Crypto News

Image source: Getty Images. Bitcoin Is Surging, but Not All Cryptocurrencies Are a Safe Investment. Here Are 3 to Avoid Key Points After a brief decline in March and April, Bitcoin is back. It's now up more than 12% for the year and hit a new all-time high of $112,000 on May 22. Historically, a rally in Bitcoin has led to a rally across the entire crypto market. That's the good news. The bad news is that not all cryptocurrencies are going along for the ride. Here are three that I'm avoiding for now. Dogecoin Even after a stunning 24% rally during the past 30 days, Dogecoin is still down 33% for the year. And, if you zoom out, things look even more worrisome for Dogecoin. Ever since it hit an all-time high in May 2021, this meme...

The Smartest Growth Stocks to Buy With $100 Right Now Key Points If you think $100 isn't enough to buy great growth stocks, think again. A $100 investment in Nvidia 10 years ago is worth more than $25,000 today. It won't be easy to identify the next Nvidia, but that's just an example to illustrate the power of investing. The earlier you start, the more you can give your money the chance to compound over time. If you have $100 to invest every month, you will be well on your way toward creating a powerful retirement portfolio. SoFi Technologies (NASDAQ: SOFI) and Nu Holdings (NYSE: NU) are two excellent growth stocks to consider if you have $100 to invest, whether as a one-time buy or for monthly investments. SoFi: Becoming a top-10...

ECB's Panetta Warns Crypto Losses Can Harm Confidence in Banks ROME (Reuters) - European Central Bank policymaker and Bank of Italy Governor Fabio Panetta called on Friday for close monitoring of the reputational risks banks face in providing crypto-asset services, warning that losses could harm the trust of customers. Presenting the Bank of Italy's annual report, Panetta warned about the growing links between the world of crypto-assets and the traditional financial system, pointing to the rising number of accords between banks and digital asset providers. "Crypto-asset holders might not fully understand their nature and conflate them with traditional banking products, with potentially negative repercussions for confidence in the...

Speaking at the annual Bitcoin Conference in Las Vegas, Nigel Farage announced he has drawn up a Crypto Assets and Digital Finance Bill - Ian Maule/Getty Images North America Farage: I will make Bank of England hold Bitcoin The Bank of England will be required to store Bitcoin if Reform UK wins the next general election, Nigel Farage has said, as he pledged to launch a “crypto revolution” in Britain. The Reform UK leader said he would introduce a 10pc capital gains tax rate on Bitcoin investments and push the central bank to hold a “Bitcoin digital reserve” if his party came to power. Speaking at the annual Bitcoin Conference in Las Vegas on Thursday, Mr Farage announced he had drawn up a Crypto Assets and Digital Finance Bill...

Image source: Getty Images. Is Bitcoin About to Soar -- or Crash? Key Points On May 22, Bitcoin (CRYPTO: BTC) hit a new all-time high of $112,000. For many crypto investors, that's a clear signal that it is about to go parabolic in the second half of 2025. However, other investors are warning that Bitcoin could be overpriced at such stratospherically high levels. So which is it? Is it about to soar, or about to crash? The bullish case for Bitcoin The bullish case is based on continued mainstream adoption. Simply put, everyone seems to be buying Bitcoin these days: retail investors, institutional investors, corporations, and even governments. There are even companies being launched that do nothing but buy the digital coin...

Image source: Getty Images. Key Points When it comes to investing in exchange-traded funds (ETFs) that track an index, the most popular by far are ones that aim to replicate the performance of the S&P 500, such as the Vanguard S&P 500 ETF and SPDR S&P 500 ETF Trust. In fact, the three largest ETFs based on assets under management all track the index. There is a good reason for this. The S&P consists of around the 500 largest companies traded in the U.S. based on market capitalization, and the index is considered the benchmark for the U.S. stock market. It's been a strong performer over the long term, and few professional fund managers have been able to consistently outperform the index over a long period. One of the keys to the...

Image source: Getty Images. Bitcoin's Market Cap Is Now Higher Than These 3 Tech Giants. Can It Still Soar Higher? Key Points Bitcoin (CRYPTO: BTC) has hit record levels in May as the bullishness around the top cryptocurrency remains strong. After sliding earlier this year, during the past three months, it has rallied by about 30%. With a market cap of more than $2.1 trillion (as of May 29), it is far and away the most valuable digital currency. Ethereum, with a market cap of around $320 billion, is a distant second place. The original crypto remains the default option for investors who want exposure to cryptocurrency. Some investors view it as a form of digital gold while others like it for its scarcity or simply its overall...

Bitcoin fell on Friday, extending a recent decline from record highs as heightened uncertainty over U.S. President Donald Trump’s trade tariffs spurred sustained profit-taking in crypto. The world’s largest crypto was set for mild weekly losses, as it retreated from last week’s peaks. More corporate buying action failed to lift prices, after Gamestop announced it had purchased over $500 million worth of coins. Positive regulatory developments also offered limited support, as the Securities and Exchange Commission said it was dropping its lawsuit against crypto exchange Binance. Bitcoin fell 1.3% to $106,267.6 by 01:44 ET (05:44 GMT). Bitcoin heads for weekly loss amid Trump tariff whipsaw Bitcoin faced extended profit-taking this week...

Crypto Staking Doesn't Violate U.S. Securities Law, SEC Says Crypto staking, under certain circumstances, does not appear to implicate U.S. securities law, a branch of the U.S. Securities and Exchange Commission said late Thursday. The SEC's Division of Corporation Finance published a staff statement — the latest in a series from the regulator — spelling out how the regulator may evaluate proof-of-stake networks, mainly noting that covered activities do not "involve the offer and sale of securities" — meaning the SEC won't sue any person or company participating in those activities. Node operators and validators, custodians, delegates, nominators, and entities staking assets either on their own, staking directly with a third party...

Fastex Expands U.S. Presence With Los Angeles Office Fastex, a Dubai-based crypto exchange, is expanding its presence in the U.S. by building an office in Los Angeles, California. According to a recent announcement, Fastex will offer spot crypto trading services for tokens including bitcoin BTC, ether ETH, Cardano ADA, Solana SOL, and its native utility token, Fasttoken FTN, targeting both retail and institutional investors in the U.S. Fastex’s American expansion coincides with the U.S.'s ongoing revision of crypto regulation under the current administration. Since the beginning of the administration's term, the U.S. Securities and Exchange Commission (SEC) has shifted from a regulation-by-enforcement approach previously embraced by...

(CoinDesk) Asia Morning Briefing: Cooling BTC Pushing Up Altcoin Volumes Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. Bitcoin (BTC) is trading above $105K as Asia begins its business day, down 1%. In a note, Paris-based digital assets trading firm Flowdesk wrote that the world's largest digital asset was moving into a tactical posture with price consolidation. "As BTC consolidates near all-time highs, altcoin volumes and liquidity have seen a continued meaningful shift upwards," Flowdesk wrote. Flowdesk notes that Bitcoin's volatility continues to decline despite looming macroeconomic...

Binance Scores Big Win After SEC Agrees to Drop Lawsuit Against Exchange The world’s largest crypto exchange and the Securities and Exchange Commission have agreed to end one of the most consequential—and ongoing—lawsuits in the U.S. against a crypto firm. In a joint filing submitted to a New York federal judge on Thursday, Binance and the SEC asked a federal judge to dismiss the case. A spokesperson for the federal regulator did not immediately respond to a request for comment. “We’re deeply grateful to Chairman Paul Atkins and the Trump administration for recognizing that innovation can’t thrive under regulation by enforcement,” said a Binance spokesperson, referring to the current SEC chair. The pending dismissal puts an end to a...

MicroStrategy stock climbs 0.66% to \$366.64 even as Bitcoin continues to lose ground. MicroStrategy Stock Holds Steady Even as Bitcoin Dips Shares in MicroStrategy Inc. (MSTR) rose 0.64% to $366.57 on Thursday afternoon, while the Bitcoin price decreased 1.65% to $106,009.66. The inconsistency can be attributed to the mood of market participants, who weigh general market sentiment, including some selected political news that impacts the crypto market. Typically, MicroStrategy aligns with pricing maneuvers in the Bitcoin price, but Thursday's trading behavior suggests that this correlation may no longer exist. Perhaps investors have returned to a considerably healthy belief in a positive future for MicroStrategy, given its tech...

Analyst Recommends Top Penny Stocks to Buy A pseudonymous stock analyst who runs a private Discord channel with over 5,000 paying members has issued a new set of recommendations for investors looking to gain exposure to the crypto market—without buying tokens. The analyst, who goes by the handle “ChartZilla,” says the best way to ride the next wave of crypto growth is through “strategically exposed TradFi stocks” that benefit from regulatory clarity and retail participation. His top picks? Coinbase (COIN), Robinhood (HOOD), and MicroStrategy (MSTR). “There’s massive asymmetry right now,” ChartZilla told members in a post seen by TheStreet Roundtable. “People are sleeping on Robinhood’s pivot into crypto, and Coinbase is set to...

Chipotle Mexican Grill (CMG) Stock Drops Despite Market Gains: Important Facts to Note Chipotle Mexican Grill (CMG) ended the recent trading session at $49.73, demonstrating a -0.68% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.4%. At the same time, the Dow added 0.28%, and the tech-heavy Nasdaq gained 0.39%. Coming into today, shares of the Mexican food chain had lost 0.89% in the past month. In that same time, the Retail-Wholesale sector gained 5.7%, while the S&P 500 gained 6.69%. The investment community will be paying close attention to the earnings performance of Chipotle Mexican Grill in its upcoming release. The company's upcoming EPS is projected at $0.32...

Image source: Getty Images. Why Dogecoin Was Slipping on Thursday Key Points Top meme cryptocurrency Dogecoin (CRYPTO: DOGE) wasn't looking like much of an alpha animal on Thursday. As of 4:00 p.m. ET, it was down slightly in price by 0.3%, late in a day when uncertainty on the future of current tariffs was rising. Many investors opted to buy stocks instead of transacting in altcoins like Dogecoin, as the S&P 500 index closed the day higher (by 0.3%). Tariff to-and-fro Cryptocurrencies, by their nature, are speculative investments, and Dogecoin -- a one-time satirical project that has improbably become a leading altcoin -- is a particularly speculative play. Such assets can be volatile at the best of times, and that goes double...

SEC Task Force Chief Says Crypto Traders Need to be Growups, Not Cry to Government LAS VEGAS, Nevada — You shouldn't be a crypto libertarian that comes crying for government help when things go badly, according to Hester Peirce, the chief of the crypto task force at the U.S. Securities and Exchange Commission. "I do think that sometimes, when something bad happens in this space, people who are remarkably free thinkers, libertarian-minded people, come in and say, ‘Where was the government? Why weren’t you protecting me? Hey, Crypto Mom, where’s my bailout?'" she told a crowd at Bitcoin 2025 in Las Vegas, referring to her industry nickname. "C'mon, let's have some consistency,” Peirce continued. “Yes, you should have freedom to make...

Veteran investor warns about the business pursuits of ‘rulebreaker’ Trump Veteran angel investor and internet entrepreneur, Jason Calacanis, has some sage advice for President Donald Trump. Calacanis criticized the president's conflicts of interest regarding the First Family's involvement with multiple crypto businesses. The Trump family is engaged with or backs a number of crypto ventures, such as meme coins, crypto exchange-traded funds (ETFs), the World Liberty Financial project, and USD1 stablecoin. Trump is a “rulebreaker” who bends the rules, but it bites him back in the form of lawsuits and impeachment, the angel investor said. He hoped that the president and his family won't engage with too many crypto business ventures. If...

Markets reel after Trump summons Powell to White House for first time The crypto market had a sharp reaction to President Donald Trump's meeting with the Federal Reserve Chair Jerome Powell at the White House on May 29. Powell didn't discuss his expectations regarding monetary policy during the meeting, signaling no cuts to interest rates soon. The crypto market was in the red after the announcement, as its market cap stood at $3.38 trillion at the time of writing. Bitcoin, which hit an all-time high (ATH) of $111,970.17 exactly a week ago on May 22, was trading at $106,749.40 at press time, down 0.2% in an hour. Ethereum, on the other hand, rose a modest 0.04% within an hour to trade at $2,650.82 at press time. Nearly all the...

Trump tariffs take a shocking legal turn again The cryptocurrency markets are continuing to fall as the White House has decided to pursue the tariff block in the Supreme Court. President Trump could now ask the Supreme Court as early as Friday to suspend a lower court's ruling against his tariffs. Bitcoin is down 3.7% in the last 7 days, while altcoins such as Cardano and Dogecoin have fallen over 8% and continue to signal strong bearish sentiment across the board. At press time, Bitcoin was trading at $106,924.33, down from its 24-hour high of $108,910.05. Similarly, Ethereum, which is trading at $2,648.59 and has been up by 0.39% in 24 hours, took a dip of 0.42%, indicating markets are uncertain about the trade war. Trump's aides...