123% Liquidation Imbalance Stuns Dogecoin Short Sellers, Shibarium Scores Major Adoption Breakthrough, Binance to Retire Existing Deposit Addresses for IOTA: Crypto News Digest by U.Today
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Find out about the latest crypto events in U.Today’s daily news digest!

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Bitcoin Breaks $97K as Markets Defy Weak Employment Data
news.bitcoin.com

Jobless claims surged at the end of April according to fresh data from the Department of Labor, but both traditional and crypto markets still rallied Thursday morning. Markets Rally: Bitcoin Hits $97K Even as Jobs Data Disappoints The number of unemployed Americans filing for jobless benefits swelled to a seasonally adjusted 241,000 for the week […]

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Massive Moves: SOLX Hits $32M and Emerges as the Reliable Presale Crypto for Investors
www.cryptoninjas.net

According to CoinMarketCap, the 24-hour market volume has increased by 43.89% in the past 24 hours. This indicates that activity in the cryptocurrency market has increased, prompting investors to rush to join Solaxy (SOLX) as it is recognized as a noteworthy blockchain presale. Solaxy is in the spotlight due to its features. It was created […]

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PayPal Says SEC Ending Inquiry Into PYUSD Stablecoin Without Any Enforcement Action
dailyhodl.com

The U.S. Securities and Exchange Commission (SEC) is closing its inquiry into the dollar-backed crypto asset issued by the payments giant PayPal. In August 2023, PayPal introduced the PayPal USD (PYUSD) stablecoin to capitalize on the potential of Web3 payments. The asset is backed by US dollar deposits, short-term US Treasuries and similar cash equivalents. […]

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Ethereum Price Analysis: Can ETH Take Down This Key Resistance Level?
cryptopotato.com

Ethereum recently bounced off the crucial $1.5K support level, but it’s still struggling to break through the bearish order block near the $1.8K mark. If it fails to clear this resistance, another pullback could follow. Technical Analysis By ShayanMarkets The Daily Chart The price created a clear bullish reversal pattern at the $1.5K support level […]

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How we identified a North Korean hacker who tried to get a job at Kraken
blog.kraken.com

Every day, our dedicated security and IT teams successfully repel a wide range of attacks from various bad actors. From our years of experience, we know how vast the attack vectors of any major company are. And as we’re disclosing today, they can include unexpected areas, such as the company’s recruitment process. Our teams recently […]

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ERIC & DONALD TRUMP JR TO SPEAK AT BITCOIN CONFERENCE 2025!
bitcoinmagazine.com

Bitcoin Magazine ERIC & DONALD TRUMP JR TO SPEAK AT BITCOIN CONFERENCE 2025! The speaker lineup for Bitcoin 2025 continues to grow as two high-profile names join the stage: Eric Trump and Donald Trump Jr. Set to appear in Las Vegas from May 27–29, both figures bring a bold voice to the conversation around Capitalism, […]

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Coinbase suspends trading for MOVE token
cointelegraph.com

Crypto exchange Coinbase has announced it will suspend trading of Movement Labs’ native token effective May 15. The decision was shared in a May 1 post on X, with Coinbase citing the token’s failure to meet its listing standards. According to CoinMarketCap, the MOVE token declined by 13.6% in the last 24 hours. Coinbase announced: […]

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Morgan Stanley to Add Crypto Trading on E*Trade as Fed Eases Restrictions
www.financemagnates.com

Morgan Stanley is preparing to offer cryptocurrency trading on its E*Trade platform. This would be the most direct move so far by a major US bank to let retail users buy and sell digital assets. The move comes amid regulatory changes in the United States. On Thursday, the Federal Reserve officially removed two supervisory letters […]

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Breaking down the risks, rewards of <b>cryptocurrency</b> investing – YouTube
www.google.com

Experts are warning Americans not to let the popularity of cryptocurrency outweigh the risks of investing. Delicia Hand, a senior director at …

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Best AI Crypto Coins to Invest In as ChatGPT Creator Launches World Crypto Project
www.newsbtc.com

Bitcoin is hovering near $95K, but the real action is shifting elsewhere. A shiny metal ball of near-limitless power is soon coming to transform your life if you live in the following US cities: Atlanta Austin Los Angeles Miami Nashville San Francisco No, it’s not sci-fi. Well, it might be – but in this case, […]

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Economist Alex Krüger Issues Market Warning, Says US in Early Stages of ‘Severe Deceleration’ – Here’s His Outlook
dailyhodl.com

Economist Alex Krüger says he’s de-risking his portfolio amid uncertain economic headwinds. Krüger tells his 209,800 followers on the social media platform X that the US economy “is in the very early stages of a severe deceleration (and potential recession).” He predicts the impending economic downturn will begin to matter in June and materialize in […]

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Crypto Hackers Plunder $92M from DeFi in April, With Attacks Doubling Since March
crypto-economy.com

TL;DR Surge in Crypto Hackers Attacks: In April, 15 coordinated DeFi hacks resulted in a staggering $92M loss—a 124% increase from March’s reported $41M. High-Profile Breaches: Major incidents hit decentralized platforms hard, notably with the UPCX hack seizing over $70M and a significant breach at KiloEx, underscoring protocol vulnerabilities. Rising Crypto Hackers Threats: With over […]

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Fidelity’s Analysis: Ethereum’s ‘Capitulation’ Indicates ETH is Trading Below Its True Worth
crypto-economy.com

TL;DR Fidelity Digital Assets claims that several on-chain indicators suggest Ethereum is experiencing a “capitulation” phase, which implies that its current market price could be below its intrinsic value. The market cap ratio between Bitcoin and Ethereum has dropped to levels not seen since 2020. Activity on Ethereum’s layer-2 networks has hit a new record, […]

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Anthony Scaramucci Predicts Crypto Will Power Elon Musk’s Future Super App
cryptonews.com.au

Anthony Scaramucci, founder of SkyBridge Capital, believes crypto payments will be incorporated into Elon Musk’s vision of turning X into a comprehensive “super app” that could replace various platforms including banking services. X has already begun its payment journey with a partnership announced in early 2025 between Visa and X, enabling “secure + instant funding […]

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Ripple’s $5B Bid for Circle Rejected Amid XRP-Metamask Collab
cryptonews.com.au

Ripple has been making headlines with major moves including resolving its SEC legal battle and acquiring prime-brokerage Hidden Road for US$1.25 billion in April. According to Bloomberg sources, Ripple reportedly made a US$4-5 billion bid for Circle Group, issuer of USDC stablecoin, which was rejected, while Circle remains in a “quiet period” with the SEC. […]

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BlockDAG Implements Special Price of $0.0019, Polygon Breaks Out, PEPE Climbs Higher
nulltx.com

BlockDAG Brings in Special Price of $0.0019; Triggers Buying Spree as Polygon Signals Rally & PEPE Price Eyes $0.001 Things are heating up for Polygon as recent charts point to a possible shift in momentum; a recent Polygon analysis suggests POL might be ready to push past key resistance. Over in the meme coin lane, […]

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Casascius Treasure Unsealed: Two 100 BTC Bars Redeemed Amid Price Drop in April 
news.bitcoin.com

Although bitcoin experienced pronounced price fluctuations in April, a long-dormant entity moved 200 BTC—marking its first transaction since Dec. 27, 2012. While that milestone alone is notable, what elevates the event’s intrigue is the origin of the coins: two separate Casascius physical bitcoin bars, each containing precisely 100 BTC. Historic Bitcoin Peel: Two Rare Casascius […]

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$3 Billion in XRP as Price Makes U-Turn
u.today

XRP price down 6%

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XRP Institutional Demand Grows Toward $3 — But SOLX Presale Emerges as There Presale Crypto Tokens to Watch
www.cryptoninjas.net

The crypto market has always been highly volatile, and popular altcoins such as XRP have experienced massive price swings in a short period of time. Ripple had an especially tough time breaking out due to the SEC’s lawsuit that took nearly 5 years to resolve. However, now that that’s over, the value of XRP tokens […]

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21Shares files for US spot Sui ETF after European launch
cointelegraph.com

Major European cryptocurrency investment firm 21Shares has filed for a spot Sui exchange-traded fund (ETF) in the United States, marking another step in its expansion to the US market. 21Shares on April 30 submitted the Form S-1 registration for a spot Sui (SUI) ETF to the US Securities and Exchange Commission (SEC). Called the 21Shares […]

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The Rise of Europe’s First Bitcoin Treasury Company
bitcoinmagazine.com

Bitcoin Magazine The Rise of Europe’s First Bitcoin Treasury Company In the United States, Strategy proved the Bitcoin treasury model. In Asia, Metaplanet took the baton ran with it. Now in Europe, a new name is emerging as a leader in balance sheet transformation—The Blockchain Group (ALTBG). Listed on Euronext Growth Paris, The Blockchain Group […]

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Top Pi Network (PI) Price Predictions as Token Unlocks Slow Down This Month
cryptopotato.com

TL;DR Pi Network (PI) jumped in the past 24 hours, and here are some of the latest predictions about its future price performance. Heavy token unlocks may have weighed on PI’s price in recent weeks, but the pace is set to slow after mid-May, potentially easing selling pressure. PI on the Move After several days […]

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Report: Circle Rejects Ripple's $4 Billion to $5 Billion Takeover Bid | PYMNTS.com
www.google.com

Ripple announced April 8 that it acquired prime brokerage Hidden Road for $1.25 billion, becoming the first cryptocurrency company to own and operate …

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Bitcoin Sentiment Nearly Back To Neutral—Green Sign For Rally?
www.newsbtc.com

Data shows the Bitcoin Fear & Greed Index is close to the neutral territory again, a sign that market sentiment has seen a cooldown. Bitcoin Fear & Greed Index Is Now Close To Edge Of Greed Territory The “Fear & Greed Index” is an indicator created by Alternative that tells us about the sentiment held by […]

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Trader Issues Urgent Ethereum Alert, Says ETH in a ‘Do-or-Die Region’ Against Bitcoin – Here’s His Outlook
dailyhodl.com

A widely followed analyst is saying Ethereum (ETH) could depreciate massively against Bitcoin (BTC) if the second-largest crypto asset by market cap loses a key support level. The analyst, pseudonymously known as Sherpa, tells his 245,400 followers on the social media platform X that Ethereum is at a “do-or-die” level when paired against Bitcoin. According […]

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Bitcoin price about to 'blast' higher as Fed rate cut odds jump to 60%
cointelegraph.com

Key takeaways: Bitcoin holds $95,000 as Fed rate cut odds rise to 60% for June 18 as US economy slumps. Breaking $95,000 could push BTC price toward $100,000, while dropping below $93,000 may bring the $84,000 back into the picture. Key Bitcoin levels to watch remain around the long-term holders’ cost basis. Bitcoin (BTC) is […]

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Binance CEO Stresses Binance's Help in Recovering $6.1 Million Crypto After Major Hack
u.today

Chief executive officer Richard Teng says Binance has rendered significant help in saving funds stolen from KiloEx decentralized exchange

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SEC Closes Investigation Into PayPal’s PYUSD as Stablecoin Gains Momentum in Crypto Market
www.cryptoninjas.net

Key Takeaways: The U.S. SEC has officially ended its investigation into PayPal’s stablecoin PYUSD without pursuing enforcement action. PayPal has announced a 3.7% annual yield for U.S. users holding PYUSD and formed a new partnership with Coinbase to boost adoption. Though its market share is still lowly compared to Tether and Circle, PYUSD’s circulating supply […]

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Nate Geraci Lays Out His Prediction on When the SEC Will Green-Light More Crypto ETFs
crypto-economy.com

TL;DR The SEC once again postponed decisions on several crypto ETFs, including proposals from Franklin, Grayscale, Bitwise, Invesco Galaxy, and Fidelity. Among the delayed products are ETFs based on Solana, XRP, HBAR, Dogecoin, and Ethereum funds with a staking option to generate yields. Nate Geraci predicted that approvals will arrive this year, driven by market […]

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Top Crypto Coins 2025 – Cold Wallet, Ethereum, Cardano & Binance Coin Reviewed
nulltx.com

Top Crypto Coins 2025 – Cold Wallet, Ethereum, Cardano & Binance Coin Reviewed 2025 isn’t about speculative hype, it’s about survival, upgrades, and solid user-focused development. With regulators tightening their grip and investors asking harder questions, only a handful of tokens are proving they can thrive. That’s why this list of the top crypto coins […]

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Biometric Crypto ID Project World Expands to US With Visa Card Partnership and Tinder Verification Pilot
news.bitcoin.com

World, formerly Worldcoin, announced its expansion into the United States, launching operations in six major cities: San Francisco, Los Angeles, Atlanta, Austin, Miami, and Nashville. The initiative, led by Tools for Humanity and co-founded by Sam Altman, opened flagship retail locations where individuals can scan their irises using Orb devices to create a World ID, […]

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