Arthur Hayes has revealed his doubt on the likelihood of the United States buying more BTC, citing fiscal problems and public perception. The BitMEX co-founder said in a recent interview that U.S. leaders may avoid printing dollars to purchase Bitcoin due to growing scrutiny around the cryptocurrency’s cultural image, pointing
Ethereum’s (ETH) price has traded within a tight consolidation range between $1,756 and $1,833 since April 23, hinting at market indecision. Despite this, ETH’s ability to hold above $1,800 — even after facing strong rejection at the psychological $2,000 level — signals underlying bullish intent. Though on-chain fundamentals have weakened,
Tether, the world’s largest stablecoin issuer, is preparing to launch a new U.S.-based dollar-pegged stablecoin by the end of 2025 or early next year. CEO Paolo Ardoino broke the news during an interview at the Token2049 conference in Dubai, where he emphasised a change in company strategy toward closer regulatory
Goldman Sachs is stepping deeper into the crypto space, with plans to expand its services to include cryptocurrency trading, lending, and tokenisation. Mathew McDermott, Goldman Sachs’ global head of crypto, unveiled the company’s new digital asset strategy through a keynote speech at TOKEN2049, one of the most prominent crypto events.
The crypto market cap has reached $3.01 trillion, sending mixed sentiments with the assets oscillating between gains and losses. Bitcoin holds steady at $96.8K, while Ethereum is traded at $1.8K. Notably, Immutable (IMX) jumped more than 11%, landing in the number one gainer position. In the early hours, IMX kicked
Shiba Inu has been making waves in the crypto market, where it trades at $0.00001216 and shows a daily increase of 0.84%. Top analysts predict that SHIB may do 10X this due to an impressive burn rate increase of 1906.97% over the last 24 hours. With 48,251,324 SHIB tokens burned,
Riot Platforms, the biggest Bitcoin mining platform in North America, has witnessed the highest-ever quarterly revenue. Despite this milestone, the firm reported losses as mining costs almost doubled year-over-year. The Chief Executive Officer of Riot Platforms, Jasos Les, revealed its Q1, 2025 earnings report on May 1 and mentioned that
Freight Technologies Inc. has announced plans for a $20 million stock offering to acquire TRUMP meme coins. The company’s investment represents an early occurrence of TRUMP integration in public business treasury operations. The approach mirrors the Bitcoin incorporation methods that MicroStrategy has adopted by integrating digital tokens into financial operations.
Movement Labs, a blockchain infrastructure company, announced the suspension of its co-founder, Rushi Manche, on May 2, 2025. The decision comes amid investigations into the governance of the organisation and a scandal involving token dumping that has significantly affected the MOVE token’s market performance. In an official post on X
With the neutral sentiment in the crypto market, the assets exhibit mixed signals. The largest asset, Bitcoin, trades at $94.6K, while Ethereum hovers at $1.8K. Meanwhile, Litecoin (LTC) has registered a solid 4.47% gain. Litecoin opened the day trading at a low of around $84.15 before the bulls took control.
