Day: May 9, 2025

Will Bitcoin price hit $110k as crypto fear and greed index turns green?

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Bitcoin price rallied this week, hitting the important resistance level at $104,000 for the first time since February.  Bitcoin (BTC) rebounded by nearly 40% from its April low, sparking a broader altcoin rally. Bitcoin’s market cap has surged past $2 trillion, while the total crypto market cap has climbed to $3.25 trillion. Several factors are fueling the Bitcoin rally. First, optimism is growing that trade tensions between the United States and other major economies may ease. The U.S. has already finalized a deal with the UK, and top officials are…

Steak ‘N Shake to Accept Bitcoin Payments in the US, Sending New Crypto to Explosive Highs

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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. In what could be a historic move for cryptocurrency in the retail industry, Steak ‘n Shake, the popular American fast food chain, will start accepting Bitcoin payments on May 16. Experts believe that Bitcoin couldn’t work…

Can Dogecoin Reach $0.60? This Price Level Is Now Crucial

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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. In his latest YouTube briefing to 292,000 subscribers, the analyst known as “More Crypto Online” (MCO) argued that Dogecoin’s recovery from early-May support keeps the memecoin’s larger Elliott-wave roadmap…

Institutional investors continue to scoop up Bitcoin above $100K

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Bitcoin crossed the $100,000 mark again on May 8 as institutional investors continue stacking sats. Farside Investors’ data shows that spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded cumulative net inflows of $142.3 million on May 7, in a sign of “sustained institutional interest,” according to the founder of Obchakevich Research, Alex Obchakevich. “These inflows indicate the activity of institutional investors, including hedge funds and asset managers, who continue to accumulate BTC through regulated instruments,“ he said. The ARK 21Shares Bitcoin ETF (ARKB) led with $54 million in inflows, followed by…

Why crypto’s next breakthrough could start in the classroom — Animoca’s Yat Siu

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Ripple’s $25 million donation to a crypto education fund has reignited conversations about how blockchain projects are building influence through academia—but in the latest episode of Byte-Sized Insight, Animoca Brands’ co-founder Yat Siu says that money alone isn’t enough.  Instead, real-world use cases like student loans backed by DeFi may be crypto’s most convincing value proposition to date. DeFi student loans On April 30th, Pencil Finance, a project supported by Animoca Brands and its education arm Open Campus, announced a $10 million student loan financing initiative aimed at providing cheaper,…

$275K by 2026: Can Rainbow Bands and S2F Predict Bitcoin’s Future?

With bitcoin reaching fresh peaks, analysts are consulting a variety of charting tools to anticipate the trajectory of the leading digital currency. Among these are the well‑known Rainbow chart and the stock‑to‑flow (S2F) model. The following analysis examines BTC’s present price through the lens of these two frameworks. Bitcoin Models Point to Explosive Growth — […] Source CryptoX Portal

Taiwan lawmaker urges adding Bitcoin to national reserves

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Taiwanese legislator Ko Ju-Chun has urged the government to consider including Bitcoin in its national reserves, alongside gold and foreign currencies.  Speaking at a national finance conference on May 9, Ko suggested allocating a small portion of the country’s reserve assets to Bitcoin (BTC) as a hedge against rising global economic uncertainty and regional geopolitical risks. Ko pointed to Bitcoin’s decentralized nature, fixed supply, and growing role as a hedge in various countries as reasons to integrate it into Taiwan’s sovereign asset strategy. He highlighted Taiwan’s reliance on exports and…

Bitget Wallet Deploys EIP-7702 Protection

Key Notes Bitget Wallet has launched a new tool to detect EIP-7702, a core Pectra component. The new EIP-7702 offers flexibility and a user-friendly experience as it borders on EOAs. Crypto whale sells off 18,700 ETH amidst Ethereum Pectra upgrade after several years of dormancy. Barely 24 hours after the much-anticipated Ethereum Pectra upgrade went live, non-custodial platform Bitget Wallet launched a detection feature for EIP-7702. Ambire and Trust Wallet are among the first wallets to support EIP-7702, bringing account abstraction features to existing platforms. Eip-7702: here’s why it matters…

TRUMP Token Jumps 16% After Whale Buys $5.5M Worth

Key Notes TRUMP token increased by 16%, now trading around $14.19. Whale bought $5.53M worth of TRUMP on Friday, driving momentum. Total meme coin market cap rose 15% to $65.69 billion. The United States president Donald Trump’s meme coin, Official Trump TRUMP $12.85 24h volatility: 0.3% Market cap: $2.57 B Vol. 24h: $951.17 M , has recorded a 16% price increase in the past 24 hours, currently trading near $14.19. Trading volume has also skyrocketed by around 150%, signaling renewed investor interest. The broader meme coin market echoed this bullish…

Ethereum Foundation distributed $32.6M grants to ecosystem in Q1

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The Ethereum Foundation, the nonprofit that supports development across the Ethereum blockchain, distributed $32.6 million in grants in the first quarter of 2025.  In an allocation update, the organization reported spending on various initiatives through its Ecosystem Support Program (ESP).  Categories included community and educational grants, zero-knowledge and cryptography. Other allocations included execution layers, developer experience and tools, layer-2 networks and overall ecosystem growth and support.  Ethereum Foundation focuses on education and community Of the 101 grants awarded, 32 went to community and education-focused initiatives. Recipients included educational content creators,…