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XRP price poised to surge as ETF approval odds hit 85% – is a breakout to new all-time highs just around the corner?
Quick Take Katie Hobbs, the Democratic Governor of Arizona, blocked a bill that would have allowed public funds in the state to invest up to 10% of their capital in virtual currencies. Several other states are weighing similar bitcoin reserve legislation, though none have yet been signed into law.
Quick Take AdTech firm Thumzup, which began accumulating bitcoin at the start of the year as a treasury asset, is offering up to $200 million to investors to buy more bitcoin. The Strategy-inspired play has recently been copied by a variety of other companies, seeking to hold several different assets. The publicly-listed company trades on Nasdaq at a market capitalization of around $48.5 million.
Quick Take Following a legal defeat in its court case against Epic Games, Apple has loosened rules around in-app purchases for users in the U.S. App developers now may direct customers to make purchases using external sites not subject to Apple’s 30% fee on in-app purchases. Apple said it will appeal the ruling, which could open the door to a new wave of NFT and crypto apps.
$TRUMP forms symmetrical triangle with support at $12.10 and resistance at $13.40. RSI remains below 45; MACD shows minimal momentum, indicating consolidation. Break above $14.22 targets $15.48; drop below $12.10 risks fall to $11.00–$11.20 zone.
Pi Network (PI) struggles to maintain momentum as bearish indicators dominate the chart. Price action stays below the cloud, with key support in focus.
Bitcoin is nearing $100K, but unlike previous euphoric rallies, the current rise is more deliberate, driven by institutional buying and lower volatility. This shift suggests a longer-term trend toward Bitcoin becoming a key asset in the financial system.
Despite rumors of a $20 billion buyout offer from Ripple for Circle, there’s no evidence to support the claim, and the market response has apparently been minimal.
In Brief Worldcoin introduces eye-scanning ID verification in six large U.S. cities. Regulatory and market dynamics impact the technology's adoption and interest. Partnerships suggest further integration of Worldcoin’s solution in diverse sectors.
- 16:33Data: Tether Issues Additional 1 Billion USDT on Tron NetworkAccording to Onchain Lens monitoring, Tether has issued an additional 1 billion USDT on the Tron network. It is reported that since 2025, Tether has cumulatively issued 14 billion USDT on the Tron network.
- 16:31Citigroup: The Economy Began Slowing Before Tariffs Were IntroducedAccording to Jinshi reports, Kate Moore, Chief Investment Officer of Citigroup's wealth management division, stated that the company cannot immediately adapt to policy changes, and the economy had already begun to slow down before the tariffs were introduced.
- 15:48In the past 24 hours, $233 million in contracts were liquidated across the network, primarily short positionsMay 7th news, according to Coinglass data, in the past 24 hours, the cryptocurrency market saw a total liquidation of $233 million in contracts across the network, with long positions liquidated at $76.3271 million and short positions at $157 million. The total liquidation amount for BTC was $89.1654 million, and for ETH, it was $38.9569 million.