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1Bitget Daily Digest (May 6)｜US Senate Split on Stablecoin Legislation, Ethereum’s Pectra Upgrade Approaching2Research Report｜New XAI GORK Project Deep Dive & Market Cap Analysis3Pi Network Token Shows Signs of Recovery as Traders Bet on $1 Rally
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
XRP Future Price Prediction: ETF Rumors Reignite 10x Bull Case – Here’s What Traders Expect
XRP price poised to surge as ETF approval odds hit 85% – is a breakout to new all-time highs just around the corner?
CryptoNews·2025/05/02 18:55
Flash
- 08:01Cryptocurrency Staking Service Provider Figment Seeks Expansion with Plans for $100-200 Million AcquisitionAccording to Bloomberg, cryptocurrency staking service provider Figment is actively seeking acquisition opportunities, targeting transaction sizes between $100 million and $200 million. The company's CEO, Lorien Gabel, revealed that the acquisitions will mainly focus on projects with strong positions in specific regions or blockchain ecosystems, and several letters of intent have been issued. Figment currently manages staking assets of approximately $15 billion and hopes to further expand its business following the approval of Ethereum staking ETFs in the US. This move is the latest development in the wave of industry mergers and acquisitions driven by Trump's pro-cryptocurrency policies.
- 07:57BlackRock iShares Bitcoin Trust ETF increases holdings by over 41,000 Bitcoins in two weeks, valued at approximately $3.92 billionAccording to Lookonchain data, BlackRock's iShares Bitcoin Trust ETF has increased its holdings by 41,452 bitcoins, valued at approximately $3.92 billion, over the past two weeks. Its total holdings now amount to 614,639 bitcoins, with a total value of approximately $58.07 billion.
- 07:54Analyst: Bitcoin Short-Term Holders Have Not Yet Taken Significant Profits to Create Selling Pressure, Upward Momentum Still AccumulatingOn May 6, CryptoQuant analyst Axel Adler Jr. posted on social media stating that short-term Bitcoin holders (holding for 1 to 3 months) represent the most aggressive market participants, including professional speculators trading Bitcoin through ETF brokers. In the current bull market cycle, their net unrealized profit/loss (NUPL) typically rises to over 40%, after which they begin to take profits, creating selling pressure in the spot market. Currently, the NUPL for this group is 8%, and their 30-day simple moving average (SMA) remains negative, staying at -2%. The selling pressure from this group will remain at a low level until the NUPL breaks through 40%, which is considered a bullish signal.