Crypto News
IOTA Foundation and Tony Blair Institute Collaborate for Inclusive Digital Trade
The IOTA Foundation partners with the Tony Blair Institute to develop open digital infrastructure, aiming to support inclusive trade and digital identity globally. (Read More)Source link
Russia Intensifies Drive to Replace US Dollar in Global Trade
Russia accelerates the global de-dollarization drive with bold new push for national currencies and economic sovereignty in trade. Russia Ramps up Exit From Dollar-Dominated Trade System The global shift toward settling trade in national currencies instead of the U.S. dollar is gaining traction, with Russia positioning itself at the forefront of this movement. During theSource link
Bitcoin Profit Taking Speeds Up Post Golden Cross, Hourly BTC Cashouts Top $500M, Blockchain Data Show
Bitcoin BTC holders have increased their profit-taking activity since the cryptocurrency's price averages flashed a key bullish signal two weeks ago.BTC's 50-day simple moving average (SMA) crossed above its 200-day SMA on May 22, confirming a golden cross – a technical indicator signaling bullish long-term momentum, according to data from TradingView. On the same day, bitcoin's price hit a record high above $111,000, according to CoinDesk data.Still, holders are increasingly locking in gains rather than holding for further upside, according to on-chain data tracked by Glassnode."Entity-adjusted realized profit spiked above $500M/hour three times in the past 24 hours, signaling intense profit-taking activity," Glassnode said on X on Tuesday.The entity-adjusted realized profit represents the total USD profit of all coins that...
MARA Reports Record Bitcoin Mining Performance in May 2025
MARA Holdings achieved a record high with 282 blocks mined in May 2025, producing 950 Bitcoin (BTC). The company increased its BTC holdings to 49,179, marking substantial monthly growth. (Read More)Source link
U.S. President Donald Trump’s Social Media Firm Truth Social To Launch Spot Bitcoin ETF
NYSE Arca, which is part of the New York Stock Exchange, has filed paperwork with the Securities and Exchange Commission (SEC) to launch a fund issued by U.S. President Donald Trump’s media company Truth Social.On Tuesday, the exchange filed a 19b-4 document with the SEC for a fund that would track the price of bitcoin BTC, similar to the already existing spot bitcoin exchange-traded funds (ETFs).The filing was made on behalf of crypto asset manager Yorkville America Digital, which is a partner of Trump Media & Technology Group, the owner of Truth Social.The custodian for the fund, if approved, would be Foris DAX Trust Company, which also serves as the custodian for Crypto.com’s assets.A 19b-4 filing is required to be...