Author: WebDesk

Trump-linked Truth Social has officially withdrawn its spot Bitcoin ETF filing, surprising many in the crypto market. The move was confirmed after Yorkville America Equities pulled multiple ETF registration statements from the U.S. Securities and Exchange Commission (SEC) on May 19, including the Truth Social Bitcoin ETF, the Bitcoin & Ethereum ETF, and the Crypto Blue Chip ETF.The filings were originally submitted between June and July 2025, but Yorkville now says it wants to shift toward crypto investment products built under the Investment Company Act of 1940 instead of the traditional “33 Act” ETF structure. According to the company, the…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. South Carolina Governor Henry McMaster has signed S. 163 into law, giving crypto users and businesses stronger legal protections. The law protects digital asset payments, self-custody through hard wallets and blocks additional state or local taxes on crypto used for payments. South Carolina has moved further into the pro-crypto column. Governor Henry McMaster signed S. 163 into law on Tuesday, changing the state’s legal code to give individuals and businesses clearer protection when using digital assets. Crypto payments and self-custody get legal protection The new…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Trump Media-linked Truth Social Bitcoin ETF, B.T. has asked the US Securities and Exchange Commission to withdraw its spot Bitcoin ETF registration, ending, at least for now, one of the more politically visible attempts to enter the already crowded US Bitcoin fund market. The withdrawal request, dated May 19, 2026, was addressed to the SEC’s Division of Corporation Finance and its Office of Crypto Assets. In the filing, the company requested “the immediate withdrawal” of its Form S-1 registration statement, which had originally been filed on June…

Shiba Inu (SHIB) has an incredibly large fan base. However, a majority of the coin’s holders are sitting on losses. SHIB’s performance over the last few years has been nothing short of lackluster. While early investors may big profits, people who bought at the top have lost significant value. Let’s look at three alternatives that you can consider, if you are a Shiba Inu (SHIB) fan.3 Shiba Inu Alternatives You Can ConsiderSource: Coins.phBefore entering into memecoin investing, you should note that memecoins are among the riskiest of assets in any market class. Shiba Inu (SHIB), while having given good returns…

According to Goldman Sachs’ Q1 2026 13F filing with the SEC, the financial institution has sold all of its XRP and Solana (SOL) ETF holdings. In its Q4 2025 filing, the bank reported nearly $154 million worth of XRP ETFs. These ETFs were from Bitwise, Franklin Templeton, Grayscale and 21Shares. Moreover, Goldman Sachs also reduced its Bitcoin (BTC) and Ethereum (ETH) ETF exposure. Nonetheless, the firm still holds more than $700 million worth of BTC ETFs and $114 million worth of ETH ETFs.Why Did Goldman Sachs Sell Its XRP And Solana ETF Holdings?Source: coinmarketcapGoldman Sachs’ Q1 move coincides with the…

While XRP attempts to hold a crucial area, some analysts have pointed to key indicators that could dictate whether the recent pullback is temporary or marks the start of a deeper correction. Related Reading XRP Rally Faces Critical Resistance On Tuesday, XRP continued its recent decline, falling to the $1.35 area, its lowest level since late April. The cryptocurrency has been trading between $1.36 and $1.50 over the past month, attempting to break out of the upper boundary on multiple occasions. Last Thursday, the altcoin rallied above this key resistance on the CLARITY Act progress, reaching a two-month high of…

Key TakeawaysProsecutors said additional cryptocurrency investors lost money after Giri’s guilty plea was entered.Authorities linked the fraud scheme to more than $10 million in investor funds.Investigators said newer deposits were used to repay earlier participants in the operation. Ohio Crypto Fraud Scheme Leads to 9-Year Sentence A cryptocurrency investment fraud scheme that raised more than $10 million from investors led to a nine-year prison sentence for Rathnakishore Giri, 31, of New Albany, Ohio. The Department of Justice (DOJ) announced the sentence on May 18, 2026. Many investors affected by the scheme lived in or around Columbus, Ohio. The sentence also…

On May 19, XRP Ledger revealed that it had started a full audit with Project Eleven, and it made a partnership with the platform to prepare the network for quantum-resistant cryptography. This is the second phase, where the digital ledger is also planning to test new secure signatures ahead of full deployment by 2028. The platform is rapidly preparing for future quantum threats that could break the private keys of most blockchains. On May 19, the XRP Ledger shared a major announcement where it shared the full audit of the XRP Ledger by Project Eleven ahead of quantum-resistant cryptography deployment.…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is struggling to hold above $2,150 as selling pressure and market uncertainty continue to weigh on a recovery that has now given back a meaningful portion of its gains from the February lows. The price is under pressure — and analyst MorenoDV has published an exchange flow analysis that identifies exactly where that pressure originated and what the data is now showing in its aftermath. The finding that anchors the analysis is striking in its concentration. On May 10, as 250,000 ETH flowed into exchanges across…

JPMorgan ether and altcoin analysts said the tokens won’t catch bitcoin without a major lift in network activity. Summary JPMorgan said ether and altcoins will keep lagging bitcoin without meaningful improvement in DeFi and real-world use cases. Bitcoin spot ETFs have recovered two-thirds of recent outflows, while ether ETFs have recovered only one-third. The bank cautioned that upcoming Ethereum upgrades Glamsterdam and Hegota may not lift network demand on their own. JPMorgan said ether and the broader altcoin market are unlikely to reverse a multi-year underperformance against bitcoin without a meaningful pickup in network activity, DeFi adoption and real-world use…