Bitcoin Miners WULF and MARA Outperform Peers With 4× Revenue Multiples as IREN Trails Behind
The latest on-chain revenue analysis by CryptoQuant has brought to light notable valuation discrepancies among leading Bitcoin miners. According to the report, Terawulf (WULF) and Marathon Digital Holdings (MARA) are trading at 4.4× price-to-sales ratios, the highest in the sector,…
UBS Report: Asia’s Billionaires Diversify Holdings with Bitcoin, Gold Amid Dollar Uncertainty
Amid escalating geopolitical tensions and fluctuating markets, Asia’s richest investors are pulling back from the U.S. dollar and reallocating assets into Bitcoin, gold, and Chinese markets, as revealed by UBS executive Amy Lo during a Bloomberg event in Hong Kong….
Hyperliquid Surges Beyond $20 — Potential 41% Rally to $29 in Sight
Hyperliquid (HYPE) has successfully transformed the $20 resistance level into a formidable support zone, indicating a strong bullish breakout that could propel prices toward $29 — a potential 41% upside. Technical Analysis: Breakout Confirms Bullish Momentum After weeks of consolidation…
GENIUS Act Vote Fallout: Crypto Industry Braces for Extended Uncertainty
The U.S. Senate’s decision to block the GENIUS Act on Thursday has left the crypto sector in limbo, raising concerns about the country’s ability to regulate stablecoins and maintain its position as a global blockchain hub. Despite initial optimism, the…
South Korea’s Stablecoin Boom Reaches $19 Billion Amidst Crypto Outflows and Regulatory Gaps
South Korea’s cryptocurrency market has experienced a massive surge in stablecoin transactions, with top exchanges Upbit, Bithumb, Coinone, Korbit, and Gopax transferring approximately 56.8 trillion won ($40.4 billion) worth of digital assets overseas during the first quarter of 2025. Notably,…
BITE Protocol Launches on SKALE to Curb $1.8 Billion MEV Losses, Enhancing Blockchain Fairness
In a strategic move to combat Maximal Extractable Value (MEV) exploitation, SKALE Labs has rolled out its BITE Protocol, a consensus-level encryption solution designed to safeguard blockchain transactions from front-running and other malicious practices. MEV, estimated to cost DeFi users…
SPACE ID and Floki Unveil Web3 Identity Hub with On-Chain Resumes and Verified Profiles
In a significant step towards enhancing digital identity within Web3, SPACE ID has partnered with Floki to launch the Floki Hub, a decentralized identity platform powered by the $FLOKI token and the Floki Name Service. Unveiled on May 8, the…
Bitcoin Soars Beyond $100K Amid Trump’s UK Trade Deal – Is the Rally Here to Stay?
Bitcoin surged past the $100,000 milestone on Thursday, fueled by optimism surrounding President Donald Trump’s newly announced trade deal with the UK. The agreement, dubbed a “maxed-out deal” by Trump, is being positioned as a pivotal move to restore global…
Robinhood Sets Sights on Tokenized U.S. Stocks for European Investors, Eyes Blockchain Integration
Robinhood Markets Inc. is preparing to launch a blockchain-based platform that would allow European investors to trade tokenized U.S. securities, according to a report by Bloomberg. The initiative, still in its preliminary stages, could involve partnerships with prominent blockchain networks…
MoonPay Integrates TRON, Expanding U.S. Access to TRX Amid Payment Network Growth
MoonPay, a prominent fiat-to-crypto platform, has added TRON (TRX) to its roster of supported assets, granting U.S. users the ability to purchase TRX and engage with TRON’s expanding ecosystem. The collaboration, officially announced by TRON DAO on May 7, is…