Stablecoin market cap rises to 2-year highs as dominance slides to 6%: CCData
After eight consecutive months of ascent, the stablecoin market capitalization has risen to a 24-month high of $161 billion in May.
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Spot Ethereum ETFs record longest outflow streak amid drying investments
Spot Ether ETFs in the US face significant outflows, unlike Bitcoin ETFs, which continue to attract investments.

Here is why strong post-Merge fundamentals could benefit Ethereum price
The shift of the Ethereum (ETH) blockchain to a proof-of-stake (PoS) protocol opened new opportunities for developers and investors to explore, including the burning of Ether. Now, Ethereum PoS transactions are validated through staking rather than mining. Staking impacts the supply and price dynamics of Ether in ways that are different from mining. Staking is expected…

Elon Musk’s sale of X to xAI just made fraud lawsuit a ‘lot spicer’
Billionaire investor Elon Musk said that the futures of his AI startup xAI and social media platform X are “intertwined” after announcing the sale of X to xAI. Billionaire investor Elon Musk has sold his social media platform X to his AI startup xAI, sparking controversy as it coincides with a US judge rejecting his

6 Questions for Han Kao of Sanctor Capital
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Han Kao, founder of thesis-driven investment fund Sanctor Capital and co-founder of crypto research company Crypto Briefing.Han grew up…

Long Blockchain Corp has officially been delisted by SEC
The beverage maker turned Bitcoin mining company has failed to file its financial reports with the SEC. 3568 Total views 13 Total shares Shares of Long Bitcoin Corp (LBCC), a beverage turned cryptocurrency mining company, have been officially delisted by the United States Securities and Exchange Commission, or SEC. The company was ordered to delist its…

Bitcoin will eat gold’s market share, according to JPMorgan
The investment bank says gold could languish for years as Bitcoin’s popularity grows. 1378 Total views 7 Total shares Growing mainstream acceptance of Bitcoin (BTC) as a reserve asset is having a direct impact on gold, setting the stage for a major shift in institutional allocation between the two assets, according to analysts at JPMorgan…

Vega Launches Market Maker Program Before Public Testnet
Vega, a DeFi protocol for creating decentralized derivatives markets, has launched a program providing early platform access to liquidity providers. 165 Total views 26 Total shares Decentralized finance (DeFi) protocol Vega has launched a program to grant market makers early-access to the platform ahead of its public test-net launch.Vega comprises a Proof-of-Stake protocol that facilitates…

CME Group Bitcoin Futures Hit $1.3 Billion Amid Parabolic Advance
CME Group reported record volume for its bitcoin (BTC) futures on May 13 as the cryptocurrency’s surprise bull market continued.CME, which together with the Chicago Board Options Exchange (CBOE) became the first provider of bitcoin futures to the market in December 2017, saw an all-time record of 33,700 contracts on Monday.That figure represented an equivalent…