Ecosystem Activity Surges Amid Market Optimism

BNB’s impressive 24-hour rally showcases the growing strength of the Binance ecosystem amid broader crypto market optimism. The token’s upward momentum coincides with Bitcoin’s approach toward new all-time highs and increased activity across the BNB Chain, which recently recorded over 8 million daily transactions and 2 million active wallet addresses. Technical indicators remain bullish for…

Crypto travelers bring 3x greater lifetime value than fiat users

Travelers using cryptocurrency for booking arrangements spend more than twice as much as regular travelers using fiat money, according to a joint report from Binance Pay and crypto travel platform Travala shared with Cointelegraph. Crypto-based bookings on Travala reached $80 million in 2024, up from $45 million the year before. Crypto travelers are also outspending…

Bitcoin ‘looks exhausted’ as next bear market yields $69K target

Key points: Bitcoin all-time highs matter little to those seeing a BTC price correction as long overdue. Both the latest surge and the bull market itself are on borrowed time, traders say. Comparisons to previous price cycles remain in use despite the booming institutional investment scene. Bitcoin (BTC) traders are calling for a pullback after…

Coinbase hacker trolls ZachXBT onchain after $42.5M THORChain swap

The hacker behind the data breach targeting Coinbase users mocked blockchain investigator ZachXBT with an onchain message following a major crypto swap. On May 21, the hacker used Ethereum transaction input data to write “L bozo,” followed by a meme video of NBA player James Worthy smoking a cigar. The message came after the attacker…

VanEck to launch Avalanche ecosystem fund

VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph. The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial…

Pakistan creates Digital Asset Authority to regulate crypto

Pakistan’s Ministry of Finance has reportedly endorsed the creation of a dedicated body to regulate blockchain-based financial infrastructure in the country. The Pakistan Digital Assets Authority (PDAA) will serve as a regulatory body to oversee licensing, regulate exchanges, custodians, wallets, tokenized platforms, stablecoins and decentralized finance applications, according to a May 21 report from the…

Bitcoin price hit a new all-time high and data shows BTC bulls aren’t done yet

Key takeaways: Bitcoin’s $109,458 all-time high aligns with seven consecutive green weekly candles since April, highlighting the strength of the current bullish momentum. Analysts expect BTC to reach between $135,000 to $320,000 in 2025. BTC heatmaps show high-leverage zones that may trigger liquidations. Thus, risk management remains crucial. Bitcoin (BTC) hit a new all-time high…

VanEck to launch Avalanche ecosystem fund

VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph. The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial…

Bitcoin price hit a new all-time high and data shows BTC bulls aren’t done yet

Key takeaways: Bitcoin’s $109,458 all-time high aligns with seven consecutive green weekly candles since April, highlighting the strength of the current bullish momentum. Analysts expect BTC to reach between $135,000 to $320,000 in 2025. BTC heatmaps show high-leverage zones that may trigger liquidations. Thus, risk management remains crucial. Bitcoin (BTC) hit a new all-time high…

VanEck to launch Avalanche ecosystem fund

VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph. The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial…