Month: May 2026

Trump Media Sends 2,650 Bitcoin Worth $205M to Crypto.com, Raising Treasury Questions

Key Takeaways A Trump Media-linked wallet sent 2,650 BTC worth $204.93M to Crypto.com on May 22. Trump Media posted a $405.9M Q1 loss on crypto markdowns and still holds 6,889 BTC worth ~$532M. No official statement has been issued, leaving…

Can Hyperliquid and Zcash hold their parabolic rallies?

Hyperliquid and Zcash are leading the altcoin market, but analysts warn that crowded sentiment and stretched indicators may raise pullback risk. Summary Hyperliquid trades near $59 after hitting a $62.18 all-time high on May 21. Zcash is up over 100%…

NFT

Ethereum Layer 2 Zero Network to Cease Operations After 1.5 Years

Zero Network, the gasless Ethereum Layer 2 blockchain built by crypto wallet company Zerion, is shutting down — ending an ambitious 18-month experiment that sought to eliminate one of crypto’s most persistent user experience barriers: gas fees. The announcement, made…

Commemorating Crypto’s First Real-World Transaction

The current value of those Papa John’s pizzas reflects how much Bitcoin as an asset and a network has grown. Every May 22, the crypto industry remembers and celebrates a trade that sparked a financial revolution: 10,000 bitcoins (BTC)…

Polymarket Targets Japan Market Entry, Appoints Representative in Push for 2030 Approval

Key Takeaways Polymarket appointed Japan rep Mike Eidlin and targets government approval for prediction markets by 2030. Polymarket hit $10B monthly volume in March, drawing 678,342 users in April versus rival Kalshi. Japan approval hinges on the FSA classifying prediction…

Polymarket targets approval in Japan as global scrutiny intensifies

Polymarket has reportedly appointed a Japanese representative as the prediction market platform moves toward securing approval to operate legally in the country by 2030. Summary Bloomberg reported that Polymarket has appointed a Japan representative as it works toward regulatory approval…

Bali Crypto Event Coinfest Asia Announces 2026 Expansion Across Melasti Beach Clubs

Indonesia Crypto Network (ICN) announced that the fifth annual Coinfest Asia crypto festival will take place on August 20–21, 2026, at Melasti Beach in Bali, Indonesia. The 2026 edition will expand across five beach clubs along the coastline to serve…

Is Trump Media Dumping Bitcoin at a Loss Again?

The entity acquired its BTC stash at prices of almost $120,000, but might be selling at a heavy loss now. US President Donald Trump made some bold and bullish promises during his election campaign in 2024 for the cryptocurrency…

European Commission Launches MiCA Review Targeting Stablecoins, DeFi and Staking Rules

Key Takeaways The EU opened a MiCA review open till Aug. 31 as crypto markets have evolved beyond 2024 rules. MiCA review targets stablecoins, DeFi, staking, and tokenized assets across Europe. EU regulators are shaping potential “MiCA 2” reforms ahead…

Bitcoin, Ethereum traders brace for $1.9B options expiry

Bitcoin options expiry saw traders cut risk, with Greeks.live data pointing to weak activity, lower implied volatility, and defensive positioning. Summary Greeks.live said 21,000 Bitcoin options expired with $1.6 billion in notional value settled on Friday. Ethereum options activity cooled…