Bitcoin cracked the $100,000 ceiling on Thursday for the first time since February, notching a high-water mark that had traders buzzing. During the morning stretch, it floated near $99,800 before catapulting to an intraday top of $101,454. The breakout rides the wave of buoyancy in U.S. equities after Trump announced that fresh trade agreements with […] Original
Day: May 8, 2025
What tariff shock? Bitcoin surges past $100k as market recovery continues
Bitcoin surged past $100,000 on Thursday, marking its first time back at six figures since February and signaling a strong recovery from its April crash.ย Cryptoโs flagship cryptocurrency has now gained 33% in just a few weeks after plunging to under $75,000 in response to former President Donald Trumpโs unexpected tariff announcements, according to crypto.news data. The rally coincides with a broader market rebound, with crypto equities and altcoins also bouncing back from the early April sell-off.ย Investors appear to be pricing in optimism surrounding a U.S.โUK trade deal. Earlier…
Report Exposes 98.6% of Solana Meme Coins on Pump.fun as Fraudulentย
A new report by blockchain analytics firm Solidus Labs reveals that 98.6% of tokens launched on Solanaโs Pump.fun and 93% of liquidity pools on Raydium exhibited signs of fraudulent activity, including pump-and-dump schemes and rug pulls. Solanaโs Low Fees Fuel Explosion of Meme Coin Fraud, Research Shows The findings, detailed in Solidus Labsโ โ2025 Rug [โฆ] Source CryptoX Portal
VWAPs Donโt LieโXRP Faces Judgment Day At Monthly Support
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 artรญculo tambiรฉn estรก disponible en espaรฑol. XRP is drifting back to the lower boundary of a five-month trading range, yet the higher-time-frame structure remains intact, according to a daily chart published on May 7 by…
Bitcoin analysis, Pi Network updates plus the altcoin poised to replace XRP
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BTC nears $100K after April surge, while Remittix shines with $14.7m presale, eyeing XRPโs spot. It seemed like Bitcoin (BTC) was on its way to reclaiming $100,000 in early May, especially after the April bull run that drove the Bitcoin price from around $76K to $98K. However, a market correction has caused the BTC price to drop to around $99K despite the surge in institutional purchases. Pi Network (PI)…
Bitcoin price reclaims $100K for first time since January
Bitcoin has reclaimed the $100,000 price level for the first time since January, reflecting renewed bullish sentiment among investors. Bitcoin (BTC) reclaimed the $100,000 mark on May 8 at 3:22 pm UTC, surging 4.2% from the intraday low of $95,967, according to data from CoinGecko. It marked the third time that BTC has broken through the six-figure level since first achieving it on Dec. 5, 2024. A second all-time high followed on Jan. 20 ahead of US President Donald Trumpโs inauguration. Bitcoin price chart in the past year. Source: CoinGecko…
Why Ethereum Remains the Rails for Real-World Asset Tokenization
Thank you to our sponsor of this weekโs newsletter, Grayscale. For financial advisors near Chicago, Grayscale is hosting an exclusive event, Crypto Connect, on Thursday, May 22. Learn more. In todayโs Crypto for Advisors, Tedd Strazimiri from Evolve ETFs writes about the evolution of tokenization and the value it brings to investors.ย Then, Peter Gaffney from Inveniam answers questions about what tokenization can do for wealth managers and their clients in Ask an Expert. โ Sarah Morton The Tokenization Boom: Why Ethereum Remains the Rails for Real-World Asset Tokenization The…
User experience could be cryptoโs superpowerโor its kryptonite
Opinion by Jonathan Farnell, CEO of Freedx Itโs 2025, and over 560 million people worldwide are already using cryptocurrency โ roughly 17 times the population of Tokyo. Thatโs a vibrant community, yet for every user whoโs embraced it, billions more stand on the sidelines, put off by the complicated interactions and clunky interfaces of protocols, platforms, decentralized apps (DApps), and mobile applications. Why? Blockchain technology offers game-changing potential โ decentralized ownership, secure trades โ but letโs face it: Most people still find it intimidating, risky, and confusing. User experience (UX)…
Ethereum โExtremely Undervalued Against BTCโ โ Supply Pressure May Delay Recovery
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. Ethereum has finally broken through a key resistance level, trading above $1,900 after pushing past the long-standing $1,850 barrier. This move marks the beginning of a breakout many hoped forโbut few expected to arrive so soon.…
ChatGPT a โschizophrenia-seeking missile,โ AI scientists prep for 50% deaths: AI Eye
AI endorses and affirms your delusions In the last edition of AI Eye, we reported that ChatGPT had become noticeably more sycophantic recently, and people were having fun giving it terrible business ideas โ shoes with zippers, soggy cereal cafe โย which it would uniformly say was amazing. The dark side of this behavior, however, is that combining a sycophantic AI with mentally ill users can result in the LLM uncritically endorsing and magnifying psychotic delusions. On X, a user shared transcripts of the chatbot endorsing his claim to feel…