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Singapore’s Grab taps Solana DePIN project Natix to ‘reshape mapping’

6.5.2025
Southeast Asia’s superapp Grab has partnered with Natix, a project within Solana’s decentralized physical infrastructure network (DePIN), to cooperate on mapping and autonomous driving technologies.The joint collaboration aims to combine Natix’s blockchain-based mapping data with...

Bitcoin risks sub-$92K retest as BTC price fails to match 4% gold gains

6.5.2025
Key points:Bitcoin is struggling again as gold retakes the limelight with week-to-date gains of nearly 5%.Bitcoin’s correlation with gold is under scrutiny amid ongoing macroeconomic shifts.Traders see a short-term slump amid a wider BTC price rebound.Bitcoin (BTC) eyed fresh month-to-date...

US stablecoin bill loses democrats amid Trump corruption concerns

6.5.2025
Democratic lawmakers in Washington are backing off support for crypto legislation amid heightened concerns over corruption, including the conduct of the Trump family’s World Liberty Financial (WLFI).In March, the GENIUS Act, which would regulate stablecoins in the US, passed a critical...

OpenAI to stay nonprofit, scrap proposed overhaul

5.5.2025
ChatGPT-maker OpenAI has abandoned plans to become a for-profit company and reaffirmed commitment to its nonprofit status. In a May 5 blog post, OpenAI confirmed plans to convert its for-profit business unit into a so-called Public Benefit Corporation (PBC), which would remain under...

Good actors were ‘unfairly targeted’ by SEC — OpenSea's CEO

5.5.2025
The Securities and Exchange Commission’s (SEC) enforcement approach on crypto firms has left a lasting “regulatory overhang” within the industry, according to Devin Finzer, co-founder and CEO of OpenSea. Speaking to Cointelegraph, Finzer said that during Biden's...

US Treasury sanctions Myanmar militia group for alleged crypto scams

5.5.2025
The United States Department of the Treasury has sanctioned a Myanmar militia group known as the Karen National Army (KNA), accusing it of crypto-related scams and other criminal activities. According to a May 5 press release issued by the agency, the Karen National Army has been orchestrating...

VanEck files for BNB ETF, first in US

5.5.2025
Asset manager VanEck has asked US regulators for permission to list an exchange-traded fund (ETF) holding BNB, the native token of Binance’s BNB Chain, regulatory filings show. The ETF is designed to accumulate spot BNB (BNB) tokens and “may, from time to time, stake a portion...

What do crypto users want to happen to Alex Mashinsky?

5.5.2025
Crypto users are weighing in as Alex Mashinsky, the former CEO of Celsius Network, prepares to stand before a judge on May 8 to face sentencing for commodities fraud and a fraudulent scheme to manipulate the price of the platform’s token.In a May 2 filing in the US District Court for...

Price predictions 5/5: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

5.5.2025
Key points:Bitcoin is witnessing a tough battle between the bulls and the bears at the $95,000 level.Solid buying by spot Bitcoin ETF investors last week signals a positive shift in investor sentiment. Select altcoins have held their support levels, increasing the likelihood of a short-term...

Bitcoin investors’ expectations evolve as 88% of BTC supply is in profit

5.5.2025
Key Takeaways:88% of Bitcoin’s supply is in profit below $95,000, indicating a reset in investor expectations. The current price range of $75,000–$95,000 may represent a structural bottom, aligning with market conditions from Q3 2024.The Market Value to Realized Value (MVRV) Ratio...

What will Bitcoin price be if gold hits $5K?

5.5.2025
Key takeaways: Bitcoin has historically outperformed gold, more recently by sixfold.Gold’s climb toward $5,000 could set the stage for significant Bitcoin gains.Weakening US dollar and rising global liquidity remain key drivers for both assets.Gold’s march toward $5,000 per ounce...

Crypto market manipulation schemes are becoming increasingly coordinated

5.5.2025
Opinion by: Tracy Jin, Chief Operating Officer, MEXCMarket manipulation is everywhere and yet nowhere to be seen. It is an invisible threat affecting crypto and traditional markets, leaving ordinary traders counting the costs. Sometimes, manipulation is obvious — illiquid tokens being pumped...

Ripple commits $25M to US school nonprofits

5.5.2025
Update, May 6, 6:58 am UTC: This article has been updated with comments from Ripple’s senior vice president of strategic initiatives, Eric van Miltenburg.Ripple, the US-based crypto services firm behind the XRP Ledger, has committed $25 million in Ripple USD (RLUSD) to education nonprofits...

Here’s what happened in crypto today

4.5.2025
Today in crypto, the government of Maldives signs $9 billion deal to establish crypto hub, a group of pro-crypto US Senate Democrats have said they would oppose a stablecoin bill in its current form, and OKX founder and CEO has responded to Justin Sun’s criticism.Maldives signs $9 billion...

Kidnapped dad of crypto businessman freed from ransom attempt: Report

4.5.2025
The father of an unnamed crypto entrepreneur was freed by police in Paris, France, during a law enforcement raid of the property where the man was held captive for ransom over several days.According to reporting from Le Monde, the May 3 raid resulted in five arrests. Local outlet Le Parisien also...

Maldives to build $9 billion crypto hub to attract investment: Report

4.5.2025
The government of Maldives signed an agreement with MBS Global Investments, a Dubai-based family office, to develop a $9 billion crypto and blockchain hub in Malé, the capital of the South Pacific archipelago nation.According to a report from the Financial Times, the agreement, which...

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