Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highs 2025-05-17 at 04:01 By Cointelegraph by Big Smokey 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 range highs reduces. On-chain data suggests […]
French crypto entrepreneurs to receive extra security amid recent kidnappings: Report 2025-05-17 at 04:01 By Cointelegraph by Brayden Lindrea 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 the May 16 report, the measures include priority access to […]
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Fired US govt workers, Uncle Xi wants you! – to apply for this fake consulting gig 2025-05-17 at 02:50 By Jessica Lyons Phony LinkedIn recruitment ads? Groundbreaking Chinese government snoops – hiding behind the guise of fake consulting companies – are actively trying to recruit the thousands upon thousands of US federal employees who have […]
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Tokenization makes investing more accessible — Robinhood exec 2025-05-17 at 02:04 By Cointelegraph by Christopher Tepedino 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 Robinhood Crypto, who called it “very important for financial inclusion.” Speaking at the Consensus […]
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America’s consumer watchdog drops leash on proposed data broker crackdown 2025-05-17 at 02:04 By Iain Thomson Crooks must be licking their lips at the possibilities Uncle Sam’s consumer watchdog has scrapped plans to implement Biden-era rules that would’ve treated certain data brokers as credit bureaus, forcing them to follow stricter laws when flogging Americans’ sensitive […]
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Mark Zuckerberg’s Meta refuses to crack down on rampant scams from bogus ads to avoid losing revenue: report 2025-05-17 at 00:59 By Ariel Zilber Tech giant whose digital properties include popular social networks Facebook and Instagram is under scrutiny over its role in enabling online scams. This article is an excerpt from Latest Technology News […]
Whodunit? ‘Unauthorized’ change to Grok made it blather on about ‘White genocide’ 2025-05-17 at 00:59 By Iain Thomson Agitprop? Protest? An attempt to suck up to the boss? Or total fiction? Elon Musk’s xAI has apologized after its Grok generative chat-bot started spouting baseless conspiracy theories about White genocide in response to unrelated questions.… This […]
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Solv brings RWA-backed Bitcoin yield to Avalanche blockchain 2025-05-17 at 00:10 By Cointelegraph by Sam Bocetta 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 RWAs. On May 16, the protocol unveiled SolvBTC.AVAX, a token that connects Bitcoin (BTC) […]
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Sequoia Capital exec also a victim in Coinbase data breach — Report 2025-05-17 at 00:10 By Cointelegraph by Turner Wright 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 venture capital firm may also have been compromised. According to […]
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Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst 2025-05-17 at 00:10 By Cointelegraph by Biraajmaan Tamuly 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 added $126 billion in Q2, sparking enthusiasm […]
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Microsoft winnows: Layoffs hit software engineers hard 2025-05-17 at 00:10 By Thomas Claburn Python, TypeScript, Azure SDK devs among those let go Microsoft’s recent round of layoffs appears to have fallen largely on software developers, including several prominent Python developers and a veteran TypeScript developer.… This article is an excerpt from The Register View Original […]
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CoreWeave may have built a house of (graphics) cards 2025-05-16 at 23:34 By Tobias Mann An overdependence on hyperscalers and a mountain of debt could pull the rug out Comment CoreWeave this week said it would plow between $20 and $23 billion into GPU bit barns by year’s end in order to meet growing demand […]
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Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally? 2025-05-16 at 23:01 By Cointelegraph by Marcel Pechman 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 shorts. Bitcoin options positioning […]
Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally? Read More »
Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports 2025-05-16 at 23:01 By Cointelegraph by Christopher Tepedino 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 reported. The crypto and infrastructure company, which is also listed in […]
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World Liberty Financial brushes off oversight concerns from Congress 2025-05-16 at 23:01 By Cointelegraph by Turner Wright 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 the president’s potential conflicts of interest. In a May 15 letter to Senator […]
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Judge sentences SEC hacker to 14 months in prison 2025-05-16 at 22:04 By Cointelegraph by Turner Wright A federal judge has sentenced Eric Council Jr., one of the individuals responsible for posting a fake message announcing regulatory approval of spot Bitcoin exchange-traded funds, to 14 months in prison. Following a May 16 hearing in the […]
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Basel Medical shares down 15% on $1B Bitcoin buying plans 2025-05-16 at 22:04 By Cointelegraph by Alex O’Donnell 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 May 16, Singapore-based Basel said it was “in advanced discussions with […]
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CFTC commissioner to leave agency on May 31 2025-05-16 at 22:04 By Cointelegraph by Turner Wright 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 a May 16 announcement, Romero said her last day at the agency would […]
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Dems are upset about DOGE’s IRS hackathon, but the IRS says it never happened 2025-05-16 at 21:18 By Brandon Vigliarolo The IRS characterizes it more as a brainstorming session and says DOGE wasn’t involved Congressional Democrats are again demanding answers from a federal agency over whether DOGE’s latest tech makeover could put taxpayer data at […]
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Mark Zuckerberg’s Meta asks judge to throw out FTC’s antitrust case — in middle of high-stakes trial 2025-05-16 at 20:33 By Thomas Barrabi Meta has asked a federal judge to throw out the FTC’s landmark antitrust case – in the middle of the trial that could result in the Big Tech giant’s breakup. This article […]