CryptoSlate - Cryptocurrency News Sites

Bitcoin crossed $100,000 last week for the first time since February, powered by a rapid expansion in derivatives activity that set new records for open interest, funding rates, and short liquidations. The move unfolded within a market increasingly reliant on leveraged structures rather than spot-driven flows, setting up a potentially fragile foundation if momentum stalls. The post Short squeeze propels Bitcoin past $100,000 with funding rates growing appeared first on CryptoSlate.

Coinbase has become the first and only crypto company to be added to the S&P 500, marking a historic milestone for both the digital asset sector and traditional financial markets. Coinbase CEO Brian Armstrong confirmed the announcement on social media, declaring the company’s inclusion a validation of the industry’s staying power. Armstrong wrote: “Crypto is The post Coinbase makes history with S&P 500 induction, reinforcing crypto’s arrival in mainstream finance appeared first on CryptoSlate.

Tether USD (USDT) has surpassed $150 billion in circulating supply amid stablecoins averaging over $521 billion in weekly transfer volumes in 2025, The metrics posted by the leading stablecoin are well above the combined weekly volumes of Visa and PayPal, which averaged $319 billion and $32 billion, respectively. Tether described the milestone as the culmination The post USDT supply surpasses $150 billion as stablecoins outpace mainstream giants Visa, PayPal appeared first on CryptoSlate.

Progressive group Our Revolution is mobilizing lawmakers and grassroots members in a national organizing call to stop what it calls an alleged sweeping “crypto power grab” led by President Donald Trump and his congressional allies. According to the press release shared with CryptoSlate, Senators Elizabeth Warren and Jeff Merkley will headline the virtual event on The post Senators Warren, Merkley to headline national call opposing Trump’s GENIUS Act appeared first on CryptoSlate.

Despite Bitcoin (BTC) dropping by 2.5% in the past 24 hours to trade near $101,600 and triggering nearly $200 million in liquidations of open long positions, the latest “Bitfinex Alpha” report highlighted that on-chain metrics remain constructive. The current price action follows a move that saw Bitcoin rally from a recent low near $74,000 to The post Bitcoin’s rise above $100K buoyed by institutional inflows and macro tailwinds – Bitfinex appeared first on CryptoSlate.

Solana’s decentralized finance ecosystem is showing renewed strength after a prolonged slowdown, riding the momentum of the broader crypto market rally. Over the past week, the weekly decentralized exchange (DEX) volumes on Solana climbed to $35.6 billion, marking the highest level in over two months. This growth helped push protocol revenue to $25.9 million, according The post Solana network rebounds with record $35.6 billion DEX volume and 58% TVL surge appeared first on CryptoSlate.

Securities and Exchange Commission Chairman Paul Atkins called for a sweeping modernization of US crypto asset policy, outlining a three-part strategy to overhaul regulations for issuance, custody, and trading. He made the statement during his keynote address at the SEC Crypto Task Force’s latest roundtable on May 12, which covered tokenization and its potential to The post SEC Chair Atkins reiterates need to overhaul crypto rules, pledges to end ‘regulation by enforcement’ appeared first on CryptoSlate.

Pump.fun introduced a revenue-sharing mechanism for token creators on May 12, enabling them to collect 0.05% of trading volume in Solana (SOL) from transactions conducted on PumpSwap.  To qualify for earnings, a token must meet at least one of three criteria: It must be newly created, still trading on Pump.fun’s bonding curve, or previously graduated The post Pumpfun launches creator rewards, $7M potential based on April volume appeared first on CryptoSlate.

Artificial intelligence search startup Perplexity is reportedly in advanced talks to raise $500 million in a new funding round that would value the company at $14 billion, the Wall Street Journal reported, citing people familiar with the matter. The round is expected to be led by venture capital giant Accel, with continued backing from Nvidia, The post AI search startup Perplexity on track for massive $14 billion valuation – WSJ appeared first on CryptoSlate.

XRP has climbed more than 10% over the past 24 hours to outperform the broader crypto market. According to CryptoSlate data, the token jumped to $2.59, its highest price since March. The surge triggered more than $20 million in liquidations across derivatives platforms, based on Coinglass data. XRP’s open interest rises XRP’s momentum comes amid The post XRP outperforms crypto market with 10% jump as open interest surges past $5B appeared first on CryptoSlate.