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Crypto skeptic to release SBF, Mashinsky interviews in documentary
Ben McKenzie, an actor known for his roles on television shows including Gotham and The OC, will make his directorial debut in a scathing documentary about cryptocurrency.According to an April 29 Deadline report, McKenzie wrote, directed, and produced the documentary Everyone Is Lying To You For Money, set to premiere at SXSW London in June. The film features footage from 2022 of former FTX CEO Sam โSBFโ Bankman-Fried...
Published on: May 02, 2025 | Source:
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Riot Platforms Posts Mixed Q1 Results as Effects of Bitcoin 'Halving' Linger
The Bitcoin miner slightly outperformed Wall Street's revenue expectations, but its shares still swung to a loss.
Published on: May 02, 2025 | Source:Amazon Begins Rolling Out Enhanced AI-Powered Alexa+ Assistant
Amazon's Alexa+ debuts in the United States, offering a purportedly smarter, more conversational assistant experience using generative AI.
Published on: May 02, 2025 | Source:BTC Dominance Rises, Saylor wants $82B BTC, BOOP Launches
BTC Dominance Rises, Saylor wants $82B BTC, BOOP Launches FOMO HOUR EP349 FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube...
Published on: May 02, 2025 | Source:Riot Platforms reports $296M net loss in Q1 despite record revenues
Riot Platforms reported record revenue of $161.4 million in the first quarter of 2025, more than doubling its $79.3 million revenue from a year ago, according to its latest earnings report. The Bitcoin (BTC) miner said it continued to scale operations and capitalize on stronger market conditions during the quarter. The Texas-based firm, one of [โฆ] The post Riot Platforms reports $296M net loss in Q1 despite record...
Published on: May 02, 2025 | Source:Bitcoin ETFs, govโt adoption to drive BTC to $1M by 2029: Finance Redefined
The cryptocurrency market continued its recovery in the past week as the total crypto market capitalization breached the $3 trillion mark for the first time since the beginning of March.Bitcoin (BTC) rose to an over two-month high of $97,300 last seen at the end of February, before the โLiberation Dayโ tariffs announcement in the US, bolstering analyst predictions for a rally driven by โstructuralโ institutional and...
Published on: May 02, 2025 | Source:The SEC Can Learn From the IRS in Making Regulation Simpler for Crypto
The IRS has relied on voluntary disclosure programs to bring taxpayers into compliance rather than imposing punitive actions upfront. A similar model should be applied to crypto regulation as well, says Miles Fuller, Director of Government Solutions, TaxBit.
Published on: May 02, 2025 | Source:Bitcoin is a matter of national security โ Deputy CIA director
The US Central Intelligence Agency is increasingly incorporating Bitcoin (BTC) as a tool in its operations, and working with the cryptocurrency is a matter of national security, Michael Ellis, the agencyโs deputy director, told podcast host Anthony Pompliano.In an appearance on the market analyst and investorโs show, Ellis told Pompliano that the intelligence agency works with law enforcement to track BTC, and it is a...
Published on: May 02, 2025 | Source:Bitcoin hits new 10-week high as Trump demands rate cut on US jobs beat
Key points:The US labor market is โstill holding upโ as nonfarm payrolls data comes in higher than expected.Bitcoin and stocks head higher as US President Donald Trump repeats calls for the Fed to lower interest rates.BTC price action may spark a โliquidity grabโ above $97,000, a trader warns.Bitcoin (BTC) hit new multimonth highs after the May 2 Wall Street open as US nonfarm payrolls data beat expectations.BTC/USD...
Published on: May 02, 2025 | Source:Cambodian Huione Group Received $98B in Crypto Leading to U.S. Crackdown: Elliptic
The group rolled out its own stablecoin in January to avoid traditional currency restrictions.
Published on: May 02, 2025 | Source:Large $422 million inflow into Bitcoin ETFs as BlackRock dominates with $351 million
Bitcoin exchange-traded funds recorded $422 million in inflows on May 1, led by BlackRockโs IBIT, which added $351 million. The move followed Thursdayโs outflow, which broke an eight-day win streak and pushed cumulative net flows for US-listed spot BitcoinETFs back to $39.5 billion since their launch (including Grayscale outflows), according to Farside Investorsโ data. Total [โฆ] The post Large $422 million inflow into...
Published on: May 02, 2025 | Source:Kevin OโLeary: โCrypto Will Be the 12th Sector of the Economyโ
Ahead of Consensus 2025, the investor and TV personality shares his crypto portfolio strategy, why he wonโt touch bitcoin ETFs, and what could unleash trillions into digital assets.
Published on: May 02, 2025 | Source:European Bitcoin treasury company launches $20B Bitcoin strategy
European Bitcoin treasury company The Blockchain Group confirmed its return to profitability while unveiling aggressive plans to expand its Bitcoin reserves over the coming years. The Paris-listed firm, which formally rebranded itself as Europeโs first โBitcoin Treasury Company โ in November 2024, recorded a net profit of 1.36 million for 2024, reversing a 22.7 million [โฆ] The post European Bitcoin treasury company...
Published on: May 02, 2025 | Source:GTA 6 Preview: Everything You Need to Know About the New Grand Theft Auto
UPDATE: It's officialโGTA 6 has been delayed into 2026. Here's the latest on the next Grand Theft Auto with the firm launch date.
Published on: May 02, 2025 | Source:FCA Asks for Public Feedback on UK Crypto Legislation
The UK's Financial Conduct Authority is seeking feedback on crypto assets on the path towards a more regulated market.
Published on: May 02, 2025 | Source:Free speech is at risk without decentralized, open-source technology
Opinion by: Chris Jenkins, adviser to Pocket NetworkTim Berners-Leeโs vision of the World Wide Web is dead. Instead of an open and accessible global information system, the web is controlled by centralized global data conglomerates, which donโt just restrict free speech but also monetize your data as a price of entry. Web2 firms have built walled gardens with massive information asymmetry between companies and...
Published on: May 02, 2025 | Source:Strategyโs $84B Bitcoin Expansion Plan Backed by Wall Street Analysts
Sell-side bulls from Benchmark and TD Cowen viewed Michael Saylor and team's plan as a bold yet realistic escalation of its bitcoin-focused strategy amid rising institutional interest.
Published on: May 02, 2025 | Source:Ether more โlike a memecoin,โ says trading firm as ETH drops 45% YTD
As Etherโs price has struggled in the first quarter of 2025, a US-based investment adviser firm, Two Prime, has dropped support for ETH and adopted a Bitcoin-only strategy.After lending $1.5 billion in loans both in Bitcoin (BTC) and Ether (ETH) over the past 15 months, Two Prime decided to ditch ETH to focus solely on BTC asset management and lending, the firm announced on May 1.โETHโs statistical trading behavior,...
Published on: May 02, 2025 | Source:Moon soon? XRP's strongest spot premium aligns with 70% rally setup
Key takeaways:XRPโs strongest spot premium phase suggests real buying demand, not just speculative futures trading. The number of XRP addresses holding 10,000 tokens has steadily climbed, even during recent price pullbacks. A falling wedge pattern points to a possible breakout toward $3 to $3.78, with up to 70% upside if confirmed.XRP (XRP) is experiencing its strongest sustained phase of spot premium in history, a...
Published on: May 02, 2025 | Source:Goldman Sachs looks to 24/7 tokenized Treasuries, money market trading in US
Goldman Sachs aims to bring tokenized Treasuries and money market fund shares into round-the-clock trading, according to digital assets head Mathew McDermott at TOKEN2049 in Dubai. The move reflects broader ambitions to integrate traditional collateral into blockchain infrastructure as clients increase demand for on-chain exposure. The firm already operates a crypto derivatives desk and is [โฆ] The post Goldman Sachs...
Published on: May 02, 2025 | Source:Bitcoin unsure as recession looms, US-China tariff talks kick off
Bitcoinโs recovery to its all-time high may be threatened by rising recession fears, which could ease if the United States and China begin tariff negotiations this month, research analysts told Cointelegraph.Appetite for global risk assets such as Bitcoin (BTC) may take another hit, with analysts from Apollo Global Management predicting a recession by the summer.โApollo predicting Summer Recession: Sharpest decline in...
Published on: May 02, 2025 | Source:Kraken achieves revenue boost in Q1 2025 but faces North Korean hacking scare
Kraken started 2025 on a high note, reporting a 19% increase in revenue year-over-year to $472 million for the first quarter. The May 1 earnings statement also highlighted a 1% quarter-over-quarter rise in adjusted EBITDA, reaching $187 million. Meanwhile, the companyโs performance indicators showed similar momentum. The firm noted that its total trading volume rose [โฆ] The post Kraken achieves revenue boost in Q1 2025...
Published on: May 02, 2025 | Source:UK regulator moves to restrict borrowing for crypto investments
The United Kingdomโs financial regulator, the Financial Conduct Authority (FCA), plans to stop retail investors from borrowing money to fund their crypto investments.According to a May 2 Financial Times report, the ban on borrowing to fund crypto purchases is one of the upcoming crypto rules by the FCA. David Geale, FCA executive director of payments and digital finance, told the FT that โcrypto is an area of potential...
Published on: May 02, 2025 | Source:CoinDesk 20 Performance Update: SUI Drops 5.9% as Index Trades Lower
Avalanche (AVAX) was also among the underperformers, falling 2.4% from Thursday.
Published on: May 02, 2025 | Source:Are Donald Trumpโs tariffs a legal house of cards?
On Wednesday, speaking from the White House, US President Donald Trump suggested that families scale back on gifts this year.Asked about his tariff program, the president remarked, โSomebody said, โOh, the shelves are gonna be open. Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more.โโBut the toy stores where those dolls are sold might have...
Published on: May 02, 2025 | Source:Bitcoin edges towards $97,000 as US labor market exceeds job growth expectations
The US labor market added 177,000 jobs in April, exceeding expectations of 130,000, according to the latest nonfarm payrolls report (BLS). The unemployment rate remained steady at 4.2%, matching forecasts and tying a 17-month high. Average hourly earnings rose 0.3% month over month and 3.8% year over year, reflecting stable wage growth. Job gains were [โฆ] The post Bitcoin edges towards $97,000 as US labor market...
Published on: May 02, 2025 | Source:Tetherโs U.S.-Focused Stablecoin Could Launch Later This Year, CEO Paolo Ardoino Says
The company's U.S. plans depend on the final stablecoin legislation, and is aiming to create a "payment product" that institutions can use, Paolo Ardoino said in a CNBC interview.
Published on: May 02, 2025 | Source:U.S. Added Stronger Than Expected 177K Jobs in April
The price of bitcoin was modestly lower at $96,700 in the moments following the news.
Published on: May 02, 2025 | Source:Bitcoin Dominance Hits Four-Year High As BTC Price Tops $97,000
Bitcoin dominance is up to 64.89%, up from around 57.9% at the start of the year, as its price inches closer to $100,000.
Published on: May 02, 2025 | Source:Bitcoin Traders Brace for โSell in May and Go Awayโ as Seasonality Favors Bears
Could a centuries-old seasonal market pattern be a sign of further losses? Bitcoinโs five-year performance leans toward โyes.โ
Published on: May 02, 2025 | Source:KuCoin to reenter South Korea after securing key markets: CEO
Crypto exchange KuCoin said that it may reenter South Korea after its platform was blocked in the country.On March 21, South Korean regulators ordered Google Play to block access to exchanges that were not compliant with the requirements needed to operate in the country. On April 11, South Koreaโs Financial Services Commission (FSC) ordered the Apple Store to block unregistered crypto exchanges.KuCoin was among those...
Published on: May 02, 2025 | Source:Kraken's Quarterly Revenue Jumps 19% to $472M in Q1, Trading Volume Rises by 29%
The exchange posted adjusted EBITDA of $187 million, a 1% increase from the previous quarter and a 17% rise year-over-year.
Published on: May 02, 2025 | Source:Two Prime Ditches Ethereum for Bitcoin, Citing โMeme Coinโ Behavior
The algorithmic trading firm announced that it is dropping all exposure to Ethereum, calling it โstatistically broken.โ
Published on: May 02, 2025 | Source:EU to ban anonymous crypto accounts and privacy coins by 2027
The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027.Under the new Anti-Money Laundering Regulation (AMLR), credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies, such as...
Published on: May 02, 2025 | Source:Google Adds Blockchain Tech to Wallet to Let Users Prove Age Without Sharing Data
The new cryptographic system lets users prove theyโre old enough to use restricted applications without giving more information than required.
Published on: May 02, 2025 | Source: