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May 14, 2025 cryptocurrency news highlights

【Cryptocurrency】 The total market value of cryptocurrencies has exceeded $3.5 trillion

【Economy】 Coinbase Canada has made a strategic investment in Stablecorp to expand adoption of QCAD, a Canadian dollar-backed stablecoin backed 1:1 by CAD reserves. The amount was not disclosed.

【Indicators】 Bitcoin falls below $103,000

【More】 SEC Reviews BlackRock Bitcoin ETF Redemptions; Delays Solana, Dogecoin Decisions

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🦋 **ETH/BTC UPDATE**

Ethereum has recently broken through the descending trend line that has been forming since December 2024. Moreover, it is now taking hold above the 0.024 support level (in the best scenario we see a retest of this level).

📈 I believe the growth will definitely continue, at least after some possible correction.

I am not sure about going all in on altcoins now, but overall 2025 looks bullish for alts.

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JUST IN: 💰 Coinbase CEO Brian Armstrong says crypto is "going to be a part of everyone's 401(k)."

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Senators Oppose Tax on Unrealized Crypto Gains

U.S. Senators Cynthia Lummis and Bernie Moreno warned the Treasury that taxing unrealized crypto gains under the Corporate Alternative Minimum Tax could harm U.S. companies. They urged the Treasury to issue guidance excluding these gains to avoid forced sell-offs and maintain competitiveness.

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JUST IN: Coinbase CEO Brian Armstrong says crypto is "going to be a part of everyone's 401(k)."

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🇺🇸🇶🇦 President Trump secures $1.2 trillion economic commitment with Qatar.

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JUST IN: 🦊 MetaMask's co-founder said the team is still considering creating its own token.

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🪙 There will come a time when Strategy will be valued at $10 trillion thanks to BTC — these expectations were shared by company co-founder Michael Saylor in a new documentary.

According to Saylor, by 2045, Bitcoin will rise to $13,000,000.

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JUST IN: 🇺🇸🇶🇦 President Trump secures $1.2 trillion economic commitment with Qatar.

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NEW: 💰 Solana has generated more 24-hour network revenue than all other L1 and L2 chains combined.

Solana Revenue Spiking Up 🚀

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Bernstein analysts point out Ethereum's recent price rally is driven by the growth in stablecoin and tokenization adoption, Layer 2 institutionalization and unwinding of ETH short positions.

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🐦 $ETH начинает ралли?

🔵 Во всех предыдущих циклах именно рост Ethereum запускал настоящую альтсезонную эйфорию.

🔵 Q2 только начался, а ETH уже +45,36%. Подобный импульс часто становился катализатором для всего рынка.

🔵 Если история повторится, впереди может быть мощный разворот по многим монетам — от L2 до мемов.

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The current level of interest in the search query “Bitcoin” in Google matches the figures recorded in June 2024, when BTC was trading at $66,000 after three months of unsuccessful attempts to surpass the $73,000 mark.

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Mastercard will cooperate with MoonPay to launch a new stablecoin payment card

According to Decrypt, Mastercard has reached a cooperation with the crypto payment company MoonPay to launch a stablecoin payment card service for 150 million merchants worldwide. The service is based on the technical architecture of Iron, a stablecoin payment company acquired by MoonPay in March this year, and will be automatically converted into fiat currency during transactions.

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📊👀 Ethereum exchange reserves are nearing the lows of the end of August 2024 as fresh demand for Ethereum increases.

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Financial Times journalist likens Bitcoin’s scarcity to… her teeth?

Katie Martin scoffed at BTC’s $2T valuation, stating:

“My teeth are scarce and useful, but they’re not worth billions.”

Crypto X erupted—memes, roasts, and dental puns are soaring faster than a Bitcoin rally.

Seems the only thing scarcer than BTC is the crypto crowd’s patience.

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📊 JUST IN: Bitcoin hits $102,000

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JUST IN: 🇺🇸 President Trump says his Middle East trip could bring in $10 trillion in potential investments.

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