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Kazakhstan to pilot ‘CryptoCity’ for crypto payments and adoption

Kazakhstan plans to launch a pilot zone called “CryptoCity,” where cryptocurrencies can be used to pay for goods and services, according to a May 29 announcement on the official website of President Kassym-Jomart Tokayev.
Speaking at the Astana International Forum 2025, Tokayev said that Kazakhstan
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Hyperliquid trader flips $3M into $27.5M during crypto rally

A Hyperliquid trader has pulled off an explosive and high-risk trading run, turning a $3 million deposit into $27.5 million in profit in just 52 days
Between April 7 and April 9, the trader deposited nearly $3 million on the platform and placed aggressive leveraged bets, going fully long on
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Ripple’s Hidden Road debuts OTC crypto swaps in the US

Ripple’s newly acquired prime broker, Hidden Road, has launched cryptocurrency swaps for institutional investors in the United States.
The new service allows US institutional clients to trade cash-settled over-the-counter (OTC) swaps across multiple major crypto assets, as Hidden Road announced on
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5 signs that suggest Bitcoin price has 'room for further expansion'

Key takeaways:
Bitcoin’s price consolidates below its all-time high of nearly $112,000.
Whale accumulation, strong ETF inflows, and other factors suggest BTC is on track to $120,000.
Bitcoin (BTC) shows multiple onchain and technical signals that there is still more upside for BTC.
Bitcoin
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How African innovators are using blockchain to solve real problems

While blockchain headlines in the West often focus on speculation and regulation, in Africa, it’s a different story, one rooted in necessity, innovation and grassroots adoption
The latest episode of The Clear Crypto Podcast explores this ground-up revolution with Kevin Imani, head of StarkWare’s A
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GENIUS Act may cement US dollar dominance in digital economy

A key piece of US stablecoin legislation awaiting a full Senate vote may emerge as a net positive for the US dollar’s dominance in the digital asset economy.
The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act aims to set clear rules for stablecoin collateralization and
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No more ETH dumps? Ethereum Foundation turns to DeFi for cash

The Ethereum Foundation (EF) has borrowed $2 million in GHO, a decentralized stablecoin developed by Aave, in a move signaling deeper engagement with decentralized finance (DeFi) strategies.
In a May 29 X post, Aave founder Stani Kulechov said the foundation borrowed $2 million in GHO tokens. “The
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Donut Labs raises $7M to launch first ‘agentic’ crypto browser

New York-based Donut Labs has raised $7 million in a pre-seed funding round to build what it claims is the world’s first “agentic” crypto browser — a tool designed to help users interact with blockchain-based applications using artificial intelligence.
The round was led by Sequoia, Bitkraft and
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Bitcoin can reach $200K in 2025 after 'obvious' price breakout signal

Key points:
Bitcoin’s “cleanest trend indicator” is flashing bullish for the first time since mid-2024.
Previous signals mostly resulted in a BTC price blow-off top over the coming year.
Market commentators remain firmly bullish on price trajectory during consolidation after Bitcoin’s latest
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Solana signals 40% crash vs. Ethereum amid cooling memecoin craze

Key takeaways:
SOL/ETH has broken below a rising wedge pattern, signaling a potential 40% decline.
Solana’s memecoin revenue has collapsed since April, weakening its core value proposition.
Standard Chartered warns Solana may underperform as Ethereum’s L2 ecosystem grows more competitive.
Sola
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Crypto lobby group says SEC should back off regulating most DAOs

Crypto lobby group the DeFi Education Fund and the Uniswap Foundation have said the Securities and Exchange Commission should be hands-off on regulating decentralized autonomous organizations (DAOs).
The May 27 letter to SEC Crypto Task Force lead Hester Peirce argued that the agency should not
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Elon Musk leaves DOGE as job was ‘uphill battle’

Elon Musk confirmed that he’s quitting as the White House’s government cost-cutting czar after admitting it was an “uphill battle” trying to slash federal jobs and programs.
Musk’s status as a Special Government Employee leading the Department of Government Efficiency (DOGE) meant that by law, he c
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European crypto firm K33 raises $6.2M for Bitcoin buys

Norwegian crypto brokerage K33 plans to join the growing number of public companies buying up Bitcoin after raising 60 million Swedish krona ($6.2 million) to buy and hold the cryptocurrency.
K33 said on May 28 that it secured financing through convertible loans and a new issue of shares and
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Crypto vulnerable if CFTC not given authority, says ex-chair Behnam

Former Commodity Futures Trading Commission Chair Rostin Behnam has said the crypto market will remain unregulated unless the agency he led is given greater authority.
In a May 28 Bloomberg TV interview, Behnam sided with the crypto industry on its long-standing argument that cryptocurrencies are c
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