Strive Asset Management, founded by entrepreneur and former presidential candidate Vivek Ramaswamy, has revealed plans to transition into a Bitcoin treasury company. According to a May 7 announcement, Strive is going public through a reverse merger and plans to use the combined company’s stock to accumulate Bitcoin (BTC). The deal will see Strive merging with … Read more
Key points: Bitcoin price hangs near $97,000 as traders await today’s FOMC minutes. Bitcoin holding $95,000 as support is key for bullish price expansion in the short term. Select altcoins are holding their respective support levels, opening the gates for a short-term rally. Bitcoin (BTC) bulls are trying to knock down the immediate resistance at … Read more
Opposition lawmakers continue to criticize the president’s crypto ambitions.
The Bybit exchange has recovered its liquidity to pre-hack levels just 30 days following the February 2025 attack that drained nearly $1.5 billion in funds. According to a report from crypto research and analytics firm Kaiko, Bitcoin’s (BTC) 1% market depth, a measure of liquidity, returned to pre-hack levels of around $13 million per day … Read more
Crypto rallies, US-China trade talks to begin, FOMC decision today FOMO HOUR EP352 BTC: 97k (+3%), ETH: 1840 (+2%), SOL: 147 (+2%). Top Gainers: LTC, STX, WLD, FET, QNT. BTC ETFs: -$86mn, ETH ETFs: -$18mn. Crypto rallies on US-China trade talk news. BTC dominance breaks through 65%. New Hampshire first state to setup crypto reserve. … Read more
At least some of the top holders of Donald Trump’s memecoin who apply to attend a private dinner with the president could be based outside the United States. According to a May 7 Bloomberg report based on an analysis of the top TRUMP tokenholders, 19 of the top 25 wallets on the leaderboard used foreign … Read more
Key points: Bitcoin investors are making the most of the highest price levels in several months by cashing out profits. These are averaging $1 billion per day, leading to concerns that the market comeback may stall or even reverse. Institutional participation has not led to a change in mindset, CryptoQuant says. Bitcoin (BTC) risks a … Read more
Coinbase (COIN) is heading into its first-quarter earnings report on shaky ground, with four Wall Street analysts expecting a miss as the retail trading lull is likely to pressure the crypto exchange’s most profitable business lines. The company is scheduled to report first-quarter results on Thursday post-market. The analysts are projecting earnings per share (EPS) … Read more
Billionaire investor and Bitcoin bull Tim Draper remains “optimistic” that the price of Bitcoin will hit $250,000 by the end of 2025.
Sidelined? Aptos head of ecosystem says the team would be “super open” to bringing the anonymous memer onto the team.
Jack Mallers’ bitcoin (BTC) payments app Strike is set to move into the BTC lending business. Strike plans to offer users a means of borrowing fiat while continuing to HODL bitcoin, Mallers wrote in a post on X on Wednesday. “You shouldn’t have to sell the best-performing asset in human history to access cash. Now … Read more
One of the Uniswap DAO’s top contributors walked away in frustration on Monday amid concerns that other stakeholders wield too much power over the decentralised protocol. Pepo, a pseudonymous delegate whom other token holders entrusted to vote on their behalf, had participated in Uniswap’s governance since 2023. He wielded 455,000 UNI tokens, making him one … Read more
In financial markets, making assumptions based on short-term observations is a fool’s errand, as significant trends develop over months and years, not days or weeks. But as investors evaluate bitcoin’s role in their portfolios, the events of April are worth analyzing in order to understand the asset’s emerging reputation as a store of value. Backdrop … Read more
Institutional funds currently hold about 3.3 million ether (ETH), or roughly 3% of the circulating supply, through exchange-traded funds (ETFs). With 27% of ETH already staked, these ETF holdings alone could increase the amount of total staked ETH by more than 10%. And that’s without factoring in additional inflows from investors drawn to the promise … Read more
The New York State Attorney General asked the U.S. Securities and Exchange Commission to openly declare Ethereum’s ether (ETH) was a security, not a commodity, during the state’s prosecution of KuCoin in 2023, according to a document revealed by Coinbase Inc. in a trove of agency communications released on Wednesday. Shamiso Maswoswe, chief of the … Read more
Apparel giant Adidas is still making moves in Web3, teaming up with Sui game Xociety following previous Bored Ape and Doodles collabs.
Opinion by: Anurag Arjun, co-founder of Avail On paper, SocialFi is a no-brainer. It promises to shift the balance of power in social media — giving people control over how their content and personal data are used and monetized. It even offers users a stake in the $200+ billion social media advertising market, a pie … Read more
Safeheron, a digital asset infrastructure provider based in Singapore, has introduced an open-source Trusted Execution Environment (TEE) framework. This solution could bolster security and privacy for Web3 in sectors like decentralized finance (DeFi), payment services, and decentralized autonomous organizations. The TEE framework is the first built upon the native Intel SGX SDK and developed using … Read more
Key takeaways: XRP price is up 2% on May 7, buoyed by US-China trade talk optimism, with key support at $2.08 critical for sustained recovery. Whale accumulation signals XRP price strength. XRP price must hold above $1.83–$2.00 support to continue upside, analysts say. XRP (XRP) price displayed strength on May 7, rising 2% over the … Read more
ETH is currently stuck 40% lower than it was this time last year after devs finalized the Pectra upgrade.
Digital bank Revolut is working with Lightspark to roll out bitcoin (BTC) transactions on Lightning Network to customers in the U.K. and select countries in the European Economic Area (EEA). The feature aims to cut transaction fees and payments processing time for crypto users, Lightspark said in a blog post. When asked in an email, … Read more
The institutional acceptance of crypto around the world has accelerated significantly recently, developing hand in hand with better-defined regulation. Here, BlockFills CEO Nick Hammer discusses the reasons for crypto’s increasing institutional usage and some of the latest products responding to that demand. What trends are you seeing now in the digital asset space? We’ve been … Read more
Payments behemoth Visa has invested in BVNK, a London-based startup focused on stablecoin payment infrastructure, signaling continued interest in digital asset innovation. According to a May 7 BVNK announcement, the startup “secured a strategic investment from Visa through their Visa Ventures arm.” Furthermore, while the company does not explain fully what it entails, it refers … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2736.75, up 1.5% (+41.53) since 4 p.m. ET on Tuesday. Sixteen of 20 assets are trading higher. Leaders: LTC (+7.7%) and SUI (+3.9%). Laggards: AVAX (-1.2%) and UNI (-1.1%). … Read more
Crypto exchange Gemini has hired Brad Vopni as head of institutional, the company told CoinDesk in an exclusive interview. Vopni will be responsible for overseeing and executing the firm’s institutional strategy. Gemini is already working with exchange-traded fund (ETF) providers such as VanEck, Purpose, Evolve, 7RCC, and Monochrome, the company said. “With a crypto-native platform … Read more
In an industry filled with complexity, jargon and mistrust, women in Web3 say that the way to attract more women into the crypto space starts with clarity, education and community. At the Blockchain Baddies side event during Token2049 in Dubai, women shared personal experiences of entering the Web3 world and why they believe more female … Read more
USD1, the US dollar stablecoin launched by the President Donald Trump-backed World Liberty Financial (WLFI), has become the seventh-largest stablecoin worldwide in just two months since its launch. WLFI’s snapshot vote for a USD1 airdrop proposal is underway, and USD1’s market capitalization has continued to climb. Launched in early March with a $3.5 million supply, … Read more
The small Himalayan country has adopted strongly pro-crypto policies in recent years, stockpiling Bitcoin for a national reserve.
Bitcoin (BTC) is now up 3% since the beginning of May, after gaining 14% gain in April. Inflows into BTC exchange-traded funds (ETFs) have accelerated over the past two weeks, while consistent bitcoin treasury accumulation continues to support the market. From an on-chain perspective, Glassnode data shows that both short-term holders (STHs) and long-term holders … Read more
Global payments service provider Visa’s (V) venture capital arm made a strategic investment in BVNK, a startup building stablecoin-based payment infrastructure, in a move that reflects legacy financial financial firms’ push into blockchain-powered money movement. “Visa’s deep expertise in building global payment networks, combined with our stablecoin infrastructure, creates powerful possibilities for redefining how businesses … Read more