Crypto News
Crypto legislation worries, gold starts rallying again, CFTC to trial tokenisation
Crypto legislation worries, Gold starts rallying again, CFTC to trial tokenisation - FOMO HOUR EP351BTC: 93.7k (-1%), ETH: 1765 (-3%), SOL: 142 (-3%). Top Gainers: XDC, XMR, DEXE, TAO, NEXO. BTC ETFs: +$426mn, ETH ETFs: $0mn. Crypto dips on worries about US legislation passing. Florida’s BTC reserve bills postponed. Semler Scientific buys $16m BTC. Riot Platforms sold $39m BTC in April. BTC coinbase premium dropping again. DeFi Development buys $72m SOL. SOL April revenue is more than all L1, L2 chains. SUI stablecoin supply $900m, sets new ATH. SEC delays Canary LTC ETF. CFTC to observe pilot tokenisation programs. Trump set for 2 crypto focused dinners in May. ETH Pectra upgrade live tomorrow. TVL of tokenised RWAs surpasses $22bn. FTX...
Ethereum Rolls Out Pectra, Its ‘Most Ambitious Upgrade Yet’
The Pectra upgrade enables new wallet smart contract features, enhanced validator economics, and improved scalability on Ethereum.Source link
KULR Acquires Additional 42 Bitcoin for $4 Million, Reports 197.5% Year-to-Date Yield
KULR Technology Group, Inc. (NYSE: KULR), a Houston-based energy management firm, has announced the acquisition of 42 bitcoin ( BTC) for approximately $4 million, at an average price of about $94,403 per bitcoin. The company reported a year-to-date bitcoin yield of 197.5%. As of May 6, 2025, KULR holds a total of 716.2 BTC, whichSource link
BlackRock’s Spot Bitcoin ETF Tops World’s Largest Gold Fund in Inflows This Year
The price of gold has surged almost 29% this year, solidly beating the 3.8% gain in bitcoin (BTC). Even so, that's failed to deter investors eager to add the largest cryptocurrency to their portfolios.BlackRock's spot bitcoin ETF (IBIT) has attracted a net $6.96 billion in inflows since the start of the year, the sixth-largest amount of all exchange-traded funds, according to data from Bloomberg's senior ETF analyst, Eric Balchunas. SPDR Gold Trust (GLD), the world's largest physically backed gold ETF, slipped to the number seven position Monday with net inflows of $6.5 billion.IBIT's outperformance indicates institutions' persistent confidence in bitcoin's long-term prospects despite the relatively dour price performance. Gold has climbed $3,384, largely due to wrangles over international trade,...
Tether Completes Chainalysis Integration on New RWA Platform
The stablecoin giant launched its real-world asset (RWA) tokenization platform dubbed “Hadron” at the end of 2024. Chainalysis Integration Goes Live on Tether’s Real-World Asset Platform Stablecoin issuer Tether, debuted Hadron, its real-world asset (RWA) tokenization platform last November and announced on Tuesday that it had fully integrated compliance and monitoring tools from blockchain dataSource link