BlockPress

The US government seeks a two-year prison sentence for Eric Council Jr., who played a key role in a scheme to manipulate the cryptocurrency market. Council pleaded guilty to participating in a group that gained unauthorized access to the Securities…

Bitcoin’s price action shows a bearish breakout from an ascending channel, raising concerns about profit-taking near the $106,000 resistance level. The upcoming US Consumer Price Index (CPI) announcement on May 13th is a key factor influencing Bitcoin’s short-term trajectory. Currently,…

Coinbase Global (COIN), a cryptocurrency exchange, will become the first and only crypto firm listed in the Standard & Poor’s 500 (S&P 500) index on May 19th. This milestone marks a significant step for the cryptocurrency industry’s integration into mainstream…

Donald Trump’s memecoin, TRUMP, has finalized its list of top holders, who are eligible for a May 22nd dinner and VIP tour with the former president. The project announced on May 12th that it had ceased accepting further purchases for…

Aave, a prominent decentralized finance (DeFi) protocol, has achieved a new peak in total value locked (TVL), surpassing $40.3 billion on May 12th, 2025. This record, confirmed by DefiLlama and Aave’s own announcement on X (formerly Twitter), highlights the protocol’s…

The Securities and Exchange Commission (SEC), under Chairman Paul Atkins, is shifting its approach to regulating crypto assets and tokenized securities. Atkins envisions a move away from “regulation by enforcement” towards a proactive rulemaking framework. This involves establishing clear guidelines…

Eric Council Jr. faces a potential two-year prison sentence for his role in a scheme that fraudulently announced the approval of Bitcoin exchange-traded funds (ETFs) via the Securities and Exchange Commission’s (SEC) X account. US prosecutors, in a May 12th…

New York City Mayor Eric Adams is actively promoting the city as a hub for cryptocurrency and blockchain technology. His commitment to digital assets is evident in his past actions, including accepting his first three paychecks in Bitcoin and publicly…

Bitcoin’s recent price action reflects a cautious market sentiment. After profit-booking near $105,819, the price dipped below $103,000. However, long-term investors remain bullish, with Michael Saylor’s firm adding 13,390 Bitcoin to its holdings. The S&P 500 and US Dollar Index…

Tether’s USDT stablecoin achieved a significant milestone on May 12th, surpassing a $150 billion market capitalization. This reflects a substantial increase in stablecoin adoption, with USDT’s circulating supply expanding over 36% in the past year, accelerating notably after the 2020…