Crypto

The investment firm attributed the surge partly to rising interest in layer-2 networks.

Kazakhstan crypto leaders have outlined plans to relax trading limits, license miners, and pair grid upgrades with foreign investors. Volumes at Astana’s finance centre have risen from $324 m to $1.4 bn, yet 91 % of activity still falls outside oversight, prompting calls for a nationwide framework. The post Kazakhstan Crypto Skyrockets to $1.4B as Nation Targets Central Asia Crypto Dominance appeared first on Cryptonews.

Coinbase and a marketing firm have agreed to pay $2,250,000 to settle a class action lawsuit related to a Dogecoin sweepstakes from 2021.

The new exchange traded fund aims to offer exposure to an array of crypto stocks and financial instruments. VanEck has launched a new actively managed exchange-traded fund (ETF) designed to invest in stocks and financial instruments offering exposure to the digital economy, the asset manager said on May 14. The VanEck Onchain Economy ETF (NODE) is listed on the Cboe exchange and aims to provide investors with broad exposure to companies operating in the blockchain ecosystem, including crypto miners, exchanges, infrastructure providers, and crypto-oriented financial technology platforms, VanEck said in a press release.  The NODE ETF will also “consider any company that has clearly communicated plans to engage in this space, as evidenced through public filings, earnings calls or investor materials,” VanEck said. Read more

Summer Mersinger’s move to the Blockchain Association comes as the CFTC looks poised to become the industry’s chief regulator.

DEK:The congressman said he thinks getting a stablecoin bill and a market structure bill on President Donald Trump’s desk by the August recess is “still doable.”

On-chain data firm CryptoQuant has identified the Bitcoin addresses of listed miners and has derived intra-month revenue for MARA, WULF, RIOT, HIVE, CORZ, CLSK, BITF, CIPHER and IREN. Annualised figures place WULF and MARA on 4.4× revenue multiples, while IREN trades at a discount. The post Bitcoin Miners WULF and MARA Trade at 4× Revenue Premiums, IREN Lags appeared first on Cryptonews.

The Pi Foundation has launched Pi Network Ventures, a $100 million fund to support startups integrating the Pi token into practical, real-world use cases. The initiative, announced on May 14, aims to boost adoption and drive long-term growth within the Pi ecosystem by targeting businesses beyond the traditional Web3 space. The Foundation stated that the […] The post Pi Foundation unveils $100 million investment initiative to drive real-world utility appeared first on CryptoSlate.

Altcoin season carries on as Bitcoin price consolidates throughout the week. Key points: Bitcoin remains above $100,000, but buyers are struggling to sustain prices above $105,000. Strong altcoin performances suggest an altseason has started. Read more

"We’re here 24/7, but your vigilance is the first line of defense," Richard Teng said.

Arkham has risen 6.5 % in 24 hours and 50 % this month, driven by a U.S. exchange linking its AI analytics with trading access. New wallet-tracking for major X accounts has boosted sentiment, but its $190 M valuation remains below peers, leaving upside toward the $1.79 technical target. The post Arkham ($ARKM) Sees 50% Monthly Gain: Can the Blockchain Intel Token Hit $1.79? appeared first on Cryptonews.

Luno has added a sixth staking option, Cosmos (ATOM), for South African investors. Early participants can earn up to 18% until 16 June 2025 before rates shift to as much as 11% per year. The update lifts Luno’s supported staking assets to Ethereum, Solana, Cardano, Polkadot, Near and Cosmos. The post Crypto Exchange Luno Adds Sixth Staking Wallet, Offering Users 18% on Cosmos appeared first on Cryptonews.

Some vanished into the ocean, others into thin air. A few weren’t even dead. Zerebro developer Jeffy Yu has been found alive at his parents’ home in San Francisco, days after faking his suicide on a livestream that launched a supposed posthumous memecoin past $100 million. Yu’s case isn’t the first time crypto has blurred the line between real death, faked death and something in between.  From missing founders to sealed caskets, the industry has a long history of exits that left behind more questions than closure. Read more

Steady capital inflows and bullish technical data point to Bitcoin hitting new highs before the end of May. Key Takeaways: Bitcoin’s realized cap has grown by $30 billion since April 20, reflecting steady investor confidence and new capital inflows. A Bitcoin price consolidation pattern forecasts a potential 10% breakout by next week. Read more

Canada categorized stablecoins as securities and/or derivatives in December 2022, a month after the collapse of cryptocurrency exchange FTX. Tanim Rasul, chief operating officer at Canadian crypto exchange NDAX, said Canada “got it wrong” categorizing stablecoins as securities in 2022, and the country needs to realize that every other regulatory regime is looking at stablecoins as payment instruments. Rasul made the remarks during a panel on May 13 at the Blockchain Futurist Conference in Toronto, pointing to Europe's crypto regulatory framework as a model for Canada to consider: The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022, following “recent events in the crypto market,” such as the dramatic collapse of crypto exchange FTX just a month before. Read more

The request marks an escalation in Congressional scrutiny on whether the President and his entourage are abusing their positions to benefit their crypto businesses.

Coinbase CEO Brian Armstrong extended a public invitation to employees of the US Department of Government Efficiency (DOGE), encouraging them to apply for roles at the crypto exchange after they leave their current roles. Armstrong announced the move in a social media post on May 14, where he described the opportunity as a new mission […] The post Coinbase CEO wants to hire DOGE staff to help improve the global financial system appeared first on CryptoSlate.

Gary Gensler, once viewed as a crypto-savvy regulator, has privately endorsed digital assets while publicly leading more than 100 SEC enforcement actions. Interviews and market data have shown the approach has slashed U.S. venture funding and spurred a push for consistent, collaborative oversight. The post Gary Gensler Exposed: Secret Crypto Support, Public Crackdown – McHenry Explains appeared first on Cryptonews.

XRP price technical breakouts support a strong bullish continuation toward $3.69 in the short term and $17 in the long term. Key takeaways: XRP has surged 65% in a month, with technicals pointing to another 45% rally. Liquidation heatmap shows $2.68 as key resistance; a breakout could drive price toward $2.87 Read more

Ether’s ongoing price appreciation has increased the percentage of addresses holding the cryptocurrency in profit to more than 60%.