Jupiter token was among the stronger performers during this rally, thanks to the growth of Solana&#8217;s ecosystem.

Jupiter crypto jumps 11% as Solana’s DeFi ecosystem grows

Alexander Mashinsky, the former CEO of crypto lending firm Celsius, was 
sentenced to 12 years in prison on Thursday after pleading guilty to two 
counts of fraud. Celsius Mashinsky Faces Justice The proceedings took place 
before US District Judge John G. Koeltl in Manhattan’s Southern District, 
where Mashinsky faced the repercussions of what prosecutors characterized as a 
sweeping scheme to defraud investors. In December, the crypto lender&#8217;s former 
CEO admitted guilt to charges of commodities fraud and manipulation of the 
Celsius token, CEL, leading to his current sentence. Related Reading: Bitcoin 
Soars Toward $100,000 As Treasury, Not Fed, Drives Liquidity: Expert 
Mashinsky’s legal troubles began in 2023 when he was arrested on multiple 
counts, including securities, commodities, and wire fraud. This arrest 
coincided with Celsius’s announcement of a $4.7 billion settlement with the 
Federal Trade Commission (FTC), one of the largest settlements in the agency&#8217;s 
history. The resolution of this settlement remains dependent on Celsius 
successfully returning the remaining customer assets amidst ongoing bankruptcy 
proceedings, emphasizing the scale of the fraudulent activities. SEC And CFTC 
Pursue Multi-Billion Dollar Fraud Prosecutors alleged that Mashinsky misled 
investors regarding the safety and profitability of Celsius’s yield-generating 
platform while simultaneously liquidating tens of millions of dollars in 
personal holdings. Initially, Mashinsky denied any wrongdoing, but his guilty 
plea and subsequent sentencing have brought this lengthy legal saga to a 
close. Related Reading: VWAPs Don’t Lie—XRP Faces Judgment Day At Monthly 
Support This case is part of a broader crackdown in the cryptocurrency sector, 
with the Securities and Exchange Commission (SEC) and the Commodity Futures 
Trading Commission (CFTC) also filing charges against Mashinsky and Celsius 
for orchestrating a multi-billion dollar fraud scheme. The scrutiny of 
Mashinsky and his actions mirrors the fates of other high-profile crypto 
executives, including FTX founder Sam Bankman-Fried and Binance’s Changpeng 
Zhao, as well as Do Kwon of Terraform Labs, all of whom faced serious legal 
challenges in the country. Featured image from DALL-E, chart from 
TradingView.com

Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Securitize, a leading digital securities platform, announced a strategic 
equity investment from Jump Crypto on May 8 to enhance institutional access to 
tokenized real-world assets (RWAs) and improve collateral management 
solutions. Strategic Tie-Up Aims to Bridge Traditional Finance With Onchain 
Assets The Jump Crypto and Securitize partnership aims to leverage blockchain 
technology to address liquidity, […]

Jump Crypto Takes Strategic Stake in Securitize to Bolster Blockchain Finance

Markets were flashing green on Thursday as trade tensions eased following 
confirmation of a trade agreement between Washington and London. The Dow Jones 
Industrial Average gained 254 points, or 0.62%, while the S&amp;P 500 lagged 
slightly with a 0.58% gain.…

Dow gains 250 points, Bitcoin reclaims $100k after Trump promotes U.K. trade deal

SOL Strategies Inc. announced plans to explore tokenizing its equity on the 
Solana blockchain through a non-binding partnership with financial technology 
firm Superstate, potentially becoming the first public company to do so. Non- 
Binding Pact Could Pave Way for Solana-Based Share Tokenization The Toronto- 
based company, SOL Strategies Inc. (CSE: HODL) (OTCQB: CYFRF), signed a 
memorandum of […]

SOL Strategies Explores Tokenizing Shares on Solana via Superstate Partnership

The Bitcoin price action has once again caught the attention of the broader 
crypto market, as it flashes major bullish signals that have, without fail, 
led to significant rallies throughout this cycle. Building on this technical 
signal, a crypto analyst has forecasted that Bitcoin could mirror historical 
trends and potentially surge to a new all-time high. Bollinger Band Signal 
Hints At Bitcoin Price Rally A closer look at Bitcoin’s weekly chart presented 
by Bitcoinsensus on X (formerly Twitter) reveals a critical pattern that has 
only appeared four times since 2022. Each occurrence has marked the beginning 
of a strong upward movement in Bitcoin’s price, making this a highly bullish 
setup. Related Reading: Elliot Wave Theory Shows Where Bitcoin Is In This 
Cycle – Bull Rally Over? The signal in question is the Bollinger Bands, which 
is known to identify potential reversal zones. The analysis shows that Bitcoin 
has recently touched the lower Bollinger Band on the weekly chart and bounced 
upward, confirming a support level that historically acted as a springboard to 
sustained bullish momentum. This marks the fifth time this specific signal has 
occurred during this cycle. Each of the past four signals, highlighted by the 
white circles on the chart, was followed by strong price rallies. Notably, in 
early 2023, Bitcoin rallied from below $2,000 to over $30,000 following the 
appearance of this Bollinger Band signal. A similar pattern played out in 
mid-2023 when this setup triggered a surge that pushed Bitcoin above $45,000. 
Later that year, the same signal preceded a breakout, with BTC soaring past 
$60,000. Most recently, in early 2024, the Bollinger Band signal sparked a 
parabolic run above $100,000. Now, in Q2 of 2025, Bitcoin is once again 
flashing this historically reliable indicator. Its price found strong support 
near the $77,500 level, with resistance levels set above $106,000. As the 
Bollinger Bands align, Bitcoinsensus predicts a potential rally toward 
$130,000 &#8211; $160,000. This would mark a historical all-time high for Bitcoin, 
representing a maximum increase of over 46.7% from its current ATH above 
$109,000. BTC Poised For Breakout As Price Nears $100,000 Again The Bitcoin 
price is once again approaching the $100,000 mark after its latest 4.75% surge 
this past week. Amidst its price recovery, crypto analyst Trader Tardigrade 
predicts that Bitcoin will soon break out of bearish resistance to reach new 
highs. Related Reading: Bitcoin Raging Bull Indicator Turns Back On, But This 
Level Holds The Key The analyst shared a BTC chart analysis highlighting a 
recurring breakout pattern that has historically preceded large upward moves 
after a breakout from a descending resistance trendline. This pattern has 
emerged three times in the past: first from late 2022 to early 2023, then from 
mid-2023 to early 2024, and finally from late 2024 to early 2025. In the 
current setup, Bitcoin is once again testing the descending trendline 
resistance and appears to be breaking out from it. If history is any 
indication, the analyst projects a potential target zone between $100,000 &#8211; 
$136,000, marking a new ATH. Featured image from Pixabay, chart from 
Tradingview.com