Key Takeaways: Dogecoin’s active addresses surged 528% to 469,477. DOGE’s futures open interest rose 70% to $1.65 billion, indicating strong speculative interest. On May 13, Dogecoin (DOGE) witnessed a staggering 528% increase in active addresses, soaring from 74,640 to 469,477, signaling robust network activity and growing investor interest. This surge followed an update to 21Shares’ filing for a spot Dogecoin ETF, receiving acknowledgement from the US Securities and Exchange Commission (SEC). The financial services firm confirmed the development on X on May 14. Dogecoin active addresses. Source: Glassnode The filing,…
Day: May 14, 2025
Bitcoin Surge Sets the Stage for Another HISTORIC HIGH
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3 reasons why Ethereum price could rally to $5,000 in 2025
Key takeaways: A longer-term ETH price rally is dependent on SEC approval of in-kind ETF creation and staking to attract more investors. AI adoption and Ethereum layer-2 growth must drive onchain activity to restore the network’s deflationary burn mechanism. Ether (ETH) surged 43.6% between May 7 and May 14, but its current price of $2,600 still falls short of the 2021 peak of $4,868. Some analysts argue that the current bullish momentum is “just the beginning of a much larger and aggressive uptrend,” raising the likelihood of a near-term rally…
Ethereum Foundation unveils security initiative to supplant legacy systems
The Ethereum Foundation has launched a security initiative aimed at supporting the broader adoption of onchain technologies, according to a May 14 announcement. The effort is part of an ongoing push to strengthen Ethereum’s role in programmable digital assets. Fredrik Svantes, a protocol security research lead, and Josh Stark from the Ethereum Foundation management team will be the initial co-chairs of the initiative. Three contributors to the Ethereum ecosystem — samczsun, Medhi Zerouali, and Zach Obront — will help guide the project. Called the Trillion Dollar Security Initiative, the effort…
Congress stalls crypto bill as Trump ties raise concerns
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Congress is moving to regulate cryptocurrency, but a bipartisan bill on stablecoins stalled amid national security concerns and Trump’s growing ties to the industry. For more context and news coverage of the most important stories of our day, click here: » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press,…
EToro (ETOR) Stock Surges 29% on First Day of Trading After IPO
Shares of eToro climbed nearly 29% in their debut on the Nasdaq exchange after going public at a roughly $4.2 billion valuation on Tuesday. Stock indexes saw mixed results on Wednesday, with the S&P 500 and Nasdaq trading higher and the Dow Industrials lower. Bitcoin (BTC) drifted modestly lower to $103,400.. EToro had sold nearly 6 million shares for its IPO at $52 each, much higher than its initially marketed range and raising about $310 million. The stock and crypto trading platform became the first company to resume plans to…
Pundit Reveals When To Sell Everything
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 Bitcoin bull market looks to be back following BTC’s surge above $100,000. With market participants again accumulating following this recent rally, crypto pundit Ardizor has revealed when to…
Bitfarms clocks loss amid AI pivot
Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a year earlier, as the Bitcoin miner pivots from mining to high-performance computing for artificial intelligence applications. The miner posted $67 million in sales for the quarter ended March 31, up 33% from the year prior. However, gross profit margin for Bitfarm’s mining operations declined to 43% from 63% year-over-year, the company said in its first quarter earnings release. The lower margins reflect pressure from Bitcoin’s (BTC) April 2024 “halving” as…
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XRP takes real step into DeFi with Flare’s FAssets upgrade
Flare rolls out an alternative way to give XRP DeFi capabilities, without the risks of traditional blockchain bridges. Flare (FLARE) has launched a major upgrade that will enable traders to use real XRP (XRP) tokens in DeFi. On Wednesday, May 14, Flare launched its FAssets on Songbird, bringing non-smart contract assets to DeFi, according to a note shared with crypto.news. The network will allow users to perform complex DeFi operations with assets such as Bitcoin (BTC) and Dogecoin (DOGE). The first asset that will be available on the platform is…