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Solv brings RWA-backed Bitcoin yield to Avalanche blockchain
16.5.2025
Solv Protocol has launched a yield-bearing Bitcoin token on the Avalanche blockchain, giving institutional investors more exposure to yield opportunities backed by real-world assets, or RWAs.On May 16, the protocol unveiled SolvBTC.AVAX, a token that connects Bitcoin (BTC) to real-world assets like...
Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst
16.5.2025
Key takeaways:The total altcoin market cap (excluding ETH) gained $126 billion in Q2, fueling speculation of an altseason.The altcoin market cap, excluding Ether (ETH), has added $126 billion in Q2, sparking enthusiasm from analysts who have been waiting for an altseason. Crypto analyst Javon Marks...
Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst
16.5.2025
Key takeaways:The total altcoin market cap (excluding ETH) gained $126 billion in Q2, fueling speculation of an altseason.The altcoin market cap, excluding Ether (ETH), has added $126 billion in Q2, sparking enthusiasm from analysts who have been waiting for an altseason. Crypto analyst Javon Marks...
Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports
16.5.2025
Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair and infuriating, CNBC reported. The crypto and infrastructure company, which is also listed in Canada, opened trading at $23.50 in its Nasdaq debut.Trading...
Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports
16.5.2025
Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair and infuriating, CNBC reported. The crypto and infrastructure company, which is also listed in Canada, opened trading at $23.50 in its Nasdaq debut.Trading...
Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally?
16.5.2025
Key takeaways:Bitfinex margin longs fell 18%, despite Bitcoin price rising 24% in 30 days.$6.8 billion in long positions far outweight the current $25 million in shorts.Bitcoin options positioning and spot BTC inflows point to confidence from institutional investors.Bitcoin (BTC) price climbed...
Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally?
16.5.2025
Key takeaways:Bitfinex margin longs fell 18%, despite Bitcoin price rising 24% in 30 days.$6.8 billion in long positions far outweight the current $25 million in shorts.Bitcoin options positioning and spot BTC inflows point to confidence from institutional investors.Bitcoin (BTC) price climbed...
World Liberty Financial brushes off oversight concerns from Congress
16.5.2025
Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by US lawmakers to investigate the president’s potential conflicts of interest.In a May 15 letter to Senator Richard Blumenthal, lawyers for World...
World Liberty Financial brushes off oversight concerns from Congress
16.5.2025
Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by US lawmakers to investigate the president’s potential conflicts of interest.In a May 15 letter to Senator Richard Blumenthal, lawyers for World...
SEC hacker sentenced to 14 months in prison
16.5.2025
A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X account saying it would approve spot Bitcoin (BTC) ETFs, to 14 months in prison.Following a May 16 hearing in the US District Court for the District...
SEC hacker sentenced to 14 months in prison
16.5.2025
A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X account saying it would approve spot Bitcoin (BTC) ETFs, to 14 months in prison.Following a May 16 hearing in the US District Court for the District...
CFTC commissioner to leave agency on May 31
16.5.2025
Christy Goldsmith Romero of the US Commodity Futures Trading Commission (CFTC) will step down on May 31, leaving three seats open at the financial regulator.In a May 16 announcement, Romero said her last day at the agency would be on May 31, ahead of her reported initial plans to leave if...
CFTC commissioner to leave agency on May 31
16.5.2025
Christy Goldsmith Romero of the US Commodity Futures Trading Commission (CFTC) will step down on May 31, leaving three seats open at the financial regulator.In a May 16 announcement, Romero said her last day at the agency would be on May 31, ahead of her reported initial plans to leave if...
Basel Medical shares down 15% on $1B Bitcoin buying plans
16.5.2025
Shares of Basel Medical Group are down around 15% after the healthcare company announced plans to buy $1 billion in Bitcoin for its corporate treasury. On May 16, Singapore-based Basel said it was “in advanced discussions with a consortium of institutional investors and high-net-worth...
Basel Medical shares down 15% on $1B Bitcoin buying plans
16.5.2025
Shares of Basel Medical Group are down around 15% after the healthcare company announced plans to buy $1 billion in Bitcoin for its corporate treasury. On May 16, Singapore-based Basel said it was “in advanced discussions with a consortium of institutional investors and high-net-worth...
Price predictions 5/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
16.5.2025
Key points:A Bitcoin price close above $105,000 could accelerate momentum and trigger a rally to $130,000.Ether continues to gain strength, which is being mirrored by many altcoins.Bitcoin (BTC) has been consolidating between $100,718 and $105,819 for the past few days, indicating a balance between...
Price predictions 5/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
16.5.2025
Key points:A Bitcoin price close above $105,000 could accelerate momentum and trigger a rally to $130,000.Ether continues to gain strength, which is being mirrored by many altcoins.Bitcoin (BTC) has been consolidating between $100,718 and $105,819 for the past few days, indicating a balance between...
Crypto miner turned AI provider CoreWeave adds billions in market cap
16.5.2025
Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly public company.CRWV stock climbed as much as 26.3% in New York trading, pushing its market...
Crypto miner turned AI provider CoreWeave adds billions in market cap
16.5.2025
Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly public company.CRWV stock climbed as much as 26.3% in New York trading, pushing its market...
Bitcoin breaks out while Coinbase breaks down: Finance Redefined
16.5.2025
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams.While less than 1% of Coinbase’s active monthly users were reportedly affected, the expected remediation...