The global crypto market is flashing green today ๐ฟ
After a few shaky days, market sentiment has turned bullish.\
The total market cap is now $3.44 trillion, and daily trading volume surged from $83.1B to $98.4B.
๐น Bitcoin (BTC) is up 0.9%, reaching $105,329
๐น Ethereum (ETH) leads the way with a 5.3% gain, trading at $2,613
Investors are feeling optimistic again, and thereโs more behind the momentum than just price action ๐
๐ Revolut Eyes Crypto Derivatives
Fintech giant Revolut is planning to enter the crypto derivatives market.\
A new job post for a General Manager (Crypto Derivatives) reveals big ambitions, from building a trading platform to navigating regulation.
Revolut wants to expand its crypto services for its 50M+ global users, including institutional clients.
๐ Robinhood Buys Bitstamp for $200M
Robinhood just made a bold move by acquiring Bitstamp for $200 million in cash ๐ต
This adds 50+ licenses and boosts Robinhoodโs reach into Europe, the UK, and Asia โ way beyond its US roots.\
It follows their earlier plan to acquire Canadaโs WonderFi.
The stock market liked the move, with Robinhood shares ticking up ๐
๐ค Gen.G Teams Up with Theta Labs
In the world of esports, Gen.G and Theta Labs launched Genrang.bot, an AI mascot that chats with fans 24/7.
It works in English and Korean, and is powered by Theta EdgeCloud with backing from Google Cloud and AWS.\
Expect smarter, more engaging fan interactions across Gen.Gโs channels ๐ฎ๐ฌ
๐ฐ Yield Farming Gets Simpler
Berabaddies, a women-first crypto community, and Concrete are launching an easy-to-use vault on Berachain.
It lets users earn yield with BERA or HONEY, and Concreteโs strategy engine does the optimization work ๐ง ๐\
Finally, DeFi farming without the headache.
๐ Web3 Security Still Shaky
May 2025 brought major security incidents in Web3 over $302 million lost in just nine hacks, says CertiK.
Most of the damage came from DeFi vulnerabilities (over $241 million).\
Even though losses are down from April, code bugs and exploits remain a serious threat.
โ๏ธ SEC Faces Backlash Over Staking Rules
The SEC is under fire after releasing new guidance on staking services.\
Though some proof-of-stake chains are exempted, critics argue the policy contradicts earlier legal rulings.
Even former SEC official John Reed Stark and current Commissioner Caroline Crenshaw voiced concern.\
The crypto community is watching closely as regulation evolves.
Crypto is buzzing from bullish charts to bold moves by major players.\
The future looks promising, but security and regulation remain key themes to watch ๐