According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) has postponed its decision on the proposals submitted by 21Shares and Grayscale for XRP trust funds and Grayscale's Dogecoin trust fund ETF. The announcement was made on May 20. The SEC stated in its documentation that the delay is due to legal and policy issues related to these proposals, emphasizing that this does not imply any conclusions have been reached by the commission. Additionally, the SEC has also postponed its decision on Bitwise's proposal for an Ethereum ETF that allows staking. James Seyffart, an ETF analyst at Bloomberg Intelligence, noted that regardless of the SEC's leadership, the agency typically utilizes the full review period. He anticipates that the earliest possible approval could occur by late June or early July, though it is more likely to happen in the early fourth quarter.

Odaily Planet Daily News: According to Lookonchain monitoring, significant leverage trading activities have appeared on the cryptocurrency derivatives exchange Hyperliquid. Three whales are long Bitcoin (BTC) with 40x leverage, with a total position size of up to $1.03 billion. One of the addresses (0x5078) opened a long position at the price of 105,033.4, and currently has a floating profit of 12.66 million, and its liquidation price is 100,350 US dollars.

If you’ve ever thought about running your own Ethereum node but got overwhelmed by the idea of downloading the entire blockchain, Vitalik Buterin feels your pain. The Ethereum co-founder has just proposed a new solution called “partially stateless nodes,” and it could make running a node far more realistic for everyday users, not just hardcore. source: https://99bitcoins.com/news/bitcoin-btc/bitcoin-to-500k-standard-chartered-says-its-possible-by-2029/

According to Foresight News, on-chain analyst @ai_9684xtpa reported that James Wynn increased his Bitcoin position during a market surge early this morning. Wynn added to his 40x leveraged long position, bringing it to 7,764.264 BTC, valued at approximately $832 million. The opening price was $105,033.4 per Bitcoin, with a liquidation price set at $100,330. Currently, the position shows an unrealized profit of $16.59 million.

Odaily Planet Daily News Vivek Ramaswamy's company Strive plans to acquire Bitcoin at a discount by acquiring claims related to the bankrupt cryptocurrency exchange Mt. Gox, targeting 75,000 Bitcoins. Strive said in a regulatory filing on May 20 that it has partnered with 117 Castell Advisory Group LLC to acquire Bitcoin claims that have received final legal rulings but have not yet been distributed. The move is intended to increase Bitcoin holdings at a discount and increase Bitcoin holdings per share before Strive's reverse merger with Asset Entities is completed. Strive needs shareholder approval for this acquisition and is expected to seek approval before Mt. Gox completes creditor compensation by October 31. This strategy reflects the industry trend of more and more companies incorporating Bitcoin as a long-term strategic asset into their balance sheets. (Cointelegraph)

Vivek Ramaswamy’s Strive is looking to build its Bitcoin holdings by purchasing distressed Bitcoin claims at a discount, starting with claims tied to 75,000 Bitcoin at the bankrupt crypto exchange Mt. Gox. Strive said in a May 20 regulatory filing that it partnered with 117 Castell Advisory Group LLC to target claims to Bitcoin (BTC) that have received definitive legal rulings but are still awaiting distribution. The company said buying the claims would allow it to purchase Bitcoin at a discount and grow its Bitcoin per share ratio ahead of its planned reverse merger with Asset Entities — which is expected to be completed sometime mid this year source: https://cointelegraph.com/news/strive-targets-75000-bitcoin-in-mt-gox-claims?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

After the explosive launch of Believe. app and its token, Launchcoin, it’s been a busy week for both on Solana. Launchcoin crypto price saw significant swings, along with other startup tokens launched on the Believe platform. DISCOVER: Top Solana Meme Coins to Buy in May 2025 Is Launchcoin and Believe source: https://99bitcoins.com/news/presales/launchcoin-crypto-keeps-surging-week-in-review/

Odaily Planet Daily News Defi App, a decentralized finance (DeFi) platform, announced that it will launch the HOME token, which aims to solve the complexity problems in the crypto field and build a user-owned, community-governed "crypto super application". Defi App was launched three months ago and has achieved more than $10 billion in spot and perpetual contract processing volume, and ranked among the top five DEX trading volumes within a few days of going online, with more than 300,000 active users. The core function of the HOME token is to govern the development of Defi App and the utility of the token itself, enabling the community to propose and vote on platform development, including treasury strategies (such as buybacks, fee sharing), transaction fee mechanisms, integration priorities, and future token utility (such as staking and reward systems). Defi App emphasizes that the HOME token is different from traditional governance or utility tokens. It aims to empower the community, achieve product priority, community governance, and unlock exchange-level utility in the form of DAO. In the distribution plan of HOME tokens, 45% is directly allocated to the community and ecosystem, 10% is reserved for private investors, and the rest is allocated to core contributors, foundation partners, grants, strategic advisors, and protocol treasury. Defi App also announced the launch of iOS and Android mobile applications, one-click deposit function (HOME Finance), advanced staking, and protocol bribery in the future.

Libra, a cryptocurrency that was supposed to support the Argentinian economy, ended up in a huge scandal. A lot of people lost money, and a lot of big names were involved. But now, seemingly, the case is getting buried. EXPLORER: The 12+ Hottest Crypto Presales to Buy Right Now Libra Crypto Case Shutting Down Milei source: https://99bitcoins.com/news/presales/president-milei-shuts-down-investigation-into-libra-crypto-scandal/

According to Odaily, the U.S. Securities and Exchange Commission (SEC) announced on May 20, 2025, that it has filed a lawsuit against New York City-based Unicoin, Inc. and three of its executives. The SEC accuses them of making false and misleading statements in the issuance of certificates claiming to offer access to Unicoin tokens and common stock. The executives involved include CEO and Chairman Alex Konanykhin, former President and Chairman, now Director Silvina Moschini, and former Chief Investment Officer Alex Dominguez. The SEC alleges that Unicoin and its executives misled over 5,000 investors by claiming that their tokens were backed by billions of dollars in real estate and pre-IPO company equity, while the actual asset value was significantly lower. Additionally, the SEC states that Unicoin falsely reported sales of over $3 billion in certificates, whereas the actual amount raised did not exceed $110 million. They also falsely advertised that their certificates and tokens were registered with the SEC. The lawsuit has been filed in the U.S. District Court for the Southern District of New York. The SEC is seeking a permanent injunction, the return of ill-gotten gains, civil penalties, and a ban on the executives from serving in any capacity within the company. Unicoin's General Counsel Richard Devlin has also been charged with negligence for making similar false statements and has agreed to pay a civil penalty of $37,500.

A crypto trader turned $1 million into $116 million in hours by quickly buying the TRUMP meme coin before its official announcement. The trader also made a quick move on the MELANIA coin, raising suspicions of insider knowledge or a well-timed bet.