Month: May 2025

Bitcoin’s April gains reflect growing hedge appeal in policy stress, Galaxy Digital says

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Bitcoin’s solid April performance has caught attention, with Galaxy Digital saying investors are starting to rethink its role in portfolios. As markets struggled to find direction in April amid fresh tariffs and growing policy concerns, Bitcoin (BTC) quietly climbed 11%, doing better than gold, tech stocks, and even the U.S. dollar, raising new questions about its role in today’s market, analysts at Galaxy Digital wrote in a recent research report. Galaxy Digital said this may be a sign that investors are beginning to treat Bitcoin “less as a speculative vehicle…

Arizona governor kills two crypto bills, cracks down on Bitcoin ATMs

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Arizona Governor Katie Hobbs vetoed two key cryptocurrency-related bills that aimed to expand the state’s involvement in digital assets while signing a strict regulatory measure targeting Bitcoin ATMs. On May 12, Hobbs rejected Senate Bill 1373, which sought to establish a Digital Assets Strategic Reserve Fund. The fund would have allowed Arizona to hold crypto assets obtained through seizures or legislative allocations. “Current volatility in cryptocurrency markets does not make a prudent fit for general fund dollars,” she stated in her veto letter. “I have already signed legislation this session…

Key Bullish Catalyst for Crypto?

Key Notes The cryptocurrency market cap declined by 1.3% in the past 24 hours. The US inflation data is expected to be released today, May 13. Key indicators suggest a potential bull run for the crypto market. After nearly a month of high volatility and upward momentum, Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B and the broader crypto market are seeing a correction hours before the US Consumer Price Index data release. Bitcoin fell from its local high of $105,000 to $102,600.…

Anchorage Digital Acquires USDM Stablecoin Issuer Mountain Protocol

Crypto bank Anchorage Digital has announced an agreement to acquire Mountain Protocol, the issuer of the USDM stablecoin. Expanding Anchorage’s Stablecoin Capabilities Anchorage Digital, federally chartered crypto bank in the U.S., has announced an agreement to acquire Mountain Protocol, the company behind the USDM stablecoin. The deal, which is still subject to regulatory approval, integrates […] Source CryptoX Portal

Ethereum Stakers Enter Profit Zone as Price Climbs Above $2,400

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Ethereum is following the broader crypto market rally with renewed momentum, registering a 38.2% increase in the past week. At the time of writing, ETH is trading above $2,400, continuing its upward trajectory and narrowing the gap between its current price and its all-time high of $4,878 recorded in 2021. The asset’s recent performance has placed it firmly in line with Bitcoin and other major cryptocurrencies, benefiting from revived market confidence. On-chain activity is also beginning to reflect these price movements, especially among Ethereum stakers. According to data shared by…

Ethereum’s Weekend Rally? Trump Says YES!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Trump just flipped the markets to risk-on, and the effects are immediate! Bitcoin dominance is slipping, opening the door for a major altcoin surge. Is this the start of altcoin season? Here’s what Trump’s signal means for crypto and stocks, and why altcoins may explode next. ___________________________________________ 🗞️ 𝗦𝗶𝗴𝗻 𝘂𝗽 𝗳𝗼𝗿 𝗼𝘂𝗿 𝗖𝗿𝘆𝗽𝘁𝗼 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿𝘀 𝗛𝗲𝗿𝗲! 📬 𝗧𝗵𝗲 𝗗𝗮𝗶𝗹𝘆 𝗖𝗮𝗻𝗱𝗹𝗲 – 📬 𝗚𝗼𝗼𝗱 𝗠𝗼𝗿𝗻𝗶𝗻𝗴 𝗖𝗿𝘆𝗽𝘁𝗼 – 𝗙𝗥𝗜𝗗𝗔𝗬 𝗕𝗔𝗡𝗧𝗘𝗥 𝗕𝗥𝗢𝗨𝗚𝗛𝗧 𝗧𝗢 𝗬𝗢𝗨 𝗕𝗬 𝗡𝗢𝗥𝗗𝗩𝗣𝗡 ⬇️ 🛡️ 𝗡𝗢𝗥𝗗 𝗩𝗣𝗡 – 𝗕𝗲 𝗨𝗻𝗵𝗮𝗰𝗸𝗮𝗯𝗹𝗲! 𝗞𝗲𝗲𝗽 𝗬𝗼𝘂𝗿 𝗖𝗿𝘆𝗽𝘁𝗼…

Top Expert Declares It The Best Crypto To Buy Now

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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 crossed the $2,400 mark for the first time since March of this year, marking a significant recovery for the second-largest cryptocurrency by market capitalization.  This…

Animoca eyes New York listing, cites Trump’s crypto-friendly stance

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Hong Kong-based Animoca Brands is preparing for a listing in New York, citing US President Donald Trump’s relaxed regulatory stance on digital assets as a window of opportunity to enter the world’s biggest capital market. Animoca executive chair Yat Siu told the Financial Times that an announcement may be made soon, with the company currently evaluating various shareholding structures. Siu said the decision to pursue a US listing would not hinge on market conditions but rather on timing and strategic positioning. Animoca, which was delisted from the Australian Securities Exchange…

Whale accumulation suggests Bitcoin could be eyeing $110K

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Bitcoin may be setting its sights on the $110,000 mark as large holders ramp up accumulation, despite smaller investors taking profits amid macro tailwinds. Wallets that hold between 10 and 10,000 Bitcoin (BTC), often referred to as whales and sharks, have amassed more than 83,000 BTC in the last 30 days, according to a May 13 post on X by Santiment. In contrast, 387 BTC were offloaded from wallets holding less than 0.1 BTC during that period.  🐳🦈 Bitcoin's key whale & shark tier (holding 10-10K BTC) have now accumulated…