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Binance co-founder Changpeng “CZ” Zhao expects Bitcoin’s price to top at $500,000 to $1 million during this market cycle. During an interview with Rug Radio published on May 5, Zhao said that he expects Bitcoin to reach up to one million dollars during this market cycle. He also highlighted the role of Bitcoin spot exchange-traded […]

Key points: Bitcoin is struggling again as gold retakes the limelight with week-to-date gains of nearly 5%. Bitcoin’s correlation with gold is under scrutiny amid ongoing macroeconomic shifts. Traders see a short-term slump amid a wider BTC price rebound. Bitcoin (BTC) eyed fresh month-to-date lows into the May 6 Wall Street open as “directionless” crypto […]

Democratic lawmakers in Washington are backing off support for crypto legislation amid heightened concerns over corruption, including the conduct of the Trump family’s World Liberty Financial (WLFI). In March, the GENIUS Act, which would regulate stablecoins in the US, passed a critical committee reading with the support of several pro-crypto Democrats. Democratic Senators Ruben Gallego, […]

Key takeaways: Bitcoin’s Coinbase premium index turned negative for the first time in 15 days, indicating defensive short-term sentiment among US investors. Bitcoin CME futures gaps between support at $92,000-$92,500 and resistance at $96,400-$97,400 suggest a period of range-bound trading. Bitcoin’s Coinbase premium index, which measures the gap between BTC price at Coinbase Pro and […]

While blockchain infrastructure may be ready for institutional use, many legal teams at big firms remain cautious about fully integrating the technology.  At the Token2049 event in Dubai, DoubleZero Labs founder and former Solana head of strategy Austin Federa told Cointelegraph that today’s high-performance blockchains like Solana are technically capable of supporting large-scale institutional usage. […]

Key takeaways: Berkshire holds $347B in cash, enough to buy ~18% of Bitcoin’s supply. Greg Abel has not signaled a shift from Warren Buffett’s anti-Bitcoin stance. Berkshire already has indirect crypto exposure via Nu Holdings, Jefferies. Warren Buffett announced at Berkshire Hathaway’s annual shareholder meeting on May 3 that he will step down as CEO […]

Petr Kozyakov, CEO of crypto payments platform Mercuryo, told Cointelegraph that the future of finance may not be a winner-takes-all scenario but a blend of digital assets and fiat, each used where it makes the most sense.  In a Cointelegraph interview, Kozyakov said that while crypto payments are seeing an increase in adoption and demand, […]