Elon Musk has confirmed his intention to move forward with a lawsuit against ChatGPT creator OpenAI. He also addressed questions about his future as Tesla’s CEO. Speaking virtually at the Qatar Economic Forum in Doha on Tuesday, Musk discussed his ongoing legal disputes, plans for Starlink, and his commitment to maintaining control of Tesla as the company develops humanoid robots. Elon Musk to Sue OpenAI During his virtual appearance at the Qatar Economic Forum in Doha on Tuesday, Elon Musk confirmed his plans to proceed with legal action against ChatGPT creator OpenAI. The billionaire entrepreneur stated plainly that he “intends to push ahead with his lawsuit against OpenAI.” However, he did not elaborate on specific details of the case during the forum. Is @elonmusk pushing ahead with the lawsuit against OpenAI? “Yes. It was intended to be a non profit open source company and now they’re trying to change that… Read More at Coingape.com
Shiba Inu (SHIB) price is rangebound in a tight accumulation zone after breaking out of a downtrend. With a massive spike in exchange outflow, the chances of an explosive SHIB rally are not unlikely. Here are some key levels to watch where investors can accumulate this dog-based meme coin.. SHIB Outflow Suggests Accumulation Data from CryptoQuant suggests total SHIB transactions also increased from 6,200 to 7,510. Yet despite the surge in activity, the token’s price remained unmoved. Shiba Inu total transaction count 1 – week chart Historically, a divergence like this with a spike in transaction count and flat price action points to one of two scenarios – accumulation or distribution. An accompanying chart of SHIB’s exchange netflow underscores a bullish case (accumulation). Shiba Inu posted a negative exchange netflow of 111.8 billion tokens on May 20, suggesting a large-scale transfer of the asset from exchanges into self-custody or cold… Read More at Coingape.com
Shark Tank investor and Canadian businessman Kevin O’Leary is firing back at Senator Elizabeth Warren over her opposition to the GENIUS Act – a bipartisan bill designed to regulate stablecoins in the United States.
O’Leary didn’t hold back, calling Warren’s stance “dangerous” and “un-American,” accusing her of blocking financial innovation by turning the bill into a political weapon against Donald Trump.
O’Leary: Warren Is Politicizing a Vital Crypto Bill
As crypto regulation becomes a bigger part of U.S. policy, O’Leary argues that Warren is distracting from the GENIUS Act’s core purpose. He says the bill is about modernizing the American financial system through properly regulated stablecoins – not about Trump or meme coins.
In a post on X, O’Leary stressed that the bill has nothing to do with Trump and warned that dragging politics into the conversation could hurt the country’s ability to lead in global finance.
According to him, the GENIUS Act is a step toward strengthening the U.S. dollar’s role in digital payments around the world. He believes Warren’s opposition risks slowing innovation and letting countries like China pull ahead in the race for financial dominance.
“This is about establishing the U.S. dollar as the default currency for global price discovery,” O’Leary said, dismissing Warren’s claims as “completely deranged.”
Warren’s Opposition to the GENIUS Act
Senator Warren opposes the bill, citing its ties to a $2 billion MGX-Binance deal involving USD1 which is a Trump-linked stablecoin.
She cautions that exemptions for senior officials, including the president, could give birth to corruption, claiming the bill risks “greenlighting the grift.”
Warren argues that the bill could allow Trump to regulate his own financial product, undermining transparency and public trust.
GENIUS Act Moves Forward with Bipartisan Support
Despite Warren’s strong pushback, the GENIUS Act recently passed a key Senate hurdle. Several Democrats who were initially skeptical have now supported a revised version of the bill.
The bipartisan support signals growing momentum for establishing clear regulations for stablecoins – something many in the industry believe is essential for the future of digital finance in the U.S.
You can best believe that the debate is not over.
The post Shark Tank’s Kevin O’Leary Slams Senator Warren Over GENIUS Act: “Un-American and Dangerous” appeared first on Coinpedia Fintech News
Shark Tank investor and Canadian businessman Kevin O’Leary is firing back at Senator Elizabeth Warren over her opposition to the GENIUS Act – a bipartisan bill designed to regulate stablecoins in the United States. O’Leary didn’t hold back, calling Warren’s stance “dangerous” and “un-American,” accusing her of blocking financial innovation by turning the bill into …
While Ethereum fell 4.3% in a single day, there is one project that seems to be optimally positioned in these turbulent times. Nexchain.ai, which aims to put AI tools into a blockchain-powered, decentralized system, is quickly attracting the attention of investors.
As traditional assets like ETH face short-term volatility, the best crypto presale of the season is now unfolding in real time, and Nexchain is quickly solidifying its place as the most promising early-stage crypto investment in May 2025.
Nexchain: AI-Backed Web3 Efficiency with Real-World Utility
Nexchain addresses three critical challenges plaguing the blockchain industry today: scalability, intelligent automation, and cross-network communication. Through its proprietary AI-powered smart routing and consensus algorithms, Nexchain is capable of executing transactions at remarkable speeds while maintaining the decentralized integrity the Web3 community demands. This blend of AI and blockchain technology provides the infrastructure needed to power dApps, DeFi platforms, and AI agents across an increasingly complex digital economy.
One of the most compelling elements of Nexchain is its native token, NEX, which fuels its entire ecosystem. NEX isn’t just used for transactions; it also grants governance rights, enables AI service access, and unlocks fee reductions and staking rewards. This multifaceted utility gives NEX true value within and beyond its blockchain framework, ensuring long-term relevance.
The Nexchain presale is gaining rapid traction, and for good reason. The project has just entered Stage 13 of its presale phase, where each NEX token is priced at $0.05. That’s a sharp climb from the previous stage, where tokens were just $0.046. The team has already raised over $2.3 million USDT of the current $2.6 million Stage 13 cap, leaving limited time for new investors to get in before the next price jump.
How To Buy Nexchain Token
Investing in the Nexchain presale is refreshingly straightforward.
Next, complete the required Know Your Customer (KYC) verification, a step that underscores Nexchain’s commitment to regulatory transparency and user safety.
Finally, with your account verified, you can purchase NEX tokens directly through the platform.
Ethereum Price Falls as Whales Take Profits
There is concern in the broader market because ETH has gone down more than 4% over the last 24 hours. Lookonchain’s analysis demonstrates that the fall in the price is linked to significant amounts of cash being withdrawn by whales. These transactions have fueled speculation that institutional players and early adopters may be cashing out amid regulatory uncertainty and network shifts.
Vitalik Buterin, Ethereum’s co-founder, continues to push for fundamental improvements to the network’s core architecture. He emphasized the need to simplify Ethereum’s overly complex Layer 1 design
Source: CoinMarketCap
Despite Ethereum’s visionary roadmap, the short-term profit-taking by whales has revealed a gap in investor sentiment, pushing many to seek early-stage projects with higher growth potential and less exposure to immediate market fluctuations. This is where the Nexchain presale presents a compelling alternative.
Conclusion: Nexchain Is Leading the Pack as the Best Crypto Presale of 2025
As Ethereum navigates whale selloffs and Layer 1 reform, the opportunity for new growth lies in next-generation projects like Nexchain.ai. With its AI-integrated blockchain, ultra-fast consensus model, and a token economy built for scale, Nexchain is attracting investors looking for high upside potential in a market moment dominated by uncertainty.
The Nexchain presale has already proven its momentum, entering Stage 13 with rising prices and nearly 90% of its current funding round already completed. The simplicity of the investment process, combined with Nexchain’s transparent structure and innovative AI features, makes it not only a top narrative in Web3 development but also the best crypto presale currently available for early backers.
With Ethereum’s future focused on infrastructure and long-term evolution, Nexchain offers investors a high-growth, short-term opportunity to be part of the next major leap in blockchain innovation. But with each passing day and every token sold, that window narrows. If you’re looking for the next breakout in the crypto presale space, Nexchain is where the smart capital is heading.
The post Best Crypto Presale Set To Explode As Ethereum Price Dumps 4.3% in a Day appeared first on Coinpedia Fintech News
While Ethereum fell 4.3% in a single day, there is one project that seems to be optimally positioned in these turbulent times. Nexchain.ai, which aims to put AI tools into a blockchain-powered, decentralized system, is quickly attracting the attention of investors. As traditional assets like ETH face short-term volatility, the best crypto presale of the …
It’s a sentence that hits hard: “I wish I bought Bitcoin at $1” Millions missed it. Some didn’t believe in it. Others just didn’t know. But now, after former President Trump’s public comments about Bitcoin becoming “the future of financial security,” that sentiment is echoing louder than ever. The world is watching, but smart investors are asking a different question: What comes next?
That’s why in light of the Trump Bitcoin comments, analysts and investors alike are highlighting a new opportunity that feels eerily familiar: Bitcoin Solaris (BTC-S). If you missed Bitcoin at $1, this could be your second shot.
Why Bitcoin Solaris Is Being Called the Next Big Thing
Bitcoin Solaris is not a meme coin or a copycat—it’s a ground-up, engineered blockchain built to solve the same challenges Bitcoin once faced. But instead of solving them slowly over a decade, BTC-S is coming out of the gate with a full arsenal of upgrades and innovations.
Dual-layer blockchain (PoW for base layer security, DPoS for speed and scalability)
10,000 transactions per second, 2-second finality
Mobile-first mining through any device: phones, laptops, browsers
Built-in wallet, one-click mining, and zero tech knowledge required
Energy efficiency that uses 99.95% less power than traditional Bitcoin mining
More importantly, Bitcoin Solaris is built for the people who missed Bitcoin the first time. Its mobile-friendly approach means everyone, anywhere can mine and earn without the complexity.
A detailed review by CryptoChester explains why BTC-S is gaining massive attention across the crypto world. Meanwhile, community excitement is growing rapidly on platforms like Telegram and X.
Phase 4 Presale: Limited Time, Maximum Potential
One of the biggest signals of BTC-S’s momentum? Its presale—currently in Phase 4—is exploding.
Current Price: $4
Next Phase: $5
Launch Price: $20
Bonus: 12%
This presale runs for only 90 days, and launch is set for July 31, 2025. Already, over $1,000,000 has been raised, with 8,900+ investors jumping in. With a potential 1,900% return before the coin even hits exchanges, this is being labeled one of the most explosive and time-sensitive launches of 2025.
The Solaris Nova App—the heart of BTC-S mining—isn’t available to the public just yet. But some early community members have been granted beta access, giving them a head start on testing mobile mining, wallet integration, and user experience.
This limited access is creating buzz—and opportunity. While the official app isn’t live, there may still be room for new users to join the inner circle before the full rollout.
2027 and beyond: DEX launch, enterprise adoption, quantum security, AI tools
Every step is tied to expanding utility and value, not hype.
Conclusion: A Second Chance Doesn’t Come Twice
So yes, you may have missed Bitcoin at $1. But in the wake of the Trump Bitcoin comments, Bitcoin Solaris is being recognized as a similar opportunity—except it’s more scalable, more inclusive, and still just $4.
This isn’t about regret. It’s about not making the same mistake twice.
The post Missed Bitcoin at $1? Trump Bitcoin Comments Highlight Bitcoin Solaris as Similar Opportunity appeared first on Coinpedia Fintech News
It’s a sentence that hits hard: “I wish I bought Bitcoin at $1” Millions missed it. Some didn’t believe in it. Others just didn’t know. But now, after former President Trump’s public comments about Bitcoin becoming “the future of financial security,” that sentiment is echoing louder than ever. The world is watching, but smart investors …
Cardano is making its way back into the talks of the crypto market. This time around, the fuel for the buzz comes from Midnight sidechain and the Glacier airdrop. These developments have come at a time when on-chain data and patterns suggest ADA may be gearing up for an uptrend. In this price analysis, we explore the potential moves the ADA price could make in the short term.
ADA Price to Eye for $1 Soon?
Cardano’s ADA is presently changing hands at $0.7284, while recovering from a weekly low of $0.7238. Despite a -9.61% drop over the past week, ADA price is still up +18.58% over the last month. The biggest signal comes from the $932 million in outflows from centralized exchanges, a pattern that mirrors ADA’s 2021 accumulation before it chugged up to an all-time high of $3.10.
Looking at the 4-hour chart, ADA is attempting to reclaim its 9-period SMA at $0.7338. The RSI is sitting at 44.11, indicating bearish momentum is weakening and may reverse if volume increases. A break above $0.75 could serve as confirmation of a bullish divergence forming, which could take the price to $0.84, then to $1. In contrasting events, the support remains at $0.66.
The price of 1 Cardano (ADA) at the time of press is at $0.7286 with an intraday change of -0.26%
What price level is crucial for a breakout?
A clean break above $0.75 could help ADA price target $0.84 and beyond.
How much is 1 ADA for?
The price of 1 Cardano (ADA) at the time of press is at $0.7286 with an intraday change of -0.26%
The post Cardano Price Analysis: ADA Breakout to $1 Imminent? appeared first on Coinpedia Fintech News
Cardano is making its way back into the talks of the crypto market. This time around, the fuel for the buzz comes from Midnight sidechain and the Glacier airdrop. These developments have come at a time when on-chain data and patterns suggest ADA may be gearing up for an uptrend. In this price analysis, we …
The cryptocurrency market is alive again as Bitcoin breaks the $105,000 threshold, reigniting a wave of enthusiasm across digital assets. But while the spotlight shines on BTC’s all-time high, smart investors are already looking ahead , and they’re finding explosive potential in a different corner of the market: early-stage meme coins with real innovation. Leading that wave is one standout project catching fire fast ,Pepeto.
Priced at just $0.000000129, Pepeto is not your average frog-themed coin. It’s being described as a revival of the true spirit behind the original PEPE, claiming to restore the values and direction that were lost. Whispers across crypto circles suggest that one of PEPE’s original founders, reportedly pushed out before its launch, is now behind Pepeto , a claim that has sparked intense speculation and added major fuel to the growing community movement.
But this project isn’t all mystery and memes , it’s packed with strategy and substance. Pepeto’s roadmap includes an upcoming listing on a top-tier exchange, a milestone that could dramatically expand visibility and invite new liquidity. Add to that the future launch of Pepeto Exchange, a purpose-built trading hub focused on meme coins with zero listing fees and AI-powered fraud detection, and it becomes clear that Pepeto is aiming to redefine the meme coin landscape , not just ride it.
On the tech side, Pepeto brings even more firepower. The platform will feature PepetoSwap, a cross-chain bridgeengineered to make token transfers between different blockchains fast, secure, and cost-efficient , solving a pain point that even major projects struggle with. Combined with a 420 trillion token supply that mirrors PEPE’s, Pepeto is positioning itself as more than a coin , it’s building a full ecosystem with purpose and vision.
Community momentum is already gaining steam. Investors see the signs: a strong presale structure, real development, and a fresh narrative backed by innovation. While tokens like Shiba Inu and Pepe captured early cycles with community power alone, Pepeto delivers all of that , plus infrastructure.
REMINDER : LISTING APPLICATIONS IN PEPETO EXCHANGE ARE BEING VIEWED BY A DEDICATED TEAM, STARTING FROM TODAY. CHECK OFFIClAL WEBSITE TO FILL THE FORM IN. COMMENT $PEPETO
Presale Nears Completion as Pepeto Builds Toward Tier 1 Listing
With the presale nearing its final stages, demand is accelerating. Investors can still grab $PEPETO at $0.000000128through the official website, pepeto.io. The project accepts multiple payment options including USDT, ETH, BNB, and card payments , all accessible via MetaMask or Trust Wallet.
The opportunity to get in before the public listing window closes is narrowing. As exchange launch approaches and marketing ramps up, the price and exposure are likely to climb significantly. Early backers are not just betting on a meme ,they’re supporting a platform with tools, tech, and a compelling story that the crypto world has been waiting for.
The post Bitcoin Surges Past $105K as Investors Flock to Meme Coins , Is Pepeto the Next 100 x Crypto? appeared first on Coinpedia Fintech News
The cryptocurrency market is alive again as Bitcoin breaks the $105,000 threshold, reigniting a wave of enthusiasm across digital assets. But while the spotlight shines on BTC’s all-time high, smart investors are already looking ahead , and they’re finding explosive potential in a different corner of the market: early-stage meme coins with real innovation. Leading that wave is one …
HBAR, the native token of Hedera, has been experiencing a steady uptrend recently, attracting the attention of investors. The price surge has contributed to increased trading activity, but for traders, especially those holding short positions, this could lead to significant liquidations.
While the altcoin is expected to continue its rise, the situation may become challenging for those who bet against it.
HBAR Traders Are In Danger
The Chaikin Money Flow (CMF) indicator shows strong inflows into HBAR, signaling that investor sentiment is bullish. The CMF has bounced above the zero line for the first time since December 2024, showing strong demand.
The inflows indicate that investors continue to pour money into the asset, bolstering the price movement. With the CMF turning positive, the likelihood of sustained growth for HBAR increases, as long as the broader market maintains its bullish tone.
The liquidation map for HBAR, which tracks short positions, indicates that traders betting against the asset could face significant losses if the price continues to rise. HBAR’s current price sits at $0.19, not far from the key resistance level of $0.22. If HBAR breaches this resistance, approximately $70 million worth of short positions could be liquidated, leading to further upward pressure. This scenario highlights the intense battle between bullish investors and bearish traders.
Short traders who bet against HBAR are now at risk, as the broader market sentiment pushes the altcoin higher. The increasing momentum fueled by the strong inflows will likely catch many short positions off guard, forcing them to liquidate. If this liquidation occurs, it could lead to a sharp rise in the price of HBAR, further solidifying its bullish outlook.
HBAR is currently trading at $0.194, just below the significant resistance level of $0.200. The altcoin has shown consistent growth over the past month, and with the current positive market sentiment, it is likely to continue rising. A successful break above $0.200 could confirm the bullish momentum and open the path for further gains.
Should HBAR manage to flip $0.200 into support, a rise to $0.220 would likely follow, triggering the $70 million in short liquidations. This would create additional upward pressure, accelerating HBAR’s price move and potentially pushing it higher in the short term.
However, if HBAR fails to maintain its upward trajectory and falls below the uptrend line, the price could slip under the $0.182 support level. Such a decline would likely bring HBAR to around $0.167, invalidating the current bullish outlook. Therefore, traders should closely monitor these key levels to determine the next steps for HBAR’s price action.
Leading coin Bitcoin briefly soared above the $107,000 mark yesterday. It reached an intraday peak of $107,108, just 2% shy of its all-time high of $109,588, before retracing.
Although the leading cryptocurrency has since retreated slightly to $104,976 at press time, market sentiment remains firmly bullish, with on-chain indicators suggesting continued upward momentum.
Bitcoin Season is in Full Swing
According to data from Blockchain Center, the cryptocurrency market remains deep in “Bitcoin Season,” a period when BTC significantly outperforms the broader altcoin market.
As of this writing, only 16 (32%) of the top 50 altcoins have outperformed BTC over the past 90 days, far below the 75% threshold required to qualify as “Altcoin Season.”
Furthermore, Bitcoin’s rising dominance supports this position. Since plunging to a two-month low of 61.89% on May 16, BTC.D, a metric that tracks BTC’s share of total crypto market capitalization, has climbed steadily.
Interestingly, since May 14, TOTAL2, which measures the combined market cap of all cryptocurrencies excluding BTC, has trended downward. Currently standing at $1.18 trillion, it has plunged $83 billion over the past week.
This divergence suggests market participants are increasingly reallocating capital into BTC over altcoins.
The current trend signals that traders are doubling down on BTC’s resilience, especially as the king coin attempts to stabilize above the key $105,000 price mark.
BTC’s DMI Points to Strong Buying Pressure
On the daily chart, BTC’s Directional Movement Index (DMI) confirms the bullish pressure in the market. As of this writing, the coin’s positive directional index (+DI, blue) rests above its negative directional index (-DI, orange).
When an asset’s DMI is set up this way, it indicates that bullish momentum is stronger than bearish momentum. This signals a prevailing uptrend and buying pressure in the BTC market.
If this continues, its price could attempt to breach the resistance at $107,048, and rally toward its all-time high of $109,588.
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee as we analyze Standard Chartered’s Bitcoin (BTC) price projections. According to the bank, Bitcoin price could hit $500,000 as global institutions accumulate Strategy’s MSTR stock for indirect exposure to Bitcoin.
Crypto News of the Day: Standard Chartered’s Bold Bitcoin Prediction
Bitcoin was trading for $105,178, up by a modest 2.27% in the last 24 hours. In recent developments, the pioneer crypto market capitalization has ascended to an all-time high of $2.09 trillion.
However, analysts hold that institutional interest has much to do with Bitcoin’s value surge. Firstly, Bitcoin ETFs (exchange-traded funds), which offer Traditional Finance (TradFi) players indirect exposure to BTC, drive institutional interest.
In the same way, institutions are gaining indirect exposure to Bitcoin via Strategy’s MSTR stock. A recent US Crypto News publication indicated that Strategy (formerly MicroStrategy) held 576,230 BTC as of May 19.
Holding a significant amount of Bitcoin on its balance sheet, Strategy’s MSTR stock price correlates closely with Bitcoin’s price movements.
MSTR vs. BTC performance in the past year. Source: ivanhoff.com on X
Analysts ascribe this correlation to a dynamic where Bitcoin is the base layer while MSTR operates as a vehicle with different risks, mechanics, and rewards.
Against this backdrop, BeInCrypto contacted Geoff Kendrick, Head of Digital Assets Research at Standard Chartered. According to Kendrick, Bitcoin is still on course to hit $500,000 before the end of Trump’s second administration.
Kendrick ascribes this to deepening institutional adoption, particularly through indirect exposure via MicroStrategy’s MSTR shares.
Standard Chartered Says Increasing Allocations to MSTR Is Bullish for Bitcoin
Newly released Q1 2025 13F filings from the US SEC (Securities and Exchange Commission) support the bank’s bullish thesis. Specifically, Strategy saw increasing allocations to MSTR by a range of global sovereign and quasi-sovereign entities.
“As more investors gain access to the asset and as volatility falls, we believe portfolios will migrate towards their optimal level from an underweight starting position in Bitcoin,” Kendrick said in an email to BeInCrypto.
While direct holdings of Bitcoin ETFs declined slightly overall, largely due to the State of Wisconsin Investment Board selling its entire 3,400 BTC-equivalent position in BlackRock’s IBIT ETF, other entities quietly increased exposure via MSTR, which Kendrick described as a “Bitcoin proxy.”
“Government entities increased their holdings of Strategy Incorporated (MSTR), which typically trades like a Bitcoin proxy. Entities in Norway, Switzerland, and South Korea reported significant MSTR increases, and Saudi Arabia added a very small position for the first time,” Kendrick told BeInCrypto.
The Standard Chartered executive emphasized that while Bitcoin ETF flows were “unexciting,” the MSTR accumulation trend was the real story this quarter.
“The MSTR ownership detail was where the excitement was,” he added.
Geoff Kendrick went further, detailing Standard Chartered’s analysis of the filings. Based on their analysis:
Norway added 700 BTC-equivalent via MSTR, now holding 6,300 BTC-equivalent.
Switzerland also added 700 BTC-equivalent, reaching 2,300 BTC-equivalent.
South Korea added 700 BTC-equivalent, bringing its total to 1,300 BTC-equivalent.
US state funds (California, New York, North Carolina, Kentucky) added 1,000 BTC-equivalent collectively, now at 3,300 BTC-equivalent.
Saudi Arabia’s Central Bank opened a small MSTR position—its first.
Meanwhile, Abu Dhabi’s quasi-sovereign wealth fund Mubadala added 300 BTC equivalent via ETF holdings, increasing its position to 5,000 BTC equivalent.
“SEC 13F data for Q1 supports our thesis that Bitcoin is attracting a wider range of buyers. While data on Bitcoin ETF holdings was disappointing, MSTR – a Bitcoin proxy – saw increased buying. Overall sovereign positions were unchanged due to the Wisconsin pension fund selling its ETF holdings,” Kendrick concluded.
The data reinforce Standard Chartered’s outlook that institutional and sovereign flows—both direct and indirect—will be a key driver of Bitcoin’s ascent to $500,000 in the coming years.
Chart of the Day
Governement holdings of BTC ETFs and MSTR. Source: Standard Chartered
This chart illustrates the total government holdings of Bitcoin ETFs and MicroStrategy’s MSTR stock from Q4 2023 to Q1 2025, measured in ‘000 (thousands) BTC equivalents. Based on the chart, holdings have grown steadily, peaking in Q1 2025 at around 18,000 BTC.
The chart shows that key contributors include Abu Dhabi (ETFs), Norway, Sweden, South Korea, France, New York, Wisconsin (ETFs), Michigan (ETFs), Switzerland, Liechtenstein, California, North Carolina, Saudi Arabia, and Kentucky, with varying contributions across quarters.
Byte-Sized Alpha
Here’s a summary of more US crypto news to follow today: