According to a report from CoinDesk dated May 16th, Sui Chung, CEO of crypto index provider CF Benchmarks, shared insights on the recent fluctuations in Ethereum’s price. He emphasized that the surge is primarily attributed to short covering—a tactic where traders rectify their bearish positions—rather than overwhelming bullish sentiment in the crypto market. This process … Read more
The European Union’s Markets in Crypto-Assets regulation — better known as MiCA — is now in its critical implementation phase. Designed to unify crypto regulation across all 27 EU member states, MiCA promises clarity, consumer protection and long-term market stability. But as implementation begins, cracks are already showing. In this week’s episode of Byte-Sized Insight, … Read more
Global foreign exchange and payments platforms are lobbying hard against stablecoins, which stand to significantly disrupt their business models, investor Kevin O’Leary said during a keynote address at Consensus 2025. Legacy forex and payments platforms often extract large fees for servicing cross-border cash transfers and stand to lose out on revenue if regulated stablecoins become … Read more
As cryptocurrency gains in popularity and price, some criminals are taking to violent measures to steal funds from high-profile crypto holders. Jameson Lopp’s GitHub repository, which logs such incidents, has recorded 22 “$5 wrench” attacks on crypto holders in 2025 alone. The moniker comes from the crude and violent methods perpetrators use to compel crypto … Read more
Ripple’s legal chief said a US court’s rejection of a proposed XRP settlement with the Securities and Exchange Commission (SEC) does not pose a threat to Ripple’s win. Judge Analisa Torres of the US District Court for the Southern District of New York rejected a joint Ripple-SEC motion seeking an indicative ruling on their proposed … Read more
Bitcoin price stood at $103,641 to $104,091 over the last hour on May 16, 2025, with a market capitalization of $2.05 trillion. The 24-hour trading volume totaled $31.98 billion, and prices fluctuated within an intraday range of $101,820 to $104,457 on Bitstamp. Bitcoin has been above the $100K range for a total of nine consecutive … Read more
Shares of luxury watchmaker Top Win surged more than 60% in premarket trading after the company said it would adopt a Bitcoin accumulation strategy and had changed its name to AsiaStrategy. In a May 16 announcement, AsiaStrategy said it is partnering with Sora Ventures to adopt a Bitcoin (BTC) treasury strategy. Sora previously partnered with … Read more
AUD/USD stays above the key support level of 0.6400, while the US Dollar trades with caution The RBA is expected to lower its OCR by 25 bps to 3.85% on Tuesday. Investors await the preliminary US Michigan Consumer Sentiment Index data for May. The AUD/USD pair is slightly higher to near 0.6420 during European trading … Read more
Nakamoto Holdings Inc. has been announced as the title sponsor of the Bitcoin 2025 Conference, the world’s largest gathering of Bitcoin enthusiasts, uniting builders, leaders, and believers in the world’s most resilient monetary network. The event will take place May 27-29, 2025, at the Venetian Convention and Expo Center in Las Vegas, Nevada. This landmark … Read more
Why did Fantom reinvent itself as Sonic? Fantom was one of the pioneers of the directed acyclic graph (DAG) design for distributed ledgers. It featured fast finality and transaction fees of a fraction of a cent. However, Fantom relied on the Ethereum-derived account storage model and the EVM, which led to bloated storage and slow … Read more