Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports
Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair and infuriating, CNBC reported. The crypto and infrastructure company, which is also listed in Canada…
WLFI Rejects US Senator Blumenthal’s Claims, Denies Zanker Ties
World Liberty Financial Inc. has denied claims of ties to Bill Zanker and his entity, calling these assertions unfounded. Blumenthal Claims Based on ‘Fundamentally Flawed Premise’ The Trump family-affiliated cryptocurrency company World…
Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally?
Key takeaways:Bitfinex margin longs fell 18%, despite Bitcoin price rising 24% in 30 days.$6.8 billion in long positions far outweight the current $25 million in shorts.Bitcoin options positioning and spot BTC inflows point to confidence from…
Ethereum Multi-Year Consolidation Could Spark A Parabolic Move – Details
Ethereum is holding strong above the $2,500 mark after a sharp rally in recent weeks, signaling renewed bullish momentum across the market. The second-largest cryptocurrency by market cap is now consolidating just below key resistance levels, with…
World Liberty Financial brushes off oversight concerns from Congress
Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by US lawmakers to investigate the president’s potential conflicts of interest.In a May 15 letter to…
A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X account saying it would approve spot Bitcoin (BTC) ETFs, to 14 months in prison.Following a May 16…
Christy Goldsmith Romero of the US Commodity Futures Trading Commission (CFTC) will step down on May 31, leaving three seats open at the financial regulator.In a May 16 announcement, Romero said her last day at the agency would be on May 31, ahead…
Basel Medical shares down 15% on $1B Bitcoin buying plans
Shares of Basel Medical Group are down around 15% after the healthcare company announced plans to buy $1 billion in Bitcoin for its corporate treasury. On May 16, Singapore-based Basel said it was “in advanced discussions with a…
Stablecoins Go Mainstream: 9 in 10 Financial Institutions Now Implementing, Execs Say
Stablecoins have transitioned from experimental projects to essential components of global payment systems, driven by speed, regulatory clarity, and infrastructure readiness, according to Fireblocks’ 2025 State of Stablecoins report. Fireblocks’…
Key points:A Bitcoin price close above $105,000 could accelerate momentum and trigger a rally to $130,000.Ether continues to gain strength, which is being mirrored by many altcoins.Bitcoin (BTC) has been consolidating between $100,718 and $105,819…
Crypto miner turned AI provider CoreWeave adds billions in market cap
Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly public company.CRWV stock climbed as much as 26.3%…
Settlement Denied: XRP Drops After Ripple Hits Legal Roadblock
Ripple’s bid to wrap up its long‑running fight with the US Securities and Exchange Commission hit a snag on May 15. A federal judge in New York tossed out the deal because it was filed the wrong way. This hiccup doesn’t change past rulings, but itâ€
Bitcoin breaks out while Coinbase breaks down: Finance Redefined
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams.While less than 1% of Coinbase’s active monthly users…
Dogecoin Whales Accumulate 1 Billion DOGE In A Month: Fueling Price Surge Speculation
Dogecoin is back in the spotlight after surging more than 50% in recent weeks, reclaiming bullish momentum across key timeframes. The meme-inspired cryptocurrency is now facing a critical demand zone, where bulls must hold the line to confirm the…
Xrpturbo Surges 80% In 30 Days, Outpacing Other XRP Ecosystem Projects On Coingecko
This content is provided by a sponsor. PRESS RELEASE. Xrpturbo (XRT), an AI Agent Launchpad on the XRP Ecosystem is defying market conditions and capturing attention with an impressive 80% price surge in just 30 days according to Coingecko…
Bitcoin supply crunch boosts confidence in $200K target for 2025 — Bitwise CIO
Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand.In an interview with Cointelegraph at Consensus 2025 in Toronto, the…
There Is No Evidence Ukraine Holds 46,000 BTC Despite Widespread Claims
Over the past week, speculation has circulated suggesting that Ukraine might move to establish a strategic bitcoin reserve (SBR). A senior government official reportedly indicated that a formal bill could soon be presented to the Ukrainian…
Steak ‘n Shake Now Accepting Bitcoin via Lightning Network Across U.S. Locations
Bitcoin Magazine Steak ‘n Shake Now Accepting Bitcoin via Lightning Network Across U.S. Locations Steak ‘n Shake has officially launched Bitcoin payments via the Lightning Network, following the announcement reported on May 9. At the…
US Senate will pass Stablecoin bill — Digital Chamber chief
The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association and advocacy…
Heritage Distilling Now Accepts Bitcoin and Will Hold It as a Company Asset
Bitcoin Magazine Heritage Distilling Now Accepts Bitcoin and Will Hold It as a Company Asset Yesterday, Heritage Distilling Holding Company, Inc. (NASDAQ: CASK), a leading U.S. craft spirits producer, announced that it will begin accepting Bitcoin…
Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’
Ethereum is again looking bullish following its gains of over 17% in the last seven days and the break above $2,500. Analysts have provided a positive outlook for the second-largest crypto by market cap, predicting that its price could soon go…
Bond Vigilantes Return: Rising Yields Fuel Recession Fears
Rising U.S. Treasury bond yields are fueling fears of tighter financial conditions, and potential recession risks as global markets grapple with heightened volatility. Flight to Safety or Prelude to Panic? Bond Market Signals Turn Ominous The yield…
Key points:Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction.Price discovery is keenly awaited, but downside predictions include levels further toward $90,000.BTC/USD has delivered highly patterned moves…
‘What If XRP Is The Next Bitcoin?’ Says Dave Portnoy
Dave Portnoy, the outspoken founder of Barstool Sports, used his debut appearance at CoinDesk’s Consensus 2025 to train the conference spotlight XRP. Speaking on the Metro Toronto Convention Centre mainstage, Portnoy acknowledged that he bought the…
From debanking to a banking arms race—The rise of stablecoins
Opinion by: Megan Knab, CEO, Franklin PayrollThere are few historical examples of such a massive about-face for an industry, from banks debanking crypto businesses to now embracing stablecoins. If you talk to most crypto startup founders or…
Europe’s MiCA law is motion, but can the crypto industry keep up?
The European Union’s Markets in Crypto-Assets regulation — better known as MiCA — is now in its critical implementation phase. Designed to unify crypto regulation across all 27 EU member states, MiCA promises clarity, consumer…
Violent crypto robberies on the rise: Six attacks that targeted investors
As cryptocurrency gains in popularity and price, some criminals are taking to violent measures to steal funds from high-profile crypto holders.Jameson Lopp’s GitHub repository, which logs such incidents, has recorded 22 “$5…
Ripple: Judge's settlement rejection has no effect on legal victory
Ripple’s legal chief said a US court’s rejection of a proposed XRP settlement with the Securities and Exchange Commission (SEC) does not pose a threat to Ripple’s win.Judge Analisa Torres of the US District Court for the Southern…
Bitcoin Price Watch: Can Consolidation Ignite the Next Rally?
Bitcoin price stood at $103,641 to $104,091 over the last hour on May 16, 2025, with a market capitalization of $2.05 trillion. The 24-hour trading volume totaled $31.98 billion, and prices fluctuated within an intraday range of $101,820 to…
Bitcoin treasury pivot lifts luxury watchmaker’s stock more than 60%
Shares of luxury watchmaker Top Win surged more than 60% in premarket trading after the company said it would adopt a Bitcoin accumulation strategy and had changed its name to AsiaStrategy. In a May 16 announcement, AsiaStrategy said it is…
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