Day: May 5, 2025

Bitcoin Caught In Bearish Drift As It Slips Below Key Support Averages, Bears Taking Over?

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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. According to a recent post on X by Shaco AI, Bitcoin (BTC) is showing a bit of “stage fright” as it hovers just below key short-term moving averages, signaling…

Aptos exec sees Web 2.5 platforms earning ‘tons’ of revenue

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While many crypto ecosystems focus on decentralization as the core tenet of Web3, Aptos is seeing success with hybrid platforms that blend Web2 and Web3 technologies, commonly referred to as “Web2.5.” In an interview at the Token2049 event in Dubai, Aptos’ head of ecosystem, Ash Pampati, told Cointelegraph that Web2.5 platforms are earning “tons of revenue” within Aptos. He noted that consumer-focused applications, in particular, are thriving in the network. Web2.5 is a term used to describe platforms or applications that blend centralized Web2 experiences with decentralized Web3 elements.  These…

Tether AI platform to support Bitcoin and USDT payments, CEO says

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Tether AI, the upcoming artificial intelligence platform from the stablecoin giant Tether, will feature payments in major cryptocurrencies, including USDt and Bitcoin. Tether CEO Paolo Adroino took to X on May 5 to tease the soon-to-come launch of Tether AI, the company’s new AI platform designed to offer “personal infinite intelligence.” According to Ardoino, Tether’s AI platform will be integrated with USDt (USDT) and Bitcoin (BTC) payments, allowing users to make transactions directly through a peer-to-peer (P2P) network. Source: Paolo Ardoino The initiative builds on Tether’s December 2024 announcement that…

Vitalik Buterin says rollups must prove security before decentralizing

Ethereum co-founder Vitalik Buterin has explained when he believes rollup-based layer-2 platforms should go decentralized, and why “as soon as possible” is not the correct answer. In a May 5 X post, Buterin explained that there is a right time for rollup-based scalability solutions to transition to a decentralized model. This moment depends on how low the proof system’s failure probability has fallen compared with the risks introduced by centralization. Buterin’s thread came in response to a separate post by decentralized exchange Loopring founder and CEO Daniel Wang. Wang explained…

Warren Urges Senate to Block Crypto Bill Over Trump Deal

Key Notes Backed by US Treasuries, USD1 will reportedly serve as the settlement currency for a $2 billion investment from Abu Dhabi-backed MGX. Warren has raised alarm about the GENIUS Act, which aims to establish a US regulatory framework for stablecoins. She alleges the bill could facilitate financial profiteering by Trump and his associates, labeling it as a move that “greenlights corruption”. US Senator Elizabeth Warren has raised major red flags about Donald Trump’s association with the crypto industry and the recent $2 billion deal backed by the United Arab…

Dogecoin Bounce Expected By Analyst Who Called Bitcoin Bottom

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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. The Dogecoin two-day candlestick chart has returned to the same accumulation shelf that preceded its five-fold burst last autumn, and independent market technician Astronomer (@astronomer_zero) argues the pattern “looks…

Charlie Shrem Wants to Bring Back the Bitcoin Faucet

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Bitcoin pioneer Charlie Shrem announced plans to relaunch a bitcoin faucet on May 4, 2025, aiming to distribute free bitcoin like the original faucet created by Gavin Andresen in 2010, which gave away five bitcoin per claim to promote adoption, according to his X post. Shrem, who served two years in prison in 2014 for […] Original

Return of Bitcoin Faucets? Adoption Can Push BTC Price to $100K

Key Notes Charlie Shrem has launched a Bitcoin faucet site called 21million.com. BTC is down 1.5% in the past 24 hours, with price hovering near key support zones. CME puts 97.2% odds on a Fed rate pause as traders expect bullish crypto sentiment ahead. Crypto pioneer Charlie Shrem has launched a modern-day tribute to one of the most iconic parts of Bitcoin history — the faucet. On May 4, Shrem shared his new project 21million.com, which visually replicates the original Bitcoin faucet created by Gavin Andresen in 2010. The original…

America’s crypto renaissance is already failing; but we can fix it

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Opinion by: Shane Molidor, Founder, Forgd For years, launching a crypto project in the United States has been a maze of uncertainty. Legal ambiguity and a hostile regulatory environment have driven founders offshore, turning places like Switzerland and the Cayman Islands into global hubs for blockchain innovation.  With Trump’s election, things finally started to change, with a US administration openly declaring its intention to be crypto-friendly. Yet, despite the rhetoric, nothing concrete has changed so far. Launching a crypto project in the US is just as difficult as ever. US…

Solana Devs Patch Critical Bug — Will SOL Price Rebound

Key Notes Despite no reported exploits, the Solana Foundation faced community criticism for its private communication with validators during patching. After a 20% recovery in April, SOL price is consolidating near $150 and targeting a rally to $200 and beyond. Solana has achieved significant milestones, with meme coin trading boosting the blockchain’s revenue. Developers and validators at the Solana Foundation have fixed a critical bug that allowed attackers to potentially mint certain tokens on the blockchain and even withdraw them from user accounts. Despite consolidation under $150 over the past…