Bitcoin to $250K in 2025 ‘totally possible’ — crypto analyst Scott Melker
Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to Scott Melker, a crypto analyst and host of The Wolf of All Streets podcast. Speaking in a recent interview, Melker cited growing institutional interest and diminishing volatility as key factors that could drive the next leg up. “250K […]
Everstake defends non-custodial staking as SEC weighs industry input
The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers globally, to explore clearer regulatory definitions around staking in blockchain networks. The meeting, which also involved the SEC’s Crypto Task Force, comes at a time when over $193 billion in digital assets are staked across major […]
New Zealand man arrested in $265M crypto scam tied to FBI probe
A man from Wellington, the capital city of New Zealand, has been arrested in connection with an FBI-led investigation into a global cryptocurrency fraud operation that allegedly stole $450 million New Zealand dollars ($265 million). According to New Zealand Police, the man is one of 13 individuals charged after authorities executed search warrants across Auckland, […]
Panama City mayor teases Bitcoin reserve after meeting El Salvador’s Bitcoin leaders
Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of El Salvador’s Bitcoin policy leaders. “Bitcoin Reserve,” Mizrachi wrote to X on May 16 after meeting El Salvador-based Bitcoiners Max Keiser and Stacy Herbert. While Mizrachi didn’t share details about his discussions […]
Paraguay deports three undocumented immigrants after crypto mining theft attempt
Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam. According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the men were caught by police soon after breaking into a locked section of Teratech SA’s facility in Coronel […]
French crypto entrepreneurs to receive extra security amid recent kidnappings: Report
Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported. According to the May 16 report, the measures include priority access to police emergency lines, home security assessments, and safety briefings from French law enforcement to ensure best practices are being […]
Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highs
Key takeaways: Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces. On-chain data suggests the current profit taking is too weak to extinguish Bitcoin’s current price momentum. Bitcoin (BTC) price has spent the bulk of the week pinned […]
Tokenization makes investing more accessible — Robinhood exec
Tokenization could open new opportunities for retail investors to access traditionally restricted asset classes, according to Johann Kerbrat, senior vice president and general manager of Robinhood Crypto, who called it “very important for financial inclusion.” Speaking at the Consensus 2025 event in Toronto, Kerbrat said that some real-world assets, such as real estate and private […]
Sequoia Capital exec also a victim in Coinbase data breach — Report
At least one partner at Sequoia Capital was reportedly impacted by the recent data breach among Coinbase users, suggesting that data from others at the venture capital firm may also have been compromised. According to a May 16 Bloomberg report, Sequoia Capital Managing Partner Roelof Botha’s personal information available through his Coinbase account was stolen […]
Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst
Key takeaways: The total altcoin market cap (excluding ETH) gained $126 billion in Q2, fueling speculation of an altseason. The altcoin market cap, excluding Ether (ETH), has added $126 billion in Q2, sparking enthusiasm from analysts who have been waiting for an altseason. Crypto analyst Javon Marks noted a breakout that could rival the explosive […]