SEC hacker sentenced to 14 months in prison
A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X account saying it would approve spot Bitcoin (BTC) ETFs, to 14 months in prison.Followin…
CFTC commissioner to leave agency on May 31
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 M…
Basel Medical shares down 15% on $1B Bitcoin buying plans
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 wi…
Price predictions 5/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
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 …
Crypto miner turned AI provider CoreWeave adds billions in market cap
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 m…
Bitcoin breaks out while Coinbase breaks down: Finance Redefined
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 mo…
World Liberty’s Stablecoin Now Available on Multiple Networks Via Chainlink
The integration, initially supporting Ethereum and BNB Chain, addresses cross-chain security concerns and aims to expand USD1’s reach, the firms said.
CFTC’s Christy Goldsmith Romero to Leave Agency at End of Month
Her departure will leave the CFTC with just two commissioners, at least until new chair Brian Quintenz is confirmed by the Senate and sworn in.
Bitcoin supply crunch boosts confidence in $200K target for 2025 — Bitwise CIO
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,…
TRX Struggles at $0.278 Resistance as Trade Tensions Weigh on Markets
Tron’s blockchain processes over $1 billion in daily transactions despite price consolidation.