Crypto

The US Senate is expected to vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act today at approximately 8 P.M. EDT. However, its unclear whether the bill will pass or continue to face delays. The GENIUS Act seeks to establish a federal regulatory framework for payment stablecoins, but has faced hurdles in […] The post US Senate to vote on GENIUS stablecoin bill despite political divide appeared first on CryptoSlate.

Circle has been weighing parallel options: a public listing valued near $5 billion and confidential talks to sell itself for roughly the same price to either Coinbase or Ripple. The discussions have spotlighted USDC’s strategic importance and each bidder’s recent deal-making capacity. The post Circle’s $5B Showdown: Will Coinbase Outbid Ripple After Rejected Offer? appeared first on Cryptonews.

Vitalik’s “partially stateless node” concept enables private, selective storage while verifying the full Ethereum chain.

Dough Finance has been grappling with fallout from a July 2024 exploit that siphoned $2.5 million from investor Jonathan Lopez. Co-founders Chase Herro and Zachary Folkman have pledged to make users whole, but progress has stalled and Lopez’s lawsuit heads to trial in April 2026. The post Dough Finance Hack: $2.5M Lost – Will Silent World Liberty Partners Repay Investors? appeared first on Cryptonews.

The U.S. Senate is poised to try another high-stakes procedural vote to push stablecoin legislation forward, which could mark a major win for the crypto sector.

Bitcoin is less than 5% away from making new all-time highs, and BTC futures markets look ready to support the rally. Key takeaways: Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations. Weak stablecoin demand in China and the limited use of futures leverage suggest Bitcoin’s current rally is sustainable. Read more

The well-known critic of the biggest cryptocurrency by market cap said Monday that his bank would allow customers to buy BTC.

Bitcoin’s realized capitalization has reached a new peak of $906 billion, marking its fourth consecutive weekly high, per CryptoQuant’s data. Unlike traditional market cap, which multiplies current price by circulating supply, realized market capitalization calculates the value of each coin at its last transaction price. This offers a clearer view of capital committed to the […] The post Bitcoin realized cap hits $906B, hints at new all-time high despite today’s pullback appeared first on CryptoSlate.

The biopharmaceutical company bought $1 million of Bitcoin and other cryptocurrencies, taking its total crypto holdings to $4.5 million. Quantum Biopharma has purchased an additional $1 million worth of Bitcoin and other cryptocurrencies, the Canadian biotechnology company said.  The buys take Quantum’s total cryptocurrency holdings to approximately $4.5 million, according to a May 19 press release. The biotech company plans to stake a portion of its crypto to generate revenue.  Quantum expects that holding a treasury of Bitcoin (BTC) and other crypto assets will “provide a return on investment for shareholders and […] provide some hedge against the Canadian dollar,” it said.  Read more

Cardano Foundation has pledged a full treasury audit after claims founder Charles Hoskinson shifted 318M ADA—$619M in 2021—from presale wallets to reserves during the Allegra fork, renewing concerns about token distribution oversight and decentralization. The post Cardano Audit Probes $600M ADA Gap – Was Treasury Looted? appeared first on Cryptonews.

Circle is pressing ahead with plans to go public, but the stablecoin issuer is also exploring the possibility of a sale to either Coinbase or Ripple, Fortune reported on May 19, citing people familiar with the matter. The company filed paperwork in April for a long-awaited initial public offering (IPO) targeting a $5 billion valuation, […] The post Circle in talks with Coinbase, Ripple over potential sale amid $5B IPO plans appeared first on CryptoSlate.

TRON has scaled into the leading rails for stablecoin payments in 2025. CryptoQuant data show 283 m USDT transfers and a $75.8 bn supply on the network, surpassing Ethereum. Daily volume has reached $23.4 bn as users gravitate to its low fees and quick settlement. The post CryptoQuant Finds TRON Moving $23B USDT Daily in 2025, Surpasses Ethereum appeared first on Cryptonews.

An investor argued that Strategy “overstated” the profitability of its Bitcoin treasury strategy before disclosing a first-quarter loss.

El Salvador holds the sixth-largest sovereign Bitcoin reserve as its crypto portfolio now exceeds $644 million.

The new SEC chair said the regulator "should not be in the business" of stifling innovation at companies like those involved in digital assets. In one of his first speeches since becoming chair of the US Securities and Exchange Commission (SEC) in April, Paul Atkins addressed some of the regulatory concerns around the cryptocurrency industry. In prepared remarks for a May 19 speech, Atkins said it was a “new day” for the crypto industry under the current leadership of the SEC. He suggested that the financial regulator would be more open to “adapt to and accommodate new developments” while still abiding by its statutes. “The crypto markets have been languishing in SEC limbo for years,” said Atkins, adding: Read more

JPMorgan CEO Jamie Dimon said the Wall Street lender plans to offer Bitcoin (BTC) to its customers in a stark shift from his historical stance toward the digital asset. During JPMorgan’s Investor Day, Dimon reiterated that he is “not a fan” of Bitcoin, but acknowledged that clients will continue to demand access to it.  He […] The post JPMorgan to support Bitcoin buying despite Jamie Dimon’s ongoing skepticism appeared first on CryptoSlate.

Cryptocurrencies reversed early losses as risk assets shrugged off the Moody's U.S. debt downgrade.

Chainalysis has reported Darknet Market crypto revenue down 15% in 2024 to roughly $2 billion, yet Russia has surged. ‘Kraken’ has overtaken rivals, raising income 68% as operators ditch Bitcoin for Monero and channel funds through DeFi to skirt exchange KYC. The post Russia’s ‘Kraken’ Darknet Market Crypto Sales Soar 68% as Global Trade Falls appeared first on Cryptonews.

It's the first US-regulated investment fund holding the Cronos chain's native token, CRO. Crypto.com and asset manager Canary Capital are launching a US investment fund designed to provide exposure to the Cronos blockchain’s native token, CRO, the cryptocurrency exchange said in a statement. The Canary CRO Trust will hold the Cronos (CRO) token in a regulated fund wrapper, Crypto.com said, adding that the trust is not an exchange-traded fund (ETF) and is only available to accredited investors.  Creating regulated funds such as CRO Trust is part of Crypto.com’s plan for “further mainstreaming crypto,” Eric Anziani, president and chief operating officer of Crypto.com, said in a statement. Read more

Bitcoin’s quick recovery from its Asia-trading session trade-off shows bulls are viewing every dip as a buying opportunity as BTC approaches new all-time highs. Key points: Bitcoin’s rejection at $107,000 shows sellers are active at higher levels, but the recovery from the intraday low shows solid buying. Strategy and Metaplanet continue to accumulate Bitcoin, adding steady buy-side pressure to BTC price.  Read more