As the new month begins, investors face a crucial choice: should they hold onto their Solana (SOL) and Ethereum (ETH) or consider selling? This article delves into the potential price movements of these two major cryptocurrencies, offering insights into which one could see significant gains. Will SOL and ETH continue to surge, or is a market correction on the horizon? Ethereum Market Review: Short-Term Surge Amid Longer-Term Pullback Ethereum rallied sharply over the past month with prices climbing by 50.18%. In contrast, the last six months have shown a decline of 29.22%. The recent price movements featured bursts of momentum, highlighting a mix of buyer excitement against an ongoing longer-term downward trend. This volatility has influenced investor sentiment, suggesting a short-term recovery while reflecting past weaknesses. Currently, Ethereum trades between $1468 and $2037.38, with primary resistance at $2280.58 and a second resistance at $2849.77. Support levels are positioned at $1142.2 and $573.01. Indicators show bullish pressure with an RSI of 78.06, yet no clear long-term trend is established. Traders may consider buying near support levels and selling near resistance, while employing tight stops to manage risk effectively. Solana Price Dynamics: Strong Monthly Rally Amid Six-Month Correction SOL experienced a notable gain over the last month with prices surging by 53.39%, while over a six‐month period it pulled back by 19%. This contrast highlights a recent uptick against a backdrop of longer-term weakness. The mix of rapid upward movement and a prior decline suggests past volatility and aligns with the recent improvements in momentum. Currently, SOL trades in a range between $109 and $171.27, with key resistance around $194.93 and a secondary level near $256.57. Support stands at about $71.65. Bulls show strength with a 7.33% weekly rise and a bullish moving average recommendation. However, an RSI of 67.58 indicates some near-term overbought caution. Trading ideas include buying near support levels and aiming for the nearby resistance zones. Conclusion Both Solana (SOL) and Ethereum (ETH) have shown strong potential this month. Market conditions may favor continued growth for both coins. Investors might find opportunities in tracking their performance closely. While it’s crucial to stay informed, current trends suggest a positive outlook for SOL and ETH. Sellers and holders alike will need to weigh their options carefully. The market's direction could shift, but the prospects for these two cryptocurrencies remain promising for now. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Viral Solana meme coins from last year—like Moo Deng, GOAT, and Peanut the Squirrel—are seeing massive gains as the market rebounds.
Meta Platforms is in preliminary discussions with multiple crypto firms to introduce stablecoins to its platforms, including Facebook, Instagram, and WhatsApp, which serve 3.35 billion users. This initiative comes three years after the company abandoned its Libra, later Diem, crypto project due to regulatory pressure. The current plan focuses on leveraging existing stablecoins, such as USDC, to facilitate cross-border payments and manage payouts, particularly for content creators and digital freelancers. Meta has hired Ginger Baker, a vice president of product with crypto experience, to lead the project, with a focus on small-dollar payouts. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Taiwan legislator Ko Ju-Chun has advocated for the inclusion of Bitcoin as a strategic reserve asset for the country. He emphasized Bitcoin's fixed supply, decentralization, and resistance to seizure as key attributes that make it a suitable hedge for Taiwan's export-driven economy, particularly amid rising geopolitical risks. Ko Ju-Chun suggested that Bitcoin should be held alongside traditional reserves such as gold and foreign exchange to enhance the resilience and adaptability of Taiwan's financial system. He described Bitcoin as "the gunpowder of the digital era," highlighting its potential strategic importance. This move reflects a broader trend in Asia toward preparing for digital asset integration in national financial strategies. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
The exchange on Thursday said it was buying options exchange Deribit.
VP Vance's endorsement of Bitcoin at a major conference signals growing political acceptance and potential policy shifts towards cryptocurrency. The post VP JD Vance joins 2025 Bitcoin Conference as featured speaker appeared first on Crypto Briefing .
In the ever-evolving world of cryptocurrency, a solid grasp of what a crypto wallet is and how it protects your holdings is absolutely essential. As digital assets such as Bitcoin and Ethereum have surged in popularity, the need for dependable storage solutions has never been greater. At its core, a crypto wallet is not a vault for coins, but a guardian of the private keys that grant you access to the blockchain. With the right wallet, you gain true self-custody: complete control over your digital funds without entrusting them to any third party. Private Keys vs. Coin Storage A crypto wallet does not “hold” tokens in the same way a bank account holds dollars. Instead, wallets securely store your private keys, the cryptographic secrets that prove you own the coins recorded on the blockchain. When you want to send or spend crypto, your wallet uses your private key to generate a digital signature. The network validates that signature against your public key (the equivalent of an account number), and only then is the transaction approved. If your private key is ever lost or compromised, you lose access to your assets forever there is no password-reset button in decentralized finance. That’s why understanding where and how your wallet stores these keys is vital for anyone serious about safeguarding their investments. How Wallets Work Behind the Scenes Every wallet, whether software or hardware, is built on the interplay of two keys. Your public key is shared freely anyone can send funds to it. The private key, however, must remain secret and ideally offline to minimize attack vectors. Software wallets typically generate and retain these keys on an Internet-connected device (your desktop, mobile phone, or a web browser). While convenient for daily transactions, this online exposure leaves keys vulnerable to malware, phishing schemes, or even physical device theft. In contrast, hardware wallets create and keep private keys within a dedicated, tamper-resistant module. When you need to move funds, the hardware device signs the transaction internally, then broadcasts only the signed data your private key never leaves the device itself. Balancing Security and Convenience Crypto users today juggle different needs: rapid access for routine trades, robust protection for long-term holdings, and flexibility to engage with DeFi protocols or mint NFTs. Generally speaking, wallets fall into three camps: Software Wallets are installed on Internet-connected hardware, delivering immediate access and an intuitive interface for swapping, sending, and receiving. They’re perfect for small-value, everyday use but expose your keys to online threats. Hardware Wallets are offline devices that generate and store private keys in an ANSSI-certified Secure Element. They enable secure interaction with smart contracts staking, lending, or minting while defending against remote hacks. A brief USB or Bluetooth connection lets you sign transactions before the device retreats back offline. Cold (Air-Gapped) Wallets remain permanently disconnected from any network. Used as vaults for long-term storage, they only bring keys online in controlled, temporary stages. This isolation achieves the highest security at the expense of immediate convenience. Ledger: The Dual-Mode Champion Ledger devices stand out by seamlessly bridging the gap between cold-storage and active hardware-wallet use. In cold mode, your private keys stay offline indefinitely, making your device the ultimate crypto vault. When you’re ready to interact with DeFi platforms, swap tokens, or mint NFTs, simply connect your hardware wallet via USB or Bluetooth. You sign transactions securely within the device’s Secure Element, and once done, you can disconnect it to maintain offline protection. It’s not about switching between separate modes you stay in control, choosing when to connect or disconnect based on how you want to use your wallet. Why Ledger Remains the Gold Standard Ledger’s leadership in the hardware wallet space rests on a foundation of rigorous security and user-centric design. The Secure Element chip, certified by France’s ANSSI, resists sophisticated physical tampering and software attacks alike. A proprietary operating system isolates each application, preventing vulnerabilities in one protocol from endangering others. With every connection, the device runs a Genuine Check to verify its firmware hasn’t been altered or compromised. Meanwhile, the Ledger Live application available on desktop and mobile lets you buy, sell, swap, and stake more than 15,000 coins and tokens through a polished, intuitive interface. Behind this technology lies a community of over seven million users who rely on Ledger’s self-custody model to protect their wealth in an unpredictable digital era. Taking Responsibility for Self-Custody Moving to self-custody means accepting full responsibility for your keys. Beyond choosing the right wallet, best practices include keeping firmware up to date, enabling passphrases or PIN codes on your device, and maintaining secure, offline backups of recovery phrases. Avoid phishing links and only download wallet software from official sources to prevent malicious impostors from pilfering your credentials. By understanding the mechanics of crypto wallets, discerning which type aligns with your needs, and selecting a trusted hardware solution like Ledger, you ensure that your private keys and, by extension, your digital assets remain safe from evolving threats. In this new frontier of decentralized finance, informed stewardship of your wallet is the cornerstone of both security and freedom. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trump said on Truth Social that the 80 percent trade tariff imposed on China seemed right. The Republican said the tariffs were fine as the nation prepared to engage in weekend talks in Geneva with China. Shipping data showed a sharp decline in the number of goods moved from China to the U.S. U.S. President Donald Trump said the 80 percent tariffs on China seemed perfect. The president said this as representatives prepared for Geneva discussions slated for the weekend. Scott Bessent, the U.S. Treasury Secretary, and Jamieson Greer, chief trade negotiator, will meet He Lifeng, Chinese representative, in Geneva, Switzerland, over the weekend for trade talks. Trump also said that China should open their market to the U.S. because it would benefit them. The president also claimed China would not go beyond the current tariffs of 145 percent. The Republican also said it was up to the U.S. Treasury Secretary to secure a deal during the Geneva talks. Data shows a decline in goods moved from China to the U.S. 🇺🇸 TRUMP: 80% TARIFF ON CHINA SEEMS RIGHT “80% Tariff on China seems right! Up to Scott B. CHINA SHOULD OPEN UP ITS MARKET TO USA — WOULD BE SO GOOD FOR THEM!!! CLOSED MARKETS DON’T WORK ANYMORE!!!” Source: Truth Social https://t.co/lsB0yTNTKs pic.twitter.com/rg8DFJB3eI — Mario Nawfal (@MarioNawfal) May 9, 2025 According to data from the Office of the U.S. Trade Representative, China is among the top U.S. trading partners. Last year, China exported $438.9 billion in goods while importing $143.5 billion from the U.S. Amidst the escalating tensions between the two countries, recent shipping data showed a sharp decline in the number of imported products from China, leading to serious concerns regarding the shortage of particular goods in the next few weeks or the potential for higher prices. Trump said on Wednesday that he would not reduce tariffs to get China to the discussion table Since his inauguration in January, U.S. President Donald Trump has increased levies on Chinese imports to 145 percent. While serving his first term, the Republican also imposed levies on many Chinese goods. Biden also introduced levies during his first presidential term. China recently hit back at Trump’s tariffs by prohibiting the export of some rare earth minerals. The Chinese government also hit back by increasing tariffs on U.S. goods to 125 percent, on top of extra levies on select goods like liquefied natural gas and soybeans. The U.S. President says China can’t go beyond 145 percent U.S. President Donald Trump hinted that tariffs on China could come down as officials from the two largest economies were set to meet. He added that they already knew it would come down. The president also said he looked forward to a friendly meeting with the Chinese officials. Trump said he hoped representatives from both nations would hold the talks in an elegant way. Vice Foreign Minister of China Hua Chunying also said he was confident about the weekend talks. Chunying added that Beijing had enough confidence in its ability to hold talks about trade issues with the U.S. However, Stephen Olson, a former US trade negotiator, argued that the systemic friction between China and the US would not be resolved any time soon. Olson added that any cuts to the current tariffs in the weekend talks were likely to be minor. Bessent said he was determined to rebalance the international economic system to serve US interests better. He added that the talks would be about de-escalation but not securing a big trade deal. Bessent said talks would focus on de-escalating before they could move forward. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
BlackRock, one of the world's largest asset management companies, held an important meeting with the US Securities and Exchange Commission's (SEC) Crypto Task Force on May 9. During the meeting, issues such as staking practices, tokenization of securities, approval standards for crypto exchange-traded funds (ETFs) and defining option transactions for these ETFs were discussed. BlackRock, which requested the meeting, introduced its digital asset product portfolio by making a presentation to SEC officials. The company's products such as IBIT (Bitcoin ETF), ETHA (Ethereum ETF) and BlackRock USD Institutional Digital Liquidity Fund (BUIDL) were evaluated in light of market developments. Related News: Binance and Trump Crisis in the US Senate: Here are the Details BlackRock also shared its views on the regulatory framework for staking and how staking-enabled ETPs (Exchange Traded Products) could be developed, as well as regulatory expectations and potential steps towards the tokenization of securities. Another focus of the meeting was the criteria required for approval of cryptocurrency ETPs. BlackRock consulted with the SEC on issues such as how to meet the qualification requirements under Section 6(b) of the Securities Exchange Act and the establishment of an interim regulatory framework. Finally, options trading for crypto ETPs was discussed, where technical details such as position limits, usage limits, and liquidity thresholds of the underlying assets were evaluated. *This is not investment advice. Continue Reading: BREAKING: BlackRock Meets with SEC, Discusses Cryptocurrencies – Here Are the Details
Coinbase has made waves in the cryptocurrency market by launching 24/7 leveraged Bitcoin and Ethereum futures trading, establishing itself as the first CFTC-regulated exchange to do so. This significant move