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Bitcoin hits $101.7K as US strategic reserve bills become law and BTC mass adoption accelerates

Key takeaways:

Bitcoin rallies to $101,707 against a backdrop of strong fundamentals in the regulatory and traditional finance space.

Traders are confident that $100,000 will hold as support.

Bitcoin (BTC) price rallied above $100,000 on the heels of US President Donald Trump’s announcement of a “trade deal” with the UK, which could possibly include the removal of the blanket 10% tariff on all imports. 

Frequent social posts from Trump and public comments from White House cabinet members have hinted at a handful of trade deals in negotiation with various countries, and markets have responded positively to the messaging. In addition to the UK trade deal, the US is set to meet with Chinese officials in Switzerland on May 10.

The Dow gained 500 points following the White House announcement, while the S&P 500 rose 1.47%, and Bitcoin trades near $101,600 at the time of writing. 

In a Truth Social post, Trump wrote: 

“Many other deals, which are in serious stages of negotiation, to follow!” 

The significance of Bitcoin’s return to six-figure territory after trading below the level since February was not lost on investors:

In an X post, popular independent market analyst Macroscope said he was “watching closely now,” and stressed the importance of BTC “holding” the $100,000 level as a support, rather than a brief pop above the psychological resistance level. 

Cryptocurrencies, Bitcoin Price, Markets, White House, Donald Trump, Market Update, MicroStrategy, Bitcoin ETFX / MacroScope  

While the initial surge through the $100,000 level appears to be driven by $241 million in futures market liquidations, the political and investment environment surrounding Bitcoin has seen vast improvements since the last time BTC traded above six figures. 

In the past week, the governors of two US states have signed bills, which now make it legal for the states to establish strategic Bitcoin reserves. On May 8, the legislature in the US state of Missouri sent Bill 594, a bill which would end all capital gains taxes, to the desk of Governor Mike Kehoe. 

Related: Strive to become Bitcoin treasury company  

On May 7, the US Office of the Comptroller of the Currency (OCC) confirmed that banks within its jurisdiction can “responsibly” trade crypto on behalf of their customers, and they can also “outsource” crypto and custodial activities to trusted third parties.

In late March, the FDIC issued guidance giving banks the green light to hold crypto assets and offer various goods and services to clients. In addition to growing legislative and regulatory support for Bitcoin and other cryptocurrencies, inflows to the spot Bitcoin ETFs have soared, alongside increasing buying and BTC treasury from US-based and international publicly listed companies. 

Cryptocurrencies, Bitcoin Price, Markets, White House, Donald Trump, Market Update, MicroStrategy, Bitcoin ETFSpot Bitcoin ETF inflows (weekly). Source: SoSoValue

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.

Read more at cointelegraph.com

Trump tricked into pushing XRP for crypto reserve: Report

US President Donald Trump was reportedly manipulated by a lobbyist tied to Ripple Labs into announcing the XRP (XRP) token would be part of his plans for a national cryptocurrency reserve.

According to a May 8 Politico report, an employee of pro-Trump lobbyist Brian Ballard gave the president the text to a social media post she recommended he write announcing a US strategic crypto reserve that would include XRP, Solana (SOL), and Cardano (ADA).

After he posted the message to his social media platform on March 2, Trump learned Ripple was one of Ballard’s clients, infuriating the president, who felt like he’d been used, Politico reported, citing two people familiar with the incident.

“He is not welcome in anything anymore,” said Trump, referencing Ballard, according to the report.

Ripple, XRP, Donald Trump, Bitcoin ReserveMarch 2 Truth Social post announcing US crypto reserve. Source: Donald Trump

Trump had connections to Ripple long before the announcement of XRP in the proposed crypto reserve. The blockchain firm’s chief legal officer, Stuart Alderoty, donated more than $300,000 to fundraising and political action committees supporting Trump in the 2024 election, and both he and CEO Brad Garlinghouse met with the then-president-elect in January and attended inauguration events.

Related: Democrats aim at Trump’s crypto profits with a 3-prong pincer move

Ripple also donated $5 million worth of XRP to Trump’s presidential inaugural fund and has been one of the largest contributors to Fairshake, a political action committee (PAC) that supports those it considers “pro-crypto” candidates through media buys. A spokesperson for the PAC said in January that it would continue its efforts in the 2026 midterm elections.

Trump moved forward on crypto reserve days later

The president often uses his social media platform to suggest policies before any official announcement through the White House. Trump signed an executive order to create a “Digital Asset Stockpile” on March 6 — roughly four days after the post, which was still live at the time of publication.

The price of XRP did not appear to significantly react to the May 8 report. At the time of publication, it was $2.23, having risen roughly 5% in the previous 24 hours. Cointelegraph reached out to a Ripple spokesperson for comment, but did not receive a response at the time of publication.

Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions

Read more at cointelegraph.com

SEC considers new rules easing security token issuance

Updated to correct that the SEC sent a Wells notice to Uniswap but did not bring charges.

The US Securities and Exchange Commission (SEC) is considering rule changes to let companies more freely issue tokenized securities, SEC Commissioner Hester Peirce said in a speech published on May 8.

The regulator is “considering a potential exemptive order” for firms using blockchain technology to “issue, trade, and settle securities” that would release them from certain registration requirements, Peirce said in the speech.

For example, decentralized exchanges (DEXs) may no longer need to register “as a broker-dealer, clearing agency, or an exchange,” Peirce said. The SEC has previously sent numerous Wells notices to DEXs such as Uniswap for allegedly failing to register as securities exchanges.

Firms should “not have to comply with inapt regulations, which, in many cases, were developed well before the technologies being tested existed and may be obviated by attributes of that technology,” Peirce said. 

Security, SEC, Tokens, DLT, Tokenization, RWA TokenizationCommissioner Peirce described the planned changes in a May 8 speech. Source: SEC

Under such an exemption, companies would still be expected to comply with rules designed to prevent fraud and market manipulation, the commissioner said. They may also need to meet certain disclosure and recordkeeping requirements.

Related: Nasdaq urges SEC to treat certain digital assets as ‘stocks by any other name’

Sharp policy pivot

The SEC has dramatically pivoted its stance on cryptocurrency oversight since US President Donald Trump took office in January. 

Under the leadership of former SEC Chair Gary Gensler, the agency brought upward of 100 lawsuits against crypto firms for alleged securities law violations.

However, under Trump nominee Paul Atkins, who was sworn in as chair on April 21, the agency has claimed jurisdiction over a narrower segment of cryptocurrencies.

In February, the SEC issued guidance stating that memecoins — if clearly identified as purely speculative assets with no intrinsic value — do not qualify as investment contracts under US law. 

In April, the regulator said that stablecoins — digital tokens pegged to the US dollar — similarly do not qualify as securities if they are marketed solely as a means of making payments.

Magazine: Ethereum is destroying the competition in the $16.1T TradFi tokenization race

Read more at cointelegraph.com

SEC considers new rules easing security token issuance

The US Securities and Exchange Commission (SEC) is considering rule changes to let companies more freely issue tokenized securities, SEC Commissioner Hester Peirce said in a speech published on May 8.

The regulator is “considering a potential exemptive order” for firms using blockchain technology to “issue, trade, and settle securities” that would release them from certain registration requirements, Peirce said in the speech.

For example, decentralized exchanges (DEXs) may no longer need to register “as a broker-dealer, clearing agency, or an exchange,” Peirce said. The SEC has previously brought numerous charges against DEXs such as Uniswap for failing to register as securities exchanges.

Firms should “not have to comply with inapt regulations, which, in many cases, were developed well before the technologies being tested existed and may be obviated by attributes of that technology,” Peirce said. 

Security, SEC, Tokens, DLT, Tokenization, RWA TokenizationCommissioner Peirce described the planned changes in a May 8 speech. Source: SEC

Under such an exemption, companies would still be expected to comply with rules designed to prevent fraud and market manipulation, the commissioner said. They may also need to meet certain disclosure and recordkeeping requirements.

Related: Nasdaq urges SEC to treat certain digital assets as ‘stocks by any other name’

Sharp policy pivot

The SEC has dramatically pivoted its stance on cryptocurrency oversight since US President Donald Trump took office in January. 

Under the leadership of former SEC Chair Gary Gensler, the agency brought upward of 100 lawsuits against crypto firms for alleged securities law violations.

However, under Trump nominee Paul Atkins, who was sworn in as chair on April 21, the agency has claimed jurisdiction over a narrower segment of cryptocurrencies.

In February, the SEC issued guidance stating that memecoins — if clearly identified as purely speculative assets with no intrinsic value — do not qualify as investment contracts under US law. 

In April, the regulator said that stablecoins — digital tokens pegged to the US dollar — similarly do not qualify as securities if they are marketed solely as a means of making payments.

Magazine: Ethereum is destroying the competition in the $16.1T TradFi tokenization race

Read more at cointelegraph.com

Bitcoin price reclaims $100K for first time since January

Bitcoin has reclaimed the $100,000 price level for the first time since January, reflecting renewed bullish sentiment among investors.

Bitcoin (BTC) reclaimed the $100,000 mark on May 8 at 3:22 pm UTC, surging 4.2% from the intraday low of $95,967, according to data from CoinGecko.

It marked the third time that BTC has broken through the six-figure level since first achieving it on Dec. 5, 2024. A second all-time high followed on Jan. 20 ahead of US President Donald Trump’s inauguration.

Bitcoin price reclaims $100K for first time since JanuaryBitcoin price chart in the past year. Source: CoinGecko

Unlike the previous $100,000 hits, the new price spike came as Bitcoin market dominance surged above 60%, reflecting potential bearish sentiment for altcoins.

Bitcoin dominance below 60% in past $100,000 breakthroughs

Bitcoin dominance — the asset’s share of the total cryptocurrency market — has been steadily rising over the past year. During its first run to $100,000 in December 2024, BTC dominance stood at 52%. By January 2025, that figure had increased to 54%.

Bitcoin price reclaims $100K for first time since JanuaryBitcoin all-time dominance chart. Source: CoinGecko

The latest spike in Bitcoin dominance matches historic levels last seen in early 2021, when Bitcoin was trading at around $36,000 and heading toward its previous all-time highs above $60,000.

“Bitcoin has been showing strength for weeks now, outstripping other digital tokens, and scarcely flinching against the sort of geo-political events in Asia and the Middle East that may have impacted it in the past,” Mercuryo CEO Petr Kozyakov told Cointelegraph.

“With gold also running good all year, there’s now a case for saying that Bitcoin may have proven itself as an economic hedge and a long-term store of value,” he added.

Why is the Bitcoin price rising now?

Bitcoin’s latest $100,000 breakthrough came amid a combination of political, institutional and macroeconomic factors.

Some in the community linked Bitcoin’s latest bullish action to a potential trade deal between the US and the United Kingdom, which Trump hinted at in a Truth Social post on May 7.

“Bitcoin is hovering near $100,000, a key psychological level for traders, after Trump hinted at a major trade deal, likely with the UK,” Kronos Research chief investment officer Vincent Liu told Cointelegraph.

Related: BlackRock Bitcoin ETF clocks 16 days of inflow as BTC reclaims $97K

Liu said the rally is also supported by falling bond yields, a weakening dollar and renewed institutional inflows in spot Bitcoin exchange-traded funds, which saw $1.8 billion of inflows in the past trading week.

Bitcoin price reclaims $100K for first time since JanuaryCrypto Fear & Greed Index. Source: Alternative.me

Despite bullish momentum and the Crypto Fear & Greed Index consolidating in the “Green” area at its current score of 65, some key US economic data is anticipated to forecast Bitcoin’s moves shortly, according to Liu:

“While momentum is strong, upcoming US budget data on May 12 and CPI [Consumer Price Index] on May 13 will be key in determining if BTC can break and hold above this level. For the rally to sustain, the trade deal narrative will need to evolve into concrete progress.”

According to Ben Caselin, chief marketing officer at VALR, there is a “good chance” that Bitcoin will chart new highs, north of $110,000, sooner rather than later, as the asset seeks to consolidate its value above $100,000.

“Retail is only set to come in toward what is traditionally the latter part of the Bitcoin four-year cycle, which might see a macro top reached in Q4 of this year,” Caselin told Cointelegraph.

At the same time, given continued progress in global crypto regulation and multiple strategic Bitcoin reserve initiatives, Caselin also sees a chance of “prolonged and accelerated growth beyond 2025.”

Additional reporting by Amin Haqshanas.

Magazine: Bitcoin to $1M ‘by 2029,’ CIA tips its hat to Bitcoin: Hodler’s Digest, April 27 – May 3

Read more at cointelegraph.com

Ex-Celsius CEO asks to travel for a wedding after sentencing

Former Celsius CEO Alex Mashinsky will probably be allowed to travel for his daughter’s wedding regardless of the outcome of his May 8 sentencing hearing.

In a May 8 filing in the US District Court for the Southern District of New York, Judge John Koeltl approved an application for Mashinsky to travel from New York to Memphis, Tennessee, between May 26 and May 29 for his daughter’s wedding. The approval was available on the public docket as of May 8, but appeared to have been removed at the time of publication.

Law, New York, Court, Crimes, CelsiusAlex Mashinsky’s request to travel for his daughter’s wedding. Source: PACER

Judge Koeltl will determine in a May 8 hearing whether Mashinsky serves prison time following a plea deal with prosecutors.

The former Celsius CEO appeared ready to go to trial in 2024 until his lawyers lost a motion to have his charges dismissed. In December, He pleaded guilty to commodities fraud and a fraudulent scheme to manipulate the price of the platform’s native token, CEL.

Related: Celsius’ Mashinsky lashes out at ‘death-in-prison sentence’

Mashinsky has been free on a $40-million bond since July 2023, with travel outside certain areas requiring court approval, such as the roughly 900-mile (1,500-kilometer) distance between New York and Memphis. At the time of publication, it was unclear if he will be expected to surrender to authorities.

Potentially facing decades in prison

Prosecutors have asked the judge to impose a 20-year sentence on the former Celsius CEO, while Mashinsky’s lawyers requested that he serve one year and one day in prison. The hearing could be a bellwether for how criminal cases involving cryptocurrency could change under the Trump administration, which appointed the interim US Attorney for the court district.

On April 17, Mashinsky’s lawyers submitted a letter from his oldest daughter in support of her father ahead of sentencing. The letter claims that Mashinsky does not deserve a “severe punishment,” writing that he “never set out to steal from anyone.” Other members of his family penned similar letters.

The same court district oversaw the sentencing of former FTX CEO Sam “SBF” Bankman-Fried, who is currently serving 25 years in prison.

Magazine: ‘Less flashy’ Mashinsky set for less jail time than SBF: Inner City Press, X Hall of Flame

Read more at cointelegraph.com

User experience could be crypto’s superpower — or its kryptonite

Opinion by Jonathan Farnell, CEO of Freedx

It’s 2025, and over 560 million people worldwide are already using cryptocurrency — roughly 17 times the population of Tokyo. That’s a vibrant community, yet for every user who’s embraced it, billions more stand on the sidelines, put off by the complicated interactions and clunky interfaces of protocols, platforms, decentralized apps (DApps), and mobile applications. Why? Blockchain technology offers game-changing potential — decentralized ownership, secure trades — but let’s face it: Most people still find it intimidating, risky, and confusing. User experience (UX) might just be the deciding factor in whether cryptocurrency achieves mass adoption or remains a niche segment.

Take complexity. A 2024 Chainalysis report pointed out that 43% of would-be crypto users shy away from the technical tangle of private keys and gas fees. Have you ever lost a seed phrase? You’re not alone. More than $200 billion in crypto has been lost forever because of it. That’s not just a statistic — it’s a gut punch for someone who thought they’d unlocked the future of finance. Streamlining this chaos could fling open the doors to 5 billion internet users, pushing crypto’s $2.91 trillion market cap, as reported by Cointelegraph, into the stratosphere — potentially reaching $4 trillion in the second quarter of 2025.

From headaches to high fives

Many decentralized finance (DeFi) apps currently feel like a hacker’s playground — all data and API integrations, but nothing intuitive that speaks to an ordinary person. Simply swapping cryptic jargon for plain English would be a solid start. Consider swapping “gas fees” to “transaction costs.” Those 12-word seed phrases send users into panic mode, but a familiar gear icon for settings could put users’ minds at ease. Suddenly, managing a wallet isn’t a high-stakes game anymore. It’s just another tool.

This isn’t about dazzling users with blockchain’s inner workings. Most people don’t care about the tech under the hood, just like they don’t ask whether their favorite app runs on AWS or Google Cloud. Blockchain isn’t a shiny new internet. It’s infrastructure — powerful, but invisible, when done right. Users want solutions — quick payments, secure savings, and easy access. Streamlined experiences could draw in everyday folks — retirees sending cash to grandkids, small business owners managing cash flow — expanding cryptocurrency’s reach. It’s about turning a daunting process into something approachable, paving the way for broader economic effect. 

Build confidence through clarity

Trust is another sticking point. Transactions can feel uncertain, with phishing scams and tales of lost savings heightening unease. Vague error messages like “transaction failed” frustrate users, but specific feedback — “insufficient funds, please top up your balance” — offers reassurance. Guides on staying secure and pre-set options to avoid errors can make the system feel reliable, not reckless. When technology fades into the background, confidence takes center stage.

Design quality shapes perceptions, too. Unpolished interfaces raise doubts about credibility, especially for those accustomed to refined digital tools. Clean, professional layouts signal trustworthiness, while clear benefits — faster payments and control over data — make the case compelling. This shift could reposition cryptocurrency as a practical alternative, not a gamble. It’s not about buzzwords like “trustlessness” or “censorship resistance.” Most users don’t lose sleep over those ideals. They care about quality, ease, and value, not the blockchain badge.

Adoption depends on usability

Cryptocurrency could reshape how people trade, save, and connect — growing from 617 million users to billions. Success hinges on accessibility. Platforms that prioritize straightforward design already see more engagement and trust, driving market potential into the trillions, rivaling traditional finance. Poor usability, though, risks leaving this vision unrealized. The promise of self-custody or transparency won’t lure the masses if the experience feels like a chore.

Recent: Stop making crypto complex

Challenges like regulation and old habits persist, but confusing experiences remain the most significant barrier, keeping everyday users at arm’s length. Blockchain’s promise is real, yet its breakthrough relies on design that feels human and dependable. People don’t adopt tools because they’re built on cutting-edge tech. They adopt tools because they solve real problems — cheaply, simply, and reliably. Cryptocurrency stands ready to expand — it needs to meet people where they are, not where the tech wants them to be.

Focus on benefits, not features, and the market could soar. Consider a freelancer who is paid instantly across borders or a parent gifting digital cash without a hitch. That’s what hooks users — not the mechanics of account abstraction or zero-knowledge proofs. Platforms that nail this could turn crypto into a daily staple, boosting adoption and market value. Exchanges leading the charge with intuitive design already prove it: Usability drives growth. Cryptocurrency’s future isn’t about preaching blockchain’s brilliance — it’s about making it so seamless no one even notices it’s there.

Opinion by Jonathan Farnell, CEO of Freedx.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Read more at cointelegraph.com

Beyond digital gold, Bitcoin’s next chapter is about to be unlocked — Dan Held

Bitcoin (BTC) has long been branded as “digital gold,” a store of value for believers in scarcity, decentralization and self-sovereignty. As institutional interest grows, geopolitics shift, and new layers emerge on Bitcoin’s stack, is it time for the narrative to evolve? 

In this episode of The Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson speak with longtime Bitcoiner and entrepreneur Dan Held, who argues that Bitcoin’s next chapter may unlock broader functionality, from programmable use cases to more nuanced messaging that reaches far beyond crypto-native circles.

Political shifts

With US President Donald Trump openly backing Bitcoin — and reportedly owning it himself — Held said he sees a regulatory and reputational change. 

“We have the most open administration toward Bitcoin in the United States,” he said. 

“It kind of feels weird… Normally in the press, Bitcoin mining is destroying the environment. It’s being used by money launderers… And instead, you’ve got the president encouraging Bitcoin.”

Held traced Bitcoin’s unlikely rise through moments of adversity, from China’s mining crackdowns to the Biden administration’s strict approach to crypto banking. Yet despite those challenges, roughly 25% of Americans now own Bitcoin, he said.

DeFi on Bitcoin

What comes next may push the asset into a new phase. Held and Jenkinson are proponents of building decentralized finance (DeFi) tools on top of Bitcoin, functionalities traditionally associated with blockchains like Ethereum or Solana.

“If we could bring [DeFi] back to Bitcoin, then Bitcoin could utilize not just spot speculation… but these other speculative games then would allow bitcoin to grow even faster.” 

That includes borrowing, lending, and staking, all mechanisms that allow users to interact with Bitcoin beyond simple holding or trading.

Related: How crypto payments can become the new ‘tap-and-go’ — Pulsar co-founder

Jenkinson echoed the potential, highlighting a shift in attitude: “If you can use [Bitcoin] and bring DeFi to it, you’re basically allowing people to use digital gold as the underlying asset… It’s a very hard thing to do, because most hardcore Bitcoin maximalists don’t want people to give up their Bitcoin for something else.”

That tension between so-called “Bitcoin puritans” and more moderate voices is not new, Held noted. He recounted the 2017 Bitcoin Cash fork, describing it as “a civil war… brother against brother.” But unlike that contentious split, today’s evolution is happening without rewriting Bitcoin’s base rules. “No one’s proposing to change the rules of Bitcoin,” Held said. “This is innovation built on top.”

To hear the full conversation on The Clear Crypto Podcast,  listen to the full episode on Cointelegraph’s Podcasts page, Apple Podcasts or Spotify. And don’t forget to check out Cointelegraph’s full lineup of other shows! 

Magazine: ZK-proofs are bringing smart contracts to Bitcoin — BitcoinOS and Starknet

Read more at cointelegraph.com

Coinbase to acquire options trading platform Deribit for $2.9B

Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms.

Coinbase Global will acquire Deribit for about $2.9 billion, the exchange announced on May 8.

The acquisition will allow Coinbase to expand into the profitable crypto derivatives market and continue scaling the platform’s global growth, Greg Tusar, Coinbase’s vice president of institutional product, said in the announcement.

“With Deribit’s strong presence and professional client base, Coinbase is making its most substantial move yet to accelerate our international growth strategy,” he said.

Coinbase, Cryptocurrencies, Investments, Brian Armstrong, Cryptocurrency Exchange, Trading, Bitcoin Options, Ethereum Options, CompaniesSource: CoinbaseDeribit founders to step away

Following the deal’s success, expected later in 2025, Deribit founders John and Marius Jansen will step away from the firm. Their exit would mark the end of the joint venture that began in 2014, Deribit said in a statement on Thursday.

Until the deal is closed later this year, pending regulatory approvals, Deribit will continue its business as usual. “Same platform, same team, same commitment to excellence,” the announcement noted.

Coinbase, Cryptocurrencies, Investments, Brian Armstrong, Cryptocurrency Exchange, Trading, Bitcoin Options, Ethereum Options, CompaniesSource: Deribit

“We’re excited to join forces with Coinbase to power a new era in global crypto derivatives,” Deribit CEO Luuk Strijers said, adding:

“As the leading crypto options platform, we’ve built a strong, profitable business, and this acquisition will accelerate the foundation we laid while providing traders with even more opportunities across spot, futures, perpetuals, and options — all under one trusted brand.”

The announcement also mentioned that integrating Deribit’s technology with Coinbase’s products will enable “more efficient onboarding, enhanced fiat rails, and capital efficiency across the entire trading lifecycle.”

Deal follows reports of Dubai regulatory steps

The $2.9 billion deal includes $700 million in cash and 11 million shares of Coinbase Class A common stock, subject to customary purchase price adjustments.

“This transaction is subject to regulatory approvals and other customary closing conditions and is expected to close by year-end,” the announcement said.

Previous reports in March suggested that Coinbase and Deribit had alerted regulators in Dubai about the potential deal, as Deribit holds a license in Dubai, which would need to be transferred to Coinbase if the deal is successful.

Related: Ripple $4B–$5B bid to purchase Circle rejected — Report

The reports also previously suggested that a deal with Coinbase could value Deribit at between $4 billion and $5 billion.

Coinbase’s Deribit acquisition marks a growing trend of large acquisitions in the cryptocurrency market. On May 1, rival exchange Kraken officially announced it was finalizing the acquisition of the derivatives trading platform NinjaTrader to offer futures trading.

Kraken previously said it entered into an agreement to acquire NinjaTrader for $1.5 billion, subject to certain purchase price adjustments.

Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

Read more at cointelegraph.com

Browser-based crypto mining in 2025: Still viable or virtually dead?

Key takeawaysAfter the shutdown of Coinhive in 2019, browser mining has made a comeback with new tools like CryptoTab Browser, Pi Network and YouHolder.Mining with a browser can cost more in electricity than the crypto earned, especially for users with mid-range devices.Despite being less energy-intensive than ASIC farms, browser mining still adds up in terms of cumulative power draw and puts a strain on your device’s hardware.Browser mining is evolving with the help of WebAssembly (Wasm), improving script efficiency and creating a smoother user experience. 

Browser-based crypto mining sounds like a dream: Just open a webpage, let it run, and your computer starts earning crypto in the background. No bulky ASICs, no GPU farms, no long setup tutorials — just your browser doing the heavy lifting.

The idea blew up in the late 2010s with tools like Coinhive, which let website owners mine Monero (XMR) using JavaScript. At first, it seemed like a clever alternative to ads; visitors donated a bit of unused CPU power, and websites earned crypto. 

But then came cryptojacking. Sites began running these scripts without user permission, draining resources and slowing down devices. In 2019, Coinhive shut down, citing shrinking returns and mounting scrutiny.

Now, in 2025, browser crypto mining is making a low-key comeback. New tools, new rules and a fresh generation of crypto users are reviving the concept. But is it worth it or just a relic of crypto’s scrappier past?

Let’s break down where things stand today.

Did you know? In 2018, Coinhive was responsible for approximately 1.18% of all Monero blocks mined.

What’s the status of browser-based crypto mining in 2025?Active platforms

The biggest name in browser crypto mining today is CryptoTab Browser. It’s a Chromium-based browser with a built-in mining feature that lets users passively earn Bitcoin (BTC). It also offers tools like Cloud Boost to multiply earnings and a mining pool for better efficiency.

CryptoTab Browser

Meanwhile, mobile-first platforms like Pi Network and YouHolder cater to users who want to mine via smartphones — or at least simulate the process while collecting rewards. These platforms blur the line between real mining and gamified engagement, but they’ve drawn millions of users, especially in emerging markets.

YouHolder's Cloud Miner

Supported coins

Monero is still popular for browser mining; its RandomX algorithm is CPU-optimized and ASIC-resistant, which means regular computers can handle it. CryptoTab, meanwhile, focuses on Bitcoin, though it uses a form of pooled hash power to make it viable through a browser interface, though its efficiency and profitability are often debated due to Bitcoin’s high mining difficulty and reliance on specialized hardware.

Who is mining crypto via browsers?

The browser mining audience today is surprisingly broad:

Casual users: People who like the idea of passive income without much commitment.Newcomers to crypto: Those testing the waters without risking capital.Crypto-curious users: Folks who want to earn something on the side while they browse.

Browser mining won’t make you rich — let’s be clear. But it does lower the barrier to entry, especially for users in lower-income regions or without access to advanced hardware.

Did you know? Some browser-based mining scripts have been designed to continue operating even after a user closes the browser tab by opening hidden windows that persist in the background.

Is browser mining profitable in 2025?

Short answer: not really. It’s more about novelty or experimentation than making serious money.

Mining in a browser might get you a few cents’ worth of crypto per day, but only if you leave your computer running non-stop. And that leads to two problems: electricity costs and hardware stress. Over time, those costs can far outweigh the value of the crypto you earn.

For example, in the US, the average residential electricity rate is about $0.15 per kilowatt-hour. Leaving a mid-range laptop mining all day could consume roughly 0.1–0.2 kWh per hour — that’s over $10 per month in electricity for maybe a dollar or two in mined crypto. And you’re putting constant load on your CPU.

Compared to other methods

Browser mining can’t hold a candle to GPU or ASIC setups. A modern ASIC miner like the Antminer S19 Pro churns out up to 110 terahashes per second (TH/s) — that’s several orders of magnitude higher than what a browser script can deliver.

A small ASIC mining farm

Cloud mining, on the other hand, lets users rent mining power from remote farms. It’s more efficient and hands-off but also comes with subscription fees and mixed reputations. At least with browser mining, you’re only risking your own device and electricity bill.

Did you know? In 2025, some cloud mining platforms have integrated artificial intelligence to optimize mining operations, enhancing efficiency and profitability for users without requiring direct hardware management.

Environmental footprint

While it consumes less power than an ASIC farm, browser mining still adds up. Thousands of users mining inefficiently on personal devices generate a surprisingly high cumulative power draw.

That’s why most efforts to make crypto mining greener — like using renewable energy or optimizing ASIC efficiency — haven’t trickled down to the browser level. If you’re eco-conscious, browser mining isn’t the cleanest option out there.

What’s next for browser crypto mining?Tech upgrades

WebAssembly (Wasm) has boosted what browsers can do, including mining. It allows faster, more efficient script execution, meaning browsers can now run lightweight mining scripts without wrecking user experience.

Platforms like CryptoTab have also improved their UX, integrating features like built-in VPNs and ad blockers. This is an effort to make mining feel more like a bonus and less like a burden.

Some decentralized finance (DeFi) projects, such as Ore, are even experimenting with combining browser mining and decentralized finance. It’s the early days, but the potential is there to let users contribute computing power and earn rewards while interacting with decentralized applicatioins (DApps) — all within a browser tab.

Market and regulation

In 2025, global crypto adoption has been growing, but so is regulatory scrutiny. In the US, the SEC is pushing for clearer guidance, which may eventually affect how browser-based mining tools are classified or taxed.

Elsewhere, countries like Kuwait have cracked down on mining altogether, citing energy shortages. Local regulations will play a huge role in determining where and how browser crypto mining can survive.

Alternative use cases

Mining isn’t the only game in town. Brave browser, for example, lets users earn Basic Attention Tokens (BAT) just by viewing ads, which can be used within the Brave ecosystem or exchanged. It’s not mining, technically, but it’s another way to earn crypto passively through browsing.

In the DeFi world, there’s potential to connect browser mining with yield farming or liquidity mining. Imagine earning a trickle of tokens just by keeping your browser open and interacting with onchain applications. It’s early, but real experiments are underway.

Here’s an example of how you can use BAT earned from viewing ads and channel them into DeFi for additional returns:

You transfer your earned BAT to a decentralized exchange (DEX) like Uniswap, a leading DeFi platform for liquidity mining.On Uniswap, you pair your BAT with another token — e.g., Ether (ETH) or a stablecoin like Tether’s USDt (USDT) — to provide liquidity to a BAT/ETH or BAT/USDT pool. This involves depositing equal values of both tokens into the pool, receiving LP (liquidity provider) tokens in return.You stake these LP tokens in Uniswap’s liquidity mining program (or a similar protocol like SushiSwap) to earn rewards, which may include a share of trading fees (typically 0.3% per trade) and potentially additional UNI (UNI) or other governance tokens as incentives.To maximize returns, you could take your LP tokens and stake them on another DeFi platform, like Yearn.finance, which algorithmically seeks the highest yield opportunities across protocols. For example, Yearn.finance might stake your Uniswap LP tokens in a pool offering 10%-20% APY, compounding your returns.Alternatively, you could use a yield aggregator like Yield Yak on Solana, which auto-compounds rewards to boost earnings.

However, be aware that in liquidity mining, price fluctuations between paired tokens (e.g., BAT/ETH) can lead to losses compared to holding the tokens outright. Also, the value of earned tokens (BAT, UNI, etc.) and DeFi rewards can fluctuate (market volatility), impacting overall returns.

Is browser-based crypto mining worth it?

So, is browser mining dead in 2025? Not quite, but it’s no gold rush either.

It’s a fringe activity, appealing to newcomers, tinkerers and anyone curious about crypto’s more obscure corners. With better tech and clearer ethics than in the Coinhive days, it’s no longer a threat — just a slow, modest way to dip your toes in.

If your goal is to understand crypto without buying in, browser mining still has a role to play.

Read more at cointelegraph.com