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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Long-term BTC holders are back in accumulation mode
Long-term BTC holders are back in accumulation mode

Share link:In this post: The period of capitulation and spot selling has ended, and almost all wallet cohorts either hold or accumulate. 87.6% of the BTC supply is in profit, as the coin consolidates around $97,000. Short term buyers are in the money, feeling less pressure for wallets aged less than one month.

Cryptopolitan·2025/05/02 22:11
US stocks surge as jobs data eases recession fears, S&P 500 eyes 20-year win streak
US stocks surge as jobs data eases recession fears, S&P 500 eyes 20-year win streak

Share link:In this post: The S&P 500 jumped 1.5% on Friday, heading for its longest winning streak since 2004. April payrolls beat expectations with 177,000 jobs added, easing recession fears. Apple dropped 3% after missing revenue targets, while Amazon rose slightly.

Cryptopolitan·2025/05/02 22:11
Flash
  • 07:37
    Vitalik Proposes Simplifying Ethereum L1, Aiming for Bitcoin-like Protocol Simplicity in Five Years
    ChainCatcher reports that Ethereum co-founder Vitalik Buterin published a blog post stating that Ethereum's goal is to become the "world's ledger": a platform for storing civilizational assets and records, serving as the foundational layer for finance, governance, and high-value data authentication. This requires two things: scalability and resilience. The aim of this post is to focus on a crucial yet often underestimated aspect of resilience (which ultimately also relates to scalability): the simplicity of the protocol. One of the best aspects of Bitcoin is its extremely simple and elegant protocol design. Maintaining the simplicity of the protocol helps Bitcoin or Ethereum become a trusted, neutral, and globally trusted infrastructure layer. In the past, Ethereum has often fallen short in this regard, and this article will discuss how Ethereum can become almost as simple as Bitcoin in the next five years. Simplifying the consensus layer: The new consensus layer (formerly known as "Beam Chain") aims to create a long-term optimal consensus layer for Ethereum by utilizing all the experience we have accumulated over the past decade in consensus theory, ZK-SNARK development, proof-of-stake economics, and other fields. The advantage of this consensus layer is that it is much simpler than the existing beacon chain. Simplifying the execution layer: The complexity of the EVM is increasing, and much of this complexity has proven to be unnecessary (in many cases, my fault). It is recommended to replace the EVM with RISC-V or another virtual machine that can write Ethereum ZK provers. I suggest we follow the approach of the tinygrad project and set a "maximum line of code target" for Ethereum's long-term technical specifications, aiming to make the critical code related to consensus in Ethereum as close as possible to the simplicity of Bitcoin. The code related to Ethereum's historical rule processing will still be retained but should be avoided from entering the consensus critical path. At the same time, we should also implement the following principles in the overall design philosophy: prioritize simpler solutions where possible, favor "encapsulated complexity" over "systemic complexity," and prioritize solutions with clear verifiable properties and guarantees in design decisions.  
  • 06:29
    Data: Pump.Fun Related Addresses Sell Another 112,000 SOL, Equivalent to $16.89 Million
    According to ChainCatcher, monitored by on-chain analyst Onchain Lens (@OnchainLens), four newly created wallets related to Pump.Fun (@pumpdotfun) sold 111,993 SOL at a price of $150.8, obtaining approximately $16.89 million in USDC and USDT.    
  • 06:26
    A whale withdraws a total of 628 million HIPPO from the exchange in five days, becoming the largest token holder outside the exchange
    According to a report by Jinse Finance, monitored by on-chain analyst Lookonchain (@lookonchain), a whale address has withdrawn a total of 628 million HIPPO tokens (approximately $1.28 million) from the exchange over the past 5 days, becoming the largest holder of HIPPO tokens outside the exchange.
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