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  • Cathie Wood predicts AI and Bitcoin to drive new phase of US economic growth
    CryptoSlate - 21:38 May 09, 2025
    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.
    Tags: Cathie Wood Bitcoin
  • BlackRock meets SEC Crypto Task Force to discuss tokenization, ETP rules
    CryptoSlate - 20:42 May 09, 2025
    BlackRock representatives met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on May 9 to seek guidance on a range of crypto regulatory issues, including tokenization, staking, and approval frameworks for exchange-traded products (ETPs). According to the meeting memo, BlackRock reviewed its digital asset offerings, including the iShares Bitcoin Trust (IBIT), the […] The post BlackRock meets SEC Crypto Task Force to discuss tokenization, ETP rules appeared first on CryptoSlate.
    Tags: SEC Crypto Task Force BlackRock
  • Spot Bitcoin ETFs set lifetime flow record at $40.3B as price recovers
    CryptoSlate - 20:07 May 09, 2025
    Spot Bitcoin (BTC) exchange-traded funds (ETFs) traded in the US reached a new all-time high of $40.3 billion in lifetime flows on May 8, according to Bloomberg data. Bloomberg senior ETF analyst Eric Balchunas said lifetime net flows are the most critical metric related to ETFs to watch. He explained that this metric is “very […] The post Spot Bitcoin ETFs set lifetime flow record at $40.3B as price recovers appeared first on CryptoSlate.
    Tags: Spot Bitcoin ETFs
  • CryptoQuant CEO revises bearish market outlook, says cycle theory evolving with institutional inflows
    CryptoSlate - 19:15 May 09, 2025
    CryptoQuant CEO Ki Young Ju has revised his earlier prediction that the Bitcoin (BTC) bull cycle had ended, citing a shift in market structure and significant inflows through exchange-traded funds (ETFs) that are helping to absorb sell pressure. In a May 9 social media post, Ju acknowledged his March forecast was premature and the current […] The post CryptoQuant CEO revises bearish market outlook, says cycle theory evolving with institutional inflows appeared first on CryptoSlate.
    Tags: CryptoQuant
  • Democrat Senators urge Treasury, DOJ to probe Trump’s crypto ties to Binance
    CryptoSlate - 18:35 May 09, 2025
    Democratic senators have requested that the US Treasury and Justice Department investigate President Donald Trump’s crypto ties to Binance, Bloomberg News reported on May 9. According to the report, the lawmakers made the request in a letter sent to Treasury Secretary Scott Bessent and Attorney General Pam Bondi.  Details about oversight actions The letter, which […] The post Democrat Senators urge Treasury, DOJ to probe Trump’s crypto ties to Binance appeared first on CryptoSlate.
    Tags: Democrat Senators Binance Treasury Trump
  • Lido proposes dual governance upgrade to empower stETH holders in decisions
    CryptoSlate - 17:48 May 09, 2025
    Lido’s governance community is reviewing a new proposal to give staked Ethereum (stETH) holders more influence in protocol decisions. The May 8 proposal, dubbed Lido Improvement Proposal 28 (LIP-28), introduces a Dual Governance framework. Presently, only LDO token holders can vote on changes to the Lido protocol. This gives them complete control over decisions that […] The post Lido proposes dual governance upgrade to empower stETH holders in decisions appeared first on CryptoSlate.
    Tags: Lido
  • Metaplanet issues another $21M in bonds to fuel Bitcoin purchases
    CryptoSlate - 16:55 May 09, 2025
    Metaplanet issued its 14th Series of Ordinary Bonds, raising $21.25 million to fund additional Bitcoin (BTC) purchases as the company deepens its strategic pivot toward digital assets. The bonds were approved at a board meeting on May 9 and fully subscribed by EVO FUND, according to the regulatory filing. The notes will be structured as […] The post Metaplanet issues another $21M in bonds to fuel Bitcoin purchases appeared first on CryptoSlate.
    Tags: Metaplanet Bitcoin
  • Gemini secures license to expand EU crypto derivatives offerings
    CryptoSlate - 15:15 May 09, 2025
    US-based Gemini has received a Markets in Financial Instruments Directive (MiFID) II license from the Malta Financial Services Authority (MFSA), according to a May 9 statement shared with CryptoSlate. This allows the exchange to offer regulated crypto derivatives across the European Union (EU) and European Economic Area (EEA). With the license, the exchange can begin […] The post Gemini secures license to expand EU crypto derivatives offerings appeared first on CryptoSlate.
    Tags: Gemini
  • Rumble non-custodial Bitcoin wallet to launch in Q3 in challenge to Coinbase
    CryptoSlate - 14:30 May 09, 2025
    Rumble, the video-sharing platform known for backing alternative media voices, is developing a crypto wallet that could launch by the third quarter of this year. On May 9, Rumble CEO Chris Pavlovski said the wallet will serve as a non-custodial tool tailored for creators. He emphasized the company’s ambition to become a central player in […] The post Rumble non-custodial Bitcoin wallet to launch in Q3 in challenge to Coinbase appeared first on CryptoSlate.
    Tags: Rumble Bitcoin Coinbase
  • Bitcoin exchange inflows show heavy institutional activity, virtually no LTH selling
    CryptoSlate - 01:00 May 09, 2025
    Bitcoin exchange inflows over the past month have been driven almost entirely by freshly moved supply, with minimal involvement from long-dormant holders. Nearly three-quarters of all daily deposits across major exchanges consisted of coins that had last moved less than 24 hours earlier, pointing to high-frequency repositioning activity rather than strategic distribution. This type of […] The post Bitcoin exchange inflows show heavy institutional activity, virtually no LTH selling appeared first on CryptoSlate.
    Tags: Bitcoin
  • Meta exploring stablecoins for cross-border payouts in renewed crypto push
    CryptoSlate - 00:15 May 09, 2025
    Meta is exploring stablecoin-based payment infrastructure in a renewed effort to integrate blockchain technology into its platforms, Fortune reported on May 8, citing people familiar with the matter. According to the report, the tech giant is in preliminary discussions with multiple crypto firms to evaluate stablecoins as a mechanism for managing cross-border payouts. The discussions […] The post Meta exploring stablecoins for cross-border payouts in renewed crypto push appeared first on CryptoSlate.
    Tags: Meta
  • Coinbase Q1 revenues up 40% YoY to $2 billion, while net income down
    CryptoSlate - 23:45 May 08, 2025
    Coinbase reported $2 billion in total revenue for the first quarter, compared to $1.6 billion in the first quarter of 2024. Meanwhile, the exchange posted $66 million in net income, compared to $1.2 billion, including unrealized gains of $737 million, during the same period last year. Coinbase reported $930 million in adjusted EBITDA for the […] The post Coinbase Q1 revenues up 40% YoY to $2 billion, while net income down appeared first on CryptoSlate.
    Tags: Coinbase
  • Reporters find Zerebro founder alive and breathing at parent’s house, confirming suicide was staged
    CryptoSlate - 23:15 May 08, 2025
    Zerebro founder Jeffy Yu was found alive and living at his parents’ house in San Francisco, confirming growing suspicions that the death was staged. Yu, whose livestreamed “suicide” set off a viral cascade of eulogies, a commemorative memecoin launch, and even a digital obituary, was confronted by reporters from the San Francisco Standard on May […] The post Reporters find Zerebro founder alive and breathing at parent’s house, confirming suicide was staged appeared first on CryptoSlate.
    Tags: Reporters Zerebro
  • SEC files to settle lawsuit with Ripple, execs over civil penalty dispute
    CryptoSlate - 22:45 May 08, 2025
    The US Securities and Exchange Commission (SEC) filed a proposed settlement agreement with Ripple, CEO Brad Garlinghouse, and Executive Chairman Chris Larsen to resolve the Commission’s longstanding civil enforcement action against the company and its executives. In a filing submitted on May 8, the SEC and the defendants jointly requested that the US District Court […] The post SEC files to settle lawsuit with Ripple, execs over civil penalty dispute appeared first on CryptoSlate.
    Tags: Ripple
  • SEC’s crypto task force lead criticizes ETF approval process, highlights need for patience
    CryptoSlate - 22:15 May 08, 2025
    The head of the US Securities and Exchange Commission (SEC) Crypto Task Force, Hester Peirce, said the decade-long process that led to the approval of spot Bitcoin exchange-traded funds (ETFs) was mishandled, and urged crypto market participants to be patient with ongoing regulatory delays. In an interview on Bloomberg’s Trillions podcast, Peirce addressed the slow […] The post SEC’s crypto task force lead criticizes ETF approval process, highlights need for patience appeared first on CryptoSlate.
  • Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme
    CryptoSlate - 21:45 May 08, 2025
    Ex-Celsius CEO Alex Mashinsky was sentenced to 12 years in prison on May 8 for orchestrating a scheme that defrauded customers of the crypto lending platform by misrepresenting investment risks and manipulating the price of the company’s token, CEL. As Bloomberg News reported, the sentence was handed down by US District Judge John Koeltl in […] The post Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme appeared first on CryptoSlate.
    Tags: Former Celsius CEO Alex Mashinsky
  • StanChart says Bitcoin could exceed $120K target for Q2 amid institutional, sovereign boom
    CryptoSlate - 20:51 May 08, 2025
    Standard Chartered’s head of digital assets research, Geoffrey Kendrick, said Bitcoin (BTC) appears on track to reach new record highs sooner than expected, driven by mounting institutional inflows and a global shift in asset allocation. In a May 8 investor note shared with CryptoSlate, Kendrick said he initially projected a $120,000 price target for the […] The post StanChart says Bitcoin could exceed $120K target for Q2 amid institutional, sovereign boom appeared first on CryptoSlate.
    Tags: Bitcoin StanChart
  • GENIUS Act stalls in Senate, lawmakers eye new proposal next week
    CryptoSlate - 19:53 May 08, 2025
    The Senate denied the motion to invoke cloture on the motion to consider the GENIUS Act bill, which aims to regulate stablecoins in the US. The decision came with a one-vote difference, as 49 Democrat senators denied the motion against 48 favorable votes.  Senate Majority Leader John Thune accused Democrats of using the filibuster for […] The post GENIUS Act stalls in Senate, lawmakers eye new proposal next week appeared first on CryptoSlate.
    Tags: Senate Genius
  • UAE state-owned Emarat partners with Crypto.com to integrate Bitcoin, crypto payments at gas stations
    CryptoSlate - 19:00 May 08, 2025
    Emirates General Petroleum Corporation (Emarat), the UAE’s federal government-owned fuel retailer, has partnered with Crypto.com to introduce crypto payments at fuel stations, marking a first in the Middle East and North Africa. The initial phase enables crypto payments at 10 Emarat stations across Dubai, with plans to expand the service throughout Emarat’s network, according to […] The post UAE state-owned Emarat partners with Crypto.com to integrate Bitcoin, crypto payments at gas stations appeared first on CryptoSlate.
    Tags: Emarat Crypto Bitcoin
  • Stripe unveils AI foundation model for payments and deeper stablecoin integration
    CryptoSlate - 01:00 May 08, 2025
    Stripe unveiled a new AI foundation model for payments and expanded support for stablecoins and embedded finance. The firm made the announcement at its annual Sessions conference, where it introduced more than 60 product updates. The enhanced stablecoin integration comes more than six months after the firm acquired Bridge for $1.1 billion. AI foundation model […] The post Stripe unveils AI foundation model for payments and deeper stablecoin integration appeared first on CryptoSlate.
    Tags: Stripe

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