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CoreWeave Revenue Soars on AI Demand, But Heavy Spending Hits Profit
CoreWeave's Q1 revenue surged fivefold to $981M, but widening losses and $23B in projected spending raise concerns over profitability.
Published on: May 15, 2025 | Source:
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Mastercard to Roll Out New Stablecoin Cards in Latest Crypto Push With MoonPay
MoonPay has tapped Mastercard to launch global stablecoin card services, expanding the card giant's crypto push amid competition with Visa.
Published on: May 15, 2025 | Source:Nebraska Lawmakers Approve Crypto Mining Limits in Final Reading
If signed by the Governor, Nebraska's bill would take effect this October, regulating crypto miners using over 1 MW of electricity.
Published on: May 15, 2025 | Source:Ethereum Foundation Launches 'Trillion Dollar Security Initiative' to Fortify Network
The Ethereum Foundation has launched a three-phase initiative to strengthen network security and support broader onchain adoption.
Published on: May 15, 2025 | Source:What’s Up Grok? AI Under Fire for Injecting ‘White Genocide’ Claims Into Unrelated Replies
Elon Musk’s AI chatbot Grok is inserting off-topic “white genocide” claims into user queries, sparking backlash among users.
Published on: May 15, 2025 | Source:Lyft Taps Solana-Powered Hivemapper for Decentralized Mapping Data
The Rideshare firm began sourcing map data from a Hivemapper-powered platform last year, Decrypt has learned.
Published on: May 15, 2025 | Source:Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M
Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million in the same period a year earlier, due to reduced gains on derivatives and warrant revaluations. Bitfarms said in itslatest Management’s Discussion and Analysis of the first quarter performancethat the lower financial income contributed to […] The post Bitfarms financial income falls 82% YoY,...
Published on: May 15, 2025 | Source:Google search volume for Bitcoin flat as BTC nears new highs — Where are retail investors?
Key takeaways:Google search data and app rankings show retail Bitcoin investor demand near 6-month lows.Retail investor interest typically peaks 1 week after BTC breaks all-time highs.Bitcoin (BTC) retail traders are known for entering the market during periods of euphoria, typically after strong monthly gains or a new all-time high. This time is no different, with Bitcoin approaching $104,000 on May 14 while general...
Published on: May 15, 2025 | Source:British Museum Puts Sculptures of Dürer's 'Rhinoceros' on Bitcoin Blockchain
Asprey Studio’s 11 sterling silver sculptures based on Albrecht Dürer’s 1515 print will be paired with Ordinals inscriptions.
Published on: May 14, 2025 | Source:Ethereum Foundation aims to secure the future with trillion-dollar security initiative
The Ethereum Foundation (EF) has unveiled the Trillion-Dollar Security (1TS) initiative, a long-term plan to raise Ethereum’s security standards in line with its growing importance in global finance. The Foundation said it aims to position Ethereum as a network capable of securely holding trillions of dollars in assets for individuals and institutions. According to the […] The post Ethereum Foundation aims to secure...
Published on: May 14, 2025 | Source:Dogecoin active addresses surge by 528% — Will DOGE price follow?
Key Takeaways: Dogecoin's active addresses surged 528% to 469,477.DOGE’s futures open interest rose 70% to $1.65 billion, indicating strong speculative interest.On May 13, Dogecoin (DOGE) witnessed a staggering 528% increase in active addresses, soaring from 74,640 to 469,477, signaling robust network activity and growing investor interest. This surge followed an update to 21Shares’ filing for a spot Dogecoin ETF,...
Published on: May 14, 2025 | Source:Bitwise CIO expects surge in crypto ETP allocations by year-end, foresees 5% portfolio norm
Bitwise Chief Investment Officer Matt Hougan said on May 14 that a “big unlock” is occurring across the financial advisory space regarding crypto investments. After attending a major advisory firm’s conference, Hougan shared his expectations that most major firms will enable crypto exchange-traded product (ETP) access by the end of 2025. He added that interest […] The post Bitwise CIO expects surge in crypto ETP...
Published on: May 14, 2025 | Source:Banks Exploring Stablecoin Amid Fears of Losing Market Share, BitGo Executive Says
BitGo’s stablecoin-as-a-service has drawn significant interest from U.S. and international banks, Ben Reynolds said.
Published on: May 14, 2025 | Source:3 reasons why Ethereum price could rally to $5,000 in 2025
Key takeaways:A longer-term ETH price rally is dependent on SEC approval of in-kind ETF creation and staking to attract more investors. AI adoption and Ethereum layer-2 growth must drive onchain activity to restore the network’s deflationary burn mechanism.Ether (ETH) surged 43.6% between May 7 and May 14, but its current price of $2,600 still falls short of the 2021 peak of $4,868. Some analysts argue that the current...
Published on: May 14, 2025 | Source:Crypto, Stock Trading Platform eToro Soars to $5.4 Billion Market Cap After Nasdaq Debut
Shares of stock brokerage and crypto trading platform eToro closed 29% higher on Wednesday following its Nasdaq debut, settling around $67.
Published on: May 14, 2025 | Source:Ethereum Foundation unveils security initiative to supplant legacy systems
The Ethereum Foundation has launched a security initiative aimed at supporting the broader adoption of onchain technologies, according to a May 14 announcement. The effort is part of an ongoing push to strengthen Ethereum's role in programmable digital assets.Fredrik Svantes, a protocol security research lead, and Josh Stark from the Ethereum Foundation management team will be the initial co-chairs of the initiative....
Published on: May 14, 2025 | Source:House Democrats Seek Treasury Reports on Trump's Meme Coin, World Liberty Financial
Top-ranking House Democrats are requesting U.S. Treasury suspicious activity reports related to the Trump family’s crypto endeavors.
Published on: May 14, 2025 | Source:Trump Still on Track to Sign Crypto Legislation by August, White House's Bo Hines Says
The senior presidential aide also defended the Trump family's crypto ties.
Published on: May 14, 2025 | Source:Europol, Spanish police dismantle ‘mafia crypto bank’ laundering funds across continents
Spanish law enforcement has dismantled a sprawling underground financial network that allegedly laundered more than 20 million through crypto transactions for organized crime groups based in China and the Arab world, local media reported on May 14. The criminal ring, which police described as one of the largest clandestine crypto-banking operations uncovered in Europe, operated […] The post Europol, Spanish police...
Published on: May 14, 2025 | Source:Cantor Fitzgerald Chairman Brandon Lutnick Says He Personally Checked Tether’s Reserves
The 27-year-old was appointed chairman of Cantor Fitzgerald in February, shortly after his father was named Commerce Secretary by U.S. President Donald Trump.
Published on: May 14, 2025 | Source:Anchorage Digital CEO Calls 'Bullshit' on Report of DHS Probe
“There is no investigation into us, as is unambiguously clear at this point,” Anchorage Digital CEO Nathan McCauley said on Wednesday at Consensus 2025 in Toronto.
Published on: May 14, 2025 | Source:Bitfarms clocks $36M net loss amid shift from Bitcoin mining to AI
Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a year earlier, as the Bitcoin miner pivots from mining to high-performance computing for artificial intelligence applications.The miner posted $67 million in sales for the quarter ended March 31, up 33% from the year prior. However, gross profit margin for Bitfarm’s mining operations declined to 43% from 63%...
Published on: May 14, 2025 | Source:Bitcoin Price Is Too Low, Should Hit $500K-$1M This Cycle: Adam Back
The Bitcoin pioneer and Blockstream boss thinks BTC is undervalued.
Published on: May 14, 2025 | Source:Solana derivatives flip long for 83 straight days, yet SOL sits nearly 30% below peak
Futures have become the leading price discovery vehicles in the crypto markets, and Solana’s YTD tape clearly supports this. After spending most of 2024 unloading risk, taker flows on Solana’s perpetual futures flipped directions in the second half of January. On Jan. 18, the 90‑day cumulative volume delta (CVD) reached a low of 261.75. Since […] The post Solana derivatives flip long for 83 straight days, yet SOL sits...
Published on: May 14, 2025 | Source:World's Iris-Scanning Tech Misunderstood, Data Never Leaves Orb, Advisor Says
World Foundation Advisor Liam Horne spoke Wednesday at Consensus 2025.
Published on: May 14, 2025 | Source:New York has 'outsized role to play' in crypto ecosystem — State regulator head
Adrienne Harris, the head of the New York State Department of Financial Services (NYDFS), said New York has an “outsized role to play” in the crypto ecosystem, particularly in shaping regulatory frameworks for digital assets. During a panel on May 14 at Consensus 2025 in Toronto, she said the NY estate is frequently asked to provide guidance on regulators. “With respect to federal regulation and legislation [...]...
Published on: May 14, 2025 | Source:EToro Stock Surges 29% on First Day of Trading
Shares of the stock and crypto trading platform had priced nicely above their expected offering price.
Published on: May 14, 2025 | Source:Meet 'QVAC': Tether’s Decentralized AI God in Your Pocket
Stablecoin giant Tether's new QVAC AI platform takes aim at Big Tech and lets agents run independently, transacting in Bitcoin and USDT.
Published on: May 14, 2025 | Source:Crypto execs flock to DC to support Senate stablecoin bill
Crypto founders headed to Washington, DC, to meet with lawmakers ahead of another expected vote on a stablecoin bill that initially failed in the Senate, according to Coinbase CEO Brian Armstrong. In a May 14 X post from the US Capitol rotunda, Armstrong said as many as “60 [crypto] founders” had gathered in DC to support the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, being...
Published on: May 14, 2025 | Source:JPMorgan bridges blockchain and traditional finance in landmark pilot transaction
JPMorgan has completed a groundbreaking pilot transaction that bridges traditional finance and blockchain in collaboration with Ondo Finance and Chainlink. According to a May 14 statement, the banking giant’s blockchain unit, Kinexys, successfully executed a cross-chain atomic settlement using OndoFinance’stokenized short-term US Treasury product, OUSG. This marks the first time Kinexys has connected its permissioned [...
Published on: May 14, 2025 | Source:Pantera's Dan Morehead Sees Decades of Bitcoin Upside Ahead
The CEO and founder of the crypto VC firm advised investing in a wide spectrum of tokens and venture equity.
Published on: May 14, 2025 | Source:Former front-runner for CFTC chair role resigns to lead Blockchain Association
Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger will depart the agency on May 30 to become the Blockchain Association’s new CEO, effective June 2, according to a May 14 announcement. The announcement states that Mersinger’s appointment comes at a critical legislative moment for digital assets in Washington, where the Blockchain Association is pushing for […] The post Former front-runner for...
Published on: May 14, 2025 | Source:Why Ethereum Has Soared Over the Past 7 Days: Bernstein
The investment firm attributed the surge partly to rising interest in layer-2 networks.
Published on: May 14, 2025 | Source:Coinbase Finally Settles Dogecoin Sweepstakes Lawsuit
Coinbase and a marketing firm have agreed to pay $2,250,000 to settle a class action lawsuit related to a Dogecoin sweepstakes from 2021.
Published on: May 14, 2025 | Source:VanEck launches 'Onchain Economy' ETF
VanEck has launched a new actively managed exchange-traded fund (ETF) designed to invest in stocks and financial instruments offering exposure to the digital economy, the asset manager said on May 14.The VanEck Onchain Economy ETF (NODE) is listed on the Cboe exchange and aims to provide investors with broad exposure to companies operating in the blockchain ecosystem, including crypto miners, exchanges, infrastructure...
Published on: May 14, 2025 | Source: