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Circle co-founder to create ‘AI-native’ bank after $18M raise
20.5.2025
Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that natively leverages artificial intelligence. On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured...
German gov’t missed out on $2.3B profit after selling Bitcoin at $57K
20.5.2025
The German government missed out on more than $2 billion worth of Bitcoin profit after selling its holdings in 2024, according to blockchain intelligence firm Arkham.A “German Government (BKA)” labeled cryptocurrency wallet sold 49,858 Bitcoin (BTC) worth over $2.89 billion at...
Avalanche-backed Fusion launches with $100M to boost blockchain adoption
20.5.2025
Avalanche, Helix and Faculty Group have launched Fusion, a new blockchain ecosystem aimed at driving real-world adoption through modular infrastructure tailored to specific industries.Built on Avalanche, Fusion features a two-layer architecture that includes composers, customizable layer-1...
India’s Supreme Court urges government to regulate cryptocurrency
20.5.2025
India’s Supreme Court questioned the government’s lack of regulatory clarity on cryptocurrencies despite imposing taxes on digital assets like Bitcoin.According to the Indian legal news outlet LawChakra, the country’s Supreme Court expressed concern over the increasing use...
Ether Is Set to Explode as Traders Pump Millions Into $6K ETH Bets
20.5.2025
Crypto traders are betting on Ethereum's ether to reach $6,000 by Dec. 26 through bull call spreads
Ether Surges 8%, Bitcoin Nears $106K as Crypto Bulls Take Charge
20.5.2025
The crypto market's resilience contrasts with the decline in equities and gold following Moody's U.S. credit downgrade
Crypto ETFs Close the Week Strong: $260 Million Into Bitcoin ETFs, $22 Million Into Ether ETFs
19.5.2025
Bitcoin ETFs closed last week on a high note, notching a net inflow of $260 million with Blackrock and Fidelity leading the charge. Ether ETFs also finished strong, locking in $22 million in inflows without any outflows reported. Crypto Funds End Week in the Green Bitcoin exchange-traded funds...
Crypto Investment Products Fully Recover From $7B Outflows Seen in February-March
19.5.2025
Bitcoin products attracted the most inflows, while ether products saw a recovery linked to the successful Pectra upgrade
Bulls and Bears Get Caught off Guard as Bitcoin Jumps to $106K, Then Falls Back to $103K
19.5.2025
The sudden price gyrations wiped out over $460 million in long positions and $220 million in shorts, across futures tracking majors like ether (ETH), solana (SOL), and dogecoin (DOGE)
Vitalik Buterin proposes partially stateless nodes for Ethereum scaling
19.5.2025
Ethereum co-founder Vitalik Buterin unveiled a proposal to preserve trustless, censorship-resistant access to Ethereum, even as the network scales. On May 19, Buterin shared a post outlining how to make Ethereum’s layer-1 scaling “more friendly” to users running local nodes...
Metaplanet scoops 1,004 Bitcoin in 2nd-biggest buy ever
19.5.2025
Japanese investment firm Metaplanet has made its second-largest single Bitcoin purchase ever, scooping up more than 1,000 Bitcoin as the cryptocurrency came within 3% of its all-time high.Metaplanet said on May 19 that it purchased 1,004 Bitcoin (BTC) for a total cost of around 15.2 billion...
Coinbase hit with wave of lawsuits over customer data breaches
19.5.2025
Coinbase has been hit with a flood of lawsuits after it recently disclosed its user data was breached, with users accusing the crypto exchange of mishandling the incident.At least six lawsuits were filed against Coinbase between May 15 and May 16, which all made various claims that the exchange...
‘Sats’ vs ‘bits’ debate reignites amid proposal to change Bitcoin base unit
19.5.2025
A recent proposal that aims to change Bitcoin’s base unit to make it easier to understand as a payment tool has run into opposition, with critics saying Bitcoin’s satoshis are no more confusing than the dollar’s cents. Bitcoin developer John Carvalho introduced Bitcoin Improvement...
Coinbase faces lawsuit over alleged breaches of Illinois biometric privacy law
19.5.2025
A group of Coinbase users from Illinois have filed a class-action lawsuit against the crypto exchange, alleging that its identity checks violate the state’s Biometric Information Privacy Act (BIPA).Plaintiffs Scott Bernstein, Gina Greeder and James Lonergan claimed in the May 13 lawsuit filed...
Bitcoin notches record weekly close after highest-ever daily close candle
19.5.2025
Bitcoin has notched its highest-ever weekly close as crypto market momentum continues and the cryptocurrency is again nearing its all-time high.Bitcoin (BTC) has closed at a weekly gain for the past six weeks in a row, and its most recent close at midnight UTC on May 18 was its highest weekly close...
Australian feds seize mansion, Bitcoin allegedly linked to crypto exchange hack
19.5.2025
An Australian man from the state of Queensland has forfeited Bitcoin, a waterfront mansion and a Mercedes-Benz car after Australian Federal Police claimed the assets could be linked to the proceeds of crime.The AFP-led Criminal Assets Confiscation Taskforce (CACT) said in a May 18 statement that...
Russia arrests Blum co-founder Vladimir Smerkis on fraud charges
19.5.2025
Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project.The Zamoskvoretsky District Court of Moscow approved a request from investigators to keep...
Bitcoin impulse move toward new highs sets a fire under HYPE, ETH, XMR and AAVE
19.5.2025
Key points:Bitcoin’s rally to $105,980 has traders predicting new all-time highs this week. Traders lift their end-of-year Bitcoin price targets to $200,000 based on technical factors and institutional investor adoption. Bitcoin (BTC) has been stuck in a narrow range for the past...
Undervalued Ether Catching Eye of ETF Buyers as Rally Inbound: CryptoQuant
17.5.2025
ETH's rally is fueling investor expectations for a new 'Alt season', according to a recent CryptoQuant report
Ether Bears Are Done and That’s Fueling ETH’s Surge, Crypto Benchmark Issuer Says
16.5.2025
Ether's recent price rally is driven by short covering rather than new bullish bets, CF Benchmarks' Sui Chung said