Multicoin Capital co-founder Tushar Jain said the firm’s recent investment in Zcash was driven by a convergence of stronger market traction, improving infrastructure and a broader return to crypto’s privacy roots. Speaking on the latest Bankless podcast released May 19, Jain argued that Zcash has moved from a “left for dead” asset into a credible private store-of-value contender. Jain said Multicoin had watched Zcash for years without being convinced. The asset, in his view, had long suffered from weak attention, poor usability and limited evidence that privacy demand could translate…
Category: Other Crypto News
Crypto Access To Banks In Focus After Trump’s New Executive Order
Wyoming’s special purpose depository institutions — companies built around crypto — could soon have a path to something they’ve long been denied: a Federal Reserve master account. A new executive order signed by US President Donald Trump puts that possibility on the table, along with a broader push to open up the US banking system to crypto and financial technology companies. Related Reading The Fed’s Role Under Scrutiny The order calls on the Federal Reserve’s Board of Governors to weigh whether uninsured depository institutions and non-bank financial companies that deal…
Bitcoin Coinbase Premium Drop Hints At Critical Pivot For BTC
Bitcoin (BTC) demand on Coinbase points to early signs of market stabilization as BTC reclaimed the upper bounds of its range highs. The 14-day trend of the Coinbase Premium Index has remained in an uptrend, suggesting steady buyer interest despite traders taking $1.14 billion in profits, which pushed the daily Coinbase premium to a six-week low. Coinbase demand stabilizes amid negative readings The Coinbase Premium Index dropped to -0.087 on May 19, its weakest reading since March 31. A negative premium means Bitcoin traded at a lower price on Coinbase…
Here’s How High The Ethereum Price Would Be if It Matches The Market Cap Of Gold
A crypto analyst has shared a new report from Etherealize, a leading crypto research firm, which projects how high the Ethereum price could reach if its market capitalization were to match that of gold. The expert believes that, beyond price action, the Ethereum network could also evolve into a global settlement layer, further solidifying its position in the crypto space. Taken together, these developments paint a strong bullish outlook for the cryptocurrency, even amid the recent volatility and price declines that have weighed on the market. Digital Oil, a pseudonymous…
Missouri AG Sues Crypto ATM Operator CoinFlip ‘For Enabling Scams’
Missouri is suing the company behind cryptocurrency ATM operator CoinFlip for “knowingly facilitating fraudulent transactions and profiting from them,” in the latest move by a US state authority targeting digital currency kiosks and ATMs. In a Wednesday notice, the office of Missouri Attorney General Catherine Hanaway said the lawsuit against GPD Holdings, doing business as CoinFlip, was in response to incidents of fraud, including against the state’s “seniors and veterans.” The state began a probe in December into several crypto ATM companies, including Bitcoin Depot, which recently filed for bankruptcy.…
Coinbase Launches USDC-Backed Stablecoin with Flipcash
Coinbase launched USDF with Flipcash, a Solana-based stablecoin backed 1:1 by Circle’s USD Coin, as the crypto exchange expands its infrastructure business for companies issuing branded digital currencies. According to Wednesday’s announcement, USDF is designed to serve as the settlement asset for currencies created on Flipcash, a platform where users can launch fixed-supply digital currencies priced and transacted in the stablecoin. Flipcash said the token is intended to function as the primary dollar asset within its app. In December, Coinbase launched its white-label stablecoin issuance service for companies seeking branded…
Bitcoin Rallies Back Into Range Even As Investors Spot Risks
Key takeaways: $2 billion in spot Bitcoin ETF outflows spark downside fears, but this metric is typically backward-looking. A sustained discount on stablecoins in China signals broad capital flight from cryptocurrency markets. Bitcoin (BTC) reclaimed $77,000 on Wednesday as broader risk markets saw modest relief after Brent crude prices retreated below $108. However, large outflows from spot Bitcoin exchange-traded funds (ETFs) have forced traders to reassess the odds of further downside risk, especially amid lingering fears of a global economic downturn. Russell 2000 Index futures (left) vs Bitcoin/USD (right). Source:…
Ethereum Pullback Deepens, But Key Structure Still Signals Bullish Hope
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SEC’s ‘Crypto Mom’ to Join Law School, Signaling End of Time at Regulator
Hester Peirce, a two-term commissioner at the US Securities and Exchange Commission (SEC), head of the agency’s crypto task force and known to many as “Crypto Mom,” will join the Regent University School of Law as faculty. In a Tuesday notice from Regent University, the law school said that Peirce would join as an associate professor starting in November. Her term at the SEC officially expired in June 2025, but commissioners “may continue to serve up to approximately 18 months after terms expire if they are not replaced before then,”…
Bitcoin Reclaims $77.5K As Altcoins Finally Show Strength
Key points: Bitcoin is at a critical juncture, as a close below $76,000 may deepen the pullback toward $70,000. HYPE and ZEC are in an up move, but most other major altcoins are struggling to find support. Bitcoin (BTC) has risen above $77,500, but the recovery is expected to face resistance in the $78,500-$82,000 range. The net outflows of $979.7 million from spot BTC exchange-traded funds this week, according to Fireside Investors data, suggest that investors have turned cautious in the near term. Crypto analyst Ardi said in a post on…