Bitcoin is making traders wait even longer for a move out of its current range — but not everyone thinks that new all-time highs are a sure bet next. Key points: Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction. Price discovery is keenly awaited, but downside predictions include levels further toward $90,000. Read more
Banks are rapidly pivoting away from past practices of shunning crypto businesses to consider upgrading their payments infrastructure using stablecoins, eyeing them as the next frontier for payment innovation. Opinion by: Megan Knab, CEO, Franklin Payroll There are few historical examples of such a massive about-face for an industry, from banks debanking crypto businesses to now embracing stablecoins. If you talk to most crypto startup founders or companies with crypto on the balance sheet, they will all have war stories about finding, applying for and maintaining bank accounts. Over the past three years, over half of debanking complaints have been lodged against four American banks — Bank of America, JPMorgan, Wells Fargo and Citibank. Now, as the policies that discriminated against the crypto industry, like “Operation Chokepoint 2.0” and the recision of controversial accounting rule SAB 121, have been repealed, a new openness to blockchain technology from the finance sector is possible. Read more
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 states, MiCA promises clarity, consumer protection and long-term market stability. But as implementation begins, cracks are already showing. In this week’s episode of Byte-Sized Insight, we explore the key provisions of MiCA now in force, particularly around stablecoins, and why some of the largest players in the market are refusing to comply. As of January 2025, crypto asset service providers (CASPs) began acquiring licenses to operate legally within the EU. A transitional or “grandfathering” period allows existing firms up to 18 months, depending on the member state, to comply. Still, with deadlines approaching, firms are being forced to act quickly. Read more
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 alone. The moniker comes from the crude and violent methods perpetrators use to compel crypto holders to hand over their bags. In many cases, local law enforcement can intervene before anyone is harmed and funds are lost. But there is a growing trend of increasingly violent and successful attacks, some of which have resulted in permanent harm and even death. Read more
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 (SEC) does not pose a threat to Ripple’s win. Judge Analisa Torres of the US District Court for the Southern District of New York rejected a joint Ripple-SEC motion seeking an indicative ruling on their proposed settlement, according to a filing on May 15. Ripple’s chief legal officer, Stuart Alderoty, said the rejection does not reverse the company’s victory in the case. The company announced the end of the lawsuit on March 19. Read more