News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
In Brief HYPE surged over 15%, surpassing SUI and entering the top 11 cryptocurrencies. Technical indicators support potential new highs after consolidation. Increased whale activity and social media buzz boost community confidence.
In Brief Rekt Fencer identifies promising altcoins in a potential market rally. Stablecoin growth and Bitcoin's market shift hint at capital movement. GRASS, PENDLE, ONDO, ENA, and SEI show strong future potential.
Share link:In this post: Trump Media raised $2.5 billion to build a Bitcoin treasury through private deals with 50 investors. The money came from $1.5B in stock and $1B in convertible notes with a 35% premium. CEO Devin Nunes said Bitcoin will protect the company from financial discrimination and support future products.
- 22:24Florida Signs Bill Recognizing Gold and Silver as Legal TenderAccording to a report by Jinse Finance, on Tuesday local time, Florida Governor Ron DeSantis signed legislation recognizing gold and silver as legal tender in the state, stating that this move is to protect Floridians from the devaluation of the dollar. This legislation establishes a legal framework that recognizes certain gold and silver coins as legal tender in Florida, exempts them from sales tax, regulates their custodians, and allows the use of gold and silver coins in transactions (subject to legislative approval for implementation rules). DeSantis said the bill authorizes payment institutions like check cashing or PayPal to accept payments in gold and silver. DeSantis noted, "This means these precious metals can once again start functioning like real currency, not just as investment tools for the wealthy." DeSantis also criticized the spending behavior of the U.S. federal government, likening the plight of "DOGE and Musk" to "fighting the swamp." DeSantis stated, "It's the end of May, and Congress hasn't implemented a single penny of DOGE (budget) cuts! DOGE is fighting the swamp, and so far, the swamp is winning."
- 22:23U.S. State Department: Trump's Latest Statement on Russia Should Not Be Seen as a Sign of DisappointmentU.S. State Department: Trump's latest statement on Russia should not be seen as a sign of disappointment.
- 22:18The probability of the Federal Reserve keeping rates unchanged in June is 97.8%According to a report by Jinse Finance, based on CME's "FedWatch": The probability of the Federal Reserve maintaining rates unchanged in June is 97.8%, and the probability of a 25 basis point rate cut is 2.2%. The probability of the Federal Reserve maintaining rates unchanged in July is 76.6%, with a cumulative probability of a 25 basis point rate cut at 22.9%, and a cumulative probability of a 50 basis point rate cut at 0.5%.