Key takeaways: Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces. On-chain data suggests the current profit taking is too weak to extinguish Bitcoin’s current price momentum. Bitcoin (BTC) price has spent the bulk of the week pinned … Read more
Bitcoin’s recent price surge has not deterred professional investors from adjusting their strategies, signifying a complex market sentiment at play. Despite Bitcoin soaring nearly 24% in the last month, Bitfinex margin longs have contracted significantly, indicating traders might be realizing profits cautiously. “The current dynamics suggest that whales are not bearish, yet they are strategically … Read more
Basel Medical Group Ltd has entered exclusive negotiations to acquire US$1 billion worth of Bitcoin in a strategic move to strengthen its balance sheet and diversify its treasury reserves. The announcement, made on May 16, marks a significant shift for the Singapore-based healthcare company, as it looks to blend digital asset investment with aggressive growth … Read more
Crypto is erupting into mainstream finance as major advisory firms embrace digital assets, with billions set to flow and 5% allocations becoming the new norm, Bitwise says. The ‘Big Unlock’ Is Happening—Billions Poised to Shift Across Wealth Portfolios Bitwise Asset Management’s chief investment officer, Matt Hougan, offered a bullish outlook on crypto adoption within traditional … Read more
Sen. Richard Blumenthal (D-CT) skewered the Trump family’s crypto firm, World Liberty Financial, on Friday—for what he called its “seriously inadequate” response to a Senate inquiry into the company’s business practices. “This seriously inadequate response conveniently avoids the fact that foreign governments and others can enrich and compromise the President through World Liberty Financial,” Blumenthal … Read more
The Economist has taken scathing criticism of the cryptocurrency sector, describing it as the “ultimate swamp asset” and accusing it of straying from the ideals of decentralization, particularly in the context of US politics. The Economist Denounces Cryptocurrency as the “Ultimate Swamp Asset,” Criticizes US Industry’s Turn to Political Rent-Seeking The paper argues that the … Read more
Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported. According to the May 16 report, the measures include priority access to police emergency lines, home security assessments, and safety briefings from French law enforcement to ensure best practices are being … Read more
Alexander Skarsgård in “Murderbot.” Apple TV+ Murderbot — a sci-fi action-comedy series starring Alexander Skarsgård — is new on streaming on Apple TV+. When will new episodes be released? Murderbot arrived on Apple TV+ on Friday with a two-episode premiere. The streaming service’s summary for the series reads, “Based on Martha Wells’ bestselling Hugo and … Read more
(L/R) US actress Jenna Ortega, Canadian singer Abel Makkonen Tesfaye aka The Weeknd and Irish actor … More Barry Keoghan attend the world premiere of Lionsgate’s “Hurry Up Tomorrow” in New York, May 13, 2025. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Abel “The Weeknd … Read more
In recent weeks, a proposal aiming to eliminate Bitcoin’s 80-byte limitation on script opcodes has stirred spirited debate, culminating in what some are calling the OP_RETURN War of 2025. On Thursday, block 896,696 featured an unusually large non-standard OP_RETURN—so expansive it occupied the entire block with a solitary transfer. OP_RETURN ‘Rickrolling’ Discussion around the Bitcoin … Read more