New Hampshire has become the first US state to allow its treasury to invest in crypto assets after Governor Kelly Ayotte signed House Bill 302 into law on May 6. “New Hampshire is once again first in the Nation,” she said on X before adding, “Just signed a new law allowing our state to invest […]
TL;DR Ripple’s cross-border token notched an impressive 30% surge from the crash this time last month, but an important technical indicator suggests that there might be a correction on its way. For now, XRP remains within a tight range between a key resistance and a critical support line. Recall the developments that took place a […]
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 […]
According to recent Bernstein research, corporations could invest up to $330 billion in Bitcoin over the next five years. “We expect around $330 billion corporate treasury-led inflows to Bitcoin by 2029,” the analysts stated. This potential shift suggests Bitcoin is evolving from a speculative asset to a legitimate corporate treasury option. They added that, over the […]
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 […]
Although BTC failed at $100,000 and the broader market faced a minor 2.1% pullback, U.S. President Donald Trump has doubled down on his pro-crypto stance, calling the asset class “very popular,” “very hot,” and even “much stronger” than the stock market. The comments were made in a May 4 sit down with Meet the Press […]