Author: James Wilson

Ethereum price is eyeing a breakout from the $2,400 resistance, which has capped the token’s gains over the past week. Summary Ethereum price is testing the $2,400 resistance after rebounding to $2,393, with repeated rejections keeping its price within a tight range. Technical indicators signal potential upside, with a looming MACD bullish crossover and Supertrend remaining in an uptrend since mid-March. ETF inflows ($101M) and declining exchange reserves (14.5M ETH, lowest since 2016) point to improving demand and reduced sell pressure. According to data from crypto.news, Ethereum (ETH) price rebounded 3.5% to $2,393 on May 4 before facing rejection at…

Bitcoin price surged to a four-month high of $80,529 on Monday shortly after United States President Donald Trump revealed “Project Freedom” to help stranded cargo ships affected by the closure of the Strait of Hormuz. Summary Bitcoin climbs to $80,529, breaking $80K resistance after Donald Trump unveils “Project Freedom” amid Strait of Hormuz tensions. Rally triggers short squeeze, with over $160M in BTC shorts liquidated and more than $300M wiped across the broader crypto market, per CoinGlass data. U.S. spot Bitcoin ETFs log fifth straight week of inflows, while easing risk sentiment lifts equities and pressures safe-haven assets. According to…

The U.S. Commodity Futures Trading Commission has received more than 1,500 public responses on its proposed rule for prediction market event contracts. Summary CFTC has received more than 1,500 public comments on its prediction markets rule, with firms backing its authority while state regulators push back. Kalshi, Polymarket, and Andreessen Horowitz supported the CFTC, urging it to retain exclusive control over event contracts. State gaming regulators from Pennsylvania, Tennessee, and Missouri said sports contracts resemble unregulated betting and should fall under state oversight. According to the CFTC, the comment period for its March proposal closed Thursday after drawing submissions from…

Iran’s largest crypto exchange, Nobitex, is facing fresh scrutiny after Reuters reported that two brothers from Iran’s influential Kharrazi family founded the platform under an alternative surname. Summary Reuters said Nobitex was founded by brothers from a powerful political family under another surname. Nobitex denied state links while investigators cited transactions tied to sanctioned Iranian entities and users. Crypto withdrawals from Nobitex rose sharply after Tehran strikes, though analysts differed on the cause. The report comes as blockchain data shows rising crypto movements from Iran during conflict-related stress. Nobitex has denied government links and said it does not assist state…

BlackRock has urged the Office of the Comptroller of the Currency to revise parts of its proposed GENIUS Act rules.  Summary BlackRock asked the OCC to remove a proposed cap on tokenized stablecoin reserve assets. The asset manager wants reserve rules based on liquidity, credit quality, and maturity risk. BlackRock’s BUIDL fund is gaining use as institutional collateral across crypto trading platforms. The request centers on tokenized reserve assets and the assets that stablecoin issuers may hold. BlackRock filed a comment letter asking the OCC to drop a proposed limit on tokenized reserve assets. The firm opposed a possible 20%…

Bitcoin developers and crypto advocates are again debating how the network should handle Satoshi Nakamoto’s early Bitcoin holdings.  Summary Bitcoin advocates argue touching Satoshi’s coins could weaken the network’s core ownership promise for holders. Quantum risks have revived debate over early Bitcoin wallets and cryptographic security planning across markets. Developers support post-quantum research while rejecting forced action against dormant Satoshi-linked coins across Bitcoin network. The discussion has grown as quantum computing concerns raise questions about old Bitcoin addresses and future security. Alex Thorn, head of firmwide research at Galaxy Digital, said many Bitcoin developers and advocates agree that Satoshi’s original…

Three presales are sitting on the table, each promising the moon, but only one is actually printing receipts. That’s the situation traders are staring at right now with BlockchainFX (BFX), NOCtura (NOC), and IPO Genie (IPO). Each project has its own pitch, its own crowd, and its own timeline. So which name actually deserves a spot in a serious 2026 portfolio, and which ones are just along for the ride? Honestly, the answer keeps pointing back to one project. The best crypto presale chatter in May 2026 is dominated by BlockchainFX, the licensed super app that has already raised over…

Warren Buffett used the 2026 Berkshire Hathaway shareholder meeting to warn investors about rising speculation across markets.  Summary Buffett said investors are showing a stronger gambling mood across volatile markets and short-term trades. He criticized one-day options, calling them gambling rather than investing based on business value. Greg Abel led Berkshire’s meeting as Buffett’s warning renewed debate over speculation and crypto. His remarks targeted short-term trading, risky bets, and the wider appetite for volatile assets, including crypto. Buffett said market behavior has moved closer to gambling as more retail traders chase fast returns. He described the current mood as unusually…

Bitcoin failed to hold its weekend move near $79,000 as traders weighed the latest FOMC decision, U.S.-Iran tension, and mixed altcoin action.  Summary Bitcoin rejected near $79,000 as traders stayed cautious after the Fed left rates unchanged again. Iran peace talks affected risk appetite, limiting Bitcoin’s follow-through despite support near $78,000 this week. XRP held its range while Algorand led altcoin gains with a strong daily advance. The wider crypto market stayed calm, while XRP held near $1.39 and Algorand led daily gains. Bitcoin traded near $78,402 after touching an intraday high of $78,963, according to live market data. The…

Peter Thiel’s Founders Fund has closed a new $6 billion fund, marking the largest raise in the venture capital firm’s history.  Summary Founders Fund closed a record $6 billion fund focused mainly on late-stage startup investments. Limited partners provided $4.5 billion, while Thiel and insiders contributed another $1.5 billion. The raise shows major venture firms still attract capital for mature technology companies. The vehicle will focus mainly on late-stage companies as private startups continue to seek large funding rounds outside public markets. Bloomberg reported that Founders Fund raised $6 billion for a new late-stage investment vehicle, citing people familiar with…