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Donald Trump Jr-backed Kalshi is in the clear, CFTC withdraws appeal
The U.S. Commodity Futures Trading Commission (CFTC) has finally decided to dismiss its appeal against Kalshi, a derivatives trading platform, in a case that saw the agency debating the legality of election event contracts. According to reports, the CFTC filed a motion on May 5, 2025, with the D.C. Circuit Court to voluntarily dismiss its […]
Cryptopolitan
Tue, May 6
New Hampshire becomes first US state to approve Bitcoin reserve investment
New Hampshire has become the first state in the US to enact a Strategic Bitcoin Reserve law after Governor Kelly Ayotte signed the House Bill (HB) 302. This concludes the process that started in January when Rep Keith Ammon proposed the Bill. With the move, the state treasurer now has the authority to invest 5% […]
Cryptopolitan
Tue, May 6
Silk Road-linked wallets move 3,421 BTC worth $322.5M; over a decade of dormancy
Two dormant Silk Road-linked wallets on May 5 moved 3,421 Bitcoin worth approximately $322.5 million.
Cryptopolitan
Tue, May 6
Why Analysts Say This New Cryptocurrency Could Beat Trump Coin by 25x in 2025 — Full Investor Breakdown and Price Forecast
MAGACOIN FINANCE is accelerating past all early expectations. With $8 million already raised, investors are now asking the critical question: how far can this presale go before listings take it mainstream? While Trump Coin ($TRUMP) continues to dominate media cycles, analysts are increasingly pointing to a different politically charged token — one that’s still under […]
Cryptopolitan
Tue, May 6
Carney fires back at Trump saying Canada is not for sale
Canadian Prime Minister Mark Carney firmly rejected annexing Canada, saying, “Canada is not for sale.”
Cryptopolitan
Tue, May 6
Ethereum Consolidates As Accumulation Trend Develops – New Bullish Phase Ahead?
Ethereum is under pressure after failing to break above the $1,874 high set on May 1st, a level that now acts as stiff resistance. As the broader crypto market begins to heat up, Ethereum remains stuck in a tight range, lacking the momentum to confirm a breakout. Currently trading just above $1,800,...
NewsBTC
Tue, May 6
Which One Will Make You Richest in 2025? Cardano (ADA) At $10 Or Mutuum Finance (MUTM) Token Price At $5
The presale phase of Mutuum Finance now in phase 4 has raised $7.6 million by selling 443 million tokens to 9,500 separate holders. Cardano (ADA) on the other hand maintains stagnant market performance while it continues to stay beneath $1 despite predictions for $10 in the future. The crypto market teems with opportunity, yet these […]
Cryptopolitan
Tue, May 6
Degens debate Zerebro co-founder’s death, while his wallets dump tokens and traders get rekt
The crypto community is once again engulfed in controversy over the supposed death of Jeffy Yu, co-founder of Solana-based memecoin project Zerebro. While some believe Yu passed away in a reported suicide, lack of evidence from the coroner’s office and on-chain activity tells a different story, as his wallets are very much alive, dumping tokens […]
Cryptopolitan
Tue, May 6
Trump ramps up passive-aggressive pressure on Canada ahead of new PM’s visit
The new Canadian prime minister, Mark Carney, is set to meet U.S. President Donald Trump. Ahead of their meeting, Trump remains a hard read, signaling both a welcome and a warning in his social media post. The tension between Canada and the United States remains delicately poised as the leaders of both nations are set […]
Cryptopolitan
Tue, May 6
MARA Holdings Inc
expected to post earnings of 16 cents a share - Earnings Preview
MARA Holdings Inc MARA.OQ MARA.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Fort Lauderdale Florida-based company is expected to report a 34.2% increase in revenue to $221.638 million from $165.2 million a year ago, accor...
Reuters
Tue, May 6
Treasury yields remain steady as investors await Fed’s policy meeting
Treasury yields held high on Monday as investors await the Fed’s policy meeting.
Cryptopolitan
Tue, May 6
Bitcoin Short-Term Holders Not Selling Yet: NUPL Suggests Upside Potential
Bitcoin is under pressure as bullish sentiment begins to fade and sellers regain control. After weeks of strength, BTC is now testing the critical $92,000–$93,000 support zone, attempting to confirm this level as a base for continuation. However, if selling pressure continues to rise, a breakdown be...
Bitcoinist
Tue, May 6
Coinbase Global Inc
expected to post earnings of $2.11 a share - Earnings Preview
Coinbase Global Inc COIN.OQ COIN.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The New York City-based company is expected to report a 29.4% increase in revenue to $2.12 billion from $1.64 billion a year ago, according to the ...
Reuters
Tue, May 6
This Polymarket trader will take $400K if the Fed cuts rates tomorrow
Fed’s decision on Wednesday is awaited by Americans but more so by Polymarket bettors. One investor bet $7k on a decrease in interest rates by 25bps. However, the odds are pointing in a different direction. According to the majority of polymarket bettors (98%), the Fed will not change the interest rates. On the other hand, […]
Cryptopolitan
Tue, May 6
Elliot Wave Theory Shows Where Bitcoin Is In This Cycle – Bull Rally Over?
Crypto analyst Tolimanu has used the Elliott Wave Theory to provide insights into where Bitcoin currently is in this market cycle. Based on his analysis, the bull run is not yet over, with the flagship crypto set to reach new highs. Elliot Wave Theory Shows Bitcoin’s Current Position In This Cycle I...
NewsBTC
Tue, May 6
Boop.fun token launches fall by 90% despite bid to outcompete Pump.fun
Boop.fun started out with over 10K tokens on its first day, but launches slowed down to a trickle. The new platform relies on KOLs for its meme creation, but is yet to prove a sustainable rival to Pump.fun.
Cryptopolitan
Tue, May 6
Solana sees slight decline despite DeFi Development Corp's $11.2 million and SOL Strategies' $18.2 million SOL purchases
Solana (SOL) dropped to $142 on Tuesday despite DeFi Development Corporation's latest purchase of 82,404 SOL, raising its total holdings above 400,000 SOL. Likewise, Toronto-based company SOL Strategies also acquired $18 million worth of SOL at an average price of $148.96 per token.
Solana
Fxstreet
Tue, May 6
First In The Nation: New Hampshire Establishes Strategic Bitcoin Reserve
In a major development for the broader digital asset adoption in the US, New Hampshire legislators have approved a bill to create the first state-level Bitcoin (BTC) and cryptocurrency reserve in the United States. New Bitcoin Reserve Legislation Governor Kelly Ayotte announced the decision on socia...
Bitcoinist
Tue, May 6
KuCoin releases 30th consecutive proof of reserves report: BTC at 106%, ETH at 116%
KuCoin cryptocurrency exchange has released its 30th Proof of Reserves report. According to the report, all of the top cryptocurrencies on the exchange are overcollateralized and completely reserved as of April 30, 2025. As per the data, Bitcoin reserves are covered at 106%, Ethereum at 116%, USDT at 114%, and USDC at 109%. This transparency […]
Cryptopolitan
Tue, May 6
Bitcoin Price Retracement: Crypto Pundit Says Keep An Eye On This CME Gap
The Bitcoin price experienced a sluggish weekend, retracing toward the $95,000 mark as traders closed out positions and volume dried up. However, a crypto analyst is now eyeing a potential upside move as the Chicago Mercantile Exchange (CME) prepares to reopen, revealing a notable gap that could act...
Bitcoinist
Tue, May 6
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