Author: John Smith

Bitcoin price remained near its all-time high after a stellar surge on May 21, with bulls largely in control as the market eyed price discovery. After hitting highs of $111,861, Bitcoin (BTC) traded to around $110,300 before rebounding higher. Despite the spike to a fresh peak, with Bitcoin outpacing the Dow Jones Industrial Average as stocks struggled, the market hasn’t witnessed a significant profit taking scenario so far. What are analysts saying about Bitcoin price? Notably, all BTC addresses flipped profitable as the cryptocurrency rallied. Yet on-chain data shows the benchmark digital asset is “still not overheated.” CryptoQuant analyst Crypto…

Electric vehicle retailer Jiuzi Holdings announced plans to acquire 1,000 Bitcoins over the next year, marking a significant pivot into digital assets. The company said it would fund the purchase through a mix of additional stock issuance and cash purchases, signaling growing corporate confidence in Bitcoin (BTC) as a long-term strategic asset, according to the company.  The board-approved acquisition plan underscores Jiuzi’s belief in the long-term potential of blockchain technology and aims to diversify the company’s asset base amid shifting market conditions.  Jiuzi Holdings Inc is a China-based enterprise focused on running retail outlets for new energy vehicles. Operating under…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Explore how Stellar price chart signals consolidation, Cronos gains traction with its U.S. trust launch, and why BlockDAG’s extended 2x offer and $0.0020 presale price make it a top choice. Investor sentiment often pivots on timing, and in crypto, timing is everything. Stellar is showing signs of tightening price action as traders wait for confirmation of its next move, while Cronos is drawing attention with its newly launched U.S.-regulated trust aimed at institutional adoption.  However, it’s BlockDAG that stands…

As the BTC price stays well above the $110,000 threshold, Matrixport reveals what makes this BTC bull rally different than the others that came before it. In a recent post, Matrixport analysts have noted the evident absence of retail investors in the latest Bitcoin (BTC) rally. Unlike previous bull markets, in which the rally was mostly fueled by retail participation, this time around the firm concludes that the retail investor’s portion in driving the rally is no longer expanding as largely as it used to. “This rally is unfolding largely without retail participation. Instead of the usual buzz and euphoria,…

Memecoins MOODENG, BUILDon and MOG are making waves again, all posting double-digit gains in the past 24 hours and showing bullish momentum. Moo Deng (MOODENG) is up 25% in the past 24 hours, currently trading at $0.30, with the trading volume surging by over 130%. The price is now testing local resistance near $0.31, with an eye on the next key resistance at $0.34 — the intraday high from the recent rally. That previous rally began from around $0.03 on May 8 and peaked at $0.34 on May 14, marking a 750% gain in less than a week. After reaching…

A Danvers resident was convicted and sentenced for running an unregistered Bitcoin transmitting business that ignored federal anti-money laundering laws. A Danvers man was sentenced on Friday to six years in prison for running an unlicensed Bitcoin (BTC) money transmitting business that authorities say converted over $1 million in cash, including money linked to scammers and a drug dealer. Trung Nguyen — also known as “DCS420” — was sentenced to six years in prison, followed by three years of supervised release, and was ordered to forfeit more than $1.5 million after being convicted in November 2024 of conducting an unlicensed…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solaxy claims Layer 2 status on Solana, but real buzz surrounds Pepeto — offering tools, cross-chain swaps, and serious utility. Already holding Solaxy? Here’s something worth thinking about. Solaxy is being called the first Layer 2 on Solana, and while that sounds exciting, it’s important to ask: does Solana really need a Layer 2?  On Ethereum, Layer 2 tech helps with speed and high fees. But Solana is already fast and cheap to use, so adding another layer doesn’t bring much change. Sure, Solaxy could…

Bitcoin price surged to a record high this week, supported by rising institutional demand and falling supply on exchanges and over-the-counter markets. Bitcoin (BTC) was trading at around $111,500 Thursday afternoon, up 4.2% over the past 24 hours. Despite Bitcoin’s strength, the rally is not lifting Strategy stock. MSTR was trading flat for the day at around $403. This performance suggests that the previously strong correlation between Bitcoin and MSTR has broken. There are two main reasons for this divergence. First, Strategy investors are increasingly concerned about ongoing dilution, as the company continues to borrow heavily to finance its Bitcoin…

Sui liquidity provider Cetus confirmed a loss of 223 million dollars due to a hack, says it’s taking steps to recover funds On Thursday, May 22, Cetus confirmed that it was a victim of a hack which accounted for $223 million in losses. The confirmation came after the Sui-based (SUI) liquidity provider paused the smart contract to prevent more losses. https://twitter.com/CetusProtocol/status/1925567348586815622 According to Cetus, the protocol was able to safeguard $162 million out of the compromised assets by halting smart contract activity. The remaining funds are being transferred across multiple Sui wallets, many of which have already been blacklisted. Cetus…

May 22, 2025, marks the 15th anniversary of a now legendary first purchase made with Bitcoin: on that day in 2010, early Bitcoin developer Laszlo Hanyecz paid 10,000 BTC to buy two pizzas. What happened to Hanyecz and Jeremy Sturdivant, who received these bitcoins, and what is the deep meaning behind the first Pizza Day? What is Bitcoin Pizza Day?  Laszlo Hanyecz is an early Bitcoin adopter, developer, and miner from Florida. He is one of the pioneers of GPU mining. On May 18, 2010, he published an unusual post on BitcoinTalk, a Bitcoin forum created by Satoshi Nakamoto. In…