Crypto News

At 9 a.m. ET, bitcoin traded at $111,406 on May 22, 2025, brushing against its all-time high of $111,888, as the market showed broad signs of bullish momentum across hourly, 4-hour, and daily chart structures. Bitcoin On the 1-hour chart, bitcoin maintained a series of higher lows despite choppy structure, with price peaking at $111,888Source link

Texas is drawing closer to establishing a strategic bitcoin (BTC) reserve after a senate bill to create one was approved by the lower house.The state's House of Representatives voted in favor of Senate Bill 121 which would establish a "Texas Strategic Bitcoin Reserve for the purpose of investing in cryptocurrency and the investment authority of the comptroller of public accounts over the reserve and certain other state funds."The bill, which passed in a 101-42 vote, now awaits a concurrence vote from the Senate following House amendments before passing to Governor Greg Abbott's desk for a final sign-off.Texas would become the second state to establish a strategic reserve for digital assets after New Hampshire. An equivalent vote in Arizona got all...

Tokens in the Sui ecosystem have been sent tumbling due to a $200 million oracle exploit that led to liquidity pools being drained.Source link

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Strategy (MSTR) will issue and sell shares of its 10.00% Series A Perpetual Strife Preferred Stock for up to $2.1 billion.Strategy plans to sell the shares over a period of time, based on market conditions. Net proceeds will be used for general corporate purposes, which may include the acquisition of bitcoin (BTC) and working capital.Source link