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Coinbase hit with wave of lawsuits over customer data breaches
19.5.2025
Coinbase has been hit with a flood of lawsuits after it recently disclosed its user data was breached, with users accusing the crypto exchange of mishandling the incident.At least six lawsuits were filed against Coinbase between May 15 and May 16, which all made various claims that the exchange...
‘Sats’ vs ‘bits’ debate reignites amid proposal to change Bitcoin base unit
19.5.2025
A recent proposal that aims to change Bitcoin’s base unit to make it easier to understand as a payment tool has run into opposition, with critics saying Bitcoin’s satoshis are no more confusing than the dollar’s cents. Bitcoin developer John Carvalho introduced Bitcoin Improvement...
Coinbase faces lawsuit over alleged breaches of Illinois biometric privacy law
19.5.2025
A group of Coinbase users from Illinois have filed a class-action lawsuit against the crypto exchange, alleging that its identity checks violate the state’s Biometric Information Privacy Act (BIPA).Plaintiffs Scott Bernstein, Gina Greeder and James Lonergan claimed in the May 13 lawsuit filed...
Bitcoin notches record weekly close after highest-ever daily close candle
19.5.2025
Bitcoin has notched its highest-ever weekly close as crypto market momentum continues and the cryptocurrency is again nearing its all-time high.Bitcoin (BTC) has closed at a weekly gain for the past six weeks in a row, and its most recent close at midnight UTC on May 18 was its highest weekly close...
Australian feds seize mansion, Bitcoin allegedly linked to crypto exchange hack
19.5.2025
An Australian man from the state of Queensland has forfeited Bitcoin, a waterfront mansion and a Mercedes-Benz car after Australian Federal Police claimed the assets could be linked to the proceeds of crime.The AFP-led Criminal Assets Confiscation Taskforce (CACT) said in a May 18 statement that...
Russia arrests Blum co-founder Vladimir Smerkis on fraud charges
19.5.2025
Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project.The Zamoskvoretsky District Court of Moscow approved a request from investigators to keep...
Bitcoin impulse move toward new highs sets a fire under HYPE, ETH, XMR and AAVE
19.5.2025
Key points:Bitcoin’s rally to $105,980 has traders predicting new all-time highs this week. Traders lift their end-of-year Bitcoin price targets to $200,000 based on technical factors and institutional investor adoption. Bitcoin (BTC) has been stuck in a narrow range for the past...
Ethereum back to $3K in May? Latest rebound says ETH price 'still has more gas'
18.5.2025
Key points:Ether price rose 3% to $2,550 on May 18, triggering $22 million in short ETH liquidations.A bull flag on the chart suggests a $3,700 target, with analysts predicting Bitcoin’s price to go as high as $5,000 in May.Ether’s (ETH) price was up on May 18, rising more than 2.5%...
Ether Bears Are Done and That’s Fueling ETH’s Surge, Crypto Benchmark Issuer Says
16.5.2025
Ether's recent price rally is driven by short covering rather than new bullish bets, CF Benchmarks' Sui Chung said
Ethereum to $10K 'can't be ruled out' as ETH price makes sharp gains vs. SOL, XRP
11.5.2025
Key takeaways:Ether has rebounded from key parabolic and triangle support levels, reviving the case for a $10,000 breakout.Historical fractals and RSI recovery mirror past pre-rally setups seen in 2016 and 2020.Altseason signals and strength against rivals like SOL and XRP boost Ethereum’s...
Why is Ethereum (ETH) price up today?
10.5.2025
Key takeaways:Ether is set for its best weekly gain since May 2021.Ethereum’s Pectra upgrade, mega-whale accumulation, and a major short squeeze fuel the rally.Technical patterns suggest a potential 40% rally toward $3,400 as ETH bounces off key support.Ether (ETH) is on course to record...
4chan rises from the dead: How the imageboard moves crypto markets
10.5.2025
After 4chan was hacked on April 14 and vast troves of user and moderator data were leaked online, the controversial website quickly went down, and many believed it would never recover. However, less than two weeks later, the imageboard was back online, defiant as ever.“4chan is back,”...
UK to become ‘safe harbor’ for crypto with new draft rules — Experts
10.5.2025
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...
RedotPay enters South Korea with crypto-powered payment cards
10.5.2025
Hong Kong-based fintech firm RedotPay has reportedly launched its cryptocurrency-enabled payment cards in South Korea, positioning itself as a potential disruptor in a market dominated by traditional credit card firms and mobile payment services.The company’s crypto debit cards — both...
Robert Kiyosaki says ditch ‘fake money’ for Bitcoin, gold, and silver
10.5.2025
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...
BlackRock’s Bitcoin ETF posts $356 million inflows, marking the longest streak of 2025
10.5.2025
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...
Bitcoin won’t see ‘gigantic’ SWF buying until laws greenlit — Scaramucci
10.5.2025
Sovereign Wealth Funds are already gaining exposure to Bitcoin, but significant allocations won’t happen until the United States establishes clearer regulations for the digital assets industry, says SkyBridge founder Anthony Scaramucci.“I think they are buying it, I think they...
Bitcoin yet to hit $150K because outsiders are ghosting — Michael Saylor
10.5.2025
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...
Ethereum price greenlit for further upside after surprise 29% ETH rally
10.5.2025
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...
Doodles NFT token stalls after airdrop
10.5.2025
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...