Author: James Wilson

Tokenization protocol Midas has launched a tokenized U.S. Treasury bill on the Algorand blockchain, offering European investors retail access to yield-bearing government bonds with no minimum investment. According to a May 29 announcement from the German-origin firm, mTBILLs, which represents a tokenized certificate referencing short-term U.S. Treasury exchange-traded funds, was now live on the Algorand blockchain. mTBILL is now natively issued on @Algorand.Algorand is an energy-efficient, quantum-secure, single-layer blockchain with instant finality, consistently high throughput, and low fees. pic.twitter.com/5uxT33gEmF— Midas (@MidasRWA) May 29, 2025 Midas says the offering provides an alternative to institutional-grade tokenized money market products, such as BlackRock’s…

The U.S. Securities and Exchange Commission has formally dropped its lawsuit against Binance and co-founder Changpeng Zhao. A joint motion to dismiss the case was filed in federal court in Washington, D.C., on May 29. In its initial complaint, filed in June 2023, the SEC claimed that Binance had diverted customer assets, inflated trading volumes, and granted U.S. investors access to its unregistered international platform. In addition, it accused Binance of illegally listing tokens such as Solana (SOL) and Cardano (ADA), which the agency classified as securities. The complaint was amended in October 2024 to include additional details. The agency’s latest…

China’s Webus International revealed plans to raise up to $300 million through non-equity financing to create a strategic XRP reserve supporting its cross-border payments infrastructure. In a May 29 press release, The Nasdaq-listed AI-powered mobility company said the initiative is part of its plan to transform its premium chauffeur service into a seamless, borderless experience for international travelers. The firm intends to avoid shareholder dilution by sourcing the funds from commercial bank loans, shareholder guarantees, institutional credit lines, and existing cash. Chief executive officer Nan Zheng said the XRP (XRP) reserve is one of three initiatives funded by the raise.…

Pi Network is trading at $0.6894 at the time of writing, marking a 6% daily loss and a 15% slide over the past 7 days. After reaching a peak of almost $3 in February, Pi Coin (PI) has now dropped more than 75%  and is struggling to maintain any lasting momentum. May began on a promising note for Pi holders. The price surged almost 200% in a matter of days, reaching a local high of $1.67.  But what followed was a steep and steady decline that erased most of those gains. As traders weigh in on their next move, PI…

U.S. stocks rose Thursday, with the S&P 500 up 0.4%, after Nvidia’s strong first-quarter earnings lifted sentiment.  However, gains were tempered by renewed uncertainty over President Donald Trump’s tariff policy following conflicting court decisions. The tech-heavy Nasdaq Composite also climbed 0.39%, while the Dow Jones Industrial Average added 127 points, or 0.3%, despite a 3.4% drop in Salesforce after weak earnings. Earlier in the session, all three indexes had traded significantly higher before retreating on fresh trade developments. A federal appeals court reinstated Trump’s tariffs on the European Union just hours after the U.S. Court of International Trade ruled them…

Cantor Fitzgerald Asset Management is preparing to launch a new fund that combines Bitcoin exposure with downside protection tied to the price of gold. The Cantor Fitzgerald Gold Protected Bitcoin Fund, L.P. will be the firm’s first investment product focused on Bitcoin (BTC), the company said. Structured as a five-year vehicle, the fund is designed to offer investors full upside participation in Bitcoin while providing 1-to-1 protection against losses, based on the price of gold. Hedge strategy linking different asset The hybrid approach aims to address investor concerns about Bitcoin’s volatility. By linking downside protection to the price of gold,…

Bitcoin slipped under key support at $108,000, gathering liquidity below the $107,000 level on Thursday. The largest cryptocurrency’s holders appear unimpressed by promises from regulators and bullish commentary from U.S. Vice President JD Vance and Senator Cynthia Lummis. BTC could sweep liquidity under the $100,000 milestone this week or over the weekend, analysts warn. Bitcoin bulls are slowing down, what’s next  Bitcoin’s (BTC) maximalists and permabulls are showing signs of slowing down, with Strategy’s purchases declining in volume. Between May 19 and May 25, Strategy acquired 4,020 BTC at $40.61 billion, using proceeds from “Common ATM, STRK ATM and STRF…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum eyes $4k as the Pectra upgrade looms. Pepeto offers new tools to smooth network congestion. Ethereum is building up energy for a big move. The price has been moving sideways near a strong resistance level and traders are watching closely.  Price action analysts say Ethereum is forming a pattern that often leads to a breakout. If support around $3,600 holds, ETH could push above $3,900 and aim for $4,000 or more. The rise in open interest in the…

Injective, the interoperable layer-1 blockchain for web3 finance, has announced the launch of tokenized versions of the Euro and the Sterling on-chain. The launch of forex trading on Injective (INJ), with EUR and GBP markets follows the blockchain platform’s unveiling of  iAsset framework, designed to bring traditional finance and real-world assets such as stocks, commodities and now foreign exchange on-chain. On-chain finance and tokenization helps address the limitations and barriers to accessibility that currently affect traditional forex markets, Injective said in a blog post. Injective has already brought major stocks such as Nvidia and Tesla onto the blockchain via its…

What is a Bitcoin ATM? Bitcoin ATM is a kiosk, which helps you buy or sell Bitcoins using an automated teller machine. Many of these ATMs also support other Cryptocurrencies such as DASH, Ethereum, etc. So we will call use Bitcoin ATM and Crypto ATM intermittently throughout the article. We have also written a guide for you to learn how to use a Bitcoin ATM. History of Bitcoin ATMs The first Bitcoin ATM installed in Waves Coffee House in Vancouver, Canada, in 2013 by a Robocoin company. This machine only supported Bitcoin at the time, and you need to provide your identity…