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World Liberty Financial brushes off oversight concerns from Congress
16.5.2025
Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by US lawmakers to investigate the president’s potential conflicts of interest.In a May 15 letter to Senator Richard Blumenthal, lawyers for World...
World Liberty Financial brushes off oversight concerns from Congress
16.5.2025
Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by US lawmakers to investigate the president’s potential conflicts of interest.In a May 15 letter to Senator Richard Blumenthal, lawyers for World...
SEC hacker sentenced to 14 months in prison
16.5.2025
A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X account saying it would approve spot Bitcoin (BTC) ETFs, to 14 months in prison.Following a May 16 hearing in the US District Court for the District...
SEC hacker sentenced to 14 months in prison
16.5.2025
A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X account saying it would approve spot Bitcoin (BTC) ETFs, to 14 months in prison.Following a May 16 hearing in the US District Court for the District...
CFTC commissioner to leave agency on May 31
16.5.2025
Christy Goldsmith Romero of the US Commodity Futures Trading Commission (CFTC) will step down on May 31, leaving three seats open at the financial regulator.In a May 16 announcement, Romero said her last day at the agency would be on May 31, ahead of her reported initial plans to leave if...
CFTC commissioner to leave agency on May 31
16.5.2025
Christy Goldsmith Romero of the US Commodity Futures Trading Commission (CFTC) will step down on May 31, leaving three seats open at the financial regulator.In a May 16 announcement, Romero said her last day at the agency would be on May 31, ahead of her reported initial plans to leave if...
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...
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...