The Ethereum $ETH Pectra upgrade is scheduled to go live on May 7th, aiming to enhance the network’s scalability. Expect increased price volatility during this period.
Dr. Nicolas Kokkalis, founder of Pi Network, is set to present at Consensus 2025 in Toronto (May 14–16). This marks a significant step for Pi Network, highlighting its commitment to decentralized finance and global accessibility.
Pi Network's sponsorship of the event has already sparked a 5.88% increase in Pi Coin's value, reflecting growing investor confidence.
DOGE: Elon Musk likened $DOGE to "a way of life, like Buddhism," expressing confidence in its endurance beyond his reduced involvement. He plans to scale back his role in the Department of Government Efficiency (DOGE) to focus more on Tesla.
BTC: With over 52% of Bitcoin mining now powered by sustainable energy sources, there's speculation that Tesla might reconsider accepting $BTC payments for its vehicles.
Stay tuned for further developments as Musk's influence continues to shape the crypto landscape.
Bitcoin $BTC is trading at $94,571, down 1.2% over the past 24 hours. The price dipped from recent highs of $97,000, reflecting cautious market sentiment ahead of key U.S. economic indicators this week.
Despite the pullback, $BTC has gained nearly 48% year-over-year, maintaining strong long-term momentum.
Analysts are watching the upcoming FOMC meeting and U.S. services PMI data, which could influence BTC's next move.
Support is seen around $93,800, with resistance near $95,700. A break above resistance could signal renewed bullish momentum.