Bitcoin Mining Rig Maker Canaan Could Have 5X Upside, Says Wall Street Analyst
Benchmark's Mark Palmer initiated coverage on the firm's roughed-up shares with a buy rating and $3 price target.
DogeOS Raises $6.9M to Launch Dogecoin App Layer
The funding will enable DogeOS to support a variety of consumer apps, enhancing the Dogecoin ecosystem and its decentralized finance services.
Bitcoin Traders Seek Downside Protection Ahead of Fed Chair Powell’s Comments
We have only seen some nuanced demand for protective BTC puts, reflecting limited caution among sophisticated traders, Deribit's CEO told CoinDesk.

Trump’s Crypto Dinners & New Crypto Democratization Bill Could Rally These Best Altcoins
A potent mix of political showmanship and landmark regulatory proposals in the U.S. this month could be the spark for an explosive altcoin season. Influential crypto insiders are watching two key developments: 1. President Trump’s headline-grabbing crypto dinners, including a gala for his $TRUMP meme coin holders, are raising ethical questions 2. A new Digital […]

Ethereum Open Interest Drops To November 2024 Levels, But Price Remains Below $2,000
Ethereum open interest has fluctuated wildly through the last few months as the market had been under the control of sellers. Ethereum especially suffered after crashing from $4,000 to below $2,000 in the space of four months. During this time, the Bitcoin price has remained close to its all-time high, highlighting ETH’s underperformance during this […]

Crypto Daybook Americas: Bitcoin Threatened by Regulation Hiccup, Weakening Demand
Your day-ahead look for May 6, 2025
Citi, Switzerland’s SDX Join Forces to Tokenize $75B Pre-IPO Shares Market
Citi will act as a custodian and issuer agent for tokenized assets on SDX’s digital Central Securities Depository (CSD) platform.
Breaking Down The New US Crypto Market Structure Bill Draft: 6 Key Insights
In line with US President Donald Trump’s regulatory agenda aimed at fostering innovation and broader adoption of cryptocurrencies in the country, Fox journalist Eleanor Terret has reported that a new market structure discussion draft from the House of Representatives aims to clarify the treatment of digital commodities. Specifically, it asserts that transactions involving the sale […]

IntoTheBlock and Trident Merge With $25M Backing to Build Institutional DeFi Gateway
The newly formed Sentora aims to offer a compliant DeFi platform for sophisticated investors looking for yield, liquidity and risk management.
Solana’s Natix and Grab Team Up to Expand DePIN Mapping Into US, Europe
The collaboration will enhance mapping accuracy by combining Natix’s network with Grab’s mapmaking technology.