Tether’s USDt (USDT) surpassed a $150 billion market capitalization for the first time on May 12, marking a new milestone amid growing stablecoin adoption. USDt’s circulating supply has expanded by over 36% in the past year, with growth accelerating in November following the election of US President Donald Trump. USDt’s market cap growth over the … Read more
Topline Some states in the northern U.S. could have a chance to see the northern lights on Monday, with quieter auroral activity expected through the week after recent geomagnetic storms, according to the National Oceanic and Atmospheric Administration. Weaker auroral activity is expected through the next two days, forecasters said. Getty Images Key Facts Auroral … Read more
According to CoinShares’ latest weekly report, the crypto market is showing signs of recovery after the disruption caused by President Trump’s tariffs. Over the past week, $882 million flowed into digital asset investment products, signaling a strong shift in market sentiment, with BTC attracting $867 million. CoinShares, a leading European digital asset investment firm, has released … Read more
Bitcoin (BTC) stabilized above $104,000 and recovered to the $105,000 level for the first time. Based on price metrics, profit-taking may start happening at prices above $106K. Bitcoin (BTC) may start seeing profit-taking at prices above $106,000, based on Alphractal data. The metrics show price levels where profit-taking is probable, based on historical data. BTC … Read more
Polymarket bettors currently place a 56% probability on U.S. President Donald Trump abolishing the long-term capital gains tax in 2025. Though Trump has yet to address the matter directly, policy documents aligned with his agenda—as well as proposals from right-leaning think tanks—have consistently championed a dramatic reduction of the capital gains tax. Trump Tax Twist? … Read more
Key takeaways: Possible de-risking ahead of the May 13 CPI print could be playing a role in today’s BTC price correction. Bitcoin market structure and qualitative fundamentals remain bullish, suggesting today’s correction could be short-lived. Bitcoin (BTC) price briefly stumbled on May 12, falling to $102,388 after hitting an intraday high at $105,819 during the … Read more
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee as we look into what Bitcoin (BTC) could be for Ireland, one of the countries dealing with US President Donald Trump’s tariff hikes. Amid global economic uncertainty, Bitcoin’s hedge status is … Read more
Despite sellers’ pressure, most of the coins remain in the green zone at the beginning of the week, according to CoinMarketCap. Top coins by CoinMarketCap DOGE/USD The rate of DOGE has risen by 4.43% over the last 24 hours. Image by TradingView On the hourly chart, the price of DOGE might have set a local resistance … Read more
Strategy has significantly expanded its Bitcoin position with the purchase of 13,390 BTC for approximately $1.34 billion at an average price of $99,856 per coin. The company announced the acquisition on X, revealing that the purchase took place between May 4 and May 11, marking one of its largest weekly BTC buys to date. As … Read more
Humans like to make analogies to understand new things better. It makes complete sense why we would look for one in the case of Bitcoin. Bitcoin is a novel concept to most people hearing about it for the first time, and can require great effort to grasp fully. Using the phrase “digital gold” to describe … Read more