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Crypto News
Abraxas Capital Buys $500M ETH Amid Price Rally Ethereum Shares Surpass Alibaba at $306.68B
Summary
Ethereum's Market Cap Exceeds Tech Giant: Ethereum's market capitalization surged to approximately Ethereum's market cap hit $306.68 billion, surpassing major companies like…
SOL Price Avoids Bearish Sentiment as SEC Delays Grayscale Solana Trust Decision
Summary
SEC Defers Solana Trust Decision: The U.S. Securities and Exchange Commission has delayed its ruling on Grayscale's proposed Solana Trust, opting to institute further…
Cardano Whales Buy as ADA Tops Grayscale’s Digital Large Cap Fund
Summary
Significant Whale Activity Boosts ADA: Cardano has seen a surge in on-chain activity with "whales" acquiring 40 million ADA (worth $31.6 million), a key factor in its recent…
Synthetix Offers $27 Million Token Exchange for Options Protocol Derive
Summary
Proposed Acquisition & Valuation: Synthetix contributors have put forward a proposal (SIP-415) to acquire the decentralized options protocol Derive (formerly Lyra) for…
Pump.fun DEX PumpSwap Shares Token Creator Revenue
Summary
PumpSwap, the DEX associated with the Solana memecoin launchpad Pump.Fun, has implemented a revenue-sharing program, allocating 50% of its protocol revenue (0.05% of each…
S&P 500 Adds Coinbase, Shares up 8%
Summary
Coinbase is set to join the S&P 500 on May 19th, replacing Discover Financial Services, a move that spurred an 8% share price increase and marks a significant milestone…
Pectra Upgrade Boosts Ethereum’s Market Valuation Above Coca-Cola and Alibaba
Summary
Following its Pectra upgrade, Ethereum's market capitalization surged to over $308 billion, surpassing corporate giants like Coca-Cola and Alibaba to become the world's…
ETH Price Rises Sharply vs. SOL, XRP $10K ‘Can’t Be Ruled Out’
Summary
Ethereum's recent 44% surge past $2,600 fuels speculation of a $10,000 price target, supported by bullish chart fractals, RSI recovery, and its outperformance against rivals…
Ethereum’s Chart Formation Could Signal Major Price Ascent Analyst Suggests
Summary
Ethereum has shown strong recent performance, nearing a 38% seven-day return (its highest since Dec 2020) and surpassing its average holder acquisition cost, with significant…
Crypto Impact of U.S.-China Tariff Cut for 90 Days
Summary
The United States and China have agreed to a 90-day reciprocal reduction in import tariffs, with the U.S. lowering tariffs on Chinese goods from 145% to 30%, and China cutting…