May 2025 – Page 26

QCP Insights: Market Eyes Bitcoin 2025 Conference as Volatility Remains Elevated

May 28, 2025 by DIGIT

Bitcoin’s price remains range-bound between $107,000 and $110,000 as traders anticipate potential market-moving announcements from the Bitcoin 2025 Conference in Las Vegas. Elevated short-term volatility suggests caution, with historical precedents prompting defensive positioning. Traders Brace for Impact Ahead of Bitcoin’s Largest Annual Gathering Bitcoin‘s price action has been notably restrained, trading within a tight range … Read more

Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’

May 28, 2025 by DIGIT

White House AI and crypto czar David Sacks says the US could buy more Bitcoin if the government can fund the purchase in a “budget-neutral” way without a tax or adding to the growing national debt. Sacks told Gemini co-founders Cameron and Tyler Winklevoss during a May 27 fireside chat at the Bitcoin 2025 conference … Read more

IMF says El Salvador to make ‘efforts’ to stop Bitcoin buys with $120M payments deal

May 28, 2025 by DIGIT

The International Monetary Fund said it has reached an agreement with El Salvador to pay the country $120 million following an initial review of its $1.4 billion loan agreement struck last year. The IMF said on May 27 that as part of the deal, El Salvador will need to fulfill its prior obligations around limiting … Read more

Altcoin ‘wildfire’ inbound as trader shuts down bear market fears

May 28, 2025 by DIGIT

A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms. “I don’t understand why people start claiming that a bear market is around the corner,” MN Trading Capital founder Michaël van de Poppe said … Read more

Thailand Signals Openness to Controlled Crypto Conversion

May 28, 2025 by DIGIT

Thailand is weighing a potential leap into regulated crypto services and blockchain bond tokens, signaling growing openness to digital finance while maintaining strict oversight safeguards. Thailand Weighs Crypto-Linked Services Under Tight Controls Thailand may explore ways to link cryptocurrency with certain services under strict oversight, Finance Minister Pichai Chunhavajira stated during an investment seminar on … Read more

Trump’s CFTC pick Quintenz discloses crypto links, $3.4M assets

May 28, 2025 by DIGIT

US President Donald Trump’s pick to chair the Commodity Futures Trading Commission has disclosed millions of dollars worth of assets, along with his various ties to crypto-related organizations. In paperwork released by the US Office of Government Ethics on May 25, Brian Quintenz disclosed his key positions in crypto and market firms that would directly … Read more

CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’

May 28, 2025 by DIGIT

Outgoing US Commodity Futures Trading Commission commissioner Christy Goldsmith Romero says the exodus of the agency’s top brass is “not a great situation” for crypto regulations. The CFTC could be headed by just one commissioner once the other four depart later this year, which Goldsmith Romero said in a May 27 interview at the Brookings … Read more

Rep. Steil urges restraint on adding ‘non-germane items’ to crypto bills

May 28, 2025 by DIGIT

US Representative Bryan Steil wants lawmakers to stop adding “non-germane items” into two key crypto bills, claiming that doing so is slowing the implementation of a regulatory framework for the industry. “Individuals, when they see legislation that’s going to move forward, want to attach non-germane items to any bill that’s going to move through and … Read more

France Detains 24 in Explosive Crypto Kidnapping Plots

May 28, 2025 by DIGIT

A string of violent abduction attempts targeting crypto elites has rocked France, sparking national security concerns and urgent industry warnings. France Charges 24 in Multi-Million Euro Crypto Kidnapping Conspiracy French authorities disclosed Tuesday that 24 individuals have been arrested this week in connection with a series of attempted kidnappings targeting high-profile figures in the cryptocurrency … Read more

BRICS Bank Fuels Russia’s De-Dollarization Push—Global Finance Faces Reset

May 28, 2025 by DIGIT

Russia is turbocharging its de-dollarization drive through the BRICS Bank, championing non-dollar financing and pushing a multipolar system to disrupt Western dominance in global finance. Russia Unleashes Non-Dollar Push With BRICS Bank—Is the USD Era Crumbling? Russian Deputy Foreign Minister Sergey Ryabkov reaffirmed Russia’s strategic engagement with the BRICS New Development Bank (NDB) to advance … Read more