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Bitcoin depot files for bankruptcy, shuts down crypto ATMs
Bitcoin Depot has gone from being North America’s largest Bitcoin ATM operator to filing for bankruptcy and shutting down its entire network of ATMs, citing state regulations and unsustainable business models as reasons. The Atlanta-based crypto company, listed on Nasdaq under the ticker BTM, has filed for Chapter 11 in the U.S. Bankruptcy Court in...
Cryptopolitan
Mon, May 18
Canada’s opposition party ramps up pressure as Bill C-22 splits parliament
Canada’s proposed Bill C-22, known as the Lawful Access Act, has pushed encrypted messaging service Signal, VPN provider Windscribe and other companies to threaten to leave Canada. The bill has also split Canada’s parliament, sparking daily warnings from opposition MPs. Across the Southern border, too, U.S. congressional committees are warning that the bill threatens American...
Cryptopolitan
Mon, May 18
Tether invests in financial platform LemFi to increase stablecoin remittance in emerging markets
Tether and LemFi, two financial juggernauts in different sectors, have announced a partnership. Tether, the issuer of popular stablecoin USDT, announced on Monday that it had invested in the fintech app used to transfer funds from Europe and the Americas to Africa and Asia. The deal will embed USDT as a system for payments across...
Cryptopolitan
Mon, May 18
High insurance costs threaten EV boom as the sector pivots to smart tech
Families across Europe are struggling to keep up with soaring car prices, which have been a significant drain on household budgets since the epidemic. Insurance premiums have risen by 37% since 2021, while repair and maintenance expenses have risen by 20% to 30% as vehicles have become more complicated and parts such as batteries have...
Cryptopolitan
Mon, May 18
KB Financial Group tests KRW stablecoin for payments and remittances
KB Financial tested KRW stablecoins for payments, remittances, and offline QR transactions in South Korea.
Cryptopolitan
Mon, May 18
Iran launches a Bitcoin-backed insurance service for ships crossing the Strait of Hormuz
Iran has launched Hormuz Safe, a new Bitcoin-backed insurance service for ships crossing the Strait of Hormuz, as Tehran turns one of the world’s busiest energy routes into a crypto-linked shipping product. The service is meant for Iranian shipping companies and cargo owners, and the government says it could bring in more than $10 billion...
Cryptopolitan
Mon, May 18
Trump’s Iran Warning Sends Bitcoin Tumbling Below $77K In Risk-Off Shock
Bitcoin’s bearish momentum hit hardest on the technical charts, with the cryptocurrency breaking below all major exponential moving averages by early Monday. Trading around $76,750, it sat well beneath the 20-hour EMA at $77,580, the 50-hour at $78,120, the 100-hour at $78,767, and the 200-hou...
NewsBTC
Mon, May 18
Analyst Predicts Bitcoin And Ethereum Price For The Rest Of 2026, What To Expect
A crypto market analyst has shared his Bitcoin and Ethereum price forecasts for the rest of 2026 quarters. The predictions come at a key moment in the currently volatile market, with investors looking for clear signals heading into the second half of the year. While the analyst’s ETH forecast covers...
Bitcoinist
Mon, May 18
Breaking: Elon Musk losses OpenAI lawsuit as jury sides with Sam Altman and Greg Brockman
Elon Musk lost his lawsuit against OpenAI, Sam Altman, Greg Brockman, and Microsoft (MSFT) on Monday after a nine-person jury rejected his claims in under two hours. The decision followed a three-week trial in Oakland, California, in which Elon sought to prove that OpenAI breached the purpose for which it was formed. U.S. District Judge...
Cryptopolitan
Mon, May 18
Strategy scoops $2B in Bitcoin as Iran launches BTC-backed shipping insurance
Strategy announced that it acquired 24,869 Bitcoin (BTC) for approximately $2.01 billion last week, marking one of its largest purchases in recent weeks.
Bitcoin
Fxstreet
Mon, May 18
Goldman Sachs Rebalances Crypto Exposure: XRP, SOL Out, ETH Down 70%, Hyperliquid In
Wall Street giant Goldman Sachs has made a notable shift in its crypto-related exchange-traded (ETF) fund positions, according to a recent filing submitted to the US Securities and Exchange Commission (SEC). The update shows the firm exiting XRP- and Solana (SOL)-linked ETF exposure, while also trim...
NewsBTC
Mon, May 18
How To Time The Dogecoin Bottom And When The Price Will Reach $2
Dogecoin’s next major move may depend less on hype and more on exhaustion. A new technical analysis from crypto analyst Cryptollica proposes that the leading meme coin is now trading at another cycle-bottom zone, and the weekly chart is showing the same kind of RSI washout and long compression that ...
NewsBTC
Mon, May 18
XRP’s Recent Strategic Setup Could Mark The End For Bears – Crypto Analyst Says
A growing sense of optimism is returning for XRP following recent bold forecasts from analysts about the altcoin reaching unprecedented price levels. During this wave of optimism, a crypto expert has outlined a growing setup that signals that bears are losing control of the market once again. Pundit...
Bitcoinist
Mon, May 18
Paris G7 talks put inflation and bond market stress in focus
G7 Finance Ministers and Central Bank governors meet in Paris this Monday to discuss the economic fallout from the Iran War.
Cryptopolitan
Mon, May 18
This US Mega Bank Is Going Big On XRP, Here’s How Large A Share They Own Of XRP ETFs
US-based global investment bank Goldman Sachs is betting big on XRP, with reports revealing a massive stake in XRP Exchange Traded Funds (ETFs). The move comes as the regulatory conditions around XRP become clearer, prompting many institutions to begin accumulating the cryptocurrency globally. How M...
Bitcoinist
Mon, May 18
Ripple’s Early Banking Ally Now Connected To X Money Expansion
Ripple’s early push into banking partnerships may be finding new relevance in an unexpected place. One of its long-time collaborators has resurfaced at the center of X Money, the payments initiative tied to X’s broader ambition to become a global financial super app. What once served as a brid...
NewsBTC
Mon, May 18
Adshares hacker returns 86% of $628K loot as analysts expose post-hack vulnerabilities
The attacker behind the Adshares bridge exploit has returned 256 ETH to the project's deployer address, covering about 86% of the estimated $628,000 loss.
Cryptopolitan
Mon, May 18
Ripple Price Forecast: XRP stares at deeper losses as retail demand fades
Ripple (XRP) remains pressured below $1.40 at the time of writing on Monday, reflecting a broader sell-off in the crypto market.
XRP
Fxstreet
Mon, May 18
Goldman cuts crypto ETF bets as ETH holdings fall 70%
Goldman Sachs fully exited its XRP and Solana ETF positions in Q1 2026.
Cryptopolitan
Mon, May 18
ReYuu Japan and Universal Digital back out of $100M crypto treasury deal as trend goes cold
ReYuu Japan and Universal Digital scrapped their $100 million loan agreement because investors have become wary of crypto treasury strategies.
Cryptopolitan
Mon, May 18
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