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Conor McGregor takes talk of an Irish Bitcoin strategic reserve to the public

UFC superstar Conor McGregor has endorsed the idea of an Irish Bitcoin strategic reserve, sparking renewed debate about the country’s financial future and the role of digital assets in its national policy. In a post on X that garnered over half a million views within hours, McGregor wrote: “Crypto in its origin was founded to […] The post Conor McGregor takes talk of an Irish Bitcoin strategic reserve to the public...

Published on: May 10, 2025 | Source: CryptoSlate favicon CryptoSlate

UK to become ‘safe harbor’ for crypto with new draft rules — Experts

On April 29, UK Finance Minister Rachel Reeves unveiled plans for a “comprehensive regulatory regime” aimed at making the country a global leader in digital assets.Under the proposed rules, crypto exchanges, dealers, and agents will be regulated similarly to traditional financial firms, with requirements for transparency, consumer protection, and operational resilience, the UK Treasury said in a statement released...

Published on: May 10, 2025 | Source: Cointelegraph favicon Cointelegraph

Dogecoin Surges 10%, Bitcoin Nears $104K Amid Renewed ‘Risk-on’ Sentiment

Investors are quickly changing their perspectives on crypto now that altcoins have departed from a negative trend and found buying pressure from a renewed risk-on sentiment, one analyst said.

Published on: May 10, 2025 | Source: CoinDesk favicon CoinDesk

Robert Kiyosaki says ditch ‘fake money’ for Bitcoin, gold, and silver

Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad, is once again sounding the alarm on the dangers of centralized monetary policy, urging his followers to abandon what he calls “fake money” and adopt alternatives like Bitcoin, gold, and silver.In a May 10 post on X, Kiyosaki backed a hardline stance against central banking systems, particularly the Federal Reserve, while quoting former US...

Published on: May 10, 2025 | Source: Cointelegraph favicon Cointelegraph

BlackRock’s Bitcoin ETF posts $356 million inflows, marking the longest streak of 2025

BlackRock’s spot Bitcoin ETF (IBIT) capped off the trading week with another day of inflows, pulling in $356.2 million on May 9. The fund has now extended its inflow streak to 19 consecutive days — its longest run of inflows so far this year.IBIT’s inflow streak has been ongoing since April 14, and has coincided with a volatile Bitcoin (BTC) market, with the asset trading between $83,152 and $103,000 over the period....

Published on: May 10, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin yet to hit $150K because outsiders are ghosting — Michael Saylor

Strategy founder Michael Saylor says Bitcoin hasn’t reached $150,000 yet because holders without a long-term outlook have been selling off while a new cohort of investors are beginning to enter the market.“I think we’re going through a rotation right now,” Saylor said on the Coin Stories podcast with Natalie Brunell on May 9.The lack of “10-year investor mindset” led to Bitcoin sell-offSaylor said, “Lots of...

Published on: May 10, 2025 | Source: Cointelegraph favicon Cointelegraph

Ethereum price greenlit for further upside after surprise 29% ETH rally

Key takeaways:ETH price rallied by 22% on May 8, but demand for spot ETH ETFs and derivatives remains muted.President Trump’s reversal on certain altcoins aligns with ETH’s renewed outlook.Ether (ETH) posted an impressive 29% gain between May 8 and May 9, likely marking the end of a 10-week bear market that bottomed out at $1,385 on April 9. This sharp move triggered the liquidation of over $400 million in short (sell)...

Published on: May 10, 2025 | Source: Cointelegraph favicon Cointelegraph

PumpSwap hits $100M in TVL as memecoin launchpads see resurgence

PumpSwap, the DEX launched by Solana-based memecoin factory Pump.fun, has hit $100 million in total value locked (TVL), marking a new milestone just 50 days after its debut. The record comes amid a broader resurgence in memecoin trading, defying recent predictions of the sector’s collapse after its meteoric growth fizzled out earlier this year. Volume […] The post PumpSwap hits $100M in TVL as memecoin launchpads see...

Published on: May 09, 2025 | Source: CryptoSlate favicon CryptoSlate

Why Is Ethereum Beating Bitcoin With Explosive Gains?

Ethereum is up 30% over the last 48 hours, beating Bitcoin after crypto markets rallied on broader macroeconomic conditions.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Doodles NFT token stalls after airdrop

The newly launched DOOD token from Ethereum-based NFT project Doodles has seen a steep drop in market capitalization following its May 9 airdrop on the Solana network.According to data from DEX Screener, DOOD’s market cap fell from over $100 million shortly after launch to around $60 million at the time of writing.Overall, the much-anticipated airdrop was “[d]efinitely underwhelming,” a crypto commentator said in a May...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Solana price gained 500% the last time this SOL metric turned bullish

Key Takeaways:Solana's 15% surge and potential close above the 50-week EMA signal strong bullish momentum, which previously led to a 515% rally in 2024. The $120 million in liquidity bridged to Solana reflects growing network confidence.Solana (SOL) price gained 18% this week, signaling rising bullish momentum. The altcoin is approaching a pivotal point, with a potential close above the 50-week exponential moving...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Cathie Wood predicts AI and Bitcoin to drive new phase of US economic growth

Ark Invest CEO Cathie Wood said the US economy is transitioning out of a prolonged “rolling recession” and entering a new era of productivity-led growth, powered by advances in AI, digital assets, and automation. After nearly three years of sector-specific slowdowns triggered by tighter monetary policy, Wood now sees signs of economic stabilization and renewed […] The post Cathie Wood predicts AI and Bitcoin to drive...

Published on: May 09, 2025 | Source: CryptoSlate favicon CryptoSlate

Public Keys: Mining Malaise, Coinbase Miss and Hey, Who’s the New Kid?

Things continue to not look so great for publicly traded Bitcoin miners. But look on the bright side: guess who's back with another stablecoin (maybe)?

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

US VP Vance to speak at Bitcoin conference amid Trump crypto controversies

US Vice President JD Vance will speak at the Bitcoin 2025 conference in Las Vegas, roughly a year after then-presidential candidate Donald Trump spoke at the same event.According to a May 9 notice from the event’s organizers, Vance will address conference attendees in person on May 28, making him the first sitting US vice president to speak at a digital asset conference. Trump provided a pre-recorded video of himself...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

TeraWulf Q1 loss widens amid rising costs, falling revenue

Mining firm TeraWulf reported a net loss of approximately $61.4 million in its earnings for the first quarter of 2025, further deteriorating from the same period last year.Revenue fell to $34.4 million from $42.4 million in the same period of 2024, according to the company's earnings report, published May 9. Cost of revenue rose sharply to $24.5 million, up from $14.4 million a year earlier.As a result, TeraWulf's cost...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

BlackRock meets SEC Crypto Task Force to discuss tokenization, ETP rules

BlackRock representatives met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on May 9 to seek guidance on a range of crypto regulatory issues, including tokenization, staking, and approval frameworks for exchange-traded products (ETPs). According to the meeting memo, BlackRock reviewed its digital asset offerings, including the iShares Bitcoin Trust (IBIT), the […] The post BlackRock meets SEC...

Published on: May 09, 2025 | Source: CryptoSlate favicon CryptoSlate

As Meta Said to Mull Tokens, Senator Warren Calls for Blocking Big Tech Stablecoins

While the top Democrat on the Senate Banking Committee argues for stablecoin limits, she and colleagues also questioned Binance's talks with Treasury.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

Ethereum's new staking limit not a risk to decentralization: Consensys researcher

Ethereum’s Pectra upgrade doesn’t pose a threat to decentralization, according to Mallesh Pai, senior research director at blockchain software firm Consensys, describing the update as a cleanup of the behind-the-scenes “busy work” currently handled by validators. During a May 9 Cointelegraph X Space, Pai said a validator’s chances of proposing a block or earning rewards remain tied to how much Ether (ETH) they hold,...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Ethereum's new staking limit is not a risk to decentralization, says Consensys researcher

Ethereum’s Pectra upgrade doesn’t pose a threat to decentralization, according to Mallesh Pai, senior research director at blockchain software firm Consensys, describing the update as a cleanup of the behind-the-scenes “busy work” currently handled by validators. During a May 9 Cointelegraph X Space, Pai said a validator’s chances of proposing a block or earning rewards remain tied to how much ETH they hold, adding...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Spot Bitcoin ETFs set lifetime flow record at $40.3B as price recovers

Spot Bitcoin (BTC) exchange-traded funds (ETFs) traded in the US reached a new all-time high of $40.3 billion in lifetime flows on May 8, according to Bloomberg data. Bloomberg senior ETF analyst Eric Balchunas said lifetime net flows are the most critical metric related to ETFs to watch. He explained that this metric is “very […] The post Spot Bitcoin ETFs set lifetime flow record at $40.3B as price recovers appeared...

Published on: May 09, 2025 | Source: CryptoSlate favicon CryptoSlate

US senators ask DOJ, Treasury to consider Binance-Trump ties — Report

A group of Democratic senators has reportedly sent a letter to leadership at the US Department of Justice and the Treasury Department expressing concerns about US President Donald Trump’s ties to cryptocurrency exchange Binance and potential conflicts of interest in regulating the industry. According to a May 9 Bloomberg report, Democratic senators asked Attorney General Pam Bondi and Treasury Secretary Scott Bessent...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Chrome Unleashes AI to Block Scam Notifications Before They Trick You

Google's AI system now flags suspicious notifications to protect Android users from falling victim to deceptive tactics.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

CryptoQuant CEO revises bearish market outlook, says cycle theory evolving with institutional inflows

CryptoQuant CEO Ki Young Ju has revised his earlier prediction that the Bitcoin (BTC) bull cycle had ended, citing a shift in market structure and significant inflows through exchange-traded funds (ETFs) that are helping to absorb sell pressure. In a May 9 social media post, Ju acknowledged his March forecast was premature and the current […] The post CryptoQuant CEO revises bearish market outlook, says cycle theory...

Published on: May 09, 2025 | Source: CryptoSlate favicon CryptoSlate

Democrat Senators urge Treasury, DOJ to probe Trump’s crypto ties to Binance

Democratic senators have requested that the US Treasury and Justice Department investigate President Donald Trump’s crypto ties to Binance, Bloomberg News reported on May 9. According to the report, the lawmakers made the request in a letter sent to Treasury Secretary Scott Bessent and Attorney General Pam Bondi. Details about oversight actions The letter, which […] The post Democrat Senators urge Treasury, DOJ to...

Published on: May 09, 2025 | Source: CryptoSlate favicon CryptoSlate

Last Year’s Viral Meme Coins Are Back From the Dead as Solana and Ethereum Gain

Viral Solana meme coins from last year—like Moo Deng, GOAT, and Peanut the Squirrel—are seeing massive gains as the market rebounds.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Coinbase 24-7 Bitcoin, Ethereum Futures Trading Goes Live

The exchange on Thursday said it was buying options exchange Deribit.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

ETH soars after Pectra Upgrade, China Tariffs may Drop, PEPE leads MEMES

BTC hits $104k, first time $100k since Feb 7. ETH pumps 25%+ after Pectra upgrade. ETH turned deflationary again with Pectra. $800m shorts liquidated in 24 hours. BTC dominance may have peaked: Raoul Pal. Missouri to fully exempt tax on crypto gains. GENIUS Act fails to pass Senate vote. Strategy to release ‘Bitcoin Standard Model’. Strategy stock at YTD highs. Fidelity actively pitching BTC to CEOs. StanChart says BTC...

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Publicly Traded Healthcare Firm Embraces XRP With Crypto Reserve

Wellgistics Health, a publicly traded healthcare infrastructure firm, plans to accept payments in XRP and will add the token developed by Ripple Labs to its corporate treasury

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined

The cryptocurrency market continued to surge this past week as the overall digital asset market capitalization exceeded $3.27 trillion, an 8.6% increase over the previous week.Bitcoin (BTC) reached a high of $103,600 on May 8 after reclaiming $100,000 for the first time since January. Its market dominance also surged above 60%, reflecting more bullish BTC sentiment. This marked the third time BTC has broken through six...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Lido proposes dual governance upgrade to empower stETH holders in decisions

Lido’s governance community is reviewing a new proposal to give staked Ethereum (stETH) holders more influence in protocol decisions. The May 8 proposal, dubbed Lido Improvement Proposal 28 (LIP-28), introduces a Dual Governance framework. Presently, only LDO token holders can vote on changes to the Lido protocol. This gives them complete control over decisions that […] The post Lido proposes dual governance upgrade to...

Published on: May 09, 2025 | Source: CryptoSlate favicon CryptoSlate

Square Enix Is Bringing Its NFT Game to Sony’s Ethereum Network

Ahead of its final chapter, Square Enix's Symbiogenesis is expanding to Sony’s Soneium network with exclusive rewards and gaming collabs.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.Galaxyanticipates listing on the Nasdaq, a tech-focused US stock exchange, by the middle of May, pending approval from the Toronto Stock Exchange, on which the company is already listed, and shareholder approval...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Diddy Meme Coin Touches $180 Million as Music Mogul's Trial Begins

Diddy appeared to launch a meme coin amid his sex trafficking trial. One legal expert told said it could worsen his sentencing if he's found guilty.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Metaplanet issues another $21M in bonds to fuel Bitcoin purchases

Metaplanet issued its 14th Series of Ordinary Bonds, raising $21.25 million to fund additional Bitcoin (BTC) purchases as the company deepens its strategic pivot toward digital assets. The bonds were approved at a board meeting on May 9 and fully subscribed by EVO FUND, according to the regulatory filing. The notes will be structured as […] The post Metaplanet issues another $21M in bonds to fuel Bitcoin purchases...

Published on: May 09, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin Miner MARA Stock Surges Despite Earnings Miss as Analysts Applaud Cost Cutting

Both Jefferies and H.C. Wainwright analysts said MARA's focus on lowering power cost, that differentiates the miner from its peers.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk