Bitcoin’s potential trajectory toward $1.1 million and a billion wallets formed a key narrative in Anthony Scaramucci’s appearance on Bloomberg TV yesterday. In it, he framed Bitcoin not only as digital gold but also as a maturing asset class on the verge of widespread institutional integration, commenting, ”Is Bitcoin an investment, or is it an […]
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Bitcoin fell about 2 % to roughly $102,400 Tuesday, erasing most of Monday’s late surge and dragging the broader crypto market lower. According to CryptoSlate data, Ethereum also declined 3.8% to near $2,450 while Solana slipped 3.6% to $171. Why is Bitcoin falling again? The moves arrived hours before the U.S. Bureau of Labor Statistics publishes […]
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Tether USD (USDT) has surpassed $150 billion in circulating supply amid stablecoins averaging over $521 billion in weekly transfer volumes in 2025, The metrics posted by the leading stablecoin are well above the combined weekly volumes of Visa and PayPal, which averaged $319 billion and $32 billion, respectively. Tether described the milestone as the culmination […]
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Despite Bitcoin (BTC) dropping by 2.5% in the past 24 hours to trade near $101,600 and triggering nearly $200 million in liquidations of open long positions, the latest “Bitfinex Alpha” report highlighted that on-chain metrics remain constructive. The current price action follows a move that saw Bitcoin rally from a recent low near $74,000 to […]
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XRP has climbed more than 10% over the past 24 hours to outperform the broader crypto market. According to CryptoSlate data, the token jumped to $2.59, its highest price since March. The surge triggered more than $20 million in liquidations across derivatives platforms, based on Coinglass data. XRP’s open interest rises XRP’s momentum comes amid […]
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Pi Network’s token is drawing attention after rallying over 110% in just one week, buoyed by a wider crypto market upswing. According to CryptoSlate’s data, the token, which had dropped to a low of $0.40 in April, rebounded strongly to cross the $1 threshold and peaked at $1.53 during the latest rally. This marks the […]
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Ethereum is back in the spotlight after jumping 42% over the past week to trade above $2,500, a level it hasn’t touched since March. This marks one of its most notable breakouts in over a year, signaling renewed investor confidence. On-chain data from Sentora (formerly IntoTheBlock) shows that this rally has pushed more than 60% […]
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Bitcoin opened the week with a strong hourly move, climbing 1.7% to reach $105,705 in early Monday trading. The surge brought the asset to its highest level since January’s all-time high of $109,356, adding fresh momentum following a month of sideways movement. The one-hour candle, printed between 07:00 and 08:00 UTC, carried Bitcoin from approximately […]
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CryptoQuant CEO Ki Young Ju has revised his earlier prediction that the Bitcoin (BTC) bull cycle had ended, citing a shift in market structure and significant inflows through exchange-traded funds (ETFs) that are helping to absorb sell pressure. In a May 9 social media post, Ju acknowledged his March forecast was premature and the current […]
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Bitcoin crossed the $100,000 mark this week, climbing to a peak of $104,000 on May 8, as a chart tracking the global M2 money supply, lagged by 90 days, resurfaced on social media. The correlation between Bitcoin’s breakout and a revived upswing in the M2 liquidity curve gained renewed traction across trading forums and analyst […]
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Standard Chartered’s head of digital assets research, Geoffrey Kendrick, said Bitcoin (BTC) appears on track to reach new record highs sooner than expected, driven by mounting institutional inflows and a global shift in asset allocation. In a May 8 investor note shared with CryptoSlate, Kendrick said he initially projected a $120,000 price target for the […]
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It’s been a big quarter for BlackRock’s Shares Bitcoin Trust ETF (IBIT) with new custodians, Bitcoin volatility, a new regulatory landscape, and a pro-Bitcoin president. In its latest quarterly filing, BlackRock reported $47.78 billion in net assets at the end of Q1 2025, a decrease from $51.52 billion in the previous quarter. This decline tracks […]
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Bitcoin (BTC) remains in a technically critical zone controlled by short-term holders despite its recovery to nearly $98,000, which has eased financial stress across the network, according to a May 7 report by Glassnode. The report highlighted recent market behavior pointing to improved capital inflows and investor sentiment. Additionally, it warned that the current price […]
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Bitcoin markets are bracing for potential turbulence as the Federal Open Market Committee prepares to conclude its May 6-7 meeting. While the federal funds rate is widely expected to remain unchanged at 4.33% (target 4.25%−4.50%), attention will turn to the tone and nuance of Chair Jerome Powell’s subsequent press conference at 2 P.M. EST, which may […]
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Defiance ETFs has filed for regulatory approval of four new exchange-traded funds (ETFs), some of which include simultaneous long Bitcoin (BTC) and short Ethereum (ETH). A May 6 filing with the US Securities and Exchange Commission (SEC) revealed the funds, which include the Bitcoin vs. Ethereum ETF, which is long BTC and short ETH; the […]
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Crypto venture capital (VC) firms are experiencing operational strain and consolidation, even as project-level fundraising gains momentum. In the first quarter, crypto startups raised $5.85 billion, already accounting for nearly 61% of the capital raised throughout 2024, according to DefiLlama. Varys Capital head of venture Tom Dunleavy shared that, despite this influx, fewer active funds […]
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Ripple’s XRP trading volume on top-tier exchanges throughout the first quarter, with average daily volume (ADV) holding nearly $3.2 billion, while XRP Ledger (XRPL) activity decreased. According to a May 5 report by Ripple, the volume trend reflects sustained institutional and retail engagement despite sharp price swings and moderating on-chain activity. Spot market data shows […]
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Bitcoin fell sharply from Friday’s multi-month highs above $97,000 over the weekend, with prices sliding under $95,000 during early Monday trading as broader macro pressures weighed on risk appetite. The pullback followed a robust U.S. jobs report on Friday that lifted Treasury yields, igniting concern that the Federal Reserve may delay interest rate cuts. Non-farm […]
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The Doomsday Clock, a symbolic gauge maintained by the Bulletin of the Atomic Scientists since 1947, now stands at 89 seconds to midnight. This marks its closest position yet, reflecting an era shaped by multiple existential threats, including nuclear tensions, climate volatility, and disruptive technologies. The latest release brings the clock closer to midnight than […]
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A modest 1% allocation to Dogecoin (DOGE) could significantly improve portfolio returns without meaningfully increasing risk, according to a new analysis by crypto investment firm 21Shares. In its April report, the firm evaluated how Dogecoin performs when added to a Bitcoin-enhanced growth strategy. Stress-tested portfolios The firm’s portfolio stress-testing showed that the baseline portfolio, a […]
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Algorithmic trading firm Two Prime formally dropped its exposure to Ethereum (ETH), stating that ETH now trades as a memecoin rather than a predictable asset. According to CEO Alexander Blume, the firm will now exclusively manage and lend against Bitcoin (BTC). He added that the firm believes that Bitcoin is the only digital asset that […]
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A structural reset is underway across Bitcoin’s (BTC) on-chain metrics, with several key indicators returning to historical equilibrium levels, signaling a broad flush of speculative excess. A recent Glassnode report noted that the adjustment is evident in metrics such as the MVRV ratio, SOPR, and the Sell-Side Risk Ratio, which now point to reduced investor […]
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Binance BNB Chain’s stablecoin reserves expanded sharply this week, adding more than $2 billion in value following the debut of USD1, a politically branded dollar token issued by World Liberty Financial. DefiLlama data shows that the chain’s stablecoin market capitalization surged 30% over the past seven days to reach $9.26 billion. That gain narrowed the […]
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Robinhood’s first-quarter results marked a revival in retail crypto trading, with the platform’s crypto revenue doubling year-over-year to $252 million. This surge contributed to a 77% increase in transaction-based revenue, underlining the growing role of individual traders in the market’s latest chapter. Retail-driven activity powered Robinhood to its strongest quarter as mainstream investors reengaged amid […]
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Investor portfolio allocations to crypto have reached a yearly high of 1.8% as of April 29, according to a recent report published by CoinShares. The report attributed the increase to recent price movements and improving sentiment in the crypto market. Its findings are based on survey data and supporting 13F filings, offering a position snapshot of […]
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Blockchain sleuth ZachXBT revealed that the victim of the recent theft of $330 million in Bitcoin (BTC) was an elderly American citizen who was targeted by a social engineering attack. The exploit marks one of the largest known crypto thefts from an individual. ZachXBT traced the stolen 3,520 BTC, worth approximately $330 million, to a suspicious […]
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At 08:30 ET today, the Bureau of Economic Analysis is set to release its advance estimate for US Q1 GDP, with consensus expectations at a 0.3% seasonally adjusted annual rate. If confirmed, this would mark the weakest quarterly print since early 2022 and contrast starkly with the inflow of over $3 billion into spot Bitcoin […]
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Sustainable energy accounts for more than half of Bitcoin (BTC) mining consumption as of the first quarter, according to the Cambridge Centre for Alternative Finance’s Digital Mining Industry Report. Despite higher energy consumption, the industry’s reliance on sustainable energy increased, and operational metrics indicated a push toward long-term resilience through diversification and innovation. Estimated annual […]
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The contrasting performances of Bitcoin (BTC) and Ethereum (ETH) in the first quarter led to divergent outlooks in the second quarter, Fidelity Digital Assets said in an April 28 report. Bitcoin ended the first quarter trading near $82,560, declining by over 20% from its December 2024 all-time high of $108,000. However, the flagship crypto maintained […]
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Bitcoin (BTC) could surge to a new all-time high of $120,000 in the second quarter of 2025, driven by strategic asset reallocations and shifting investment flows, according to a new forecast from Standard Chartered. In a research note published on April 28, the bank’s head of digital assets research, Geoffrey Kendrick, said several factors are […]
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