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Dubai Finance (DOF) has partnered with cryptocurrency platform Crypto.com to enable cryptocurrency payments for government service fees, marking the first such initiative by a government globally, officials announced Monday. Dubai Finance Signs MoU with Crypto.com for Digital Dirham Conversions Dubai Finance (DOF) signed a Memorandum of Understanding (MoU) with cryptocurrency exchange Crypto.com on May 12, … Read more
James Toledano says bitcoin’s breakout to $110,000 is within reach, but he warns that the crypto asset’s rebound is currently driven more by sentiment than by strong fundamentals. Bitcoin Rebound Hollow U.S. President Donald Trump’s retreat from his aggressive tariff rhetoric, coupled with the thaw in U.S.-China trade relations, places bitcoin’s $110,000 breakout within reach, … Read more
Polymarket bettors currently place a 56% probability on U.S. President Donald Trump abolishing the long-term capital gains tax in 2025. Though Trump has yet to address the matter directly, policy documents aligned with his agenda—as well as proposals from right-leaning think tanks—have consistently championed a dramatic reduction of the capital gains tax. Trump Tax Twist? … Read more
Amber International has introduced a $100 million crypto ecosystem reserve, leveraging AI-driven strategies to invest in select digital assets and foster institutional adoption. The initiative includes strategic partnerships and operates under a strong risk management framework to ensure secure and compliant investment pathways. Amber’s AI-Powered $100 Million Reserve Targets High-Conviction Digital Assets Amber International Holding … Read more
Bitcoin-focused firm Nakamoto merges with KindlyMD in a $710 million deal to launch a BTC-infused public treasury. Bitcoin-Fueled Takeover: Nakamoto and KindlyMD Forge $710M Deal KindlyMD, Inc. (Nasdaq: KDLY), a Utah-based healthcare provider, will merge with bitcoin-native holding company Nakamoto Holdings Inc. to establish a publicly traded entity focused on building a bitcoin treasury, backed … Read more
Coinbase has launched 24/7 trading for bitcoin and ethereum futures, becoming the first CFTC-regulated exchange in the U.S. to offer continuous access to leveraged crypto futures. This initiative enables traders to manage risk and seize opportunities in real-time, reflecting the always-on nature of the crypto markets. U.S. Traders Gain Uninterrupted Access to Crypto Futures with … Read more
Pi Network’s token experienced a significant surge, briefly entering the top 20 digital assets after rising over 72% in less than 48 hours. This rally occurred just before a major ecosystem announcement scheduled for May 14. Upcoming Pi Network Ecosystem Announcement Fuels Rally On May 12, Pi Network, a social cryptocurrency and developer platform, briefly … Read more
Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, Bolivia completes a crypto comeback story by announcing its digital currency, the Brazilian stock exchange launches SOL and ETH futures, and Belo Horizonte aims to become a bitcoin capital. De-Dollarization … Read more
Stablecoin market capitalization declined by $36.95 million over the past week, reflecting a marginal 0.02% contraction. Weekly Stablecoin Market Shrinks by $36.95M The total market cap for stablecoins currently stands at $242.97 billion, according to data from defillama.com. Despite the small drop, the stablecoin sector remains resilient with major tokens like tether ( USDT) reinforcing … Read more
Florida teenagers are facing charges of kidnapping and stealing $4 million in cryptocurrency and non-fungible tokens. Teenagers to Be Tried As Adults Three Florida teenagers are reportedly facing charges of kidnapping and stealing $4 million in cryptocurrency and non-fungible tokens (NFTs) from a Las Vegas-based man. The suspects have been identified as Belal Ashraf and … Read more
