Traders are increasingly pivoting to quick, short-term profit-taking strategies, in response to US President Donald Trump’s trade tariffs, rather than letting their positions run, according to Arrash Yasavolian, CEO and founder of the Bittensor-based Taoshi AI-enhanced trading platform. In an interview with Cointelegraph, the CEO said the tariffs have created headline-driven volatility across financial markets that can…

Ethereum users will be warned of a new attack capable of draining their wallets, as crypto market maker Wintermute says it has created code that injects a warning into verified malicious contracts. Wintermute’s code, dubbed “CrimeEnjoyor,” prints a warning within malicious Ethereum contracts that are “designed to auto-sweep funds” from wallets with leaked private keys,…

Strategy co-founder Michael Saylor has publicly expressed interest in discussing Bitcoin on the world’s most-listened-to podcast, The Joe Rogan Experience. “Hey @joerogan, let’s talk about Bitcoin,” Saylor said in a May 31 X post in response to a Joe Rogan fan account asking, “Who’s one guest you’d love to see Joe Rogan interview that he hasn’t had on…

The International Monetary Fund (IMF) has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers amid ongoing negotiations tied to the country’s extended financial program. The initiative, announced last week, is designed to attract autonomous miners, blockchain companies, and AI firms to Pakistan. However, the IMF…

The world’s largest asset manager, BlackRock, has ended its 31-day spot Bitcoin exchange-traded fund (ETF) inflow streak with its biggest recorded outflow day since the product launched in January 2024. On May 30, BlackRock’s iShares Bitcoin Trust (IBIT) ended its significant inflow streak with its largest daily outflow of $430.8 million, according to Farside data. Before this,…

Payment giant Stripe has reportedly held early discussions with banks about potentially integrating stablecoins, signaling growing acceptance in global banking. After debuting stablecoin-based accounts in 100 countries in early May, Stripe has noticed significant interest in stablecoins — cryptocurrencies tied to fiat currencies like the US dollar — from global banks. “In the conversations we have with…

Former European Central Bank (ECB) official and Governor of the Bank of Italy, Fabio Panetta, touted the digital euro as a key tool for controlling the risks of increasing cryptocurrency adoption. The Bank of Italy, on May 30, released an annual report with the governor’s concluding remarks on the state of the economy. Panetta said the European…

The US Securities and Exchange Commission’s (SEC) new guidance on cryptocurrency staking is widely seen as a major win for the crypto industry and the push toward globally consistent digital asset regulation. In a May 29 statement, the SEC’s Division of Corporation Finance said “Protocol Staking Activities” such as cryptocurrencies staked in a proof-of-stake blockchain “don’t need to register with…

The Bank of Russia has permitted financial institutions to offer certain cryptocurrency-based financial instruments to accredited investors. Russian banks are now free to provide qualified investors with a range of crypto products, including crypto derivatives, securities and other digital financial assets tied to crypto prices, the central bank announced on May 28. A key stipulation, however, is…

US Representative French Hill has announced the introduction of the much-awaited market structure bill for digital assets. The “Digital Asset Market Clarity Act of 2025” or “CLARITY Act of 2025” comes with support from lawmakers across both sides of the aisle, including three Democratic co-sponsors. The bill covers the roles of both the United States Securities and…