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Ethereum Sentiment Collapsed To 2023 Levels: Historic Data Suggests A Contrarian Setup
Ethereum is struggling below $2,150 as selling pressure continues to define the market’s short-term direction and the recovery that briefly pushed ETH toward $2,400 fades into memory. The decline is uncomfortable — but top analyst Darkfost has identified a signal in the derivatives data that r...Bitcoinist
Thu, May 21
Bitcoin Price Bounce Weakens, Downside Risks Begin Rising Again
Bitcoin price started a recovery wave above the $76,800 zone. BTC is consolidating and might aim for more gains if it clears the $78,300 resistance zone. Bitcoin managed to form a base above $76,000 and started a recovery wave. The price is trading above $77,200 and the 100 hourly simple moving aver...NewsBTC
Thu, May 21
Crypto Gains State-Level Support As South Carolina Bans Federal CBDCs
South Carolina is now one of more than a dozen US states that have passed laws protecting cryptocurrency rights — and it did so with almost no pushback. Related Reading: Crypto AI Platform Bankr Locks Down System After Hacker Breaches 14 Crypto Wallets Governor Henry McMaster signed Senate Bill 163 ...Bitcoinist
Thu, May 21
XRP’s Big Buyers Returned In April But left In May: Capital Inflows Data Explains The Shift
XRP is struggling below resistance as selling pressure weighs on a price that has retreated from the $1.45 level that briefly offered hope of a sustained recovery. The market is cautious, and an Arab Chain report tracking institutional accumulation behavior has identified a shift in large investor a...NewsBTC
Thu, May 21
Missouri AG targets CoinFlip in crypto ATM fraud lawsuit seeking $1.8M in penalties
Missouri’s AG sued CoinFlip for knowingly allowing scammers to use its Bitcoin ATMs to steal money from residents and for charging fees as high as 22% without informing customers. The lawsuit seeks to shut the company’s doors in Missouri and impose a fine of up to $1.8 million. The lawsuit was filed in the Circuit...Cryptopolitan
Thu, May 21
SpaceX targets 10,000 launches a year within five years, FAA administrator says
SpaceX President Gwynne Shotwell told FAA Administrator Bryan Bedford the company is targeting 10,000 rocket launches a year within five years. “I don’t think today we’re the limiting factor,” Bedford added. The target aligns with Elon Musk’s March 31 post on X: “In 4 or 5 years, there will be a launch every hour.” Hourly...Cryptopolitan
Thu, May 21
Ripple’s Fed Master Account Bid Gains Momentum After Trump Order
President Donald Trump has signed an executive order pushing US financial regulators and requesting action from the Federal Reserve to review whether fintech and crypto-linked firms should get broader access to core payment infrastructure. For Ripple, which has been seeking a Fed master account tied...Bitcoinist
Thu, May 21
Why Multicoin Is Betting Big On Zcash: Tushar Jain Lays Out The Bull Case
Multicoin Capital co-founder Tushar Jain said the firm’s recent investment in Zcash was driven by a convergence of stronger market traction, improving infrastructure and a broader return to crypto’s privacy roots. Speaking on the latest Bankless podcast released May 19, Jain argued that Zcash has mo...NewsBTC
Thu, May 21
Tether tightens control of Twenty One Capital after SoftBank sells 25% stake
Tether now holds more control over XXI after buying out SoftBank’s entire stake in Twenty One Capital (NYSE: XXI) for $711 million. Softbank paid $1 billion for its stake but sold it at a loss of $288 million. Tether published a press release on its website confirming the deal and now wants XXI to merge...Cryptopolitan
Thu, May 21
Crypto Access To Banks In Focus After Trump’s New Executive Order
Wyoming’s special purpose depository institutions — companies built around crypto — could soon have a path to something they’ve long been denied: a Federal Reserve master account. A new executive order signed by US President Donald Trump puts that possibility on the table, along with a b...NewsBTC
Thu, May 21
The Brutally Honest Truth About Bitcoin That Most People Miss
A crypto analyst has shared a new analysis of Bitcoin (BTC), sharing many brutal truths that most people in the crypto market tend to miss. The analyst noted that despite the recent decline in Bitcoin’s price, most market participants still believe that the flagship cryptocurrency can rally much hig...Bitcoinist
Thu, May 21
Trump administration weighs AI model reviews as tech giants race to ship faster
The Trump administration is looking at a new order that would let US security agencies check powerful AI models before companies put them out for the public. The plan came up in a White House briefing led by the Office of the National Cyber Director. The meeting included OpenAI, Anthropic, and Reflection AI, all private...Cryptopolitan
Wed, May 20
'Crypto Mom' Hester Peirce has a new job as SEC tenure nears end
Hester Peirce, arguably the Securities and Exchange Commission’s most recognizable advocate for the cryptocurrency industry, will leave the agency this autumn to join Regent University School of Law in Virginia as an associate professor. A university press release confirmed on Tuesday, May 19, that Peirce, widely known in the industry as “Crypto Mom,” will take...Cryptopolitan
Wed, May 20
US Treasury Cracks Down Drug Lord’s Crypto Money-Laundering Ring Linked To Sinaloa Cartel
The US Treasury announced on Wednesday a fresh round of sanctions targeting the Sinaloa Cartel, citing growing evidence that elements of the organization are using crypto to support fentanyl trafficking and launder drug proceeds. Crypto To Move Fentanyl Proceeds Treasury noted that the Sinaloa Carte...Bitcoinist
Wed, May 20
Trump Mobile draws scrutiny over user data leaks, false 'Made in America' claims
Eleven months after its launch at Trump Tower, Trump Mobile is facing a barrage of scandals involving customer privacy violations, misleading advertising, and potential fraud. Aside from these problems, the company, promoted by Donald Trump Jr. and Eric Trump, is now the subject of an official inquiry from a U.S. Senator. Is Trump Mobile leaking...Cryptopolitan
Wed, May 20
Here’s How High The Ethereum Price Would Be if It Matches The Market Cap Of Gold
A crypto analyst has shared a new report from Etherealize, a leading crypto research firm, which projects how high the Ethereum price could reach if its market capitalization were to match that of gold. The expert believes that, beyond price action, the Ethereum network could also evolve into a glob...NewsBTC
Wed, May 20
The Bitcoin Playbook To Know: Step 4 Says A Crash Is Coming, But Where’s The Bottom?
Bitcoin has followed its current script before. According to one crypto analyst, it may be doing so again, and if history holds, the next move is not upward. Crypto analyst Merlijn The Trader has outlined a six-step framework on X that places BTC’s current price action directly onto the struct...Bitcoinist
Wed, May 20
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