Day

May 15, 2025

Trump’s crypto ties ‘add a certain level of challenge’ to passing bills — Coinbase exec

May 15, 20250
Coinbase chief legal officer Paul Grewal addressed some of the concerns raised by US lawmakers and industry leaders around President Donald Trump’s crypto ventures, and how they may affect related legislation.Speaking at the Consensus conference in Toronto on May 15, Grewal said there had been “hiccups” in Congress since the Senate Banking Committee voted to...

Legacy forex, payments platforms ‘hate’ stablecoin adoption — Kevin O’Leary

May 15, 20250
Global foreign exchange and payments platforms are lobbying hard against stablecoins, which stand to significantly disrupt their business models, investor Kevin O’Leary said during a keynote address at Consensus 2025. Legacy forex and payments platforms often extract large fees for servicing cross-border cash transfers and stand to lose out on revenue if regulated stablecoins become...

Asset tokenization expected to speed capital flows, says Chainlink's Nazarov

May 15, 20250
Asset tokenization is set to accelerate the movement of capital across traditional markets, according to Chainlink co-founder Sergey Nazarov. Speaking with Cointelegraph at Consensus 2025 in Toronto, Nazarov said the shift will boost capital velocity in asset classes such as treasuries, equities, private credit, commercial debt, and real estate.”I think that there are two sides...

Bitcoin traders’ evolving view of BTC’s role in every portfolio bolsters $100K support

May 15, 20250
Key takeaway:Bitcoin’s struggles to overtake the $105,000 level as US macroeconomic headwinds remain a challenge. Steady inflows from institutional investors and the strength of the $100,000 support point to growing confidence in Bitcoin.Bitcoin (BTC) has struggled to break above $105,000 since May 10, leading traders to question whether the bullish momentum has faded. Although BTC...

"The world is trying to hoard Bitcoin right now" — Eric Trump

May 15, 20250
There is an ongoing race across the world for Bitcoin accumulation, according to Eric Trump, the second-eldest son of US President Donald Trump. Speaking at a crypto conference in Toronto on May 15, Trump said that from families to government funds, “everybody in the world is trying to hoard Bitcoin right now.” The remarks came...

Stablecoin regulation 'next catalyst' for crypto industry — Aptos head

May 15, 20250
Stablecoin regulation is “the next catalyst” for the crypto industry and could lead to unprecedented “appetite from institutional investors,” according to Ash Pampati, head of ecosystem at the Aptos Foundation.In an interview with Cointelegraph at Consensus 2025 in Toronto, Pampati said that “the whole world outside of the United States […] has already jumped onto...

FTX estate to start distributing more than $5B on May 30

May 15, 20250
More than two-and-a-half years after filing for bankruptcy, cryptocurrency exchange FTX is moving forward with repaying users who have not had access to their funds.In a May 15 notice, the FTX Recovery Trust announced that it would begin disbursing funds to the second group of parties eligible under the exchange’s reorganization plan. Starting on May...

Bitdeer Q1 revenue falls more than 40% year-over-year

May 15, 20250
Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the Bitcoin miner said on May 15. The Singaporean company clocked an operating loss of $3.2 million for the quarter, down from a $34.1 million profit during the same period last year, its earnings release said. However, Bitdeer...

Solana network activity surge and ‘megaphone’ chart pattern set $210 SOL price target

May 15, 20250
Key Takeaways:Solana formed a megaphone chart pattern with a potential $210 price target. Solana’s ecosystem growth highlights renewed investor interest with a $4 billion realized cap increase and 731 million transactions.Solana (SOL) price tested its key resistance at $180 earlier this week, but the altcoin failed to establish a position above the level. Over the...

Canada lags with stablecoin approach, but there’s room to catch up

May 15, 20250
The slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind.The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022 after the FTX debacle that shook markets and turned many lawmakers against the crypto industry.Regulating stablecoins as a security has seen few...
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