Sonic Labs announces GSR as the official market maker for S

Bybit and international hedge fund Imrat Group have announced a partnership enabling crypto traders to buy stocks directly with USDT. International hedge fund Imrat Group and crypto exchange Bybit are joining forces to offer stocks on Bybit’s platform. On Friday, May 23, the two companies announced a partnership enabling users to trade stocks and other instruments using the USDT stablecoin. According to Imrat Group, Bybit will allow its users to trade major global stocks and IPO/ICO products with leverage. Notably, traders will be able to purchase major U.S. stocks like Apple, Tesla, Nvidia, and Amazon, without ever converting their crypto to fiat currency. “We’ve combined expertise, technology, and global resources. Imrat Group is a large-scale investment ecosystem, and Bybit is a reliable technological platform with a unique trading architecture. Together, we’re creating a product that will serve as a gateway to a new investment reality,” said Ben Schultz, Head of IG Security. This came after Bybit’s announcement on May 3, revealing that the platform was planning to offer stock trading. At the time, the company stated it would offer popular U.S. stocks, commodities like gold and oil, and major stock indices. The company also referenced Apple, Microsoft, and Michael Saylor’s Strategy stocks specifically. You might also like:Crypto’s obsession with on-chain security lets off-chain mistakes cost billions, analysts warn Bybit stock launch shows blending of crypto and tradFi As the crypto market grows in popularity, there is a growing intersection between users who hold both crypto and traditional assets. What is more, an increasing number of publicly traded companies are gaining crypto exposure. This is typically a way to boost their stock price, copying a Strategy. In 2025, Bybit has taken significant steps to recover its market share, which fell significantly after suffering the biggest hack in crypto history. Since the $1.6 billion hack, the company managed to regain its position, particularly thanks to its focus on retail investors. You might also like:Bybit CEO: 27.6% of Bybit hack funds remain untraceable

PEPE has recently rejected a key resistance level, prompting a pullback in the current uptrend. However, technical indicators and market structure continue to signal strength, with a higher low likely forming. PEPE’s (PEPE) price action has cooled off after hitting a clear resistance level, but the broader trend remains firmly bullish. The latest dip is being interpreted as a potential higher low in a healthy market structure, with several confluences pointing toward another leg up. Market participants are watching for a confirmed hold at key support to validate the continuation of the rally. Key technical points Support Zone Confluence:Price is testing support at the value area high, aligning with the 0.618 Fibonacci retracement and VWAP — a strong bullish confluence. Bullish Market Structure:Higher highs and higher lows continue to define the uptrend; current pullback is seen as a constructive retest. Volume Profile Insights:A recent volume climax may signal a local top, but continuation above resistance will require fresh volume influx. PEPEUSDT (4H) Chart | Source: TradingView Following the rejection at local resistance, PEPE has pulled back into a high-probability demand zone. This area — defined by the value area high, the 0.618 Fibonacci level, and the VWAP — is acting as a dynamic support zone. These overlapping indicators make it a prime location for bulls to defend and re-establish momentum.From a structural standpoint, PEPE is maintaining a clear pattern of higher highs and higher lows. The recent correction does not invalidate the bullish trend but instead provides a reset within it. As long as the higher low structure remains intact and price closes above the current support zone on the 4-hour chart, further upside looks increasingly probable. You might also like:Bitcoin price dips into support – bullish market structure signals push toward $125K Volume also plays a pivotal role here. While a recent volume climax hinted at short-term exhaustion, it does not signal a long-term reversal. Rather, it’s a marker of a local top. For PEPE to push higher and breach the current resistance, buyers will need to step in with conviction, marked by increased and sustained volume levels. What to expect in the coming price action If PEPE holds this key support zone, a move back toward local resistance becomes likely. A successful breakout, backed by volume, could trigger an expansion phase and new highs. Until the bullish structure is invalidated, dips like this continue to offer potential buying opportunities. Read more:Jasmy price forms a risky pattern as whales offload Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Arthur Hayes, co-founder of BitMEX, believes upcoming U.S. Treasury bond buybacks could inject major liquidity into markets and send Bitcoin to $110,000, or even as high as $200,000. In an Apr. 23 Substack article, Hayes pointed to the Treasury’s plan to issue new debt to repurchase older, less liquid bonds, commonly called off-the-run Treasuries. These bonds don’t trade as frequently, so buying them back could help smooth out the bond market while offering arbitrage opportunities for institutional investors. Hayes points out that Treasury Secretary Scott Bessent will probably rely more on bond issuance and buybacks to maintain market stability, given the widening U.S. deficits and declining tax revenue. According to Hayes, this mechanism will function similarly to quantitative easing, which is a strategy used by central banks to boost the money supply and stimulate the economy.  However, in this instance, liquidity conditions are being essentially eased by the U.S. Treasury rather than the Federal Reserve. He argues that by lowering the yields on older bonds, this buyback strategy will encourage investors to look for higher returns in riskier assets, such as cryptocurrencies.  You might also like:Binance Research: U.S. Treasury issuance is a key macro area to watch At the same time, when bond markets become less volatile, investors will feel safer borrowing money to make bigger bets. This extra buying power can lead to larger price swings in riskier assets like Bitcoin (BTC), pushing prices up faster when as markets rise. Hayes points out that this pattern is similar to what occurred in late 2022 when a strong Bitcoin rally was fueled by growing market liquidity. He believes most investors are too focused on when the Fed will cut interest rates, overlooking the fact that the central bank has already slowed its quantitative tightening, which means it’s easing conditions behind the scenes. If liquidity keeps flowing, Bitcoin could reach $110,000 and then surge toward $200,000, Hayes predicted. And once BTC breaks that level, altcoins may see an even bigger surge as investors rotate into higher-risk assets. Read more:$600M liquidated from crypto market as Bitcoin crosses $93K amid cooling trade war concerns

DIA 正式推出了 Lumina，这是一种新的模块化、基于汇总的预言机架构，旨在为区块链带来无需信任且可验证的数据。 DIA（去中心化信息资产的缩写）在公告中指出，Lumina 将于 2025 年 3 月 26 日在主网上推出。 此次发布标志着一个里程碑，DIA 表示这标志着“盲目信任预言机的时代已经结束”。换句话说，Lumina 由 Rollup 提供支持的预言机解决方案的主网启动终结了“黑箱预言机”。 相反，它为数据的来源和交付带来了透明度和可验证性。这意味着开发人员、去中心化金融协议和区块链网络在数据处理方面将不再在不透明的环境中运行。DIA 业务开发主管 Dillon Hanson 表示，“不再盲目信任预言机”是 DIA Lumina 旨在实现的转变。 “多年来，许多人认为预言机是一种必要之恶——区块链构建者不得不信任的基础设施层。现在，这种情况不再存在。DIA Lumina 不仅仅是另一个预言机堆栈。它是第一个完全不要求你信任它的预言机，”他在一份声明中补充道。 你可能还喜欢：COTI 推出高速隐私网络，技术速度提高 3,000 倍 据 DIA 介绍，Lumina 提供了一种解决方案，可确保去中心化金融和现实世界资产市场拥有无需信任且可验证的预言机。这些领域处理着贷款、衍生品和稳定币等数十亿美元的交易，在这些用例中，预言机在数据处理和验证中发挥着至关重要的作用。 但尽管如此，大多数传统的预言机平台仍然以“中心化、基于信任”的提供商形式运营。Lumina 的设计旨在通过提供实现透明度的完全链上架构来改变这一现状。 汉森说：“通过将每笔交易、价格信息和计算都放到链上，我们不仅与现有的预言机竞争，而且还让它们过时。” 为了实现这些优势，Lumina 利用了 Lasernet，这是一个使用 Arbitrum 的乐观汇总堆栈和数据可用性层构建的模块化第 2 层。这允许使用公开、低成本的数据验证来实现可验证的预言机。 Ripple 和 Stellar 是集成 DIA 预言机解决方案的领先网络之一，用于链上现实世界资产和机构采用。目前主导行业的预言机平台包括 Chainlink、Pyth Network、Flare 和 API3。 你可能还喜欢：Flare 完成黑客马拉松，利用 Google Cloud 探索区块链上的人工智能

After buying $513 million worth of Bitcoin in May, GameStop wants $1.75 billion more, and Wall Street isn’t happy. The stock fell over 15% as doubts linger over the company’s pivot from retailer to crypto whale. GameStop (GME) shares took a nosedive on June 12, barely a day after the brick-and-mortar retailer announced a $1.75 billion convertible notes offering, potentially to add more Bitcoin (BTC) to its balance sheet. The company’s stock was already trending downward following a lackluster quarterly performance. On June 11, GameStop reported a 17% revenue dip in the first quarter of 2025, despite ongoing demand for online gaming. Shares fell over 5% that day and slid further on Thursday, as Wall Street remains uncertain whether the company can reverse its financial trajectory through a crypto accumulation strategy. Why GameStop is investing in Bitcoin GameStop did not confirm or deny speculation that it would use the $1.75 billion to buy Bitcoin. However, the June 11 announcement stated that proceeds from the convertible notes offering would be used for “investments in a manner consistent with GameStop’s Investment Policy and potential acquisitions.” You might also like:Crypto is near a ‘tipping point,’ FSB chair warns Part of that policy includes strengthening its corporate balance sheet with digital assets, signaling a strategic pivot driven by both survival and ambition. Facing shrinking revenues and the waning relevance of its core retail business, GameStop appears to be borrowing from Strategy’s playbook, leveraging Bitcoin as both an economic hedge and a growth catalyst. Strategy’s aggressive move into Bitcoin has reshaped its market narrative. Since first investing in BTC in August 2020, its stock has surged 256%, climbing from $110 to $392 per share as of early June and far outperforming both the S&P 500 and broader tech sector benchmarks. Meanwhile, core software revenue remained mostly flat, dipping from $481 million in 2020 to $463 million in 2024, cementing Bitcoin as the primary driver of shareholder value. Bitcoin’s long-term upside and growing institutional adoption present a speculative but potentially high-reward strategy that could help GameStop reinvent itself. By acquiring 4,710 BTC in May and signaling plans for more through the new convertible notes offering, the company is making a clear bet that Bitcoin’s potential could reinvigorate investor confidence and address its operational challenges. GameStop’s recent Bitcoin purchase positioned it as the 13thlargest corporate holder of the original cryptocurrency, according to BitcoinTreasuries.NET data. Read more:Binance announces Defi App (HOME) listing and 200m airdrop for BNB holders