Crypto

Artificial intelligence search startup Perplexity is reportedly in advanced talks to raise $500 million in a new funding round that would value the company at $14 billion, the Wall Street Journal reported, citing people familiar with the matter. The round is expected to be led by venture capital giant Accel, with continued backing from Nvidia, […] The post AI search startup Perplexity on track for massive $14 billion valuation – WSJ appeared first on CryptoSlate.

Bitcoin sells off after nearly rallying to $106,000, but data suggests the correction will be short-lived. Key takeaways: Possible de-risking ahead of the May 13 CPI print could be playing a role in today’s BTC price correction. Bitcoin market structure and qualitative fundamentals remain bullish, suggesting today’s correction could be short-lived. Read more

New York, New York, 12th May 2025, GamingWire

Crypto might now be in the outsourcing phase of capitalism.

The deal aims to strengthen Anchorage Digital’s role in the institutional stablecoin ecosystem, CEO Nathan McCauley said.

XRP has climbed more than 10% over the past 24 hours to outperform the broader crypto market. According to CryptoSlate data, the token jumped to $2.59, its highest price since March. The surge triggered more than $20 million in liquidations across derivatives platforms, based on Coinglass data. XRP’s open interest rises XRP’s momentum comes amid […] The post XRP outperforms crypto market with 10% jump as open interest surges past $5B appeared first on CryptoSlate.

Stellar has recorded a 38% month-long rally, buoyed by surging transaction counts, sub-cent fees and heavyweight partnerships. Messari data show 3.3 m transfers processed on May 11 for just $4k. Mastercard, MoneyGram and IBM collaborations have reinforced confidence, lifting $XLM past a $10 bn valuation. The post Stellar Jumps 38%, Crushes XRP on Transactions as Bulls Eye $0.50 Breakout appeared first on Cryptonews.

Check out which altcoins the basketball Hall of Famer pays special attention to.

U.S. authorities ordered Pratt and his accomplices to forfeit their Bitcoin in July 2024.

Bitcoin has regained market leadership, rising toward $105K after the US-China tariff cease-fire spurred demand for risk assets. Gold has slipped, while analysts from Coin Bureau and Galxe argue that BTC’s adaptable narrative could push prices to fresh records if macro tailwinds persist. The post Bitcoin Rockets Toward $105K After U.S.-China Tariff Truce – Gold Sinks 3% appeared first on Cryptonews.

The co-founder of Hedera, a speaker at Consensus 2025, says today’s technological advances “will make the Industrial Revolution look minor in comparison.” Interview with Afra Wang.

Publicly traded, AI-powered real estate platform DeFi Development Corp. just hit a notable milestone with its latest Solana purchase.

BitGo has received a MiCA license from Germany’s BaFin, clearing the way for regulated crypto custody and trading services throughout the European Union. The approval reflects Europe’s regulatory head start: 63 banks already serve digital-asset clients, compared with 25 in the United States. The post BitGo Wins EU MiCA License – Can It Outrun Europe’s Top Crypto Custodians? appeared first on Cryptonews.

TuongVy Le, a compliance expert and ex-SEC lawyer, said the rest of the financial industry is likely to migrate into the world overseen by pending regulations.

Stablecoins are increasingly becoming strategic assets, and support dollar dominance, the report said.

The crypto landscape is witnessing a strategic shift as the new Pectra upgrade on Ethereum helps the network’s native $ETH outpace Bitcoin ($BTC), igniting fresh buzz about a utility-focused altcoin revival.Social media analyst Crypto Rover spotlighted ETH’s surge in a tweet today, noting its stronger momentum on BTC. As of Monday, ETH had climbed 0.7% […] The post Ethereum Price Prediction: Did Pectra Boost Confidence in ETH As An Investment? appeared first on Cryptonews.

Pi Network rallied hard in the past week. How high will it go? Key Support levels: $1.4, $1 Key Resistance levels: $1.7, $2 1. Price Explodes In the past week or so, PI’s price has exploded and almost tripled. It went from $0.6 to almost $1.7. A pullback here is likely considering this huge rally […]

Bitcoin touched a four-month high of $105,500 early Monday, but then dipped after the U.S. revealed a partial tariffs pause with China.

Rubic entered 2025 with strong momentum. The platform set new records with $433 million in trading volume and 1.6 million transactions in Q1, up 91% and 144% QoQ, respectively. Growth was led by Monad, and increased activity on Ethereum, Base, Taiko, and Arbitrum One. Despite fluctuations in active addresses, Rubic added over 19,000 new addresses in the quarter on the main application, and over 200,000 addresses on the testnet app. Ongoing integrations across networks, liquidity providers, and API partners continued to expand Rubic’s reach. The RBC token declined alongside the broader market. Its price fell 53% QoQ, as its circulating market cap dropped from $6 million to $2.9 million. A slight increase in circulating supply helped offset the decline in market cap. Still, Rubic’s roadmap offers a clear direction. Chain abstraction, UX upgrades and more developer tools aim to improve access and usability. The platform is positioning itself for long-term growth as crosschain demand increases.

Sonic Labs has completed a $10 million strategic sale of its native S token, with Galaxy as lead investor. The move has deepened Sonic Labs’s U.S. reach and supplied new capital to enhance its high-performance, EVM-compatible blockchain infrastructure, helping bridge traditional finance and DeFi. The post Sonic Labs Secures $10M Galaxy Funding to Turbocharge US DeFi Push appeared first on Cryptonews.