Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits. Core Scientific’s Q1 2025 results, published on May 7, saw it more than double its $210 million net income from the year-ago quarter, while … Read more
Crypto News Looking to invest in crypto today? Tron (TRX), Avalanche (AVAX), FLOKI, and FloppyPepe (FPPE) are standout picks with massive upside in the upcoming bull run. As the 2025 bull cycle begins to heat up, the spotlight is now on four of the most promising crypto coins to invest in today: Tron (TRX), Floki … Read more
US President Donald Trump was reportedly manipulated by a lobbyist tied to Ripple Labs into announcing the XRP token would be part of his plans for a national cryptocurrency reserve. According to a May 8 Politico report, an employee of pro-Trump lobbyist Brian Ballard gave the president the text to a social media post she … Read more
Bitcoin ETFs snapped back with a $142 million inflow after Tuesday’s dip, led by strong interest in ARKB and FBTC. Ether ETFs, meanwhile, continued their slide with a $21.77 million outflow driven solely by Blackrock’s ETHA. Bitcoin ETFs Rebound Strong But Ether ETFs Hit by $21.77M Outflow The bulls returned to bitcoin ETFs midweek, pushing … Read more
President Trump went off on Federal Reserve Chair Jerome Powell yet again on Thursday from the White House and didn’t even try to hide how he felt. In a post on Truth Social, the president wrote, “’Too Late’ Jerome Powell is a FOOL, who doesn’t have a clue. Other than that, I like him very … Read more
Since the beginning of 2025, the altcoin market has largely underperformed Bitcoin, and experts believe that a similar scenario could continue after yesterday’s FOMC meeting, where Fed Chair Jerome Powell decided to keep interest rates unchanged at 4.25-4.5%. In this scenario, Bitcoin (BTC) is likely to continue to gain strength, extending its market dominance further. … Read more
The US Securities and Exchange Commission (SEC) is considering rule changes to let companies more freely issue tokenized securities, SEC Commissioner Hester Peirce said in a speech published on May 8. The regulator is “considering a potential exemptive order” for firms using blockchain technology to “issue, trade, and settle securities” that would release them from … Read more
The last time the cryptocurrency topped six figures was in February shortly after reaching its all-time high of $109,114.88 in late January. BTC Breaks $100K Barrier as Institutions Dive In Bitcoin ( BTC) broke through the $100K barrier on Thursday morning, as net cumulative inflows for spot BTC exchange-traded funds (ETFs) peaked at $40.72 billion … Read more
SUI price jumps 8.3% to $3.60 with a golden crossover. Can it reach the $6 ATH as network activity and trader interest surge? With a bullish comeback for altcoins, SUI is among the fastest to gain momentum in the market. Currently, the SUI price is $3.60, reflecting an intraday gain of 8.3%. As a golden … Read more
The son of the US President has hinted that he and his father “hold a lot of Bitcoin”. This claim comes amid growing concerns about conflict of interest and corruption, which forced several Senate Democrats to withdraw their support from a stablecoin bill. Eric Trump, the third of five children of the US President Donald … Read more