Crypto

Bitcoin fails to claw its way back to $104,000 and higher despite a would-be inflation tailwind and multiple liquidity grabs over the past 24 hours. Key points: Bitcoin fails to capitalize on lower-than-expected US CPI data, seeing a Wall Street sell-off for a second day. Traders see BTC/USD buying time before its next move, and a trip below $100,000 is on the cards. Read more

Bored Ape Yacht Club creator Yuga Labs has transferred the influential CryptoPunks IP to the newly established Infinite Node Foundation.

$PEPE has delivered an 84% gain in three days and stands 92% higher for the month, pushing its capitalisation past $5.9 billion and into the crypto top 25. While derivatives data show profit-taking and lower open interest, a growing holder base suggests retail support could sustain the trend. The post $PEPE Slips 3% After 84% Surge – Will Meme-Coin Mania Push It Higher? appeared first on Cryptonews.

The first-quarter loss is a stark turnaround from the previous quarter, when Sky registered a $31 million profit.

The offering is expected to price after the close of U.S. markets on Tuesday.

The foundation is a nonprofit devoted to "safeguarding internet-native culture." The sale price is undisclosed. Infinite Node Foundation (NODE), a nonprofit focused on digital art, has acquired the intellectual property of the CryptoPunks non-fungible token (NFT) collection from Yuga Labs, NODE said in a May 13 announcement.  The acquisition of CryptoPunks, plus its additional $25 million endowment, establishes NODE as “the most well-capitalized nonprofit dedicated solely to digital art in the United States,” the foundation said in an X post.  The terms of the deal were not disclosed.  Read more

Meme coins have performed quite well in the past month and ai16z has not been the exception. During this period, the token has produced gains of 153.2% as Solana meme coins have faced significant buying pressure.This token, which will eventually be rebranded as ElizaOS, offers access to a decentralized AI trading bot.Its name resembles that […] The post ai16z Price Prediction: Is ai16z on the Road to $1 This Month? appeared first on Cryptonews.

XRP (XRP) has gone up by 3.7% in the past 24 hours and currently stands at $2.54 after the new Chairman of the U.S. Securities and Exchange Commission (SEC) made some positive comments about his plans for the crypto industry. The post XRP Price Forecast: Can Paul Atkins’ Revised Crypto Stance Push XRP to $5? appeared first on Cryptonews.

Robinhood has reached a C$250 million agreement to acquire WonderFi, owner of Bitbuy and Coinsquare with C$2.1 billion in custody. Staff will join Robinhood Crypto, while Toronto hub grows. Closing in H2 2025, the deal strengthens a crypto push centered on Canada. Shareholders will receive C$0.36 cash. The post Robinhood To Acquire WonderFi for $178M at 41% Premium – Canada Crypto Power Play appeared first on Cryptonews.

Crypto falls, BTC acts like safe-haven asset. Coinbase set to join S&P 500, up 8% pre-market. Blackrock files for in-kind redemption on ETH trust. Arizona governor vetoes crypto reserve plans. Legal clarity paramount for tokenization: Pierce. Strategy bought $1.34bn BTC last week. GDC to buy BTC, TRUMP for $300m. Trump-linked ‘American Bitcoin’ to go public. Make New York world’s crypto capital: Adams. SOL DEX volume near 9-week high. SUI goes live broadly on Phantom. Animoca Brands plans to go public in US. SOL founder proposes new cross-chain DA. Dubai taps CryptoCom for crypto payments. Curve website faces DNS hack.

The federal judge overseeing the case has also ordered the government to provide additional information on the hacker's crime before his May 16 sentencing hearing. Defense lawyers have asked a judge to sentence the person responsible for helping post a fake message announcing regulatory approval of Bitcoin exchange-traded funds to roughly a year in prison, countering prosecutors’ request for a two-year sentence. In a May 13 filing in the US District Court for the District of Columbia, Eric Council Jr.’s legal team asked that he be sentenced to no more than one year and one day in prison following his guilty plea. Council was part of a group that took control of the US Securities and Exchange Commission’s (SEC’s) X account in 2024 through a SIM swap attack, posting a message that suggested the regulator had approved spot Bitcoin (BTC) exchange-traded fund listings for the first time. Read more

GFO-X CEO Arnab Sen told Decrypt he’s expecting "meaningful volume growth" in the second half of 2025.

Earn yield with tsUSDe on TON by staking on platforms like STON.fi for liquidity or DeDust for speed, and start earning trading fees and rewards. Looking for a way to earn passive income on your crypto without riding the rollercoaster of volatile coins? TsUSDe (the staked version) on The Open Network (TON) might be the answer. It’s a dollar-pegged stablecoin that earns yield by design, and you can boost those earnings even more by putting it to work on platforms like STON.fi and DeDust. Here’s how it works and how to get started in just a few steps. TsUSDe is a US dollar-backed stablecoin on the TON blockchain. It’s designed to earn a base yield of around 10% APY, paid out in Toncoin (TON). That means just holding it in your wallet earns you rewards — no extra steps needed. Read more

The deal is expected to close in the first half of 2025

BTC hits 3-month high, then pulls back. BTC reaction to US-China deal muted. ETH up 40% in 5 days, leads majors. Altcoin OI up $5bn, suggests ‘top in 2-3 weeks’. BlackRock meets SEC on future plans for crypto. Trump supports bill to buy 1m BTC: Lummis. SWFs buying BTC only on small scale: Scaramucci. Nakamoto to raise $700m to buy BTC. Revised GENIUS Act expands regulatory jurisdiction. Vance to speak at Bitcoin 2025 conference in May. Atkins to deliver keynote speech on asset tokenisation. Brazil stock exchange to launch ETH, SOL futures. Coinbase launches 24/7 BTC, ETH Futures trading. HyperLiquid got ATH inflow last week. ByBit surpasses 70 million users. Lido successfully defends itself against exploit. BTC SV investors try to revive case against Binance. Tidal to launch ETF with paired BTC & Gold.

The government has built a regulatory framework for clearing and settlement together with crypto exchange Bullish.

Bitcoin slips to $102,980 as short liquidations surge past $763 million. What's next for BTC? Key levels and CPI reaction explained. The post Bitcoin Price Prediction: BTC Liquidations Cross $730 Million As Price Drops Below $102K, Is Bitcoin Crashing? appeared first on Cryptonews.

Arizona Governor Katie Hobbs has vetoed SB 1373 and SB 1024—Crypto Bills directing state funds and payments into volatile assets—while approving HB 2749 to seed a Bitcoin reserve with unclaimed crypto and signing HB 2387, tightening fraud limits on Bitcoin ATMs. The post Crypto Bills Vetoed in Arizona; Bitcoin ATMs Hit $2K Cap – Here’s the Risk appeared first on Cryptonews.

Bitcoin’s unique combination of scarcity, decentralization, and portability makes it a powerful long-term hedge against inflation, offering financial resilience in developed and struggling economies. Opinion by: Jupiter Zheng, Partner Liquid Fund at HashKey Capital Whenever Bitcoin falls in value, the narrative is always the same: It’s failing as a hedge against inflation. In the eyes of critics, Bitcoin is not the “digital gold” that so many others claim it to be. With gold hitting all-time highs, these critics have grown louder. If Bitcoin is an inflation hedge, they ask, why isn’t it also rallying as investors seek safety? Read more

Here are some of the latest developments involving Ripple and its cross-border token.