Price predictions of major cryptocurrencies

Key points: Bitcoin price hangs near $97,000 as traders await today’s FOMC minutes. Bitcoin holding $95,000 as support is key for bullish price expansion in the short term. Select altcoins are holding their respective support levels, opening the gates for a short-term rally. Bitcoin (BTC) bulls are trying to knock down the immediate resistance at…

SocialFi has failed to take off — Here’s what needs to change

Opinion by: Anurag Arjun, co-founder of Avail  On paper, SocialFi is a no-brainer. It promises to shift the balance of power in social media — giving people control over how their content and personal data are used and monetized. It even offers users a stake in the $200+ billion social media advertising market, a pie…

Here’s what happened in crypto today

Today in Crypto, Ethereum developers have activated the network’s Pectra upgrade, bringing smart accounts, higher staking limits and improved scalability through key Ethereum improvement proposals (EIPs), US Democrats have launched a new assault targeting President Donald Trump’s involvement in various memecoin and crypto ventures, and New Hampshire has greenlit state crypto investments. Ethereum’s “Pectra” network…

Crypto miner deserts Pennsylvania site, fails to plug wells: Report

Cryptocurrency miner Diversified Energy quietly vacated a natural gas-powered crypto mining site in Elk County, Pennsylvania, reportedly leaving behind unplugged wells and regulatory violations. The site, known as Longhorn Pad A, was revived in 2022 after sitting dormant for nearly a decade when Diversified began using it to fuel on-site generators powering cryptocurrency mining computers,…

Why is Bitcoin price up today?

Key takeaways: Bitcoin gained 2% to $96,530 on May 7, fueled by US-China trade deal hopes. BTC price rises with $83.6 million in short liquidations, with open interest up 26% to $64.4 billion, signaling strong bullish momentum. A classic bullish reversal pattern is still in play, targeting BTC price at $100,000 and beyond. Bitcoin (BTC)…

Weekly Price Overview: VeChain, May 3

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. VeChain is the fifteenth-best token in terms of…

Bitcoin at $97K, Cardano’s ADA Gains Ahead of Fed Meeting

Bitcoin surged above $97,000 late Tuesday, then slid to $96,500 in Asian hours Wednesday as India conducted airstrikes in parts of Pakistan to intensify tensions from the past few weeks. A planned meeting to discuss U.S. and China tariffs sent risk assets higher in the hours since the U.S. stock market closed on Wednesday, as…

Bitcoin could rally regardless of what the Federal Reserve FOMC decides this week: Here’s why

Key Takeaways: The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While the consensus points to no change in interest rates, Bitcoin (BTC) and altcoins could see gains if the US Treasury is compelled to inject liquidity to stave off…

Bitcoin could rally regardless of what the Federal Reserve FOMC decides this week: Here’s why

Key Takeaways: The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While the consensus points to no change in interest rates, Bitcoin (BTC) and altcoins could see gains if the US Treasury is compelled to inject liquidity to stave off…

Senate Democrat Opens Investigation Into Trump’s Crypto Businesses

The leading Senate Democrat on a panel tasked with investigating corruption and mismanagement is scrutinizing U.S. President Donald Trump’s recent crypto activities and whether they’re part of a “pay-to-play scheme to provide access to the Presidency to the highest bidder.” Richard Blumenthal, the ranking Democrat on the Senate Permanent Subcommittee on Investigations — a panel…