cryptocurrency news may 31 2025

cryptocurrency news may 31 2025

Cryptocurrency news may 31 2025

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Cryptocurrency news last 24 hours

Trading volume for SOL in the last 24 hours has surged to $5,752,796,918.77, representing a 38.1% increase compared to the previous day. The fully diluted market cap is $87,089,617,443.34, with a total supply of 603,725,050.78 SOL.

The prosecutor’s case focused on presenting witnesses, mainly from the Federal Bureau of Investigation, the Internal Revenue Service and hackers, who testified that Storm had the ability to modify Tornado Cash’s code to prevent illicit use by criminals but chose not to. Storm’s legal team put forth its own experts, including Ethereum core developer Preston Van Loon and NAXO co-founder Matthew Edman.

Today in crypto, IREN shares got a boost after it mined more Bitcoin than MARA in July, Tornado Cash co-founder Roman Storm was found guilty of conspiring to run an unlicensed money business, and an unfortunate investor lost $3 million to a phishing scam.

Ethereum (ETH) is currently priced at $2,440.15, reflecting a 24-hour percentage change of 4.35%. The market capitalization stands at $295.21 billion, mirroring the fully diluted market cap. There are 120,719,276.79 ETH in both total and circulating supply. The coin ranks #5 in popularity on Mudrex.

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, fintech, and iGaming industries. To support the free use of our website and sustain our editorial operations, some of the links published on our site may be affiliate links. This means we may receive a commission if you click through and take action—such as signing up for a service or making a purchase. These commissions come at no additional cost to you. Our affiliate relationships help us maintain an open-access platform, but they do not influence our editorial decisions. All news, reviews, and analysis are produced with journalistic independence and integrity. Thank you for supporting responsible and accessible reporting.

In a Wednesday decision in the US District Court for the Southern District of New York (SDNY), Storm was found guilty of one felony charge related to his role at Tornado Cash, according to court reports from Inner City Press.

cryptocurrency market news today

Cryptocurrency market news today

Solana’s blockchain has exploded in popularity for fast and cheap trades. Meme coins are a big part of that rise. The SOL token is trading at around $167, up 3.36%, and saw $4.74 billion in trading volume in just 24 hours.

Altcoins have taken an even harder hit. Solana (SOL) is down by nearly 4.8%, now priced at $171, while Cardano (ADA) and Dogecoin (DOGE) fell by 4.89% and 5.87% respectively. XRP also saw a drop of around 3.7%. The current sideways action across many tokens has pushed the Altcoin Season Index down to 37 out of 100, meaning that Bitcoin continues to dominate market attention.

Current Crypto News indicates that the market is active and evolving rapidly. Prices are fluctuating, new regulations are on the way, and large corporations are making savvy decisions. All these pieces of are making a great buzz in the world of cryptocurrency. It seems that digital currency is going into an even larger future.

The global cryptocurrency market and Crypto News is on the move. In the last 24 hours, it rose by 0.8%, pushing the total market cap to $3.82 trillion. The total trading volume in the same time was $123 billion, showing strong activity. Bitcoin remains the top coin with 59.7% dominance, followed by Ethereum at 11.5%. The Fear and Greed Index jumped from 52 to 55, reflecting growing confidence among traders.

The other significant issue of the day’s Crypto News is the pending Stellar Protocol 23 upgrade. On September 3, 2025, this upgrade will introduce smart contracts, accelerated transactions, and greater scalability.

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