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Spark Commits Additional $1 Billion to Lead Tokenized Treasuries Sector

Spark has allocated another $1 billion to tokenized U.S. Treasuries, bringing its total deployment to $2.4 billion across three funds.

Published on: May 06, 2025 | Source: Decrypt favicon Decrypt

Florida Joins Growing List of States Knocking Back Bitcoin Reserve Bills

The push for state-level digital asset reserves is hitting resistance nationally, despite early-year optimism among Bitcoin advocates.

Published on: May 06, 2025 | Source: Decrypt favicon Decrypt

Trump to Host Two Crypto Dinners This Month Amid Growing Ethics Concerns

President Trump will host a gala for the largest holders of his meme coin later this month, as lawmakers flag potential conflicts of interest.

Published on: May 06, 2025 | Source: Decrypt favicon Decrypt

Kenyan Court Orders Sam Altman's Crypto Project to Delete Biometric User Data

The Sam Altman startup faces rising global scrutiny as Kenya joins Indonesia in clamping down on the company this month.

Published on: May 06, 2025 | Source: Decrypt favicon Decrypt

OpenAI Ends Profit Cap in Restructure, Microsoft Yet to Sign Off

OpenAI lifts its profit cap and restructures as a public benefit company, but Microsoft approval remains uncertain.

Published on: May 06, 2025 | Source: Decrypt favicon Decrypt

Riot Platforms Sells $44 Million in Bitcoin Amid Mining Industry Headwinds

The publicly traded Bitcoin miner sold 475 Bitcoins last month, including all of the tokens it mined in April.

Published on: May 06, 2025 | Source: Decrypt favicon Decrypt

'Rat Poison Squared': Legendary Investor and Bitcoin Hater Warren Buffett Is Retiring

Storied investor Warren Buffett is also a prominent Bitcoin critic. As he prepares to step down, here are some of his top BTC slams.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

President Trump confirms May 22 gala dinner for top TRUMP holders

President Donald Trump confirmed that a private dinner will be held on May 22 at Trump National Golf Club in Washington for the top 220 holders of his memecoin, TRUMP. Trump made the announcement in a social media post on May 5.The event, organized by Fight Fight Fight LLC, a Trump-affiliated entity, will admit holders […] The post President Trump confirms May 22 gala dinner for top TRUMP holders appeared first on...

Published on: May 05, 2025 | Source: CryptoSlate favicon CryptoSlate

SEC Punts on Canary Capital Litecoin ETF Approval

The SEC held off on giving the green light to Canary Capital's application for a spot Litecoin ETF, following other altcoin fund delays.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

Chainlink Is Now Rewarding LINK Stakers With Tokens From Other Projects

A new community engagement program will provide reward tokens to incentivize network participation on Chainlink.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

Semler Scientific Adds $16.2 Million of Bitcoin as It Ramps Up BTC Buying Spree

The medical device company executed its third large Bitcoin buy in less than two weeks, bringing its BTC treasury’s total value to $342 million.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

New York district gets interim US Attorney as ex-SafeMoon CEO trial kicks off

Acting US Attorney for the Eastern District of New York (EDNY) John Durham has departed as President Donald Trump’s pick takes control of the office.In a May 5 notice, the US Attorney’s Office for EDNY said Joseph Nocella will serve as interim US Attorney for the region for 120 days or until a Senate-confirmed nominee assumes the role. Nocella’s appointment came as jury selection began in the criminal trial of Braden...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

XRP trading volume steady at $3.2B in Q1, but XRPL activity contracts sharply

Ripple’s XRP trading volume on top-tier exchanges throughout the first quarter, with average daily volume (ADV) holding nearly $3.2 billion, while XRP Ledger (XRPL) activity decreased. According to a May 5 report by Ripple, the volume trend reflects sustained institutional and retail engagement despite sharp price swings and moderating on-chain activity. Spot market data shows […] The post XRP trading volume steady at...

Published on: May 05, 2025 | Source: CryptoSlate favicon CryptoSlate

New House Market Structure Bill Would End SEC Oversight of Crypto's Top Coins

A new draft of the legislation appears to exempt most top crypto assets from SEC oversight. Democrats plan to walk out of a House session Tuesday related to the bill.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

Trump’s Ties Make Crypto’s Democrat Allies Stomp Brakes on Bills

The Senate's stablecoin bill's issues may delay work on the far more important market structure legislation.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

Good actors were 'unfairly targeted' by SEC β€” OpenSea's CEO

The Securities and Exchange Commission’s (SEC) enforcement approach on crypto firms has left a lasting β€œregulatory overhang” within the industry, according to Devin Finzer, co-founder and CEO of OpenSea.Speaking to Cointelegraph, Finzer said that during Biden's administration the agency unfairly targeted good actors in the crypto space, including OpenSea. β€œThere's all sorts of digital assets, you know, you shouldn't...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

VanEck officially files first BNB ETF application in the US

Asset manager VanEck filed a registration statement with the Securities and Exchange Commission on May 2 to launch aBNB exchange-traded fund (ETF). The filing marks the first known attempt to bring a spot BNB ETF to the US market. If approved, the fund would list on an unspecified national exchange under a yet-to-be-disclosed ticker symbol. […] The post VanEck officially files first BNB ETF application in the US...

Published on: May 05, 2025 | Source: CryptoSlate favicon CryptoSlate

Trump’s crypto dealings face scrutiny as House Republicans unveil digital asset bill

US President Donald Trump’s crypto businesses are drawing increased scrutiny on Capitol Hill and beginning to influence the progress of US digital asset legislation. As Republican lawmakers in the US House of Representatives unveiled their draft of a digital asset market structure bill on May 5, Democrats prepared for a united response to Donald Trump’s deepening connections with the industry.Speaking to Cointelegraph...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Stumbles as Trump Threatens Tariffs Ahead of Fed Decision

The central bank is expected to hold its benchmark interest rate steady.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

Bitcoin sell-off to $93.5K is a brief hiccup β€” Data still supports new BTC highs in 2025

Key takeaways:Bitcoin price slips, but BTC dominance is on the rise.Sizable purchases by Strategy and the spot BTC ETFs highlight institutional investors’ appetite for Bitcoin.Bitcoin’s (BTC) price has dropped by 4.3% in the last three days after nearly reaching $97,900 on May 2. Despite showing resilience at the $94,000 level on May 5, some traders are disappointed that strong institutional inflows have not been...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Trump Meme Coin Falls Alongside Stock of Logistics Firm That's Stockpiling It

The company wants to buy the president’s meme coin as a way to advocate for free trade between Mexico and the U.S.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

US Treasury sanctions Myanmar militia group for alleged crypto scams

The United States Department of the Treasury has sanctioned a Myanmar militia group known as the Karen National Army (KNA), accusing it of crypto-related scams and other criminal activities. According to a May 5 press release issued by the agency, the Karen National Army has been orchestrating a variety of crypto scams, including the infamous β€œpig butchering” scam, which lures victims into contributing more and more to...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Democratic opposition threatens GENIUS Act, jeopardizing 2025 crypto agenda – Galaxy

The Senate GENIUS Act bill, designed to establish federal rules for stablecoins, is facing resistance from key Democrats, jeopardizing the prospects for broader crypto legislation in 2025. The Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act) advanced from the Senate Banking Committee in March with bipartisan support. However, nine Senate Democrats announced […] The post Democratic...

Published on: May 05, 2025 | Source: CryptoSlate favicon CryptoSlate

SHIB Plunges 7.4% in One Week, but Market Sentiment Remains Cautiously Optimistic

Institutional investors accumulate despite volatility, with 109 new SHIB millionaire wallets emerging in April.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

VanEck Seeks SEC Approval to Launch First BNB ETF in US

VanEck's filing for a fund based on Binance Coin (BNB) comes as issuers seek approval for a widening array of altcoin-based ETFs.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

Leading House Dem Will Block Crypto Market Structure Bill Hearing

Rep. Maxine Waters said she is concerned about U.S. President Donald Trump's increasing crypto ties.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin Likely Still 'Rat Poison' at Berkshire Hathaway Even Without Warren Buffett

The Oracle's crypto skepticism runs deep and successor Greg Abel is unlikely to chart a new course.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

VanEck files for BNB ETF, first in US

Asset manager VanEck has asked US regulators for permission to list an exchange-traded fund (ETF) holding BNB, the native token of Binance’s BNB Chain, regulatory filings show.The ETF is designed to accumulate spot BNB (BNB) tokens and β€œmay, from time to time, stake a portion of the [fund’s] assets through one or more trusted staking providers,” according to the ETF’s S-1 prospectus.The filing marks the first time an...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Binance Founder CZ Talks Life Inside Prison, Trump Presidency, and the State of Crypto

In an exclusive interview, Rug Radio's Farokh Sarmad sits down with Changpeng Zhao, known by many as "CZ," Binance's founder and former CEO. They discuss CZ's time in jail, its hardships and lessons, his thoughts on the second Trump presidency, and how he's feeling about the crypto space in general.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

Israeli authorities arrest Nomad Bridge hacker, approve extradition to US

An Israeli-Russian national was arrested last week while allegedly attempting to flee Israel under a false identity, and now faces extradition to the US in connection with a major crypto hack that caused nearly $190 million in damages. Alexander Gurevich was taken into custody on May 1 at Ben-Gurion Airport just before boarding a flight […] The post Israeli authorities arrest Nomad Bridge hacker, approve extradition to...

Published on: May 05, 2025 | Source: CryptoSlate favicon CryptoSlate

Samourai Wallet’s Lawyers Say Prosecution Suppressed Critical Evidence, Call for Dismissal

Before SDNY prosecutors filed charges in the case, FinCEN told them that Samourai Wallet didn’t meet the definition of a money transmitting business.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

What do crypto users want to happen to Alex Mashinsky?

Crypto users are weighing in as Alex Mashinsky, the former CEO of Celsius Network, prepares to stand before a judge on May 8 to face sentencing for commodities fraud and a fraudulent scheme to manipulate the price of the platform’s token.In a May 2 filing in the US District Court for the Southern District of New York (SDNY), prosecutors released several impact statements from individuals affected by the collapse of...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Solana Patches Bug That Could Have Allowed Attackers to Mint and Swipe Tokens

The Solana Foundation disclosed that validators quietly patched a major bug, avoiding a potentially catastrophic exploit.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

House Republicans release draft bill to establish federal framework for crypto regulation

The House Financial Services and Agriculture Committee leaders published a discussion draft outlining a federal crypto framework to regulate the industry in the US on May 5. House Financial Services Chairman French Hill (R-AR), Agriculture Committee Chairman Glenn β€œG.T.” Thompson (R-PA), Financial Services Subcommittee Chair on Digital Assets Bryan Steil (R-WI), and Agriculture Subcommittee Chair […] The post House...

Published on: May 05, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin investors’ expectations evolve as 88% of BTC supply is in profit

Key Takeaways:88% of Bitcoin’s supply is in profit below $95,000, indicating a reset in investor expectations. The current price range of $75,000–$95,000 may represent a structural bottom, aligning with market conditions from Q3 2024.The Market Value to Realized Value (MVRV) Ratio at 1.74 acts as a historical support zone, signaling cooling unrealized gains and potential for future growth.Bitcoin’s (BTC) market...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph