Senate Democrats are balking at advancing landmark stablecoin legislation due to President Donald Trump’s increasing personal benefits from his own crypto ties. Over the weekend, Sen. Ruben Gallego, a Democrat elected to represent Arizona with $10 million in backing from crypto super PAC Fairshake, warned with eight of his colleagues that they would not vote…
The medical device company executed its third large Bitcoin buy in less than two weeks, bringing its BTC treasury’s total value to $342 million. The medical device company executed its third large Bitcoin buy in less than two weeks, bringing its BTC treasury’s total value to $342 million. Business Decrypt
A new community engagement program will provide reward tokens to incentivize network participation on Chainlink. A new community engagement program will provide reward tokens to incentivize network participation on Chainlink. , Coins Decrypt
Acting US Attorney for the Eastern District of New York (EDNY) John Durham has departed as President Donald Trump’s pick takes control of the office. In a May 5 notice, the US Attorney’s Office for EDNY said Joseph Nocella will serve as interim US Attorney for the region for 120 days or until a Senate-confirmed…
Bitcoin Magazine Filing Claims U.S. Prosecutors Knew License Wasn’t Required for Samourai Wallet, Prosecuted Them Anyways The U.S. Treasury Department’s Financial Crime Enforcement Network (“FinCEN”) is now facing serious questions after a new court filing reveals it charged the developers of Samourai Wallet with operating an unlicensed money transmitter—despite being told by the relevant regulator…
A new draft of the legislation appears to exempt most top crypto assets from SEC oversight. Democrats plan to walk out of a House session Tuesday related to the bill. A new draft of the legislation appears to exempt most top crypto assets from SEC oversight. Democrats plan to walk out of a House session…
Although BTC failed at $100,000 and the broader market faced a minor 2.1% pullback, U.S. President Donald Trump has doubled down on his pro-crypto stance, calling the asset class “very popular,” “very hot,” and even “much stronger” than the stock market. The comments were made in a May 4 sit down with Meet the Press…
Bitcoin Magazine Bernstein Analysts Predict Michael Saylor’s Strategy And Other Corporations Could Buy $330 Billion in Bitcoin by 2030 Bernstein analysts think companies could put up to $330 billion into Bitcoin over the next five years, with strategies like Michael Saylor’s leading the way, according to a new report. Bitcoin is quickly becoming more than…
ChatGPT-maker OpenAI has abandoned plans to become a for-profit company and reaffirmed commitment to its nonprofit status. In a May 5 blog post, OpenAI confirmed plans to convert its for-profit business unit into a so-called Public Benefit Corporation (PBC), which would remain under the nonprofit’s control. PBCs are for-profit companies that are legally obligated to…
In his latest video, the market commentator known as CryptoInsightUK laid out a multi-step argument for why XRP could “very realistically go to $10 plus this cycle — and potentially into the $20-to-$30 range.” The analyst combined macro-asset rotation, historical dominance patterns and a series of back-of-envelope calculations to contend that most investors are still…
