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APE reentered the top 100 altcoins after the massive surge in the past day.
Share link:In this post: Nate Geraci believes Bitcoin ETFs could overtake Gold ETFs’ net flows within 2 years. Bitcoin cumulative inflows have now reached $21 billion after a week with $2 billion inflows. SEC approving BTC ETF options for all ETFs could bring in new capital and investors.
Share link:In this post: ETH might struggle to reach $10k by 2030 if L2 networks continue to get most of the revenue. VanEck research projects that Ethereum might need to adjust its roadmap to address L2 value extraction. ETH is up 9% in the past seven days even as it underperforms compared to major L1 tokens.
Share link:In this post: Inflation in the U.S. has dropped, but history shows it can easily surge again, just like in the 1970s. Key factors like rising wages, government debt, and oil supply issues could fuel inflation’s return. The surge in gold prices suggests that inflation may be far from over and a recession could hit the U.S. economy again soon.
- 21:00WalletConnect Token Expands to Solana and Will Airdrop 5 Million WCTFollowing the launch of Ethereum and Optimism's OP mainnet, WalletConnect's WCT token has been launched on Solana. The WalletConnect Foundation will airdrop 5 million WCT to active Solana users through partners such as Phantom, Jupiter, Backpack, and Solflare. Founder and director Pedro Gomes stated that these 5 million tokens are part of the 185 million WCT airdrop reserved by the foundation last September. The foundation mentioned that this will be the second large-scale WCT airdrop, following the distribution of 50 million tokens to the WalletConnect community in the first quarter of last year. The airdrop claim for Solana users will open this summer, with eligibility criteria, distribution schedule, and claim instructions to be announced in the coming weeks. WCT is currently trading at approximately $0.60, making the airdrop worth about $3 million at current value.
- 20:23David Sacks to Attend Bitcoin 2025 Conference Alongside Winklevoss TwinsOn May 24, according to official news from the Bitcoin Conference, David Sacks, the White House's head of cryptocurrency and artificial intelligence, will attend the Bitcoin 2025 Conference on May 27 to share insights on Bitcoin and the crypto industry alongside the Winklevoss brothers. The Bitcoin 2025 Conference will be held from May 27 to 29 at the Venetian Conference Center in Las Vegas, USA.
- 19:37Celestia announces integration with Hyperlane for its native interoperability solutionOn May 24, modular blockchain Celestia announced the integration of Hyperlane as its native interoperability solution. Native TIA will expand to platforms such as Ethereum, Solana, Base, Arbitrum One, Eclipse, and Abstract, supported by Hyperlane.