Key points: Bitcoin miners have stopped selling their BTC in what may signal the end of a lengthy distribution streak. Over the past month, miner wallet balances have increased by around 2,700 BTC. Hash Ribbons data shows good times continuing for both miners and BTC price strength. Bitcoin (BTC) accumulation by miners is back as […]
Archives par catégorie: Flash News
Once a go-to swapper for hackers and drainers, eXch was shut down by German police in April — but continued activity suggests the story isn’t over. Without Know Your Customer (KYC) checks, eXch wasn’t your typical crypto exchange. It acted more like an instant swapper, allowing bad actors and cybercriminals to fly under the radar […]
Crypto venture capital deals in the first quarter of 2025 saw deal values jump even as the number of deals sank from the same quarter a year ago, says PitchBook. The venture research firm said in its May 14 Crypto VC Trends report for Q1 that 405 deals were made in the quarter, down 39.5% […]
World Network, the digital identity and crypto project of Sam Altman’s OpenAI, has alarmed privacy activists ahead of its United States launch, with observers concerned over its data collection and protection practices. World “is the opposite of privacy. It’s a trap,” said Nick Almond, CEO of FactoryDAO, on X. While the project claims to protect […]
Decentralized finance platform Synthetix is planning to venture further into crypto derivatives with plans to re-acquire the crypto options platform Derive. Synthetix said in a May 14 blog post that it plans to acquire Derive in a token exchange deal, pricing 1 SNX token to 27 DRV tokens, which would value Derive at around $27 […]
Bitcoin-buying medical device firm Semler Scientific has seen its share price drop after the bell as its first-quarter revenues fell and losses deepened from the year-ago quarter. In its Q1 earnings report released May 13, Semler reported its total revenues fell 44% from the year-ago quarter to $8.8 million, with its net losses hitting $64.7 […]
Two former executives of the bankrupt crypto lending service Cred have pleaded guilty to wire fraud connected to the company’s collapse. Former Cred CEO Daniel Schatt and chief financial officer Joseph Podulka admitted to wire fraud as part of a plea deal with prosecutors, according to a May 13 text filing in a California District […]
Crypto and stock trading platform eToro has boosted the size of its initial public offering to $620 million by pricing its shares above its previously suggested range. The platform and its backers sold over 11.92 million shares for $52 each, which are slated to start trading on the Nasdaq Global Select Market on May 14 […]
Thailand’s Ministry of Finance reportedly plans to issue $150 million worth of digital investment tokens, allowing retail investors to buy government bonds. The Bangkok Post reported on May 13 that Finance Minister Pichai Chunhavajira announced the initiative at a briefing after the cabinet endorsed the plan. He added that the tokens will be launched within […]
A Colorado-incorporated firm has been linked to a Chinese illicit marketplace that has served scammers in Southeast Asia and has been used to channel billions of dollars worth of crypto. The marketplace, called Xinbi Guarantee, has received $8.4 billion, primarily in Tether (USDT) stablecoin transactions to date, blockchain security firm Elliptic reported on May 13. […]
Disclaimer: This article contains a video that may be disturbing for some readers. A brazen attempt to kidnap the daughter and grandson of Pierre Noizat, the co-founder and CEO of French crypto exchange Paymium, was foiled after the daughter and passersby reportedly fought off the kidnappers. Three masked men attacked Noizat’s daughter and a male […]
Stablecoin issuer Tether bought $458.7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with Cantor Equity Partners. Tether snapped up 4,812.2 Bitcoin (BTC) at $95,319 each and transferred it to an escrow wallet on May 9, Cantor […]
Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets. In a May 12 letter, Senators Cynthia Lummis and Bernie Moreno suggested Bessent had the authority to change the definition of “adjusted financial statement income” under existing US […]
Key Takeaways: Bitcoin price holds above $100,000, driven by « risk-on » sentiment after the CBOE Volatility Index (VIX) dropped to 20. The Bitcoin Bull Score Index surged to 80, and the Fear & Greed Index suggests growing optimism, with historical patterns indicating potential for further price gains. Bitcoin (BTC) price continues to consolidate higher above $100,000 […]
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 an undisclosed amount in Stablecorp and will help market its fiat-collateralized stablecoin, QCAD. “It’s […]
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 declined compared to the same […]
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 for US Stablecoins, or GENIUS Act, failed to get enough […]
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% between May 6 and May 10, following the broader altcoin market rally after […]
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 weakens or seasonal trends play out. Optimism has returned to the crypto markets, and […]
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 an altseason, a period where altcoins significantly outperform Bitcoin (BTC), could be on […]