Adam Back Says Altcoins and Meme Coins May Head to Zero

Tech  Adam Back Says Altcoins and Meme Coins May Head to Zero  Back argued that many alternative cryptocurrencies still lack sustainable long-term value and suggested that speculative assets driven mainly by hype could struggle as market conditions tighten. His comments also touched on his concerns surrounding meme coins like Dogecoin, Shiba Inu, and Pepe, which still maintain strong trading activity despite questions about their long-term value and durability.  Bitcoin Dominance Is Crushing Altcoins  Blockstream CEO once again criticized altcoins and meme coins, and argued that the crypto market may finally be moving toward what he believes is a more realistic valuation of these assets.  In a recent on X, Back stated that he expected the efficient market hypothesis to eventually drive many altcoins toward “$0,” and added that he first made this prediction about a decade ago. According to him, it has simply taken longer than expected for markets to recognize what he described as “air tokens” with little sustainable value.  Backs comments are part of a long-standing divide in the cryptocurrency industry between Bitcoin maximalists and supporters of alternative blockchain projects. Bitcoin-focused investors argue that Bitcoin stands apart from the rest of the crypto market because of its decentralized structure, fixed supply, strong security model,

05-25Industry

Coinbase CEO Says Financial System Needs Update Across 8 Areas

Coinbase CEO Brian Armstrong published an eight-point list naming tokenized assets, stablecoins, artificial intelligence (AI), and sound money as areas he says the global financial system still needs updates.  Armstrong framed the items as work for both technology builders and policymakers.  Coinbase Agenda Lands With Tokenization Surging  The post arrived as tokenized real-world assets (RWAs) crossed $34.9 billion in May 2026, according to data from RWA.xyz. The figure shows growth of roughly 200% over the past year.  Armstrong called for putting real estate, stocks, bonds, and funds onchain. He argued the shift would enable instant settlement, fractional ownership, and broader distribution to global investors.  He also pushed for continuous global markets with pooled liquidity. The Coinbase chief said 24/7 trading could improve capital efficiency and expand access to leveraged products.  Major areas where the financial system still needs an update:  1. Tokenization of real-world assets – Real estate, stocks, bonds, funds, etc. onchain for instant settlement, fractional ownership & massive distribution.  2. 24/7 Global trading – Pooled global liquidity, every…  — Brian Armstrong (@brian_armstrong) May 24, 2026  Stablecoins, AI Compliance and Regulation Round Out the List  Meanwhile, stablecoin payments also featured in the post, including transfers between autonomous AI agents. Coinbase already operates x402, a stablecoin payment protocol that has processed

05-25Industry

Gold price in United Arab Emirates: Rates on May 25

Finance  Gold price in United Arab Emirates: Rates on May 25  Gold prices rose in United Arab Emirates on Monday, according to data compiled by FXStreet.  The price for Gold stood at 538.82 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 532.56 it cost on Friday.  The price for Gold increased to AED 6,284.65 per tola from AED 6,211.69 per tola on friday.Unit measureGold Price in AED1 Gram538.8210 Grams5,388.16Tola6,284.65Troy Ounce16,759.10

05-25Industry

DEXE up +28.88%, BTC +0.75%, DeXe is The Coin of The Day - Daily Market Update for May 25, 2026 | CoinCodex

Key highlights:The total cryptocurrency market cap increased from $ 2.56T to $ 2.56T in the past 24 hours, representing a 0.09% changeThe Bitcoin price at press time is $ 77,397 after growing by 0.75% in the last 24 hoursThe total crypto trading volume increased by 0.09% in the past 24 hours, and is currently at $ 199.95BAll prices and changes are presented at the time of publication: May 25, 2026, at 06:00 UTC  Market Overview  The total cryptocurrency market cap is currently $ 2.56T after a 0.09% increase on the day. The total crypto trading volume increased by 0.09% in the same time frame.  Bitcoin is trading at $ 77,397 after seeing a 0.75% gain in the last 24 hours. The Bitcoin dominance grew by 0.37% and BTC currently represents 60.47% of the cryptocurrency market.  Top Coins By Market Cap  At press time, Bitcoin has a market capitalization of $ 1.55T after gaining 0.75% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by May 25, 2026. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.  Ethereum, which is the second-largest cryptocurrency

05-25Industry

FET targets $0.22 after 10% rally - So why are traders still cautious?

Tech  FET targets $0.22 after 10% rally – So why are traders still cautious?  Artificial Superintelligence Alliance [FET] is currently benefiting from a rally linked to the broader artificial intelligence token narrative. The asset posted a 10% gain at press time, as chart projections point to another double-digit move to the upside.  Despite this, there is a high probability that the rally may not fully materialize, as opposing forces point to weakening buyer strength in the FET market.  FET forms a bullish flag pattern   At the time of writing, FET was trading within a classic bullish flag pattern, a formation that has historically preceded significant price swings to the upside. The pattern forms when an asset undergoes a massive expansion in price, then consolidates within a slightly downward-trending channel before making another major upswing.  FET has already passed through two phases of this pattern, completing the initial expansion and currently consolidating within the downward channel.  Source: TradingView  The third and final phase would see FET break above the upper resistance of the downward channel, with two price targets ahead: $0.22 and $0.24.  Whether this expansion materializes, however, depends heavily on whether momentum and capital conditions align to support the breakout.  FET capital outflow dominates  The momentum picture on the chart

05-25Industry

‘Developed ecosystem’ based on crypto has sprung up for AI agents: Report

Artificial intelligence agents settling payments have gone from concept to reality in the last 12 months, with $73 million settled across 176 million transactions from May last year through April 2026, according to crypto investment firm Keyrock.  In a report released Thursday, written in collaboration with crypto exchange Coinbase and the blockchain Tempo, Keyrock researcher Ben Harvey said that “in the past 12 months, machine-to-machine payments have gone from concept to a developed ecosystem.”  “Agents have settled over $73 million across 176 million transactions, and incumbents have deployed more than $8 billion in acquisitions to secure their position in what is emerging as an entirely new payment stack,” Harvey added.  Source: Keyrock  AI agents are becoming increasingly popular among crypto users. Some crypto executives have speculated that AI agents settling transactions could drive adoption and transaction volumes, with Circle CEO Jeremy Allaire predicting in January that billions of AI agents will operate with stablecoins on users behalf within five years.  Traditional payment rails too slow and expensive  By the end of the first quarter this year, there were more than 104,000 agents registered across 15 or more directories and registries, according to Harvey. The average transaction size was about 31 cents.  “That number tells you almost everything

05-25Exchange

Bitcoin whales flip bearish – $74 million Hyperliquid short raises squeeze risk

Broader crypto momentum had already started weakening before whale positioning abruptly rotated toward aggressive Bitcoin [$BTC] downside exposure across Hyperliquid [$HYPE] markets.  Traders also became more defensive once larger speculative wallets started reducing altcoin risk beneath softer market continuation.  Trader Evaded later closed $HYPE and Zcash [ZEC] longs worth roughly $2.85 million and $2.36 million after holding positions for several days.  However, the wallet also absorbed nearly $591,000 in Ethereum [ETH] losses before shifting aggressively into a 15x leveraged Bitcoin short.  Source: X  That position later expanded toward roughly 990 $BTC, worth nearly $74.84 million, while unrealized profits climbed beyond $783,000 beneath weakening market conditions.  The rotation increasingly reflected how smart-money traders are positioning for higher volatility and possible downside continuation across broader crypto markets.  Source: X  Public whale positioning also continues influencing market psychology as leveraged traders increasingly mirror high-risk directional flows.  Bitcoin shorts expand as squeeze pressure quietly builds  Bitcoins market structure had already turned increasingly defensive before bearish leverage expanded sharply across major derivatives platforms recently.  Traders also became more cautious once repeated recovery failures weakened broader confidence across crypto markets underneath resistance.  Short exposure later increased steadily while long-short positioning shifted closer toward bearish territory across several major exchanges. That reaction increasingly reflected how larger traders are positioning

05-25Exchange

Mapping Ethereums road ahead as leverage builds beneath weak spot demand

Ethereum sentiment had already started improving after Aprils recovery attempt before derivatives positioning gradually became more aggressive beneath weakening price continuation. Market participants also maintained stronger bullish exposure despite $ETH struggling to reclaim earlier momentum across broader spot markets.  Funding Rates later remained positive near roughly 0.0105% while Ethereum traded closer toward the broader $2,114 region.  That positioning increasingly contrasted on the 17th of April, when $ETH traded near $2,420 while funding remained negative around -0.0040%.  Source: CryptoQuant  Similar conditions also appeared near October 2025 highs around $4.12K and January 2026 levels near $3.0K before sharper declines followed afterward. That sequence increasingly reflected how leveraged bullish positioning continues rebuilding faster than underlying spot demand recovery.  Still, positive funding does not automatically confirm immediate downside risk beneath current market conditions.  Without stronger spot absorption, renewed long positioning may increasingly amplify Ethereum [$ETH] volatility instead of sustaining bullish continuation.  Ethereum spot demand weakens beneath rising sell-side absorption  Positive Funding Rates had already revealed stronger bullish conviction before Ethereums Spot market began attracting more aggressive buyers again.  However, the broader recovery still struggled to gain momentum once $ETH approached major resistance regions across exchanges.  Spot CVD later improved steadily across Binance and Coinbase while Ethereum remained trapped beneath the broader $2,150–$2,200 region.  That reaction

05-25Exchange

Keyrock Report: 76% of AI Agent Transactions Fall Below Visa's $0.30 Fee Floor

A new report from Keyrock, a global crypto investment group leading in market making, asset management, OTC, and options trading for digital assets, finds that artificial intelligence (AI) agents have settled more than $73 million across approximately 176 million transactions since May 2025, while four competing payment architectures have taken shape, backed by some of the largest companies in technology.  Key Takeaways:Keyrocks May 2026 report found AI agents settled $73M across 176M transactions in just 12 months, with 98.6% in $USDC.Coinbase and Stripe each span 5 of 6 payment stack layers, while incumbents deployed over $8B in acquisitions.MiCA, the $GENIUS Act, and the EU AI Act all hit enforcement by August 2, 2026, with none covering machine-to-machine payments.  Keyrock ‘Who Pays the Agent’ Analysis: $USDC Dominates 98.6% of AI Agent Payments  The report, co-published with Coinbase, Tempo, and Virtuals, documents how machine-to-machine payments moved from a theoretical concept to a functioning ecosystem in one year. Agents now pay for API access, data queries, and compute resources in real time, with no human in the loop. The average transaction size has stabilized near $0.48.  Coinbase built x402, a protocol that repurposes the long-dormant HTTP 402 status code to enable stablecoin payments between machines. Stripe and

05-25Exchange

Bet365 vs 888casino: Is ZunaBet the Challenger to Watch?

ZunaBet Welcome Bonus  ZunaBet offers a welcome package worth up to $5,000 plus 75 free spins, spread across three deposits. The first deposit gets a 100% match up to $2,000 plus 25 spins. The second gets a 50% match up to $1,500 plus 25 spins. The third gets another 100% match up to $1,500 plus 25 spins. The total works out to a 250% bonus across three deposits, which is more generous than what most traditional casinos offer.  Why ZunaBet Stands Out  ZunaBet is not trying to be the next Bet365 or 888casino. It is going after a different kind of player. Someone who already uses crypto, wants fast payouts, enjoys gamified rewards, and is looking for a platform that offers both casino and sportsbook in one place.  The combination of 11,000+ games, 20+ cryptocurrencies, a sportsbook with deep esports coverage, and a loyalty program that actually feels like a game makes ZunaBet feel built for where the industry is going, not where it has been.  The Future of Online Casinos  Bet365 and 888casino will keep their place in the market. They have strong brands, loyal users, and proven products. But they were built for an older model of online gambling.  ZunaBet represents what the next generation

05-25Industry
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