Lawmakers from both parties appear to be working to revive stablecoin legislation, after a failed vote linked to controversy over Donald Trump’s crypto ventures. Lawmakers in both parties are trying to quickly bring back the GENIUS Act, a stablecoin bill backed by the crypto industry giants, after it stalled last week following backlash over U.S….
Bitcoin is showing renewed strength as on-chain data and macro conditions align to support a bullish outlook. According to a May 13 post on the Bitfinex Alpha blog, the realized market cap of Bitcoin (BTC) has reached $889 billion after rising 2.1% in the past 30 days. The realized cap values each coin at the…
Twenty One Capital has added another 4,812 Bitcoin to its treasury after a fresh purchase by major backer Tether ahead of a planned Special Purpose Acquisition Company merger. On May 9, Tether acquired the BTC at an average price of $95,319 per token and transferred the assets to an escrow wallet, as revealed in a…
Solana is back in the spotlight as it reclaims the $180 mark for the first time since mid-February amid rising decentralized finance metrics. Thanks to a solid technical setup and growing interest in its DeFi ecosystem, the price has increased 6% over the last day and 22% over the last week. Solana’s (SOL) open interest…
Ethereum continues its impressive bullish run, holding above its 200-day moving average. With strong technical confluence at $2,800, the coming days could determine whether a deeper pullback or breakout emerges. Ethereum (ETH) has sustained its upward momentum despite an extended rally in recent weeks. Price action is now approaching a critical resistance area at $2,800,…
The Binance Coin is on the cusp of a major bullish breakout after forming a giant cup and handle pattern and continuing to outperform top competitors on key network metrics. Binance Coin (BNB) climbed to a high of $690 on Monday, its highest level since February 10. The move represents a nearly 40% gain from…
Abraxas Capital has accelerated its accumulation of Ethereum with another massive buy worth over $84.7 million. The asset management firm, which has aggressively bought Ethereum (ETH) over the past week, added to its growing haul with another 33,482 ETH. According to Lookonchain, who shared details of Abraxas Capital’s buys on X, the company scooped $84.7…
Tracy Jin of MEXC points to several signs of a potential coming altcoin season, including falling Bitcoin dominance and Ethereum’s strong performance. After gaining momentum in late 2024, Bitcoin (BTC) dominance has taken a significant dip, suggesting a potential shift toward an altcoin season. On Tuesday, May 13, Bitcoin’s share of the total crypto market…
Virtuals Protocol token continued rising and is hovering at its highest point since January 31 as smart money investors’ accumulation accelerated. Virtuals Protocol (VIRTUAL) token jumped to $2.15 on Tuesday, its highest level since January 31, and 375% above its April low. The token jumped as demand for AI agents in its ecosystem rose. Some…
Fartcoin has maintained a strong bullish structure, but recent resistance at $1.42 suggests a possible pause in momentum. A consolidation range may be forming before the next major breakout. After a powerful rally, Fartcoin (FARTCOIN) is showing early signs of potential exhaustion at a key resistance level. The $1.42 mark has capped upward momentum, leading…
