Author: Alice Monroe

Dogecoin price jumped 10% on May 10, 2025, to the $0.20 level and at $0.2418. The rally came as part of a wider market rally as Bitcoin closed in at $104,000. Increased risk-on sentiment, solid macroeconomic data, and technical benefits fueled the rally. The Dogecoin rally triggered over $13 million of liquidations, an indication that bullish momentum’s return to meme coin markets.Bitcoin, in the meantime, recorded a 0.03% each day gain, buying and selling at $103,893. The leading cryptocurrency is now simply underneath its January 2025 all-time high of $109,a hundred and fifteen. A bullish flag-and-pole sample is rising, suggesting…

Cryptocurrency Policy Upended by IRS Resignations Cryptocurrency policy within the IRS has reached a turning point. On May 2, 2025, two senior crypto leads, Seth Wilks and Raj Mukherjee, left the agency. Their resignations were under the Trump administration’s voluntary buyout program, dubbed the “DOGE deal”—a reference to “Donald’s Ongoing Government Efficiency.” Wilks and Mukherjee were hired in early 2024 to modernise the IRS’s crypto tax strategies. Both had deep roots in the crypto industry Wilks from TaxBit, Mukherjee from ConsenSys and Binance.US. They played vital roles in drafting new reporting rules and designing the 1099-DA form for digital assets.…

Coinbase Global Inc., the leading U.S. cryptocurrency exchange, is to be included in the S&P 500 index on May 19, 2025. The move is a pioneer moment for the company and the wider cryptocurrency sector. This marks a milestone for digital currencies, as Coinbase becomes the first and only crypto-focused company included in one of the world’s most influential financial indexes. Coinbase’s Announcement In a move that’s reshaping the crypto finance landscape, it is set to replace Discover Financial Services in the S&P 500, as Capital One moves forward with acquiring Discover. The timing of the assertion generated an immediate…

DOGE price and network activity soared this week with a new catalyst in the mix. DOGE active addresses surged by 528%, from 74,640 to over 469,000, on May 13. This followed the U.S. Securities and Exchange Commission (SEC) detecting a spot Dogecoin ETF filing by 21Shares. The May 14 revision of the filing has stimulated market interest. It also continues in the same efforts by Bitwise and Grayscale, giving the DOGE price more traction in a normally wary market. DOGE price determined by network activity The surge in on-chain activity is an abrupt display of sentiment. An active address indicates…

The financial world witnessed a significant milestone. JP Morgan , in collaboration with Chainlink and Ondo Finance, has completed a groundbreaking cross -chain transaction. This involved the settlement of tokenised U.S. Treasuries using blockchain. Their efforts show Blockchain’s capacity to modernise traditional economic systems in a safe and effective way. At the center of the test was the delivery of delivery versus payment (DVP). This process, which is crucial for securities trading, ensures that payment and asset exchange takes place at the same time. Traditionally, DVP processes are slow and expensive. This collaboration did it quickly, securely and automated -…

Bitfarms Ltd posted a huge Q1 2025 net loss of $36 million, down from $6 million in Q1 2024. Although the company reported a 33% y-o-y revenue growth to $67 million, profitability was affected by lower rewards in Bitcoin and higher costs. The gross mining margin declined from 63% to 43%, reflecting declining efficiency in mining. Operating losses similarly rose from $24 million to $32 million. Adjusted EBITDA declined to $16 million from $23 million. Rising general expenses, including $2 million in acquisition expenses, similarly helped contribute to the financial strain. Bitfarms Ltd Targets High-Performance Computing Bitfarms Ltd made a…

Democratic lawmakers are stepping up investigation of Trump Crypto SARs related to World Liberty Financial (WLF) and Trump-branded tokens. The investigation focuses on potential financial malfeasance, foreign involvement, and ethics violations in these ventures. On May 14, 2025, House Democrats demanded that all Suspicious Activity Reports (SARs) filed since 2023 concerning WLF, Official Trump token (TRUMP), and related entities. SARs are mandatory filings with the Treasury’s Financial Crimes Enforcement Network and highlight suspicious financial transactions such as fraud or money laundering. The probe aims to uncover potential campaign finance fraud, securities manipulation, and foreign influence peddling. WLF’s sale of tokens…

Coinbase Data Breach has rocked one of the world’s leading crypto exchanges, exposing sensitive information of over 213,000 customers. The breach was through a third-party vendor—ZeroFox, a security firm that was monitoring threats on Coinbase’s behalf. The hackers got away with customer names and emails, and in some cases, phone numbers. No passwords or funds were accessed, but the exposed data still proves useful for phishing. The compromise was the result of a Snowflake vulnerability, a cloud storage system that was used by ZeroFox. The weakness allowed unauthorised actors to download cached Coinbase alerts in November 2022 to February 2023.…

Ukraine Bitcoin Reserve Bill speeds up when legislators go closer to recognising Bitcoin as a national asset. MP Yaroslav Zhelezniak revealed during Kyiv’s Crypto 2025 conference that the legislation, which comes from leaders of the crypto industry, will soon be submitted for approval. The timing of this initiative is not random. Ukraine still navigates the economic aftershocks in the ongoing war with Russia. Traditional economic routes have shown vulnerability during conflict. By assessing Bitcoin, Ukraine hopes to reduce the dependence on centralised systems, gain monetary autonomy and safeguard the reserves from external pressure. Bitcoin provides clear benefits. The decentralised structure…

Brazil Crypto adoption went one step further. On May 15, 2025, Méliuz was the first Brazilian listed company to embrace Bitcoin in its treasury policy. After approval by the shareholders, the fintech company bought 274.52 BTC, equivalent to approximately $28.4 million. This step makes Méliuz a pioneering figure among Latin America’s corporate crypto adoption. Chairman Israel Salmen referred to it as a “historic day,” with the company’s overall Bitcoin holdings reaching 320.2 BTC. These reserves are now worth over $33 million. The average purchase price was $103,604 per Bitcoin. Interestingly, this comes after an earlier bitcoin buy of 45.73 BTC…