The cryptocurrency market is booming during Thursday’s early morning hours, with bitcoin poised to recover price levels not seen since February. The leading cryptocurrency experienced an upswing of nearly 3%, reaching prices of over $99,000 on several exchanges. Similarly, ether also rose to levels not seen since April, surpassing the key $1,900 mark. This market […]
Key Takeaways: Movement Labs has terminated CEO and co-founder Rushi Manche following allegations of market manipulation involving the MOVE token. Binance suspended its planned MOVE airdrop and Coinbase halted trading of the token amid mounting controversy. Movement Labs has rebranded as Move Industries, introduced a new leadership team, and plans tech upgrades to rebuild trust. […]
Bitcoin Magazine Fidelity’s Chris Kuiper Presents “The Investment Case For Bitcoin” At Corporate Conference Speaking at Strategy World 2025 today, Chris Kuiper, Vice President of Research at Fidelity Digital Assets, challenged corporations to reexamine how they think about risk, capital allocation, and long-term financial health. “Bitcoin has outperformed every major asset class over the last […]
XRP price found support at $2.080 and started a fresh increase. The price is now gaining pace and might clear the $2.150 resistance zone. XRP price started a recovery wave above the $2.10 zone. The price is now trading above $2.120 and the 100-hourly Simple Moving Average. There was a break above a key bearish […]
Bitcoin has reclaimed $98,000 for the first time in almost three months after the US Federal Reserve said it would keep interest rates the same for another month. The Fed’s decision to keep interest rates unchanged comes despite mounting pressure from US President Donald Trump, who just weeks ago threatened to fire Fed chair Jerome […]
Banking giant Credit Suisse just pleaded guilty to conspiring to hide more than $4 billion from the U.S. Internal Revenue Service (IRS) in at least 475 offshore accounts. The U.S. Department of Justice (DOJ) says the bank breached a previous 2014 plea agreement and helped US customers open and maintain undeclared offshore bank accounts to […]
US Treasury Secretary Scott Bessent says digital assets may create a $2 trillion demand for US Treasuries in the coming years. In an appearance before a Congressional House Committee Tuesday morning focused on the international financial system, Bessent says the US should take a global leadership role on digital assets. “We believe that the United […]
Starting this month on a weak note after seeing almost 50% recovery in a month, Litecoin posted losses and mounted support above the $80 level. It regained strength and now looks bullish on the daily timeframe. Last month, Litecoin went through a major recovery after declining to its lowest level in five months. That recovery […]
Market is in state where direction of assets can change at any given moment
Paris on Politics: Regulating Cryptocurrency in Illinois. President Trump has talked about a desire to make America the Crypto capital of the …
Peter Schiff says the U.S. dollar is about to free fall, insisting the only way to end America’s trade imbalance is to end its reserve currency status. The End of Reserve Currency Status? US Dollar Faces Terminal Decline as Imbalances Surge Economist and gold advocate Peter Schiff issued a sweeping critique of U.S. economic policy […]
Key Takeaways: New Hampshire passes a historic bill allowing up to 5% of state funds to be invested in crypto. Bitcoin is currently the only digital asset that meets the law’s $500B market cap requirement. The move positions New Hampshire ahead of states like Arizona and Florida in crypto adoption. New Hampshire has taken the […]
Credit card giant Visa is investing in the stablecoin payments network BVNK as a means of upgrading its business-to-business transactions. In a new company blog post, BVNK chief executive and co-founder Jesse Hemson-Struthers says that Visa is investing an undisclosed amount into the firm as a means of automating and streamlining global stablecoin payments between […]
The messaging app used by some members of the Trump administration and the US government has been hacked, according to a new report. 404 Media reports that a hacker stole customer data from TeleMessage, an Israeli software company that provides modified versions of messaging apps like Signal. The US government reportedly uses modified apps to […]
TL;DR Chainlink has announced an innovative program called “Chainlink Rewards” to reward active LINK stakers. Space and Time, a key partner in the Build program, will contribute 200 million SXT tokens, equal to 4% of its total supply. The program will kick off on May 8, 2025, under the “Season Genesis” phase, and only users […]
TL;DR EOS recorded a 16% increase in the last 24 hours, driven by the upcoming transformation of the token, which will be renamed $A on May 14. Vaulta will not only change the token’s name but will turn EOS into a Web3 ecosystem focused on digital banking. Despite the rally, EOS’s RSI indicates there’s still […]
New Hampshire passed HB 302, becoming the first US state to establish a Bitcoin reserve. The law caps crypto exposure at 5% of public funds and requires assets be held via a qualified custodian or regulated investment product. New Hampshire just legalised the use of state cash for Bitcoin (BTC), beating every other state to […]
Crypto.com is growing its U.S. presence with a new regional office in Washington, D.C. This development comes as 21Shares has introduced a new Exchange-Traded Product (ETP) that gives investors regulated access to Crypto.com-supported blockchain Cronos. Return to the American Market According to a May 7 press release shared with CryptoPotato, the new office will be […]
Bitcoin Magazine Scotland’s Lomond School and Saifedean Ammous Launch New Bitcoin Scholarship Program In a bold new step blending education and Bitcoin innovation, Lomond School has announced the launch of the Satoshi Scholarships, a first-of-its-kind Bitcoin-powered scholarship initiative, according to a press release sent to Bitcoin Magazine. The announcement comes alongside a strategic partnership with […]
Bitcoin is finally showing signs of strength as it attempts to push above the $98,000 level, signaling a potential end to months of volatility and selling pressure. For the first time in weeks, bulls appear firmly in control, reclaiming momentum and building a case for a sustained uptrend. After a prolonged period of uncertainty, BTC […]
Binance founder and convicted felon Changpeng Zhao says that he applied for a pardon from US President Donald Trump shortly after denying reports that he was seeking one. Zhao, also known as CZ, said on a Farokh Radio podcast episode aired May 6 that he “wouldn’t mind” a pardon and that his lawyers have already […]
Bitcoin hits 65% dominance – will the Altcoins stage a comeback?
Coinbase released internal U.S. Securities and Exchange Commission communications showing that New York’s top law enforcement office urged the agency to classify Ethereum’s ether (ETH) as a security during its legal pursuit of crypto exchange KuCoin in 2023. The request, reportedly made by the New York Attorney General’s office, adds another layer to the ongoing […]
Commissioners gave initial approval to zoning changes that would allow data centers and cryptocurrency mines in the I-2 heavy industrial district.
Web3 ai’s 1747% Potential Challenges Pi and Chainlink as a Top Crypto to Invest in This May Market activity in May 2025 highlights a divide between momentum and function. Pi Network shows accumulation signals, while Chainlink aims for a breakout near $15. Both projects display movement, but their stories rely on technical strength rather than […]
Attorneys for Alex Mashinsky, the disgraced co-founder of crypto lending platform Celsius, are slamming the Department of Justice (DOJ)’s recommendation to keep their client behind bars for the rest of his life, instead asking for a lenient one-year sentence. In a new court filing, Mashinsky’s lawyers say that the government paints an unfair picture that […]
Uncertainty is driving gold’s price momentum, according to analysts at the capital markets newsletter The Kobeissi Letter. The Kobeissi Letter’s official account on the social media platform X notes that heading into this year, gold had been underperforming the S&P 500 by approximately 10% since 2020. “However, as uncertainty has risen, GLD is now up […]
The central bank committee members unanimously voted to keep rates unchanged and expressed concerns about the elevated levels of inflation. BTC Trends Upward After Fed’s Rate Decision The price of bitcoin (BTC) jumped 2% after the U.S. Federal Reserve decided to keep its policy rate in the 4.25% – 4.5% range on Wednesday afternoon sighting […]
Key Takeaways: AgriDex tokenizes farmland and agricultural goods using Solana’s fast, low-fee blockchain network $AGRI is one of the few Solana-based RWA tokens focused on agriculture, alongside Baxus and Ondo The platform enables fractional ownership, smart contract-based trading, and low-cost international transfers Bringing real-world assets (RWAs) on-chain, AgriDex ($AGRI) is changing the agriculture economy. AgriDex […]
What to know: Lyn Alden says a weaker dollar is necessary for the US to stabilize its financial system. Bitcoin and gold are well-positioned to benefit from de-dollarization. Sovereign wealth funds and various nations are already increasing their Bitcoin exposure as the dollar’s global dominance starts to wane. The weakening of the US dollar (DXY) […]
Movement Labs, the development firm behind the Movement network, has officially cut ties with co-founder Rushi Manche following revelations of undisclosed token deals and a disastrous market-making agreement. The leadership shakeup sent the price of the network’s native MOVE token spiraling to a new all-time low. A Sudden Fall from Grace Movement announced Manche’s firing […]
Bitcoin Magazine Revolut Integrates Lightspark for Lightning-Fast Bitcoin Payments in the UK and Europe Revolut, one of the world’s leading financial super apps with millions of users globally, has announced a major step forward in its cryptocurrency and payments offerings through a new strategic partnership with Lightspark, a company specializing in next-generation Bitcoin infrastructure. This […]