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Monthly archives: May 2025
XRP Price Suppressed By ‘Dark Pools,’ Crypto Pundit Claims
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies …
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Code Wars: Cardano Claims The Crown From Ethereum In Core Development
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies …
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XRP traders predict new all-time highs as ETF approval odds rise to 85%
Key takeaways:XRP ETF approval odds rise to 85% following a SEC leadership change.Analysts predict XRP could rise to new all-time highs again in 2025.XRP price dropped by 5% over the past 24 hours as US GDP data showed a shrinking economy. However, a strengthening market structure and investors’ growing hope for a spot XRP ETF …
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Robinhood beats Q1 estimates despite revenue, crypto trading dip
Trading platform Robinhood has still managed to beat Wall Street estimates as its first-quarter revenues fell and its crypto trading volume cooled from a record high in Q4.Robinhood’s Q1 results shared on April 30 show revenues fell 8.6% from the previous quarter to $927 million, topping Zacks analyst estimates by 3.16%.The company’s crypto revenue plummeted …
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Solana futures open interest nears all-time high — Will SOL price follow?
Key points:Solana held the $140 support level for a week, a first in more than two months, highlighting traders’ growing confidence.SOL futures open interest hit $5.75 billion on April 30, showing strong institutional interest.With rising DEX volumes and a $9.5 billion TVL, SOL could rally to $200 before a potential spot ETF approval on Oct. …
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Ethereum bulls show interest as traders’ confidence in ETH’s $1.8K level improves
Key takeaways:Traders remain cautious about ETH’s price action, but optimistic sentiment is beginning to return.The May 7, Ethereum Pectra upgrade could boost investor sentiment, but ETH’s price action shows investors are still hesitant to open new positions.Ether (ETH) has been trading below $1,900 since March, leading investors to question whether the failed attempt to reclaim …
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Crypto Giant Galaxy Digital Announces Plans to Go Public on Nasdaq
Crypto asset management firm Galaxy Digital has announced plans to go public on the Nasdaq stock exchange. Galaxy Digital chief executive and founder Mike Novogratz says the firm plans to go live on the Nasdaq as soon as May 16th, but notes that shareholder approval is still needed. “Excited to share that Galaxy plans to …
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Global demand grows for non-dollar stablecoins, says Fireblocks exec
According to Fireblocks policy chief Dea Markova, more countries are pushing for alternatives to US dollar stablecoins: “It’s all about sovereignty.” Governments outside the US, including Singapore, are increasingly interested in stablecoins not tied to the US dollar, despite their currently limited liquidity, Fireblocks director of policy Dea Markova told Cointelegraph at Token2049. In an …
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Investors increase crypto allocations to yearly highs, Bitcoin leads the accumulation
Investor portfolio allocations to crypto have reached a yearly high of 1.8% as of April 29, according to a recent report published by CoinShares. The report attributed the increase to recent price movements and improving sentiment in the crypto market. Its findings are based on survey data and supporting 13F filings, offering a position snapshot of …
Vitalik Buterin outlines bold Ethereum goals for 2025 as user engagement peaks
Ethereum co-founder Vitalik Buterin unveiled a set of ambitious goals for the network’s next phase of development, coinciding with a new milestone in ecosystem engagement. In an April 30 post, Buterin outlined key areas of focus for 2025, including faster transaction finality, stateless client architecture, enhanced privacy features, and stronger decentralization across the stack. Buterin’s …
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Ripple’s reported $5 billion offer for Circle rejected as too low
Ripple has proposed a takeover of Circle, offering between $4 billion and $5 billion to acquire the stablecoin issuer, Bloomberg News reported on April 30, citing sources familiar with the matter. Circle rejected the bid because it was too low, and no final decision has been made on whether Ripple will submit another offer. The …
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Solana Policy Institute, Superstate, and Orca seek SEC approval for securities trading on public blockchains
A coalition led by the Solana Policy Institute, decentralized exchange Orca, and registered investment adviser Superstate has filed a request with the US Securities and Exchange Commission (SEC) to launch a pilot program for the issuance and secondary trading of securities on public blockchains. The April 30 filing proposes that the SEC grant exemptive relief …
Coinbase urges Supreme Court to block IRS crypto data grab to preserve constitutional privacy
Coinbase has filed an amicus brief with the US Supreme Court supporting a constitutional challenge to the Internal Revenue Service’s (IRS) broad collection of cryptocurrency user data, arguing it violates Fourth Amendment protections. The filing, submitted on April 30, outlines the company’s opposition to an IRS John Doe summons that compelled the disclosure of detailed …
ZachXBT tracks $330M Bitcoin stolen in social engineering scam from elderly American
Blockchain sleuth ZachXBT revealed that the victim of the recent theft of $330 million in Bitcoin (BTC) was an elderly American citizen who was targeted by a social engineering attack. The exploit marks one of the largest known crypto thefts from an individual. ZachXBT traced the stolen 3,520 BTC, worth approximately $330 million, to a suspicious …