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Crypto News
US Labor Department Rescinds Biden-Era Crypto Warning for Retirement Plans
The U.S. Department of Labor has rescinded its 2022 guidance that warned fiduciaries to exercise “extreme care” when considering cryptocurrencies for 401(k) retirement plans. Crypto Gets a Policy Boost as Labor Dept. Revokes…
Bitcoin Payments Save Steak ’n Shake 50% in Fees—Credit Cards Can’t Keep Up
Speaking at the Bitcoin 2025 conference in Las Vegas, Steak ’n Shake’s Chief Operations Officer (COO), Dan Edwards, asserted that bitcoin outpaces credit cards in terms of speed and emphasized that the company is cutting processing costs in…
Wall Street Firm Cantor Begins Bitcoin Lending Operations
Cantor, a Wall Street investment bank, has launched its bitcoin financing business, completing initial trades in May and planning to provide up to $2 billion in institutional lending. Cantor Offers Up to $2B in Financing for Bitcoin Holders…
Saylor Slams Proof-of-Reserves: ‘It’s Like Publishing Your Kids’ Bank Accounts’
Warming up for the Bitcoin 2025 conference in Las Vegas, Strategy founder Michael Saylor was asked to weigh in on the concept of proof-of-reserves. Saylor didn’t mince words, dismissing the idea entirely by stating it “dilutes the security”…
Blackrock’s Updated Bitcoin ETF Prospectus Reveals Hidden Danger: Quantum Hack Risk
A freshly revised prospectus for Blackrock’s Ishares Bitcoin Trust (IBIT) now includes a cautionary note that the advent of powerful quantum computing—and related developments—could render Bitcoin’s foundational cryptographic safeguards…
Bitcoin’s Moonshot: Fundstrat’s Tom Lee Sees $1M–$1.5M Target in Play
Tom Lee, co-founder, managing partner, and head of research at Fundstrat Global Advisors, anticipates a bright trajectory for bitcoin as adoption continues to widen. Speaking recently on stage at the Consensus conference in Canada, Lee…
Cetus Protocol’s $223 Million Hack Puts Sui’s Decentralization in the Spotlight
While some of Cetus Protocol’s funds exited the Sui network via bridges to Ethereum, $162 million remains frozen in the network due to the joint action of validators. The actions stemming from this hack have affected the crypto…
Presidential Seal Controversy Hits TRUMP Memecoin Holder Event
U.S. President Donald Trump’s reported use of the Presidential Seal at a private event for major holders of the TRUMP memecoin may have violated federal law. White House: TRUMP Dinner a Private Event U.S. President Donald Trump’s use…
Chinese Automotive Firm Reveals Dual-Track Plan to Buy 1,000 Bitcoins Over Next Year
Jiuzi Holdings, Inc. plans to acquire 1,000 bitcoins over the coming year through a combination of fresh stock issuance and direct cash purchases, the company revealed this week. Jiuzi Holdings to Raise Capital Via Stock, Cash for 1,000…
Why is Ethereum (ETH) price down today?
Ethereum price is down today after it dropped below a key support zone, but multiple analysts remain optimistic about Ether’s upside.
Ether’s price fell over 5% to $2,380 on May 19, mirroring similar downward moves across the wider…