🔍 Market Summary

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Etoro prices Nasdaq debut at $52, surpassing expectations

Etoro prices Nasdaq debut at $52, surpassing expectations

Crypto and equities trading platform eToro announced today that its Nasdaq initial public offering saw "upsized" pricing of shares at $52 per share, reflecting stronger-than-expected demand.The company's IPO involves around 11.9 million Class A common shares, half of which is to be sold by eToro whi…

Arizona Governor Hobbs blocks two crypto bills, citing ‘too much risk’

Arizona Governor Hobbs blocks two crypto bills, citing ‘too much risk’

Arizona Governor Katie Hobbs vetoed two crypto bills on Monday, citing concerns over risks in bridging state funds and agencies with the "volatile" cryptocurrency market.One of the bills that Hobbs rejected was Senate Bill 1373, which sought to establish a strategic reserve fund out of seized crypto…

Curve Finance’s front-end targeted in DNS attack on website

Curve Finance’s front-end targeted in DNS attack on website

Curve Finance has flagged a Domain Name Service (DNS) attack on its website, days after unknown actors gained access to the protocol’s X account.Reported late on Monday, Curve said its “curve[.] fi” domain was compromised in an apparent DNS spoofing attack. In the meantime, users were advised agains…

‘First they fight you, then add you to the S&P 500’: Coinbase could see $9 billion in passive inflows, Bernstein says

‘First they fight you, then add you to the S&P 500’: Coinbase could see $9 billion in passive inflows, Bernstein says

Coinbase will become the first pure-play crypto firm to join the S&P 500, the company confirmed late Monday — a move that could see billions of dollars in allocations to COIN, according to analysts at Bernstein."First they fight you, then add you to the S&P 500," the analysts led by Gautam Chhugani …

Trump memecoin gala dinner winners locked in with promise of background checks

Trump memecoin gala dinner winners locked in with promise of background checks

President Donald Trump's official memecoin competition to decide who will be able to attend an exclusive dinner with the Commander in Chief has ended, and the 220 winners will be notified, the project said Monday."The first TRUMP Competition is officially over," the project posted to X. "If you were…

COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index

COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index

Coinbase (ticker COIN), the largest crypto exchange in the U.S., is set to join the S&P 500, the stock market index tracking the financial performance of 500 leading companies, according to CNBC. COIN will replace Discover Financial Services in the benchmark index.Coinbase’s shares jumped 8% in afte…

Bitcoin dominates global crypto funds’ $882 million weekly inflows as Sui outperforms major altcoin products

Bitcoin dominates global crypto funds’ $882 million weekly inflows as Sui outperforms major altcoin products

Crypto investment products run by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares registered $882 million worth of net inflows globally last week, according to CoinShares data.It marks the fourth consecutive week of gains, with year-to-date inflows now standing…

Vice President Vance to speak at Bitcoin 2025 in Las Vegas

Vice President Vance to speak at Bitcoin 2025 in Las Vegas

Vice President J.D. Vance is scheduled to speak at the upcoming Bitcoin 2025 conference in Las Vegas, NV, according to an announcement on Friday. This comes about a year after President Donald Trump spoke at BTC Inc.’s annual conference — billed as “the world’s largest Bitcoin gathering — held last …

Bitcoin crosses $100,000 for first time since February amid renewed US trade negotiations

Bitcoin crosses $100,000 for first time since February amid renewed US trade negotiations

Bitcoin crossed the psychologically important trading level of $100,000 on Thursday morning, according to The Block’s BTC price data. The move marks a recent high after sinking to a local low of $76,320 on April 8, amid a mix of macroeconomic uncertainty largely driven by President Donald Trump’s to…

Skale launches BITE Protocol to eliminate malicious MEV attacks

Skale launches BITE Protocol to eliminate malicious MEV attacks

Layer 1 blockchain SKALE is launching a new consensus-level solution designed to eliminate Maximal Extractable Value, the scourge better known as MEV, a persistent issue in decentralized finance. The new tool, called the BITE Protocol (short for Blockchain Integrated Threshold Encryption), draws ins…

‘$1 trillion company some day’: Coinbase’s record-setting Deribit deal signals big bet on crypto’s institutional future

‘$1 trillion company some day’: Coinbase’s record-setting Deribit deal signals big bet on crypto’s institutional future

Coinbase has acquired Deribit in a record-setting $2.9-billion deal in the crypto space, a move that will give the U.S.-based crypto exchange an immediate and dominant foothold in the high-growth derivatives space amid growing institutional adoption of digital assets."This is an insanely great acqui…

Fed holds rates steady, bitcoin tries to reclaim $100,000 level

Fed holds rates steady, bitcoin tries to reclaim $100,000 level

The Federal Open Market Committee (FOMC) maintained the benchmark federal funds rate at the current range between 4.25% and 4.50%."Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace," the U.S. Federal Reserv…