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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...
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...
US Senate crypto bills stall amid Trump ties and ethics concerns
6.5.2025
Efforts to pass crypto legislation in the US Senate face mounting resistance amid growing ethical concerns around US President Donald Trump’s ties to crypto.In a May 5 letter to the US Office of Government Ethics, Senators Elizabeth Warren and Jeff Merkley said that Trump and his family stand...
US Senate crypto bills stall amid Trump ties and ethics concerns
6.5.2025
Efforts to pass crypto legislation in the US Senate face mounting resistance amid growing ethical concerns around US President Donald Trump’s ties to crypto.In a May 5 letter to the Office of Government Ethics, Senators Elizabeth Warren and Jeff Merkley said that Trump and his family stand...
Trump Declares Full Support for Crypto on National TV—‘Millions Want It’
6.5.2025
President Donald Trump’s electrifying endorsement of crypto signals a massive momentum shift, as he vows U.S. dominance in digital assets, blasting rivals and touting crypto’s unstoppable popularity. Trump: I Want Crypto Because Millions of People Want It U.S. President Donald Trump voiced strong...
Trump’s Ties Make Crypto’s Democrat Allies Stomp Brakes on Bills
5.5.2025
The Senate's stablecoin bill's issues may delay work on the far more important market structure legislation
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...
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...
Leading House Dem Will Block Crypto Market Structure Bill Hearing
5.5.2025
Rep. Maxine Waters said she is concerned about U.S. President Donald Trump's increasing crypto ties
VanEck files for BNB ETF, first in US
5.5.2025
Asset manager VanEck has asked US regulators for permission to list an exchange-traded fund (ETF) holding BNB, the native token of Binance’s BNB Chain, regulatory filings show. The ETF is designed to accumulate spot BNB (BNB) tokens and “may, from time to time, stake a portion...
What do crypto users want to happen to Alex Mashinsky?
5.5.2025
Crypto users are weighing in as Alex Mashinsky, the former CEO of Celsius Network, prepares to stand before a judge on May 8 to face sentencing for commodities fraud and a fraudulent scheme to manipulate the price of the platform’s token.In a May 2 filing in the US District Court for...
Price predictions 5/5: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI
5.5.2025
Key points:Bitcoin is witnessing a tough battle between the bulls and the bears at the $95,000 level.Solid buying by spot Bitcoin ETF investors last week signals a positive shift in investor sentiment. Select altcoins have held their support levels, increasing the likelihood of a short-term...
Bitcoin investors’ expectations evolve as 88% of BTC supply is in profit
5.5.2025
Key Takeaways:88% of Bitcoin’s supply is in profit below $95,000, indicating a reset in investor expectations. The current price range of $75,000–$95,000 may represent a structural bottom, aligning with market conditions from Q3 2024.The Market Value to Realized Value (MVRV) Ratio...
What will Bitcoin price be if gold hits $5K?
5.5.2025
Key takeaways: Bitcoin has historically outperformed gold, more recently by sixfold.Gold’s climb toward $5,000 could set the stage for significant Bitcoin gains.Weakening US dollar and rising global liquidity remain key drivers for both assets.Gold’s march toward $5,000 per ounce...
Left-Leaning Lobby Group Claims Trump’s Executive Order Paved Way for His Own $2.9B Crypto Boom
5.5.2025
President Donald Trump’s cryptocurrency ventures have added an estimated $2.9 billion to his wealth in six months, according to an April 23 report by the left-leaning State Democracy Defenders Fund. Soros-Backed Lobbyists Claim Trump’s Policy Shift Is a ‘Conflict of Interest’ The...