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Wellgistics Health to integrate XRP into payment infrastructure
8.5.2025
Wellgistics Health, a healthcare infrastructure company, will integrate XRP (XRP) and related technologies into its payment network to streamline transactions between pharmacies, medical suppliers and prescription medication manufacturers, the company said in an announcement on May 8. Wellgistics...
Coinbase's Deribit buy shows growing derivatives market
8.5.2025
Coinbase’s agreement to buy Deribit highlights the increasing importance of financial derivatives for cryptocurrency exchanges, according to industry executives. On May 8, Coinbase, the US’s largest crypto exchange by trading volume, agreed to acquire crypto derivatives platform...
Bitcoin options could pave the path for new BTC price highs — Here is how
8.5.2025
Key takeaways:97% of the $8.3 billion in Bitcoin put options expire worthless at a $102,000 BTC price.Short covering above $105,000 could trigger a Bitcoin price rally to new highs.Bitcoin (BTC) soared above $101,000 on May 8, reaching its highest level in over three months. The 4.6% daily...
Former FTX exec's wife says gov't 'induced a guilty plea'
8.5.2025
Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors deceived her husband in a plea deal.In a May 7 filing in the US District Court for the Southern District of New York...
Mashinsky’s 12-year sentence sets tone of enforcement in Trump era
8.5.2025
The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud. Mashinsky’s legal team sought a light sentence. They highlighted his spotless record before the Celsius incident, along with his military service...
Bitcoin hits $101.7K as US strategic reserve bills become law and BTC mass adoption accelerates
8.5.2025
Key takeaways: Bitcoin rallies to $101,707 against a backdrop of strong fundamentals in the regulatory and traditional finance space.Traders are confident that $100,000 will hold as support.Bitcoin (BTC) price rallied above $100,000 on the heels of US President Donald Trump’s announcement...
Here’s what happened in crypto today
8.5.2025
Today in crypto, Coinbase has agreed to acquire crypto options trading platform Deribit in a deal worth $2.9 billion, Arizona’s governor signed a “Bitcoin Reserve Fund” into law, and Robinhood plans a blockchain for tokenized securities offerings in Europe.Coinbase to acquire...
Beyond digital gold, Bitcoin’s next chapter is about to be unlocked — Dan Held
8.5.2025
Bitcoin (BTC) has long been branded as “digital gold,” a store of value for believers in scarcity, decentralization and self-sovereignty. As institutional interest grows, geopolitics shift, and new layers emerge on Bitcoin’s stack, is it time for the narrative to evolve? In...
Beyond digital gold, Bitcoin’s next chapter is about to be unlocked — Dan Held
8.5.2025
Bitcoin (BTC) has long been branded as “digital gold,” a store of value for believers in scarcity, decentralization and self-sovereignty. As institutional interest grows, geopolitics shift, and new layers emerge on Bitcoin’s stack, is it time for the narrative to evolve? In...
Coinbase to acquire options trading platform Deribit for $2.9B
8.5.2025
Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms.Coinbase Global will acquire Deribit for about $2.9 billion, the exchange announced on May 8.The acquisition will allow...
Stripe rolls out stablecoin accounts in over 100 countries
8.5.2025
Stripe, a global payments platform, has introduced stablecoin-based accounts to clients in over 100 countries. According to a May 7 announcement, the new feature will allow the platform's clients "to send, receive, and hold US-dollar stablecoin account balances, similar to how a traditional fiat...
Crypto miner deserts Pennsylvania site, fails to plug wells: Report
7.5.2025
Cryptocurrency miner Diversified Energy quietly vacated a natural gas-powered crypto mining site in Elk County, Pennsylvania, reportedly leaving behind unplugged wells and regulatory violations.The site, known as Longhorn Pad A, was revived in 2022 after sitting dormant for nearly a decade when...
Bitcoin-backed loans ‘obvious’ next step — Xapo Bank CEO
7.5.2025
Bitcoin holders are becoming more comfortable borrowing against their crypto as market confidence grows, according to Seamus Rocca, CEO of the Gibraltar-based private bank, Xapo Bank. In an interview at the Token2049 event in Dubai, Rocca told Cointelegraph that with Bitcoin (BTC) hovering...
Binance founder CZ says Bitcoin could hit $500K–$1M this cycle
6.5.2025
Binance co-founder Changpeng “CZ” Zhao expects Bitcoin’s price to top at $500,000 to $1 million during this market cycle.During an interview with Rug Radio published on May 5, Zhao said that he expects Bitcoin to reach up to one million dollars during this market cycle. He also...
Singapore’s Grab taps Solana DePIN project Natix to ‘reshape mapping’
6.5.2025
Southeast Asia’s superapp Grab has partnered with Natix, a project within Solana’s decentralized physical infrastructure network (DePIN), to cooperate on mapping and autonomous driving technologies.The joint collaboration aims to combine Natix’s blockchain-based mapping data with...
Bitcoin risks sub-$92K retest as BTC price fails to match 4% gold gains
6.5.2025
Key points:Bitcoin is struggling again as gold retakes the limelight with week-to-date gains of nearly 5%.Bitcoin’s correlation with gold is under scrutiny amid ongoing macroeconomic shifts.Traders see a short-term slump amid a wider BTC price rebound.Bitcoin (BTC) eyed fresh month-to-date...
US stablecoin bill loses democrats amid Trump corruption concerns
6.5.2025
Democratic lawmakers in Washington are backing off support for crypto legislation amid heightened concerns over corruption, including the conduct of the Trump family’s World Liberty Financial (WLFI).In March, the GENIUS Act, which would regulate stablecoins in the US, passed a critical...
OpenAI to stay nonprofit, scrap proposed overhaul
5.5.2025
ChatGPT-maker OpenAI has abandoned plans to become a for-profit company and reaffirmed commitment to its nonprofit status. In a May 5 blog post, OpenAI confirmed plans to convert its for-profit business unit into a so-called Public Benefit Corporation (PBC), which would remain under...
Good actors were ‘unfairly targeted’ by SEC — OpenSea's CEO
5.5.2025
The Securities and Exchange Commission’s (SEC) enforcement approach on crypto firms has left a lasting “regulatory overhang” within the industry, according to Devin Finzer, co-founder and CEO of OpenSea. Speaking to Cointelegraph, Finzer said that during Biden's...
Trump’s crypto dealings face scrutiny as House Republicans unveil digital asset bill
5.5.2025
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...