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Year: 2025

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Stocks flat as Moody’s downgrades U.S. credit, S&P 500 rally stalls
Posted inCryptocurrency

Stocks flat as Moody’s downgrades U.S. credit, S&P 500 rally stalls

U.S. stocks were little changed Monday as investors reacted to Moody’s Ratings stripping the U.S. of its last triple-A credit grade and lawmakers advancing a tax bill expected to add…
Posted by bitunikey@gmail.com May 20, 2025
Ethereum exchange supply drops to 10-year low amid strong whale accumulation — is $3000 ETH price incoming?
Posted inCryptocurrency

Ethereum exchange supply drops to 10-year low amid strong whale accumulation — is $3000 ETH price incoming?

Ethereum’s supply on centralized exchanges has dropped to its lowest level in over 10 years, as large holders and institutions continue to accumulate the asset.  According to a May 19…
Posted by bitunikey@gmail.com May 20, 2025
U.S. Senate advances GENIUS Act in major step toward stablecoin regulation
Posted inCryptocurrency

U.S. Senate advances GENIUS Act in major step toward stablecoin regulation

The U.S. Senate voted on Monday, May 19, to move forward with the GENIUS Act, a landmark bill that would create a regulatory framework for stablecoins. According to the results…
Posted by bitunikey@gmail.com May 20, 2025
Cardano holds key support amid ADA misappropriation claims — will ADA crash when audit results are released?
Posted inCryptocurrency

Cardano holds key support amid ADA misappropriation claims — will ADA crash when audit results are released?

Despite controversy surrounding recent claims of misappropriation, Cardano is holding firm around the $0.74 support. The token is up 1.4% in the past 24 hours, though it remains down 5.6%…
Posted by bitunikey@gmail.com May 20, 2025
SEC delays decision on Solana ETF applications citing market manipulation concerns
Posted inCryptocurrency

SEC delays decision on Solana ETF applications citing market manipulation concerns

The U.S. Securities and Exchange Commission has delayed its decision on four proposed Solana exchange-traded funds, including filings from Bitwise, 21Shares, VanEck, and Canary.  The announcement, shared on a May…
Posted by bitunikey@gmail.com May 20, 2025
Genesis targets parent company DCG in dual lawsuits for over $1B in disputed transfers
Posted inCryptocurrency

Genesis targets parent company DCG in dual lawsuits for over $1B in disputed transfers

Crypto lender Genesis Global Capital has filed two lawsuits against its parent company, Digital Currency Group, and CEO Barry Silbert, seeking to recover over $1 billion in allegedly improper transfers…
Posted by bitunikey@gmail.com May 20, 2025

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