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U.S. CFTC's Johnson Says She'll Also Exit, Leaving an Empty House for Incoming Chair

The last of the sitting commissioners for the U.S. regulator that may get top oversight duties over crypto is leaving along with all of her colleagues.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Apple Design Legend Jony Ive Joins OpenAI in $6.4 Billion Deal

OpenAI CEO Sam Altman said Jony Ive's hardware prototype is "the coolest piece of technology that the world has ever seen." What does this mean for Apple?

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

Investors Bet Millions on Bitcoin Price Following Record High

Bettors flocked to Polymarket, Kalshi and Myriad Markets to wager on Bitcoin's price action on Wednesday, shortly after the token's price surpassed $109,000.

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

The Proof-of-Security guard job thatโ€™s harder than mining Bitcoin blocks

DISCLAIMER: The below article is part of CryptoSlateโ€™s initiative to align Bitcoin and crypto events with the front page of the Internet. Stories contain satirical elements and may contain fictitious names or quotes for entertainment purposes. Virat Kohli refuses your cart at checkout. Ronaldo mans the receipt scanner. Welcome to Vishal Mega Mart, where clearing [โ€ฆ] The post The Proof-of-Security guard job thatโ€™s...

Published on: May 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Interest groups, lawmakers to protest Trump's memecoin dinner

Democratic leaning organizations and members of Congress have announced plans to protest what they describe as the sale of access to the office of the US president, in reference to Donald Trumpโ€™s memecoin dinner on May 22. The eventโ€™s attendees are said to have collectively spent over $100 million for the chance to meet with the US president.Since Trumpโ€™s memecoin project, Official Trump (TRUMP), announced that its top...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Trump Crypto Dinner: Hereโ€™s Who's Going

Thereโ€™s growing concerns around the anonymity of those attending President Trumpโ€™s crypto gala. We identified as many as we could.

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

Texas House lawmakers pass Bitcoin reserve bill with new amendments, Senate to vote again

Texas lawmakers approved legislation to establish a state-level strategic Bitcoin (BTC) reserve on May 21 after a 101โ€‘42 House vote, according to the House livestream. According to Bitcoin Laws, the SB 21 bill now needs to be approved again in the Senate with the Houseโ€™s added amendments. The Senate approved the previous iteration of the [โ€ฆ] The post Texas House lawmakers pass Bitcoin reserve bill with new amendments,...

Published on: May 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Texas House passes strategic Bitcoin reserve bill

The Texas House of Representatives has passed the third reading of SB 21, a bill that seeks to establish a strategic Bitcoin reserve in the state. The bill passed in a 101-42 vote and will now go to Texas Governor Greg Abbott to either sign into law or veto.SB 21, authored by state Senator Charles Schwertner, establishes a Bitcoin (BTC) reserve that is managed by the stateโ€™s comptroller. The legislation allows the...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Is Bitcoin price close to a cycle top? โ€” 5 indicators that help traders decide

Key takeaways:Bitcoin market cycle tops are notoriously hard to time, but combining technical and behavioral indicators can offer strong signals.The MVRV-Z Score, Pi Cycle Top indicator, trade volume trends, Puell Multiple, and exchange inflows accurately predict Bitcoin price cycle tops.Bitcoin (BTC) might be approaching the final stage of its current market cycle โ€” a dramatic final rally followed by a sharp...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Just Set an All-Time High Priceโ€”But Dogecoin Is Up Even More

Dogecoin is outpacing Bitcoin's gains over the last 24 hours as investors flood back into the altcoin market.

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

Hong Kong advances stablecoin legislation introducing new rules for issuers

Hong Kong has passed a landmark bill to regulate fiat-backed stablecoins, signaling its continued push to position itself as a global hub for digital finance. On May 21, Hong Kong lawmaker Johnny Ng confirmed that the Legislative Council approved the bill after its third reading. The new law is expected to take effect before the [โ€ฆ] The post Hong Kong advances stablecoin legislation introducing new rules for issuers...

Published on: May 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Sam Altmanโ€™s World Raises $135M in Token Sale to a16z and Bain Capital Crypto

Funds from the venture capital giants will be used for the network's expansion.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Coinbase Says Data Breach Impacting 69,461 Users Occurred in December

The notice shows that Coinbase has a granular understanding of how its customers are impacted by a recent data breach.

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

Bitcoin Overtakes Amazon as the Fifth Largest Asset, Hitting $2.16T Market Cap

Bitcoin rose to a new high of $109,400 on Wednesday before consolidating marginally lower.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Bank lobby is 'panicking' about yield-bearing stablecoins โ€” NYU professor

Americaโ€™s powerful banking lobby is โ€œpanickingโ€ over the potential of stablecoins to disrupt their traditional business model, particularly when it comes to yield-bearing stablecoins, according to Austin Campbell, a New York University professor and founder of Zero Knowledge Consulting. In a May 21 social media post that begins with, โ€œThe Empire Lobbies Back,โ€ Campbell claimed that the banking industry is especially...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

BTC nears ATH, InfoFi battle begins, Texas passes BTC bill

BTC nears ATH, InfoFi battle begins, Texas passes BTC bill FOMO HOUR EP362 BTC records highest daily close ever, nears ATH. Texas passes BTC reserve bill, heads to governor. ETH co-founder sends $262m ETH to Kraken. More Americans now own BTC than Gold. Strive to buy $8bn BTC claims for Mt Gox. Hyperliquid whale increases BTC long to $675m. New York City creates crypto advisory council. Societe Generale launches USD...

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

Chainlink Gains as Exchange Outflows Point to Strong Accumulation

LINK shows strong bullish momentum as $66M exits exchanges in 2 weeks. Analysts expect continued gains as DeFi adoption and investor accumulation grow.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin enters โ€˜acceleration phaseโ€™ resembling BTC price gains seen after Trump election victory

Key takeaways: The Bitcoin Quantile Model shows โ€œheatโ€ with price on the verge of an โ€œacceleration phase,โ€ echoing Q4 2024 when BTC embarked on a 45% post-election rally.Bitcoin (BTC) price has formed a new intraday high on each daily candle this week, with the crypto asset slowly grinding toward a new all-time high. In line with its current trajectory, 21st Capital co-founder Sina noted that Bitcoin is approaching a...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Ethereum holders back in profit as ETH price enters 'crucial area' for $3K breakout

Key points:Ethereum holders are back in profit, increasing chances for a rally to $3,000 and beyond.Ether sell pressure risk exists at $2,800, where 2.27 million ETH could be sold.Ether's recent surge to $2,700 on May 14 pushed its value above its realized price, implying that the average holder of ETH is โ€œnow back in an unrealized profit,โ€ according to Glassnode.Ethereum trades above its cost basisData from...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin hits new all-time high of $109K as trade war tensions ease

Bitcoin surged to a new all-time high after a temporary trade agreement between the United States and China eased macroeconomic fears and boosted investor confidence. Bitcoin (BTC) set a new high of $109,400 on May 21, rising more than 26% in the past month, according to data from TradingView. This climb to a record high came nine days after the White House announced a 90-day trade agreement between the US and China on...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Hits New Record High, Surging to $109.4K

The price surpassed the giddy level hit just hours prior to the inauguration of President Trump on January 20.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

How to handle crypto trading gains and losses on your balance sheet

Key takeawaysProperly accounting for crypto assets on your balance sheet is essential for accurate tax reporting and financial transparency.Crypto trading activities should be recorded like stock trading, at fair market value on the day of purchase.In some countries, like the US, crypto losses can offset gains, so keeping track of gains and losses is important for reducing taxable income.Whether youโ€™re an individual...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Crypto's real momentum isn't in the charts; it's in developer activity

Opinion by: Markus Levin, co-founder of XYOThe crypto community often experiences periods of heightened anxiety. Market downturns are often triggered by counterproductive sentiment-driven events rather than by fundamental issues, creating a significant disconnect between price behavior and the actual progress being made within the industry by the companies within it. What often goes unnoticed is how much real...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Cryptoโ€™s Market Penetration Tipping Point

Crypto is expected to cross the 10% threshold of adoption in 2025, marking the transition from niche to mainstream, says Psalion's Alec Beckman.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Tokenization is Full Steam Aheadโ€ฆ with Tracks Still Needing to be Built

STM.coโ€™s Jason Barraza shares TokenizeThis 2025 key takeaways on RWA tokenization momentum and the remaining challenges to address.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin bulls grill sellers as Japan debt woes send gold past $3.3K

Key points:Bitcoin and gold move higher in step amid jitters over Japanโ€™s debt problem reach โ€œboiling point.โ€$108,000 remains a keen target for Bitcoin bulls amid ongoing corporate buying.Some still see the current BTC price uptrend coming to an abrupt end.Bitcoin (BTC) kept up pressure on $108,000 at the May 21 Wall Street open as a trader flagged multiple bearish divergences.BTC/USD 1-hour chart. Source:...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Solana's Seeker Phone Coming in Early August Along With SKR Token

"SKR will power economy, incentives, and ownership across the ecosystem," said the mobile team at Solana Labs.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Justin Sun Emerges as Donald Trump Memecoin's Top Holder With $21.9M Stake

Sun has invested $75 million in World Liberty Financial, a decentralized finance project backed by the Trump family.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Crypto.com Buys Allnew Investments to Secure MiFID License to Offer Derivatives in Europe

This move bolsters the crypto exchange's presence in the region after it secured a MiCA license in January.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Crypto Founder Abducted in Uganda, Forced to Send $500,000 at Gunpoint

Mitroplus Labs said its founder was forced to send crypto from multiple wallets by men impersonating military officers.

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

GENIUS Act โ€˜legitimizesโ€™ stablecoins for global institutional adoption

Stablecoin adoption among institutions could surge as the United States Senate prepares to debate a key piece of legislation aimed at regulating the sector. After failing to gain support from key Democrats on May 8, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act passed the US Senate in a 66โ€“32 procedural vote on May 20 and is now heading to a debate on the Senate floor.The bill seeks...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

CoinDesk 20 Performance Update: Uniswap (UNI) Gains 7.2% as Index Climbs Higher

Avalanche (AVAX) was also among the top performers, rising 3.5% from Tuesday.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Guatemalaโ€™s largest bank integrates blockchain for cross-border payments

Guatemalaโ€™s largest bank, Banco Industrial, has integrated crypto infrastructure provider SukuPay into its mobile banking app, allowing locals to more easily receive remittances powered by blockchain technology.SukuPayโ€™s infrastructure has been fully embedded inside the Zigi payment app, allowing Guatemalans to receive funds from the United States instantly for a $0.99 flat fee, the company disclosed on May 21.Users of...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Mining Startup Sangha Sees $42M Revenue as It Breaks Ground on West Texas Pilot Project

The firm expects its 19.9 MW bitcoin mine to be running by the end of July.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Guatemala's Largest Bank Adopts Stablecoin Rails for U.S. Remittance Payments

SukuPay will allow Guatemalans to receive funds from the U.S. for a flat 99 cent fee, using only a phone number within their Banco Industrial mobile app Zigi.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk