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Pi Network’s price remains under pressure at $0.63, with investors pulling back despite its mainnet migration roadmap. The next few days will determine if the altcoin can avoid a deeper decline.
PIXEL is making a dramatic comeback with a 150% price surge in April, defying the GameFi downturn. Strategic updates and a social buzz have reignited investor interest in this pixel-art game on Ronin.
Ethereum's value relative to Bitcoin just hit a 5-year low, fueled by aggressive sell-offs from major institutions. With weak staking yields and rising BTC dominance, ETH faces mounting headwinds despite long-term growth prospects.
Solana (SOL) has outperformed its peers in the top 5 in the past week as the Fartcoin hype pushed transaction volumes higher.
- 04:59Movement Labs Announces the Dismissal of Rushi MancheAccording to a report by Jinse Finance, Movement Labs has removed co-founder Rushi Manche from his position, and the project will continue under a new leadership team. Details regarding the leadership changes and the new governance structure will be announced soon.
- 04:38Overview of Important Developments on May 7th at Noon7:00-12:00 Keywords: People's Bank of China, Metaplanet, NEAR ETF, Futu Securities 1. The People's Bank of China announced interest rate cuts and reserve requirement ratio reductions; 2. The U.S. Senate launches an investigation into Trump's cryptocurrency activities; 3. Japanese listed company Metaplanet increased its holdings by 555 Bitcoins again; 4. Bitwise has submitted a listing application for a spot NEAR ETF to the U.S. SEC; 5. U.S. Senators propose the MEME Act to prohibit the President and Congress members from issuing Meme coins; 6. Digital asset infrastructure platform Fuze completed a $12.2 million Series A financing round, led by Galaxy.
- 04:22DeFi Technologies Financial Report: Valour's AUM Rises to Nearly CAD 1 Billion, BTC, ETH, and SOL Holdings UnchangedPANews reported on May 7, according to PRNewswire, DeFi Technologies announced its financial status data as of April 30, 2025. It disclosed that thanks to the rise in digital asset prices, the assets under management of its digital asset ETP issuing company, Valour, have risen to 988 million CAD (approximately 715 million USD). Except for some adjustments in altcoin holdings, the main digital asset holdings remained unchanged, including: 208.8 BTC (19,459,046 USD), 121 ETH (213,761 USD), 14,375 SOL (2,156,573 USD), 433.322 AVAX (9,701,160 USD), 1,822,703 CORE (1,199,885 USD), 1,286,683 ADA (944,039 USD), 490.5 UNI (2,886 USD).