Here's the latest roundup of major cryptocurrency news as of May 19, 2025:
📈 Market Highlights
Bitcoin ($BTC ) has achieved its highest-ever weekly close, signaling strong bullish momentum despite recent macroeconomic uncertainties .
Ethereum (ETH) is showing signs of a technical rebound, with analysts suggesting a potential rise above $3,000 in the near term .
Notcoin (NOT) has experienced a remarkable 70% surge over the past month, following a successful airdrop and growing interest in the TON blockchain ecosystem .
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🛡️ Security & Regulation
Coinbase is addressing the aftermath of a significant cyberattack, estimating potential losses between $180 million and $400 million. The breach involved compromised employee credentials, prompting the company to offer a $20 million reward for information leading to the perpetrators .
U.S. Crypto Funds have attracted over $7.5 billion in inflows this year, reflecting sustained investor confidence despite regulatory challenges .
Stablecoin Legislation in the U.S. Senate has encountered obstacles, with recent bills failing to advance due to concerns over potential conflicts of interest and transparency issues .
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🏛️ Political & Legal Developments
Donald Trump's involvement in cryptocurrency ventures, including the $TRUMP coin and World Liberty Financial, is under scrutiny. Allegations suggest these projects may be leveraging political connections to attract foreign investment, raising ethical and legal questions .
Argentina's $LIBRA Coin Scandal continues to unfold, with President Javier Milei facing over 100 criminal complaints related to the promotion of the $LISTA token, which suffered a dramatic collapse after initial endorsements .$ETH
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🌐 Global Developments
European Union's MiCA Regulation has come into full effect, establishing a comprehensive framework for crypto-assets and service providers across member states, aiming to enhance consumer protection and market integrity .
