Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip
Block’s Q1 earnings beat estimates despite Bitcoin revenue falling 26% on changing Bitcoin “trading dynamics” and reducing fees on Cash App transactions.
JASMY Price Eyes Breakout: Falling Wedge Could Trigger $0.02 Rally
JasmyCoin (JASMY) is moving in an upward consolidation phase as the bearish strength is beginning to disappear from the crypto market. Furthermore, the derivative data also support the JASMY price breakout with the rising open interest and volume. According to CoinMarketCap, JASMY is currently trading at $0.005879, with the signs of stability over the last
The Crypto Industry Is Dying, That Is A Good Thing, Says Anthony Pompliano
Anthony Pompliano says most of the crypto industry is already dead and that the market has not fully admitted it yet. In a May 6 video posted on X, the Bitcoin investor and commentator argued that the sector’s long tail of unused chains, illiquid tokens and speculative projects is being cleared out as the parts […]
Solv Protocol Migrates $700M BTC Assets to Chainlink CCIP
In order to strengthen their cross-chain security architecture, Solv Protocol is migrating over $700 million worth of tokenized Bitcoin (BTC) assets to the Chainlink Cross-Chain Interoperability Protocol (CCIP) as part of a renewed focus on enhancing their existing security protocols. The Protocol is a decentralized finance (DeFi) protocol that uses tokenized versions of BTC, known
Kraken Parent Expands Stablecoin Payments With $600M Reap Deal
Kraken’s parent company, Payward, has agreed to acquire Reap Technologies Holdings in a deal valued at up to $600 million. The acquisition marks another major step in the company’s expansion into stablecoin payments and global financial infrastructure. As per a report, Payward said the transaction will include a mix of cash and company stock. The
This Rare Economic Trigger Preceded 10× Runs — 5 Cryptos Positioning for the Next Altseason
A familiar pattern is forming across the cryptocurrency market, drawing attention from analysts tracking past cycles. Periods of expanding liquidity and reduced uncertainty have historically supported altcoin rallies. This environment appears to be developing again, although confirmation remains limited. Market data shows stable Bitcoin dominance and improving sentiment across major assets. On-chain activity is also […]
XRP Market Now Controlled By Whales? Dominance Reaches 91% On Binance
US spot XRP exchange-traded funds recorded net inflows of $11.28 million on Tuesday, marking their second consecutive positive day — a streak that coincides with a sharp shift in who is actually moving XRP off centralized exchanges. Whales Take Over The Outflow Picture Large holders now account for 91.4% of all XRP leaving Binance, according […]
Bitcoin bulls target $115K by December: Does data back the expectation?
Bitcoin options show bulls targeting $115,000 by year-end but are traders becoming overly optimistic?
Ethena Price Forecast: ENA Shows Early Stabilization as Bearish Momentum Eases
Ethena price appears to be showing initial signs of stabilizing after a prolonged period of decline. Technical analysis suggests that negative momentum might be losing steam. According to analysts, ENA still trades above a crucial support area, despite persistent worries about the imminent token unlock events. At the time of writing, the price of ENA
JPMorgan Says Strategy Could Buy Up To $30B In Bitcoin This Year– TD Cowen Lifts Target To $395
Strategy—formerly known as MicroStrategy—could meaningfully accelerate its Bitcoin-buying pace this year, according to analysts at JPMorgan. The firm, led by well-known Bitcoin bull Michael Saylor, is already one of the largest publicly traded Bitcoin treasury companies, and JPMorgan believes its next move may be a larger, faster round of acquisitions. Strategy Could Outpace Past Bitcoin […]
Analyst Sets $220,000 Minimum Price Target For Bitcoin, But How Will It Get There?
A crypto analyst has identified a multi-year Cup and Handle pattern on the Bitcoin (BTC) chart that he says has gone largely unnoticed by the broader market, despite its significance. The analyst believes this single formation signals a major bull trend ahead for Bitcoin, projecting a minimum price target of $220,000 once the cryptocurrency begins […]
Market Broadens Fast — 5 Coins With Explosive Volume and Hype Worth Holding Now
The activity of the crypto market has lately become decentralized, with the trading volume no longer being concentrated in a limited number of assets. This variation has been seen in previous cycles and can often be an indicator of early-stage rotation. It seems that liquidity is shifting to mid- and large-cap tokens with well-established ecosystems. […]