CME Group set to launch XRP futures on Monday amid legal setback for SEC and Ripple

Key Takeaways CME Group will offer XRP futures starting May 19, pending regulatory review. SEC and Ripple’s settlement request was denied, maintaining the $125 million penalty. Share this article The Chicago Mercantile Exchange (CME) Group, the world’s leading derivatives marketplace, is expected to launch XRP futures and Micro XRP futures contracts on Monday, May 19, […]

3 mins read

Man gets 14 months in jail for role in SEC’s X account hack that pumped fake Bitcoin ETF hype

Key Takeaways Eric Council Jr. was sentenced to 14 months for his role in hacking the SEC’s X account. The hack led to a false Bitcoin ETF announcement, causing market fluctuations. Share this article Eric Council Jr., who helped facilitate the unauthorized takeover of the SEC’s X account that led to a false Bitcoin ETF […]

3 mins read

Basel Medical Group to add $1B in Bitcoin to treasury amid falling share prices

Singapore-based Basel Medical Group (BMGL) announced plans to acquire $1 billion worth of Bitcoin (BTC) to strengthen its balance sheet and accelerate expansion across Asian markets. Basel also revealed that the proposed transaction is being negotiated with a consortium of institutional investors and high-net-worth individuals active in the crypto sector.  Basel CEO Darren Chhoa said […]

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Arizona governor rejects bill to establish state-run digital asset reserve over fiscal risk

Key Takeaways Two crypto bills, Senate Bill 1373 and Senate Bill 1024, are dead after the governor’s action. A budget-neutral approach in House Bill 2749 was favored by Hobbs for managing Bitcoin reserves through airdrops and staking. Share this article Arizona Governor Katie Hobbs on Monday vetoed Senate Bill 1373 (SB1373), which proposed establishing a […]

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Short squeeze propels Bitcoin past $100,000 with funding rates growing

What is CryptoSlate Alpha? CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Disclaimer: […]

1 min read

Global markets steady as US-China trade talks loom, Bitcoin hits $103k

According to a Reuters market wrap, world stocks ended the week little‑changed as investors weighed a fresh U.S.–U.K. tariff deal and this weekend’s high‑stakes meeting between Washington and Beijing trade officials. Stocks tread water on tariff suspense MSCI’s all‑country equity index inched up just 0.11% to 846.80, trimming a 0.3% weekly loss. Europe’s STOXX 600 added 0.44%, while […]

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Coinbase debuts first 24/7 Bitcoin and Ethereum futures in the US

Key Takeaways Coinbase launched 24/7 Bitcoin and Ethereum futures trading, becoming the first CFTC-regulated exchange to provide this service. The expansion includes partnerships with Nodal Clear and Virtu Financial to support continuous leveraged futures trading. Share this article Coinbase Derivatives has officially activated 24/7 trading for Bitcoin and Ethereum futures, becoming the first CFTC-regulated derivatives […]

2 mins read

Rumble non-custodial Bitcoin wallet to launch in Q3 in challenge to Coinbase

Rumble, the video-sharing platform known for backing alternative media voices, is developing a crypto wallet that could launch by the third quarter of this year. On May 9, Rumble CEO Chris Pavlovski said the wallet will serve as a non-custodial tool tailored for creators. He emphasized the company’s ambition to become a central player in […]

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Saylor urges Microsoft to ditch bonds, buy Bitcoin to avoid destroying capital

Key Takeaways Michael Saylor advises Microsoft to buy Bitcoin instead of bonds to increase shareholder value. Saylor claims Bitcoin outperformed Microsoft’s stock and suggests it as 21st-century money. Share this article Strategy Executive Chairman Michael Saylor has urged Microsoft to abandon bonds and stock buybacks in favor of adopting Bitcoin, arguing it would create more […]

3 mins read

Quiet mempool and flat volume could mean limited fuel for Bitcoin’s breakout above $100k

With Bitcoin attempting to break the crucial $95,000 to $96,000 threshold, it faces significant headwinds rooted in an increasingly dormant on-chain environment. Although the price has hovered optimistically close to the critical $100,000 barrier, stagnant blockchain activity metrics show certain vulnerabilities that could hinder further upside. According to data from Checkonchain, daily on-chain transfer volume […]

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