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Crypto
Bitcoin bulls prep $97K resistance showdown as gold dips 8% from highs
Bitcoin (BTC) gained 3% on May 1 as a new month saw shorts struggle to keep price pinned.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin pressures shorts after 3%…
Coinbase suspends trading for MOVE token
Coinbase is halting trading of Movement Labs’ MOVE token on May 15, citing noncompliance with its listing standards. Breaking news Crypto exchange Coinbase has announced it will…
Devs introduce Ethereum R1 layer-2 scaling solution
A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the…
Federal crypto legislation could come with a ‘New York State of Mind’
Love it or leave it, New York State has been a force in crypto regulation.Ten years ago, the state created the United States’ first comprehensive regulatory framework for firms…
Bitcoin to $1M by 2029 fueled by ETF and gov’t demand — Bitwise exec
Bitcoin’s expanding institutional adoption may provide the “structural” inflows necessary to surpass gold’s market capitalization and push its price beyond $1 million by 2029,…
21Shares files for US spot Sui ETF after European launch
Major European cryptocurrency investment firm 21Shares has filed for a spot Sui exchange-traded fund (ETF) in the United States, marking another step in its expansion to the US…
Real-world assets do not need institutions yet, Plume CEO says
Amid the intensifying global race to tokenize real-world assets, the market is still too nascent for institutional adoption, according to Chris Yin, the co-founder and CEO of…
Morgan Stanley eyes crypto rollout for E*Trade platform: Bloomberg
Banking giant Morgan Stanley reportedly plans to list cryptocurrencies on its E*Trade investment brokerage and trading platform.According to a May 1 Bloomberg report, the firm…
MultiBank, MAG, Mavryk ink world’s largest $3B RWA tokenization deal
MultiBank Group, the world’s largest financial derivatives institution based in Dubai, has signed a landmark $3 billion real-world asset (RWA) tokenization agreement with United…
Bitcoin eyes gains as macro data makes US recession 2025 ‘base case’
Key points:Bitcoin traders wait for signals of US economic policy loosening as data forces the Federal Reserve into a corner.Recession is more likely than not, sources say, amid…