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. Worldcoin ($WLD), the native crypto of the Altman-backed ‘World Orb’ eye-scanning project, is now available in most parts of the US. Tools for Humanity’s ‘World orb’ is an initiative by the OpenAI founder that offers people…
Day: May 6, 2025
BNB Textbook Support Rebound Sets The Stage for More Upside – See How
BNB is showing signs of a sustained bullish breakout after retesting and holding a former resistance zone as new support, signaling strong technical resilience and growing confidence. With upward momentum building and buyers defending key levels, the price action suggests a potential continuation toward higher resistance zones, hinting at the start of a broader rally. BNB Eye A Push Toward $794 ATH According to crypto analyst UniChartz, BNB is exhibiting strong bullish momentum after staging an impressive rebound from a key support zone. Once a formidable resistance barrier, this level…
Heavy TRUMP Accumulation Can Lead to Strong Price Rally Ahead
Key Notes The recent TRUMP whale activity comes following a 23% weekly decline, and could potentially help in trend reversal. Approximately 80% of the token supply is controlled by the Trump Organization and affiliates, raising doubts. Donald Trump dismissed claims of personal profit while emphasizing the importance of cryptocurrency for U.S.innovation. . After a 23% drop on the weekly chart, the OFFICIAL TRUMP token is seeing strong whale accumulation with more than 1 million TRUMP coins withdrawn from crypto exchange Binance over the past few hours. Although the TRUMP…
Vitalik’s Rollup Vision Faces ETH Price Headwinds — What’s Next?
Key Notes Vitalik Buterin has introduced a three-stage security model for Ethereum rollups. Critical support at $1,770 is under threat, while bullish targets range from $1,931 to $2,172. ETH remains bearish with MACD remaining bearish and RSI hovering near oversold territory. Ethereum co-founder Vitalik Buterin laid out a critical roadmap for Layer 2 rollup security, emphasizing a gradual shift toward trustless systems. Vitalik’s new proposal categorizes Ethereum rollups into three security stages: Stage 0: Full control by a security council. Proof systems exist but are advisory. Stage 1: Council can…
UK rules out Bitcoin reserves: not ‘appropriate for our market’
The UK government has ruled out creating national cryptocurrency reserves at the moment. Economic Secretary to the Treasury Emma Reynolds expressed negative sentiment towards a Bitcoin (BTC) reserve at the FT Digital Asset Summit in London. Responding to questions… Original
Index Drops 2.2% as All Assets Trade Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2654.32, down 2.2% (-60.12) since 4 p.m. ET on Monday. None of the 20 assets are trading higher. Leaders: BCH (-0.3%) and BTC (-0.8%). Laggards: SUI (-7.7%) and AAVE (-7.5%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Original Source CryptoX Portal
Dormant Bitcoin Wallets Shift $325M Ahead of Fed Decision
Key Notes Two inactive Bitcoin wallets moved $325M in BTC after over a decade. The transfers occurred just before the Federal Reserve’s rate decision. The wallets originally acquired BTC at around $85 per coin in 2013. Two long-dormant Bitcoin addresses from the early “Satoshi era” have reactivated after more than a decade, transferring over $325 million in BTC just ahead of a key U.S. Federal Reserve rate announcement. Spot On Chain, a blockchain analytics firm, announced on X that two dormant Bitcoin whales had reawakened. The first whale moved 2,343…
Expert Says XRP Overvalued but Not Worthless as Network Slows
Key Notes XRP’s price shows bearish continuation signs with weak RSI and MACD on the 4H chart. On-chain usage is collapsing, but developer activity on XRPL is steadily increasing. Jeff Dorman calls XRP a “call option on potential,” driven more by hype than fundamentals. On the Empire podcast, Arca CIO Jeff Dorman labeled XRP as “insanely overvalued,” noting its lack of concrete financial or utility value. According to Dorman, XRP’s current valuation, hovering around a $122 billion market cap, is primarily built on social value: community loyalty and narrative inertia. …
Singapore’s Grab taps Solana DePIN project Natix to ‘reshape mapping’
Southeast Asia’s superapp Grab has partnered with Natix, a project within Solana’s decentralized physical infrastructure network (DePIN), to cooperate on mapping and autonomous driving technologies. The joint collaboration aims to combine Natix’s blockchain-based mapping data with Grab’s camera hardware and mapmaking technology featuring artificial intelligence support, Natix said in an announcement on May 6. “This partnership brings together the best of both worlds,” the announcement noted, pointing to Grab’s expertise in crowdsourced mapping and Natix’s unique DePIN model that rewards users for providing decentralized data input. Source: Natix “By combining…
Ghosts of the Silk Road: Dormant Wallets Move Over $322M in Bitcoin
On Monday, two long-dormant wallets—first activated in July 2013, precisely a decade and ten months ago—moved 3,421 bitcoin valued at $322.5 million, marking their first transaction since inception. Long-Dormant Silk Road Wallets Move Millions in Bitcoin Data compiled on May 5, 2025, reveals two separate transactions (1,2) originating from wallets established in July 2013. The […] Original