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Bitcoin is hovering around $95,832, showing signs of resilience after a brief dip to the 0.5 Fibonacci retracement level at $95,444. The world’s largest cryptocurrency slipped by 0.52% over the past 24 hours, but it remains up 1.71% for the week. A recent high of $97,754 confirmed that bullish momentum hasn’t vanished entirely. Technical indicators…

Ethereum co-founder Vitalik Buterin has proposed a major overhaul of the Ethereum base layer, aiming to simplify the protocol’s architecture for improved security, scalability, and long-term sustainability. Drawing on Bitcoin’s minimalist design principles, Buterin published a blog post titled “Simplifying the L1” on May 3, outlining a path to reduce the network’s technical complexity. Buterin’s…

Arizona Governor Katie Hobbs has sparked criticism from Bitcoin advocates and some government officials after vetoing legislation that would have allowed the state to hold Bitcoin in its official reserves. The bill, known as the Arizona Strategic Bitcoin Reserve Act, aimed to authorize the state to invest seized funds into Bitcoin and establish a reserve…

OKX CEO Star Xu has responded to accusations from Tron founder Justin Sun, who claimed the exchange failed to act on a law enforcement request to freeze stolen funds linked to a hack of Tron’s official X account. Sun alleged that OKX ignored a “freeze notice” from law enforcement following the May 3 breach, during…

Key Takeaways: Fartcoin led April’s meme coin rally with a 145% price jump, but experts caution that the sector remains fragile and heavily dependent on Bitcoin’s performance. Sui stood out among L1s with a 56% gain, supported by strong DeFi metrics and stablecoin integration, though token unlocks could bring near-term volatility. AI tokens continued to…

A state-backed investment firm in Abu Dhabi is set to make a $2 billion investment into crypto exchange Binance using USD1, a stablecoin developed by World Liberty Financial — a crypto venture closely tied to the Trump family. The announcement was made by Zach Witkoff, co-founder of World Liberty Financial, during a crypto convention in…

Venture capital investment in the crypto industry soared to $4.9 billion in the first quarter of 2025, marking the sector’s most active fundraising period since late 2022, according to a May 1 report from Galaxy. The surge represents a 40% increase from the previous quarter, with 446 deals closed — a 7% uptick in deal…

As of early 2025, more than 560 million people hold some form of cryptocurrency – an estimated 6.8% of the global population. This growth reflects a clear shift: digital assets are no longer limited to trading platforms or investment portfolios. For businesses, this expanding user base signals a new reality. Crypto payments are becoming a…

Solana (SOL) is currently trading around $147.31, but recent whale activity suggests a much higher target may be in play. On May 3, 2025, an anonymous whale staked 193,909 SOL—worth approximately $28.7 million—on-chain, as confirmed by Solscan. The transfer came from crypto exchange Kraken and hit a staking address just before 10:00 AM UTC. BREAKING:…

The United States is unlikely to significantly increase its Bitcoin holdings, says BitMEX co-founder Arthur Hayes, citing the country’s ballooning national debt and the cultural image tied to Bitcoin investors. In a May 1 interview, Hayes cast doubt on the idea that the U.S. would proactively build a “strategic Bitcoin reserve,” beyond the nearly 200,000…