ETH, DOGE, XRP Down 3% as Moody’s Downgrades U.S. Credit Rating
Crypto markets slipped alongside stocks after Moody’s cut the U.S. sovereign credit score to Aa1, triggering risk-off sentiment and fresh concerns over government debt and macro stability.
Undervalued Ether Catching Eye of ETF Buyers as Rally Inbound: CryptoQuant
ETH’s rally is fueling investor expectations for a new ‘Alt season’, according to a recent CryptoQuant report.
New Zealand man arrested in $265M crypto scam tied to FBI probe
A man from Wellington, the capital city of New Zealand, has been arrested in connection with an FBI-led investigation into a global cryptocurrency fraud operation that allegedly stole $450 million New Zealand dollars ($265 million).Acc…
Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders
Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of El Salvador’s Bitcoin policy leaders.“Bitcoin Reserve,” Mizrachi wrote to X …
Paraguay deports three undocumented immigrants after crypto mining theft attempt
Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam.According to a May 15 statement from Paraguayan prosec…
Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highs
Key takeaways: Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces. On-chain data suggests the current profit taking is too weak to extinguish B…
French crypto entrepreneurs to receive extra security amid recent kidnappings: Report
Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported.According to the May 16 report, the measures include priority …
U.S. Stablecoin Bill Could Clear Senate Next Week, Proponents Say
Senator Bill Hagerty, who backed the Senate’s version of the legislation, predicted the body will “make history” next week by passing the bill.
Tokenization makes investing more accessible — Robinhood exec
Tokenization could open new opportunities for retail investors to access traditionally restricted asset classes, according to Johann Kerbrat, senior vice president and general manager of Robinhood Crypto, who called it “very impo…
Filecoin, Lockheed Martin send data in space using decentralized data protocol
The Filecoin Foundation and Lockheed Martin Space have successfully transmitted data in space using a version of the InterPlanetary File System (IPFS) on a satellite orbiting Earth, Marta Belcher, president of the Filecoin Foundation, …