Crypto News

CME Group, the largest derivatives exchange in the U.S., began trading futures on XRP on Sunday. On its first day, it pulled in more than $19 million in notional volume, a far bigger debut than Solana, which turned $12.3 million in March. XRP is now the fourth cryptocurrency in CME's futures contracts after Bitcoin, Ethereum, and Solana. For traders, futures contracts are offered at two sizes: micro (2,500 XRP per contract) and standard (50,000 XRP per contract). CME's XRP futures will be cash settled, meaning when traders close out their positions, they will be paid in U.S. Dollars instead of XRP. According to Giovanni Vicioso, CME's global head of cryptocurrency products, this addition "will give investors access to the deeply...

Michael Saylor, the founder and executive chairman of MicroStrategy (Nasdaq: MSTR), is a well-known Bitcoin bull who has turned his firm into the world's largest corporate holder of Bitcoin. Saylor is a proponent of further institutional adoption of Bitcoin and encourages other companies to follow suit. No market movement involving the king coin escapes his attention, as demonstrated again recently. On May 19, Saylor shared on X the uptick on the 30-day price chart of Metaplanet (Tokyo: 3350.T) stock. What caught the attention of observers was Saylor's stock watch list. Saylor has been closely monitoring several Bitcoin-holding public companies, including Metaplanet (OTC: MTPLF), Japan's largest corporate Bitcoin holder, with 7,800...

"Watch These Strategy Price Levels as Stock Continues to Surge Alongside Bitcoin" Key Takeaways Shares of Strategy (MSTR), the world's largest corporate holder of bitcoin that until recently was known as MicroStrategy, rose again Tuesday as the digital currency continued rising. The stock, which provides investors with a leverage bet on bitcoin's price, had gotten a boost to start the week after the company announced its latest purchase of the cryptocurrency. According to a regulatory filing on Monday, Strategy purchased 7,390 bitcoin between May 12 and 18, taking its total holding to 576,230 BTC, currently worth more about $61 billion based on bitcoin's recent price. Strategy shares have soared 75% from their April low, tracking a...

Recently, on his podcast, personal finance expert Dave Ramsey discussed Bitcoin and gold, making sure listeners did not think it is best to consider either as a long-term investment. On the historic role of gold, Ramsey was critical of gold's long-term track record as an investment but not too accepting of Bitcoin, which is often considered a hedge against inflation or 'digital gold'. Ramsey is a popular author, radio host, and one of America's most prominent personal finance experts. He has developed a devoted following because of his practical, hard-nosed financial advice. He says, "The track record on Bitcoin is non-existent because there's only just a few years it’s been in existence," Ramsey said. "And when you chart its...

While gold remains an important investment asset, Bitcoin has exceeded the bullion in ownership among Americans, a new report says. In contrast to 36.7 million American individuals owning gold, around 50 million Americans own Bitcoin, as per a recent report by Ohio-based financial services company River. In fact, 14.3% of Americans own Bitcoin — the largest share of the BTC-owning population anywhere in the world. The U.S. government itself owns 198,000 BTC — 65% of total government holdings of the king coin. In contrast, the U.S. accounts for only 30% of the world's central bank gold reserves. American corporations aren't far behind either. 32 public companies in the country, representing a total market cap of $1.26 trillion, hold...

The wild west days of the cryptocurrency market may be coming to an end as Congress takes a step closer to passing first-of-its-kind legislation. The GENIUS Act, officially the Guiding and Establishing National Innovation for U.S. Stablecoins Act, passed a key procedural hurdle in the Senate on May 19. The bipartisan vote limits debate on the bill and allows the Senate to move forward to final passage. The bill would create a regulatory framework for stablecoins, a type of cryptocurrency tied to the value of an asset like the U.S. dollar. The bill remains controversial and far from final passage. A vote likely won’t happen until after Memorial Day at the end of the month. Still, the bill is considered a major win for the crypto...

Bitcoin 2025 joins America’s 250th celebration with a presidential partnership, 30,000 attendees, and exclusive programming. In an interview with TheStreet Roundtable, Sean Hagan, Head of Media at BTC Inc., confirmed a landmark federal tie-in for Bitcoin 2025. “I’m happy to share on the show that Bitcoin 2025 is officially a part of the America 250 celebration. We are officially partnered with the Trump administration and America 250 celebration to have Code and Country Day on day one of our event,” Hagan said — marking a rare fusion of U.S. bicentennial ceremony and blockchain innovation. Hagan also highlighted the conference’s sheer scale and community energy. “We’re expecting about 30,000 people for this year’s event,” he noted...

While the crypto community has spent days expecting Bitcoin to hit a new record high, Wall Street veteran and mathematician Fred Krueger has come up with an extremely bullish prediction for the king coin. On May 20, Krueger shared on X a 90-day timeframe beginning July 21 when Bitcoin will begin rising in value in response to macroeconomic trends. Krueger doesn't expect enough buyers for the Treasury auction — the process of the Treasury selling government debt like Treasury bills and bonds to raise money for federal expenditure or covering debt — worth $20 billion expected around July 21, with the Federal Reserve hinting at “extraordinary measures.” The action should send Bitcoin rallying to $158,000-$165,000 within 24 hours, he...

Every week seems to bring a new Bitcoin price prediction — from Robert Kiyosaki’s $250,000 target to Michael Saylor’s calls for multi-million-dollar valuations. But while many forecasts lean on optimism, Stacks co-founder Muneeb Ali offers a more measured and perhaps more realistic view. In an interview, Ali said there is “a high chance, maybe 80% that we see a new Bitcoin all-time high for this cycle before the end of the year.” Bitcoin is currently trading at $104,790, up 2.3% in the past 24 hours. The leading cryptocurrency has climbed 11.7% in the last two weeks and 24.6% over the past month, suggesting that even if the top isn’t in yet, investor confidence is clearly returning. Ali’s forecast is rooted in Bitcoin’s four-year...

Owning a Tesla isn’t just about enjoying cutting-edge technology and sustainable driving. It’s also an opportunity to generate passive income. Beyond traditional methods like ride-sharing or delivery services, Tesla owners can explore additional creative ways to make passive income on the side. Here are four creative ways to turn your Tesla into a revenue-generating asset. List Your Tesla on Peer-to-Peer Car Sharing Platforms Platforms like Turo enable Tesla owners to rent out their vehicles to others. According to the platform’s website, cars listed on Turo earn about $906 per month, with owners receiving approximately 70% of the rental earnings. This approach allows you to monetize your Tesla during periods when it’s otherwise...

The Senate voted 66-22 late Monday to advance the GENIUS Act, a bill that aims to regulate some cryptocurrencies. The bill faced some Democratic opposition in recent weeks over President Donald Trump’s cryptocurrency ventures, but it ultimately garnered support from 16 Democrats, including Sen. Cory Booker, D-N.J., and Sen. Adam Schiff, D-Calif. The industry-backed measure establishes rules targeting stablecoins, a type of cryptocurrency pegged to the value of another asset, often the U.S. dollar. Proponents hailed the bill as a means of protecting consumers and setting industry standards, which could allow such crypto coins to become a mainstream tool for digital payments and other financial instruments. Critics warned, however...

On May 20, the Bprotocol Foundation and LocalCoin filed a lawsuit in the U.S. District Court for the Southern District of New York against Uniswap Labs and the Uniswap Foundation, accusing them of unlicensed use of patented technology that underpins automated trading on decentralized exchanges (DEXs). Bprotocol Foundation is a nonprofit known for supporting the development of the Bancor protocol, while LocalCoin is the original developer behind Bancor. Both firms claim that Uniswap has been infringing on Bancor’s intellectual property for years. The lawsuit centers around key elements of decentralized trading — specifically, smart contract structures that power what’s known as the constant product automated market maker, or CPAMM, the...

DeFi is attracting institutional interest due to its open access to global liquidity, 24/7 markets, and transparent settlement. However, much of the current infrastructure operates at retail speed. On Ethereum, unpredictable fees and delays make executing fast, high-volume strategies challenging, especially for hedge funds and market makers. When speed is crucial, delays can ruin a trade. Yei Finance, built on the Sei blockchain, addresses this issue by processing trades thousands at a time, in contrast to Ethereum's one-by-one execution. This enhancement allows real-time arbitrage, minimizes slippage, and facilitates liquidity management. For firms focused on execution, this environment is vital for optimal performance. Sei’s...

The ETF industry is experiencing explosive growth, accumulating substantial assets this year amid the surge in the stock market. The current year is on track to be one of the biggest years ever for ETF demand. There is enough liquidity in the ETF world, with most funds trading at extremely high volumes. Volume can be determined by the number of shares traded in a particular period. High trading volume indicates high liquidity, which is a key characteristic of ETFs. Here's why volume is relevant: **Liquidity**: High-volume ETFs are more liquid, meaning they can be bought or sold easily without causing a significant price change. This is important for investors, as it allows them to enter or exit positions without significantly impacting...

Elon Musk on Tuesday said White House DOGE office staffers aren't "dictators of the government" and that progress made by DOGE is tied to its support from Congress and the executive branch. Musk, the public face of DOGE's cost-cutting efforts, told the Qatar Economic Forum that DOGE has performed "incredible" work but that it couldn't make changes alone. "The ability of DOGE to operate is a function of whether the government — and this includes the Congress — is willing to take our advice," he said. "We're not the dictators of the government — we are the advisors. And the progress we've made thus far is incredible." "The DOGE team has done incredible work, but the magnitude of the savings is proportionate to the support we get from...

The U.S. Senate has moved forward with the GENIUS Act — a bill designed to regulate stablecoins — following a key vote on May 19 that passed 66-32. The Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS) had previously been stalled due to opposition from Democratic lawmakers, many of whom raised concerns about former President Donald Trump’s deep involvement in the crypto space. The GENIUS Act is a bipartisan bill introduced in the U.S. Senate aimed at creating a comprehensive regulatory framework for stablecoins. These are cryptocurrencies designed to maintain a fixed value, typically pegged to traditional currencies like the U.S. dollar. The bill mandates that all stablecoins must be fully backed by...

A long-anticipated stablecoin bill has broken through Senate opposition to bring a key piece of crypto legislation one step closer to becoming law. The bill advanced in a procedural vote that garnered bipartisan support two weeks after Democrats balked at the proposed legislation. Early opposition feared that the bill would enable conflicts in President Donald Trump's crypto dealings, which have drawn scrutiny on both sides of the aisle. While some Democrats continued to staunchly resist the bill this week, an amended version was pushed advanced with a 66-32 vote. With the Genius Act now headed for debate on the Senate floor, here's what the legislation is aiming to accomplish. **Broader oversight of a growing crypto space** The...

With the growing buzz around cryptocurrency, it’s easy to feel like you’re missing out if you’re not investing in bitcoin, ethereum, and other digital currencies. But personal finance expert Dave Ramsey doesn’t hold back when it comes to crypto hype. In a recent interview on the “Shawn Ryan Show,” he said too many people are going all-in with speculative assets before building a real financial foundation. That’s not just risky. “That’s stupid,” he said. Here are three things Ramsey says you should do before you even think about putting money into crypto. **Contributing to a 401(k)** Before gambling on crypto, Ramsey emphasized that a priority should be securing your retirement. And that starts with contributing to your 401(k)...

STRK - Weekly ATM Proceeds (@DogCandles) Strategy’s (MSTR) perpetual preferred stock, STRK, achieved the largest proceeds from its weekly at-the-market (ATM) issuance since the program started in February, raising $59.7 million that was used to buy more bitcoin BTC, according to a Monday SEC filing. That amount corresponds to the issuance of approximately 621,555 STRK shares. Strategy has about $20.79 billion still available in the STRK ATM facility. The company led by Executive Chairman Michael Saylor is continuing with its bitcoin-buying strategy even as the price of the largest cryptocurrency holds above $100,000, with an eye on its January record of $109,000. Strategy's Monday BTC purchase took its total holdings to 576,230...

Exclusive: True Markets raises $11 million and launches new Solana-focused crypto trading app As mainstream interest around crypto grows, a new exchange is vying to compete against the likes of Coinbase and Robinhood. Armed with $11 million in fresh funding, True Markets is launching a trading app this week targeted at retail customers, which will allow users to buy and sell tokens based on the popular Solana blockchain, and soon other top cryptocurrencies such as Bitcoin and Ethereum. Cofounders Vishal Gupta and Patrick McCreary are veterans of Goldman Sachs and Coinbase, where they helped launch global trading products. Now, as the landscape of crypto exchanges gets increasingly crowded, Gupta told Fortune that True Markets is...