US Treasury Secretary expresses support for crypto bills at hearing
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Speaking at a hearing, US Treasury Secretary Scott Bessent toed the party line in suggesting support for two crypto-related bills moving through Congress. Bessent addressed lawmakers at a May 7 hearing of the House Financial Services Committee, saying that the United States should be the “premier destination for digital assets” in response to a question […]

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Metaplanet Adds 555 BTC to Its Treasury
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The firm is now already more than halfway toward meeting its 10,000 BTC goal by the end of December. Metaplanet Expands Bitcoin Holdings with 555 BTC Purchase Japanese bitcoin treasury firm Metaplanet has purchased 555 bitcoin ( BTC) increasing its total holdings to 5,555 BTC, according to an announcement the company made on Wednesday. The […]

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Easy Money: China Slashes Rates, Injects $138.5B to Shield Economy From Trade War Impact
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China’s central bank slashed key interest rates and injected $138.5 billion into its financial system to bolster an economy battered by U.S. trade tensions and domestic challenges. PBOC Unveils Sweeping Rate Cuts Reuters reported that the People’s Bank of China (PBOC) cut its seven-day reverse repurchase rate by 10 basis points to 1.4%, effective May […]

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Bitcoin 'Realized Cap' hits $890B as BTC traders focus on recapturing $100K
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Key Takeaways: Bitcoin’s realized capitalization hit a record $890 billion, reflecting strong investor conviction as long-term and short-term holders increased allocations. Large Bitcoin holders with over 1,000 BTC have accumulated significantly since March 2025, reflecting the Q1 2024 trend. Bitcoin (BTC) price saw a short-squeeze above $97,000 on May 6, shortly after US Treasury Secretary […]

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Strive to become Bitcoin treasury company
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Strive Asset Management, founded by entrepreneur and former presidential candidate Vivek Ramaswamy, has revealed plans to transition into a Bitcoin treasury company. According to a May 7 announcement, Strive is going public through a reverse merger and plans to use the combined company’s stock to accumulate Bitcoin (BTC). The deal will see Strive merging with […]

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Strive to become Bitcoin treasury company
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Strive Asset Management, founded by entrepreneur and former presidential candidate Vivek Ramaswamy, has revealed plans to transition into a Bitcoin treasury company. According to a May 7 announcement, Strive is going public through a reverse merger and plans to use the combined company’s stock to accumulate Bitcoin (BTC). The deal will see Strive merging with […]

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Strive to become Bitcoin treasury company
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Strive Asset Management, founded by entrepreneur and former presidential candidate Vivek Ramaswamy, has revealed plans to transition into a Bitcoin treasury company. According to a May 7 announcement, Strive is going public through a reverse merger and plans to use the combined company’s stock to accumulate Bitcoin (BTC). The deal will see Strive merging with […]

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Vivek’s Strive Is Building Bitcoin War Chest With Nasdaq-Listed Arsenal
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Strive has sealed a definitive Nasdaq-listed merger with Asset Entities to launch the first public bitcoin treasury manager, advancing a bold new chapter in crypto finance. Strive Seals Merger With Asset Entities to Form First Public Bitcoin Treasury Asset Manager Strive Asset Management, a subsidiary of Strive Enterprises Inc., announced on May 7 a definitive […]

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Price predictions 5/7: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
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Key points: Bitcoin price hangs near $97,000 as traders await today’s FOMC minutes. Bitcoin holding $95,000 as support is key for bullish price expansion in the short term. Select altcoins are holding their respective support levels, opening the gates for a short-term rally. Bitcoin (BTC) bulls are trying to knock down the immediate resistance at […]

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Xpfinance Secures a $200,000 Seed Funding to Launch a Non-Custodial Lending Platform on the Ripple ($XRP) Ledger
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This content is provided by a sponsor. PRESS RELEASE. Xpfinance, an innovative decentralized finance (DeFi) startup building on Ripple’s XRP blockchain, has successfully closed a $200,000 seed funding round. The seed round was led by Xenoverge Fund and saw participation from several prominent web3 angel and pre-seed investors, reinforcing growing confidence in XRP’s DeFi ecosystem. […]

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Bybit recovers liquidity levels 30 days after hack — Kaiko
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The Bybit exchange has recovered its liquidity to pre-hack levels just 30 days following the February 2025 attack that drained nearly $1.5 billion in funds. According to a report from crypto research and analytics firm Kaiko, Bitcoin’s (BTC) 1% market depth, a measure of liquidity, returned to pre-hack levels of around $13 million per day […]

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