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1Bitget Daily Digest (May 7)｜New Hampshire Passes Strategic Bitcoin Reserve Bill; FOMC Decision & Powell’s Speech May Act as Catalysts2Bitcoin hits $97K as China injects $138B and Fed ramps bond purchases3SUI Cryptocurrency Surpasses Expectations and Challenges Cardano in Layer 1 Blockchain Competition
Long-term BTC holders are back in accumulation mode
Share link:In this post: The period of capitulation and spot selling has ended, and almost all wallet cohorts either hold or accumulate. 87.6% of the BTC supply is in profit, as the coin consolidates around $97,000. Short term buyers are in the money, feeling less pressure for wallets aged less than one month.
Cryptopolitan·2025/05/02 22:11
US stocks surge as jobs data eases recession fears, S&P 500 eyes 20-year win streak
Share link:In this post: The S&P 500 jumped 1.5% on Friday, heading for its longest winning streak since 2004. April payrolls beat expectations with 177,000 jobs added, easing recession fears. Apple dropped 3% after missing revenue targets, while Amazon rose slightly.
Cryptopolitan·2025/05/02 22:11
XRP Whale Activity Surges With Billions in Binance Deposits Per Day
CryptoNewsNet·2025/05/02 20:00
Three Key Scenarios for Bitcoin Price in 2025 – Could BTC Hit $175,000?
CryptoNewsNet·2025/05/02 20:00
Hedera (HBAR) Struggles to Build Bullish Pattern in Tight Range
CryptoNewsNet·2025/05/02 20:00
PepeX presale raises $1.83 million as Solana memecoins rally
Coinjournal·2025/05/02 19:22
ETF speculation around Dogecoin, XRP drives spike in investor optimism
Coinjournal·2025/05/02 19:22
Ethereum price prediction 2025–2030: ETH could reach $5,925 if upgrades succeed
Coinjournal·2025/05/02 19:22
Bitcoin Price Prediction: The Stock Market Just Sent a Major Buy Signal — Time to Buy?
CryptoNews·2025/05/02 18:55
$IMX Soars 24% in 4-Hour Rally – Can Immutable Lead the Next Web3 Gaming Boom?
CryptoNews·2025/05/02 18:55
Flash
- 15:21Gnosis Chain: xDAI Bridge to Adopt USDS as Default Token on Ethereum Chain, Migration Effective June 8ChainCatcher reports that Gnosis Chain announced on platform X that third-party applications need to take action as the xDAI bridge contract is undergoing a critical upgrade: on Ethereum, DAI will be replaced by USDS as the default accepted token, while xDAI will continue to be minted on Gnosis Chain. Third-party applications must complete integration with the new Bridge Router contract on Ethereum by June 8, 2025.
- 15:20Arizona Senate Approves Bitcoin Reserve Bill SB 1373 and Sends it to the GovernorAccording to a report by Jinse Finance, as reported by Bitcoin News, the Arizona Senate has approved the Bitcoin Reserve Bill SB 1373 and sent it to Governor Katie Hobbs for a final decision. Previously, it was reported that the Governor of Arizona vetoed the state's strategic Bitcoin Reserve Bill SB 1025.
- 15:20Data: Today's US Bitcoin ETF sees a net outflow of 132 BTC, while Ethereum ETF experiences a net outflow of 10,287 ETHAccording to Lookonchain monitoring, 10 US Bitcoin ETFs had a net outflow of 132 BTC today, with Grayscale GBTC accounting for an outflow of 181 BTC. Currently, GBTC holds 190,229 BTC, valued at $18.46 billion. 9 Ethereum ETFs experienced a net outflow of 10,287 ETH, with Fidelity accounting for an outflow of 9,991 ETH. Currently, Fidelity holds 413,405 ETH, valued at approximately $755.7 million.