Crypto News

Freight Technologies (FRGT), a $4.8 million market cap logistics tech firm focused on cross-border trade between the U.S. and Mexico, has entered an agreement to buy up to $20 million in the Official Trump Token (TRUMP) to build out its crypto treasury.The company said it secured the funding through a convertible note facility with an institutional investor, with an initial $1 million tranche already committed. The capital will be used solely to acquire TRUMP tokens, making it one of the first publicly listed companies to do so.The decision follows a separate investment in AI-linked FET tokens currently valued at $8 million, which the company says supports AI tools used across its logistics platforms.Buying digital assets for publicly traded companies isn't...

Recently, monero ( XMR) captured attention when reports surfaced of hackers converting 3,520 stolen BTC into XMR. Interestingly, the privacy-oriented cryptocurrency has notably outperformed both BTC and ETH so far this year. Over the Last 12 Months, Monero Outperformed Bitcoin and Ether Throughout 2025, monero (XMR) has delivered impressive market returns, steadily increasing in valueSource link

Arizona will not be investing in bitcoin (BTC), at least not this year. Governor Katie Hobbs vetoed a bill on Friday that would have allowed the state to hold the digital asset as part of its official reserves.The legislation, known as Senate Bill 1025, proposed using seized funds to invest in BTC and create a digital assets reserve managed by the state. After passing the state House in a narrow 31–25 vote, the bill reached Hobbs' desk, where it was swiftly struck down.“The Arizona State Retirement System is one of the strongest in the nation because it makes sound and informed investments. Arizonans' retirement funds are not the place for the state to try untested investments like virtual currencу,” Hobbs...

"The O.C." star Ben McKenzie’s directorial debut aims to expose the crypto world, with the documentary debuting at SXSW London in June.Source link

CME Group’s cryptocurrency derivatives market posted a steep increase in trading activity in April, reaching a new average daily volume (ADV) of 183,000 contracts worth $8.9 billion in notional terms, the firm reported.That marks a 129% jump compared to the same month last year, suggesting growing institutional interest in crypto markets.Ether led the growth. CME’s ether futures ADV surged 239% to 14,000 contracts, while micro ether futures climbed 165% to 63,000. Micro bitcoin futures followed with a 115% increase to 78,000 contracts.The CME’s bitcoin and ether futures contracts have a larger notional value, of 5 BTC and 50 ETH, respectively. Micro contracts, meanwhile, enable more precise trading, representing just 0.1 of each cryptocurrency.The exchange operator had already reported record cryptocurrency...