Crypto Trading Firm and OTC Desk Wintermute Enters US Market

Wintermute, a global algorithmic crypto trading firm and over-the-counter (OTC) desk, opened its U.S. headquarters in New York City on May 15, 2025, and appointed former Blockchain Association lobbyist Ron Hammond as head of policy and advocacy. Crypto Liquidity Provider Wintermute Sets Up New York Headquarters According to the announcement shared with Bitcoin.com News, Wintermute’s … Read more

Bitcoin traders’ evolving view of BTC’s role in every portfolio bolsters $100K support

Key takeaway: Bitcoin’s struggles to overtake the $105,000 level as US macroeconomic headwinds remain a challenge. Steady inflows from institutional investors and the strength of the $100,000 support point to growing confidence in Bitcoin. Bitcoin (BTC) has struggled to break above $105,000 since May 10, leading traders to question whether the bullish momentum has faded. … Read more

Asset tokenization expected to speed capital flows, says Chainlink’s Nazarov

Asset tokenization is set to accelerate the movement of capital across traditional markets, according to Chainlink co-founder Sergey Nazarov. Speaking with Cointelegraph at Consensus 2025 in Toronto, Nazarov said the shift will boost capital velocity in asset classes such as treasuries, equities, private credit, commercial debt, and real estate. “I think that there are two … Read more

SEC Probes Coinbase’s Discontinued ‘Verified User’ Claims: NYT 

The New York Times (NYT) reported Thursday that the Securities and Exchange Commission is investigating whether Coinbase misrepresented its now-discontinued “verified user” metric in past disclosures, according to David Yaffe-Bellany and Matthew Goldstein. The probe, citing over 100 million users in filings until 2023, began under the Biden administration and continues under President Trump’s SEC, … Read more

Bitdeer Q1 revenue falls more than 40% year-over-year

Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the Bitcoin miner said on May 15.  The Singaporean company clocked an operating loss of $3.2 million for the quarter, down from a $34.1 million profit during the same period last year, its earnings release said.  … Read more

FTX estate to start distributing more than $5B on May 30

More than two-and-a-half years after filing for bankruptcy, cryptocurrency exchange FTX is moving forward with repaying users who have not had access to their funds. In a May 15 notice, the FTX Recovery Trust announced that it would begin disbursing funds to the second group of parties eligible under the exchange’s reorganization plan. Starting on … Read more

FTX Creditors to Receive Over $5B in Second Payout Starting May 30

The FTX Recovery Trust explained on Thursday that it will distribute more than $5 billion to creditors starting May 30, 2025, as part of its court-approved Chapter 11 bankruptcy reorganization plan. Distribution Date Set for FTX’s $5B Creditor Repayment The distribution, the second under FTX’s reorganization plan, will pay creditors across multiple claim classes. Class … Read more

Stablecoin regulation ‘next catalyst’ for crypto industry — Aptos head

Stablecoin regulation is “the next catalyst” for the crypto industry and could lead to unprecedented “appetite from institutional investors,” according to Ash Pampati, head of ecosystem at the Aptos Foundation. In an interview with Cointelegraph at Consensus 2025 in Toronto, Pampati said that “the whole world outside of the United States […] has already jumped … Read more

Lightchain Protocol AI Opens $150,000 Developer Grant Program to Onboard Top Blockchain Builders

This content is provided by a sponsor. Lightchain Protocol AI, a cutting-edge Layer-1 blockchain built to power decentralized artificial intelligence, has officially launched its Developer Grant Program, calling on seasoned developers, innovative startups, and ecosystem builders to join its rapidly growing ecosystem. The initiative aims to attract talent from across the Web3 space by offering … Read more

Solana network activity surge and ‘megaphone’ chart pattern set $210 SOL price target

Key Takeaways: Solana formed a megaphone chart pattern with a potential $210 price target. Solana’s ecosystem growth highlights renewed investor interest with a $4 billion realized cap increase and 731 million transactions. Solana (SOL) price tested its key resistance at $180 earlier this week, but the altcoin failed to establish a position above the level. … Read more