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Trump tariffs to remain for at least the next 3 years – Ford’s CEO
Jim Farley, CEO of Ford Motor Company, says he expects tariffs to stay in place for at least three years. The company also said that it expects to lose billions in this war. However, it has maintained a positive stance and keeps taking risks, like maintaining the price for its vehicles if not going lower. […]
Cryptopolitan
Tue, May 6
Crypto VC funding slowed down to a four-year minimum in April
VC funding slowed down in April, with fewer deals and a shift to late-stage rounds. New project launches took a step back as traders were still suspicious of insider ownership.
Cryptopolitan
Tue, May 6
Worldcoin Collapsing? Two Nations Ban Biometric Crypto Project
The Sam Altman-backed cryptocurrency venture Worldcoin is facing stern legal issues on more than one front. A Kenyan court has ruled that the firm’s business is not legal, a day after Indonesian officials suspended its activities. The one-two regulatory blows have caused Worldcoin’s toke...
Bitcoinist
Tue, May 6
UK Treasury says it doesn’t want anything to do with a Bitcoin reserve
The UK Treasury doesn’t want a Bitcoin reserve and it’s making sure we get that. Speaking at the Financial Times Digital Asset Summit in London, Emma Reynolds, the Economic Secretary for the Treasury, said on record that the UK won’t be copying the United States government’s crypto hoarding. “We don’t think that’s appropriate for our […]
Cryptopolitan
Tue, May 6
$25 Million Pledge From Ripple Set To Benefit Teachers And Students Across The US
Ripple, the blockchain technology company, has announced a significant commitment of $25 million aimed at supporting US classrooms and teachers. This initiative is designed to equip both students and educators with essential resources to improve academic outcomes, foster economic resilience, and pre...
NewsBTC
Tue, May 6
Spain’s blackout was a $454 million hit to the economy
Spain’s largest blackout on record shaved almost €400 million from the economy, Spain’s biggest domestic bank says, after an hours-long power cut stopped shopping and travel across most of the mainland. CaixaBank studied card payments, online orders, and cash withdrawals. It found that consumer spending on Sunday, 28 April, fell 34% during the blackout. Some […]
Cryptopolitan
Tue, May 6
Top Expert Picks – Cardano (ADA), and 2 Must-Have Altcoins Under $0.05 to Buy Now
With May picking up momentum, leading crypto experts are wagering on three under-the-radar altcoins, beginning with Cardano (ADA) for long-term viability. However, it is the lower, less established tokens below $0.05 that are drawing interest. As Shiba Inu (SHIB) continues to captivate meme coin fans and Mutuum Finance (MUTM) receiving serious interest due to its […]
Cryptopolitan
Tue, May 6
The Best Meme Coins to Buy as Santiment Analysis Hints at a Market Recovery
Santiment analysis shows that the meme coin market is in full recovery, which means that it may be time to look at the best meme coins to buy in 2025. The assessment came in the form of a more extensive report, pointing at a 10.2% growth for the crypto market as a whole and linking […]
Bitcoinist
Tue, May 6
Insiders made $100 million on MELANIA token minutes before Melania Trump’s post
The Financial Times has uncovered how insiders made $99.6 million on the MELANIA memecoin. According to the report, the insiders bought the token a few minutes before its official launch and cashed out big on the trade. The report identified 24 addresses that bought 16.77 million of the Melania Trump-affiliated tokens for $2.6 million within […]
Cryptopolitan
Tue, May 6
Worldcoin Launches in the US, AI Coins Like SUBBD to Skyrocket
Worldcoin ($WLD), the native crypto of the Altman-backed ‘World Orb’ eye-scanning project, is now available in most parts of the US. Tools for Humanity’s ‘World orb’ is an initiative by the OpenAI founder that offers people $WLD in exchange for scanning their eyes. The ...
NewsBTC
Tue, May 6
Binance Founder CZ Predicts Bitcoin Could Hit $1 Million This Cycle
In an exclusive, two-hour conversation recorded in Abu Dhabi during Token 2049, Changpeng “CZ” Zhao laid out the most unabashedly bullish outlook on Bitcoin that he has voiced since leaving the helm of Binance. Speaking to Farokh Sarmad for Faroq Radio, the exchange founder—fresh from a four-month f...
Bitcoinist
Tue, May 6
Crypto Analyst Predicts How High XRP Could Soar If Bitcoin Hits $250,000
In a post on X, crypto analyst Dr Cat (@DoctorCatX) laid out a detailed road map for the XRP/BTC pair that hinges on both the thickness of the monthly Ichimoku cloud and Bitcoin’s eventual trajectory toward six-figure territory. The analyst’s working target is a test of 5,200 satoshis by June—a leve...
NewsBTC
Tue, May 6
Canadian manufacturers turn away from U.S. amid Trump tariffs
Canadian manufacturers are targeting new markets for their trade as U.S. tariffs under President Donald Trump unsettle the trade links between the two countries. A British Columbia firm that produces capsules and tablets for the drug industry is now looking for partners in Asia, while a steel component maker that has supplied U.S. buyers for […]
Cryptopolitan
Tue, May 6
Trump’s Crypto Dinners & New Crypto Democratization Bill Could Rally These Best Altcoins
A potent mix of political showmanship and landmark regulatory proposals in the U.S. this month could be the spark for an explosive altcoin season. Influential crypto insiders are watching two key developments: 1. President Trump’s headline-grabbing crypto dinners, including a gala for his $TRUMP mem...
Bitcoinist
Tue, May 6
Trump’s Crypto Dinners & New Crypto Democratization Bill Could Rally These Best Altcoins
A potent mix of political showmanship and landmark regulatory proposals in the U.S. this month could be the spark for an explosive altcoin season. Influential crypto insiders are watching two key developments: 1. President Trump’s headline-grabbing crypto dinners, including a gala for his $TRUMP mem...
Bitcoinist
Tue, May 6
AI agent platform Virtuals Protocol is now mostly controlled by whales
Virtuals Protocol (VIRTUAL) saw increased interest from smart money wallets. Accumulation by whales locked 93% of the VIRTUAL supply in the top 100 wallets.
Cryptopolitan
Tue, May 6
Ethereum Open Interest Drops To November 2024 Levels, But Price Remains Below $2,000
Ethereum open interest has fluctuated wildly through the last few months as the market had been under the control of sellers. Ethereum especially suffered after crashing from $4,000 to below $2,000 in the space of four months. During this time, the Bitcoin price has remained close to its all-time hi...
Bitcoinist
Tue, May 6
Ethereum Open Interest Drops To November 2024 Levels, But Price Remains Below $2,000
Ethereum open interest has fluctuated wildly through the last few months as the market had been under the control of sellers. Ethereum especially suffered after crashing from $4,000 to below $2,000 in the space of four months. During this time, the Bitcoin price has remained close to its all-time hi...
Bitcoinist
Tue, May 6
Is This The Spark? New Bitcoin Metric Points To Bullish Shift
Bitcoin dipped marginally after reaching a new peak above $97,000 on May 2. It retreated to just below $94,000, a 3% to 4% decline from its recent high. Although short-term price movements are keeping traders nervous, longer-term on-chain data is beginning to exhibit signs that may influence what ha...
NewsBTC
Tue, May 6
Squid Game tied memecoins rally 5%+ after the show’s third and final season teaser
A teaser for the third and final season of Netflix’s global hit Squid Game has triggered a short-term rally for memecoins associated with the series. One Squid Game-branded token (SQUID) has surged by over 5% hours after the trailer featured on YouTube late Monday. Netflix confirmed that Squid Game Season 3 will premiere globally on […]
Cryptopolitan
Tue, May 6
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