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Crypto Markets Skyrocket by Almost $400B in Days as BTC Price Surges Past $103K (Weekend Watch)

Bitcoin’s recent price ascent took the asset to a new multi-month peak of over $104,000 where it faced some resistance and now sits above $103,000. Many altcoins continue to post impressive gains, with ETH standing well above $2,300, while DOGE has soared past $0.21. BTC’s Impressive Week If we roll back the clock to May […]

Ex-Celsius CEO Alex Mashinsky Sentenced to 12 Years in Prison for Fraud

Former Celsius Network CEO Alex Mashinsky was sentenced to 12 years in federal prison on Thursday. The decision follows his December guilty plea to organizing a fraudulent scheme that misled investors and manipulated the market value of Celsius’s native token, CEL. Sentencing Details The U.S. Attorney’s Office, Southern District of New York, announced Mashinsky’s prison […]

Will Markets Move Higher When $2.6B Bitcoin Options Expire? 

Around 26,000 Bitcoin options contracts will expire on Friday, May 9, and they have a notional value of roughly $2.57 billion. This week’s event is virtually identical to last week’s expiry event, as derivatives crypto trading has remained muted. This may change now, though, as spot markets are ripping higher. Bitcoin Options Expiry This week’s […]

New Purpose-Built Blockchain T-Rex Raises $17 Million to Transform Attention Layer in Web3

[PRESS RELEASE – Hong Kong, Hong Kong, May 9th, 2025] Launching Summer 2025, T-Rex’s built-in distribution engine introduces a radically simple idea: rewarding people seamlessly for doing what they already love online. T-Rex, a purpose-built blockchain for entertainment, content, and cultural virality, today announced a $17 million fundraise and Incubation Fund to revolutionize online content publishing […]

Ethereum Foundation Commits $32.65M to Advance L2 Efficiency and Education

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, […]