Hi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
Exclusive and in-depth articles
Published Articles 5,822
U.S. Senator Cynthia Lummis said the cryptocurrency market structure bill known as the Clarity Act was the product of bipartisan cooperation, as debate in Congress over crypto regulation enters its final stages. Lummis made the remarks at a Senate Ba
Tornado Cash, a cryptocurrency mixing protocol, has reemerged as a point of contention in the U.S. Senate Banking Committee’s debate over the CLARITY bill, underscoring the continuing fight over anti-money laundering rules. Eleanor Terrett, host of C
President Donald Trump said Chinese President Xi Jinping wants the Strait of Hormuz kept open, drawing attention to diplomatic dynamics involving the US, China and Iran. Walter Bloomberg reported on May 14 that Trump said, "President Xi wants the Str
Bitcoin briefly rose back above the $81,000 mark. As of 12:02 a.m. on May 15, the token was trading at $81,116.87 on Binance's USDT market, up 1.63% from 24 hours earlier.
The US Senate has given final approval to Kevin Warsh’s nomination as chair of the Federal Reserve, formally confirming a leadership change at the central bank. Walter Bloomberg reported on May 13 that the Senate approved Warsh’s nomination in a vote
US Vice President JD Vance said the administration is focused on a diplomatic solution to tensions with Iran, signaling possible momentum in talks between Washington and Tehran. Vance said on May 13 that the US is "focused on the diplomatic path for
The three major U.S. stock indexes closed mixed on May 14. The Nasdaq Composite rose 1.20% from the previous session to 26,402.34. The Dow Jones Industrial Average fell 0.14% to 49,693.20, while the S&P 500 gained 0.58% to finish at 7,444.05.
Consensys, the developer of MetaMask, has delayed its planned US initial public offering, signaling continued weakness in the market for crypto-company listings. CoinDesk reported on May 13 that Consensys pushed back its IPO timetable to at least thi
Hyperliquid, a global decentralized exchange, is rapidly expanding its share of the blockchain fee market as demand for perpetual futures trading concentrates on the platform. Crypto news outlet The Block reported on May 13 that Hyperliquid accounted
Some Chinese companies discussed selling weapons to Iran through third countries to conceal the arms' origin, an allegation that could add a new flashpoint to US-China tensions. Walter Bloomberg reported on May 13 that US authorities had detected sig
Societe Generale, one of France’s largest banks, has deployed its stablecoins on the Canton Network, an institutional blockchain network, in the latest sign of traditional finance’s push to expand digital-asset infrastructure. Cointelegraph reported
The UK government signaled support for the growth potential of the digital-asset industry, raising expectations for broader changes in financial-market structure. Lucy Rigby, the UK Treasury’s economic secretary, told the FT Digital Assets Summit on
Japanese Bitcoin investment firm Metaplanet has delayed plans to list its preferred shares, citing regulatory and market infrastructure issues in Japan. CoinDesk reported on May 13 that Metaplanet would postpone the planned listings of its “Mars” and
The U.S. House is weighing legislation that would eliminate the Federal Reserve’s dual mandate and leave price stability as its sole objective, a move that could reshape the central bank’s policy framework. Nick Timiraos of The Wall Street Journal re
Veteran trader Peter Brandt has sounded a cautious note on Bitcoin’s recent rebound, arguing the move could prove to be a technical bounce before another leg lower. U.Today reported on May 13 that Brandt views Bitcoin’s recent gains as a typical rebo
Bitcoin briefly fell below the $79,000 level. As of 2:03 a.m. on May 14, Bitcoin was trading at $78,953.37 on Binance's Tether market, down 1.84% from a day earlier.
BitMEX co-founder Arthur Hayes has urged investors to buy Bitcoin on pullbacks, arguing that the recent decline is a temporary correction. Crypto Briefing reported on May 13 that Hayes sees a drop toward $80,000 as a potential buying opportunity. He
Susan Collins, president of the Federal Reserve Bank of Boston, said additional interest-rate increases may still be needed, signaling the Federal Reserve could keep its tightening stance in place. Walter Bloomberg reported on May 13 that Collins sai
Animoca Brands and Nuva Labs have launched a platform that links real-world asset, or RWA, tokens with decentralized finance, extending the push to bring tokenized traditional assets into crypto markets. CoinDesk reported on May 12 that NUVA, an Ethe
The U.S. Senate has formally confirmed Kevin Warsh to the Federal Reserve Board, bringing a potential change in the central bank’s leadership closer to reality. The Senate approved Warsh’s appointment as a Fed governor on May 12 in a 51-45 vote, acco
The three major US stock indexes closed mixed on May 13. The Nasdaq Composite fell 0.71% from the previous session to 26,088.20. The Dow Jones Industrial Average rose 0.11% to 49,760.56, while the S&P 500 slipped 0.15% to 7,401.39.
Binance has recorded heavy Ether withdrawals so far in May, fueling speculation that some investors are shifting into long-term holdings. Crypto analyst Arab Chain wrote in a CryptoQuant post on May 12 that Binance has seen net outflows of more than
Bitcoin dominance is rebounding, reinforcing the view that the crypto market remains in a correction and consolidation phase rather than entering a full-fledged altseason. Crypto media outlet The Block reported on May 11 that Bitcoin dominance had re
President Donald Trump said the Russia-Ukraine war will end very soon, fueling expectations that geopolitical risks may ease. Walter Bloomberg reported on May 12 that Trump said, “The Russia-Ukraine war will end very soon.” The remarks came as the po
President Donald Trump renewed a hard-line warning to Iran, signaling rising military and diplomatic pressure. Walter Bloomberg reported on May 12 that Trump said, “Iran will either make the right choice, or we will finish the job.” The remarks came
A US federal appeals court heard arguments in the Bitcoin Fog appeal, sharpening focus on whether US jurisdiction extends to offshore cryptocurrency services. Crypto news outlet The Block reported on May 12 that the court held an appellate hearing fo
Bitcoin briefly fell below the $80,000 mark. As of 2:58 a.m. on May 13, Bitcoin was trading at $79,963.22 on Binance's Tether (USDT) market, down 2.15% from a day earlier.
The U.S. Energy Information Administration said the global oil market should return to normal by 2027 despite geopolitical risks in the Middle East, though concerns over supply disruptions persist. Walter Bloomberg reported on May 12 that the EIA exp
Walter Bloomberg reported on May 12 that the US Senate approved Kevin Warsh, a candidate for Federal Reserve chair, for a seat on the Federal Reserve Board.
The US Commodity Futures Trading Commission is consulting with major professional sports leagues as it steps up oversight of sports-based prediction markets, in the latest sign of a broader regulatory push. CoinDesk reported on May 12 that CFTC Commi