Bitwise, the world’s first and largest crypto index fund manager, has submitted a Form S-1 application to the US Securities and Exchange Commission for a spot NEAR exchange-traded fund. On May 6, the fund manager placed NEAR, a layer-1 blockchain, on the list of cryptocurrencies demanding an ETF approval. The
Shark Tank star Kevin O’Leary has dismissed the idea of a U.S. Strategic Bitcoin Reserve. Speaking during a debate with SkyBridge founder Anthony Scaramucci, O’Leary said the proposal “will never happen.” He cited a lack of bipartisan support and questioned the motives of Bitcoin advocates like Michael Saylor. The exchange
The overall market cap has reached $2.92 trillion, with Bitcoin (BTC) hovering at around $93.8K and Ethereum (ETH) trading within the $1.7K range. The mixed signals brought in a wave of both green and red across the crypto assets. Meanwhile, Movement (MOVE) has registered a gain of 9.38%. In the
The U.S. Internal Revenue Service (IRS) has appointed Trish Turner as the new head of its digital assets division. Her promotion follows the sudden departure of Sulolit “Raj” Mukherjee and Seth Wilks, two private-sector experts who previously co-led the IRS crypto unit. Turner has worked at the IRS for over
U.S. President Donald Trump is tapping into the power of meme coins and blockchain innovation to fundraise like never before. Through two high-profile events in May 2025, Trump is combining traditional political networking with cutting-edge crypto mechanics, generating millions while courting Web3 communities. On May 5, the Trump-aligned MAGA Inc.
The chief executive officer of Coinbase, Brian Armstrong has asserted that congress needs to progress the Stablecoin and market structure bills. He also hopes to pass the bill before August 2025. The CEO requested an immediate action from Congress through his recent post on the matter of progressing its Stablecoin
The 1.05% loss in the broader crypto market cap has pushed it to $2.92 trillion. The fear and greed index holds steady at 50, reflecting the market’s neutral sentiment. Meanwhile, SUI has posted a 4.38% loss The asset’s sustained bullish price action could trigger it into positive territory. The asset’s
Donald Trump’s backed memecoin, $TRUMP has seen a sharp bearish action as it dips to $10 zone once again, although technical patterns believe a potential rebound might be nearer. Initially, TRUMP’s market performance has attracted market sentiment and reactions. Now, the token’s market capitalisation stands at $2.14 billion, down by
Ethereum is preparing for its biggest upgrade since The Merge in 2022. On May 7, 2025, the network will officially activate the Pectra upgrade, a combined initiative involving the Prague (execution layer) and Electra (consensus layer) updates. The goal: improve speed, wallet usability, and staking efficiency for millions of users
The U.S. Securities and Exchange Commission (SEC) is preparing for a high-profile roundtable on May 12, bringing together leaders from BlackRock, Nasdaq, Fidelity, Robinhood, and more to discuss tokenization and decentralized finance (DeFi). Hosted at the SEC’s headquarters in Washington, D.C., the event, titled “Tokenization — Moving Assets Onchain: Where
