Crypto News

Bitcoin Cash Rebounds 6.4% as Bulls Defend Key Support Zone

The cryptocurrency market is navigating choppy waters amid escalating geopolitical tensions, with Bitcoin Cash (BCH) showing resilience despite broader market pressure. BCH recently demonstrated strong technical performance, forming a V-shaped recovery after testing critical support at $391.656, with substantial buying volume establishing a high-volume support level. This comes as the global cryptocurrency market faces headwinds from the ongoing US-China trade disputes, which continue to introduce uncertainty across financial markets worldwide. Meanwhile, traditional financial indicators like rising US Treasury yields signal systemic stress that historically creates mixed environments for risk assets like cryptocurrencies.Technical Analysis HighlightsBCH tested critical support at $391.656, triggering substantial buying volume particularly during the 01:00-04:00 timeframe.A powerful breakout occurred during the 13:00 hour, with BCH surging to $416.958...

Crypto Game Crashouts: The Biggest Shutdowns So Far in 2025

From Deadrop to Nyan Heroes and plenty in between, many promising crypto games have closed up shop this year. These are the biggest so far.Source link

SEC Commissioner Breaks Down Staking—Who’s Safe, What’s Covered

New SEC division guidance reshapes crypto staking rules, easing PoS participation barriers, legitimizing key services, and unlocking powerful momentum for decentralized blockchain expansion. SEC Commissioner Endorses New Staking View—PoS Participation Just Got Easier U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce released a statement on May 29 endorsing new guidance from the agency’s DivisionSource link

Brazilian Fintech Firm Méliuz Plans $78M Equity Offering to Buy Bitcoin, Shares Plunge

Brazilian fintech Méliuz (CASH3), which serves over 30 million users in the country, is launching a public share offering to raise up to R$450 million ($78 million), with plans to allocate all proceeds to purchasing bitcoin BTC.The offering, announced Friday in a securities filing, consists of an initial issuance of 17 million common shares, with the possibility of expanding to 51 million depending on demand. Shares will be sold exclusively to professional investors in Brazil and abroad under automatic registration rules.Each share purchased will come with a package of free subscription warrants divided into 10 series, allowing investors to buy additional stock at set prices in the future.At current share prices, Méliuz expects to raise around $26 million, but that...

Gala Games Introduces Discounted TownStar Badge Mystery Pack

Gala Games unveils a discounted TownStar Badge Mystery Pack, offering players a chance to enhance gameplay with unique bonuses. Available for a limited time at a 40% discount. (Read More)Source link