Bitcoin (BTC) enjoyed its weekly dose of volatility late Sunday, rising to around $107,000, before decisively plunging back to $102,000. The crypto market typically experiences a bump in volatility at this time on Sunday as it coincides with the opening of the CME futures market, which takes a few moments to recalibrate to the lower … Read more
A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. On May 19, the Australian Financial Review (AFR) reported that the decision arose within a … Read more
Microsoft’s annual developer conference kicks off today in Seattle, Washington, during the same week Google hosts its own I/O developer event in Mountain View, California. Build will be focused on Microsoft’s latest platform changes for developers, including new AI announcements that are bound to go head-to-head with Google’s own news. Microsoft is streaming Build online … Read more
The chip manufacturer is set to power Taiwan’s next-gen sovereign AI projects as it deepens its global research footprint.
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By James Van Straten (All times ET unless indicated otherwise) Bitcoin BTC started the week on a positive note, rising above $107,000 — the highest since Jan. 24, according to CoinDesk data —before pulling back to $102,000 during the Asian morning. Despite the retracement, the largest cryptocurrency continues to trend upward, forming higher highs and … Read more
Crypto investment products in the United States have attracted over $7.5 billion worth of investment in 2025, with a fifth week of net positive inflows last week signaling growing investor demand for digital assets. US-based crypto investment products attracted $785 million worth of investment last week, pushing the year-to-date (YTD) total to over $7.5 billion, … Read more
The group offered “illegal hawala banking, cash collection, cash courier services, and the exchange of cryptocurrencies for cash,” Europol said.
Revolut, a European neobank with crypto support, plans to invest more than 1 billion euro ($1.1 billion) in France and apply for a local banking license. According to a May 19 Fortune report, Revolut representatives announced the initiative during the Choose France business summit hosted by President Emmanuel Macron in Paris. The London-based neobank also … Read more
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Worldcoin, now World Network, faces global scrutiny over its biometric data collection model as it prepares for a US launch.
Solana’s Anatoly Yakovenko sparks debate with his vision of a ‘meta blockchain’—a unified ledger that merges data from Ethereum, Celestia, Solana, and beyond.
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Deel has lobbed a new volley in the ongoing legal battle with rival HR tech startup Rippling. Deel filed a motion, containing a series of letters, asking the Irish court to make Rippling hand over information. In one letter, Deel wants unredacted versions of witness affidavits, including the famed one by former Rippling employee, Keith … Read more
Dubai’s crypto regulator has given licensed digital asset companies until June 19 to comply with its updated activity-based Rulebooks to enhance market integrity and risk oversight. On May 19, Dubai’s Virtual Assets Regulatory Authority (VARA) announced that it had released Version 2.0 of the Rulebooks. The regulator said it had strengthened controls around margin trading … Read more
From the Taklimakan Rally to the art world, Aliyyah Koloc merges speed, heritage, and technology to show how young voices can lead the next evolution of sports
Dubai’s crypto regulator Virtual Asset Regulatory Authority (VARA) has updated its rulebook for digital asset trading. The emirati regulator has introduced greater leverage controls and collateralization requirements through provisions in its Broker-Deal and Exchange Rulebooks. This will help VARA’s rules to align with global risk standards, the regulator said in an emailed announcement on Monday. … Read more
Tether, the $151 billion stablecoin issuance giant, has surpassed Germany in United States Treasury bill holdings, showcasing the benefits of a diversified reserve strategy that has helped the firm navigate the volatility of the cryptocurrency market. Tether, the issuer of the world’s largest stablecoin, USDt (USDT), has surpassed Germany’s $111.4 billion worth of US Treasurys, … Read more
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Bitcoin (BTC) starts a new week with a long-awaited breakout from a narrow trading range around $103,000. BTC price action grabs liquidity before reversing to its starting position, liquidating many an emotional trader on the way. A fakeout or a taste of things to come? The May 18 daily and weekly close nonetheless became Bitcoin’s … Read more