NYC Mayor doubles down on crypto push ahead of city summit
Eric Adams spoke at a press conference in New York City on May 12 to announce that it was “open for business” for crypto firms. New York City Mayor Eric…
SEC Chair: Blockchain ‘holds promise’ of new kinds of market activity
SEC Chair Paul Atkins signaled a shift from enforcement-first policy to clear rulemaking during the Commission’s roundtable on May 12. Blockchain technology could enable “a broad swath of novel use…
US prosecutors recommend 2 years for SEC hacker
Authorities have asked for 24 months for Eric Council Jr., the individual who pleaded guilty to a charge for compromising the SEC’s X account in 2024. The US government has…
Coinbase to become the first crypto firm to join the S&P 500
Crypto exchange Coinbase will soon be indirectly added to millions of investment portfolios as it is set to join the S&P 500 index on May 19. Crypto exchange Coinbase Global…
Price predictions 5/12: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI
Bitcoin is witnessing profit booking near its all-time high, but it is likely to find solid support at $100,000. Will altcoins follow? Key points: Bitcoin price saw profit booking near…
Bitcoin profit taking at $106K the first stop before new all-time BTC price highs
Bitcoin data suggests that potential profit-taking in the $106,000 range is likely to occur before BTC bulls attempt to set new all-time highs. Key Takeaways: Bitcoin exhibits a bearish breakout…
Bitcoin price sells off after Trump’s US-China tariff deal — Here is why
Bitcoin price takes an unexpected turn to the downside even as stocks soar following the US-China trade deal announcement. Key takeaways: Bitcoin lags as investors shift toward stocks after the…
USDt market cap hits $150B for first time as Tether eyes US expansion
Despite restrictions in many developed markets, USDt still commands 61% of the total stablecoin market by circulating supply. Tether’s USDt (USDT) surpassed a $150 billion market capitalization for the first…
Cryptoquant CEO Predicts the Rise of ‘Dark Stablecoins’
Ki Young Ju, CEO of Cryptoquant, states that due to upcoming regulations, dark stablecoins—an alternative not under government control—will rise as people use them for large international transfers and other…
Crypto.com to Power Dubai’s First Government Crypto Payment Channel
Dubai Finance (DOF) has partnered with cryptocurrency platform Crypto.com to enable cryptocurrency payments for government service fees, marking the first such initiative by a government globally, officials announced Monday. Dubai…
Analyst Warns Bitcoin Rally Fleeting, Needs More Than Trade Truce for $110K Breakout
James Toledano says bitcoin’s breakout to $110,000 is within reach, but he warns that the crypto asset’s rebound is currently driven more by sentiment than by strong fundamentals. Bitcoin Rebound…
Bitcoin Slips Below $101K as $700M in Liquidations Rock Crypto Market
Bitcoin is trading at $101,645, down 2.79% over the past 24 hours, while ethereum follows at $2,432, marking a 2.9% daily decline. The downward movement coincides with a cascade of…
Bitcoin short-term ‘technical sell-off’ under $100K possible ahead of May 13 CPI print
Bitcoin sells off after nearly rallying to $106,000, but data suggests the correction will be short-lived. Key takeaways: Possible de-risking ahead of the May 13 CPI print could be playing…
US crypto funds smash old record amid 4-week inflow streak
Continued inflows have brought the total assets in global crypto funds to $169 billion, just 2.5% below the historic record of $173.3 billion seen in the last week of January.…
DeGods NFT founder steps down as collection gains traction
DeGods creator Frank DeGods resigns as CEO after three years, as the NFT collection sees a 101% sales spike on Solana. The creator of the non-fungible token (NFT) collection DeGods…