Easy Money: China Slashes Rates, Injects $138.5B to Shield Economy From Trade War Impact
Categories
Uncategorized

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 […]

Bitcoin 'Realized Cap' hits $890B as BTC traders focus on recapturing $100K
Categories
Uncategorized

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 […]

Strive to become Bitcoin treasury company
Categories
Uncategorized

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 […]

Strive to become Bitcoin treasury company
Categories
Uncategorized

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 […]

Strive to become Bitcoin treasury company
Categories
Uncategorized

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 […]

Vivek’s Strive Is Building Bitcoin War Chest With Nasdaq-Listed Arsenal
Categories
Uncategorized

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 […]

Price predictions 5/7: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
Categories
Uncategorized

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 […]

Xpfinance Secures a $200,000 Seed Funding to Launch a Non-Custodial Lending Platform on the Ripple ($XRP) Ledger
Categories
Uncategorized

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. […]

Bybit recovers liquidity levels 30 days after hack — Kaiko
Categories
Uncategorized

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 […]

Etherscan Unveils EIP-7702 Tracking as Ethereum’s Pectra Upgrade Goes Live
Categories
Uncategorized

Etherscan has launched monitoring tools for EIP-7702 authorizations following Ethereum’s Pectra upgrade, which introduced 11 improvement proposals to bolster scalability, security, and user experience. Ethereum Users Gain Smart Contract Flexibility With EIP-7702 Post-Pectra Ethereum’s Pectra upgrade, combining the Prague and Electra updates, went live on May 7, 2025, activating 11 Ethereum Improvement Proposals (EIPs), including […]