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Author: James Wilson
Vietnam’s Ministry of Finance has proposed allowing small and medium-sized enterprises to use digital assets, virtual assets and intellectual property as collateral for bank loans. Summary Vietnam’s draft allows SMEs to pledge digital assets, virtual assets and IP for bank loans. SME loans reached only 20% of total credit despite firms representing 98% of businesses national. The plan pushes banks toward cash flow and credit-rating lending beyond real-estate collateral requirements alone. The proposal is part of the draft revised Law on Support for SMEs, which is open for public consultation, according to Viet Nam News. The plan would widen the…
Cardano price remains under pressure after the Cardano Foundation confirmed that its proposed Cardano Summit 2026 will not take place this year following failed treasury votes. Summary Cardano Summit 2026 was canceled after DReps rejected funding, adding fresh governance pressure around ADA. ADA traded near $0.236, below Ali’s $0.247 channel floor, keeping downside targets in focus now. RSI and MACD remain weak, while low volume shows buyers have not regained control yet. The Cardano Foundation said it would respect the outcome of the latest treasury proposal votes after the community rejected funding for the planned Cardano Summit 2026. The organization…
Canadian billionaire Frank Giustra has challenged Bitcoin’s “digital gold” label again, arguing that crypto can still be traced and seized by governments. Summary Frank Giustra said crypto can be traced and seized, weakening Bitcoin’s digital gold claim. His comments followed US claims of nearly $1 billion in Iran-linked crypto seizures. The debate comes as governments hold seized Bitcoin and increase blockchain enforcement actions. Giustra made the comments after U.S. Treasury Secretary Scott Bessent discussed the seizure of nearly $1 billion in cryptocurrency linked to Iran. The remarks renewed debate over whether Bitcoin can serve as a safe-haven asset like gold.…
Bitcoin traded near $73,700 on May 31 as traders watched whether the market could defend short-term support while analysts debated a possible rebound and a deeper cycle low later in 2026. Summary Bitcoin trades near $73.7K as traders watch $71.4K support and $78.2K resistance. A TD Sequential buy signal points to a possible rebound toward $75,000 if demand improves. Low volume, weak RSI and Iran-linked risk keep Bitcoin under short-term market pressure this week. Bitcoin price data showed BTC trading near $73,713, up 0.28% over 24 hours. The asset remained down 4.18% over seven days, while 24-hour trading volume stood…
XRP traded near $1.33 on May 31 as traders watched whether fresh exchange outflows, ETF demand and a key chart support area could help the token recover from recent weakness. Summary XRP saw 25.24 million coins leave exchanges after the year’s largest inflow signaled capitulation selling. ETF flows added $131.94 million this month, keeping institutional demand in focus despite weakness persisting. Analysts watch $1.34 support, with $1.37 and $1.40 as nearby recovery targets if buyers hold. Santiment data showed that XRP recorded its largest exchange inflow of the year on Thursday, with 22.80 million XRP moving onto trading platforms. Large…
Robert Kiyosaki has urged investors to rely on education and careful thinking as Bitcoin faces another price correction. Summary Robert Kiyosaki warned investors not to follow market hype blindly during Bitcoin’s latest correction. He said education remains the key asset, even when buying Bitcoin, gold or silver. Bitcoin’s weak chart setup keeps traders cautious as support and recovery levels remain under pressure. Robert Kiyosaki says education comes before assets The Rich Dad Poor Dad author said investors should not follow market hype without understanding what they are buying. His warning came as Bitcoin continued to trade under pressure after a…
RAIN, the token linked to Rain Protocol, has come under scrutiny after crypto traders and on-chain investigator ZachXBT raised questions about its supply structure, liquidity activity and project links. Summary FabianoSolana claimed RAIN reached a $9B FDV while 81 wallets held nearly all supply. ZachXBT said RAIN deployer-linked wallets were active in Uni V3 liquidity positions. The claims add fresh pressure to thinly traded tokens with hidden supply and insider concerns. The discussion began after FabianoSolana claimed that RAIN had become a top 15 crypto token with a fully diluted valuation near $9 billion. The account also alleged that the…
A fresh Bitcoin debate has broken out on X after Mr.Hodl linked Roger Ver’s old censorship criticism with new complaints from GrassFedBitcoin about BIP-110 discussion channels. Summary Mr.Hodl linked Roger Ver and GrassFedBitcoin as Bitcoin’s BIP-110 moderation dispute moved back online again. Adam Back rejected censorship claims, saying BIP-110 was ignored because critics already debated it extensively. The proposal seeks to restrict non-monetary Bitcoin data, but opponents warn about fork risks ahead. Mr.Hodl posted a short message placing Roger Ver and GrassFedBitcoin side by side. The post came with screenshots showing Ver’s 2019 claim that BTC had failed on censorship…
Worldcoin rallied after World Network partnered with Thirty Seconds to Mars to offer human-only ticket access for selected concerts. Summary WLD climbed after World ID partnered with Thirty Seconds to Mars for human-only ticket access. Price hit $0.3779 before cooling, leaving $0.30 to $0.32 as key support. MACD remains bullish, but RSI shows the rally has slowed after the latest rejection. Worldcoin moved higher after the Sam Altman-linked identity project gained attention for a new ticketing use case. The partnership allows verified World ID users to access special Thirty Seconds to Mars tickets. The offer gives verified fans 2-for-1 ticket…
XRP had a weak start to 2026 from a market view, but activity on the XRP Ledger rose sharply during the same period, according to Messari’s State of XRP Q1 2026 report. Summary XRP price fell 27% in Q1, but XRPL daily transactions rose 35.3% to 2.48 million. RLUSD reached $340.3 million on XRPL, making it the network’s largest stablecoin by quarter-end. XRPL’s RWA market cap jumped 124.1% QoQ to $2.25 billion, reaching a new quarterly high. XRP price fell as trading cooled Messari said XRP ended Q1 as the fourth-largest non-stablecoin crypto asset by market value, behind Bitcoin, Ethereum…