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Stock Markets Plunge as Investors Withdraw from U.S. Assets

Stock Markets Plunge as Investors Withdraw from U.S. Assets

The global financial landscape underwent a jolt this week as major U.S. stock indices fell, causing alarm among investors and analysts alike. A cocktail of economic uncertainty, changing monetary policies, and geopolitical tensions has led to a massive sell-off in...

Will Ferrell Teams Up with PayPal Again to Highlight Checkout Options

From the beginning of the campaign, Will Ferrell has resumed the partnership with PayPal, the world’s leading web-based payment platform. This partnership discusses flexibility in checkout offered by PayPal along with Ferrell’s comedic flair to capture interest. Basically, Ferrell is putting charm and humor into connecting online payments with everyday people by saying that consumers can easily pay by PayPal for whatever they want on different platforms. The Power of Will-Ferrell’s Humor in Marketing Since he became a master of connecting with the audience through humor, Will Ferrell is a great marketing tool in and of itself. His unique style does give life to the marketing programs he takes part in, and this one with PayPal is no different. It allows PayPal to be a much bigger, all-encompassing customer base, assuring the notion that paying online does not have to be complicated or scary. Ferrell makes this promotion fun since otherwise, it would be convoluted and boring. He presents how PayPal works at checkout by playing around with it, injecting energy into the brand, which is now looking friendlier and more approachable. The partnership says-even boring things like payments can be fun when you have the right tools. Expansion of PayPal Payment Methods PayPal’s strength is mainly characterized by its versatile payment options. Whether the payment is through credit card, linking bank accounts, or through PayPal’s major new feature, Buy Now, Pay Later-online shopping is easy and safe. When Will Ferrell is appearing in the ad, the message rings clear: It is simply PayPal for everyone, any way they want to pay. In this new collaboration, Ferrell captures PayPal as a service that is involved in varied transactions. His light-hearted acting paints the ease and freedom of PayPal’s checkout experience: A note to everyone-whether you are new to PayPal or have been around for a while. From a quick buy to managing the bigger transaction, PayPal makes it smooth and easy for any kind of requirement. Why Will Ferrell Works for PayPal The actor has made his mark in film and advertising. He appeals to audiences with his extraordinary personality and down-to-earth humor. His ability to lighten any situation makes him a perfect match for PayPal, a company trying to make the digital payment industry user-friendly and engaging. PayPal’s harnessing of Ferrell’s comedic brilliance takes payment kinds that can otherwise feel cold or unclear and brings some levity to them. Ferrell’s enthusiasm energizes the brand, rendering the entire payment experience simple and fun. Being such a widely recognized name, Ferrell also immensely widens PayPal’s reach, adding visibility for the brand beyond traditional marketing avenues. The Age of Digital Payments in the Current Shopping World Today, changes have taken place in the world of online payments. Consumers now demand fast, safe, and convenient payment methoded. However, while Paypal stands at the forefront of these changes, innovative methodologies like onetouch payment, digital wallets, and cryptocurrency wallets have been introduced to meet customers different needs. And this will be endorsed by Will Ferrell. The PayPal campaign goes on to show how much more a payment processor becomes a part of partnerships with a modern consumer. Consumers these days have high expectations that they should be able to pay easily-in-person or online- when it comes time to check out. A difference that Ferrell Holds Into His Campaign for PayPal In a loud and crowded marketplace filled with many payment solutions, it can be very difficult for any company to make headway above the cluttering buzz. Will Ferrell’s contribution to this campaign does exactly that; it makes the name offer off a bit easy for future recall in memory. His ability in turning even the most mundane words into topics the livened discussions further connects the consumer Brand. It really highlights the versatility of Paypal because it intends to show that it can be used every day instead of being pegged for big purchases. Be it a coffee at Starbucks or an online subscription, the ability to pay these almost instantly makes it easy for users to manage their finances quickly and efficiently. The Future of PayPal and Will Ferrell’s Role PayPal remains firmly in the center of its advertising.) With Will Ferrell at the helm, PayPal is easily molding itself into something cool and innovative-something that just might be heard by the masses. His appearance in PayPal advertising gives them the marketing space they need to gain a wider audience and further establish themselves as an industry giant. Of course, Ferrell adds an exciting dimension to the campaign, but it’s the smooth sailing that keeps the customers returning to PayPal. With security, easy access, and the flexibility that makes it world-renowned, PayPal for millions of consumers is a natural choice. Conclusion Will Ferrell is shaking up advertising, and humor is very much a distinctive element of PayPal’s campaign. With Ferrell emphasizing numerous payment options and their ease of use, PayPal’s checkout is simply made very accessible to all. With the advantage of Ferrell’s huge stardom and PayPal’s innovative ethos, the collaboration is the best example of how a brand can connect with audiences using humor. As times go on, there’s no doubt Ferrell will also be a key ally in PayPal’s strategy to keep the payment process simple, safe, and fun.

Will Ferrell Teams Up with PayPal Again to Highlight Checkout Options

What’s Open and Closed on Easter Sunday? Banks, Post Offices, and Store Hours Explained

Easter Sunday, in fact, stands among the most celebrated of the Christian holidays in the United States. Here, however, we come across families at brunches, egg hunts, and church services; but questions reveal themselves: What services are available? Will it be open for banks? Does one still collect mails? What stores will remain closed? At the same time, let’s not forget that there are several others who would like to know if Easter Monday is really a holiday. This article will help in knowing which services and businesses mostly open and close on Easter Sunday and the rest of the myths concerning Easter Monday. Banks and Financial Institutions Most major banks across the U.S., like Bank of America, Wells Fargo, and Chase, strictly observe Easter Sunday holidays. The reason for this is that since it is not a federal banking holiday, the service of their ATMs and mobile banking is still active so you won’t be able to go to a branch but will have access to get cash for day-to-day needs. For those asking, is Easter Monday a federal holiday, the answer is no. In fact, unlike some countries within Europe and even Canada, the United States does not consider Easter Monday a federal holiday. So then, banks reopen, as usual, the Monday after Easter. U.S. Post Offices and mail services Every United States Postal Service (USPS) location will be shut on Easter Sunday and regular mail deliveries will not be done. However, certain self-service kiosks inside specific postal locations may still be available. Again, mail is paused on that Sunday, but it resumes regular delivery on the following day. Rephrased, is Easter Monday a federal holiday? Nope, USPS continues routine practices on Easter Monday, just like it does other weekdays. Private carriers, like FedEx and UPS, typically do not make deliveries on Easter Sunday, with a few exceptions made for their most high-end customer services. Grocery and Retail Stores Many a businessman is open for business adjusted hours and complete closures on Easter Sundays. Grocery chains like H-E-B, Costco, and Aldi are traditionally closed to allow employees to spend the day with their families. Other chains like Wal-Mart, CVS, and Walgreens, however, remain more or less open for reduced business hours on that day, depending on their location. However, to avoid any last-minute surprise, checking online or calling for the holiday schedule to the local shop is always a best practice. Restaurants and Entertainment Sites Most large chain restaurants like Denny’s, IHOP, and Starbucks are usually open on Easter Sunday, although their hours vary by location. Smaller or family-owned locations might opt not to open, so it might be a good idea to call ahead. Most movie theatres, parks and many entertaining play-spots are usually open, hence Easter Sunday stands out as a favourite family outing day after church services. Schools, Government Offices, and Public Services It really isn’t much of a holiday, since Easter Sunday always falls on a weekend and, hence, schools are already closed. However, there are many school districts all over the US, which have added this holiday to next week’s events as part of spring break. Local government offices such as City Hall, DMV branches, and public libraries close their doors on Sunday and reopen on Monday for normal operations. This brings up the nagging question once more: is the Monday of Easter a federal holiday? This is again, a big no. Federal offices, courts and most government-run services would be open on the Monday after Easter. Summary: Know Before You Go Service/Business Easter Sunday Status Easter Monday Status Banks Closed Open (Not a Fed Holiday) USPS Closed Open Grocery Stores Mostly Closed Open Restaurants Mostly Open Open Government Offices Closed Open Conclusion Easter Sunday might affect your weekend plans, especially if you need to run errands or mail packages. Always check the hours of your local stores and services. And to those still wondering, is Easter Monday a federal holiday? It is not in the United States while other nations recognize it. Banks, government services, and public services return to their normal schedule on Easter Monday. Whether you are observing Easter or just have the day off, knowing what is open and what is not helps to maximize the use of the Easter weekend.

What’s Open and Closed on Easter Sunday? Banks, Post Offices, and Store Hours Explained

Tikcotech Innovation: Pioneering the Future of Technology

Today, rapid changes in the technological realm of the world are necessary for operation of individuals or business. It can be expected that Tikcotech, being a technology solutions provider, is an entity that is embracing such a shift particularly, and these include artificial intelligence, Internet of Things and blockchain technologies. The company is setting up future technological developments, modernization practices, and management procedures in different business concerns. Within this piece, we will examine some of the advanced technologies that are being deployed by Tikcotech that are poised to have significant effects on the industries, Market impacts and will provide some actual real world business case studies for the benefit of the reader. For those pursuing information on the most recent technological changes and the front leadership of technology advancement being taken by Tikcotech, you are on the right page. Introduction: Innovation at the Core of Tikcotech All constructed objects are themselves innovative, if they contain ‘Tikcotech’ in them. That is why hyper-innovative corporate trainers and specialists emphasize the point that instead of doing everything according to the existing principles, it is more effective to plan ahead and design the future right now. Tikcotech is changing the game on how business systems are created by artificial intelligence, the way blocks are used for security and clear transactions, and other technologies since that is the norm companies must find ways to adapt to, among others. I will seek to tackle the following in this piece such as the role of Tikcotech in spurring innovation in different economic factors, what is new about their solutions and how this is shaping the technological space as we know it among other issues. Tikcotech Innovation: The Driving Forces Behind Modern Technology They make innovation the central factor in Tikcotech since they conceptualize the idea of innovation based on the disruption that is taking place in the business purpose. The company’s orientation towards development and improvement is explained by the development and integration of AI, IoT, and blockchain technologies. In this part we will consider the essence of each of these beneficial facets on Tikcotech’s development. Artificial Intelligence (AI): Transforming Business and Industry3 Certainly, AI can be classified as one of the most groundbreaking technologies in the society today, and thus Tikcotech has dedicated resources for implementing such technologies. AI projects functionality in the way that it speeds up the evaluation of a huge amout of information and allows to dispaly it in form of some tasks. This means that Artificial Intelligence is becoming the achilles heel of modern businesses as they are able to perform and analyze a lot of computing operations. Tikcotech’s AI-Powered Solutions Internet of Things (IoT): Enhancing Connectivity and Efficiency In simple terms, this is an advanced system in which physical objects are integrated into networks that enable objects to collect and exchange data. The globalization of this perspective has ours more specifically into spheres of industry such as logistics, manufacturing, smart cities, etc. IoT is how Tikcotech has evolved and now looks to improve processes such as supply chain optimization, environmental management, among others. Tikcotech’s IoT Innovations Blockchain: Redefining Security and Transparency The recent technological advances and the boom in the digital and virtual currency globalisation including digital demand for greater user control of transactions in the democratic finance and distributed social networking ecosystems and even the banking systems, have inevitably seen the rise and growth of block chain technology. Block chain technology does not just make sensitive data and transactions secure; it is tamper proof as well and helps in coming up with a full proof solution, so to speak, for various problems and challenges in the financial, banking and supply chain logistics sectors by means of security and encryption; and much worse in the further deployment areas of the industry. For example Tikcotech also implements such solutions in the process of providing financial banking healthcare etc. Tikcotech’s Blockchain Applications Real-life Case Studies: Tikcotech’s Impact on Industries Case Study 1: Smart City Solutions in Partnership with Local Governments Tikcotech has been working with a number of cities in installing IoT smarts-based projects meant for the city. An excellent use, in this context, is enabling Tikcotech to help one of those great metropolises optimize traffic flows. The city adjusted the timings of traffic lights automatically by using IoT sensors to monitor real-time traffic patterns, thereby reducing congestion and, in the process, cutting carbon emissions in the effort to design a more efficient and environmentally-friendly city. Case Study 2: Blockchain for Cross-Border Payments in Financial Institutions Tikcotech is working with a global financial institution in an attempt to introduce a blockchain-based platform that would make cross-border payments quicker and more secure. Current international money transfers could take days and cost a tremendous amount in fees. With the new Tikcotech solution, payments are processed within seconds instead of days and diminish the cost of the transaction as well as increase clarity as they serve both purchaser and business. Pros and Cons of Tikcotech’s Innovations Pros: Cons: Frequently Asked Questions (FAQs) What is Tikcotech? Tikcotech is a technology company that aims to bring about cutting-edge solutions using the application of artificial intelligence (AI), internet of things (IoT), and blockchain technologies for businesses to increase efficiency, security, and sustainability. How does Tikcotech’s AI technology improve business operations? Tikcotech’s AI technology automates multiple business processes, enhances decision-making, and predictively gives insights for business optimization and customer management. What industries benefit from Tikcotech’s innovations? Healthcare, finance, manufacturing and smart cities are some areas where AI, IoT, and blockchain innovations developed by Tikcotech have been applied. How secure are Tikcotech’s blockchain solutions? By the time measurements are built and tested, every blockchain solution is quite secure, tamper-proofing all transaction records with data transparency. In turn, the decentralized system of a blockchain assures the safety as the transactions are checked and kept free of any type of fraud. Conclusion: Embracing the Future with Tikcotech Innovation Tikcotech leads the pathway for innovation in the technology industry, offering the latest in

Tikcotech Innovation: Pioneering the Future of Technology

Transport Something by Car: A Comprehensive Guide on Rena Monrovia

Cars are integral to the logistics industry with respect to transportation. Transportation is going to be for personal use or business purposes; the idea formed is that taking something by car is the most reliable, accessible, and cost-effective solution. In this article, we shall look at how Rena Monrovia, an important personality in the transport industry, works to improve the whole mechanism of moving goods and services by car. Understand the benefits, challenges, and practical insights in how the transport process works, making it easier for you to decide when and how to move your goods. What Does It Mean to Transport Something by Car? Bring goods and/or services on one road from one service point to another through the use of moving vehicles that transport people or goods for mainly short- to medium-distance travel, wherein convenience, flexibility, and accessibility are very important considerations. Cars, trucks, and vans are the types of vehicles commonly used for this purpose. In terms of perhaps Rena Monrovia, they are mainly into car-based transportation services with an emphasis on efficiency and costing while specializing in transporting goods or products into business houses and individuals’ space. From package delivery to taking more massive, bulkier items, other transport options may be eliminated. Why Choose to Transport Something by Car? There are a lot of reasons for personal and corporate transport; let’s take the major benefits for the following: 1. Convenience and Accessibility 2. Cost-Effectiveness 3. Faster Delivery Times 4. Flexibility 5. Easy Tracking and Communication How Rena Monrovia Is Changing the Game in Car-based Transport Rena Monrovia specializes in superior services of transporting goods by car and being one of the leading players in the transport industry. Through their innovation, they have made everything very easy when it comes to transporting goods from one end to another. Efficient Logistics and Tracking Systems It has high-tech logistics technology from Rena Monrovia, which allows parcels to be monitored from pick-up to delivery through real-time tracking. Whether one sends packages locally or needs to move heavy loads, their system helps optimize routes, significantly reduces delays, and ensures that transport deliveries occur on time. Variety of Vehicles Rena Monrovia has several different vehicles available from small cars for smaller boxes, delivering to huge vans for bulkier items. Customers find their ideal transport vehicle propensity thereby optimizing the productivity of each transport. Customer-Centric Service Rena Monrovia is famed for its excellent customer service; transparency, communication, and reliability make it superior. To help businesses and individuals alike, customers can track deliveries online, interact with drivers, and get timely updates on the delivery progress. Real-World Applications of Transporting by Car 1. E-commerce Deliveries Cars generally are very much relied upon for transporting goods to the customers by online stores. Same-day deliveries are becoming a trend and for this, Rena Monrovia is helping e-commerce organizations fulfill urgent orders with deliverables by car, timely and efficiently. 2. Business Relocations Companies that need to relocate their office equipment, inventory, or documents should use a dependable auto transport service to carry those items easily and securely without the hassle of freight transportation. 3. Personal Moving Services Whether you’re moving house or just transporting a few things, a car-based transportation scheme offers great convenience. Rena Monrovia offers versatile options for both small and large personal moves. 4. Specialized Transport for Fragile Items Moving fragile or high-value items, such as electronics or paintings, demands the safe handling of goods through transportation by car. Rena Monrovia can assist in making sure that these types of goods are delivered without damage with its specialized vehicles and unique drivers. Pros & Cons of Transporting Something by Car Like all other means of moving, transporting an item by car has its own merits and drawbacks. The good and the bad will be our focus here. Pros: Cons: Frequently Asked Questions (FAQs) 1. Is transporting by car suitable for long-distance moves? Car transportation works more efficiently for shorter distances, but can also be put to good use for moves that involve longer distances, especially if it is for smaller shipments. On the other hand, for larger or bulkier items, freight services might turn out to be a better option. 2. How can I track my shipment during transport? You catch by in Rena Monrovia, wherein you can actually track your shipment through an online portal or application for real-time, thereby offering complete visibility concerning its status for the delivery. 3. Can I transport fragile items by car? Transporting fragile items by car is the safest option in most cases. Rena Monrovia is one of the few organizations that provides specialized vehicles with trained drivers to move delicate and high-value goods. 4. What types of vehicles are used for transport by car? Ranging from small cars to big vans and trucks, various vehicles can be used based on the size of your shipment, depending on which of them works best. 5. How much does it cost to transport something by car? The cost varies with distance, size of shipment, and the kind of vehicle necessary. It is generally cheaper than a large freight service for any small local delivery. Conclusion: Transporting Something by Car with Rena Monrovia Transporting by car avails flexibility, swift movement, and convenience for the forthwith needs of many; there are options for business folks too. Being in the game for a while now, Rena Monrovia has earned quite the reputation for efficient and trusted car transportation services for a range of needs. Sending a small package, moving office equipment, or safely transporting fragile items require such a low-cost and convenient process. If you are considering transporting something by car, we encourage you to weigh the various options with Rena Monrovia for a sure smooth and professional outcome. Call to Action: Do you have any experience with using car-based transport for personal or business needs? Share your story in the comments below, or contact Rena Monrovia today for a consultation!

Transport Something by Car: A Comprehensive Guide on Rena Monrovia
Foreign Investors May Overlook Japanese Failure in U.S. Steel Bid

Foreign Investors May Overlook Japanese Failure in U.S. Steel Bid

It is unlikely that the failure of Japan's attempt to gain the U.S. Steel will have a long-term effect on investors as some had expected. Foreign investors are bound to sustain their confidence in the industry as a whole-the U.S. steel sector, and as a whole, the U.S. market. History...

Will Ferrell Teams Up with PayPal Again to Highlight Checkout Options

Will Ferrell Teams Up with PayPal Again to Highlight Checkout Options

From the beginning of the campaign, Will Ferrell has resumed the partnership with PayPal, the world's leading web-based payment platform. This partnership discusses flexibility in checkout offered by PayPal along with Ferrell’s comedic flair to capture interest. Basically, Ferrell is putting charm and humor into connecting online payments with everyday...

5,000 Startups Registered Under Startup India Closed So Far: Govt Data

5,000 Startups Registered Under Startup India Closed So Far: Govt Data

India's Startup India initiative, launched by the government in 2016, has been a transformative force for the nation's entrepreneurial ecosystem. With its objective to foster innovation and support emerging businesses, it has encouraged thousands of entrepreneurs to turn their ideas into viable startups. However, recent government data reveals that around...

What’s Open and Closed on Easter Sunday? Banks, Post Offices, and Store Hours Explained

What’s Open and Closed on Easter Sunday? Banks, Post Offices, and Store Hours Explained

Easter Sunday, in fact, stands among the most celebrated of the Christian holidays in the United States. Here, however, we come across families at brunches, egg hunts, and church services; but questions reveal themselves: What services are available? Will it be open for banks? Does one still collect mails? What...

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Cricket

Australia Battles Back After Bumrah Burst on Dramatic Day of Fourth Test

Australia Battles Back After Bumrah Burst on Dramatic Day of Fourth Test

Very much, that happens. The fourth Test that Australia played against India has almost been on a high drama note with both countries experiencing their own fortunes and misfortunes. India's...

Smith Century Powers Australia to 310-Run Lead Over India in Fourth Test

In a commanding display of skill and resilience, Steve Smith’s century propelled Australia to a...

Smith Century Powers Australia to 310-Run Lead Over India in Fourth Test

Konstas Set for Historic Australia Debut in Boxing Day Test Against India

In a momentous occasion for Australian cricket, Konstas, the rising star, is poised to make...

Konstas Set for Historic Australia Debut in Boxing Day Test Against India

Ben Stokes Urged by Alastair Cook, Phil Tufnell to Manage Workload After Injury

England’s captain Ben Stokes has recently been urged by former cricket legends Alastair Cook and...

Ben Stokes Urged by Alastair Cook, Phil Tufnell to Manage Workload After Injury

Pak vs SA: South Africa Edge Pakistan by 11 Runs in Thrilling First T20I, Lead Series 1-0

SA vs PAK: South Africa edged Pakistan by 11 runs in a thrilling first T20I...

Pak vs SA: South Africa Edge Pakistan by 11 Runs in Thrilling First T20I, Lead Series 1-0

Football | soccer

Dallas Mavericks vs Timberwolves Match: Player Stats – Who Played Best?

Dallas Mavericks vs Timberwolves Match: Player Stats – Who Played Best?

The game on January 22, 2025, which took place between the Dallas Mavericks and the Minnesota Timberwolves went in the books as one of the most thrilling contests of the...

Real Madrid vs Atlético Madrid: A Thrilling Madrid Derby Set to Ignite La Liga

Real Madrid vs Atlético Madrid will be part of the most awaited confrontations of La...

Real Madrid vs Atlético Madrid: A Thrilling Madrid Derby Set to Ignite La Liga

Inter Milan Dispatch Cagliari 3-0 to Stay at Serie A Summit

Inter Milan have laid waste to Cagliari with a scoreline of 3-0 to keep their...

Inter Milan Dispatch Cagliari 3-0 to Stay at Serie A Summit

Guardiola Warns Man City Risks Missing Champions League Spot

Manchester City manager Pep Guardiola has issued a stern warning that his team is in...

Guardiola Warns Man City Risks Missing Champions League Spot

ICYMI: Panthers Move to Division I, Region 4 in 2024

In a significant shift for the program, the recent 2024 Ohio High School Athletic Association...

ICYMI: Panthers Move to Division I, Region 4 in 2024

tennis

Rybakina Dominates to Lead Kazakhstan into United Cup Quarter-Finals

Rybakina Dominates to Lead Kazakhstan into United Cup Quarter-Finals

Elena Rybakina performing at her best has once again taken Kazakhstan to the next level, the quarter-finals, in the 2024 United Cup, showcasing her prowess. The world-class tennis star would...

Davis Cup Finals 2024: Broadcast Channels, Schedule, and Results

The Davis Cup Finals 2024 is set to captivate tennis fans worldwide with top nations...

Davis Cup Finals 2024: Broadcast Channels, Schedule, and Results

Above Ali, Pele, or Jordan’ – How Nadal Earned Praise from Sports Icons

Rafael Nadal’s legendary career has not only placed him among the greatest tennis players of...

Above Ali, Pele, or Jordan’ – How Nadal Earned Praise from Sports Icons

Above Ali, Pele, or Jordan’ – Nadal Earns Praise from Sport’s Icons

In the world of sports, few athletes manage to transcend their respective disciplines and gain...

Above Ali, Pele, or Jordan’ – Nadal Earns Praise from Sport’s Icons

Rafael Nadal Reveals Netflix Docuseries on His Career: “Unexpected

In a surprising announcement, tennis legend Rafael Nadal has revealed that he will be the...

Rafael Nadal Reveals Netflix Docuseries on His Career: “Unexpected

hockey

Newly Acquired Sharks Forward Could Be Forced Into Debut Due to Last-Second Injury

Newly Acquired Sharks Forward Could Be Forced Into Debut Due to Last-Second Injury

In a dramatic turn of events, the San Jose Sharks may have to call upon their newly acquired forward, Jack Hughes, for an unexpected debut following a last-minute injury to...

Penguins Surrender Three Unanswered Goals in Third, Fall to Avs 6-2

In a tough outing for the Pittsburgh Penguins, the team watched as a promising game...

Penguins Surrender Three Unanswered Goals in Third, Fall to Avs 6-2

Florida Panthers to Host NHL Game at loanDepot Park Next Season

In an exciting development for both hockey fans and the Florida Panthers, the NHL has...

Florida Panthers to Host NHL Game at loanDepot Park Next Season

Three Takeaways From Blues’ 4-3 OT Win Against Canucks

In a thrilling showdown between two high-energy teams, the St. Louis Blues emerged victorious with...

Three Takeaways From Blues’ 4-3 OT Win Against Canucks

Ex-Lightning Defenseman Hangs Up The Skates: A Look Back at a Stellar Career

In a move that has left fans and analysts alike reflecting on a remarkable career,...

Ex-Lightning Defenseman Hangs Up The Skates: A Look Back at a Stellar Career

tennis

C Loose as He Won the World Title in the Final Laps.

C Loose as He Won the World Title in the Final Laps.

Jorge Martin's victory is thrillingly desperate, for he could not win any MotoGP this season. However, it showed how much inched closer and closer Martin had been, over the course...

Devin Simonson Suffers Wrist Injury, Likely to Miss Supercross 250 East Opener

Devin Simonson, a promising talent in the Supercross 250 East Championship, has encountered a significant...

Devin Simonson Suffers Wrist Injury, Likely to Miss Supercross 250 East Opener

How Is the Road Racing Line-Up for 2025 Taking Shape?

As the motorsport world looks ahead to the 2025 season, the road racing line-up is...

How Is the Road Racing Line-Up for 2025 Taking Shape?

Motorsport Australia Leads Global Esports Training Program

In a groundbreaking move for the world of motorsports and esports, Motorsport Australia is taking...

Motorsport Australia Leads Global Esports Training Program

Motorama Custom Car & Motorsports Expo Announces eBay Motors as Returning Primary Sponsor

In a move that is sure to excite car enthusiasts and motorsport fans alike, the...

Motorama Custom Car & Motorsports Expo Announces eBay Motors as Returning Primary Sponsor

Other sports

MLB Bans Yankees Fans for Interfering with Mookie Betts in World Series

MLB Bans Yankees Fans for Interfering with Mookie Betts in World Series

On the hottest topic after the last game of the World Series 2025 between the New York Yankees and the Los Angeles Dodgers, Mookie Betts has become the center of...

Knicks Ride 21-0 Fourth-Quarter Run to Defeat Pistons 123-112 in Game 1

New York Knicks came up with an absolutely stunning performance during the first Game of...

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Aaron Rodgers Speaks Candidly About Jets Departure

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Aaron Rodgers Speaks Candidly About Jets Departure

Dallas Mavericks vs Timberwolves Match: Player Stats – Who Played Best?

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Real Madrid vs Atlético Madrid: A Thrilling Madrid Derby Set to Ignite La Liga

Real Madrid vs Atlético Madrid will be part of the most awaited confrontations of La...

Real Madrid vs Atlético Madrid: A Thrilling Madrid Derby Set to Ignite La Liga

Travel Trends

People Are Sharing Once-Popular Tourist Attractions That Are Now Largely Forgotten Or Abandoned, And These Are Fascinating

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After Learning These Behind-The-Scenes Facts About Madame Tussauds, I'll Never See Wax Figures The Same

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25 Target Products That'll Make Family Vacations A Heck Of A Lot Smoother

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“I Didn’t Marry These People”: Chelsea Handler’s Super Candid Comments About Her Siblings’ Partners Have Sparked A Debate

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The Internet Is Full Of Jokes About America's Real ID Deadline, And I'm Laughing Through My Confusion

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Forget Kids, These 24 Items Will Keep *You* Entertained On An Airplane

Forget Kids, These 24 Items Will Keep *You* Entertained On An Airplane

A flower bookmark kit, in-flight facial, A Court of Thorns and Roses coloring book, and 21 other unique and useful things to keep *you* entertained in economy.View Entire Post ›

Published: 3 days ago

"It Just Seems So Insincere": 17 Phrases Americans Use That The Rest Of World Doesn't Really Understand

"It Just Seems So Insincere": 17 Phrases Americans Use That The Rest Of World Doesn't Really Understand

I mean, they definitely have a point...View Entire Post ›

Published: 3 days ago

Home Security Experts Revealed The First Place Burglars Look When Breaking In, And I'm Checking Mine Right Now

Home Security Experts Revealed The First Place Burglars Look When Breaking In, And I'm Checking Mine Right Now

You've probably already walked through this area today...View Entire Post ›

Published: 3 days ago

I Didn’t Know Skiing Was For Us Until I Went To Soft-Like Ski

I Didn’t Know Skiing Was For Us Until I Went To Soft-Like Ski

Here's the scoop on the ski trip that's been the talk of the Black British community.View Entire Post ›

Published: 4 days ago

If You Want To Be In Your Travel Era This Summer, Check Out These 44 Useful And, Also Importantly, Cheap Products

If You Want To Be In Your Travel Era This Summer, Check Out These 44 Useful And, Also Importantly, Cheap Products

Whether you're jet-setting to Europe or doing a quick weekend trip, you'll want the foot hammock to make your countless flights a 'lil more comfortable.View Entire Post ›

Published: 22 hours ago

If You're Team Carry-On Only, These 13 Travel Products Are Actually Worth The Precious Space

If You're Team Carry-On Only, These 13 Travel Products Are Actually Worth The Precious Space

You’ll be so glad you packed this emergency kit when Aunt Flo shows up uninvited halfway through your sightseeing tour.View Entire Post ›

Published: 4 days ago

I See This Ultra-Efficient Backpack 20 Times A Day — Here's Why

I See This Ultra-Efficient Backpack 20 Times A Day — Here's Why

"I cannot believe I bought other bags previously," one reviewer wrote.View Entire Post ›

Published: 5 days ago

Travel Around The USA And I'll Guess Your Favorite School Subject

Travel Around The USA And I'll Guess Your Favorite School Subject

You history buffs are the only people trying to visit Gettysburg.View Entire Post ›

Published: 2 days ago

30 Pairs Of Shoes That’ll Help You Say Goodbye To Super Achy Feet At The End Of A Day Of Sightseeing

30 Pairs Of Shoes That’ll Help You Say Goodbye To Super Achy Feet At The End Of A Day Of Sightseeing

These shoes have one ~sole~ purpose, and it's to keep you comfy no matter what time zone you're in.View Entire Post ›

Published: 5 days ago

These Motion Sickness Glasses Actually Work. An Expert Explains Why.

These Motion Sickness Glasses Actually Work. An Expert Explains Why.

An ear, nose and throat doctor explains why these anti-motion sickness glasses can help you feel less nauseous on land, air and sea.View Entire Post ›

Published: 6 days ago

33 Impressive, Cool, And Rare "Back To The Future" Easter Eggs And Details At Universal Studios' Fan Fest Nights

33 Impressive, Cool, And Rare "Back To The Future" Easter Eggs And Details At Universal Studios' Fan Fest Nights

If you've ever wanted to step foot in the ACTUAL place they filmed Back to the Future, now's your chance.View Entire Post ›

Published: 2 days ago

Can I Guess Which Room In Your House You Love Most Based On The Places You'd Visit?

Can I Guess Which Room In Your House You Love Most Based On The Places You'd Visit?

I loveeeeee traveling, but I might love just chillin' in my kitchen even more.View Entire Post ›

Published: 2 days ago

This $12 Product Is A Secret Weapon For Traveling Light

This $12 Product Is A Secret Weapon For Traveling Light

Keep the overweight bags at bay with this clever design.View Entire Post ›

Published: 7 days ago

I Walked Mumbai's Malabar Hill Walkway, So You Don't Have To (But Probably Should)

I Walked Mumbai's Malabar Hill Walkway, So You Don't Have To (But Probably Should)

The BMC decided to cut through Mumbai's concrete jungle to make way for a real one.View Entire Post ›

Published: 7 days ago

23 Incredibly Charming Small Towns For Anyone Who Loves A Chill, Low-Key Vacation

23 Incredibly Charming Small Towns For Anyone Who Loves A Chill, Low-Key Vacation

Secret's out on these...View Entire Post ›

Published: 7 days ago

Take A Pit Stop In These Iconic US States And I'll Guess Your Favorite Pie Flavor

Take A Pit Stop In These Iconic US States And I'll Guess Your Favorite Pie Flavor

If you like pumpkin pie, your taste buds must be fried!View Entire Post ›

Published: 15 hours ago

If You, Like Me, Pack Like A Doomsday Prepper, Then You’ll Be Very Happy These 41 Travel Products Exist

If You, Like Me, Pack Like A Doomsday Prepper, Then You’ll Be Very Happy These 41 Travel Products Exist

If your hotel’s a little sus, this portable door lock might just be your new favorite travel essential.View Entire Post ›

Published: 1 week ago

Non-Americans Are Revealing The American Stereotypes They Believed Until They Actually Visited, And I'm Honestly Fascinated By What They Thought

Non-Americans Are Revealing The American Stereotypes They Believed Until They Actually Visited, And I'm Honestly Fascinated By What They Thought

"The regular people are wonderful. The state power is scary."View Entire Post ›

Published: 1 week ago

42 Ways To Pack Light And Save Space In Your Suitcase For An International Trip

42 Ways To Pack Light And Save Space In Your Suitcase For An International Trip

If you have an international trip on your calendar and feel daunted about packing for it, let us help.View Entire Post ›

Published: 1 week ago

Traveling With A Toddler? Allow Me To Introduce You To 21 Helpful Products

Traveling With A Toddler? Allow Me To Introduce You To 21 Helpful Products

When it comes to traveling with toddlers, it's not about the journey — it's about getting to your destination as painlessly as possible.View Entire Post ›

Published: 1 week ago

Hotel Workers Are Sharing The Most Disturbing Things They've Found In Rooms, And I'm Genuinely Concerned For Humanity

Hotel Workers Are Sharing The Most Disturbing Things They've Found In Rooms, And I'm Genuinely Concerned For Humanity

All of these workers deserve a big, honkin' raise and unlimited vacation time.View Entire Post ›

Published: 1 week ago

So THAT'S Why Some People Get Food Poisoning And Others Don't

So THAT'S Why Some People Get Food Poisoning And Others Don't

Yes, even when you have the exact same meal.View Entire Post ›

Published: 1 week ago

Travel Around Europe And I'll Guess Your Favorite Flower

Travel Around Europe And I'll Guess Your Favorite Flower

Forget this "bloom where you're planted" stuff — I wanna see the world!View Entire Post ›

Published: 6 days ago

These 15 Cities Looked Practically Unrecognizable 100+ Years Ago — So I'm Positive You Won't Be Able To Name Them From A Photo

These 15 Cities Looked Practically Unrecognizable 100+ Years Ago — So I'm Positive You Won't Be Able To Name Them From A Photo

Wait, Los Angeles looked like THAT in the 1900s?!View Entire Post ›

Published: 17 hours ago

"It's A Completely Immersive Experience": Older, Well-Traveled Adults Are Sharing  Vacation Destinations That Are Actually Worth It

"It's A Completely Immersive Experience": Older, Well-Traveled Adults Are Sharing Vacation Destinations That Are Actually Worth It

"As we get older, our travels become less about partying, and more about having unique and authentic cultural experiences."View Entire Post ›

Published: 6 days ago

Can I Guess Your Favorite Disney Princess Movie Based On Your Dream Global Itinerary?

Can I Guess Your Favorite Disney Princess Movie Based On Your Dream Global Itinerary?

I wanna be, where the people are...the airport!View Entire Post ›

Published: 5 days ago

Travel Around The World And We'll Guess Your Favorite Cake

Travel Around The World And We'll Guess Your Favorite Cake

At the heart of every cake is an eager stomach!View Entire Post ›

Published: 6 hours ago

If You Can Pinpoint 15/20 Of These Cities On A Map, Congrats! You're Officially Smarter Than 99% Of Americans

If You Can Pinpoint 15/20 Of These Cities On A Map, Congrats! You're Officially Smarter Than 99% Of Americans

We can all (hopefully) locate Canada. But do you have any idea where Toronto is?View Entire Post ›

Published: 19 hours ago

Cricket Feed

PBKS openers Prabhsimran and Arya rise on IPL 2025 Orange Cap table after fifties against DC

Prabhsimran Singh and Priyansh Arya are not in the top five on the IPL 2025 Orange Cap leaderboard yet, but are closing in on the top run-scorers of the season

Published: 47 minutes ago

WBBL: Matthew Mott takes over as Sydney Sixers head coach

Matthew Mott will continue as assistant coach to Greg Shipperd for the Sydney Sixers men's team in the BBL

Published: 1 hour ago

Sri Lanka bowl, captain Wolvaardt returns for South Africa

This match will be a dead rubber, with Sunday's finalists already decided

Published: 2 hours ago

IPL 'is on as of now', says league chairman Arun Dhumal

"It is an evolving situation and any decision will be taken keeping the best interest of all stakeholders in mind," Arun Dhumal, the IPL chairman, said

Published: 3 hours ago

PBKS-DC match in Dharamsala abandoned after floodlight failure

Only 10.1 overs were possible on Thursday evening before the game was called off

Published: 56 minutes ago

PSL moved to UAE amid India-Pakistan tensions

Overseas players are on their way to the UAE, with the PCB saying new dates will be announced soon

Published: 3 hours ago

IPL match in Dharamsala called off after floodlight failure

There was a "significant technical failure" at the stadium, an official statement said

Published: 13 hours ago

Jason Roy set to make red-ball comeback for Surrey

World Cup-winning opener last featured in the format in Bob Willis Trophy in 2020

Published: 14 hours ago

Mayank on his reduced pace: 'The body will adapt and take its own time'

"I will have to give some time to my body and my bowling to get those speeds back," the LSG quick said

Published: 15 hours ago

Unchanged PBKS opt to bat; DC hand IPL debut to Madhav Tiwari

Karun Nair missed out with Sameer Rizvi taking his place

Published: 15 hours ago

RCB aim for playoffs spot while LSG sweat in must-win situation

LSG will hope Pooran and Pant return to form before it's too late

Published: 15 hours ago

PCB to reschedule PSL games after mounting tensions between Pakistan and India

It is not clear whether the matches will be moved to another city or whether the dates will be changed

Published: 16 hours ago

PBKS vs MI game shifted to Ahmedabad

The last-minute change is due to the escalation in tension across the India-Pakistan border

Published: 16 hours ago

MCC appoints Ed Smith as next president

Former England chief selector played for Kent, Middlesex and three Tests for England

Published: 18 hours ago

Sean Jarvis to step down in autumn as Leicestershire CEO

Former Huddersfield Town FC executive credited with transforming team's fortunes on and off the field

Published: 18 hours ago

Marnus Labuschagne confirms Glamorgan stint ahead of WTC final

Australia batter available to play in two County Championship games from mid-May

Published: 19 hours ago

Lhuan-dre Pretorius and Nandre Burger replace injured Nitish Rana and Sandeep Sharma at RR

Pretorius was the leading run-getter at SA20 2025 with a tally of 397 at a strike rate of 166.80

Published: 20 hours ago

James Rew called up to England Test squad after Jordan Cox ruled out

Somerset batter is averaging 54.71 in the County Championship this season

Published: 21 hours ago

Gill leads the race for India's next Test captain after Rohit's retirement

He has never led in Test matches or ODIs, but has led the team in five T20Is

Published: 24 hours ago

Rossouw, Nawaz tons hand United a drubbing

Gladiators posted the highest ever PSL total of 263 for 3 and claimed the top spot

Published: 1 day ago

Varun Chakravarthy gets a fine and one demerit point

He was penalised under Article 2.5, which includes any provocative language or gesture towards a dismissed batter

Published: 1 day ago

Noor Ahmad jumps to No. 2 on Purple Cap table after KKR vs CSK game

Varun Chakravarthy has moved to fifth place with 17 wickets from 12 games

Published: 1 day ago

Delhi Capitals hope to break out of their funk against Punjab Kings

They've won just two of their last five games at a time when the playoffs race is heating up

Published: 20 hours ago

Brevis cracks counterattacking fifty as KKR's playoffs hopes nosedive

Earlier, CSK's win was set up by Noor Ahmad's four-for as he checked KKR after the powerplay

Published: 1 day ago

'Nothing for me to decide as of now' - Dhoni on his IPL future

Dhoni is pleased with the emergence of youngsters as CSK rebuild for IPL 2026

Published: 1 day ago

Sophie Luff leads Somerset victory with captain's knock

Her unbeaten 111 builds on Heather Knight's punchy 70 off 93 in spite of Emily Arlott's four wickets for Warwickshire

Published: 2 days ago

Rohit Sharma announces retirement from Test cricket

Rohit Sharma confirmed that he would continue to play ODI cricket, where he is India's captain

Published: 2 days ago

Fi Morris, Katie Mack overhaul 297-target to beat Surrey

Alice Davidson-Richards' century goes in vain at Southport, as does Paige Scholfield's 87

Published: 2 days ago

Centurion Rodrigues, all-round Deepti take India into tri-series final

Despite fighting half-centuries from Dercksen and Tryon, the loss eliminated SA from the tournament

Published: 2 days ago

RCB replace injured Padikkal with Agarwal; DC bring in Atal for Brook

Both teams are pushing for a place in the IPL playoffs

Published: 2 days ago

Russell, Rahane propel KKR to 179 on spin-friendly pitch at Eden Gardens

Noor Ahmad took 4 for 31 for CSK, who slowed KKR down in the four overs after the powerplay

Published: 2 days ago

Bouchier, Knott fifties lead Hampshire to victory

Lauren Bell, Charli Knott take two wickets each to restrict Durham to 190 for 8

Published: 2 days ago

PSL to continue despite Pakistan-India border tensions

ESPNcricinfo understands there is mixed opinion among English players at the PSL, with some considering leaving and others wanting to stay

Published: 2 days ago

IPL to continue amid India-Pakistan border tensions

Tournament chief Arun Dhumal says they are working with the government on how to move forward

Published: 2 days ago

KKR bat first vs CSK at Eden Gardens; Pandey replaces injured Venkatesh

CSK handed Urvil Patel a debut, while also bringing Devon Conway and R Ashwin back

Published: 2 days ago

Bhuvneshwar: 'Death bowling is like an instinct'

"We are the same but different as well," Bhuvneshwar Kumar says about his RCB fast-bowling partners Josh Hazlewood and Yash Dayal

Published: 2 days ago

Nehra fined, handed demerit point; Hardik fined for slow over-rate again

Ashish Nehra, the GT coach, was penalised for "conduct that is contrary to the spirit of the game" during the rain-interrupted MI vs GT game at Wankhede Stadium

Published: 2 days ago

Suryakumar, Sai Sudharsan, Gill take top three spots on IPL 2025 Orange Cap table

On the Purple Cap leaderboard, Gujarat Titans' Prasidh Krishna has become the first to get to the 20-wicket mark in IPL 2025

Published: 2 days ago

Jayawardene: 'We lost the game when we had control of it'

Did Mumbai Indians miss a trick by handing the ball to Deepak Chahar, and not Hardik Pandya, for the all-important final over?

Published: 2 days ago

Gambhir: India should not play Pakistan at all

India head coach says his personal opinion is that even matches at neutral venues should stop after the Pahalgam terror attack

Published: 2 days ago

Crypto

 Ether clocks ‘insane’ 20% candle post Pectra — a turning point?

Ether clocks ‘insane’ 20% candle post Pectra — a turning point?

Ether surged 20% in the past 24 hours following the launch of the Pectra upgrade, with some crypto traders suggesting the growing number of ETH long positions could mark a “turning point” for the asset that has faced uncertain sentiment throughout most of 2025.At the time of publication, Ether (ETH) is trading at $2,230, up 19.6% over the past 24 hours, according to CoinMarketCap data. Pseudonymous crypto trader Daan Crypto Trades said it was a “pretty insane candle.” Over the same 24 hours, Ether Open Interest (OI) spiked 21%. Ether price pump caught traders offsideThe surge followed the long-awaited Pectra Upgrade, which went live on May 7, introducing new wallet features, increased staking limits and scalability improvements to Ethereum. Popular crypto trader Alex Kruger said on May 8 that Ether’s price spike was primarily due to “new longs.”If Ether were to fall back to $2,000, approximately $2.06 billion in long positions would be at risk of liquidation, according to CoinGlass data. The price surge caught many traders offside, with approximately $328 million in Ether short positions liquidated over the same period.Crypto trader Bob Loukas said, “ETH holders thinking this might finally be the turning point.” 2025 has not been a strong year for Ether’s price, which fell 56% from its Jan. 1 price to $1,472 by April 9 — its lowest point this year — as sentiment weakened throughout the year.Ether is up 52% over the past 30 days. Source: CoinMarketCapEther’s recent rally coincides with Bitcoin (BTC) gaining 3.59% over the same period and nearly 6% over the past seven days, reclaiming the $100,000 mark on May 8 for the first time in over three months. In comments to Cointelegraph, onchain options protocol Derive founder Nick Forster said Ether’s recent price surge was due to a combination of factors, beyond just the Pectra hard fork. Forster pointed out the US trade deal with the UK, where US President Donald Trump “slashed tariffs on British cars and steel.” He also pointed to the crypto exchange Coinbase, which announced the acquisition of Deribit for $2.9 billion.Related: Ethereum price finally ‘breaking out,’ data suggests — Is $3K ETH next?Since 2013, Ether has averaged a 62.2% return in the second quarter. Based on its price on April 1, Ether could reach around $2,950 by the end of June if history repeats. However, the momentum has not crossed over with spot Ether ETFs yet. For the third day running, spot Ether ETFs posted outflows on May 8, totaling $16.1 million, according to Farside data.Meanwhile, the overall crypto market also saw an uptick in prices and sentiment following Bitcoin’s surge. Over the 24 hours, the entire crypto market surged 4.95%, and the Crypto Fear & Greed Index has moved further into “Greed’ territory, bumping up another 8 points to a score of 73.Magazine: ChatGPT a ‘schizophrenia-seeking missile,’ AI scientists prep for 50% deaths: AI EyeThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Published: 16 minutes ago

 AI decentralized apps are coming for the Web3 throne: DappRadar

AI decentralized apps are coming for the Web3 throne: DappRadar

AI decentralized apps (DApps) have seen a spike in user activity and could soon challenge gaming and DeFi for the top spot in the DApp ecosystem, according to blockchain analytics platform DappRadar.Gaming and DeFi are both sitting on 21% dominance in April, judged by percentage of unique active wallets, while AI has climbed to 16%, up from the 11% recorded in the February report, data in DappRadar’s April industry report shows.“As user interest in artificial intelligence tools grows across industries, AI-powered DApps are steadily carving out their place in the decentralized ecosystem,” DappRadar analyst Sara Gherghelas said. “If this trend continues, AI could soon challenge the traditional dominance of DeFi and Gaming, signaling a new era in the DApp landscape.”AI DApps have seen a jump in market dominance this month, while market leaders have declined slightly. Source: DappRadarAt the same time, AI DApp activity surged over 26% to reach 3.8 million daily unique active wallets (dUAW), up from the 2.6 million dUAW recorded in February.In contrast, DeFi activity dropped by 16%, settling at 4.8 million dUAW, which is equal to the gaming sector, which saw a 10% decline as well.Source: DappRadarGherghelas said most of the top AI DApps being tracked by DappRadar have remained the same, with many tied to AI agent infrastructure and those building utility.LOL, a project that styles itself as an AI-powered mining system, is the top AI DApp on DappRadar’s list in dUAW. LOL encourages users to send a voice recording of laughter to Telegram groups that use the LOL AI bot, which then uses factors like pitch and frequency to calculate the number of LOL tokens paid out in rewards. Coming in second is AI-powered decentralized messaging service Dmail Network. Rounding out the top three is World.‎‎‎Fun, a launchpad that allows users to deploy AI agents into massive multi-agent simulations.“This month, the top AI DApps on our platform remain largely unchanged, reinforcing the staying power of early leaders in this space. These projects are not just riding the hype: they’re building utility,” she added.Last December, crypto industry execs told Cointelegraph they expected AI agents to transform Web3 in 2025, flagging crypto staking and onchain trading as emerging early use cases. However, there was also speculation that AI would face headwinds, including technical challenges, regulatory hurdles, and centralization. Social DApps rise as Web3 holds groundSocial DApps also saw a spike in activity for April, with an 18% increase to 3.6 million dUAW. Social DApp market dominance also grew to over 15% for the month.Related: Crypto users cool with AI dabbling with their portfolios: SurveyGherghelas said overall that “Web3 is holding its ground,” despite wider market turbulence in the wake of sweeping US tariffs, with 23 million daily active wallets recorded in April, compared to the 24 million recorded in February.“April’s top performers underscore a key narrative: utility and narrative-driven hype, especially around memecoins and AI, are major drivers of user engagement,” Gherghelas said. Magazine: UK’s Orwellian AI murder prediction system, will AI take your job? AI Eye

Published: 49 minutes ago

 Apple makes progress toward its first pair of smart glasses: Report

Apple makes progress toward its first pair of smart glasses: Report

Apple is reportedly working on its own microchips across multiple product categories, including smart glasses and artificial intelligence — a hint at what’s next for the massive Silicon Valley-based tech giant. A May 8 report from Bloomberg, citing people familiar with the matter, said the company is working on new processors to power its future devices, including its first smart glasses to rival Meta’s Ray-Bans, more powerful Macs, and artificial intelligence servers.The smart glasses — a first for Apple — would rely on a specialized chip codenamed N401. The processor is based on Apple Watch chips but is further optimized for power efficiency and designed to control multiple cameras planned for the glasses, the sources said. Apple’s smart glasses will initially be non-augmented reality versions that will include cameras, microphones and integrated AI, much like rival offerings from Meta. They would presumably have similar functions like snapping photos, recording video and offering translation options, the report added. The product may also integrate a visual intelligence feature for scanning the environment and describing objects, looking up information about products and providing directions.Mass production targeted for late 2026 or 2027, suggesting a product launch within approximately two years, they added.  Apple is targeting rival Meta’s smart Ray-Bans. Source: Ray-BanThe Bloomberg sources added that other semiconductors were also developing chips to power future Macs and AI servers that can power the firm’s “Apple Intelligence” platform.Related: Apple softens crypto-related app rules, ‘hugely bullish’ for crypto industryMeanwhile, MacRumors reported that chips codenamed “Komodo” will likely be M6 chips that will follow this year’s M5 chips, while chips codenamed “Borneo” will be Apple’s future M7 processors with another more advanced chip that will debut in the future codenamed “Sotra.”Dedicated Apple AI chips Apple is also working on its first dedicated AI server chips in a project codenamed “Baltra” to power its Apple Intelligence platform, according to Bloomberg. The firm’s Baltra chips could have up to eight times the processing and graphics cores of the current M3 Ultra chips, the report added. Apple has targeted completion by 2027 to make its AI services faster and more competitive. In late April, it was reported that Chinese tech giant Huawei has developed a powerful AI chip that could rival high-end processors from US chip maker Nvidia.Magazine: Bitcoin to $1M ‘by 2029,’ CIA tips its hat to Bitcoin: Hodler’s Digest

Published: 1 hour ago

 Zerebro dev is reportedly alive and at parents’ house: SF Standard

Zerebro dev is reportedly alive and at parents’ house: SF Standard

The 22-year-old developer of Zerebro, who apparently committed suicide during a livestream on May 4, is actually alive, according to a San Francisco news outlet that claims they spoke to Yu outside his family home. The San Francisco Standard reporter George Kelly claimed on May 8 that he briefly spoke with Yu outside of his family’s two-story home, where the crypto influencer refused to discuss the suicide allegations and whether he had financially benefited from it. Instead, Yu reportedly said: “You can see the PTSD in my eyes, right?” before asking the reporter to leave.He was reportedly wearing a T-shirt, shorts, flip-flops and wire-rimmed glasses, possibly similar to the ones he had on while appearing to shoot himself to death during the livestream.Jeffy Yu speaking about the future of crypto AI agents in a January 2025 podcast on Bankless. Source: BanklessThe SFS didn’t share an image of Yu outside his family’s house. Many initially believed that Yu’s suicide was legitimate after reports of the incident emerged on May 4. But several pieces of information that began circulating on X two days later led some to conclude his suicide attempt was faked. One piece of evidence was an unverified letter purportedly sent by Yu to an investor confirming that he hadn’t died; another included transfers from several crypto wallets owned by Yu after the alleged incident and the removal of his obituary from the memorial site Legacy.com.Wallets tied to Yu have moved $1.5M since the suicide incidentAccording to blockchain analytics firm Bubblemaps, wallets tied to Yu have offloaded around $1.5 million worth of the Zerebro (ZEREBRO) tokens since the suicide incident, strengthening the SFS’ report that Yu is still alive.Some of those funds have been transferred to the same wallet address Yu used to create the so-called “Legacy Memecoin” — Legacoin (LLJEFFY) — Bubblemaps noted.Related: Doodles NFT sales surge 97% ahead of DOOD token airdropYu’s AI-powered, content-focused Zerebro platform burst onto the scene in late 2024, with the ZEREBRO token soaring to a near $660 million market cap on Jan. 3 before tanking below $20 million around three months later, CoinGecko data shows.ZEREBRO currently boasts a $47.2 million valuation, while several LLJEFFY tokens have notched multimillion-dollar valuations across different blockchain networks.Yu’s PTSD claims reflect a concerning industry trend of harassment, violenceThe PTSD comment that Yu made to the SFS reporter appears to be related to the constant harassment, blackmail and threats that he talked about in his apparent letter sent to the Zerebro investor.He claimed that with his house address publicly known, he’s been in constant fear of robbery and physical harm — an unfortunate trend that has escalated in the crypto space in recent months.There have been more than 150 crypto-related physical attacks since 2014, according to a GitHub list tracked by Bitcoin cypherpunk Jameson Lopp. Forty-six of those reported incidents have occurred over the last 12 months alone. Magazine: ChatGPT a ‘schizophrenia-seeking missile,’ AI scientists prep for 50% deaths:

Published: 1 hour ago

 US man who sent crypto to ISIS could serve prison till he’s 65

US man who sent crypto to ISIS could serve prison till he’s 65

A man from the US state of Virginia will spend over three decades behind bars after being convicted of sending crypto to the terrorist organization commonly known as the Islamic State of Iraq and Syria.Federal Judge David Novak sentenced Mohammed Azharuddin Chhipa to 30 years and four months in prison on May 7 for sending over $185,000 to the Islamic State, the Department of Justice said on May 8.Prosecutors said that from around October 2019 until October 2022, the 35-year-old Chhipa collected and sent money to female Islamic State members in Syria, which helped them escape prison camps and funded fighting.The Justice Department said Chhipa would raise funds for the United Nations-designated terror organization through social media — receiving money online, or traveling hundreds of miles to accept donations in person. He’d convert the money into crypto and send it to Turkey for it to be smuggled to Islamic State members across the border in Syria, prosecutors said.A federal jury convicted Chhipa in December, finding him guilty on a charge of conspiracy to provide support to a terrorist organization and four charges of providing and attempting to provide support to a terrorist organization.An undated picture of Chhipa, a naturalized US citizen born in India. Source: Alexandria Sheriff’s Office via TRM“This defendant directly financed ISIS in its efforts to commit vile terrorist atrocities against innocent citizens in America and abroad,” Attorney General Pam Bondi said in a statement. “This severe sentence illustrates that if you fund terrorism, we will prosecute you and put you behind bars for decades.”Chhipa tried to flee US during FBI probeProsecutors said that during the Federal Bureau of Investigation’s investigation into Chhipa, he tried to flee the country to escape prosecution and tried to hide his tracks through a series of actions seemingly aimed at confusing authorities.According to a motion for detention filed in August, FBI agents searched Chhipa’s house on Aug. 2, 2019, and that night Chhipa drove to a bank, withdrew $1,800 from an ATM, and then went to a Taco Bell, where he paid a stranger for a ride to a relative’s house. The relative then drove him to a grocery store.Related: US Treasury sanctions Myanmar militia group for alleged crypto scamsThree days later, prosecutors said Chhipa “purchased a series of bus tickets using variations and/or misspelling of his name and recently created email accounts.”He then travelled from Virginia to Mexico and onto Guatemala. He then bought tickets to fly from Guatemala to Panama, then onto Germany, and then to Egypt, but an Interpol Blue Notice was issued, and he was returned to the US.Magazine: Terrorism and the Israel-Gaza war have been weaponized to destroy crypto 

Published: 2 hours ago

 Rumble CEO confirms Tether-collab crypto wallet to launch in Q3

Rumble CEO confirms Tether-collab crypto wallet to launch in Q3

Rumble’s pro-crypto founder and CEO has confirmed that the firm will launch its Bitcoin and stablecoin wallet in the third quarter of this year, aimed at giving the Coinbase Wallet a run for its money. The Rumble Wallet will be launched in partnership with stablecoin issuer Tether and compete directly with Coinbase, Chris Pavlovski said in a May 9 X post.“Our goal is to become the most prominent non-custodial Bitcoin and stablecoin wallet, powering the creator economy,” he added. He continued to state that the Rumble Wallet will be the “vehicle to help monetize creators better than most advertisers, especially in international markets,” though he did not provide further details other than it may support Tether Gold (XAUT) as well. Rumble Wallet. Source: Chris PavlovskiThe video streaming platform, founded in late 2013 as a YouTube alternative for small content creators, first announced the launch of a Tether (USDT) wallet for creators in March. Tether invested $775 million in Rumble in December 2024.Related: Tether launches on Kaia, brings USDt to LINE’s 196M user ecosystemThe Rumble Bitcoin (BTC) wallet is entering a crowded crypto wallet application market dominated by Coinbase, Robinhood, eToro, PayPal, Revolut, Crypto.com and MetaMask.The use of mobile crypto wallets hit an all-time high of 36 million in Q4, 2024, according to Coinbase. The firm, which Pavlovski aims to compete with, reported more than 100 million registered users in 2024, almost double that of Rumble’s video platform. Rumble has also joined the ranks of Michael Saylor’s Strategy in becoming a Bitcoin acquisition company since March, when it made its first purchase of 188 BTC. The firm currently holds 210 BTC, worth almost $22 million at current market prices.Rumble Q1 revenue beat estimates  The firm reported a net loss of $2.7 million for the first quarter on May 8. However, this significantly improved over the $43 million loss in Q1 2024. Additionally, its GAAP (generally accepted accounting principles) loss of $0.01 per share was 90% above analysts’ consensus estimates.Rumble’s revenue was $23.7 million, exceeding estimates by 2.8% (and up from $17.7 million year-over-year. The firm also reported 59 million monthly active users, down from 68 million in Q4 2024. “Rumble reported strong first-quarter 2025 results, highlighted by 34% year-over-year revenue growth to $23.7 million, driven by increased subscription revenue and monetization across our video and advertising platforms,” said Pavlovski.Rumble financial summary. Source: RumbleRumble shares (RUM) gained 2.37% on the day to reach $7.78 in after-hours trading, according to Google Finance. However, company stock has lost 40% year to date. Magazine: Bitcoin to $1M ‘by 2029,’ CIA tips its hat to Bitcoin: Hodler’s Digest

Published: 2 hours ago

 Bitcoin at $103K hurtles MARA stack toward $5B, holdings triple

Bitcoin at $103K hurtles MARA stack toward $5B, holdings triple

Bitcoin mining firm MARA Holdings (MARA) nearly tripled its Bitcoin holdings over 12 months, according to its newly released Q1 results.However, its Bitcoin production fell, and total earnings slightly missed Wall Street estimates in Q1.MARA, formerly Marathon Digital, saw its Bitcoin (BTC) holdings increase to 47,531 BTC, up 175% from the 17,320 BTC the firm was holding at the end of Q1 2024.MARA holdings inch closer to $5B after Bitcoin pumpMARA holds the second-largest amount of Bitcoin among all publicly traded companies, according to CoinGecko data. Strategy (MSTR) holds the number one spot with 555,450 Bitcoin.The holdings represent a total value of approximately $4.9 billion, based on Bitcoin’s current price of $102,660 at the time of publication, according to CoinMarketCap data. Over the past 24 hours, Bitcoin’s price spiked 4.86%.Bitcoin is trading at $102,660 at the time of publication. Source: CoinMarketCapHowever, the amount of Bitcoin that MARA produced over the quarter fell 19% compared to the same quarter in 2024 to 2,286 Bitcoin. MARA attributed this to the last Bitcoin halving event, which reduced mining rewards to 3.125 BTC per block and tightened overall supply.MARA fell short of analyst revenue expectations by 0.35%, according to Zacks Research. The analysts pointed out that MARA has only surpassed consensus revenue estimates once in the past four quarters.MARA is trading at $14.20 at the time of publication. Source: Google FinanceDespite this, MARA’s stock price jumped 7.2% during trading on May 8 but has since pulled back nearly 2% in after-hours trading, according to data from Google Finance.Bitcoin mining firms share same frustrationsBitcoin miner Riot Platforms echoed similar difficulties in their recent Q1 financial report. Riot said that the average cost to mine Bitcoin over the quarter was $43,808, almost 90% more than the $23,034 it cost to mine Bitcoin in the same period last year. However, Riot beat its $159.8 million revenue consensus estimate by 1%.Related: Bitcoin miner Hive taps Paraguay for low-cost energy partnershipSeveral other Bitcoin mining firms also fell short of Wall Street’s revenue expectations.Bitcoin miner CleanSpark missed consensus estimates by 0.58%, reporting quarterly revenue of $181.71 million.Bitcoin miner Core Scientific also fell short of analyst expectations with total Q1 revenue reaching $79.5 million, missing Zacks analysts’ estimates by 8.11% and falling from its $179.3 million revenue for Q1 2024. Meanwhile, Bitcoin miner Hut8 reported the widest miss among Bitcoin mining firms, falling 35% short of Wall Street expectations.Zacks Research had projected Hut8 to post first-quarter revenue of $35 million, but Hut8 came in significantly lower at just $21 million.Magazine: ChatGPT a ‘schizophrenia-seeking missile,’ AI scientists prep for 50% deaths: AI EyeThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Published: 3 hours ago

 SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’

SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’

A crypto-skeptical commissioner at the US Securities and Exchange Commission has blasted her agency over its settlement letter that could finally end the Ripple legal saga. The SEC and Ripple filed a joint settlement letter in a New York court asking for the August 2024 injunction against Ripple to be dissolved and $75 million of the $125 million in civil penalties held in escrow to be returned to the crypto firm, according to a May 8 statement from the SEC.SEC Commissioner Caroline Crenshaw blasted the pending deal in a May 8 statement, saying it would damage the regulators’ ability to keep crypto firms in line and undermine the court’s ruling.Source: James Filan“This settlement, alongside the programmatic disassembly of the SEC’s crypto enforcement program, does a tremendous disservice to the investing public and undermines the court’s role in interpreting our securities laws,” she said.“In the meantime, the settlement joins a line of dismissals that collectively erode the credibility of our lawyers in court who are being asked to take legal positions today contrary to the ones taken just months ago.”Under the Trump administration, the SEC has slowly been walking back its hardline stance toward crypto firms forged under former SEC Chair Gary Gensler’s reign, dismissing a growing number of enforcement actions against crypto firms.At the same time, Crenshaw argues that if Judge Torres accepts the settlement, it would erase “the investor protections we already won” and leave a “regulatory vacuum,” until the crypto task force hammers out a regulatory framework.“The settlement is not in the best interests of the investors and markets that our agency is tasked with serving and protecting. It creates more questions than answers.”In August last year, a Judge ordered Ripple to pay $125 million in penalties after ruling the firm’s XRP (XRP) token was covered by securities laws when sold to institutional investors.What’s next for the Ripple case? It’s not over yetWhile the SEC and Ripple have agreed to a settlement, it’s still not a done deal, according to ex-federal prosecutor James Filan, because there are several steps before the long-running legal saga can conclude.For a start, Judge Torres needs to provide an indicative ruling if she agrees to the settlement letter, Filan said in a May 8 analysis on X.Source: James FilanIf Torres provides an indicative ruling, the SEC and Ripple will ask the Second Circuit Court of Appeals for a limited remand back to Judge Torres, which, if granted, will result in another motion being filed for the agreed settlement, according to Filan.Related: Bitnomial drops SEC lawsuit ahead of XRP futures launch in the US“After the injunction is dissolved and the funds distributed, the SEC and Ripple will ask the Court of Appeals to dismiss the SEC’s appeal and Ripple’s cross-appeal. Then it will be over,” he said.The SEC initially launched legal action against Ripple Labs in December 2020, accusing the firm of illegally selling its token as an unregistered security. Magazine: SEC’s U-turn on crypto leaves key questions unanswered

Published: 6 hours ago

 Coinbase revenue falls 10% in Q1, missing industry estimate

Coinbase revenue falls 10% in Q1, missing industry estimate

Crypto exchange Coinbase’s total revenue fell 10% quarter-over-quarter to $2 billion in Q1, missing industry estimates by 4.1% as trading activity slowed across the market.Coinbase’s net income was sliced by 95% from a near-company record $1.29 billion in Q4 to $66 million, in a large part due to Coinbase marking a $596 million paper loss on its crypto holdings. The firm’s earnings per share of $1.94, however, managed to beat the Zacks Consensus Estimate of $1.85 for the quarter.Coinbase’s May 8 results also showed that transaction revenue fell 18.9% quarter-on-quarter to $1.26 billion, as did trading volumes, which dipped 10.5% to $393 billion as crypto market cap dropped by double digits over the quarter, partly attributed to the Trump administration’s tariffs. In contrast, US President Donald Trump’s election win in November was considered one of the main catalysts behind the rising market prices in Q4. Key financial metrics for Coinbase in Q1. Source: CoinbaseMeanwhile, Coinbase’s subscription and services revenue rose 8.9% to $698.1 million, with stablecoin revenue the most significant contributor.Despite the fall in total revenue and trading volume, Coinbase said it gained more market share in global spot and derivatives trading while deepening its presence in emerging markets such as Argentina and India with “critical registrations.”On the regulatory front, Coinbase said the dismissal of its lawsuit with the US securities regulator marked a “major judicial win for balanced, innovation-friendly regulation, and our efforts to make crypto mainstream.”Coinbase makes deal with major crypto derivatives platformOn May 8, Coinbase agreed to acquire crypto derivatives platform Deribit for $2.9 billion, marking the industry’s largest corporate acquisition to date. The acquisition will expand Coinbase’s footprint in the crypto derivatives market immensely, which previously had been limited to its Bermuda-based platform.Coinbase noted that Deribit facilitated over $1 trillion in trading volume in 2024 and has around $30 billion of current open interest. Related: $45 million stolen from Coinbase users in the last week — ZachXBTThe deal now makes Coinbase the “global leader” in crypto derivatives trading, the firm said. Competitor firm Kraken struck a similar deal in March when it agreed to acquire futures brokerage NinjaTrader for $1.5 billion.Coinbase’s Deribit deal contributed to a 5.1% rise in Coinbase’s (COIN) share price during the May 8 trading day, though shares have pulled back 3.1% in after-hours since the crypto exchange posted its Q1 results.Coinbase’s change in share price on May 8, including after-hours. Source: Google FinanceMagazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

Published: 6 hours ago

 Meta exploring stablecoin integration for payouts: Report

Meta exploring stablecoin integration for payouts: Report

Tech company Meta is reportedly exploring integrating stablecoin payments into its platforms after a three-year hiatus from cryptocurrencies, Fortune reported, citing sources familiar with the matter.The Facebook parent held talks with several crypto infrastructure firms in consultation but has not chosen a decisive course of action, according to the report.One source said the company may take a multi-token approach and integrate support for popular stablecoins such as Tether's USDt (USDT), Circle's USD Coin (USDC) and others.Meta is the latest tech firm to integrate or explore the use of stablecoins for payments, as they increasingly attract institutional interest and investment, causing the stablecoin market capitalization to soar past $230 billion.An overview of the stablecoin market. Source: RWA.XYZRelated: US Stablecoin bill blocked as Democrats withdraw supportStablecoins attract more institutional investment and become US strategic interestSeveral payment processing companies announced investments into stablecoin companies or announced stablecoin integrations in May this year.On May 7, payments giant Visa announced that it invested in stablecoin startup BVNK. Although details of the deal remain scant, Visa's head of products and partnerships, Rubail Birwadker, said stablecoins were commanding an ever-greater market share of payments.Stripe, a global payments platform, launched stablecoin-based accounts for customers in over 100 countries on May 7.The accounts allow users to store stablecoin balances or transfer the tokens to other users and withdraw the stablecoin balances as fiat currency to traditional bank accounts.World Liberty Financial (WLFI), a crypto firm backed by US President Donald Trump, launched USD1, a US dollar-pegged stablecoin, in March.In May, USD1 was the seventh-largest stablecoin by market cap — highlighting the rapid growth of the tokenized fiat market.The Trump administration has repeatedly stated that stablecoins are central to US policy and a way to extend US dollar hegemony by harnessing demand for US government Treasurys and other government securities.Source: Scott BessentHowever, comprehensive stablecoin regulations were stalled on May 8 after Democratic Senators blocked the GENIUS Stablecoin bill — dashing the hopes of senior officials in the Trump administration."The Senate missed an opportunity to provide leadership today by failing to advance the GENIUS Act. This bill represents a once-in-a-generation opportunity to expand dollar dominance," Treasury Secretary Scott Bessent wrote in a May 8 X post.Magazine: Unstablecoins: Depegging, bank runs and other risks loom

Published: 8 hours ago

 Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, SEC Commissioner Caroline Crenshaw blasted a settlement agreement between the SEC and Ripple, which she says could erode SEC lawyers’ credibility in the court. Democrats in the United States block the GENIUS stablecoin bill from advancing and Coinbase has agreed to acquire crypto options trading platform Deribit in a deal worth $2.9 billion.SEC’s Crenshaw slams Ripple settlement, warns of “regulatory vacuum”A crypto-skeptical commissioner at the US Securities and Exchange Commission has blasted her agency over its settlement letter that could finally end the Ripple legal saga.The SEC and Ripple filed a joint settlement letter in a New York court asking for the August 2024 injunction against Ripple to be dissolved and $75 million of the $125 million in civil penalties held in escrow to be returned to the crypto firm, according to a May 8 statement from the SEC.SEC Commissioner Caroline Crenshaw blasted the pending deal in a May 8 statement, saying it would damage the regulators’ ability to keep crypto firms in line and undermine the court’s ruling.“This settlement, alongside the programmatic disassembly of the SEC’s crypto enforcement program, does a tremendous disservice to the investing public and undermines the court’s role in interpreting our securities laws,” she said.“In the meantime, the settlement joins a line of dismissals that collectively erode the credibility of our lawyers in court who are being asked to take legal positions today contrary to the ones taken just months ago.”GENIUS stablecoin bill blocked in US SenateThe Guiding and Establishing National Innovation for US Stablecoins (GENIUS) of 2025 Act was blocked by Democrat lawmakers in the Senate on May 8, stalling the bill's progress.Although the bill initially received bipartisan support from US lawmakers, Democrats opposed the bill last minute due to concerns over President Donald Trump pushing crypto policies for self-benefit.Senior officials in the Trump administration have repeatedly stated that using stablecoins to protect the US dollar's global reserve status was a key policy objective.Following the stalling of the GENIUS stablecoin bill in the Senate, Treasury Secretary Scott Bessent wrote:"This bill represents a once-in-a-generation opportunity to expand dollar dominance and US influence in financial innovation. Without it, stablecoins will be subject to a patchwork of state regulations instead of a streamlined federal framework."The Treasury Secretary added that if the US does not encourage innovation in digital assets then crypto firms will move offshore.Source: Scott BessentCoinbase to acquire options trading platform Deribit for $2.9 billionCoinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms.Coinbase Global will acquire Deribit for about $2.9 billion, the exchange announced on May 8.The acquisition will allow Coinbase to expand into the profitable crypto derivatives market and continue scaling the platform’s global growth, Greg Tusar, Coinbase’s vice president of institutional product, said in the announcement.“With Deribit’s strong presence and professional client base, Coinbase is making its most substantial move yet to accelerate our international growth strategy,” he said.Source: CoinbaseThe $2.9 billion deal includes $700 million in cash and 11 million shares of Coinbase Class A common stock, subject to customary purchase price adjustments.“This transaction is subject to regulatory approvals and other customary closing conditions and is expected to close by year-end,” the announcement said.Previous reports in March suggested that Coinbase and Deribit had alerted regulators in Dubai about the potential deal, as Deribit holds a license in Dubai, which would need to be transferred to Coinbase if the deal is successful.

Published: 8 hours ago

 Wellgistics Health to integrate XRP into payment infrastructure

Wellgistics Health to integrate XRP into payment infrastructure

Wellgistics Health, a healthcare infrastructure company, will integrate XRP (XRP) and related technologies into its payment network to streamline transactions between pharmacies, medical suppliers and prescription medication manufacturers, the company said in an announcement on May 8. Wellgistics cited the finality time of XRP transactions and reduced transaction costs, which are fractions of a penny, compared to legacy financial architecture like automated clearinghouse (ACH) payments or wire transfers, as reasons for using XRP. Brian Norton, CEO of Wellgistics Health, said in the announcement:"I believe that the future winners in healthcare will not be the companies with the biggest buildings, they will be those with the fastest rails, cleanest data, and most efficient platforms. We are betting on infrastructure — not inertia.”The integration of XRP will reduce cross-border friction and allow transactions between different businesses in the supply chain to settle instantly, in real time, the announcement reads.Blockchain payment rails and cryptocurrencies can significantly reduce international transaction costs, giving rise to business opportunities that were previously out of reach or too expensive to implement and opening up global trade for residents in developing economies.Related: Can XRP price reach $4 in May? Analysts are watching these key levelsLegacy banking system pushes back against crypto innovationCryptocurrencies like Bitcoin (BTC) disintermediate banks and financial institutions by providing peer-to-peer transactions over a trustless network of decentralized nodes that are censorship-resistant and give the holder self-sovereignty over their money.Other cryptocurrencies like stablecoins and altcoins still feature a third-party issuer, but have the benefit of trading on blockchain payment rails, through the internet, without markets closing.Banks and legacy financial institutions pushed back against the GENIUS stablecoin bill in March 2025, arguing that stablecoins would erode the banking industry's market share of financial services and eventually drive out banks altogether.US Senator Elizabeth Warren also fought to include several provisions in the bill that would force any stablecoin firm that wants to do business in the United States to issue their stablecoin with the oversight of an established financial institution.The bill, hailed as a bipartisan success, failed to advance to a floor vote on May 8 after pushback from Democratic senators.Magazine: ZK-proofs are bringing smart contracts to Bitcoin — BitcoinOS and Starknet

Published: 9 hours ago

 Coinbase's Deribit buy shows growing derivatives market

Coinbase's Deribit buy shows growing derivatives market

Coinbase’s agreement to buy Deribit highlights the increasing importance of financial derivatives for cryptocurrency exchanges, according to industry executives. On May 8, Coinbase, the US’s largest crypto exchange by trading volume, agreed to acquire crypto derivatives platform Deribit for $2.9 billion in the crypto industry’s largest corporate acquisition to date.  The deal reflects increasing competition among digital asset exchanges and brokerages — including Coinbase, Kraken and Robinhood — to dominate the burgeoning crypto derivatives market. "Global derivatives trading is a key driver of growth for Coinbase,” Spencer Yang, co-founder of Fractal Bitcoin, a Bitcoin scaling solution, told Cointelegraph.Coinbase agreed to buy Deribit on May 8. Source: CoinbaseThe merger established Coinbase as the world’s largest crypto derivatives platform by open interest, the exchange said in a blog post announcing the deal. In a May 8 X post, Jeff Park, Bitwise’s head of alpha strategies, said Coinbase’s Deribit acquisition “might be the best 'value' deal in crypto I've ever seen,” adding the the deal is “a coup for Coinbase.”In March, US crypto exchange Kraken agreed to buy NinjaTrader, a futures brokerage, for $1.5 billion.Coinbase’s international derivatives exchange saw some $10 billion in trading volume on May 8. Source: CoinbaseRelated: Coinbase to acquire options trading platform Deribit for $2.9BExpanding global footprintCoinbase already has a global presence in perpetual futures, with roughly $10 billion in daily trading volume as of May 8. It also has a US-based derivatives trading platform listing more than 20 futures contracts. Deribit is the largest crypto options exchange, with about $30 billion in open interest, according to the blog post. With this acquisition, Coinbase “has captured all possible regulated and self-regulated derivatives products,” Yang added.It also bolstered Coinbase’s presence in the global market, which is still dominated by Binance, the world’s largest crypto exchange by volume. Deribit does not serve US-based traders, according to its website. “Deribit is the platform of choice for global traders for Bitcoin and Ethereum options,” Yang said. Futures contracts are standardized agreements to buy or sell an underlying asset at a future date, often using leverage in a bid to enhance returns.Options are contracts granting the right to buy or sell — “call” or “put,” in trader parlance — an underlying asset at a certain price.Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

Published: 9 hours ago

 Bitcoin options could pave the path for new BTC price highs — Here is how

Bitcoin options could pave the path for new BTC price highs — Here is how

Key takeaways:97% of the $8.3 billion in Bitcoin put options expire worthless at a $102,000 BTC price.Short covering above $105,000 could trigger a Bitcoin price rally to new highs.Bitcoin (BTC) soared above $101,000 on May 8, reaching its highest level in over three months. The 4.6% daily BTC price gain triggered $205 million in liquidations of bearish futures positions and eroded the value of nearly every put (sell) option. Traders now question whether Bitcoin is poised to break its $109,354 all-time high in the near term.Bitcoin put (sell) options open interest for May-June-July, USD notional. Source: Laevitas.chThe aggregate Bitcoin put (sell) option open interest for the next three months stands at $8.3 billion, but 97% of those have been placed below $101,000 and will likely expire worthless. Still, this does not mean every put options trader was betting on Bitcoin’s downside, as some may have sold those instruments and profited from the price gains.Top BTC option strategies at Deribit past two weeks. Source: Laevitas.chAmong the largest option strategies traded at Deribit is the “bull put spread,” which involves selling a put option while simultaneously buying another put at a lower strike price, capping both maximum profit and downside risk. For example, a trader aiming to profit from higher prices might sell the $100,000 put and buy the $95,000 put.Bull put spread profit/loss. Source: Strike-MoneyCryptocurrency traders are known for their exaggerated optimism, and this is reflected in the leading strategies on Deribit’s options markets, such as the “bull call spread” and the “bull diagonal spread.” In both cases, traders anticipate Bitcoin prices at expiry to be equal to or higher than the options traded.$100,000 Bitcoin boosts bullish options, but shorts may resistIf Bitcoin sustains the $100,000 level, most bullish strategies will yield positive results in the May and June options expiries, giving traders additional incentives to support upward momentum. However, there is the possibility that sellers (shorts) using futures markets will exert their influence to prevent a new Bitcoin all-time high.Related: Coinbase to acquire options trading platform Deribit for $2.9BThe aggregate open interest on Bitcoin futures currently stands at $69 billion, indicating substantial demand for short (sell) positions. At the same time, higher prices might force bears to close their positions. However, this “short covering” effect is significantly muted in fully hedged positions, meaning those traders are not particularly sensitive to Bitcoin price movements.For instance, one could buy spot Bitcoin positions using margin or spot exchange-traded funds (ETFs) while simultaneously selling the equivalent in BTC futures. Known as the “carry trade,” this strategy is delta neutral, so the profit comes regardless of price swings, as the monthly Bitcoin futures trade at a premium to compensate for the longer settlement period.Bitcoin 2-month futures annualized premium. Source: laevitas.chThe Bitcoin futures premium has been below 8% for the past three months, so the incentives for the “carry trade” have been limited. Hence, it is likely that some form of “short covering” will occur if Bitcoin surges above $105,000, which greatly improves the odds of a new all-time high over the next couple of months.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Published: 10 hours ago

 Former FTX exec's wife says gov't 'induced a guilty plea'

Former FTX exec's wife says gov't 'induced a guilty plea'

Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors deceived her husband in a plea deal.In a May 7 filing in the US District Court for the Southern District of New York, Bond’s lawyers reiterated some of the claims Salame made in opposing his plea deal with the government, which ultimately still led to him serving time in prison. She claimed that prosecutors obtained a deal with Salame through “stealth and deception” by allegedly agreeing they would not file charges against Bond. “Mr. Salame and Ms. Bond’s attorneys were advised that the agreement to cease investigating Ms. Bond could not be placed within the four corners of the Salame plea or other written agreement, but the government still offered it as an inducement to induce the plea,” said the filing, adding: “At a minimum, enough exists to demonstrate a legitimate factual dispute as to the nature and scope of the promises made to Mr. Salame and Ms. Bond to induce his guilty plea such that a hearing with discovery is required.”May 7 filing requesting a dismissal of one charge for Michelle Bond. Source: CourtlistenerProsecutors charged Bond in August 2024 with conspiracy to cause unlawful campaign contributions, causing and accepting excessive campaign contributions, causing and receiving an unlawful corporate contribution, and causing and receiving a conduit contribution related to her failed run for a seat in the US House of Representatives in 2022. Salame, who pleaded guilty to two felony charges in 2023 and was later sentenced to more than seven years in prison, attempted to void his deal with prosecutors, claiming it had included an agreement not to charge Bond.Related: Former FTX executive Ryan Salame’s prison sentence reduced by 1 yearThe May 7 filing requested the court suppress any statements Bond made after the alleged “inducement” in Salame’s deal. The former FTX executive made similar claims in court filings attempting to nullify his plea, but later dropped the matter and reported to prison in October 2024. Bond hinted that her running as a Republican — similar politically-motivated claims made by Salame — had contributed to the campaign finance charges. The indictment alleged she filed false reports to the Federal Election Commission related to funds used for her campaign.The FTX saga hasn’t ended… yetSince the collapse of FTX in 2022, nearly all former executives indicted on charges related to the misuse of the crypto exchange’s funds have had their day in court. Former FTX CEO Sam Bankman-Fried, who pleaded not guilty, went through a trial in 2023 and was later sentenced to 25 years in prison. His lawyers filed a notice of appeal, and reports suggested he may be looking for a pardon from US President Donald Trump.Caroline Ellison, the former CEO of Alameda Research, was sentenced to two years in prison in September 2024 as part of a plea deal and began serving her time in November. Nishad Singh and Gary Wang, former FTX executives who also pleaded guilty to charges, were each sentenced to time served in 2024.Magazine: XRP win leaves Ripple and industry with no crypto legal precedent set

Published: 10 hours ago

 Mashinsky’s 12-year sentence sets tone of enforcement in Trump era

Mashinsky’s 12-year sentence sets tone of enforcement in Trump era

The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud. Mashinsky’s legal team sought a light sentence. They highlighted his spotless record before the Celsius incident, along with his military service and willingness to plead guilty. But US prosecutors were less inclined to leniency, suggesting on April 28 that the judge deliver a 20-year sentence for his actions.Betting markets predicted a light sentence ahead of the May 8 hearing. Polymarket showed only 11% odds for a 20-year sentence or higher.Source: PolymarketPresident Donald Trump began his second term with high-profile pardons of crypto executives, signalling that his administration may bring leniency to crypto fraudsters like Mashinsky. His sentencing today, however, suggests otherwise.Trump’s DOJ wants Mashinsky sentence to serve as a warningCrypto-related crimes have their limits, according to the current US Department of Justice. Jay Clayton, the Trump-nominated US attorney leading the prosecution, said on April 28 that the suggested 20-year sentence serves as a “critical warning to other entrepreneurs, executives, and promoters in the cryptocurrency industry and in any future industry as-yet unconceived: that fraud will be punished severely, regardless of the technology or industry in which it occurs.”Bitcoin advocate Jameson Lopp quotes the prosecution’s argument that Mashinsky targeted retail investors. Source: Jameson LoppClayton argued that a strong sentence was warranted as the fraud targeted unsophisticated retail investors rather than institutional parties with protections and expertise. Mashinsky “preyed on ordinary individuals who relied on his promises of safety and financial security.” The Mashinsky defense team drew attention to Mashinsky’s character, highlighting his long career in business, devotion to family and service with the Israel Defense Forces. His lawyers also drew distinctions between Mashinsky’s case and that of Bankman-Fried, claiming, “There are no allegations — let alone any proof — that Alex misappropriated, embezzled or stole any customer assets or any Celsius money.”On May 5, Mashinsky’s legal team argued that these mitigating factors should warrant a sentence of no more than 366 days.“The government’s venom-laced submission recasts this case as one involving a predator with an intent to target victims, harm them, and steal their money,” his team said.Mashinsky’s lawyers called the suggested 20-year term a “death-in-prison sentence.”Mashinsky’s sentence follows high-profile Trump pardons for crypto execsTrump started his term with the pardon of Silk Road 2.0 founder Ross Ulbricht, whose acceptance of Bitcoin (BTC) on his narcotics trading platform endeared him to the crypto community. The president also commuted the sentences of Arthur Hayes, Benjamin Delo and Samuel Reed, three BitMEX crypto exchange executives who pleaded guilty to violating the Bank Secrecy Act and failing to establish a proper Anti-Money Laundering program.Sam Mangel, a consultant to white-collar convicts who advised former Trump staffer Steve Bannon and Bankman-Fried, told Politico there has been a large spike in interest in presidential pardons. “Everybody that is in prison now is keenly aware of the environment, and it’s become a very hot topic within the low- and minimum-security inmate communities,” said Mangel.Related: US stablecoin bill loses democrats amid Trump corruption concernsHigh-profile crypto defendants seem to have taken notice, too. Roger Ver, an early Bitcoin advocate and libertarian activist, is facing federal tax evasion charges. In January, he released a video making an outright plea to Trump for a commutation. Ver claimed that he is the victim of lawfare and likened his persecution to Trump’s legal problems following the Jan. 6 scandal. Sam Bankman-Fried, the disgraced former CEO of now-defunct exchange FTX, likened his court experience with Trump’s defamation lawsuit in an interview with The New York Sun on Feb. 18. He claimed his trial was politicized under the Biden administration and that he didn’t think there was “a very fair and balanced view or approach.” His parents also reportedly met with lawyers and people close to the Trump administration to explore the possibility of a presidential pardon. Trump’s commutation of the BitMEX executives has even led former Binance CEO Changpeng Zhao to apply for clemency. On May 6, Zhao said that his lawyers had submitted an application and were awaiting a response. The current administration is still writing the rules of the road as regulators reshuffle personnel and priorities and new legal frameworks for crypto take shape. The picture is further muddled by Trump’s own crypto projects, which have raised concerns over corruption and conflicts of interest. Mashinsky’s sentence shows that, for the financial world, certain crimes will not go unpunished. Magazine: Adam Back says Bitcoin price cycle ’10x bigger’ but will still decisively break above $100K

Published: 11 hours ago

 Bitcoin hits $101.7K as US strategic reserve bills become law and BTC mass adoption accelerates

Bitcoin hits $101.7K as US strategic reserve bills become law and BTC mass adoption accelerates

Key takeaways: Bitcoin rallies to $101,707 against a backdrop of strong fundamentals in the regulatory and traditional finance space.Traders are confident that $100,000 will hold as support.Bitcoin (BTC) price rallied above $100,000 on the heels of US President Donald Trump’s announcement of a “trade deal” with the UK, which could possibly include the removal of the blanket 10% tariff on all imports. Frequent social posts from Trump and public comments from White House cabinet members have hinted at a handful of trade deals in negotiation with various countries, and markets have responded positively to the messaging. In addition to the UK trade deal, the US is set to meet with Chinese officials in Switzerland on May 10.The Dow gained 500 points following the White House announcement, while the S&P 500 rose 1.47%, and Bitcoin trades near $101,600 at the time of writing. In a Truth Social post, Trump wrote: “Many other deals, which are in serious stages of negotiation, to follow!” The significance of Bitcoin’s return to six-figure territory after trading below the level since February was not lost on investors:In an X post, popular independent market analyst Macroscope said he was “watching closely now,” and stressed the importance of BTC “holding” the $100,000 level as a support, rather than a brief pop above the psychological resistance level. X / MacroScope  While the initial surge through the $100,000 level appears to be driven by $241 million in futures market liquidations, the political and investment environment surrounding Bitcoin has seen vast improvements since the last time BTC traded above six figures. In the past week, the governors of two US states have signed bills, which now make it legal for the states to establish strategic Bitcoin reserves. On May 8, the legislature in the US state of Missouri sent Bill 594, a bill which would end all capital gains taxes, to the desk of Governor Mike Kehoe. Related: Strive to become Bitcoin treasury company  On May 7, the US Office of the Comptroller of the Currency (OCC) confirmed that banks within its jurisdiction can “responsibly” trade crypto on behalf of their customers, and they can also “outsource” crypto and custodial activities to trusted third parties. In late March, the FDIC issued guidance giving banks the green light to hold crypto assets and offer various goods and services to clients. In addition to growing legislative and regulatory support for Bitcoin and other cryptocurrencies, inflows to the spot Bitcoin ETFs have soared, alongside increasing buying and BTC treasury from US-based and international publicly listed companies. Spot Bitcoin ETF inflows (weekly). Source: SoSoValueThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Published: 11 hours ago

 Why is XRP price up today?

Why is XRP price up today?

Key takeaways:XRP surged on May 8, boosted by risk-on sentiment following US President Donald Trump’s teased trade deal with the UK.Whale accumulation continues, with the number of addresses holding 10,000+ XRP rising steadily on price dips.XRP broke above a key falling wedge resistance, increasing the chances of a rally toward $2.80–$3.66.XRP’s (XRP) price gained 7.50% on May 8 to reach an intraday high of $2.27, mirroring similar upside moves elsewhere in the cryptocurrency market.Traders pushed the price higher amid Trump’s tariff threats, increased whale accumulation, and favorable chart technicals.XRP/USD daily price chart. Source: TradingViewTrump’s tariff tease boosts risk appetite, helping XRPTrump announced a “major trade deal” in a social media post, announcing an Oval Office press conference with representatives from a “big, highly respected country.” Source: Truth SocialThe deal involves the UK and aims to lower tariffs on cars and steel, which has boosted risk appetite in the last 24 hours. The S&P 500 futures, for instance, rose by around 1.50% ahead of the US market open, pushing the broader crypto market alongside, including XRP.S&P 500 futures, Nasdaq futures, TOTAL crypto market cap, XRP/USD daily performance. Source: TradingViewXRP’s 52-week correlation coefficient with the S&P 500 index has grown since November 2024; it was around 0.54 on May 8, albeit down from its year-to-date peak of 0.74. XRP whales are stackingXRP’s price gains precede and coincide with a steady increase in the number of addresses holding at least 10,000 tokens, according to data resource Glassnode.XRP number of addresses with a balance of over 10K tokens. Source: Glassnode The metric shows that whales have accumulated XRP for several months, even during price pullbacks. This accumulation trend signals confidence among large holders, who are positioning for further gains.Favorable outcomes in Ripple’s SEC lawsuit and spot ETF speculation may have fueled accumulation sentiment among XRP’s richest trader cohort.XRP price breaking key resistanceXRP’s ongoing rally has pushed the price above a key resistance trendline that had limited its upside since January 2025, prompting chartist Mags to predict a 30% rally toward $2.80 in the coming days.Source: MagsThe downward-sloping resistance trendline is part of a prevailing falling wedge pattern, which many technical analysts see as a bullish reversal setup. Therefore, a clear breakout above the upper trendline can send the XRP price toward $3.66, a level measured after adding the wedge’s maximum height to the breakout point of $2.20.XRP/USD daily price chart ft. falling wedge breakout setup. Source: TradingViewThe upside target aligns with the bullish XRP outlook shared by multiple chartists and analysts, with analyst DOM noting the cryptocurrency must hold above $2.20 support to maintain its bullish momentum. A drop below $2.20 increases the possibility of further declines toward XRP’s 200-day exponential moving average (200-day EMA; the blue wave in the chart above) at around $2.00. Related: Moon soon? XRP's strongest spot premium aligns with 70% rally setupIt would invalidate the bullish reversal pattern if XRP decisively falls below the wedge’s lower trendline around the $1.80–$1.85 area.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Published: 11 hours ago

 US Stablecoin bill blocked as Democrats withdraw support

US Stablecoin bill blocked as Democrats withdraw support

The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on May 8, dealing a slight blow to cryptocurrency regulation in the country.The bill, sponsored by Senator Bill Hagerty and co-sponsored by Senators Tim Scott, Kirsten Gillibrand, Cynthia Lummis and Angela Alsobrooks, received last-minute pushback from Democrats, who took aim at the bill and raised concerns about US President Donald Trump’s cryptocurrency ventures.To address the concerns of Senate Democrats, the bill had already been amended to include stricter requirements for stablecoin issuers for further provisions for Anti-Money Laundering.The GENIUS Act was seen as a bipartisan effort to increase regulatory clarity for digital assets in the United States. The focus of the bill, stablecoins used for payments, was looked at as extending dollar dominance internationally and straying away from more controversial crypto topics.After the procedure failed, Senate Majority Leader John Thune criticized Democrats, saying, “Democrats have been accommodated every step of the way […] frankly, I just don’t get it.”‘Disappointment’ at cloture vote failureAfter the GENIUS Act failed to meet cloture, some individuals took to social media to express their displeasure at Congress's lack of progress toward a sensible digital asset regulatory framework.Lummis published a statement that read, “I’m deeply disappointed that we were unable to pass this important, bipartisan-crafted stablecoin legislation today. Make no mistake, digital assets are the future and America must lead the way.”She wasn't the only Republican sharing her thoughts about the situation.Treasury Secretary Scott Bessent issued a lengthy statement on X, writing that for stablecoins and other digital assets “to thrive globally, the world needs American leadership.”Source: Treasury Secretary Scott BessentBlockchain Association CEO Kristin Smith said in a statement that while “disappointed that the GENIUS Act did not pass its cloture vote today, we remain encouraged by the bipartisan engagement on this critical digital asset legislation.”

Published: 11 hours ago

 Trump tricked into pushing XRP for crypto reserve: Report

Trump tricked into pushing XRP for crypto reserve: Report

US President Donald Trump was reportedly manipulated by a lobbyist tied to Ripple Labs into announcing the XRP token would be part of his plans for a national cryptocurrency reserve.According to a May 8 Politico report, an employee of pro-Trump lobbyist Brian Ballard gave the president the text to a social media post she recommended he write announcing a US strategic crypto reserve that would include XRP, Solana (SOL), and Cardano (ADA). After he posted the message to his social media platform on March 2, Trump learned Ripple was one of Ballard’s clients, infuriating the president, who felt like he’d been used, Politico reported, citing two people familiar with the incident.“He is not welcome in anything anymore,” said Trump, referencing Ballard, according to the report.March 2 Truth Social post announcing US crypto reserve. Source: Donald TrumpTrump had connections to Ripple long before the announcement of XRP in the proposed crypto reserve. The blockchain firm’s chief legal officer, Stuart Alderoty, donated more than $300,000 to fundraising and political action committees supporting Trump in the 2024 election, and both he and CEO Brad Garlinghouse met with the then-president-elect in January and attended inauguration events.Related: Democrats aim at Trump’s crypto profits with a 3-prong pincer moveRipple also donated $5 million worth of XRP to Trump’s presidential inaugural fund and has been one of the largest contributors to Fairshake, a political action committee (PAC) that supports those it considers “pro-crypto” candidates through media buys. A spokesperson for the PAC said in January that it would continue its efforts in the 2026 midterm elections.Trump moved forward on crypto reserve days laterThe president often uses his social media platform to suggest policies before any official announcement through the White House. Trump signed an executive order to create a “Digital Asset Stockpile” on March 6 — roughly four days after the post, which was still live at the time of publication. The price of XRP did not appear to significantly react to the May 8 report. At the time of publication, it was $2.23, having risen roughly 5% in the previous 24 hours. Cointelegraph reached out to a Ripple spokesperson for comment, but did not receive a response at the time of publication.Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions

Published: 12 hours ago

 SEC considers new rules easing security token issuance

SEC considers new rules easing security token issuance

Updated to correct that the SEC sent a Wells notice to Uniswap but did not bring charges.The US Securities and Exchange Commission (SEC) is considering rule changes to let companies more freely issue tokenized securities, SEC Commissioner Hester Peirce said in a speech published on May 8.The regulator is “considering a potential exemptive order” for firms using blockchain technology to “issue, trade, and settle securities” that would release them from certain registration requirements, Peirce said in the speech.For example, decentralized exchanges (DEXs) may no longer need to register “as a broker-dealer, clearing agency, or an exchange,” Peirce said. The SEC has previously sent numerous Wells notices to DEXs such as Uniswap for allegedly failing to register as securities exchanges. Firms should “not have to comply with inapt regulations, which, in many cases, were developed well before the technologies being tested existed and may be obviated by attributes of that technology,” Peirce said. Commissioner Peirce described the planned changes in a May 8 speech. Source: SECUnder such an exemption, companies would still be expected to comply with rules designed to prevent fraud and market manipulation, the commissioner said. They may also need to meet certain disclosure and recordkeeping requirements.Related: Nasdaq urges SEC to treat certain digital assets as 'stocks by any other name'Sharp policy pivotThe SEC has dramatically pivoted its stance on cryptocurrency oversight since US President Donald Trump took office in January. Under the leadership of former SEC Chair Gary Gensler, the agency brought upward of 100 lawsuits against crypto firms for alleged securities law violations.However, under Trump nominee Paul Atkins, who was sworn in as chair on April 21, the agency has claimed jurisdiction over a narrower segment of cryptocurrencies.In February, the SEC issued guidance stating that memecoins — if clearly identified as purely speculative assets with no intrinsic value — do not qualify as investment contracts under US law. In April, the regulator said that stablecoins — digital tokens pegged to the US dollar — similarly do not qualify as securities if they are marketed solely as a means of making payments.Magazine: Ethereum is destroying the competition in the $16.1T TradFi tokenization race

Published: 12 hours ago

 Are layer 2s good for Ethereum, or are they ‘extractive?’

Are layer 2s good for Ethereum, or are they ‘extractive?’

Layer 2s have been a great blockchain success story. They’ve reduced congestion on the Ethereum mainnet, driving down gas fees while preserving security.But maybe they’ve become too successful, drawing chain activity and fee income from the parent that spawned them? At least that’s what some are suggesting lately, most recently at Cornell Tech’s blockchain conference in late April.Indeed, some think Ethereum should be a little greedier, or at least fight harder for a bigger part of the revenue pie, particularly sequencing fees. “People in the Ethereum Foundation [the nonprofit that supports the Ethereum ecosystem] will tell you that, ‘Yes, we effed up by being too ivory tower.’ I have heard that multiple times,” said David Hoffman, an owner at Bankless, during a panel discussion at the Cornell Tech event in New York City on April 25. Hoffman, left, at Cornell Tech’s blockchain conference. Source: Andrew SingerElsewhere, Hoffman has urged Ethereum to make a “strategic pivot,” noting that the crypto environment has changed in the last few years. Ethereum no longer has the “luxury of being a peace-time research project…. exploited by its competition.”L2s are reaping millions of dollars in transaction order fees (sometimes called sequencing fees), but none of these revenues are being passed on to Ethereum, according to James Beck, head of growth at ENS Labs and another speaker at the New York City conference. Beck told Cointelegraph:So, this cultural layer of podcasters and researchers are saying, ‘Well, the price of ETH has been dropping compared to these other tokens. What do we do to make Ethereum more powerful?’In short, Ethereum is a neutral verification layer, but the Ethereum mainnet is not being fairly compensated for the work that it is doing. Centralized for-profit L2s like Base, Optimism and Arbitrum are gathering the lucrative sequencing fees while enjoying the security and liveness guarantees of the Ethereum mainnet at relatively little economic cost.L2s soared after Dencun upgradeL2 rollups are a recent innovation; they only emerged in 2023. The idea was to reduce chain congestion and gas fees by moving transaction processing from the main blockchain (layer 1) to separate chains that sit atop the mainnet (L2s). But transaction processing is arguably the most profitable part of the revenue game, especially when users opt to pay priority fees to get their orders processed faster.Fee-sharing was rarely much of an issue before Ethereum’s March 2024 Dencun upgrade, which introduced blob transactions to help scale layer 2s. Blobs significantly reduced the cost for L2s to post data to Ethereum, allowing them to operate more profitably, CoinMetrics researcher analyst Tanay Ved told Cointelegraph this week. Since then, L2 user demand has soared, especially on Base, the L2 launched by Coinbase in August 2023 on the Ethereum mainnet. As Ved noted in an April 8 blog, Base has earned a total of ~$98 million in revenues from user-transaction fees (including base and priority fees), “while paying only ~$4.9M to the Ethereum base layer, resulting in a total estimated profit of $94M since the Dencun upgrade.” Ved added:This dynamic has led to many questioning whether Layer-2s are net positive for Ethereum, or whether they are ‘extractive.Base’s responseAsked about fees, a Base spokesperson told Cointelegraph, “Today, Base already pays Ethereum fees for every transaction on Base. All transactions are settled on Ethereum, and so far, Base has paid Ethereum more than $20 million in settlement fees since Base’s inception.” One can see these fees on Token Terminal under “cost of revenue,” the spokesperson added. “Overall, Base makes getting onchain more accessible with fast and cheap transactions and helps grow the Ethereum ecosystem by onboarding more users, builders, apps and assets, all of whom are transacting in ETH and driving demand,” said the spokesperson.Related: Institutions break up with Ethereum but keep ETH on the hookHowever, in many, if not most months, Base’s overall fees are roughly 10 times the amount paid to Ethereum for settling trades, according to examination of the referenced Base financial statement. In April, for instance, the most recent full month, Base reaped $3.7 million in fees, but only $305,000 was delivered to Ethereum as settlement fees — about 8% of total fees.Still, maybe things aren’t quite so dire. Even if fees are out of kilter now, the imbalance may not last, others caution. Ethereum hard forks like Pectra, which went live yesterday (May 7), and Fusaka, scheduled for late 2025, will increase blob throughput. “This means L2s will be able to post more blobs, potentially driving higher total blob fees to mainnet,” Ved told Cointelegraph. Ethereum is already consistently hitting the current blob target of three per block, as the chart below shows. “Pectra will raise this to six blobs per block — with a max of nine — creating room for increased fee capture as L2 activity scales,” added Ved.Average blobs per block and their total blob fees (USD) on Ethereum. Source: CoinMetricsAre “based rollups” the answer?Some Ethereum researchers, podcasters — and even L2s — have been leaning into “based rollups” as a more permanent way to fix the fee problem and provide better security in the bargain. Here, transaction ordering (i.e., sequencing) would be done on the mainnet, not on L2s.The sequencers used by Optimism, Arbitrum One, Base and others are more prone to attack or failure, given that they are centralized, with a single point of failure, some researchers say. Polygon’s Jarrod Ward writes:If a centralized sequencer goes down, the rollup effectively stops doing its job entirely. It stops handling transactions from users on the L2 and also stops sending batch data back to Ethereum.“Layer-2 sequencers have become dangerously centralized,” added Tom Ngo, executive lead at Metis — an Ethereum layer-2 blockchain. Last June’s $2.6-million hack of Ethereum layer-2 blockchain Linea drove home to Ngo and others the importance of decentralization and the perils of centralized sequencers. Related: ‘Vitalik: An Ethereum Story’ is less about crypto and more about being humanSeveral based-rollup L2s have launched this past year. Taiko Alethia, the first and largest, went live in May 2024. A year later, it had $148.3 million in total value secured — ranking 14th on L2Beat’s list of L2s, though far behind leader Base’s $12.06 billion. Top Ethereum layer 2s ranked by total value secured. Source: L2BeatSpeedwise, Taiko was averaging a respectable 20.3 user operations per second (UOPS) on May 7, a far cry from Base’s 86.3 UOPS, but on par with Arbitrum One’s (21.6 UOPS) and significantly better than Optimism’s (10.3 UOPS).A tax on L2s?Another idea floated in the Ethereum community is imposing a sort of tax on L2s. But doing this could have some unintended consequences, according to Ved. It could make L2s less competitive. It also risks “leakage of activity to competing layer 1s outside the Ethereum ecosystem.” Activity that flows to Base today could flow instead to Solana or other L1s, Ved said.There could be philosophical issues, too, were Ethereum to lay a surcharge on its L2s. Ved noted:A tax could be seen as contrary to Ethereum’s ethos of decentralization, which would opt for market-driven forces rather than enforcing a tax.Generally speaking, the Ethereum Foundation seems to be prioritizing long-term growth over short-term revenue, Ved explained. Proposals like EIP-7762, though, which raises the minimum blob base fee to speed up price discovery during demand surges, could drive more fee income to Ethereum mainnet, having an effect like a tax. Social pressure?According to ENS Labs’ Beck, it may take some social pressure to get the leading centralized L2s to voluntarily give up their sequencing fees. Other L2s like Linea may need to step in and say to centralized L2s something along the lines of: “Look, you guys have these risks inherent in a more centralized design, and here’s the chance to bake [the order processing] into Ethereum, which is more decentralized.”Along these lines, ENS took part in a three-day workshop in the UK in January with leading researchers and developers from entities like Linea, Status, OpenZeppelin, Titan, Spire Labs and the Ethereum Foundation. The immediate task was how to create scalable, decentralized infrastructure for ENS Labs’ Namechain, but also to bring together various Ethereum ecosystem teams to collaboratively solve L2 interoperability challenges with based rollups. It’s not always easy to get things done in a flat (non-hierarchical), multi-voice entity like Ethereum, Beck acknowledges. “Ethereum is a decentralized ecosystem. You can’t get everyone on the same page all at once.” But a collaboration like the recent one that took place in the UK is a start. Cornell Tech conference panelist Hoffman expressed some confidence that Ethereum could pivot and “turn the layer 1 into a rollup” with processing speeds comparable to today’s L2s. As noted, Hoffman has criticized the Ethereum Foundation for being too insular and academic, but he sees signs that things may be changing now, writing recently:The appointment of co-executive directors Tomasz Stańczak and Hsiao-Wei Wang marks a new era of accountability, direction, and internal cohesion.“I’m feeling optimistic,” added Beck. “Ethereum still has the most assets locked for DeFi; the most stablecoins are on Ethereum. BlackRock has a fund that’s settling on Ethereum.” Put another way, Ethereum is still well-positioned to provide the infrastructure for the “network of networks” — i.e., the smoothly interacting network of multitudinous private and public blockchains that many hope will be the technology’s future.Magazine: 12 minutes of nail-biting tension when Ethereum’s Pectra fork goes live

Published: 13 hours ago

 Missouri bill ending capital gains tax heads to governor for signature

Missouri bill ending capital gains tax heads to governor for signature

Missouri House Bill 594, a bill that would eliminate capital gains tax in the US state, has passed a vote in the state House of Representatives and now heads to Missouri Governor Mike Kehoe's desk for signature.According to attorney Aaron Brogan, the bill stipulates a 100% income tax deduction for any capital gains income because the Missouri tax code does not explicitly distinguish between capital gains and income tax.Missouri House Bill 594 proposes exempting capital gains from income taxes. Source: Missouri House of RepresentativesBrogan told Cointelegraph that the specific mechanism to exempt capital gains taxes outlined in HB 594 is unique and compared it to a similar income tax deduction in the federal tax code. The attorney explained:"The most natural comparison is the state and local tax (SALT) deduction that the federal government offers — where the Internal Revenue Code (IRC) permits individuals to deduct a certain amount of tax paid in state and local taxes. This is the inverse, which I have never seen before."The bill's timing is significant in that it follows proposals from US President Donald Trump to overhaul the country’s income tax system through comprehensive reform.Related: US lawmaker targets crypto investors using Puerto Rico as a tax havenTrump proposes eliminating federal income tax in the United StatesTrump has proposed offsetting federal income taxes or eliminating the income tax and replacing the federal tax revenue with money raised through import tariffs."When Tariffs cut in, many people’s income taxes will be substantially reduced, maybe even completely eliminated. The focus will be on people making less than $200,000 a year," the president wrote in an April 27 Truth Social post.Trump added the plan will create more jobs in the United States as factories return to avoid import duties on their finished products.Despite this, the market reaction to the tariffs has been overwhelmingly negative, with the stock market recording trillions of dollars in losses in response to tariff headlines and crypto markets shedding hundreds of billions in value.Additionally, bond yields spiked following the tariff announcements — a sign that investors were rejecting US bonds, which are traditionally seen as a flight to safety.Magazine: Financial nihilism in crypto is over — It’s time to dream big again

Published: 13 hours ago

 Bitcoin price reclaims $100K for first time since January

Bitcoin price reclaims $100K for first time since January

Bitcoin has reclaimed the $100,000 price level for the first time since January, reflecting renewed bullish sentiment among investors.Bitcoin (BTC) reclaimed the $100,000 mark on May 8 at 3:22 pm UTC, surging 4.2% from the intraday low of $95,967, according to data from CoinGecko.It marked the third time that BTC has broken through the six-figure level since first achieving it on Dec. 5, 2024. A second all-time high followed on Jan. 20 ahead of US President Donald Trump’s inauguration.Bitcoin price chart in the past year. Source: CoinGeckoUnlike the previous $100,000 hits, the new price spike came as Bitcoin market dominance surged above 60%, reflecting potential bearish sentiment for altcoins.Bitcoin dominance below 60% in past $100,000 breakthroughsBitcoin dominance — the asset’s share of the total cryptocurrency market — has been steadily rising over the past year. During its first run to $100,000 in December 2024, BTC dominance stood at 52%. By January 2025, that figure had increased to 54%.Bitcoin all-time dominance chart. Source: CoinGeckoThe latest spike in Bitcoin dominance matches historic levels last seen in early 2021, when Bitcoin was trading at around $36,000 and heading toward its previous all-time highs above $60,000.“Bitcoin has been showing strength for weeks now, outstripping other digital tokens, and scarcely flinching against the sort of geo-political events in Asia and the Middle East that may have impacted it in the past,” Mercuryo CEO Petr Kozyakov told Cointelegraph.“With gold also running good all year, there’s now a case for saying that Bitcoin may have proven itself as an economic hedge and a long-term store of value,” he added.Why is the Bitcoin price rising now?Bitcoin’s latest $100,000 breakthrough came amid a combination of political, institutional and macroeconomic factors.Some in the community linked Bitcoin’s latest bullish action to a potential trade deal between the US and the United Kingdom, which Trump hinted at in a Truth Social post on May 7.“Bitcoin is hovering near $100,000, a key psychological level for traders, after Trump hinted at a major trade deal, likely with the UK,” Kronos Research chief investment officer Vincent Liu told Cointelegraph.Related: BlackRock Bitcoin ETF clocks 16 days of inflow as BTC reclaims $97KLiu said the rally is also supported by falling bond yields, a weakening dollar and renewed institutional inflows in spot Bitcoin exchange-traded funds, which saw $1.8 billion of inflows in the past trading week.Crypto Fear & Greed Index. Source: Alternative.meDespite bullish momentum and the Crypto Fear & Greed Index consolidating in the “Green” area at its current score of 65, some key US economic data is anticipated to forecast Bitcoin’s moves shortly, according to Liu:“While momentum is strong, upcoming US budget data on May 12 and CPI [Consumer Price Index] on May 13 will be key in determining if BTC can break and hold above this level. For the rally to sustain, the trade deal narrative will need to evolve into concrete progress.”According to Ben Caselin, chief marketing officer at VALR, there is a “good chance” that Bitcoin will chart new highs, north of $110,000, sooner rather than later, as the asset seeks to consolidate its value above $100,000.“Retail is only set to come in toward what is traditionally the latter part of the Bitcoin four-year cycle, which might see a macro top reached in Q4 of this year,” Caselin told Cointelegraph.At the same time, given continued progress in global crypto regulation and multiple strategic Bitcoin reserve initiatives, Caselin also sees a chance of “prolonged and accelerated growth beyond 2025.”Additional reporting by Amin Haqshanas.Magazine: Bitcoin to $1M ‘by 2029,’ CIA tips its hat to Bitcoin: Hodler’s Digest, April 27 – May 3

Published: 15 hours ago

 Ex-Celsius CEO asks to travel for a wedding after sentencing

Ex-Celsius CEO asks to travel for a wedding after sentencing

Former Celsius CEO Alex Mashinsky will probably be allowed to travel for his daughter’s wedding regardless of the outcome of his May 8 sentencing hearing.In a May 8 filing in the US District Court for the Southern District of New York, Judge John Koeltl approved an application for Mashinsky to travel from New York to Memphis, Tennessee, between May 26 and May 29 for his daughter’s wedding. The approval was available on the public docket as of May 8, but appeared to have been removed at the time of publication.Alex Mashinsky’s request to travel for his daughter’s wedding. Source: PACERJudge Koeltl will determine in a May 8 hearing whether Mashinsky serves prison time following a plea deal with prosecutors.The former Celsius CEO appeared ready to go to trial in 2024 until his lawyers lost a motion to have his charges dismissed. In December, He pleaded guilty to commodities fraud and a fraudulent scheme to manipulate the price of the platform’s native token, CEL.Related: Celsius’ Mashinsky lashes out at ‘death-in-prison sentence’Mashinsky has been free on a $40-million bond since July 2023, with travel outside certain areas requiring court approval, such as the roughly 900-mile (1,500-kilometer) distance between New York and Memphis. At the time of publication, it was unclear if he will be expected to surrender to authorities.Potentially facing decades in prisonProsecutors have asked the judge to impose a 20-year sentence on the former Celsius CEO, while Mashinsky’s lawyers requested that he serve one year and one day in prison. The hearing could be a bellwether for how criminal cases involving cryptocurrency could change under the Trump administration, which appointed the interim US Attorney for the court district.On April 17, Mashinsky’s lawyers submitted a letter from his oldest daughter in support of her father ahead of sentencing. The letter claims that Mashinsky does not deserve a “severe punishment,” writing that he “never set out to steal from anyone.” Other members of his family penned similar letters.The same court district oversaw the sentencing of former FTX CEO Sam “SBF” Bankman-Fried, who is currently serving 25 years in prison.Magazine: ‘Less flashy’ Mashinsky set for less jail time than SBF: Inner City Press, X Hall of Flame

Published: 15 hours ago

 User experience could be crypto’s superpower — or its kryptonite

User experience could be crypto’s superpower — or its kryptonite

Opinion by Jonathan Farnell, CEO of FreedxIt’s 2025, and over 560 million people worldwide are already using cryptocurrency — roughly 17 times the population of Tokyo. That’s a vibrant community, yet for every user who’s embraced it, billions more stand on the sidelines, put off by the complicated interactions and clunky interfaces of protocols, platforms, decentralized apps (DApps), and mobile applications. Why? Blockchain technology offers game-changing potential — decentralized ownership, secure trades — but let’s face it: Most people still find it intimidating, risky, and confusing. User experience (UX) might just be the deciding factor in whether cryptocurrency achieves mass adoption or remains a niche segment.Take complexity. A 2024 Chainalysis report pointed out that 43% of would-be crypto users shy away from the technical tangle of private keys and gas fees. Have you ever lost a seed phrase? You’re not alone. More than $200 billion in crypto has been lost forever because of it. That’s not just a statistic — it’s a gut punch for someone who thought they’d unlocked the future of finance. Streamlining this chaos could fling open the doors to 5 billion internet users, pushing crypto’s $2.91 trillion market cap, as reported by Cointelegraph, into the stratosphere — potentially reaching $4 trillion in the second quarter of 2025.From headaches to high fivesMany decentralized finance (DeFi) apps currently feel like a hacker’s playground — all data and API integrations, but nothing intuitive that speaks to an ordinary person. Simply swapping cryptic jargon for plain English would be a solid start. Consider swapping “gas fees” to “transaction costs.” Those 12-word seed phrases send users into panic mode, but a familiar gear icon for settings could put users’ minds at ease. Suddenly, managing a wallet isn’t a high-stakes game anymore. It’s just another tool.This isn’t about dazzling users with blockchain’s inner workings. Most people don’t care about the tech under the hood, just like they don’t ask whether their favorite app runs on AWS or Google Cloud. Blockchain isn’t a shiny new internet. It’s infrastructure — powerful, but invisible, when done right. Users want solutions — quick payments, secure savings, and easy access. Streamlined experiences could draw in everyday folks — retirees sending cash to grandkids, small business owners managing cash flow — expanding cryptocurrency’s reach. It’s about turning a daunting process into something approachable, paving the way for broader economic effect. Build confidence through clarityTrust is another sticking point. Transactions can feel uncertain, with phishing scams and tales of lost savings heightening unease. Vague error messages like “transaction failed” frustrate users, but specific feedback — “insufficient funds, please top up your balance” — offers reassurance. Guides on staying secure and pre-set options to avoid errors can make the system feel reliable, not reckless. When technology fades into the background, confidence takes center stage.Design quality shapes perceptions, too. Unpolished interfaces raise doubts about credibility, especially for those accustomed to refined digital tools. Clean, professional layouts signal trustworthiness, while clear benefits — faster payments and control over data — make the case compelling. This shift could reposition cryptocurrency as a practical alternative, not a gamble. It’s not about buzzwords like “trustlessness” or “censorship resistance.” Most users don’t lose sleep over those ideals. They care about quality, ease, and value, not the blockchain badge.Adoption depends on usabilityCryptocurrency could reshape how people trade, save, and connect — growing from 617 million users to billions. Success hinges on accessibility. Platforms that prioritize straightforward design already see more engagement and trust, driving market potential into the trillions, rivaling traditional finance. Poor usability, though, risks leaving this vision unrealized. The promise of self-custody or transparency won’t lure the masses if the experience feels like a chore.Recent: Stop making crypto complexChallenges like regulation and old habits persist, but confusing experiences remain the most significant barrier, keeping everyday users at arm’s length. Blockchain’s promise is real, yet its breakthrough relies on design that feels human and dependable. People don’t adopt tools because they’re built on cutting-edge tech. They adopt tools because they solve real problems — cheaply, simply, and reliably. Cryptocurrency stands ready to expand — it needs to meet people where they are, not where the tech wants them to be.Focus on benefits, not features, and the market could soar. Consider a freelancer who is paid instantly across borders or a parent gifting digital cash without a hitch. That’s what hooks users — not the mechanics of account abstraction or zero-knowledge proofs. Platforms that nail this could turn crypto into a daily staple, boosting adoption and market value. Exchanges leading the charge with intuitive design already prove it: Usability drives growth. Cryptocurrency’s future isn’t about preaching blockchain’s brilliance — it’s about making it so seamless no one even notices it’s there.Opinion by Jonathan Farnell, CEO of Freedx. This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Published: 15 hours ago

 Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss

Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss

Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that this was a result of large-scale investments. “As reflected in our results, the first quarter was a deliberate and necessary phase of investment,” Genoot said. “We believe the returns on this work will become increasingly visible in the quarters ahead.”Hut 8 operations reached a total energy capacity of 1,020 megawatts as of March 31, enough to power well over 800,000 average homes in the United States. The company also has the right to scale up its operation by another 2,600 MW.Related: Bitcoin mining — Institutions boost investments amid favorable US climateHut 8 is scaling up operationsGenoot said the financial results follow large-scale investments by Hut 8, including upgrading the firm’s application-specific integrated circuit (ASIC) fleet and launching the majority-owned subsidiary of Hut 8, American Bitcoin.American Bitcoin was announced at the end of March, with several members of the US President Donald Trump’s family as partners. According to the announcement, the new venture “aims to become the world’s largest, most efficient pure-play Bitcoin miner while building a robust strategic Bitcoin reserve.”Early April reports also revealed that American Bitcoin has plans to raise additional capital, including through an initial public offering. In today’s quarterly earnings announcement, Genoot stated:“The streamlined capital allocation framework made possible by the American Bitcoin launch reinforces our ability to scale lower-cost-of-capital businesses such as high-performance computing.“Related: Browser-based crypto mining in 2025: Still viable or virtually dead?Future expansion plansTalking about future plans, Hut 8’s CEO noted that the company is pushing ahead with its plans for 2025. Those include the energization of the Vega data center, the initial sitework at the River Bend data center and the development of the firm’s utility-scale power portfolio. Genoot added:“We believe these initiatives will further accelerate our ability to generate resilient near-term cash flows while building toward enduring leadership across next-generation digital infrastructure markets.”Hut 8 stock is trading at $12.66 after seeing a 2.2% increase on the trading day on the Nasdaq. However, it is down by over 38% from $20.49 at the start of the year.Hut8 year-to-date price chart. Source: Google FinanceThe announcement follows Nasdaq-listed Bitcoin (BTC) mining firm Core Scientific posting a net profit of $580 million in its first quarter results, missing analyst revenue estimates after a drop in its mining profits.Magazine: AI may already use more power than Bitcoin — and it threatens Bitcoin mining

Published: 16 hours ago

 Beyond digital gold, Bitcoin’s next chapter is about to be unlocked — Dan Held

Beyond digital gold, Bitcoin’s next chapter is about to be unlocked — Dan Held

Bitcoin (BTC) has long been branded as “digital gold,” a store of value for believers in scarcity, decentralization and self-sovereignty. As institutional interest grows, geopolitics shift, and new layers emerge on Bitcoin’s stack, is it time for the narrative to evolve? In this episode of The Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson speak with longtime Bitcoiner and entrepreneur Dan Held, who argues that Bitcoin’s next chapter may unlock broader functionality, from programmable use cases to more nuanced messaging that reaches far beyond crypto-native circles.Political shiftsWith US President Donald Trump openly backing Bitcoin — and reportedly owning it himself — Held said he sees a regulatory and reputational change. “We have the most open administration toward Bitcoin in the United States,” he said. “It kind of feels weird... Normally in the press, Bitcoin mining is destroying the environment. It’s being used by money launderers… And instead, you've got the president encouraging Bitcoin.”Held traced Bitcoin’s unlikely rise through moments of adversity, from China’s mining crackdowns to the Biden administration’s strict approach to crypto banking. Yet despite those challenges, roughly 25% of Americans now own Bitcoin, he said.DeFi on BitcoinWhat comes next may push the asset into a new phase. Held and Jenkinson are proponents of building decentralized finance (DeFi) tools on top of Bitcoin, functionalities traditionally associated with blockchains like Ethereum or Solana.“If we could bring [DeFi] back to Bitcoin, then Bitcoin could utilize not just spot speculation... but these other speculative games then would allow bitcoin to grow even faster.” That includes borrowing, lending, and staking, all mechanisms that allow users to interact with Bitcoin beyond simple holding or trading.Related: How crypto payments can become the new ‘tap-and-go’ — Pulsar co-founderJenkinson echoed the potential, highlighting a shift in attitude: “If you can use [Bitcoin] and bring DeFi to it, you’re basically allowing people to use digital gold as the underlying asset... It’s a very hard thing to do, because most hardcore Bitcoin maximalists don’t want people to give up their Bitcoin for something else.”That tension between so-called “Bitcoin puritans” and more moderate voices is not new, Held noted. He recounted the 2017 Bitcoin Cash fork, describing it as “a civil war... brother against brother.” But unlike that contentious split, today’s evolution is happening without rewriting Bitcoin’s base rules. “No one’s proposing to change the rules of Bitcoin,” Held said. “This is innovation built on top.”To hear the full conversation on The Clear Crypto Podcast,  listen to the full episode on Cointelegraph’s Podcasts page, Apple Podcasts or Spotify. And don’t forget to check out Cointelegraph’s full lineup of other shows! Magazine: ZK-proofs are bringing smart contracts to Bitcoin — BitcoinOS and Starknet

Published: 17 hours ago

 Coinbase to acquire options trading platform Deribit for $2.9B

Coinbase to acquire options trading platform Deribit for $2.9B

Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms.Coinbase Global will acquire Deribit for about $2.9 billion, the exchange announced on May 8.The acquisition will allow Coinbase to expand into the profitable crypto derivatives market and continue scaling the platform’s global growth, Greg Tusar, Coinbase’s vice president of institutional product, said in the announcement.“With Deribit’s strong presence and professional client base, Coinbase is making its most substantial move yet to accelerate our international growth strategy,” he said.Source: CoinbaseDeribit founders to step awayFollowing the deal’s success, expected later in 2025, Deribit founders John and Marius Jansen will step away from the firm. Their exit would mark the end of the joint venture that began in 2014, Deribit said in a statement on Thursday.Until the deal is closed later this year, pending regulatory approvals, Deribit will continue its business as usual. “Same platform, same team, same commitment to excellence,” the announcement noted.Source: Deribit“We’re excited to join forces with Coinbase to power a new era in global crypto derivatives,” Deribit CEO Luuk Strijers said, adding:“As the leading crypto options platform, we’ve built a strong, profitable business, and this acquisition will accelerate the foundation we laid while providing traders with even more opportunities across spot, futures, perpetuals, and options — all under one trusted brand.”The announcement also mentioned that integrating Deribit’s technology with Coinbase’s products will enable “more efficient onboarding, enhanced fiat rails, and capital efficiency across the entire trading lifecycle.”Deal follows reports of Dubai regulatory stepsThe $2.9 billion deal includes $700 million in cash and 11 million shares of Coinbase Class A common stock, subject to customary purchase price adjustments.“This transaction is subject to regulatory approvals and other customary closing conditions and is expected to close by year-end,” the announcement said.Previous reports in March suggested that Coinbase and Deribit had alerted regulators in Dubai about the potential deal, as Deribit holds a license in Dubai, which would need to be transferred to Coinbase if the deal is successful.Related: Ripple $4B–$5B bid to purchase Circle rejected — ReportThe reports also previously suggested that a deal with Coinbase could value Deribit at between $4 billion and $5 billion.Coinbase’s Deribit acquisition marks a growing trend of large acquisitions in the cryptocurrency market. On May 1, rival exchange Kraken officially announced it was finalizing the acquisition of the derivatives trading platform NinjaTrader to offer futures trading.Kraken previously said it entered into an agreement to acquire NinjaTrader for $1.5 billion, subject to certain purchase price adjustments.Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

Published: 17 hours ago

 Browser-based crypto mining in 2025: Still viable or virtually dead?

Browser-based crypto mining in 2025: Still viable or virtually dead?

Key takeawaysAfter the shutdown of Coinhive in 2019, browser mining has made a comeback with new tools like CryptoTab Browser, Pi Network and YouHolder.Mining with a browser can cost more in electricity than the crypto earned, especially for users with mid-range devices.Despite being less energy-intensive than ASIC farms, browser mining still adds up in terms of cumulative power draw and puts a strain on your device’s hardware.Browser mining is evolving with the help of WebAssembly (Wasm), improving script efficiency and creating a smoother user experience. Browser-based crypto mining sounds like a dream: Just open a webpage, let it run, and your computer starts earning crypto in the background. No bulky ASICs, no GPU farms, no long setup tutorials — just your browser doing the heavy lifting.The idea blew up in the late 2010s with tools like Coinhive, which let website owners mine Monero (XMR) using JavaScript. At first, it seemed like a clever alternative to ads; visitors donated a bit of unused CPU power, and websites earned crypto. But then came cryptojacking. Sites began running these scripts without user permission, draining resources and slowing down devices. In 2019, Coinhive shut down, citing shrinking returns and mounting scrutiny.Now, in 2025, browser crypto mining is making a low-key comeback. New tools, new rules and a fresh generation of crypto users are reviving the concept. But is it worth it or just a relic of crypto’s scrappier past?Let’s break down where things stand today.Did you know? In 2018, Coinhive was responsible for approximately 1.18% of all Monero blocks mined.What’s the status of browser-based crypto mining in 2025?Active platformsThe biggest name in browser crypto mining today is CryptoTab Browser. It’s a Chromium-based browser with a built-in mining feature that lets users passively earn Bitcoin (BTC). It also offers tools like Cloud Boost to multiply earnings and a mining pool for better efficiency.Meanwhile, mobile-first platforms like Pi Network and YouHolder cater to users who want to mine via smartphones — or at least simulate the process while collecting rewards. These platforms blur the line between real mining and gamified engagement, but they’ve drawn millions of users, especially in emerging markets.Supported coinsMonero is still popular for browser mining; its RandomX algorithm is CPU-optimized and ASIC-resistant, which means regular computers can handle it. CryptoTab, meanwhile, focuses on Bitcoin, though it uses a form of pooled hash power to make it viable through a browser interface, though its efficiency and profitability are often debated due to Bitcoin’s high mining difficulty and reliance on specialized hardware.Who is mining crypto via browsers?The browser mining audience today is surprisingly broad:Casual users: People who like the idea of passive income without much commitment.Newcomers to crypto: Those testing the waters without risking capital.Crypto-curious users: Folks who want to earn something on the side while they browse.Browser mining won’t make you rich — let’s be clear. But it does lower the barrier to entry, especially for users in lower-income regions or without access to advanced hardware.Did you know? Some browser-based mining scripts have been designed to continue operating even after a user closes the browser tab by opening hidden windows that persist in the background.Is browser mining profitable in 2025?Short answer: not really. It’s more about novelty or experimentation than making serious money.Mining in a browser might get you a few cents’ worth of crypto per day, but only if you leave your computer running non-stop. And that leads to two problems: electricity costs and hardware stress. Over time, those costs can far outweigh the value of the crypto you earn.For example, in the US, the average residential electricity rate is about $0.15 per kilowatt-hour. Leaving a mid-range laptop mining all day could consume roughly 0.1–0.2 kWh per hour — that’s over $10 per month in electricity for maybe a dollar or two in mined crypto. And you’re putting constant load on your CPU.Compared to other methodsBrowser mining can’t hold a candle to GPU or ASIC setups. A modern ASIC miner like the Antminer S19 Pro churns out up to 110 terahashes per second (TH/s) — that’s several orders of magnitude higher than what a browser script can deliver.Cloud mining, on the other hand, lets users rent mining power from remote farms. It’s more efficient and hands-off but also comes with subscription fees and mixed reputations. At least with browser mining, you’re only risking your own device and electricity bill.Did you know? In 2025, some cloud mining platforms have integrated artificial intelligence to optimize mining operations, enhancing efficiency and profitability for users without requiring direct hardware management.Environmental footprintWhile it consumes less power than an ASIC farm, browser mining still adds up. Thousands of users mining inefficiently on personal devices generate a surprisingly high cumulative power draw.That’s why most efforts to make crypto mining greener — like using renewable energy or optimizing ASIC efficiency — haven’t trickled down to the browser level. If you’re eco-conscious, browser mining isn’t the cleanest option out there.What’s next for browser crypto mining?Tech upgradesWebAssembly (Wasm) has boosted what browsers can do, including mining. It allows faster, more efficient script execution, meaning browsers can now run lightweight mining scripts without wrecking user experience.Platforms like CryptoTab have also improved their UX, integrating features like built-in VPNs and ad blockers. This is an effort to make mining feel more like a bonus and less like a burden.Some decentralized finance (DeFi) projects, such as Ore, are even experimenting with combining browser mining and decentralized finance. It’s the early days, but the potential is there to let users contribute computing power and earn rewards while interacting with decentralized applicatioins (DApps) — all within a browser tab.Market and regulationIn 2025, global crypto adoption has been growing, but so is regulatory scrutiny. In the US, the SEC is pushing for clearer guidance, which may eventually affect how browser-based mining tools are classified or taxed.Elsewhere, countries like Kuwait have cracked down on mining altogether, citing energy shortages. Local regulations will play a huge role in determining where and how browser crypto mining can survive.Alternative use casesMining isn’t the only game in town. Brave browser, for example, lets users earn Basic Attention Tokens (BAT) just by viewing ads, which can be used within the Brave ecosystem or exchanged. It’s not mining, technically, but it’s another way to earn crypto passively through browsing.In the DeFi world, there’s potential to connect browser mining with yield farming or liquidity mining. Imagine earning a trickle of tokens just by keeping your browser open and interacting with onchain applications. It’s early, but real experiments are underway.Here’s an example of how you can use BAT earned from viewing ads and channel them into DeFi for additional returns:You transfer your earned BAT to a decentralized exchange (DEX) like Uniswap, a leading DeFi platform for liquidity mining.On Uniswap, you pair your BAT with another token — e.g., Ether (ETH) or a stablecoin like Tether’s USDt (USDT) — to provide liquidity to a BAT/ETH or BAT/USDT pool. This involves depositing equal values of both tokens into the pool, receiving LP (liquidity provider) tokens in return.You stake these LP tokens in Uniswap’s liquidity mining program (or a similar protocol like SushiSwap) to earn rewards, which may include a share of trading fees (typically 0.3% per trade) and potentially additional UNI (UNI) or other governance tokens as incentives.To maximize returns, you could take your LP tokens and stake them on another DeFi platform, like Yearn.finance, which algorithmically seeks the highest yield opportunities across protocols. For example, Yearn.finance might stake your Uniswap LP tokens in a pool offering 10%-20% APY, compounding your returns.Alternatively, you could use a yield aggregator like Yield Yak on Solana, which auto-compounds rewards to boost earnings.However, be aware that in liquidity mining, price fluctuations between paired tokens (e.g., BAT/ETH) can lead to losses compared to holding the tokens outright. Also, the value of earned tokens (BAT, UNI, etc.) and DeFi rewards can fluctuate (market volatility), impacting overall returns.Is browser-based crypto mining worth it?So, is browser mining dead in 2025? Not quite, but it’s no gold rush either.It’s a fringe activity, appealing to newcomers, tinkerers and anyone curious about crypto’s more obscure corners. With better tech and clearer ethics than in the Coinhive days, it’s no longer a threat — just a slow, modest way to dip your toes in.If your goal is to understand crypto without buying in, browser mining still has a role to play.

Published: 17 hours ago

 Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years

Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years

Update: the CTO of TradingView told Cointelegraph in comments that the reports of a bug were inaccurate, and the Twitter user partially withdrew his earlier claims that the tool was broken. Popular chart analysis service TradingView reportedly contains a bug in the Fibonacci retracement technical analysis tool, according to a tweet by self-proclaimed certified Elliott wave analyst Cryptoteddybear published on June 13. The Elliott wave principle is a type of technical analysis for predicting prices in financial markets by looking at recurring patterns. In a video that he uploaded to YouTube, the analyst explains that the tool does linear calculations when in logarithmic charts, which he notes is a significant issue for Elliot wave traders. The official Twitter account of the company behind the charting service answered his tweet, announcing that the issue is being investigated, to which Cryptoteddybear answered: “Thank you @tradingview for finally taking this issue seriously.” The first reports of the bug, posted over five years ago (in November 2014) on consumer community platform getsatisfaction, have been reportedly ignored by the company. Another report submitted on the same platform, dated June 3, 2017, has seen the official TradingView account answer in the thread: “Hi, you are right, we have a planned task to fix this. Thanks for bringing this to our attention.” However, the problem apparently has not yet been solved. Cryptoteddybear claims that a company representative told him that he asked the technicians to increase the priority given to solving the bug. As Cointelegraph recently reported, TradingView is one of the platforms that added the “CIX100” index — an AI-powered index for the 100 strongest-performing cryptocurrencies and tokens. At the beginning of the current month, cryptocurrency analytics company Coin Metrics announced that it has acquired digital asset index firm Bletchley Indexes and plans to launch crypto smart beta indexes. As of press time, TradingView has not responded to a request for comment.

Published: 6 years ago

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Skechers to be acquired by 3G Capital in take-private deal, shares soar 24%

Footwear giant Skechers will be acquired by 3G Capital for $63 per share, a 30% premium to its current valuation on the public markets.

Published: 3 days ago

Hollywood studio stocks briefly fall after Trump proposes foreign film tariff

Shares of Netflix, Disney, WBD, Paramount and Comcast fell after President Donald Trump proposed a tariff on films shot outside the U.S.

Published: 3 days ago

Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand

Here's how the brand is trying to get its portfolio back into shape and boost its status in the competitive luxury vehicle market.

Published: 3 days ago

MLS sponsorships spike as U.S. soccer gains popularity

The addition of soccer superstar Lionel Messi has helped boost the league, and the upcoming 2026 World Cup is expected to give a lift to fandom in the U.S.

Published: 4 days ago

MLS signs a deal with EA to stream four soccer matches on mobile gaming platform

MLS games will be offered on EA's mobile platform in the coming months, as the U.S.' top soccer league looks to expand its audience.

Published: 4 days ago

Sports news

Timberwolves capitalize on Steph Curry's absence to tie second-round series

The Timberwolves took advantage of Warriors star Stephen Curry’s absence to win Game 2, 117-93, and tie the series 1-1.

Published: 2 hours ago

Will Power takes Will Buxton around the IMS Road Course ahead of Sonsio Grand Prix | INDYCAR On FOX

Will Power takes Will Buxton around the IMS Road Course ahead of the 2025 Sonsio Grand Prix to discuss his experience at the track, and how to beat Álex Palou.

Published: 2 hours ago

Phillies vs. Rays Highlights | MLB on FOX

Check out the best moments from the Philadelphia Phillies vs. Tampa Bay Rays on May 8th, 2025.

Published: 3 hours ago

Reds vs. Braves Highlights | MLB on FOX

Check out the best moments from the Cincinnati Reds vs. Atlanta Braves on May 8th, 2025.

Published: 3 hours ago

Anthony Edwards returns to Game 2 after spraining his left ankle

Anthony Edwards exited Game 2 of the Timberwolves-Warriors series after hurting his ankle but returned to start the third quarter.

Published: 4 hours ago

Tigers vs. Rockies Game 2 Highlights | MLB on FOX

Check out the best highlights between the Detroit Tigers and the Colorado Rockies.

Published: 4 hours ago

Donovan Mitchell won’t let Cavs go quietly after 'one of the best seasons of my life'

After a historic season with the Cavaliers, Donovan Mitchell now must continue sacrificing to keep Cleveland's season alive.

Published: 5 hours ago

White Sox vs. Royals Highlights | MLB on FOX

Check out the highlights as the Chicago White Sox took on the Kansas City Royals in this regular season matchup.

Published: 5 hours ago

Tigers vs. Rockies Game 1 Highlights | MLB on FOX

Check out the highlights of this regular season matchup between the Detroit Tigers and Colorado Rockies.

Published: 6 hours ago

Orioles vs. Twins Highlights | MLB on FOX

Check out the highlights as the Baltimore Orioles took on the Minnesota Twins in this regular season matchup.

Published: 6 hours ago

Why changing managers won't fix the Pirates' bigger problems

The Pirates' move to let Derek Shelton go was understandable, but it can't fix an owner unwilling to spend or a front office unable to build an adequate offense under constraints.

Published: 6 hours ago

How can Celtics comeback against Knicks? Less 3-pointers, Paul Pierce says

Paul Pierce still believes that the Celtics will take down the Knicks in their second-round series, but only if they change their 3-point approach and get tougher.

Published: 6 hours ago

Paul Pierce walks 8 hours to work after losing a bet in Game 2 of Celtics-Knicks | Speak

Paul Pierce arrives in a wheelchair after walking eight hours to work after the Boston Celtics came up short in Game 2.

Published: 6 hours ago

Shohei Ohtani could have signed 15-year deal with Dodgers, agent says

Shohei Ohtani could have pursued a 15-year contract, but his agent says he didn't want to risk a decline in his skills while under the deal.

Published: 7 hours ago

George Pickens says he wants to “prove himself” before earning a new deal with the Dallas Cowboys | Speak

Keyshawn Johnson reacts to George Pickens saying he wants to “prove himself” before earning a new deal with the Dallas Cowboys. Keyshawn breaks down what this mentality means for Pickens’ future in Dallas and why it could be the wrong approach heading into a contract year.

Published: 7 hours ago

Cubs or White Sox fan? Sports world embraces Chicago-born Pope Leo XIV

Robert Francis Prevost became the first American-born pope on Thursday. His brother insists that he's a White Sox fan, while Pope Leo XIV has shown his allegiance to Villanova.

Published: 7 hours ago

Nick Wright reveals his top 8 WR duos with Ja’Marr Chase and Tee Higgins taking the number 1 spot | First Things First

Nick Wright reveals his top 8 WR duos in the NFL, with Ja’Marr Chase and Tee Higgins claiming the number 1 spot.

Published: 7 hours ago

KG, Keyshawn and a dinosaur: Best moments from Paul Pierce's 8-hour walk to work

Paul Pierce stayed true to his word and started the eight-hour walk to work, in his bathrobe, after the Knicks defeated the Celtics in Game 2.

Published: 7 hours ago

Los Angeles Coliseum, SoFi Stadium to host ceremonies for 2028 Olympics

It’ll be a mix of old and new for the opening and closing ceremonies of the 2028 Los Angeles Olympics and Paralympic Games.

Published: 7 hours ago

2025 NBA playoff odds: Tatum, SGA remain favored to win conference finals MVPs

Will Jayson Tatum take home the ECF MVP award this year? Is it SGA's year to win the honor in the West? Check out the odds.

Published: 8 hours ago

Which quarterbacks have the most playoff wins in NFL history?

Tom Brady's GOAT status is confirmed by the gap in playoff victories between himself and others who have enjoyed postseason success.

Published: 8 hours ago

Despite 0-2 hole for Celtics, 'this would be the time to buy Boston stock'

The Celtics are down two games to the Knicks, but Sammy P is buying the dip and backing Boston to win this series and the NBA title. Here's why.

Published: 8 hours ago

Under Duress: Is Jayson Tatum, Buddy Hield, or Anthony Edwards under more pressure? | First Things First

The NBA Playoffs have entered the Semifinals, and Chris Broussard lists his players that are under duress right now, including Anthony Edwards, Buddy Hield, and Jayson Tatum.

Published: 8 hours ago

Five things to watch for in Week 7 of the 2025 UFL season

Explosive return man Chris Rowland has evolved into a go-to receiver for Defenders QB Jordan Ta'amu. Here are five things to watch for in Week 7.

Published: 9 hours ago

Ric Bucher on Knicks' 2-0 lead vs Celtics & if Warriors are in trouble | FULL INTERVIEW | The Herd

Ric Bucher joins Colin to break down the New York Knicks' 2-0 lead over the Boston Celtics, Jayson Tatum's struggles, and whether the Golden State Warriors are in trouble without Stephen Curry. He also discusses if Luka Dončić and LeBron James can win with the Los Angeles Lakers and whether Giannis Antetokounmpo will leave the Milwaukee Bucks this summer.

Published: 9 hours ago

NFL schedule wish list: Eagles-Chiefs on Christmas among ideal NFL matchups

With the NFL's schedule release nearing, here's what we'd like to see the league do with 12 of its tentpole games in the 2025 season.

Published: 9 hours ago

UFL 2025: Best hot mic moments from Week 6

We're now six weeks through the 2025 UFL season. Here are the best hot mic moments from Week 6 of the season!

Published: 9 hours ago

Is Jayson Tatum to blame for the Celtics going down 2-0 to the Knicks? | First Things First

The New York Knicks have come back from down 20 points in back-to-back games to go up 2-0 on the Boston Celtics. Jayson Tatum only scored 13 points on the night, and came up short in the final seconds of the game. Nick Wright, Chris Broussard, and Kevin Wildes ask if Tatum is to blame for the loss.

Published: 10 hours ago

MLB roundtable: Is the Cubs' hot start too good to be true?

FOX Sports' MLB reporters Rowan Kavner and Deesha Thosar take a look at which teams' hot starts are for real, and which ones are just too good to be true.

Published: 10 hours ago

Stephen Curry says patience needed with 'hard to predict' hamstring injury

Stephen Curry shared how he's feeling and the plan for rejoining the Warriors, following a hamstring injury that will keep him from playing in Game 2, and beyond, against the Minnesota Timberwolves.

Published: 10 hours ago

Stock news

Stocks Finish Moderately Higher on US-UK Trade Deal and Hope for Weekend China Talks

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.98%. June E-mini S&P futures (ESM25 ) are up +0.61%, and June E-mini Nasdaq futures...

Published: 1 hour ago

Soybeans Pop Higher on Thursday

Soybeans saw 3 to 6 cent gains across most contracts on Thursday, fighting off midday pressure. The cmdtyView Cash Bean price was up 6 1/2 cents to $9.94 1/2. Soymeal futures were down 20 to 90 cents/ton, with Soy Oil futures back up 74 to 112 points. A private export...

Published: 1 hour ago

Hogs Fall Back as Cash Strength Holds

Lean hog futures closed with contracts down 15 to 50 cents in the nearbys and July up 75 points. USDA’s national average base hog negotiated price was reported at $94.02 on Thursday afternoon, up $1. The CME Lean Hog Index was another 3 cents higher on May 6, at $90.16....

Published: 1 hour ago

Cattle Rally Back on Thursday, with Feeders Breaking the $300 Level

Live cattle futures were back up $1.30 to $1.75 on Thursday. Cash action started off with sales of $218-220 in the South, with northern action at $225-228 kicking up on Thursday. Feeder cattle futures led the charge, with a few contracts closing over the $300 level and up $2.65 to...

Published: 1 hour ago

Corn Pulls Off Lows at Thursday’s Close

The corn market pulled off the session lows into the Thursday close, with contracts down 1 to 2 cents at the close. The nearby CmdtyView national average Cash Corn price was down 1 3/4 cents at $4.18 3/4. USDA reported private export sales of 205,000 MT to Mexico this morning...

Published: 1 hour ago

Sugar Prices Climb on Strength in Crude Oil

July NY world sugar #11 (SBN25 ) Thursday closed up +0.37 (+2.16%), and August London ICE white sugar #5 (SWQ25 ) closed up +9.50 (+1.96%). Sugar prices Thursday settled moderately higher as a +3% rally in WTI crude oil (CLM25 ) sparked short covering in sugar futures. Higher crude prices...

Published: 1 hour ago

Coffee Prices Underpinned by Brazil Crop Concerns

July arabica coffee (KCN25 ) Thursday closed up +3.25 (+0.85%), and July ICE robusta coffee (RMN25 ) closed up +26 (+0.50%). Coffee prices settled moderately higher on Thursday and are consolidating below last week's highs. Last Tuesday, arabica coffee rose to a 2-1/2 month high, and robusta posted a 5-week...

Published: 1 hour ago

Hogs Holding Mixed at Midday

Lean hog futures are mixed at midday, with contracts down 15 to 35 cents lower, with July up 50 cents. USDA’s national average base hog negotiated price was reported at $94.654 on Thursday morning, up $2.23. The CME Lean Hog Index was another 3 cents higher on May 6, at...

Published: 1 hour ago

Cattle Rally Back as Cash Strength Continues

Live cattle futures are back up $1.50 to $2.02 so far on Thursday. Cash action started off with sales of $218-220 in the South, with northern action at $225-228 kicking up on Thursday. Feeder cattle futures are posting $2.80 to $3.15 gains so far. The CME Feeder Cattle Index was...

Published: 1 hour ago

Corn Failing to Buy Bullish Export Business

The corn market is facing a weaker Thursday trade, even as a multi month high in export business was reported this morning. Contracts are down 3 to 5 cents at midday. There were 18 deliveries issued against May futures overnight. The nearby CmdtyView national average Cash Corn price was down...

Published: 1 hour ago

Cotton Faces Pressure on Thursday

Cotton futures closed Thursday with 49 to 69 point losses. Crude oil prices were back up $2.33/barrel. The US dollar index was up $1.05 to $100.485. USDA’s Export Sales report showed a total of 65,764 RB of 2024/25 cotton sold in the week ending on May 1, with 37,376 RB...

Published: 2 hours ago

Nat-Gas Prices Fall as Weekly Inventories Rise More Than Expected

June Nymex natural gas (NGM25 ) on Thursday closed down by -0.029 (-0.80%). June nat-gas prices on Thursday gave up an early advance and posted moderate losses after weekly nat-gas inventories rose more than expected. The EIA reported Thursday that nat-gas inventories for the week ended May 2 rose +104...

Published: 2 hours ago

Cotton Falling Lower on Thursday

Cotton futures are trading with 65 to 96 point losses so far on Thursday’s midday. Crude oil prices are back up $1.88/barrels. The US dollar index is up $0.975 to $100.410. USDA’s Export Sales report showed a total of 65,764 RB of 2024/25 cotton sold in the week ending on...

Published: 2 hours ago

New Analyst Forecast: $EVGO Given 'Overweight' Rating

We just received data on a new analyst forecast for $EVGO. J.P. Morgan gave a rating of 'Overweight' for $EVGO.

Published: 4 hours ago

Cocoa Prices Slip as the Dollar Rallies

July ICE NY cocoa (CCN25 ) Thursday closed down -130 (-1.41%), and July ICE London cocoa #7 (CAN25 ) closed down -128 (-1.91%). Cocoa prices Thursday gave up an early advance and posted moderate losses after the dollar index (DXY00 ) rallied to a 3-1/2 week high, prompting some long...

Published: 4 hours ago

Stock news

Timberwolves capitalize on Steph Curry's absence to tie second-round series

The Timberwolves took advantage of Warriors star Stephen Curry’s absence to win Game 2, 117-93, and tie the series 1-1.

Published: 2 hours ago

Will Power takes Will Buxton around the IMS Road Course ahead of Sonsio Grand Prix | INDYCAR On FOX

Will Power takes Will Buxton around the IMS Road Course ahead of the 2025 Sonsio Grand Prix to discuss his experience at the track, and how to beat Álex Palou.

Published: 2 hours ago

Phillies vs. Rays Highlights | MLB on FOX

Check out the best moments from the Philadelphia Phillies vs. Tampa Bay Rays on May 8th, 2025.

Published: 3 hours ago

Reds vs. Braves Highlights | MLB on FOX

Check out the best moments from the Cincinnati Reds vs. Atlanta Braves on May 8th, 2025.

Published: 3 hours ago