The recent agreement between the SEC and Binance marks a pivotal moment in the evolving landscape of cryptocurrency regulation, highlighting key developments in compliance and enforcement. This joint stipulation effectively
Arthur Hayes, founder of BitMEX, anticipates significant upside for Ethereum, predicting a price surge that could see it reach $5,000 by year-end. Despite facing stiff competition from other layer-1 coins,
BitMEX founder Arthur Hayes sees plenty of upside for Ethereum this year following a recent price surge—here's why.
Business-to-business transactions and card-linked stablecoin payments have grown, while Tether’s USDt has established dominance.
Binance and the SEC have taken a significant step towards resolving their legal disputes, reflecting a potential shift in regulatory attitudes towards cryptocurrencies. The SEC’s recent approach suggests a willingness
Paolo Ardoino, CEO of Tether, told a packed audience at Bitcoin 2025 in Las Vegas Thursday that the company now holds more than 100,000 BTC and over 50 tons of gold, confirming its spot as one of the largest holders of both assets in the crypto industry. Per Cryptopolitan’s calculations, the bitcoin stash is worth over $10 billion at current prices, and the gold bars make up another huge slice of reserves. On the same presentation slide, Paolo showed that Tether earned a $13 billion profit in 2024, making it the most profitable name in crypto by a long shot. Paolo explains Tether’s gold decision at the Bitcoin event The crowd at Bitcoin 2025 wasn’t full of gold lovers, but Paolo didn’t dodge that. He responded directly to the tension. “Many bitcoiners don’t like talking about gold as if gold would take away something from Bitcoin. There is no way. Bitcoin is perfect. Gold is imperfect,” Paolo said . He added, “Gold is not competing with bitcoin; gold is competing with fiat and that’s why we like a little bit of gold.” “We invested 2 billion in energy production and bitcoin mining actually is a bit more than that. Something that we have been very shy to say, but I think that it’s very realistic that by the end of the year, Tether will be the biggest Bitcoin miner in the world, even including all the public companies.” Tether’s most recent financial disclosure for Q1 2025 laid out its current reserves. The report confirmed that Tether is holding over $7 billion in bitcoin and more than $6 billion in standard physical gold bars. That bitcoin valuation was based on a BTC price of around $83,000 at the time of the report. And that’s not the only tie-in. Earlier Thursday, Tether backer Cantor Fitzgerald Asset Management announced a new product: a fund that will offer direct exposure to bitcoin with “1-to-1 downside protection based on the price of gold.” While all that was happening, Tether-backed company Twenty One Capital was updating its financial filing. The company raised another $100 million by selling convertible notes, bringing its total raise to $685 million. Twenty One is led by Jack Mallers, founder of Strike, and is forming through a SPAC merger with Cantor Equity Partners, which is already listed on Nasdaq. Before this new round, Twenty One had already locked down $585 million, with $385 million from earlier convertible notes and $200 million through a PIPE deal. This latest funding will go straight into buying more bitcoin. The company already spent $458 million on BTC earlier this month, and another $3.6 billion came in as part of the merger. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
The SEC and Binance have signed a joint stipulation to end the two-year legal battle, court documents show.
Crypto expert Crypto Beast has made a shocking revelation, stating that he has sold off his Bitcoin holdings just as the flagship crypto recently hit a new all-time high (ATH) . The expert further gave reasons why he made this move, indicating he was looking to pivot to altcoins. Expert Gives Reasons Why He Sold Off Bitcoin Holdings In an X post , Crypto Beast stated he has sold all his Bitcoins. He opined that BTC’s dominance has peaked and will drop massively in the coming months, suggesting that the top might be in for the flagship crypto following its latest rally to a new ATH. The expert added that the BTC price cannot record another 100% move from here, while most altcoins he holds will still witness a 5x to 20x surge. He also revealed that he plans to sell his altcoins at their peak and buy back Bitcoin during the bear market. In an X post , crypto analyst Rekt Capital also commented on BTC’s dominance. He noted that May is coming to a close and that the dominance is firmly positioned for a successful retest of 64% as support. The analyst added that any short-term dips in the Bitcoin dominance would still enable altcoin moves. However, he warned that the BTC DOM still looks positioned for more upside towards the 71% area over time. In an earlier X post , he stated that Bitcoin has just begun its “Price Discovery Uptrend 2” and that it still has many weeks of upside ahead. Rekt Capital noted that there will be normal dips and pullbacks for Bitcoin during this uptrend, but the general macro upside lies ahead. Veteran trader Peter Brandt also raised the possibility of the BTC price rallying to as high as $150,000 by August, indicating that the flagship crypto has more room to rally to the upside. Altcoin Season Is On The Horizon Crypto analyst Mikybull Crypto has made a case for altcoins, predicting that they would soon enjoy massive gains while Bitcoin’s dominance declines. In an X post , the analyst stated that altseason is brewing and that it is becoming clear on the chart. In another X post , he remarked that the Bitcoin dominance is looking to plunge and that it is time for altcoins to show. Ethereum is known to usually lead this altcoin season , and Mikybull Crypto is confident that a parabolic rally is loading for the ETH price. In an X post , the crypto analyst stated that ETH is breaking out and that $3,200 is the next target for the altcoin. At the time of writing, the Bitcoin price is trading at around $107,938, down in the last 24 hours, according to data from CoinMarketCap.
The Securities and Exchange Commission (SEC) has initiated a significant turn in its legal battles by seeking to dismiss its lawsuit against Binance and its CEO, Changpeng Zhao. This unexpected
The SEC is pulling out of yet another crypto case, filing to dismiss its ongoing litigation against Binance and founder Changpeng Zhao.