TLDR ETH price has reclaimed the $1,817 level on May 1, 2025, after dropping to $1,737 on April 30 Ethereum’s Pectra upgrade is scheduled for May 7, bringing 11 Ethereum Improvement Proposals Technical indicators show a potential bullish momentum with a Dragonfly Doji pattern forming Breaking the $2,200 level could trigger a rally toward $4,000, …
Continue reading “Ethereum (ETH) Price: Recovery to $1,817 After April 30 Low of $1,737”
Japanese Bitcoin investment firm Metaplanet is entering the US market with the launch of Metaplanet Treasury Corp., a wholly-owned arm based in Florida. According to a May 1 statement, the firm said the move signals a major step in its strategy to grow its global presence and deepen its role in the Bitcoin ecosystem. Metaplanet …
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Binance BNB Chain’s stablecoin reserves expanded sharply this week, adding more than $2 billion in value following the debut of USD1, a politically branded dollar token issued by World Liberty Financial. DefiLlama data shows that the chain’s stablecoin market capitalization surged 30% over the past seven days to reach $9.26 billion. That gain narrowed the …
Continue reading “Stablecoin supply on Binance’s BNB Chain explodes 30% due to USD1’s $2.1B launch”
World, formerly known as Worldcoin, has officially launched its identity verification platform in the United States, according to an April 30 statement. The blockchain-based project enables users to confirm their humanity using a World ID, which can now be verified at dedicated centers in six key cities, including Atlanta, Austin, Los Angeles, Miami, Nashville, and …
Robinhood’s first-quarter results marked a revival in retail crypto trading, with the platform’s crypto revenue doubling year-over-year to $252 million. This surge contributed to a 77% increase in transaction-based revenue, underlining the growing role of individual traders in the market’s latest chapter. Retail-driven activity powered Robinhood to its strongest quarter as mainstream investors reengaged amid …
Grayscale has rolled out a new exchange-traded fund that gives investors access to companies adopting Bitcoin as part of their treasury strategy. The fund, named the Grayscale Bitcoin Adopters ETF (BCOR), was announced on April 30 and reflects the asset manager’s continued push into Bitcoin-themed investment products. According to Grayscale, BCOR tracks the Indxx Bitcoin …
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The Wall Street Journal reported that Tesla’s board had initiated a search for a new CEO to replace Elon Musk, citing sources familiar with discussions that began in March due to Musk’s focus on his role in the Trump administration’s Department of Government Efficiency (DOGE) and Tesla’s declining stock price and sales. The report noted …
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The bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing key expansion initiatives. Strategic Shift: Blockstream Carves out Mining and Hardware Divisions Bitcoin infrastructure firm Blockstream has announced that it will spin out its mining and ASIC divisions, establishing them as independent companies as part …
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World, formerly Worldcoin, announced its expansion into the United States, launching operations in six major cities: San Francisco, Los Angeles, Atlanta, Austin, Miami, and Nashville. The initiative, led by Tools for Humanity and co-founded by Sam Altman, opened flagship retail locations where individuals can scan their irises using Orb devices to create a World ID, …
MEXC COO Tracy Jin spoke about the exchange’s $30 million Web3 talent initiative, aimed at supporting blockchain innovation globally. She also discussed the rising risks in real-world assets (RWA) tokenization, shifting bitcoin sentiment, and how MEXC is positioning itself amid evolving regulatory shifts. MEXC COO Tracy Jin Talks Web3 Talent, Ecosystem Growth, and the Shifting …
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The Stacks Asia DLT Foundation has partnered with EVG and Aspen Digital to accelerate the adoption of Stacks, the bitcoin layer two (L2) protocol, across Asia by tapping into high-growth markets, institutional networks, and localized outreach. New Alliance Aims to Ramp Up Bitcoin Adoption in Asia In a strategic move to deepen its reach across …
Ripple has reportedly made a strategic acquisition attempt targeting competitor Circle Internet Group, offering between $4 billion and $5 billion. However, insiders revealed the offer was dismissed for undervaluing Circle. Despite Ripple’s continued interest, a follow-up bid remains uncertain. Meanwhile, Circle is pushing ahead with plans for an initial public offering filed earlier this month. …
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Macro investor and fund manager Dan Tapiero believes that Bitcoin (BTC) is gearing up for explosive rallies as macroeconomic conditions worsen. In a new post, Tapiero tells his 129,100 followers on the social media platform X that Bitcoin may soar more than 90% of its current value due to likely Fed rate cuts to boost …
As Ethereum continues to evolve, key upgrades like Pectra, Fusaka and Glamsterdam are driving improvements in global usability, layer-2 synergy and long-term resilience. Ethereum upgrades are essential to scale, secure and evolve the network without compromising its decentralized foundation. Ethereum still stands as the heavyweight of smart contract platforms, but staying on top means relentless …
Continue reading “Vitalik Buterin’s vision for Ethereum: Pectra, Glamsterdam and beyond”
A group of nearly 30 crypto advocate groups has asked the SEC to provide legal clarity on crypto staking, arguing that it’s not an investment activity. Nearly 30 crypto advocate groups led by the lobby group the Crypto Council for Innovation (CCI) have asked the Securities and Exchange Commission for clear regulatory guidance on crypto …
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