Trump’s Memecoin Dinner Questioned by Top Democrat on House Judiciary Committee

A senior Democrat in the House of Representatives, Jamie Raskin, joined his name to lawmakers seeking answers about President Donald Trump’s recent dinner for top investors in his memecoin, sending questions directly to Trump. Raskin, the ranking Democrat on the House Judiciary Committee, has been a vocal critic of the president and becomes the latest…

ETH, SOL ‘very rare’ staking ETFs may launch imminently — Analysts

The first Ethereum and Solana staking ETFs could debut in the United States within weeks, following a recent filing by ETF provider REX Shares that used “regulatory workarounds,” ETF analysts say. The staking component has been highly anticipated for spot Ether (ETH) ETFs since their launch in July 2024, with some industry executives arguing the…

Supreme Court asked to Reject Coinbase User’s Crypto Case

The US government has urged the Supreme Court not to take up a Coinbase user’s challenge against the Internal Revenue Service’s (IRS) effort to obtain his crypto transaction records. In a filing dated May 30, Solicitor General D. John Sauer argued that Coinbase user James Harper has no Fourth Amendment right to shield his financial…

FTX Bankruptcy Estate distributes $5 billion

The FTX Recovery Trust has initiated a second round of payments to its creditors. On May 30, the Trust started a $5 billion payout to eligible creditors in the Convenience and Non-Convenience Classes who have completed the pre-distribution requirements. According to a May 28 announcement, the creditors’ distribution will include Dotcom Customer Entitlement Claims, which…

Bitcoin’s drop below $104K caps the start of altcoin season

Key points: Bitcoin’s bullish momentum has weakened, raising the chance of a correction to $100,000. Altcoins are likely to follow Bitcoin price and consolidate near their most immediate support levels. Bitcoin’s (BTC) failure to rise above $109,588 may have tempted short-term buyers to book profits. That has pulled the price under $104,000 on May 30….

ow crypto op-eds influence Web3 media, policy and perception

As the crypto industry matures and public perception becomes more critical to adoption and regulation, opinion pieces, often dismissed as hot takes, are emerging as powerful tools in shaping the Web3 narrative. In the latest episode of Decentralize with Cointelegraph, we sit down with three insider voices to explore the evolving role of opinion in…

How low can the Bitcoin price go?

Bitcoin (BTC) has dropped 10% from all-time highs in a week as new support zones appear — where might BTC price action head next? Crypto traders and analysts weigh in on their market expectations as bulls fight for $105,000 to end the Wall Street trading week. Trader: Bitcoin bull market “likely” near its end Bitcoin…

AVAX Chutes 7% Before Establishing Strong Resistance at $22.35 level

The cryptocurrency market is experiencing significant downward pressure as global economic uncertainties impact digital assets across the board. Avalanche (AVAX) has been particularly affected, with increased selling occurring at high volume, establishing strong resistance at the $22.35 level. New Jersey’s Bergen County announced on Wednesday that it plans to digitize all property deeds on the…

Stripe holds early talks with banks on stablecoin use

Payment giant Stripe has reportedly held early discussions with banks about potentially integrating stablecoins, signaling growing acceptance in global banking. After debuting stablecoin-based accounts in 100 countries in early May, Stripe has noticed significant interest in stablecoins — cryptocurrencies tied to fiat currencies like the US dollar — from global banks. “In the conversations we…

Digital euro key to control crypto, ex-ECB official says

Former European Central Bank (ECB) official and Governor of the Bank of Italy, Fabio Panetta, touted the digital euro as a key tool for controlling the risks of increasing cryptocurrency adoption. The Bank of Italy, on May 30, released an annual report with the governor’s concluding remarks on the state of the economy. Panetta said the European…