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Binance Chief Marketing Officer Rachel Conlan is leaving the company, marking a change in the crypto exchange’s marketing organization. CoinDesk reported on May 12 that Conlan plans to leave Binance in June. She has led Binance’s brand strategy and g
Bitcoin’s current market cycle is unfolding differently from past bear markets, with institutional and corporate buying helping support prices. Pierre Rochard of Bitcoin Bond Company told Cointelegraph on May 12 that Bitcoin fell 77% to 85% during th
Osero, a stablecoin yield infrastructure project, has raised fresh capital, extending a broader push to expand the stablecoin ecosystem. Crypto-focused media outlet The Block reported on May 12 that Osero closed a $13.5 million funding round. The rou
The three major U.S. stock indexes closed higher. The Nasdaq Composite rose 0.10% from the previous session to 26,274.13. The Dow Jones Industrial Average gained 0.19% to 49,704.34, while the S&P 500 added 0.18% to 7,412.49.
U.S. public opinion on the war with Iran is worsening, with rising oil prices adding to pressure on households. Walter Bloomberg reported on May 11 that 66% of Americans said President Donald Trump has not clearly explained the goals of the war with
Bank of America has pushed back its forecast for the Federal Reserve’s first interest-rate cut, citing persistent inflation pressures. Walter Bloomberg reported on May 11 that BofA now expects the Fed to begin cutting rates in mid-2027, compared with
Cryptocurrency analyst Michaël van de Poppe expressed skepticism about bearish calls on Bitcoin, arguing that current market conditions differ from past cycles. In a post on X on May 11, van de Poppe said the most overextended narrative in the market
Michael Burry, the investor known as one of the real-life figures behind “The Big Short,” warned that technology stocks may be in a bubble as concerns grow over an AI-driven market frenzy. Walter Bloomberg reported on May 11 that Burry sees the curre
Bitcoin briefly rose back above the $82,000 mark. The cryptocurrency traded at $82,026.63 as of 3:47 a.m. on May 12 on Binance's Tether market, up 0.83% from a day earlier.
Goldman Sachs said the global economic fallout from the Strait of Hormuz closure was more limited than expected, while also signaling a stable outlook for energy markets. Walter Bloomberg reported on May 11 that Goldman Sachs Chief Economist Jan Hatz
The altcoin market is building momentum for a potential upswing, with signs of capital rotation emerging, according to CryptoQuant. On May 11, CryptoQuant said altcoins were accumulating upward momentum based on trading-volume indicators for major cr
Anchorage Digital said it plans to step back from a leading role in running the USDG stablecoin project, signaling a broader push to strengthen its neutral stance across stablecoins. CoinDesk reported on May 11 that Anchorage Digital Chief Executive
Iran denied reports that it had agreed to send enriched uranium abroad, highlighting continued differences over a key issue in the nuclear talks. A source close to Iran's negotiating team told Walter Bloomberg on May 11 that Western media reports wer
Bitcoin has continued to climb without a recent increase in newly issued Tether, in a sign that market structure may be shifting. On May 11, on-chain analyst Maartunn wrote on X, formerly known as Twitter, that Bitcoin had extended its gains over the
President Donald Trump said Iran’s proposal in ongoing talks is “unacceptable,” underscoring continued tensions between واشنطن and Tehran. Walter Bloomberg reported on May 11 that Trump rejected the Iranian proposal as unacceptable. The comments came
ING said gold could climb to $5,000 an ounce by the end of the year as geopolitical risks and macroeconomic uncertainty continue to support prices. Walter Bloomberg reported on May 11 that ING analysts expect gold to keep rising through year-end desp
Progress in negotiations between the US and Iran may be delayed until after a summit between US President Donald Trump and Chinese President Xi Jinping, with China’s role in the process drawing increased attention. Walter Bloomberg reported on May 11
The Bank of England has raised concerns about risks tied to dollar-based stablecoins, highlighting the need for regulatory coordination with the US. Reuters reported on May 11 that Bank of England Governor Andrew Bailey told a conference that stablec
U.S. President Donald Trump said he will keep up pressure on Iran until a deal is reached, underscoring Washington's twin-track approach of negotiations and sanctions. On May 11, Trump said "pressure on Iran will continue until a deal is reached," Wa
President Donald Trump renewed his hard-line message to Iran, signaling increased pressure on Tehran. Walter Bloomberg reported on May 10 that Trump said Iran "has spent 47 years stalling, attacking and manipulating the United States and the rest of
Iran warned it would respond immediately and decisively if British and French warships enter the Strait of Hormuz, raising tensions on a key Middle East shipping route. Walter Bloomberg reported on May 10 that Iran’s deputy foreign minister wrote on
Negotiations between the US and Iran remain deadlocked, though tensions around the Strait of Hormuz have eased somewhat. Walter Bloomberg reported on May 9 that the US is awaiting Iran’s formal response to a proposal to end the war and begin peace ta
Russian President Vladimir Putin said the conflict involving Iran should end as soon as possible and that the war in Ukraine is nearing an end, remarks that added to hopes for easing geopolitical tensions. Walter Bloomberg reported on May 9 that Puti
The three major U.S. stock indexes closed higher on May 9. The Nasdaq Composite rose 1.17% from the previous session to 26,247.08. The Dow Jones Industrial Average edged up 0.02% to 49,609.04, while the S&P 500 advanced 0.84% to 7,398.87.
Physical crimes targeting cryptocurrency holders are increasing, fueling concern over the spread of so-called wrench attacks. The Block reported on May 8 that Web3 security firm CertiK had identified 34 wrench attacks worldwide so far this year. That
Digital Bitcoin miner GoMining has launched a Bitcoin payment protocol, in the latest move to expand the token’s real-world use. Crypto-focused media outlet Daily Hodl reported on May 8 that GoMining launched its Bitcoin payment protocol, GoBTC Pay.
The U.S. Securities and Exchange Commission is reviewing whether to overhaul rules for on-chain financial markets and software applications, The Block reported, in a move that could reshape the regulatory framework for digital assets. SEC Chair Paul
The three major U.S. stock indexes were trading higher. The Nasdaq Composite rose 1.57% from the previous session to 26,211.33 as of 2:31 a.m. on May 9. The Dow Jones Industrial Average gained 0.05% to 49,622.69, while the S&P 500 advanced 0.85% to 7
Iran said a US attack near the Strait of Hormuz violated a ceasefire agreement, signaling renewed tensions between Washington and Tehran. Iran’s Foreign Ministry said on May 8 that US forces attacked two Iranian oil tankers and coastal areas near Ban
Oil prices rose as uncertainty over whether a ceasefire between the US and Iran will hold kept Middle East supply risks in focus. Walter Bloomberg reported on May 8 that Brent crude futures climbed $2 a barrel as doubts persisted over the durability