SHIB Burn Rate Spikes 37,937%: Analysts Eye $0.0000236

Analysts project a $0.0000236 target for Shiba Inu in May. Shibburn rate spiked to 37,937% on Wednesday. SHIB’s price surged 4.5% following the latest Shibburn exercise. Shiba Inu (SHIB) analysts have predicted a potential rally for the Ethereum-based memecoin, projecting that the digital asset could surge to 0.0000236 in May 2025.  The analysts expect a … Read more

Bitcoin to $1M by 2029 fueled by ETF and gov’t demand — Bitwise exec

Bitcoin’s expanding institutional adoption may provide the “structural” inflows necessary to surpass gold’s market capitalization and push its price beyond $1 million by 2029, according to Bitwise’s head of European research, André Dragosch. “Our in-house prediction is $1 million by 2029. So that Bitcoin will match gold’s market cap and total addressable market by 2029,” … Read more

Gold ETF investors may be surprised by their tax bill on profits

Akos Stiller/Bloomberg via Getty Images Gold returns are shining — but investors holding gold exchange-traded funds may get hit with an unexpectedly high tax bill on their profits. The Internal Revenue Service considers gold and other precious metals to be “collectibles,” similar to other physical property like art, antiques, stamps, coins, wine, cars and rare … Read more

Metaplanet Eyes Major Bitcoin Moves From Miami

Metaplanet, a Japanese-based investment company, is making headlines with its decision to launch a U.S. subsidiary in Miami, as part of its Bitcoin-focused expansion strategy. This initiative aims to augment the firm’s Bitcoin treasury operations, which have already amassed 5,000 BTC — halfway to their ambitious target. The establishment of this U.S. entity is expected … Read more

Bitcoin yield demand booming as institutions seek liquidity — Solv CEO

The demand for yield-generating strategies around Bitcoin (BTC) is surging, especially from firms seeking liquidity without liquidating their BTC, according to Ryan Chow, co-founder and CEO of Solv Protocol. During a fireside chat at the Token2049 conference in Dubai on May 1, Chow said institutional interest in Bitcoin yield products has grown exponentially over the … Read more

Ethereum to simplify crosschain transactions with new token standards

Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in a May 1 X post. Wallets, decentralized applications (DApps), block explorers and smart contracts follow … Read more

Musk says ‘eyebrow raiser’ $2.5 Fed building expansion should be subject to scrutiny

As he exits his efforts to curtail wasteful government spending, Elon Musk took one last shot, calling into question the $2.5 billion Federal Reserve building renovation. In a rare interview with print reporters, the initiator of the Department of Government Efficiency advisory board said the price tag for the central bank operation “sounds high.” “I … Read more

Max Keiser thinks bitcoin will stop Israel displacing Palestinians

Bitcoin maximalist Max Keiser claims bitcoin (BTC) can change the minds of Israeli settlers and “orange pill” them into stopping a campaign of displacing Palestinian citizens. Keiser’s far-fetched solution is in response to a segment of Louis Theroux’s new documentary on Israeli settlers that’s currently doing the rounds on X. In the clip, Theroux describes … Read more