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SEC’s Crypto Embrace Seems Like 'Government Picking Winners and Losers', Says Crenshaw
The regulator’s lone Democrat questioned why Wall Street should move on-chain during a crypto roundtable held Monday.
Published on: May 12, 2025 | Source:
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Solana network rebounds with record $35.6 billion DEX volume and 58% TVL surge
Solana’s decentralized finance ecosystem is showing renewed strength after a prolonged slowdown, riding the momentum of the broader crypto market rally. Over the past week, the weekly decentralized exchange (DEX) volumes on Solana climbed to $35.6 billion, marking the highest level in over two months. This growth helped push protocol revenue to $25.9 million, according […] The post Solana network rebounds with record...
Published on: May 12, 2025 | Source:NYC Mayor doubles down on crypto push ahead of city summit
New York City Mayor Eric Adams announced partnerships between the city and financial firms as part of his crypto plans.In a May 12 press conference at Gracie Mansion, the the city’s official mayoral residence, Adams said June Ou, founder of financial services company Figure, and Richie Hecker, CEO of private equity firm Traction and Scale, would be assisting the city in its crypto efforts. He spoke of Ou and Hecker...
Published on: May 12, 2025 | Source:SEC Chair Atkins reiterates need to overhaul crypto rules, pledges to end ‘regulation by enforcement’
Securities and Exchange Commission Chairman Paul Atkins called for a sweeping modernization of US crypto asset policy, outlining a three-part strategy to overhaul regulations for issuance, custody, and trading. He made the statement during his keynote address at the SEC Crypto Task Force’s latest roundtable on May 12, which covered tokenization and its potential to […] The post SEC Chair Atkins reiterates need to...
Published on: May 12, 2025 | Source:Penny Stocks Attempt to Ride Crypto's Coattails
Microcaps are announcing crypto treasury plans in an attempt to mimic Strategy's approach.
Published on: May 12, 2025 | Source:Brazil Moves to Ban Discord After Foiled Attack at Lady Gaga Concert
Brazilian authorities are seeking a ban on chat app Discord after a planned attack on LGBTQ+ attendees at a Lady Gaga concert. The country has targeted social media platforms in the past.
Published on: May 12, 2025 | Source:New York Mayor Eric Adams to Crypto Industry: Come Build an Empire in NYC
“We’re in the midst of nothing short of a technological revolution,” Adams said at a Monday press briefing. “It’s not the future, it is here and it’s here now.”
Published on: May 12, 2025 | Source:There’s Another Bitcoin Holding Company in Town—And It Just Raised $710 Million
The merger is the latest among companies focusing on buying and holding Bitcoin.
Published on: May 12, 2025 | Source:Bitcoin price sells off after Trump’s US-China tariff deal — Here is why
Key takeaways:Bitcoin lags as investors shift toward stocks after the US and China strike a deal that could end the current trade war.Macroeconomic conditions are swinging away from gold investing and back to stocks.Bitcoin (BTC) reached its highest price in over three months at $105,720 on May 12, but was unable to maintain its bullish momentum. Interestingly, the drop to $102,000 came after a temporary easing in the...
Published on: May 12, 2025 | Source:BlackRock flags quantum computing as risk for Bitcoin ETFs
Emerging technologies, including quantum computing, could potentially render the cryptography securing Bitcoin and other blockchain networks ineffective, asset manager BlackRock said in a regulatory filing.On May 9, BlackRock updated the registration statement for its iShares Bitcoin ETF (IBIT). The revised version addressed potential risks to the integrity of the Bitcoin network posed by quantum computing, the filing...
Published on: May 12, 2025 | Source:Pumpfun launches creator rewards, $7M potential based on April volume
Pump.fun introduced a revenue-sharing mechanism for token creators on May 12, enabling them to collect 0.05% of trading volume in Solana (SOL) from transactions conducted on PumpSwap. To qualify for earnings, a token must meet at least one of three criteria: It must be newly created, still trading on Pump.fun’s bonding curve, or previously graduated […] The post Pumpfun launches creator rewards, $7M potential based on...
Published on: May 12, 2025 | Source:Bitcoin Falls Below $102K; Easing of Tariff Risk Could See More Underperformance
After one month of eye-popping gains, fattened bulls are lightening up after the U.S. and China announced a trade truce.
Published on: May 12, 2025 | Source:USDt market cap hits $150B for first time as Tether eyes US expansion
Tether’s USDt (USDT) surpassed a $150 billion market capitalization for the first time on May 12, marking a new milestone amid growing stablecoin adoption.USDt’s circulating supply has expanded by over 36% in the past year, with growth accelerating in November following the election of US President Donald Trump.USDt’s market cap growth over the past year. Source: CoinMarketCapAt its current supply, Tether accounts for...
Published on: May 12, 2025 | Source:AI search startup Perplexity on track for massive $14 billion valuation – WSJ
Artificial intelligence search startup Perplexity is reportedly in advanced talks to raise $500 million in a new funding round that would value the company at $14 billion, the Wall Street Journal reported, citing people familiar with the matter. The round is expected to be led by venture capital giant Accel, with continued backing from Nvidia, […] The post AI search startup Perplexity on track for massive $14 billion...
Published on: May 12, 2025 | Source:Bitcoin short-term ‘technical sell-off’ under $100K possible ahead of May 13 CPI print
Key takeaways: Possible de-risking ahead of the May 13 CPI print could be playing a role in today’s BTC price correction. Bitcoin market structure and qualitative fundamentals remain bullish, suggesting today’s correction could be short-lived.Bitcoin (BTC) price briefly stumbled on May 12, falling to $102,388 after hitting an intraday high at $105,819 during the US trading session. At first glance, the abrupt...
Published on: May 12, 2025 | Source:Here's Why ICON Rebranded to SODAX and Abandoned its Layer-1
Crypto might now be in the outsourcing phase of capitalism.
Published on: May 12, 2025 | Source:Anchorage Digital to Acquire USDM Issuer Mountain Protocol in Stablecoin Expansion Move
The deal aims to strengthen Anchorage Digital’s role in the institutional stablecoin ecosystem, CEO Nathan McCauley said.
Published on: May 12, 2025 | Source:XRP outperforms crypto market with 10% jump as open interest surges past $5B
XRP has climbed more than 10% over the past 24 hours to outperform the broader crypto market. According to CryptoSlate data, the token jumped to $2.59, its highest price since March. The surge triggered more than $20 million in liquidations across derivatives platforms, based on Coinglass data. XRP’s open interest rises XRP’s momentum comes amid […] The post XRP outperforms crypto market with 10% jump as open interest...
Published on: May 12, 2025 | Source:FBI Begins Process to Seize $1.2M in Bitcoin from GirlsDoPorn Boss
U.S. authorities ordered Pratt and his accomplices to forfeit their Bitcoin in July 2024.
Published on: May 12, 2025 | Source:Leemon Baird on Hedera's Technical Gambit and AI’s Future
The co-founder of Hedera, a speaker at Consensus 2025, says today’s technological advances “will make the Industrial Revolution look minor in comparison.” Interview with Afra Wang.
Published on: May 12, 2025 | Source:Nasdaq-Listed Company Hits 'Major Milestone' as Solana Treasury Tops $100 Million
Publicly traded, AI-powered real estate platform DeFi Development Corp. just hit a notable milestone with its latest Solana purchase.
Published on: May 12, 2025 | Source:Pi Network’s market cap leaps $7 billion as token skyrockets 110% in a week amid market buzz
Pi Network’s token is drawing attention after rallying over 110% in just one week, buoyed by a wider crypto market upswing. According to CryptoSlate’s data, the token, which had dropped to a low of $0.40 in April, rebounded strongly to cross the $1 threshold and peaked at $1.53 during the latest rally. This marks the […] The post Pi Network’s market cap leaps $7 billion as token skyrockets 110% in a week amid market...
Published on: May 12, 2025 | Source:Market Structure Rules for Crypto Could End Up Governing Core of U.S. Finance: Le
TuongVy Le, a compliance expert and ex-SEC lawyer, said the rest of the financial industry is likely to migrate into the world overseen by pending regulations.
Published on: May 12, 2025 | Source:Stablecoins to Go Mainstream in 2025 After U.S. Regulatory Progress: Deutsche Bank
Stablecoins are increasingly becoming strategic assets, and support dollar dominance, the report said.
Published on: May 12, 2025 | Source:Bitcoin Sinks and Stocks Rise After US, China Scale Back Tariffs
Bitcoin touched a four-month high of $105,500 early Monday, but then dipped after the U.S. revealed a partial tariffs pause with China.
Published on: May 12, 2025 | Source:US real estate asset manager launches $100M tokenized fund with institutional backing
Patel Real Estate Holdings (PREH) has launched a $100 million tokenization fund on the Chintai blockchain, aiming to give accredited investors access to institutional-grade real estate opportunities.The new PREH Multifamily Fund is a tokenized investment vehicle focused on vintage Class A multifamily units across the top 20 US growth markets, the company told Cointelegraph on May 12.“The entire structure is...
Published on: May 12, 2025 | Source:Ethereum’s Next Upgrade ‘Fusaka’ Could Cut Layer-2 and Validator Costs
Developers have thus far agreed to include one technical change, "PeerDAS," designed to improve data availability.
Published on: May 12, 2025 | Source:Coinbase Decided Following Strategy's Bitcoin Reserve Playbook ‘Too Risky’: CEO
Brian Armstrong argued that excessive exposure to Bitcoin would have been too risky, though about a quarter of its net cash is in crypto.
Published on: May 12, 2025 | Source:Will Bitcoin hodlers be the reason more countries adopt wealth taxes?
Opinion by: Robin Singh, CEO of KoinlyIs there a catch for Bitcoin hodlers, with the asset’s price up over 600,000% since the beginning of 2013?Perhaps — if governments keep waking up to Bitcoin’s value, the whole “you only pay tax when you sell” mantra could soon be a thing of the past.What if a wealth tax is the answer for revenue-hungry tax agencies with no time to lose? It’s a yearly tax on a person’s total net...
Published on: May 12, 2025 | Source:Another $1.3 Billion in Bitcoin: Michael Saylor’s Strategy Keeps Buying
The Bitcoin software company is not slowing down its BTC buys.
Published on: May 12, 2025 | Source:Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high
Key points:Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.Nearby order book liquidity forms potential targets for traders, which now include $102,000.A classic moving average retest suggests that a new all-time high should result.Bitcoin (BTC) stuck to $104,000 at the May 12 Wall Street open as markets shifted on US-China trade deal news.BTC/USD 1-hour chart....
Published on: May 12, 2025 | Source:XRP, BTC Among Major Tokens Flashing Signs of Bulls Returning to Crypto
The improving market breadth points to growing investor confidence.
Published on: May 12, 2025 | Source:Trump-linked miner American Bitcoin going public via Gryphon merger
Bitcoin mining firm American Bitcoin is going public through a merger with crypto mining company Gryphon Digital Mining, the companies announced on May 12.Under the terms of the deal, Gryphon Digital Mining will acquire American Bitcoin in a stock-for-stock transaction. After the merger, the new company will operate under the American Bitcoin brand and be led by its board of directors, which includes Eric Trump, the...
Published on: May 12, 2025 | Source:DeFi Development Soars 20% as Solana Holdings Top $100M With Latest Purchase
The Nasdaq-listed firm has accumulated 595,988 in Solana's SOL, worth nearly $105 million, in the month since its crypto pivot.
Published on: May 12, 2025 | Source:Fake AI Tools Used to Spread Noodlophile Crypto Wallet Stealing Malware
The Noodlophile malware harvests browser credentials, cryptocurrency wallet information and more sensitive data, according to a security researcher.
Published on: May 12, 2025 | Source: