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Ex-SEC Chair Gary Gensler privately supported crypto — McHenry
14.5.2025
Former US Securities and Exchange Commission (SEC) Chair Gary Gensler may not have been as hostile to crypto behind closed doors as he appeared to be in public, according to former US Representative Patrick McHenry.In a May 13 appearance on the Crypto in America podcast, McHenry revealed that...
Here’s what happened in crypto today
14.5.2025
Today in crypto, VanEck is launching its first tokenized fund backed by US Treasurys; Arizona Governor Katie Hobbs has vetoed bills aimed at creating a state Bitcoin reserve and enabling crypto payments; and Coinbase is poised to become the first crypto company added to the S&P 500 index.VanEck...
CoinShares Q1 net profit falls to $24M
13.5.2025
CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period a year ago.Although CoinShares’s profits and EBITDA remained positive in Q1 2025, the margins...
Coinbase invests in Canadian stablecoin issuer
13.5.2025
Coinbase has partnered with Canadian stablecoin issuer Stablecorp in a bid to expand access to tokenized Canadian dollars, a company executive told Cointelegraph during the Blockchain Futurist Conference in Toronto.According to Coinbase Canada's CEO, Lucas Matheson, the exchange is investing...
Solana network and DeFi activity suggest SOL price rally will continue
13.5.2025
Key takeaways:Solana's $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem.Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month.SOL’s 8% funding rate shows healthy leverage demand from bulls.Solana’s native token SOL (SOL) surged 24.8%...
What are the next steps for the US stablecoin bill?
13.5.2025
Proponents of a bill to regulate stablecoins in the US Congress will likely take up another vote on the legislation in a matter of days without responding to concerns about President Donald Trump’s financial ties to the cryptocurrency industry.The Guiding and Establishing National Innovation...
Bitcoin is one rally away from new highs, but overly euphoric bulls signal ‘overheating’ market
13.5.2025
Key takeaways:Bitcoin price maintains its bullish momentum, but a sentiment indicator suggests the market could be overheating. Data highlights Bitcoin traders taking profits and a lopsided market angled toward longs.Analysts warn of a potential short-term correction, especially if gold...
Altcoins’ roaring returns and falling USDT stablecoin dominance suggest ‘altseason’ is here
13.5.2025
Key Takeaways:Declining Bitcoin dominance and rising strength in altcoins and memecoins could be a sign that it’s altseason.USDT dominance could drop to 2022 lows, indicating an accelerating capital rotation into Bitcoin and other cryptocurrencies. The cryptocurrency market shows signs that...
VanEck to launch its first RWA tokenization fund
13.5.2025
Investment firm VanEck is launching a tokenized real-world asset (RWA) fund that offers exposure to US Treasury bills, developed in partnership with tokenization platform Securitize. The initiative places VanEck among a growing number of traditional finance firms entering the RWA tokenization...
Bitcoin shrugs off US CPI win as Binance CEO says BTC 'leading pack'
13.5.2025
Key points:Bitcoin fails to capitalize on lower-than-expected US CPI data, seeing a Wall Street sell-off for a second day.Traders see BTC/USD buying time before its next move, and a trip below $100,000 is on the cards.Bitcoin is showing “undeniable” momentum against gold and stocks...
Yuga Labs sells CryptoPunks IP to Infinite Node Foundation
13.5.2025
Infinite Node Foundation (NODE), a nonprofit focused on digital art, has acquired the intellectual property of the CryptoPunks non-fungible token (NFT) collection from Yuga Labs, NODE said in a May 13 announcement. The acquisition of CryptoPunks, plus its additional $25 million endowment...
SEC hacker counters prosecutors with 366-day sentencing recommendation
13.5.2025
Defense lawyers have asked a judge to sentence the person responsible for helping post a fake message announcing regulatory approval of Bitcoin exchange-traded funds to roughly a year in prison, countering prosecutors’ request for a two-year sentence.In a May 13 filing in the US District...
How to use tsUSDe on TON for yield-generating dollar savings
13.5.2025
Looking for a way to earn passive income on your crypto without riding the rollercoaster of volatile coins? TsUSDe (the staked version) on The Open Network (TON) might be the answer. It’s a dollar-pegged stablecoin that earns yield by design, and you can boost those earnings even more...
Bitcoin remains unmatched as a global inflation hedge
13.5.2025
Opinion by: Jupiter Zheng, Partner Liquid Fund at HashKey CapitalWhenever Bitcoin falls in value, the narrative is always the same: It’s failing as a hedge against inflation. In the eyes of critics, Bitcoin is not the “digital gold” that so many others claim it to be.With gold...
$1B Bitcoin exits Coinbase in a day as analysts warn of supply shock
13.5.2025
Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9.On May 9, Coinbase saw 9,739 Bitcoin (BTC), worth more than $1 billion, withdrawn from the exchange — the highest...
Bitcoin builders defend venture capital's role in layer-2 growth
13.5.2025
Venture capital firms are critical to infrastructure development in the Bitcoin ecosystem, despite pushback from some in the community, according to builders speaking at the Token2049 conference in Dubai.Charlie Yechuan Hu, CEO of Bitcoin layer-2 protocol Bitlayer, shared his insights on venture...
South Korea’s Democratic Party sets up ‘Digital Asset Committee’
13.5.2025
The largest political party in South Korea, the Democratic Party, has launched a Digital Asset Committee focused on developing cryptocurrency policies and promoting industry growth.The committee held its inaugural meeting at the National Assembly Members’ Hall in Seoul on May 13, the local...
Robinhood to acquire Canada’s WonderFi for $179M in global crypto push
13.5.2025
Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto firm, for about 250 million Canadian dollars ($179 million) in an all-cash deal to expand its global presence.The acquisition is expected to close in the second half of 2025, Robinhood said in a May 13 news release.WonderFi...
History rhymes? XRP price gained 400% the last time whale flows flipped
13.5.2025
Key takeaways:XRP price has risen 55% since April and is now flashing bullish continuation signals.Whale flows have flipped positive for the first time since November 2024, historically signaling trend reversals.A falling wedge breakout projects 40% gains ahead, but $2.80 may act as interim...
Brave adds Cardano blockchain support to browser and Web3 wallet
13.5.2025
Update (May 13, 1:00 pm UTC): This article has been updated to add third-party commentary from Robert Roose.Web3 and privacy-focused web browser Brave Browser has integrated the Cardano blockchain into its native and standalone wallets.According to a May 12 announcement, the integration stems from...