Monero (XMR) has jumped by 17.7% in the past week and currently sits at $348, just 33% away from its all-time high, as privacy tokens have been gaining popularity lately.XMR offers crypto enthusiasts a way to conceal their digital trail and stay anonymous. The project has been criticized for facilitating illicit activities like money laundering.However, […]
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Category: Cryptocurrencies
Why Is Crypto Down Today – May 15, 2025?
Crypto is down today, as the total cryptocurrency market capitalization has seen a significant shift, dropping 4.4%, now standing at $3.4 trillion. The total crypto trading volume is at $119 billion at the time of writing.[Q1]Why did crypto move against stocks today?[/Q1][A1]While the cryptocurrency market is experiencing a downturn, US stock markets are showing modest gains on 15 May. The crypto market is waiting for additional macroeconomic cues, and traders are engaging in profit-taking. Investors seem slightly more confident in the stock markets today, with the S&P 500 rising 0.1%, and the Nasdaq-100 increasing by 0.6%. That said, the Dow Jones Industrial Average is currently down by 0.2%.[/A1] [Q1][/Q1][A1][/A1][Q2]Is this dip sustainable?[/Q2][A2]Following a recent rally, investors seem to be locking in profits, driving a dip. Though a long-term upturn may resume, a short-term dip looks sustainable due to technical cooling, reduced activity, and general macro caution.[/A2]
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Coinbase Fast-Tracks Ex-DOGE Staff Amid Musk Deregulation Backlash
Coinbase CEO Brian Armstrong has called on former Department of Government Efficiency staff to apply through a fast-track hiring route, citing their “proof-of-work.” His appeal follows reports of social backlash for DOGE workers and growing criticism of Elon Musk’s deregulation project.
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Shiba Inu Price Analysis: SHIB Primed For 2x Explosion as Meme Season Returns
Shiba Inu price has sustained a strong climb since early April, supported by easing US-China tariff pressures, cooler inflation and steady economic data. Breaking a long-term downtrend and bouncing off key moving averages, the meme token has eyed a potential doubling toward late-2024 highs.
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Russian Power Engineers Develop New Solutions to Hunt Illegal Crypto Miners
Russian power engineers say they have developed new methods to help them track down and prosecute illegal crypto miners operating in areas prone to electricity shortages.
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Europol Busts ‘Mafia Crypto Bank’ Tied to $23M Laundering Scheme
European authorities have dismantled a sprawling money laundering network dubbed the “mafia crypto bank,” arresting 17 individuals.
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Democrats Demand Treasury Records on Trump-Linked Crypto Projects
Democratic lawmakers have launched a new probe into former President Donald Trump’s growing involvement in the crypto industry.
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Arkham ($ARKM) Sees 50% Monthly Gain: Can the Blockchain Intel Token Hit $1.79?
Arkham has risen 6.5 % in 24 hours and 50 % this month, driven by a U.S. exchange linking its AI analytics with trading access. New wallet-tracking for major X accounts has boosted sentiment, but its $190 M valuation remains below peers, leaving upside toward the $1.79 technical target.
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Bitcoin Miners WULF and MARA Trade at 4× Revenue Premiums, IREN Lags
On-chain data firm CryptoQuant has identified the Bitcoin addresses of listed miners and has derived intra-month revenue for MARA, WULF, RIOT, HIVE, CORZ, CLSK, BITF, CIPHER and IREN. Annualised figures place WULF and MARA on 4.4× revenue multiples, while IREN trades at a discount.
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Kazakhstan Crypto Skyrockets to $1.4B as Nation Targets Central Asia Crypto Dominance
Kazakhstan crypto leaders have outlined plans to relax trading limits, license miners, and pair grid upgrades with foreign investors. Volumes at Astana’s finance centre have risen from $324 m to $1.4 bn, yet 91 % of activity still falls outside oversight, prompting calls for a nationwide framework.
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