Day

May 13, 2025

US lawmakers call for change in corporate digital asset taxes

May 13, 20250
Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets.In a May 12 letter, Senators Cynthia Lummis and Bernie Moreno suggested Bessent had the authority to change the definition of “adjusted financial statement income” under existing US law...

Market volatility indicator still points to $135K Bitcoin within 100 days — Analyst

May 13, 20250
Key Takeaways:Bitcoin price holds above $100,000, driven by “risk-on” sentiment after the CBOE Volatility Index (VIX) dropped to 20. The Bitcoin Bull Score Index surged to 80, and the Fear & Greed Index suggests growing optimism, with historical patterns indicating potential for further price gains.Bitcoin (BTC) price continues to consolidate higher above $100,000 after the...

Coinbase invests in Canadian stablecoin issuer

May 13, 20250
Coinbase has partnered with Canadian stablecoin issuer Stablecorp in a bid to expand access to tokenized Canadian dollars, a company executive told Cointelegraph during the Blockchain Futurist Conference in Toronto.According to Coinbase Canada’s CEO, Lucas Matheson, the exchange is investing an undisclosed amount in Stablecorp and will help market its fiat-collateralized stablecoin, QCAD. “It’s really...

CoinShares Q1 net profit falls to $24M

May 13, 20250
CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period a year ago.Although CoinShares’s profits and EBITDA remained positive in Q1 2025, the margins declined compared to the same period...

What are the next steps for the US stablecoin bill?

May 13, 20250
Proponents of a bill to regulate stablecoins in the US Congress will likely take up another vote on the legislation in a matter of days without responding to concerns about President Donald Trump’s financial ties to the cryptocurrency industry.The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, failed to get enough votes...

Solana network and DeFi activity suggest SOL price rally will continue

May 13, 20250
Key takeaways:Solana’s $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem.Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month.SOL’s 8% funding rate shows healthy leverage demand from bulls.Solana’s native token SOL (SOL) surged 24.8% between May 6 and May 10, following the broader altcoin market rally after Bitcoin broke above $100,000....

Bitcoin is one rally away from new highs, but overly euphoric bulls signal ‘overheating’ market

May 13, 20250
Key takeaways:Bitcoin price maintains its bullish momentum, but a sentiment indicator suggests the market could be overheating. Data highlights Bitcoin traders taking profits and a lopsided market angled toward longs.Analysts warn of a potential short-term correction, especially if gold weakens or seasonal trends play out.Optimism has returned to the crypto markets, and many traders believe Bitcoin...

Altcoins’ roaring returns and falling USDT stablecoin dominance suggest ‘altseason’ is here

May 13, 20250
Key Takeaways:Declining Bitcoin dominance and rising strength in altcoins and memecoins could be a sign that it’s altseason.USDT dominance could drop to 2022 lows, indicating an accelerating capital rotation into Bitcoin and other cryptocurrencies. The cryptocurrency market shows signs that an altseason, a period where altcoins significantly outperform Bitcoin (BTC), could be on the horizon....

Bitcoin shrugs off US CPI win as Binance CEO says BTC 'leading pack'

May 13, 20250
Key points:Bitcoin fails to capitalize on lower-than-expected US CPI data, seeing a Wall Street sell-off for a second day.Traders see BTC/USD buying time before its next move, and a trip below $100,000 is on the cards.Bitcoin is showing “undeniable” momentum against gold and stocks, Binance’s Richard Teng says.Bitcoin (BTC) saw a repeat sell-off at the...

VanEck to launch its first RWA tokenization fund

May 13, 20250
Investment firm VanEck is launching a tokenized real-world asset (RWA) fund that offers exposure to US Treasury bills, developed in partnership with tokenization platform Securitize. The initiative places VanEck among a growing number of traditional finance firms entering the RWA tokenization space.The fund, called VBILL, will be initially available on Avalanche, BNB Chain, Ethereum and...
1 2 3 4

Recent Articles

Bitcoin miners gambled on AI last year, and it paid off
July 5, 2025
DeFi, TradFi convergence could arrive sooner than expected: JPMorgan
July 5, 2025
Hong Kong prepares third batch of tokenized bonds, eyes more offerings
July 5, 2025

Text Widget

Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.

Post Category