Bitcoin is poised for stronger performance than gold this year, driven by increased institutional interest and market dynamics. The ongoing trend indicates that Bitcoin’s potential is further amplified by recent corporate treasury allocations and favorable legislation. According to JP Morgan analysts, “We expect the year-to-date zero-sum game between gold and Bitcoin to extend to the … Read more
Jason Guthrie, head of product at asset manager WisdomTree, says he’s optimistic despite a noticeable lack of hype that typically comes along with a crypto bull run. There hasn’t been a “really frothy use case that has typically driven these market cycles previously,” such as initial coin offerings (ICOs), non-fungible tokens (NFTs), or DeFi lending, … Read more
In a groundbreaking move, DDC Enterprise Ltd., a prominent e-commerce firm operating in both China and the United States, has revealed plans to incorporate Bitcoin as a key component of its financial strategy. As detailed in a recent shareholder letter by Norma Chu, the firm aims to amass a total of 5,000 bitcoins over a … Read more
Addentax Group Corp, a Chinese textile and apparel company, announced plans to acquire up to 8,000 bitcoins and other digital assets, including the memecoin TRUMP, by issuing shares of common stock. Addentax Group to Bring Crypto Influencers on As Shareholders Chinese textile and apparel company Addentax Group Corp. announced on May 15 that it has … Read more
Another 12 people have been charged for their involvement in a $263 million crypto crime spree that stole 4,100 Bitcoin from a Genesis creditor last August, along with a string of break-ins and money laundering. The 12 new names, included in a superseding indictment, add to charges originally brought against the main defendant in the … Read more
Bitcoin might still dominate the headlines, but in 2025, the crypto market is far bigger and far more diverse than one coin. Altcoins have grown up. What started as a loose group of Bitcoin alternatives with shaky foundations has evolved into a broad, competitive ecosystem. Today, altcoins are powering entire financial networks, enabling new tech … Read more
Elon Musk’s artificial intelligence firm xAI has blamed an “unauthorized modification” to the Grok chatbot’s response, causing it to generate responses mentioning political and racial tensions in South Africa. On May 16, xAI provided an update on the Grok AI chatbot’s inflammatory responses, stating that on May 14, “an unauthorized modification was made to the … Read more
Pi Network price crashed after the much-anticipated ecosystem news fell short of expectations on Wednesday, May 14. It has fallen by almost 50% from its highest point this week, erasing $4 billion of value. Still, the ongoing Pi Coin listing by Binance and HTX could fuel a rebound. Pi Network Price Could Recover After a … Read more
Coinbase stock dipped after news broke of a cyberattack that exposed customer data and an ongoing Securities and Exchange Commission investigation over misstated user numbers in 2021. The double whammy of bad news rattled investors as company stock (COIN) slid 7% in a fall to $244 in after-hours trading on May 15, according to Google … Read more
On May 16th, COINOTAG reported a significant advancement in the cryptocurrency landscape with BUIDL’s introduction of a pioneering direct DeFi protocol integration. This initiative, in partnership with Avalanche and the Euler Protocol, leverages the **sToken framework** established by **Securitize**. This innovative collaboration facilitates the expansion of use cases for **sBUIDL**, BUIDL’s **composable ERC-20 token**. Users … Read more