Bitcoin at volatile crossroads before crucial Fed guidance expected later today
Bitcoin markets are bracing for potential turbulence as the Federal Open Market Committee prepares to conclude its May 6-7 meeting. While the federal funds rate is widely expected to remain…
Changpeng Zhao files for US presidential pardon, praises Trump’s ‘business-like’ leadership style
Changpeng Zhao, the founder of Binance, has confirmed that his legal team has submitted a formal request for a presidential pardon from the US government. In a May 5 podcast…
Ethereum’s pectra upgrade prompts temporary pause from Binance and Coinbase
Top crypto exchanges Binance and Coinbase will temporarily pause Ethereum (ETH) deposits and withdrawals in preparation for the network’s upcoming pectra upgrade. Binance stated that ETH and tokens on Layer…
Senate bill seeks to block presidential crypto gains amid TRUMP memecoin controversy
Senate Democrats introduced legislation that would bar sitting presidents, lawmakers, and their families from issuing, endorsing, or holding cryptocurrency. The End Crypto Corruption Act, announced May 6, seeks to prevent…
Quiet mempool and flat volume could mean limited fuel for Bitcoin’s breakout above $100k
With Bitcoin attempting to break the crucial $95,000 to $96,000 threshold, it faces significant headwinds rooted in an increasingly dormant on-chain environment. Although the price has hovered optimistically close to…
Solana sees 1.2 million new SPL tokens in April with memecoins taking center stage
Solana recorded a massive surge in token creation throughout April, with over 1.2 million new Solana Program Library (SPL) tokens minted during the month. SPL is the token standard for…
Defiance introduces ETFs with simultaneous long, short positions on Bitcoin, Ethereum and gold
Defiance ETFs has filed for regulatory approval of four new exchange-traded funds (ETFs), some of which include simultaneous long Bitcoin (BTC) and short Ethereum (ETH). A May 6 filing with…
Crypto VC funds struggle to capture money as startup fundraising rebounds in 2025
Crypto venture capital (VC) firms are experiencing operational strain and consolidation, even as project-level fundraising gains momentum. In the first quarter, crypto startups raised $5.85 billion, already accounting for nearly…
Bitwise sees peril in stalled crypto legislation amid political unrest
Bitwise CIO Matt Hougan cautioned that the digital asset market may face a turbulent summer if lawmakers in Washington fail to pass key crypto legislation, despite strong early momentum under…
Satoshi-era Bitcoin whale wallets tied to Silk Road move $324 million after 12 years
Two Satoshi-era Bitcoin wallets that have been inactive for over a decade have suddenly sprung to life, transferring a combined 3,422 BTC, which amounts to roughly $324.2 million at current…
