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In a bold move signaling confidence in Bitcoin’s future, Japan’s Metaplanet has further strengthened its position in the digital currency market, raising $25 million through a fresh share issuance. This follows the company’s latest acquisition of 555 BTC, valued at a staggering $53.4 million, at an average price of $96,134 each. The Tokyo-listed firm now…
Ethereum has officially launched the Pectra upgrade, hailed by core developers as the network’s most ambitious transformation yet. Activated at 6:05 AM ET on May 7, the hard fork introduced groundbreaking changes aimed at enhancing usability, validator performance, and transaction scalability. Pectra marks Ethereum’s most significant advancement since the Dencun upgrade in 2024. Within minutes…
The KAITO token surged by over 40% on May 7, marking one of its strongest single-day performances yet. The sharp rally, which sent prices to an intraday high of $1.17 before settling near $1.13, reflects growing investor enthusiasm following a wave of strategic developments and technical bullish signals. At the core of this momentum is…
TRON is making waves in the crypto world with a record-breaking surge in stablecoin supply—but its native token, TRX, is still fighting to gain price momentum. According to DeFiLlama, TRON’s network now hosts $71.9 billion worth of stablecoins as of May 7, reaching an all-time high. This growth follows Tether’s latest $1 billion USDT mint…
Dogecoin (DOGE) finds itself in a delicate balancing act as traders eye key resistance and support levels heading into May 8. After slipping below $0.1680 last week, the meme coin is staging a mild recovery, trading near $0.1720 as bulls attempt to reclaim lost ground. A fresh diagonal support line on the 4-hour chart is…
Solana (SOL) showed signs of recovery in early trading on May 8, climbing back to $146.50 after briefly dipping below $144.50. The rebound followed a bullish engulfing candle and a break above the 20 and 50 EMAs on lower timeframes. However, SOL’s momentum hit a wall at the $149 resistance — a key level that…
Ethereum is gearing up for its most significant network upgrade since the 2022 Merge — the Pectra upgrade, scheduled to go live on May 7th. As anticipation builds, traders and analysts alike are eyeing the charts for signs of a potential ETH price rally, driven by both technical momentum and fundamental upgrades. Pectra introduces 11…
In a bold move that could reshape the Layer 1 (L1) blockchain landscape, Binance founder Changpeng Zhao (CZ) has proposed slashing BNB Chain gas fees by up to 10 times. The initiative aims to position BNB Chain as the sweet spot between Ethereum’s robust ecosystem and Solana’s lightning-fast, low-cost transactions. Currently, BNB Chain already boasts…
Despite mounting losses and declining retail interest, the Shiba Inu (SHIB) community is proving remarkably resilient. According to the latest data from IntoTheBlock, 78% of SHIB holders have held their tokens for more than a year, signaling long-term confidence in the meme coin—even as prices dip and market sentiment weakens. Currently, 59% of SHIB holders…
In a powerful show of investor confidence, BlackRock’s iShares Bitcoin Trust (IBIT) has posted 16 consecutive days of inflows, propelling Bitcoin’s price to briefly cross the $97,000 mark on May 7. The momentum highlights growing institutional appetite for BTC exposure through spot ETFs, even as other funds struggle to maintain traction. According to HODL15Capital, the…