Litecoin is currently trading between $50 and $60, struggling to break above the $60 mark. Analysts on TradingView note that the price consistently bounces between $57 and $60, making this range a key area to watch for its next move.
With Republicans controlling 53 seats in the Senate, at least seven Democrats would have to vote with them for the bill to pass.
Spot Ethereum ETFs continued to struggle, experiencing a completely negative trading week with no days showing a profit.
Chinese authorities shut down nine illegal call centers and arrested 276 people involved in fraud schemes, according to the Ministry of Public Security.
Intesa Sanpaolo, the big cheese of Italian banking, went from $100 million to $235 million in crypto holdings in a few months. That’s like going from a Vespa to a Ferrari in the crypto world. According to Criptovaluta.it, they’re now into Ethereum, Bitcoin, and even derivatives. Because why stop at one risky bet when you can make a dozen?
At the Consensus Miami conference, Charles Hoskinson framed the move to quantum-resistant technology as a firm engineering goal, rather than a far-off concern. He explained that Cardano is actively implementing lattice-based cryptography to ensure its fundamental systems are ready for the future when quantum computers become a reality.
Alts in the big‑cap arena? They’re doing the classic “one last‑minute jog and then benched for the day” routine. Only the privacy coins are throwing in their hat into the ring and pulling off an impressive comeback (and a couple of high‑five emoji). You know, because silence is a thing.
On May 15, a Twitter account belonging to the anonymity-loving Santiment Intelligence had the luxury of posting a chart that looked like a sunburst during a solar eclipse. They claimed the crowd’s sentiment had peaked at a level that would make a goldfish feel nostalgic. In plain English: everyone thinks Bitcoin is about to become a country, no joke.
According to crypto analyst Ardi, Ethereum is still underperforming compared to Bitcoin, consistently failing to break through a significant downward trend. This repeated failure suggests Ethereum’s price could fall to new lows this year, especially if the overall market weakens.
On-chain investigator ZachXBT was the first to notice the attack. He found unusual activity involving THORChain’s systems, revealing that attackers moved around $7.2 million in cryptocurrencies – like USDT, USDC, and wrapped Bitcoin – across different blockchains before changing them into ETH.
