Bitcoin is showing renewed strength, with on-chain data and macroeconomic conditions supporting a bu...Bitcoin is showing renewed strength, with on-chain data and macroeconomic conditions supporting a bullish outlook. According to a May 13 post on the Bitfinex Alpha blog, Bitcoin's realized market cap has reached $889 billion after...

Details: https://coincu.com/337542-blackrock-bitcoin-investment-market-surge/

The cryptocurrency market continued its upward trend, with Bitcoin increasing by 1.4% and Ethereum r...The cryptocurrency market continued its upward trend, with Bitcoin increasing by 1.4% and Ethereum rising by 8.9% over the past 24 hours.

Data from analytics firm Glassnode shows Dogecoin futures open interest continues to climb, even as ...Data from analytics firm Glassnode shows Dogecoin futures open interest continues to climb, even as the price pulls back. Open interest, a metric tracking the total open futures positions for DOGE on centralized exchanges, has increased by nearly 64% over the past week, rising from $989 million to $1.62 billion. This indicates ongoing speculative activity, even with a recent price downturn. While rallies often lead to increased open interest due to investor excitement, the continued rise in Dogecoin's open interest despite a price pullback suggests sustained speculative positioning. The trend is notable enough to warrant further observation. This increase in speculative activity isn't unique to Dogecoin; XRP futures open interest has also seen a significant jump (41.6%), rising from $2.4 billion to $3.4 billion during the same timeframe. This increase corresponds with a price rally from $2.14 to $2.48, further suggesting elevated speculative activity and growing confidence in the direction of the asset's price. Currently, Dogecoin trades around $0.236, exhibiting a more than 42% increase over the past week.

Twenty One Capital has added another 4,812 Bitcoins to its treasury following a recent purchase by m...Twenty One Capital has added another 4,812 Bitcoins to its treasury following a recent purchase by major backer Tether, in anticipation of a planned Special Purpose Acquisition Company (SPAC) merger. On May 9th, Tether acquired the BTC at an average price of...

Dogecoin ETF filing has, as of yesterday, officially been acknowledged by the SEC, marking what many...Dogecoin ETF filing has, as of yesterday, officially been acknowledged by the SEC, marking what many are calling…

DOGE has already gained 40% in the past week.

The total crypto market capitalization edged down slightly, but positive investor sentiment and cont...The total crypto market capitalization edged down slightly, but positive investor sentiment and continued inflows persist, fueled by strong altcoin gains.

Ethereum (ETH) has experienced a remarkable price increase in the last few days. The second-largest...Ethereum (ETH) has experienced a remarkable price increase in the last few days. The second-largest cryptocurrency by market capitalization...

Amid its recent breakout, Ethereum (ETH) has recovered a crucial Range lost in Q1, preparing to surg...Amid its recent breakout, Ethereum (ETH) has recovered a crucial Range lost in Q1, preparing to surge to the mid-zone of this area. However, various analysts forecast potential volatility for the King of Altcoins, as it faces some resistance at the current levels. Related Reading: Bitcoin Faces Key Resistance After 10% Weekly Rally – Confirmation Or Rejection Next? Ethereum To Trade Sideways Before Next Jump After surging nearly 45% in the past week, Ethereum has reclaimed its $2,200-$3,900 macro range lost in March. During the late-April market pump, the cryptocurrency recovered from its 18-month low of $1,380, jumping toward the $1,800 resistance before breaking out last Thursday. ETH has smashed past the $2,000 resistance and regained the crucial $2,100 and $2,300 levels before retesting the $2,600 resistance over the weekend. Since then, the King of Altcoins has hovered between the $2,400-$2,600 price range, hitting a two-month high of $2,624 on Monday. Market watcher Castillo Trading highlighted that Ethereum is “doing exactly what it should be. Taking some time to build a base at important levels before the next move.” The analyst stated that the $2,400-$2,700 zone will likely be ETH’s trading range for the upcoming days after its retest of the range lows as support, with “some shakeouts in both directions before continuing its next leg up.” Similarly, Daan Crypto Trades noted that the cryptocurrency’s current level is important, as it could determine its short-term direction. According to the trader, Ethereum could drop to $2,300 or below the $2,100 support level if it loses the key area. “In that case, you can simply wait for a consolidation to be formed at those levels,” he explained. On the contrary, if ETH breaks past the $2,600 resistance, and price keeps surging, the current level may “become a nice retest of the horizontal.” Notably, the next crucial horizontal level sits around the $2,850-$2,900 range, a significant support and resistance area amid the Q3 2024 pullback and the Q4 2024 breakout. Is A Dip Or A 15% Shakeout Coming? Analyst Rekt Capital pointed out that Ethereum secured a key Weekly Close after closing the week at $2,514 and officially reclaiming its Macro Range. According to the analyst, history suggests that ETH will “likely lift across the Range” over time, while “any dips, if needed at all, would only solidify $2200 as Range Low support.” He stressed that the recent Weekly Close occurred at the top of a crucial cluster, enabling a scenario where “just a small dip would suffice, if the green circled retest repeats here at ~$2468 (black).” However, if that level is lost, ETH could see a 10%-15% pullback toward the $2,200-$2,100 mark. Rekt Capital also remarked that the second-largest crypto by market capitalization has managed to fill the $2,530-$2,630 Daily CME Gap, created in March. Related Reading: Why The US-China 90-Day Tariff Slash Can Push Bitcoin Price Above $110,000 Amid its breakout, ETH also formed two small CME Gaps at the $2,300-$2,400 and $2,100-$2,200 levels, which could be closed soon. The former is the “more important dipping area, as it is also a Weekly CME Gap.” Additionally, he affirmed that Ethereum intends to fill its Macro CME Gap, between $2,900 and $3,350, signaling that a surge toward those levels could be ahead. As of this writing, Ethereum trades at $2,597, a 5% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Ethereum price extended its increase above the $2,700 zone. ETH is now correcting gains and might re...Ethereum price extended its increase above the $2,700 zone. ETH is now correcting gains and might revisit the $2,575 support zone. Ethereum started a fresh increase and cleared the $2,700 resistance. The price is trading above $2,620 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could find bids near $2,575 and start a fresh increase in the near term. Ethereum Price Restarts Rally Ethereum price remained supported and started a fresh increase above $2,550, beating Bitcoin. ETH gained pace for a move above the $2,620 resistance zone. There was a break above a connecting bearish trend line with resistance at $2,450 on the hourly chart of ETH/USD. The bulls were able to push the price above the $2,700 resistance zone. A high was formed at $2,736 and the price is now correcting gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $2,416 swing low to the $2,736 high. However, the bulls are still active above $2,620. Ethereum price is now trading above $2,640 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $2,720 level. The next key resistance is near the $2,735 level. The first major resistance is near the $2,750 level. A clear move above the $2,750 resistance might send the price toward the $2,840 resistance. An upside break above the $2,840 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,950 in the near term. Another Pullback In ETH? If Ethereum fails to clear the $2,720 resistance, it could start a fresh downside correction. Initial support on the downside is near the $2,600 level. The first major support sits near the $2,575 zone and the 50% Fib retracement level of the upward move from the $2,416 swing low to the $2,736 high. A clear move below the $2,575 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,720 Major Resistance Level – $2,575

Ethereum's surge post-upgrade highlights its growing institutional appeal and potential to chal...Ethereum's surge post-upgrade highlights its growing institutional appeal and potential to challenge traditional market giants in valuation. The post Ethereum price almost doubles post-Pectra upgrade, nears Eric Trump promo high appeared first on Crypto Briefing.

ETH was changing hands at $2,614.33 as of 2:26 p.m., up about 6% on the day, according to The Block ...ETH was changing hands at $2,614.33 as of 2:26 p.m., up about 6% on the day, according to The Block Price Page.

Check out some of the latest price forecasts involving ETH and SOL.

Following a significant upward surge, Ethereum's momentum is slowing as holders capitalize on r...Following a significant upward surge, Ethereum's momentum is slowing as holders capitalize on recent gains. ETH is currently trading at $2,438, down 3.5% in the last 24 hours after a robust 34% surge earlier.

Ripple’s native token XRP is hovering around the $2.50 mark on Tuesday and remains on the gree...Ripple’s native token XRP is hovering around the $2.50 mark on Tuesday and remains on the greener side…

VanEck's VBILL fund is now live on four major blockchains: Ethereum, Solana, Avalanche, and, fo...VanEck's VBILL fund is now live on four major blockchains: Ethereum, Solana, Avalanche, and, for the first time, BNB Chain. It utilizes Wormhole for seamless cross-chain access, marking a significant advancement in digital finance. Qualified investors can now access U.S. Treasury yields without leaving the blockchain environment. Learn more about VBILL […]. Originally posted on Altcoin Buzz.

As Ripple (XRP) gains traction, analysts project it could surpass its previous all-time high, reachi...As Ripple (XRP) gains traction, analysts project it could surpass its previous all-time high, reaching $4.50 within the next three weeks. Favorable market conditions and potential positive developments surrounding ongoing ETF discussions could propel XRP's breakout. However, a new altcoin, Mutuum Finance (MUTM), is rapidly gaining attention, with […].

Ondo saw a 42% gain in just four weeks. This isn't a meme coin, a small-cap project, a project ...Ondo saw a 42% gain in just four weeks. This isn't a meme coin, a small-cap project, a project with no substance, or simply hype. Ondo demonstrates that there's always room for high-performing projects with real utility in your portfolio. You know how quickly the Real-World Asset (RWA) sector is growing. So it [...]

Since early April, Bitcoin has seen a strong uptrend. It went from $74.5k to $105.8k yesterday. That...Since early April, Bitcoin has seen a strong uptrend. It went from $74.5k to $105.8k yesterday. That’s a $31k increase in only 5 weeks, or 41.6%. So, despite the good news about the US-China tariff deal, it’s time for a pullback. Not because I like it, but because it’s healthy for the market. If we pull […] The post ONLY XRP Ripple & These 3 Altcoins Will Bounce Back Harder! appeared first on Altcoin Buzz.

Data shows Dogecoin (DOGE) has seen significant long liquidations as its price has gone through a st...Data shows Dogecoin (DOGE) has seen significant long liquidations as its price has gone through a steep decline during the past day. Dogecoin Has Retraced Some Of Its Latest Recovery Following a breach of the $0.25 level to start the week, the trend appears to have flipped for Dogecoin again as its price has registered […]

XRP has aligned itself with the broader cryptocurrency market’s upward trend, registering significan...XRP has aligned itself with the broader cryptocurrency market’s upward trend, registering significant gains over the past week. The asset recorded a 20% rise on the weekly chart before retreating slightly. At the time of writing, XRP trades at $2.54, reflecting a 2% decline in the past 24 hours. Despite the minor dip, the asset remains well above recent local lows and is showing signs of growing trader interest. According to a new analysis shared by CryptoQuant contributor BorisVest, activity in XRP derivatives on Binance indicates potential accumulation amid increasing speculative interest. Related Reading: XRP Price To Rally To $6: Partially Completed Wave 5 Says There’s Still Room To Run The market, which previously saw a steep drop in open interest, is now witnessing a resurgence in leveraged trading positions. These on-chain dynamics may be hinting at a shift in sentiment as participants return following the earlier flush-out. XRP Open Interest Rebounds as Traders Re-Enter the Market Open interest, defined as the total number of active futures contracts not yet settled—serves as a gauge for market engagement. When open interest increases alongside price, it often suggests rising speculative participation.  In XRP’s case, the data shows a sharp rebound from a previous $530 million low to a higher range, suggesting a recovery in market confidence after a significant drop from its $1.5 billion peak. BorisVest also analyzed Binance funding rates, which reflect the cost of maintaining long or short positions in perpetual futures. These rates become positive when long positions dominate and negative when short interest prevails.  During XRP’s recent correction, the funding rate turned negative, indicating an influx of short positions and setting up conditions for a possible short squeeze. A short squeeze occurs when short sellers are forced to buy back their positions due to rising prices, often resulting in rapid upward price movements.  Currently, the funding rate is neutral, suggesting equilibrium between bullish and bearish positions, though subtle signals point to increasing short exposure. Taker Sell Pressure Meets Steady Price: Signs of Absorption? Another metric underlined in the analysis is the Taker Buy/Sell Ratio. This indicator compares the volume of aggressive buy orders (market buys) against sell orders (market sells). A ratio below 1 implies that sellers are more aggressive.  In this case, XRP’s Taker Buy/Sell Ratio stands at 0.91, meaning selling pressure dominates. However, the absence of significant price declines despite the pressure implies potential absorption by larger players, which can be a precursor to bullish price movements. Related Reading: Crypto Analyst Says XRP Price Must Clear This Level Or Risk Crash To $1.9 The combination of rising open interest, neutral funding rates, and sustained price levels despite sell pressure suggests that XRP may be experiencing silent accumulation. While the market remains indecisive, these patterns are often observed in the early stages of a trend reversal or breakout. As speculative activity picks up, it could be worth monitoring these signals closely for further confirmation. Whether this leads to a continuation of XRP’s rally or not, the current data points to a market that is actively recalibrating, and possibly preparing for the next phase in price action. Featured image created with DALL-E, Chart from TradingView

Solana is back in the spotlight as it reclaims the $180 mark for the first time since mid-February a...Solana is back in the spotlight as it reclaims the $180 mark for the first time since mid-February amid rising decentralized finance metrics. Thanks to a solid technical setup and growing interest in its DeFi ecosystem, the price has increased…

Dogecoin started a fresh increase from the $0.220 zone against the US Dollar. DOGE is now gaining pa...Dogecoin started a fresh increase from the $0.220 zone against the US Dollar. DOGE is now gaining pace and might rise toward the $0.2650 zone. DOGE price started a fresh increase above the $0.220 and $0.2320 levels. The price is trading above the $0.2350 level and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.2350 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase if it clears the $0.2450 resistance zone. Dogecoin Price Aims Higher Dogecoin price started a fresh increase after it found support near $0.2170, like Bitcoin and Ethereum. DOGE climbed and recovered above the $0.2250 resistance zone. The bulls even pushed the price above the 50% Fib retracement level of the downward move from the $0.2531 swing high to the $0.2173 low. Besides, there is a connecting bullish trend line forming with support at $0.2350 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.2350 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.240 level. The first major resistance for the bulls could be near the $0.2440 level and the 76.4% Fib retracement level of the downward move from the $0.2531 swing high to the $0.2173 low. The next major resistance is near the $0.2530 level. A close above the $0.2530 resistance might send the price toward the $0.2650 resistance. Any more gains might send the price toward the $0.2720 level. The next major stop for the bulls might be $0.2850. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.2440 level, it could start another decline. Initial support on the downside is near the $0.2350 level. The next major support is near the $0.2250 level. The main support sits at $0.2150. If there is a downside break below the $0.2150 support, the price could decline further. In the stated case, the price might decline toward the $0.20 level or even $0.1880 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.2350 and $0.2250. Major Resistance Levels – $0.2440 and $0.2530.

In 2025, tokenized real-world assets are transitioning from theoretical concepts to fundamental comp...In 2025, tokenized real-world assets are transitioning from theoretical concepts to fundamental components of global finance, as regulated platforms quietly reshape the industry from the ground up. #partnercontent

U.S. and Chinese officials held talks over the weekend, and while no specifics were released, the tw...U.S. and Chinese officials held talks over the weekend, and while no specifics were released, the two nations appear to be on a new path. This week, several reports, such as the CPI and PPI, are scheduled to be released and could significantly affect market volatility or push asset prices higher. Over the past 7...

Details: https://coincu.com/337093-sec-roundtable-tokenization-finance-crypto/

ホワイトハウスは、米国と中国の間の貿易合意に関する交渉で「かなりの進展」があったと発表しました。しかし、具体的な合意はまだ発表されておらず、投資家は依然として不確実な状況です。ホワイトハウスは5月11...ホワイトハウスは、米国と中国の間の貿易合意に関する交渉で「かなりの進展」があったと発表しました。しかし、具体的な合意はまだ発表されておらず、投資家は依然として不確実な状況です。ホワイトハウスは5月11日の発表で、貿易交渉の詳細と提案されている「合意」に関する詳細は5月12日に明らかにされることを明らかにしました。財務省のスコット・ベッセン長官と米通商代表のジェイミーソン・グリア氏は共同声明で、「米国と中国の間で非常に重要な貿易交渉でかなりの進展がありました」と述べました。ベッセン長官はメディアに対し、米中貿易交渉は成果があったと述べました。声明の中でベッセン長官は「合意」という言葉は一切使用していません。グリア氏も交渉の詳細を明らかにせず、投資家は発表の内容について疑問を抱いています。市場関係者は、引き続き継続中の貿易摩擦が金融市場に及ぼす影響を見守っています。 関連情報として、トランプ大統領が英国との貿易合意を発表する見通しとなったことから、ビットコインは10万ドル近くに迫りました。トランプ大統領の関税政策は市場に混乱を引き起こし、広く批判されています。 従来の金融市場とデジタル資産市場は、トランプ大統領の広範囲な貿易関税によって最初に価格ショックを受けた後、一部の価値を取り戻しましたが、投資家の不確実性は依然として資産市場に影を落としています。トランプ政権は関税政策を何度も変更し、貿易提案を撤回したり、発言を軟化させたりしています。これにより、投資家はテクノロジー株や暗号資産などのリスクの高い資産への投資に慎重になっています。 2024年4月、トランプ政権の指示を受けた米国税関・国境警備局は、スマートフォン、プロセッサチップ、コンピュータ、その他の電子機器を含む特定のテクノロジー製品の関税免除を発表しました。しかし、米商務省のハワード・ルトニック長官は、発表の翌日に関税免除を撤回しました。ルトニック長官は、関税免除は、経済部門別に異なる関税率を特徴とする包括的な関税制度についての政府関係者の決定まで一時的な措置であると述べました。包括的で決断力のある貿易政策がないため、トランプ政権の計画は疑問視されています。多くのオブザーバーは、貿易関税は金融市場や広範な経済にさらなる混乱をもたらすと指摘しています。 雑誌記事：イーロン・マスク氏のブロックチェーンによる政府運営計画は困難な課題に直面している。

In a recent attack on Bitcoin and cryptocurrencies, Peter Schiff argued against the idea that they a...In a recent attack on Bitcoin and cryptocurrencies, Peter Schiff argued against the idea that they are similar to gold in value. He contrasted recent gold price movements with Bitcoin price fluctuations.

Billionaire bond investor Jeffrey Gundlach, known as the "Bond King," predicts a single cr...Billionaire bond investor Jeffrey Gundlach, known as the "Bond King," predicts a single crisis this year that will compel the Federal Reserve to initiate another round of interest rate cuts. In a recent CNBC interview, the founder and CEO of DoubleLine Capital stated his belief that the Fed will lower rates this year, but this action won't be directly related to […]. (Original source: The Daily Hodl)

Long-term US Treasury yields have plummeted in popularity. Since April 2nd, the 10-year yield climb...Long-term US Treasury yields have plummeted in popularity. Since April 2nd, the 10-year yield climbed to 4.37%, with bond prices declining, even as shorter-term yields moved in the opposite direction. This divergence, known on Wall Street as a steepening yield curve, occurred while markets were still digesting President Donald Trump's tariff actions, which had previously created turmoil in early April.

Details: https://coincu.com/336982-sovereign-funds-bitcoin-us-regulations/

The US has, in an unprecedented move announced Tuesday, blocked the global use of Huawei's AI c...The US has, in an unprecedented move announced Tuesday, blocked the global use of Huawei's AI chips. The Bureau of Industry...

The Federal Reserve will not lower interest rates in June or July, as it sees no pressing need to st...The Federal Reserve will not lower interest rates in June or July, as it sees no pressing need to stimulate the economy.

OpenAI's digital identity and cryptocurrency project, World, has raised concerns among privacy ...OpenAI's digital identity and cryptocurrency project, World, has raised concerns among privacy advocates ahead of its US launch. Critics, like FactoryDAO CEO Nick Almond, describe World as a privacy trap, highlighting worries about data collection and protection practices. The project, formerly known as Worldcoin, is facing regulatory scrutiny globally, with investigations and outright bans in India, South Korea, Italy, Colombia, Argentina, Portugal, Kenya, Indonesia, Spain, Hong Kong, and Brazil. World's US expansion into five key innovation hubs (Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco) raises specific privacy concerns due to the patchwork of state-level regulations. There's no uniform federal law regarding biometric data like iris scans, with varying protections across states. Texas and California offer some legal safeguards, while Georgia, Tennessee, and Florida rely on federal laws, which, while requiring transparency and fairness, lack specific rules for iris scans. The effectiveness of user data protection hinges heavily on the Texas Attorney General's priorities and enforcement efforts. Concerns about discrimination, profiling, and mass surveillance are raised by privacy groups like Privacy International, and Amnesty International previously raised concerns about the potential for bias and dubious methodologies in biometric systems. Despite these concerns, some stakeholders, like Ethereum Foundation co-executive director Tomasz Stańczak, view World's approach as promising and privacy-focused. World's expansion into Japan with Tinder has seen early success, highlighting the potential for similar gains in the U.S. However, the uncertain regulatory landscape and past instances of massive settlements (like Google's $1.4 billion settlement in Texas for tracking user data) suggest a challenging path for the project to gain widespread US acceptance.

Crypto venture capital deals in the first quarter of 2025 saw deal values jump even as the number of...Crypto venture capital deals in the first quarter of 2025 saw deal values jump even as the number of deals sank from the same quarter a year ago, says PitchBook.The venture research firm said in its May 14 Crypto VC Trends report for Q1 that 405 deals were made in the quarter, down 39.5% from the 670 deals made in Q1 2024, but slightly up from the 372 made in Q4 last year.However, the total value of deals in Q1 more than doubled from a year ago, jumping to $6 billion compared to $2.6 billion in the first quarter of 2024 and doubling from $3 billion in Q4 2024.PitchBook's senior crypto research analyst Robert Le said that despite macroeconomic turmoil over the quarter, “capital continued to seek crypto’s core utility rails.”VCs poured nearly $2.55 billion across 16 deals into businesses like crypto asset managers, exchanges, and financial services at a rate that far surpassed any other segment.Crypto infrastructure and development firms saw the next largest venture funding, fetching nearly $955 million across 30 deals.Web3-focused companies saw the third-most deals and funding, at 23 and $231.2 million, respectively. Source: PitchBook.Looking ahead, PitchBook’s Le said Circle’s pending initial public offering (IPO) “represents the most important price-discovery event for crypto equity since Coinbase listed in 2021.”If Circle is valued above the rumored $4 billion to $5 billion range, it could show venture investors that business models similar to Circle’s are profitable and sustainable while also providing a clearer benchmark for future exits.“A strong roadshow could therefore crowd in new late-stage capital and reset valuation expectations upward across the payments and infrastructure stack.”Circle has raised $1.18 billion in VC funding to date, according to PitchBook, which estimates a 64% chance that it will go public in the future.“Dollar-denominated settlement remains crypto’s killer application”Le noted that the market value of stablecoins grew 12% over the first quarter, from $202.3 billion to $227.1 billion, even as other cryptocurrencies saw their values fall or stagnate.“In our view, this divergence underscores a growing consensus: Dollar-denominated settlement remains crypto’s killer application, insulated—at least partially— from broader risk-off moves.”Le said PitchBook expected that near-term venture investments could increase, “especially in payment, remittance, and treasury-management startups that directly monetize stablecoin velocity.”Related: Bitcoin builders defend venture capital's role in layer-2 growthLe added that the $1.4 billion Bybit exploit in February — the largest in crypto history — may accelerate institutional demand for real-time proof-of-reserve tooling, improved custody solutions and middleware that simplifies key management.“Startups addressing those vectors should find a more receptive funding environment despite the broader valuation reset,” he added.Notable crypto venture-backed or growth-stage companies that received investment in Q4 2024. Source: PitchBookMagazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

eXch, once a popular platform for hackers to launder stolen crypto, has reportedly continued operati...eXch, once a popular platform for hackers to launder stolen crypto, has reportedly continued operations in secret after its closure by German authorities in April. Previously a favoured tool for those involved in draining crypto assets, eXch operated without Know Your Customer (KYC) checks, enabling criminals to move stolen funds undetected. The platform was implicated in the $1.4 billion theft from Bybit by the North Korean Lazarus Group in February, refusing Bybit's request for assistance. Despite announcing its shutdown and asserting it would not facilitate criminal proceeds, eXch reportedly reactivated parts of its service, suggesting an internal dispute or a strategic move to reduce visibility. Security firm TRM Labs noted continued anonymization activity after the takedown. eXch's servers and substantial cryptocurrency assets (34 million euros) were seized by German authorities. This closure was not complete, however, and the platform may have retained access for certain users through APIs, continuing its role in facilitating illicit activity, as indicated by security firms like TRM Labs and Trugard. eXch, registered in the UK but with servers in France, had been functioning for years with no KYC, pooling user funds to make transactions harder to trace. Its clients included major draining services and exploitative groups. eXch's history stretches back to 2014, apparently evolving from a BitcoinTalk forum promoting automated swaps to a major hub for cryptocurrency laundering in 2022. The platform's operators face suspicions of commercial money laundering and running a criminal trading platform. While the closure is seen as a victory for the fight against illicit crypto activities, experts warn of potential migrations to alternative platforms like THORChain, previously used by eXch for obfuscating transactions. Despite denying laundering funds, eXch framed its closure as a stance for privacy rights, criticizing anti-money laundering efforts. In conclusion, the platform's closure is a significant step, but the possibility of continued operations and the emergence of similar platforms underscore the ongoing challenges in regulating and monitoring the cryptocurrency industry.

Financial giant Goldman Sachs is reportedly predicting a new all-time high for the S&P 500 (SPX)...Financial giant Goldman Sachs is reportedly predicting a new all-time high for the S&P 500 (SPX) within the next 12 months, thanks to improving market conditions. In a recent investment note, Goldman analysts increased their one-year target for the S&P 500 from 6,200 to a record 6,500, according to Bloomberg. [The rest of the summary is omitted as per the provided text. ]

Arizona Governor Katie Hobbs has vetoed two cryptocurrency bills passed by the state legislature, ci...Arizona Governor Katie Hobbs has vetoed two cryptocurrency bills passed by the state legislature, citing worries about the financial risks associated with integrating digital assets into state operations. This decision demonstrates the governor's cautious stance on digital assets, despite increasing legislative interest in crypto-related initiatives. Both bills would have broadened the use of cryptocurrency in […]

Tether Gold (XAUT) is now available on Maxbit in Thailand, enabling users to trade gold digitally wi...Tether Gold (XAUT) is now available on Maxbit in Thailand, enabling users to trade gold digitally without needing physical gold.