19 May 2025
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The Coinomist

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When you see “The Coinomist” as the author, you’re reading the work of our dedicated editorial team, or experts that wished not to be named for security reasons. Whether it’s breaking news or in-depth analysis, this byline represents the collective expertise behind every article. It guarantees you receive straightforward, reliable information on the fast-changing crypto landscape - even when individual names aren’t attached.

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Metaplanet Buys 135 BTC—Right Before Bitcoin’s Price Plunge

Metaplanet Buys 135 BTC—Right Before Bitcoin’s Price Plunge

Metaplanet purchased 135 BTC for $96,000 each—just before Bitcoin tumbled below $90,000. Was this strategic foresight or an expensive miscalculation?

The Coinomist
Pectra Update Stumbles—What’s Next for Ethereum’s Testnet?

Pectra Update Stumbles—What’s Next for Ethereum’s Testnet?

The Pectra upgrade was activated on the Holesky testnet on February 24, but unexpected transaction finalization issues now cast doubt on its effectiveness.

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Bybit Covers ETH Gap After $1.4 Billion Hack

Bybit Covers ETH Gap After $1.4 Billion Hack

Bybit closed its ETH gap after one of the most significant hacks in cryptocurrency history, taking a crucial step to regain user trust.

The Coinomist
BTC Crashes Below $88K—But Kraken Traders Are Buying Big

BTC Crashes Below $88K—But Kraken Traders Are Buying Big

Fresh data from Kraken shows a strong buying trend among BTC futures traders as Bitcoin tumbled below $88,000.

The Coinomist
Bitcoin Crashes Below $87K—What’s Triggering the Crypto Market Sell-Off?

Bitcoin Crashes Below $87K—What’s Triggering the Crypto Market Sell-Off?

Another sharp decline has shaken the crypto market. On February 25, Bitcoin fell below $87,000, Ethereum dipped under $2,400, and Solana dropped beneath $140. Is this just short-term volatility or a sign of a deeper downturn?

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From Bitcoin to Birkin—Luxury Brands Go Crypto

From Bitcoin to Birkin—Luxury Brands Go Crypto

As the digital economy expands, luxury brands are taking a closer look at cryptocurrency as a new frontier for premium transactions. With demand for alternative payment solutions rising, crypto may soon become a staple in high-end retail.

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The Crypto Elite’s Obsession with Private Islands

The Crypto Elite’s Obsession with Private Islands

A home is a sanctuary, but owning a private island means ruling your own kingdom. While buying an island may seem like an exclusive luxury, a small piece of oceanfront land can be purchased for as little as $50,000. However, the world’s wealthiest are willing to spend millions to transform these islands into personal paradises.

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The Weirdest Things People Have Tokenized on the Blockchain

The Weirdest Things People Have Tokenized on the Blockchain

NFTs are puzzling. Some see them as the future of digital art, while others view them as overpriced, peculiar images. But occasionally, the world of NFTs takes a turn for the absurd. Let’s explore five of the most bizarre tokens in blockchain history. Yes, people really pay serious money for the strangest digital collectibles.

The Coinomist
Ye (Kanye West) and Crypto Chaos—What’s Behind Swasticoin?

Ye (Kanye West) and Crypto Chaos—What’s Behind Swasticoin?

The crypto world is buzzing after Ye’s latest social media posts. On Saturday, the rapper-turned-entrepreneur made waves by claiming he’s launching Swasticoin, a meme token that has already sparked heated debate. What’s really going on?

The Coinomist
10x Research: The Bitcoin ETF Market—56% Is Arbitrage

10x Research: The Bitcoin ETF Market—56% Is Arbitrage

10x Research’s Markus Thielen reports that just 44% of U.S. spot Bitcoin ETF purchases are for long-term investment, raising questions about institutional strategies.

The Coinomist
Bankman-Fried Seeks GOP Ties Amid Clemency Talks

Bankman-Fried Seeks GOP Ties Amid Clemency Talks

Former FTX CEO Sam Bankman-Fried recently gave an interview that stirred controversy, even from behind bars, where he is serving a 25-year sentence for massive crypto fraud.

The Coinomist
Crypto Arbitrage Explained: Is It Worth the Investment?

Crypto Arbitrage Explained: Is It Worth the Investment?

In the rapidly evolving world of cryptocurrency, one term you’re likely to encounter is staking. For crypto enthusiasts and investors, staking offers an opportunity.

The Coinomist
Bybit Replenishes ETH Reserves After Hack, Ethereum Prices Surge

Bybit Replenishes ETH Reserves After Hack, Ethereum Prices Surge

After suffering a massive hack with losses estimated at $1.46 billion—the largest in crypto history—Bybit is now actively restoring its ETH balance. This recovery effort is believed to be contributing to the recent rise in Ethereum prices.

The Coinomist
Bybit Reserves Cover Liabilities Despite $4.3B Withdrawals

Bybit Reserves Cover Liabilities Despite $4.3B Withdrawals

After the largest hack in its history, Bybit users withdrew over $4.3 billion within days. Despite this, the exchange’s reserves continue to exceed its liabilities.

The Coinomist
NFTs Aren’t Securities? SEC Withdraws in the OpenSea Case

NFTs Aren’t Securities? SEC Withdraws in the OpenSea Case

The U.S. SEC has terminated its investigation into the OpenSea NFT marketplace.

The Coinomist
Bybit at the Center of the Largest Crypto Hack Ever – Losses Near $1.5 Billion

Bybit at the Center of the Largest Crypto Hack Ever – Losses Near $1.5 Billion

On 21 February 2025, the crypto exchange Bybit became the target of the biggest hack in history, with estimated losses reaching approximately $1.46 billion—a figure that far exceeds the $611 million Poly Network breach of 2021.

The Coinomist
Pi Token Crashes After Its Grand Debut

Pi Token Crashes After Its Grand Debut

Following its mainnet debut, the Pi Token issued by Pi Network experienced a significant decline exceeding 60%, in conjunction with fraud allegations from the CEO of crypto exchange Bybit, prompting an extensive industry review.

The Coinomist
What Is Staking in Crypto? 

What Is Staking in Crypto? 

In the rapidly evolving world of cryptocurrency, one term you’re likely to encounter is staking. For crypto enthusiasts and investors, staking offers an opportunity.

The Coinomist
Michael Barr Details the Fed’s Position Amid Crypto Debanking

Michael Barr Details the Fed’s Position Amid Crypto Debanking

On 21 February 2025, Federal Reserve Vice Chairman Michael Barr delivered an enlightening report that not only mapped out the central challenges of today’s financial system but also detailed the regulator’s measured perspective on the crypto industry.

The Coinomist
OpenSea Reclaims Its Throne – Market Share Climbs to 78.5%

OpenSea Reclaims Its Throne – Market Share Climbs to 78.5%

In a mere four weeks, OpenSea’s market share in the Ethereum NFT space has nearly tripled, now standing at 78.5%.

The Coinomist
Mask Network Announces Major Restructuring of MaskDAO

Mask Network Announces Major Restructuring of MaskDAO

On February 21, 2025, Mask Network, a decentralized social protocol, announced a major restructuring of its MaskDAO ecosystem.

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South Africa’s Altvest Capital Launches Bitcoin Reserve

South Africa’s Altvest Capital Launches Bitcoin Reserve

South African investment firm Altvest Capital has announced its venture into bitcoin, positioning itself as the first company on the continent to pursue this investment strategy.

The Coinomist
ECB Develops Payment Infrastructure on DLT

ECB Develops Payment Infrastructure on DLT

On Thursday, 20 February 2025, the European Central Bank (ECB) disclosed its plans to broaden its blockchain-based payment system, designed to facilitate digital settlements in central bank money, thereby advancing the frontier of digital currency integration..

The Coinomist
Woman Jailed for Stealing $5.7M from Bybit

Woman Jailed for Stealing $5.7M from Bybit

Ho Kai Xin, an employee at financial firm Wechain who handled Bybit’s payroll, has been sentenced to nearly ten years in prison for crypto fraud involving $5.7 million.

The Coinomist
Invesco’s $6.3B Credit Fund to Be Tokenized in New Partnership

Invesco’s $6.3B Credit Fund to Be Tokenized in New Partnership

On February 19, 2025, DigiFT, a licensed Singapore-based platform specializing in on-chain assets, announced its plan to tokenize Invesco’s $6.3 billion credit fund.

The Coinomist