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Carmaker DeLorean tokenizes EV reservations on Sui


DeLorean launched an onchain reservation system and non-fungible token (NFT) marketplace for its upcoming electric vehicle launch, introducing a new blockchain-based approach for reserving and reselling cars.According to DeLorean, its Build Slot NFT collection grants holders priority access...

Justin Sun to attend Trump's dinner with memecoin backers


After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US president.In a May 19 X post, Sun said...

Ethereum price gained 90% the last time this indicator turned bullish


Key Takeaways:Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600.If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur.Ether (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with...

Bancor files patent infringement lawsuit against Uniswap over DEX tech


Bancor, the creator of a smart contract-based automated market maker, is suing Uniswap for patent infringement, alleging the decentralized finance exchange has used its technology without permission and profited significantly from it.According to the May 20 announcement of the lawsuit, Bancor...

Validation Cloud deploys Web3 AI engine on Hedera


Artificial intelligence platform Validation Cloud has launched a new large language model on the Hedera network, potentially giving decentralized finance users the ability to reach blockchain data in a more accessible way.The Mavrik-1 AI engine has been deployed on Hedera, with several other...

Argentina's Milei shuts down task force investigating LIBRA scandal


Argentine President Javier Milei has dissolved a task force established to investigate the fallout from LIBRA, the scandalous cryptocurrency project the head of state promoted on his social media channel before it crashed to zero. The Investigative Task Force (ITU) was dissolved via a May...

Bitcoin futures data aligns with BTC traders’ hope for new all-time highs


Key takeaways:Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations.Weak stablecoin demand in China and the limited use of futures leverage suggest Bitcoin’s current rally is sustainable.Bitcoin (BTC) price...

How to read a Bitcoin liquidation map (without getting liquidated)


Understanding a Bitcoin liquidation map is imperative in dealing with the inherent volatility of the crypto market. The visual tool showcases probable liquidation levels, indicating where large orders may cause cascading price changes. This post explores how to interpret a Bitcoin liquidation...

Strategy adds 7,390 BTC for $765M, gets hit with class-action lawsuit


Strategy, formerly MicroStrategy, the top corporate Bitcoin holder, acquired nearly $765 million of Bitcoin last week. The purchase came as the company faced a class-action lawsuit.According to a May 19 announcement, Strategy acquired 7,390 BTC for about $764.9 million at an average price just...

XRP price risks falling to $2 after classic bearish chart pattern confirms


Key takeaways:XRP could be headed down to $2 following a breakdown of a classic head-and-shoulders pattern.Declining open interest in XRP futures signals weakening trader confidence.The XRP (XRP) price is flashing warning signs as a bearish technical pattern resolves on lower timeframes, coinciding...

Australian court ruling could lead to $640M in Bitcoin tax refunds


A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. On May 19, the Australian Financial Review (AFR) reported that...

US crypto funds top $7.5B inflows in 2025 as investor appetite grows


Crypto investment products in the United States have attracted over $7.5 billion worth of investment in 2025, with a fifth week of net positive inflows last week signaling growing investor demand for digital assets.US-based crypto investment products attracted $785 million worth of investment last...

Revolut eyes French license and $1.1B expansion amid EU growth


Revolut, a European neobank with crypto support, plans to invest more than 1 billion euro ($1.1 billion) in France and apply for a local banking license.According to a May 19 Fortune report, Revolut representatives announced the initiative during the Choose France business summit hosted...

Dubai regulator sets compliance deadline for updated crypto rules


Dubai’s crypto regulator has given licensed digital asset companies until June 19 to comply with its updated activity-based Rulebooks to enhance market integrity and risk oversight. On May 19, Dubai’s Virtual Assets Regulatory Authority (VARA) announced that it had released Version...

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