Key takeaways: Bitcoin (BTC) retail traders are known for entering the market during periods of euphoria, typically after strong monthly gains or a new all-time high. This time is no different, with Bitcoin approaching $104,000 on May 14 while general public interest and retail activity continue to lag. Analysts estimate that in 2025, retail investors … Read more
Top House Democrats are pressing the Treasury Department to release all suspicious activity reports related to Donald Trump’s crypto ventures, Elon Musk’s America PAC, the GOP fundraising platform WinRed, and several alleged scam PACs. The May 14 letter, signed by Reps. Gerald Connolly, Joe Morelle, and Jamie Raskin, cites possible campaign finance violations, foreign influence, … Read more
The SEC has launched proceedings to assess Nasdaq’s proposed rule change that would allow in-kind creations and redemptions for Blackrock’s Bitcoin ETF. SEC Reviews Nasdaq’s In-Kind Rule Change for Blackrock Bitcoin ETF The U.S. Securities and Exchange Commission (SEC) issued an order on May 13 to commence proceedings that will determine whether to approve or … Read more
The AUD/USD pair remains near the bottom of its daily range, reflecting cautious sentiment amid mixed technical signals. US inflation data and currency policy discussions between the US and South Korea continue to weigh on the broader US Dollar. Key technical levels include support around 0.6420 and resistance near 0.6459, with momentum indicators reflecting a … Read more
VanEck has made waves in the investment landscape with the launch of its new actively managed Onchain Economy ETF, designed to capitalize on cryptocurrency trends. This ETF not only targets major players within the blockchain ecosystem but also adapts to new companies entering the market. Matthew Sigel, VanEck’s head of digital asset research, emphasized the … Read more
BTCS Inc. has arranged a financing facility of up to $57.8 million to purchase ether as part of its blockchain infrastructure expansion strategy, the company announced Wednesday. BTCS Eyes Ether Accumulation The Maryland-based blockchain firm, BTCS Inc. (Nasdaq: BTCS), issued an initial $7.8 million in convertible notes through ATW Partners LLC, with potential additional tranches … Read more
Dogwifhat price has rallied in the past few weeks, aligning with the performance of most Solana meme coins. Dogwifhat (WIF) token rose to a high of $1.3142 on Tuesday, up by 335% from its lowest level in April. This rebound has pushed its market capitalization of over $1.07 billion, making it the fourth-biggest Solana meme … Read more
This content is provided by a sponsor. The blockchain space has seen immense growth over the years. The field continuously changes daily, but is only driven forward with the help of innovators in the space. It takes leadership, longevity, and transformation to stand out and keep up with the rapidly changing environment. The space is … Read more
Key Takeaways: Dogecoin’s active addresses surged 528% to 469,477. DOGE’s futures open interest rose 70% to $1.65 billion, indicating strong speculative interest. On May 13, Dogecoin (DOGE) witnessed a staggering 528% increase in active addresses, soaring from 74,640 to 469,477, signaling robust network activity and growing investor interest. This surge followed an update to 21Shares’ … Read more
BTCS Inc., a Nasdaq-listed blockchain technology company, plans to buy up to $57.8 million worth of Ethereum as it looks to mirror MicroStrategy’s Bitcoin accumulation. U.S.-based BTCS is looking to execute this initiative via the proceeds of a convertible notes issuance of up to $57.8 million. ATW Partners will lead the capital raise, with BTCS … Read more