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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
Major meme coins Dogecoin, Shiba Inu slide as Turbo surges 250% in a month
Cryptocurrency prices are broadly stagnating on Tuesday, ahead of the Federal Reserve (Fed) meeting on the decision on interest rates on Wednesday. Leading meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) face sticky overhead pressure, making recovery elusive, while downside risks emerge.
Fxstreet
Tue, May 6
Major meme coins Dogecoin, Shiba Inu slide as Turbo surges 250% in a month
Cryptocurrency prices are broadly stagnating on Tuesday, ahead of the Federal Reserve (Fed) meeting on the decision on interest rates on Wednesday. Leading meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) face sticky overhead pressure, making recovery elusive, while downside risks emerge.Fxstreet
Tue, May 6
Best Cryptos To Buy In May: Why Smart Money Favors Dogecoin (DOGE) And Mutuum Finance (MUTM) Over Solana (SOL) In 2025
As the crypto market readies itself for a crazy May, institutional and early investors are dumping high-speed Solana (SOL) and setting their eyes on two unlikely contenders: Dogecoin (DOGE) and Mutuum Finance (MUTM). While SOL is maintaining its speed and scalability status, DOGE is gaining new momentum with cultural relevance and growing usefulness, and MUTM […]Cryptopolitan
Tue, May 6
Breaking Down The New US Crypto Market Structure Bill Draft: 6 Key Insights
In line with US President Donald Trump’s regulatory agenda aimed at fostering innovation and broader adoption of cryptocurrencies in the country, Fox journalist Eleanor Terret has reported that a new market structure discussion draft from the House of Representatives aims to clarify the treatm...Bitcoinist
Tue, May 6
Positive Bitcoin Forecast: Expert Anticipates BTC Will Not Dip Below $100K Next Year
As Bitcoin (BTC) inches closer to the coveted $100,000 mark, optimism in the broader cryptocurrency market is palpable. Following a recovery that saw Bitcoin rise to approximately $97,800 last week, it has since retraced to around $94,340, reflecting a slight 0.4% decrease over the last 24 hours, ac...NewsBTC
Tue, May 6
Trump and Wall Street’s top execs flying to Saudi next week to talk oil and gas
President Donald Trump is flying to Saudi Arabia next week with a group of America’s most powerful financial and tech leaders, where they will push for new oil and gas deals as part of a broader effort to get the Gulf to spend more money in the United States. The trip, which will include stops […]Cryptopolitan
Tue, May 6
Strategy Starts May With $180 Million Bitcoin Purchase—Will Larger Buys Follow?
Michael Saylor’s Strategy has announced a new Bitcoin purchase to start off May. Here’s how the rest of the month could go, based on past pattern. Strategy Has Just Added 1,895 BTC To Its Bitcoin Stack In a new post on X, Strategy chairman and co-founder Michael Saylor has announced the ...Bitcoinist
Tue, May 6
How Miners Can Protect Their Profits Amid Market Volatility
In the cryptocurrency market, price fluctuations are often one of the biggest challenges miners face. For many miners, even though they are using highly efficient mining equipment, the instability of market prices can still have a significant impact on their profits. In this context, how to ensure a stable income has become a core issue […]Cryptopolitan
Tue, May 6
Samourai Wallet accuses US authorities of concealing legal advice
Attorneys representing the co-founders of Samourai Wallet are claiming that US federal prosecutors concealed a legal opinion from the Treasury Department for more than a year, one that could undercut the government’s case against the service. The allegations, filed in a letter to a Manhattan federal court on Monday, assert that prosecutors charged the Samourai […]Cryptopolitan
Tue, May 6
Crypto Analyst Calls Wave 5 To Send XRP Price Above $6
With the XRP price struggling to break out of consolidation, there is still a lot left for the altcoin to do before a definite uptrend can be registered. So far, it seems that the XRP price has already made its way through multiple support levels. However, a wave count is yet to begin that could sen...NewsBTC
Tue, May 6
Ethereum Poised For 500% Upside As Bullish Pattern Reappears, Cardano, Mutuum Finance May Follow
Ethereum is putting on its best bullish chart look that foreshadowed a big rally in 2021, and now commentators are warning a 500% upside could materialize. Since ETH regained some of its might and spurring fresh enthusiasm around the altcoins, its impending breakout is ready to trigger similar action among its peers. Cardano (ADA), with […]Cryptopolitan
Tue, May 6
Bank of England to cut interest rates on Thursday
The Bank of England is getting ready to slash rates by 0.25 percentage points on Thursday, which will drop the UK’s benchmark interest rate from 4.5% to 4.25%. That decision is coming straight from the Monetary Policy Committee (MPC), and it’s likely gonna be the first of many as policymakers prepare for more cuts in […]Cryptopolitan
Tue, May 6
Alex Mashinsky faces a ‘death-in-prison sentence’ for Celsius collapse
Alex Mashinsky, the former CEO and co-founder of defunct crypto lender Celsius Network, is pushing back against what he calls a “venom-laced” attempt by federal prosecutors to secure a de facto life sentence. In a May 5 reply to the memorandum from the US Justice Department, the defendant is asking the court to grant him […]Cryptopolitan
Tue, May 6
Florida drops Strategic Bitcoin Reserve plans as bills are withdrawn indefinitely
The US state of Florida has indefinitely postponed and withdrawn two crypto bills to form the Strategic Bitcoin Reserve from consideration. The two bills, House Bill 487 (HB 487) and Senate Bill 550 (SB 550), which aim to allocate up to 10% of public funds to BTC, were closed on Saturday.
Fxstreet
Tue, May 6
SUI Breakout To $4 Imminent? Analyst Says A Correction To This Level Could Come First
SUI, one of the leading altcoins of this cycle, targets the key $4.00 barrier after its recent price surge. Amid its reclaim of key supports, an analyst suggests the cryptocurrency could retest a crucial level before its upcoming expansion. Related Reading: Avalanche Bounces Off Key Price Level: Top...NewsBTC
Tue, May 6
