Crypto News
Bitcoin Rises as Fed Holds Rates Steady
The central bank’s decision came as trade tensions between China and the U.S. appeared to de-escalate.Source link
Vivek’s Strive Is Building Bitcoin War Chest With Nasdaq-Listed Arsenal
Strive has sealed a definitive Nasdaq-listed merger with Asset Entities to launch the first public bitcoin treasury manager, advancing a bold new chapter in crypto finance. Strive Seals Merger With Asset Entities to Form First Public Bitcoin Treasury Asset Manager Strive Asset Management, a subsidiary of Strive Enterprises Inc., announced on May 7 a definitiveSource link
Democratic Senator Investigates Trump’s ‘Chilling’ Crypto Ventures
Opposition lawmakers continue to criticize the president’s crypto ambitions.Source link
Etherscan Unveils EIP-7702 Tracking as Ethereum’s Pectra Upgrade Goes Live
Etherscan has launched monitoring tools for EIP-7702 authorizations following Ethereum’s Pectra upgrade, which introduced 11 improvement proposals to bolster scalability, security, and user experience. Ethereum Users Gain Smart Contract Flexibility With EIP-7702 Post-Pectra Ethereum’s Pectra upgrade, combining the Prague and Electra updates, went live on May 7, 2025, activating 11 Ethereum Improvement Proposals (EIPs), includingSource link
Coinbase Earnings Pain Likely as Retail Activity Slumps, Wall Street Analysts Warn
Coinbase (COIN) is heading into its first-quarter earnings report on shaky ground, with four Wall Street analysts expecting a miss as the retail trading lull is likely to pressure the crypto exchange’s most profitable business lines.The company is scheduled to report first-quarter results on Thursday post-market. The analysts are projecting earnings per share (EPS) falling to $1.93 from $2.26 in the fourth quarter and revenue dropping to $2.1 billion from $2.27 billion, according to FactSet data.In the year-earlier first quarter, it reported EPS of $4.40 and revenue of $1.2 billion. Trading volume is expected to land around the $403.8 billion mark vs. $439 billion in the fourth quarter.J.P. Morgan cut its EPS estimate to $1.59, citing a 10% drop in...