In case you missed something over the weekend:
🌞 News 🌞
16-19 May, 2025
➡️ Bitcoin records its highest weekly close ever, nearing the all-time high of $106,500.
➡️ Ethereum accumulation accelerates as smart money scoops up 450K ETH; bullish momentum continues.
➡️ Binance and Kraken thwart social engineering attacks similar to Coinbase’s recent breach.
➡️ Telegram CEO Pavel Durov alleges election interference attempt in Romania, boosting TON price.
➡️ On-chain data reveals which Bitcoin mining firms are trading at premiums or discounts.
➡️ Saudi Arabia’s Central Bank secures $60B Bitcoin exposure through Strategy stake.
➡️ XRP builds momentum at $2.38 as traders eye resistance amid SEC case delay.
➡️ Ethereum eyes a $2,850 breakout but faces resistance; ETH/BTC ratio may rally 38%.
➡️ World Liberty’s stablecoin launches cross-chain via Chainlink’s interoperability protocol.
➡️ FTX to distribute $5 billion in bankruptcy repayments to creditors on 30 May.
➡️ Filecoin and Lockheed Martin transmit space data using decentralised protocols.
➡️ CFTC’s Christy Goldsmith Romero announces departure at month-end.
➡️ Abu Dhabi raises exposure to crypto via $408M investment in BlackRock’s IBIT ETF.
➡️ Australia seizes mansion, Mercedes, and nearly 25 BTC tied to crypto crime investigation.
➡️ Vitalik Buterin proposes a node upgrade to improve Ethereum accessibility.
➡️ Mossel Bay and Witsand emerge as new hubs for Bitcoin adoption in South Africa.
➡️ VARA (Dubai’s crypto regulator) updates Rulebooks with a compliance deadline of 19 June.
➡️ Crypto drainers evolve into “drainer-as-a-service” (DaaS) platforms, raising security concerns.
➡️ Cardano is dumping as investors rotate into Unilabs’ presale.
➡️ Shiba Inu falters while Ozak AI’s presale gathers momentum.
