Crypto News

WASHINGTON (Reuters) - The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for the cryptocurrency sector by fostering "regulatory uncertainty" in prior years. "Market participants engaging in this technology deserve clear regulatory rules of the road," Paul Atkins said in his first remarks since being sworn in as chairman of the agency earlier this week. He spoke at the SEC's crypto roundtable, which the Republican leadership launched to weigh how securities laws may apply to digital assets, an area of tension between the sector and the agency under previous leadership. Atkins, who has worked with crypto firms in recent years, has widely been expected to take a softer tack...

Thanks to the quick evolution of artificial intelligence (AI), many aspects of life are being streamlined — including investing. However, you should always double-check the work of robots, and never lose sight of your own critical thinking skills. While the technology can be extremely helpful when it comes to investing in crypto specifically, experts say there are some common pitfalls to avoid. “AI excels in a variety of areas when it comes to crypto investing. It can analyze market sentiment faster and with greater accuracy than a human investor,” said Brian Prince, co-founder and CMO of XCoins and founder and CEO of TopAITools.com. He explained that AI can spot trends faster and apply them to real-time scenarios. For instance, it...

None Bitcoin was trading at recent highs Friday morning after an upbeat week for stocks. The leading cryptocurrency was recently changing hands near $95,000, reflecting a stretch in which investors have shown more appetite for risk assets amid signs of more clarity—and, perhaps, moderation—regarding Trump-administration trade policy. Hopes of a summer Fed rate cut may also be helping. At current prices, bitcoin remains below 2025 highs above $100,000 but has climbed off April lows closer to $76,000. Bitcoin's rise has energized some bitcoin bulls. ARK Invest, for example, this week reiterated its 2030 targets, established earlier this year, for the coin: It's looking for it to rise to a range from around $300,000 to about $1.5...

The head of the Swiss National Bank (SNB) said on Friday that cryptocurrencies failed to meet the institution's currency reserve standards, rebuffing calls by crypto advocates that it hold bitcoin as a hedge against growing global economic risks. Cryptocurrency campaigners are ramping up pressure on the SNB to buy bitcoin, arguing that the economic turmoil triggered by U.S. President Donald Trump's tariffs made it more important for the central bank to diversify its reserves. They have launched a referendum campaign to change the Swiss constitution and require the SNB to hold bitcoin in its reserves alongside gold. SNB Chairman Martin Schlegel, however, rejected the idea at the central bank's shareholder meeting in Bern...

The U.S. Federal Reserve is facing heavy pressure to cut interest rates. President Donald Trump recently warned that Fed Chairman Jerome Powell's job could be at risk if he doesn't cut rates fast. But let's set aside all the political undertones and deal-making calculations, and focus on the overarching questions: What happens to cryptocurrency prices if there is a rate cut? And which cryptocurrencies would become most attractive in a lower-rate environment? The general rule of thumb is that rising interest rates result in lower crypto prices, while declining interest rates result in higher crypto prices. That might sound simplistic, but when rates are lower, the cost of borrowing is lower. Moreover, risky assets suddenly appear more...

Tariffs have had a colossal negative impact on the crypto market. Nearly every major cryptocurrency is now down for the year, and some are down as much as 50%. However, if you only focus on the past 30 days, a different picture emerges. Of the top 20 cryptocurrencies ranked by market cap, a handful of them are actually posting slightly positive returns. And, if you're willing to peek outside the top 20, it's possible to find some coins that are up 30% or more over the past 30 days. Here are my top three picks. 1. Bitcoin While Bitcoin (CRYPTO: BTC) is still down nearly 20% from an all-time high, the narrative has started to shift. Heading into April 2, Bitcoin seemed destined to be yet another casualty of the new Trump tariffs. But...

Bitcoin (CRYPTO: BTC) may be the biggest cryptocurrency by market cap, weighing in at $1.85 trillion on April 24, but that doesn't mean it's the leader across every metric. In fact, it's one of the absolute laggards for one data point in particular -- and it happens to be the heartbeat of many of its peers in cryptocurrency, like Ethereum, Solana, and Cardano. Much to the surprise of many investors, that's not a reason to avoid buying or to consider selling it. From one perspective, it's actually another argument for why the largest coin is worth buying and holding forever, so let's take a look at what's going on here. Tech development isn't the real story here Cryptocurrency is an emerging sector. As a result, two of the most...

Binance has added fiat-to-crypto onramp capabilities for leading mobile wallets, Apple Pay and Google Pay, via an integration with Worldpay, aiming to bring the next billion users into Web3. Despite efforts to partner with established names in payments to boost awareness and trust, Binance faces ongoing challenges that may hinder this goal. The integration allows easy conversion of fiat currency to cryptos in the Binance app using Apple Pay and Google Pay, which together hold over a quarter of the global mobile wallet market share, according to GlobalData’s Mobile Wallet Analytics 2024. However, a subsequent AWS Cloud outage caused trading and withdrawal disruptions on exchanges, including Binance, which led to the Mantra (OM) token’s...

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) captured the spotlight with their meteoric rises, turning some investors into millionaires, while also resulting in losses for others. Nonetheless, the allure remains: can another coin achieve similar feats under ideal circumstances? The environment behind the price surges of Dogecoin and Shiba Inu is one of speculation. Media buzz and market excitement can amplify the rise of high-risk assets like meme coins. But what triggers these hyper-speculative phases? The answer lies in liquidity, which refers to the amount of money circulating in the cryptocurrency and traditional markets. There are two main components here. Firstly, the amount of disposable money in investors' accounts...

Serbia’s Prince Filip Karađorđević believes Bitcoin is being held back by market forces but expects a massive surge in its price. In an April 24, 2025, interview with Simply Bitcoin, Filip discussed how some market participants might be suppressing Bitcoin's price action. He drew parallels to the 2021 market, where he believes the price was kept from rising significantly, and warned that this could happen again in 2025. However, he remains confident that Bitcoin’s deflationary nature means its value will continue to rise over time. Filip also mentioned the concept of the “omega candle,” which was introduced by Bitcoin advocate and Jan3 CEO, Samson Mow. This theory predicts a rapid increase in Bitcoin’s price after it crosses the...

Bitcoin reserves on exchanges have dropped to their lowest levels since November 2018, with a significant decrease observed since November 2024. This reduction, totaling more than 425,000 BTC, is largely attributed to public companies acquiring the digital asset. According to Fidelity Digital Assets, the current supply of Bitcoin on exchanges is approximately 2.6 million BTC, marking the lowest level in over six years. Publicly traded companies have been responsible for purchasing nearly 350,000 BTC, a trend that is expected to continue growing in the near future. One of the primary drivers behind these acquisitions is Strategy, a firm co-founded by Michael Saylor. Since November 2024, Strategy has accumulated 285,980 BTC, making up a...

The Federal Reserve has joined its fellow U.S. banking regulators in deleting its crypto guidance of previous years, including notices that banks should get pre-approvals before they get involved in crypto activity. Now, all three agencies — including the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. — have joined in reversing those previous policies, leaving crypto matters at banks in the hands of their managers and compliance executives. In the absence of guidance, the banking industry awaits new laws from Congress to define how the digital assets industry should operate in the U.S. "These actions ensure the Board's expectations remain aligned with evolving risks and further support innovation in...

Wall Street's getting a new Bitcoin treasury. Shares of Cantor Equity Partners (CEP)—a blank check company headed by Brandon Lutnick, son of President Trump's commerce secretary—soared 50% on Thursday, a day after it announced a deal to take “Bitcoin-native” Twenty One, “a newly formed entity,” public via SPAC merger. The stock has risen more than 200% since Wednesday's announcement. Twenty One is expected to go public with more than 42,000 bitcoin, the third-largest corporate bitcoin treasury in the world. The company will be majority-owned by stablecoin issuer Tether and its affiliated exchange Bitfinex, which are supplying 31,500 bitcoin. Investment holding company SoftBank has agreed to purchase some of Tether’s shares to take...

U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related activities. The Federal Reserve said it was withdrawing a pair of supervisory letters stipulating that banks should seek advance approval from regulators before engaging in crypto-asset and stablecoin activities. In addition, the Fed joined the Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency in withdrawing a pair of 2023 statements urging banks to be vigilant around crypto-related risks, the latest move by the Trump administration to strike a more crypto-friendly stance. This article has been published in reuters.com via Yahoo News...

Japanese investment giant SoftBank is dipping its toes back into crypto by backing a new bitcoin (BTC) investment vehicle, Twenty One Capital, in conjunction with Tether, Bitfinex, and Cantor Fitzgerald. For some, the SoftBank Group—which has $308.7 billion assets under management—taking an interest in bitcoin is a welcome development and another sign of mounting institutional crypto adoption. After all, SoftBank functions more or less like a Japanese sovereign wealth fund, according to Jeff Park, head of alpha strategies at Bitwise. But for seasoned observers, it could be more of a déjà-vu than a breakthrough. Flashback to 2019, SoftBank made headlines when its founder, Masayoshi Son, took a gigantic loss on a personal bitcoin...

Cryptocurrencies like Bitcoin and altcoins like Ethereum are powered by blockchain technology, which comprises complex cryptography and software that creates an immutable and decentralized database. The system offers enhanced security for users, as it maintains a tamper-resistant record of transactions and keeps track of ownership. Blockchain’s safety and decentralization features have been among the major drivers behind the proliferation of cryptocurrencies. Positive industry developments, like the repeal of an accounting rule by the U.S. Securities and Exchange Commission (SEC) and the agency’s decision to drop lawsuits against Coinbase and Robinhood, bode well for investors. Cryptocurrencies have shown remarkable resilience amid the...

Bitcoin has surged 10% over the past seven days. On Wednesday, the original cryptocurrency reached $94,000, its highest level since Mar. 2, after falling as low as $75,000 earlier this month. The rest of the crypto market has also rallied this week; Ethereum is up 11% in the last seven days, XRP up 7%, and Solana up 13%. The traditional stock market is making gains as well after a historic meltdown earlier this month. The Nasdaq is up 5% in the last five days, and the S&P 500 is up 4%. “While the broader macro environment may be very volatile, especially for equities and fixed income, the digital asset class has been holding up remarkably well,” James Gernetzke, CFO of crypto exchange Exodus, told Fortune. President Trump announced...

CME Group will launch futures contracts tied to the XRP cryptocurrency next month, the derivatives exchange said on Thursday, aiming to tap into the growing interest in tokens other than bitcoin and ether. The cash-settled futures are set to launch on May 19, pending regulators' approval. Futures contracts let traders bet on or hedge against the future price movements of an asset, without owning it. CME's move highlights a push to offer sophisticated trading tools for altcoins — which typically refer to tokens smaller than bitcoin and ether — and reflects their growing maturity. Initially viewed as speculative assets, these coins are fast becoming a vital component of investors' portfolios. According to analysts, they can be a safe...

Image source: Getty Images. Thus far, gold has vastly outperformed Bitcoin (CRYPTO: BTC) in 2025. For the year, gold is up 30% and is now trading at all-time highs. Amidst all the tariff uncertainty, investors are searching out safe havens to preserve the value of their money, and gold is arguably the safest of all safe havens. But don't sleep on Bitcoin. The "digital gold" narrative is making a comeback, and Bitcoin recently regained the $90,000 price level for the first time in weeks. So which is the better investment right now: Bitcoin or gold? The unique diversification properties of Bitcoin In September 2024, BlackRock (NYSE: BLK) released a brief 10-page report: "Bitcoin: A Unique Diversifier." The report examined the unique...

President Trump and White House crypto czar David Sacks speak at the White House Digital Assets Summit on March 7. (Anna Moneymaker/Getty Images) President Trump is courting the biggest backers of his official meme coin as he deepens his financial involvement with the crypto industry. Trump's $TRUMP cryptocurrency, which he launched just before taking office in January, surged 30% following a Wednesday announcement of a gala dinner for the meme coin's 220 biggest holders. The event will be held May 22 at the Trump National Golf Club in Sterling, Va. The 25 biggest Trump coin holders will also receive an invite for a "special tour," along with a "private VIP reception with the President." The private dinner invitation follows a...