U.S. consumer inflation cooled in April, with the Consumer Price Index rising 2.3% year-over-year, according to Labor Department data. While the data coincides with a temporary 90-day tariff freeze, the April print likely reflects pre-freeze conditions, giving policymakers a clearer view of baseline inflation absent policy distortion. The monthly increase stood at 0.2%, easing from […]
Arizona says NO to CBDC ban and crypto payments in sweeping veto
On May 12, Arizona Governor Katie Hobbs rejected three crypto-friendly bills, Senate Bills 1373, 1024, and 1095. The bills aimed to expand the government’s role in digital asset adoption while opposing central bank digital currencies (CBDCs). At the same time, the governor signed a new law, House Bill 2387, that introduces tighter rules for crypto […]
Banks lagging behind crypto integration risk competition from tech-focused financial institutions
The post Banks lagging behind crypto integration risk competition from tech-focused financial institutions appeared first on CryptoSlate.
Bitcoin’s path to $1.1 million will see 1 billion active wallets according to Anthony Scaramucci
Bitcoin’s potential trajectory toward $1.1 million and a billion wallets formed a key narrative in Anthony Scaramucci’s appearance on Bloomberg TV yesterday. In it, he framed Bitcoin not only as digital gold but also as a maturing asset class on the verge of widespread institutional integration, commenting, ”Is Bitcoin an investment, or is it an […]
Truth Social memecoin rumors denied by Trump Jr despite the First Family increasing crypto expansion
Truth Social, the social media platform backed by US President Donald Trump, has no plan to launch a memecoin. On May 13, Donald Trump Jr., the US President’s son, dismissed the claims outright, stating: “There’s no truth whatsoever about Truth Social launching a memecoin. Don’t be fooled by false information people are circulating.” World Liberty […]
XRP up 3%, Bitcoin down, as crypto market falls ahead of new US inflation data today
Bitcoin fell about 2 % to roughly $102,400 Tuesday, erasing most of Monday’s late surge and dragging the broader crypto market lower. According to CryptoSlate data, Ethereum also declined 3.8% to near $2,450 while Solana slipped 3.6% to $171. Top 10 cryptocurrency performance Why is Bitcoin falling again? The moves arrived hours before the U.S. Bureau […]
Spot Bitcoin ETFs see weak $5M inflow even as Bitcoin hit $105k
Spot Bitcoin ETFs slowed down between May 6 and May 12, with modest activity on Monday reflecting a calmer start to the week. Daily net flows remained muted after a large $85.7 million outflow on May 6, culminating in a marginal inflow of just $5.2 million on May 12. Bitcoin’s price, on the other hand, […]
USDT supply surpasses $150 billion as stablecoins outpace mainstream giants Visa, PayPal
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 […]
Solana network rebounds with record $35.6 billion DEX volume and 58% TVL surge
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 […]
Pumpfun launches creator rewards, $7M potential based on April volume
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 […]