Month: May 2025

El Salvador’s economy minister reiterated the country’s resolve to hoard more Bitcoin (CRYPTO: BTC) Tuesday despite the International Monetary Fund’s requirement to reduce exposure to the leading cryptocurrency. What happened: During an interview with Bloomberg, Maria Luisa Hayem called Bitcoin an “important project” initiated by President Nayib Bukele. “There’s...

After weeks of sideways movement, Hyperliquid has reclaimed the $20 level, suggesting a possible shift in momentum. A distinct bounce above the middle Bollinger Band can be seen on the daily chart, with the price now testing the upper band.…...

XRP’s price briefly dropped to a low of $2.15 on Apr. 30, sparking a major bias in liquidations. According to Coinglass data, $13.9 million in long positions were liquidated in just 24 hours, compared to only $1.49 million in shorts,…...

Sam Altman’s controversial blockchain project, World, is launching in the U.S. – and said it intends to roll out 7,500 eye-scanning “orbs” in cities across the country by the end of the year. World’s orbs — chrome, bowling ball-shaped devices that scan a person’s eyeballs to confirm their identity —...

The odds that the U.S. slips into recession in 2025 sailed to a record high Wednesday on Polymarket after first-quarter GDP showed a contraction. What happened: Odds jumped to 72% in the early hours on the Polygon (CRYPTO: POL)-based betting platform before dipping to 62% late in the evening. ...

The second-largest crypto asset, Ethereum, is again capturing market attention as bullish momentum builds, but its path to reclaiming higher price levels and maintaining a strong rally is far from guaranteed. As ETH shows strength, crypto analysts point to key zones that might bolster the altcoin’s renewed upward trend....

TL;DR The L2 blockchain solution reached a fresh milestone, but SHIB’s price is down 3% for the day. Weak token burns and rising exchange inflows indicate that the pullback may intensify in the short term. Hitting Another Target Shiba Inu (SHIB) remains one of the most popular crypto projects,...

Tesla’s search for a new CEO highlights the need for stable leadership to navigate market challenges and sustain investor confidence. The post Tesla board quietly begins search for Musk’s successor amid company challenges: WSJ appeared first on Crypto Briefing....

Robinhood Markets Inc. (NASDAQ:HOOD) reported a marked decline in its cryptocurrency revenue in the first quarter as compressed prices hampered trading activity. What happened: The commission-free trading platform released its quarterly financials after Wednesday’s market close and disclosed a cryptocurrency notional trading volume of $252 million, up 100% year-over-year...

Leading cryptocurrencies were muted on Wednesday even as negative GDP growth stoked recession concerns. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m. ET) Bitcoin (CRYPTO: BTC) -0.26% $94,289.48 Ethereum (CRYPTO: ETH)                -0.62% $1,796.30 Dogecoin (CRYPTO: DOGE)           -1.73% $0.1728 What Happened: Bitcoin tumbled below $92,000 in the early trading hours...