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17 May 2025

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Here’s what happened in crypto today
Cointelegraph.com News - 1 hour ago
Today in crypto, Moody’s degrades US credit rating, Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to…
The Public internet is a bottleneck for blockchain — DoubleZero CEO
Cointelegraph.com News - 1 hour ago
Public internet infrastructure is the critical speed and performance constraint on high-throughput blockchain networks, according to Austin Federa, co-founder and CEO of DoubleZero, a project…
Moody's downgrades US credit rating due to rising debt
Cointelegraph.com News - 2 hours ago
Moody’s credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as the primary…
High-speed oracles disrupting $50B finance data industry — Web3 Exec
Cointelegraph.com News - 5 hours ago
Michael James, the head of institutional business development at Douro Labs — the company that developed the Pyth high-speed blockchain oracle network — told Cointelegraph…
A Bitcoiner’s guide to South Africa’s Garden Route
Cointelegraph.com News - 8 hours ago
South Africa’s Garden Route, famed for its lush forests, expansive beaches and charming towns, has become a testbed for Bitcoin adoption.From Mossel Bay to Witsand…
The DeFi mullet — Fintech needs DeFi in the back
Cointelegraph.com News - 8 hours ago
Opinion by: Merlin Egalite, co-founder at Morpho LabsFintechs in the front, decentralized finance (DeFi) in the back: the DeFi Mullet.Today’s fintech companies offer excellent user…
Bitcoin to $250K in 2025 ‘totally possible’ — crypto analyst Scott Melker
Cointelegraph.com News - 11 hours ago
Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to Scott Melker, a crypto analyst and host of…
Everstake defends non-custodial staking as SEC weighs industry input
Cointelegraph.com News - 14 hours ago
The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers globally, to explore clearer regulatory definitions…
New Zealand man arrested in $265M crypto scam tied to FBI probe
Cointelegraph.com News - 16 hours ago
A man from Wellington, the capital city of New Zealand, has been arrested in connection with an FBI-led investigation into a global cryptocurrency fraud operation…
Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders
Cointelegraph.com News - 18 hours ago
Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of El Salvador’s…
Paraguay deports three undocumented immigrants after crypto mining theft attempt
Cointelegraph.com News - 21 hours ago
Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam.According…
Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highs
Cointelegraph.com News - 22 hours ago
Key takeaways: Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the…
French crypto entrepreneurs to receive extra security amid recent kidnappings: Report
Cointelegraph.com News - 23 hours ago
Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported.According to…
Tokenization makes investing more accessible — Robinhood exec
Cointelegraph.com News - 1 day ago
Tokenization could open new opportunities for retail investors to access traditionally restricted asset classes, according to Johann Kerbrat, senior vice president and general manager of…
Filecoin, Lockheed Martin send data in space using decentralized data protocol
Cointelegraph.com News - 1 day ago
The Filecoin Foundation and Lockheed Martin Space have successfully transmitted data in space using a version of the InterPlanetary File System (IPFS) on a satellite…
Sequoia Capital exec also a victim in Coinbase data breach — Report
Cointelegraph.com News - 1 day ago
At least one partner at Sequoia Capital was reportedly impacted by the recent data breach among Coinbase users, suggesting that data from others at the…
Solv brings RWA-backed Bitcoin yield to Avalanche blockchain
Cointelegraph.com News - 1 day ago
Solv Protocol has launched a yield-bearing Bitcoin token on the Avalanche blockchain, giving institutional investors more exposure to yield opportunities backed by real-world assets, or…
Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst
Cointelegraph.com News - 1 day ago
Key takeaways:The total altcoin market cap (excluding ETH) gained $126 billion in Q2, fueling speculation of an altseason.The altcoin market cap, excluding Ether (ETH), has…
Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports
Cointelegraph.com News - 1 day ago
Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair and infuriating, CNBC…
Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally?
Cointelegraph.com News - 1 day ago
Key takeaways:Bitfinex margin longs fell 18%, despite Bitcoin price rising 24% in 30 days.$6.8 billion in long positions far outweight the current $25 million in…
World Liberty Financial brushes off oversight concerns from Congress
Cointelegraph.com News - 1 day ago
Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by US lawmakers to investigate…
SEC hacker sentenced to 14 months in prison
Cointelegraph.com News - 1 day ago
A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X account saying it…
CFTC commissioner to leave agency on May 31
Cointelegraph.com News - 1 day ago
Christy Goldsmith Romero of the US Commodity Futures Trading Commission (CFTC) will step down on May 31, leaving three seats open at the financial regulator.In…
Basel Medical shares down 15% on $1B Bitcoin buying plans
Cointelegraph.com News - 1 day ago
Shares of Basel Medical Group are down around 15% after the healthcare company announced plans to buy $1 billion in Bitcoin for its corporate treasury. On…
Price predictions 5/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
Cointelegraph.com News - 1 day ago
Key points:A Bitcoin price close above $105,000 could accelerate momentum and trigger a rally to $130,000.Ether continues to gain strength, which is being mirrored by…
Crypto miner turned AI provider CoreWeave adds billions in market cap
Cointelegraph.com News - 1 day ago
Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and…
Bitcoin breaks out while Coinbase breaks down: Finance Redefined
Cointelegraph.com News - 1 day ago
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user…
Bitcoin supply crunch boosts confidence in $200K target for 2025 — Bitwise CIO
Cointelegraph.com News - 1 day ago
Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to a supply shock from heightened…
US Senate will pass Stablecoin bill — Digital Chamber chief
Cointelegraph.com News - 1 day ago
The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said…
Bitcoin breakout odds climb as all-time highs meet $90K dip warning
Cointelegraph.com News - 1 day ago
Key points:Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction.Price discovery is keenly awaited, but downside predictions include levels…

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