Crypto News

Image source: Getty Images. XRP has been one of the top-performing cryptocurrencies of 2025. It's now up almost 25% year to date, and currently trades at a price of about $2.54, giving XRP a total market cap of $150 billion. That's just the beginning of XRP's resurgence. The world's third-most valuable cryptocurrency could quadruple in price and be worth $600 billion within just five years. Here's one way that it could play out. On the surface, a $600 billion valuation for XRP might appear unrealistic. After all, that's twice the current valuation of Ethereum. So let's do a little math and consider the following question: How fast would XRP need to grow on a year-over-year basis to hit a market cap of $600 billion within five...

Key Points Is buying shares of a company that exists only to hoard Bitcoin smarter than buying Bitcoin itself? To an emerging wave of Bitcoin treasury companies, the answer to that question is maybe. Huge and consistent purchases of the coin by the leading business in the segment, Strategy (NASDAQ: MSTR), are setting the example for others to follow, with its shares rising by 230% during the past 12 months, far above Bitcoin's return of 67%. That makes buying the treasury operators sound very appealing. But for investors, the picture is a bit more complicated, so let's dive in and evaluate whether these companies are smart investments or not. The advantages of this approach are undeniable First, let's clarify what Bitcoin treasury...

Image source: Getty Images. Key Points Bitcoin's price breaking $100,000 for the second time seemed like a bullish milestone. But will its price stay above that level for the long term, and if it does, why? There are three emerging trends in particular that suggest $100,000 may become the new floor for the coin rather than a peak. Let's take a look at each. 1. Even more governments are thinking about forming reserves President Donald Trump issued an executive order calling for the creation of a Strategic Bitcoin Reserve. Although it has yet to be created, the U.S. isn't the only country that's looking to stockpile digital assets like Bitcoin; Japan, Russia, and the Czech Republic, among many others, are also investigating whether...

Block (XYZ) estimated and reported earnings history Block’s Square Resilience Shines Through Cash App Headwinds Block continues to face challenges with its Cash App segment amid intensifying competition and a soft macroeconomic environment. The company’s first-quarter 2025 earnings report fell short of market expectations, primarily driven by Cash App’s underperformance, leading to missed EPS and revenue targets and subsequent downgrades from several analysts. However, the report also highlighted positive developments. Despite a 3% decline in overall revenue, Block’s operating income rose an impressive 28% year-over-year, reaching $466 million. The company’s Square business showed strong momentum, particularly in key verticals...

Image source: Getty Images. Key Points Bitcoin recently hit the $100,000 mark again. The bullishness is back as investors continue to pile money into the top cryptocurrency. And if some crypto enthusiasts are right, this may be just the start of more gains to come. The good news is that if you don't want to worry about digital wallets and just want an easy way to invest in Bitcoin, there are spot exchange-traded funds (ETFs) you can put into your portfolio today to gain exposure to the digital currency, such as the iShares Bitcoin Trust ETF (NASDAQ: IBIT). Could investing $1,000 in this ETF help make you a millionaire? The ETF has been soaring Investing in the iShares Bitcoin Trust ETF can be an effective way to track Bitcoin...

Over the past 30 days, sentiment in the crypto market has improved remarkably, largely on new optimism about global trade deals getting done. Nearly every top cryptocurrency has been posting double-digit gains, and investors appear to be regaining their risk appetite for crypto. Two cryptos on the radar right now are Sui (CRYPTO: SUI) and Bittensor (CRYPTO: TAO), both of which have been soaring in value. Let's take a closer look at what makes them such strong buys right now. Sui Sui (pronounced "swee") is arguably the buzziest new Ethereum (CRYPTO: ETH) challenger to arrive on the scene. This Layer 1 blockchain network launched in May 2023 and features an all-star team of blockchain developers and Silicon Valley tech veterans. Since...

Image source: Getty Images. Key Points Bitcoin (CRYPTO: BTC) is an asset that belongs in pretty much every portfolio, even if it's just a small allocation of $1,000. Excitingly, there are new developments that strengthen the case for buying and holding it. 1. Businesses are buying it When big companies decide to buy and hold an asset, it suggests reliability. Major companies like Tesla are buying and holding Bitcoin. These entities view it as an investment to hold on their balance sheets, enabling them to borrow capital and potentially increase their stock prices as Bitcoin’s value rises. According to research, businesses have been significant buyers of Bitcoin, reporting a 154% increase in ownership over the last 12 months. 2...

XRP fell over 4% in the past 24 hours, leading losses among major cryptocurrencies as the broader market stalls after last week’s sharp rally. Bitcoin continues to hover above $104,000, with traders predicting a steady rise past $105,000, a level now acting as both psychological and technical resistance. The crypto market's total capitalization declined 2% to $3.3 trillion, with majors such as Ethereum (ETH) and Solana (SOL) also pausing near their 200-day moving averages—a region that may either signal consolidation or the start of a short-term pullback. “Bitcoin has been smoothly forming a top for the past seven days,” said Alex Kuptsikevich, chief market analyst at FxPro. “This kind of setup typically signals a correction is due...

Image source: Getty Images. Meet the Newest Stock in the S&P 500: It Has Soared 640% Since 2023 and Is Still a Buy in 2025, According to Certain Wall Street Analysts Key Points Coinbase Global (NASDAQ: COIN) will be added to the S&P 500 before the stock market opens on Monday, May 19. The stock has rocketed 643% higher since January 2023, but certain Wall Street analysts still anticipate substantial gains in the next year. Joseph Vafi at Canaccord Genuity and Devin Ryan at Citizens JMP have set Coinbase with target prices of $400 per share. That implies 52% upside from the current share price of $263. Statistics say Coinbase stock will climb 12% during the year post-inclusion in the S&P 500 The S&P 500 is regarded as the best...

A number of high-profile asset managers cut their stakes in spot bitcoin exchange-traded funds amid a 12% drop in the cryptocurrency's price in the first quarter of 2025, according to recent regulatory filings. This marks a shift from previous quarters when asset managers had typically increased their holdings in spot bitcoin ETFs, as shown in previous quarterly 13-F filings with the Securities and Exchange Commission. Spot bitcoin ETFs, which made their market debut in January 2024, now paint a more complex picture. Hedge funds trimmed their holdings while some financial advisory firms and wealth funds boosted or rebalanced their positions. "What we witnessed in the first quarter was the collapse of the premium that people were...

Warren Buffett has a surprising advice for eToro’s CEO Legendary billionaire investor Warren Buffett, who recently stepped down as Berkshire Hathaway CEO after 60 years of service, is well-known for influencing a generation of entrepreneurs such as Microsoft founder Bill Gates and Pershing Square founder Bill Ackman. Often referred to as the "Oracle of Omaha,” Buffett's sage advice is paid heed to by the younger generations of CEOs as well. Yoni Assia, founder and CEO of the Israel-based trading and investment firm eToro (Nasdaq: ETOR), recently revealed that it was Berkshire Hathaway founder who "actually convinced" him to focus more on stocks and less on crypto. Assia made the revelation while speaking on CNBC's ‘Squawk Box’ on...

In another twist to the years-long SEC vs. Ripple case, Judge Analisa Torres has denied the joint motion for an indicative ruling on their settlement on May 15. Judge Torres of the U.S. District Court for the Southern District of New York ruled that vacating the final judgment would be "procedurally improper" since the parties didn't file the correct procedural motion. As earlier reported, Ripple — the blockchain and payments firm — and the Securities and Exchange Commission (SEC) filed a joint settlement on May 8. The motion requested Judge Torres for an indicative ruling to dissolve the injunction in the Aug. 7, 2024 judgment that prohibited Ripple from the "unlawful offer and sale of securities." It also requested the court to...

Coinbase Global Inc., a key player in the crypto industry and the first publicly traded crypto exchange, has faced a significant security breach. Despite the financial cost of the hack being estimated at $400 million, the impact extends beyond monetary losses. The company, known for securing a large portion of the $122 billion in tokens of spot-Bitcoin ETFs, recently celebrated its addition to the S&P 500 Index. However, news of the hack, coupled with ongoing SEC investigations, led to a sharp decline in its shares. According to sources familiar with the incident, hackers accessed valuable customer data by bribing Coinbase customer representatives. These representatives had access to sensitive information like names, dates of birth...

A new kind of infrastructure is emerging—quietly, efficiently, and without fanfare. It’s called DePIN, short for Decentralized Physical Infrastructure Networks, and it’s changing how the physical world gets connected. The idea is simple: replace bloated institutions and outdated middlemen with crypto incentives and a network of independent operators. Instead of centralized telecom giants, you’ve got individuals running devices from garages, rooftops, and back offices. Cell towers become community-powered. Sensor grids are crowdsourced. Cloud storage is distributed across thousands of independently operated machines. This isn’t about permits or subsidies—it’s about participation. Stake a device, provide coverage, contribute data or...

The decision on whether to spend or save coins is usually pretty simple. In nearly all cases, if you don’t spend them, then they’re just a pile of metal gathering dust. But there are rare instances when that pile of metal might hold a fortune, such as a Sacagawea Dollar coin worth six figures or a Lincoln penny worth a couple million dollars. Lincoln pennies are well known — chances are you have a bunch of them taking up space somewhere in your home or car. Sacagawea Dollars are not nearly as well known, but they are beloved by many coin collectors. With that in mind, let’s dive into some Sacagaweas — and other coins — that might be worth holding onto. Background The U.S. Mint started issuing the Sacagawea Dollar in 2000, in honor of...

Michael Saylor’s new advice? "Sell a tooth if you must, but keep the bitcoin." Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy) took to X on Thursday with a new one-liner for Bitcoin believers. It’s the latest in a string of dramatic — and controversial — declarations from Saylor, who has become crypto’s loudest Bitcoin evangelist. Just a few months earlier, in February, Saylor famously wrote, “Sell a kidney if you must, but keep the Bitcoin.” Saylor has long advocated going all-in on Bitcoin. He’s previously urged followers to mortgage their homes or family businesses to buy more of the asset. Under his leadership, Strategy has made over 50 separate Bitcoin purchases — many of them leveraged. The company’s...

Ondo Finance has launched 24/7 instant conversions between its tokenized Treasury product, OUSG (Ondo Short-Term US Government Treasuries), and PayPal USD (PYUSD), the stablecoin issued by Paxos and available via PayPal and Venmo. The update allows users to seamlessly mint OUSG using PYUSD and redeem it back to PYUSD anytime, offering greater liquidity for OUSG holders and boosting the real-world utility of PayPal’s stablecoin. The $25 million conversion facility is one of the largest of its kind between a stablecoin and tokenized money market fund. "Enabling OUSG and PYUSD conversions broadens the range of trusted, high-quality settlement options available to our clients," said Nathan Allman, CEO of Ondo Finance. "We’re thrilled to...

The recent turmoil in the markets has shaken the confidence of investors across the globe, and a large number of them are now rethinking their investment strategies in the wake of the tariff war. The phenomenon is quite evident in Asia where ultra-rich clients are exploring alternative investment options such as cryptocurrency and gold. This is exactly what Amy Lo, co-head of wealth management for Asia at the UBS Group, emphasized at a recent event. UBS Group is a Swiss multinational investment bank and financial services company. It is the world's largest private bank, which counts several billionaires among its clients. Lo said that high-net-worth investors in Asia are retreating from assets tied to the U.S. dollar and allocating...

Brian Armstrong, CEO of Coinbase. (Photo by PATRICK T. FALLON/AFP via Getty Images) Coinbase's stock (COIN) fell by more than 8% Thursday after two developments raised new questions about the company's controls and regulatory headaches. First, the US crypto exchange disclosed that cyberattackers had stolen sensitive customer data and threatened to publish it unless the company paid a $20 million ransom. Then the New York Times reported that the Securities and Exchange Commission still has an open investigation into whether Coinbase misreported user data years ago. Coinbase said no passwords or private crypto wallet codes had been compromised by the cyberattack and that the data leak affected less than 1% of Coinbase's monthly...

Photo: Justin Sullivan (Getty Images) Crypto exchange Coinbase (COIN) thinks it will be on the hook for $180 million to $400 million after a cyber attack breached a “small subset” of its customers’ accounts. Investors sent the shares sliding more than 6% Thursday midday as they digested the news. Coinbase posted a detailed account of what happened on its website, which makes for some riveting reading. The hackers targeted Coinbase’s support agents overseas, offering cash bribes to a small group of workers for data from customer support tools, the company said. The exchange added that the copied data they handed over involved less than 1% of its monthly transacting users. The hackers aimed to gather a customer list they could...