Crypto

Bitcoin OG Adam Back is used to being asked if he’s Satoshi… and has to laugh at some of the crazy conspiracy theories about Blockstream. For a man who many believe could actually be Satoshi, Blockstream CEO Adam Back is surprisingly understanding on the question of normies buying so-called paper Bitcoin via the ETFs. You have to have some empathy for the people who want to buy Bitcoin, but they dont know how to do it, and its too complicated, Back tells Magazine.  There are limits to his tolerance though. You also dont really want 90% of it in ETFs or something because that might start to become a problem, says the London-born, Malta-based cryptographer. Read more

ETH is currently stuck 40% lower than it was this time last year after devs finalized the Pectra upgrade.

The integration will offer users cheaper, faster transactions using Lightspark's payment infrastructure built on top of the Bitcoin-based Lightning Network.

Michael Saylor’s AI-driven financial strategy could push Bitcoin to $250K faster than expected. Learn how AI and digital assets are shaping BTC's future. The post Bitcoin Price Prediction: Saylor’s AI Playbook Could Push BTC to $250K Faster Than Expected appeared first on Cryptonews.

So far this year, the answer has been quite obvious - but can ETH change the game in the next months?

Institutions are starting to embrace crypto as a legitimate investment, helping drive mainstream acceptance and foster needed regulatory clarity.

Visa invests in London-based stablecoin payment startup BVNK through its Visa Ventures arm, marking another step in its growing involvement in crypto. Payments behemoth Visa has invested in BVNK, a London-based startup focused on stablecoin payment infrastructure, signaling continued interest in digital asset innovation. According to a May 7 BVNK announcement, the startup “secured a strategic investment from Visa through their Visa Ventures arm.” Furthermore, while the company does not explain fully what it entails, it refers to the investment as “more than capital” and describes it as a partnership. The company’s CEO, Jesse Hemson-Struthers, wrote: Rubail Birwadker, head of products and partnerships at Visa, explained that “stablecoins are fast becoming a part of global payment flows.” He said that Visa invests in new technologies and builders, such as BVNK, who are involved in “what’s next in commerce to better serve our clients and partners.” Read more

Bitcoin ETFs now rank among top 6 U.S. fund flows despite modest returns, with analysts predicting triple gold's AUM within 5 years.

Sui (SUI) joined Litecoin (LTC) as a top performer, gaining 3.9%.

Bitcoin is facing strong resistance at the $97K level, highlighting an ongoing battle between buyers and sellers. However, current price action suggests a potential corrective phase before any decisive breakout. Technical Analysis The Daily Chart Bitcoin has continued its impulsive surge after breaking above the crucial $90K threshold, reaching the $97K resistance region. However, the […]

Q1 2025 was a volatile quarter with many ups and downs. By sourcing onchain data, Coinbase's CEX volume data, and relying on a few assumptions we attempt to project Coinbase's Q1 2025 revenue numbers. Our insight brings us to an emerging trend that is a direct input to one of the largest drivers of quarterly net revenues for the company.

Vopni will be responsible for overseeing and executing the firm's institutional strategy.

At the Blockchain Baddies event during Token2049 in Dubai, women in Web3 shared how clarity, education and community are key to attracting more women into crypto. In an industry filled with complexity, jargon and mistrust, women in Web3 say that the way to attract more women into the crypto space starts with clarity, education and community.  At the Blockchain Baddies side event during Token2049 in Dubai, women shared personal experiences of entering the Web3 world and why they believe more female participation is essential for the future of crypto. In interviews with Cointelegraph, community members said the path forward begins with simplifying technical concepts and fostering environments where women can learn and grow. Read more

Donald Trump-backed USD1 stablecoin saw its market cap rise from $128 million to above $2 billion days before MGX’s $2 billion investment announcement by Eric Trump. USD1, the US dollar stablecoin launched by the President Donald Trump-backed World Liberty Financial (WLFI), has become the seventh-largest stablecoin worldwide in just two months since its launch. WLFI’s snapshot vote for a USD1 airdrop proposal is underway, and USD1’s market capitalization has continued to climb. Launched in early March with a $3.5 million supply, USD1 has expanded into a market cap of $2.2 billion at the time of writing, leaving rival stablecoins First Digital USD (FDUSD), PayPal USD (PYUSD) and Tether Gold (XAUT) behind, according to data from CoinGecko. Read more

The small Himalayan country has adopted strongly pro-crypto policies in recent years, stockpiling Bitcoin for a national reserve.

On-chain data reveals rising confidence among both long- and short-term holders, with $99.9K flagged as a potential profit-taking zone.

In crypto news today: Crypto market is green today Movement Labs Announces Move Industries, Terminates Co-Founder Rushi Manche AltNovel and 3iQ Launch the Middle East’s First Multi-Strategy Digital Assets Fund Ledger Expands Integration with Transak Off-Ramp The post What’s Happening in Crypto Today? Daily Crypto News Digest appeared first on Cryptonews.

The deal follows BVNK's $50 million fundraising round that included Haun Ventures, Coinbase Ventures and Tiger Global.

Diversified Energy is under fire for reportedly walking away from a natural gas-powered crypto mining site in Pennsylvania without plugging wells. Cryptocurrency miner Diversified Energy quietly vacated a natural gas-powered crypto mining site in Elk County, Pennsylvania, reportedly leaving behind unplugged wells and regulatory violations. The site, known as Longhorn Pad A, was revived in 2022 after sitting dormant for nearly a decade when Diversified began using it to fuel on-site generators powering cryptocurrency mining computers, according to a report by the Erie Times-News. Per the report, the operation was launched without obtaining an air quality permit from the Pennsylvania Department of Environmental Protection (DEP). Read more

Key bearish indicators recently trapped bears on the wrong side of the market in a pattern observed in August-September 2024.