Posts published on May 14, 2025 go to media archive 1/2

Could XRP Price lag be due to new PayFi Token Remittix, as it Soars to $15M Raised in ICO?

This content is provided by a sponsor. PRESS RELEASE. While the Bitcoin price has already climbed back to above $100k, the XRP price has remained stuck in the $2 zone. As XRP stalls, Remittix(RTX), an emerging PayFi protocol on Ethereum, is up over…

Kazakhstan to become ‘Central Asia’s crypto hub’ with reforms: Minister

Kazakhstan has the potential to become a leading crypto hub in Central Asia if regulatory restrictions are eased, according to Kanysh Tuleushin, the country’s first vice minister of digital development, innovation and aerospace industry.In a…

Asia’s wealthy shifting from US dollar to crypto, gold, China: UBS

High-net-worth clients across Asia are gradually pivoting away from US dollar-based investments, favoring gold, cryptocurrencies and Chinese assets instead, according to financial services giant UBS Group.“Gold is getting very popular,&rdquo…

Bitcoin miners halt sales as BTC gains 20% since hash ribbon ‘buy’ signal

Key points:Bitcoin miners have stopped selling their BTC in what may signal the end of a lengthy distribution streak.Over the past month, miner wallet balances have increased by around 2,700 BTC.Hash Ribbons data shows good times continuing for…

Ex-SEC Chair Gary Gensler privately supported crypto — McHenry

Former US Securities and Exchange Commission (SEC) Chair Gary Gensler may not have been as hostile to crypto behind closed doors as he appeared to be in public, according to former US Representative Patrick McHenry.In a May 13 appearance on the…

Crypto VC deals drop in Q1, but funding more than doubles: PitchBook

Crypto venture capital deals in the first quarter of 2025 saw deal values jump even as the number of deals sank from the same quarter a year ago, says PitchBook.The venture research firm said in its May 14 Crypto VC Trends report for Q1 that 405…

Ex-Cred execs plead guilty to wire fraud over $150M crypto collapse

Two former executives of the bankrupt crypto lending service Cred have pleaded guilty to wire fraud connected to the company’s collapse.Former Cred CEO Daniel Schatt and chief financial officer Joseph Podulka admitted to wire fraud as part of…

Semler Scientific sees after-hours stock slump as Q1 revenue plunges

Bitcoin-buying medical device firm Semler Scientific has seen its share price drop after the bell as its first-quarter revenues fell and losses deepened from the year-ago quarter.In its Q1 earnings report released May 13, Semler reported its total…

Synthetix makes $27M bid to re-acquire crypto options platform Derive

Decentralized finance platform Synthetix is planning to venture further into crypto derivatives with plans to re-acquire the crypto options platform Derive.Synthetix said in a May 14 blog post that it plans to acquire Derive in a token exchange…