$USDC Market Overview

• Bitcoin (BTC): Trading at $95,766, down 0.38% today.

• Ethereum (ETH): Holding at $1,836, up 0.51%.

• BNB: At $596.40, slightly down by 0.06%.

• XRP: Trading at $2.20, showing positive momentum.

• Cardano (ADA): At $0.695, down 0.57%.  

The global crypto market cap dipped by 0.73% to $2.98 trillion, reflecting cautious sentiment amid regulatory developments and market consolidation. 

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📰 Top Headlines

1. Vitalik Buterin Emphasizes Privacy in Crypto Trading

Ethereum co-founder Vitalik Buterin highlighted the importance of privacy in crypto trading, stating that it remains a critical aspect for traders in 2025. 

2. UK to Ban Borrowing for Crypto Investments

The UK Financial Conduct Authority (FCA) plans to prohibit retail investors from borrowing money, including via credit cards, to purchase cryptocurrencies. This move aims to protect consumers and maintain market integrity amid concerns about market manipulation and insufficient disclosures.  

3. AI Tokens Surge Following Social Media Buzz

AI-related tokens like Render Token (RNDR) and Fetch.ai (FET) experienced significant gains on May 4, 2025, influenced by a viral Twitter post from crypto trader @AltcoinGordon. The surge underscores the power of social media in driving short-term price action. 

4. Market Turns Bearish Across Platforms

Funding rates on both centralized and decentralized exchanges indicate a significant shift in market sentiment, with the market transitioning into a bearish state. 

5. Ben McKenzie Unveils Crypto Documentary

Actor Ben McKenzie announced his directorial debut with a crypto documentary titled ‘Everyone Is Lying to You for Money,’ set to debut at SXSW London in June. 

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📈 Notable Movers

• CHEEMS: Up +7.24%, leading today’s altcoin gains.

• DeXe: Named “Coin of the Day” for its strong performance.