Tether’s reign as the unregulated kingpin of stablecoins just got a fresh lease on life — courtesy of the U.S. Senate’s failure to pass the GENIUS Act. The cryptocurrency stablecoin almost ended its smooth business in the US, with several Senate Republicans and possibly some Democrats pushing to bring it under U.S. jurisdiction. The Guiding … Read more
Binance’s alleged ties to a Trump-backed crypto venture are igniting Washington, as Senate Democrats demand urgent answers on regulatory rollbacks and covert Treasury dealings. Treasury Pressured to Expose Binance Ties to Trump’s Crypto Venture The U.S. Senate Committee on Banking, Housing, and Urban Affairs announced on May 9 that five Democratic Senators had sent a … Read more
Key Points: The SEC to hold a significant roundtable on asset tokenization with major industry leaders. Event aims to explore traditional and decentralized finance integration. Participation signals regulatory engagement with institutional interest in blockchain. SEC Roundtable to Discuss Asset Tokenization and TradFi-DeFi Integration The U.S. Securities and Exchange Commission (SEC) will host a roundtable on … Read more
On May 11th, COINOTAG reported that Ethereum encountered robust resistance at the $2380 mark, attributed to a substantial volume of buy orders, establishing this as a critical price level. Recent trading activity, however, suggests a dramatic shift, as Ethereum has successfully breached this resistance within a mere two-day span. This advancement hints at the potential … Read more
COINOTAG News reported on May 11 that significant movements in the cryptocurrency market have taken place recently. According to Ashes Monitoring, 16 million USDC was strategically transferred into Hyperliquid as of May 9. This transaction enabled traders to establish a 5x leveraged short position valued at approximately $50.5 million across key cryptocurrencies including BTC, ETH, … Read more
XRP roared into 2025 as the breakout crypto winner, outpacing rivals with ETF inflows, regulatory breakthroughs, and Ripple’s $1.25B acquisition turbocharging institutional dominance. XRP Leads With ETF Surge, Clearer Rules, and Major Ripple Acquisition Ripple Labs published its XRP Markets Report for Q1 2025 earlier this week, highlighting XRP’s superior market performance, increasing institutional adoption, … Read more
XRP roared into 2025 as the breakout crypto winner, outpacing rivals with ETF inflows, regulatory breakthroughs, and Ripple’s $1.25B acquisition turbocharging institutional dominance. XRP Leads With ETF Surge, Clearer Rules, and Major Ripple Acquisition Ripple Labs published its XRP Markets Report for Q1 2025 earlier this week, highlighting XRP’s superior market performance, increasing institutional adoption, … Read more
COINOTAG News reports on significant market movements, highlighting recent activity in the cryptocurrency space. According to LookIntoChain analytics, a known whale initiated a long position on TRUMP two hours ago. However, a sudden downturn in TRUMP’s value prompted the trader to swiftly liquidate the position, resulting in partial losses. This reaction underscores the volatility inherent … Read more
They crypto bull move continued into the weekend thanks to a trio of positive macro developments. Likely most responsible for the move was a President Trump Truth Social post regarding trade talks being held in Switzerland between the U.S. and China. “A very good meeting today,” said Trump. “Many things discussed, much agreed to,” he … Read more
COINOTAG News, May 11th – In a recent interview, Ark Invest CEO Cathie Wood expressed optimism regarding the economic landscape, suggesting that the current downturn may soon conclude. Wood emphasized that despite recent challenges, the trajectory towards a $1.5 million Bitcoin remains viable. This forecast underscores a wave of institutional interest in cryptocurrency as a … Read more