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Coinbase suspends trading for MOVE token


Crypto exchange Coinbase has announced it will suspend trading of the Movement Network token (MOVE), the native cryptocurrency of the Movement layer-2 blockchain protocol, developed by Movement Labs, effective May 15.The decision was shared in a May 1 X post, with Coinbase citing the token’s...

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 Ethereum network that does not include a native token.According to the announcement, the project relies entirely...

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 dealing in cryptocurrencies, including key consumer protection, anti-money laundering compliance and cybersecurity...

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% daily gainsData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $96,955 on Bitstamp, its highest...

The case for enterprise-grade custody solutions


Opinion by: Vikash Singh, Principal Investor at StillmarkThe Bybit hack resulted in the largest loss of funds to cyber hackers by a cryptocurrency exchange in history. It served as a wake-up call for those complacent about the state of security threats in the digital assets space. Everyone must...

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, according to Bitwise’s head of European research, André Dragosch.“Our in-house...

Bitcoin yield demand booming as institutions seek liquidity — Solv CEO


The demand for yield-generating strategies around Bitcoin (BTC) is surging, especially from firms seeking liquidity without liquidating their BTC, according to Ryan Chow, co-founder and CEO of Solv Protocol.During a fireside chat at the Token2049 conference in Dubai on May 1, Chow said...

Ethereum to simplify crosschain transactions with new token standards


Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828.“There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development...

Galaxy Digital Eyes Nasdaq Debut on May 16 Pending Shareholder Vote


Galaxy Digital sets sights on Nasdaq listing, aiming to supercharge investor access to AI and crypto markets. Nasdaq Set to Welcome Galaxy Digital After SEC Greenlight and Shareholder Approval Galaxy Digital Holdings Ltd. announced on April 30 that it plans to begin trading on the Nasdaq Global...

US crypto groups urge SEC for clarity on staking


Nearly 30 crypto advocate groups led by the lobby group the Crypto Council for Innovation (CCI) have asked the Securities and Exchange Commission for clear regulatory guidance on crypto staking and staking services.The CCI’s Proof of Stake Alliance (POSA) group argued in an April 30 letter...

US crypto groups urge SEC for clarity on staking


Nearly 30 crypto advocate groups led by the lobby group the Crypto Council for Innovation (CCI) have asked the Securities and Exchange Commission for clear regulatory guidance on crypto staking and staking services.The CCI’s Proof of Stake Alliance (POSA) group argued in an April 30 letter...

Bloomberg Intelligence boosts Solana ETF approval odds to 90%


Bloomberg Intelligence has boosted its estimated odds of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%, according to an April 30 post on the X platform. The company also set more favorable chances of approval for other altcoin ETFs, including proposed funds holding...

Crypto Council Letter Urges SEC to Provide Clarity on Staking


The organization is a collection of more than thirty crypto firms that lobby public institutions for better regulation of the industry. Industry Leaders Call on SEC to Define Rules for Crypto Staking The Crypto Council for Innovation (CCI), an advocacy group for more favorable crypto regulation...

Stablecoins on track for $2T market cap by 2028 — US Treasury


US Dollar-pegged stablecoins are on track to reach an aggregate market capitalization of approximately $2 trillion by 2028, according to the United States Department of the Treasury’s Q1 2025 report. Stablecoins’ cumulative market cap currently stands at roughly $230 billion,...

CZ aims to teach 1 billion kids through Giggle Academy — Token2049


Binance co-founder Changpeng “CZ” Zhao wants to provide free education for up to a billion children worldwide with his Giggle Academy venture, he told an audience at Token2049 in Dubai, United Arab Emirates (UAE)."In a few years, I think, I want to teach 100 million or 1 billion kids...

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