Invest ideasNews
18 May 2026, 23:44
Galaxy Digital secures rare New York crypto license to tap US's largest institutional market
Galaxy Digital has secured one of the most difficult crypto approvals in the US after receiving a BitLicense and a Money Transmission License from the New York State Department of Financial Services. The approval allows the company to directly offer digital asset trading and custody services in New York through its subsidiary, GalaxyOne Prime NY . The move is important because New York is considered the biggest hub for institutional capital in the country, giving Galaxy access to major investors, hedge funds, and businesses looking to enter the crypto market under a regulated framework. Why is the New York BitLicense such a big deal? In the US, the BitLicense has generally been one of the strictest crypto regulatory approvals . Since the New York State Department of Financial Services issued this initiative in 2015, companies seeking such licenses have faced cumbersome regulations on anti-money laundering controls, cybersecurity systems, compliance procedures, and capital requirements. The hard law has led to only a few successful crypto companies (due to the strict rules) obtaining licenses over the years. Galaxy has now become part of a small list of companies approved to operate crypto services legally in New York. The approved service, GalaxyOne Prime NY, will offer trading and custody services to residents, institutions, and businesses in the local region. Custody systems also play a key role for institutional investors; secure storage systems are essential for digital assets before many are funded with large capital. New York, says Galaxy founder and chief executive Mike Novogratz, has the “deepest pool of institutional capital” in the United States. He added that digital assets were no longer marginalized in investors’ portfolios and that Galaxy would now have the opportunity to address institutions’ needs in the state directly. The new green light bolsters the company’s global regulatory profile, it announced, which now includes more than 50 licenses worldwide. Galaxy has about $9 billion in client assets across its digital asset business. Institutional crypto demand continues to grow Galaxy’s approval comes as institutional interest in crypto expands in the United States. Several large asset managers, hedge funds, and traditional financial firms have steadily increased their holdings and exposures to digital assets, especially after the approval of spot Bitcoin exchange-traded funds in the US. New York is still an important market as many of the nation’s largest financial institutions are based there. For crypto companies, access to the state gives the impression that they are more credible and have stronger compliance standards. Only a few companies have received BitLicenses recently. Earlier this year, the Bitcoin payments company founded by Jack Mallers, Strike , got approval in March. In 2025, only two companies, MoonPay and Bullish, were awarded BitLicenses. The small number of approvals indicates just how selective New York regulators remain when evaluating crypto companies. Many companies have avoided entering the state in the past due to the exorbitant compliance costs and the lengthy approval process associated with the BitLicense. What does this mean for Galaxy Digital? For Galaxy Digital, the approval could strengthen its position in the emerging institutional crypto market. As part of its growing institutional crypto market, such a regulation also enables Galaxy Digital’s growth in its existing services as it continues to expand into asset-centric digital products, such as trading, asset management, investment banking, and custody solutions for digital assets. With access to New York clients directly on its doorstep, Galaxy can compete more aggressively with crypto-native newcomers on both sides of the market as traditional financial institutions shift the market landscape. Firms with strong regulatory approvals are likely to see an edge as larger investors move on towards new ways of participating in the market that are more secure and regulated. For it may indicate, more generally, changes in its sector, as firms increasingly emphasize obtaining licenses and cultivating relationships with regulators to expand into New York City. Where some crypto companies have previously balked at tight state rules, others now view regulatory approval as a key to accessing institutional capital and sustained growth. With more and more institutional money pouring into digital assets, New York crypto is likely to remain a fiercely competitive space. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
18 May 2026, 23:40
Retail Bitcoin investor demand falls by 73% as futures selling tops $2B: Are the bears back?
Bitcoin retail inflows to Binance remained at record lows as aggressive BTC futures selling and weakening spot demand pressured BTC below $77,000.
18 May 2026, 23:31
Quantum computing may threaten 7 million BTC by 2032
🚨 Up to 7 million BTC could be vulnerable to quantum attacks by 2032. Rapid advances in quantum computing drastically shorten the crypto industry’s response time. 🧭 Critical data: Citi’s report warns urgent action in $BTC is needed to address this risk. Continue Reading: Quantum computing may threaten 7 million BTC by 2032 The post Quantum computing may threaten 7 million BTC by 2032 appeared first on COINTURK NEWS .
18 May 2026, 23:24
Crypto fraudster gets 9 years as it is still America's fastest-growing crime
Ohio resident who led a crypto investment fraud operation by collecting more that $10 million has been sentenced to nine year prison term by a federal judge. The fraud investment manager, Rathnakishore Giri will be under surveillance for another three years after his release. Court records show he lured investors by presenting himself as a skilled cryptocurrency trader who specialized in Bitcoin derivatives trading. He commited with potential investors profitable returns without any risk to their initial investment under his protection. Behind the curtains Giri had a classic pyramid scheme running. He took money from new investors to return it to previous ones. This is because he was losing all his bets were proving unsuccessful, causing loss to the people’s money. He would make false reason for refunds. In October 2024, Giri confessed to one wire fraud charge. However, he wouldn’t stop there. During the time he waited from jos sentencing hearing, he kept on with his act asking more investors for money, bringing in more victims under his web. Before Monday’s sentencing , Giri acknowledged this additional wrongdoing through an updated agreement with the Department of Justice. Court filings show Giri attracted investors by talking about his supposed wealth and expensive lifestyle. He owned two Lamborghini sports cars, a Tesla, and an Audi R8. He displayed costly watches, traveled on private aircraft, and stayed in high-end rental properties. Rather than putting all investor money into cryptocurrency trading as he had promised, Giri used some of the funds for his own spending or to pay back earlier investors, following the typical pattern of a pyramid scheme. Crypto scams hit record levels nationwide According to an FBI report crypto frauds have drained 11.4 billion from Americans last year. The report, as mentioned by Cryptopolitan previously, described these schemes as elaborate, long-running operations that use psychological tactics, false legitimacy, and the complexity of cryptocurrencies to trick victims into putting in large amounts of money. The FBI found that most crypto scams come from organized criminal groups operating in Southeast Asia. These groups often force human trafficking victims to work running the scam operations. The number of victims jumped in 2025, with 181,565 complaints involving cryptocurrency, a 21 percent increase. The average loss per case reached $62,604, showing victims typically lose substantial sums rather than small amounts. Nearly 18,600 people each lost over $100,000, suggesting many victims are losing savings and retirement money. Cryptocurrency scams now represent a major part of a broader increase in online fraud. Americans filed more than 1 million cybercrime complaints in 2025, with total losses exceeding $20.8 billion. The cryptocurrency industry is responding to the threat Binance, the largest cryptocurrency exchange by trading volume, announced that its artificial intelligence security systems stopped more than $10.5 billion in user losses from early 2025 through the first quarter of 2026. The exchange blocked 22.9 million scam and phishing attempts in just the first quarter of 2026, protecting about $1.98 billion in user money. Binance reported that fraudsters are increasingly using AI technology to launch attacks. The company said 76 percent of AI-driven scams now fall within the highest category for both size and severity. If you're reading this, you’re already ahead. Stay there with our newsletter .
18 May 2026, 23:22
Iran’s Nobitex moved $2.3 billion through crypto networks tied to Trump
Nobitex, Iran’s biggest crypto exchange, handled at least $2.3 billion on Tron and BNB Chain since 2023, based on a blockchain investigation by Reuters. The two networks were built around Justin Sun and Changpeng Zhao, two crypto billionaires who also gave early support to World Liberty Financial, the Trump family’s crypto project. The money kept running through those chains as the United States and Israel continue their war against Iran. Iranian users sent billions through chains linked to Sun and Zhao Since January 1, 2023, Nobitex handled more than $2 billion on Tron, and it also handled at least $317 million on BNB Chain, the network once known as Binance Smart Chain. Since Trump’s war started in February, at least $22.6 million passed through Nobitex on BNB Chain, while at least $550,000 went through Tron. Nobitex is used by regular Iranians and sanctioned Iranian bodies, and it is allegedly controlled by two brothers from a powerful Iranian family with ties to Iran’s new supreme leader. But Nobitex has vehemently denied direct Iranian government ties, as well as helping the state, saying that any illegal funds that passed through its platform did so without approval or knowledge from management. Nevertheless, the exchange has been a major part of Iran’s crypto rails since as far back as 2022 when $7.8 billion in crypto reportedly passed between Nobitex and Binance from 2018 to 2022. Around three quarters of that Iranian-linked activity used Tron’s cryptocurrency, as Nobitex allegedly told clients Tron-based crypto could help them trade anonymously without “endangering assets due to sanctions.” Source: Arkham Intelligence John Reed Stark, a former chief of the SEC Office of Internet Enforcement, called the use of those chains by institutions in a country at war with the United States a “dramatic irony.” He said, “The entities doing crypto financing through these platforms are the very ones that the president is trying to defeat in the war.” The White House rejected the link. Spokeswoman Anna Kelly said, “Reuters’ bizarre attempts to link President Trump to Iran’s banking system are totally laughable.” She directed questions to World Liberty Financial. A World Liberty spokeswoman said the company has no relationship with Nobitex and follows U.S. law. She said, “World Liberty does not own, operate, or control Tron in any way, and has no authority over transactions conducted on it.” World Liberty gained support from crypto figures while Iran used the same networks Ana Nicoara, a BNB Chain spokeswoman, said, “BNB Chain is a public, permissionless blockchain maintained by an independent global community of validators. It is not an exchange, not a company, and not Binance.” While a Tron spokeswoman said the network is a technology provider and cannot “monitor and investigate every user and every transaction” or stop every trade. She said Justin helped create a law enforcement program that has frozen “hundreds of millions” in funds, including assets “tied to sanctioned entities and terror financing.” Crypto exchanges like Binance let users buy and trade coins. Blockchains like Tron and BNB Chain record wallet activity on public ledgers. They host many assets, including native coins and stablecoins like Tether. The Iranian-linked activity is only a small part of total volume on both networks. Sanders and another Iran crypto specialist said Iran’s central bank used Tron and BNB Chain. The United States sanctioned the bank in 2019 over claims that it gave billions of dollars to the IRGC and Hezbollah. A January report by Elliptic and the two Iran specialists said the central bank bought more than $500 million of Tether through Tron from November 2024 to June 2025. Source: Nobitex Elliptic allegedly said that about $347 million of that amount was sent to Nobitex through Tron in the first six months of last year. The specialists said the bank also swapped the stablecoin into other coins and used other chains, including BNB Chain, before sending part of it back to Nobitex and other exchanges. Since Nobitex started in 2018, analysts estimate it has handled tens of millions to hundreds of millions of dollars linked to sanctioned wallets tied to Iran’s central bank and the IRGC. Tether said it froze several wallet addresses tied to Nobitex after Israel asked it to do so. Israel’s National Bureau for Counter Terror Financing did not comment. Tether said exchanges and platforms must handle compliance when tokens trade on secondary markets. U.S. regulators also pulled back on crypto enforcement after Trump took office. The Securities and Exchange Commission settled a fraud case against Justin in March for $10 million, with no admission of wrongdoing. The smartest crypto minds already read our newsletter. Want in? Join them .
18 May 2026, 23:18
Floki Inu price prediction 2026-2032: Can FLOKI surpass previous ATH?
Key takeaways: Floki Inu’s price prediction shows an optimistic outlook, projecting FLOKI to increase to $0.0000900 by the end of 2026. In 2029, Floki Inu is predicted to reach a maximum price of $0.0006000. FLOKI price can reach a maximum level of $0.0012000 and an average trading price of $0.0003800 in 2032. Floki Inu is a meme coin driven by its community, the Floki Vikings. Inspired by Shiba Inu, Floki Inu aims to democratize power in the crypto space, pivoting the crypto market away from traditional financial entities. The Floki project ecosystem is diverse. It includes Valhalla, a blockchain combat game that rewards players with Floki tokens, and Floki Places, a store for merchandise and NFTs where purchases can be made using Floki tokens. Additionally, Floki University provides educational resources on the cryptocurrency market and blockchain technology. The launch (June 30, 2025) of the Valhalla mainnet of opBNB, coupled with DeFi partnerships like Chainlink, collectively enhances Floki Inu’s value and future potential by driving demand and expanding its use. Having attained its all-time high of $0.0003462 on June 5, 2024, can FLOKI reach $1? Overview Cryptocurrency Floki Inu Token FLOKI Price $0.00003034 Market Capitalization $292.95M Trading Volume 30.854M Circulating Supply 9.652T FLOKI All-time High $0.0003449 (Jun 05, 2024) All-time Low $0.00000002 (Aug 08, 2021) 24-hour High $0.00002957 24-hour Low $0.00003123 Floki Inu price prediction: Technical analysis Volatility (30-day Variation) 5.14% (High) 50-Day SMA $0.00003119 14-Day RSI 40.84(Neutral) Sentiment Bearish Fear & Greed Index 28 (Fear) Green Days 13/30 (43%) 200-Day SMA $0.00003929 Floki Inu price analysis Key Insights: FLOKI is down nearly 20% from its recent local high near $0.000037. The daily MACD remains bearish, with price trading below key mid-band resistance. The 4-hour chart hints at slowing sell pressure, but no confirmed reversal has formed yet. FLOKI on the daily timeframe As of May 18, FLOKI continues to weaken after failing to hold its breakout rally above $0.000037. The token has now dropped to around $0.00003039, marking a decline of nearly 20% from the recent local peak, with bearish momentum still dominating the daily timeframe. FLOKIUSDT 1-day price chart by TradingView The price is trading below the Bollinger mid-band at $0.00003358, while MACD remains deeply bearish with expanding red histogram bars, confirming accelerating downside pressure. Consecutive red candles and lower highs further reinforce the bearish structure. Immediate support sits around $0.0000294 near the lower Bollinger Band. If that level breaks, FLOKI could slide toward the psychological $0.000028 region. For bulls to regain momentum, the token must recover above $0.0000335 and eventually reclaim the $0.000037 resistance zone. FLOKI on the 4-hour timeframe On the 4-hour chart, FLOKI remains below all major Alligator moving averages, confirming the short-term trend is still bearish. However, MACD is beginning to flatten slightly, suggesting that selling momentum may be easing after the recent steep decline. FLOKIUSDT 4-hour price chart by TradingView Price action shows weak stabilization around $0.000030, but buyers are still struggling to produce strong recovery candles. A move above $0.000031 could trigger a short-term relief bounce, while failure to hold current support may expose FLOKI to another leg lower. Floki Inu technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $0.00003226 SELL SMA 5 $0.00003220 SELL SMA 10 $0.00003253 SELL SMA 21 $0.00003143 BUY SMA 50 $0.00002983 BUY SMA 100 $0.00003094 BUY SMA 200 $0.00004209 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $0.00003232 SELL EMA 5 $0.00003230 SELL EMA 10 $0.00003216 SELL EMA 21 $0.00003147 BUY EMA 50 $0.00003088 BUY EMA 100 $0.00003383 SELL EMA 200 $0.00004304 SELL What to expect from FLOKI FLOKI remains in a bearish corrective phase across both timeframes despite signs of slowing downside momentum on the 4-hour chart. The broader structure still favors sellers unless buyers reclaim key resistance levels quickly. Is Floki Inu a good investment? FLOKI INU could be a big win or a big loss. It’s backed by a strong Floki community and consistent ecosystem developments, which can drive short-and long-term gains. But it’s risky, with price swings and unclear long-term value. Only invest if you’re comfortable with the risk. Will FLOKI reach $0.001? Expert analysis suggests that the $0.001 price point is achievable, provided utility grows and investor interest increases enough to drive FLOKI up ~18.6x its current market cap. Will Floki reach $0.01? FLOKI would need a market cap of up to $95 to $100 billion to hit $0.01, over 95x its current value. Only the top six cryptos have surpassed this level, making it a major challenge without massive growth in adoption and demand. While possible, it’s unlikely in the short term. Does FLOKI have a good long-term future? According to expert analysis, FLOKI has a promising long-term future with consistent growth potential. The coin could reach up to $0.002 within the decade. Recent news/opinion on FLOKI Floki weekly recap: This week in the $FLOKI / $TOKEN Weekly Recap: ✓ @ValhallaP2E updates ✓ Waterwells for Africa ✓ Floki MiniBot x $RICE @ InnoEX 2026 ✓ Market updates All this, and more, on Saturday, April 25, at 12 PM UTC! 👇 https://t.co/kAQr0IT18B — FLOKI (@FLOKI) April 25, 2026 FLOKI goes live on Thailand’s largest crypto exchange . $FLOKI is now listed on @BitkubOfficial , Thailand's largest crypto exchange 🇹🇭 Bitkub brings: – Over $60M in 24h trading volume – More than $1.5B in assets – A strong foothold in Southeast Asia This listing puts $FLOKI directly in front of a massive new audience in the… pic.twitter.com/ptIU3EmbZl — FLOKI (@FLOKI) April 1, 2026 Floki coin price prediction May 2026 In April 2026, Floki Inu is predicted to trade between a minimum of $0.0000220 and a maximum of $0.0000360, with an average of $0.0000285. Month Minimum Price Average Price Maximum Price May 2026 $0.00002200 $0.0000285 $0.00003600 Floki Inu price prediction 2026 By the end of 2026, Floki Inu could trade at a minimum of $0.0000150, an average of $0.0000420, and a maximum of $0.0000900. With the downtrend still intact and BTC yet to stabilize, further downside remains possible before any meaningful recovery takes hold. Floki Inu Price Prediction Minimum Price Average Price Maximum Price Floki Inu Price Prediction 2026 $0.0000150 $0.0000420 $0.0000900 Floki Inu price predictions 2026-2032 Year Minimum Price($) Average Price($) Maximum Price($) 2027 0.0000200 0.0000700 0.0001800 2028 0.0000350 0.0001600 0.0003460 2029 0.0000500 0.0002200 0.0006000 2030 0.0000400 0.0001400 0.0004500 2031 0.0000600 0.0002000 0.0007000 2032 0.0000900 0.0003800 0.0012000 Floki Inu price prediction 2027 In 2027, Floki Inu’s price prediction suggests a maximum of $0.0001800, an average of $0.0000700, and a minimum of $0.0000200. Floki Inu price prediction 2028 FLOKI’s price is predicted to trade at a minimum of $0.0000350 in 2028, with an average of $0.0001600 and a maximum of $0.0003460. The post-halving bull cycle unleashes broader meme coin rotation, and with Valhalla and FlokiFi now more mature, FLOKI has enough structural weight to push the bull case back to a retest of the 2024 all-time high. Floki Inu price prediction 2029 In 2029, FLOKI is predicted to reach a minimum of $0.0000500, an average of $0.0002200, and a maximum of $0.0006000. Floki Inu price prediction 2030 In 2030, FLOKI’s price is expected to range between a minimum of $0.0000400 and a maximum of $0.0004500, averaging $0.0001400. Floki Inu price prediction 2031 In 2031, FLOKI is predicted to trade between $0.0000600 and $0.0007000, with an average of $0.0002000. Floki Inu price prediction 2032 The Floki Inu price prediction for 2032 suggests a minimum of $0.0000900, an average of $0.0003800, and a maximum of $0.0012000. Floki Inu price prediction 2026 – 2032 Floki Inu market price prediction: Analysts’ FLOKI price forecast Firm Name 2026 2027 Changelly $0.0000750 $0.000110 CoinCodex $0.00005912 $0.0009413 Digitalcoinprice $0.0000321 $0.0000120 Cryptopolitan’s Floki Inu (FLOKI) price prediction Cryptopolitan’s price predictions for Floki Inu (FLOKI) for 2026 suggest a minimum of $0.00002302, an average of $0.0000433, and a maximum of $0.0000683. In 2029, FLOKI might peak at $0.000100; by 2032, it could reach up to $0.000150, reflecting a strong long-term growth trajectory. FLOKI historic price sentiment Floki Inu price history by Coingecko From late 2021 to 2023, Floki experienced significant volatility. After reaching an all-time high of $0.0003437 in late 2021, prices fluctuated throughout 2022, ranging from $0.0001004 to $0.0005815. In early 2023, the price surged but corrected by March, stabilizing around $0.0003143 by April and closing the year at $0.0003502. Floki experienced sharp price swings in 2024, rising significantly in January and February before dropping in March, May, June, and July. By August, it rebounded to $0.000400876 but remained highly volatile. In September, it traded between $0.0001355–$0.0001516; October saw $0.0001313–$0.0001355, November ranged from $0.000141–$0.0001919, and December ended between $0.00014528–$0.00028408. In 2025, Floki Inu opened trading at $0.000177, peaked at $0.0002069 in January, and dipped to $0.0000529 at the start of March. Floki Inu regained momentum in the following months, reaching a high of $0.00009495 in April and $0.0001233 in May. The coin maintained a price range of $0.00005973 – $0.00009823 in June, and in July, FLOKI saw a high and low of $0.00015586 and $0.00007002, respectively. August brought highs and lows of $0.00012353 and $0.00009065, and in September, FLOKI traded at an average $0.00008373. In November 2025, Floki traded between $0.00004371 – $0.00006680, and in December, the coin traded between $0.00003788 – $0.00005269. In January 2026, Floki maintained a trading range of $0.00003764 and $0.00006152, and in February, it traded between $0.00002638 and $0.0000392. In March, the coin traded between $0.00002681 and $0.00003081, and in April, it maintained an average price of $0.000026. At the start of May, FLOKI is trading between $0.0003171 and $0.00003248.
