Moody’s lowered the US credit rating from Aaa to Aa1 last Friday, citing continuous fiscal deficits and rising government debt over more than a decade. President Trump’s spokesman Steven Cheung strongly criticised the downgrade, claiming that Moody’s Analytics economist Mark Zandi’s analysis shouldn’t be taken seriously. Despite the downgrade, Moody’s acknowledged America’s significant economic strengths […]
Binance and Kraken successfully blocked social-engineering attacks similar to the recent Coinbase breach. Coinbase’s breach exposed sensitive customer data after insiders leaked names, addresses, and account info, leading to a failed US$20M extortion attempt. The company faces up to US$400M in potential losses. The rise in scams and hacks follows the market’s bullish rally, but […]
Bitcoin Magazine Bitcoin Records Highest Weekly Close Above $106K Bitcoin has officially recorded its highest-ever weekly candle close, finishing the week at $106,516. The milestone was achieved on Sunday evening, marking a notable moment in Bitcoin’s ongoing price history and underscoring growing institutional and retail interest. JUST IN: $107,000 #Bitcoin pic.twitter.com/Xt1JLm0Ke6 — Bitcoin Magazine (@BitcoinMagazine) […]
JPMorgan’s Dimon says clients can buy Bitcoin
The next day, another resident reported losing $10,000 investing in a cryptocurrency scam after viewing a testimonial advertisement online. Also …
According to a recent video by Edward Farina, founder of Alpha Lions Academy, XRP holders should think twice before selling every time the market dips. He pointed out that on May 12, XRP fell from $2.47 to $2.33—a 5.60% drop in 24 hours. Such moves stoke fear. But Farina says sticking around might pay off […]
As high gas fees push users toward alternative platforms, Uniswap’s recently introduced Layer 2 network, Unichain, aims to enhance user experience and maintain its competitive edge in the decentralized exchange space. In fact, the network is already nearing a $12 billion milestone in total trading volume just three months after it hit mainnet. Unichain’s Rapid […]
Crypto.com and asset manager Canary Capital are launching a US investment fund designed to provide exposure to the Cronos blockchain’s native token, CRO, the cryptocurrency exchange said in a statement. The Canary CRO Trust will hold the Cronos (CRO) token in a regulated fund wrapper, Crypto.com said, adding that the trust is not an exchange-traded […]
A widely followed market analyst is sounding the alarm about the surging number of large US companies going bankrupt this year. Citing data from S&P Global Market Intelligence, Adam Kobeissi, the founder and editor-in-chief of The Kobeissi Letter, tells his 898,600 followers on the social media platform X that 246 large US firms have gone […]
Chainlink’s CCIP is now live on Solana, enabling cross-chain transfers between Solana and major blockchains like Ethereum and BNB Chain. Chainlink’s Cross-Chain Protocol Goes Live on Solana Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now operational on Solana, marking its first deployment on a non-Ethereum Virtual Machine (EVM) blockchain via the v1.6 upgrade. The integration aims […]
TL;DR The crypto market faces a correction despite Bitcoin briefly reaching $107,000. Altcoins also fell, dragged down by profit-taking and cautious sentiment ahead of upcoming U.S. inflation data. Additionally, the sharp drop in Bitcoin ETF inflows and a security breach at Coinbase shook investor confidence. Still, the long-term fundamentals of the crypto ecosystem remain strong […]
Three cryptos have taken center stage in May 2025: BONK, Ondo Finance (ONDO), and FloppyPepe (FPPE). Investors and traders are eager to know the month’s ultimate pick, as BONK and Ondo Finance (ONDO) continue to gain traction, while FloppyPepe’s (FPPE) potential dominance is becoming undeniable. Will FloppyPepe (FPPE) take the charge, or will one of […]
Bitcoin Magazine Abraaj Restaurants Becomes First Bitcoin Treasury Company in the Middle East Today it was announced that Al Abraaj Restaurants Group B.S.C. has become the first publicly traded company in the region to adopt Bitcoin as a treasury reserve asset. The Bahrain-based hospitality firm announced today it has acquired 5 Bitcoin for its balance […]
Key Takeaways: Pi Network shuts down its central node, paving the way for full decentralization. Core Team mandates Horizon upgrade and hints at releasing source code. Speculation grows around Binance listing The Pi Network community is holding its breath as the project approaches what could be the most pivotal moment in its history. With a […]
Sahil Arora, a self-proclaimed crypto scammer, appeared in an interview with The New York Post to boast about stealing millions from investors. Arora’s primary scamming method was rug pulling meme coins, which he called the ‘biggest casino on Earth’. Low-cap meme coin trading remains highly risky, with traders chasing huge profits despite knowing the odds […]
0.01% instead of 0.15%: Crypto exhange Binance (BNB) announces massive fees cut for selected cryptos
[Today's Major Economic and Cryptocurrency Schedule] John Williams, President of the New York Fed Speech, etc. Published May 18, 2025, 7:06 PM. Uk …
Mike Novogratz, the chief executive officer of Galaxy Digital, believes that Bitcoin can reach $22 trillion in market capitalization in the next two decades, and may even surpass gold’s market cap in the long run. He credits the great wealth transfer for this massive shift. As per Knight Frank’s 2024 Wealth Report, millennials are set […]
Kazakhstan, the Maldives and Pakistan have recently outlined ambitions to position themselves as crypto hubs and build out their digital economies. Historically, these countries haven’t been top of mind for global crypto firms — though Kazakhstan did have a brief moment in the spotlight as a go-to destination for Bitcoin (BTC) miners after China’s mining […]
A closely followed crypto analyst is predicting Ethereum’s (ETH) path to all-time highs, as well as updating his outlook on two other big altcoins. Trader Michaël van de Poppe tells his 786,500 followers on the social media platform X that he’s expecting ETH to start making a run to $4,800 with anything below the $2,400 […]
Bitcoin has set a new milestone in on-chain metrics. Its Realized Capitalization has reached a fresh high of $906.04 billion for the fourth consecutive week. This metric reflects the total value of all unspent Bitcoin transaction outputs (UTXOs) based on their purchase price, and has now surpassed its previous record as BTC continues consolidating around […]
Bitcoin is currently priced at $102,554 with a market capitalization of $2.03 trillion. The 24-hour trading volume reached $47.58 billion, and the intraday price range fluctuated between $102,126 and $107,115. Bitcoin A recent rejection from the local high of $107,115 signals a significant turning point, especially with heightened selling pressure seen across all major timeframes. […]
The best NFT gambling sites in 2025 are HighRoller Casino, WSM Casino, Instaspin, Golden Panda, CoinPoker, Instant Casino, Mega Dice, Lucky Block, Wreckbet, and BC.Game. To determine the top options, we compared various NFT casinos using their features, pros and cons, security, fees, user experience, bonuses, and licensing. In this article, we will highlight details […]
Billionaire and hedge fund legend Steve Cohen reportedly believes that the US economy is not yet over the hump despite positive developments over the last few weeks. At the Sohn Investment Conference in New York, the head of Point72 Asset Management says there’s a 45% chance that the US will enter a period of economic […]
The US government is reportedly gearing up to announce a rollback in banking regulations that will provide financial institutions with looser capital requirements. President Trump’s administration is preparing to announce a reduction in the supplementary leverage ratio (SLR) for US banks’ capital reserves, the Financial Times (FT) reports, citing unnamed people familiar with the matter. […]
TL;DR Arthur Hayes, co-founder of BitMEX, claims that Bitcoin could reach $200,000 by the end of 2025 and hit one million dollars by 2028, driven by U.S. liquidity expansion and pro-crypto policies. He also warns of a new altcoin season, but with more moderate returns than in 2021. Hayes holds 20% of his portfolio in […]
Stellar’s (XLM) next move might be potentially decisive
A bill awaiting Gov. Polis' signature could help stave off cryptocurrency ATM scams that target the most vulnerable individuals.
Dogecoin may be gearing up for its next major move as technical signals begin to turn in the bull’s favor. After a period of consolidation and downward pressure, DOGE has broken out of a falling wedge pattern, one of the most reliable bullish reversal formations in technical analysis. This breakout suggests that the meme coin […]
A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. On May 19, the Australian Financial Review (AFR) reported that the decision arose within a […]
Bitcoin’s price initiated a sharp upward move on Sunday evening only to have a violent rejection that pushed it south by almost five grand in hours. Many altcoins have followed suit on the way down, with substantial losses from the likes of SOL, ADA, AVAX, SHIB, and others. BTC Stopped at $106K Last Monday was […]
Blockchain infrastructure provider Fireblocks has released its ‘State of Stablecoins 2025’ report, highlighting the growing importance of stablecoins in modern payment systems. The report indicates that stablecoins accounted for nearly half of the transaction volume on the Fireblocks platform in 2024, demonstrating their essential role in the modernization of global payments. With over 300 banks […]