That even a crypto CEO would say that his industry is headed for a potential crash speaks to the frothiness in the crypto markets over the past year. Since January, Bitcoin has repeatedly notched all-time highs and the total market capitalization of all cryptocurrencies has crossed the $4 trillion for the first time. That's not to mention blockbuster IPOs from the stablecoin issuer Circle and the crypto exchange Bullish.
The companies announced Tuesday they are teaming up to launch a sports prediction market in 16 states. Fans will be able to buy and sell outcomes of sporting events, similar to how prediction markets are used to "bet" on elections, Bitcoin prices, or pop culture events. Odds shift with market movements rather than a bookmaker's call.
Daniel Schatt, 55, of San Mateo, and Joseph Podulka, 53, of Palo Alto, each pleaded guilty on May 13 to one count of wire fraud conspiracy in connection with their roles in defrauding customers of Cred, a San Francisco-based firm that provided financial services to holders of cryptocurrency and other assets. Schatt, who co-founded Cred, served as the CEO and Podulka served as the company's CFO.
Since the beginning of his second administration, Donald Trump has been pursuing opportunities to make a quick buck in cryptocurrency at nearly every chance he can get. He and his team have already taken care of the obvious stuff, like meme coins and stablecoins and Trump-branded exchange-traded funds, which have earned him billions. So to keep the good times rolling, the Trump crypto brain trust needed to get more creative.
On Tuesday, Crypto.com and Trump Media & Technology Group, owner of President Donald Trump's Truth Social social media network, announced their intention "to launch a rewards system on the Truth Social and Truth+ platforms"-using Crypto.com's digital wallet and Cronos (CRO) digital currency as a utility token. The move marks yet another example of the president's ties to the crypto industry, as Trump has created a crypto-friendly regulatory environment during his second term.
As the President of the United States, I will stand up to Countries that attack our incredible American Tech Companies, wrote Trump in a Truth Social post. Digital Taxes, Digital Services Legislation, and Digital Markets Regulations are all designed to harm, or discriminate against, American Technology. They also, outrageously, give a complete pass to China's largest Tech Companies. This must end, and end NOW!
Crypto might seem like a perfect opportunity for Gen X investors. This generation has the kind of tech savvy that comes from learning to use new digital tools as they're invented, making them much more likely to understand and appropriately invest in cryptocurrency. The timing also feels ideal, since Gen X retirements are on the horizon, and crypto enthusiasts promise this investment can provide quick financial boosts.
Donald Trump is the most tech-friendly President in American history. He enlisted social media to win office; he became a promoter-and beneficiary-of cryptocurrency, breaking long-standing norms around conflicts of interest; and, in his second term, he brought Elon Musk, the world's wealthiest tech baron, to the White House, to disrupt the federal government in the manner of a Silicon Valley startup.
I'm very proud of where Midnight is at. It's remarkable to see that the Glacier Drop is off to a good start, with strong participation across the cryptocurrency space as a whole.
The Altcoin Season Index (ASI) is a scorecard that evaluates how many altcoins have outperformed Bitcoin over the last 90 days. A score above 75% indicates potential altcoin season, while below 25% suggests Bitcoin remains dominant.
Google is requiring developers of cryptocurrency exchanges and wallets to obtain government licenses before publishing apps in 15 jurisdictions to ensure user safety and compliance.
The collaboration integrates LunarCrush's 24/7 tracking of 30-50 million social media posts per hour, along with live market data, directly into OpenServ's generative UI platform for Telegram mini apps and agent workflows.
GitLab is a comprehensive DevSecOps platform that integrates security practices into every phase of the software development lifecycle, providing a single application for various needs.
