CoinRank

Evening News Update #Web3

📉 Polymarket: 59% chance of U.S. recession in 2024.

🌏 APACX joins Global Payfi Alliance as a stablecoin service provider.

🧠 Vitalik: Ethereum should be as simple as Bitcoin in 5 years.

📊 Funding rates across major CEXs and DEXs turn bearish.

🐂 Bitdeer increases BTC holdings to 1,245.8 coins.

#CryptoMarket #RecessionRisk #Ethereum

🚫【Arizona Governor VETOES Bitcoin Reserve Bill】

On May 3, Gov. Katie Hobbs vetoed SB 1025, a bill that would have allowed the state treasury and pension systems to allocate up to 10% of funds into crypto, focusing on Bitcoin.

🗨️ Hobbs: “Crypto is an unverified investment.”

Arizona’s crypto reserve plan? Dead on arrival. ❌

#CryptoRegulation #Bitcoin

🚨【Justin Sun Exposes $500M+ Fraud Involving FDT & ARIA】

@justinsuntron issues serious allegations:

💰 Over $500M involved in a fraud scheme via First Digital Trust (FDT) & ARIA

🕵️‍♂️ Named individuals: Christian A.B.L.E., Vincent Chok, Yai S., Matthew W.B., and Cecilia T.B.

🏦 Funds flowed from HK-based FDT & Legacy Trust to Dubai banks: Mashreq, ADIB, Emirates NBD, EFG
He urges Dubai regulators & banks to freeze the suspicious funds and investigate now! ⚠️

#CryptoScam #JustinSun

🧠【Vitalik Wants Ethereum as Simple as Bitcoin】

Ethereum co-founder @VitalikButerin just released "Simplifying the L1", stating:

✅ Bitcoin’s strength lies in its simplicity—which enhances security & resilience

⚠️ Ethereum’s complexity has led to high dev costs, security risks & isolation

🔧 He calls for simplification of Ethereum's consensus/execution layers over the next 5 years

📐 Even proposes a max line count for core consensus code, aiming for BTC-like minimalism

“Simplicity, like decentralization, is upstream of resilience.” 🔥

#Ethereum #Vitalik

Midday News Update #Web3

💬 CZ: Not against gold, but it’s not a scarce asset.

🚫 EU to fully ban anonymous crypto accounts & privacy coins by 2027.

🎁 Usual distributes 8.25M USUALx tokens to holders.

🧿 World Chain unveils portable biometric device Orb Mini.

🦖 Claynosaurz partners with Sui.

#CryptoNews #Privacy #defi

📊【Bitcoin Spot ETFs Soar—BlackRock Dominates】

On May 2:

💸 Bitcoin ETFs saw $675M net inflow in one day

🔥 All from BlackRock's IBIT alone!

📈 Total historical inflow: $43.68B

🏦 Total spot ETF AUM: $113.15B

📌 ETF/Bitcoin market cap ratio: 5.87%

Institutions keep buying — is the BTC bull cycle locked in? 🚀

#bitcoin #BTC #blackRock #IBIT

🚨【MicroStrategy Doubles Down, Wall Street Still Bullish】

Via CoinDesk:

💰 MSTR ups its offering target to $840M (from $400M)

🏦 Wall Street says "Buy":

👉 Benchmark reaffirms Buy, PT: $650
👉 TD Cowen also Buy, PT: $550
Bitcoin bull run? MSTR is going all in.🔥

#bitcoin #MicroStrategy #MSTR

Morning News Update #Web3

🔫 Suilend launches STEAMM token launcher.

🧬 Virtuals updates Genesis—only approved staking agents earn points.

💰 Two Prime shifts focus to BTC asset management and lending, exits ETH.

🔐 Google Wallet to adopt zero-knowledge proofs for privacy upgrade.

🎖️ Aria (Story ecosystem) launches points system for OG users only.

#Blockchain #PrivacyTech #bitcoin

🍏【Apple Loosens Grip on NFTs】

As reported by Decrypt:

✅ Apple updates U.S. App Store rules

✅ Allows external payments for NFT purchases

✅ Devs can now guide users to third-party NFT markets

But restrictions remain:

❌ No token rewards for tasks

❌ No ICOs

❌ No crypto mining on devices

Web3's leash is loosening—but not gone.

#Apple #NFTs #appstore

📈【S&P 500 Hits 20-Year Record Streak!】

As of May 3:

✅ The S&P 500 has risen 9 straight days

✅ Longest winning streak since 2004

✅ Fully recovered from April's "reciprocal tariffs" dip in just 2 weeks

Market says:

📢 Tariff fears? Just background noise. FOMO leads the charge.

#SP500 #USMarkets

🎓【Ivy League Goes Bitcoin】

According to @TheBlock__, Brown University disclosed in its SEC 13F filing that it:

💰Holds ~$5M in BlackRock’s spot Bitcoin ETF (IBIT)!

What it shows:

📚 Elite institutions are quietly buying BTC

🏦 TradFi + Academia = growing recognition

#bitcoin #IBIT #etf

🚀 Sahara AI to launch public testnet SIWA on May 19!

Announced via X, the decentralized AI blockchain platform gears up for its next milestone.

#SaharaAI #SIWA #testnet #Web3 #CryptoNewss

🚨NEW: Korea’s top exchanges to delist $WEMIX over trust and security concerns

Upbit, Bithumb, Coinone, Korbit & Gopax to halt WEMIX trading by June 2; withdrawals end July 2. DAXA cites unresolved issues and lack of credibility from the Wemix Foundation. CEO Shane Kim to address concerns in a pre-recorded statement via YouTube tonight (9–10PM KST).

@WemixNetwork @Official_Upbit @BithumbOfficial @CoinoneOfficial @Korbit_exchange @GOPAX_kr

#WEMIX #DAXA #Upbit #Korea #delisting

Evening News Update #Web3

🛠️ Block CEO Jack Dorsey: BTC mining chip “Proto” to launch in 2025, made in the U.S. to avoid tariffs & offshore risk. Q1 gross profit: $2.29B (+9%). 2025 forecast cut to $9.96B (+12%).

🎯 Aria (Story Ecosystem RWA protocol) rolls out points system for OGs. 1 USDC staked = 1 pt; Zealy XP converts 1:1. Points tied to future perks. @Story (꧁IP꧂)

📉 Binance Futures to adjust mark price from 2.5min to 1min on May 5 at 17:00 (UTC+8). @Binance Square Official

💸 Web3 infra project aZen raises $1.2M seed round led by Waterdrip. Parent firm gets $40M equity from UAE’s Royal Front LLC.

🔻 Curve founder Michael Egorov (@newmichwill) sold 343.5K $CRV since Apr 8; total sold since Mar 24: 3.433M $CRV (~$1.85M), avg price $0.539.

#bitcoin #crv #Binance #story #CURVE

🇸🇻 El Salvador adds 9 more BTC this week — total holdings hit 6,165.18 BTC

💰 Current value: ~$594M
📈 32 BTC added over the past 30 days
Source: Ministry of Finance, El Salvador

#ElSalvador #Bitcoin #BTC #CryptoNews #crypto

🚨 JUST IN: Goldman Sachs doubles down on digital assets and tokenization!

At TOKEN2049, Global Head of Digital Assets Mathew McDermott announced plans to expand crypto trading, explore crypto lending, and aggressively pursue tokenization.

💬McDermott: More Goldman clients want deeper exposure to digital assets. The bank will focus on real-world execution and seek broader regulatory approvals.
Source: CNBC

#GoldmanSachs #Tokenization #DigitalAssets #token2049 #crypto

📊 Daily Protocol Revenue – May 2

1️⃣Tether – @Tether_to $19.02M
2️⃣Circle – @circle $6.44M
3️⃣Meteora – @MeteoraAG $4.96M
4️⃣Uniswap – @Uniswap $3.57M
5️⃣Pump – @pumpdotfun $3.01M

#DeFi #CryptoRevenue #Stablecoins #Tether #Circle #Pump #Uniswap #CoinRank #Solana #ProtocolRevenue

🚀NEW: Moonshot lists $HOSICOCAT — a Solana-based meme coin!

📈
Market cap hits $35.26M
📊
24h price surge: +10.16%
Source: @MoonshotListings

#Hosicocat #Solana #MemeCoin #Moonshot #CryptoNewss

📈Top Gainers & Losers - May 2 (24h Large-Cap Movers)

🟢Top Gaining Coins:
1️⃣EDLC +5.37%
2️⃣DOGE +4.96%
3️⃣ADA +3.92%

🔻Top Falling Coins:
1️⃣SMART -6.02%
2️⃣TRON -0.80%
3️⃣USDC -0.00%

#EDLC #Dogecoin #TronBlockchain #Web3 #cryptotrading

Midday News Update #Web3

⛔ Movement co-founder Rushi Manche has been temporarily suspended; no specific reason disclosed. @movementlabsxyz

📊 Du Jun: ABCDE Phase I Fund currently shows ~5x paper return, but has underperformed Bitcoin. DPI is around 2x.

💰 Freight Technologies secures up to $20M in convertible debt financing to purchase $TRUMP tokens.

📦 Blockchain Group announces plan to raise its Bitcoin holdings to 260,000 BTC by 2033.

🔒 Digital asset firm Two Prime will no longer offer ETH lending services, shifting focus exclusively to BTC lending.

#movement #TRUMP #bitcoin #Web3 #CryptoNewss