Latest Crypto News & Market Updates

Meta Stock Jumps Nearly 4% As It Launches Premium Facebook, Instagram Subscriptions

Meta is releasing premium subscriptions for Instagram, Facebook and WhatsApp, according to a Wednesday announcement, offering extra features for consumers under a subscription platform known as “Meta One.”　　AFP via Getty Images　　Key Facts　　As Meta rolls out testing for the subscriptions, users will begin to see offers for Instagram Plus and Facebook Plus, both of which cost $3.99 per month, and WhatsApp Plus, which will be $2.99 per month, according to multiple reports.　　Users paying for the premium subscriptions will have access to profile customization and story insights, TechCrunch reported, with Naomi Gleit, Metas head of product, saying in a video more features will eventually be added.　　Consumers who use Metas artificial intelligence offerings will also be able to subscribe to premium plans including Meta One Plus for $7.99 per month or Meta One Premium for $19.99 per month, Bloomberg reported, offering users higher usage limits that will allow them to assign more complex tasks to their AI assistants.　　Meta Verified, which focuses on profile verification and offers protections against impersonation, will not be impacted by the new subscriptions, TechCrunch added.　　Tangent　　Meta shares surged following reports of the subscriptions, closing up 3.7% to $635.36. The tech giants stock is down 6.6% in the past month of

05-28Industry

Gold flatlines near $4,450 on US-Iran uncertainties, US PCE inflation data looms

Gold price (XAU/USD) trades on a flat note around $4,455 during the early Asian session on Thursday. The precious metal steadies as US-Iran peace negotiations face uncertainties. Traders prefer to wait on the sidelines ahead of the US Core Personal Consumption Expenditures (PCE) Price Index report, which is due later on Thursday.　　US President Donald Trump said on Wednesday that he won‘t be rushed into a deal, warning that Iran’s efforts to outlast him won‘t work because he doesn’t “care about the midterms.” Trump further stated that the Strait of Hormuz will be “open to everybody” and that the US will “watch over it,” adding that those terms are a part of negotiations with Iran.　　On Wednesday, US Secretary of State Marco Rubio said the US will give talks with Iran “every chance to succeed.” Rubio added that talks with Iran have made some progress. Trump prefers diplomacy but has other options available if that doesnt work. Uncertainty over the US-Iran peace deal and the vital Strait of Hormuz could weigh on the Gold price in the near term.　　All eyes will be on the release of the US PCE inflation data later in the day. This report might offer some clues about

05-28Industry

Miami IT Worker Arrested In $1.9 Million Bitcoin Theft From Former Boss

A Miami man faces multiple felony charges after police say he stole nearly $2 million worth of Bitcoin from a former employer — a theft that went undetected for years while the cryptocurrency sat locked in a safe.　　Nahum Reynaldo Castro, 40, was arrested Tuesday on charges of grand theft, money laundering, unlawful use of a communications device, and offenses against computer users, according to an arrest report obtained by NBC 6.　　The case stretches back to December 2017, when the victim began purchasing Bitcoin as a long-term investment. He bought a hardware wallet to store the digital currency, and turned to Castro — a trusted employee since 2013 and an IT specialist — to handle the wallets setup and security, the report said.　　By the end of January 2018, Castro had secured more than $217,000 worth of Bitcoin on behalf of his employer. The hardware wallet was then locked in a safe inside the victims home, where it remained untouched for years.　　That changed in July 2025. While in the middle of a move, the victim opened the safe and accessed the wallet — only to find it empty. The Bitcoin was gone. At the time of the discovery, the stolen holdings had

05-28Industry

USDC supply jumps $2B as Circle expands, while USDT quietly shrinks

Nium and Circle Technology Services have announced a partnership to link USDC-based settlement with local-currency payouts for institutions moving money across borders.Nium joined Circle Payments Network as a global payout partner, giving institutions access to payouts across more than 190 countries and 100 currencies.The partnership connects USDC-powered settlement with Niums last-mile delivery through local bank accounts, wallets, and cards.Circles institutional stablecoin services have expanded after Luxembourg approval, with support for USDC, USDG, and EURI.　　Nium said the deal brings it into the Circle Payments Network as a global payout partner, giving financial institutions on CPN access to Niums payout infrastructure in more than 190 countries and 100 currencies.　　Nium joins Circle payments network　　Under the partnership, Nium said that institutions using CPN can route payments via Circle‘s network into Nium’s payout system with a single integration. The company said the setup includes FX optimization and smart routing, which reduces the need for firms to manage several local payout providers across different markets.　　Circle said its network provides regulated USDC-powered settlement with compliance controls for institutional users. Nium said its role is to handle last-mile delivery in local currencies through bank accounts, wallets, and cards.　　The companies said the partnership is designed to solve a long-running

05-28Industry

Another Set of Long-Silent Bitcoin Wallets Move Millions During BTC Decline

With bitcoin down roughly 2.8% over the past seven days and the price touching a weekly low of $74,530 per coin, sleeping bitcoin wallets continue to awaken and relocate long-held funds. At block height 951160, 103.96 $BTC valued at $7.8 million at current exchange rates moved for the first time in more than 12 years.　　Key Takeaways:Bitcoin wallets from 2014 and 2017 moved 150.81 $BTC across multiple transfers on May 26.Coinbase received 53.96 $BTC from a 2014 wallet, raising potential sale speculation.Blockchair privacy scores of 45 and 55 suggest more dormant $BTC may soon awaken.　　Vintage Bitcoin Wallets Continue to Reactivate　　Earlier this week, Bitcoin.com News reported on five bitcoin wallets established in 2014 that transferred a combined 964.85 $BTC, and since that report, another, albeit smaller, wave of dormant coins has continued to reappear from long-inactive addresses. Another 2014 wallet, created on Jan. 4 of that year, transferred 103.96 $BTC on May 26 at block height 951160.　　The transfer was detected by btcparser.com, and the 103.96 $BTC, valued at $7.8 million using current exchange rates, originated from a legacy P2PKH (Pay-to-Public-Key-Hash) wallet. The wallet transferred the funds to another legacy P2PKH address, where the holdings were later divided into two separate transactions, with

05-28Exchange

Crypto-backed candidates win key Texas primary runoffs

Crypto-backed political groups supported several winning candidates in Texas primary runoffs Tuesday, highlighting the digital asset industrys growing role in US elections as Congress debates new rules for crypto markets.　　Attorney General Ken Paxton won the Republican US Senate runoff against four-term Senator John Cornyn by a wide margin, according to Texas primary runoff results, and will face Democratic state Representative James Talarico in November.　　In Houston‘s 18th Congressional District, Democrat Christian Menefee unseated fellow Democrat representative Al Green in a decisive win after Republican-led redistricting forced the two incumbents into the same district, ousting one of the state’s most senior House members.　　Democrats and Republicans Alex Mealer and Jon Bonck also secured their partys nominations in competitive Houston-area House races.　　The contests drew heavy spending from crypto-aligned political action committees (PACs) focused on a small number of high-stakes races, and come as Congress debates new rules for digital asset markets, including legislation to define crypto market structure and establish a framework for dollar‑pegged stablecoins.　　Stand With Crypto assigned Al Green an “F” rating. Source: Stand With Crypto　　Victories by candidates backed by crypto-focused PACs in a politically influential state could give the industry additional allies as those measures advance.　　Crypto money reshapes key Texas races　　Two races

05-28Exchange

Grayscale Reveals The One DAT That Could Beat MicroStrategys Bitcoin Treasury

Grayscale Research says SpaceX is on track to become the largest diversified public company holding Bitcoin ($BTC). The Elon Musk-led space firm disclosed 18,712 $BTC on its balance sheet ahead of an early June listing.　　At a current $BTC price near $75,954, the holding is worth roughly $1.42 billion. That equals about 0.1% of the $1.75 trillion market capitalization SpaceX is reportedly targeting at IPO.　　Bitcoin Price Performance. Source: BeInCryptoWhy SpaceX Stands Apart From MicroStrategy　　Grayscale separates corporate Bitcoin holders into two camps.Pure-play digital asset treasuries (DATs) like MicroStrategy hold tokens primarily as a vehicle for equity investors.　　MicroStrategys record $BTC stack now sits near 843,738 coins with limited operating revenue outside that position.SpaceX sits in the second camp alongside Teslas Bitcoin treasury, Coinbase, and Block.　　Its rockets, Starlink network, and government space contracts generate revenue independent of crypto markets. The Bitcoin reserve serves as a small hedge rather than the centerpiece of the balance sheet.　　That distinction matters for how investors model the stock. A diversified business with a small $BTC position carries different risks than a leveraged Bitcoin proxy.　　Follow us on X to get the latest news as it happens　　Grayscale Expects More Corporate Adopters　　In its report, the firm said corporate buyers often allocate to

05-28Exchange

Stablecoins just hit a record $322 billion – and the bank-run warnings are getting louder

The global stablecoin market has climbed to a record $322 billion valuation, cementing the rise of digital dollars as one of the cryptocurrency sectors most viable commercial products.　　The milestone reflects an accelerating demand for real-time settlement, borderless cross-border transfers, and reliable dollar access on blockchain rails.　　However, this expansion is also intensifying anxieties within the traditional banking sector, where these privately issued tokens are increasingly viewed as a direct threat to core deposits, payment relationships, and the legacy plumbing of global commerce.　　As a result, the friction is driving a fundamental restructuring of digital finance. As stablecoin issuers expand under newly established federal frameworks, a parallel defensive-offensive is unfolding: global banks are quietly deploying tokenized deposit systems that already route trillions of dollars annually through blockchain-based infrastructure.　　Stablecoin market moves deeper into finance　　Over the years, stablecoins have evolved from a niche crypto-trading refuge into a settlement layer that threatens to disintermediate traditional banks.　　While dollar-pegged tokens originally gained traction as a volatility hedge for digital asset traders, they are now gaining a foothold in global remittances, merchant settlements, and cross-border corporate flows.　　Despite this commercial expansion, the market remains heavily top-heavy. Tether ($USDT) and Circle ($USDC) maintain a powerful duopoly, controlling more than 80% of

05-28Exchange

Ethereum Value Debate Grows as Former ETH Supporter Questions Thesis

Ethereum　　Ethereum Value Debate Grows as Former ETH Supporter Questions ThesisXaif Crypto shared criticism that Ethereums “ultrasound money” thesis has weakened.The argument says Layer 2 networks now capture much of the activity and fee value.BankXRP questioned why Ethereum avoided the same SEC pressure that Ripple faced.　　Ethereum is facing renewed debate after Xaif Crypto shared comments from a former ETH supporter who questioned the networks current value story. The criticism focused on whether ETH still captures value directly as activity moves from the Ethereum mainnet to Layer 2 networks.　　Meanwhile, XRP-focused accounts revived old concerns over Ethereums regulatory treatment. BankXRP argued that Ripple faced heavy SEC action while Ethereum avoided similar pressure, even after its early token sale and foundation-led development history.　　ETH Thesis Faces New Questions　　Xaif Crypto‘s highlights focused on Ethereum’s changing economic model. Maxi said the earlier “ultrasound money” thesis had once made ETH easy to understand. More Ethereum use meant more fees. More fees meant more ETH burned. Lower supply then supported the tokens long-term value story.　　That model became popular after Ethereum introduced fee burning. However, the current criticism is that Ethereums scaling path has shifted much of the activity to Layer 2 networks. As a result, users transact off-chain, while

05-27Ethereum

Tom Lee is betting big on Ethereum: will the risk pay off?

Ethereum　　Tom Lee is betting big on Ethereum: will the risk pay off？　　Their strategy seems to be to accumulate ETH as much as possible, in the hope that sooner or later there will be a new bull run that will push the value of Ethereum much higher again.　　To be honest, they are not the only ones using a similar strategy, except that Bitmine is doing it by buying whale-sized quantities, while many others are doing it by buying much less.　　Will the risk pay off this bet？　　Tom Lees bet　　Since June of last year, Tom Lee has become the CEO of Bitmine.　　Bitmine has been a publicly traded company since way back in 1997, and in recent years it first turned into a Bitcoin miner, and then into one of the main Ethereum Treasury Companies. As of today, it is the largest publicly traded corporate holder of ETH.　　The strategy that Bitmine has been adopting since Tom Lee became its CEO is to accumulate millions of ETH, with the goal of owning 5% of the entire Ethereum supply.　　As of today, out of the 120 million existing ETH, Bitmine owns more than 5 million, or almost 4.5%. Their primary goal therefore is not far off.　　Their strategy

05-27Ethereum

...

308310

...

1000