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Key Takeaways Ethereum’s price surged nearly 50% to over $2,700 after the Pectra upgrade. Abraxas Capital acquired 211,030 ETH valued at approximately $477 million post-upgrade. Share this article Ethereum rallied nearly 50% to over $2,700 after the Pectra upgrade and is now around 6% below what it held when Eric Trump publicly promoted the asset,
Following a strong 2024 business performance, with $1.5 billion in revenue, Kraken released its latest report and other official company announcements. The Kraken Q1 2025 financial update revealed that the crypto platform generated $475 million in gross revenue, marking a 19% YoY growth in topline. Despite a 7% revenue drop from the previous quarter due
Trump-affiliated Bitcoin mining company, American Bitcoin, plans to go public through a merger with Gryphon Digital Mining, Inc. The deal, structured as a stock-for-stock transaction, will see Gryphon acquire the company and operate under the American Bitcoin brand once closed. Merger Details According to a May 12 press release, the newly combined entity will be
Can a 90-day US-China trade truce really reshape global liquidity — and push Bitcoin toward a new all-time high? Markets exhale as tariff pressures ease On May 11–12, the United States and China announced a temporary truce in their ongoing trade dispute, a development that brought immediate relief to global markets. After months of intensifying
Key Takeaways The SEC delayed its decision on Grayscale’s Solana ETF to assess compliance with investor protection and market integrity standards. Public comment periods have opened for BlackRock’s Bitcoin ETF redemption model and the 21Shares Dogecoin ETF. Share this article The US Securities and Exchange Commission delayed its decision on Grayscale’s Solana ETF today, while
The TRUMP crypto dinner contest has closed, and the final leaderboard is out. Top holders secured their seats at an exclusive gala with Donald Trump, while others walked away with themed NFTs. Beyond the rewards, the event stirred debate across the crypto scene about fairness, hype mechanics, and how much influence meme coins should have.
The Tron network has overtaken Ethereum in Tether (USDT) stablecoin supply for the first time in crypto history. According to data from CryptoQuant, the circulating supply of USDT on Tron’s TRC-20 network surged to $73.8 billion, edging past Ethereum’s $71.9 billion, showcasing the growing preference for Tron for high-volume stablecoin transactions, especially in emerging markets.
Vietnam-based MEY Network has announced the sale of NFTs representing luxury real estate. The competition among real-world asset tokenization is heating up. On Tuesday, May 12, the MEY Network announced the launch of property token offering NFTs, enabling regular traders to invest in high-value real estate. PTO NFT Mint → RWA Supercycle 🏠 🚪 Exclusive
Share this article Market makers are integral participants in the financial markets, bridging the gap between buyers and sellers. In the crypto market, professional market making firms play a similarly critical role, significantly influencing prices, liquidity, and overall market health. In this article, we will break down their influence, as well as highlight potential associated