Crypto News

"Should You Buy Ethereum While It's Under $2,600?" Key Points Bitcoin (CRYPTO: BTC) has seriously overshadowed Ethereum (CRYPTO: ETH) this year. The leading crypto rallied to a new all-time high in January, while Ethereum struggled to come close to its 2021 glory days. This week, Bitcoin set a new price record, and Ethereum is still almost 50% below its record high set in late 2021. However, the tide may be shifting. Ethereum has gained about 50% during the past month. Moreover, several factors might push its price higher before year-end. If you're wondering whether now is a good time to buy Ethereum, here are some considerations that may figure in its price. Why Ethereum could be poised for a rally Ethereum has a lot going for it...

Key Points The total value of all cryptocurrencies in circulation is currently $3.5 trillion, nearing the record high of $3.9 trillion set in December. Positive sentiment is returning to the financial markets in 2025, boosted by a series of crypto-friendly policies enacted by President Donald Trump. Ripple's XRP, Dogecoin, and Bitcoin are three of the world's most popular cryptocurrencies for different reasons, and each is benefiting uniquely from the pro-crypto Trump administration. Dogecoin was the top performer in 2024 with a gain of 251%, but Bitcoin is the only one continually setting new highs. Which might be the best buy for the remainder of 2025? The Case for XRP Ripple is a financial technology company with a system called...

Justin Sun at the $TRUMP memecoin dinner (Tron) The last time Justin Sun set foot in the U.S., he was Grenada's WTO ambassador and was navigating the rocky waters of former President Biden's crypto crackdown. Times have changed. Now, he's dining at an event hosted by President Donald Trump for the largest holders of his TRUMP memecoin and celebrating a regulatory breakthrough, as issuers eye a potential Tron ETF, signaling a striking reversal in crypto's American fortunes. Speaking exclusively with CoinDesk after the Presidential dinner, which was met by protestors, the Tron founder dismissed allegations that the token is a vehicle for bribery. He called skeptics short-sighted, arguing Trump's embrace of crypto could spark a new...

Image source: Getty Images SoFi Technologies (NASDAQ: SOFI) has had a bumpy ride. Its stock has fluctuated between $6 and $18 over the past year alone. The market is still trying to determine what to make of the all-digital bank. The business has performed well despite some sizable headwinds. Now, those headwinds are dissipating, which could finally allow SoFi Technologies to realize its full potential. But will the stock reward investors who buy now? Here is where SoFi Technologies could trade in May 2028. High-octane growth has obscured tough challenges behind the scenes It can be tempting to pass judgment on a stock that hasn't performed well for an extended period. SoFi Technologies joined the public market via a reverse SPAC...

Protesters Yell ‘Shame!’ at Guests of Trump’s Memecoin Dinner (Bloomberg) — Top holders of Donald Trump’s memecoin and other guests were greeted by protesters as they arrived for a dinner with the president at his golf club outside of Washington on Thursday, a day which saw Bitcoin extend its record high amid optimism about US government support for the crypto industry. Chinese crypto entrepreneur Justin Sun, who is working to resolve a regulatory case in the US, posted a photo showing him on his way to the dinner. Trump announced his own departure to the event, saying “The U.S.A. is DOMINATING in Crypto, Bitcoin, etc., and we are going to keep it that way!” Guests arriving for the event, which included retired NBA player Lamar Odom...

Some of the biggest U.S. banks are exploring whether to team up to issue a joint stablecoin, The Wall Street Journal reported on Thursday. The conversations have so far involved companies co-owned by JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and other large commercial banks, the report said, citing people familiar with the matter. However, the newspaper said that the bank consortium discussions are in early, conceptual stages and could change. Reuters could not immediately confirm the report. The banks did not respond to Reuters' requests for comment late on Thursday. Stablecoins, a type of cryptocurrency designed to maintain a constant value, usually pegged to a fiat currency such as the U.S. dollar, are commonly...

Volatility Shares launched XRP futures exchange-traded funds (ETFs) on Nasdaq on May 22. The XRP futures ETF is a type of financial instrument that trades on traditional stock exchanges and provides exposure to the futures contracts of XRP, instead of the cryptocurrency itself. A futures contract is a legal agreement to trade a particular asset at a predetermined price in the future. Volatility Shares Trust XRP ETF (XRPI) is the first-ever futures ETF linked to XRP. On its debut on May 22, the fund opened at $15.88 and closed at $15.81. The ETF issuer also launched the Volatility Shares Trust XRP 2X ETF (XRPT) on the same day. The 2x XRP futures ETF offers twice the daily price appreciation of XRP through twice leveraged exposure to...

Bitcoin Pizza Day, celebrated every year on May 22, marked a watershed moment for the cryptocurrency this time as it reached a new record high of $111,970.17 on the day. Strategy founder and executive chairman Michael Saylor, who is a well-known Bitcoin evangelist, had quite an advice on the landmark day: pay for pizza with the dollar and keep Bitcoin. May 22 marks a global celebration in the crypto world. It was on the same day in 2010 that a Florida-based programmer named Laszlo Hanyecz paid 10,000 BTC to purchase two large Papa John’s pizzas worth about $41 at the time. That transaction would be worth over an astonishing $1.1 billion today. BTC, which reached its previous high of $109,241 on Jan. 20 ahead of Donald Trump's...

Source: MarketWatch Bitcoin's record-breaking spree continued for the second day as it reached a new all-time high (ATH) of $111,970.17 on May 22. Now that the cryptocurrency has succeeded in getting over the four-month lull, experts are weighing in on how soon BTC will reach the much-coveted price target of $200,000. Leading crypto analyst Michaël van de Poppe is even more bullish and believes that Bitcoin will reach a new ATH of $500,000, and that too, faster than he expected — all due to the devaluation of the U.S. dollar. "$120,000 is imminent. $150,000 is imminent. $200,000 is imminent," Poppe opined on X. The U.S. dollar index (DXY), which measures the value of the U.S. dollar relative to a basket of foreign currencies, was...

It’s been an exciting week in crypto. Bitcoin just hit a new all-time high of $109,700 on May 21, 2025. The previous highs were around $109,600 or $109,500, depending on the exchange. Either way, this is a big milestone for Bitcoin and the crypto industry as a whole. One of the biggest headlines this week was the Genius Act. There was a lot of confusion online, with some people saying it passed and others saying it didn’t. What actually happened is that the U.S. Senate voted 66 to 32 to move forward with debating the bill on May 20. This means it hasn’t passed yet, but it’s going through the next steps, like debate and possible revisions. We should know more soon. The Genius Act includes new rules for stablecoins and crypto issuers...

Although it’s often referred to as the “Hobby of Kings,” coin collecting doesn’t discriminate between the rich and the poor (or between the regal and the common folk). While buying known rare coins can be a costly venture, you can start collecting for little to no money. And you don’t need to be of a certain age to take up the hobby. In fact, according to the American Numismatic Association, “Interest in coin collecting has exploded over the last year or two, and many more young collectors are starting to enter the picture.” The chances of finding a million-dollar coin in your pocket is extremely rare, but it’s still worth your while to check attics and antique shops, with collectors and dealers or through buying coin rolls from the...

Image source: Getty Images. Key Points It's starting to feel a lot like 2021 again, at least for cryptocurrency investors. The broad-based market rally in digital assets is continuing, with Solana, Avalanche, and Cardano among today's biggest winners. As of 2:45 p.m. ET, these three tokens have surged 5%, 11.3%, and 5.7% respectively since 4 p.m. ET yesterday. These moves come as the world's largest cryptocurrency, Bitcoin, continues to march higher, recently breaking through the $110,000 level. Thus, this market rally can certainly be perceived as one that's not only top-down (Solana, Avalanche, and Cardano are all top-15 tokens by market capitalization), but it's pervasive as well, with tokens of varying sizes also outperforming...

None Major U.S. equities indexes were mixed on Thursday after the House of Representatives passed a budget bill that includes significant tax cuts and reduced spending on government health care and food assistance programs. The proposed budget will now head to the Senate, where it could see changes. After wavering throughout the trading session, the S&P 500 closed with a daily loss of less than 0.1%. The Dow was also essentially flat, closing down a single point, while the Nasdaq held onto a gain of 0.3%. Shares of renewable energy companies dropped sharply as the bill approved by the House would eliminate various clean energy initiatives from the Biden administration. This includes phasing out tax credits for wind and solar projects...

Shares of video game retailer GameStop (NYSE:GME) jumped 7.8% in the afternoon session after stocks tied to digital assets surged as Bitcoin, the world's largest cryptocurrency by market cap, reached a new all-time high, edging past the $110,000 mark. This rally also reflects growing investor confidence in Bitcoin's role as a potential store of value during a period of heightened market uncertainty. Geopolitical tensions, escalating trade disputes, and ongoing concerns about U.S. debt sustainability have prompted a flight to alternative assets, with digital currencies emerging as a perceived hedge against some of these risks. After the initial pop, the shares cooled down and closed the day at $30.91, up 10.2% from the previous close...

What Happened? Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 6.6% in the afternoon session after stocks tied to digital assets surged as Bitcoin, the world's largest cryptocurrency by market cap, reached a new all-time high, edging past the $110,000 mark. This rally reflects growing investor confidence in Bitcoin's role as a potential store of value during a period of heightened market uncertainty. Geopolitical tensions, escalating trade disputes, and ongoing concerns about U.S. debt sustainability have prompted a flight to alternative assets, with digital currencies emerging as a perceived hedge against some of these risks. Also, rising asset prices typically improve investor confidence, prompting traders...

Key Points Bitcoin (CRYPTO: BTC) set a new all-time high today, topping $111,000 for the first time ever. After reaching a previous all-time high in December 2024, Bitcoin declined roughly 30%, leading many to believe the bull run from September through December was over. However, in the last month, Bitcoin is up nearly 50%. As is common, many altcoins have followed suit, with Ethereum (CRYPTO: ETH) up more than 68% in a month and Dogecoin (CRYPTO: DOGE) up nearly 50% since April. This growth has been largely fueled by easing trade tensions with China, and more recently, a downgrade of U.S. debt and the advancement of the crypto-friendly GENIUS Act. Today's move is directly related to the U.S. House of Representatives vote to advance...

Source: Companies Market Cap Bitcoin finally reached a new all-time high (ATH) after a four-month lull, nearing $109,500 on May 21. The cryptocurrency last hit the ATH of $109,241 on Jan. 20, ahead of pro-crypto Donald Trump's presidential inauguration. At the time of writing, BTC was trading at $111,861.22 — its new record high so far. Launched in 2009, Bitcoin is the world's largest cryptocurrency with a market cap of $2.2 trillion. As of now, it has dethroned Amazon and Alphabet. If it were a company, Bitcoin would be the fourth-most valuable company. Now, only Microsoft, Nvidia, and Apple stay ahead of Bitcoin. Thomas Perfumo, Kraken’s global economist, mentioned that Bitcoin's new all-time high indicates this crypto bull...

President Donald Trump in the Oval Office of the White House on Wednesday. (AP Photo/Evan Vucci) President Trump will host an exclusive dinner Thursday night for the 220 biggest buyers of his $TRUMP (TRUMP-OFFICIAL-USD) memecoin. The event at his private Virginia golf club is causing controversy during a pivotal moment for the crypto world. The dinner has raised concerns among Democrats, who are holding a press conference to discuss conflict of interest concerns, and some GOP lawmakers. Wyoming Republican Sen. Cynthia Lummis expressed reservations about the event despite her support for Trump and crypto-friendly regulations. Invitees secured their spot by buying significant amounts of the $TRUMP coin, with estimates showing...

Bitcoin, the oldest and most expensive cryptocurrency in the world, created a historic high exceeding $111,500 on Thursday, May 22. Binance founder Changpeng Zhao (CZ) grabbed the opportunity to drop some crypto knowledge, marking the new milestone. The aim of investing, as per Zhao's post on X, should focus on the long-term picture rather than minor setbacks. "Remember to look at a yearly chart instead of a 1 minute chart once in a while," the 48-year-old crypto mogul tweeted to his 10 million followers on Thursday. Zhao is referring to the recent rollercoaster timeline of Bitcoin's price fluctuations that triggered a market panic and maintained strain over the crypto market these past months. Owing to President Donald Trump's...

Nvidia, Tesla, and Apple stocks will be tokenized by Kraken. Kraken will list more than 50 tokenized stocks and ETFs, such as Apple (AAPL), Tesla (TSLA) and Nvidia. The move makes crypto-style 24/7 trading available for traditional equities, broadening access to some of the largest tech stocks, as per Wall Street Journal. At the time of writing, Nvidia (NVDA) is trading at $132.54, up 0.56%; Tesla (TSLA) at $333.20, down 0.42%; and Apple (AAPL) at $200.09, down 0.99%. The stock tokens will run on Solana, and will represent real securities managed by Kraken’s partner, Backed Finance. These tokens are 1:1 redeemable for their cash value, such that the price of the tokens remains in sync with the actual asset. This means each token is...