According to Fox News, Taylor Swift has regained ownership of her music catalog, an event celebrated by Patrick and Brittany Mahomes (Fox News, May 31, 2025). This milestone is significant for crypto traders, as the music rights sector is increasingly intersecting with blockchain and NFT markets. Analysts note that high-profile artists reclaiming rights typically boost interest in music-related NFTs and tokenized royalties, which can drive trading volume and price action in related crypto assets. Traders should monitor NFT platforms and music token projects for increased activity and potential volatility following this news (Fox News, 2025).

According to Fox News, country star Morgan Wallen celebrates his 33rd birthday today, driving significant social media activity which has historically correlated with increased NFT and fan token trading volumes in the entertainment sector (Fox News, May 13, 2025). Traders should monitor the potential for short-term spikes in music-related crypto assets, such as artist NFTs or music fan tokens, as high-profile celebrity events often influence transaction volume and price volatility in these markets.

According to Fox News, Billy Ray Cyrus publicly praised his ex-wife Tish Cyrus and stated that their family is approaching healing after years of internal disputes (source: Fox News on Twitter, May 11, 2025). For traders, this development could signal renewed stability and positive sentiment around the Cyrus family brand, which has historically influenced music NFT valuations and celebrity token performance. Investors should monitor trading volumes and price action of related music NFT collections and celebrity tokens, as family reconciliation may drive increased demand and volatility in these crypto market segments.