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Key takeaways: A longer-term ETH price rally is dependent on SEC approval of in-kind ETF creation and staking to attract more investors. AI adoption and Ethereum layer-2 growth must drive onchain activity to restore the network’s deflationary burn mechanism. Ether (ETH) surged 43.6% between May 7 and May 14, but its current price of $2,600 …
Continue reading “3 reasons why Ethereum price could rally to $5,000 in 2025”
The Ethereum Foundation has launched a security initiative aimed at supporting the broader adoption of onchain technologies, according to a May 14 announcement. The effort is part of an ongoing push to strengthen Ethereum’s role in programmable digital assets. Fredrik Svantes, a protocol security research lead, and Josh Stark from the Ethereum Foundation management team …
Continue reading “Ethereum Foundation unveils security initiative to supplant legacy systems”
Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a year earlier, as the Bitcoin miner pivots from mining to high-performance computing for artificial intelligence applications. The miner posted $67 million in sales for the quarter ended March 31, up 33% from the year prior. …
Continue reading “Bitfarms clocks $36M net loss amid shift from Bitcoin mining to AI”
Adrienne Harris, the head of the New York State Department of Financial Services (NYDFS), said New York has an “outsized role to play” in the crypto ecosystem, particularly in shaping regulatory frameworks for digital assets. During a panel on May 14 at Consensus 2025 in Toronto, she said the NY estate is frequently asked to …
Continue reading “New York has 'outsized role to play' in crypto ecosystem — State regulator head”
Crypto founders headed to Washington, DC, to meet with lawmakers ahead of another expected vote on a stablecoin bill that initially failed in the Senate, according to Coinbase CEO Brian Armstrong. In a May 14 X post from the US Capitol rotunda, Armstrong said as many as “60 [crypto] founders” had gathered in DC to …
Continue reading “Crypto execs flock to DC to support Senate stablecoin bill”
VanEck has launched a new actively managed exchange-traded fund (ETF) designed to invest in stocks and financial instruments offering exposure to the digital economy, the asset manager said on May 14. The VanEck Onchain Economy ETF (NODE) is listed on the Cboe exchange and aims to provide investors with broad exposure to companies operating in …
Key points: Bitcoin remains above $100,000, but buyers are struggling to sustain prices above $105,000. Strong altcoin performances suggest an altseason has started. Bitcoin (BTC) is trading above $103,000, with buyers attempting to drive the price to the all-time high of $109,588. Research firm Santiment said in a post on X that Bitcoin whales and …
Continue reading “Price predictions 5/14: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX”
Zerebro developer Jeffy Yu has been found alive at his parents’ home in San Francisco, days after faking his suicide on a livestream that launched a supposed posthumous memecoin past $100 million. Yu’s case isn’t the first time crypto has blurred the line between real death, faked death and something in between. From missing founders …
Continue reading “These five crypto figures vanished, died or fooled us all”
Key Takeaways: Bitcoin’s realized cap has grown by $30 billion since April 20, reflecting steady investor confidence and new capital inflows. A Bitcoin price consolidation pattern forecasts a potential 10% breakout by next week. Bitcoin (BTC) continues to show strong bullish momentum as fresh capital inflows signal potential new price highs in the coming week. …
Continue reading “Bitcoin bulls aim for new all-time highs by next week as capital inflows soar”
Tanim Rasul, chief operating officer at Canadian crypto exchange NDAX, said Canada “got it wrong” categorizing stablecoins as securities in 2022, and the country needs to realize that every other regulatory regime is looking at stablecoins as payment instruments. Rasul made the remarks during a panel on May 13 at the Blockchain Futurist Conference in …
Continue reading “Canada 'got it wrong' labeling stablecoins securities — NDAX exec”
