In line with US President Donald Trump’s regulatory agenda aimed at fostering innovation and broader adoption of cryptocurrencies in the country, Fox journalist Eleanor Terret has reported that a new market structure discussion draft from the House of Representatives aims to clarify the treatment of digital commodities. Specifically, it asserts that transactions involving the sale of digital commodities will not be classified as securities, provided these transactions do not grant purchasers any ownership interest in the issuer’s business, profits, or assets. Proposed Legislation Seeks Clarity On Crypto Transactions This proposed legislation indicates that if an individual buys or sells digital commodities on the secondary market—rather than directly from the issuer—the transaction will not automatically trigger US securities laws unless it confers some form of ownership or claim on the company’s profits or assets. This distinction is crucial for fostering a more favorable environment for crypto trading and investment. The draft bill outlines several critical amendments to existing laws, particularly the Securities Investor Protection Act of 1970. Notably, it defines “investment contracts” in a manner that excludes certain digital commodities from being classified as securities. This means that secondary market transactions involving crypto assets may not be subject to the stringent regulations typically applied to securities under various acts, including the Securities Act of 1933 and the Investment Advisers Act of 1940. VanEck’s Matthew Sigel Highlights Key Changes Matthew Sigel, head of digital asset research at asset management firm VanEck, summarized the implications of the draft bill by highlighting several key points. One major change is the removal of income and wealth limits for retail buyers, which opens the market to a broader audience. Additionally, the bill eliminates the need for accredited investor checks, simplifying access to investment opportunities in crypto assets Another important aspect of the draft is the introduction of a clear decentralization test, which requires that no single entity has unilateral control over a digital commodity. Projects that do not meet this criterion will face scrutiny, as holders of more than 10% of the project must be disclosed while it remains centralized. The bill also provides exemptions for decentralized finance (DeFi) protocols, as long as they are non-custodial and do not exercise discretion over user funds. Moreover, the draft defines stablecoins without categorizing them as securities, providing much-needed clarity for these increasingly popular digital assets. It also outlines an optional early registration path for issuers and emphasizes the need for joint rulemaking between the SEC and the Commodity Futures Trading Commission (CFTC), further signaling a collaborative approach to crypto regulation. Featured image from DALL-E, chart from TradingView.com
As Bitcoin (BTC) inches closer to the coveted $100,000 mark, optimism in the broader cryptocurrency market is palpable. Following a recovery that saw Bitcoin rise to approximately $97,800 last week, it has since retraced to around $94,340, reflecting a slight 0.4% decrease over the last 24 hours, according to CoinGecko data. This comes on the heels of a significant sell-off in April, when Bitcoin dipped to as low as $74,000. However, renewed hopes for a new all-time high are emerging among investors and analysts of the market. Bitcoin Bullishness Grows The bullish sentiment surrounding Bitcoin has been further emphasized by crypto analyst Doctor Profit, who suggests that the cryptocurrency is on a strong upward trajectory. He confidently states that in a year, Bitcoin will likely not fall below the $100,000 threshold again. Last week, Doctor Profit noted that Bitcoin has surged over 25% since his entry point at $77,000. He highlighted a critical breakout above the “Hammer Line,” a key resistance level he had previously identified at around $85,000, asserting that this breakout would pave the way for further gains. Related Reading: Analyst Says $2 XRP Price Is Low As It Still Isn’t “Activated” One of the primary catalysts for this recent surge, according to the analyst, has been the aggressive accumulation of Bitcoin by US-listed exchange-traded funds (ETFs). On Tuesday of the past week, these ETFs recorded nearly $1 billion in net inflows, marking one of the highest daily totals for the year. In just three trading days, a staggering $1.4 billion has been poured into Bitcoin ETFs, indicating a strong institutional appetite for the cryptocurrency during a period of market uncertainty. Adding to the bullish narrative, Bitcoin’s liquid supply is dwindling at an alarming rate. Recent days have seen a significant decline in exchange reserves, as large buyers withdraw coins from centralized platforms to store them in cold wallets. Reports from OTC desks indicate thin supply levels, suggesting that major accumulation is taking place behind the scenes. Even established financial giants like Fidelity have issued warnings about an impending Bitcoin supply shock, further fueling investor interest. $100,000 Target Within Reach? Doctor Profit also highlighted a notable development not only for BTC, but for the broader digital asset industry as Binance recently disclosed that it has received inquiries from multiple governments worldwide regarding strategic reserves of Bitcoin. This signals a growing recognition among sovereign entities of Bitcoin’s potential role as a strategic asset, akin to gold. As countries contemplate their own Bitcoin reserves, questions arise about the availability of Bitcoin in the market and the implications of a supply shock. Related Reading: BNB Bulls Target $644 As Classic Chart Formation Emerges Looking ahead, the analyst remains optimistic about Bitcoin’s trajectory. Following its recent momentum and the breakout above the Hammer Line, the $100,000 target appears increasingly achievable. Doctor Profit maintains that there is no change to his previous assessment and anticipates that the Federal Open Market Committee (FOMC) meeting this week will further influence market dynamics. He continues to express confidence that Bitcoin could not only reach $100,000 but also establish a new all-time high in the coming weeks. Featured image from DALL-E, chart from TradingView.com
This content is provided by a sponsor. PRESS RELEASE. Hong Kong, May 6, 2025 – A new bounty program has been launched on the online platform Web3Bounty.io, which aims at finding leads and information about the approximately $456 million of the TrueUSD (TUSD) stablecoin reserves being misappropriated. There is a $50 million bounty pool available
Ethereum’s validator exits have sharply decreased, signaling confidence in the network ahead of the Pectra upgrade. The coin’s positive funding rate suggests traders are bullish, maintaining long positions in anticipation
An Ethereum whale has accumulated over 1.7 million $BONE tokens over the past five days ahead of a potential Shibarium airdrop, making waves in the Shiba Inu ecosystem. Javier Olmedo, a member of the Shiba Inu community, flagged the activity in a recent post on X, noting that a new wallet has been purchasing BONE almost daily. “Does he know something we don’t?” Olmedo asked, highlighting that the wallet’s holdings have surpassed $500,000 worth of $BONE. Whale Wallet Purchases $BONE Daily Blockchain data from Etherscan confirms the wallet’s first activity on April 27, starting with a modest 0.2 ETH deposit. But just two days later, on April 29 at 08:43 p.m. UTC, the whale made its first major BONE purchase—1.64 million tokens worth nearly $500,000. Since then, the address has executed similar purchases at nearly the same time each evening, likely signaling the use of an automated bot. The wallet has now accumulated 1,764,519 $BONE tokens across six transactions totaling approximately $532,000. The timing and precision of these buys suggest a calculated strategy, possibly tied to the upcoming Shibarium airdrop. Adding to the intrigue, K9 Finance DAO — the official liquid staking protocol on Shibarium — tweeted on May 2 that users could earn “serious XP” based on their on-chain history in an upcoming airdrop. The message has fueled further speculation that smart money is positioning itself early. Shibarium users are about to be rewarded for their choice to run with the pack. Your on-chain history could earn you some serious XP in our upcoming airdrop. — K9 Finance DAO (@K9finance) May 2, 2025 This isn’t the first time Olmedo has tracked steady $BONE accumulation. Last month, he pointed out another wallet that had been building its BONE stash for over two years, now holding over 242,000 tokens. Despite BONE’s current price slump — trading at $0.3009 and down more than 99% from its all-time high — large-scale accumulation suggests growing confidence in its long-term utility as Shibarium’s gas token. Sol Killer Burns Over 10K $BONE Tokens via Shibarium’s Unique Mechanism On Monday, Sol Killer (DAMN), a meme coin operating on Shiba Inu’s Shibarium blockchain, announced it has burned over 10,000 $BONE tokens. The burn, confirmed by Shibariumscan data, also included the destruction of 189.47 million DAMN tokens, as part of the project’s deflationary approach to increase token scarcity. 10,197 $BONE has been burned. https://t.co/1PBBZ8NgxN $DAMN , Burning never stops! #SolKiller #Shibarium #ShibariumMemecoin pic.twitter.com/1QxVuzNRFh — DAMN (@DAMNsolkiller) May 5, 2025 The burn mechanism was unintentionally triggered when Sol Killer destroyed its liquidity pool (LP) last year. Since then, BONE and DAMN tokens stored in LP contracts have become permanently inaccessible. As WoofSwap—the platform behind Sol Killer—allocates fees to LP holders and the protocol, the LP burn ensures that 70% of fees are forever locked, turning them into effective token burns. While the burn isn’t visible on Etherscan due to its execution on Shibarium’s L2 network using wrapped tokens (wBONE), it still impacts the circulating supply. Since the original $BONE remains locked in Ethereum bridge contracts, the deflationary effect is preserved. The post Shiba Inu Power Play: Ethereum Whale Snaps Up 1.7 Million $BONE Tokens Ahead of Shibarium Airdrop appeared first on Cryptonews .
BlackRock juggernaut has accumulated a mind-boggling amount of Bitcoin over the past fourteen days
Synthetic dollar protocol Ethena continues to expand into new DeFi ecosystems, with the protocol’s USDe token now available on Hyperliquid and its Ethereum Virtual Machine (EVM) . The integration allows Hyperliquid traders and DeFi users to earn rewards, borrow, and trade using USDe. According to the announcement , USDe liquidity will exist “primarily” on HyperCore at launch, which is Hyperliquid’s perpetual decentralized exchange (DEX). The activation also allows HyperEVM users to borrow USDe against assets supplied on DeFi protocols such as Euler and Felix Protocol, and unlocks stable pair farming opportunities on eligible protocols. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
The crypto market is looking fairly depressed on Tuesday ahead of the Federal Reserve FOMC meeting. If a hawkish tone emerges out of the meeting this could send risk assets down. Altcoins are on the brink already. M pattern forms above major support on Total2 Source: TradingView It was only in mid-April that the altcoin market cap finally pushed through the descending trendline that had been displaying the decrease in altcoins’ value since January. However, the combined market capitalisation of all cryptocurrencies (excluding $BTC ) is now at risk of rolling over and back down. The above chart shows that the price is still holding above the major $1.01 horizontal support. However, an M pattern has formed, and this could send the price down through this support. Altcoins have corrected 50% - trend is still up Source: TradingView The weekly chart for Total 2 (combined market cap of all cryptocurrencies (excluding $BTC )) shows just how far altcoins have corrected - almost 50% from top to bottom. That’s par for the course for a bull market. The trend line has held, and a higher low was put in. What’s not to like here? If the current horizontal support holds, and even if it doesn’t, and the price dips down to the major trend line, there is still reason to be bullish. The Stochastic RSI at the bottom of the chart has the indicators heading up nicely. A continued rally to at least the major resistance at $1.22 trillion looks the more likely scenario. Investors flee to gold again, for now at least Source: TradingView A bit of a give-away for the depressed price action in crypto right now is the gold chart. As we head into Wednesday’s FOMC meeting, it looks as though investors have turned to the safe haven asset of gold for the time being. This has served to spike the gold price back towards its previous all-time high at $3,500. Nevertheless, this is probably a short-term play, as gold buyers are becoming exhausted after their exertions in bringing the price up to this level. Macro indicators are suggesting that gold should come back down to earth over the next several weeks, before then perhaps resuming its uptrend. In the intervening period, risk assets could continue to rally. How quickly that rally could resume depends, at least in the short term, on the utterances and hints that Jerome Powell makes in the upcoming FOMC meeting. The market will listen very closely. 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.
Get ready, decentralized finance (DeFi) enthusiasts! A significant development is unfolding in the crypto space that promises to expand the reach and capabilities of one of the largest lending protocols. The Aave community has cast its votes, and the outcome is a resounding ‘yes’ for a major expansion: the deployment of Aave V3 onto the Aptos blockchain . This move is set to bridge two prominent ecosystems and unlock exciting new possibilities for users and developers alike. This decision, reached through the protocol’s decentralized Aave governance process, marks a strategic step for Aave as it continues its multi-chain expansion strategy. For Aptos, it signifies the arrival of a blue-chip DeFi lending protocol, potentially attracting significant liquidity and user activity to its burgeoning ecosystem. What Did the Aave Governance Vote Decide? Decentralized protocols like Aave empower their token holders to make crucial decisions about the protocol’s future through a governance mechanism. The recent vote specifically addressed a proposal to deploy the latest version of the protocol, Aave V3 , onto the Aptos blockchain Mainnet. This isn’t just a simple copy-paste; it involves significant technical work, audits, and integration to ensure the protocol functions securely and efficiently on the new chain. The proposal outlined the technical specifications, potential benefits, and risks associated with the deployment. The fact that it passed demonstrates the community’s confidence in Aptos as a viable and valuable destination for Aave’s continued growth and the expansion of its DeFi lending services. Why Aave V3 and What Makes it Special? Aave V3 represents a significant evolution from previous versions, bringing several key improvements designed to enhance capital efficiency, reduce gas costs, improve risk management, and facilitate cross-chain interactions. Some of the standout features include: Portal: Enables seamless cross-chain asset transfers, potentially improving liquidity flow between different networks where Aave V3 is deployed. Efficiency Mode (E-Mode): Allows borrowers to achieve higher borrowing power when using correlated assets as collateral (e.g., stablecoins), boosting capital efficiency. Isolation Mode: Limits risk exposure by allowing listing of riskier assets with specific borrowing limits, protecting the protocol from potential exploits. Gas Optimization: Significant improvements to reduce transaction costs, making the protocol more accessible, especially on chains where gas fees can be volatile. Bringing these advanced features of Aave V3 to the Aptos blockchain means users on Aptos will gain access to a state-of-the-art DeFi lending experience right from the start. Why Aptos Blockchain? What’s the Appeal? Aptos is a relatively newer Layer 1 blockchain that has garnered attention for its focus on scalability, safety, and performance. Built by former Meta employees, it utilizes the Move programming language, which is designed with asset safety and formal verification in mind. Key characteristics of the Aptos blockchain include: High Throughput: Designed to process a large volume of transactions rapidly. Low Latency: Faster transaction finality compared to some other chains. Move Language: Offers enhanced security features for smart contracts, potentially reducing common vulnerabilities found in other languages. Parallel Execution: Allows multiple transactions to be processed simultaneously, improving efficiency. For a protocol like Aave, which relies on secure and efficient execution of complex smart contracts for DeFi lending , the technical architecture of the Aptos blockchain presents a compelling environment for expansion. The potential for lower transaction costs and faster interactions could make borrowing and lending on Aave more attractive for users on Aptos. What Benefits Does Aave on Aptos Bring? The deployment of Aave V3 on the Aptos blockchain is a win-win-win situation for Aave, Aptos, and the users. Here’s a breakdown of the potential benefits: For Aave: Expands its total addressable market, taps into a new user base, diversifies its presence across multiple chains, and solidifies its position as a leading multi-chain DeFi lending protocol. For Aptos: Attracts a major, reputable DeFi protocol, brings significant potential liquidity, validates the technical capabilities of the Aptos blockchain , and accelerates the growth of its native DeFi ecosystem. For Users: Provides access to established, audited DeFi lending services on the Aptos network, offers new opportunities for earning yield (lending) and accessing capital (borrowing), potentially benefits from Aptos’s performance characteristics (speed, cost), and increases overall choice within the DeFi landscape. This integration is a crucial step in making DeFi lending more accessible and efficient for a wider audience. Are There Any Challenges to Consider? While the deployment is exciting, it’s also important to be aware of potential challenges. Integrating a complex protocol like Aave onto a relatively newer chain requires rigorous security audits and testing. User adoption on the Aptos blockchain will need to grow to provide deep liquidity for the Aave markets to function optimally. Furthermore, Aave will face competition from existing native protocols on Aptos. However, the successful passing of the Aave governance proposal indicates that the community and development teams are prepared to tackle these challenges. What’s Next? Actionable Insights The governance vote is just the first step. The actual deployment of Aave V3 on the Aptos blockchain Mainnet will follow. Keep an eye on official announcements from Aave and Aptos regarding the launch timeline. If you are interested in using Aave on Aptos, you might consider: Learning more about the Aptos ecosystem and how to use wallets compatible with the network. Staying informed about which assets will initially be available for lending and borrowing on Aave Aptos. Understanding the specific risk parameters set for the Aptos deployment. This development is a clear indicator of the continued expansion and interoperability of the DeFi space. Conclusion: A New Chapter for Aave and Aptos DeFi Lending The approval of the proposal to deploy Aave V3 on the Aptos blockchain is a landmark event. It signifies the successful outcome of a crucial Aave governance process and opens a new chapter for both ecosystems. By bringing its advanced DeFi lending capabilities to Aptos, Aave is poised to capture new opportunities and provide Aptos users with access to a leading protocol. This expansion is a testament to the dynamic nature of DeFi and the ongoing efforts to build a more interconnected and efficient financial future. To learn more about the latest DeFi market trends, explore our article on key developments shaping the Aptos ecosystem and its future price action.
An emerging cryptocurrency with a small market cap is turning heads in the market. Analysts predict that this overlooked token could deliver gains surpassing the combined performance of Dogecoin, Solana, and Cardano. Its innovative technology and strong development team are fueling excitement. Investors are watching closely. Could this unassuming coin be the next major breakthrough in the world of digital assets? XYZVerse Sets a New Trend, Could This be the Next 50X Meme Coin? The buzz around XYZVerse is real. it is going to break records in the meme coin space, targeting 50X growth upon launch. The current presale gives early investors the chance to grab $XYZ tokens at a significantly discounted price , far below the expected listing price. Bullish Mood on $XYZ XYZVerse is already featured on CoinMarketCap where the community has shown a strongly bullish mood on this coin, with 95% voters anticipating $XYZ to grow. XYZ was further noticed by reputable crypto influencers. DanjoCapitalMaster , who has close to 800,000 followers, recently expressed his support for the project, calling XYZVerse a “moonshot opportunity.” More Than Just a Meme Coin Unlike most meme coins that ride trends without much substance, XYZVerse is setting a new trend. It is blending the high-energy world of sports with the viral nature of meme culture. And it’s working. The presale is moving fast, with early buyers locking in tokens at a fraction of what some believe could be its future value. Right now, XYZVerse is still in its presale phase, but demand is high. The price has already climbed from $0.0001 in Stage 1 to $0.003333 by Stage 12, with over 70% of the $15 million milestone already raised. Investors who got in early have secured a steep discount, and with a final presale target price of $0.1, those numbers have people paying attention. Still Time to Get in Before the Presale Ends Beyond just hype, XYZVerse has a structured tokenomics model aimed at long-term sustainability. A share of 15% is allocated to liquidity to create a solid market foundation.To reward its community via airdrops and bonuses, the team has put aside 10% of the total supply. Moreover, a big chunk of 17.13% is designated for deflationary burns, which could reduce supply and drive demand for $XYZ over time. A Community-Driven Project With Big Plans One thing setting XYZVerse apart is how it engages its community. The team recently launched the Ambassador Program, giving users the chance to earn free tokens by supporting the project. And that’s just the start—there are already talks with major sports celebrities to help boost visibility. The recent partnership with decentralized sportsbook bookmaker.XYZ underscores XYZVerse’s commitment to expanding its utility. It’s a big move that gives the community something to actually use. https://twitter.com/bookmakerxyz?ref_src=twsrc%5Etfw As part of the deal, $XYZ holders get a special bonus on their first bet—a nice perk that adds extra value just for being part of the ecosystem. By bringing together traditional sports fans and the fast-moving crypto space, XYZVerse is building something different—something with entertainment value and real engagement. Could XYZVerse Be the Next Big Meme Coin? With a fast-growing presale, a strong community, and an ambitious roadmap, XYZVerse has the ingredients of a project with serious potential. While the crypto market is always unpredictable, many investors see this as an opportunity to get in early on something big. The presale won’t last forever—so if you’re interested, now might be the time to take a closer look. Join XYZVerse, the Next Moonshot Opportunity Dogecoin: How a Joke Became a $50 Billion Crypto Sensation In 2013, Dogecoin burst onto the scene as a playful twist on the world of cryptocurrencies. Created by Billy Marcus and Jackson Palmer, it featured the friendly face of a Shiba Inu dog from a popular meme. Unlike Bitcoin’s limited supply, Dogecoin was designed to be abundant, with 10,000 new coins mined every minute and no maximum cap. What started as a joke quickly grew into a vibrant community, showing the power of humor and social media in shaping financial markets. By 2021, Dogecoin’s value skyrocketed, driven by social media buzz and endorsements from figures like Elon Musk. It climbed into the top ten cryptocurrencies, with a market cap exceeding $50 billion. This surge highlights how online communities can propel a digital currency into the mainstream. While some question its long-term potential due to its limitless supply, Dogecoin continues to capture attention. In the current market cycle, its popularity reflects a broader trend of investors exploring unconventional assets. Whether it remains a major player or not, Dogecoin’s rise underscores the unpredictable and exciting nature of the crypto world. Solana (SOL) In the past week, Solana (SOL) has decreased by 0.74%. Despite this slight drop, the coin has grown by 19.77% over the past month. However, over six months, SOL has declined by 11.89%, showing some volatility in its performance. SOL is currently trading between $138.48 and $151.93. The nearest resistance level is at $159.70, and the nearest support level is at $132.80. If SOL breaks above resistance, it could reach the second resistance at $173.15, an increase of about 14%. Falling below support might push it to the second support at $119.35, a decrease of around 14%. Technical indicators offer mixed signals. The 10-day Simple Moving Average is $145.57, slightly below the 100-day SMA of $148.31, suggesting short-term consolidation. The Relative Strength Index is at 54.53, indicating that SOL is neither overbought nor oversold. The Stochastic is high at 80.21, which could signal a price correction. The MACD is negative at -0.1473, hinting at bearish momentum. Based on this data, SOL’s price could rise toward resistance levels or fall toward support levels, depending on market sentiment. Cardano (ADA) Cardano (ADA) has seen notable fluctuations recently. In the past week, its price dipped by 2.41%, settling between $0.65 and $0.72. Over the past month, however, it grew by 4.09%. Impressively, in the last six months, ADA’s price surged by 105.69%. Analyzing the data, the Relative Strength Index (RSI) is at 49.86, indicating a neutral market stance. The 10-day and 100-day simple moving averages are $0.68 and $0.70, respectively, showing a slight short-term decline compared to the longer-term trend. The MACD level is at -0.003904, hinting at potential bearish momentum. Looking ahead, if ADA breaks above the nearest resistance level at $0.75, it could target the second resistance at $0.82, which would be an increase of about 14%. On the downside, if it falls below the support at $0.63, the next support is at $0.56, representing a potential drop of around 11%. With the Stochastic indicator at 70.75, nearing overbought territory, traders might anticipate a price reversal soon. Conclusion Although DOGE, SOL, and ADA are solid, XYZVerse’s blend of sports and meme culture may propel it to outperform them during the 2025 bull run. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Why This Low-Cap Token Could Outperform DOGE, SOL, and ADA Combined! appeared first on Times Tabloid .