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Cryptography News
Bitcoinmagazine
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Bitdeer Mined 196 Bitcoin Worth Over $21 Million In May
- Bitdeer Technologies Group mined 196 Bitcoin worth over $21 million in May 2025.
- The company increased its self-mining hashrate to 13.6 EH/s by deploying SEALMINER mining rigs in Texas, U.S., Norway, and Bhutan.
- Bitdeer sold and shipped approximately 1.6 EH/s of its SEALMINER A2s to external customers in May.
- The SEALMINER A3s are undergoing testing and will be available for pre-order in June.
- Development of the next-generation A4 SEALMINER chip targeting an efficiency of 5 J/TH by Q4 2025 is in progress.
- Bitdeer launched an AI Cloud service powered by advanced large language models like LLaMA, DeepSeek, and Qwen.
- Infrastructure developments include energization progress in Norway, Ohio, and Bhutan sites, with energy capacities increasing over time.
- Bitdeer secured $50 million in cash proceeds in May after Tether exercised warrants from a 2024 private placement.
- The company is expanding operations globally across North America, Europe, and Asia, solidifying its position in Bitcoin mining and high-performance computing.
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Coindoo
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XRP Nears Key Breakout: What Will Trigger It
- XRP is nearing a key breakout point with technical indicators showing a potential upward move.
- Experts anticipate a strong rally if daily candles close above a certain threshold.
- EGRAG Crypto suggests that XRP is at a critical point with a breakout above $2.35 potentially sparking rapid growth.
- Ripple CEO's bullish statement about XRP potentially capturing a significant market share further fuels long-term excitement.
- Speculative projections within the XRP community suggest valuations above $1,000 per token.
- Short-term momentum seems to be building as traders await a daily close above $2.33 to trigger the next move.
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Coindoo
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Trump Post-ETF Shock? Is $TRUMP Coin Ready To Rocket, Or Will FloppyPepe And Huma Finance Explode Portfolios First?
- Investors are debating whether politically charged tokens like Official Trump (TRUMP) or DeFi projects like FloppyPepe (FPPE) and Huma Finance (HUMA) will dominate the market amidst the Bitcoin ETF hype.
- FloppyPepe (FPPE) distinguishes itself by offering AI-driven practical utility for meme content generation and monetization.
- It has achieved significant milestones, including selling out in private sales, passing a security audit, and attracting investments.
- Official Trump (TRUMP) faces volatility but has seen a recent price increase amidst the buzz around the Truth Social Bitcoin ETF.
- Huma Finance (HUMA) is gaining traction with the launch of Huma 2.0 on Solana and rising institutional interest.
- Huma Finance's fundamentals remain strong, with potential for further growth.
- FloppyPepe (FPPE) is outperforming with strong tokenomics, AI utility, and community growth.
- It is expected to see significant price gains, making it an attractive investment option.
- Investors can join the presale with an 80% bonus using the code 'FLOPPY80'.
- Readers are advised to conduct their own research before engaging in cryptocurrency-related activities.
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Zycrypto
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Bitcoin Should Be In Every Portfolio To Hedge Against Inflation, Asserts Billionaire BTC Bull Paul Tudor Jones
- Billionaire investor Paul Tudor Jones sees Bitcoin as a hedge against inflation amidst mounting U.S. debt.
- Jones believes the U.S. is in a 'debt trap' and predicts real interest rates will stay below inflation.
- He anticipates higher prices, lower purchasing power, and increased risk for traditional portfolios.
- To combat this, Jones suggests including Bitcoin, gold, and stocks in every portfolio.
- Jones highlights that Bitcoin's volatile price swings should be factored in when determining position sizes.
- Bitcoin is advocated as a hedge against inflation by Jones and the crypto community.
- With the Consumer Price Index at 2.4% in May, Jones emphasizes the need for inflation protection.
- The price of Bitcoin has surged over 64% this year, currently standing at about $109,536.
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Coindoo
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US Senate Advances ‘GENIUS Act’ for Crypto Stablecoin Regulation
- The US Senate advanced the 'GENIUS Act' for regulating crypto stablecoins through a cloture vote.
- Cloture is a procedural tool to hasten debate and move a bill to a final vote.
- Senator Tim Scott expressed leadership in pushing for the bill's progress amidst bipartisan support.
- Some Democrats, like Chuck Schumer, Amy Klobuchar, and Elizabeth Warren, opposed the bill; while others, such as Ruben Gallego, supported it.
- The bill mandates stablecoins to be fully backed by US dollars or liquid assets and requires annual audits for issuers with a market cap over $50 billion.
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Coinjournal
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POL price surges as Sandeep Nailwal assumes Polygon Foundation CEO role
- Polygon token POL (formerly MATIC) surged to $0.24 as Sandeep Nailwal became the new CEO of Polygon Foundation.
- The rise in POL price coincided with widespread gains in the crypto market.
- Nailwal's leadership follows key growth metrics for Polygon in May.
- Overall trading volume for POL surged as the market cap reached around $2.45 billion.
- Altcoins like Ethereum, Solana, and XRP showed gains alongside POL.
- Nailwal's appointment as CEO signals a strategic shift for Polygon following previous co-founder departures.
- The move is aimed at providing clear direction and focused execution for Polygon Foundation.
- Polygon's ecosystem witnessed growth in total transfers, active addresses, and stablecoin supply.
- Under Nailwal, Polygon will focus on PoS, Agglayer, and deprecate the zkEVM platform.
- Plans include Agglayer v0.3 rollout by June 30, 2025, with further interoperability enhancements.
- Additionally, the Agglayer Breakout program will support projects like Polygon ZisK.
- Nailwal highlighted Polygon's strong financial position for long-term growth without the need to raise funds.
- Notably, POL price hit $1.29 in March 2024.
- The news was shared by Polygon on social media
- The original article is from CoinJournal.
- Polygon's former MATIC token has now been rebranded to POL
- The update follows the appointment of Nailwal Sandeep as the new CEO of Polygon Foundation.
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Zycrypto
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tBTC Launches on Starknet: Bitcoin Enters the Multi-Chain DeFi Era
- Threshold Network has introduced tBTC on Starknet, enhancing Bitcoin's utility in DeFi.
- tBTC integration on Starknet enables BTC holders to trade, lend, and engage in DeFi activities at minimal costs.
- Bitcoin's traditional constraints like high fees and slow confirmation times are overcome by tBTC on Starknet.
- tBTC offers instant confirmations, high throughput, and near-zero fees, enabling active participation in DeFi.
- The launch of tBTC on Starknet drives innovation in decentralized applications like Ekubo and Vesu.
- Partnerships with Oracle networks and liquidity providers support the tBTC ecosystem.
- tBTC expands Bitcoin's utility beyond traditional finance, enabling streaming payments and smart contract automation.
- Starknet provides trustless security with STARK-based rollup technology for scalability.
- Users can access tBTC on Starknet through direct minting or bridging existing tBTC from Ethereum.
- Starknet's growth in TVL and active protocols affirms its position as a leading DeFi platform.
- Analysts predict a significant increase in Bitcoin's DeFi footprint with the integration of tBTC on Starknet.
- Threshold Network's tBTC and StarkWare's Starknet offer scalable and secure infrastructure for DeFi.
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Zycrypto
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Ukraine Lawmakers Introduce Historic Bill For Establishment Of Crypto Asset Reserve
- Ukrainian lawmakers introduced a bill to allow the National Bank to include cryptocurrencies like Bitcoin in the country's reserve.
- The draft bill proposes amendments to the law 'On the National Bank of Ukraine' to add crypto assets to traditional reserves.
- Yaroslav Zheleznyak, a lawmaker behind the bill, sees it as a step towards integrating Ukraine into global financial innovations.
- The National Bank of Ukraine would have full control over the decision to allocate reserves to crypto if the bill passes.
- The bill does not mandate acquiring crypto for reserves but provides the option to do so.
- Creating a crypto reserve is expected to strengthen macroeconomic stability and boost the digital economy in Ukraine.
- Ukraine currently holds 46,351 BTC, valued at over $5 billion, trailing behind the U.S., China, and the U.K. in crypto holdings.
- Several countries, including El Salvador and the U.S., have been active in establishing crypto reserves for economic purposes.
- This move is part of a global trend with countries like the Czech Republic, Brazil, and Pakistan also considering digital asset integration.
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Coindoo
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Altcoin Surges Over 6,000% in 24 Hours — Scam or Speculation?
- Altcoin price surged over 6,000% in 24 hours, raising concerns in the crypto community.
- Analyst David Crypto Scam Hunter issued a high-risk alert due to the sudden spike.
- The token had a history of crashing from a $70 million market cap to $500,000 and remained inactive for over a year.
- No announcements, utility, or partnerships supported the surge, leading to suspicions of manipulation.
- On-chain data revealed sudden buy pressure at 6 PM UTC with wallets showing no identifiable pattern, hinting at a potential setup.
- Top holders received large token amounts via internal transfers, suggesting pre-allocation or insider involvement.
- Some wallets have held tokens since the project's launch, indicating a long dormancy period before the rally.
- Debate surrounds whether the surge is a pump-and-dump scam or an insider strategy to revive a dormant asset.
- Analysts warn of red flags including recycled branding, volume spikes, inactive socials, and suspicious wallet flows.
- Traders are cautioned about $AURA due to lack of fundamental developments and potential for a rug pull.
- The setup looks risky despite early gains, emphasizing the need for caution in volatile altcoin trading.
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Zycrypto
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Ripple Notches Major Institutional Win As Wall Street Titan Guggenheim Tokenizes Digital Commercial Paper On XRP Ledger
- Guggenheim Treasury Services, a subsidiary of Guggenheim Partners, has tokenized its Digital Commercial Paper (DCP) product on the XRP Ledger (XRPL).
- DCP, a fixed-income asset backed by U.S. Treasuries rated Prime-1 by Moody’s, was initially launched on Ethereum and is now live on XRPL offering customized maturity options.
- The move to tokenize DCP on XRPL was managed through the Zeconomy platform, enabling real-time finance on the ledger.
- Ripple plans to explore the use of DCP for cross-border payments in collaboration with Guggenheim Treasury Services.
- Markus Infanger, Senior Vice President of RippleX, emphasized the evolution of tokenization from experimentation to production in global financial markets.
- Guggenheim's DCP, after $280 million in issuance on Ethereum, is now leveraging XRPL for real-time settlement, low fees, and improved accessibility.
- By rolling out DCP on XRPL, Guggenheim aims to modernize the issuance, transaction, and integration of commercial paper into global treasury and liquidity systems.
- Ripple's $10 million investment in DCP is part of its initiative to introduce institutional real-world assets to XRPL, aligning with previous investments in tokenized treasuries.
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Zycrypto
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Bitcoin Poised For Rally To $1 Million, Says Michael Saylor — Here’s What Will Catalyze The Epic Ascent
- Michael Saylor believes Bitcoin will not experience another crypto winter and is poised to reach $1 million per coin.
- Saylor predicts the price surge based on factors like daily Bitcoin purchases amounting to $50 million and increased adoption by public companies.
- His company, Strategy, has acquired 582,000 BTC, valued at $63.59 billion.
- Saylor mentioned that a $50 million purchase can significantly impact the entire cryptocurrency market.
- If Bitcoin reaches $500,000 or $1 million, a correction of around $200,000 per coin may be expected.
- Saylor sees Trump's support for Bitcoin and improving regulatory environments as positive factors for its future.
- Institutions like BlackRock and countries are increasingly investing in Bitcoin, leading to a surge in demand.
- Saylor views this as a 'digital gold rush' phase, signaling a reduced level of risk for Bitcoin.
- Other market experts, like ARK Invest, have also set optimistic price targets for Bitcoin, pointing to growing institutional interest.
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Zycrypto
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Trump Family-Backed American Bitcoin Has Scooped Up $23 Million Worth Of Bitcoin
- American Bitcoin, backed by the Trump family, has acquired 215 BTC worth $23.6 million since April.
- The company disclosed its Bitcoin holdings in a recent SEC filing, amid the current BTC price of $109,605.
- American Bitcoin is a newly formed entity through a merger between American Data Center, Hut 8, and the Trump family.
- The Trump brothers own 20% of American Bitcoin, while Hut 8 holds the remaining 80%.
- American Bitcoin plans to go public via a stock-for-stock merger with Gryphon Digital Mining and trade on Nasdaq under the symbol ABTC.
- The company views Bitcoin as a core strategic asset for enhancing long-term shareholder value.
- Its accumulation strategy is not fixed, intending to assess market conditions continuously to increase its BTC holdings.
- American Bitcoin is part of the trend where public and private companies are adding Bitcoin to their corporate treasuries.
- Trump Media, GameStop, Paris Saint-Germain, alongside others, have either announced or advanced their Bitcoin treasuries.
- While separate from the Trump Organization, American Bitcoin might collaborate with the DeFi platform World Liberty Financial launched by Trump's sons.
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Zycrypto
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Decoding Future of Memecoins With Neo Pepe Protocol
- Neo Pepe Protocol is positioned as a significant memecoin revolution, promising groundbreaking features and the biggest presale of 2025.
- It simplifies Kaspa by offering fearless analysis tools and a decentralized Community Governance DAO for user involvement in decision-making.
- With smart contract functionalities and user-friendly governance mechanisms, Neo Pepe Protocol makes Kaspa more accessible.
- The presale of Neo Pepe Coin aims to integrate humor, innovation, and streamlined blockchain tools for a seamless ecosystem.
- The presale is anticipated to be significant due to its unique mix of meme appeal, innovative technology, and community engagement.
- Early participation in the Neo Pepe Presale could offer exclusive benefits and opportunities for future growth.
- Neo Pepe stands out among memecoins with utility, community involvement, and innovative protocols, making it a promising investment.
- The article encourages joining Neo Pepe's Presale for simplified blockchain interactions, inclusive community, and future-proof investments.
- Readers advised to conduct independent research and beware of risks before engaging in crypto trading or investments.
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Coindoo
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Polygon CEO Sandeep Nailwal Unveils Major Network Overhaul
- Polygon CEO Sandeep Nailwal takes full control and launches a roadmap to reshape the network's future.
- Accelerating the launch of Agglayer, a cross-chain aggregator, to enhance interoperability.
- Polygon PoS chain to be upgraded into GigaGAS chain for higher throughput.
- GigaGAS chain targets 100,000 transactions per second while maintaining Ethereum compatibility.
- Polygon zkEVM chain to be phased out in favor of scalable infrastructure.
- Shift towards a founder-led vision for focused development.
- Focus on enhancing stakeholder value and utility of POL token.
- Polygon aims to deliver scalable blockchain solutions with a user-centric approach.
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Coinjournal
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Interactive Strength to launch the world’s first AI crypto treasury with Fetch.ai
- Interactive Strength Inc. plans to launch the world’s first AI crypto treasury with Fetch.ai’s $FET tokens, investing $500 million in the initiative.
- ATW and DWF Labs have initially invested $55 million to support the acquisition of FET tokens by Interactive Strength.
- BitGo will oversee custody and trading of Interactive Strength's FET holdings.
- Interactive Strength aims to leverage AI and crypto in the fitness industry, merging AI agents with its digital fitness ecosystem.
- The company's partnership with Fetch.ai will deliver AI-driven coaching solutions for users.
- Fetch.ai's decentralised agents offer the potential for highly customised experiences in health and wellness platforms.
- The initiative has received institutional support from ATW Partners and DWF Labs, indicating confidence in the strategy.
- BitGo, a digital asset custodian, will enhance security for Interactive Strength's FET holdings.
- The AI treasury plan aligns with Interactive Strength's acquisition efforts and expansion in AI-driven services.
- Fetch.ai's platform features AI agents for real-time interactions and transactions, with applications in logistics, healthcare, and energy.
- The partnership aims to offer innovative fitness services and capitalise on the growing crypto market.
- Interactive Strength's recent financial activities demonstrate efforts to drive expansion and innovation.
- The strategic capital deployment includes acquisitions and partnerships to fuel growth.
- Integrated AI functionality from Fetch.ai could provide a competitive edge for Interactive Strength in the rapidly evolving digital landscape.
- Investors and industry observers will monitor the performance of Interactive Strength's hybrid model as it progresses with token acquisition and technology rollout.
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