Day

May 21, 2025

US lawmaker reintroduces bill amid pushback on Trump's crypto ties

May 21, 20250
A Democratic representative in the US Congress will support a blockchain bill at a time when many left-leaning lawmakers are blocking crypto-related pieces of legislation due to concerns with President Donald Trump’s potential conflicts of interest.In a May 21 notice, Minnesota Representative Tom Emmer said he had reintroduced the Blockchain Regulatory Certainty Act, a bill...

VanEck to launch Avalanche ecosystem fund

May 21, 20250
VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph.The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial services,...

Bitcoin price hit a new all-time high and data shows BTC bulls aren’t done yet

May 21, 20250
Key takeaways: Bitcoin’s $109,458 all-time high aligns with seven consecutive green weekly candles since April, highlighting the strength of the current bullish momentum.Analysts expect BTC to reach between $135,000 to $320,000 in 2025.BTC heatmaps show high-leverage zones that may trigger liquidations. Thus, risk management remains crucial.Bitcoin (BTC) hit a new all-time high of $109,458 on...

Jury convicts ex-SafeMoon CEO on all charges

May 21, 20250
A New York jury found Braden John Karony, the former CEO of cryptocurrency company SafeMoon, guilty of three felony charges after less than a day of deliberation.According to May 21 reporting from the courtroom, in the US District Court for the Eastern District of New York, a jury convicted Karony of conspiracy to defraud the...

Sam Altman's World raises $135M from Andreessen, Bain, to expand network

May 21, 20250
World, OpenAI CEO Sam Altman’s digital identification project, raised $135 million from venture capital firms Andreessen Horowitz and Bain Capital Crypto, the company said in an announcement.The capital will be used to expand World’s network of iris-scanning orbs and infrastructure in the United States, where the company said in April it would operate in six...

Solana Mobile reveals trustless architecture, token for Seeker device

May 21, 20250
Solana Mobile, a subsidiary of blockchain technology company Solana Labs, has revealed the next steps for its soon-to-be-shipped Seeker device and the overall ecosystem. The steps include a new, trustless architecture, a native token, and the Seeker ship date.According to the announcement, Solana Mobile will ship the device starting Aug. 4. Seeker is the company’s...

CFTC exodus: Fourth commissioner to depart 'later this year'

May 21, 20250
Kristin Johnson of the US Commodity Futures Trading Commission (CFTC) has announced that she plans to depart the agency before 2026.In a May 21 notice, Johnson said she planned to step down from the CFTC “later this year,” having completed her term, which ended in April. The commissioner filling a Democratic seat at the financial...

Bitcoin hits new highs in the absence of ‘unhealthy’ leverage use — Will the rally continue?

May 21, 20250
Key takeaways:Spot Bitcoin ETF inflows and low leverage suggest the BTC rally has room to grow.US Federal Reserve liquidity and weak bond sales support a Bitcoin push beyond $110,000.Bitcoin (BTC) was unable to sustain its bullish momentum after reaching a new all-time high of $109,827 on May 21, which led traders to question whether derivatives...

Bank lobby is 'panicking' about yield-bearing stablecoins — NYU professor

May 21, 20250
America’s powerful banking lobby is “panicking” over the potential of stablecoins to disrupt their traditional business model, particularly when it comes to yield-bearing stablecoins, according to Austin Campbell, a New York University professor and founder of Zero Knowledge Consulting. In a May 21 social media post that begins with, “The Empire Lobbies Back,” Campbell claimed...

Price predictions 5/21: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

May 21, 20250
Key points:Bitcoin made a new all-time high, but the bulls will have to sustain the higher levels for the momentum to pick up.Several altcoins have bounced off their respective support levels, signaling a positive sentiment.Analysts expect Bitcoin to maintain its positive momentum and surge above $200,000 by the end of the year.Bitcoin (BTC) rose to...
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