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2998 Bitcoin traders brace for FOMC meeting as volatility looms bitcoin-traders-brace-for-fomc-meeting-as-volatility-looms May 7, 2025 admin - FOMC expected to hold rates at 4.25%–4.50%, CME tool shows 95.6% odds. - Swissblock flags $97K–$98.5K as key resistance zone. - Powell’s comments could tilt Bitcoin towards breakout or correction. Bitcoin is trading just below $94,000 as investors prepare for Wednesday’s Federal Open Market Committee (FOMC) meeting and Jerome Powell’s post-meeting press conference. Source: CoinMarketCap The Fed is widely expected to keep its benchmark interest rate steady at 4.25%–4.50%, with CME FedWatch Tool data showing a 95.6% probability of a rate hold. Despite this consensus, traders are bracing for volatility triggered by Powell’s comments on the economic outlook, inflation, and rate trajectory, which could sway risk sentiment across digital assets. Market participants are especially focused on forward guidance, as recent economic data and…

2996 Florida scraps Bitcoin reserve bills as state-level crypto adoption faces setbacks florida-scraps-bitcoin-reserve-bills-as-state-level-crypto-adoption-faces-setbacks May 7, 2025 admin - Florida’s decision follows a broader trend of legislative setbacks surrounding Bitcoin reserve proposals. - Similar bills have been shelved or blocked in states like Wyoming, Pennsylvania, Oklahoma, Montana, North Dakota, and South Dakota. - Only 19 US states are still actively exploring legislation related to state Bitcoin reserves. Florida has withdrawn two key bills aimed at creating a state-level strategic Bitcoin (BTC) reserve, marking a significant pause in momentum for state-driven crypto investment efforts across the US. House Bill 487 and Senate Bill 550, both introduced in February 2025, have now been “indefinitely postponed and withdrawn from consideration,” according to the Florida Senate website. The bills had sought to authorize the use of public funds to invest in…

2994 Loopring price jumps 14% as daily volume skyrockets loopring-price-jumps-14-as-daily-volume-skyrockets May 6, 2025 admin - Loopring (LRC) has surged more than 14% in the past 24 hours. - The native token of the Ethereum-based layer-2 scaling solution has also seen a massive jump in daily trading volume. - If bulls hold onto gains, LRC price could target highs of $0.44 in the short term. Loopring (LRC), the native token of the Ethereum-based layer-2 scaling solution, has surged by 14% in the past 24 hours, accompanied by a notable spike in trading volume. According to data from CoinMarketCap, the price of LRC now hovers around $0.1058, suggesting fresh interest in the decentralized finance (DeFi) protocol. LRC’s rally, which comes with a massive spike in volume, follows Loopring’s recent announcement of its official DeFi documentation that highlights innovative earning and trading solutions. But could this push the Loopring price higher? Loopring price jumps to a…

2992 Dogecoin faces $500 million liquidation test as price eyes $0.2 recovery dogecoin-faces-500-million-liquidation-test-as-price-eyes-0-2-recovery May 6, 2025 admin - Ichimoku and RSI indicators show no bullish momentum. - The coming days could determine whether DOGE stages a recovery or slides into a deeper correction. - DOGE lags behind Bitcoin and Ethereum amid broader altcoin pullback. Dogecoin is navigating a volatile phase as its price hovers just above key support levels. After hitting a local high near $0.2, DOGE has trended downward, raising fresh doubts about the memecoin’s strength in the current market. While leading cryptocurrencies like Bitcoin and Ethereum continue to consolidate, Dogecoin has struggled to maintain momentum. The asset risks erasing nearly all gains from the past 30 days unless it can break through critical technical barriers and absorb significant short liquidations, estimated to exceed $500 million. The coming days could determine…

2991 will Bitcoin price soar past $100K as trade tensions ease? will-bitcoin-price-soar-past-100k-as-trade-tensions-ease May 5, 2025 admin - Trump acknowledged that the existing 145% US tariff on Chinese imports is ‘too high’. - Currently, the US and China are locked in a steep tariff battle. - Bitcoin and Ethereum have shown strong performance during periods of dovish monetary policy and reduced inflation. US President Donald Trump has signaled a willingness to lower tariffs on Chinese goods. The announcement comes amid escalating speculation about how such a policy shift could impact inflation, interest rates, and digital assets like Bitcoin and Ethereum. Trump’s comments have already sparked renewed interest among crypto investors, who see a potential rally in the making. Speaking in a recent CNBC interview, President Trump acknowledged that the existing 145% US tariff on Chinese imports is “too high” and has effectively crippled bilateral trade. “At some point, I’m…

2989 NEAR and PepeX revive the AI narrative near-and-pepex-revive-the-ai-narrative May 5, 2025 admin As Bitcoin pursues $100K on enhanced optimism, crypto enthusiasts explore narratives that could fuel the upcoming broad-based rallies. Let’s check why investors will watch NEAR and the viral PepeX in the coming sessions. NEAR, “the Bitcoin of AI tokens,” eyes a potential breakout as a bullish structure aligns with optimistic chatter. Meanwhile, PepeX’s advanced tokenization Launchpad grabs investor attention. It has nearly $2 million in the ongoing presale. NEAR hints at imminent breakouts Near Protocol’s native coin exhibits a bullish price structure, suggesting potential upswings. The token has secured solid grounds after months of subtle accumulations and consolidations. Meanwhile, the expanding ecosystem and continued developments have kept the asset afloat. Recently, Near Protocol expanded chain abstraction capabilities to Solana, TON, Aptos, Sui, and Stellar. The…

2988 Bitcoin dominance rises, Solana prepares a surge as CartelFi surges bitcoin-dominance-rises-solana-prepares-a-surge-as-cartelfi-surges May 4, 2025 admin Bitcoin’s dominance is undeniable with CMC’s altcoin season index substantiating the Bitcoin season at a level of 21. However, meme coins are making a comeback and investors are on the lookout for fresh projects promising hefty returns from little investments. The attention is particularly on new entrants whose foundation is more than just a viral joke. One such meme crypto is CartelFi. It enables investors to earn passive income without compromising on the asset’s upside potential. What’s more, even before the highly anticipated launch in Q3, early adopters are already earning big during its presale. With every 3-day stage, CARTFI token price surges by 5%. By the end of the 90-days period, the project will have transformed several retail investors into crypto millionaires. Bitcoin price analysis: Neutral market…

2986 Crypto trading boom lifts Kraken Q1 revenue to $472 million crypto-trading-boom-lifts-kraken-q1-revenue-to-472-million May 3, 2025 admin - EBITDA for the quarter reached $187.4 million, a 17% increase. - Trading volume rose 29% amid a 35% rally in Bitcoin prices. - Launch of institutional FIX API boosted futures volumes by 250%. Kraken, one of the longest-operating cryptocurrency exchanges in the United States, reported a 19% year-on-year increase in revenue for the first quarter of 2025, reaching $472 million. The jump in trading activity followed heightened price volatility across the crypto market, largely driven by the return of Donald Trump to the White House and his pro-crypto policies, which included discussions of a national Bitcoin reserve. Kraken’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) reached $187.4 million, up 17% from Q1 2024. However, despite strong numbers, regulatory pressure, rising competition, and market…

2984 Metaplanet issues $24.8M in bonds to boost Bitcoin holdings past 5,000 BTC metaplanet-issues-24-8m-in-bonds-to-boost-bitcoin-holdings-past-5000-btc May 2, 2025 admin - The funds raised will be specifically allocated for further Bitcoin purchases. - The bonds were sold in full to EVO FUND. - The bonds offer investors the potential for early repayment if certain conditions are met. Tokyo-based Metaplanet is taking steps to expand its cryptocurrency portfolio by issuing ¥3.6 billion (approximately $24.8 million) in bonds to fund the acquisition of more Bitcoin (BTC). This move comes as the Japanese hotel firm’s Bitcoin holdings surpass the 5,000 BTC mark. The bonds, which carry no interest, are set to be redeemed at their par value on October 31, 2025, or earlier, if the bondholder requests repayment. The funds raised will be specifically allocated for further Bitcoin purchases, continuing the company’s earlier strategy to increase its digital asset investments. The…

2982 Status (SNT) price up after 35% dev activity rise status-snt-price-up-after-35-dev-activity-rise May 2, 2025 admin - Status (SNT) price jumpd 38% in the past 24 hours. - Gains see the altcoin rank among best gainers today. - SNT broke to near $0.030 amid network growth, though potential for profit taking is high. Status (SNT), the utility token powering the Status Network, has seen a remarkable price surge. According to data from CoinMarketCap, SNT price is up 38% in the past 24 hours and over 60% in the past week. Its performance has overshadowed the plummeting MANTRA. Having broken above resistance at $0.023, Status price jumped to near $0.030 before paring some of the gains. Despite this, SNT ranks among the top gainers in the top 500 coins by market cap, behind Ardor (ARDR) and Fuel Network (FUEL). The altcoin traded around $0.028 with the daily volume spiking more than 1,200% to suggest massive market activity. 🔥 Top 10 Daily Gainers ⚡️ The Coins Taking Off in…