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Coinbase Shares Fall 9% on CME Spot Bitcoin Trading Report
Shares of Coinbase (NASDAQ:COIN) fell nearly 8% on Thursday, dropping to $202.49, following a Financial Times report that the Chicago Mercantile Exchange (NASDAQ:CME) might soon offer spot bitcoin trading amid strong interest from its clients.

Cryptocurrencies were up on the… Read full article
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Bitcoin Options Traders Expect Price Correction
Analysts suggest that Bitcoin derivatives traders are willing to pay a premium for short-term downside protection, despite a more optimistic outlook for longer-term options distributions.

CF Benchmarks’ analysis of Chicago Mercantile Exchange (CME) options on bitcoin futures reveals that investors… Read full article
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Memecoins Outpace Wider Crypto Market
The memecoin market has surged, with its market cap reaching $58 billion and posting a 10% gain in the last 24 hours, outpacing the broader cryptocurrency market, which saw a 5.5% increase over the same period.

The top five memecoins,… Read full article
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Dogecoin Co-Founder Doubts SEC Approval of Spot Ether ETF
The US Securities and Exchange Commission has yet to decide on spot Ethereum exchange-traded funds. On May 16, Billy Markus, co-founder of Dogecoin, expressed his doubts about their approval, suggesting that the SEC is “compromised” and may reject the ETFs.… Read full article
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Bitcoin Mining Costs Drop to $45K as Inefficient Miners Exit: JPMorgan
JPMorgan (NYSE:JPM) estimates that the current cost of mining Bitcoin has dropped to around $45,000, down from over $50,000. This decrease follows the quadrennial halving event last month, which cut miner rewards by 50%.

The hashrate, which measures the total… Read full article
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Mastercard Selects Five Startups for Blockchain Program
Mastercard (NYSE:MA) has announced the selection of five startups to participate in its digital assets program, which aims to foster the development of blockchain use cases.

The chosen startups will join Mastercard’s Start Path blockchain and digital assets program, focusing… Read full article
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Circle Moves Legal Home to U.S. for IPO: Bloomberg
Circle (CIRC) recently submitted court documents to transfer its legal domicile to the United States from Ireland, as reported by a spokesperson for the company.

Circle (CIRC) initiated the relocation of its legal headquarters to the United States from Ireland.… Read full article
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Surge in Bitcoin Prices Boosts Demand for Crypto Wallet Recovery Services
As bitcoin prices soar, crypto wallet recovery services are experiencing a sharp increase in demand from retail investors desperate to regain access to their accounts. Cryptocurrencies, stored on decentralized blockchain ledgers, can be accessed through software or hardware wallets, bypassing… Read full article
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Bitcoin Steady at $62K, Pepe Peaks as GameStop Rallies
Crypto markets showed minimal changes in the last 24 hours, with major cryptocurrencies like Bitcoin and Ether experiencing slight fluctuations, according to CoinGecko data. Bitcoin rose by just over 1%, while Ether dropped by 0.5%. Meanwhile, BNB from BNB Chain… Read full article
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Crypto Glossary
Escrow
Escrow is a specific type of contract, where a third party entity receives…
When Lambo
Frequently used in crypto chat groups and communities, the person who asks…
FUDster
A person/entity that is spreading FUD news. In some cases the news are real…
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