The Ethereum Foundation has allocated $32.65 million in grants through its Ecosystem Support Program (EFESP) during the first quarter of 2025. In a May 8 update, the foundation broke down the allocations by category, type, and recipient, but it did not provide information on how much each beneficiary received. Project Details According to the post, […]
The broader cryptocurrency market has charted a notable increase over the past hours following an announcement from the US president about a “major trade deal” expected to be announced tomorrow. BTC, ETH, XRP, Altcoins Gain As CryptoPotato reported, Bitcoin’s price is seemingly aimed for the important technical and psychological resistance level at $100,000. The broader cryptocurrency market […]
Crypto.com is growing its U.S. presence with a new regional office in Washington, D.C. This development comes as 21Shares has introduced a new Exchange-Traded Product (ETP) that gives investors regulated access to Crypto.com-supported blockchain Cronos. Return to the American Market According to a May 7 press release shared with CryptoPotato, the new office will be […]
Bitcoin’s price seems to be on the verge of hitting the coveted $100K level ahead of this weekend’s meeting between representatives of the United States and China. BTC Eyes $100K At the time of this writing, BTC’s price is trading above $99,000, currently sitting in an area of considerable resistance, as seen in the chart […]
Major industry figures, such as Chris Dixon and Brian Armstrong, have publicly backed the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. This endorsement comes ahead of a key Senate vote scheduled for this Thursday. Industry Support Introduced in February 2025 by Senator Bill Hagerty, the GENIUS Act is co-sponsored by Senate […]
Bitcoin prices reached an intraday and five-day high of $97,650 during early trading in Asia on Wednesday, May 7. The move has returned the asset to the same level it reached on May 2, where it hit resistance and retreated back below $94,000. Today’s jump added almost $4,000 to BTC prices in around 12 hours, but […]
Bitcoin Core developers have confirmed that the next software release will lift the long-standing 80-byte restriction on OP_RETURN transaction outputs. The decision was met with concern in the crypto space as users expressed dissatisfaction with the move. OP_RETURN Has Outlived Its Purpose The information was relayed in a May 5 GitHub announcement by Bitcoin developer […]
Bitcoin (BTC) may be facing short-term volatility, but fresh on-chain data from Glassnode suggests a resilient foundation beneath the market’s surface. Despite a recent pullback from its all-time high (ATH) of over $109,000, BTC has rebounded from its April lows near $75,000 to consolidate above $94,000, putting 88% of its circulating supply in profit. Market […]
Bitcoin and crypto markets could face headwinds preventing new peaks if certain scenarios play out, wrote Bitcoin researcher and author Timothy Peterson. The economist provided the analysis to counter his bullish prediction that BTC could reach $135,000 in the next three months or so. Continued poor or declining sentiment could impact crypto markets should things not […]
The digital asset space is bracing for impact as more than $389 million worth of token unlocks are slated to hit the market this week. The unlock wave will include large, one-time cliff unlocks as well as linear, more gradually distributed unlocks. A Flood of New Supply Enters the Market Data from blockchain analytics platform […]