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How high can Bitcoin price go?


Key takeaways:Bitcoin was up 4.3% on May 9, after breaking $100,000  for the first time since February.BTC price gains trigger $800 million in short liquidations, the largest since 2021.A bull flag on the weekly chart suggests a $182,200 target, with analysts predicting Bitcoin’s price...

Germany seizes $38M in crypto from Bybit hack-linked eXch exchange


German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen after Bybit’s record-breaking $1.4 billion hack.The seizure, announced on May 9 by Germany’s Federal Criminal Police Office (BKA)...

US Stablecoin bill blocked as Democrats withdraw support


The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on May 8, dealing a slight blow to cryptocurrency regulation in the country.The bill, sponsored by Senator Bill Hagerty and co-sponsored...

Trump tricked into pushing XRP for crypto reserve: Report


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...

SEC considers new rules easing security token issuance


Updated to correct that the SEC sent a Wells notice to Uniswap but did not bring charges.The US Securities and Exchange Commission (SEC) is considering rule changes to let companies more freely issue tokenized securities, SEC Commissioner Hester Peirce said in a speech published on May 8.The...

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