Crypto Market Overview: May 8, 2025 Sees a Surge in Momentum The crypto market roared back to life on May 8, 2025, pushing the global market cap to an impressive range between $3.09 trillion and $3.26 trillion. This sharp uptick of over 3% to 6% in just 24 hours reflects growing investor confidence, bolstered by…
A Surprising Alliance Over Crypto Legislation In an unexpected turn of events, bipartisan legislation aimed at regulating stablecoins has gained support from both Democrats and Republicans, despite concerns about potential conflicts of interest. The bills, named “Stable” and “Genius,” are designed to allow cryptocurrencies, specifically stablecoins, to be used in government payments. However, some critics…
In a significant shift for the cryptocurrency landscape, the US Office of the Comptroller of the Currency (OCC) has clarified that national banks can now buy and sell crypto assets on behalf of their customers. This move marks a critical step toward integrating traditional banking with digital currencies, reflecting growing acceptance of crypto services in…
May is to be a high-powered political fundraiser. The first event is set as a political fundraiser on Monday, May 5. This gathering is one of the most expensive political fundraisers in recent history, with a staggering price of $1.5 million per attendee. MAGA Inc., a super PAC backing Trump, is said to host it.…
Figment Sets Sights on Major Crypto Acquisitions A Toronto-based blockchain staking services behemoth, Figment is preparing for a major forward leap. The company is looking for acquisitions in the ecosystems around Cosmos and Solana, estimating their value between 100 million and USD 200 million. Lorien Gabel, Figment’s CEO, disclosed to Bloomberg that some deals are…
According to reports, U.S. President Donald Trump’s return to power has begun shifting global geopolitics for a second time. However, his impact is said to be not always manifesting in ways that benefit his ideological supporters. As noted by the New York Times, during the last populational and regional elections in Canada, Australia, Germany, Singapore,…
WASHINGTON— Within President Donald Trump’s second term, within the first 100 days, his administration has seemingly taken actions that have sparked fears that decades of civil rights legislation are being dismantled. Reportedly, Trump’s administration, as Fatima Goss Graves, president of the National Women’s Law Center, put it, “The pace of unraveling…civil rights protections has been…
Deribit, which is the largest crypto options exchange in the world, is mulling over making a move into the US market considering Trump’s newly found affection for the digital assets. With the rest of the world moving towards 1.3 trillion in trading volume for Deribit’s last year’s trading volume, this would give a whole new…
Deribit, the world’s top cryptocurrency options exchange, is preparing to enter the U.S. market. The move comes as former President Donald Trump’s return to office brings sweeping changes to crypto regulations, creating a more welcoming environment for blockchain businesses. Last year, Deribit managed $1.3 trillion in trading volume while operating from Dubai. With U.S. policies…
Deribit Considers U.S. Expansion Deribit, the world’s leading crypto options exchange, is actively exploring the possibility of expanding into the U.S. market. This decision follows a shift towards a more favorable regulatory environment for cryptocurrencies under President Donald Trump’s administration. CEO Luuk Strijers emphasized that the company is reassessing its opportunities in the U.S. due…
