Month: May 2025

Will Bitcoin price hit an all-time high in May?

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Bitcoin price started the month on a strong note, crossing the important resistance level at $96,000 for the first time since February. Bitcoin (BTC) jumped above $97,000, up by almost 30% from its lowest level in April. Its rally occurred as investors adopted a risk-on sentiment, with the Crypto Fear and Greed Index rising to 55.  U.S. stocks also continued their upward momentum, with the Dow Jones and Nasdaq 100 indices both jumping by over 350 points. Below are the top three reasons why Bitcoin may be on its way…

Sui Network to Drive Bitcoin DeFi Growth With Stacks Integration

Key Notes The potential integration of assets from Stacks aligns with Sui Network’s ambition to become a Bitcoin DeFi chain. Bitcoin DeFi is gaining dominance in the niche with soaring Total Value Locked metric. Beyond the SUI Network, other chains like Cardano are also driving the Bitcoin DeFi agenda. Layer-1 blockchain Sui Network has hinted at a strategic integration of sBTC, the one-to-one Bitcoin-backed asset from Stacks. Per Sui’s May 1 post on X, this move would give the network access to a decentralized, secure, and programmable Bitcoin (BTC) asset.…

Federal crypto legislation could come with a ‘New York State of Mind’

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Love it or leave it, New York State has been a force in crypto regulation. Ten years ago, the state created the United States’ first comprehensive regulatory framework for firms dealing in cryptocurrencies, including key consumer protection, anti-money laundering compliance and cybersecurity guidelines. In September 2015, the New York Department of Financial Services (NYDFS) issued its first BitLicense to Circle Internet Financial, enabling the company to conduct digital currency business activity in the state. Ripple Markets received the second BitLicense in 2016. Circle and Ripple went on to become giant…

Bitcoin bulls prep $97K resistance showdown as gold dips 8% from highs

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Bitcoin (BTC) gained 3% on May 1 as a new month saw shorts struggle to keep price pinned. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin pressures shorts after 3% daily gains Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $96,955 on Bitstamp, its highest since Feb. 22. Increasingly close to six figures, Bitcoin rose with US stocks at the Wall Street open as Microsoft gained 10% to become the world’s highest-valued public company. Reacting, popular trader Daan Crypto Trades suggested that stocks may be on the cusp of a…

The case for enterprise-grade custody solutions

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Opinion by: Vikash Singh, Principal Investor at Stillmark The Bybit hack resulted in the largest loss of funds to cyber hackers by a cryptocurrency exchange in history. It served as a wake-up call for those complacent about the state of security threats in the digital assets space. Everyone must learn the lesson from this heist — enterprise-grade custody solutions require tech to be accompanied by transparency. Unlike many previous incidents, this loss of funds was not due to a faulty smart contract, lost/mismanaged keys or deliberate mismanagement or rehypothecation of…

Morgan Stanley to Launch Crypto Trading via E*Trade in 2026

Key Notes Morgan Stanley plans to launch crypto trading on E*Trade by 2026. The initiative is part of efforts to make crypto accessible to mainstream consumers. The project is in partnership discussions with crypto firms to enable trading. Morgan Stanley is preparing to introduce cryptocurrency trading on its E*Trade brokerage platform. If successful, this move would mark a significant step for a major U.S. financial institution in making crypto assets more accessible to mainstream consumers. The financial services firm plans to list crypto assets on E*Trade in 2026. This initiative…

Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

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Crypto firms are no longer just challenging the traditional financial system — they are increasingly becoming part of it. Companies like Circle and BitGo are reportedly pursuing banking charters and preparing for a wave of incoming stablecoin legislation that could further blur the lines between crypto firms and traditional banks. In the US, two major bills — the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act and the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act — aim to introduce new rules on stablecoin issuers,…

XRP Price Analysis: Moving Averages Align in Bullish Formation

XRP opened May 1, 2025, trading within a tight intraday range of $2.15 to $2.24, maintaining a current price of $2.22. With a total market capitalization of $130 billion and daily trading volume of $2.94 billion, XRP remains in a key consolidation phase with signals suggesting cautious optimism across multiple timeframes. XRP On the 1-hour […] Source CryptoX Portal

Best AI Crypto Coins to Invest In as ChatGPT Creator Launches World Crypto Project

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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. Bitcoin is hovering near $95K, but the real action is shifting elsewhere. A shiny metal ball of near-limitless power is soon coming to transform your life if you live…

Malaysia seizes 45 Bitcoin mining machines tied to $8,000 monthly power theft

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Malaysian authorities have dismantled a bitcoin mining syndicate allegedly involved in large-scale electricity theft in the Hulu Terengganu and Marang districts, police said on Wednesday. The raids, conducted during Op Letrik by Terengganu police in collaboration with Tenaga Nasional Berhad’s Special Engagement Against Losses unit, uncovered 45 illegal Bitcoin (BTC) mining machines across two premises — a residential site in Bukit Perpat and a commercial property in Wakaf Tapai, according to local reporting.  Terengganu police chief Datuk Mohd Khairi Khairuddin said the operation targeted properties believed to have been modified…