#TradeStories

Latest Crypto Updates

*Market Performance*

- *Bitcoin (BTC)*: $102,947.00, -0.38023% change

- *Ethereum (ETH)*: $2,333.35, 6.0949% change

- *BNB (BNB)*: $639.09, 2.06005% change

- *Solana (SOL)*: $172.02, 6.10525% change

- *XRP (XRP)*: $2.35, 1.56993% change

*Recent News*

- *Bitcoin Surges*: Bitcoin price reached $103,000, sparking a wave of forced exits and liquidating over $900 million in the crypto market.

- *Coinbase Acquisition*: Coinbase acquires Deribit for $2.9 billion to diversify trading revenues.

- *US-China Trade Talks*: Bitcoin price stabilizes around $103,000 ahead of US-China trade talks.

- *Pi Network Update*: Pi Network's price action sends multiple buy signals, but resistance under $0.80 caps the uptrend ahead of a major announcement on May 14 ¹ ² ³.

*Regulatory Developments*

- *SEC's Hester Peirce*: Advocates for a crypto sandbox to foster innovation and growth in the industry.

- *EU Plans*: The EU plans to track crypto transactions for more transparency, according to Eurogroup President.

- *US Senators*: US senators ask the DOJ and Treasury to consider Binance-Trump ties amid growing concerns ¹ ².

*Other Updates*

- *Galaxy Digital*: Approved for US domicile, paving the way for a Nasdaq listing.

- *BlackRock and Crypto*: BlackRock met with the SEC to discuss crypto staking, tokenization, and ETF rules.

- *TeraWulf Q1 Loss*: TeraWulf's Q1 loss widens amid rising costs and falling revenue ⁴.