Bitcoin prices reached an all-time high of almost $112,000 on Thursday, May 22, following a 4% daily gain, according to Coingecko. The asset has now surpassed a peak of $109,500 on Wednesday and is in a new price discovery phase. It has also pushed total crypto market capitalization to $3.6 trillion. However, this remains below its peak of $3.9 trillion in mid-December as altcoins remain lackluster. Big Bitcoin Moves The asset has now gained more than 17% since the beginning of the year and is up around 47% since its April 7 crash to $75,000. Momentum is being driven by institutions as spot exchange-traded funds and corporations continue to aggressively accumulate the asset. Spot Bitcoin ETFs in the United States have seen six consecutive trading days of inflows totalling more than $2 billion. Meanwhile, companies such as Michael Saylor’s Strategy and Japanese investment firm Metaplanet continue to scoop up BTC for their treasuries. On May 22, Digital Capital Strategist Jeff Walton said , Strategy is “the apex Bitcoin accumulator,” having bought 324,000 BTC in the last 8 months. “That is 105,000 more Bitcoin than every single company that has BTC on balance sheets combined,” he added. Strategy’s unrealized profit soared to $23.5 billion with the new Bitcoin all-time high. The stash is now worth an eye-watering $63.7 billion, according to the Saylor Tracker. Nevertheless, things are relatively quiet on the retail front with macroeconomic clouds darkening, inflation woes increasing, and social sentiment and searches at bear market lows. Every person who bought Bitcoin and held is in profit pic.twitter.com/621xLJZpau — HODL15Capital (@HODL15Capital) May 22, 2025 Analyst “CrypNuevo” said that there would be “more to come in the following weeks and months,” predicting that it will reach at least $115,000. Bitcoin Pizza Day May 22 is also Bitcoin Pizza Day , and celebrates the first use of the asset to buy something physical. On this day, fifteen years ago, programmer Laszlo Hanyecz bought 2 Papa John’s pizzas for 10,000 BTC. The cryptocurrency was worth just $0.0041 at the time, making the purchase cost around $40. Today, those pizzas would be valued at around $1.1 billion at current prices. Hanyecz’s pizza purchase has become a legendary event in the history of Bitcoin, demonstrating how the asset has come in terms of adoption and value. Happy Bitcoin Pizza Day! 15 years ago, Laszlo Hanyecz, a Floridian programmer, bought 2 Papa John’s pizzas for 10,000 $BTC . Today, those pizzas would be valued at over $1.07B today. Happy #Bitcoin Pizza Day, everyone! pic.twitter.com/H7oeBTEIJM — CoinGecko (@coingecko) May 22, 2025 The post Bitcoin Tops $111,000 in Pizza Day All-Time High appeared first on CryptoPotato .
Ripple’s proposed $11 billion acquisition of Circle aims to shift from XRP to stablecoins, leveraging USDC’s financial network clout. Critics argue the deal exposes XRP’s declining relevance and warn it
US prosecutors have filed a case against the self-styled head of a purported blockchain firm, Amalgam, for his alleged involvement in wire fraud. $1 Million Crypto Swindle Involving ‘Sham Blockchain’ Scheme Jeremy Jordan-Jones engaged in a scheme to defraud investors of over $1 million by misrepresenting his company and its partnerships. Per the DOJ release , he used investors’ money to fund a lavish lifestyle. “Jordan-Jones’s alleged blatant lies funded his personal lifestyle at the expense of unknowing victims,” said Christopher Raia, FBI assistant director. The prosecutors noted that he falsely claimed that Amalgam had lucrative high-profile partnerships with major-league sports teams and prominent payment-processing platforms. He also made misleading statements regarding the blockchain firm’s financial condition, they added. “He touted his company as a groundbreaking blockchain startup, backed by high-profile partnerships,” said U.S. Attorney Jay Clayton. “In reality, Jordan-Jones’s company was a sham, and investors’ funds were siphoned off to bankroll his lavish lifestyle.” Founder Touted Fake Amalgam Crypto Token Listing Additionally, Jordan-Jones solicited investments by promising that the money would be used to initiate the listing of Amalgam’s crypto coin. He also promised to use the investors’ money for hardware, software, and other expenses associated with the Amalgam’s operations. Further, he submitted falsified financial statements to a bank, the release read. The FBI warned users that fraudsters often use the “promise of new technology to cloak their schemes.” Last month, the Bureau had recorded a staggering $9.3 billion in losses to crypto-related fraud, scams and extortion. The FBI recorded $9.3 billion losses spread across various crypto-related investment scams, extortion, ATM and kiosks, among others, in 2024. #FBI #CryptoFraud #CryptoScam https://t.co/1Eb8KStAHk — Cryptonews.com (@cryptonews) April 24, 2025 “The FBI is committed to apprehending any individual who employs deceitful tactics and illusionary business models to steal from trusted investors,” the agency said Wednesday. Amalgam ran from January 2021 through November 2022, before shutting down, causing significant financial losses to investors and lenders.Besides, the case highlights ongoing regulatory scrutiny and legal actions against fraudulent activities in the crypto sector. Early this week, the Senate advanced the GENIUS Act , which would set up a regulatory framework for stablecoins. The post DOJ Charges Purported Amalgam Blockchain Founder Over Wire, Securities Fraud appeared first on Cryptonews .
A crypto whale has expanded an existing 40x leverage long Bitcoin bet to $1.1 billion on the decentralized exchange Hyperliquid, which has stunned the crypto community and is believed to be the first-ever position exceeding $1 billion on the platform. The X account “James Wynn” claims to be behind the position, which is now up $36 million on the trade, data from Hypurrscan’s block explorer shows. A $28.4 million margin position was used across several trades to increase the Bitcoin ( BTC ) position, now worth $1.13 billion. The average Bitcoin entry price was $108,065. Perp futures positions of wallet address “0x507.” Source: Hypurrscan “He did it fellas,” crypto analyst Sigma^2 wrote on X. “First position [on Hyperliquid] to exceed $1B." Wynn’s long position was at a loss of about $16.3 million before it shot back up as Bitcoin broke through $110,000 on May 21. The position sits comfortably above its liquidation price of $103,790, as Bitcoin has well surpassed $110,000 and neared $112,000 in early trading on May 22. HyperDash data shows the crypto whale started closing some Bitcoin long positions when Bitcoin was trading around $106,000 on May 20. Change in profit and loss (PnL) from Wynn’s wallet over the last 24 hours. A small amount of that PnL includes a position held in kPEPE. Source: HyperDash “That mfer has nerves of steel,” crypto influencer Follis wrote , while others called the trader an “absolute mad man” or questioned his sense in making the trade. Who is “James Wynn”? Wynn describes himself as a high-risk leverage trader and memecoin maxi who supposedly called Pepe ( PEPE ) a buy when its market cap was at $600,000. Related: Is Bitcoin price close to a cycle top? — 5 indicators that help traders decide The crypto whale started using Hyperliquid two months ago, depositing $4.65 million worth of the stablecoin USDC ( USDC ) onto the platform, Hypurrscan data shows. They’ve completed 32 trades since then, which have included long positions on XRP ( XRP ), the Official Trump (TRUMP) token, Fartcoin (FARTCOIN) and Toncoin ( TON ). Hyperliquid’s DEX is the flagship product on the Hyperliquid layer 1 blockchain, which also offers spot trading and borrowing and lending services, among other things. Magazine: TradFi is building Ethereum L2s to tokenize trillions in RWAs: Inside story
Solana started a fresh increase from the $165 zone. SOL price is now gaining pace and might aim for more gains above the $180 zone. SOL price started a fresh increase above the $170 level against the US Dollar. The price is now trading above $172 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $170 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $180 resistance zone. Solana Price Rises Above $172 Solana price formed a base above the $165 support and started a fresh increase, like Bitcoin and Ethereum . SOL gained pace for a move above the $170 and $172 resistance levels. The bulls even pushed the price above the $175 level. A high was formed at $177.50 and the price is now consolidating gains above the 23.6% Fib retracement level of the recent wave from the $165 swing low to the $177.50 high. Solana is now trading above $172 and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $170 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $178 level. The next major resistance is near the $180 level. The main resistance could be $185. A successful close above the $185 resistance zone could set the pace for another steady increase. The next key resistance is $192. Any more gains might send the price toward the $200 level. Another Decline in SOL? If SOL fails to rise above the $180 resistance, it could start another decline. Initial support on the downside is near the $174.50 zone. The first major support is near the $172 level or the 50% Fib retracement level of the recent wave from the $165 swing low to the $177.50 high. A break below the $172 level might send the price toward the $170 zone and the trend line. If there is a close below the $170 support, the price could decline toward the $162 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $172 and $170. Major Resistance Levels – $178 and $180.
Authorities have seized key infrastructure of a malware service used to steal crypto wallet data and other credentials from millions.
Introduction As Q3 2025 approaches, crypto analysts are sharpening their focus on a new group of tokens showing real breakout potential. While legacy giants like XRP and Ethereum (ETH) maintain solid footing, it’s MAGACOIN FINANCE (MAGA) that’s rapidly shifting from outsider to headline contender. With price discovery still ahead and investor enthusiasm building, some are calling MAGA the next major altcoin explosion in waiting. Add in continued development from Solana (SOL) and Cosmos (ATOM) , and it’s clear: the next wave of crypto growth could be led by a mix of institutional favorites and politically charged newcomers. HIGH DEMAND, LOW SUPPLY – ACT NOW XRP Holds Steady, But Multiples Look Capped XRP continues to benefit from legal clarity and real-world utility. Its place in global remittance remains strong, and banking partnerships support the long-term outlook. However, for short- to mid-term traders, the ceiling may already be in view. Price forecasts range from $2.50 to $4 by year-end, representing 2x–4x potential for most buyers. That’s a solid return — but one that likely won’t satisfy those chasing exponential upside. Ethereum Builds Quietly Toward ETF Tailwinds Behind the scenes, Ethereum (ETH) is strengthening its foundations. The Pectra upgrade has boosted performance, and ETF rumors continue to swirl. Trading near $2,600, ETH remains the backbone of smart contracts and Web3 infrastructure. However, its size works against it for quick gains. Most analysts expect modest movement relative to small caps, pushing traders to explore higher-risk, high-reward altcoins in parallel. Why MAGACOIN FINANCE Is Drawing Analyst Attention Unlike legacy tokens, MAGACOIN FINANCE is fresh, politically charged, and deeply narrative-driven. With a strong cultural hook and emerging visibility across major media platforms like MSN and Google News, MAGA is being quietly loaded by traders who see a breakout forming. Its roadmap includes exchange listings, influencer partnerships, and growing community initiatives — all positioned to drive virality in Q3. Analysts are now projecting that MAGA could hit $0.007 , translating to up to 25x upside from current levels. And with a limited-time PATRIOT35X bonus , early buyers are maximizing their token counts — pushing projected returns closer to 35x. This is the type of asymmetric setup that retail and whale wallets alike are hunting for. Solana and Cosmos Gain Steam — But Eyes Are on MAGA Solana (SOL) continues to scale rapidly, gaining traction in NFT integrations and transaction speeds. Cosmos (ATOM) is also pushing forward with interchain interoperability, attracting developers and niche investors. Yet despite their growth, neither SOL nor ATOM offers the entry price or early-stage excitement that MAGACOIN FINANCE brings to the table. Traders seeking breakout returns are increasingly favoring MAGA as the go-to allocation heading into Q3. CLICK HERE – ROI TARGET: 18,500% AND COUNTING Final Thoughts As the crypto market eyes its next explosive move, a new narrative is taking shape. Legacy tokens like XRP , Ethereum , Solana , and Cosmos remain solid picks — but for traders chasing 10,000% potential, the early signals point to MAGACOIN FINANCE . With a cultural edge, aggressive tokenomics, and rising analyst coverage, MAGA is quickly becoming a high-conviction bet for those ready to move before the listings go live. To learn more about MAGACOIN FINANCE, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Analysts Are Watching Closely: MAGACOIN FINANCE, XRP, and Ethereum May Be Lining Up the Next 10,000%
Speaker Mike Johnson spent the week racing from office to office on Capitol Hill before members took a final vote on President Donald Trump’s self-described “big, beautiful bill.”A plan that has divided the GOP. The massive bill combines tax, immigration, energy, defense, and debt-ceiling measures. It has also reopened many old divisions in the GOP and created a few new ones, a risky mix for leaders who can afford to lose only a handful of votes. Conservative members of the House Freedom Caucus are pressing hardest, according to Fox News . They want the bill to shrink Medicaid’s Affordable Care Act expansion and to implement work requirements for able-bodied adults on the healthcare program before the bill’s 2029 deadline. Most Republicans agree that people who are able to work should do so in order to keep government health coverage, but moderates warn that cutting too deeply into the Obamacare expansion could cost them support in tight districts. Freedom Caucus lawmakers say their goal is simply to move limited resources toward the poor, women, and children who need help the most. The same conservatives also demand a full reversal of President Joe Biden’s green-energy tax credits in the Inflation Reduction Act. That stance has put them at odds with Republicans from districts where companies have already based business plans on those incentives. At the same time, moderates from California, New York, and New Jersey are focusing on the state and local tax, or SALT, deduction cap. They argue that lifting that limit is essential for residents of high-cost areas such as New York City and Los Angeles. Several of those lawmakers say the issue will decide whether the GOP can keep its seats, and possibly the House majority, in 2026. They also note that their narrow 2024 wins relied on the same voters. GOP clash over raising the state and local tax deduction limit The $10,000 SALT cap first appeared in President Trump’s 2017 Tax Cuts and Jobs Act. It remains popular with most Republicans, especially those from lower-tax states. Republicans in Tennessee and Missouri say raising the cap gives unfair tax breaks to high-tax Democratic states. Republicans in coastal states say they send more money to Washington, which benefits low-tax states. Some Republicans in states with green-energy companies don’t want big cuts to those tax credits. Representatives from Arizona and Pennsylvania say taking the credits away now would hurt businesses that already counted on them. In March, twenty-one House Republicans sent a letter urging leaders to keep those benefits. “Countless American companies are utilizing sector-wide energy tax credits, many of which have enjoyed broad support in Congress, to make major investments in domestic energy production and infrastructure for traditional and renewable energy sources alike,” they wrote. Conservative fiscal hawks responded with their own letter, insisting that the fast-growing green-tech field is funded by government handouts, not genuine market demand. “Leaving IRA subsidies intact will actively undermine America’s return to energy dominance and national security,” they said. “They are the result of government subsidies that distort the U.S. energy sector, displace reliable coal and natural gas and the domestic jobs they produce, and put the stability and independence of our electric grid in jeopardy.” Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
PEPE’s path to a rally remains strong, despite facing a liquidity outflow hurdle.
BlackRock’s spot Bitcoin ETF has seen a remarkable return to form as trading volumes soar, reflecting increased investor interest amid Bitcoin’s price rally. The resurgence in trading volume highlights a