May 2025

Crypto mining stocks plunge as Fed warns of ‘difficult tradeoffs’ 2025-05-29 at 07:01 By Cointelegraph by Ciaran Lyons US crypto mining stocks tumbled at the close of May 28 trading after minutes published by the Federal Reserve signaled its growing uncertainty about the country’s economic outlook. The crypto market remained unscathed, despite the stock drops

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New Jersey county to tokenize $240B property deeds 2025-05-29 at 06:01 By Cointelegraph by Brayden Lindrea A New Jersey county is set to tokenize $240 billion worth of property deeds after signing a deal with the blockchain-backed land record management firm Balcony. Balcony said on May 28 that it signed a five-year deal with the

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Trump tariffs ruled illegal within minutes of Musk announcing end of government role 2025-05-29 at 05:34 By Simon Sharwood Hardware biz gets a reprieve but administration’s plans are unchanged The USA’s Court of International Trade has ruled the Trump administration improperly implemented its “Liberation Day” tariff policy, effectively blocking the imposition of the duties.… This

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Nvidia posts mixed Q1, predicts $8B hit with US chip curbs 2025-05-29 at 05:04 By Cointelegraph by Stephen Katte Chip-making giant Nvidia has posted mixed results in its first quarter earnings, beating Wall Street expectations on revenue but missing predictions on its income amid US restrictions on its exports to China.  In earnings released May

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US court freezes $57M USDC allegedly linked to LIBRA scandal 2025-05-29 at 04:08 By Cointelegraph by Brayden Lindrea A US federal court has frozen around $57.65 million worth of the stablecoin USDC in a class action case over the controversial Libra memecoin. Onchain data shared with Cointelegraph by the class group’s lawyer, Max Burwick, shows

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Trump trade policy to cost Nvidia $10.5B in lost H20 GPU revenues 2025-05-29 at 03:52 By Tobias Mann But don’t worry, sales are still up 69 percent US export controls blocking the sale of Nvidia’s H20 GPUs to will cost the company $10.5 billion in lost revenues in the first half of the 2026 fiscal

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Victoria’s Secret website laid bare for three days after ‘security incident’ 2025-05-29 at 03:52 By Iain Thomson Knickers outlet knackered Underwear retailer Victoria’s Secret’s website has been down for three days, with the company blaming an unspecified security problem.… This article is an excerpt from The Register View Original Source React to this headline:

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Solana chart hints at 180% rally to $300 if key technical trend holds 2025-05-29 at 03:03 By Cointelegraph by Biraajmaan Tamuly Key takeaways: Historical chart patterns and the Fibonacci Retracement metric hint at a Solana price rally to $300. Solana’s $7.5 billion in futures open interest and negative funding rates could be a sign that

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Ethereum bulls aim for $2.7K ahead of ETH’s $2.4B options expiry 2025-05-29 at 02:03 By Cointelegraph by Marcel Pechman Key takeaways: 97% of ETH put options will expire worthless if ETH holds above $2,600. A bullish ETH price outcome could be limited by macroeconomic factors and trading strategies that cap Ether gains. On May 30,

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Elon Musk’s xAI pays $300M to Russia’s favorite messaging app to push Grok 2025-05-29 at 02:03 By Thomas Claburn Telegram to get 50% cut of xAI subscriptions too Telegram founder Pavel Durov on Wednesday announced that the Dubai-based messaging service will make unspecified Grok models from Elon Musk’s xAI available to users.… This article is

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Microsoft is opening Windows Update to third-party apps 2025-05-29 at 01:19 By Iain Thomson Also in preview: a settings backup feature to support OS upgrades Microsoft is previewing a Windows Update orchestration platform for app developers and management tool vendors, aiming to centralize update scheduling across Windows 11 devices.… This article is an excerpt from

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Labor Department rescinds Biden-era guidance for crypto in 401(k) plans 2025-05-29 at 01:04 By Cointelegraph by Christopher Tepedino The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans. On May 28, the Labor Department revoked a 2022 guidance that had urged fiduciaries

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Bitcoin analyst says BTC price peak in $220K to $330K range still possible 2025-05-29 at 01:04 By Cointelegraph by Biraajmaan Tamuly Key takeaways: Bitcoin researcher Sminston With says BTC could gain 100% to 200%, with a cycle peak between $220,000 to $330,000. Bitcoin continues to exhibit strong cyclical volatility, contradicting the belief that its price

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Nvidia shares pop on strong AI demand despite hit from China chip restrictions 2025-05-29 at 00:48 By Thomas Barrabi Nvidia reported solid first quarter earnings on Wednesday, providing some relief to anxious investors who have come to see the world’s leading chip supplier as a bellwether for the overall tech industry. This article is an

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Here’s what it’ll take for Nvidia and other US chipmakers to flog AI chips in China 2025-05-29 at 00:48 By Tobias Mann Jensen be limbo, Jensen be quick, Jensen go under the Uncle Sam’s limbo stick Over the past few years, Uncle Sam has made it progressively harder for US chip designers to flog their

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Pakistan announces Bitcoin strategic reserve 2025-05-29 at 00:04 By Cointelegraph by Vince Quill Bilal Bin Saqib, head of Pakistan’s crypto council, announced on May 28 that the country is moving to establish a strategic Bitcoin reserve. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Saqib said the government of Pakistan followed the United

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GameStop shares sink 11% after BTC purchase 2025-05-29 at 00:04 By Cointelegraph by Vince Quill Shares of video game and collectibles retailer GameStop dropped nearly 11% on May 28 after the company announced its first Bitcoin purchase, triggering a classic sell-the-news reaction. The stock closed at $31.21 on the New York Stock Exchange, according to

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Price predictions 5/28: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK 2025-05-29 at 00:04 By Cointelegraph by Rakesh Upadhyay Key point: Bitcoin’s market structure is still bullish, even as a phase of profit taking and consolidation sets in. Bitcoin (BTC) remains pinned below the breakout level of $109,588, indicating that the bears are

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