Day: May 3, 2025

$675M Bitcoin ETF Surge Inflows, US Govt. Still a No-Go: Hayes

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Key Notes Bitcoin spot ETFs saw a massive $675M inflow on May 2, with zero outflows across all funds. Arthur Hayes says the United States won’t buy more Bitcoin, citing debt and political optics. Technicals show bullish momentum, but RSI nearing overbought warns of a possible pullback. Bitcoin continues to show powerful institutional momentum as spot ETFs recorded a massive $675 million in net inflows on May 2, 2025. This surge, coupled with zero net outflows across all twelve Bitcoin ETFs, marks one of the strongest single-day performances since their…

Deribit eyes US expansion under crypto-friendly Trump admin: FT

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Deribit, the world’s largest crypto options exchange, is weighing an entry into the US market, encouraged by what it sees as a friendlier regulatory climate under President Donald Trump’s administration, according to a recent Financial Times report. The Dubai-based exchange, which processed $1.3 trillion in notional volume last year, is “actively reassessing potential opportunities” in the United States, CEO Luuk Strijers told the FT. He cited the “recent shift toward a more favorable regulatory stance on crypto in the US” as a key motivator behind the decision. Deribit’s potential plan…

Crypto VC Firm Dao5 Closes $222M Fund to Focus on Institutional Adoption Projects

Tekin Salimi, founder of Dao5, reported that the VC company’s second fund was concentrated in 15 limited partners, including family offices and notable individuals. He assessed that the previous fund’s success influenced the level of participation in this one. Crypto Firm Dao5 Swims Against the Current: Closes $222M Fund Even with the reported problems that […] Source CryptoX Portal

Bitcoin Sandwiched Between Major Support & Resistance Levels—Can Bulls Win Out?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. On-chain data shows the Bitcoin spot price is currently sandwiched between two zones where a large number of investors last bought their coins. Bitcoin Is Trading Between Two Major…

Over 70 crypto firms join forces to tackle big tech’s AI monopoly

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In a move that hopes to challenge Big Tech’s grip on artificial intelligence, AI agent protocol Thinkagents.ai has launched a new open-source framework for building onchain agents that operate autonomously across decentralized networks. While traditional systems aim to restrict data ownership and platform abilities for their users, Thinkagents.ai is creating an interoperable ecosystem owned and controlled by its users. For Mike Anderson, core contributor at THINK, the Think Agent Standard is the future of AI. Anderson and his team developed the Think Agent Standard to enable millions of autonomous onchain…

Bitcoin mining can power the US, if regulators prioritize it

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto in the United States is entering a new era as policymakers across the federal and state levels consider strategic Bitcoin (BTC) reserves and a legislative framework that brings clarity to the industry after years of uncertainty. In the last weeks alone, President Trump announced the establishment of a national Bitcoin reserve under executive action, while U.S. Senator Cynthia Lummis introduced legislation proposing the creation of a…

Arizona governor vetoes bill to make Bitcoin part of state reserves

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Arizona Governor Katie Hobbs has vetoed a bill that would have allowed the state to hold Bitcoin as part of its official reserves, effectively ending efforts to make Arizona the first US state to adopt such a policy. The Digital Assets Strategic Reserve bill, which would have permitted Arizona to invest seized funds into Bitcoin (BTC) and create a reserve managed by state officials, was formally struck down on Friday, according to an update on the Arizona State Legislature’s website. “Today, I vetoed Senate Bill 1025. The Arizona State Retirement…

Texas Congressman Wants Crypto ATMs in Federal Government Buildings

The 47-year-old lawmaker submitted his proposal to a government agency that manages a real estate portfolio of 8,397 federal properties. Federal Buildings Could Get Crypto ATMs Under New Proposal Congressman Lance Gooden who represents Texas’ 5th District in the U.S. House of Representatives submitted a letter on Thursday to the General Services Administration (GSA), an […] Source CryptoX Portal

Bitcoin Could See Weekend Rally To $100K, Ready For New ATH?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. As Bitcoin (BTC) attempts to break out from its weekly range, its price eyes the crucial $99,000-$100,000 resistance barrier, fueling bullish sentiment among investors. Multiple analysts forecast that the…

Vitalik wants to make Ethereum ‘as simple as Bitcoin’ in 5 years

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Ethereum co-founder Vitalik Buterin called for simplifying Ethereum’s base protocol, aiming to make the network more efficient, secure and accessible, drawing inspiration from Bitcoin’s minimalist design. In a blog post titled “Simplifying the L1,” published on May 3, Buterin laid out a vision to restructure Ethereum’s architecture across consensus, execution and shared components. “This post will describe how Ethereum 5 years from now can become close to as simple as Bitcoin,” Buterin wrote, arguing that simplicity is key to Ethereum’s resilience and long-term scalability. While recent upgrades like proof-of-stake (PoS)…