The Karen National Army joins a long list of organizations sanctioned by the agency, including terrorist groups and cybercrime units. The United States Department of the Treasury has sanctioned a Myanmar militia group known as the Karen National Army (KNA), accusing it of crypto-related scams and other criminal activities. According to a May 5 press...Continue Reading
The asset manager is the first to attempt listing an ETF holding the native token of Binance’s BNB Chain. Asset manager VanEck has asked US regulators for permission to list an exchange-traded fund (ETF) holding BNB, the native token of Binance’s BNB Chain, regulatory filings show. The ETF is designed to accumulate spot BNB (BNB)...Continue Reading
The former CEO of Celsius Network is scheduled to appear before a judge for sentencing after pleading guilty to two felony charges in December. Crypto users are weighing in as Alex Mashinsky, the former CEO of Celsius Network, prepares to stand before a judge on May 8 to face sentencing for commodities fraud and a...Continue Reading
Steady purchasing demand at Bitcoin’s lower support levels is keeping the pressure on the $95,000 BTC resistance zone. Key points: Bitcoin is witnessing a tough battle between the bulls and the bears at the $95,000 level. Solid buying by spot Bitcoin ETF investors last week signals a positive shift in investor sentiment. Read moreContinue Reading
Gold’s potential march toward $5,000 raises the stakes for Bitcoin, with historical trends hinting at a surge to $155,000 or beyond if conditions align. Key takeaways: Bitcoin has historically outperformed gold, more recently by sixfold. Gold’s climb toward $5,000 could set the stage for significant Bitcoin gains. Read moreContinue Reading
The grant to education nonprofits DonorsChoose and Teach For America is in Ripple USD (RLUSD) and aims to support teachers, students and innovation in education. Ripple, the US-based crypto services firm behind the XRP Ledger, has committed $25 million in Ripple USD (RLUSD) to education nonprofits DonorsChoose and Teach For America. According to a May...Continue Reading
88% of Bitcoin’s supply is in profit below $95,000, highlighting a shift in BTC investor expectations. Key Takeaways: 88% of Bitcoin’s supply is in profit below $95,000, indicating a reset in investor expectations. The current price range of $75,000–$95,000 may represent a structural bottom, aligning with market conditions from Q3 2024. Read moreContinue Reading
XRP ledger activity has dropped sharply in the past two months, increasing the downside prospects for XRP price to drop below the key $2 level and lower. Key takeaways: XRP forms a bearish descending triangle on the daily chart, risking a 45% drop to $1.20. Declining daily active addresses signal reduced transaction activity and liquidity....Continue Reading
The $243 million Bitcoin heist orchestrated by Veer Chetal, Malone Lam and others led to a stunning kidnapping in Connecticut. In one of the most bizarre crossovers between digital crime and real-world violence, a group of young cybercriminals stole almost $243 million in Bitcoin (BTC). Within weeks, the fallout spilled from the blockchain into a...Continue Reading
President Trump plans a May 22 dinner for top TRUMP memecoin holders amid criticism, calls for impeachment and scrutiny over a $2 billion UAE crypto deal. US President Donald Trump will host a gala dinner for top holders of his Official Trump (TRUMP) memecoin despite bipartisan criticism and renewed calls for impeachment. In a May...Continue Reading
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