Crypto

El Salvador holds the sixth-largest sovereign Bitcoin reserve as its crypto portfolio now exceeds $644 million.

The new SEC chair said the regulator "should not be in the business" of stifling innovation at companies like those involved in digital assets. In one of his first speeches since becoming chair of the US Securities and Exchange Commission (SEC) in April, Paul Atkins addressed some of the regulatory concerns around the cryptocurrency industry. In prepared remarks for a May 19 speech, Atkins said it was a “new day” for the crypto industry under the current leadership of the SEC. He suggested that the financial regulator would be more open to “adapt to and accommodate new developments” while still abiding by its statutes. “The crypto markets have been languishing in SEC limbo for years,” said Atkins, adding: Read more

JPMorgan CEO Jamie Dimon said the Wall Street lender plans to offer Bitcoin (BTC) to its customers in a stark shift from his historical stance toward the digital asset. During JPMorgan’s Investor Day, Dimon reiterated that he is “not a fan” of Bitcoin, but acknowledged that clients will continue to demand access to it.  He […] The post JPMorgan to support Bitcoin buying despite Jamie Dimon’s ongoing skepticism appeared first on CryptoSlate.

Cryptocurrencies reversed early losses as risk assets shrugged off the Moody's U.S. debt downgrade.

Chainalysis has reported Darknet Market crypto revenue down 15% in 2024 to roughly $2 billion, yet Russia has surged. ‘Kraken’ has overtaken rivals, raising income 68% as operators ditch Bitcoin for Monero and channel funds through DeFi to skirt exchange KYC. The post Russia’s ‘Kraken’ Darknet Market Crypto Sales Soar 68% as Global Trade Falls appeared first on Cryptonews.

It's the first US-regulated investment fund holding the Cronos chain's native token, CRO. Crypto.com and asset manager Canary Capital are launching a US investment fund designed to provide exposure to the Cronos blockchain’s native token, CRO, the cryptocurrency exchange said in a statement. The Canary CRO Trust will hold the Cronos (CRO) token in a regulated fund wrapper, Crypto.com said, adding that the trust is not an exchange-traded fund (ETF) and is only available to accredited investors.  Creating regulated funds such as CRO Trust is part of Crypto.com’s plan for “further mainstreaming crypto,” Eric Anziani, president and chief operating officer of Crypto.com, said in a statement. Read more

Bitcoin’s quick recovery from its Asia-trading session trade-off shows bulls are viewing every dip as a buying opportunity as BTC approaches new all-time highs. Key points: Bitcoin’s rejection at $107,000 shows sellers are active at higher levels, but the recovery from the intraday low shows solid buying. Strategy and Metaplanet continue to accumulate Bitcoin, adding steady buy-side pressure to BTC price.  Read more

Bitcoin holders can now employ a similar strategy by shorting the US dollar and holding on to the harder asset, BTC, said Mauricio di Bartolomeo. Before discovering Bitcoin (BTC), Ledn co-founder Mauricio di Bartolomeo found success shorting the Venezuelan Bolivar as it rapidly lost value against the stronger US dollar. Now, with the US dollar depreciating against Bitcoin, borrowing against Bitcoin instead of selling it has become a more viable strategy. “Prior to Bitcoin, my most successful investment was shorting the Bolivar with dollars,” di Bartolomeo told Cointelegraph in an exclusive interview at the Consensus conference in Toronto, Canada.  “I was borrowing Bolivars and buying dollars with them, holding the hard dollars and having a borrow [position] on the weaker currency,” he said. Read more

The two principal partners, Zand Bank and Mamo, will use Ripple Payments, a platform that combines stablecoins, crypto, and fiat currency to enable payments. Ripple, the creator of cryptocurrency XRP (XRP), launched cross-border blockchain payments in the United Arab Emirates (UAE), a development that could spur the adoption of cryptocurrency in a country receptive to digital assets. Zand Bank, the UAE’s first all-digital bank, and Mamo, a fintech company that offers a digital payment platform for businesses, will be the principal users of the blockchain payments system, according to a May 19 Ripple announcement. Zand Bank and Mamo will use “Ripple Payments” to facilitate cross-border blockchain payments. Read more

A longtime vocal critic of bitcoin, Dimon said the bank he runs will now let clients to buy the crypto.

US Securities and Exchange Commission Chairman Paul Atkins announced a sweeping pivot in the agency’s approach to digital assets, signaling the end of what he called a “shoot-first-and-ask-questions-later” enforcement regime. In his remarks at the SEC Speaks conference, Atkins said the agency would begin drafting formal rule proposals tailored to the crypto industry and open […] The post SEC chair Atkins reaffirms end of harsh crypto enforcement, proposes unified framework appeared first on CryptoSlate.

The latest Ethereum price prediction is turning heads, as $ETH has surged over 50% since this time last month – and some analysts believe the rally is just getting started.Yesterday, Ethereum climbed more than 2.5% in 24 hours to trade around $2,536. The recovery has reignited hopes that ETH could hit the $3,000 mark this […] The post Ethereum Price Prediction: $2,400 Bounce Triggers Bullish Pattern With $3,700 Target appeared first on Cryptonews.

Unichain has witnessed over a 3,000% increase in its active addresses over the past 30 days.

At the 2025 FINRA Annual Conference, regulators have examined a $5.7 billion jump in investment fraud, noting AI-generated phishing, deepfakes and fake support calls have accelerated crypto scams; they have urged real-time checks, Rule 2165 holds and telecom number blocking. The post FINRA Panel Sounds Alarm on AI-Powered Crypto Scams Targeting Retail Investors appeared first on Cryptonews.

Bitcoin’s sharp sell-off from $107,000 was the result of profit taking, not contagion from Moody’s recent downgrade of US debt. Key takeaways: Bitcoin recovered from its sharp sell-off from $107,000, suggesting it functions as a hedge against uncertainty for investors reacting to Moody’s recent downgrade of US debt. Moody’s downgraded the US credit rating to Aa1, citing a $36 trillion debt and rising deficits, causing market turbulence and a spike in US Treasury yields. Read more

Cardano has traded around $0.72, giving back part of its recent 25 % gain. Analysts note that whales have accumulated more than 80 M ADA and funding rates across major exchanges have stayed positive, factors that could propel a price move toward the $0.85–$0.90 region if support holds. The post Cardano Teeters at $0.72 – Will Whales Ignite a 50% Rally or Crash? appeared first on Cryptonews.

But it is the Layer 0 that matters, says Paul Brody, head of blockchain at EY.

Spot XRP ETFs are only a matter of time, according to one industry expert.

XRP has dipped 4.5% over the past week as its recent rally cools off, taking a breather after gaining strong momentum since last Wednesday.Does this pullback invalidate a bullish XRP price prediction?The token is currently trading at $2.31, having faced heavy resistance at $2.66. Despite the dip, trading volume has surged 72% in the past […] The post Can XRP Hit $3 This Week? Bulls Step In as $2.30 Holds Strong (XRP Price Prediction) appeared first on Cryptonews.

Tether has secured 19th place among Treasury holders with $120B in short-dated U.S. bills, outpacing Germany. Q1 reserves of T-bills, repos, cash and gold have delivered $1B profit, steadied USDT during market turmoil and emphasized stablecoins’ support for U.S. debt. The post Tether’s $120B U.S. T-Bill Haul Tops Germany – Is a New Debt Whale Rising? appeared first on Cryptonews.