Bitcoin Price Watch: Market Hovers Below $104K as Traders Eye Breakout

Bitcoin traded at $103,895 on May 18, 2025, with a total market capitalization of $2.064 trillion. The 24-hour trading volume reached $19.865 billion, with an intraday range between $102,771 and $104,002, reflecting a narrow band of consolidation near historic highs. Bitcoin Bitcoin’s short-term outlook, as illustrated on the 1-hour chart, signals a gradual uptrend marked … Read more

Crypto Exchanges Oppose Brazil’s Stablecoin Self-Custody Ban

Crypto actors see the ban proposal, spearheaded by the Central Bank of Brazil, as excessive and explain that this move might push companies to operate offshore. An alternative proposal that substitutes the proposed ban with a reporting system was also recently floated. Exchanges Say Stablecoin Self-Custody Ban Proposal Could Push Crypto Offshore in Brazil The … Read more

Retired artist loses $2M in crypto to Coinbase impersonator

Retired artist Ed Suman lost over $2 million in cryptocurrency earlier this year after falling victim to a scam involving someone posing as a Coinbase support representative. Suman, 67, spent nearly two decades as a fabricator in the art world, helping build high-profile works such as Jeff Koons’ Balloon Dog sculptures, according to a May … Read more

Report: VCs See Stablecoins as Crypto’s ‘Killer App’

Despite the geopolitical tensions from the U.S. trade war causing a decline in most liquid tokens, venture capitalists continued to focus on the core utility of cryptocurrencies, particularly stablecoins. VCs’ Growing Positive View of Stablecoins Although the geopolitical tensions sparked by the U.S. trade war resulted in a quarter-long giveback of gains across most liquid … Read more

UK to require crypto firms to report every customer transaction

United Kingdom crypto companies will need to collect and report data from every customer trade and transfer beginning Jan. 1, 2026 as part of a broader effort to improve crypto tax reporting, the UK government said. Everything from the user’s full name, home address and tax identification number will need to be collected and reported … Read more

AUSTRAC Fines Crypto Exchange Cointree for Reporting Failures

The Australian Transaction Reports and Analysis Centre has issued infringement notices totaling $75,120 to cryptocurrency exchange Cointree for failing to submit suspicious matter reports on time. Cointree Fined Despite Self-Reporting The Australian financial intelligence agency, the Australian Transaction Reports and Analysis Centre (AUSTRAC), has issued infringement notices totaling $75,120 to cryptocurrency exchange Cointree for failing … Read more