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Moody's credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as the primary driver behind the reduction in creditworthiness.According to the May 16 announcement from the rating agency, US lawmakers have failed to stem annu…
A man from Wellington, the capital city of New Zealand, has been arrested in connection with an FBI-led investigation into a global cryptocurrency fraud operation that allegedly stole $450 million New Zealand dollars ($265 million).According to New Zealand Police, the man is one of 13 individuals ch…
Key takeaways:Bitfinex margin longs fell 18%, despite Bitcoin price rising 24% in 30 days.$6.8 billion in long positions far outweight the current $25 million in shorts.Bitcoin options positioning and spot BTC inflows point to confidence from institutional investors.Bitcoin price climbed 23.7% over…
Mainland China, one of the world’s most restrictive countries toward cryptocurrency, may be inching closer to adoption as a locally operating brand announced a Bitcoin reserve strategy.DDC Enterprise, also known as DayDayCook, a US consumer brand with Hong Kong roots and operations in mainland China…
What is AI vibe coding? AI vibe coding is a novel approach to software development that generates advanced, executable code based on well-crafted natural language user prompts. Yet another innovation fueled by artificial intelligence capabilities, AI vibe coding is proving to be a game-changer, es…
Key takeaways:Warren Buffett’s Berkshire Hathaway earned $250 million from its complete exit from crypto-friendly Nubank.The decision to divest didn’t appear to be performance-based; Nu Holdings posted record profits in 2024 and Q1 2025.Buffett’s exit aligns with Berkshire’s broader financial sector…
Key takeaways:XRP price is forming a bullish V-shaped recovery pattern targeting $3.40.A 53% surge in open interest to $5.06 billion signals bullish sentiment.XRP price shows positive signs as a bullish technical pattern emerges on its weekly chart, coinciding with increasing open interest.Increasi…
Ethereum Merge architect Justin Drake told Cointelegraph that it would be cheaper to launch a 51% attack on Bitcoin than on Ethereum.Drake said it would be “much cheaper to 51% attack Bitcoin” and that it would cost “on the order of $10 billion.”Drake led work on Ethereum’s proof-of-stake (PoS) impl…
Key points: New Bitcoin price targets leverage interplay with gold to deliver $200,000 and higher this year.Bitcoin price cycles remain in focus as part of the BTC price “power curve” model.Eating gold’s market cap could propel to nearly $1 million by the decade’s end.Bitcoin has a “decent chance”…
Jason Guthrie, head of product at asset manager WisdomTree, says he’s optimistic despite a noticeable lack of hype that typically comes along with a crypto bull run. There hasn't been a “really frothy use case that has typically driven these market cycles previously,” such as initial coin offerings …
The Pacific US territory of the Northern Mariana Islands has passed a bill allowing its small constituent island of Tinian to launch a stablecoin, overriding an earlier veto by the territory’s governor.The 20-member Northern Mariana Islands House voted 14-2 to undo Governor Arnold Palacios’ April 11…
Ethereum layer-2 scaling platform Starknet has reached a decentralization milestone laid out by Ethereum co-founder Vitalik Buterin and is now the largest zero-knowledge rollup-based network by total value locked.Starknet said in a press release shared with Cointelegraph that it has hit “Stage 1” de…