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Shares of Basel Medical Group are down around 15% after the healthcare company announced plans to buy $1 billion in Bitcoin for its corporate treasury. On May 16, Singapore-based Basel said it was “in advanced discussions with a consortium of institutional investors and high-net-worth individuals […] to acquire a US$1 billion BTC through an innovative … Read more
Christy Goldsmith Romero of the US Commodity Futures Trading Commission (CFTC) will step down on May 31, leaving three seats open at the financial regulator. In a May 16 announcement, Romero said her last day at the agency would be on May 31, ahead of her initial plans to leave if the Senate confirmed former … Read more
Key points: A Bitcoin price close above $105,000 could accelerate momentum and trigger a rally to $130,000. Ether continues to gain strength, which is being mirrored by many altcoins. Bitcoin (BTC) has been consolidating between $100,718 and $105,819 for the past few days, indicating a balance between supply and demand. A positive sign is that … Read more
Stablecoins have transitioned from experimental projects to essential components of global payment systems, driven by speed, regulatory clarity, and infrastructure readiness, according to Fireblocks’ 2025 State of Stablecoins report. Fireblocks’ Survey: 90% of Firms Have Stablecoin Initiatives Underway The report, based on a survey of 295 financial executives, reveals that 90% of firms are actively … Read more
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams. While less than 1% of Coinbase’s active monthly users were reportedly affected, the expected remediation and reimbursement expenses range from $180 million to $400 million, … Read more
Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly public company. CRWV stock climbed as much as 26.3% in New York trading, pushing its market capitalization above $38 billion. Trading volumes were more than … Read more
This content is provided by a sponsor. PRESS RELEASE. Xrpturbo (XRT), an AI Agent Launchpad on the XRP Ecosystem is defying market conditions and capturing attention with an impressive 80% price surge in just 30 days according to Coingecko, outperforming several prominent XRP ecosystem tokens. Xrpturbo is rapidly becoming one of the most promising projects … Read more
Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand. In an interview with Cointelegraph at Consensus 2025 in Toronto, the executive said that Bitwise’s Bitcoin price prediction model is driven exclusively by supply and demand metrics. Hougan … Read more
Over the past week, speculation has circulated suggesting that Ukraine might move to establish a strategic bitcoin reserve (SBR). A senior government official reportedly indicated that a formal bill could soon be presented to the Ukrainian parliament. Although the bill submission scenario remains plausible, some reports claim the country already possesses more than 46,000 BTC. … Read more
The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association and advocacy group. Speaking to Cointelegraph at Consensus 2025, Carbone argued it is in the best interests of … Read more
