The impact of positive Bitcoin-related legislative and regulatory progress finally trickles down to BTC price as the top cryptocurrency rallies above $101,000. 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. Read moreContinue Reading
A March social media post announcing the president’s plans for a strategic crypto reserve reportedly came from an employee of a lobbying firm tied to Ripple Labs. US President Donald Trump was reportedly manipulated by a lobbyist tied to Ripple Labs into announcing the XRP token would be part of his plans for a national...Continue Reading
The GENIUS Act failed to clear a procedure called cloture by one vote after pushback from Senate Democrats, who raised concerns about US Donald President Trump’s crypto ventures. The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on...Continue Reading
The US Securities and Exchange Commission is looking at potentially exempting companies that issue tokenized securities from certain registration requirements. 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...Continue Reading
Rootstock’s merged mining hit an all-time high in Q1 2025, even as DeFi TVL dropped 20% and user activity cooled across the Bitcoin DeFi ecosystem. Smart contract platform Rootstock, the home of decentralized finance (DeFi) on Bitcoin, saw a sharp increase in network security and mining engagement in the first quarter of 2025, even as...Continue Reading
Hut 8 increased its hashrate by 79% in Q1 2025 despite reporting a $134.3 million net loss, driven by major investments and the launch of its American Bitcoin subsidiary. Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year. According to Hut8’s latest quarterly report released on May...Continue Reading
Though Alex Mashinsky’s sentencing was still pending, the US government said it did not oppose his voluntarily surrendering after his daughter’s wedding. 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...Continue Reading
Held explores how Bitcoin can move beyond the “digital gold” narrative, rebrand for the next wave of users and navigate new political and technological frontiers. 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...Continue Reading
Unlike the previous $100,000 hits, the new price spike came as Bitcoin market dominance surged above 60%, reflecting more bullish BTC sentiment. 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...Continue Reading
Ether price breaks out due to strengthening network activity and an increasing TVL, as the technical setup points to a further upside. Key takeaways: Ether breaks multimonth downtrend as traders target $3,000 ETH price. Ethereum TVL surges 41% to $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, signaling...Continue Reading
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