Crypto.com is growing its U.S. presence with a new regional office in Washington, D.C. This development comes as 21Shares has introduced a new Exchange-Traded Product (ETP) that gives investors regulated access to Crypto.com-supported blockchain Cronos. Return to the American Market According to a May 7 press release shared with CryptoPotato, the new office will be…
U.S. stocks closed higher Wednesday after the Federal Reserve kept interest rates unchanged and Chair Jerome Powell acknowledged growing uncertainty surrounding the economic outlook. The S&P 500 edged up 0.43%, while the Nasdaq Composite rose 0.27% and the Dow Jones Industrial Average added 284 points, or 0.7%. Disney helped lift the Dow after reporting better-than-expected…
Key Takeaways The Federal Reserve held the federal funds rate steady at 4.25% to 4.5% to assess inflation risks from tariffs. Proposed tariffs by Trump could increase inflationary pressures, affecting the Fed’s rate decisions. Share this article The Federal Reserve held interest rates steady on Wednesday at a range of 4.25% to 4.5% as officials…
A Uniswap crypto delegate known as Pepo rage-quit the DAO, calling out the Uniswap Foundation over a power grab farce. In a move that’s ignited fresh controversy at the DeFi platform, a prominent Uniswap delegate known as Pepo rage-quit the DAO, calling out the Uniswap Foundation for turning decentralized governance into a top-down farce. –…
Movement Labs, the development firm behind the Movement network, has officially cut ties with co-founder Rushi Manche following revelations of undisclosed token deals and a disastrous market-making agreement. The leadership shakeup sent the price of the network’s native MOVE token spiraling to a new all-time low. A Sudden Fall from Grace Movement announced Manche’s firing…
SEI has finally broken free from a prolonged falling wedge pattern, marking its first higher high in weeks. A key technical retest now sets the stage for a potential bullish continuation. SEI (SEI) had been trapped in a falling wedge structure for an extended period, consistently printing lower highs and lower lows, classic signs of…
Share this article Geneva, Switzerland, May 7, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced a strategic collaboration with MoonPay, the global leader in crypto payments. The first phase of the collaboration enables users across the United States to…
Tether, the issuer of USDT stablecoins, and LINE, a popular messaging app known for its all-in-one functionality, have entered into a strategic partnership plan to expand Tether’s presence in the Asian market. The alliance, announced on 7 May 2025, will enable LINE users to send and receive USDT within the app. USDT will now be…
Former White House Communications Director Anthony Scaramucci has raised concerns that President Donald Trump’s growing involvement in cryptocurrency could create ‘pathways for some level of corruption.’ His comments come as new data shows that 58 crypto wallets have made millions on Trump’s meme coin while 764,000 have lost money. Corruption and Executive Order Critique Speaking…
Liquid staking is coming to IOTA’s DeFi ecosystem, potentially boosting its liquidity and capital efficiency. Liquid staking is coming to IOTA. On Wednesday, May 7, liquid staking solution Swirl launched on the IOTA (IOTA) mainnet. According to the protocol, it is the first liquid staking solution on the IOTA layer 1 network. With Swirl, users…
