Crypto News

A smart beta exchange traded fund, the Invesco S&P 500 Equal Weight Industrials ETF (RSPN) debuted on 11/01/2006, and offers broad exposure to the Industrials ETFs category of the market. What Are Smart Beta ETFs? The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment. Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies...

Silk Road’s Ulbricht receives 300 BTC donation Ross Ulbricht, the founder of Silk Road, has received a donation of 300 Bitcoin (BTC) from an anonymous source. This donation, tracked by blockchain firm Lookonchain, was sent to Ulbricht’s wallet early on Sunday. At the time of the transaction, the donated coins were valued at approximately $31.4 million. The transaction was followed by a transfer of the majority of these coins to the cryptocurrency exchange Kraken, as indicated by data from Arkham. This happened within a few hours of the initial donation. Ulbricht, who was pardoned and released from prison by President Donald Trump on January 21, made his first public appearance since his release at the Bitcoin 2025 conference over the...

Steve Ballmer said his "Developers!" chant was a "call to action" for Microsoft. Steve Ballmer explains his viral, sweaty 'Developers!' chant from the early 2000s More than two decades after Steve Ballmer's frenzied "Developers! Developers! Developers!" chant became a viral sensation, the former Microsoft CEO said it wasn't just for show. Ballmer discussed the iconic moment on an episode of the "Acquired" podcast. He said it was a strategic "call to action" for Microsoft at that time. Ballmer was frustrated with how Microsoft's culture in the early 2000s still saw itself as "just a platform company." Internally, teams were focused on building infrastructure — Windows, Windows Server, ActiveX — but weren't doing enough to engage...

Taiwanese Crypto Exchange BitoPro Likely Hacked for $11M in May, ZachXBT Says Taiwanese cryptocurrency exchange BitoPro is suspected to have lost over $11.5 million worth of tokens in a May 8 exploit, widely-followed blockchain sleuth ZachXBT said in his Telegram group on Monday. The exploit involved unauthorized access to BitoPro's hot wallets across multiple blockchains, including Ethereum, Tron, Solana, and Polygon. The stolen assets were then sold on decentralized exchanges, with proceeds laundered through privacy protocols such as Tornado Cash and Thorchain, and eventually moved to Wasabi Wallet, a Bitcoin mixing service. BitoPro has not issued any public statements acknowledging the breach since the supposed exploit. Users...

DOGE, XRP, SOL Show Price Bottoming as Bitcoin Traders Remain Optimistic Market watchers say that major tokens are showing signs of bottoming out, even as geopolitical tensions and tariff fears continue to cloud the near-term outlook. Bitcoin BTC hovered around $105,000 in Asian morning hours Monday, slightly changed in the past 24 hours but down 5% over the past week. Ether ETH, XRP XRP, Solana’s SOL SOL, Cardano’s ADA ADA, and dogecoin DOGE showed similar price action in the past 24 hours, with signs of a local bottom near support levels for all these tokens, indicating a potential rebound for intraday traders. “Bitcoin hovers around $105K as investors remain uncertain about short-term macroeconomic events,” said Nick Ruck...

3 Inflated Stocks Skating on Thin Ice The stocks featured in this article are seeing some big returns. Over the past month, they’ve outpaced the market due to new product launches, positive news, or even a dedicated social media following. But not every company with momentum is a long-term winner, and plenty of investors have lost money betting on short-term fads. All that said, here are three stocks getting more buzz than they deserve and some you should buy instead. Amplitude (AMPL) One-Month Return: +31.3% Born out of a failed voice recognition startup by founder Spenser Skates, Amplitude (NASDAQ:AMPL) is data analytics software helping companies improve and optimize their digital products. Why Are We Hesitant About AMPL...

Trust Wallet Launches Buy+, Powered by Binance Connect, to Simplify Crypto Access DUBAI, UAE — June 2, 2025 — Trust Wallet, the world’s leading self-custody Web3 wallet trusted by over 200 million users, has launched Buy+, a new feature powered by Binance Connect, to simplify crypto access for users worldwide and make onboarding easier for newcomers. The feature allows anyone to purchase tokens on BNB Chain, Base, and Solana using fiat — without needing to own crypto assets or understand complex crypto workflows. Before this improvement, buying a new or trending token often meant a multi-step process, including manual swaps and switching between platforms. For many — especially beginners — this was confusing, time-consuming, and...

(CoinDesk) Asia Morning Briefing: BTC Stalls at 105K as Analyst Says Market Looks 'Overheated' Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. Bitcoin BTC is trading above $105K as Asia begins its business week. The world's largest digital asset remained relatively stable over the weekend, with a 0.4% movement, and trading volume was compressed. While overall market conditions remain bullish, a new report from CryptoQuant suggests that certain metrics indicate the BTC market is “overheating.” The report shows bitcoin demand has climbed to 229,000 BTC over the past 30 days, approaching the...

Elon Musk is doubling down on privacy. In his latest update for X (formerly Twitter), the billionaire CEO announced XChat — a new encrypted messaging feature that will support audio/video calls, vanishing messages, and all-file sharing. “The all new XChat is rolling out with encryption, vanishing messages, and the ability to send any kind of file. Also, audio/video calling,” Musk posted on X. He added that the system is built on a “whole new architecture” with “Bitcoin-style encryption” — hinting at a more decentralized, cryptographically secure infrastructure, though no technical details were provided. The move is part of Musk’s broader effort to transform X into a privacy-forward “everything app.” While Musk didn’t elaborate on...

None Key Points The XRP cryptocurrency reached a multiyear record price of $3.31 per coin in January 2025. By May 30, the coin had retreated 34% to $2.18 per coin. XRP investors face a dilemma: Is the cryptocurrency a no-brainer buy at these lower prices, or will the price drop continue? How XRP soared in the winter Two events boosted XRP's market price from November 2024 to January 2025. Together, they supported a third event with game-changing potential. Why XRP is down in the spring XRP's price peaked a couple of days before the inauguration. Ethereum and Dogecoin have also seen price drops of 27% or more since January 18. Bitcoin fell 25% but gained some momentum more recently, reaching new all-time highs last week. None of...

Image source: Getty Images. Key Points Arguably, the biggest beneficiary of the Trump administration's pro-crypto policies has been the cryptocurrency XRP (CRYPTO: XRP). On Election Day, XRP was trading for just $0.50. Today, it trades for about $2.20, for an eye-popping 345% return on investment in just six months. While much of the early pro-crypto euphoria surrounding the Trump administration has already been priced into XRP, new catalysts continue to emerge. In fact, there are three big ones with the potential to send XRP higher over the next 12 months. Shakeup at the SEC President Donald Trump campaigned on a pro-business, pro-crypto platform. And that's exactly what he has delivered. One of the first moves was the...

Image source: Getty Images. Vice President JD Vance Just Delivered Incredible News to Bitcoin Investors Key Points On May 28, Vice President JD Vance gave the keynote speech at the Bitcoin 2025 conference in Las Vegas. He offered a broad overview of what's coming next for crypto, as well as a few insights into how the White House is thinking about Bitcoin right now. Last year, President Donald Trump attended this same event, outlining the major pro-Bitcoin policies of his 2024 campaign platform. So now that top political leaders are openly embracing crypto, what should Bitcoin investors expect? Pro-Bitcoin policies of the Trump administration A major focus of Vance's speech was a reiteration of the pro-crypto regulatory approach...

Image source: Getty Images. Key Points Coca-Cola had a strong first quarter, easily surpassing peer PepsiCo's lackluster performance. As the world's leading beverage company, Coca-Cola is projecting strong results through the rest of the year. This is good news for the business, but it may not be good news for investors looking to buy the company today. What does Coca-Cola do? Coca-Cola is primarily known for its namesake soda brand, but its collection of beverages extends far beyond bubbly drinks. It owns Costa, a coffee chain, sells various non-soda sugary drinks, and is expanding its non-sugary drink portfolio. It offers both global brands with broad appeal and region-specific brands tailored to local tastes. Operating in over...

Key Points Ripple's XRP has had a momentous six months, soaring almost 350% since November. Standard Chartered thinks it can go even higher. Analyst Geoffrey Kendrick predicts that Ripple will reach $12.50 by the end of 2028 — that's about a 450% upside from today's price. In the near term, Kendrick thinks XRP can reach $5.50 (more than double the current price of about $2.19) before the end of this year. He cites three major catalysts for growth. Here's why XRP could soar One of the biggest reasons to be optimistic about XRP is that it's already operational, with uses in financial transactions and money transfers, especially internationally. Cryptocurrency investors often face high levels of uncertainty, as many projects don't have...

Image source: Getty Images. Key Points Right now, Bitcoin (CRYPTO: BTC) is in the driver's seat. The world's top cryptocurrency is up 17% for the year and is once again in the spotlight after cruising to a new all-time high of $112,000 on May 22. But as we head into the second half of the year, three top cryptocurrencies have the potential to outperform Bitcoin. Let's take a closer look. Ethereum First up is Ethereum (CRYPTO: ETH). Despite its well-publicized problems over the past few months, Ethereum appears to be on the verge of a comeback. It's now up 45% over the past 30 days. By way of comparison, Bitcoin is up only 14% over that same period. Every year, Ethereum rolls out a new upgrade of its blockchain, and this year was...

Image source: Getty Images. Key Points Investing in the S&P 500 index has been a great way for investors to grow their wealth for not just years but decades. Having a position in the top 500 stocks in the world is an easy way for anyone to invest in the stock market. There's no need to pick individual stocks, track the latest stock news and analyze it, or do anything else besides put money into an exchange-traded fund (ETF) that tracks the index. Whether you're a long-term investor who wants a simple strategy or if you just don't want to have to worry about tracking individual companies, having a position in the broad index can make a lot of sense. And even if you don't have thousands of dollars to invest today, investing money...

Exclusive: Paris Saint-Germain FC partners with Web3 giant RTB Digital Inc. to launch PSG World Paris Saint-Germain, the French football powerhouse, launched a new initiative off the pitch—a digital fan platform called PSG World, created in partnership with the largest Web3 digital media SaaS company, RTB Digital Inc. The launch of PSG World, which went live just before the final, signals the club’s latest move to strengthen fan relationships worldwide. It offers a home for PSG supporters to engage in post-match commentary, co-create content, access exclusive media, and build global connections around the club they love. Speaking during the Bitcoin Conference 2025 in a Roundtable discussion with James Heckman, founder and CEO of...

3 Rare Coins Boomers Should Hold Onto for at Least Another Decade When you reach retirement age — as most baby boomers have — it’s tempting to start cashing in your investments and putting the money into savings accounts or other risk-free assets. That’s not always the best policy, though — especially when it comes to assets that consistently rise in value, like rare coins. The reason rare coins increase in value is simple: They will always be rare, and that rarity will always lure collectors and investors. This creates steady demand, which in turn keeps pushing prices higher. Maximizing the value of rare coins by holding on to them is particularly important for boomers who are either already retired or are closing in on retirement...

Imagine a currency that works like cash but is digital, fast, and something your friends are already using. That’s the pitch behind Pi Network, a crypto platform with over 60 million users that’s trying to solve the biggest issue in crypto: usability. Nicolas Kokkalis, the project’s founder and Head of Technology, says it all started with frustration. From friction to function But in 2018, using crypto felt like solving a puzzle. Wallets were hard to set up, user interfaces were clunky, and for most people, it wasn’t worth the effort. That effort became Pi Network, a mobile-first crypto platform where users mine coins by checking into an app daily—no expensive rigs or technical knowledge required. Not just trading, actual utility...

Image source: Alphabet. Down 16%, Should You Buy the Dip on Alphabet? By zooming out, it becomes obvious that Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) has been a huge winner for investors. Shares have surged 144% in the past five years, and they're up an impressive 525% just in the last decade. Becoming a dominant internet enterprise has resulted in some very happy shareholders. But as of this writing on May 28, this top technology stock trades 16% below its high, which was reached on Feb. 4. Is AI a risk or an opportunity? With the proliferation of generative artificial intelligence (AI) tools in recent years, investors have rightfully been concerned that Alphabet's crown jewel, Google Search, that represented 56% of sales in the...