Bitcoin

Ethereum Consolidates As Accumulation Trend Develops – New Bullish Phase Ahead?

May 7, 2025

Ethereum is under pressure after failing to break above the $1,874 high set on May 1st, a level that now acts as stiff resistance. As the broader crypto market begins to heat up, Ethereum remains stuck in a tight range, lacking the momentum to confirm a breakout. Currently trading just above $1,800, ETH sits at […]

Major Ethereum upgrade Pectra is almost here

May 7, 2025

A version of this article appeared in our The Decentralised newsletter on May 6. Sign up here. GM, Aleks here. It’s that time of year. Another major Ethereum upgrade — codename: Pectra — will go live on Wednesday. By one measure, it’s Ethereum’s largest upgrade to date, containing more improvements than any prior hard fork. […]

Trump Raising Millions at Crypto Events Prompts Ethics Concerns

May 7, 2025

Donald Trump is set to raise millions of dollars from the crypto industry this month, but the events have set off alarms for ethics experts. The president was heading to his Trump National Golf Club on Monday night for a crypto industry fundraiser. It’s the first of two major crypto-related events the president will be […]

Trump Meme Coin Draws Attention As Crypto-Focused Dinners Projected To Draw Millions

May 7, 2025

President Donald Trump is leaning into crypto as a fundraising tool, with two events projected to generate millions in donations, despite his claim of earning no personal profit from the sector. What Happened: The first event, a $1.5 million-per-plate fundraiser on May 5, is hosted by MAGA Inc. and will feature prominent tech investor and […]

‘Big Upside for the Bold,’ Says Investor About Ripple (XRP)

May 7, 2025

Ripple (XRP) has been one of the crypto market’s biggest winners since Trump’s election win, surging by 314% since early November, even after a 36% pullback from January’s highs. While the crypto space is often driven by hype, with many tokens soaring to giddy heights despite offering little real value, Ripple, with its focus on […]

Ripple to Expand Its Quarterly XRP Markets Report as Institutional Usage Jumps

May 7, 2025

Ripple will sunset its quarterly XRP markets reports in its current form after Q2 2025, with newer versions including deeper insights as the token grabs more demand among institutional investors. The quarterly XRP Markets provides transparency into Ripple’s XRP holdings and updates on the state of the crypto markets and the XRP ecosystem. “However, the […]

The One Chart That Shows Why It’s (Almost) Always a Bull Market

May 7, 2025

If you’re a regular reader of the Cabot Wealth Daily, you’ve no doubt seen reference to the 100-year stock market chart. You’ve likely also read comments to the effect of, “There’s always a bull market somewhere.” And former Cabot CEO Tim Lutts wrote frequently about the importance of remaining optimistic in the face of bad […]

Strategy’s $84 Billion Bitcoin Appetite: Michael Saylor Goes All In (Again)

May 7, 2025

Strategy, previously known as MicroStrategy, earned a $5.8 billion profit on its Bitcoin investments in the first quarter of 2025. The company now wants to pour even more money into the cryptocurrency, according to details provided by Executive Chairman Michael Saylor. Bitcoin Yield Expands As Company Increases Holdings The business intelligence firm experienced its Bitcoin […]

Bitcoin Reserve Bill Signed Into Law By New Hampshire Governor: Granite State Move Makes It A Pioneer

May 7, 2025

New Hampshire became the first U.S. state to establish a Strategic Bitcoin BTC/USD Reserve on Tuesday, allowing public funds to be invested in the apex cryptocurrency and other digital assets. What Happened: Dennis Porter, the founder of the Satoshi Action Fund, revealed in an X post that House Bill 302 was signed into law by […]

ATO ‘blitz’ sparks warning for millions of Aussie cryptocurrency investors: ‘Trigger an alert’

May 7, 2025

Koinly CEO Robin Singh said crypto was not longer "invisible" from the ATO and they have been tracking data for years. · Source: Koinly/Getty Aussies are being warned to brace for surprise audits, huge tax bills or even investigations if they don’t do the right thing when it comes to their cryptocurrency. The Australian Taxation […]