Key takeaways: Solana’s stablecoin supply rose by 156% in 2025, to hit a new record at $12 billion. Solana’s TVL grew by 25% to $7.65 billion, with 27.7% decentralized exchange volume share, leading Ethereum and BNB Chain. SOL price formed a bull flag, with a price target at $220. Solana’s native token, SOL (SOL) failed … Read more
The Tron network has drawn closer to regaining the lead from Ethereum in Tether circulation after another big mint by the US stablecoin issuer. On May 5, Tether minted another $1 billion Tether (USDT) on the Tron network, according to Arkham Intelligence. This brings the total USDT on Tron to $71.4 billion, according to the … Read more
Kelly Ayotte, the Governor of New Hampshire, signed a bill into law allowing the state’s treasurer to invest in cryptocurrencies, including Bitcoin (BTC). In a May 6 notice, Ayotte announced on social media that New Hampshire would be permitted to “invest in cryptocurrency and precious metals” through a bill passed in the state Senate and … Read more
The Pearl Fund has launched a $500 million Bitcoin investment fund (Pearl BTC) that allows accredited investors to completely eliminate capital gains taxes after holding their Bitcoin investment for 10 years. “Bitcoin’s biggest problem is capital gains tax. We’ve solved that,” said Brian P. Phillips, Managing Partner at The Pearl Fund and a Forbes-ranked top … Read more
KuCoin released its latest Proof of Reserves report, offering a detailed snapshot of its current digital asset holdings. According to the report, KuCoin’s Bitcoin reserve ratio stands at 106%. The data indicates that KuCoin holds more BTC than it owes to its customers. Crypto exchange KuCoin has refuted claims that it lost over 77% of … Read more
DeFi Development Corp. purchased $11.2 million worth of Solana ( SOL) tokens on May 6, 2025, increasing its total holdings to 400,091 SOL, valued at approximately $58.5 million. DeFi Development Corp. Bolsters Treasury with 82,404 Additional Solana Tokens The Boca Raton-based company acquired roughly 82,404.50 SOL tokens, according to a regulatory filing. Its total holdings, … Read more
American Bitcoin mining company, CleanSpark, has released its unaudited operations update for April 2025, showcasing continued strength in both production and strategic positioning as it prepares to hit a major hashrate milestone. In April 2025, CleanSpark produced 633 bitcoin, contributing to a calendar year total of 2,589 BTC — a reflection of the company’s operational … Read more
Solana had a solid run, but lately, it’s been sliding. That $200 target everyone was watching? It’s looking shaky right now. Cardano isn’t doing much better, ADA’s been stuck for a while, and investors are starting to look elsewhere. While all that is happening, a new altcoin – Remittix (RTX) – is taking over. … Read more
Asset manager Standard Chartered predicts that Binance’s ecosystem token, BNB, could more than double in price this year, according to an analyst report reviewed by Cointelegraph. The asset manager sees BNB’s price rising to approximately $1,275 per token by the end of 2025 and as high as $2,775 by the end of 2028, according to … Read more
This content is provided by a sponsor. PRESS RELEASE. Dubai, UAE – May 6, 2025 – HTX, a leading global cryptocurrency exchange, has officially announced the listing of the USD1 stablecoin, becoming the first platform worldwide to support trading of this asset. This milestone underscores HTX’s ongoing commitment to supporting high-quality blockchain projects and advancing … Read more