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CoinDesk 20 Performance Update: Index Drops 2.2% as All Assets Trade Lower
Sui (SUI) fell 7.7% and Aave (AAVE) declined 7.5%, leading the index lower.

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 service...

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 Co...

Crypto Daybook Americas: Bitcoin Threatened by Regulation Hiccup, Weakening Dema...
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.

IntoTheBlock and Trident Merge, Secure $25M Backing to Build Institutional DeFi...
The newly formed Sentora aims to offer a compliant DeFi platform for sophisticated investors looking for yield, liquidity and risk managemen...

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.

Florida Withdraws Strategic Bitcoin Reserve Bills From Consideration
The two bills, which were both filed in February, sought to allow investment of public funds in BTC

Figment Eyes Up to $200M Worth of Acquisitions in Crypto M&A Push: Report
 Figment is targeting regional players on Cosmos and Solana networks at a time in which pro-crypto U.S. policy is fueling dealmaking

Watch Out Bitcoin Bulls, $99.9K Price May Test Your Mettle
Bitcoin bulls may run into significant selling pressure at around $99,900, on-chain data show.

VIRTUAL Surges 200% in a Month as Smart Money Pours Into Virtuals Protocol
VIRTUAL, the cryptocurrency of the Base-native Virtuals Protocol, has surged 207% in 30 days, outperforming major cryptocurrencies like bitc...

Cardano’s ADA, XRP Slide as Bitcoin Traders Await ‘Coin-Flip’ FOMC Meeting
DeFi tokens such as Hyperliquid’s HYPE are up 70% in the past week, a sign of traders favoring fundamentals as capital allocators remain cau...

Bitcoin Developers Plan OP_RETURN Removal in Next Release
Bitcoin Core’s decision to lift its long-standing 80-byte OP_RETURN limit has reignited tensions within the network’s developer and node-run...

Ripple’s RLUSD in Focus as Firm Pledges $25M to U.S. Educational Initiatives
"RLUSD is proving their value in real-world applications like donations and large-scale transactions,” an XRP Ledger developer said.

Ripple to Expand its Quarterly XRP Markets Report as Institutional Usage Jumps
The quarterly report in its current form will be sunset with newer versions delivering additional insights to reflect institutional usage of...

SEC Further Delays Litecoin ETF, Requests Public Comments
Experts predict Litecoin to have the best chances of approval by the end of this year.

Trump’s Ties Make Crypto’s Democrat Allies Stomp Brakes on Bills
The Senate's stablecoin bill's issues may delay work on the far more important market structure legislation.

SHIB Plunges 7.4% in One Week, but Market Sentiment Remains Cautiously Optimisti...
Institutional investors accumulate despite volatility, with 109 new SHIB millionaire wallets emerging in April.

Leading House Dem Will Block Crypto Market Structure Bill Hearing
Rep. Maxine Waters said she is concerned about U.S. President Donald Trump's increasing crypto ties.

Bitcoin Likely Still 'Rat Poison' at Berkshire Hathaway Even Without Warren Buff...
The Oracle's crypto skepticism runs deep and successor Greg Abel is unlikely to chart a new course.

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