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Bitcoin Traders Brace for ‘Sell in May and Go Away’ as Seasonality Favours Bears

A bitcoin (BTC) breakout earlier this week has traders eyeing the $100,000 level in the coming days, a euphoric trade that could be short-lived as May’s seasonality approaches. “Historically, the next couple of months have been weak for financial …

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Kraken’s Quarterly Revenue Jumps 19% to $472M in Q1, Trading Volume Rises by 29%

Crypto exchange Kraken reported $472 million in revenue for the first quarter of 2025, up 19% from a year earlier despite a softening crypto market. The exchange’s adjusted EBITDA (profit before deductions) reached $187 million, a 17% rise year-over …

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Google Adds Zero-Knowledge Proofs to Wallet for Age Verification

Google is rolling out a privacy-focused upgrade to its Wallet service that uses zero-knowledge proof (ZKP) technology for age verification, per a release. The company said that the dating app Bumble, among others, will be one of the first partners to …

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UK’s FCA Seeks Public and Industry Views on Crypto Regulation

The U.K.’s Financial Conduct Authority (FCA) is seeking views on intermediaries, staking, lending, borrowing, and decentralised finance (DeFi), in a discussion paper released on Friday. The discussion paper follows draft legislation by the Treasury …

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Metaplanet Issues $25M Bonds to Buy More Bitcoin

Tokyo-based Metaplanet (3350) has issued 3.6 billion yen (around $24.8 million) in bonds to fund additional purchases of bitcoin (BTC) after the Japanese hotel firm’s holdings surpassed 5,000 BTC. According to a notice from the company, the newly …

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Dogecoin, XRP ETF Hopes Are Fuelling Bullish Sentiment, Social Data Shows

Optimism for dogecoin (DOGE) and XRP based exchange-traded funds (ETFs) is rising sharply with crowd sentiment shifting in favor of both tokens, social veri from Santiment in a Thursday update shows. Monitoring social commentary can be used alongside …

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Bitcoin Jumps Above $97K as Traders Optimistic U.S.-China Trade Deal Possible

Bitcoin (BTC) is trading above $97,000 during the Asian morning hours as the market breathes a sigh of relief that the U.S. and China are said to be working on a trade deal, even if the market is also skeptical that a deal will be reached this month …

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Movement Labs Suspends Rushi Manche Amid Coinbase Delisting, Token-Dumping Scandal

Movement Labs announced today on X that it had suspended co-founder Rushi Manche. The move to suspend Manche comes as Coinbase delisted the MOVE token, after CoinDesk reported that Movement Labs is investigating how a market maker tied to Web3Port …

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U.S. Senate Moves Toward Action on Stablecoin Bill

The U.S. Senate may soon vote on legislation that would establish U.S. regulations for the issuers of stablecoins, also marking the first time the chamber has considered a major crypto bill. Senate Majority Leader John Thune, a South Dakota …

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U.S. Government Begins to Sever Cambodia’s Huione Group from Financial System

The U.S. Treasury Department proposed cutting off the Cambodia-based Huione Group from the U.S. financial system, citing the cyber-crime help the illicit marketplace gives to North Korean hackers and other criminal groups. The Telegram-based …

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