Month: May 2025

Nasdaq gains as Microsoft, Meta earnings soothe Wall Street jitters

U.S. stocks climbed on Thursday, led by the Nasdaq, as upbeat earnings from Microsoft and Meta reassured investors who were wary of the economic impact of President Trump’s escalating trade war with China. The Nasdaq Composite index closed near session…

Bitcoin Miners Bleed $40M in April as Fourth Straight Revenue Drop Deepens the Crunch

Bitcoin miners brought in $40 million less in revenue during April than they did in March, marking the fourth straight month of dwindling returns since December as the sector continued its downward earnings trend. April Wrecks Bitcoin Miners Again—Revenue Slides…

Coinbase to delist Movement’s MOVE token amid market-making controversy

Key Takeaways Coinbase will suspend MOVE token trading on May 15 after a listing review. The Movement project faces controversy after a scandal involving market manipulation. Share this article Coinbase announced Thursday that it will disable trading of Movement’s MOVE…

Avalanche’s AVAX Gears for $30+ Rally as MapleStory N GameFi Launch Nears

Avalanche crypto is gearing up for a mega AVAX price rally to $30 as new Mapestory n GameFi launch beckons – here’s everything to know. Avalanche’s native token AVAX .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Price Volume in…

ETF Momentum Breaks: Bitcoin and Ether Funds Record Net Outflows After Strong Run

After more than a week of uninterrupted gains, both bitcoin and ether ETFs saw net outflows on Wednesday, April 30. Bitcoin ETFs lost $56 million, while ether ETFs gave back $2.36 million, pausing the recent bullish streak. Bitcoin ETFs See…

World Liberty’s USD1 to Power $2B MGX Investment in Binance

Donald Trump’s World Liberty Financial (WLFI) has announced that its newly launched stablecoin, USD1, will be the settlement currency for a $2 billion investment by Abu Dhabi-based MGX into Binance. The revelation, made at the ongoing Token2049 conference in Dubai…

Uniswap price could surge as Unichain flips Ethereum, Polygon, Sei in key metrics

Uniswap price crashed to a crucial support level and did not participate in the recent crypto market bull run.  Uniswap (UNI) has been hovering around $5.30 over the past four weeks, a price that’s down 72% from its December highs. However,…

VIRTUAL token surges 183% in April amid rising institutional demand

Institutional interest drives the VIRTUAL rally. Chaikin Money Flow signals strong capital inflows. The price pattern shows a bullish formation. While most digital assets struggled to maintain direction in April, VIRTUAL emerged as one of the few cryptocurrencies to post…

Ethena Labs to Integrate USDe Stablecoin With TON Blockchain for Telegram Users

Ethena Labs will bring its USDe synthetic dollar and its staking counterpart, tsUSDe, to The Open Network (TON) blockchain, unlocking access to dollar-denominated savings for Telegram’s 1 billion users through self-custodial wallets starting in May 2025. TON Ecosystem to Support…

$1.7 trillion Morgan Stanley plans to enable Bitcoin, crypto trading on its E-Trade platform

Key Takeaways Morgan Stanley plans to add crypto trading to its E-Trade platform next year. The firm may partner with established crypto firms to facilitate trading of Bitcoin and Ether on E-Trade. Share this article Morgan Stanley, which oversees $1.7…