Bitcoin’s price is just a few hundred dollars away from putting $400 million in short positions at risk of liquidation. Key takeaways: Bitcoin must maintain above $95,000 to have a chance at retesting its $109,000 all-time high; failure to hold could lead to a deeper correction, crypto analysts warn. Several crypto analysts told Cointelegraph in...Continue Reading

The x402 protocol could transform AI agents from tools that require constant human interaction into autonomous economic actors. Coinbase has introduced a new payments protocol for online payments that enables stablecoin transfers over standard internet protocols and AI agents to transact autonomously.   On May 6, Coinbase announced that it is launching a protocol called x402...Continue Reading

Reports that Zerebro dev Jeffy Yu committed suicide during a livestream have been called into question after several pieces of evidence suggesting otherwise. Members of the crypto community are circulating apparent “proof” that Zerebro developer Jeffy Yu faked his suicide as he promoted his new memecoin during a Pump.fun livestream on May 4. The belief...Continue Reading

Roughly two million wallets have bought Trump’s memecoin since its launch, according to Chainalysis, with a third having lost money on it. US Democrat lawmakers have launched a multi-angle attack on President Donald Trump’s crypto ventures with two bills and a subcommittee inquiry aimed at cutting his ability to profit from the initiatives.    The Modern...Continue Reading

The European exchange-traded product will hold CRO, the native token of Crypto.com’s affiliated blockchain network, Cronos. 21Shares has launched an exchange traded product (ETP) in Europe, providing investors with exposure to Crypto.com’s Cronos token, the asset manager said.  The ETP is listed on Euronext’s Paris and Amsterdam exchanges, 21Shares said in a May 6 announcement. ...Continue Reading

Hadron by Tether platform users will now have access to risk detection and real-time transaction monitoring, helping them become compliant with regulators. Tether, the issuer of the world’s largest stablecoin by market cap USDt (USDT), has announced a partnership with Chainalysis that will integrate the company’s compliance and monitoring tools onto Tether’s tokenization platform. The...Continue Reading

The predictions platform suggested that “election markets are here to stay” in a social media post after the Commodity Futures Trading Commission filed its request with the court. The US Commodity Futures Trading Commission (CFTC) is seeking permission from the court to drop an appeal against prediction market Kalshi. The move could allow the platform...Continue Reading

Crypto asset manager Bitwise has thrown NEAR into the crypto ETF ring following an S-1 filing with the SEC. Digital asset manager Bitwise has filed to list a spot Near exchange-traded fund with the US Securities and Exchange Commission, adding to a growing list of altcoins currently vying to win regulatory approval. The Bitwise Near...Continue Reading

A group of wallets reportedly earned roughly $100 million from trading Melania Trump’s memecoin shortly before its Jan. 19 launch. A group of crypto traders reportedly purchased millions of dollars worth of Melania Trump’s memecoins minutes before she announced the launch on social media. According to a May 6 Financial Times report, the crypto traders...Continue Reading

The bill is the first of its kind in a US state to become law after Arizona Governor Katie Hobbs vetoed a similar bill on May 2 and two Florida crypto bills were withdrawn on May 3. New Hampshire became the first US state to allow its government to invest in crypto currencies including Bitcoin...Continue Reading