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Moody's downgraded the U.S. credit rating from Aaa to Aa1 due to rising national debt and deficits, impacting the broader financial markets, including cryptocurrencies. Analysts predict Bitcoin could reach $250,000 by the end of 2025, driven by increased institutional interest and reduced volatility in the asset. In South Africa's Garden Route region, Bitcoin adoption is growing, showing early signs of a parallel economy benefiting local businesses and travelers. The SEC is engaging with Everstake to clarify regulations surrounding non-custodial staking, amidst ongoing discussions about the legal status of staking in the U.S. The altcoin market sees renewed interest as it gains significant value, with some analysts suggesting it could experience a powerful rally reminiscent of past bullish cycles.

Cointelegraph

Here’s what happened in crypto today cointelegraph.com 3 hours ago by Cointelegraph by Cointelegraph
Trump memecoin, Solana memecoin, TRUMP token, Solana, SOL, Nova Labs, SEC, Securities and Exchange Commission, crypto regulation, TRUMP rally, Bitcoin
Today in crypto, Moody’s degrades US credit rating, Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, accordi…
The Public internet is a bottleneck for blockchain — DoubleZero CEO cointelegraph.com 3 hours ago by Cointelegraph by Vince Quill
Public internet infrastructure is the critical speed and performance constraint on high-throughput blockchain networks, according to Austin Fe…
Moody's downgrades US credit rating due to rising debt cointelegraph.com 4 hours ago by Cointelegraph by Vince Quill
Moody's credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as …
High-speed oracles disrupting $50B finance data industry — Web3 Exec cointelegraph.com 7 hours ago by Cointelegraph by Vince Quill
Michael James, the head of institutional business development at Douro Labs — the company that developed the Pyth high-speed blockchain oracle…
A Bitcoiner’s guide to South Africa’s Garden Route cointelegraph.com 10 hours ago by Cointelegraph by Cath Jenkin
South Africa’s Garden Route, famed for its lush forests, expansive beaches and charming towns, has become a testbed for Bitcoin adoption. Fro…
The DeFi mullet — Fintech needs DeFi in the back cointelegraph.com 10 hours ago by Cointelegraph by Merlin Egalite
Opinion by: Merlin Egalite, co-founder at Morpho Labs Fintechs in the front, decentralized finance (DeFi) in the back: the DeFi Mullet. Toda…
Bitcoin to $250K in 2025 ‘totally possible’ — crypto analyst Scott Melker cointelegraph.com 13 hours ago by Cointelegraph by Amin Haqshanas
Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to Scott Melker, a crypto analyst and host of The…
Everstake defends non-custodial staking as SEC weighs industry input cointelegraph.com 16 hours ago by Cointelegraph by Amin Haqshanas
The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers global…
New Zealand man arrested in $265M crypto scam tied to FBI probe cointelegraph.com 18 hours ago by Cointelegraph by Amin Haqshanas
A man from Wellington, the capital city of New Zealand, has been arrested in connection with an FBI-led investigation into a global cryptocurr…
Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders cointelegraph.com 20 hours ago by Cointelegraph by Brayden Lindrea
Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of E…
Paraguay deports three undocumented immigrants after crypto mining theft attempt cointelegraph.com a day ago by Cointelegraph by Brayden Lindrea
Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the co…
Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highs cointelegraph.com a day ago by Cointelegraph by Big Smokey
Key takeaways: * Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the …
French crypto entrepreneurs to receive extra security amid recent kidnappings: Report cointelegraph.com a day ago by Cointelegraph by Brayden Lindrea
Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in …
Tokenization makes investing more accessible — Robinhood exec cointelegraph.com a day ago by Cointelegraph by Christopher Tepedino
Tokenization could open new opportunities for retail investors to access traditionally restricted asset classes, according to Johann Kerbrat, …
Filecoin, Lockheed Martin send data in space using decentralized data protocol cointelegraph.com a day ago by Cointelegraph by Alex O’Donnell
The Filecoin Foundation and Lockheed Martin Space have successfully transmitted data in space using a version of the InterPlanetary File Syste…
Sequoia Capital exec also a victim in Coinbase data breach — Report cointelegraph.com a day ago by Cointelegraph by Turner Wright
At least one partner at Sequoia Capital was reportedly impacted by the recent data breach among Coinbase users, suggesting that data from othe…
Solv brings RWA-backed Bitcoin yield to Avalanche blockchain cointelegraph.com a day ago by Cointelegraph by Sam Bourgi
Solv Protocol has launched a yield-bearing Bitcoin token on the Avalanche blockchain, giving institutional investors more exposure to yield op…
Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst cointelegraph.com a day ago by Cointelegraph by Biraajmaan Tamuly
Key takeaways: * The total altcoin market cap (excluding ETH) gained $126 billion in Q2, fueling speculation of an altseason. The altcoin m…
Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports cointelegraph.com a day ago by Cointelegraph by Christopher Tepedino
Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair…
Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally? cointelegraph.com a day ago by Cointelegraph by Marcel Pechman
Key takeaways: * Bitfinex margin longs fell 18%, despite Bitcoin price rising 24% in 30 days. * $6.8 billion in long positions far outweig…
World Liberty Financial brushes off oversight concerns from Congress cointelegraph.com a day ago by Cointelegraph by Turner Wright
Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by…
SEC hacker sentenced to 14 months in prison cointelegraph.com a day ago by Cointelegraph by Turner Wright
A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X a…
CFTC commissioner to leave agency on May 31 cointelegraph.com a day ago by Cointelegraph by Turner Wright
Christy Goldsmith Romero of the US Commodity Futures Trading Commission (CFTC) will step down on May 31, leaving three seats open at the finan…
Basel Medical shares down 15% on $1B Bitcoin buying plans cointelegraph.com a day ago by Cointelegraph by Alex O’Donnell
Shares of Basel Medical Group are down around 15% after the healthcare company announced plans to buy $1 billion in Bitcoin for its corporate …
Price predictions 5/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX cointelegraph.com a day ago by Cointelegraph by Rakesh Upadhyay
Key points: * A Bitcoin price close above $105,000 could accelerate momentum and trigger a rally to $130,000. * Ether continues to gain st…
Crypto miner turned AI provider CoreWeave adds billions in market cap cointelegraph.com a day ago by Cointelegraph by Sam Bourgi
Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling gro…
Bitcoin breaks out while Coinbase breaks down: Finance Redefined cointelegraph.com a day ago by Cointelegraph by Zoltan Vardai
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to…
Bitcoin supply crunch boosts confidence in $200K target for 2025 — Bitwise CIO cointelegraph.com a day ago by Cointelegraph by Vince Quill
Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to a supply shock from hei…
US Senate will pass Stablecoin bill — Digital Chamber chief cointelegraph.com a day ago by Cointelegraph by Vince Quill
The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said C…
Bitcoin breakout odds climb as all-time highs meet $90K dip warning cointelegraph.com a day ago by Cointelegraph by William Suberg
Key points: * Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction. * Price discovery is keenly …
Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years cointelegraph.com 6 years ago by Cointelegraph by Adrian Zmudzinski
Bitcoin, tradings, price analysis, charts
Update: the CTO of TradingView told Cointelegraph in comments that the reports of a bug were inaccurate, and the Twitter user partially withdr…