Bitcoin reduces its drop from all-time highs to 35% in a move that sparked new BTC price all-time highs “within a year” on seven occasions in the past. Bitcoin (BTC) has a nearly 80% chance of hitting new all-time highs by 2027 if BTC price history repeats. Key points: New research from network economist Timothy...Continue Reading

EToro posted its strongest quarter as a public company, with net income up 37% to $82 million, but crypto trade volumes fell 32% in April. EToro reported first-quarter net income of $82 million, up 37% from a year earlier, as a surge in commodities trading offset weaker crypto activity. Net income rose 37% year-over-year to...Continue Reading

Upexi increased its Solana holdings to 2.5 million, valued at more than $238 million, making it the second-largest listed corporate Solana treasury, behind Forward Industries. Shares in Solana treasury company Upexi fell 8.16% on Tuesday after reporting a widened net loss of $109 million in its fiscal third quarter, driven by a fall in the...Continue Reading

“The product that wins isn’t the one that explains crypto better, it’s the one that hides it completely,” said CEO Jayson Hobby. Decentralized finance mobile “superapp” Legend has announced it is winding down after about two years of operation, adding to a string of crypto apps deciding to shut down this year.  Legend was a...Continue Reading

21Shares’ Hyperliquid ETF debuted in the US to a “very solid day” of trading, despite volumes being below comparatively buzzy crypto ETF debuts. Crypto asset manager 21Shares’ first Hyperliquid exchange-traded fund in the US has attracted $1.2 million in net inflows and seen $1.8 million in trading volume on its Nasdaq debut. “Very very solid...Continue Reading

Hayes said military spending and the possible prioritization of infrastructure investment by US allies over trading US Treasurys and equities will lead to further fiat printing and benefit crypto. The ongoing war in Iran and the race to dominate the AI sector will result in money printing that could benefit the crypto ecosystem and push...Continue Reading

Kelp DAO has burned the exploiter’s tokens and outlined a two-week plan to refill rsETH through Aave’s Recovery Guardian multisig wallet. Ethereum liquid restaking platform Kelp and decentralized lending protocol Aave have completed a series of steps to restore rsETH backing, including burning the exploiter’s rsETH tokens. Kelp DAO detailed a post-exploit recovery for its...Continue Reading

Crypto platforms Ledger, Trezor, MetaMask, Keycard, WalletConnect, Argot and Fireblocks are among the earliest adopters and contributors to Clear Signing, aimed at ending “blind signing.” The Ethereum community has introduced Clear Signing, a security feature that ensures users can clearly understand transaction details before signing, replacing unreadable hex data and reducing risks from blind signing...Continue Reading

The Commodity Futures Trading Commission has urged the Sixth Circuit Court of Appeals to rule that the agency has jurisdiction over prediction markets. The US Commodity Futures Trading Commission has backed Kalshi in the company’s legal fight against the state of Ohio, asking an appeals court to affirm that the regulator has jurisdiction over prediction...Continue Reading

A leaked list shows Senate Banking Committee members have filed more than 100 amendments to a crypto bill, highlighting the issues likely to be debated at a markup on Thursday. Members of the US Senate Banking Committee have filed more than 100 amendments to a crypto market structure bill set for markup on Thursday, with...Continue Reading