US House Speaker Mike Johnson has brushed off corruption concerns surrounding President Donald Trump’s dinner for the top holders of his memecoin and dodged answering whether the list of attendees should be released in the interest of transparency.

Johnson told CNN’s Jake Tapper on May 25 that he knew nothing about Trump’s May 22 memecoin dinner and opted not to share his opinion on the event, which 35 House Democrats have called for the Justice Department to investigate.

“We do not know who was there. The list has not been released. We do not know how much of the money came from outside the country,” Tapper told Johnson. “I really have a difficult time imagining that if this was a Democratic president doing the exact same thing, you wouldn’t be outraged.”

“Look, I don’t know anything about the dinner,” Johnson answered, claiming he “was a little busy this past week,” focusing on passing a $1.6 trillion federal budget funding bill.

“I’m not going to comment on something I haven’t even heard about. I’m not sure who was there or what the purpose was.”

Johnson then claimed Trump was “the most transparent president” in history and “has nothing to hide.”

CNN’s Jake Tapper (left) speaking with House Speaker Mike Johnson (right). Source: CNN

Democrats have called for the list of attendees of Trump’s crypto dinner event to be released, as they suspect Trump may be accepting foreign investments in violation of federal bribery statutes or the foreign emoluments clause of the Constitution.

Under the emoluments clause, the US president is barred from accepting any gift from a foreign state without the approval of Congress.

Bloomberg reported on May 7 that a majority of the attendees at the memecoin dinner would likely be foreign nationals.

Trump invited those who were among the top 220 largest holders of the Official Trump (TRUMP) memecoin to his event at the Trump National Golf Club in Virginia.

The most notable attendee was the Chinese-born Tron CEO Justin Sun, the largest holder of the TRUMP token and the biggest backer of the Trumps’ crypto platform World Liberty Financial.

Sheldon Xia, the CEO of Cayman Islands-based crypto exchange BitMart, posted pictures to X of himself at the event, while Australian crypto entrepreneur Kain Warwick told The New York Times on May 12 that he would attend the event after stocking up on enough TRUMP to break into the top 25 investors on the leaderboard.

In a separate May 22 press conference, several Democrats called for the release of Trump’s memecoin dinner list.

One of those speaking was Senator Elizabeth Warren, a fierce crypto critic who called Trump’s memecoin dinner an “orgy of corruption.”

Democrats call for Trump to cut crypto ties entirely

Several House Democrats, led by Maxine Waters, introduced the “Stop TRUMP in Crypto Act” on May 22 to prevent Trump and his family from profiting off crypto while in office. 

Trump has used the “power of the presidency to shamelessly promote and profit” from a series of crypto ventures, Waters said in a statement.

Related: Senators plan to amend GENIUS Act to address Trump family’s stablecoin

Waters pointed to the TRUMP memecoin, which she claims has increased Trump’s net worth by over $350 million, as well as his involvement in World Liberty Financial and the platform’s stablecoin, USD1.

An additional 14 US lawmakers supported the bill, including Nydia Velázquez, Brad Sherman and Gregory Meeks.

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American banking and financial industry advocacy groups have petitioned the Securities and Exchange Commission to repeal its cybersecurity incident public disclosure requirements. 

Five US banking groups led by the American Bankers Association asked the regulator to remove its rule in a May 22 letter, arguing that disclosing cybersecurity incidents “directly conflicts with confidential reporting requirements intended to protect critical infrastructure and warn potential victims.”

The group, which also included the Securities Industry and Financial Markets Association, the Bank Policy Institute, Independent Community Bankers of America and the Institute of International Bankers, claimed that the rule compromises regulatory efforts to enhance national cybersecurity.

The SEC’s Cybersecurity Risk Management rule, published in July 2023, requires companies to rapidly disclose cybersecurity incidents such as data breaches or hacks. However, the banking groups argue this rule was flawed from the start and has proven problematic in practice since taking effect.

The banking bodies said that the “complex and narrow disclosure delay mechanism” interferes with incident response and law enforcement and creates “market confusion” between mandatory and voluntary disclosures. 

Public disclosure has also been “weaponized as an extortion method by ransomware criminals to further malicious objectives,” and premature disclosures worsen insurance and liability issues for companies and “risks chilling candid internal communications and routine information sharing,” the group claimed. 

Some of the banking groups’ claims and fears regarding the ruling. Source: SIFMA

The groups specifically want “Item 1.05” to be rescinded from the SEC’s rules for Form 8-K reporting and parallel reporting requirements applicable to Form 6-K. 

Form 8-K is used to publicly notify investors in US public companies of specified events, including cybersecurity incidents, that may be important to shareholders or the SEC. 

“Critically, without Item 1.05, investor interests will still be protected, and we believe they would be better served through the pre-existing disclosure framework for reporting material information, which may include material cybersecurity incidents,” the groups stated.

Related: Hackers using fake Ledger Live app to steal seed phrases and drain crypto

The full petition included examples of confusion from participants, specific incidents of ransomware attacks and documented regulatory conflicts. 

Public crypto companies impacted 

The requirement also impacts publicly listed crypto companies such as Coinbase, which disclosed earlier this month that hackers had bribed its support staff to leak its user data.

The disclosure saw the company hit with at least seven lawsuits over the disclosure.

Coinbase said that it rejected a $20 million ransom demand after staff leaked user data in a major phishing attack, which the exchange said could cost it up to $400 million in damages.

If the SEC rescinds the requirement, it may give firms such as Coinbase more time to disclose cybersecurity incidents to the public. 

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Coinbase and two executives have been hit with another proposed class-action lawsuit over the crypto exchange’s stock price drop after disclosing a user data breach earlier this month and for allegedly failing to disclose a violation of an agreement with a UK regulator.

Coinbase investor Brady Nessler said in a May 22 lawsuit filed in a Pennsylvania federal court that the data breach and the alleged broken agreement with the UK’s Financial Conduct Authority resulted in a “precipitous decline in the market value of the Company’s common shares,” causing stockholders to suffer “significant losses and damages.”

Coinbase said on May 15 that its damages bill could run up to $400 million after it was hit with a $20 million extortion attempt four days earlier, with several of its customer support agents bribed to access internal systems and steal a limited amount of user account data.

Nessler claimed Coinbase (COIN) shares dropped by 7.2% to close at $244 on May 15 as a result of the disclosure. However, the stock did stage a comeback, spiking 9% and hitting $266 by the closing bell on May 16, according to Google Finance. 

Coinbase stock closed down over 3% on May 23 at $263, falling another $1.62 after the bell. COIN is up nearly 6% so far this year.

Coinbase is down from the May 23 trading session. Source: Google Finance

Nessler’s complaint is seemingly the first to argue damages caused by Coinbase’s stock drop following its breach disclosure in a series of recent class-action lawsuits over the incident.

The crypto exchange was hit with at least six lawsuits in the days after disclosing the data breach, all accusing it of mishandling the incident and failing to protect their data. 

UK agreement breach hurt stock, suit says

The FCA fined Coinbase’s UK arm $4.5 million in July 2024 for breaching a 2020 voluntary agreement preventing the exchange from onboarding customers considered high risk by the regulator.

The FCA said Coinbase onboarded 13,416 customers that the regulator considered high-risk and offered them crypto services.

Related: Coinbase presses to axe rule banning SEC staff from holding crypto

Nessler said in the suit that the fine saw Coinbase’s stock fall by over 5%, closing at $231.52 on July 25, 2024.

Nessler also claimed that Coinbase didn’t disclose it had breached this agreement when the exchange first listed its shares on the Nasdaq in April 2021, and as a result, “the market price of the Company’s securities had been artificially inflated.” 

Nessler claims that had she known about the agreement violation, she would not have purchased the stock at the “artificially inflated prices.”

Coinbase did not immediately respond to a request for comment.

The class suit was filed on behalf of anyone who bought Coinbase stock between April 14, 2021, and May 14, 2025, and is asking for damages and a jury trial. Coinbase CEO Brian Armstrong and chief financial officer Alesia Haas are also named as defendants.

Another lawsuit filed in Illinois on May 13, alleges Coinbase failed to notify users in writing of the collection, storage, or sharing of their biometric data and the purpose and retention schedule for their data.

Magazine: Bitcoin bears eye $69K, CZ denies WLF ‘fixer’ rumors: Hodler’s Digest, May 18 – 24

Blockstream CEO Adam Back has led a 21 million Swedish krona ($2.2 million) funding round in the Swedish health tech company H100 Group AB, which last week said it would start buying Bitcoin.

H100 said on May 25 that the funds, secured through 0% interest convertible loans, will be used to purchase Bitcoin (BTC) in line with its Bitcoin-buying pivot announced on May 22.

Back, a longtime Bitcoin cypherpunk, contributed around $1.4 million, while the remaining $800,000 came from investment firms Morten Klein, Alundo Invest AS, Race Venture Scandinavia AB and Crafoord Capital Partners.

The raise would allow H100 to buy around 20.18 Bitcoin at current market prices, which would add to the 4.39 Bitcoin that it purchased on May 22 and bring its total stash to roughly 24.57 Bitcoin.

Source: H100

H100 said the convertible loans bear no interest and will mature on June 15, 2028. The loan may be converted into shares at any time at a conversion rate of 1.3 Swedish krona (11 US cents) per share.

If H100’s share price maintains a volume-weighted average price of more than 33% above the conversion price for a cumulative total of 60 trading days, H100 has the right to mandate a conversion of the loan into equity.

A full conversion would result in the issuance of roughly 16,153,900 new shares, corresponding to a dilution of approximately 12%.

H100 shares bounced on Bitcoin buy

Shares in H100 jumped 37% on the firm’s May 22 announcement and rose another 5.33% the following day to 1.29 SEK (14 US cents), Bloomberg data shows.

Related: Cardone Capital launches 10X Miami River Bitcoin Fund

H100 sells health tools for individuals who don’t want to rely on the “reactive health system,” the company’s CEO, Sander Andersen, said in a May 22 X post.

Andersen believes “the values of individual sovereignty highly present in the Bitcoin community aligns well with, and will appeal to, the customers and communities we are building the H100 platform for.”

According to H100, the move makes it the first public company in Sweden to adopt a Bitcoin treasury policy and one of the first in Europe.

The number of companies buying Bitcoin as a treasury asset is on the rise, with 112 public firms now holding the cryptocurrency, according to BitcoinTreasuries.NET data.

Ten of those corporate Bitcoin holding companies are based in Europe, making H100 one of the first in the region to adopt the trend.

Magazine: Danger signs for Bitcoin as retail abandons it to institutions: Sky Wee

Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code “overflow” check.

According to the report, the hackers exploited a flaw in the most significant bits (MSB) check, allowing them to manipulate the values for the liquidity parameters by orders of magnitude and establish relatively large positions with a keystroke. The Dedaub security researchers wrote:

“This allowed them to add massive liquidity positions with just one unit of token input, subsequently draining pools collectively containing hundreds of millions of dollars worth of tokens.”

The incident and the post-mortem update reflect the unfortunate trend of cybersecurity exploits and hacks impacting crypto and the Web3 industry.  

Executives in the industry have continually warned that industry firms must establish safeguards and protect users before regulators clamp down and impose safeguards on the industry.

The flawed MSB check. Source: Dedaub

Related: Twice lucky? Cetus’ recovery plan on Sui mirrors a Solana blueprint

Cetus decentralized exchange hacked, triggering $223 million in losses

On May 22, the Cetus exchange was hacked, causing $223 million in user losses within a 24-hour period.

Cetus and the Sui Foundation also announced that Sui network validators froze a majority of the stolen assets.

$163 million of the $223 million was frozen by validators and ecosystem partners on the same day as the hack, according to the Cetus team.

Response draws criticisms and allegations of centralization

The decision to freeze the stolen funds drew mixed reactions from the crypto community, with decentralization advocates criticizing the validators for stepping in and controlling the chain.

“Sui validators are actively censoring transactions across the blockchain,” one user wrote on X, echoing many other posts.

Source: Sui

“This completely undermines the principles of decentralization and transforms the network into nothing more than a centralized, permissioned database,” the post continued.

“It’s interesting how many Web3 projects backed by VCs lean heavily on centralization, despite borrowing Bitcoin’s ethos,” Steve Bowyer wrote in a May 23 X post.

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Cardone Capital, a real estate investment firm with over $5 billion in assets under management, launched the 10X Miami River Bitcoin Fund, a dual-asset fund consisting of a 346-unit multifamily commercial property located on the Miami River in Miami, Florida, and $15 million of Bitcoin (BTC).

In an interview with Cointelegraph, Cardone Capital founder and CEO Grant Cardone said the Miami River Bitcoin Fund, which is the firm’s fourth blended investment vehicle mixing BTC and commercial multifamily real estate, will convert a portion of its monthly cash flows to BTC.

Cardone told Cointelegraph the impetus to start the fund followed a suggestion from his brother. The CEO said:

“My brother said to me, you should look at if you would have converted all your cash flow from real estate to Bitcoin and what that would have done over the last 12 years. Well, it would have taken $160 million and turned it into around $3 billion.”

“So, when I saw that, I said I am going to create a fund where we buy real estate, add bitcoin, and then use the cash flow from the real estate purchase to buy more Bitcoin,” the CEO continued.

Projected growth of the real estate fund with BTC vs traditional real estate returns. Source: Cardone Capital

The CEO also told Cointelegraph that the long-term goal of Cardone Capital is to accumulate $1 billion of real estate and $200 million in BTC, which will be held as a treasury asset, across the hybrid funds.

The funds’ unique approach of blending income-producing hard assets and Bitcoin as a store of value could disrupt the market for real estate investment trusts (REITs), market-traded funds giving investors access to baskets of income-producing properties, and other traditional commercial real estate investment vehicles.

Related: US real estate asset manager launches $100M tokenized fund with institutional backing

Onboarding users to Bitcoin by abstracting away the technical barrier to entry

The CEO added that he wants to onboard investors and tenants alike to Bitcoin and expose them to the digital asset, without them necessarily having to acquire the technical knowledge to understand how Bitcoin works.

A rewards program, paid in Satoshis, to long-term tenants, who pay on time and exhibit good renter behavior, is one idea the real estate investment firm is mulling, Cardone told Cointelegraph.

Grant Cardone, founder and CEO of Cardone Capital. Source: Cardone Capital

One of the goals of the hybrid real estate BTC funds is to drive the adoption of Bitcoin and provide investors, who would otherwise avoid Bitcoin due to having to overcome the technical barrier to entry, with exposure to the digital asset, the CEO said.

“We are onboarding people into a real estate vehicle that they understand and buying Bitcoin for them,” the CEO added.

Cardone also told Cointelegraph that he is working with other financial firms to create a hybrid Bitcoin mortgage product giving clients the ability to borrow against their combined Bitcoin holdings and equity held in a real estate investment.

Magazine: NBA star Tristan Thompson misses $32B in Bitcoin by taking $82M contract in cash

Key takeaways:

Rising bond yields reflect growing concern about fiscal stability and inflation, leading some investors to question US Treasury’s traditional role as a safe-haven asset.

Bitcoin defies conventional risk models, rising not despite worsening macro conditions, but possibly because of them.

Bitcoin (BTC) climbed to new heights amid an increasingly fragile global macroeconomic backdrop. Bond yields are surging in the US and Japan, global growth is stalling, and consumer confidence in the US is scraping historic lows.

Paradoxically, the very macro conditions that once threatened Bitcoin’s price are now fueling its rise. The shift speaks to a broader transformation in how investors interpret risk and where they seek refuge. At the center of this realignment is the US debt crisis and ballooning Treasury yields, which were once considered the safest assets in the world.

Why are US Treasury yields so important?

When US bond yields rise, the cost of servicing its national debt increases sharply — a critical issue given that US debt has now surpassed $36.8 trillion, and the interest payments are expected to total $952 billion in 2025.

US President Donald Trump made it clear on several occasions that lowering yields was among his top economic priorities. However, this may prove far more difficult than he expected, as the two most reliable methods to achieve it both need to come from the US Federal Reserve. Lowering interest rates would make newly issued bonds yield less, making existing higher-yielding bonds more attractive, pushing up their price and lowering their effective yield. Another way is through quantitative easing (QE), where the Fed would buy large amounts of bonds on the open market, thus increasing demand and lowering yields.

The Federal Reserve is currently resisting both strategies and taking caution not to reignite inflation, particularly amid the ongoing tariff war. Even if Trump finds a legal or quasi-legal way to pressure Fed Chair Jerome Powell, it could backfire by eroding investor confidence and producing the opposite of the intended effect.

Investors do not appreciate political meddling with the foundations of the US and global economy, and their confidence is already fragile. In times of instability, investors traditionally flock to government bonds as a safe haven. But today, the opposite is happening. Investors are turning away from Treasurys, suggesting the problems in the US economy are too large to ignore. The recent loss of the US government’s last AAA credit rating is a stark confirmation.

The worrying yield surge in the US and Japan

On May 22, the yield on the US 30-year bond hit 5.15% — its highest since October 2023, and before that, a level not seen since July 2007. The 10-year yield now stands at 4.48%, the 5-year yield at 4%, and the 2-year yield at 3.92%. 

US bond yields: 30Y, 10Y, 5Y, and 2Y. Source: TradingView

For the first time since October 2021, the US 5-Year to 30-Year bond spread has steepened to 1.00%. This suggests markets are pricing in stronger growth, persistent inflation, and a “higher for longer” rate environment. 

Related: Bitcoin price hit a new all-time high and data shows BTC bulls aren’t done yet

Compounding the problem is Japan, the largest foreign holder of US Treasurys. Japanese investors currently hold $1.13 trillion in US government debt, $350 billion more than China. For decades, Japanese institutions borrowed cheaply at home to invest in US bonds and stocks — a strategy known as the carry trade.

This era may be ending. In March 2024, the Bank of Japan started raising interest rates from -0.1% to 0.5% now. Since April, the Japanese 30-year bond yield has surged by 100 basis points, reaching an all-time high of 3.1%. The 20-year bond yields rose to 2.53%, a level not seen since 1999. 

On May 19, Prime Minister Shigeru Ishiba even warned the country’s parliament that his debt-strapped government’s position was “worse than Greece” — a startling admission for a country with a 260% debt-to-GDP ratio.

30-year government bonds.Source: LSEG Datastream

Interestingly, the surge in long-dated Japanese bonds wasn’t matched by shorter maturities. The 10-year bond yield is 1.53%, and the 5-year bond yield is just 1%. As Reuters noted, this suggests a strategic shift by large Japanese pension and insurance funds as the Bank of Japan “normalizes” interest rates. These institutions may now be reassessing both duration risk and foreign bond exposure, which spells potential trouble for US Treasurys if (or when) they begin unwinding their holdings.

Will bond volatility continue to impact Bitcoin price?

As the US continues down the debt spiral, and Japan might be starting its own, the global economy is nowhere near recovery, and that could be a good sign for Bitcoin.

Traditionally, rising bond yields would drag down risk assets. Yet stocks and Bitcoin continue climbing. This divergence suggests investors may be moving away from the traditional playbook. When confidence in the system erodes, assets outside it, like stocks and Bitcoin, begin to shine, even if they are considered risk-on. 

What’s more, between Bitcoin and US stocks, an increasing number of institutions choose Bitcoin. As The Kobeissi Letter noted, net 38% of institutional investors were underweight US equities in early May, the lowest since May 2023, according to BofA.

FMS US equity allowance. Source: BofA Global Research

Meanwhile, according to CoinGlass, total inflows into spot Bitcoin ETFs continue to grow, with assets under management now exceeding $104 billion, an all-time high. This surge suggests that institutional capital is beginning to recognize Bitcoin not just as a high-performing asset, but as a politically neutral store of value, akin to gold. In an era of mounting instability in fiat debt-based economies, Bitcoin is emerging as a credible alternative, offering a monetary system grounded in predictability and decentralization. With a market cap still well below gold’s $22 trillion or even the $5.5 trillion in base dollars (not including debt), Bitcoin remains significantly undervalued.

Interestingly, the current situation supports both of Bitcoin’s once-contradictory narratives: It is acting as a high-yield risk asset and a safe haven store of value. In a world where old frameworks are failing, Bitcoin’s dual role may no longer be an anomaly, but a sign of what’s to come.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Key points:

Bitcoin price is stuck below $109,588, but the pullback has not altered its bullish chart structure.

A bullish weekly open from Bitcoin could extend gains in HYPE, XMR, AAVE, and WLD.

Bitcoin (BTC) remains stuck below the $109,588 level during a quiet weekend, but analysts remain bullish. Material Indicators co-founder Keith Alan said in a post on X that Bitcoin remains positive as long as it trades above the yearly open level of about $93,500. 

Bitcoin’s demand is likely to remain strong with investments from sovereign wealth funds, exchange-traded funds, publicly listed companies and select nations. Crypto index fund management firm Bitwise said in a recent report that institutional funds could pump roughly $120 billion into Bitcoin in 2025 and about $300 billion in 2026.

Crypto market data daily view. Source: Coin360

While the long-term picture looks promising, traders need to be careful in the near term. The failure to swiftly push the price back above $109,588 could attract profit-booking by short-term traders. If Bitcoin pulls back, several altcoins could also give up some of their recent gains.

Could Bitcoin rise back above $109,588, pulling altcoins higher? If it does, let’s look at the cryptocurrencies that look strong on the charts.

Bitcoin price prediction

Bitcoin dropped back below the breakout level of $109,588 on May 23, and the bears thwarted attempts by the bulls to push the price back above the overhead resistance on May 24.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The bulls will again attempt to drive the price above the $109,588 to $111,980 overhead resistance zone. If they manage to do that, the BTC/USDT pair could rally to the target objective of $130,000.

The 20-day exponential moving average (20-EMA) ($104,199) is the critical level to watch out for in the near term. If the support cracks, the pair could plummet to $100,000 and later to the 50-day simple moving average ($94,916).

BTC/USDT 4-hour chart. Source: Cointelegraph/TradingView

The bears have pulled the price below the 50-day simple moving average (50-SMA). The 20-EMA has started to turn down, and the relative strength index has dipped into negative territory, signaling that the bears have the upper hand. If the price sustains below the 50-SMA, the pair could descend to $102,500 and later to $100,000.

Buyers will regain control if they push and maintain the price above the $109,588 resistance. The pair could then challenge the $111,980 level. A break above $111,980 could open the doors for a rally to $116,654.

Hyperliquid price prediction

Hyperliquid (HYPE) has broken above the $35.73 resistance, indicating that the bulls have kept up the pressure.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

If the price sustains above $35.73, the HYPE/USDT pair could pick up momentum and surge to $42.25. Sellers will try to halt the up move at $42.25, but if the bulls prevail, the pair could skyrocket to $50.

Sellers are likely to have other plans. They will try to pull the price back below the breakout level of $35.73. If they do that, the pair could drop to the $32.15 support, where buyers are expected to step in. 

HYPE/USDT 4-hour chart. Source: Cointelegraph/TradingView

The pair bounced off the 20-EMA and cleared the overhead barrier at $35.73. If the price remains above $35.73, it suggests that the bulls are trying to flip the level into support. The pair could then attempt a rally to $42.25.

This optimistic view will be negated in the near term if the price turns down sharply and breaks below the 20-EMA. That could trap several aggressive bulls, pulling the pair to $32 and subsequently to $28.50.

Monero price prediction

Monero (XMR) soared above the $391 resistance on May 21, indicating that the bulls remain in control.

XMR/USDT daily chart. Source: Cointelegraph/TradingView

The sharp rally of the past few days has kept the RSI in the overbought zone, suggesting that the bulls remain in command. If buyers maintain the price above $412, the XMR/USDT pair could resume its uptrend toward $456.

Sellers will have to yank the price below the $375 level to weaken the bullish momentum. That could attract selling by short-term buyers, pulling the pair to the 20-day EMA ($347). A break and close below the 20-day EMA suggests a short-term trend change.

XMR/USDT 4-hour chart. Source: Cointelegraph/TradingView

The pair is finding support at the 20-EMA, indicating that the bulls remain in control. If the price rises above $412, the uptrend could start the next leg of the uptrend to $456.

Alternatively, a break and close below the 20-EMA suggests that the bulls are rushing to the exit. That could tug the price to the 50-SMA, which is likely to witness buying by the bulls. A bounce off the 50-SMA could face selling at the 20-EMA. If the price turns down from the 20-day EMA, the likelihood of a break below the 50-SMA increases. The pair could then tumble to $332.

Related: What’s the HYPE about? Hyperliquid’s ‘Solana’ moment eyes 240% gains

Aave price prediction

Aave (AAVE) successfully held the retest of the breakout level of $240 on May 23, indicating demand at lower levels.

Edit the caption here or remove the text

The rising 20-day EMA ($231) and the RSI in the overbought zone show that the bulls have the edge. The AAVE/USDT pair could rally to the $285 level, which is expected to behave as a strong resistance. If buyers overcome the barrier at $285, the up move could extend to $300 and later to $350.

Any pullback is expected to witness solid buying at the 20-day EMA. If the price rebounds off the 20-day EMA, the bulls will again try to pierce the overhead resistance. The bears will be back in the game on a break below the 20-day EMA. 

AAVE/USDT 4-hour chart. Source: Cointelegraph/TradingView

The pair has pulled back to the 20-EMA, which is an important level to watch out for. If the price rebounds off the 20-EMA, the bulls will try to propel the pair above $285. If they succeed, the pair could rally to $300.

Conversely, if the price breaks below the 20-EMA, the pair could slide to the 50-SMA and later to $240. A bounce off $240 is expected to face selling at the 20-EMA. If the price turns down sharply from the 20-EMA, it increases the risk of a drop to $217.

Worldcoin price prediction

Worldcoin’s (WLD) recovery is facing selling at $1.65, but a minor positive is that the bulls have not allowed the price to dip below the 20-day EMA ($1.20).

WLD/USDT daily chart. Source: Cointelegraph/TradingView

The upsloping moving averages and the RSI in the positive territory indicate an advantage to buyers. If the price turns up from the current level or the 20-day EMA, the bulls will again attempt to shove the price above the $1.65 resistance. If they can pull it off, the WLD/USDT pair could rally to $2.50. There is resistance at $1.89, but it is likely to be crossed.

This positive view will be invalidated if the price turns down and breaks below the 20-day EMA. The pair could then decline to the 50-day SMA ($0.99).

WLD/USDT 4-hour chart. Source: Cointelegraph/TradingView

The bears have pulled the price below the 20-EMA, indicating the start of a deeper correction toward the 50-SMA. The bulls will try to start a rebound off the 50-SMA but are likely to meet stiff resistance at the 20-EMA. If the price turns down from the 20-EMA and breaks below the 50-SMA, the pair could plunge to $1.09.

The first sign of strength will be a break and close above the downtrend line. The pair could then rise to $1.52 and subsequently to $1.65.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company amid the recent dip from the all-time high of $112,000 reached on May 22.

“I only buy Bitcoin with money I can’t afford to lose,” Saylor wrote to his 4.3 million followers in an X post.

The company’s most recent purchase of 7,390 BTC on May 19, valued at nearly $765 million, brought Strategy’s total holdings to 576,230 BTC.

If Strategy completes the acquisition on May 26, it will mark the company’s seventh consecutive week of Bitcoin purchases.

Strategy’s Bitcoin purchases over time and major metrics. Source: SaylorTracker

Strategy has become synonymous with Bitcoin, as the company continues stacking large amounts of BTC for its corporate treasury and inspiring other companies to pivot to a Bitcoin treasury plan, creating a sustained demand for the digital asset from institutional players and helping bolster the price of BTC.

Related: Jim Chanos takes opposing bets on Bitcoin and Strategy

BTC to propel Strategy into a $10 trillion enterprise, leaving other companies in the dust?

Market analyst Jeff Walton recently said that Strategy may become a $10 trillion company and potentially command the title of the most valuable publicly traded corporation in the world due to its growing Bitcoin stockpile.

“Strategy holds more of the best assets, and the most pristine collateral, on the entire planet than any other company, by multiples,” Walton told the Financial Times in a documentary about the company.

The analyst added that most companies typically face challenges raising hundreds of millions of dollars in capital, but Strategy has been able to raise billions of dollars in under two months.

Whereas most companies would spend this capital to overhaul the production process or on operational costs, Strategy uses the depreciating fiat money raised from creditors and equity holders to purchase a rapidly appreciating asset for its balance sheet.

Michael Saylor previously forecasted that the price of Bitcoin would reach millions of dollars per coin in the coming decades, arguing that the supply-capped asset features an asymmetric upside against all fiat currencies that have no supply cap.

However, Bitcoin has struggled to reach the $150,000 level in the short term. Saylor blamed the sluggish price action on investors taking profits prematurely and rotating out of BTC due to a lack of long-term conviction.

Magazine: Metric signals $250K Bitcoin is ‘best case,’ SOL, HYPE tipped for gains: Trade Secrets

Opinion by: Darren Carvalho, Co-Founder and Co-CEO of MetaWealth

During Paris Blockchain Week, Securitize Chief Operating Officer Michael Sonnenshein made headlines by dismissing real estate as a sub-optimal asset class for tokenization. This isn’t the first time crypto leaders have underestimated the merits of bringing real estate onchain, and it is likely not the last. While I respect Sonnenshein’s contributions to digital asset adoption, his assessment misses fundamental points about real estate tokenization’s transformative potential.

Real estate represents the world’s largest asset class and is projected to reach a value of $654.39 trillion this year, according to Statista. When industry leaders claim that this massive market isn’t suitable for tokenization, they overlook today’s transformative infrastructure and the core value proposition that extends far beyond liquidity, transforming access to the asset class.

Replacing traditional foundations

Sonnenshein argues that “good systems” already exist for traditional assets. He implies that tokenization offers marginal improvements at best, but this assessment overlooks fundamental inefficiencies in today’s real estate market that tokenization addresses.

The current real estate transaction process involves weeks of paperwork. Within the UK, there are a number of purchasing fees which can easily add 10% to the total bill. Settlement periods can extend to months and complexity multiplies exponentially for cross-border transactions.

These aren’t minor flaws. They’re systemic failures that tokenization technology is uniquely positioned to solve. Take smart contracts’ ability to automate compliance, for instance, enabling verification and payment distribution while reducing fraud through immutable record-keeping.

Redefining demand beyond liquidity

When Sonnenshein says “the onchain economy is demanding more liquid assets,” he misinterprets what everyday investors truly demand. For the 99% excluded from institutional-grade real estate investments, the primary task is not Bitcoin-like liquidity; it’s meaningful access to an asset class that has built more wealth than any other over the past century.

Traditional real estate investment vehicles require significant sums as minimum investments, accredited investor status and multi-year capital lockup periods. These barriers effectively exclude teachers, nurses and middle-class families from participating in prime real estate properties that have historically delivered consistent returns for investors.

Recent: Dubai Land Department begins real estate tokenization project

Tokenization fundamentally changes this equation. Fractionalizing ownership through tokenization, investors can now participate with as little as $100, receive proportional income distributions and eventually trade their positions on specialized secondary markets. The demand for this democratized access is enormous, even if secondary market liquidity initially lags behind liquid markets.

Translation problems? Not quite

Sonnenshein also suggests that tokenization does not “translate well” to representing ownership in real estate. This assessment overlooks the blockchain’s revolutionary capability to enable fractional investments in properties that were previously accessible only to institutional investors.

Tokenization technology excels precisely at creating transparent, secure fractional investment opportunities with minimal overhead. A $50 million residential development project can be divided into 500,000 tokens, each getting an equal share of the rental income and potential appreciation. This dramatically lowers barriers to entry while maintaining the core benefits of real estate as an asset class.

This fractionalization fundamentally transforms how people can build wealth through real estate. Previously, REITs offered the only realistic path to diversified property exposure, often with high fees, no control and limited transparency. Tokenization allows investors to build personalized portfolios across multiple property types, all managed through a single digital wallet.

What does not “translate well” isn’t the technology. Outdated regulatory frameworks and incumbent business models resist this necessary evolution. The UAE government recognizes this reality, supported by its recent initiative to tokenize $1 billion in real estate assets.

Building tomorrow’s infrastructure

The conservative stance on RWA growth projections misses the accelerating infrastructure development underway. BlackRock’s tokenized money market fund BUIDL is quickly approaching $3 billion in assets, demonstrating a significant institutional appetite for tokenized investment vehicles. This isn’t an isolated case.

UBS Asset Management, Hamilton Lane, Franklin Templeton and many more have launched tokenized investment vehicles, signaling a fundamental shift in how traditional finance views tokenization technology.

What critics consistently underestimate is the network effect of financial infrastructure. Each institutional entrant doesn’t just add linearly to the ecosystem. It exponentially increases connectivity and liquidity pools. We’re witnessing the early stages of a self-reinforcing cycle where each new participant reduces friction for subsequent entrants.

The narrative shouldn’t center on current limitations. Instead, there should be a spotlight on what’s being built. Secondary marketplaces optimized for real-world assets are emerging, regulatory clarity is increasing in key jurisdictions, and each development strengthens the foundation for mass adoption at a pace that will likely surprise today’s skeptics.

Democratized wealth creation

Institutional investors have enjoyed privileged access to the most profitable real estate investments for decades, while retail investors were limited to residential properties or high-fee REITs. Tokenization breaks this paradigm by allowing anyone to build a diversified property portfolio spanning commercial, residential and industrial assets across multiple geographies.

When crypto leaders dismiss real estate tokenization based solely on liquidity metrics, they apply the wrong measurement standard. The transformative potential lies in democratizing access to an asset class that has created more millionaires than any other investment vehicle in history.

The endgame of real estate tokenization is making institutional-grade property investments accessible to everyone. The adoption of tokenized real estate and other real-world assets will continue to grow despite skepticism from executives who miss the forest for the trees.

Opinion by: Darren Carvalho, Co-Founder and Co-CEO of MetaWealth.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.