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May 16, 2025
The healthcare company said that a Bitcoin treasury will help finance its expansion plans. Shares of Basel Medical Group are down around 15% after the healthcare company announced plans to buy $1 billion in Bitcoin for its corporate treasury.  On May 16, Singapore-based Basel said it was “in advanced discussions with a consortium of institutional...
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The GENIUS Act’s failure to move to a full vote is “a bump in the road” and it will pass “in the next few weeks,” says Cody Carbone, CEO of the Washington, DC,-based advocacy group. The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass...
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The “Oracle of Omaha” also exited Citigroup and slashed Berkshire’s Bank of America holdings, offloading more than $2.1 billion in financial stocks. Key takeaways: Warren Buffett’s Berkshire Hathaway earned $250 million from its complete exit from crypto-friendly Nubank. The decision to divest didn’t appear to be performance-based; Nu Holdings posted record profits in 2024 and...
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Bitcoin price breakouts have been capped at $104,000, but a rally through the resistance could open the door for a run to $130,000. Key points: A Bitcoin price close above $105,000 could accelerate momentum and trigger a rally to $130,000. Ether continues to gain strength, which is being mirrored by many altcoins. Read more
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XRP price recovery remains on course as its futures open interest rises, but can it retest its multi-year highs at $3.40 in this month? Key takeaways: XRP price is forming a bullish V-shaped recovery pattern targeting $3.40. A 53% surge in open interest to $5.06 billion signals bullish sentiment. Read more
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The New York Fed and the Bank for International Settlements are trialing smart contracts for tokenized monetary policy, aiming to let central banks act instantly in future financial systems. Central banks are experimenting with smart contracts to implement monetary policy in tokenized environments, signaling a growing interest in integrating blockchain technology into traditional finance (TradFi)....
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A recent spate of violent attacks on crypto investors has authorities concerned about public safety. As cryptocurrency gains in popularity and price, some criminals are taking to violent measures to steal funds from high-profile crypto holders. Jameson Lopp’s GitHub repository, which logs such incidents, has recorded 22 “$5 wrench” attacks on crypto holders in 2025...
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With Tether stepping back and BitGo stepping up, MiCA’s rollout is already redrawing crypto’s playing field in Europe. Here’s what’s happening, and what comes next. The European Union’s Markets in Crypto-Assets regulation — better known as MiCA — is now in its critical implementation phase. Designed to unify crypto regulation across all 27 EU member...
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A new Eric Trump token on Solana surged 6,200%, raising rug-pull concerns as blockchain sleuths trace insider wallet activity and repeated scam attempts. A fake Eric Trump-themed memecoin launched on Solana’s memecoin launchpad Pump.fun, rose more than 6,200% in the past 24 hours, raising red flags among blockchain analysts who warned of a potential rug...
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Chief legal officer Stuart Alderoty said “procedural concerns” are at the heart of a court’s denial of a joint motion by Ripple and the US Securities and Exchange Commission to settle the regulator’s case against it. Ripple’s legal chief said a US court’s rejection of a proposed XRP settlement with the Securities and Exchange Commission...
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