A bitcoin (BTC) breakout earlier this week has traders eyeing the $100,000 level in the coming days, a euphoric trade that could be short-lived as May’s seasonality approaches. “Historically, the next couple of months have been weak for financial markets, with many investors abiding by the Sell in May and Walk Away adage,” Jeff Mei, … Read more
Crypto exchange KuCoin said that it may reenter South Korea after its platform was blocked in the country. On March 21, South Korean regulators ordered Google Play to block access to exchanges that were not compliant with the requirements needed to operate in the country. On April 11, South Korea’s Financial Services Commission (FSC) ordered … Read more
Crypto exchange Kraken reported $472 million in revenue for the first quarter of 2025, up 19% from a year earlier despite a softening crypto market. The exchange’s adjusted EBITDA (profit before deductions) reached $187 million, a 17% rise year-over-year. Trading volume on the platform, rose 29% year-over-year, and funded accounts grew by 26%, while assets … Read more
The algorithmic trading firm announced that it is dropping all exposure to Ethereum, calling it “statistically broken.”
The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027. Under the new Anti-Money Laundering Regulation (AMLR), credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies. “Article 79 of the … Read more
Google is rolling out a privacy-focused upgrade to its Wallet service that uses zero-knowledge proof (ZKP) technology for age verification, per a release. The company said that the dating app Bumble, among others, will be one of the first partners to use this system. Bumble will use digital IDs issued through Google Wallet for user … Read more
By Francisco Rodrigues (All times ET unless indicated otherwise) Markets seem bullish ahead of the jobs report due later Friday, with bitcoin (BTC) rising toward $97,000 after stocks rose for an eighth straight day on Thursday. That gave the S&P 500 its longest rally since August as investors grew more confident that trade tensions between … Read more
Why are refunds important in stablecoin payments? Anyone who has used traditional payment systems will likely be familiar with refunds and chargebacks. If a purchase goes wrong, like receiving damaged items or not receiving the product at all, the payer can file a complaint with the seller to recover their funds. This process of refunds … Read more
Key points: Bitcoin long-term holders are about to hit a level of unrealized profit, which has traditionally caused them to sell. That level coincides with the return to a six-figure BTC price. Order book data suggests that bulls may not succeed in keeping the upside going. Bitcoin (BTC) risks a “notable increase” in selling from … Read more
Movement Labs confirmed the suspension of its co-founder, Rushi Manche, following controversies over a market maker deal that he brokered. Movement announced the suspension of Manche in a May 2 X post, explaining that the “decision was made in light of ongoing events.” The decision follows Coinbase’s recent decision to suspend the Movement Network (MOVE) … Read more
The U.K.’s Financial Conduct Authority (FCA) is seeking views on intermediaries, staking, lending, borrowing, and decentralised finance (DeFi), in a discussion paper released on Friday. The discussion paper follows draft legislation by the Treasury that was announced on Tuesday. Once the legislation passes it will bring specific crypto activities within the FCA’s regulation, the regulator … Read more
As the crypto space developed, blockchain use cases expanded from simple digital currencies and non-fungible tokens (NFTs) to more complex areas such as digital identity verification and telecommunications. Ahead of the Token2049 event in Dubai, Cointelegraph spoke with Spacecoin CEO Stuart Gardner, Spacecoin founder Tae Oh, and Humanity Protocol founder Terrence Kwok to explore how … Read more
Opinion by: Merav Ozair, PhD Lately, stablecoins are everywhere — this time around, headed by “traditional” financial institutions. Bank of America and Standard Chartered are considering launching their own stablecoin, joining JPMorgan, which launched its stablecoin, JPM Coin — rebranded as Kinexys Digital Payments — to facilitate transactions with their institutional clients on their blockchain … Read more
Tokyo-based Metaplanet (3350) has issued 3.6 billion yen (around $24.8 million) in bonds to fund additional purchases of bitcoin (BTC) after the Japanese hotel firm’s holdings surpassed 5,000 BTC. According to a notice from the company, the newly issued bonds were sold entirely to EVO FUND. The bonds carry no interest and will be redeemed … Read more
Ahead of its upcoming game launch, Claynosaurz will drop a new NFT collection on Sui, alongside achievement badges and more.
What is AGI? When the lines blur between man and machine, you’re looking at artificial general intelligence (AGI). Unlike its counterpart, artificial narrow intelligence (ANI), which is the use of AI for solving individual problem statements, AGI represents artificial intelligence that can understand, learn and apply knowledge in a way that is indistinguishable from human … Read more
Optimism for dogecoin (DOGE) and XRP based exchange-traded funds (ETFs) is rising sharply with crowd sentiment shifting in favor of both tokens, social data from Santiment in a Thursday update shows. Monitoring social commentary can be used alongside technical tools in a trading strategy, as positive chatter tends to support price rises, while negative chatter … Read more
Senate Republicans are moving to fast-track the first U.S. stablecoin framework despite opposition from banks and crypto firms.
Playtron is gearing up to launch a Sui stablecoin custom-built for gaming in its handheld ecosystem, including the SuiPlay0X1.
Online discussions about memecoins have hit a year-to-date high, gaining considerable attention after sentiment cooled earlier in the year, according to onchain analytics platform Santiment. Two weeks ago, discussions around Bitcoin (BTC) and layer-1 protocols peaked during the market volatility brought on by the Trump administration’s sweeping tariffs. However, that’s since shifted to high market … Read more
Movement Labs suspends co-founder after 66M MOVE token dump triggers audit, Binance freeze, and Coinbase delisting.
Bitcoin miner Riot Platforms has reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same time last year and it moves to bolster its facilities. “We achieved a new record for quarterly revenue this quarter, at $161.4 million,” Riot CEO Jason Les said in a … Read more
Bitcoin (BTC) is trading above $97,000 during the Asian morning hours as the market breathes a sigh of relief that the U.S. and China are said to be working on a trade deal, even if the market is also skeptical that a deal will be reached this month. “The U.S. has proactively reached out to … Read more
The US Treasury Department wants to block the Cambodia-based Huione Group from accessing the US banking system, accusing it of helping North Korea’s state-backed Lazarus Group to launder its crypto. The Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed on May 1 to prohibit US financial institutions from opening or maintaining correspondent or payable-through accounts for … Read more
The Financial watchdog proposed severing the Cambodian conglomerate from the U.S. banking system, citing its links to North Korea.
The US Securities and Exchange Commission has filed to drop another of its crypto lawsuits, this time its unregistered securities sales case against crypto influencer and YouTuber Ian Balina. The SEC said in a May 1 joint stipulation with Balina to an Austin federal court that it “believes the dismissal of this case is appropriate,” … Read more
A Texas Republican pushes to install crypto ATMs in federal buildings, aiming to align with what they describe as part of “Trump’s vision.”
Movement Labs announced today on X that it had suspended co-founder Rushi Manche. The move to suspend Manche comes as Coinbase delisted the MOVE token. Coinbase moved to suspend trading of MOVE following a report by CoinDesk that revealed Movement Labs is investigating how a market maker tied to Web3Port acquired and dumped over 5% … Read more
Decentralized finance (DeFi) lending platform Sky has pitched a proposal to finalize its upgrade from Maker by replacing its governance token and enabling staking. The proposal, posted on May 1 to Sky’s decentralized autonomous organization (DAO) forum, would see the Sky (SKY) token take over the Maker (MKR) token as the protocol’s governance token. If … Read more
US crypto exchange Kraken has detailed a North Korean hacker’s attempt to infiltrate the organization by applying for a job interview. “What started as a routine hiring process for an engineering role quickly turned into an intelligence-gathering operation,” the company wrote in a May 1 blog post. Kraken said the applicant’s red flags appeared early … Read more