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Florida Pharma Firm Will Use XRP for Real-Time Payments in $50M Financing Deal
βWe believe that there are certain advantages to integrating XRP and its related infrastructure into its healthcare ecosystem,β the firm said in the release.
Published on: May 09, 2025 | Source:
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Treasury Secretary Bessent Blasts Senate for Blocking GENIUS Stablecoin Bill
Scott Bessent has slammed the Senate for blocking the GENIUS Act, warning it weakens U.S. crypto leadership ahead of the 2026 midterms.
Published on: May 09, 2025 | Source:Bitcoin accepted at fast food chain Steak βn Shake from May 16
American fast food outlet Steak βn Shake has announced it will begin accepting Bitcoin as payment at all locations starting on May 16.The firm said on X on May 9 that it was making the cryptocurrency available to more than 100 million customers, adding that βthe movement is just beginning,β before signing off as βSteaktoshi.βThe fast food chain initially hinted at accepting Bitcoin (BTC) in March when it posted βShould...
Published on: May 09, 2025 | Source:Metaplanet is raising another $21M through bonds to buy more Bitcoin
Fresh off its most recent Bitcoin purchase, Japanese investment firm Metaplanet is raising more funds through another bond issue to expand its growing crypto treasury.Through a $21.25 million issue of β0% Ordinary Bonds,β all the βfunds raised will be allocated to the purchase of Bitcoin,β the firm said in a May 9 statement. Zero-coupon bonds donβt offer any interest to the holder. Most of the time, they are issued at...
Published on: May 09, 2025 | Source:Steak βN Shake to Roll Out US Bitcoin Payments Nationwide
Steak βn Shake hinted at Bitcoin support in March, signaling early interest in crypto adoption before making its full-scale move public.
Published on: May 09, 2025 | Source:Zerebro Creator Jeffy Yu Found Alive After Faked Death Fuels Meme Coin Surge
The 22-year-old dev behind $LLJEFFY was discovered alive days after a viral suicide video and obituary drove the token to a $105M market cap.
Published on: May 09, 2025 | Source:Bitcoin's Price Surge to $104K Liquidates Nearly $400M in Bearish BTC Bets, Opening Doors to Further Gains
The rally followed a U.K. trade deal announcement and record ETF inflows exceeding $40 billion.
Published on: May 09, 2025 | Source:Explosive ETH, ADA, DOGE Moves Spur $800M in Short Liquidations, Highest Since 2023
Bears are nursing their highest losses over two years as majors surged as much as 20%.
Published on: May 09, 2025 | Source:Crypto Miner MARA Holdings Posts $533M Q1 Loss Despite Record Bitcoin Holdings
The Bitcoin mining firm saw its earnings plummet as accounting rules forced it to face unrealized losses for its massive crypto holdings.
Published on: May 09, 2025 | Source:SEC Commissioner Crenshaw Slams Ripple Deal, Agency Direction Under Trump
Commissioner Caroline Crenshaw criticized the agencyβs settlement with Ripple, calling it a blow to investor protections and rule of law.
Published on: May 09, 2025 | Source:Why Is Bitcoin's Price Rising Today?
Bitcoin surged past $103,000 as traders bet on Fed rate cuts, welcomed signs of institutional inflows, and reacted to easing trade tensions.
Published on: May 09, 2025 | Source:BTC nears $100K, Trade deal Optimism, Stripe allows Stablecoin Accounts
BTC nears $100k on trade news optimism. BTC exchange reserves dropping dramatically. Stripe introduces stablecoin financial accounts. Robinhood plans blockchain platform for trading. US banks can handle crypto custody assets: OCC. Revolut integrates BTC payments in Europe. Bailey raising $300m for BTC investment firm. Strive to move to BTC treasury. Metaplanet issues $25m bonds to buy BTC. ETHβs Pectra upgrade now...
Published on: May 09, 2025 | Source:American Cardinal Prevost Elected Pope in Major Betting Markets Upset
Cardinal Robert Prevost defied global betting markets to become the first U.S.-born pope, stunning gamblers and reshaping Vatican history.
Published on: May 09, 2025 | Source:Meta exploring stablecoins for cross-border payouts in renewed crypto push
Meta is exploring stablecoin-based payment infrastructure in a renewed effort to integrate blockchain technology into its platforms, Fortune reported on May 8, citing people familiar with the matter. According to the report, the tech giant is in preliminary discussions with multiple crypto firms to evaluate stablecoins as a mechanism for managing cross-border payouts. The discussions [β¦] The post Meta exploring...
Published on: May 09, 2025 | Source:Coinbase Q1 revenues up 40% YoY to $2 billion, while net income down
Coinbase reported $2 billion in total revenue for the first quarter, compared to $1.6 billion in the first quarter of 2024. Meanwhile, the exchange posted $66 million in net income, compared to $1.2 billion, including unrealized gains of $737 million, during the same period last year. Coinbase reported $930 million in adjusted EBITDA for the [β¦] The post Coinbase Q1 revenues up 40% YoY to $2 billion, while net income...
Published on: May 08, 2025 | Source:New Mistral AI Version Drops: A Worthy ChatGPT and Claude at a Fraction of the Cost
The Mistral Medium 3 delivers flagship performance, is cheap enough to make inroads in enterprise software, and rivals major competitors.
Published on: May 08, 2025 | Source:Reporters find Zerebro founder alive and breathing at parentβs house, confirming suicide was staged
Zerebro founder Jeffy Yu was found alive and living at his parentsβ house in San Francisco, confirming growing suspicions that the death was staged. Yu, whose livestreamed βsuicideβ set off a viral cascade of eulogies, a commemorative memecoin launch, and even a digital obituary, was confronted by reporters from the San Francisco Standard on May [β¦] The post Reporters find Zerebro founder alive and breathing at parentβ...
Published on: May 08, 2025 | Source:Tom Brady, Larry David Among Celebs Cleared in FTX LawsuitβMostly
A judge this week dismissed most of the claims made in a lawsuit against celebrities like Tom Brady and Larry David for promoting FTX.
Published on: May 08, 2025 | Source:EU to Track Crypto Transfers Under New AML Rules: Eurogroup President
The EU plans to βrecord data on the senders and recipients of fundsβ to and from crypto-asset service providers, Paschal Donohoe said.
Published on: May 08, 2025 | Source:Reddit Cracks Down After AI Bots Secretly Infiltrated Debate Forum
Reddit plans to tighten verification processes after researchers used AI to manipulate users' opinions without consent.
Published on: May 08, 2025 | Source:SEC files to settle lawsuit with Ripple, execs over civil penalty dispute
The US Securities and Exchange Commission (SEC) filed a proposed settlement agreement with Ripple, CEO Brad Garlinghouse, and Executive Chairman Chris Larsen to resolve the Commissionβs longstanding civil enforcement action against the company and its executives. In a filing submitted on May 8, the SEC and the defendants jointly requested that the US District Court [β¦] The post SEC files to settle lawsuit with Ripple,...
Published on: May 08, 2025 | Source:SECβs crypto task force lead criticizes ETF approval process, highlights need for patience
The head of the US Securities and Exchange Commission (SEC) Crypto Task Force, Hester Peirce, said the decade-long process that led to the approval of spot Bitcoin exchange-traded funds (ETFs) was mishandled, and urged crypto market participants to be patient with ongoing regulatory delays. In an interview on Bloombergβs Trillions podcast, Peirce addressed the slow [β¦] The post SECβs crypto task force lead criticizes...
Published on: May 08, 2025 | Source:SEC Files for $50 Million Settlement With Ripple Over XRP Lawsuit
The SEC and Ripple agreed that the fintech company will pay just $50 million to settle a long-running lawsuit over XRP sales.
Published on: May 08, 2025 | Source:Meta exploring stablecoin integration for payouts: Report
Tech company Meta is reportedly exploring integrating stablecoin payments into its platforms after a three-year hiatus from cryptocurrencies, Fortune reported, citing sources familiar with the matter.The Facebook parent held talks with several crypto infrastructure firms in consultation but has not chosen a decisive course of action, according to the report.One source said the company may take a multi-token approach...
Published on: May 08, 2025 | Source:Dogecoin Leads Meme Coin Surge as Pepe, Fartcoin and Trump Solana Token Jump
Bitcoin is back above $100K and pulling meme coins with it, with Dogecoin, Fartcoin, and President Trump's Solana coin showing massive gains.
Published on: May 08, 2025 | Source:Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme
Ex-Celsius CEO Alex Mashinsky was sentenced to 12 years in prison on May 8 for orchestrating a scheme that defrauded customers of the crypto lending platform by misrepresenting investment risks and manipulating the price of the companyβs token, CEL. As Bloomberg News reported, the sentence was handed down by US District Judge John Koeltl in [β¦] The post Former Celsius CEO Alex Mashinsky receives 12 years in prison over...
Published on: May 08, 2025 | Source:Binance Founder CZ Says He Applied for President Trump Pardon
After a four-month prison stay last year, Binance founder Changpeng "CZ" Zhao admitted that he's seeking a pardon from President Trump.
Published on: May 08, 2025 | Source:SEC, Ripple Ink $50M Settlement Agreement, Ask NY Judge for Green Light
District Judge Analisa Torres ordered Ripple to pay the SEC a $125 million fine last year. Under the new settlement agreement, Ripple will get the majority of that money back.
Published on: May 08, 2025 | Source:Wellgistics Health to integrate XRP into payment infrastructure
Wellgistics Health, a healthcare infrastructure company, will integrate XRP (XRP) and related technologies into its payment network to streamline transactions between pharmacies, medical suppliers and prescription medication manufacturers, the company said in an announcement on May 8. Wellgistics cited the finality time of XRP transactions and reduced transaction costs, which are fractions of a penny, compared to...
Published on: May 08, 2025 | Source:Anna Kazlauskas: Data Ownership in the Age of AI
The co-founder of Vana is building data DAOs and decentralized marketplaces to create an ecosystem of user-owned data. She will give the keynote at the AI Summit at Consensus May 16.
Published on: May 08, 2025 | Source:Coinbase Misses Q1 Revenue Forecasts Amid Drop in Trading Volume
The crypto exchange giant's trading revenues fell 19% from its previous quarter amid challenges that afflicted crypto markets.
Published on: May 08, 2025 | Source:StanChart says Bitcoin could exceed $120K target for Q2 amid institutional, sovereign boom
Standard Charteredβs head of digital assets research, Geoffrey Kendrick, said Bitcoin (BTC) appears on track to reach new record highs sooner than expected, driven by mounting institutional inflows and a global shift in asset allocation. In a May 8 investor note shared with CryptoSlate, Kendrick said he initially projected a $120,000 price target for the [β¦] The post StanChart says Bitcoin could exceed $120K target for...
Published on: May 08, 2025 | Source:Coinbase's Deribit buy shows growing derivatives market
Coinbaseβs agreement to buy Deribit highlights the increasing importance of financial derivatives for cryptocurrency exchanges, according to industry executives.On May 8, Coinbase, the USβs largest crypto exchange by trading volume, agreed to acquire crypto derivatives platform Deribit for $2.9 billion in the crypto industryβs largest corporate acquisition to date.The deal reflects increasing competition among digital...
Published on: May 08, 2025 | Source:Bitcoin options could pave the path for new BTC price highs β Here is how
Key takeaways:97% of the $8.3 billion in Bitcoin put options expire worthless at a $102,000 BTC price.Short covering above $105,000 could trigger a Bitcoin price rally to new highs.Bitcoin (BTC) soared above $101,000 on May 8, reaching its highest level in over three months. The 4.6% daily BTC price gain triggered $205 million in liquidations of bearish futures positions and eroded the value of nearly every put (sell)...
Published on: May 08, 2025 | Source:Coinbase Stock Falls After Earnings Disappoints Wall Street on Market Volatility
The crypto exchange cited a drop in crypto prices as a result of U.S. President Donald Trumpβs tariff policy and macroeconomic uncertainty as the reason behind the weak quarter.
Published on: May 08, 2025 | Source: