Author: John Smith
Michael Saylor’s Strategy has announced aggressive plans to up its Bitcoin acquisitions, and two Wall Street firms are on board. Michael Saylor’s risky bet on Bitcoin (BTC) received a green light from top Wall Street analysts. According to a Friday, May 2 report by Coinbase, analysts from Wall Street research firms Benchmark and TD Cowen endorsed Strategy’s aggressive Bitcoin acquisitions. Mark Palmer, analyst at the research and investment banking firm Benchmark, noted Strategy’s first-mover advantage. He explained that the firm has managed to grow its Bitcoin holdings substantially, projecting a $650 price target from Strategy’s current $395 price. Wall Street…
eToro Group Ltd. is preparing to launch its long-delayed U.S. initial public offering as soon as next week, Bloomberg reported, citing people familiar with the matter. The Israel-based trading platform had paused its IPO plans in early April amid market turmoil triggered by former President Donald Trump’s tariff announcements, which briefly derailed dealmaking activity, Bloomberg reports. The company had filed with the SEC in late March, but “Liberation Day” volatility led eToro to delay the offering. With volatility easing and comparable platforms like Robinhood up over 16% in the past month, eToro is now reconsidering a public debut, Bloomberg wrote. …
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano gains attention in 2025, but Lightchain AI’s $19.6m presale hints at even stronger investor momentum. Cardano is turning heads with its recent momentum, standing out even among top players like Bitcoin and Ethereum. But while headlines focus on ADA, Lightchain AI is emerging with even more powerful traction behind the scenes. Its presale has already raised over $19.6 million at a token price of just $0.007125, positioning it as one of the most watched altcoins of 2025. While…
Ethereum price has been in a strong downward trend against Bitcoin, and a rare chart pattern points to more downside. Ethereum (ETH) dropped to 0.01890, its lowest level since January 2020 and 80% below its 2021 high. This decline comes as Ethereum continues to lose market share across key sectors of the crypto industry. DeFi Llama data shows that protocols in its network processed $56 billion in April, lower than Solana’s (SOL) $72 billion. Ethereum is also losing ground to layer-2 networks, which aim to improve scalability and speed without compromising security. Base, a layer-2 network created by Coinbase, processed…
Chainlink price moved sideways on Friday, but the ongoing whale activity and technicals point to an eventual rebound. Chainlink (LINK) was trading at $14.20, where it has stalled over the past few days. This price is about 45% above its lowest level this year. Whale activity suggests that the coin may stage a strong comeback in the coming days. Santiment data shows that large investors have been accumulating LINK over the past few months. Investors holding between 100,000 and 1 million coins now own 173 million LINK, up from a low of 143 million in November last year. Their holdings…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP shows steady gains, but SUI and Remittix may outpace it with scalability and remittance tech driving strong momentum. XRP has been looking really solid lately. After a bunch of stuff happened in the market, it’s picked up some serious momentum. It’s not exploding just yet but it’s been creeping up, around 6% up so far and it feels like May might be the month it finally pops off. But here’s the thing: while XRP is looking strong, two…
The U.S. could reduce its current 145% tariff rate on China “within a few weeks,” White House Council of Economic Advisers Chair Stephen Miran said in an interview. Speaking to Bloomberg TV on Friday, Miran said that while he is not directly involved in negotiations, he believes President Donald Trump is committed to reaching a deal and has a strong track record in doing so. Miran referred to the 2019 “phase one” deal as evidence of the president’s ability to strike agreements despite widespread skepticism. “The president has been very clear that he thinks that there will be a deal…
S&P 500 has recovered back to the levels before ‘Liberation Day’, and is on track for nine consecutive days of gains. Stock indices are continuing their upward momentum, as traders reassess their recession expectations. On Friday, May 5, the Dow Jones Industrial Average was trading at 41,354.53, up 601.57 points or 1.48% from market open. The tech-heavy Nasdaq was up 1.56% or 277.15 points, trading at 17,987.89. At the same time, the S&P 500 rose 1.47% to 5,686.80, continuing its winning streak. If the S&P 500 closes higher today, it would register nine days of consecutive gains, the biggest streak…
Bitcoin’s price is approaching major resistance zones while funding rates flip increasingly positive—an indication that long exposure is building up. But is this bullish pressure sustainable, or a sign of overheating? Bitcoin’s (BTC) current price movement is testing a key area of resistance following a powerful rally, largely driven by a short squeeze. Now hovering just below $98,000, BTC is encountering strong supply at the confluence of the descending trendline, the 0.618 Fibonacci level, and the point of control from previous trading ranges. At the same time, funding rates across major exchanges have turned positive, creating an important dynamic between…
Google is bringing zero-knowledge proofs to Google Wallet, allowing users to verify their age on websites without revealing personal details like birthdates. The privacy-enhancing feature marks a major step in making cryptographic identity tools more accessible—and more invisible—for everyday users. “When tech giants like Google start seamlessly integrating Zero-Knowledge Proofs into their apps, it’s a clear signal that privacy-driven innovations are becoming mainstream,” said Rob Viglione, co-founder of Horizen Labs, in a note to crypto.news. “The next frontier for our industry is building compliant privacy solutions that offer greater protection without burdening regulators.” Age thresholds for online purchases Google said…