Crypto

The latest reserve snapshot shows Binance holds 616,886 BTC, surpassing user balances by more than 12,000 BTC.

Futures have become the leading price discovery vehicles in the crypto markets, and Solana’s YTD tape clearly supports this. After spending most of 2024 unloading risk, taker flows on Solana’s perpetual futures flipped directions in the second half of January. On Jan. 18, the 90‑day cumulative volume delta (CVD) reached a low of −261.75. Since […] The post Solana derivatives flip long for 83 straight days, yet SOL sits nearly 30% below peak appeared first on CryptoSlate.

World Foundation Advisor Liam Horne spoke Wednesday at Consensus 2025.

Adrienne Harris says the financial services regulator she runs takes a “tough but fair" approach to digital asset companies. Adrienne Harris, the head of the New York State Department of Financial Services (NYDFS), said New York has an “outsized role to play” in the crypto ecosystem, particularly in shaping regulatory frameworks for digital assets. During a panel on May 14 at Consensus 2025 in Toronto, she said the NY estate is frequently asked to provide guidance on regulators. “With respect to federal regulation and legislation [...] members of Congress are often coming to us [NYDFS] asking about our process, about our regulations, about guidance, how they should be thinking about legislation,” Harris said. According to Harris, the NYDFS was “unnecessarily tough” and lacked resources in the past. Now, under her purview, she said the NYDFS is “tough but fair,” noting that the digital currency oversight team has since doubled in size. Read more

Shares of the stock and crypto trading platform had priced nicely above their expected offering price.

Stablecoin giant Tether's new QVAC AI platform takes aim at Big Tech and lets agents run independently, transacting in Bitcoin and USDT.

Coinbase CEO Brian Armstrong said the Senate could reconsider a vote on the GENIUS Act "hopefully tomorrow" after it initially failed on May 8. Crypto founders headed to Washington, DC, to meet with lawmakers ahead of another expected vote on a stablecoin bill that initially failed in the Senate, according to Coinbase CEO Brian Armstrong. In a May 14 X post from the US Capitol rotunda, Armstrong said as many as “60 [crypto] founders” had gathered in DC to support the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, being considered in the Senate and a draft of the market structure bill moving through the House of Representatives. The Coinbase CEO said the Senate could consider another vote on the GENIUS Act “hopefully tomorrow” after it failed to get enough support from Democrats on May 8. Read more

Also: Bitcoin DeFi Blossoms, Fusaka Planning Begins, and Telegram Cracks Down on Crypto Crime Marketplace

Hoskinson said being rich lets him ignore VCs and “do [stuff] on principle” like giving away Midnight tokens in a massive multi-chain airdrop to retail users only.

JPMorgan has completed a groundbreaking pilot transaction that bridges traditional finance and blockchain in collaboration with Ondo Finance and Chainlink. According to a May 14 statement, the banking giant’s blockchain unit, Kinexys, successfully executed a cross-chain atomic settlement using Ondo Finance’s tokenized short-term US Treasury product, OUSG. This marks the first time Kinexys has connected its permissioned […] The post JPMorgan bridges blockchain and traditional finance in landmark pilot transaction appeared first on CryptoSlate.

The CEO and founder of the crypto VC firm advised investing in a wide spectrum of tokens and venture equity.

The Blockchain Association has confirmed that CFTC Commissioner Summer Mersinger will leave the regulator on May 30 and assume the CEO role on June 2, replacing Kristin Smith and bringing two decades of Capitol Hill and agency experience to the crypto lobby’s final push for fit-for-purpose legislation. The post Blockchain Association Chooses CFTC’s Summer Mersinger to Lead High-Stakes Crypto Lobbying appeared first on Cryptonews.

Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger will depart the agency on May 30 to become the Blockchain Association’s new CEO, effective June 2, according to a May 14 announcement. The announcement states that Mersinger’s appointment comes at a critical legislative moment for digital assets in Washington, where the Blockchain Association is pushing for […] The post Former front-runner for CFTC chair role resigns to lead Blockchain Association appeared first on CryptoSlate.

The investment firm attributed the surge partly to rising interest in layer-2 networks.

Kazakhstan crypto leaders have outlined plans to relax trading limits, license miners, and pair grid upgrades with foreign investors. Volumes at Astana’s finance centre have risen from $324 m to $1.4 bn, yet 91 % of activity still falls outside oversight, prompting calls for a nationwide framework. The post Kazakhstan Crypto Skyrockets to $1.4B as Nation Targets Central Asia Crypto Dominance appeared first on Cryptonews.

Coinbase and a marketing firm have agreed to pay $2,250,000 to settle a class action lawsuit related to a Dogecoin sweepstakes from 2021.

The new exchange traded fund aims to offer exposure to an array of crypto stocks and financial instruments. VanEck has launched a new actively managed exchange-traded fund (ETF) designed to invest in stocks and financial instruments offering exposure to the digital economy, the asset manager said on May 14. The VanEck Onchain Economy ETF (NODE) is listed on the Cboe exchange and aims to provide investors with broad exposure to companies operating in the blockchain ecosystem, including crypto miners, exchanges, infrastructure providers, and crypto-oriented financial technology platforms, VanEck said in a press release.  The NODE ETF will also “consider any company that has clearly communicated plans to engage in this space, as evidenced through public filings, earnings calls or investor materials,” VanEck said. Read more

Summer Mersinger’s move to the Blockchain Association comes as the CFTC looks poised to become the industry’s chief regulator.

DEK:The congressman said he thinks getting a stablecoin bill and a market structure bill on President Donald Trump’s desk by the August recess is “still doable.”

On-chain data firm CryptoQuant has identified the Bitcoin addresses of listed miners and has derived intra-month revenue for MARA, WULF, RIOT, HIVE, CORZ, CLSK, BITF, CIPHER and IREN. Annualised figures place WULF and MARA on 4.4× revenue multiples, while IREN trades at a discount. The post Bitcoin Miners WULF and MARA Trade at 4× Revenue Premiums, IREN Lags appeared first on Cryptonews.