Archives par catégorie: Flash News

US prosecutors recommend 2 years for SEC hacker

US prosecutors recommend 2 years for SEC hacker

The US government has asked a federal judge to impose a two-year sentence for Eric Council Jr., the individual who helped post a fake message announcing the approval of Bitcoin exchange-traded funds through the Securities and Exchange Commission’s (SEC’s) X account. In a May 12 filing in the US District Court for the District of […]

Bitcoin profit taking at $106K the first stop before new all-time BTC price highs

Bitcoin profit taking at $106K the first stop before new all-time BTC price highs

Key Takeaways: Bitcoin exhibits a bearish breakout from an ascending channel, with the risk of profit-taking near $106,000. A lower-than-expected US Consumer Price Index (CPI) print could boost Bitcoin, but a higher CPI may increase bearish pressure, leading to a price drop below $100,000. Bitcoin (BTC) price reached an intraday high of $105,800 on May […]

Coinbase stock surges as it’s set to join the S&P 500

Coinbase stock surges as it’s set to join the S&P 500

Coinbase Global (COIN) will join the Standard and Poor’s 500 (S&P500) index fund on May 19, financial information services platform S&P Global said in a recent statement. The crypto exchange will replace Discover Financial Services (DFS), which was recently acquired by Capital One Financial Corp (COF), S&P Global said on May 12. S&P Global’s confirmation […]

NYC Mayor doubles down on crypto push ahead of city summit

NYC Mayor doubles down on crypto push ahead of city summit

New York City Mayor Eric Adams announced partnerships between the city and financial firms as part of his crypto plans. In a May 12 press conference at Gracie Mansion, the the city’s official mayoral residence, Adams said June Ou, founder of financial services company Figure, and Richie Hecker, CEO of private equity firm Traction and […]

Price predictions 5/12: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

Price predictions 5/12: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

Key points: Bitcoin price saw profit booking near $105,819, signaling that bears remain active at higher levels. Select altcoins have continued to move higher, indicating increased investor interest.   The SPX and the DXY are playing catch-up to Bitcoin following the US-China trade deal. Bitcoin (BTC) has started the new week on a cautious note, falling […]

Bitcoin price sells off after Trump’s US-China tariff deal — Here is why

Bitcoin price sells off after Trump’s US-China tariff deal — Here is why

Key takeaways: Bitcoin lags as investors shift toward stocks after the US and China strike a deal that could end the current trade war. Macroeconomic conditions are swinging away from gold investing and back to stocks.  Bitcoin (BTC) reached its highest price in over three months at $105,720 on May 12, but was unable to […]

BlackRock flags quantum computing as risk for Bitcoin ETFs

BlackRock flags quantum computing as risk for Bitcoin ETFs

Emerging technologies, including quantum computing, could potentially render the cryptography securing Bitcoin and other blockchain networks ineffective, asset manager BlackRock said in a regulatory filing.  On May 9, BlackRock updated the registration statement for its iShares Bitcoin ETF (IBIT). The revised version addressed potential risks to the integrity of the Bitcoin network posed by quantum […]

Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high

Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high

Key points: Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news. Nearby order book liquidity forms potential targets for traders, which now include $102,000. A classic moving average retest suggests that a new all-time high should result. Bitcoin (BTC) stuck to $104,000 at the May 12 […]

USDt market cap hits $150B for first time as Tether eyes US expansion

USDt market cap hits $150B for first time as Tether eyes US expansion

Tether’s USDt (USDT) surpassed a $150 billion market capitalization for the first time on May 12, marking a new milestone amid growing stablecoin adoption. USDt’s circulating supply has expanded by over 36% in the past year, with growth accelerating in November following the election of US President Donald Trump. USDt’s market cap growth over the […]

Bitcoin short-term ‘technical sell-off’ under $100K possible ahead of May 13 CPI print

Bitcoin short-term ‘technical sell-off’ under $100K possible ahead of May 13 CPI print

Key takeaways: Possible de-risking ahead of the May 13 CPI print could be playing a role in today’s BTC price correction. Bitcoin market structure and qualitative fundamentals remain bullish, suggesting today’s correction could be short-lived. Bitcoin (BTC) price briefly stumbled on May 12, falling to $102,388 after hitting an intraday high at $105,819 during the […]

US real estate manager launches $100M tokenized fund with institutional backing

US real estate manager launches $100M tokenized fund with institutional backing

Patel Real Estate Holdings (PREH) has launched a $100 million tokenization fund on the Chintai blockchain, aiming to give accredited investors access to institutional-grade real estate opportunities. The new PREH Multifamily Fund is a tokenized investment vehicle focused on vintage Class A multifamily units across the top 20 US growth markets, the company told Cointelegraph […]

Will Bitcoin hodlers be the reason more countries adopt wealth taxes?

Will Bitcoin hodlers be the reason more countries adopt wealth taxes?

Opinion by: Robin Singh, CEO of Koinly Is there a catch for Bitcoin hodlers, with the asset’s price up over 600,000% since the beginning of 2013?  Perhaps — if governments keep waking up to Bitcoin’s value, the whole “you only pay tax when you sell” mantra could soon be a thing of the past. What […]

Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high

Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high

Key points: Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news. Nearby order book liquidity forms potential targets for traders, which now include $102,000. A classic moving average retest suggests that a new all-time high should result. Bitcoin (BTC) stuck to $104,000 at the May 12 […]

Trump-linked miner American Bitcoin going public via Gryphon merger

Trump-linked miner American Bitcoin going public via Gryphon merger

Bitcoin mining firm American Bitcoin is going public through a merger with crypto mining firm Gryphon Digital Mining, the companies announced on May 12. Under the terms of the deal, Gryphon Digital Mining will acquire American Bitcoin in a stock-for-stock transaction. After the merger, the new company will operate under the American Bitcoin brand and […]

Bitcoin, altcoins poised to rally on US-China tariff agreement

Bitcoin, altcoins poised to rally on US-China tariff agreement

A 90-day tariff agreement between the US and China may set the stage for a broader recovery of stock and cryptocurrency markets, as investors look ahead to a potential tax relief package. The White House announced on May 12 that the two countries will reduce their respective tariffs to 10% for an initial 90-day period […]

Strategy added 13,390 Bitcoin for $1.34B as price topped $100K

Strategy added 13,390 Bitcoin for $1.34B as price topped $100K

Michael Saylor’s Strategy purchased a fresh batch of Bitcoin as the cryptocurrency pushed above $100,000 last week. Strategy acquired 13,390 Bitcoin (BTC) for $1.34 billion between May 5 and May 11, the firm announced in its filing with the US Securities and Exchange Commission published on May 12. The acquisition has increased Strategy’s total Bitcoin […]

DeGods NFT founder steps down as collection gains traction

DeGods NFT founder steps down as collection gains traction

The creator of the non-fungible token (NFT) collection DeGods announced that he has stepped down as the CEO of the project amid an uptick in sales for the collection.  Rohun Vora, known online as “Frank DeGods” on X, said he has stepped down as the project’s CEO, concluding a three-year stint as the head of […]

Nakamoto Holdings merges with KindlyMD to build Bitcoin treasury

Nakamoto Holdings merges with KindlyMD  to build Bitcoin treasury

Healthcare services provider KindlyMD merged with Bitcoin-native holding company Nakamoto Holdings to build a BTC treasury. According to a May 12 announcement, Nakamoto Holdings — a new company founded by David Bailey, a crypto adviser to US President Donald Trump — plans to build the first global network of Bitcoin (BTC) treasury companies in partnership […]

Crypto speculation dominates $600B cross-border payments: BIS report

Crypto speculation dominates $600B cross-border payments: BIS report

Hundreds of billions of dollars in cross-border cryptocurrency payments flow globally, driven primarily by speculative investment, according to a recent report by the Bank for International Settlements (BIS). The BIS study, published May 8, found cross-border payments using the two largest cryptocurrencies, Bitcoin (BTC) and Ether (ETH), and the two largest stablecoins, USDt (USDT) and […]

FTX EU creditors can now withdraw money from Backpack exchange

FTX EU creditors can now withdraw money from Backpack exchange

Crypto exchange Backpack announced that customers of the defunct crypto exchange FTX EU can begin reclaiming their funds through its service. According to a May 12 X post, Backpack now allows FTX EU users who selected it as the redistribution platform to claim their euro balance. Users must first complete Know Your Customer (KYC) verification […]