Institutional investors continue to scoop up Bitcoin above $100K

Bitcoin surged past $100,000 on May 8 as institutional investors ramped up ETF inflows, with ARK 21Shares, Fidelity and BlackRock leading the charge. Bitcoin crossed the $100,000 mark again on May 8 as institutional investors continue stacking sats. Farside Investors’ data shows that spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded cumulative net inflows of $142.3 …

Bank Data Breach Blamed on Insider As Social Security Numbers, Account Information and Addresses of 43 Customers Exposed

A US bank is blaming one of its own employees for the exposure of the sensitive data impacting dozens of customers. According to a new filing with the Office of the Maine Attorney General, an insider at TD Bank wrongfully accessed the data of 43 customers. The breach is reported to have occurred on June …

Ethereum gains 30% on Bitcoin in 2 days after 80% drop since 2022

Available exclusively via Tariffs, Bitcoin and rule reversals: Inside Trump’s first 100 days in office Andjela Radmilac · 3 days ago CryptoSlate’s latest market report dives deep into Trump’s first 100-day sprint that recast the SEC, scrapped key crypto rules, and fueled fresh inflation worries. Go to Source

Ripple CEO warns of US falling behind without stablecoin regulation

Ripple CEO Brad Garlinghouse has called on US lawmakers to accelerate efforts to establish a clear regulatory framework for stablecoins. In a May 9 statement shared on social media platform X (formerly Twitter), he emphasized the growing global adoption of stablecoins and warned that the US risks losing its competitive edge without urgent action. Garlinghouse …

XRP payments coming to 6,000 US pharmacies in new $50M healthcare deal

Pharmaceutical supply chain and technology firm Wellgistics Health has announced it will integrate XRP as a treasury asset and payments infrastructure across its pharmacy network. The $50 million capital facility, structured as an equity line, was arranged through LDA Capital, a private alternative investment group with prior involvement in crypto-backed funding strategies. The agreement allows Wellgistics to draw …

Brazil’s B3 Stock Exchange to Launch Ether and Solana Futures

B3 will launch these new futures on June 16, opening new investment avenues for institutional buyers seeking crypto asset diversification. The bourse also announces changes to bitcoin futures to increase the accessibility of these products, given bitcoin’s recent price hike. Brazilian B3 Announces Solana, Ether Futures Launch; Reduces Bitcoin Futures’ Contract Price The Brazilian Stock …

Meta Reportedly Exploring Stablecoins for Small-Payment Use Case

Meta is contacting infrastructure providers to explore the implementation of stablecoins with a payout use case in mind. The development would mark a new start for the company’s crypto plans after dropping the Libra project. Meta Reportedly Mulling Stablecoins for Small Payouts to Creators Meta, the social behemoth, is reportedly getting into the world of …

Gallup Poll: Real Estate and Gold Still Preferred as Long-Term Investments in US

According to a recent Gallup poll, real estate is still the preferred long-term investment option for U.S. citizens, while gold has surpassed stocks, which traditionally reached second place. 37% estimate that real estate is the best option, while 24% believe in gold instead. Crypto registers a marginal preference, with only 4%. Gallup Poll: Real Estate, …

Arizona Passes Law to Establish Bitcoin Reserve Fund

State Governor Katie Hobbs had previously vetoed a slightly different bill that would have allowed state entities to invest up to 10% of their funds in crypto. Arizona Joins New Hampshire with State Bitcoin Reserve Initiative Just a day after New Hampshire passed a law allowing the state to purchase bitcoin ( BTC) or any …

Stripe Launches Stablecoin Accounts, Available to Businesses in 101 Countries

Stripe has introduced stablecoin accounts, enabling businesses in 101 countries to hold and transact using stablecoins like USDC and USDB. This move aims to provide entrepreneurs, especially in regions with volatile currencies, a tool to hedge against inflation and access the global economy more easily. Global Businesses Gain Access to Stablecoin Financial Accounts via Stripe …

Congress Urged to Close Dangerous Crypto Oversight Gap Now

An urgent plea from a top former regulator presses Congress to act now, warning that inaction on crypto oversight endangers millions amid rampant fraud and market disorder. Former CFTC Chair Urges Congress to Act Now as Crypto Regulation Void Endangers Millions Rostin Behnam, former chairman of the U.S. Commodity Futures Trading Commission (CFTC) and now …

‘More Realistic Than It Sounds’: Analyst Outlines How Bitcoin Could Explode to $500,000 in Current Cycle

A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) amid the flagship digital asset’s 25% rise over the past month. The analyst pseudonymously known as Kaleo tells his 697,200 followers on the social media platform X that the prospect of Bitcoin reaching a price of $500,000 during “this bull market is …

Ether clocks ‘insane’ 20% candle post Pectra — a turning point?

Ether has surged following the Pectra hard fork, with analysts suggesting a growing number of long positions could signal a turnaround for the asset. Ether surged 20% in the past 24 hours following the launch of the Pectra upgrade, with some crypto traders suggesting the growing number of ETH long positions could mark a “turning …

Is Pi Network dead? What really went wrong behind the hype

Pi Network is not “dead” in the sense of being completely abandoned or defunct, but it is struggling significantly with its price, user confidence and ecosystem development. When Pi Network first hit the scene in 2019, it had a simple but compelling pitch: What if you could mine cryptocurrency straight from your phone — no …

Solana lacks ‘convincing signs’ of besting Ethereum: Sygnum

Crypto banking group Sygnum says it doesn’t expect Solana to beat Ethereum in the medium term, partly due to the blockchain’s revenues being too tied to memecoins. Solana does not yet have “convincing signs” that it could overtake Ethereum as the blockchain of choice for institutions, as its revenue is seen as unstable due to …

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