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Bitcoin Price Watch: On the Verge of History With Only 7.44% Left to Break All-Time High

Coins Legend May 8, 2025 0

Bitcoin’s price is coasting along at $101,251 on May 8, 2025, leaving a 7.44% gap before reaching its all-time high. With a market capitalization of $2.01 trillion and a 24-hour trading volume of $58.84 billion, bitcoin’s current positioning reveals a complex but bullish technical landscape, as

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Bitcoin Hits $100K as Institutional Money Pours In

Coins Legend May 8, 2025 0

The last time the cryptocurrency topped six figures was in February shortly after reaching its all-time high of $109,114.88 in late January. BTC Breaks $100K Barrier as Institutions Dive In Bitcoin ( BTC) broke through the $100K barrier on Thursday morning, as net cumulative inflows for spot BTC exchange-traded funds (ETFs) peaked at $40.72 billion […]

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Bitcoin ETFs Bounce Back With $142 Million Inflow While Ether ETFs See Another Red Day

Coins Legend May 8, 2025 0

Bitcoin ETFs snapped back with a $142 million inflow after Tuesday’s dip, led by strong interest in ARKB and FBTC. Ether ETFs, meanwhile, continued their slide with a $21.77 million outflow driven solely by Blackrock’s ETHA. Bitcoin ETFs Rebound Strong But Ether ETFs Hit by $21.77M Outflow The bulls returned to bitcoin ETFs midweek, pushing […]

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Trump Rips Fed Chief as ‘Fool’ After Rate Freeze, Declares ‘Golden Age’ Is Coming

Coins Legend May 8, 2025 0

On Thursday, U.S. President Donald Trump blasted the Federal Reserve and its Chair, Jerome Powell, after the central bank kept the federal funds rate unchanged the day prior. He hopped onto social media via Truth Social and branded Powell a “fool.” Trump Torches Fed Boss Over Inflation Moves President Trump has once again lobbed colorful […]

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Asia Gaming Invests $50 Million in WillBet – A Bet on the Future of Global Gaming

Coins Legend May 8, 2025 0

This content is provided by a sponsor. PRESS RELEASE. In a move reminiscent of SoftBank’s legendary 8-minute decision to back Jack Ma, Asia gaming has announced a $50 million strategic investment in WillBet, signaling a major shift in the global betting landscape. This was not a decision made lightly. AG Gaming conducted extensive due diligence […]

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Bitcoin Blasts Past $100K as Trump Hints at Global Trade Deals

Coins Legend May 8, 2025 0

Bitcoin cracked the $100,000 ceiling on Thursday for the first time since February, notching a high-water mark that had traders buzzing. During the morning stretch, it floated near $99,800 before catapulting to an intraday top of $101,454. The breakout rides the wave of buoyancy in U.S. equities after Trump announced that fresh trade agreements with […]

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HTX and Justin Sun Launch $6M Mars Program Special Edition, Offering One User a Historic Space Journey

Coins Legend May 8, 2025 0

This content is provided by a sponsor. PRESS RELEASE. Singapore, May 8, 2025 – HTX, a leading global cryptocurrency exchange, has launched the Mars Program: Special Edition, a landmark campaign that will send one user on a $6 million space voyage, fully sponsored by Justin Sun, Advisor to HTX, and Founder of TRON. The campaign […]

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Report Exposes 98.6% of Solana Meme Coins on Pump.fun as Fraudulent 

Coins Legend May 8, 2025 0

A new report by blockchain analytics firm Solidus Labs reveals that 98.6% of tokens launched on Solana’s Pump.fun and 93% of liquidity pools on Raydium exhibited signs of fraudulent activity, including pump-and-dump schemes and rug pulls. Solana’s Low Fees Fuel Explosion of Meme Coin Fraud, Research Shows The findings, detailed in Solidus Labs’ “2025 Rug […]

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Alpen Labs Launches Bitcoin-Backed Stablecoin to Boost Censorship Resistance

Coins Legend May 8, 2025 0

Alpen Labs has introduced the bitcoin dollar (BTD), a bitcoin-collateralized stablecoin built on zero-knowledge rollup technology, aiming to provide a censorship-resistant alternative to centralized stablecoins. ZK Rollups Power Alpen’s New Bitcoin-Backed Stablecoin The bitcoin dollar (BTD) will operate as an over-collateralized stablecoin pegged to the U.S. dollar, using

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Crypto Consolidation: Coinbase to Acquire Deribit for $2.9B

Coins Legend May 8, 2025 0

Coinbase Global has agreed to acquire Deribit, the world’s largest bitcoin and ether options platform, for approximately $2.9 billion in cash and stock. $2.9 Billion Deal: Coinbase Buys Top Bitcoin Options Platform The deal, if finalized, will mark one of the largest acquisitions in cryptocurrency history, significantly expanding Coinbase’s derivatives offerings. Deribit