Ethereum Gains Momentum Amid Flat Funding Rates – Is This A Healthy Uptrend?
Ethereum (ETH) has surged over 40% in the past two weeks, trading in the mid-$2,000 range at the time of writing. Notably, several key indicators suggest that the ongoing ETH rally is being driven more by spot market demand than leveraged trading – an encouraging sign of a potentially sustainable bull run. Ethereum Rally Driven…
Bitcoin’s Quiet Coup: Wealth Funds Build Up Holdings
Sovereign wealth funds have begun to dabble in Bitcoin, but massive bets remain on hold. State‑owned funds won’t go big, SkyBridge founder Anthony Scaramucci has said, until the United States sets out with certainty how digital assets will be part of its financial system. He spoke on Anthony Pompliano’s podcast on May 8, and it is only…
New XRP Rally Incoming? Analyst Believes This Cycle Is Unique
XRP investors are keeping an eye on a crucial price level this week. Bitcoin has managed to reclaim above $100,000 and Ethereum is over $2,300. XRP has recorded a modest increase as well but still hovers at the lower part of the $2 price range. From a chart of a market observer who goes by…
Bitcoin ETFs Hit $40 Billion Inflows, Setting Historic Crypto Record
Based on figures that Bloomberg analyst James Seyffart has shared, spot Bitcoin ETFs have already attracted over $40 billion in lifetime inflows. On May 8, 2025, investors pumped new money in, taking the total to $40 billion. That number indicates that individuals continue purchasing Bitcoin using regulated funds. It also reflects increased confidence from everyday savers as well…
3.5 Million TRUMP Tokens On The Move—Trump Team Makes A Big Play
Based on the latest analysis of Lookonchain, one wallet associated with the TRUMP token group sent a whopping 3.5 million TRUMP tokens on May 10, 2025. That stash is valued at roughly $52.66 million across multiple exchange platforms. When so much enters exchanges all at once, it can trigger massive price movements and increased volatility. Traders indicate they’re paying…
Tech Expert Predicts $1 Million Bitcoin — ‘Only One More 10x Left’
Bitcoin was back in the news this week after surging past $104,000 before retracting a bit. The rally, which started around May 7, propelled the world’s largest cryptocurrency from $93,000 to as much as $104,000 by May 9. After retreating 4% in the following 24 hours, Bitcoin still maintained a weekly gain of around 6%.…
Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence
Alexander Mashinsky, the former CEO of crypto lending firm Celsius, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud. Celsius Mashinsky Faces Justice The proceedings took place before US District Judge John G. Koeltl in Manhattan’s Southern District, where Mashinsky faced the repercussions of what prosecutors characterized…
Trump Trade News Ignites Bitcoin Mania—$100K Coming?
Bitcoin approached the $100,000 threshold on Wednesday after teasing a big international trade deal by US President Donald Trump. The agreement, as reported by The New York Times, will be with the United Kingdom and is to be formally announced at the White House on Thursday. The cryptocurrency was at $99,200 as of publication, having…
Coinbase Stock Rises 5% After $2.9 Billion Deal To Acquire Deribit
One of the world’s largest cryptocurrency exchanges, Coinbase, announced on Thursday that it has agreed to acquire Dubai-based crypto derivatives exchange Deribit, for $2.9 billion, marking the largest deal in the crypto sector to date. Coinbase Expands Global Reach With Deribit The acquisition, announced on Thursday, involves a substantial financial commitment, with $700 million in…
Binance Buzz: Pi Coin Wallet Activity Triggers Listing Rumors
Something strange has raised the eyebrows of the Pi Network community this week. A wallet associated with Binance’s Stellar deposits, which had already been used in Pi Coin transactions, has exhibited fresh activity. That was enough to ignite rumors that Binance might be quietly gearing up for a Pi Chain integration or even a future…