BitGo has secured a MiCA license from BaFin, enabling it to offer regulated crypto services across the European Union. Cryptocurrency custodian BitGo has received a Markets in Crypto-Assets Regulation — also known as MiCA — license from Germany&#8217;s Federal Financial…

Crypto custodian BitGo secures license from Germany’s BaFin to expand services in Europe

Even without retail frenzy or bull market tailwinds, leading crypto exchanges 
are thriving through volume growth, innovation, and strategic pivots. Here’s 
who’s on top so far in 2025 — and why they’re poised to ride the next wave. 
The Crypto Exchanges Dominating 2025 The first half of 2025 has seen 
relatively muted activity in crypto […]

Top 10 Crypto Exchanges of 2025 (So Far): A Calm Before the Institutional Storm

According to CRYPTOWZRD on his recent post on X, Litecoin (LTC) ended the week 
with a bearish close, a move that&#8217;s being interpreted as part of a normal 
market cycle rather than a sign of weakness. Despite the pullback, the LTCBTC 
pair is showing promising signs of strength and is expected to rally in the 
coming week. CRYPTOWZRD notes that the intraday chart development will be key 
in identifying the next viable scalp opportunity. As long as LTC continues to 
hold above the critical $100 level, the conditions remain favorable for a 
bullish breakout, potentially triggering the next leg up in the LTCBTC trading 
pair. The Bullish Catalyst That Could Propel Litecoin Higher Providing further 
insight, CRYPTOWZRD explained that the daily candles for Litecoin and the 
LTCBTC pair closed lower today. He reassured that this short-term decline is 
not a cause for concern, especially since the broader picture remains bullish. 
Related Reading: Litecoin Conviction Remains Strong: More Than 20% Of Supply 
Frozen Since 5+ Years According to the analyst, Litecoin’s weekly candle 
closed with notable strength, hinting at sustained upward pressure in the days 
ahead. The LTCBTC pair also ended the week on a positive note, which could be 
an early sign of renewed bullish momentum. However, CRYPTOWZRD emphasized the 
importance of a more impulsive push from LTCBTC in the upcoming week to ignite 
Litecoin&#8217;s upswing. He also noted that Litecoin and LTCBTC are currently 
trading in extremely oversold conditions, a factor that typically precedes 
strong rebounds. With that in mind, CRYPTOWZRD plans to closely monitor 
intraday developments on the lower time frames tomorrow, looking to capitalize 
on any quick trading opportunities as the setup evolves. LTC/BTC Breakout 
Confirmed &#8211; Key Levels To Watch Concluding his analysis, CRYPTOWZRD 
highlighted that Litecoin’s intraday chart remained highly volatile throughout 
the day, with the price now consolidating around the crucial $100 support 
zone. If buyers step in and drive a strong bullish move from here, it could 
open the door for a rally toward the $109 target or possibly even higher. 
Related Reading: Litecoin Breaks Under Parallel Channel: Analyst Predicts This 
Target On the other hand, a failure to hold this support could lead to 
extended sideways movement, especially if Bitcoin remains uncertain or lacks 
directional momentum in the coming sessions. The broader market’s response, 
particularly from BTC, will likely influence Litecoin’s next move. For now, 
CRYPTOWZRD advises waiting patiently for a clean and reliable setup to emerge 
before taking action. He emphasized that discipline is crucial in choppy 
conditions like these, and his focus will remain on tracking price development 
on lower time frames to spot the next favorable entry point. Featured image 
from Getty Images, chart from Tradingview.com

Litecoin Heading For Higher Levels As LTC/BTC Setup Signals Fresh Surge

**Key points:**
 * Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.
 * Nearby order book liquidity forms potential targets for traders, which now include $102,000.
 * A classic moving average retest suggests that a new all-time high should result.
Bitcoin (BTC) stuck to $104,000 at the May 12 Wall Street open as markets 
shifted on US-China trade deal news.
_BTC/USD 1-hour chart. Source: Cointelegraph/TradingView_
## 
Bitcoin surfs US-China trade deal reactions
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD 
consolidating after hitting its highest levels since late January.
The US and China agreed to slash reciprocal trade tariffs on the day, causing 
the S&amp;P 500 and Nasdaq Composite Index to gain around 3%.
US dollar strength also benefited as a result, with the US dollar index (DXY) 
hitting one-month highs.
_US dollar index (DXY) 1-day chart. Source: Cointelegraph/TradingView_
&#8220;The last time US tariffs on China were this high, the S&amp;P 500 was ~200 points 
lower, 4 Fed rate cuts were expected in 2025, and Wall Street was calling for 
a recession,&#8221; trading resource The Kobeissi Letter wrote in part of ongoing 
analysis on X.
&gt; &#8220;Sentiment is everything.&#8221;
_US tariffs on China. Source: The Kobeissi Letter/X_ 
Bitcoin thus adopted the middle ground between major assets on the day as gold 
dropped precipitously to $3,208 per ounce, nearing month-to-date lows.
&#8220;BTC Swept most nearby liquidity above after chopping around the $103K-$105K 
area for a few days,&#8221; popular trader Daan Crypto Trades told X followers 
alongside a chart of exchange order book liquidity from monitoring resource 
CoinGlass.
&gt; &#8220;Below keep an eye on the ~$102K region as that&#8217;s a pretty dense area in 
&gt; terms of liquidation clusters. Could be a good level for some action. 
&gt; Depending on the reaction there you can reassess.&#8221;
_BTC liquidation heatmap. Source: CoinGlass_
CoinGlass data showed increasing bids around the $103,000 mark after the Wall 
Street open.
## 
New BTC price record &#8220;in the making&#8221;
Continuing, fellow trader CrypNuevo was among those doubling down on a longer- 
term bull thesis for BTC price action.
_**Related:**__**Is Bitcoin about to go parabolic? BTC price targets include 
$160K next**_
BTC/USD, he noted, had conducted a successful retest of the 50-week 
exponential moving average (EMA).
Currently at $80,300, the 50-week EMA has functioned as a springboard for new 
all-time highs in recent years.
&#8220;We got the 1W50EMA retest and, consequently, the next leg up,&#8221; CrypNuevo 
explained in an X thread on May 11.
&gt; &#8220;Every previous time that we saw this structure, we made a new high so the 
&gt; trend signals a new ATH in the making.&#8221;
_BTC/USDT 1-week chart with 50 EMA. Source: CrypNuevo/X_
Earlier, Cointelegraph reported on a classic bull market breakout signal on 
weekly timeframes in the form of a cross on the moving average 
convergence/divergence (MACD) indicator.
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.

Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high

The crypto bull market is starting, with Bitcoin price nearing its all-time 
high and most altcoins surging by double digits from their lowest levels this 
year. Bitcoin (BTC) has jumped above $104,000, and analysts remain highly 
bullish on its performance.…

The crypto bull run is here: top 3 altcoins to buy and hold

Bitcoin mining firm American Bitcoin is going public through a merger with 
crypto mining firm Gryphon Digital Mining, the companies announced on May 12.
Under the terms of the deal, Gryphon Digital Mining will acquire American 
Bitcoin in a stock-for-stock transaction. After the merger, the new company 
will operate under the American Bitcoin brand and be led by its board of 
directors, which includes Eric Trump, son of US President Donald Trump. 
News of the merger coincided with a sharp rise in Graphon Digital Mining&#8217;s 
stock price, which climbed from $0.52 on May 9 to $2.15 at the time of 
writing, a gain of more than 313%, according to Google Finance.
The announcement follows early April reports that American Bitcoin was 
considering an initial public offering (IPO).
_Gryphon Digital Mining share price. Source:__Google Finance_
American Bitcoin is a majority-owned subsidiary of energy infrastructure, 
crypto mining, and data center firm Hut 8. Hut 8 CEO Asher Genoot said the 
company aims to make American Bitcoin &#8220;a purpose-built vehicle for low-cost 
Bitcoin accumulation at scale.&#8221; He added:
&gt; &#8220;By taking American Bitcoin public, we expect to unlock direct access to 
&gt; dedicated growth capital independent of Hut 8&#8217;s balance sheet, while 
&gt; preserving long-term exposure to Bitcoin upside for our shareholders.&#8221;
_**Related:**__**Top Bitcoin miners produced nearly $800M of BTC in Q1 2025**_
## Shareholders and post-merger structure
According to the announcement, existing American Bitcoin shareholders will own 
roughly 98% of the newly formed company. Following the transaction, the new 
company will control most of the outstanding stock.
Hut 8 will continue to manage American Bitcoin&#8217;s infrastructure and operations 
through long-term commercial agreements. Those deals are expected, according 
to the announcement, to generate stable, contracted revenue streams for Hut 
8&#8217;s power and digital infrastructure segments.
_**Related:**__**Bitcoin miner Hut 8 grows hashrate 79% despite $134M 
quarterly loss**_
## What is American Bitcoin?
Hut 8 acquired a majority stake in American Bitcoin when it was unveiled at 
the end of March, with backing from several members of Trump&#8217;s family. The 
company, formerly known as American Data Center, was founded by a group of 
investors, including Trump&#8217;s sons, Donald Trump Jr. and Eric Trump.
Following the deal, American Bitcoin took ownership of Hut 8&#8217;s Bitcoin mining 
hardware. The announcement at the time explained that the new firm &#8220;aims to 
become the world&#8217;s largest, most efficient pure-play Bitcoin miner while 
building a robust strategic Bitcoin reserve.&#8221;
_**Magazine:**__**Bitcoiners are &#8216;all in&#8217; on Trump since Bitcoin &#8217;24, but it&#8217;s 
getting risky**_