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Here’s what happened in crypto today
18.5.2025
Today in crypto, Moody’s degrades US credit rating, Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to analyst Scott Melker, and the co-founder of World Liberty Financial pushes back against US lawmakers' attempts to probe potential conflicts...
The Public internet is a bottleneck for blockchain — DoubleZero CEO
18.5.2025
Public internet infrastructure is the critical speed and performance constraint on high-throughput blockchain networks, according to Austin Federa, co-founder and CEO of DoubleZero, a project developing high-speed fiber optic communication rails for blockchains."The downside of the public internet...
The Public internet is a bottleneck for blockchain — DoubleZero CEO
18.5.2025
Public internet infrastructure is the critical speed and performance constraint on high-throughput blockchain networks, according to Austin Federa, co-founder and CEO of DoubleZero, a project developing high-speed fiber optic communication rails for blockchains."The downside of the public internet...
Moody's downgrades US credit rating due to rising debt
17.5.2025
Moody's credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as the primary driver behind the reduction in creditworthiness.According to the May 16 announcement from the rating agency, US lawmakers have failed to stem...
Moody's downgrades US credit rating due to rising debt
17.5.2025
Moody's credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as the primary driver behind the reduction in creditworthiness.According to the May 16 announcement from the rating agency, US lawmakers have failed to stem...
High-speed oracles disrupting $50B finance data industry — Web3 Exec
17.5.2025
Michael James, the head of institutional business development at Douro Labs — the company that developed the Pyth high-speed blockchain oracle network — told Cointelegraph that oracle networks like Pyth are disrupting the $50 billion financial data industry that provides critical price...
A Bitcoiner’s guide to South Africa’s Garden Route
17.5.2025
South Africa’s Garden Route, famed for its lush forests, expansive beaches and charming towns, has become a testbed for Bitcoin adoption.From Mossel Bay to Witsand and Plettenberg Bay to Knysna, Bitcoin has become popular among shop owners and travelers alike for a multitude...
The DeFi mullet — Fintech needs DeFi in the back
17.5.2025
Opinion by: Merlin Egalite, co-founder at Morpho LabsFintechs in the front, decentralized finance (DeFi) in the back: the DeFi Mullet.Today’s fintech companies offer excellent user experiences but are constrained by traditional financial infrastructure — siloed, slow, expensive...
Bitcoin to $250K in 2025 ‘totally possible’ — crypto analyst Scott Melker
17.5.2025
Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to Scott Melker, a crypto analyst and host of The Wolf of All Streets podcast.Speaking in a recent interview, Melker cited growing institutional interest and diminishing volatility as key factors that...
Bitcoin to $250K in 2025 ‘totally possible’ — crypto analyst Scott Melker
17.5.2025
Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to Scott Melker, a crypto analyst and host of The Wolf of All Streets podcast.Speaking in a recent interview, Melker cited growing institutional interest and diminishing volatility as key factors that...
Everstake defends non-custodial staking as SEC weighs industry input
17.5.2025
The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers globally, to explore clearer regulatory definitions around staking in blockchain networks.The meeting, which also involved the SEC’s Crypto Task Force, comes...
Everstake defends non-custodial staking as SEC weighs industry input
17.5.2025
The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers globally, to explore clearer regulatory definitions around staking in blockchain networks.The meeting, which also involved the SEC’s Crypto Task Force, comes...
New Zealand man arrested in $265M crypto scam tied to FBI probe
17.5.2025
A man from Wellington, the capital city of New Zealand, has been arrested in connection with an FBI-led investigation into a global cryptocurrency fraud operation that allegedly stole $450 million New Zealand dollars ($265 million).According to New Zealand Police, the man is one of 13 individuals...
New Zealand man arrested in $265M crypto scam tied to FBI probe
17.5.2025
A man from Wellington, the capital city of New Zealand, has been arrested in connection with an FBI-led investigation into a global cryptocurrency fraud operation that allegedly stole $450 million New Zealand dollars ($265 million).According to New Zealand Police, the man is one of 13 individuals...
Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders
17.5.2025
Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of El Salvador’s Bitcoin policy leaders.“Bitcoin Reserve,” Mizrachi wrote to X on May 16 after meeting El Salvador-based Bitcoiners Max Keiser...
Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders
17.5.2025
Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of El Salvador’s Bitcoin policy leaders.“Bitcoin Reserve,” Mizrachi wrote to X on May 16 after meeting El Salvador-based Bitcoiners Max Keiser...
Paraguay deports three undocumented immigrants after crypto mining theft attempt
17.5.2025
Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam.According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the men were caught by police soon...
Paraguay deports three undocumented immigrants after crypto mining theft attempt
17.5.2025
Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam.According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the men were caught by police soon...
Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highs
17.5.2025
Key takeaways: Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces. On-chain data suggests the current profit taking is too weak to extinguish Bitcoin’s current price momentum. Bitcoin (BTC) price...
Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highs
17.5.2025
Key takeaways: Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces. On-chain data suggests the current profit taking is too weak to extinguish Bitcoin’s current price momentum. Bitcoin (BTC) price...