Crypto

Avalanche (AVAX) fell 8.6% and Uniswap (UNI) declined 8.5%, leading the index lower.

Charles Hoskinson has denied claims of misappropriating $600 million in ADA and says Cardano will publish an audit report following community backlash. The Cardano Foundation is preparing to release an audit report on its treasury holdings after fresh allegations surfaced claiming misappropriation of roughly $600 million worth of ADA tokens. Cardano founder Charles Hoskinson is facing renewed scrutiny from community members, including non-fungible token artist Masato Alexander, who alleged that Hoskinson manipulated the Cardano ledger using a “genesis key to rewrite it and take control” of $619 million worth of Cardano (ADA) during the network’s 2021 Allegra hard fork. Related: Nasdaq-listed GDC plans to buy Bitcoin and TRUMP memecoin for $300M Read more

The new standard will “fundamentally reshape” WalletConnect’s economic dynamics alongside native token WCT, said Pedro Gomes.

Bitcoin liquidation maps help track whale moves, predict price swings and stay safe from forced liquidations in volatile crypto markets. Understanding a Bitcoin liquidation map is imperative in dealing with the inherent volatility of the crypto market. The visual tool showcases probable liquidation levels, indicating where large orders may cause cascading price changes.  This post explores how to interpret a Bitcoin liquidation map, allowing you to trade smarter in the volatile world of cryptocurrency. In cryptocurrency trading, liquidation happens when an exchange forcefully closes a trader's leveraged position due to insufficient margin to pay losses. This usually occurs when the market moves sharply against the position.  Read more

The strategy, offering an annualized yield exceeding 24%, will be soon rolled out to institutions and retail users.

This all-time high could actually spell a lot of trouble for PI's price.

Metaplanet announced a big BTC purchase today as well.

Michael Saylor's Strategy bagged another 7,390 Bitcoin last week as prices rallied above $100,000 and also got hit with a class-action lawsuit, according to the company's latest SEC filing. Strategy, formerly MicroStrategy, the top corporate Bitcoin holder, acquired nearly $765 million of Bitcoin last week. The purchase came as the company faced a class-action lawsuit. According to a May 19 announcement, Strategy acquired 7,390 BTC for about $764.9 million at an average price just under $103,500. Strategy reported a Bitcoin yield of 16.3% year-to-date. Strategy executive chairman Michael Saylor made his usual hint at the purchase in a May 18 X post. According to a May 19 filing with the US Securities and Exchange Commission (SEC), the company was also the recipient of a class-action lawsuit. The suit accuses Strategy officials of having failed to represent the nature of Bitcoin investments accurately. Read more

Bitcoin products attracted the most inflows, while ether products saw a recovery linked to the successful Pectra upgrade.

XRP futures' open interest has dropped sharply in the past five days, creating downside prospects for XRP price and a potential retest of the important $2 level. Key takeaways: XRP could be headed down to $2 following a breakdown of a classic head-and-shoulders pattern. Declining open interest in XRP futures signals weakening trader confidence. Read more

A new proposal from Ethereum’s co-founder would let users run lightweight nodes without storing the entire blockchain, trimming costs for node operators.

Company buys additional BTC via stock offerings, bringing total holdings to record levels.

Bitcoin behaved differently on Sunday, with CME futures leading the volatile price action.

A judge’s ruling in a criminal case may pave the way for $640 million in tax refunds, challenging the Australian Tax Office’s long-held stance on crypto taxation. A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset.  On May 19, the Australian Financial Review (AFR) reported that the decision arose within a criminal case involving federal police officer William Wheatley, who allegedly stole 81.6 Bitcoin (BTC) in 2019. At the time, the assets were worth roughly $492,000. At current market prices, the tokens are valued at more than $13 million. In the case, Judge Michael O’Connell of Victoria ruled that Bitcoin qualifies as a form of money rather than property, likening the digital asset to Australian dollars rather than to shares, gold or foreign currency. Read more

The chip manufacturer is set to power Taiwan’s next-gen sovereign AI projects as it deepens its global research footprint.

Your day-ahead look for May 19, 2025

US crypto funds marked their fifth consecutive week of positive inflows, fully recovering from a $7 billion sell-off in February and March. Crypto investment products in the United States have attracted over $7.5 billion worth of investment in 2025, with a fifth week of net positive inflows last week signaling growing investor demand for digital assets. US-based crypto investment products attracted $785 million worth of investment last week, pushing the year-to-date (YTD) total to over $7.5 billion, according to a May 19 report by digital asset manager CoinShares. The latest figure marks the fifth consecutive week of net positive flows, following nearly $7 billion in outflows during February and March. Read more

The Bitcoin RSI shows that momentum is stretched, and the asset has climbed into overbought territory, which means it may be due for a brief retrace.

[PRESS RELEASE – Panama City, Panama, May 19th, 2025] Gate, a global leading cryptocurrency trading platform, has officially adopted the new international domain Gate.com and unveiled a redesigned brand logo, marking a significant milestone in the platform’s evolution. This strategic move aims to unify brand identity, strengthen global presence, and enhance user trust, heralding a […]

The group offered "illegal hawala banking, cash collection, cash courier services, and the exchange of cryptocurrencies for cash," Europol said.