Day: May 17, 2025

ETH, DOGE, XRP Down 3% as Moody’s Downgrades U.S. Credit Rating

Major tokens slumped Saturday as investors digested the implications of Moody’s Ratings downgrading the U.S. credit score, with ether (ETH), XRP, and dogecoin (DOGE) dropping roughly 3%. The broader crypto market held at $3.3 trillion, paring earlier gains after briefly touching the week’s high. The move came after rating giant Moody’s cut the U.S. sovereign credit rating to Aa1 from Aaa, citing the country’s swelling deficits, rising interest expenses, and a lack of political will to rein in spending. The firm now joins Fitch and S&P in assigning a rating…

🚨 ELON MUSK TALKS ABOUT XRP & CRYPTO! 🤯

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Elon Musk at a Townhall in Pittsburg PA is asked about the SEC, XRP, and Crypto. Take a listen to his answers.🖥️ Learn Crypto with Expert Commentary – 💡Get the (Re)Thinking Crypto Book on Amazon – Sponsors: 🌟Uphold – Signup with Uphold. Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. 👉 Easily buy Crypto on Gemini exchange – ⭐️ Learn about BitGo, one of the top crypto custodians – ✅ VeChain is a versatile enterprise-grade L1 smart contract platform…

New Zealand man arrested in $265M crypto scam tied to FBI probe

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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). According to New Zealand Police, the man is one of 13 individuals charged after authorities executed search warrants across Auckland, Wellington, and California over the past three days. The charges stem from allegations that members of an organized criminal group manipulated seven victims to obtain large amounts of cryptocurrency, which was then laundered through multiple…

Ethereum Price Risks Further Crash To $2,350 With Lower Lows Formation

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Ethereum price has ranged low now after making a new monthly high back on Tuesday. This increase had come as a much-needed relief for the crypto market, which…

Why Ethereum is the Best Crypto to Buy Now

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I think Ethereum is the best Crypto to buy right now. With Bitcoin reclaiming $100,000, everyone’s excited about a potential crypto market recovery. And even though Ethereum has been underperforming Bitcoin as of late, it just had its first 20% daily candle in years and went from $1500 to $2400 in a couple of weeks. I’m still bullish as ever on Ethereum, but I wanted to adjust my timeline for when I think ETH can reach my price target. So here’s what…

WLFI Rejects US Senator Blumenthal’s Claims, Denies Zanker Ties

World Liberty Financial Inc. has denied claims of ties to Bill Zanker and his entity, calling these assertions unfounded. Blumenthal Claims Based on ‘Fundamentally Flawed Premise’ The Trump family-affiliated cryptocurrency company World Liberty Financial Inc. (WLFI) has rejected as unfounded assertions that it has ties to Bill Zanker or his company. In a letter, shared […] Source CryptoX Portal

River CEO: Businesses Increasingly Buying Bitcoin

Alexander Leishman, CEO of River, a financial company that provides zero-fee bitcoin recurring purchases services, has highlighted how businesses are increasingly adopting bitcoin as part of their corporate treasury strategy. On social media, Leishman revealed that several companies had enrolled River as part of their bitcoin accumulation processes. He noted that just in the last […] Source CryptoX Portal

Dogwifhat Eyes $1.50 Amid Jump

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Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities…

Panama City mayor teases Bitcoin reserve after meeting El Salvador’s Bitcoin leaders

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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 on May 16 after meeting El Salvador-based Bitcoiners Max Keiser and Stacy Herbert. While Mizrachi didn’t share details about his discussions with Keiser and Herbert, the timing of the post came 11 days before the Bitcoin 2025 conference in Las Vegas, where Mizrachi is scheduled to speak. Source: Mayer Mizrachi The creation of a Bitcoin reserve…