Crypto

Tether has posted Q1 2025 profit above $1 billion, backed by $120 billion in U.S. Treasuries and gold gains. Assets exceed liabilities by $5.6 billion. USDT supply has added $7 billion and 46 million wallets. The issuer has obtained licensing in El Salvador and outlined a planned U.S.-focused token. The post Tether Rakes in Record $1B Q1 Profit—46M Wallet Surge Fuels $120B Treasury Bet appeared first on Cryptonews.

Some of crypto’s top influencers can score a potentially hefty Solana token airdrop—if they're willing to launch their own token.

UK Fintech leaders warn the country could lose its edge as slow licensing, unresolved stablecoin guidance and limited pension fund backing have impeded startups. Coinbase and Ripple say firms have redirected product development and fundraising to the EU, Singapore and the US. The post UK Fintech Losing Spark as Crypto Heavyweights Seek Faster Shores appeared first on Cryptonews.

Strategy missed Wall Street estimates on its top and bottom line for the first quarter of 2025, but reported it made a yield of 13.7% on its vast Bitcoin holdings. Update (May 1, 11:35 pm UTC): This article has been updated to add Strategy’s revenue, net loss and analyst estimates. Michael Saylor's Bitcoin-buying firm Strategy, formerly MicroStrategy, has reported earning a year-to-date yield of 13.7% on its Bitcoin holdings as it missed Wall Street's first-quarter estimates. The company said in its May 1 earnings statement that its year-to-date Bitcoin (BTC) yield equates to a gain of more than 61,000 BTC, worth approximately $5.8 billion. Bitcoin yield and gain are unofficial accounting metrics Strategy uses to benchmark the success of its BTC buys.  Read more

RiskReversal principal and RiskReversal Media co-founder Dan Nathan said on CNBC Wednesday that U.S. President Donald Trump’s crypto ventures are akin to a “Ponzi scheme.”Dan Nathan Shares His Take When asked by “The 11th Hour” host Stephanie Ruhle about the ethics tied to the Trump-affiliated crypto platform World Liberty Financial, Nathan didn’t hold back.“The big […] The post ‘Perfect Ponzi’: Dan Nathan Warns Trump Crypto Could Collapse Under Scrutiny appeared first on Cryptonews.

Rep. Lance Gooden requested that the General Services Administration explore installing cryptocurrency ATMs, citing Donald Trump's crypto "vision." A Texas member of the US House of Representatives has proposed that government officials consider installing cryptocurrency ATMs in federal buildings across the country. In a May 1 letter to Stephen Ehikian, the acting administrator of the General Services Administration (GSA) — the entity responsible for managing the US government’s properties — Rep. Lance Gooden claimed that introducing crypto ATMs to federal buildings would serve as an “educational resource” and reflect advances in financial technology. He requested that the GSA begin exploring the necessary guidelines and regulations needed to install such ATMs in government-controlled properties across the US, citing alignment with President Donald Trump’s goals. Read more

The largest corporate Bitcoin owner is doubling down, with Strategy aiming to raise another $21 billion to buy BTC despite Q1 losses.

A modest 1% allocation to Dogecoin (DOGE) could significantly improve portfolio returns without meaningfully increasing risk, according to a new analysis by crypto investment firm 21Shares. In its April report, the firm evaluated how Dogecoin performs when added to a Bitcoin-enhanced growth strategy. Stress-tested portfolios The firm’s portfolio stress-testing showed that the baseline portfolio, a […] The post 21Shares highlights Dogecoin’s role in diversified, high-return investment portfolios appeared first on CryptoSlate.

The judge overseeing Eisenberg's case said he was considering approving a retrial on fraud charges for the Mango Markets theft.

Bitcoin has emerged as the only 'true hedge' against geopolitical risk, Animoca Brands' co-founder said at Cointelegraph's LONGITUDE event in Dubai. Retail investors are running out of time to accumulate Bitcoin as institutional adoption accelerates, according to Sergej Kunz, co-founder of exchange aggregator 1inch. Bitcoin (BTC) is evolving into an alternative reserve currency, propelling institutional demand and potentially pricing out retail investors, Kunz said during Cointelegraph's LONGITUDE event in Dubai.  "Every retail user should be thinking about getting at least one Bitcoin — very soon they won’t be able to afford it,” Kunz said.  Read more

The company boosted its BTC Yield target to 25% from 15% and its BTC $ Gain Target to $15 billion from $10 billion.

Follow what's happening on Myriad Markets' most popular prediction markets, from Strategy’s Bitcoin buys to rate cuts and beyond.

Algorithmic trading firm Two Prime formally dropped its exposure to Ethereum (ETH), stating that ETH now trades as a memecoin rather than a predictable asset. According to CEO Alexander Blume, the firm will now exclusively manage and lend against Bitcoin (BTC). He added that the firm believes that Bitcoin is the only digital asset that […] The post Two Prime drops Ethereum, labeling it a memecoin amid waning institutional interest appeared first on CryptoSlate.

Dogecoin Whale accumulation of 100M tokens this week has coincided with a 15% price rebound and bullish research from ETP issuer 21Shares, which has projected values from $0.38 to $1.42 by 2025, depending on adoption. Analysts say clearing $0.20 remains key after resistance at $0.1920. The post Dogecoin Whales Scoop Up 100M DOGE in a Week, Fueling $0.20 Breakout Hopes appeared first on Cryptonews.

The original cryptocurrency turned higher after Meta and Microsoft notched better-than-expected earnings results.

Veteran trader Peter Brandt says Bitcoin price could rally to $150,000 by summer if it can “regain the broken parabolic slope.” Key takeaways: Bitcoin could reach $150,000 by August or September of this year if BTC breaks above the parabolic slope pattern. Bitcoin (BTC) price jumped to new quarterly highs at $96,700 on May 1, a day after the US GDP contracted -0.3% for the first time since Q2 2022. Amid heightened economic concerns, the probability of a Federal Reserve interest rate cut rose to 62.8% for the June 18 Federal Reserve meeting. Read more

The two assets have had inverse-correlated ETF flows on four different days in the last week.

The SEC subpoenaed PayPal in late 2023 over its dollar-backed stablecoin.

Cointelegraph’s LONGITUDE Dubai edition brought together executives from Polygon and Near Protocol to explore the intersection of AI and blockchain. Cryptocurrency can accelerate artificial intelligence adoption by helping AI startups onboard users, according to Polygon's co-founder Sandeep Nailwal. “You can use crypto incentives and disincentives to onboard users to onboard the ecosystem players,” Nailwal said during a panel discussion at the LONGITUDE by Cointelegraph event. He added that projects with effective onchain incentive structures might even “build a better AI because you have this incentive engine that brings in developers,” Nailwal said on May 1. Read more

A structural reset is underway across Bitcoin’s (BTC) on-chain metrics, with several key indicators returning to historical equilibrium levels, signaling a broad flush of speculative excess.  A recent Glassnode report noted that the adjustment is evident in metrics such as the MVRV ratio, SOPR, and the Sell-Side Risk Ratio, which now point to reduced investor […] The post Bitcoin market clears speculative froth as on-chain indicators stabilize appeared first on CryptoSlate.