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Trump's crypto ventures cause tensions to bubble over as Democratic lawmaker scuttles key hearing
House panels were due to discuss crypto billRepresentative Maxine Waters objected due to concerns about Trump venturesTrump has touted a meme coin, family crypto project Crypto industry has sought to portray digital asset regulation as a bipartisan issueBy Hannah Lang May 6 (Reuters) - Tensions o...
Reuters
Tue, May 6
Raoul Pal: Bitcoin Could Hit $450,000 In Liquidity-Driven Supercycle
At Sui Basecamp, macro investor and Real Vision co-founder Raoul Pal delivered a characteristically sweeping address that framed the current crypto market environment as the beginning of what he called a “liquidity-driven supercycle” — with Bitcoin potentially reaching $450,000 before the end of it....
NewsBTC
Tue, May 6
Bitcoin Reserve Report Delayed: US Treasury Silent After May 5 Deadline
Two months after US President Donald J. Trump signed an executive order to establish a Strategic Bitcoin Reserve (SBR), the US Treasury Department has missed its most consequential deadline yet, declining to release—or even acknowledge—the mandated evaluation that was due yesterday. The March 6 exec...
Bitcoinist
Tue, May 6
Alibaba’s Qwen3 unseats DeepSeek’s R1, now leads open-source AI models
Alibaba’s new Qwen3 family of AI models has surpassed DeepSeek’s R1 to become the world’s best open-source model. According to reports, Qwen3 did better than R1 in tests that measure open-source AI models’ abilities in areas like language instruction, math, coding, and data analysis. The Qwen3 family was launched last week by Alibaba’s cloud computing […]
Cryptopolitan
Tue, May 6
86% of Russian pyramid schemes go after victims’ crypto
An overwhelming majority of financial pyramid schemes operating in Russia target investors’ crypto funds, according to new data released by the country’s central bank. The Russian monetary authority has registered a spike in the number of fraudulent players offering fake investment opportunities involving digital assets, precious metals, and real estate. Fraudsters urge investors to send […]
Cryptopolitan
Tue, May 6
Top Google search result for HyperSwap is a sponsored ad meant to drain your wallet
Web3 anti-scam platform Scam Sniffer sounded the alarm on a HyperSwap crypto phishing scam, the latest in a trend of threat actors using Google Ads to infiltrate unsuspecting victims’ wallets. Scam Sniffer shared the warning in a post on X (formerly Twitter), revealing that the top Google search result for the decentralized HyperSwap exchange is […]
Cryptopolitan
Tue, May 6
21Shares launches Cronos ETP to expand Web3 access
21Shares launched the Cronos ETP under the ticker CRON today, offering investors exposure to the native token of the Cronos blockchain–CRO.
Cryptopolitan
Tue, May 6
The Altcoin Boom: 4 Cryptos, Including Dogecoin and Shiba Inu, Set to Surge by 2025
As the cryptocurrency market gears up for what could be a defining altcoin season, a select group of tokens is gaining fresh attention from analysts, traders, and crypto communities. Leading the charge are Dogecoin (DOGE), Shiba Inu (SHIB), and BONK — three of the most recognized meme coins in the space — alongside a fast-rising […]
Cryptopolitan
Tue, May 6
Bitcoin Set To Gain Over $300 Billion From Companies In Next 5 Years, Analysts Say
A growing number of public firms may begin purchasing Bitcoin in substantial quantities in the next five years, with more than $300 billion potentially entering the cryptocurrency by 2030. Related Reading: TRUMP Token Bloodbath: Whales Lose Big In $8.58 Million Sell-Off That’s what researchers...
NewsBTC
Tue, May 6
Is Cardano’s ADA Moment Gone as Mutuum Finance (MUTM) Gets All the Attention from Whale Investors?
The price of ADA from the Cardano network failed to hold its initial rise in 2025 above $0.80 and currently trades at $0.68 due to declining demand. Investors who previously expected ADA to reach $1 prices now invest in MUTM due to the popularity of its whale-powered DeFi project which has received $7.6 million from […]
Cryptopolitan
Tue, May 6
Trump tariffs to remain for at least the next 3 years – Ford’s CEO
Jim Farley, CEO of Ford Motor Company, says he expects tariffs to stay in place for at least three years. The company also said that it expects to lose billions in this war. However, it has maintained a positive stance and keeps taking risks, like maintaining the price for its vehicles if not going lower. […]
Cryptopolitan
Tue, May 6
Crypto VC funding slowed down to a four-year minimum in April
VC funding slowed down in April, with fewer deals and a shift to late-stage rounds. New project launches took a step back as traders were still suspicious of insider ownership.
Cryptopolitan
Tue, May 6
Worldcoin Collapsing? Two Nations Ban Biometric Crypto Project
The Sam Altman-backed cryptocurrency venture Worldcoin is facing stern legal issues on more than one front. A Kenyan court has ruled that the firm’s business is not legal, a day after Indonesian officials suspended its activities. The one-two regulatory blows have caused Worldcoin’s toke...
Bitcoinist
Tue, May 6
UK Treasury says it doesn’t want anything to do with a Bitcoin reserve
The UK Treasury doesn’t want a Bitcoin reserve and it’s making sure we get that. Speaking at the Financial Times Digital Asset Summit in London, Emma Reynolds, the Economic Secretary for the Treasury, said on record that the UK won’t be copying the United States government’s crypto hoarding. “We don’t think that’s appropriate for our […]
Cryptopolitan
Tue, May 6
$25 Million Pledge From Ripple Set To Benefit Teachers And Students Across The US
Ripple, the blockchain technology company, has announced a significant commitment of $25 million aimed at supporting US classrooms and teachers. This initiative is designed to equip both students and educators with essential resources to improve academic outcomes, foster economic resilience, and pre...
NewsBTC
Tue, May 6
Spain’s blackout was a $454 million hit to the economy
Spain’s largest blackout on record shaved almost €400 million from the economy, Spain’s biggest domestic bank says, after an hours-long power cut stopped shopping and travel across most of the mainland. CaixaBank studied card payments, online orders, and cash withdrawals. It found that consumer spending on Sunday, 28 April, fell 34% during the blackout. Some […]
Cryptopolitan
Tue, May 6
Top Expert Picks – Cardano (ADA), and 2 Must-Have Altcoins Under $0.05 to Buy Now
With May picking up momentum, leading crypto experts are wagering on three under-the-radar altcoins, beginning with Cardano (ADA) for long-term viability. However, it is the lower, less established tokens below $0.05 that are drawing interest. As Shiba Inu (SHIB) continues to captivate meme coin fans and Mutuum Finance (MUTM) receiving serious interest due to its […]
Cryptopolitan
Tue, May 6
The Best Meme Coins to Buy as Santiment Analysis Hints at a Market Recovery
Santiment analysis shows that the meme coin market is in full recovery, which means that it may be time to look at the best meme coins to buy in 2025. The assessment came in the form of a more extensive report, pointing at a 10.2% growth for the crypto market as a whole and linking […]
Bitcoinist
Tue, May 6
Insiders made $100 million on MELANIA token minutes before Melania Trump’s post
The Financial Times has uncovered how insiders made $99.6 million on the MELANIA memecoin. According to the report, the insiders bought the token a few minutes before its official launch and cashed out big on the trade. The report identified 24 addresses that bought 16.77 million of the Melania Trump-affiliated tokens for $2.6 million within […]
Cryptopolitan
Tue, May 6
Worldcoin Launches in the US, AI Coins Like SUBBD to Skyrocket
Worldcoin ($WLD), the native crypto of the Altman-backed ‘World Orb’ eye-scanning project, is now available in most parts of the US. Tools for Humanity’s ‘World orb’ is an initiative by the OpenAI founder that offers people $WLD in exchange for scanning their eyes. The ...
NewsBTC
Tue, May 6
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