Friday, May 9, 2025
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Cryptocurrency

Bitcoin Inches Up as Treasury’s Bessent Lowers China Trade Expectations

Investors reacted favorably to the president's statement that tariffs on China "will decrease significantly." Bitcoin continued to build on Tuesday’s gains, despite a brief dip...

Charles Hoskinson Predicts Ethereum Won’t Last More Than 10-15 Years

The Cardano founder argues that Ethereum's fundamental design flaws and centralization will ultimately cause its collapse. Charles Hoskinson, the founder of Cardano, stated on Wednesday...

BlackRock’s Bitcoin ETF Attracts $643 Million in Inflows

BlackRock's iShares Bitcoin Trust (IBIT) saw its largest daily inflow since January as Bitcoin climbed above $92,000, fueled by better macroeconomic conditions and growing...

SEC Moves to Dismiss Securities Lawsuit Against Dragonchain Over Crypto ICO

The Securities and Exchange Commission, in a joint stipulation with Dragonchain, expressed its intent to drop the lawsuit, referencing the efforts of its Crypto...

Blockchain May Soon See a ‘ChatGPT-Like’ Surge in Use, Citigroup Predicts

Citi anticipates that stablecoins will continue to be primarily denominated in U.S. dollars, while non-U.S. countries are more likely to adopt central bank digital...

Cantor to Launch $3B Crypto Venture With SoftBank, Bitfinex, and Tether: Report

According to the Financial Times, Tether is set to contribute $1.5 billion, SoftBank Group will invest $900 million, and Bitfinex will provide $600 million...

Tesla Holds Bitcoin as Musk Cuts DOGE Role

Elon Musk announced he will reduce his role as Donald Trump's cost-cutting czar to focus more on Tesla, which missed its Q1 targets but...

Ethereum Rebounds as Market Dominance Climbs From Record Low

Ethereum has surged 15%, outperforming both Bitcoin and the broader crypto Market, and helping it recover from a record low in market dominance. Ethereum’s price...

Ex-SEC Head Jay Clayton Appointed Interim U.S. Attorney for Manhattan

Jay Clayton, a Trump appointee, was named interim U.S. attorney for the Southern District of New York after Senate Democratic leader Chuck Schumer halted...

Australia’s High Court Rules in Favor of Block Earner, Rejects ASIC Appeal

In November 2022, Australia’s financial regulator filed civil proceedings, claiming that Block Earner was required to hold a financial services license to offer its...
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