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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...
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...
Bitcoin supply crunch boosts confidence in $200K target for 2025 — Bitwise CIO
16.5.2025
Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand.In an interview with Cointelegraph at Consensus 2025 in Toronto, the executive said that Bitwise's Bitcoin price prediction...
Bitcoin supply crunch boosts confidence in $200K target for 2025 — Bitwise CIO
16.5.2025
Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand.In an interview with Cointelegraph at Consensus 2025 in Toronto, the executive said that Bitwise's Bitcoin price prediction...
US Senate will pass Stablecoin bill — Digital Chamber chief
16.5.2025
The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association and advocacy group.Speaking to Cointelegraph at Consensus 2025...
Trump-tied World Liberty Financial Rebuffs U.S. Senator's Probe
16.5.2025
Sen. Richard Blumenthal had written letters to Trump-affiliated executives, asking about their businesses, and WLFI called some of his assertions inaccurate
Bitcoin breakout odds climb as all-time highs meet $90K dip warning
16.5.2025
Key points:Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction.Price discovery is keenly awaited, but downside predictions include levels further toward $90,000.BTC/USD has delivered highly patterned moves since its rebound began in April.Bitcoin (BTC)...
From debanking to a banking arms race—The rise of stablecoins
16.5.2025
Opinion by: Megan Knab, CEO, Franklin PayrollThere are few historical examples of such a massive about-face for an industry, from banks debanking crypto businesses to now embracing stablecoins. If you talk to most crypto startup founders or companies with crypto on the balance sheet, they will...
Europe’s MiCA law is motion, but can the crypto industry keep up?
16.5.2025
The European Union’s Markets in Crypto-Assets regulation — better known as MiCA — is now in its critical implementation phase. Designed to unify crypto regulation across all 27 EU member states, MiCA promises clarity, consumer protection and long-term market stability. But...
Fake Eric Trump-themed token is ‘rug in the making,’ says Bubblemaps
16.5.2025
A fake Eric Trump-themed memecoin launched on Solana’s memecoin launchpad Pump.fun, rose more than 6,200% in the past 24 hours, raising red flags among blockchain analysts who warned of a potential rug pull.A newly-created Eric Trump (ERICTRUMP) memecoin with the token address...
Chinese Textile Company Addentax to Acquire $800 Million in BTC and Trump Tokens
16.5.2025
Addentax Group Corp, a Chinese textile and apparel company, announced plans to acquire up to 8,000 bitcoins and other digital assets, including the memecoin TRUMP, by issuing shares of common stock. Addentax Group to Bring Crypto Influencers on As Shareholders Chinese textile and apparel company...
Trump’s crypto ties ‘add a certain level of challenge’ to passing bills — Coinbase exec
16.5.2025
Coinbase chief legal officer Paul Grewal addressed some of the concerns raised by US lawmakers and industry leaders around President Donald Trump’s crypto ventures, and how they may affect related legislation.Speaking at the Consensus conference in Toronto on May 15, Grewal said there...
"The world is trying to hoard Bitcoin right now" — Eric Trump
15.5.2025
There is an ongoing race across the world for Bitcoin accumulation, according to Eric Trump, the second-eldest son of US President Donald Trump. Speaking at a crypto conference in Toronto on May 15, Trump said that from families to government funds, “everybody in the world is trying to hoard...
Nintendo Of America President Won't Commit To Switch 2 Staying $450 After Launch
15.5.2025
The Nintendo Switch 2 is launching in a few weeks in the United States. It will cost $450, a price some think is too high. But that price could go up in the near future as President Trump continues enacting tariffs on imported goods. So it’s not surprising that, when asked how long the company...
Senate's New Stablecoin Draft Doesn't Target Trump's Crypto, Tweaks Big-Tech Approach
15.5.2025
A legislative draft obtained by CoinDesk shows a marginally revised version despite Democrats citing "major victories" in the Senate negotiation