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Pepe Unchained has achieved the rare milestone of raising $15 million at presale.
Ethereum derivatives market signals renewed optimism, with the futures funding rate 30-day moving average exhibiting a positive shift, according to CryptoQuant.Following the U.S. Federal Reserve’s 50 basis point cut to the Federal Funds rate on September 18, ether has increased over 17%, outpacing bitcoin, which experienced a 10% increase during the same timeframe.
Sei and Sui are two of the best performing Layer 1 tokens this week.
U.S. spot bitcoin ETFs recorded a total daily net inflows of about $105 million on Wednesday, led by BlackRock’s IBIT.The bitcoin ETFs had a total trade volume of $795.88 million for the day.Spot ether ETFs also posted net inflows of $43.23 million, led by the Grayscale Ethereum Mini Trust.
- 2025/05/14 23:57Data: eToro's stock price rises 29% on first day of Nasdaq listingTrading platform eToro went public on Nasdaq on Wednesday, with its stock price rising by 29% following an upsized initial public offering, priced at $52 per share. According to Yahoo Finance, the company's stock, under the ticker ETOR, closed at $67, offering cryptocurrency and stock trading services. eToro stated on Tuesday that the offering included approximately 11.9 million Class A common shares, about half of which were sold by the company and the rest by existing shareholders. Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup led the underwriting, with Deutsche Bank Securities, Cantor, and BofA Securities also participating.
- 2025/05/14 23:57Forbes Reporter: Bipartisan Group of Senators Near Consensus on Text of the GENIUS ActAccording to Forbes reporter Eleanor Terrett, a bipartisan group of senators is close to reaching a consensus on the text of the GENIUS Act after days of intense renegotiations, which could allow the bill's advancement process to continue. However, the text has not yet been finalized. Senate leadership is discussing the procedural path to resume consideration of the GENIUS Act, including the amendment process and motions to reconsider. The goal (which may change) is to hold a final vote before the Memorial Day recess and before the reconciliation process begins, although the timeline may be delayed depending on whether a procedural agreement can be reached with the Democrats.
- 2025/05/14 23:57Nebraska Passes New Bill to Increase Bitcoin Mining DifficultyThe Nebraska legislature has just passed a bill regulating Bitcoin miners. Bill LB 526 requires large miners to bear the costs of infrastructure upgrades, mandates miners to report energy usage, and allows authorities to interrupt services. The bill was unanimously passed with a vote of 49:0. Nebraska's Bitcoin mining bill LB 526 is not a major setback for companies in the state. The bill is just over two pages long and is very straightforward. Unlike anti-mining bills, it does not address carbon emissions or other environmental impacts. Instead, it focuses almost entirely on the power grid.