Crypto

The introduction of Ethereum R1 deviates from traditional layer-2 developments that have come to characterize Ethereum's scaling networks. A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the Ethereum network that does not include a native token. According to the announcement, the project relies entirely on donations, does not have venture funding, and does not have any pre-mined token allocations or a governance token. The project's team wrote in a May 1 X post: “Most L2s today are acting more like new L1s than an Ethereum scaling solution — private allocations, opaque governance, and centralized control,” the developers continued. Read more

Ethereum recently bounced off the crucial $1.5K support level, but it’s still struggling to break through the bearish order block near the $1.8K mark. If it fails to clear this resistance, another pullback could follow. Technical Analysis By ShayanMarkets The Daily Chart The price created a clear bullish reversal pattern at the $1.5K support level […]

n Q1 2025, peaq recorded its first full quarter of post-mainnet activity, marked by strong growth in usage, machine onboarding, and early signs of onchain engagement. Daily revenue rose 350.2% QoQ, ecosystem fundraising surpassed $4 million, and Silencio launched the first DePIN-native token while Bistroo migrated part of its supply to peaq. With 49 active DePINs and infrastructure for Machine DeFi and DePAI taking shape, peaq is positioning itself as the foundational Layer-1 for the Machine Economy.

Ripple has enjoyed a bullish rally in recent weeks, but the momentum now appears to be fading as buyers confront a significant resistance level. Technical signals suggest that the market is entering a cooling-off phase, marked by consolidation and potential short-term retracement. XRP Analysis By Shayan The Daily Chart On the daily timeframe, XRP’s uptrend […]

Q1 2025 was a mixed quarter for Nervos Network, with continued infrastructure development offset by declines in network activity and token performance. CKB’s price fell 58.9% QoQ, while average daily transactions dropped 28.6%. Nervos DAO deposits and new address creation also slowed, reflecting reduced user engagement amid broader market headwinds. However, the launch of Fiber Network on mainnet marked a significant milestone, introducing privacy-preserving payments, stablecoin support, and multi-hop routing for BTCFi use cases.

Texas Republican Lance Gooden suggested to the agency that runs office space that installing ATMs will help align the government with Trump's crypto push.

The global crypto market has climbed past the $3 trillion mark, driven by renewed investor interest sparked by US policy developments under President Donald Trump. CoinMarketCap data shows that the total value of digital assets surpassed $3 trillion in early trading on May 1. Although this represents a significant rebound for the market, it still […] The post Bitcoin’s dominance fuels crypto market climb to $3 trillion appeared first on CryptoSlate.

Unlike its European counterpart, 21Shares’ Sui ETF would not offer staking rewards in the U.S.

Coin mixers like Tornado Cash have faced sanctions for aiding money laundering, but advocates argue they have legitimate use cases.

"Dogecoin is setting up for its next big move," one X user suggested.

The firm's dao5 fund is set to become a decentralized autonomous organization later this year.

“The world looks to New York, and the world looks to [its] Department of Financial Services,” veteran crypto regulator Ken Coghill told a Cornell audience. Love it or leave it, New York State has been a force in crypto regulation. Ten years ago, the state created the United States’ first comprehensive regulatory framework for firms dealing in cryptocurrencies, including key consumer protection, anti-money laundering compliance and cybersecurity guidelines. In September 2015, the New York Department of Financial Services (NYDFS) issued its first BitLicense to Circle Internet Financial, enabling the company to conduct digital currency business activity in the state. Ripple Markets received the second BitLicense in 2016. Circle and Ripple went on to become giant players in the global cryptocurrency and stablecoin industry. Read more

The first Web3 edition of the long-running MapleStory role-playing game franchise is set to launch on Avalanche on May 15.

Action could come as soon as July 2, when the SEC will be required to make a final decision on a number of altcoin ETF proposals.

Bitcoin attempts to punish shorters with relentless higher highs on low timeframes, trading places with gold, which follows commodities downhill. Bitcoin (BTC) gained 3% on May 1 as a new month saw shorts struggle to keep price pinned. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $96,955 on Bitstamp, its highest since Feb. 22. Increasingly close to six figures, Bitcoin rose with US stocks at the Wall Street open as Microsoft gained 10% to become the world’s highest-valued public company. Read more

Enterprise-grade custody solutions can safeguard digital assets with multi-layered security and transparency. Opinion by: Vikash Singh, Principal Investor at Stillmark The Bybit hack resulted in the largest loss of funds to cyber hackers by a cryptocurrency exchange in history. It served as a wake-up call for those complacent about the state of security threats in the digital assets space. Everyone must learn the lesson from this heist — enterprise-grade custody solutions require tech to be accompanied by transparency. Unlike many previous incidents, this loss of funds was not due to a faulty smart contract, lost/mismanaged keys or deliberate mismanagement or rehypothecation of user funds, but rather a sophisticated social engineering attack that exploited vulnerabilities in operational security.  Read more

The U.S election shined a spotlight on crypto, with promises to clarify regulations — will we see similar developments in other countries and jurisdictions?

Many of the most successful crypto projects come from founders who don’t wait for permission from institutions, says Antonio Gomes, President of the Blockchain Education Network.

Bitcoin’s “base case” for the end of 2025 is $200,000 without further government adoption, Bitwise’s head of research told Cointelegraph. Bitcoin’s expanding institutional adoption may provide the “structural” inflows necessary to surpass gold’s market capitalization and push its price beyond $1 million by 2029, according to Bitwise’s head of European research, André Dragosch. “Our in-house prediction is $1 million by 2029. So that Bitcoin will match gold's market cap and total addressable market by 2029,” he told Cointelegraph during the Chain Reaction daily X spaces show on April 30. The Bitcoin cycle may also be prolonged when US wirehouses start gaining exposure to Bitcoin and ETFs. Read more

Crypto once sought to replace banks. Now, in the fight over stablecoins, it’s forced to play by the same rules and get the same licenses. Crypto firms are no longer just challenging the traditional financial system they are increasingly becoming part of it. Companies like Circle and BitGo are reportedly pursuing banking charters and preparing for a wave of incoming stablecoin legislation that could further blur the lines between crypto firms and traditional banks. In the US, two major bills the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act and the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act aim to introduce new rules on stablecoin issuers, covering everything from reserve requirements to licensing and compliance obligations.  Read more