Crypto

Panama City Mayor Mayer Mizrachi stirred speculation about a possible Bitcoin reserve after a cryptic post on his official X account on May 16. In the post, Mizrachi wrote: “Bitcoin reserve.” The cryptic post followed his meeting with Max Keiser and Stacy Herbert, two of the key architects behind El Salvador’s Bitcoin policy. Keiser currently […] The post Panama City mayor hints at Bitcoin reserve following meeting with El Salvador advisors appeared first on CryptoSlate.

The GENIUS Act's failure to move to a full vote is "a bump in the road" and it will pass "in the next few weeks," says Cody Carbone, CEO of the Washington, DC,-based advocacy group. The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association and advocacy group. Speaking to Cointelegraph at Consensus 2025, Carbone argued it is in the best interests of the US to pass comprehensive stablecoin regulations to protect US dollar hegemony in global markets, which has bipartisan appeal and support. Carbone said: The Guiding and Establishing National Innovation in U.S. Stablecoins of 2025, or GENIUS Act, is seen as a critical piece of legislation. Failing to pass comprehensive regulatory reform before the midterm elections in 2026 could mean a reversal in the positive regulatory environment and a downturn in the crypto markets. Read more

Pi Network ($PI) may be cooling off from a recent rally, but several key announcements are likely to push its price up to $2.50 by summer. On Wednesday, the Pi community announced a major ecosystem update Wednesday, which could fuel the next leg of the rally. The Pi Network Ventures initiative, which has $100 million […] The post Pi Network Price Prediction: Is PI About to Pump As Founder Takes the Stage at Consensus, Big Announcements Coming?  appeared first on Cryptonews.

A meeting was held with Minister of the Interior Bruno Retailleau, Director General of the National Police and Gendarmerie and industry representatives.

The Bitget price has jumped by 7% in the past 24 hours, but will yesterday's Coinbase hack send its price even higher this weekend? The post Bitget Price Prediction: Bitget Token Pumps Above $5 On Coinbase Hack News, What’s Next? appeared first on Cryptonews.

WIF and PI are among the top gainers in the past week as reports for an upcoming altseason get traction.

Sen. Richard Blumenthal had written letters to Trump-affiliated executives, asking about their businesses, and WLFI called some of his assertions inaccurate.

In Part 3 of our DePIN Tokenomics series, we dissect the structural drivers shaping valuations across DePIN protocols. By comparing Digital Resource Networks (DRNs) and Physical Resource Networks (PRNs), we explore how fundamentals like revenue generation, capital intensity, and scalability models contribute to valuation gaps between the two categories. However, our analysis reveals that liquidity access, particularly via major centralized exchange listing, often plays an even more decisive role, driving valuation premiums that cannot be fully explained by fundamentals alone. This report provides a framework for understanding how these dynamics interact and offers key insights for founders and investors navigating the evolving DePIN landscape.

In an interview ahead of Consensus 2025 in Toronto, Cook said the fitness app is seeing strong growth in Africa and Southeast Asia.

AUSTRAC has fined Melbourne-based crypto exchange Cointree A$75,120 for submitting suspicious matter reports late, saying the delay has hindered investigators tracing criminal funds. The case reflects Australia’s drive to shutter inactive exchanges and reinforce anti-money-laundering controls. The post AUSTRAC Slaps Cointree with $48K Fine for Late SMRs – Who’s Next? appeared first on Cryptonews.

The woman, identified only as “A,” was convicted on May 15 of embezzlement and fraud for stealing $488,000, 683 million won, in crypto.

Bitcoin is making traders wait even longer for a move out of its current range — but not everyone thinks that new all-time highs are a sure bet next. Key points: Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction. Price discovery is keenly awaited, but downside predictions include levels further toward $90,000. Read more

Banks are rapidly pivoting away from past practices of shunning crypto businesses to consider upgrading their payments infrastructure using stablecoins, eyeing them as the next frontier for payment innovation. Opinion by: Megan Knab, CEO, Franklin Payroll There are few historical examples of such a massive about-face for an industry, from banks debanking crypto businesses to now embracing stablecoins. If you talk to most crypto startup founders or companies with crypto on the balance sheet, they will all have war stories about finding, applying for and maintaining bank accounts.  Over the past three years, over half of debanking complaints have been lodged against four American banks — Bank of America, JPMorgan, Wells Fargo and Citibank. Now, as the policies that discriminated against the crypto industry, like “Operation Chokepoint 2.0” and the recision of controversial accounting rule SAB 121, have been repealed, a new openness to blockchain technology from the finance sector is possible.  Read more

As investors look for the next major AI-driven token, Nexchain (NEX) seems to be frequently referenced with Bittensor’s TAO. While Bittensor gained news for pioneering decentralized AI networks, Nexchain provides a fully functional Layer-1 infrastructure powered by artificial intelligence. With TAO lately withdrawing from critical support, some experienced traders are moving to presale cryptocurrency alternatives […]

Fidelity Director of Global Macro Jurrien Timmer today highlighted that Bitcoin reclaiming the $100,000 level this week coincides with a convergence of its 52-week Sharpe ratio with gold. Timmer said, After a strong run by gold, perhaps the baton is being passed again to Bitcoin, with Bitcoin back above $100k and the two Sharpe Ratios […] The post Fidelity macro director recommends 4:1 Gold, Bitcoin store of value holdings appeared first on CryptoSlate.

Galaxy Digital shares started trading on Nasdaq today, but the listing will have to jostle for the crypto sphere's attention.

The country’s first deputy chairman of its committee on finance told local media he plans to submit a new bill “in the near future."

The Blade and Foundation screenwriter is turning to blockchain and AI to build a community-driven sci-fi franchise, backed by Web3 startup Story Protocol.

With Tether stepping back and BitGo stepping up, MiCA’s rollout is already redrawing crypto’s playing field in Europe. Here’s what’s happening, and what comes next. The European Union’s Markets in Crypto-Assets regulation — better known as MiCA — is now in its critical implementation phase. Designed to unify crypto regulation across all 27 EU member states, MiCA promises clarity, consumer protection and long-term market stability. But as implementation begins, cracks are already showing. In this week’s episode of Byte-Sized Insight, we explore the key provisions of MiCA now in force, particularly around stablecoins, and why some of the largest players in the market are refusing to comply. As of January 2025, crypto asset service providers (CASPs) began acquiring licenses to operate legally within the EU. A transitional or “grandfathering” period allows existing firms up to 18 months, depending on the member state, to comply. Still, with deadlines approaching, firms are being forced to act quickly. Read more

[PRESS RELEASE – San Francisco, California, May 16th, 2025] Hawkins Was Instrumental in Strategy, Marketing & Communications That Helped Drive Global Adoption of the USDC Stablecoin, Will Play Central Role at Aleo in Shaping Privacy and Security, Pioneering Voice and Policy Engagements The Aleo Network Foundation (Aleo), the leading platform for building private, secure, scalable, […]