The U.S. economy added a higher-than-expected 177,000 jobs in April, sparking a rally in traditional markets as bitcoin climbed closer to $98K. Strong Employment Figures Push Bitcoin Toward $98K Threshold The U.S. Department of Labor surprised bearish economists when it published its highly anticipated jobs report on Friday, showing a stronger-than-expected 177,000 jobs added to …
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Digital assets edged higher Friday in step with U.S. equities, buoyed by hints that Washington and Beijing are dialing back their trade spat. The sector’s total capitalization has touched $3.03 trillion, and bitcoin is fetching $97,938 per coin. Fed in Trump’s Crosshairs Again—Markets Surge on Job Data and Trade Hopes Wall Street is on a …
Key takeaways:BTC hit $97,900 due to soaring institutional investor demand, but futures pricing shows traders aren’t confident in a sustained rally.Macroeconomic risks and global trade tensions cap bullish sentiment despite $3.6 billion in spot BTC ETF inflows.BTC options lean bullish, suggesting big players expect upside, but their caution keeps leverage use low.Bitcoin (BTC) broke out …
Senator Cynthia Lummis and at least one other Republican in Congress are reportedly critical of US President Donald Trump for offering the top holders of his memecoin a dinner and White House tour. According to a May 2 CNBC report, Lummis said the idea that the US president was offering exclusive access to himself and …
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The deputy director of the Central Intelligence Agency (CIA) says that the law enforcement and intelligence community can use crypto to track down US adversaries and disrupt their activities. In an interview with crypto bull and influencer Anthony Pompliano, Michael Ellis says that Bitcoin (BTC) and other cryptocurrencies have potential uses amid views that bad …
A closely followed crypto analyst says that Bitcoin (BTC) is gearing up to skyrocket as market sentiment improves. In a new thread, pseudonymous crypto trader Dave the Wave tells his 152,600 followers on the social media platform X that, due to its status as an alternative currency or a digital form of gold, the crypto …
The Solana (SOL) competitor Sui briefly ticked up in price on Thursday after news broke that the crypto exchange-traded fund (ETF) provider 21Shares filed for a spot SUI ETF in the US. SUI was trading around $3.56 prior to the announcement and jumped to a high of $3.75 a few hours later, an increase of …
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Great Britain’s finance ministry is aiming to restrict credit card usage when buying crypto. According to a new Reuters report, the Financial Conduct Authority (FCA) aims to cut down on “bad actors” while simultaneously supporting legitimate projects. “We are considering a range of restrictions, including restricting the use of credit cards to directly buy cryptoassets, …
Cannes, the French city famous for hosting the Cannes Film Festival, is said to be a top tourist destination for festivals and events. Merchants in Cannes, France, the site of the international Cannes Film Festival, are set to begin accepting crypto payments by summer this year in an effort to attract clientele with high disposable …
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Actor Ben McKenzie said he had spoken with Sam Bankman-Fried before the collapse of FTX and Alex Mashinsky before Celsius Network filed for bankruptcy. Ben McKenzie, an actor known for his roles on television shows including Gotham and The OC, will make his directorial debut in a scathing documentary about cryptocurrency. According to an April …
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One analyst predicts Bitcoin price will hit $135,000 in the next 100 days if certain macroeconomic conditions remain consistent. Key Takeaways: Analyst predicts a low VIX ( Bitcoin network economist Timothy Peterson raised Bitcoin’s (BTC) chances of hitting a new high in 100 days, and he maintains an optimistic outlook in 2025. Read more Go …
Non-crypto native users comprise about 80% of participants in the decentralized physical infrastructure network. XYO Network has onboarded more than 10 million nodes to its decentralized physical infrastructure network (DePIN), co-founder Markus Levin told Cointelegraph in an interview. The nodes mostly comprise human users who provide data in exchange for rewards via the network’s mobile …
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The company behind the largest stablecoin by market cap raked in substantial gains in the first quarter of 2025. In a statement issued following the publication of its Q1 2025 attestation, Tether says it generated over $1 billion in operating profit from traditional investments between January and March this year. The stablecoin issuer credits the …
Bitcoin joins stocks in preserving modestly higher levels on the day, while US nonfarm payrolls data shows the labor market “holding up” better than expected. Key points: The US labor market is “still holding up” as nonfarm payrolls data comes in higher than expected. Bitcoin and stocks head higher as US President Donald Trump repeats …
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While optimists are speculating on Ether’s bottom coming soon, US SEC-registered adviser Two Prime argued that its risk-reward is now unjustifiable compared to Bitcoin. As Ether’s price has struggled in the first quarter of 2025, a US-based investment adviser firm, Two Prime, has dropped support for ETH and adopted a Bitcoin-only strategy. After lending $1.5 …
Continue reading “Ether more ‘like a memecoin,’ says trading firm as ETH drops 45% YTD”
