Crypto

Anthony Scaramucci says a “million dollar Bitcoin” will come down to a SWF saying, “Ok, this is part of the infrastructure of the world’s financial services.” Sovereign Wealth Funds are already gaining exposure to Bitcoin, but significant allocations won’t happen until the United States establishes clearer regulations for the digital assets industry, says SkyBridge founder Anthony Scaramucci. “I think they are buying it, I think they are buying it on the margin,” Scaramucci, former White House director of communications during US President Donald Trump’s first term, said on Anthony Pompliano’s podcast on May 8. “I don’t think it is going to be a gigantic groundswell of buying until we greenlight legislation in the United States,” he added. Scaramucci previously said in a February interview with the Financial Times that he expects the US government to propose crypto legislation in November. Read more

Michael Saylor says those “less committed” to Bitcoin took the opportunity to exit the market after Bitcoin’s price surged. Strategy founder Michael Saylor says Bitcoin hasn’t reached $150,000 yet because holders without a long-term outlook have been selling off while a new cohort of investors are beginning to enter the market. “I think we’re going through a rotation right now,” Saylor said on the Coin Stories podcast with Natalie Brunell on May 9. Saylor said, “Lots of non-economically interested parties are rotating out of the asset.” However, at the same time, “a new cohort of investors are entering.” Read more

Ethereum price catches a bid as regulatory and investor sentiment shift in ETH’s favor. Key takeaways: ETH price rallied by 22% on May 8, but demand for spot ETH ETFs and derivatives remains muted.  President Trump’s reversal on certain altcoins aligns with ETH’s renewed outlook.  Read more

VIRTUAL has surged by 17.5% today, yet interest from whales could send the AI token much higher in the next few weeks. The post Is VIRTUAL the Next AI Mega Coin? 200% Rally + Whale Inflows Signal More Upside (Price Prediction) appeared first on Cryptonews.

PumpSwap, the DEX launched by Solana-based memecoin factory Pump.fun, has hit $100 million in total value locked (TVL), marking a new milestone just 50 days after its debut. The record comes amid a broader resurgence in memecoin trading, defying recent predictions of the sector’s collapse after its meteoric growth fizzled out earlier this year. Volume […] The post PumpSwap hits $100M in TVL as memecoin launchpads see resurgence appeared first on CryptoSlate.

Gemini has obtained a MiFID II license from Malta’s regulator, giving it EU-wide access to offer perpetual futures and other crypto derivatives. The exchange has also said it has been pursuing a MiCA license to widen services while competitors Coinbase and Kraken expand through major acquisitions. The post Gemini Bags Malta MiFID License, Eyes EU-Wide Crypto Perps Rollout appeared first on Cryptonews.

Coinbase has launched 24/7 CFTC-regulated Bitcoin and Ethereum futures via Coinbase Derivatives LLC, the first such offering in the US. Cleared by Nodal Clear and backed by Virtu, ABN AMRO and Wedbush, the move follows its $2.9bn Deribit purchase and precedes planned perpetual contracts. The post Coinbase’s $2.9B Deribit Buy Unleashes 24/7 U.S.-Regulated BTC & ETH Futures appeared first on Cryptonews.

$614.9 billion—that’s where blockchain gaming revenue is now forecast to land by 2030 after AI agents began running wallets, cutting trades, and even bluffing at on-chain poker tables this week. Recent data shows that the global blockchain gaming market size was valued at $128.62 billion in 2022.While this growth is impressive, on-chain games still primarily […] The post AI Agents Set to Spark $615B Boom in Blockchain Gaming Engagement appeared first on Cryptonews.

Ethereum is up 30% over the last 48 hours, beating Bitcoin after crypto markets rallied on broader macroeconomic conditions.

Following an anticipated airdrop, the DOOD token’s market capitalization declined by roughly 40% on May 9, according to DEX Screener. The newly launched DOOD token from Ethereum-based NFT project Doodles has seen a steep drop in market capitalization following its May 9 airdrop on the Solana network. According to data from DEX Screener, DOOD’s market cap fell from over $100 million shortly after launch to around $60 million at the time of writing. Overall, the much-anticipated airdrop was “[d]efinitely underwhelming,” a crypto commentator said in a May 9 X post.  Read more

Taiwanese Lawmaker Ko Ju-Chun has urged the government at the National Finance Conference on May 9 to add Bitcoin to national reserves, suggesting a 5% allocation as a hedge against currency volatility and potential conflict, while Taiwan’s FSC advances draft rules for virtual asset oversight. The post Taiwanese Lawmaker Warns Reserves at Risk – Should Taiwan Hold Bitcoin Now? appeared first on Cryptonews.

SOL price rallied as large liquidity inflows and a boost in Solana’s DeFi activity surged. Key Takeaways: Solana's 15% surge and potential close above the 50-week EMA signal strong bullish momentum, which previously led to a 515% rally in 2024. The $120 million in liquidity bridged to Solana reflects growing network confidence. Read more

Michelle Bond says federal prosecutors have used stealth and deception to persuade her husband, former FTX executive Ryan Salame, to plead guilty, asserting they have not upheld an understanding that she would be spared campaign-finance charges stemming from her 2022 congressional bid. The post Michelle Bond Alleges ‘Stealth and Deception’ in Prosecutors’ 7-Year FTX Plea Deal appeared first on Cryptonews.

Ark Invest CEO Cathie Wood said the US economy is transitioning out of a prolonged “rolling recession” and entering a new era of productivity-led growth, powered by advances in AI, digital assets, and automation. After nearly three years of sector-specific slowdowns triggered by tighter monetary policy, Wood now sees signs of economic stabilization and renewed […] The post Cathie Wood predicts AI and Bitcoin to drive new phase of US economic growth appeared first on CryptoSlate.

Things continue to not look so great for publicly traded Bitcoin miners. But look on the bright side: guess who's back with another stablecoin (maybe)?

Staking for Ether ETFs has been a hot topic in 2025, with Grayscale and Fidelity both filing for rule changes that would allow this functionality. Wall Street giant BlackRock met with the Securities and Exchange Commission (SEC) Crypto Task Force to discuss staking within crypto exchange-traded products (ETPs) and tokenization of securities. The discussion could advance institutional interest in the crypto industry. According to a May 9 memo published by the task force, BlackRock sought to “[d]iscuss perspectives on treatment of staking, including considerations for facilitating ETPs with staking capabilities.” The company has previously said that Ether (ETH) exchange-traded funds, while successful, are less perfect without staking. Other crypto ETF issuers share that view. On Feb. 15, the New York Stock Exchange proposed a rule change to introduce staking services for Grayscale’s spot Ether ETFs. In April, the SEC delayed a decision on whether to approve or disapprove the rule change. BlackRock and Grayscale...

Prosecutors had sought 20 years, citing Mashinsky's $48M personal profits and unrepentant attitude toward defrauding retail investors.

Vice President JD Vance will speak at Bitcoin 2025 in Las Vegas later this month, one year after President Trump headlined in Nashville.

The vice president disclosed holding up to $500,001 in Bitcoin in August 2024, but seems to have taken a back seat to Donald Trump in pushing crypto policies at the White House. US Vice President JD Vance will speak at the Bitcoin 2025 conference in Las Vegas, roughly a year after then-presidential candidate Donald Trump spoke at the same event. According to a May 9 notice from the event’s organizers, Vance will address conference attendees in person on May 28, making him the first sitting US vice president to speak at a digital asset conference. Trump provided a pre-recorded video of himself from the White House to the organizers of the Digital Asset Summit in March — his first appearance at a crypto event since taking office in January — and spoke in person at the Bitcoin 2024 conference in Nashville while campaigning. Read more

Bitcoin bulls aim to flip the $100,000 level to support, and if they succeed, altcoins could rally. Key points: Bitcoin holding $100,000 as a level of support would confirm the current trend change. Ether leads among altcoins, and DeFi tokens could follow. Read more