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Basel Medical shares down 15% on $1B Bitcoin buying plans
16.5.2025
Shares of Basel Medical Group are down around 15% after the healthcare company announced plans to buy $1 billion in Bitcoin for its corporate treasury. On May 16, Singapore-based Basel said it was “in advanced discussions with a consortium of institutional investors and high-net-worth...
Price predictions 5/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
16.5.2025
Key points:A Bitcoin price close above $105,000 could accelerate momentum and trigger a rally to $130,000.Ether continues to gain strength, which is being mirrored by many altcoins.Bitcoin (BTC) has been consolidating between $100,718 and $105,819 for the past few days, indicating a balance between...
Price predictions 5/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
16.5.2025
Key points:A Bitcoin price close above $105,000 could accelerate momentum and trigger a rally to $130,000.Ether continues to gain strength, which is being mirrored by many altcoins.Bitcoin (BTC) has been consolidating between $100,718 and $105,819 for the past few days, indicating a balance between...
Crypto miner turned AI provider CoreWeave adds billions in market cap
16.5.2025
Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly public company.CRWV stock climbed as much as 26.3% in New York trading, pushing its market...
Crypto miner turned AI provider CoreWeave adds billions in market cap
16.5.2025
Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly public company.CRWV stock climbed as much as 26.3% in New York trading, pushing its market...
Bitcoin breaks out while Coinbase breaks down: Finance Redefined
16.5.2025
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams.While less than 1% of Coinbase’s active monthly users were reportedly affected, the expected remediation...
Bitcoin breaks out while Coinbase breaks down: Finance Redefined
16.5.2025
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams.While less than 1% of Coinbase’s active monthly users were reportedly affected, the expected remediation...
Bitcoin supply crunch boosts confidence in $200K target for 2025 — Bitwise CIO
16.5.2025
Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand.In an interview with Cointelegraph at Consensus 2025 in Toronto, the executive said that Bitwise's Bitcoin price prediction...
Bitcoin supply crunch boosts confidence in $200K target for 2025 — Bitwise CIO
16.5.2025
Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand.In an interview with Cointelegraph at Consensus 2025 in Toronto, the executive said that Bitwise's Bitcoin price prediction...
US Senate will pass Stablecoin bill — Digital Chamber chief
16.5.2025
The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association and advocacy group.Speaking to Cointelegraph at Consensus 2025...
Bitcoin breakout odds climb as all-time highs meet $90K dip warning
16.5.2025
Key points:Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction.Price discovery is keenly awaited, but downside predictions include levels further toward $90,000.BTC/USD has delivered highly patterned moves since its rebound began in April.Bitcoin (BTC)...
From debanking to a banking arms race—The rise of stablecoins
16.5.2025
Opinion by: Megan Knab, CEO, Franklin PayrollThere are few historical examples of such a massive about-face for an industry, from banks debanking crypto businesses to now embracing stablecoins. If you talk to most crypto startup founders or companies with crypto on the balance sheet, they will...
Europe’s MiCA law is motion, but can the crypto industry keep up?
16.5.2025
The European Union’s Markets in Crypto-Assets regulation — better known as MiCA — is now in its critical implementation phase. Designed to unify crypto regulation across all 27 EU member states, MiCA promises clarity, consumer protection and long-term market stability. But...
Sonic Labs Wins Court Order to Liquidate Multichain Foundation
16.5.2025
Sonic Labs CEO Michael Kong announced that the Singapore High Court has approved the liquidation of Multichain Foundation, appointing KPMG’s Singapore branch as liquidators. Multichain’s Refusal to Cooperate Forced Sonic Labs’ Hand Sonic Labs CEO Michael Kong said the Singapore High Court...
‘Really Great Example’: Coinbase Praised for Hack Response Amid $400M Crisis
15.5.2025
At a panel at Consensus 2025, TRM Labs' Ari Redbord discussed Coinbase’s response to their recent hack
Movement Labs Secretly Promised Advisers Millions in Tokens, Leaked Documents Show
15.5.2025
Signed memos reveal that Movement Labs, a Trump-backed crypto startup, offered up to 10% of its token supply to shadow advisers through undisclosed agreements
a16z Crypto Leads $7M Round in KYD Labs That Aims to Transform Ticketing Industry
15.5.2025
KYD Labs aims to put artists and venues in control, with blockchain-based ticketing boosting sales by 30%
Sonic Labs wins judgment for Multichain Foundation to wind up
15.5.2025
A Singapore High Court has ruled in favor of Sonic Labs’ motion to force the Multichain Foundation to wind up in an effort to recover funds stolen during a 2023 hack.In the May 9 judgment in the Singapore Supreme Court, Justice Kwek Mean Luck granted a request from Sonic Labs, formerly...
3 reasons why Ethereum price could rally to $5,000 in 2025
14.5.2025
Key takeaways:A longer-term ETH price rally is dependent on SEC approval of in-kind ETF creation and staking to attract more investors. AI adoption and Ethereum layer-2 growth must drive onchain activity to restore the network’s deflationary burn mechanism.Ether (ETH) surged 43.6% between...
Ethereum retakes 10% market share, but ETH bulls shouldn't celebrate yet
14.5.2025
Key takeaways:Ethereum’s market dominance has hit overbought RSI levels not seen since May 2021, historically followed by major pullbacks.ETH/USD is showing a bearish divergence on the four-hour chart, hinting at a potential 10–15% price correction.Despite the near-term risks, some...