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The SEC’s approval of Ethereum ETF options trading marks a pivotal step for the cryptocurrency, enhancing liquidity and institutional participation. While Ethereum faces challenges like market cap size and competition with Bitcoin, this move signals significant potential for future growth.
The RFC token’s price plunged 40% due to coordinated whale sell-offs, yet analysts remain hopeful for a recovery. Despite the volatility, meme-driven interest continues to fuel optimism for the token's future.
Explore SHIB’s burn-driven rally, HBAR’s recent price jump, and why BlockDAG stands out with real utility, $214.5Shiba Inu (SHIB) Price Surge: 70% Rally on the Horizon?Hedera (HBAR) Price JumpBlockDAG Hackathon Turns Ideas Into Ecosystem Features With BDAG RewardsUtility in Action
- 16:34Backpack Exchange Upgrades SOL Asset Lending Service, Offering Up to 12.24% APY on SOL LoansAccording to official news, Backpack Exchange has announced an upgrade to its SOL asset lending service. Users can now lend SOL tokens to earn an annualized yield of up to 12.24%, integrating lending, staking, and perpetual contract collateral functions. This yield is not reliant on subsidies but is composed of real staking and lending returns. Users only need to deposit SOL and enable the Auto-lend feature to participate, with no additional actions required.
- 16:24Spot gold falls below $3,320 per ounce, down 1.34% intradaySpot gold fell below $3,320 per ounce, down 1.34% intraday. New York gold futures plummeted 2.00% intraday, currently quoted at $3,323.90 per ounce.
- 16:19Analysis: Easing Global Trade Tensions Propel Bitcoin Past $100,000May 8 news, according to Jinshi reports, after Trump announced a trade agreement with the UK, it is expected that trade tensions will ease, which pushed Bitcoin to break through the $100,000 mark for the first time since February this year. On Thursday, the largest digital asset rose by 3.4%, and most other major tokens also increased, with Ethereum surging by 12%. On January 20, the day Trump was inaugurated, Bitcoin's price rose to a record level of around $109,000. Trump stated that the full details of the agreement will still be negotiated in the coming weeks. However, under the agreement, the UK will expedite the customs process for American goods and reduce barriers to agricultural, chemical, energy, and industrial exports. This is the first agreement since Trump imposed high tariffs on dozens of American trade partners.