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Binance-affiliated BNB Chain has rebounded after a period of stagnation in 2023 amid accelerating institutional and decentralized finance (DeFi) adoption. During the past year, BNB Chain has benefited from multibillion-dollar inflows into DeFi, US exchange-traded funds (ETFs), and rising trading volume at affiliated centralized exchange (CEX) Binance. Consequently, the blockchain network’s native BNB token (BNB) …
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Key takeaways: Reclaiming the $2,200 level remains the first price challenge for ETH. ETH price could recover if the Pectra upgrade leads to a surge in DApp and Ethereum network activity. Ethereum successfully implemented a key network upgrade on May 7, but Ether (ETH) price and its derivatives metrics showed little response to the upgrade. …
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Onchain sleuth and security analyst ZackXBT claims to have identified an additional $45 million in funds stolen from Coinbase users through social engineering scams in the past seven days alone. According to the onchain detective, the $45 million figure represents the latest financial losses in a string of social engineering scams targeting Coinbase users, which …
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Speaking at a hearing, US Treasury Secretary Scott Bessent toed the party line in suggesting support for two crypto-related bills moving through Congress. Bessent addressed lawmakers at a May 7 hearing of the House Financial Services Committee, saying that the United States should be the “premier destination for digital assets” in response to a question …
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Threat group COLDRIVER is using new malware to steal documents from Western targets, according to a May 7 report from Google Threat Intelligence. The malware, called LOSTKEYS, shows the evolution of the group from credential phishing to more sophisticated attacks. According to the Google report, the new malware is installed through four steps. The process …
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Key Takeaways: Bitcoin’s realized capitalization hit a record $890 billion, reflecting strong investor conviction as long-term and short-term holders increased allocations. Large Bitcoin holders with over 1,000 BTC have accumulated significantly since March 2025, reflecting the Q1 2024 trend. Bitcoin (BTC) price saw a short-squeeze above $97,000 on May 6, shortly after US Treasury Secretary …
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Strive Asset Management, founded by entrepreneur and former presidential candidate Vivek Ramaswamy, has revealed plans to transition into a Bitcoin treasury company. According to a May 7 announcement, Strive is going public through a reverse merger and plans to use the combined company’s stock to accumulate Bitcoin (BTC). The deal will see Strive merging with …
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Key points: Bitcoin price hangs near $97,000 as traders await today’s FOMC minutes. Bitcoin holding $95,000 as support is key for bullish price expansion in the short term. Select altcoins are holding their respective support levels, opening the gates for a short-term rally. Bitcoin (BTC) bulls are trying to knock down the immediate resistance at …
Continue reading “Price predictions 5/7: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX”
The Bybit exchange has recovered its liquidity to pre-hack levels just 30 days following the February 2025 attack that drained nearly $1.5 billion in funds. According to a report from crypto research and analytics firm Kaiko, Bitcoin’s (BTC) 1% market depth, a measure of liquidity, returned to pre-hack levels of around $13 million per day …
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At least some of the top holders of Donald Trump’s memecoin who apply to attend a private dinner with the president could be based outside the United States. According to a May 7 Bloomberg report based on an analysis of the top TRUMP tokenholders, 19 of the top 25 wallets on the leaderboard used foreign …
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