CryptoSlate

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Found 70 news

  • Short squeeze propels Bitcoin past $100,000 with funding rates growing
    CryptoSlate - 01:00 May 13, 2025
    Bitcoin crossed $100,000 last week for the first time since February, powered by a rapid expansion in derivatives activity that set new records for open interest, funding rates, and short liquidations. The move unfolded within a market increasingly reliant on leveraged structures rather than spot-driven flows, setting up a potentially fragile foundation if momentum stalls. […] The post Short squeeze propels Bitcoin past $100,000 with funding rates growing appeared first on CryptoSlate.
    Tags: Bitcoin Short
  • Coinbase makes history with S&P 500 induction, reinforcing crypto’s arrival in mainstream finance
    CryptoSlate - 00:00 May 13, 2025
    Coinbase has become the first and only crypto company to be added to the S&P 500, marking a historic milestone for both the digital asset sector and traditional financial markets. Coinbase CEO Brian Armstrong confirmed the announcement on social media, declaring the company’s inclusion a validation of the industry’s staying power. Armstrong wrote: “Crypto is […] The post Coinbase makes history with S&P 500 induction, reinforcing crypto’s arrival in mainstream finance appeared first on CryptoSlate.
    Tags: Coinbase
  • USDT supply surpasses $150 billion as stablecoins outpace mainstream giants Visa, PayPal
    CryptoSlate - 23:30 May 12, 2025
    Tether USD (USDT) has surpassed $150 billion in circulating supply amid stablecoins averaging over $521 billion in weekly transfer volumes in 2025, The metrics posted by the leading stablecoin are well above the combined weekly volumes of Visa and PayPal, which averaged $319 billion and $32 billion, respectively. Tether described the milestone as the culmination […] The post USDT supply surpasses $150 billion as stablecoins outpace mainstream giants Visa, PayPal appeared first on CryptoSlate.
    Tags: PayPal USDt Visa
  • Senators Warren, Merkley to headline national call opposing Trump’s GENIUS Act
    CryptoSlate - 22:50 May 12, 2025
    Progressive group Our Revolution is mobilizing lawmakers and grassroots members in a national organizing call to stop what it calls an alleged sweeping “crypto power grab” led by President Donald Trump and his congressional allies. According to the press release shared with CryptoSlate, Senators Elizabeth Warren and Jeff Merkley will headline the virtual event on […] The post Senators Warren, Merkley to headline national call opposing Trump’s GENIUS Act appeared first on CryptoSlate.
    Tags: Senators Warren Merkley Trump Genius
  • Bitcoin’s rise above $100K buoyed by institutional inflows and macro tailwinds – Bitfinex
    CryptoSlate - 21:30 May 12, 2025
    Despite Bitcoin (BTC) dropping by 2.5% in the past 24 hours to trade near $101,600 and triggering nearly $200 million in liquidations of open long positions, the latest “Bitfinex Alpha” report highlighted that on-chain metrics remain constructive. The current price action follows a move that saw Bitcoin rally from a recent low near $74,000 to […] The post Bitcoin’s rise above $100K buoyed by institutional inflows and macro tailwinds – Bitfinex appeared first on CryptoSlate.
    Tags: Bitcoin Bitfinex
  • Solana network rebounds with record $35.6 billion DEX volume and 58% TVL surge
    CryptoSlate - 21:00 May 12, 2025
    Solana’s decentralized finance ecosystem is showing renewed strength after a prolonged slowdown, riding the momentum of the broader crypto market rally. Over the past week, the weekly decentralized exchange (DEX) volumes on Solana climbed to $35.6 billion, marking the highest level in over two months. This growth helped push protocol revenue to $25.9 million, according […] The post Solana network rebounds with record $35.6 billion DEX volume and 58% TVL surge appeared first on CryptoSlate.
    Tags: Solana
  • SEC Chair Atkins reiterates need to overhaul crypto rules, pledges to end ‘regulation by enforcement’
    CryptoSlate - 20:28 May 12, 2025
    Securities and Exchange Commission Chairman Paul Atkins called for a sweeping modernization of US crypto asset policy, outlining a three-part strategy to overhaul regulations for issuance, custody, and trading. He made the statement during his keynote address at the SEC Crypto Task Force’s latest roundtable on May 12, which covered tokenization and its potential to […] The post SEC Chair Atkins reiterates need to overhaul crypto rules, pledges to end ‘regulation by enforcement’ appeared first on CryptoSlate.
    Tags: SEC Chair Atkins
  • Pumpfun launches creator rewards, $7M potential based on April volume
    CryptoSlate - 19:39 May 12, 2025
    Pump.fun introduced a revenue-sharing mechanism for token creators on May 12, enabling them to collect 0.05% of trading volume in Solana (SOL) from transactions conducted on PumpSwap.  To qualify for earnings, a token must meet at least one of three criteria: It must be newly created, still trading on Pump.fun’s bonding curve, or previously graduated […] The post Pumpfun launches creator rewards, $7M potential based on April volume appeared first on CryptoSlate.
    Tags: Pumpfun April
  • AI search startup Perplexity on track for massive $14 billion valuation – WSJ
    CryptoSlate - 18:30 May 12, 2025
    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.
    Tags: Perplexity
  • XRP outperforms crypto market with 10% jump as open interest surges past $5B
    CryptoSlate - 17:52 May 12, 2025
    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.
  • Crypto’s energy problem may have a DePIN solution
    CryptoSlate - 21:00 May 11, 2025
    The following is a guest post and opinion by Ruchir Punjabi, Co-Founder at ReNRG. Crypto, for all its growth, has an energy reputation problem. The proof-of-work era left a lingering carbon footprint, and while the industry has largely pivoted to more efficient mechanisms, the perception persists. Yet within the technology that birthed this conundrum lies […] The post Crypto’s energy problem may have a DePIN solution appeared first on CryptoSlate.
    Tags: Crypto DePIN
  • Bitcoin yield without the leap of faith
    CryptoSlate - 15:00 May 11, 2025
    The following is a guest post and opinion by Hong Sun, Head of Institutional at Core DAO. Traditional financial institutions have begun to benefit from Bitcoin’s price appreciation — but they’re doing so in suboptimal ways. Most are sitting on Bitcoin as if it were cash, content with price exposure while overlooking its productive potential. […] The post Bitcoin yield without the leap of faith appeared first on CryptoSlate.
    Tags: Bitcoin
  • Conviction over doubt: Yat Siu on building web3’s most influential unicorn 
    CryptoSlate - 12:21 May 11, 2025
    Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Co-founder and executive chairman of web3 gaming unicorn Animoca Brands, few people in crypto haven’t heard of Yat Siu—with the exception of the […] The post Conviction over doubt: Yat Siu on building web3’s most influential unicorn  appeared first on CryptoSlate.
    Tags: Conviction
  • Will nation-states use AI to usher in apocalypse?
    CryptoSlate - 05:00 May 11, 2025
    The following is a guest post and opinion of Manouk Termaaten, Founder and CEO of Vertical Studio AI Governments are using AI for disinformation—an unethical, authoritarian use with grave implications for freedom and truth around the world. The fact that nation-states use AI for disinformation has major implications for freedom of thought, free elections, and the […] The post Will nation-states use AI to usher in apocalypse? appeared first on CryptoSlate.
    Tags: Will
  • Concerns over Trump’s conflict of interest are slowing the progress of broader crypto policy
    CryptoSlate - 00:33 May 11, 2025
    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.
    Tags: Concerns Trump
  • Global markets steady as US-China trade talks loom, Bitcoin hits $103k
    CryptoSlate - 20:44 May 10, 2025
    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.
    Tags: Bitcoin US-China Global
  • Web3 as we know it isn’t the solution to user empowerment – it actually made things worse
    CryptoSlate - 20:00 May 10, 2025
    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.
    Tags: Web3
  • AI model audits need a ‘trust, but verify’ approach to enhance reliability
    CryptoSlate - 16:00 May 10, 2025
    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.
  • Spain demands tighter bank oversight, fuels Bitcoin appeal
    CryptoSlate - 14:00 May 10, 2025
    Update (May 10 2025): Following a detailed review of Royal Decree 253/2025, the official BOE text, and multiple independent fact‑checks, we determined that an earlier version of this article inaccurately claimed Spaniards must give 24‑hours’ notice to tax authorities before withdrawing more than €3,000 in cash and could face fines of up to €150,000 for non‑compliance. In reality, the reporting duty falls […] The post Spain demands tighter bank oversight, fuels Bitcoin appeal appeared first on CryptoSlate.
    Tags: Bitcoin Spain
  • Conor McGregor takes talk of an Irish Bitcoin strategic reserve to the public
    CryptoSlate - 11:57 May 10, 2025
    UFC superstar Conor McGregor has endorsed the idea of an Irish Bitcoin strategic reserve, sparking renewed debate about the country’s financial future and the role of digital assets in its national policy. In a post on X that garnered over half a million views within hours, McGregor wrote: “Crypto in its origin was founded to […] The post Conor McGregor takes talk of an Irish Bitcoin strategic reserve to the public appeared first on CryptoSlate.
    Tags: Conor McGregor Irish Bitcoin

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