Robinhood’s HOOD led this week’s crypto stock rally by 15%. Bitcoin miners and MSTR also posted over 5% gains, but Coinbase’s COIN was sluggish. Crypto-related stocks rallied higher as Bitcoin [BTC] surged to $104K for the first time since late January. The world’s largest digital asset added over $8.5K, about 9% from Monday lows of … Read more
Bitcoin has marked a remarkable milestone on May 9th by crossing the $104,000 mark, largely driven by heightened institutional interest and burgeoning demand for exchange-traded funds (ETFs). This price increase is reflective of companies increasingly integrating Bitcoin as a reserve asset, leading to significant momentum within the cryptocurrency market. Institutional investors and asset management firms … Read more
Democrat senators are taking a step further to investigate the allegations of corruption against Donald Trump by asking the US Treasury and Department of Justice (DOJ) for clarity on crypto exchange Binance’s relationship with the Trump family. This comes following reports that Abu Dhabi’s MGX will use the USD1 stablecoin, issued by Trump-linked World Liberty … Read more
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The Ethereum Foundation, the nonprofit that supports development across the Ethereum blockchain, distributed $32.6 million in grants in the first quarter of 2025. In an allocation update, the organization reported spending on various initiatives through its Ecosystem Support Program (ESP). Categories included community and educational grants, zero-knowledge and cryptography. Other allocations included execution layers, developer … Read more
Sovereign Wealth Funds are already gaining exposure to Bitcoin, but significant allocations won’t happen until the United States establishes clearer regulations for the digital assets industry, says SkyBridge founder Anthony Scaramucci. “I think they are buying it, I think they are buying it on the margin,” Scaramucci, former White House director of communications during US … Read more
Altcoin season may finally be kicking off. Bitcoin dominance has dropped sharply from over 65% to 63.89%, hinting at a capital rotation into altcoins. Ethereum surged nearly 13%, while major altcoins like SOL, DOGE, and ADA rallied over 6%. Notably, the ETH/BTC ratio rebounded from its lowest level since 2020, signaling a potential structural shift … Read more
Crypto adoption is about to hit escape velocity as Meta, Stripe, and Ramp embrace stablecoins, setting the stage for a $10 trillion surge in digital asset integration, experts say. Stablecoins Hit Mainstream—Crypto Adoption Reaching Escape Velocity The accelerating shift toward stablecoin adoption reached a new milestone this week as Meta, Stripe, and Ramp each revealed … Read more
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has received regulatory approval to expand crypto derivatives trading across Europe. Gemini secured a Markets in Financial Instruments Directive II (MiFID II) license from the Malta Financial Services Authority (MFSA), allowing the exchange to offer crypto derivatives in the European Union, it announced on May … Read more
The XRP market is surging with optimism as Ripple edges closer to finalizing a $50 million settlement with the SEC, propelling renewed investor confidence throughout the XRP ecosystem. Amid this bullish climate, one project has quickly emerged as a standout: Xpfinance, the first fully decentralized lending and borrowing protocol built exclusively for the XRP Ledger … Read more