Wall Street financial firm Cantor Fitzgerald has closed its first Bitcoin lending deal nearly a year after announcing its crypto lending services. According to a May 27 Bloomberg report, Cantor provided Bitcoin-backed loans to FalconX and Maple Finance. FalconX, a digital asset broker, said it secured a facility worth over $100 million as part of a “broader credit framework,” while Maple Finance reportedly closed the first tranche of an agreement with Cantor. The service allows companies holding Bitcoin to borrow funds and use the cryptocurrency as collateral, providing a way to unlock liquidity without selling their BTC holdings. Cantor announced its Bitcoin financing business with an initial capital of $2 billion in July 2024, targeting institutional investors seeking to leverage their Bitcoin. At the time, the company said Anchorage Digital and Copper would serve as custodians and collateral managers in the venture. Credit markets are a fundamental part of the financial system, allowing capital to flow between borrowers and lenders and supporting economic activity across sectors. Their central role also means they can contribute to financial distress when risks are mismanaged. While mirroring some functions of traditional finance, crypto credit markets have been operating with less regulatory oversight. Digital asset crisis of 2022 This dynamic was evident during the 2022 crisis in the digital asset sector. Celsius Network, once a leading crypto lending platform, collapsed after engaging in risky financial practices and facing allegations of fraud. Similarly, BlockFi filed for Chapter 11 bankruptcy in November 2022 following significant exposure to the collapse of crypto exchange FTX. According to a report from Galaxy, the total crypto lending market, including crypto-backed collateralized debt positions (CDPs) tied to stablecoins, stood at $36.5 billion in the last quarter of 2024, marking a 43% decline from its all-time high of $64.4 billion in 2021. Despite the broader contraction, onchain lending platforms have seen a dramatic rebound, with open borrowed positions surging to $19.1 billion by Q4 2024, a 959% increase over two years. Crypto lending markets remain well below their Q1 2022 peak. Source: Galaxy Cantor’s crypto arm Cantor is one of the most traditional financial services companies in the United States. Founded in 1945, it offers a range of services for institutions, including investment banking, brokerage, equity and fixed-income sales and trading. The company claims to serve over 5,000 clients across 20 countries. The company’s CEO, Howard Lutnick, has been an advocate for classifying Bitcoin as a commodity, akin to gold and oil, and has called for clearer regulatory frameworks for cryptocurrencies in the US. Lutnick was also appointed to co-lead US President Donald Trump’s transition team in 2024. Cantor is also one of the managers of Tether’s US Treasury securities portfolio backing its stablecoin. In early 2024, the firm acquired a 5% stake in Tether. Magazine: Unstablecoins: Depegging, bank runs and other risks loom
Cryptocurrency analysis firm Alphractal has published a remarkable assessment of the Bitcoin market. By examining derivatives trading data from the past four years, the company identified price zones where Bitcoin showed low trading volume and weak trading activity. It was noted that these zones could be retested in the coming months. According to Alphractal’s analysis, Bitcoin has historically traded sparsely at $99,000, $89,000, $81,000, $77,000, and $74,000. Such low-volume zones coincide with periods of rapid price movement or weak investor interest. The firm said these gaps are typically retested within a year. Related News: Bitcoin's Mega Rally Has Stalled: What's Next? What Are the Key Levels? On the other hand, it is observed that US-based investors have returned to the market strongly. Alphractal stated that during Bitcoin's recent rise, the Coinbase Premium Index has moved back into positive territory. This index measures the price difference between Coinbase and other major exchanges. A positive index indicates that buying pressure is increasing in the US market and means that Bitcoin is trading at a premium to Coinbase. Alphractal stated that this development particularly reflects the optimism of institutional investors and capital inflows originating from the US. The company states that this signal should be monitored carefully. *This is not investment advice. Continue Reading: Analysis Firm Warns: “Bitcoin Price Will Not Forget These 5 Levels, May Test Them”
U.S. stocks soared Tuesday after President Donald Trump agreed to delay a proposed 50% tariff on European Union imports. This pause eased investor concerns over an escalating trade war and paved the way for accelerated negotiations. The Dow Jones Industrial Average rose nearly 740 points while the S&P 500 climbed 2.05%. The tech-heavy Nasdaq Composite jumped 2.46%, with shares of Nvidia, Tesla, and Apple posting strong gains. Markets reopened following the Memorial Day holiday to a flurry of positive signals. U.S. President Donald Trump said over the weekend that the tariff hike, initially set for June 1, would be pushed back to July 9 following talks with European Commission President Ursula von der Leyen. The European Union, in turn, agreed to expedite trade discussions in hopes of averting the “mutual pain of tariffs,” according to EU trade chief Maroš Šefčovič. You might also like: Is XRP a smart investment choice? Ways to boost returns in 2025 Consumer confidence rebound Investor sentiment was further buoyed by a rebound in consumer confidence, which rose in May after five months of declines. Tuesday’s broad market rally saw more than 90% of S&P 500 components close higher. Small-cap stocks also gained, with the Russell 2000 up more than 2%. The optimism extended to the bond market, where U.S. Treasurys rallied and yields fell . The 10-year yield slipped to 4.43%, while the 30-year yield dropped to 4.94%. The dollar strengthened, and global bond markets responded positively to speculation that Japan will scale back long-term bond issuance after recent volatility. Investors are now turning attention to a busy week of economic data and earnings. Minneapolis Fed President Neel Kashkari called for the central bank to hold interest rates steady amid ongoing trade uncertainty. Meanwhile, Nvidia is set to report quarterly results Wednesday, with Okta, Macy’s, and Costco also on deck. Tuesday’s rally helped reverse last week’s losses, which were triggered by Trump’s initial tariff threats. Analysts say the back-and-forth has kept markets volatile but hopeful. You might also like: Kyvo and Optio Community partner with HolyDeeds to bridge faith and technology
Bitcoin is hovering near $110,000 on Tuesday, and on-chain data suggests capital is rotating from the leading cryptocurrency into altcoins like XRP, Solana, and Cardano. Ethereum-rival Solana and top-five crypto XRP are now competing for dominance in both retail and institutional portfolios this cycle. Legendary trader Peter Brandt recently reignited the debate on X, asking followers to choose between XRP and Solana ( SOL ) for a hypothetical $100,000 investment. The statement led to an intense debate, with latest catalysts supporting the price trend for both altcoins, it rages on. Table of Contents XRP vs. Solana Catalysts driving gains in XRP Catalysts driving SOL gains XRP and Solana price forecast To buy or not to buy: XRP or Solana for $100,000? XRP vs. Solana XRP, the native token of the XRP Ledger, currently holds a market capitalization of $135.65 billion, compared to Solana’s $91.66 billion. Both rank in the top 10 cryptocurrencies by market cap. Recent developments in the U.S. Securities and Exchange Commission vs. Ripple lawsuit triggered the re-listing of XRP across major exchanges, contributing to its return to the top five cryptos by market cap. Ethereum’s ( ETH ) slowdown and technical complexity associated with developing on the platform led to the rise of Solana and Layer 2 chains. Solana-based DEXes and meme coin launchpads pushed the chain’s TVL higher and made SOL Ethereum’s mainstream competitor. XRP vs. Solana wars continue with Peter Brandt’s recent tweet: Let's say I will buy $100,000 of either $XRP or $SOL this week — no other option but ONLY one of the two please Which one? State your case 40 words max or I'll ignore Remember, XRP or SOL – only choices pic.twitter.com/cNikoRICfd — Peter Brandt (@PeterLBrandt) May 25, 2025 While both altcoins compete for their place in the top 10, XRP is focused on facilitating transactions on the XRP Ledger and real-world utility, while Solana is geared towards supporting smart contract development, meme coin development and launches, and competing with Ethereum layer-2 dApps. The key difference between the two is Ripple’s future plans for XRP and the Solana Foundation’s roadmap for the development of SOL. You might also like: Recent trend has XRP holders backing this new AI asset manager Catalysts driving gains in XRP XRP has surged 12% year-to-date and 59% in the last six months, supported by three major catalysts: The end of the long-drawn legal battle between the SEC and Ripple, the cross-border payment remittance firm. It is important to note that the legal battle led to XRP’s delisting across leading exchange platforms and resulted in a decline in the token’s price across exchanges. The lawsuit’s end and the $50 million settlement that followed eased the concerns of XRP token holders and fueled a return to the January 2025 peak of $3.40. The SEC shared an update on the WisdomTree XRP Spot ETF, announcing the end of the “public comment solicitation” phase and initiation of further review procedures. This does not imply an approval or rejection, but progress toward a final decision from the regulator. A Dubai government agency recently debuted its first real estate tokenization platform with Prypco Mint, a fintech firm. The firm uses the XRP Ledger to tokenize title deals for real estate, and the plan is to tokenize $16 billion worth of Dubai’s real estate market by 2033. Catalysts driving SOL gains The top three catalysts powering Solana’s price gains, a 19.50% monthly gain and nearly 7% gains in the last seven days, are: The launch of meme coin launchpad Pump.fun in January 2024 and several meme tokens on the Solana blockchain drove the chain’s total value of assets locked and transaction volume higher throughout the past year and 2025. U.S. President Donald Trump and First Lady Melania launched their meme tokens on the Solana blockchain, supporting the SOL-based meme coin ecosystem and driving higher trade volume and transaction activity on the chain. A recent shift in Solana’s strategy, from being a smart contract blockchain to a key influencer in crypto policy and strategy, is evident from the Solana Accelerate 2025 conference Day 2 on May 26. Senator Bill Hagerty, Senator Rick Scott, and Representative French Hill discussed the current state of U.S. crypto regulation with Solana Institute’s Kristin Smith during the conference, positioning SOL as a leader in policy circles. You might also like: Solana will underperform Ethereum by the end of 2025: Standard Chartered XRP and Solana price forecast XRP ended its downward trend and consolidation phase with a breakout to $2.65 in mid-May 2025. The altcoin is ranging under resistance R1 at $2.50 at the time of writing. XRP is 7% away from its closest resistance at R1. The other two key resistances on its path to the January 2025 peak of $3.40 are R2 at $2.80 and the psychologically important level of $3. Two key momentum indicators, RSI and MACD, show mixed signals for XRP’s price. RSI reads 50, above the neutral level and sloping upwards. MACD shows red histogram bars below the neutral line, meaning the momentum underlying XRP’s price trend is negative. Conversely, XRP could find support at the lower boundary of an FVG on its daily price chart at $2.17. XRP/USDT daily price chart | Source: Crypto.news Solana is currently in an upward trend. The Ethereum-alternative token recently ended its consolidation and started a rally towards the February 17 peak, represented as R1 on the SOL/USDT daily price chart. SOL is currently trading 6% below R1. The next key resistance is the psychologically important level of $200 and R2 at $218.40. RSI reads 61 and is sloping upwards; MACD supports a bearish thesis. Despite the mixed signals, Solana’s technical indicators are bullish on higher timeframes. Solana could collect liquidity at the $147 support if Bitcoin observes a flash crash. SOL could attempt a return to the upper boundary of the FVG at $168 and rally toward the $180 level when recovering from a prospective decline. SOL/USDT daily price chart | Source: Crypto.news To buy or not to buy: XRP or Solana for $100,000? Traders that rotate coins in their portfolio frequently, realize gains, and rotate capital to other altcoins or meme coins may prefer Solana for its volatility. Investors with a long-term investment horizon may consider XRP for its utility, use case, and real-world adoption. Solana’s 2025 roadmap, the upcoming rollout of its blockchain phone, and other products in the pipeline are likely to support a bullish thesis and gains in the altcoin, and sustain the volatility. XRP and Bitcoin’s correlation coefficient is 0.49, and for Solana and Bitcoin it is 0.94, according to data from Macroaxis. This implies Solana is highly correlated to Bitcoin, volatility and price swings in the largest cryptocurrency could influence Solana’s price trend. It is not the same case with the second largest altcoin, XRP. To spend $100,000 on a Solana or XRP token purchase would therefore depend on the objective, target, and time horizon for the trader. Peter Brandt has supported bullish theses for both SOL and XRP at various times in his tweets on X. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
More on TeraWulf Q1 2025 Earnings: TeraWulf's Laughably Bad Quarter TeraWulf Inc. (WULF) Q1 2025 Earnings Call Transcript TeraWulf Inc. 2025 Q1 - Results - Earnings Call Presentation Biggest stock movers Monday: Crypto stocks, ZIM, and more Terawulf signals growth with 750 MW capacity target and planned HPC expansions
Chris Vermeulen is convinced that Bitcoin is ready to rip higher
XRP remains stable during downturns with potential for future peaks. ETF approval and Ripple's growth are key factors for XRP's future performance. Continue Reading: Discover How XRP Maintains Its Strength in a Volatile Market The post Discover How XRP Maintains Its Strength in a Volatile Market appeared first on COINTURK NEWS .
Key Takeaways: SOL Strategies has filed a preliminary base shelf prospectus to give itself the option to raise up to $1 billion in capital. If approved, the company can issue a variety of financial instruments without repeating the full prospectus process each time. The CEO stated that the company may never use the full prospectus but views it as a strategic step to support potential growth. SOL Strategies, formerly known as Cypherpunk Holdings, has filed a preliminary short-form base shelf prospectus with Canadian securities regulators, planning to create up to $1 billion in financing flexibility, according to an announcement on May 27 . The move indicates the publicly traded company’s intent to position itself for future opportunities in the fast-growing Solana blockchain ecosystem. SOL Strategies Positions for Solana Opportunities with $1B Base Shelf Filing The filing, commonly referred to as a Preliminary Shelf Prospectus, is a draft version of a broader shelf prospectus. It allows a company to offer securities over time without having to submit a new prospectus for each offering. The document outlines details about the company and potential securities, although it does not include final figures such as pricing or the number of shares. https://twitter.com/solstrategies_/status/1927402949841469594 Once approved, the shelf prospectus would give SOL Strategies the ability to raise up to $1 billion through a range of financial instruments. These could include common shares, warrants, subscription receipts, units, debt securities, or a combination of these. These offerings can be made over a set period once the final base shelf prospectus is approved. For now, the company has no immediate plans to raise capital. The filing is a preparatory move, designed to increase flexibility for future financing efforts. If the company chooses to proceed with any offering, it will provide more details in a separate prospectus supplement. “The filing of a base shelf prospectus supports our growth strategy by providing us with the flexibility to access capital as future opportunities arise in the rapidly evolving Solana ecosystem,” said Leah Wald, CEO of SOL Strategies. Wald emphasized that the company may never issue securities under the shelf prospectus, but wanted to be prepared as the Solana market expands. The Preliminary Shelf Prospectus must still be reviewed and accepted by Canadian regulators before any offerings can proceed. However, once finalized, the company will have a wide range of tools to raise capital as needed. By securing this flexibility, SOL Strategies is laying the groundwork to support long-term expansion and stay responsive in a fast-moving sector. SOL Strategies Doubles Down on Solana With $500M Staking-Linked Facility and Tokenized Equity Plans Following its $1 billion shelf registration, SOL Strategies is accelerating its pivot from passive investment to deep infrastructure involvement in the Solana ecosystem. In April, the firm secured a strategic financing agreement with New York-based ATW Partners, opening a convertible note facility of up to $500 million . The capital will be used exclusively to acquire SOL tokens, which will then be staked on SOL Strategies’ own validators, creating a direct link between the company’s capital structure and Solana’s staking economy. https://twitter.com/cryptonews/status/1915710036271129043 The initial $20 million tranche was expected to close around May 1. Interest on the notes will be paid in SOL and tied to staking performance, capped at 85% of the yield generated. The deal includes the option to convert the notes into common shares, providing ATW with upside while keeping incentives aligned. Cohen & Company Capital Markets is acting as placement agent and will receive a 4% fee. Less than two weeks later, SOL Strategies took another step toward integrating traditional finance with Solana’s on-chain ecosystem. On April 25, the firm signed a non-binding MOU with blockchain infrastructure firm Superstate to explore issuing tokenized equity on the Solana blockchain. The potential initiative would be one of the first to bring regulated public company shares on-chain. Superstate’s new “Opening Bell” platform would serve as the backend, offering real-time settlement and DeFi interoperability for tokenized SOL Strategies shares. While still exploratory and pending regulatory review, the move reflects the company’s long-term vision to institutionalize on-chain equity infrastructure. The post SOL Strategies Files for $1B Financing Flexibility to Capitalize on Solana Ecosystem Growth appeared first on Cryptonews .
Binance founder and former CEO Changpeng Zhao (CZ) caused confusion with a statement he made on X (formerly Twitter). CZ recently shared a message with the phrase, “Probably sold Bitcoin,” and added a laughing emoji at the end of his message. It is not known exactly who the Binance founder targeted with this mysterious statement, but there are some guesses among the cryptocurrency community. One of the biggest BTC bulls, MicroStrategy founder Michael Saylor, said in a statement today that there is no need for interventions such as Proof of Reserves and audits for companies holding Bitcoin and that these create security vulnerabilities. Related News: New Development Regarding Ripple's Alleged Historic Acquisition Deal: Company Issues Statement Saylor, who received a huge backlash for this statement, may be the person CZ claims sold Bitcoin to. According to proponents of this theory, Saylor is not keen on measures such as Proof of Reserves because he sold Bitcoin. There is no official information that Saylor has sold BTC, and there is no information in recent SEC filings that they have sold BTC. However, purchases and sales that are not included in periodically filed SEC documents can be identified as onchain. We will see in the coming days if CZ is serious about this and if he really has Michael Saylor in his sights. *This is not investment advice. Continue Reading: Binance Founder Changpeng Zhao Makes an Unexpected Comment, Targets the Big Bull: “He Probably Sold Bitcoin”
Bitcoin’s recent volatility underscores its sensitivity to macroeconomic factors, particularly the evolving landscape of trade tariffs. As geopolitical tensions fluctuate, the correlation between Bitcoin and traditional assets like gold illustrates