Crypto

Discussions around the personal enrichment and potential conflict of interest arising from U.S. President Donald Trump’s crypto asset ventures gained steam over the past week. These concerns are slowing not only the progress of the stablecoin legislation but also broader crypto policy. The founder of fintech venture capital fund Launchpad Capital, Ryan Gilbert, told CNBC: “It’s […] The post Concerns over Trump’s conflict of interest are slowing the progress of broader crypto policy appeared first on CryptoSlate.

"Many things discussed, much agreed to," said President Trump of today's trade negotiations with China.

Former UFC champ Conor McGregor, now a presidential candidate in Ireland, has proposed creating a national Bitcoin reserve as part of his campaign. UFC fighter turned Irish political candidate Conor McGregor has endorsed the idea of building a Bitcoin reserve in his country to give more “power back to the people.” “Crypto in it's origin was founded to give power back to the people. An Irish Bitcoin strategic reserve will give power to the people’s money,” McGregor wrote to X on May 9. The former UFC champion said he would discuss his plans in more detail in an upcoming X spaces, prompting responses from some of the Bitcoin industry’s most prominent leaders. Read more

Is the Bitcoin bull run nearly over? Will crypto ever become simple enough for normies? Idle chatter at Token2049 revealed plenty about the current state of the space.

The country continues to acquire more Bitcoin for its strategic reserve and has embraced technical innovation to fuel economic growth. The government of El Salvador continues stacking Bitcoin (BTC) for its national crypto reserve, despite an ongoing deal with the International Monetary Fund (IMF) stipulating that the Central American country stop using public funds to purchase Bitcoin as one of the conditions for a loan agreement. According to data from the El Salvador Bitcoin Office, the country acquired an additional seven BTC in the last seven days, bringing its total holdings to 6,173 BTC, valued at over $637 million. El Salvador's Bitcoin Office has continued its steady pace of Bitcoin acquisitions months after the IMF agreement was signed and shows no sign of halting its Bitcoin purchases. Read more

Only 97,000 of 7 million analyzed Solana tokens maintained $1,000+ liquidity, showing how few survive the initial pump phase.

A crypto analyst says Bitcoin is on its way to $160,000 or a “crazy number,” Alex Mashinsky gets 12 years jail, and more: Hodler’s Digest The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud.  Mashinskys legal team sought a light sentence. They highlighted his spotless record before the Celsius incident, along with his military service and willingness to plead guilty. But US prosecutors were less inclined to leniency, suggesting on April 28 that the judge deliver a 20-year sentence for his actions. Betting markets predicted a light sentence ahead of the May 8 hearing. Polymarket showed only 11% odds for a 20-year sentence or higher. Read more

According to a Reuters market wrap, world stocks ended the week little‑changed as investors weighed a fresh U.S.–U.K. tariff deal and this weekend’s high‑stakes meeting between Washington and Beijing trade officials. Stocks tread water on tariff suspense MSCI’s all‑country equity index inched up just 0.11% to 846.80, trimming a 0.3% weekly loss. Europe’s STOXX 600 added 0.44%, while […] The post Global markets steady as US-China trade talks loom, Bitcoin hits $103k appeared first on CryptoSlate.

The BSV network has faced numerous delistings, 51% attacks, and a long-term price decline as the altcoin struggles to gain traction. Investors of Bitcoin Satoshi's Vision (BSV) — a hard fork of Bitcoin Cash (BCH), which itself is a hard fork of the Bitcoin (BTC) protocol, are attempting to revive a 2019 lawsuit against crypto exchange Binance for delisting the altcoin, which the litigants claim stunted the price of BSV.   According to Law360, attorneys for the plaintiffs argued that a July 2024 decision from the UK Competition Appeal Tribunal dismissing the "loss of chance" claim made against Binance for delisting the token, should be reconsidered. The litigants demanded $9 billion in damages, in the original case. The investors continue to claim that Binance's 2019 delisting of BSV and similar major exchange delistings are the primary drivers of BSV's long-term price decline and its failure to attract the investor attention enjoyed by Bitcoin. Read more

The following is a guest post and opinion of Dr. Benjamin Beckmann, CTO at Midnight. Blockchain technology leaves us far more exposed than you might realize – certainly more exposed than the traditional financial system does. Take the example of buying a cup of coffee. In the traditional financial system, the transaction is simple: you […] The post Web3 as we know it isn’t the solution to user empowerment – it actually made things worse appeared first on CryptoSlate.

UK multinational bank Standard Chartered recently predicted a $2,775 price for BNB by 2028. Meanwhile, major fund manager VanEck filed for the first BNB ETF in the US.

Institutional buying is changing Bitcoin market dynamics as large, organized entities gobble up newly mined Bitcoin supply. Strategy, a Bitcoin (BTC) treasury company, is accumulating Bitcoin at a faster rate than total miner output, giving the supply-capped asset a -2.33% annual deflation rate, according to CryptoQuant CEO and market analyst Ki Young Ju. "Their 555,000 BTC is illiquid with no plans to sell," the analyst wrote in a May 10 X post. "Strategy's holdings alone mean a -2.23% annual deflation rate — likely higher with other stable institutional holders," Ju continued. Michael Saylor, the co-founder of Strategy, is an outspoken Bitcoin advocate who evangelizes the scarce digital currency to potential investors and has inspired many other companies to adopt a Bitcoin treasury plan. Read more

Bitcoin SV (BSV) investors seek to restore a claim in a UK case that would allow them to seek the highest potential penalty against Binance.

Proposal comes as ETH surges 30% on Pectra upgrade, boosting attention on Ethereum-native protocols.

Good news for the big brains out there: a new study links mammalian lifespans to immune-related gene expansions across 46 mammal species.

The following is a guest post and opinion of Samuel Pearton, CMO at Polyhedra. Reliability remains a mirage in the ever-expanding realm of AI models, affecting mainstream AI adoption in critical sectors like healthcare and finance. AI model audits are essential in restoring reliability within the AI industry, helping regulators, developers, and users enhance accountability […] The post AI model audits need a ‘trust, but verify’ approach to enhance reliability appeared first on CryptoSlate.

XRP has actually underperformed against the likes of ETH, DOGE, SOL, and others.

DOGE is among the top performers from the largest 100 alts today.

While Bitcoin occasionally decouples from equities during short windows, researchers found no sustained inverse relationship.

Bitcoin eyes $105K as weekly gains hit 7.6%. Institutional buys and trade talks fuel BTC rally. Will it hit a new high before June? The post Bitcoin Price Prediction: At $103,688 BTC Shows Unstoppable Weekly Growth of 7.6% – Could We See a New All-Time High Before June? appeared first on Cryptonews.