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Bank of Korea lowers rates for the fourth time to spur growth
South Korea's central bank cut interest rates for a fourth time in the current easing cycle on May 29th to bolster an economic recovery that U.S. tariffs have clouded.
Cryptopolitan
Thu, May 29
Ethereum Market Outlook: Technical Indicators Signal Possible Continuation of Uptrend
Ethereum (ETH), the world’s second-largest cryptocurrency, has experienced considerable price fluctuations recently, trading at approximately $2,633 at the time of writing. The asset registered a mild decline of 1.2% over the past 24 hours, retreating slightly after surpassing the $2,700 mark ...
NewsBTC
Thu, May 29
Elon Musk tried to pull rank to torpedo Sam Altman’s AI data center deal: WSJ
According to a Wall Street Journal report, Elon Musk used Trump’s name as leverage in an attempt to stop OpenAI’s CEO, Sam Altman, from finalizing a deal to open an AI data center in Abu Dhabi. The Trump administration has backed OpenAI’s CEO, Sam Altman, despite the latter’s public altercations with U.S. “first buddy,” Elon […]
Cryptopolitan
Thu, May 29
Musk ends official role but says DOGE will keep growing
Elon Musk has officially stepped down from his position as the de facto head of the Department of Government Efficiency (DOGE), a role he held as a special government employee under President Donald Trump’s administration. While his tenure was always intended to be temporary, Musk’s departure comes amid growing criticism of the administration’s fiscal policies, […]
Cryptopolitan
Thu, May 29
Here Are The Top 5 Bitcoin Indicators, According To CryptoQuant
The on-chain analytics firm CryptoQuant has revealed the five Bitcoin indicators that tell us what’s happening beneath the surface. These Are The Top Five Bitcoin Indicators To Watch In a new post on X, CryptoQuant discusses how real signals originate from on-chain data, with price moves merel...
Bitcoinist
Thu, May 29
Bitcoin Up 15% in a Month, Analyst Cautions on MVRV Resistance Level
Bitcoin is currently trading at $109,000, marking a marginal decline of 0.6% over the past 24 hours. Despite this short-term dip, the broader market trend remains intact, with Bitcoin recording an approximate 15% gain over the past month. This performance comes after BTC set a new all-time high just...
NewsBTC
Thu, May 29
Trump’s administration slams the Federal Trade Court ruling
On Wednesday, a federal trade court blocked Donald Trump from imposing sweeping tariffs on imports under an emergency powers law.
Cryptopolitan
Thu, May 29
Strive Eyes Bitcoin With $750 Million Ammo In Hand
Strive Asset Management, led by entrepreneur Vivek Ramaswamy, has moved to build a big Bitcoin stockpile. They just lined up $750 million in private backing. There’s a plan to raise up to $1.5 billion if warrants get exercised. It’s a bold step that puts them in the club of top treasury buyers. Rela...
Bitcoinist
Thu, May 29
Shiba Inu Trapped Inside Triangle: 17% Move Incoming?
An analyst has pointed out that Shiba Inu is currently trading within a triangle pattern, which could set up a 17% move for the memecoin. 4-Hour Price Of Shiba Inu Has Been Consolidating Inside A Triangle Recently In a new post on X, analyst Ali Martinez has talked about a pattern that has been form...
NewsBTC
Thu, May 29
Cardano (ADA) Capped Below Resistance — Will Buyers Regain Control?
Cardano price started a fresh decline below the $0.80 zone. ADA is now consolidating and might aim for a recovery above $0.780. ADA price started a fresh decline below $0.80 and $0.780. The price is trading above $0.750 and the 100-hourly simple moving average. There was a break above a bearish tren...
NewsBTC
Thu, May 29
Bitcoin Short And Long-Term Holder Realized Prices Climb – Sign Of A Healthy Bull Market?
Bitcoin is approaching what many analysts believe to be the final and most explosive phase of this bull cycle. After a strong rally over the past two months, BTC is now consolidating just below the critical $112,000 resistance level—a key psychological and technical barrier that, once broken, could ...
Bitcoinist
Thu, May 29
Bitcoin Surges With Low Retail Interest – Is A Second Wave Coming?
Recently, Bitcoin (BTC) achieved a new all-time high (ATH) of $111,980 on Binance crypto exchange, surpassing its previous ATH of $108,786 recorded in January 2025. However, this rally is missing a crucial element that has historically fuelled sustained bull markets – retail investor participa...
NewsBTC
Thu, May 29
XRP Price Targets Recovery — Signs of Strength Emerging
XRP price started a fresh decline below the $2.320 zone. The price is now correcting losses and might aim for a move above the $2.350 resistance. XRP price started a fresh decline below the $2.300 zone. The price is now trading below $2.320 and the 100-hourly Simple Moving Average. There was a break...
NewsBTC
Thu, May 29
Top 3 Gainers SPX, UNI, and TON: Altcoins record double-digit surge, ignoring Bitcoin’s pullback
The altcoins market sustains the uptrend momentum, with decentralized finance (DeFi) and meme coins leading the way, despite the short-term volatility in Bitcoin (BTC), signaling a chance of a new altseason.
Fxstreet
Thu, May 29
Why are Tesla investors still so bearish after all of Elon Musk’s efforts and the stock surging?
Tesla’s stock just jumped 7.7% in after-hours trading, but investors are still bailing like the ship’s leaking. Elon Musk says he’s stepping back from politics to focus on the company, but that isn’t stopping long-time supporters from walking away.
Cryptopolitan
Thu, May 29
Asian markets and US futures surged after court’s ruling against Trump’s tariffs
Asian stock markets rose on Thursday after a US court blocked President Donald Trump from using an emergency powers law to slap wide tariffs on imports. US index futures also climbed in reaction, pointing to a stronger Wall Street open. South Korea’s central bank, on the other hand, trimmed its key interest rate, and South […]
Cryptopolitan
Thu, May 29
Crypto Market Today: 5 Bullish Catalysts To Watch That Say Bitcoin Price Is Going Higher
The crypto market continues to defy bearish expectations, with the Bitcoin price holding firm even in the face of global economic uncertainty. As the price consolidates near all-time highs, traders remain divided between bullish and bearish outlooks. However, a crypto analyst believes that the bigge...
Bitcoinist
Thu, May 29
Bitcoin Set For 50%+ Move Within 6 Months, Says Hedge Fund Boss
Bitcoin is currently changing hands just above $108,000, consolidating after Tuesday’s fresh all-time high. Charles Edwards, founder of the digital-asset hedge fund Capriole Investments, believes that price could be at least 50% higher by November. In his latest market note, “Saddle Up,” released on...
NewsBTC
Thu, May 29
Ethereum Price Flexes Strength — Outpaces Bitcoin With Bullish Breakout
Ethereum price found support at $2,550 and started a fresh increase. ETH is now up over 5% and might attempt to clear the $2,800 resistance. Ethereum started a decent increase above the $2,550 and $2,720 levels. The price is trading near $2,720 and the 100-hourly Simple Moving Average. There is a ne...
NewsBTC
Thu, May 29
Nvidia sees $44.06 billion revenue in Q1 2025, up 72% as stock futures surge in reaction
Nvidia reported a blowout first quarter on Wednesday, pulling in $44.06 billion in revenue—72% more than it made in the same period last year—according to data reported by LSEG. The number landed well above expectations and immediately pushed Nvidia’s stock up around 6% in after-hours trading. The company also beat on earnings, posting 96 cents […]
Cryptopolitan
Thu, May 29
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