Crypto News

Ripple’s CEO breaks it down: crypto ETFs are revolutionizing access for institutional investors and delivering long-sought legitimacy, catapulting digital assets into mainstream financial dominance. Ripple Unpacks Crypto ETF Surge—Access and Legitimacy Just Changed Everything Ripple CEO Brad Garlinghouse took the spotlight on Friday in a special episode of Ripple’s “Crypto In One Minute” to addressSource link

Bitcoin ended the week 5% higher after U.S. President Donald Trump’s tariff threat against the European Union caused market volatility. EU Tariff Threat Rattles Markets After kicking off what turned out to be another milestone-setting week, bitcoin ( BTC) ultimately ended the week only 5% higher after U.S. President Donald Trump’s tariff threat against theSource link

A U.S. judge has overturned the fraud and market manipulation convictions of Avraham Eisenberg, the crypto trader accused of draining $110 million from the now-defunct decentralized finance protocol Mango Markets.On Friday, U.S. District Judge Arun Subramanian ruled that prosecutors failed to prove Eisenberg made false representations to the platform.He also moved to acquit Eisenberg of wire fraud charges. The investor manipulated the price of Mango’s native token MNGO with massive trades by more than 1,000% in 20 minutes before getting the protocol to allow him to borrow and withdraw $110 million in various cryptocurrencies, backed by the inflated collateral.Eisenberg’s defense argued that the platform, which operated through smart contracts, allowed anyone to transact freely and that he simply exploited a...

Spot bitcoin and ethereum exchange-traded funds saw a combined $270.37 million in inflows on Friday, continuing a trend of institutional engagement with these crypto-backed funds. Spot Bitcoin ETFs Now Total $44.5B in Inflows Sosovalue.com stats show spot bitcoin ETFs attracted $211.74 million during the May 23 trading session, pushing cumulative inflows to $44.53 billion sinceSource link

DDC Enterprise (DDC), an Asian food company, has announced the acquisition of 21 BTC as part of a long-term plan to incorporate the cryptocurrency into its corporate treasury.The company, led by founder and CEO Norma Chu, exchanged 254,333 class A ordinary shares for BTC, in a transaction valued at roughly $2.28 million, according to a press release.The move positions DDC among a growing cohort of public companies using BTC as a treasury asset. Two more purchases totaling 79 BTC are expected in the coming days, bringing the company's initial holdings to 100 BTC.In a shareholder letter issued last week, Chu outlined plans to accumulate up to 500 BTC within six months and aim for 5,000 BTC in three years.While companies...