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TAO’s new token system allows users to actively participate in the governance system by staking the asset. The community stays positive on TAO’s upward trajectory, which could help the asset. Press-time data showed Bittensor [TAO] making an upward move to the high region as it gained 2.64%. This recent move comes amid the asset’s 17.78% rally in the past week. Market analysis shows that community interest in TAO aligns with its ecosystem update, adding to the potential for a major market rally. Ecosystem update turns out positive The market sentiment for TAO has remained bullish following the implementation of its…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Cardano (ADA) is hovering at $0.71, but the weekly structure that veteran chartist Maelius (@MaeliusCrypto) published on X suggests that the lull may be only a pause before the next leg higher. The analyst’s chart compresses seven years of…

USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29.The approval moves Circle closer to obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the United Arab Emirates, the firm said in an official press release.Jeremy Allaire, Circle’s Co-Founder and CEO, said the approval “advances our strategy to establish deep roots in markets embracing the onchain economy.” He added:“It also underscores Circle’s enduring commitment to global stablecoin oversight—strengthening trust, compliance, and…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Technical analysis shows that Ethereum’s price action is currently completing a market structure that shows signs of revival. After weeks of struggling below key levels, Ethereum now appears to have completed a market structure break, with a technical analyst…

A prized painting by Mark Rothko on display in the Museum Boijmans Van Beuningen in Rotterdam was damaged by a child who made “small scratches” on its surface. The work, titled Grey, Orange on Maroon, No. 8 (1960), is housed in the Depot, a storage facility that is open to the public and located next to the main building. The incident occurred during an “unguarded moment,” the museum told the Dutch news outlet Algemeen Dagblad, which said the painting was worth as much as €50 million (roughly $57 million). According to a press statement from the institution, the work sustained superficial…

P2P.org becomes the latest Super Representative (SR) on the TRON network. This makes the staking provider a node validator on the network.  It enables P2P.org to bring institutional staking services to the market.  Leading validation and staking provider P2P.org has officially been selected as a TRON Super Representative (SR) Validator. The move follows the recent SR election period that saw the staking provider become one of the top 27 candidates. This expands P2P.org’s validation services to over 40 supported networks, including Ethereum and Avalanche.  More importantly, by becoming a staking provider and node validator on TRON, P2P.org establishes a new…

On April 29, 2025, Phoenix Group announced, in a press release sent to Bitcoin Magazine, that it has added fifty-two megawatts of Bitcoin mining capacity in Ethiopia, increasing its total in the country to one hundred and thirty-two megawatts. With this development, Phoenix Group now operates more than five hundred megawatts globally. This heavily strengthens their reputation as one of the world’s top ten Bitcoin miners, and gives them ample opportunities to stay a big player in the Bitcoin mining industry. This expansion follows an earlier eighty megawatts power purchase agreement that actually started Phoenix Group’s entry into the Ethiopian…

Dear Ethereum explorers, Announcements are coming one after another as we get closer to Devcon. Today we’re thrilled to announce the launch of a quadratic funding round for SEA communities by clr.fund! We see the excitement and grassroots energy in Southeast Asia growing and have witnessed the passion from local builders firsthand during our SEA tour in April. A special initiative: Quadratic funding for SEA communities 👏 Southeast Asian Ethereum communities are organizing a quadratic funding round together with clr.fund specifically for the region! The Devcon team is proud to support this initiative by contributing to the matching pool with…

Welcome back to Chain Reaction, a podcast that unpacks and dives deep into the latest trends, drama and news with some of the biggest names in crypto breaking things down block by block for the crypto curious. For this week’s episode, Jacquelyn interviewed Gary Vaynerchuk, better known as Gary Vee. He is the chairman of VaynerX and CEO of VaynerMedia and NFT collection VeeFriends. The inspiration behind VeeFriends began between 2018 and 2019 when Vaynerchuk originally wanted to start a line of desktop toys for “positive reinforcement.” The idea derived from the thousands of direct messages he receives monthly from…

Bettors on prediction platforms Polymarket and Kalshi are flipping bearish on the US economy. As of April 29, both platforms are predicting that the US will log an economic contraction during the first quarter of 2025 in an upcoming economic data release. The US has logged positive growth figures every quarter since 2022, and a reversal in that trend could mark the start of a recession.The pessimistic outlook marks a stark sentiment shift for prediction markets, which had recently anticipated a positive US growth report. On April 29, consensus Q1 US growth estimates on Kalshi, a US derivatives exchange, plunged…