Cryptocurrency news last 24 hours
BALTIMORE — Bad actors are seeking cryptocurrency in almost every scheme tracked by the FBI. From fraudulent investments to tech support and romance scams, and most recently, a surge in employment scams who is mike tyson. And as Bitcoin reaches record highs, Special Agent David Paniwozik with FBI Baltimore sees more people wanting to capitalize on cryptocurrency.
Scammers set up their own cryptocurrency exchanges, making you believe your investment has grown exponentially, or they say you must make cryptocurrency payments to “unlock work” that offers high payouts.
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Cryptocurrency news may 22 2025
The recent Pectra upgrade has made Ethereum more scalable and improved staking efficiency, which has boosted investor confidence. With a 41% jump in Total Value Locked (TVL) and a 22% increase in daily transactions, Ethereum’s utility is growing fast. Analysts believe these factors could push ETH to the $3,000 mark, with some predicting it might even hit as high as $12,000 by the end of the year.
The cryptocurrency market is experiencing a significant surge today, driven by Bitcoin’s impressive rally to a new all-time high of $111,888. This development has propelled the total market capitalization above $3.48 trillion, a level not seen since February. The uptick, observed on May 22, 2025, underscores growing investor confidence, as Bitcoin’s ascent is mirrored by gains in major altcoins like Ether (ETH), Cardano (ADA), and Solana (SOL).
The midpoint suggests a strong bullish trend, driven by ongoing institutional adoption and broader acceptance. Bitcoin’s potential to exceed previous highs remains robust, contingent on sustained market momentum in $BTC.
Throughout 2025, SUI is predicted to trade between $2.41 and $8.80 based on SUI upward revised price targets (Oct 12th). Key drivers: institutional adoption and technological advancements. If market conditions remain favorable, SUI could experience significant growth.
The 38.2% Fibonacci level of $0.24 will need to act as key support for bullish momentum to develop. Moreover, with great advancements on Stellar’s blockchain platform, from cross border payments to Defi and RWA, Stellar is fundamentally ready for a stellar year.
XRP is enjoying renewed attention after Ripple settled with the SEC for $50 million. Big moves like the approval of the Hashdex Nasdaq XRP Fund in Brazil and the possibility of U.S. ETF approvals are creating serious momentum. Standard Chartered is even predicting XRP could climb to $8 by 2026, driven by ETF optimism and growing use in cross-border payments.
Cryptocurrency news may 2 2025
Regulatory clarity and market acceptance will be crucial for XRP to reach the higher end of this spectrum. The expected positive resolution of the battle between Ripple and the SEC is clearly positively impact its trajectory.
As legacy tokens continue to solidify their dominance, attention is also shifting to innovative technologies like LCAI, which is gaining momentum as a rising star in the blockchain space. The coming weeks could mark a critical phase for both established cryptocurrencies and emerging projects, potentially redefining market dynamics and investor strategies.
May 2025 begins with crypto investors closely monitoring pivotal market movements from leading tokens such as Bitcoin (BTC), Ethereum (ETH), and XRP, alongside emerging players like Lightchain AI (LCAI). With the market sentiment leaning towards cautious optimism, these assets are expected to play a significant role in shaping the trajectory of the cryptocurrency landscape this month.
Among Metal Pay listed assets, LOAN Protocol (LOAN) topped the charts this week with a +18.5% gain, driven by lending activity and community governance momentum. Metal Blockchain (METAL) and Ethereum (ETH) followed at +4.3% and +2.7%, respectively. Bitcoin (BTC) rose 2.1%, while Litecoin (LTC) lagged slightly at +1.1%. The broader market appeared to pause after April’s strong rally.
In a major regulatory shift, the U.S. Department of Justice announced it would disband its National Cryptocurrency Enforcement Team (NCET) and narrow the scope of crypto-related prosecutions. In a memo from Deputy Attorney General Todd Blanche, the DOJ criticized the prior administration’s “reckless strategy of regulation by prosecution” and vowed to end broad enforcement actions against crypto intermediaries. Going forward, prosecutors were directed to focus on criminals who use digital assets for traditional crimes (such as terrorism financing, narcotics, or fraud) rather than targeting exchanges or minor regulatory violations. This policy change, rooted in an executive order by President Trump, signaled a more industry-friendly stance by emphasizing investor protection and crime prevention over expansive regulation of the crypto sector.