Month: May 2025

The New York State Attorney General asked the U.S. Securities and Exchange Commission to openly declare Ethereum’s ether (ETH) was a security, not a commodity, during the state’s prosecution of KuCoin in 2023, according to a document revealed by Coinbase Inc. in a trove of agency communications released on...

Jack Mallers’ bitcoin (BTC) payments app Strike is set to move into the BTC lending business. Strike plans to offer users a means of borrowing fiat while continuing to HODL bitcoin, Mallers wrote in a post on X on Wednesday. “You shouldn’t have to sell the best-performing asset in...

One of the Uniswap DAO’s top contributors walked away in frustration on Monday amid concerns that other stakeholders wield too much power over the decentralised protocol. Pepo, a pseudonymous delegate whom other token holders entrusted to vote on their behalf, had participated in Uniswap’s governance since 2023. He wielded...

In financial markets, making assumptions based on short-term observations is a fool’s errand, as significant trends develop over months and years, not days or weeks. But as investors evaluate bitcoin’s role in their portfolios, the events of April are worth analyzing in order to understand the asset’s emerging reputation...

Institutional funds currently hold about 3.3 million ether (ETH), or roughly 3% of the circulating supply, through exchange-traded funds (ETFs). With 27% of ETH already staked, these ETF holdings alone could increase the amount of total staked ETH by more than 10%. And that’s without factoring in additional inflows...

Tether, the issuer of USDT stablecoins, and LINE, a popular messaging app known for its all-in-one functionality, have entered into a strategic partnership plan to expand Tether’s presence in the Asian market. The alliance, announced on 7 May 2025, will enable LINE users to send and receive USDT within...

Crypto markets took a hit after the India and Pakistan war kicked off, with India launching precision strikes in Kashmir on Tuesday, reigniting tensions between the two nuclear-armed neighbors. The geopolitical flare-up sent a jolt through digital assets, with Bitcoin, Ethereum, and Solana all dropping as investors moved to...

Markets are holding their breath ahead of the Federal Reserve’s FOMC decision today. Crypto is no exception.  Bitcoin and Ethereum have already started to twitch upwards, reflecting the broader tension across risk assets. With rate cuts still off the table, crypto investors are unanimously asking: WTF is this traitorous...

One of Mexico’s wealthiest entrepreneurs has made a dramatic social media claim that Bitcoin is a better investment than property. Ricardo Salinas Pliego, worth nearly $6 billion, expressed the view on his X (formerly Twitter) page this week. He described purchasing a home as an “expense” and encouraged individuals...

Bitcoin (CRYPTO: BTC) is up to nearly $97,000, boosted by renewed liquidity from China and heightened anticipation around the FOMC’s interest rate decision. But traders remain split on whether this marks the start of another rally or a setup for another correction. What Happened: Crypto trader CJ remains cautious....