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Uniswap governance moves to extend UNI token burns to BNB Chain, Polygon, and Celo
The Uniswap DAO has pushed out a new proposal to expand its UNIfication program by activating protocol fee collection and UNI token burning to the BNB, Polygon and Celo networks. The proposal to expand on the three networks will be looking at replicating the rally that the initial rollout sparked when it launched on the...Cryptopolitan
Sat, May 23
Fenwick & West agrees to pay $54M to escape FTX customer lawsuits over collapse
Fenwick & West, a prominent Silicon Valley law firm, has entered into a $54 million preliminary settlement agreement to address customer lawsuits related to the defunct crypto exchange, FTX. Filed in court on Friday in Miami, Florida, the settlement has yet to receive judicial sanction. Settlement will address claims that FTX clients raised against the...Cryptopolitan
Sat, May 23
Bitcoin Spot Demand Falls At Fastest Rate Since January — What’s Happening?
The price of Bitcoin has been under significant downward pressure over the past week, and the falling spot demand might be one of the factors behind the downturn, according to a CryptoQuant head of research. Bitcoin Apparent Demand Falls To -40K BTC In a May 22nd post on the X platform, CryptoQuant’...Bitcoinist
Sat, May 23
History Shows Bitcoin ETF Outflows Favor Accumulation, Says Santiment
Six straight days of outflows from US spot Bitcoin ETFs — totaling $1.26 billion — are drawing attention not for the losses they represent, but for what history suggests might come next. What The Data Shows Blockchain analytics firm Santiment says these outflows should be read as a counter-signal ra...NewsBTC
Sat, May 23
Historical Performance Says Bitcoin Price Will Not Bottom Until It Touches This Level
Crypto analyst Chain Mind has indicated that the Bitcoin price has yet to bottom. He alluded to historical performance, which shows that BTC has never bottomed without touching the EMA 300. Bitcoin Price Unlikely To Bottom Before Touching This Level In an X post, Chain Mind indicated that the Bitcoi...NewsBTC
Sat, May 23
Another Crypto Company Has Filed For IPO, But It’s Not Ripple
Crypto exchange Blockchain.com has confidentially filed for a U.S. IPO, becoming the latest crypto company to seek a public listing. Meanwhile, Ripple remains on the sidelines and has not indicated plans to go public anytime soon. Crypto Exchange Files For IPO As Ripple Remains On The Sidelines Acco...Bitcoinist
Sat, May 23
French-Moroccan man sentenced to 25 years in prison for France crypto kidnaps
A French-Moroccan man convicted of organizing some of the recent daring kidnappings of crypto figures in France has been sentenced to 25 years in prison. The news comes amid a growing debate in French society over the massive number of data leaks in the country that are compromising personal security. Moroccan court sends crypto kidnapper...Cryptopolitan
Sat, May 23
Grayscale Files Third Hyperliquid ETF Amendment With SEC — Details
Hyperliquid’s native token HYPE has been the major center of attention in the cryptocurrency market over the last week. Besides its impressive price action — outperforming other large-cap assets by a significant margin in the past week — the cryptocurrency seems to be becoming the new darling of ins...Bitcoinist
Sat, May 23
This Bitcoin Momentum Signal Preceded Last October’s Crash — Another Downturn Incoming?
After a steep downturn in early February, the Bitcoin price saw a significant turnaround over the following two months. While the month of May initially continued on this positive note, the premier cryptocurrency seems to have cooled off over the past week — aligning with BTC’s track record of not r...NewsBTC
Sat, May 23
Bitcoin Forms Risky Head-And-Shoulders Pattern, Points To $44K Target
Bitcoin is experiencing a steady decline, as prices dipped below $60,000 in the past week. The leading cryptocurrency has struggled to sustain upside momentum after multiple rejections at the $82,000 price level over the last month. Meanwhile, analysts remain divided between the potential of a resur...NewsBTC
Sat, May 23
South Korea To Revisit Crypto Tax Plan After Repeal Petition Tops 50,000 Signatures
South Korean lawmakers are expected to review their crypto tax plan after a petition to abolish the long-delayed framework surpassed the required signatories to be discussed in the National Assembly. Related Reading: Jane Street Accused of $192M Telegram Insider Trading Scheme Ahead of Terra Collaps...Bitcoinist
Sat, May 23
Hyperliquid Is Becoming A Core Infrastructure Layer For Crypto Finance
Hyperliquid is increasingly evolving from a high-performance trading platform into a foundational layer of crypto’s financial infrastructure. What began as a decentralized perpetual futures exchange has expanded into a broader ecosystem that attracts traders, liquidity providers, builders, and capit...NewsBTC
Sat, May 23
Glassnode Says Bitcoin Options Traders Are Still Positioned For Trouble
Bitcoin’s drop back below $78,000 after a rejection near recent local range highs has left options traders positioned cautiously, according to new data shared by Glassnode. The firm said the options market continues to show compressed volatility expectations, elevated downside hedging demand, and a ...NewsBTC
Sat, May 23
Solana Vs Ethereum: What’s Holding Growth Back? 3 Reasons SOL Is Still Lagging
A recent report highlighted three major reasons Solana (SOL) has struggled to keep pace with Ethereum (ETH), at least from a market performance perspective that goes beyond day-to-day price movements. Market expert Dominic Basulto from The Motley Fool pointed to factors that, in his view, have shape...NewsBTC
Sat, May 23
Trump Media’s $205M Bitcoin Transfer Fuels Fresh Sale Speculation
Trump Media-linked wallets deposited 2,650 Bitcoin, worth roughly $205 million, into Crypto.com, according to on-chain trackers, triggering speculation that the Truth Social parent has sold another tranche of its Bitcoin treasury. The transfer matters because Trump Media’s Bitcoin position was built...Bitcoinist
Sat, May 23
Solana Price Structure Suggests Temporary Recovery Before Next Major Decision
Solana continues to trade within a cautious consolidation phase, with price action suggesting that a temporary recovery may develop before the market makes its next major directional move. While short-term momentum has started to stabilize, SOL still faces key resistance barriers that could determin...NewsBTC
Sat, May 23
XRP’s Leverage Build-Up Reaches Critical Levels – Analyst Explains The Risk
XRP is struggling below $1.40 as the market faces indecision that has left the price grinding in a range without the directional conviction needed to break meaningfully in either direction. The uncertainty is real — but an analysis from platform Arab Chain tracking Binance derivatives activity has i...Bitcoinist
Sat, May 23
Hope For Altcoin Season: The Bitcoin Move That Could Kickstart Everything
Altcoins have spent years losing ground against Bitcoin, and that has made the phrase “altseason is dead” one of the easiest claims in crypto. However, a market structure shared by Cryptollica on X suggests the story may not be that simple. The chart does not show strength yet, but it does show a fa...Bitcoinist
Sat, May 23
Bitcoin Traders Step Back In After Longest Deleveraging Since 2022
Bitcoin derivatives traders are moving back into the market after an eight-month deleveraging phase, according to CryptoQuant analyst Darkfost, with Binance futures open interest now back above its 180-day moving average. The shift suggests risk appetite is returning after one of the longest reducti...NewsBTC
Sat, May 23
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