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
Hedera has slipped by 1% in the past 24 hours, diverging slightly from the broader market’s bullish momentum. This minor dip comes after a few days of price consolidation, potentially setting the stage for a renewed upward move. On-chain indicators suggest that bullish sentiment may be returning to the HBAR market. With waning selling pressure, … Read more
The global head of policy at TRM Labs, a blockchain analytics firm that helps law enforcement investigate crypto fraud, shared that he believes Coinbase’s handling of the latest hack is a “really great example to other businesses in terms of how to handle” dealing with hacks of exchanges. At a panel at Consensus 2025, Ari … Read more
Ethereum Merge architect Justin Drake told Cointelegraph that he believes it would be cheaper to launch a 51% attack on Bitcoin than on Ethereum. Drake said it would be “much cheaper to 51% attack Bitcoin” and that it would cost “on the order of $10 billion.” Drake led work on Ethereum’s proof-of-stake (PoS) implementation and … Read more
Key takeaways: XRP (XRP) price shows positive signs as a bullish technical pattern emerges on its weekly chart, coinciding with increasing open interest. Increasing OI backs XRP upside XRP price is down 2% over the last 24 hours to trade above $2.40 on May 16, but has gained 13% over the past two weeks as … Read more
Bitcoin is surging in 2025, igniting speculation about a historic Bitcoin supercycle. After a volatile start to the year, renewed momentum, recovering sentiment, and bullish metrics have analysts asking: Are we on the cusp of a 2017 Bitcoin bull run repeat? This Bitcoin price analysis explores cycle comparisons, investor behavior, and long-term holder trends to … Read more
Homepage > News > Business > This Week in AI: AI vs US Copyright Office; Grok under fire AI vs. the United States Copyright Office There’s tension brewing between artificial intelligence (AI) companies and the U.S. Copyright Office. This week, the Trump administration abruptly fired Shira Perlmutter, head of the U.S. Copyright Office. The firing came just days … Read more