Posts published on May 19, 2025 go to media archive 3/4

Texas Proposes Strategic Bitcoin Reserve Amid Push for Crypto Sovereignty

Key Takeaways: Texas Senate Bill 21 proposes creating a Texas Strategic Bitcoin Reserve managed by the State Comptroller. The reserve could hold billions in Bitcoin and select cryptocurrencies with over $500B in market cap. Texas positions crypto…

$107K fakeout or new all-time highs? 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week with a long-awaited breakout from a narrow trading range around $103,000. BTC price action grabs liquidity before reversing to its starting position, liquidating many an emotional trader on the way. A fakeout or…

Apple KYC glitch on Bybit draws swift executive response to recover $100K

Cryptocurrency exchange Bybit said it had involved team members, including an executive, to fix a glitch that affected a single user who could not go through an Apple-based know-your-client (KYC) system.In a May 18 X post, the Bybit China Team said…

Bitcoin bulls should 'be careful with longs' as BTC price risks $100K breakdown

Key takeaways:Bitcoin dropped over 4.5% on May 19, confirming a bearish divergence and threatening a break below $100,000.Analysts highlight $97,000–$98,500 as key support that the bulls must hold. A potential inverse head-and-shoulders…

Crypto Watchlist: Top Analyst Reveals 5 Altcoins With Major Upside

In his latest market rundown, Amsterdam-based trader and educator Michaël van de Poppe warns that “retail isn’t here in the markets as of yet” and notes that the widely-followed Altcoin Season Index is still languishing around 29—well below the

Coinbase faces lawsuit over alleged breaches of Illinois biometric privacy law

A group of Coinbase users from Illinois have filed a class-action lawsuit against the crypto exchange, alleging that its identity checks violate the state’s Biometric Information Privacy Act (BIPA).Plaintiffs Scott Bernstein, Gina Greeder and…

Bitcoin notches record weekly close after highest-ever daily close candle

Bitcoin has notched its highest-ever weekly close as crypto market momentum continues and the cryptocurrency is again nearing its all-time high.Bitcoin (BTC) has closed at a weekly gain for the past six weeks in a row, and its most recent close at…