Crypto

Pro-crypto United States Congressman Tom Emmer has reintroduced legislation that will bring regulatory clarity to the digital assets industry and service providers.

Myriad's hottest prediction markets ask whether Bitcoin will eclipse $115K this weekend, along with Coinbase and box office guesses.

Jacob Irwin-Cline said that he doubts he will ever recover the stolen crypto, which represents his life savings. An American tourist in the United Kingdom was reportedly drugged by an individual posing as a taxi driver, who stole the tourist's $123,000 in Bitcoin stored on a cell phone. According to a report from My London, Jacob Irwin-Cline went out to a London bar and had several drinks before calling an Uber to take him home. Cline said that he did not thoroughly check the details of the Uber ride on his phone and left with a random private cab driver resembling the Uber driver at first glance, but driving a different vehicle — a detail Cline would only discover after the incident. Read more

Bitcoin breaks above $111K for the first time, driven by institutional flows and macro volatility. Here’s what could push BTC toward $160K next. The post Bitcoin Price Prediction: New ATH Confirmed — Here’s Where BTC Could Be Headed Next appeared first on Cryptonews.

Senate Minority Leader Chuck Schumer will reportedly back efforts to amend the stablecoin bill to add guardrails against Trump crypto ties. Though a majority of members of the US Senate voted to advance a bill to regulate payment stablecoins on May 20, high-ranking Democrats are planning to propose an amendment to the legislation to address President Donald Trump’s connections to the cryptocurrency industry. According to a May 22 Axios report, Senate Minority Leader Chuck Schumer and Senators Elizabeth Warren and Jeff Merkley will file an amendment to the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, to block a US president from profiting from stablecoins. The proposed amendment would come after 18 Democrats sided with Republicans in the Senate in voting to advance the bill on May 20 after it failed a procedural vote on May 8. “Passing the GENIUS Act without our anti-corruption amendment stamps a Congressional seal of approval on Trump selling access and influence to the ...

Both tokens jumped on the news, adding to their already large gains this month.

Active loans across decentralized lending applications climbed to a record $23.723 billion on May 21, based on Token Terminal data. Meanwhile, the DeFi ecosystem’s total value locked (TVL) sits 6.4% below the level recorded on Jan. 31, the day before President Donald Trump formalized his proposed import tariffs.  The surge in outstanding loans extends an […] The post Active DeFi loans hit all-time high at $23.7B as TVL nears pre-tariff levels appeared first on CryptoSlate.

An increase in leverage use and favorable regulatory changes could trigger an XRP rally to $3.50 and above. Key takeaways: The SEC’s decision on a spot XRP ETF could ignite a significant rally. The current $2.2 billion in XRP futures hints at growing institutional investor demand. Read more

Democrats are increasingly zeroing in on the president’s private crypto dealings as a means to critique his second term.

The UK Court of Appeals dismissed a high-profile challenge by BSV Claims Ltd, which sought up to £9 billion in damages from Binance and other exchanges over the 2019 delisting of Bitcoin Satoshi Vision (BSV). BSV Claims, acting on behalf of around 243,000 BSV holders, alleged that coordinated delisting actions by Binance, Kraken, and ShapeShift, […] The post UK Court of Appeals dismisses BSV lawsuit against Binance, others over 2019 delisting appeared first on CryptoSlate.

An influx of participation in the Bitcoin options market rivaled levels seen in late November.

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Ethereum Price Prediction: ETH has gained 5% in 24 h to $2,655 and 63% in a month as volume has jumped 56%. The Pectra upgrade has expanded block capacity, burned fees and tilted supply negative. A bull-flag breakout could lift prices toward $3,600 if $2,850 fails to cap gains. The post Ethereum Rally Is Just Getting Started – Could a $10K Breakout Be Closer Than We Realize? appeared first on Cryptonews.

BNB Chain has overtaken Solana in market value, hitting $96 billion after a 13% monthly climb. Daily transactions have expanded six-fold as fees near $0.11, helped by DeFi demand, USD1 stablecoin inflows and CZ-linked attention. Analysts say clearing $720 could ignite a push toward $800. The post BNB Chain Rockets to $686 as CZ Buzz Fuels Breakout Toward $800 appeared first on Cryptonews.

The Cetus team is working with other stakeholders in the Sui ecosystem to freeze and recover all the stolen funds from the recent hack. Cetus, a decentralized crypto exchange (DEX) built atop the Sui blockchain network, said $162 million of over $220 million stolen in a May 22 hack has been frozen. According to the Cetus team, the DEX is working with the Sui Foundation and other entities within the ecosystem to recover the remainder of the funds. The Sui Foundation also confirmed: The Cetus hack is the latest in a string of such incidents impacting crypto and Web3 in the first half of 2025. Cybersecurity continues to be a major issue in crypto, with many industry executives calling for the sector to police itself and establish more robust defenses or risk increased regulatory scrutiny. Read more

Community outrage forced Synthetix to scrap $27M Derive acquisition, with concerns including token dilution and the sUSD depeg

Congressmen Tom Emmer and Ritchie Torres have reintroduced the Blockchain Regulatory Certainty Act, arguing that non-custodial crypto services—wallet developers, miners and validators—should not be labelled money transmitters, a stance backers believe will discourage firms from leaving the U.S. The post Blockchain Regulatory Certainty Act Returns to Exempt Wallets, Miners From Money-Transmitter Rules appeared first on Cryptonews.

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Volatility Shares began trading the first US-based exchange-traded funds (ETFs) linked to XRP futures on May 22, according to an official announcement. The funds, XRPI and XRPT, track XRP futures contracts and are listed on Nasdaq. XRPI offers one-to-one exposure to XRP’s daily performance, while XRPT aims to deliver double the digital asset’s daily movement, […] The post Volatility Shares debuts first 1x XRP futures ETF for US investors appeared first on CryptoSlate.

Kraken has moved beyond crypto by introducing more than 50 tokenized U.S. stocks and ETFs for non-U.S. traders. Issued on Solana and redeemable for cash linked to real shares, the ‘xStocks’ have shown how 24/7 settlement could reshape market hours and push regulators to clarify oversight. The post Kraken Debuts 50+ Tokenized U.S. Stocks for 24/7 Trading – Americans Excluded appeared first on Cryptonews.