Crypto’s Comeback Kid: Bitcoin Jumps $3.5K in a Day as Market Eyes $98K
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The price of bitcoin vaulted to  $97,469 per coin after idling near  $94,000 for much of the day. Bitcoin’s volume tapped  $24.27  billion, commanding  33.11%  of all trades logged today. Bitcoin Resurfaces With Fury The leading crypto asset, bitcoin  (BTC), climbed more than  $3,500 from May  5’s intraday trough. The latest high was logged just […]

Corporate Treasuries Could Inject $330B Into Bitcoin—Bernstein
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Corporate treasuries are poised to unleash a $330 billion bitcoin buying spree by 2029, signaling explosive adoption of crypto as a mainstream balance sheet asset. Bernstein Forecasts $330B Corporate-Treasury Led Bitcoin Inflows by 2029 Global research and brokerage firm Bernstein has issued a new forecast suggesting that corporate treasuries may direct approximately $330 billion into […]

SEC Signals Major Shakeup for Crypto Funding With Regulation A Under Fire
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SEC leadership is turning up the heat on outdated capital-raising rules, with bold signals that long-overdue Regulation A reforms could finally open floodgates for crypto ventures. SEC Chair Blasts Regulation A Limits, Calls for Reform to Empower Crypto Issuers and Small Businesses U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins urged a reassessment […]

SOL Strategies Deploys $20 Million Funding Round to Buy 122,524 SOL
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SOL Strategies has acquired 122,524 SOL following a $20 million funding round, reinforcing its commitment to Solana infrastructure growth and hinting at ambitions for a future Nasdaq uplisting. Potential Nasdaq Uplisting Could be on the Cards for SOL Strategies SOL Strategies Inc., a Canadian firm focused on advancing the Solana blockchain ecosystem, has made a […]

Bitwise throws spot NEAR ETF in race for SEC approval
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Digital asset manager Bitwise has filed to list a spot Near exchange-traded fund with the US Securities and Exchange Commission, adding to a growing list of altcoins currently vying to win regulatory approval. The Bitwise Near (NEAR) ETF will track the price movements of the NEAR token, minus expenses, through a traditional brokerage, Bitwise’s May […]

Bitmain Lending Partner Antalpha Launches Nasdaq IPO Roadshow
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Antalpha Platform Holding has launched the roadshow for its upcoming initial public offering, planning to offer 3,850,000 ordinary shares at an expected price range of $11.00 to $13.00 per share. IPO Filed With SEC Antalpha Platform Holding has announced the commencement of the roadshow for its proposed initial public offering (IPO). The company, which is […]

US regulator moves to drop appeal against Kalshi
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The US Commodity Futures Trading Commission (CFTC) is seeking permission from the court to drop an appeal against prediction market Kalshi. The move could allow the platform to offer political event contracts to users without contest. In a May 5 filing in the US Court of Appeals for the District of Columbia Circuit, lawyers for […]

Sam Altman’s World Ordered to Stop Biometric Data Collection in Kenya
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The Kenyan High Court has ordered Sam Altman’s World to cease processing, collecting or dealing in biometric data without conducting a Data Protection Impact Assessment. The order also requires Worldcoin to permanently delete biometric data collected in Kenya without proper assessments within seven days. Worldcoin Activities in Contravention of Data Protection Laws The Kenyan High […]

Bitcoin could rally regardless of what the Federal Reserve FOMC decides this week: Here’s why
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Key Takeaways: The Fed may pause rates but inject liquidity. Crypto could rally as a recession hedge. The weak US dollar and gold rally signal a shift to scarce assets. The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While […]

Bitcoin ETFs Start the Week With $425 Million Inflow
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Bitcoin ETFs opened the week strong with a $425 million net inflow, entirely driven by Blackrock’s IBIT. Ether ETFs stayed quiet, recording no activity for the day. Blackrock’s IBIT Powers $425 Million Bitcoin ETF Inflow As Ether ETFs Stay Flat Bitcoin ETFs wasted no time setting the tone for the new week. Fueled solely by […]