Crypto News

XRP opened May 1, 2025, trading within a tight intraday range of $2.15 to $2.24, maintaining a current price of $2.22. With a total market capitalization of $130 billion and daily trading volume of $2.94 billion, XRP remains in a key consolidation phase with signals suggesting cautious optimism across multiple timeframes. XRP On the 1-hourSource link

The U.K. needs to work harder at becoming a global center for the crypto industry to avoid falling behind countries like the U.S., industry executives told CNBC.The country has been saying it wants to be a crypto hub since 2022, before the current Labour government was elected, yet only this week did it start seeking comments on draft legislation for the industry. The European Union, meanwhile, has already implemented its Markets in Crypto Assets legislation (MiCA), which provides a uniform regime across the bloc, and the new U.S. administration of President Donald Trump is promoting the industry and relaxing regulation.“If I look at the speed of innovation, I do feel that the U.S. is ahead — although they have their...

Although bitcoin experienced pronounced price fluctuations in April, a long-dormant entity moved 200 BTC—marking its first transaction since Dec. 27, 2012. While that milestone alone is notable, what elevates the event’s intrigue is the origin of the coins: two separate Casascius physical bitcoin bars, each containing precisely 100 BTC. Historic Bitcoin Peel: Two Rare CasasciusSource link

"Bitcoin's recent price appreciation is the result of long-term momentum rather than a temporary phenomenon," an analyst told Decrypt.Source link

Kuwaiti authorities are cracking down on illegal crypto mining, with over 60 individuals now under investigation, as part of a sweeping campaign to root out unlicensed operations.The country's Public Prosecution confirmed the investigations are ongoing and warned that more suspects could be identified in the coming weeks. The “security operation,” carried out last Friday, targeted residential properties across the country suspected of hosting mining rigs, according to local media.The operation was coordinated by top officials, including Acting Prime Minister Sheikh Fahad Al-Yousef and Minister of Electricity Dr. Subaih Al-Mukhaizeem. The government said it aims to curb unauthorized power usage that has strained the national grid and led to blackouts in some areas.The Ministry of Electricity has begun disconnecting power from...