Ethereum gains 8% with key developments driving institutional interest Ethereum rose by 8% to $2702 as the Pectra upgrade enhances scalability and institutional futures interest rises by 12%. A decline in inflation in the United States to 2.3% fuels demand for cryptocurrencies; Bitcoin stability supports Ethereum futures valued at $32 billion. Ethereum (ETH) increased by 8% in the last 24 hours, reaching $2702 amid heightened activity in the altcoin market. This increase follows a rise of 40% from the previous week, with multiple factors contributing to the upward trend. Pectra upgrade enhances network capabilities The Ethereum network activated the Pectra upgrade last week, introducing changes aimed at improving transaction speed and reducing costs. These adjustments position Ethereum to compete better with other blockchain platforms, especially those prioritizing high throughput. Developers emphasize that these upgrades address scalability, a priority for institutions exploring decentralized applications. Declining inflation stimulates demand for crypto Data on U.S. inflation released Tuesday showed a year-on-year decline of 2.3%, easing concerns about aggressive monetary tightening. As traditional markets react to this change, #
#TrumpTariffs Market-g Strategy and Metaplanet Acquire 15,000 BTC Amid Market Rally Key Points: The initiative is led by Michael Saylor from Strategy and Simon Gerovitch from Metaplanet. Bitcoin trading volume surged by 18% on exchanges. Metaplanet's stock value significantly increased after the announcement. Strategy and Metaplanet Acquire 15,000 BTC Amid Market Rally The acquisition reflects increased institutional confidence in Bitcoin as a reserve asset, stimulating a positive impact that boosted Bitcoin's market valuation and trading volumes.
Strategy, led by Michael Saylor, and Metaplanet, led by Simon Gerovitch, have acquired 15,000 Bitcoin. This purchase, worth approximately $1.5 billion, underscores corporate confidence in Bitcoin as a strategic reserve asset amid ongoing market volatility. The purchase included 13,390 Bitcoin from Strategy for $1.34 billion and 1,241 Bitcoin by Metaplanet for $126.7 million. Metaplanet financed part of its purchase through $15 million in bonds, demonstrating ongoing interest in enhancing its Bitcoin holdings. The price of Bitcoin trading rose from $62,500 to $63,940 shortly after Metaplanet's bond issuance. This increase also affected related stocks, as evidenced by a 5.7% rise in Metaplanet's shares on May 13. $BTC
#TrumpTariffs Market-g Strategy and Metaplanet Acquire 15,000 BTC Amid Market Rally Key Points: The initiative is led by Michael Saylor from Strategy and Simon Gerovitch from Metaplanet. Bitcoin trading volume increased by 18% on exchanges. Metaplanet's stock value surged significantly after the announcement. Strategy and Metaplanet Acquire 15,000 BTC Amid Market Rally The acquisition reflects increased institutional confidence in Bitcoin as a reserve asset, which stimulates a ripple effect that bolstered Bitcoin market valuation and trading volumes.
Strategy, under the leadership of Michael Saylor, and Metaplanet, led by Simon Gerovitch, acquired 15,000 Bitcoin. This purchase, amounting to approximately $1.5 billion, underscores corporate confidence in Bitcoin as a strategic reserve asset amid ongoing market volatility. The purchase included 13,390 Bitcoin by Strategy for $1.34 billion and 1,241 Bitcoin by Metaplanet for $126.7 million. Metaplanet financed part of its purchase through $15 million in bonds, demonstrating ongoing interest in bolstering its Bitcoin holdings. The trading price of Bitcoin rose from $62,500 to $63,940 shortly after the issuance of Metaplanet's bonds. This increase also impacted related stocks, as evidenced by a 5.7% rise in Metaplanet shares on May 13.
$ETH Shiba Inu .. Is it time for the leap? From a currency that started as a joke… to one of the most traded cryptocurrencies in the world. Shiba Inu (SHIB) has proven that a crazy dream can turn into a digital reality. But the question now: Has the journey ended? Or is the next explosion still on the way?
Why is Shiba still the "big opportunity" coin? 1. A comprehensive project and not just a "meme" SHIB is no longer just a cute dog picture. The project now includes: -DeFi platform -Shiba Wallet -Private blockchain (Shibarium) -Increasing support from businesses
2. A huge number of whales and new investors Thousands of wallets add SHIB monthly. Whales are buying in large quantities when the price drops, indicating long-term confidence. 3. The burning mechanism Millions of SHIB tokens are burned monthly, reducing supply. This could lead to a natural increase in price over time. Can SHIB reach $0.01? It's not impossible. If the burning continues + adoption of Shibarium + entry of new investors, the price could multiply several times. The secret here is "time + patience + quantity".
Amazing numbers you should know: More than 1.3 million holders of the currency. Its market value peaked at over $40 billion! Currently at a low price… meaning that entering now is closer to "buying the dip". Message for opportunity seekers: > In 2021, those who bought $100 of SHIB ended up owning over a million dollars within months. Will it happen again?
$BTC Bitcoin Core developers decide to remove the controversial OP_RETURN limit Upcoming update in the Bitcoin network removes the traditional limit on OP_RETURN outputs, opening the door to including larger data in a more efficient way, amidst a divide in the Bitcoin community over this controversial move. Controversial change in the Bitcoin protocol Samson Mow said in a post on platform X on May 5 in defense of Bitcoin:
"Many users find this change undesirable for various reasons," he added that users "can simply reject the update and remain on version 29.0 or use another version of the network."
Some criticized the proposal for being raised without a clear consensus process or actual voting. Martin Bent, managing partner at Ten31 Fund, said:
"I think there is something clear now: there is no consensus at this moment regarding the OP_RETURN issue."
Others expressed concern that this change could marginalize the primary financial use of Bitcoin and raised questions about potential undisclosed conflicts of interest.
$BTC Bitcoin Core developers decide to remove OP_RETURN limit Controversial unilateral An anticipated new update in the Bitcoin network removes the traditional limit on OP_RETURN outputs, opening the door for including larger data in a more efficient manner, amid a split in the Bitcoin community over this controversial move. Controversial change in Bitcoin protocol Samson Mow said in a post on platform X on May 5 in defense of Bitcoin:
"Many users find this change undesirable for various reasons," and added that users "can simply reject the update and stay on version 29.0 or use another version of the network."
Some criticized the proposal for being presented without a clear consensus process or actual voting. Martin Bent, managing partner at Ten31 Fund, said:
"I think there’s something clear now: there is no consensus at this moment regarding the OP_RETURN issue."
Others expressed concern that this change could marginalize the core financial use of Bitcoin, raising questions about potential undisclosed conflicts of interest.
$BTC Bitcoin Core developers decide to remove OP_RETURN limit Controversial unilateral decision An upcoming update in the Bitcoin network removes the traditional limit on OP_RETURN outputs, opening the door for including larger data in a more efficient way, amid a split in the Bitcoin community regarding this controversial step. Controversial change in the Bitcoin protocol Samson Mow said in a post on platform X on May 5 in defense of Bitcoin:
"Many users find this change undesirable for multiple reasons," and added that users "can simply refuse the update and stay on version 29.0 or use another version of the network."
Some criticized the proposal for being put forward without a clear consensus process or actual voting. Martin Bent, managing partner at Ten31 Fund, said:
"I think there is something clear now: there is no consensus at this moment regarding the OP_RETURN issue."
Others expressed concern that this change could marginalize the core financial use of Bitcoin, raising questions about potential undisclosed conflicts of interest.
$BTC Bitcoin Core developers decide to remove the OP_RETURN limit Controversial unilaterally An anticipated update in the Bitcoin network removes the traditional limit on OP_RETURN outputs, opening the door to including larger data in a more efficient way, amid a divide in the Bitcoin community over this controversial step. Controversial change in the Bitcoin protocol Samson Mow said in a post on platform X on May 5 defending Bitcoin:
"Many users find this change undesirable for various reasons," and added that users "can simply refuse the update and stay on version 29.0 or use another version of the network."
Some criticized the proposal for being put forward without a clear consensus process or actual voting. Martin Bent, managing partner at Ten31 Fund, said:
"I think one thing is clear now: there is no consensus at this moment on the OP_RETURN issue."
Others also expressed concern that this change could marginalize the core financial use of Bitcoin, raising questions about potential undisclosed conflicts of interest.
#CryptoRoundTableRemarks Animoca looks to US IPO amid Trump’s crypto policy shift: FT Animoca Brands, a Hong Kong-based digital asset investor known for supporting blockchain games and NFT platforms, is planning a public listing in New York as it seeks to seize what its CEO, Yat Siu, calls a "unique moment" for crypto companies in the United States under President Donald Trump.
In an interview with the Financial Times, Siu stated that the company is actively exploring a range of shareholder structures for a potential IPO and that an announcement could come "soon." He emphasized that this move is not dependent on prevailing market conditions. "It's the largest market, so we should go there, right?" Siu said. "It's a unique moment in time." I feel it would be a missed opportunity if we didn't at least try."
The push comes as Trump, upon returning to office, adopts a more favorable stance towards the digital asset sector, representing a stark contrast to the heavy-handed enforcement approach during former President Joe Biden's tenure. Since Trump's election last November, Bitcoin has risen by over 50% and recently surpassed the $102,000 mark, reflecting renewed investor confidence in crypto-friendly U.S. policies.
#CryptoCPIWatch XRP New Breakthrough Eyes Above $2.45 with SuperTrend Buy Signal Flashing XRP is approaching a potential breakout, trading below the key resistance area between $2.45 and $2.46. Although it attempted to push above this level, a clear move above has not yet occurred. This price range is currently acting as a barrier within a larger downtrend channel, and traders are closely watching for confirmation of a breakout that could change the short-term trend.
Over the past week, XRP (XRP) has risen 11%, and the technical sentiment appears to be becoming more favorable. On May 10, analyst Ali Martinez noted that the SuperTrend indicator may have flashed a new buy signal for XRP. $XRP
Coinbase focuses on on-chain transactions and DEX growth Coinbase bets heavily on DEX with $10 billion Deribit Acquisition CEO Brian Armstrong expects decentralized exchanges (DEXs) to eventually surpass centralized exchanges (CEXs) in trading volume. Coinbase is heavily investing in this area, highlighting its determination to enhance its capabilities and plans in DEX to enable front-running through the Coinbase wallet. The acquisition of Deribit for $10 billion underscores this shift, allowing Coinbase to expand its reach into derivatives and strengthen its financial offerings. By pursuing on-chain transactions and expanding globally, Coinbase aims to capitalize on new opportunities. Additionally, its products like USDC are expected to benefit. As part of this international expansion, the company obtained a license in Argentina and completed regulatory processes in India, paving the way for deeper market penetration. Community and market reactions have varied, with some praising the vision for the future of exchanges, while others expressed skepticism due to the inherent risks in DEXs. Coinbase remains undeterred, affirming that diversification aligns with their long-term vision $XRP
$XRP $SOL "Circle" reveals USDCKit tool to facilitate USDC payments for partnerships Circle has unveiled the USDCKit tool, a new tool designed to facilitate the integration of USDC payments for businesses. According to an announcement published on March 27 on Circle's official blog, the demand for stablecoins is witnessing a significant increase despite market fluctuations. These coins have proven their strong suitability for the product market, whether in the web 3.0 sector or in traditional finance. However, many businesses face difficulties in setting up stablecoin transactions due to technical barriers and compliance requirements. USDCKit will help remove these barriers by providing integrated solutions, including large-scale payment processing, automated money transfers, and built-in regulatory tools. Any company managing large volumes of USDC transactions can benefit from this tool, although payment service providers and money transfer platforms are likely to be its first users. Additionally, USDCKit will facilitate the seamless transfer of USDC between different networks by supporting multiple blockchain networks, such as Ethereum, Solana, and Avalanche. In another development, Circle announced on March 27 a partnership with the Intercontinental Exchange, the owner of the New York Stock Exchange, to explore the possibility of integrating USDC and USYC, a tokenized money market fund, into the financial markets. Simultaneously, Circle continues to expand USDC globally
$BNB Cardano Price Eyes New Heights Amid Whale Activity, Chain Development Push
Whales purchased 40 million ADA coins in 48 hours, indicating strong accumulation during the recent price surge of Cardano. The price of ADA jumped by 17% in one week, maintaining the golden cross since April 20 on strong technical momentum. Open interest in ADA surpassed one billion dollars with rising short liquidations, confirming an increase in bullish market activity. Crypto bulls have been active recently. Many altcoins have seen radical gains, including Cardano's ADA. The price of Cardano (ADA) has shown strong bullish signs, attracting the attention of investors across the market.
The price of ADA has risen over 17% in a week, while whales accumulated over 40 million ADA tokens within 48 hours.
At the same time, several technical indicators suggest the continuation of the upward movement. Furthermore, a new wave of development on the chain could drive further momentum in the coming days.
Rising Prices of Cardano (ADA) with Liquidations and Technical Signals In April, there was a significant surge in long liquidations, with over 9.6 million dollars wiped out in just 12 hours. This marked a sharp decline in the price of ADA, causing losses for bullish traders. Short liquidations also increased, albeit on a smaller scale. After this event,
| Partners in Output with Brave to Integrate Cardano into the Brave Wallet Once live, the integration led by Input | Output (IO) will bring full support for Cardano to the Brave Wallet, including native Cardano assets, as well as sending, receiving, exchanging, and signing capabilities—all inherently included within the best-in-class Brave browser wallet. This establishes Brave as a key partner for the Cardano community in the Voltaire era.
San Francisco and London, May 12, 2025 /PRNewswire/ — Input | Output (IO), a leading company in infrastructure and engineering in the Web3 blockchain space, today announced a strategic partnership with Brave Software, the creator of the leading privacy-focused browser and the integrated multi-chain Brave Wallet. Together, they will integrate Cardano into the Brave Wallet, allowing access to the Cardano blockchain and management of tokens from within the Brave Wallet.
Brendan Eich, CEO and co-founder of Brave and Basic Attention Token (BAT), stated: "Our partnership with IO reflects Brave's commitment to building Web3 that maximizes interoperability for user choice while providing them with better tools to engage in decentralized ecosystems." "Integrating Cardano into the Brave Wallet not only expands multi-chain access but also enhances security, governance participation, and the overall user experience." $BNB
The Shiba Inu burn rate has increased by over 6800%, boosting the price. The recent increase in the Shiba Inu burn rate by over 6800% has led to a price rise of more than 7%, supported by the community and automated platforms.
This burn event highlights ongoing community engagement and automated systems in managing SHIB supply, fueling short-term price increases and market enthusiasm.
Shiba Inu burn rate rises by 6800% Shiba Inu has seen a significant increase in its token burn rate, exceeding 6800% in a single day. This increase, driven by the community, aims to reduce the circulating supply and enhance the sustainability of the ecosystem. The core Shiba Inu development team has enabled these burn activities through automated gateways. Community efforts and participation are central to the ongoing supply management strategy to balance the massive circulation of the token.
$BTC Symbolic real-world assets exceed the $22 billion mark
An increase in the adoption of symbolic assets, driven by major financial players. Ethereum leads, followed by Stellar. Institutional interest fuels rapid growth in market value. Symbolic real-world assets exceed the $22 billion mark This rapid increase is pivotal, indicating broader institutional acceptance and the advancement of cryptocurrency in traditional finance sectors.
BlackRock and Franklin Templeton are key players, particularly contributing to the increase in RWA symbolism. Ethereum supports about 60% of the RWA market, while Stellar represents a significant share, demonstrating its institutional importance. The financial market is witnessing significant impacts, as symbolic RWAs grow to $22 billion, indicating a major shift towards blockchain adoption. Institutions report substantial reductions in transaction costs, encouraging more companies to adopt blockchain technology. Denelle Dixon, CEO of the Stellar Development Foundation, stated: "Stellar has about $470 million in symbolic treasuries, commodities, and stablecoins that yield returns on the network." Regulatory updates in the United States play a role in accelerating this adoption, with clearer guidelines encouraging institutional participation. Projections suggest that symbolic assets could reach $30 trillion by 2030.
$BNB Meta begins discussions on stablecoins after three years of scrapping major crypto effort
Meta is reconsidering stablecoins after three years of scrapping its major cryptocurrency project due to regulatory pressure. According to five anonymous sources cited by Fortune, Meta is currently discussing the integration of stablecoins with cryptocurrency companies. These digital assets, which are typically pegged to the US dollar, are preferred for cross-border transactions and lower fees compared to traditional banking services.
Meta's return to cryptocurrency
In 2019, Meta originally planned to launch a massive cryptocurrency known as Libra, which also involved collaboration with Uber and PayPal. The project was halted in early 2022 when regulatory pressure forced the closure of Diem, which it had previously referred to as the project.
Diem's assets were sold to Silvergate Bank, known for supporting crypto businesses. Meta's CEO Mark Zuckerberg recently acknowledged the project's failure at a Stripe conference, simply describing it as "dead." Currently, Meta has appointed Ginger Baker as Vice President of Product, specializing in financial technology and payments.
Baker previously held an executive role at the fintech company, Stacked. She also serves on the board of the Stellar Development Foundation, overseeing the blockchain used for international payments.
$ETH $SOL Why could the SEC's ruling today on Litecoin exchange-traded funds lead to a significant move for LTC?
Litecoin is trading near $87 as investors await the SEC's decision regarding the proposed instant exchange-traded funds from Canary Capital. Bloomberg analysts give Litecoin a 90% chance of approval for the exchange-traded funds - higher than Dogecoin or XRP. Technical indicators suggest a breakout towards $101 if support at $87 holds, with a risk of dropping to $77. Litecoin (LTC) traded at $87.66 during the Asian session on Monday, gaining modestly even as the broader crypto markets consolidated. Traders appear optimistic but cautious as they await a key decision from the U.S. Higher Education Council on the proposed Canary Capital instant Litecoin ETF, expected later today, May 5.
Adding to some of this optimism, Bloomberg analyst James Seifart noted that the Litecoin application may have the best chances of approval among current exchange-traded fund filings, giving the altcoin a potential edge in investor sentiment.