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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...
Massive Bitcoin Bull Run Ahead? Two Chart Patterns Mirror BTC's Rally to $109K
7.5.2025
Key bearish indicators recently trapped bears on the wrong side of the market in a pattern observed in August-September 2024
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...
Bitcoin could rally regardless of what the Federal Reserve FOMC decides this week: Here’s why
6.5.2025
Key Takeaways:The Fed may pause rates but inject liquidity. Crypto could rally as a recession hedge.The weak US dollar and gold rally signal a shift to scarce assets.The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets...
Solana bull flag, rising stablecoin market cap hint at SOL price rally to $220
6.5.2025
Key takeaways:Solana’s stablecoin supply rose by 156% in 2025, to hit a new record at $12 billion.Solana’s TVL grew by 25% to $7.65 billion, with 27.7% decentralized exchange volume share, leading Ethereum and BNB Chain.SOL price formed a bull flag, with a price target...
Solana bull flag, rising stablecoin market cap hint at SOL price rally to $220
6.5.2025
Key takeaways:Solana’s stablecoin supply rose by 156% in 2025, to hit a new record at $12 billion.Solana’s TVL grew by 25% to $7.65 billion, with 27.7% decentralized exchange volume share, leading Ethereum and BNB Chain.SOL price formed a bull flag, with a price target...
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...
Bitcoin sell-off to $93.5K is a brief hiccup — Data still supports new BTC highs in 2025
5.5.2025
Key takeaways:Bitcoin price slips, but BTC dominance is on the rise.Sizable purchases by Strategy and the spot BTC ETFs highlight institutional investors’ appetite for Bitcoin.Bitcoin’s (BTC) price has dropped by 4.3% in the last three days after nearly reaching $97,900 on May...
US Treasury sanctions Myanmar militia group for alleged crypto scams
5.5.2025
The United States Department of the Treasury has sanctioned a Myanmar militia group known as the Karen National Army (KNA), accusing it of crypto-related scams and other criminal activities. According to a May 5 press release issued by the agency, the Karen National Army has been orchestrating...