KULR Technology Group has made headlines by purchasing an additional $9 million in Bitcoin, emphasizing a growing trend among corporations to build digital asset treasuries. This acquisition increases KULR’s total
The German government offloaded its Bitcoin holdings in 2024, which became a costly mistake. The price of the benchmark crypto has now soared past the $106,000 mark, costing Europe’s largest economy an estimated $2.3 billion in missed profits. Germany Missed Out On $2.35 Billion The German gov’t sold 49,858 Bitcoins during the summer of 2024 as part of the plan to offload Bitcoin seized from the now-defunct film piracy website Movie2k. The average price of the sale was $57,900 per coin. According to data provided by Arkham Intelligence, Germany could have amassed far greater profits by holding onto its BTC stash a tad longer. Bitcoin’s price rebounded above the psychologically important $60,000 level on July 14, a day after the German government ran out of BTC, dispelling investor fears about additional selling pressure. The price of Bitcoin jumped over 80% since the sale, trading hands at $106,306 as of press time. Arkham noted that the decision to sell the BTC early cost the German government a potential $2.35 billion in missed profit. “If they had held it, their BTC would now be worth $5.24B. Opportunity cost: $2.35 Billion,” the blockchain intelligence firm wrote on X. US Government Misses Out On $20 Billion The German government isn’t the only one that has missed out on potential gains by selling Bitcoin too early. According to data from Case CSO Jameson Lopp’s U.S. government sales tracker, the United States government has offloaded different amounts of Bitcoin in 11 auctions over the last decade. The tracker reveals that the U.S. government has sold 195,091.75 BTC over the years, raking in a total of $366.5 million. But at current market prices, that hoard would have been worth over $20 billion — resulting in an opportunity cost of around $20.3 billion. However, President Trump adopted a different approach after taking office in January. In March, he signed an Executive Order authorizing the creation of a Strategic Bitcoin Reserve with BTC owned by the federal government that was forfeited as part of criminal forfeiture proceedings. Moreover, the recently reintroduced Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2025 by Wyoming Republican Senator Cynthia Lummis would allow the US to potentially hold more than 1 million Bitcoin in its reserves if signed into law.
Energy storage company KULR Technology Group has bought an additional $9 million Bitcoin for its corporate treasury, the company announced Tuesday.
The U.S. Securities and Exchange Commission (SEC) has postponed its final decision on the spot XRP exchange-traded fund (ETF) proposed by 21Shares. It has been reported that the process regarding the rule change application for the “21Shares Core XRP Trust”, which is planned to be listed on the Cboe BZX Exchange, has been extended. In the official document published by the SEC on May 20, 2025, it was stated that the evaluation process of the proposal for the fund named “21Shares Core XRP Trust” to be listed and traded as a “commodity-based investment fund share” under BZX Rule 14.11(e)(4) is ongoing. The first application was made on February 6, and the proposal was resubmitted with changes on February 12. Related News: Analysis Company Releases Predictions for the Fate of 41 Altcoins: Here's the List Bloomberg ETF analyst James Seyffart, who made an assessment on the subject, said that delays were expected and said: “Delays are to be expected for spot crypto ETFs. There are several more XRP ETP applications coming up in the coming days. Even if we were to see early approval from the SEC, it would be late June or early July at the earliest. The more likely time frame is Q4.” *This is not investment advice. Continue Reading: SEC Delays XRP Spot ETF Decision Again – Bloomberg Analyst Reveals Dates He Expects Approval to Come
Bitcoin’s environmental and macro-economic implications have vaulted the cryptocurrency from a niche policy matter into the thick of Chile’s presidential race, with advisers to every major contender treating the asset—and the mining industry that underpins it—as a potential vote-winner rather than a liability. Bitcoin Emerges As A 2025 Election Issue In Chile New Zealand-based ClimateTech venture capitalist Daniel Batten told his followers on X that “Bitcoin is shaping as an election issue for Chile in 2025.” He added that after meetings on both sides of the aisle, no serious candidate now opposes the technology, because “being against Bitcoin is like being against the Internet: political suicide.” Behind Batten’s assessment stands a two-year, largely low-profile lobbying campaign led by Chilean software-engineer-turned-policy-advocate Andrés Villagrán. Since 2023 Villagrán has shepherded US strategist Dennis Porter , chief executive of the Satoshi Action Fund, through committee rooms in Santiago and regional capitals, pitching Bitcoin mining as an antidote to the country’s worsening renewable-energy curtailment problem. In a post on 18 May he reported “Great progress in Chile this week! Met w/ presidential candidates on Bitcoin & its role in clean energy/efficiency. Pushing for inclusion in programs.” Villagrán’s talking points resonate with legislators drafting a Strategic Bitcoin Reserve (SBR) bill—legislation that would authorise the Central Bank to hold Bitcoin alongside gold and foreign currency. “In 2023 I embarked on an incredible journey… meeting over 20 parliamentarians and several ministers,” he wrote earlier this year , stressing that additional sessions with the Ministry of Finance are planned for the second half of the year. Porter reinforced the message last week in a 40-minute keynote at the Chile Fintech Forum 2025, calling curtailment “a crisis” that wastes six terawatt-hours of solar and wind annually. “When you combine variable renewable generation with a variable load like Bitcoin mining, you can absolutely and completely eliminate curtailment,” he told the audience, arguing that miners’ ability to power down on demand makes them grid-stabilising rather than parasitic. @Dennis_Porter_ en #ChileFintechForum2025 : la minería de Bitcoin puede revolucionar nuestro sistema energético. Envía este video a los políticos y exige que prioricen esto. Llevamos bastante tiempo junto a Dennis informando a Ministerios, Diputados y Senadores de Bitcoin pic.twitter.com/UStgKda93e — Andrés Villagrán (@avillagran) May 15, 2025 The political class has taken notice. According to campaign aides with knowledge of the briefings, both José Antonio Kast of the right-wing Republican Party and Evelyn Matthei of the centre-right Chile Vamos coalition—currently tied at 17% in the latest Cadem survey—now frame Bitcoin as a competitiveness issue rather than a speculative bubble. On the left, the Unity for Chile pact has slated a 29 June primary featuring Carolina Tohá, Gonzalo Winter, Jeannette Jara and Jaime Mulet, none of whom has ruled out Bitcoin-linked energy policy. With opinion polling still volatile six months before the 16 November first round, campaign strategists say the debate could crystallise on 20 June, when the first nationally televised candidates’ forum is expected to devote a segment to energy pricing and digital assets. Villagrán confirms that at least one contender has already pledged on the record to raise Bitcoin mining that night. Whether the SBR bill advances before the election remains uncertain; the Central Bank’s board has warned of “volatility and liquidity concerns” under IMF reserve-management rules, and President Gabriel Boric’s administration has maintained public neutrality. Yet the political cost–benefit has shifted. As Batten put it, Chilean politicians have “learnt from the Democrats’ debacle in the US” and are determined not to be caught on the wrong side of a technology that many voters now equate with innovation, cheap power and macro-hedging. If that calculation holds, November’s ballot could mark the first time in Latin America that a major economy heads to the polls with every viable presidential programme containing a chapter on Bitcoin—an outcome that may matter as much to the global energy debate as to the future of digital money. At press time, BTC traded at $105,385.
Jack Dorsey, co-founder of Twitter, endorsed BIP 177, which proposes a radical rebranding of Bitcoin’s base unit. Dorsey supported the proposal on X and spread the new idea with 1 million views. A software developer, John Carvalho, published BIP 177 titled “Refine Bitcoin’s Base Unit”, arguing that the BTC currency could be simplified by removing leading zeros and the decimal point. Using current prices, A single Bitcoin worth over $100,000 makes the token cumbersome for regular trade. A Bitcoin comprises 100,000,000 Satoshis, or “sats”, named after the founder of Bitcoin, Satoshi Nakamoto. BIP 177 proposes to redefine 1 Bitcoin as the base unit of BTC, instead of the Satoshi or “sat” value, effectively removing the decimal place system and creating a more conventional system that resembles fiat systems. BIP 177 argued that a more readable system would make Bitcoin more comprehensible for new users. The change in base values to Bitcoins would align the currency with the underlying architecture, which is not a decimal-based system. The base value, called Bitcoins or Satoshis, represents the underlying technology and can be experimented with, switching between new and legacy systems without affecting the blockchain. The author of BIP 177 also criticised the “bits” proposal, suggesting that the alternate system is confusing and does not improve a user’s experience. BIP 177 suggests a phase-based transition, with both new and legacy systems being used side by side until the general public gets used to the discrete representation. An education campaign could be created to help people understand the new system. BIP 177 concludes that a discrete system of Bitcoins would better represent the underlying technology, which is discrete rather than fractional, and would enhance the continuity between blockchain technology and currency representations. The proposal would refer to Satoshis as Bitcoins, changing the way traders represent the price of Bitcoin. For example, if BIP were adopted, 0.00001234 BTC would be defined as ₿1,234, which would be described as 1,234 Bitcoin. Carvalho insists that such a change will make Bitcoin easier to comprehend. Carvalho has been accused of creating the system for ‘normies’ who may want a currency to look like fiat. But Carvalho says he wants to enhance continuity between the underlying technology and its representation. Dorsey referenced a December 2024 discussion by Stevie Lee about the confused use of Satoshis, highlighting the need to change the base currency. Lee pointed out that most people didn’t know what a Satoshi was, and may even think it was a different token. Dorsey concluded that Bitcoins should be referred to as Bitcoins, rather than Satoshis, to avoid ambiguity. He reasoned that people don’t want to think about what a Satoshi is, but want to transfer Bitcoins. The change may be difficult initially, but will be easier in the long run. Critics of the proposal, however, suggest that the changes are merely cosmetic and don’t dispel confusion about a currency’s fractional nature. The bit proposal, an alternate to BIP 177, creates a hybrid model that includes fractional elements. For example, 1 Bitcoin equals 1 million bits, and 1 bit equals 100 Satoshis. Using a back-of-the-envelope analysis, the system means that a price of $100,000 per Bitcoin (to simplify matters) would equal $100,000/1,000,000 bits, giving us a value of $0.1 per bit. That would mean $1 equals $1/0.1 bits, or $1 equals 10 bits. Therefore, using a current market price of $103,000 per Bitcoin, $103,000/1,000,000 bits would equal 0.103, which means $1 would roughly equal 9.7 bits (rounded off to one decimal place). The bit system further suggests that “sats” sounds very similar to “cents”, which may confuse traders further. Satoshi Nakamoto suggested that the decimal point could be shifted if the value becomes too big. This seems more similar to the bit method than the BIP 177 proposal, as the former uses a fractional system.
In a pivotal development for the digital asset industry, the U.S. Senate has taken a significant step forward on the path to stablecoin regulation with the procedural advancement of the GENIUS Act—a comprehensive bill aimed at establishing a federal framework for the issuance and oversight of stablecoins. According to Eleanor Terrett , a Fox Business journalist closely following the legislation, the act has cleared a major hurdle, with sixteen Democratic senators crossing party lines to vote in favor of the measure, signaling a growing bipartisan consensus on the importance of regulating the rapidly evolving stablecoin market. This is a big first step towards passage of the GENIUS Act, and sixteen Democrats ended up changing their vote to support the bill. As I mentioned before, the legislation will now move to the debate and amendment process on the Senate floor, which will begin tomorrow night or… https://t.co/Z1OP2s9Tm8 — Eleanor Terrett (@EleanorTerrett) May 20, 2025 The legislative milestone marks the beginning of a critical phase for the GENIUS Act. As Terrett reported via her post on X, the bill will now advance to the debate and amendment process on the Senate floor. This phase is expected to commence as early as Tuesday night or Wednesday, depending on the outcome of a procedural vote on the motion to proceed. The amendment process will be a key opportunity for lawmakers to refine the provisions of the bill, address stakeholder concerns, and potentially align it more closely with evolving views on digital finance regulation. Political Timing and Strategic Considerations While Senate GOP leadership had been aiming for a final passage vote before Memorial Day, which falls on Monday, May 26, the timeline now appears uncertain. Procedural complexities and the potential for extended debate could push the final vote into early June. Nonetheless, the bipartisan vote signals strong momentum for the GENIUS Act and an increasing sense of urgency among lawmakers to establish clear rules around the issuance and management of stablecoins. The political calculus surrounding the GENIUS Act is nuanced. Stablecoins, which are digital tokens typically pegged to fiat currencies like the U.S. dollar, have grown into a multi-billion-dollar market, often operating in regulatory gray zones. Lawmakers on both sides of the aisle have expressed concern that without federal oversight, stablecoins could pose risks to consumer protection, financial stability, and national security. Republicans have generally supported the idea of nurturing innovation while ensuring market integrity, while a growing number of Democrats are acknowledging the potential of stablecoins to drive payment efficiency and financial inclusion. The vote by sixteen Democrats to support the GENIUS Act indicates that the legislative climate is warming toward thoughtful, measured regulation of digital assets. Industry Implications and Market Expectations If enacted, the GENIUS Act would create a federal licensing regime for stablecoin issuers, set reserve requirements to ensure backing by safe assets like U.S. Treasury bills, and establish clear guidelines for compliance and consumer protection. The bill is also expected to clarify the role of state regulators and the interaction between federal and state oversight, two contentious issues that have slowed past attempts at similar legislation. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The implications for the crypto industry are profound. Leading stablecoin issuers such as Tether, Circle, and Ripple—all of which back their tokens with significant holdings in U.S. government debt—stand to benefit from legal clarity that would make institutional adoption more viable. According to data from Citibank, stablecoin issuers could become the largest private holders of U.S. Treasuries by 2030, further entwining the digital asset sector with traditional financial markets. The GENIUS Act’s progress also comes at a time when geopolitical and economic concerns have heightened interest in digitized U.S. dollars as reliable stores of value and mediums of exchange. Market participants are watching closely to see whether the legislation will provide the type of framework that allows for robust innovation while ensuring regulatory safeguards. A Crucial Juncture for U.S. Crypto Policy The Senate’s willingness to engage seriously with stablecoin legislation marks a turning point in U.S. crypto policy. For years, the lack of clear federal standards has created a patchwork of rules and enforcement actions that many in the industry believe have stifled innovation and driven investment overseas. The GENIUS Act could offer a much-needed reset, paving the way for domestic growth while reinforcing America’s leadership in financial technology. As the debate unfolds on the Senate floor in the coming days, all eyes will be on the amendment process and the final vote. Whether or not the bill clears the Senate before Memorial Day, the momentum behind it is undeniable. The bipartisan support it has already garnered underscores a rare alignment of interests around the need for digital financial infrastructure that is secure, transparent, and aligned with national economic goals. In this context, Eleanor Terrett’s ongoing coverage continues to provide vital insight into one of the most consequential legislative efforts for the future of digital finance. With each step closer to passage, the GENIUS Act brings the United States nearer to a regulatory framework that could shape not just domestic markets but the global financial system of the future. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post GENIUS Act Gains Momentum in U.S. Senate. Here’s The Latest appeared first on Times Tabloid .
Cardano (ADA) is surging, hitting $0.86 and sparking excitement in the crypto market. This breakout signals a potential 3x rally, with analysts eyeing $2.40 by summer 2025. Meanwhile, Mutuum Finance (MUTM) , a rising DeFi star, is drawing crowds in its phase 4 presale at $0.025. Having raised $8,900,000 with over 500 million tokens sold to 10,300 holders, MUTM promises a staggering 43x gain post-launch. Both projects are fueling investor frenzy, but MUTM’s structured tokenomics and lending model position it as a top crypto to buy now. Let’s explore why these assets are dominating crypto news today. Cardano’s Bullish Breakout Cardano is climbing steadily, trading between $0.82 and $0.86. This resilience reflects strong buying support, with key levels at $0.77 holding firm. Analysts predict ADA could hit $1 soon, driven by growing adoption and partnerships. By 2026, projections suggest a $6 to $12 range, fueled by a potential $11 trillion crypto market cap. Cardano’s 0.88% market dominance could rise to 2-4%, boosting its valuation to $440 billion. Institutional interest and ecosystem growth are key catalysts. Yet, competition from other platforms remains a hurdle. Still, ADA’s momentum makes it a top cryptocurrency for long-term investors. This bullish outlook ties into broader market trends. Crypto prices are rising, and Cardano’s technical strength aligns with investor optimism. Its ability to maintain support above the 20-day moving average signals stability. As crypto charts show, ADA’s next target is $1.70 by mid-2025. This makes it a solid choice for those wondering what crypto to buy now. Mutuum Finance (MUTM) Presale Frenzy Mutuum Finance (MUTM) is igniting the crypto market with its phase 4 presale, now 90% filled at $0.025. Early investors are rushing in, knowing the price will jump 20% to $0.03 in phase 5. This shift means current buyers will see a 20% gain when the next stage opens. The presale has already raised $8,900,000, with 10,300 holders snapping up over 500 million tokens. MUTM’s structured pricing ensures a 140% ROI at its $0.06 listing price. Analysts predict a post-launch surge to $1, delivering a jaw-dropping 3,900% return. This makes MUTM a top crypto to invest in. The project’s lending model sets it apart. Users can lend, borrow, or earn passive income through mtTokens, which gain value as interest accrues. For example, depositing ETH yields mtETH, offering flexible returns. This utility drives demand, positioning MUTM as the best crypto coin to buy. The team is also auditing its smart contract with Certik, with updates soon to be shared on socials. As phase 4 nears completion, FOMO is spiking. Investors are racing to secure tokens at this low price, knowing the next big cryptocurrency is within reach. Mutuum Finance (MUTM) Innovation Hub Mutuum Finance (MUTM) is redefining DeFi with its buy-and-distribute system. Platform revenue buys back MUTM tokens, redistributing them to stakers. This creates constant demand, stabilizing prices. Recently, MUTM launched a dashboard showcasing the top 50 holders, rewarding them with bonus tokens for maintaining their rank. This incentivizes loyalty, boosting investor confidence. The overcollateralized lending model ensures stability, requiring borrowers to lock higher-value collateral. Dynamic interest rates attract both lenders and borrowers, making MUTM a top cryptocurrency to invest today. Its $100,000 giveaway for presale participants adds excitement, drawing more into this new crypto coin. As Cardano climbs, MUTM’s presale success highlights its potential to outpace competitors. Crypto predictions favor MUTM for short-term and long-term gains. Its practical utility contrasts with speculative tokens, appealing to those seeking the next crypto to hit $1. The project’s transparency, with ongoing Certik audits, reassures investors. This seamless blend of innovation and opportunity makes MUTM a standout in crypto investing. As phase 4 fills, the window to join this cheapest cryptocurrency narrows, urging swift action. Riding the Crypto Wave Cardano and Mutuum Finance (MUTM) are shaping the crypto market’s future. ADA’s 3x potential is grounded in market growth and adoption. MUTM’s 43x forecast, driven by its $1 post-launch target, captivates investors. Its phase 4 presale at $0.025 offers a rare entry point. With $8,900,000 raised and 10,300 holders, MUTM is a top crypto to buy now. The impending 20% price hike in phase 5 fuels urgency. Crypto prices are climbing, and these projects are leading the charge. Don’t miss out—research Cardano and MUTM today to join the best cryptos to invest in. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
CoinMarketCap has unveiled a new tool that uses LLMs to answer top questions on each token tracked on the site. More and more crypto firms are finding new ways to integrate AI. On Tuesday, May 20, CoinMarketCap launched an AI tool that gives users expanded information about all tokens listed on the platform. The AI agents use CoinMarketCap data to explain price movements, offer price predictions, track social sentiment, provide news, and deliver general information about a given token. CMC AI is now live on all Coin Detail Pages. Get instant answers about price movements, token fundamentals, and sentiment with a single click. No more navigating multiple sources to understand what's happening with your assets. pic.twitter.com/78K6q9l2eC — CoinMarketCap (@CoinMarketCap) May 20, 2025 “In this first phase of CMC AI, we’re focusing on delivering insights where users need them most—directly on token pages,” said David Salamon, Chief Product Officer at CoinMarketCap. “Our AI is purpose-built for crypto, trained on our extensive market data, and designed to surface insights when users need clarity about specific cryptocurrencies.” You might also like: AI is creating a new class of entrepreneurs, and you’re either in or out | Opinion Salamon clarified that the goal is to enable users to get all the information they need on just one site. This helps users find the info they need more easily, without having to gather data from multiple sources. How CoinMarketCap’s AI works In a press release shared with crypto.news, CoinMarketCap explained how the new model functions. The tool interfaces with a large language model, such as OpenAI’s o3 reasoning model, providing it with a prompt that includes the latest price data. You might also like: Circle cofounder raises $18M for AI-native banking startup Catena Labs Once the results are generated, all users who click on one of the questions will see the same output. The responses are not generated in real time but are updated periodically. For major tokens, the AI updates answers every 30 minutes. For smaller tokens, updates are triggered if the price moves more than 2% within one hour. This model enables users to get instant answers without waiting for AI models to generate responses in real time. It also helps reduce API call costs for CoinMarketCap. Still, it’s important to note that LLMs do not always provide accurate responses and can be prone to hallucinations. Read more: AI is crypto’s redemption, and the next generation’s big bet | Opinion
Tariffs continue to be in focus during today’s trading session, as Walmart and Home Depot shared differing views on their impact. U.S. markets are still assessing the effect of tariffs on consumers. On Tuesday, May 20, the Dow Jones was trading at 42,679.23, down 112.84 points or 0.26%. The S&P 500 was at 5,942.07, down 0.36%, while the Nasdaq stood at 21,353, down 0.44%. Just days after Walmart announced potential price hikes due to U.S. tariffs, Home Depot offered a different perspective. In its first-quarter 2025 earnings report, the home improvement giant stated that it plans to keep prices steady. Rather than raising prices, the company has opted to shift production away from China, which currently faces an effective tariff rate of 30%. You might also like: Exclusive: Scaramucci warns tariffs could trigger recession, boost Bitcoin and Europe Still, Home Depot’s announcement may not be enough to lift sentiment. Wall Street analysts continue to warn about the broader economic impact of the recently resumed collection of student loans. Student debt, consumer sentiment rattles Wall Street The Department of Education under Donald Trump has resumed collections on student loans that had been paused for five years. This applies to borrowers in default, who may now face wage garnishment. Notably, JPMorgan estimated that renewed collections could reduce disposable personal income somewhere between $3.1 billion and $8.5 billion. Bank of America’s analyst Mihir Bhatia noted that low-end consumers will particularly feel the weight of this new policy. You might also like: What tariff shock? Bitcoin surges past $100k as market recovery continues Against this backdrop, May’s preliminary consumer sentiment index has dropped to the second-lowest level on record. The index, which measures consumers’ willingness to spend, fell to 50.8 — the lowest reading aside from June 2022. Still, despite bad news for Wall Street and Main Street, Bitcoin (BTC) is resilient, trading at $106,323 and up 0.98% in the last 24 hours. Gold showed even stronger performance, up 1.78% to $3,287 per ounce. Read more: Bitcoin surpassed gold per kilo, but gold still leads as a safe haven: MEXC COO