Newer Bitcoin treasury companies have not yet been battle-tested in prolonged bear market conditions, the Bitcoin maximalist said.
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The SEC responded shortly after the issuers filed effective registration amendments for staked SOL and Ether exchange-traded funds.
Bitcoin traders say market cyclicality, institutional investor adoption and an incoming wave of liquidity will supercharge BTC price in 2025.
The analysis by the BitMEX security researchers revealed amateur-level operational security lapses in the Lazarus Group's hacker network.
Analysts say Ethereum’s breakout versus Bitcoin could trigger a 250x altcoin market rally, signaling the start of a 2025 altseason.
Crypto executives and investors are turning to kidnap and ransom insurance as violent attacks targeting crypto wealth continue to rise.
This month, Bitcoin hit $111,000, crypto laws in the United States blazed ahead yet again, and Coinbase joined the S&P 500.
Bitcoin needs to protect old all-time highs from December 2024 during the upcoming weekly candle close, analysis says amid warnings of a "deeper pullback."
IMF questions Pakistan’s plan to allocate 2,000 megawatts of electricity for Bitcoin mining amid energy shortages and budget talks.
US government argues Coinbase user James Harper has no right to block IRS access to his crypto records in Supreme Court filing.
BlackRock ended its spot Bitcoin ETF inflow streak with its largest outflow on record, nearly $12.7 million more than its previous biggest outflow day.
SharpLink Gaming intends to use most of the proceeds from its proposed share sell-off to purchase Ether, according to a recent SEC filing.
REX Shares took a “regulatory end-around” with its Ethereum and Solana staking ETF filings, and the launch looks “imminent,” an ETF analyst says.
Mayor Eric Adams’s push for a Bitcoin-backed municipal bond faces strong opposition from Comptroller Brad Lander, who found the plan "legally dubious and fiscally irresponsible."
Key takeaways:
97% of ETH put options will expire worthless if ETH holds above $2,600.
A bullish ETH price outcome could be limited by macroeconomic factors and trading strategies that cap Ether gains.
On May 30, $2.4 billion in Ether (ETH) options will expire—an event that could support ETH’s attempt to break above the $2,700 mark for the first time in over three months. Despite the recent gains, Ether is down 21% in 2025, while the broader cryptocurrency market has seen a 5% increase.
Ether bulls are motivated to keep ETH above $2,600 ahead of the monthly expiry. However, weak network activity on Ethereum suggests that the upside potential may be limited.
The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans.
On May 28, the Labor Department revoked a 2022 guidance that had urged fiduciaries to be “extremely cautious” when considering cryptocurrency for 401(k) retirement plans. The move could give asset managers more flexibility to include digital assets in retirement investment options.
The government agency removed the guidance asserting that it represented a departure from the department’s “historically neutral, principled-based approach to fiduciary investment decisions.”
“We’re rolling back this overreach and making it clear that investment decisions should be made by fiduciaries, not D.C. bureaucrats,” said US Secretary of Labor Lori Chavez-DeRemer.
The Labor Department under Biden criticized the practice of marketing cryptocurrencies to 401(k) participants. At the time, the agency claimed cryptocurrencies posed “significant risks and challenges” to participants’ retirement accounts due to their “speculative and volatile” nature and “valuation concerns,” among other reasons.
Key takeaways:
Bitcoin researcher Sminston With says BTC could gain 100% to 200%, with a cycle peak between $220,000 to $330,000.
Bitcoin continues to exhibit strong cyclical volatility, contradicting the belief that its price swings are softening over time.
Over $4 billion in BTC has been moved by long-term holders, warning of a price correction.
Analysis from Bitcoin (BTC) researcher Sminston With implied that a BTC price peak is still 100% to 200% away from current prices. In a recent X post, With shared a Bitcoin price chart using a 365-day simple moving average (SMA) aligned with a power law model (R²=0.96).
Bilal Bin Saqib, head of Pakistan’s crypto council, announced on May 28 that the country is moving to establish a strategic Bitcoin reserve.
Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Saqib said the government of Pakistan followed the United States’ lead in establishing a Bitcoin strategic reserve and is embracing pro-crypto regulatory policies. The government official told the audience:
"Today is a very historic day. Today, I announce the Pakistani government is setting up its own government-led Bitcoin Strategic Reserve, and we want to thank the United States of America again because we were inspired by them."The announcement represents a significant departure from the government of Pakistan’s previous stance on cryptocurrencies, holding that crypto would never be legal in the country.
Pakistan’s shift reflects the broader trend of nation-states adopting pro-crypto policies following the regulatory shift in Washington, DC under the President Donald Trump administration.
Bilal Bin Saqib at the Bitcoin 2025 conference announcing a Bitcoin strategic reserve. Source: CointelegraphRelated: Pakistan appoints special assistant to PM on blockchain and crypto
Shares of video game and collectibles retailer GameStop dropped nearly 11% on May 28 after the company announced its first Bitcoin purchase, triggering a classic sell-the-news reaction.
The stock closed at $31.21 on the New York Stock Exchange, according to Google Finance.
The company announced the purchase of 4,710 Bitcoin (BTC) valued at roughly $513 million on May 28. GameStop confirmed plans to create a BTC treasury strategy on March 26, following months of investor speculation and rumors that it would begin accumulating the cryptocurrency.
Trump Media and Technology Group (TMTG), the parent company of President Donald Trump’s Truth Social platform, also saw its shares plunge after announcing a $2.5 billion capital raise to purchase Bitcoin. Since the May 27 announcement, TMTG stock has dropped over 24%.
GameStop’s stock has experienced a pullback following the company’s first Bitcoin purchase. Source: TradingViewGameStop’s move to adopt Bitcoin as a treasury reserve asset reflects a growing trend among companies turning to Bitcoin to safeguard cash reserves or reposition themselves as Bitcoin acquisition vehicles.
