May 16, 2025
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Bitcoin Bulls Face $120M Challenge in Extending ‘Stair-Step’ Uptrend DOJ Charges 12 With $263M Crypto Theft Linked to Genesis Creditor FTX to Pay Over $5B to Creditors as Bankrupt Estate Gears Up for Distribution XRP Slides 4% as Bitcoin Traders Cautious of $105K Price Resistance DOJ Will Still Pursue Roman Storm Case Despite Blanche Memo, Prosecutors Say Dave Portnoy Says Meme Coins Are ‘Gambling’ and Not Built to Last Bitcoin Holds Above $100K, Altcoins Slide as Analyst Sees Crypto Rally Into Summer PayPal Crypto Head Says Banks Are Needed to Unlock Full Stablecoin Potential ‘Really Great Example’: Coinbase Praised for Hack Response Amid $400M Crisis Senate’s New Stablecoin Draft Doesn’t Target Trump’s Crypto, Tweaks Big-Tech Approach

U.S. CPI Meets Estimates, Rising 0.2% in October; Bitcoin Moves Above $89K

Bitcoin fell to $85,000, as CPI data came in hotter month-over-month as odds of a Fed pause increase at next policy meeting in December.

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