Crypto

Market sentiment remains positive, but signs of exhaustion appear as BTC nears key technical and psychological levels.

Defendants allegedly stole hundreds of millions in crypto and then blew it on supercars, private jets, and designer bags.

The Wisconsin fund sold its Bitcoin ETF stake sometime in Q1, weeks before sweeping U.S. tariffs triggered a crypto market slide.

Experts say Coinbase’s inclusion in the S&P 500 is unlikely to be affected by an SEC probe and recent insider-led data breach.

Bitcoin could do better than gold this year as institutions continue to invest, analysts at JP Morgan wrote in a note published Thursday.

US government charges against Tornado Cash co-founder Roman Storm were slightly pared back after a memo said the Justice Department would end most crypto cases. US federal prosecutors are pressing ahead with their case against Tornado Cash founder Roman Storm, but will drop a small part of their indictment after the Department of Justice rolled back its crypto enforcement last month. Jay Clayton, the acting US Attorney for Manhattan, told federal court judge Katherine Polk Failla in a May 15 letter that the charges against Storm still stand, bar one part of a conspiracy to operate an unlicensed money transmitting business charge. “After review of this case, this Office and the Office of the Deputy Attorney General have determined that this prosecution is consistent with the letter and spirit of the April 7, 2025 Memorandum from the Deputy Attorney General,” Clayton wrote. Read more

Wisconsin, one of the first US states offering Bitcoin exposure to its retirees, previously held over 6 million shares in BlackRock’s Bitcoin ETF. The State of Wisconsin Investment Board (SWIB), which oversees the state’s retirement funds, unloaded its shares in BlackRock’s iShares Bitcoin Trust ETF (IBIT) during the first quarter, filings show. The Wisconsin Investment Board reported no spot Bitcoin ETF positions in its 13F filing to the US Securities and Exchange Commission on May 15, liquidating all 6,060,351 IBIT shares it reported holding from the previous quarter.  The more than 6 million IBIT shares are worth around $355.6 million at current prices. Read more

The Department of Justice said it had reviewed the memo by Todd Blanche with his office.

The next wave of FTX creditor distributions will begin on May 30, with over $5 billion worth of recovered funds set to be sent out.

The Tokyo Exchange-listed Japanese firm Remixpoint has used its balance sheet to buy another $3.4 million worth of Bitcoin (BTC). The post Japan’s Remixpoint Buys Another $3.4M Worth of Bitcoin appeared first on Cryptonews.

The US Department of Justice does not intend to drop its federal criminal charges against Tornado Cash developer and co-founder Roman Storm, Decrypt reported on May 15, citing sources within the DOJ. The DOJ’s decision to proceed comes despite an internal memo circulated last month signaling a potential shift in how the agency handles cases […] The post DOJ to press on with criminal charges against Tornado Cash developer Roman Storm appeared first on CryptoSlate.

Bitcoin is the "perfect and only lifeboat," crypto entrepreneur Hayes has argued.

Binance Wallet “killing” competition and airdrops, K-drama actress embezzles $3M, Chinese firm to issue RWAs in Hong Kong. Asia Express. Cryptocurrency exchange Binances wallet has surged out of nowhere in 2025 to become the dominant in the industry. It closed the week starting on May 5 with an 86% share of the swap market, and so far, in the week starting on May 12, its at 93%, according to Dune Analytics data. At the first full week of the year, Binance Wallet controlled a measly 3.4% while OKX led the industry with 44.6% of the market, with MetaMask and imToken each at around 18.5%. Read more

Consensus mechanisms have diversified beyond PoW and PoS. Researchers highlight Stellar’s trust‑driven PoA, Quai Network’s PoEM and PWR Chain’s DPOP, which seek faster finality, lower fees and stronger security, though each raises fresh questions on complexity and validator influence. The post Consensus Mechanisms Race to Fix PoW and PoS Flaws Before 2032 Security Crunch appeared first on Cryptonews.

Stablecoins offer a cheaper, faster alternative to legacy global payments systems, the popular investor said at Consensus. Global foreign exchange and payments platforms are lobbying hard against stablecoins, which stand to significantly disrupt their business models, investor Kevin O’Leary said during a keynote address at Consensus 2025. Legacy forex and payments platforms often extract large fees for servicing cross-border cash transfers and stand to lose out on revenue if regulated stablecoins become accepted as a cheaper, faster alternative, O’Leary said at the Toronto conference.  “Once that’s approved, the multi-trillion dollar FX market becomes efficient, transparent, and inexpensive,” he said.  Read more

The US Senate is expected to take up another vote on the GENIUS Act within days, but it's unclear whether the bill's supporters will address concerns from Democrats. Coinbase chief legal officer Paul Grewal addressed some of the concerns raised by US lawmakers and industry leaders around President Donald Trump’s crypto ventures, and how they may affect related legislation. Speaking at the Consensus conference in Toronto on May 15, Grewal said there had been “hiccups” in Congress since the Senate Banking Committee voted to advance the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, in March. Though Grewal said there were disputes over “substantial issues that need to be addressed” in the bill, he hinted that Trump’s involvement in the industry was a “complicating factor.”  “The discussion around the president's support for a certain memecoin or two and other efforts does add a certain level of challenge to the effort to get Democrats and Republicans aligned on the right way to r...

Addentax has unveiled negotiations to swap up to $800 million in common stock for 8,000 Bitcoin and other tokens, notably the TRUMP memecoin, aiming to fortify its balance sheet with liquid digital assets and align with influential crypto holders, even as its shares have fallen after the disclosure. The post China’s Addentax Plans $800M Crypto Buy, Including 8,000 BTC and Trump Tokens appeared first on Cryptonews.

Abu Dhabi sovereign wealth fund Mubadala raised its exposure to Bitcoin (BTC) during the first quarter, purchasing 491,000 shares of BlackRock’s iShares Bitcoin Trust (IBIT), according to its latest Form 13-F filing. Mubadala held 8,726,972 shares of IBIT as of March 31, up 6% from the previous quarter and worth approximately $408.5 million at the […] The post Abu Dhabi sovereign wealth fund Mubadala expands Bitcoin exposure via IBIT while Wisconsin fund exits crypto ETF appeared first on CryptoSlate.

Wintermute has expanded to New York, reflecting the shift in U.S. crypto policy. The trading firm has hired Ron Hammond, once senior director at the Blockchain Association, to lead advocacy as President Trump’s SEC pick Paul Atkins proposes clearer rules for digital assets. The post Wintermute Plants Flag in New York, Betting on Softer US Crypto Rules appeared first on Cryptonews.

The Barstool founder opened up about the risks and rush of meme coins at a fireside chat with Bullish CEO Tom Farley.