The crypto market is down. As of now, $BTC is trading at $105,600 and $ETH is at $2,632. Bitcoin dominance stands at 63.73%.
$SBET stock is up 171% today, driven by its low float and recent pivot to become a publicly traded Ethereum treasury vehicle, backed by Joseph Lubin. On May 27, 2025, $SBET announced a $425 million private placement, mirroring Strategy’s Bitcoin strategy but focused on Ethereum, with plans to stake ETH for yield. (link)
A few headlines include: the SEC dismisses its lawsuit against Binance, football club Paris Saint-Germain announces a Bitcoin treasury, and the U.S. Appeals Court reinstates Trump-era tariffs during the appeal process.
During the last 24 hours, the top three gainers were $ZBCN, $DEXE, and $SAFE, while the top three losers were $TKX, $POPCAT, and $HYPE.
