Mashinsky’s 12-year sentence sets tone of enforcement in Trump era
The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud. Mashinsky’s legal team sought a light sentence. They highlighted his spotless record before the…
OCC Gives Banks the Green Light to Offer Bitcoin and Crypto Custody and Trading Services
Bitcoin Magazine OCC Gives Banks the Green Light to Offer Bitcoin and Crypto Custody and Trading Services The Office of the Comptroller of the Currency (OCC) has issued new guidance confirming that national banks and federal savings associations…
Bitcoin Price Watch: On the Verge of History With Only 7.44% Left to Break All-Time High
Bitcoin’s price is coasting along at $101,251 on May 8, 2025, leaving a 7.44% gap before reaching its all-time high. With a market capitalization of $2.01 trillion and a 24-hour trading volume of $58.84 billion, bitcoin’s current positioning…
Bitcoin hits $101.7K as US strategic reserve bills become law and BTC mass adoption accelerates
Key takeaways: Bitcoin rallies to $101,707 against a backdrop of strong fundamentals in the regulatory and traditional finance space.Traders are confident that $100,000 will hold as support.Bitcoin (BTC) price rallied above $100,000 on the heels of…
Commissioner Hester Peirce Unveils SEC’s Flexible Framework for Tokenized Securities
U.S. Securities and Exchange Commission (SEC) official Hester Peirce proposed a regulatory exemption framework for crypto-related securities trading during her May 8, 2025 keynote in Washington D.C., balancing investor protection with technological…
Cardano Approaches Critical Resistance – Break Above Could Trigger Move To $0.80
Cardano is gaining bullish traction, pushing above the $0.70 mark as it attempts to reclaim the $0.75 resistance level. With Bitcoin surging toward the $100K barrier and Ethereum breaking out above $1,900, the broader crypto market is heating…
US Stablecoin bill blocked as Democrats withdraw support
The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on May 8, dealing a slight blow to cryptocurrency regulation in the country.The bill…
Three New U.S. State-Level Bitcoin Bills Signed Into Law
Bitcoin Magazine Three New U.S. State-Level Bitcoin Bills Signed Into Law This week, three U.S. states have enacted bitcoin-related bills into law. On Tuesday, New Hampshire became the first state to sign into law a bill that would allow for the…
Trump tricked into pushing XRP for crypto reserve: Report
US President Donald Trump was reportedly manipulated by a lobbyist tied to Ripple Labs into announcing the XRP token would be part of his plans for a national cryptocurrency reserve.According to a May 8 Politico report, an employee of pro-Trump…
Bitcoin ETFs Bounce Back With $142 Million Inflow While Ether ETFs See Another Red Day
Bitcoin ETFs snapped back with a $142 million inflow after Tuesday’s dip, led by strong interest in ARKB and FBTC. Ether ETFs, meanwhile, continued their slide with a $21.77 million outflow driven solely by Blackrock’s ETHA. Bitcoin ETFs Rebound…
SEC considers new rules easing security token issuance
Updated to correct that the SEC sent a Wells notice to Uniswap but did not bring charges.The US Securities and Exchange Commission (SEC) is considering rule changes to let companies more freely issue tokenized securities, SEC Commissioner Hester…
Bitcoin Hits $100K as Institutional Money Pours In
The last time the cryptocurrency topped six figures was in February shortly after reaching its all-time high of $109,114.88 in late January. BTC Breaks $100K Barrier as Institutions Dive In Bitcoin ( BTC) broke through the $100K barrier on Thursday…
XRP Price Repeating History? 2017-Like Rally To Send Price To $10
Crypto analyst ArShevelev has raised the possibility of history repeating itself for the XRP price. If so, the analyst indicated that the altcoin could witness a 2017-like rally, which would send its price to double digits. XRP Price To Reach $10…
Trump Rips Fed Chief as ‘Fool’ After Rate Freeze, Declares ‘Golden Age’ Is Coming
On Thursday, U.S. President Donald Trump blasted the Federal Reserve and its Chair, Jerome Powell, after the central bank kept the federal funds rate unchanged the day prior. He hopped onto social media via Truth Social and branded Powell a “fool.”…
Bitcoin Magazine What is a Strategic Bitcoin Reserve? A Strategic Bitcoin Reserve is a designated accumulation of Bitcoin (BTC) held by a government, institution, or corporation to secure financial stability, hedge against inflation, and reinforce…
Asia Gaming Invests $50 Million in WillBet – A Bet on the Future of Global Gaming
This content is provided by a sponsor. PRESS RELEASE. In a move reminiscent of SoftBank’s legendary 8-minute decision to back Jack Ma, Asia gaming has announced a $50 million strategic investment in WillBet, signaling a major shift in the global…
Arizona Becomes Second State to Establish Strategic Bitcoin Reserve
Bitcoin Magazine Arizona Becomes Second State to Establish Strategic Bitcoin Reserve Arizona has made history by becoming the second state in the U.S. to create a Strategic Bitcoin Reserve. On Thursday, Governor Katie Hobbs signed House Bill 2749…
Are layer 2s good for Ethereum, or are they ‘extractive?’
Layer 2s have been a great blockchain success story. They’ve reduced congestion on the Ethereum mainnet, driving down gas fees while preserving security.But maybe they’ve become too successful, drawing chain activity and fee income from…
Missouri bill ending capital gains tax heads to governor for signature
Missouri House Bill 594, a bill that would eliminate capital gains tax in the US state, has passed a vote in the state House of Representatives and now heads to Missouri Governor Mike Kehoe's desk for signature.According to attorney Aaron Brogan…
Bitcoin Blasts Past $100K as Trump Hints at Global Trade Deals
Bitcoin cracked the $100,000 ceiling on Thursday for the first time since February, notching a high-water mark that had traders buzzing. During the morning stretch, it floated near $99,800 before catapulting to an intraday top of $101,454. The…
VWAPs Don’t Lie—XRP Faces Judgment Day At Monthly Support
XRP is drifting back to the lower boundary of a five-month trading range, yet the higher-time-frame structure remains intact, according to a daily chart published on May 7 by analyst Dom (@traderview2). The chart covers late-December 2024 through…
Sculpting Scarcity: Artist Maxfield Mellenbruch Brings Rare Steak Worth Millions To Bitcoin 2025
Bitcoin Magazine Sculpting Scarcity: Artist Maxfield Mellenbruch Brings Rare Steak Worth Millions To Bitcoin 2025 Maxfield Mellenbruch — an American sculptor, designer, and the creator of the iconic Kialara series — returns to the bitcoin stage…
Bitcoin price reclaims $100K for first time since January
Bitcoin has reclaimed the $100,000 price level for the first time since January, reflecting renewed bullish sentiment among investors.Bitcoin (BTC) reclaimed the $100,000 mark on May 8 at 3:22 pm UTC, surging 4.2% from the intraday low of $95,967…
Coinbase To Acquire Bitcoin And Crypto Options Platform Deribit For $2.9B
Bitcoin Magazine Coinbase To Acquire Bitcoin And Crypto Options Platform Deribit For $2.9B Bitcoin and crypto exchange Coinbase has agreed to acquire derivatives trading platform Deribit for $2.9 billion, marking the largest acquisition in the…
Standard Chartered Analyst Apologizes For $120K Bitcoin Price Prediction, Says It Is Too Low
Bitcoin Magazine Standard Chartered Analyst Apologizes For $120K Bitcoin Price Prediction, Says It Is Too Low Standard Chartered’s Head of Digital Assets, Geoffrey Kendrick, is rethinking his bullish bitcoin forecast, and not because he was too…
Ex-Celsius CEO asks to travel for a wedding after sentencing
Former Celsius CEO Alex Mashinsky will probably be allowed to travel for his daughter’s wedding regardless of the outcome of his May 8 sentencing hearing.In a May 8 filing in the US District Court for the Southern District of New York, Judge…
Report Exposes 98.6% of Solana Meme Coins on Pump.fun as Fraudulent
A new report by blockchain analytics firm Solidus Labs reveals that 98.6% of tokens launched on Solana’s Pump.fun and 93% of liquidity pools on Raydium exhibited signs of fraudulent activity, including pump-and-dump schemes and rug pulls. Solana’s…
HTX and Justin Sun Launch $6M Mars Program Special Edition, Offering One User a Historic Space Journey
This content is provided by a sponsor. PRESS RELEASE. Singapore, May 8, 2025 – HTX, a leading global cryptocurrency exchange, has launched the Mars Program: Special Edition, a landmark campaign that will send one user on a $6 million space voyage…
User experience could be crypto’s superpower—or its kryptonite
Opinion by Jonathan Farnell, CEO of FreedxIt’s 2025, and over 560 million people worldwide are already using cryptocurrency — roughly 17 times the population of Tokyo. That’s a vibrant community, yet for every user who’s…
Ethereum ‘Extremely Undervalued Against BTC’ – Supply Pressure May Delay Recovery
Ethereum has finally broken through a key resistance level, trading above $1,900 after pushing past the long-standing $1,850 barrier. This move marks the beginning of a breakout many hoped for—but few expected to arrive so soon. After weeks of…
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