Author: Isabella Taylor

Abraxas Capital has accelerated its accumulation of Ethereum with another massive buy worth over $84.7 million. The asset management firm, which has aggressively bought Ethereum (ETH) over the past week, added to its growing haul with another 33,482 ETH. According to Lookonchain, who shared details of Abraxas Capital’s buys on X, the company scooped $84.7 million worth of the top altcoin within the past 12 hours. Accumulation over the past six days now sees Abraxas hold over $477 million of ETH, with total purchases bringing its haul to 211,030 Ether tokens. Having recently withdrawn over $297 million worth of Ethereum…

Yuga Labs, the Web3 company behind Bored Ape Yacht Club, has sold the intellectual property rights of the CryptoPunks NFT collection to the Infinite Node Foundation.  The move, announced by the foundation on Tuesday, marks a significant shift for one of the most iconic NFT collections. Originally created in 2017 by Larva Labs, CryptoPunks consists of 10,000 pixel-art characters that have become synonymous with early digital art culture and the rise of blockchain-based ownership. The Infinite Node Foundation is a nonprofit focused on the preservation and exhibition of digital art. The foundation said it plans to expand the legacy of CryptoPunks…

Thailand’s Finance Ministry plans to issue 5 billion baht ($150 million) in digital investment tokens—called the G-Token—within two months. Unlike traditional bonds, the G-Token is not classified as a debt instrument. Instead, it will be offered under Thailand’s budget borrowing plan, which aims to raise funds directly from the public, according to Bloomberg reporting.  The move marks a shift in the government’s fundraising strategy and expands retail access to state-backed investments. According to Finance Minister Pichai Chunhavajirai, investors will be able to participate with small amounts of capital and can expect returns higher than current bank deposit rates. Better liquidity…

DOW Jones lost 178 points, dragged down by reduced profit expectations from major U.S. healthcare firms. Stock markets are rallying thanks to the China-U.S. tariff de-escalation, but the DOW Jones is still lagging. On Tuesday, May 13, the S&P 500 was at 5,893 points, up 50 points or 0.85%, entering positive territory for the year of 2025. The tech-focused Nasdaq was trading at 21,222.80, up 354.652 points or 1.7%. At the same time, DOW Jones was at 42,250.67 points, down 159.43 or 0.38%. This is despite the fact that positive developments in U.S.-China trade relations boosted tech stocks. For instance,…

Vietnam-based MEY Network has announced the sale of NFTs representing luxury real estate. The competition among real-world asset tokenization is heating up. On Tuesday, May 12, the MEY Network announced the launch of property token offering NFTs, enabling regular traders to invest in high-value real estate. PTO NFT Mint → RWA Supercycle 🏠🚪 Exclusive NFT mint coming your way.🚪 Passive income with consistent returns. 🚪 Fractional, liquid, and accessible ownership. 🚪 Gain access to 40+ tokenized properties worldwide.Learn more here: https://t.co/7GnDfNgF9G pic.twitter.com/y7dYPyfZUu— Mey Network (@Mey_Network) May 13, 2025 Before asset tokenization, luxury real estate investment was accessible only to institutional…

Fartcoin has maintained a strong bullish structure, but recent resistance at $1.42 suggests a possible pause in momentum. A consolidation range may be forming before the next major breakout. After a powerful rally, Fartcoin (FARTCOIN) is showing early signs of potential exhaustion at a key resistance level. The $1.42 mark has capped upward momentum, leading many traders to anticipate a short-term sideways range or a pullback to gather strength. Despite the stall, the coin remains in a higher time frame uptrend and could be setting the stage for a bullish continuation, especially if it retests and holds the $1.00 level.…

Virtuals Protocol token continued rising and is hovering at its highest point since January 31 as smart money investors’ accumulation accelerated. Virtuals Protocol (VIRTUAL) token jumped to $2.15 on Tuesday, its highest level since January 31, and 375% above its April low.  The token jumped as demand for AI agents in its ecosystem rose. Some of the top performers recently were Aixbt, Ribbita, Toshi, Keyboard Cat, and Luna. Toshi has over 611,000 holders, while Keyboard Cat and aixbt have over 483,500 and 325,000 holders, respectively. Nansen data shows that the number of smart money investors holding VIRTUAL has continued rising.…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Get the latest OM analysis and ETH update. Read about BlockDAG’s Buyer Battles, bringing daily leaderboard action. May continues to bring sharp price moves and new opportunities across crypto. Mantra analysis shows the coin trying to escape its tight range, while Ethereum made a strong 7% move linked to the Pectra upgrade. Both charts offer possible gains but also show reasons to stay cautious. BlockDAG (BDAG) Buyer Battles are heating up. With BDAG priced at just $0.0262 in batch…

The Binance Coin is on the cusp of a major bullish breakout after forming a giant cup and handle pattern and continuing to outperform top competitors on key network metrics. Binance Coin (BNB) climbed to a high of $690 on Monday, its highest level since February 10. The move represents a nearly 40% gain from its lowest point this year. Third-party data shows that protocols on the BSC Chain rose by 170% in the last seven days to over $16.7 billion. In contrast, Ethereum (ETH) protocols processed over $16.7 billion in the same period. Those on Arbitrum, Base, and Sui…

Bonk is among the altcoins that saw a significant price dip early Tuesday as profit taking dented bulls’ momentum. The Bonk (BONK) crypto had jumped to highs of $0.0000256 as Bitcoin (BTC) broke to above $105k amid a U.S.-China trade deal announcement. But the flagship digital asset pared some of the gains and major altcoins followed suit. Bonk price slipped to lows of $0.0000209, with the Solana memecoin plummeting by more than 12%. The action mirrored other trending Solana meme coins and the broader crypto market. Notably, Bitcoin hovered near $103,400, having broken down from above $105k. Bitcoin and Ethereum…