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Mashinsky’s 12-year sentence sets tone of enforcement in Trump era
8.5.2025
The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud. Mashinsky’s legal team sought a light sentence. They highlighted his spotless record before the Celsius incident, along with his military service...
Bitcoin hits $101.7K as US strategic reserve bills become law and BTC mass adoption accelerates
8.5.2025
Key takeaways: Bitcoin rallies to $101,707 against a backdrop of strong fundamentals in the regulatory and traditional finance space.Traders are confident that $100,000 will hold as support.Bitcoin (BTC) price rallied above $100,000 on the heels of US President Donald Trump’s announcement...
Senate Votes Against Advancing Stablecoin Bill, Delaying Process as Trump Concerns Fester
8.5.2025
Last-minute Democrat objections led to a failed vote to move into debate on a top crypto industry legislative priority to regulate dollar-based tokens
Trump tricked into pushing XRP for crypto reserve: Report
8.5.2025
US President Donald Trump was reportedly manipulated by a lobbyist tied to Ripple Labs into announcing the XRP token would be part of his plans for a national cryptocurrency reserve.According to a May 8 Politico report, an employee of pro-Trump lobbyist Brian Ballard gave the president the text...
Trump tricked into pushing XRP for crypto reserve: Report
8.5.2025
US President Donald Trump was reportedly manipulated by a lobbyist tied to Ripple Labs into announcing the XRP token would be part of his plans for a national cryptocurrency reserve.According to a May 8 Politico report, an employee of pro-Trump lobbyist Brian Ballard gave the president the text...
Worst-Case Tariff Scenario Could Hike Game Console Prices By Over 69 Percent
8.5.2025
President Trump hit a 90-day pause on a whole raft of “reciprocal” tariffs aimed at U.S. trading partners around the world. While many seem skeptical that the heavily criticized and widely unpopular import taxes could come back, what if Trump decided to do just that? A new report models what would...
Trump Rips Fed Chief as ‘Fool’ After Rate Freeze, Declares ‘Golden Age’ Is Coming
8.5.2025
On Thursday, U.S. President Donald Trump blasted the Federal Reserve and its Chair, Jerome Powell, after the central bank kept the federal funds rate unchanged the day prior. He hopped onto social media via Truth Social and branded Powell a “fool.” Trump Torches Fed Boss Over Inflation Moves...
Bitcoin Blasts Past $100K as Trump Hints at Global Trade Deals
8.5.2025
Bitcoin cracked the $100,000 ceiling on Thursday for the first time since February, notching a high-water mark that had traders buzzing. During the morning stretch, it floated near $99,800 before catapulting to an intraday top of $101,454. The breakout rides the wave of buoyancy in U.S. equities...
Bitcoin Tops $100K for First Time in 3 Months; Are Upside Targets Too Low?
8.5.2025
The price has jumped 33% in a few weeks after plunging to $75,000 in the days following President Trump's early April Liberation Day tariff announcement
Here’s what happened in crypto today
8.5.2025
Today in crypto, Coinbase has agreed to acquire crypto options trading platform Deribit in a deal worth $2.9 billion, Arizona’s governor signed a “Bitcoin Reserve Fund” into law, and Robinhood plans a blockchain for tokenized securities offerings in Europe.Coinbase to acquire...
Beyond digital gold, Bitcoin’s next chapter is about to be unlocked — Dan Held
8.5.2025
Bitcoin (BTC) has long been branded as “digital gold,” a store of value for believers in scarcity, decentralization and self-sovereignty. As institutional interest grows, geopolitics shift, and new layers emerge on Bitcoin’s stack, is it time for the narrative to evolve? In...
Beyond digital gold, Bitcoin’s next chapter is about to be unlocked — Dan Held
8.5.2025
Bitcoin (BTC) has long been branded as “digital gold,” a store of value for believers in scarcity, decentralization and self-sovereignty. As institutional interest grows, geopolitics shift, and new layers emerge on Bitcoin’s stack, is it time for the narrative to evolve? In...
Coinbase to acquire options trading platform Deribit for $2.9B
8.5.2025
Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms.Coinbase Global will acquire Deribit for about $2.9 billion, the exchange announced on May 8.The acquisition will allow...
Crypto Daybook Americas: Trump Trade Tease Lifts Market While Movement's Fees Evaporate
8.5.2025
Your day-ahead look for May 8, 2025
Why is the crypto market up today?
8.5.2025
Key takeaways:The crypto market is up 2.5% on May 8, with its capitalization above $3 trillion for the first time in over eight weeks. Fed's steady rates and stagflation fears boost Bitcoin as a store of value.Anticipated US-UK trade deal and a technical rebound fuel market optimism.The...
Binance Founder CZ Confirms He Has Applied for Trump Pardon After Prison Term
8.5.2025
Changpeng Zhao submitted the request weeks ago, citing media reports and after pardons other influential figures in the crypto space were pardoned
Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm
8.5.2025
David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm.The venture, named Nakamoto after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, aims to become...
Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm
8.5.2025
David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm.The venture, named Nakamoto after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, aims to become...
What’s Next for Bitcoin With Crypto Market Cheering Trump's Trade Deal Hype?
8.5.2025
Several factors suggest the $100K breakout may not be a smooth ride
Bitcoin nears $100K as Trump set to reveal trade deal with UK
8.5.2025
Bitcoiners expect Bitcoin to soon break past $100,000 and potentially hit a new all-time high as US President Donald Trump is set to announce a trade deal with the UK.Trump said in a May 7 Truth Social post that a “major trade deal” with a “big, and highly respected...