President Trump's Solana Meme Coin Just Skyrocketed—Here's Why

Sillytuna, a game developer, said he lost nearly $24 million in crypto during a violent robbery involving weapons and threats. The incident was mistakenly linked to address poisoning, causing confusion in the crypto community.

The parent company of the New York Stock Exchange has invested in OKX, valuing the crypto exchange at $25 billion. This move will allow OKX users to trade tokenized stocks and derivatives listed on the NYSE later this year.

According to CoinShares, institutional investors have not panicked despite Bitcoin's recent drawdown. Professional allocators maintained positions, while longer-term investors like endowments and pensions continued to accumulate quietly. The market struggled due to macro pressures and profit-taking from long-term holders.

UK fintech company Revolut has applied for a U.S. banking license with the OCC to expand its services in the American financial system. If approved, this license would grant Revolut access to payment networks like Fedwire and ACH, potentially enabling the offering of lending products. The firm was one of four selected by the UK's Financial Conduct Authority for a stablecoin regulatory sandbox in February.

The New York Stock Exchange's parent company Intercontinental Exchange has invested in OKX at a $25 billion valuation, forming a partnership to allow the crypto exchange's users to trade tokenized stocks and derivatives listed on the NYSE. The move aligns with Intercontinental Exchange's strategy to adapt to changing trading habits in the financial industry.

ZeroHash has applied for a National Trust Bank Charter from the U.S. OCC to expand its stablecoin and digital asset services under federal oversight. The Chicago-based company aims to operate under a single federal framework, streamlining compliance with state-by-state regulations.

Canadian police issued a warning about fraudsters using the Royal Canadian Mounted Police logo in crypto recovery scams targeting victims who had previously lost money in fraud. The scammers falsely claimed to be able to help victims recover funds, exploiting authority bias.

Bitcoin's recent rebound has investors reevaluating the crypto market amidst policy changes and geopolitical tensions. Despite being 42% below its October high, Bitcoin traded around $72,800, with a 6.8% increase in 24 hours.

According to K33 analysts, Bitcoin may be forming a bottom amidst geopolitical instability, with signs of relative stability and a 7% increase in price over the past day. Technical indicators suggest the worst selling pressure may have passed, although patience is crucial during bottoming regimes.

Dogecoin has surged nearly 15% in the last 24 hours, benefiting from Bitcoin's rise to almost $74,000, leading to a strong rebound in crypto prices. Despite being the largest gainer among the top 100 cryptocurrencies, Dogecoin's losses from the last month are now just 6%.