THE COIN WIRE NEWS
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- Polygon, initially known as Matic, was founded by Jaynti Kanani, Sandeep Nailwal, Mihailo Bjelic, and Anurag Arjun.
- U.S. President Donald Trump threatened a 50% tariff on all European Union imports and a 25% levy on imported Apple […]
- Market capitalization slumped 5% as traders took profits on the week-long rally ahead of the weekend.
- Bitcoin slumped just modestly from record high levels on Friday, but the carnage in related stocks was far worse.
- The leverage flush happened as crypto prices quickly dropped on renewed trade war fears, with BTC slipping 3% from near […]
- Sui (SUI) Dropped 6.8% and NEAR Protocol (NEAR) fell 5.8%, leading the index lower from Thursday.
- The company acquired 455 bitcoin in its third-largest announced purchase.
- Ledn said the shift is part of its broader strategy to simplify its product and sharpen its focus around bitcoin.
- The president Friday morning threatened an imminent 50% tariff on all EU imports as well as a 25% levy on […]
- Your day-ahead look for May 23, 2025
- Moon Inc. head of Bitcoin strategy Jesse Myers says that Bitcoin holders are underestimating the significant amount of Bitcoin that corporations will accumulate by 2045.“Bitcoin Treasury Companies will hold 50% of all BTC, way more than most Bitcoiners are prepared for,” Jesse Myers said in a May 23 X thread.Strategy will own $70T of Bitcoin […]
- A US federal judge has vacated key fraud and manipulation convictions against Avraham Eisenberg, the trader at the center of the case involving a $110 million exploit of the decentralized exchange Mango Markets.On Friday, US District Judge Arun Subramanian ruled that the evidence presented at trial failed to support the jury’s conclusion that Eisenberg made […]
- US-based spot Bitcoin exchange-traded-funds (ETFs) have recorded a total of $2.75 billion in inflows this week amid Bitcoin surpassing its January all-time high of $109,000.The $2.75 billion in inflows is approximately 4.5 times larger than the previous week’s $608 million, according to Farside data.BlackRock Bitcoin ETF continues inflow streakOn May 23, the final day of […]
- Mihailo Bjelic, co-founder of Ethereum layer-2 scaling solution Polygon, has stepped down from his role at Polygon but suggests he will stay active in the crypto industry in some capacity.His resignation drew reactions across Polygon and the wider crypto community, with several seeing it as a loss for Polygon, which has been tied to several […]
- Key takeaways:Bitcoin bulls aim to push BTC above $110,000 by May 30 to capitalize on $4.8 billion in call options.Spot BTC ETF inflows and weak put positioning give bulls a strong edge in the monthly expiry.Bitcoin (BTC) is approaching its largest monthly options expiry of 2025, with total exposure reaching $13.8 billion. This event gives […]
- The current structure of capital markets is failing to serve a broad base of investors, according to Akshay BD, non-chief marketing officer at the Solana Foundation. During a panel at the Accelerate 2025 conference, Akshay argued that blockchain technology could help address these shortcomings, claiming that Solana could “make everyone an investor or a dreamer […]
- Blockchain privacy tools such as zero-knowledge (ZK) proofs will become increasingly necessary to protect online user data in the age of artificial intelligence, according to Eran Barak, CEO of Shielded Technologies, the developer behind the Midnight privacy chain.In an interview with Cointelegraph at Consensus 2025, Barak said corporate service providers and centralized servers are expected […]
- Semler Scientific, a medical device company, purchased of $50 million worth of Bitcoin between May 13 and May 22, bringing the market value of the company’s Bitcoin (BTC) holdings to $474.4 million, keeping it within the top 13 of BTC Treasury companies.According to a May 23 disclosure, Semler bought a total of 455 BTC for […]
- Today in crypto, US-based spot Bitcoin ETFs posted a significant amount of inflows this week, US lawmakers have urged the Justice Department to investigate President Donald Trump's crypto dinner. Former Binance CEO Changpeng Zhao has pushed back reports linking him to World Liberty Financial. Bitcoin ETFs post $2.75B in weekly inflows as price sits above […]
- Texas Governor Greg Abbott has signaled support for a bill recently passed by the state House of Representatives that would establish a strategic cryptocurrency reserve.In a May 22 X post, Abbott posted a Techstory article about Texas state lawmakers’ efforts to create a Bitcoin (BTC) reserve. The story pointed out that the decision for the […]
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- The crypto market is experiencing a fresh wave of Optimism as major banks like JPMorgan and Citigroup prepare to launch […]
- Donald Trump’s lavish gala dinner for top holders of the TRUMP meme coin has sparked a fierce backlash, with Democrats […]
- Lotte, one of the largest food business groups in South Korea, which provides the nation with almost any food product […]
- The non-fungible token market has recorded positive growth today after the Polygon-based non-fungible token collections, among other digital collectibles, exploded […]
- Top US banks, including JPMorgan, Bank of America, Citigroup, and Wells Fargo, are in early talks about launching a joint […]
- Cetus Protocol, the biggest decentralized exchange (DEX) on the Sui network, was hacked on Thursday, losing about $223 million worth […]
- The Fédération Internationale de Football Association (FIFA) has collaborated with Ava Labs, the team behind the popular Avalanche L1 blockchain […]
- Bitcoin has soared to a new all-time high (ATH), vaulting past tech giants Google and Amazon in market cap amid […]
- The non-fungible token market has slightly surged today, recording a trading sales volume of more than $16 million. In the […]
- Asset manager Bitwise says the Senate stablecoin bill could have a bigger impact on the crypto market than the launch […]