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  • Texas on brink of becoming third US state to establish strategic Bitcoin reserve, pending Gov approval
    by Gino Matos on May 21, 2025 at 5:47 pm

    Texas lawmakers approved legislation to establish a state-level strategic Bitcoin (BTC) reserve on May 21 after a 101‑42 House vote, according to the House livestream. The SB 21 bill is now only pending the approval of Governor Greg Abbott before it can become law. Bitcoin reserve The proposal allows the state comptroller to acquire Bitcoin The post Texas on brink of becoming third US state to establish strategic Bitcoin reserve, pending Gov […]

  • Hong Kong advances stablecoin legislation introducing new rules for issuers
    by Oluwapelumi Adejumo on May 21, 2025 at 4:46 pm

    Hong Kong has passed a landmark bill to regulate fiat-backed stablecoins, signaling its continued push to position itself as a global hub for digital finance. On May 21, Hong Kong lawmaker Johnny Ng confirmed that the Legislative Council approved the bill after its third reading. The new law is expected to take effect before the The post Hong Kong advances stablecoin legislation introducing new rules for issuers appeared first on CryptoSlate.

  • Bitcoin breaks $109k ATH to enter price discovery once again
    by Assad Jafri on May 21, 2025 at 3:20 pm

    Bitcoin (BTC) surged to a high of $109,476 in the first two hours of the New York trading session, to break its all-time high of $109,353 set in January. The latest rally into price discovery comes amid strong institutional investments, favorable regulatory developments, and increased market activity in recent weeks. Based on CryptoSlate data, Bitcoin The post Bitcoin breaks $109k ATH to enter price discovery once again appeared first on […]

  • Bitcoin climbs to $108k as $248 million in liquidations flush traders from market
    by Andjela Radmilac on May 21, 2025 at 2:37 pm

    Bitcoin’s rally triggered over $248 million in liquidations across the derivatives market in the past 24 hours. This spike came as Bitcoin climbed from an intraday low of $102,135 to a peak of $108,010, closing the day at $106,769 with a 2.83% gain. The move forced nearly 90,000 traders out of their positions, with short The post Bitcoin climbs to $108k as $248 million in liquidations flush traders from market appeared first on CryptoSlate.

  • Russia plans to seize crypto in new crackdown on local payments
    by Oluwapelumi Adejumo on May 21, 2025 at 2:26 pm

    Russian authorities are intensifying their crackdown on domestic crypto payments with a new bill that proposes steep penalties and asset seizures. According to local reports, the Ministry of Finance and the Central Bank have jointly submitted draft legislation that could see individuals fined up to 200,000 rubles and companies penalized up to 1 million rubles The post Russia plans to seize crypto in new crackdown on local payments appeared […]

  • Solana’s $9.17 billion DeFi surge hides a stablecoin stockpile ready to ignite
    by Andjela Radmilac on May 21, 2025 at 1:42 pm

    The Solana ecosystem is in the midst of a rebound, with core metrics signaling stronger network participation, capital efficiency, and trading activity spiking since the beginning of April. Total value locked (TVL) reached $9.17 billion, up more than 20% over the past month, while the total stablecoin float surpassed $11.4 billion. This divergence between capital The post Solana’s $9.17 billion DeFi surge hides a stablecoin stockpile ready to […]

  • Bitcoin closes above $106k for first time and without retail frenzy
    by Oluwapelumi Adejumo on May 21, 2025 at 1:26 pm

    Bitcoin closed above $106,000 for the first time in its history on May 20, according to CryptoSlate’s data. The milestone followed several failed attempts earlier in the year, when that price level acted as strong resistance. This time, however, the rally pushed beyond the ceiling, briefly touching $108,024 and sparking optimism about another all-time high. The post Bitcoin closes above $106k for first time and without retail frenzy appeared […]

  • OpenAI to drop confusing model naming with release of GPT-5
    by Liam ‘Akiba’ Wright on May 21, 2025 at 12:42 pm

    OpenAI will begin phasing out its current system of naming foundation models, replacing the existing “GPT” numerical branding with a unified identity under the forthcoming GPT-5 release. The shift, announced during a recent Reddit AMA with core Codex and research team members, reflects OpenAI’s intention to simplify product interactions and reduce ambiguity between model capabilities The post OpenAI to drop confusing model naming with […]

  • This high beta Bitcoin proxy sector is lagging behind BTC price 2025
    by Andjela Radmilac on May 21, 2025 at 11:43 am

    The post This high beta Bitcoin proxy sector is lagging behind BTC price 2025 appeared first on CryptoSlate.

  • Bitcoin whale places 40x leveraged $830 million long position on Hyperliquid
    by Oluwapelumi Adejumo on May 21, 2025 at 11:18 am

    A crypto whale, James Wynn, has taken a bold stance on Bitcoin by opening a $830 million long position on Hyperliquid, the decentralized derivatives exchange. On May 21, on-chain analyst EmberCN revealed that Wynn initiated a 40x leveraged long position totaling 7,764 BTC (valued at approximately $830 million) at an entry price of $105,033. His The post Bitcoin whale places 40x leveraged $830 million long position on Hyperliquid appeared first […]

  • Watch: Trump Plays ‘Kill The Boer’ Clip In Front Of South Africa’s Ramaphosa In The Oval Office, Destroys NBC Reporter
    by Tyler Durden on May 21, 2025 at 5:05 pm

    Watch: Trump Plays ‘Kill The Boer’ Clip In Front Of South Africa’s Ramaphosa In The Oval Office, Destroys NBC Reporter Update (1300ET): Well, for those who were anticipating a Vance-Zelensky shitshow redux at today’s meeting between US President Trump and South African President Ramaphosa… they were not disappointed. As the topic of white genocide cam up, Ramaphosa was quick to dispel the ‘conspiracy’; but Trump very quickly told […]

  • Mercenary Firm Set To Oversee Gaza Aid For Israel Goes On LinkedIn Hiring Spree
    by Tyler Durden on May 21, 2025 at 4:45 pm

    Mercenary Firm Set To Oversee Gaza Aid For Israel Goes On LinkedIn Hiring Spree Via Middle East Eye The US private military contracting firm set to oversee Gaza aid distribution on Israel’s behalf is actively hiring for positions on LinkedIn, according to job postings shared with Middle East Eye by current and former US officials. The firm, Safe Reach Solutions, or SRS, says it is actively looking for “Humanitarian Liaison […]

  • UnitedHealth Shares Drop After Report Alleges Secret Bonus Payments To Nursing Homes For Cutting Hospital Transfers
    by Tyler Durden on May 21, 2025 at 4:15 pm

    UnitedHealth Shares Drop After Report Alleges Secret Bonus Payments To Nursing Homes For Cutting Hospital Transfers UnitedHealth Group shares dropped as much as 7.5% in premarket trading Wednesday in New York, following a Guardian investigation that revealed the health insurer shelled out “Premium Dividend” and “Shared Savings” bonuses to nursing homes that reduced hospital transfers for sick residents.  The Guardian’s […]

  • US Senate Votes To Move Ahead With GENIUS Act; ‘Legitimizing’ Stablecoins For Global Institutional Adoption
    by Tyler Durden on May 21, 2025 at 4:15 pm

    US Senate Votes To Move Ahead With GENIUS Act; ‘Legitimizing’ Stablecoins For Global Institutional Adoption The GENIUS Act moved through a procedural vote on Monday (66-32), and has just passed its latest hurdle (69-31) allowing Senate Republican leaders to bring the legislation to the floor for debate and a final vote, as soon as this week A challenging amendment pricess awaits as the Senate bill, if passed, would need to be […]

  • Russian Strike On Ukrainian Training Ground Results In Mass Casualties
    by Tyler Durden on May 21, 2025 at 4:00 pm

    Russian Strike On Ukrainian Training Ground Results In Mass Casualties Despite ongoing US-backed efforts to get Russians and Ukrainians to the negotiating table again, days after last week’s Istanbul talks, both warring sides have on Wednesday ramped up tit-for-tat assaults on each other’s territory. Ukrainian drones have once again threatened the Moscow region, leading to the capital’s four airports temporarily suspending nearly […]

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  • Bernie Sanders Says ‘Quiet Part Out Loud’ In Brutal Backstab Of Democratic Party
    by Tyler Durden on May 21, 2025 at 3:25 pm

    Bernie Sanders Says ‘Quiet Part Out Loud’ In Brutal Backstab Of Democratic Party Via VigilantFox.com, Bernie Sanders just said the quiet part out loud – and Andrew Schulz got it all on tape… In one of his most brutally honest interviews ever, Sanders admitted Democrats ARE a threat to democracy. He even pulled back the curtain on being robbed in 2016 and revealed his thoughts on a 2028 run. By the halfway mark of […]

  • Bitcoin Surges To New Record High, ‘Trumping’ Gold Since Election
    by Tyler Durden on May 21, 2025 at 3:10 pm

    Bitcoin Surges To New Record High, ‘Trumping’ Gold Since Election Bitcoin just surge to a new record high, $109,500, extending its recent post-pause recovery and up over 60% since President Trump was elected… BTC ETF inflows continue to build… …and we suspect there is more to come, if the recent surge in global liquidity is anything to go by… The aggregate open interest in Bitcoin futures surged to a record high on […]

  • WTI Erases Israel-Iran Spike As Crude & Gasoline Stocks See Unexpected Build
    by Tyler Durden on May 21, 2025 at 2:39 pm

    WTI Erases Israel-Iran Spike As Crude & Gasoline Stocks See Unexpected Build Oil prices are modestly higher ahead of this morning’s official energy inventory and supply data, but have come dramatically back off the overnight spike highs driven by CNN headlines suggesting Israel is ready to strike Iranian nuclear enriuchment sites. “Either the impact on the oil market in case of an attack is assumed to be low, or the […]

  • Is Japan About To Hike Rates AND Restart Yield Curve Control?
    by Tyler Durden on May 21, 2025 at 2:20 pm

    Is Japan About To Hike Rates AND Restart Yield Curve Control? By Elwin de Groot and Michael Every of Rabobank Iran’s Khamenei said nuclear talks with US are unlikely to “lead to any outcome”… as US intel says Israel is preparing for a strike on Iran, seeing oil prices move higher. The Israeli press also says Iranian efforts to recruit Israeli agents have skyrocketed, Tehran trying to arrange high-profile assassinations […]

  • Republicans Race to Finalize ‘Big Beautiful Bill’ As Johnson Seeks Memorial Day Deadline
    by Tyler Durden on May 21, 2025 at 2:05 pm

    Republicans Race to Finalize ‘Big Beautiful Bill’ As Johnson Seeks Memorial Day Deadline After weeks of turmoil and negotiations, House Republicans are inching closer to passing their sweeping domestic-policy package, anchored by a multi-trillion-dollar suite of tax cuts, as Speaker Mike Johnson races to finalize the legislation ahead of the Memorial Day recess. ouse Speaker Mike Johnson, R-La., at the US Capitol on May 6. Graeme […]

  • Congress To Seize Control Of AI: States Stripped Of Regulatory Power
    by Tyler Durden on May 21, 2025 at 1:50 pm

    Congress To Seize Control Of AI: States Stripped Of Regulatory Power Via JonFleetwood.substack.com, Buried deep in Congress’s 1,116-page “One Big Beautiful Bill Act” is a provision so sweeping, so dystopian, and so underreported that it’s hard to believe it was passed at all. Section 43201 of the bill, blandly titled the “Artificial Intelligence and Information Technology Modernization Initiative,” doesn’t just […]

  • GLAAD Claims Free Speech Surge On Social Media Undermines LGBT Safety
    by Tyler Durden on May 21, 2025 at 1:30 pm

    GLAAD Claims Free Speech Surge On Social Media Undermines LGBT Safety One of the most detrimental self-sabotage efforts of the woke movement was their rabid push to control public speech online.  In the case of gay and trans issues, any criticism no matter how factual or logical was met with Orwellian oversight.  For most major social media apps, simply engaging in debate with LGBT activists could mean your account would be […]

  • Trump Says He Had To Run Again After “Rigged Election” To “Shove It Up Their Ass”
    by Tyler Durden on May 21, 2025 at 1:10 pm

    Trump Says He Had To Run Again After “Rigged Election” To “Shove It Up Their Ass” Authored by Steve Watson via Modernity.news, President Trump said Monday that he was relentlessly determined to regain the Presidency after the “rigged” 2020 election. Trump made the remarks during a Kennedy Center Board dinner in the White House’s State Dining Room Monday. “They rigged the election,” the president said, adding “And […]

  • Target Reports Soft Earnings, Slashes Outlook As Consumer Spending Weakens
    by Tyler Durden on May 21, 2025 at 1:00 pm

    Target Reports Soft Earnings, Slashes Outlook As Consumer Spending Weakens Mega retailer Target slashed its annual sales forecast after reporting weaker-than-expected quarterly results, citing trade tariffs, boycotts, and slumping consumer confidence. A broader turnaround plan to re-establish the retailer as a leading discount department store appears to be faltering, with Goldman’s top consumer analyst taking a bearish stance on […]

  • Futures Slide As 30Y Yield Rises Above 5%, Oil Jumps On Iran War Fears
    by Tyler Durden on May 21, 2025 at 12:27 pm

    Futures Slide As 30Y Yield Rises Above 5%, Oil Jumps On Iran War Fears US equity futures and global markets are weaker with both tech and small caps underperforming as yields rise (10Y TSY  at 4.53% last) and the curve bear steepens. As of 8:00am ET, S&P futures are down 0.5% with sentiment hit by a CNN report that Israel may be preparing to strike Iranian nuclear facilities. That sent oil higher, while haven assets […]

  • Elon Musk Confirms June Launch For Robotaxis In Austin
    by Tyler Durden on May 21, 2025 at 12:05 pm

    Elon Musk Confirms June Launch For Robotaxis In Austin Tesla stock is up about 2% mid-day after a mid-day interview between David Faber and Elon Musk. The Tesla CEO told CNBC that Tesla will launch robotaxis in Austin by the end of June, starting with about 10 vehicles and expanding if all goes smoothly. “It’s prudent for us to start with a small number, confirm that things are going well and then scale it up,” Musk said. […]

  • Great News DIYers: Home Depot CFO Reveals No Tariff Price Hikes 
    by Tyler Durden on May 21, 2025 at 11:45 am

    Great News DIYers: Home Depot CFO Reveals No Tariff Price Hikes  Great news for DIYers and contractors alike: Home Depot CFO Richard McPhail told CNBC this morning that the retailer has no plans to raise prices despite tariffs. This puts Home Depot at odds with Walmart, which is set to hike prices later this month. While Home Depot reaffirmed its full-year sales outlook, it delivered mixed results for the first quarter. “Because […]

  • Nvidia CEO Calls Biden-Era AI Curbs A “Failure” With China 
    by Tyler Durden on May 21, 2025 at 11:20 am

    Nvidia CEO Calls Biden-Era AI Curbs A “Failure” With China  Nvidia CEO Jensen Huang called U.S. export controls on artificial intelligence chips to China under the Biden administration’s AI diffusion rule a “failure” that risks ceding the $50 billion Chinese AI chip market to rivals like Chinese tech giant Huawei.  Huang delivered a keynote speech at Computex in Taipei, Taiwan, earlier today in which he said, “All in all, […]

  • “We Have Imported Knife Violence” – Wave Of Attacks Shakes Germany Once Again
    by Tyler Durden on May 21, 2025 at 10:30 am

    “We Have Imported Knife Violence” – Wave Of Attacks Shakes Germany Once Again Via Remix News, Another wave of knife attacks has hit Germany, showing that not much has changed despite the many lost lives and Germans maimed in knife attacks. In fact, the statistics show that these crimes are even getting worse, with 79 knife attacks per day now recorded. A German criminal lawyer warns that Germany has “imported knife […]

  • Biden’s Was The First Fully Deep-State Presidency
    by Tyler Durden on May 21, 2025 at 10:11 am

    Biden’s Was The First Fully Deep-State Presidency Authored by Jarrett Stepman via The Daily Signal, Biden’s Presidency Is a Scandal of Historic Proportions The “presidency” of Joe Biden is one of the greatest scandals in American history. The legacy media is only now covering the mental incapacity of a president who apparently left the entire ship of state to the unaccountable bureaucracy. On Friday, Axios released […]

  • Nike Is Still America’s Favorite Apparel Brand
    by Tyler Durden on May 21, 2025 at 9:45 am

    Nike Is Still America’s Favorite Apparel Brand There are few markets where brands matter more than in fashion and apparel.  You can sell a white t-shirt for $10 dollars, or you can put a brand logo on it and sell the same shirt for $50 (or $120 for that matter).  While some brands charge prices unaffordable for the majority of people and seek brand strength in exclusiveness, others happily cater to the mainstream and still […]

  • Houthis Add Key Northern Israeli Port To Target List For Ballistic Missiles
    by Tyler Durden on May 21, 2025 at 9:00 am

    Houthis Add Key Northern Israeli Port To Target List For Ballistic Missiles Via The Cradle The Yemeni Armed Forces (YAF.. Ansarallah/Houthis) announced that its leadership has decided to impose a blockade on the northern Israeli port of Haifa, in response to Tel Aviv’s violent escalation in the Gaza Strip.  “In response to the Israeli enemy’s escalation of its brutal aggression against our brothers and people in Gaza … The […]

  • Breaking Down Global Military Spending By Country In 2024
    by Tyler Durden on May 21, 2025 at 8:15 am

    Breaking Down Global Military Spending By Country In 2024 In a world where superpowers are defined by economic and military stature, countries continue to invest hundreds of billions in military and defense every year. In 2024, global military expenditure reached $2.7 trillion, hitting a record high – and just three countries made up more than half of the total. This infographic, via Visual Capitalist’s Niccolo Conte, breaks down […]

  • UK Space Ambitions Clash With NATO Airspace Concerns
    by Tyler Durden on May 21, 2025 at 7:30 am

    UK Space Ambitions Clash With NATO Airspace Concerns Via CityAM, The UK’s new vertical launch spaceport at Saxa Vord poses risks to Icelandic airspace and territorial waters, potentially disrupting transatlantic flights and marine ecosystems. Exclusion zones for rocket launches could interfere with NATO’s ability to effectively patrol the Greenland-Iceland-United Kingdom gap, an area of strategic importance for defense. […]

  • Tea Or Coffee?
    by Tyler Durden on May 21, 2025 at 6:45 am

    Tea Or Coffee? Today, May 21 marks International Tea Day.  With a global market valued at nearly $50 billion in 2023, tea is said to be the second most consumed beverage in the world.  As the United Nations notes, the tea industry provides “a major source of income and export earnings for some of the poorest countries and, thanks to its high labor requirements, generates numerous jobs, particularly in remote and economically […]

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