Crypto

Your day-ahead look for May 16, 2025

Ethereum is showing signs of short-term exhaustion after a strong impulsive rally. Although the buyers have managed to break through major resistance levels, the price is currently stalling around a key structure and could be at risk of a local top if momentum fades. Technical Analysis The Daily Chart ETH has decisively broken above the […]

U.S. District Judge Analisa Torres said Thursday that even if she had jurisdiction, she would still deny the motion as “procedurally improper.”

BTC has chalked out a controlled stair-step price rally from $75,000 to $104,000.

Most of the individuals were arrested this week in California.

Grok’s references to “white genocide” drew mockery and memes, fueling speculation over Elon Musk’s influence as xAI blamed a prompt update.

Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback.

Cointree was fined after voluntarily disclosing delays in filing suspicious activity reports, as AUSTRAC intensifies crypto oversight.

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.