Crypto

Senate Republicans are moving to fast-track the first U.S. stablecoin framework despite opposition from banks and crypto firms.

Crypto exchange Kraken reported $472 million in revenue for the first quarter of 2025, reflecting a 19% year-over-year increase. The post Kraken Revenue Hits $472M in Q1 2025 Amid Market Volatility Under Trump appeared first on Cryptonews.

Bitcoin trades at $96,881 ahead of U.S. jobs data. A weak NFP print could fuel rate cut bets and trigger another breakout above $97K for BTC traders. The post Bitcoin Price Prediction: $97K Breakout Ahead if NFP Disappoints? appeared first on Cryptonews.

Riot Platforms reported a sharp revenue increase in the first quarter of 2025, though the company still posted a sizable net loss. The post Riot Platforms Sees Revenue Surge in Q1 Despite Losses Amid AI Pivot appeared first on Cryptonews.

The Huione Group serves as a “critical node for laundering proceeds of cyber heists” carried out by the infamous North Korean Lazarus Group. The post FinCEN Issues Action to “Sever” Cambodia-Based Huione Group Over Crypto Laundering Ties appeared first on Cryptonews.

Playtron is gearing up to launch a Sui stablecoin custom-built for gaming in its handheld ecosystem, including the SuiPlay0X1.

XRP's chances for an ETF approval have risen to 79% on Polymarket.

The SEC moved to drop its lawsuit against crypto influencer Ian Balina, who was charged in 2022 for promoting unregistered SPRK tokens in an ICO. The post SEC Moves to Drop Case Against Crypto Influencer Ian Balina appeared first on Cryptonews.

Friday has arrived again, and that means another batch of Bitcoin and Ethereum options are due to expire, while spot markets remain mostly sideways.  

Dogecoin, in particular, has seen a notable spike in online discussions as various ETF applications are being considered in the US, says Santiment's Brian Quinlivan. Online discussions about memecoins have hit a year-to-date high, gaining considerable attention after sentiment cooled earlier in the year, according to onchain analytics platform Santiment.  Two weeks ago, discussions around Bitcoin (BTC) and layer-1 protocols peaked during the market volatility brought on by the Trump administration’s sweeping tariffs. However, that’s since shifted to high market cap memecoins, Santiment marketing director Brian Quinlivan said in a May 1 blog post. “Online discussions about these high-risk tokens have proliferated as traders embrace a gamble mindset, rather than a calculated investment approach,” he said. Read more

Bitcoin has reclaimed bullish control after breaking through a major resistance at $95K. However, all eyes are now on the looming psychological barrier at $100K, a critical level that could either trigger profit-taking or act as a springboard toward new all-time highs. Technical Analysis By ShayanMarkets The Daily Chart BTC’s recent breakout above the decisive […]

Movement Labs suspends co-founder after 66M MOVE token dump triggers audit, Binance freeze, and Coinbase delisting.

The XRP (XRP) price could be in trouble, as Franklin Templeton’s XRP ETF application gets delayed, and analysts suggest approval may have to wait until October. The post XRP Price Prediction: Franklin Templeton ETF Hits Worrying Roadblock – What Happens Next? appeared first on Cryptonews.

Bitcoin miner Riot Platforms posted a loss in Q1 2025 despite reaching a new quarterly revenue record. Bitcoin miner Riot Platforms reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same period last year amid efforts to expand its facilities. “We achieved a new record for quarterly revenue this quarter, at $161.4 million,” Riot CEO Jason Les said in a May 1 report for its first quarter 2025 earnings. The company just surpassed Wall Street estimates of $159.79 million by 1%. Riot’s Q1 revenue was a 50% jump compared to the same quarter a year ago. Read more

But bettors are skeptical that a trade deal can be reached before June.

The Solana (SOL) price could be setting up for a major short-term rally, with bulls eyeing a retest of the record highs printed near $300 earlier this year, 2x above current levels. The post Solana Price Prediction: 2x Rally to ATHs Possible Amid Rising ETF Hype appeared first on Cryptonews.

The US Treasury has proposed cutting the Huione Group's access to the US banking system, accusing it of being involved in laundering crypto. The US Treasury Department is seeking to bar the Cambodia-based Huione Group from accessing the American banking system, accusing the company of helping North Korea’s state-sponsored Lazarus Group launder cryptocurrency. The Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed on May 1 to prohibit US financial institutions from opening or maintaining correspondent or payable-through accounts for or on behalf of the Huione Group. Huione Group has established itself as the “marketplace of choice for malicious cyber actors” like the Lazarus Group, who have “stolen billions of dollars from everyday Americans,” US Treasury Secretary Scott Bessent said in a May 1 statement. Read more

The Financial watchdog proposed severing the Cambodian conglomerate from the U.S. banking system, citing its links to North Korea.

The SEC is looking to drop its unregistered securities offering lawsuit against crypto YouTuber Ian Balina in the agency’s latest move to wind back its crypto enforcement. The US Securities and Exchange Commission has filed to drop another of its crypto lawsuits, this time its unregistered securities sales case against crypto influencer and YouTuber Ian Balina.  The SEC said in a May 1 joint stipulation with Balina to an Austin federal court that it “believes the dismissal of this case is appropriate,” citing the work of the agency’s Crypto Task Force. The agency didn’t give a reason for wanting to dismiss its case, but said its decision “does not necessarily reflect the Commission’s position on any other case.” Read more

Movement Labs suspended co-founder Rushi Manche following a third-party review of governance and recent issues related to a market maker and the MOVE token. The post Movement Labs Suspends Co-Founder After Suspicious MOVE Token Activity appeared first on Cryptonews.