Cryptocurrency news last 24 hours
Momentum indicators such as the Relative Strength Index (RSI) remained near 60, reflecting moderate bullish momentum without entering overbought territory. This suggests further room for upward movement if broader conditions remain favorable who is mike tyson.
In Nigeria, the court delayed a case against Binance, one of the biggest crypto exchanges. The government claims Binance caused huge financial damage to their economy and is demanding over $2 billion in back taxes.
Toward the end of April, Toncoin attempted another rally after forming a bullish ascending triangle pattern, often considered a precursor to breakouts. This formation, along with favorable speculation about upcoming integrations and payment features within Telegram, contributed to a minor price surge.
Cryptocurrency news may 31 2025
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SEC’s High-Profile June Summit: On June 5, the SEC will hold a conference highlighting how tokenization is transforming asset management and explore regulatory frameworks to support innovation in digital assets.
TON’s New VP Hire Sparks Rally: TONcoin surged nearly 16% after Nikola Plecas, ex-Visa payments exec, joined TON Foundation as VP of Payments. His move ignited a sharp buying spree, pushing $TON past $3.25 with strong volume support.
May 2025 is packed with high-impact events — from economic data and token unlocks to legislative hearings and protocol upgrades. Staying ahead of these developments could be key to navigating the next big move in the crypto market.
NY Crypto Investor Held Hostage: Michael Carturan, an Italian crypto investor, was abducted in New York and held hostage for 17 days – all so his captors could get to his Bitcoin. The suspects have been caught, but the case is a reminder that holding crypto wealth isn’t just a digital risk anymore.
The crypto market on May 31, 2025, experienced significant turbulence driven by macroeconomic factors and regulatory developments. Within the last 24 hours, key events shaped market sentiment, from trade tensions to pivotal SEC decisions and exchange service changes. Here’s a concise recap of the most notable updates in the crypto space.
Sec cryptocurrency news
The Trump family runs several crypto projects, from crypto banking platform World Liberty Financial that offers a stablecoin called USD1 to an empire of memecoins and a bitcoin mining business co-founded by Eric Trump.
“There’s an interesting joint regime proposal between the SEC and CFTC where the SEC is involved when raising money for a crypto project clearly triggers securities laws, but then when it’s about the things that have been deemed digital commodities or coins tied to projects that are sufficiently decentralized, then it becomes CFTC jurisdiction,” Malekan said.
Regulators globally grapple with framing rules that balance innovation with consumer protection and market integrity in the crypto markets. Here’s a glimpse into various market segments and how regulations might apply:
“I am unsure whether we’ve identified much that can be simply or quickly clarified,” Democratic Commissioner Caroline Crenshaw said, introducing a June 9 panel. “What we are facing is heightened expectations of rolling out major changes—quickly—to pave the way for crypto expansion into the capital markets.”
One of Trump’s first courses of action following the inauguration was to establish a federal crypto working group, chaired by the President’s AI and crypto czar David Sacks. That group just released a 160-page report on Wednesday detailing policy recommendations.