“`html The compilation of the primary holders of US President Donald Trump’s memecoin has been completed prior to background verifications for those wishing to apply for a dinner and “VIP tour” with the president on May 22.In a May 12 X post, the TRUMP memecoin initiative stated it would cease considering further acquisitions for a dinner with the president, mentioning that the leading tokenholders had been informed to undergo background checks if they desired to participate.As per statistics provided on the initiative’s leaderboard, the leading 220 wallets possessed over 13.7 million tokens as of May 12, valued at approximately $174…
Autore: wsjcrypto
“`html Justifications for Trust Rigorous editorial standards centered on precision, relevance, and neutrality Developed by field specialists and thoroughly vetted The utmost standards in journalism and publication Rigorous editorial standards centered on precision, relevance, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum has returned above the $2,500 threshold following a substantial increase that transformed market sentiment almost instantly. After several months marked by heavy selling pressure starting in late December 2024, ETH struggled to gain momentum for most of the first…
By Revin Mikhael D. Ochave, Journalist MARKETS are anticipated to react positively to generally tranquil midterm elections on May 12, with Philippine President Ferdinand R. Marcos, Jr’s economic strategies seemingly poised for enhancement from allies in the new Congress, analysts mentioned. “The Philippine Stock Exchange Index (PSEi) will strive to reach and surpass the formidable 6,500 barrier if elections are peaceful,” Cristina S. Ulang, research head at First Metro Investment Corp., stated in a Viber message. “If nationwide tranquility prevails, the market will applaud the Philippine election’s transparency and resolution, marking a progressive step toward a new era in political…
“`html Hundreds of billions of dollars in international cryptocurrency transactions circulate globally, primarily propelled by speculative investments, as detailed in a recent report by the Bank for International Settlements (BIS).The BIS analysis, released on May 8, revealed that cross-border transactions involving the two largest cryptocurrencies, Bitcoin (BTC) and Ether (ETH), along with the two major stablecoins, USDt (USDT) and USDC (USDC), combined to approximately $600 billion in the second quarter of 2024, the last observation period covered by the analysis.“Our research underscores speculative drivers and global funding conditions as significant influences on native crypto asset movements,” the BIS stated.Cross-border crypto…
The cryptocurrency custody enterprise BitGo, backed by Goldman Sachs, is the newest digital currency firm to receive regulatory clearance for operations throughout the European Union.Germany’s financial authority, the Federal Financial Supervisory Authority (BaFin), issued BitGo Europe a Markets in Crypto-Assets Regulation (MiCA) license enabling the provision of digital asset services within the EU, as the firm declared on May 12.The license permits BitGo to deliver services to cryptocurrency-centric companies and traditional financial institutions, such as banks and asset managers across the EU.Source: BitGo”This license highlights our dedication to the utmost standards of security, transparency, and trust,” asserted BitGo Europe managing…
“`html Hut 8 Corp. (Nasdaq | TSX: HUT) declared a net deficit of $134.3 million for Q1 2025, indicating a challenging beginning to the year as the organization implements an ambitious approach aimed at transforming into a fully integrated energy infrastructure platform. Quarterly earnings totaled $21.8 million, a decrease from $51.7 million year-over-year, while Adjusted EBITDA was noted at ($117.7) million. Today we disclosed our results for Q1 2025, a time of intentional investment aimed at unlocking the potential of our development flywheel.Highlights– Deployed our enhanced ASIC fleet to conclude the quarter with 9.3 EH/s at nearly 20 J/TH– Unveiled…
“`html By Aubrey Rose A. Inosante, Reporter ATTAINING ABOVE-6% gross domestic product (GDP) growth for the remaining part of the year to fulfill the government’s objective may be “difficult” due to the ambiguous global trade scenario stemming from the Trump administration’s changing tariff strategies, analysts indicated. “Achieving a 6.2% growth rate for the rest of the year will undoubtedly be difficult, yet it is still feasible,” Ateneo School of Government Dean and Economics Professor Philip Arnold P. Tuaño mentioned in an e-mail over the weekend. “Some of the downside risks for the Philippine economy persist, including the elevated levels of…
“`html Reliable Editorial material, evaluated by top industry professionals and experienced editors. Advertisement Disclosure Former UFC champion Conor McGregor has advocated for Ireland to establish a national Bitcoin reserve. He urged on May 9, 2025, via a message on X, asserting that doing so would restore “authority back to the people’s currency.” He’s vying for the presidency as an independent candidate and aims to shift focus toward cryptocurrency policy. McGregor’s Bitcoin Initiative In his blog entry, Ireland should possess a Bitcoin reserve within a strategic stockpile. He did not clarify the origin of the funding or the total expenses involved.…
“`html The White House proclaimed that discussions between the United States and China concerning a trade agreement have achieved “significant advancement,” however, no formal deal has been disclosed at this moment, causing uncertainty among investors.Per a May 11 statement from the White House, additional information regarding the trade negotiations and the proposed “accord” will be unveiled on May 12.“I am pleased to report that we have made significant advancement between the United States and China in these crucial trade negotiations,” Treasury Secretary Scott Bessent stated in a collective announcement with US trade representative Jamieson Greer.US Treasury Secretary Scott Bessent informs…
“`html Reasons to place confidence Rigorous editorial standards emphasizing precision, significance, and neutrality Developed by sector specialists and thoroughly vetted The utmost criteria in journalism and publishing Rigorous editorial standards emphasizing precision, significance, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP is capturing attention once more following a remarkable exhibition of strength in recent days, recovering from lows of $2.08 earlier this week to regain $2.4 at the present written time. This upward trend, now exceeding 15% increases from its test…