Bitcoin (BTC) has once again cemented its position as the world’s leading cryptocurrency, recovering from an April low of $74,000 to its current impressive price of $97,000. This 30% bounce-back reflects its resilience, supported by post-halving dynamics and increased institutional adoption. However, while Bitcoin enjoys its widespread recognition, a new player, Ruvi , offers an exciting opportunity for those looking for exponential growth at the ground level. Bitcoin’s Strength Remains, But Ruvi Stands Out Bitcoin’s rebound into bull market territory has re-energized the crypto space. The $97,000 mark has become a key level of resistance, and analysts anticipate that breaking above $100,000 could spark another wave of FOMO. Yet, Bitcoin’s sheer size and dominance mean that its growth potential is more steady than explosive. For those seeking high-reward investments, Ruvi stands out as a compelling alternative. Ruvi is in its presale stage, priced at just $0.01 per token. With a capped supply of 1.5 billion tokens, its foundation is built for scarcity. Unlike Bitcoin, Ruvi also incorporates decentralized monetization and AI tools, creating additional utility and positioning itself for strong demand as these markets mature. Ruvi’s Rewarding Bonus Structure Ruvi’s standout feature is its tiered bonus structure, offering significant rewards for investors during the presale phase. This system not only multiplies token holdings but also maximizes potential returns as Ruvi gains market traction. Here’s a breakdown of how bonuses supercharge investments at different levels: $750 Investment At $750, you acquire 75,000 tokens during presale. A 40% bonus adds an extra 30,000 tokens, making a total of 105,000 tokens. If Ruvi climbs to $3 per token, your portfolio could expand to $315,000. $1,500 Investment Investing $1,500 nets you 150,000 tokens. The 60% bonus provides a further 90,000 tokens, resulting in 240,000 tokens overall. With Ruvi reaching a conservative $2 per token, your holdings would equal $480,000. $7,500 Investment For those going big with $7,500, you secure 750,000 tokens. Ruvi’s 100% bonus doubles this amount, resulting in 1.5 million tokens. If the price of Ruvi rises to $2, you’re looking at a jaw-dropping $3 million. Why Timing Matters Being an early investor in Ruvi means capitalizing on low entry prices and unbeatable presale bonuses. Bitcoin once started as an underdog, and its early adopters reaped massive rewards over time. Now, Ruvi offers a similar ground-floor opportunity. Unlike Bitcoin’s present-day stability, Ruvi’s presale ensures investors access the highest growth potential before its tokens hit the broader markets. Additionally, Ruvi’s capped supply of tokens introduces built-in scarcity, while its innovative features cater to emerging trends in AI and decentralized monetization. This unique positioning enhances its appeal and sets the stage for impressive long-term adoption. The Case for Diversification While Bitcoin’s $95,000 price is a testament to its dominance, Ruvi represents an agile, high-growth project appealing to investors chasing early-stage value. Whether you’re starting with a modest investment or committing significant capital, Ruvi’s presale creates an accessible avenue to potentially transform your portfolio. For those who hate missing out, Ruvi’s presale is a rare chance to secure high-potential tokens with significant bonus perks. Don’t wait until it’s too late. Take the first step today and position yourself for what could be one of crypto’s next big success stories. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Arthur Hayes highlights Treasury’s rising significance over the Federal Reserve in monetary policy. He suggests capital controls are more effective than strict regulations in the current scenario. Continue Reading: U.S. Treasury Plays a Crucial Role in Crypto Market Dynamics The post U.S. Treasury Plays a Crucial Role in Crypto Market Dynamics appeared first on COINTURK NEWS .
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The highly anticipated arrival of U.S. spot ETH ETFs has certainly brought a new dynamic to the crypto market, but recent data shows a potential shift in investor sentiment. After an initial buzz, these investment vehicles have hit a patch of outflows, raising questions about their immediate trajectory. What’s Happening with U.S. Spot ETH ETFs? According to data from Farside Investors, U.S. spot ETH ETFs collectively experienced a net outflow of $21.8 million on May 7th. This marks the second consecutive day these funds have seen more money leaving than entering, a notable change from the initial period following their launch. Interestingly, the data reveals that this particular day’s outflow was concentrated entirely within a single fund: BlackRock’s ETHA . While other U.S. spot ETH ETFs reported no changes in their holdings on May 7th, BlackRock’s fund accounted for the entirety of the day’s withdrawal figure. Here’s a simple breakdown of the situation on May 7th: Total Net Outflow: $21.8 million Contributing Fund: BlackRock’s ETHA Other Funds: No reported changes (Net Zero Flow) Source: Farside Investors Data Why Are We Seeing ETH ETF Outflows? The occurrence of ETH ETF outflows, even if concentrated, prompts analysis. Several factors could be at play: Profit-Taking: Investors who entered the market early or during price rallies might be cashing out some gains. Market Sentiment: Broader market corrections or uncertainty could lead to risk-off sentiment, affecting crypto-related investments like Ethereum ETFs. Fund-Specific Activity: The concentration of outflows in BlackRock ETHA could be due to specific large institutional movements or trading strategies unique to participants in that particular fund. Rotation: Capital might be rotating into other asset classes or even other cryptocurrencies perceived as having better short-term prospects. It’s crucial to remember that two days of outflows, especially when relatively small compared to overall assets under management (AUM), don’t necessarily signal a long-term trend reversal. However, they are important data points for assessing investor appetite. The Significance of BlackRock ETHA’s Movement The fact that the entire outflow on May 7th came from BlackRock ETHA is particularly noteworthy. BlackRock is one of the largest asset managers globally, and their participation in the crypto space through funds like ETHA is closely watched by the market. While the reason for the specific withdrawal isn’t public, it highlights that even large, well-regarded funds are subject to the ebb and flow of investor capital. Understanding the drivers behind movements in funds like BlackRock ETHA can offer insights into the behavior of potentially larger, more sophisticated investors participating in the Ethereum ETF market. Keeping Up with Crypto ETF News For investors and enthusiasts alike, staying informed about Crypto ETF news is vital. Fund flow data provides a tangible metric of how capital is moving into or out of these regulated investment products. While price action is the most visible indicator, fund flows offer a deeper look into institutional and retail investor sentiment via these specific vehicles. Tracking these flows helps in: Assessing demand for the underlying asset (Ethereum in this case). Understanding the impact of macroeconomic factors on crypto investment products. Identifying potential trends in institutional adoption or divestment. The current ETH ETF outflows are a piece of the larger Crypto ETF news puzzle. It’s essential to look at these numbers in context, considering overall market conditions, trading volume, and the performance of Ethereum itself. What Should Investors Consider? For those invested in or considering U.S. spot ETH ETFs or Ethereum directly, these outflows are a reminder of market volatility. It’s an opportunity to: Review Your Strategy: Are your investment goals aligned with the current market phase? Stay Informed: Keep tracking fund flow data, market news, and regulatory developments. Assess Risk: Understand that ETF flows can be influenced by short-term trading as well as long-term investment decisions. While the initial launch saw significant inflows, periods of outflows are a normal part of any market cycle for ETFs. The key is to observe whether these become a sustained trend or remain isolated events. Conclusion: Watching the Tides of the Ethereum ETF Market The recent data showing ETH ETF outflows, specifically the $21.8 million on May 7th led by BlackRock ETHA, highlights the dynamic nature of the U.S. spot ETH ETFs market. While two days of outflows don’t dictate the future, they serve as an important data point for investors tracking the pulse of institutional and retail interest in Ethereum via these regulated products. Keeping a close eye on this Crypto ETF news is crucial for navigating the evolving landscape. To learn more about the latest Crypto ETF news trends, explore our article on key developments shaping Ethereum ETF institutional adoption.
U.S. Senator Cynthia Lummis has expressed her views on digital assets, saying they are the future and the U.S. needs to either embrace them or fall behind. U.S. Treasury Secretary Scott Bessent also noted on Wednesday he believes the U.S. should be the premier destination for digital assets. Lummis also noted in late February that the U.S. can either pave the way for digital assets or fall behind. She made the remarks as she was seeking clarification from the SEC on digital assets ETP staking restrictions to make U.S. asset managers competitive in the global market. Lummis and other senators argued that the lack of availability of protocol staking for crypto issuers impacts the investment potential of digital asset ETPs in the U.S. Senator Cynthia Lummis advocates for the U.S. to embrace crypto Digital assets ARE the future. We either embrace them, or we lose. There is not an in between. — Senator Cynthia Lummis (@SenLummis) May 8, 2025 U.S. Senator Cynthia Lummis said on Thursday that digital assets are the future of the financial industry. She also urged the U.S. to embrace cryptocurrencies or get to lose them because there’s no in between. The U.S. Senator was also named the first-ever Chair of the Senate Banking Subcommittee on Digital Assets on January 23, 2025. Lummis highlighted that cryptocurrencies are the future and Congress needed to urgently pass bipartisan legislation establishing a comprehensive legal framework for virtual assets if the U.S. wanted to remain a global leader in financial innovation. The Senate Banking Subcommittee on Digital Assets was also tasked with conducting robust oversight over Federal crypto regulations to ensure the agencies are following the law, including ensuring Operation Chokepoint 2.0 never happens again. Lummis also advocates for the GENIUS Act to be enacted, and she believes the U.S. needs the bill, which will establish the first-of-its-kind legislation ahead of a possible key vote on it on Thursday. The Senate Banking Committee advanced the GENIUS Act in March with bipartisan backing. The senator for Wyoming argued that the bill requires all stablecoin issuers, even those based overseas, to be able to freeze and recover coins when ordered by U.S. authorities. She also said the bill would create a level playing field between banking and commerce. Lummis added that the GENIUS Act will ensure stablecoins are always backed 1:1, which she believes will prevent destabilizing runs through a tailored regulatory framework. The government official acknowledged that the bill makes it clear that ethics laws apply to members of Congress and Senior Executives in the government. Her remarks came in the wake of non-Democratic support amid concerns about President Trump and his family’s business ventures involving digital assets. Democratic Senator Elizabeth Warren of Massachusetts noted that the stablecoin bill falls short of safeguarding against corruption, as well as protecting consumers, the financial system, and national security. Treasury’s Bessent says the U.S. should be the premier destination for crypto Treasury Secretary Scott Bessent told the House Financial Services Committee on May 7 that the Trump administration wants the digital asset industry to come to the U.S. and play a global leadership role in the sector. “We believe that the United States should be the premier destination for digital assets. And as members of this committee, and the senate are attempting to create a good market structure around that so that the United States best practices are used around the world.” ~ Scott Bessent, The U.S. Treasury Secretary. Bessent believes the administration’s efforts to promote clear regulatory frameworks for digital assets will contribute to that goal. When asked about the impacts if the U.S. doesn’t take a leadership role in regulating crypto, Bessent referred to the previous administration. He noted that an unregulated and renegade ecosystem sprang up outside the U.S., where illicit actors abused the value of the transfer systems, leading to a technological loss. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage
The post Crypto’s Move Toward Telegram Bots Is Picking Up and Hardbeed’s Already There appeared first on Coinpedia Fintech News The cryptocurrency space requires users to take instant action. Yet most dApps on the market are clunky and have complex interfaces, which can confuse users trying to react quickly to fast-moving market conditions. To address this challenge, many developers have shifted to using Telegram as a lightweight frontend for their crypto tools. By leveraging Telegram’s familiar messaging platform, they can streamline blockchain interactions while taking advantage of its real-time functionality, end-to-end encryption, and robust bot APIs that enable secure, instant updates – an ideal setup for the 24/7 crypto market. As of March 2025, Telegram has surpassed 1 billion monthly active users, with approximately 450 million engaging daily. Notably, 42% of these users interact with crypto-related content, highlighting Telegram’s pivotal role in the crypto community. Telegram bots like CoinMarketCap’s price tracker and Cointelegraph’s news feed now deliver market insights directly in chats, bypassing browser-based interfaces. While some bots focus on providing real-time data and insights – including price updates, news, and on-chain statistics, others go further by enabling trading, airdrop farming, and other interactive functions. Tools like Unibot and LootBot capitalize on Telegram’s intuitive design to reduce technical barriers and offer active engagement features. A 2024 MarketsandMarkets report projects the crypto bot market will reach $1.5 billion by 2027, with Telegram bots driving much of that growth due to their ease of use. This shift reflects a broader change in crypto tool design: prioritizing fewer buttons, automated processes, and mobile-friendly experiences. Hardbeed , a live stats feed for a fully on-chain binary options protocol on Ethereum, is one of the projects that chose to go “Telegram-first”. The bot monitors an on-chain system where users predict ETH/USDC price movements (up or down) in 1-minute rounds and delivers real-time data like round outcomes, transaction volumes, and address-specific activity, making complex blockchain events digestible. Today, we are going to see why developers are choosing to go pro-Telegram, the advantages and disadvantages of using Telegram as an interface, and explain how Hardbeed’s channel operates through this setup. Why Telegram? The Rise of Bot-First Crypto Tools Crypto developers and users are gravitating toward Telegram for its mobile-first, conversational interface. Unlike dApps that demand wallet integrations or technical know-how, Telegram bots deliver blockchain data and insights in a format as intuitive as texting. For newcomers, this lowers the entry barrier; for experienced traders, it offers speed, transparency, and convenience. Several bots now push market updates and on-chain data directly to Telegram chats, bypassing browser-based dashboards. Some also enable trading or airdrop farming via simple commands, while others focus on monitoring real-time stats, price movements, or contract activity. This trend reflects a user preference for lightweight tools that distill complex data into actionable insights, especially on mobile devices where most crypto activity now occurs. Telegram’s appeal lies in its flexibility. Its bot API supports real-time updates, ideal for tracking volatile markets or monitoring contract activity. End-to-end encryption ensures secure communication, while group chats increase community engagement. Traditional dApps, with their button-heavy layouts, require constant navigation. Bot-first tools, conversely, automate data delivery, serve users without friction, and eliminate the learning curve for beginners as they embed tools within a platform users already know. Hardbeed: Redefining On-Chain Insights via Telegram Unlike trading bots that execute orders or manage funds, Hardbeed tracks the performance and activity of an entirely on-chain binary options protocol. Through the protocol, users predict ETH/USDC price movements in 1-minute rounds by staking ETH directly via smart contracts and earning rewards for correct outcomes. Unlike custodial platforms, users retain full control of their funds – there are no deposits or platform-held balances. Each prediction is made through a single on-chain transaction from the user’s wallet. Payouts are automated and processed by smart contracts shortly after each round, typically within 3 to 20 blocks (around 1 to 5 seconds), removing the need for manual claims or third-party intervention. Outcomes are determined using transparent Uniswap v3 price data, allowing all results to be publicly verified. Hardbeed’s Telegram feed reports live stats, recent round results, trading volumes, and wallet-specific activity, making complex blockchain data accessible without requiring users to sift through Etherscan. This observation-only model sets Hardbeed apart. It aligns with platforms like Thales, which simplify DeFi interactions, but its focus on visibility rather than execution is unique. Beginners who aren’t familiar with dApp interfaces or blockchain explorers can follow crypto price prediction rounds via Telegram’s familiar UX. It does not require users to connect their wallets or submit KYC information; therefore, it broadens access for crypto-curious observers. Advantages and Disadvantages of using Telegram Bots as Interfaces for Crypto Projects Bots like Hardbeed provide easy access to cryptocurrency information, allowing users to track on-chain activity from their phones anywhere. They simplify complex data, making it easier to understand market movements, and foster community discussions through Telegram channels. However, on the other hand, they have limitations. Hardbeed’s simple design may not satisfy advanced users looking for detailed analytics. The text format with less visual cues, can also overwhelm users with too much information. Additionally, Ethereum ‘s fluctuating fees can discourage smaller users, highlighting challenges in scalability. The Future of Crypto Interfaces Hardbeed’s bot-first approach reflects a broader shift in crypto interface design: moving away from complex decentralized applications (dApps) toward simpler, automated conversational tools. Telegram’s dominance as a UX layer highlights that many users prefer streamlined solutions over feature-heavy platforms. Bots like Hardbeed are particularly effective at translating complex on-chain activity – such as prediction outcomes, transaction volumes, and wallet activity, into easy-to-understand insights. While text-based bots are limited by platform constraints, they offer real-time, accessible data without requiring users to navigate block explorers or dashboards. This approach lowers the barriers to understanding blockchain mechanics and promotes transparency without overwhelming users with technical complexity.
Ethereum’s price has seen a moderate recovery over the past week, tracking closely with the broader crypto market’s positive momentum. At the time of writing, ETH is trading at $1,820, reflecting a 3.3% increase over the last seven days and a 2.5% gain in the past 24 hours. While the asset remains well below its all-time highs, this gradual rise suggests a potential shift in sentiment among investors. The latest on-chain insights from CryptoQuant point to a notable trend developing within Ethereum’s staking ecosystem. Related Reading: Ethereum ‘Insanely Undervalued’ As Accumulation Addresses Keep Stacking – Is A Rally Imminent? Post-Pectra Staking Activity Marks Sentiment Shift According to analyst Kripto Mevsimi, the post-Pectra upgrade period has been marked by a reversal in staking flows. After a brief pullback ahead of the network update, ETH holders appear to be returning to staking, with fresh inflows suggesting renewed interest and confidence in Ethereum’s long-term direction. Mevsimi’s analysis shows that between November 16 and February 15, before the Pectra upgrade was publicly announced, Ethereum’s total staked supply dropped by over 1 million ETH. This retreat likely reflected investor uncertainty surrounding the update and broader market conditions. However, from mid-February to mid-May, staked ETH has increased by approximately 627,000 ETH, signaling a return of staking activity following Pectra’s implementation. The upgrade itself introduced important validator improvements and flexibility enhancements, including EIP-7002, which some analysts believe may pave the way for institutional adoption or potential ETF alignment. The renewed staking trend, while not yet dramatic in scale, appears to indicate an early phase of repositioning within the Ethereum ecosystem. Mevsimi suggests that this could mark the beginning of institutional preparation or a broader reassessment of Ethereum’s staking value proposition. With regulatory clarity still developing and macroeconomic uncertainty in play, the future of this trend remains fluid. However, the behavioral pivot post-upgrade may reflect strengthening structural support for Ethereum as a network. Ethereum Fee Revenue Declines Despite Price Recovery While staking metrics suggest a shift toward renewed engagement, Ethereum’s on-chain activity presents a more cautious picture. In a separate update, CryptoQuant analyst Carmelo Alemán highlighted a steep drop in the network’s fee revenue. Data from the Ethereum: fees (Total) metric reveals that daily fees have plummeted from 5,646 ETH on November 13, 2024, to just 292 ETH by May 6, 2025—a 94.82% decline. This dramatic reduction in fee generation impacts validators directly, as it lowers rewards tied to securing the network. Alemán notes that the decline may also be linked to reduced demand for block space, fewer transactions, or increasing user migration to Layer 2 platforms such as Arbitrum, Optimism, or zkSync, where fees are typically much lower. Related Reading: Ethereum Spot Volume Declines While Long-Term Holders Continue Accumulating The contrast between rising staking activity and declining fee revenue highlights a complex environment in which investors appear confident in Ethereum’s long-term potential despite a near-term slowdown in on-chain engagement. Featured image created with DALL-E, Chart from TradingView
SlowMist has reported a significant incident involving the ransomware group LockBit, which has fallen victim to a cyberattack. Hackers breached the group’s onion site, gaining access to the admin panel
South Korean crypto exchange Upbit has announced new trading support for Celestia (TIA) and io.net (IO) and expanded its listing services on the Korean won (KRW), Bitcoin (BTC), and Tether (USDT) markets. Upbit Adds Marketplace Support for Celestia (TIA) and IO.net (IO) Listing Details Celestia (TIA) will be available for trading on KRW, BTC, and USDT trading pairs. IO.net (IO) is only supported on BTC and USDT trading pairs. Upbit advises users to carefully check network compatibility before depositing funds, reminding that deposits cannot be made on unsupported networks and may result in delays or loss of funds. To ensure market stability during the initial listing, the following restrictions will be implemented: Buy orders will be restricted for approximately 5 minutes after trading begins. Sell orders priced less than 10% below the previous day's closing price will be restricted for 5 minutes. Only limit orders will be accepted for the first hour after listing. Reference prices and further updates can be found on Upbit's official channels. What is Celestia (TIA)? Celestia is a modular data availability (DA) network built using the Cosmos SDK. Designed to simplify blockchain deployment, the network enables rollups and Layer 2 solutions to leverage the DA layer. Celestia uses Data Availability Sampling (DAS) and Namespaced Merkle Trees (NMTs) to increase efficiency and scalability. It is known for helping solve the blockchain triangulation problem thanks to its modular design. What is IO.net (IO)? io.net is a decentralized GPU network that aims to provide high-performance computing resources to developers building machine learning applications. By bringing together over one million GPUs from miners, data centers, and individual users, io.net increases the scalability and efficiency of AI computing infrastructure. The IO token is used for payments, staking, and incentivizing providers of computing resources. *This is not investment advice. Continue Reading: South Korean Crypto Exchange Upbit Announces Listing of Two New Altcoin Trading Pairs! Here Are the Details