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Guatemala’s largest bank integrates blockchain for cross-border payments
Guatemala’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.SukuPay’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:
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Hong Kong passes stablecoin bill, set to open licensing by year-end
Hong Kong’s Legislative Council passed the Stablecoin Bill, paving the way for a regulated framework that could position the region as a global leader in digital assets and Web3 development. In a May 21 post on X, Legislative Council member Johnny Ng Kit-Chong said the bill had passed its third reading, clearing the final hurdle for adoption.“It is expected that by the end of this year, major institutions will be able...
Published on: May 21, 2025 | Source:Bitcoin Mining Profitability Fell in April as Network Hashrate Rose: Jefferies
U.S.-listed miners also produced fewer bitcoin last month than in March.
Published on: May 21, 2025 | Source:XRP-BTC Pair Flashes First Golden Cross, Hinting at Major Bull Run for XRP
The pattern has raised the probability of ratio breaking out of its prolonged sideways trend in a sign of major XRP uptrend.
Published on: May 21, 2025 | Source:Yield-bearing stablecoins surge to $11B, now 4.5% of market: Report
Yield-bearing stablecoins have soared to $11 billion in circulation, representing 4.5% of the total stablecoin market, a steep climb from just $1.5 billion and a 1% market share at the start of 2024.One of the biggest winners is Pendle, a decentralized protocol that enables users to lock in fixed yields or speculate on variable interest rates. Pendle now accounts for 30% of all yield-bearing stablecoin total value...
Published on: May 21, 2025 | Source:Iowa Court Rules in Favor of Bitcoin ATM Operator in Scammed Money Case
The decision reversed a lower court ruling that seized cash totalling $28,000 should be returned to the scam victims.
Published on: May 21, 2025 | Source:Bold Technologies and My Aion launch $2.5B smart city AI platform
Abu Dhabi-based Bold Technologies, a subsidiary of conglomerate Bold Holdings, has partnered with international artificial intelligence company My Aion to launch a $2.5 billion smart-city initiative aimed at transforming urban infrastructure through AI.The companies announced the development of a platform called Aion Sentia Cognitive City, which manages complex urban systems. The platform will be powered by Maia, an AI...
Published on: May 21, 2025 | Source:How high can Bitcoin price go?
Key takeaways:Bitcoin gained 14% since May 5, breaking $108,000 for the first time since January.Targets of $140,000 and even $200,000 are increasingly discussed for 2025.Bitcoin (BTC) price has climbed by more than 14% since May 5, rallying to $107,000 on May 21.Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin rose 3.6% to a four-month high of $108,000 on May 21 from a low of...
Published on: May 21, 2025 | Source:Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi
Bitcoin Suisse secured an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking a major step in the Swiss crypto firm’s expansion beyond the European Union.The Swiss crypto financial service provider received the in-principle approval through its subsidiary BTCS (Middle East), according to a May 21 news release.The IPA is a precursor to a full...
Published on: May 21, 2025 | Source:UNDER EXPOSED EP 26 - Moody’s and Macro, ETH Fakeout and Trading Roundtable
UNDER EXPOSED brings you coverage of the biggest macro news of the week impacting crypto and broader markets, with a focus on the newest trends, trades and narratives. Join hosts TylerD, Deeze, Geebz and Peter Jennings as they have longer conversations on the hottest sectors in crypto and NFTs, what is moving markets and what they’re buying and selling. Streaming live every Tuesday from 12:00 PM EST to 1:00 PM EST on...
Published on: May 21, 2025 | Source:Crypto.com secures EU license to launch crypto financial derivatives
Mobile-first crypto exchange and payment platform Crypto.com secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area.According to a May 21 announcement, Crypto.com secured a Markets in Financial Instruments Directive (MiFID) license.“We have already expanded our brand presence in Europe since receiving our MiCA licence and we now look forward to providing customers...
Published on: May 21, 2025 | Source:Texas House Advances Bitcoin Reserve Bill With Bipartisan Backing
Texas lawmakers voted 105-23 to advance Senate Bill 21, a crypto reserve measure that could influence the state’s approach to digital assets.
Published on: May 21, 2025 | Source:ASIC Seeks High Court Ruling on Crypto Yield Products After Block Earner Win
Australia’s corporate regulator is seeking High Court clarity on how crypto yield products should be regulated under financial law.
Published on: May 21, 2025 | Source:Google Unveils Android XR Glasses with Gemini AI Integration
Google’s demo of the Android XR showed off features including livestreaming, photo capture, and Google Maps virtual display.
Published on: May 21, 2025 | Source:US Tourist Says Bitcoin, XRP Worth $123K Stolen After Ride With Fake Uber in London
An American tourist has lost more than $123,000 in crypto after being drugged and abducted by a fake Uber driver in London’s West End.
Published on: May 21, 2025 | Source:Google Launches SynthID Detector to Catch Cheaters in the Act
Google's SynthID Detector scans media for watermarks to expose AI-generated content as its use becomes widespread in the classroom.
Published on: May 21, 2025 | Source:Ethereum co-founder Jeffrey Wilcke transfers $262M in ETH to Kraken, causing community speculation
Ethereum (ETH) co-founder Jeffrey Wilcke transferred approximately $262 million worth of ETHto a wallet labeled as a Kraken deposit address on May 20, according to on-chain data. The transfer of 105,736 ETH emptied nearly all of Wilcke’s holdings, leaving just 268.73 ETH in his wallet.Subsequent withdrawals from the exchange suggest that this could be Wilcke […] The post Ethereum co-founder Jeffrey Wilcke transfers...
Published on: May 20, 2025 | Source:Argentine President Milei Shutters Task Force Investigating Libra Meme Coin Scandal
The Argentine government has dismantled the body tasked with investigating the Libra cryptocurrency launched by President Javier Milei.
Published on: May 20, 2025 | Source:SEC Punts on XRP, Dogecoin ETF Decisions
The funds are part of a wave of altcoin-based investment products proposed by issuers in recent months.
Published on: May 20, 2025 | Source:Robinhood calls on SEC to establish unified regulatory framework for tokenized RWAs
Robinhood has submitted a detailed proposal to the US Securities and Exchange Commission (SEC), calling for the creation of a federal framework to regulate tokenized real-world assets (RWAs), which represent a potential $30 trillion market, Forbes reported on May 20. The 42-page filing outlines a legal infrastructure that would allow digital tokens representing traditional financial […] The post Robinhood calls on SEC...
Published on: May 20, 2025 | Source:Apex Group Buys Majority Stake in Tokenization Specialist Tokeny as RWA Trend Soars
Apex Group said it plans to fold Tokeny’s team and tech into its services as it pushes tokenized finance to the mainstream.
Published on: May 20, 2025 | Source:Nvidia's Future Vision: 'AI Factories' With Millions of Agents and Robots Working With Humans
Nvidia CEO Jensen Huang shared a bold vision of the future this week, envisioning data centers turning into collaborative "AI factories."
Published on: May 20, 2025 | Source:Bitcoin Price Jumps to $107K With All-Time High Mark in Sight
Bitcoin is less than 2% away from its all-time high price, hitting $107,000 on Tuesday for the first time since January.
Published on: May 20, 2025 | Source:Bitcoin hits $107K as market holds below ATH in bullish consolidation
Bitcoin’s (BTC) break above the $107,000 threshold shows that the recent rally is driven by robust buying amid a consolidation just below its all-time high, Glassnode said in a May 20 report. Despite trading around 40% higher than six weeks ago and setting a new record with the latest weekly close at $106,500, Bitcoin was […] The post Bitcoin hits $107K as market holds below ATH in bullish consolidation appeared first...
Published on: May 20, 2025 | Source:Justin Sun to attend Trump's dinner with memecoin backers
After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US president.In a May 19 X post, Sun said he had received an invitation to attend Trump’s dinner at his golf club outside Washington, DC, as part of a reward for the top 220...
Published on: May 20, 2025 | Source:Sell in May? Bitcoin Tops $107K, Could Hit Record Highs This Summer Say Analysts
Regulatory tailwinds, persistent ETF and corporate buying, Fed rate decisions and Trump's looming tariff deadline are setting the crypto market up for an eventful next few months.
Published on: May 20, 2025 | Source:NYC’s 'Bitcoin Mayor' Eric Adams Reveals Plans to Boost 'Demonized' Crypto Industry
New York City Mayor Eric Adams announced he will create a new crypto advisory council to help bring jobs and investment to the Big Apple.
Published on: May 20, 2025 | Source:Bitcoin open interest hits record high as bulls stampede toward new BTC price highs
Key takeaways:Bitcoin futures open interest hit a record $72 billion, signaling rising use of leverage among institutional investors.$1.2 billion in shorts at $107,000 to $108,000 are at risk of liquidation, boosting BTC’s breakout odds.The aggregate open interest in Bitcoin (BTC) futures surged to a record high on May 20, raising questions about whether bearish positions are now at risk. Despite repeated failures to...
Published on: May 20, 2025 | Source:US Bitcoin edge could power next era of American prosperity – River
America’s efforts to become a global hub for Bitcoin (BTC) and the wider digital asset ecosystem could serve as a foundation for a new phase of domestic economic growth, according to a report published May 20 by River. The “America Report 2025” asserted that the US is in a unique position to benefit from Bitcoin’s […] The post US Bitcoin edge could power next era of American prosperity – River appeared first on...
Published on: May 20, 2025 | Source:Ethereum price gained 90% the last time this indicator turned bullish
Key Takeaways:Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600.If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur.Ethereum (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with sights on the $3,000 to $3,100 resistance zone. A bull flag is a continuation pattern that follows a sharp rally (black...
Published on: May 20, 2025 | Source:NYC Mayor Eric Adams Is Creating a Crypto Advisory Council
"We want to use technology of tomorrow to better serve New Yorkers today," said the mayor at a summit on Tuesday.
Published on: May 20, 2025 | Source:Sovereign entities opt for indirect Bitcoin exposure via Strategy to bypass constraints – StanChart
Sovereign wealth funds and state institutions are increasingly opting to gain Bitcoin (BTC) exposure through Strategy (MSTR) rather than spot BTC exchange-traded funds (ETFs), according to Standard Chartered’s head of digital assets research, Geoffrey Kendrick. In an investor report published May 20, Kendrick said that regulatory filings show that increased MSTR holdings drove the bulk […] The post Sovereign entities...
Published on: May 20, 2025 | Source:Bancor files patent infringement lawsuit against Uniswap over DEX tech
Bancor, the creator of a smart contract-based automated market maker, is suing Uniswap for patent infringement, alleging the decentralized finance exchange has used its technology without permission and profited significantly from it.According to the May 20 announcement of the lawsuit, Bancor designed the technology in 2016 and patented it in January 2017. The technology underpins the “constant product automated market...
Published on: May 20, 2025 | Source:Telegram CEO Says French Intelligence Asked Him to Ban Romanian Election Channels
Telegram founder Pavel Durov claims that France's foreign intelligence agency sought to silence conservatives in Romania under the guise of counterterrorism and blocking pornography.
Published on: May 20, 2025 | Source:BlackRock’s IBIT becomes second-largest Bitcoin holder behind Satoshi Nakamoto
BlackRock’s iShares Bitcoin Trust (IBIT) has become the second-largest holder of Bitcoin as of May 20, surpassed only by the infamous wallet of Satoshi Nakamoto, the pseudonymous creator of the flagship crypto. According to data compiled by crypto analyst Shaun Edmondson, IBIT currently holds 636,108 BTC, representing over 3% of Bitcoin’s total capped supply of […] The post BlackRock’s IBIT becomes second-largest...
Published on: May 20, 2025 | Source: