According to report, Solana saw the largest DeFi outflows between May 4–5, with $11 million withdrawn following a bug patch that raised centralization concerns.
Cryptocurrency Market Experiences $140 Million in Liquidations Over 24 Hours AI Summary According to PANews, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $140 million in the past 24 hours. Of this amount, long positions accounted for $82.097 million, while short positions made up $57.8692 million. Bitcoin (BTC) saw liquidations amounting to $17.4803 million, and Ethereum (ETH) experienced liquidations totaling $28.9123 million. $BTC $ETH $XRP
Bitcoin's Potential Peak Predicted by Pi Cycle Top Indicator According to Odaily, on-chain analyst Ali has stated that the Pi Cycle Top indicator suggests Bitcoin could reach a peak of $155,400, provided it remains above $91,400. #BinanceAlphaPoints #BTCvsMarkets
There are now 72 crypto-related ETFs sitting with the SEC awaiting approval to list or list options. Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between. Gonna be a wild year.
The price movement mirrored Bitcoin’s recent rally, with Ethereum Ethereum eth -0.28% Ethereum initially breaking through key resistance at $1,600 and $1,620 before facing selling pressure that halted its climb.
Now trading around $1,575, ETH is down 3.10% over the past 7 days, according to crypto.news data.
Ethereum co-founder Vitalik Buterin recently proposed replacing the Ethereum Virtual Machine with RISC-V to improve performance and scalability. He argued that RISC-V, already used in zero-knowledge EVMs, could boost proving efficiency by over 50 times.
The proposal maintained backward compatibility while shifting the backend computation process to RISC-V. It came as Ethereum faced multi-year lows in network activity and transaction fees.
#USChinaTensions Today's spike is driven by a fresh statement from China 🛑 Beijing has issued a strong warning, promising to take action against any country attempting to engage with China over what it deems unfair agreements. This triggered an immediate $3,400 surge in gold prices. The underlying issue remains unresolved—Taiwan. Until it's directly addressed, this tense narrative isn’t going anywhere.
Binance Research reports that the U.S. is projected to issue over $31 trillion in bonds in 2025, amounting to 109% of GDP and 144% of the M2 money supply.