Galaxy Digital’s Nasdaq debut on May 16th, 2025, marked a significant milestone for the crypto and infrastructure company, concluding a lengthy process CEO Mike Novogratz described as “unfair and infuriating.” Opening at $23.50, the listing follows Galaxy’s announcement of its…
Coinbase, the world’s third-largest cryptocurrency exchange, faced a $20 million extortion attempt after a breach involving compromised employee data. Cybercriminals bribed customer support contractors to access user information, though less than 1% of monthly transacting users were affected. No passwords,…
CoreWeave (CRWV), a cloud computing company specializing in AI, experienced a significant stock surge on May 16th following Nvidia’s disclosure of a substantial ownership stake. This revelation highlights growing institutional and corporate interest in the recently public company. CRWV’s stock…
Bitcoin’s price consolidation between $100,718 and $105,819 suggests a balance of supply and demand. Holding above $100,000 is a bullish sign, though retail trader impatience, as noted by Santiment, could be a positive indicator. However, failure to surpass the $109,588…
Basel Medical Group’s recent announcement to acquire $1 billion in Bitcoin for its corporate treasury has resulted in a significant 15% drop in its share price. This decision, unveiled on May 16th by the Singapore-based healthcare company, aims to bolster…
The US Commodity Futures Trading Commission (CFTC) is facing a significant leadership shakeup with the departures of two key commissioners. Christy Goldsmith Romero, one of the four CFTC commissioners, announced her resignation, effective May 31, 2025. This departure comes ahead…
Eric Council Jr. receives 14-month prison sentence for fake ETF announcement On May 16, 2025, a US District Court in the District of Columbia sentenced Eric Council Jr. to 14 months in prison for his role in a scheme to…
The GENIUS Act of 2025, aiming to establish comprehensive stablecoin regulations in the US, faced a temporary setback in the Senate. Despite this, Cody Carbone, CEO of the Digital Chamber, remains optimistic, predicting its passage within weeks. He emphasizes the…
Bitcoin’s price surge to $200,000 by the end of 2025 is predicted by Matt Hougan, Bitwise’s chief investment officer. This forecast, revealed at Consensus 2025 in Toronto, stems from a supply and demand analysis. Hougan cites key figures: miners will…
The financial industry is undergoing a significant shift in its relationship with cryptocurrencies, moving from widespread debanking of crypto businesses to an embrace of stablecoins. This change follows the repeal of policies like “Operation Chokepoint 2.0” and the recision of…
