Author: Isabella Taylor

PancakeSwap price jumped more than 9% in 24 hours as the decentralized exchange saw its daily trading volume spike to a high of $2.2 billion, leading the sector. The price of PancakeSwap (CAKE) topped $2.37, the decentralized exchange’s native token rising as crypto joined stocks in climbing amid fresh investor optimism on trade talks between the U.S. and China. While the upside that helped Bitcoin (BTC) break above $103k cascaded into the altcoin market to buoy PancakeSwap, there’s been notable bullishness around CAKE  Since the token’s dip to and bounce from lows of $1.61 on April 7, buyers have retested…

Pepe price continued its strong surge on Friday, reaching its highest level since January, and technicals point to more gains.  Pepe (PEPE) surged to a high of $0.00001390, up by 160% from its lowest level in March, making it one of the best-performing meme coins. The surge happened as Ethereum (ETH) short-squeezed and reached its highest level since March 3. Pepe and other Ethereum meme coins tend to perform well when Ether is in an uptrend. It also coincided with a broad rally in crypto and stock markets ahead of a meeting between U.S. and Chinese officials in Switzerland. The…

Coinbase has launched 24/7 Bitcoin and Ethereum futures trading for U.S. users through its CFTC-regulated arm, Coinbase Derivatives, marking a first in the regulated U.S. derivatives market.  Starting May 9, traders can now access crypto futures around the clock, including weekends, offering constant execution and risk management capabilities. This development arrives just one day after Coinbase announced its $2.9 billion acquisition of crypto derivatives exchange Deribit, reinforcing its ambitions in the global derivatives market.  The round-the-clock futures product — available to both retail and institutional users — brings regulated crypto markets closer to the always-on nature of digital assets. Coinbase…

A group of Democratic U.S. senators is calling for a federal investigation into Binance’s connections with the Trump family’s cryptocurrency venture, World Liberty Financial. This investigation request following a $2 billion investment that raised compliance concerns, according to Bloomberg reporting. In a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi, Senators Elizabeth Warren, Chris Van Hollen, Sheldon Whitehouse, and Richard Blumenthal requested a review of the transaction, Binance’s U.S. exit plans, and whether a pardon for former CEO Changpeng Zhao is under consideration. The letter follows revelations that Abu Dhabi-based firm MXG used USD1—a stablecoin issued by…

U.S. stocks erased their gains from earlier in the trading day, as traders became increasingly cautious ahead of trade talks between the U.S. and China. Despite some positive news on the trade front, investors remain skeptical. On Friday, May 9, major U.S. stock indices were down across the board. The Dow Jones lost nearly 200 points or 0.48%, the S&P 500 fell 0.24%, while the tech-focused Nasdaq declined 0.19%. The markets are eagerly awaiting developments in trade talks between the U.S. and China. U.S. President Donald Trump signaled that he was prepared to lower tariffs on all Chinese goods to…

Aave Labs has announced a collaboration with Ant Digital Technologies in an effort aimed at building a custom RWA market on Ethereum. The partnership involves Horizon, an institutional-grade decentralized finance products platform launched by Aave Labs earlier this year. Aave (AAVE) founder Stani Kulechov said in an announcement on May 9 that the new market will target qualified users, allowing them to borrow stablecoins with their tokenized real world assets as collateral. “I‘m pleased to announce Horizon’s strategic collaboration with Ant Digital Technologies, one of the largest blockchain technology services providers in the world,” Kuchelov posted on X. “We will…

Bitcoin and US stocks jumped this week as a risk-on sentiment prevailed ahead of the US and China trade talks in Switzerland.  Bitcoin (BTC) surged to $104,000 for the first time in months, while the Dow Jones Index peaked at $41,360, its highest point since April 3. There are signs that the stock and crypto markets are entering a bull market as trade risks fall and the odds of interest rate cuts rise.  Dow Jones vs Bitcoin: Why BTC wins Bitcoin and the Dow Jones are significantly different assets. Established in 1896, the Dow is the oldest index in the…

U.S. stocks ended the week mixed, with investor sentiment cautious ahead of scheduled trade talks between U.S. and Chinese officials in Switzerland this weekend.  The Dow Jones Industrial Average fell 0.3%, while the Nasdaq Composite edged up 0.0043% while the S&P 500 hovered near the flatline down 0.07% The trading action follows a preliminary U.S.-U.K. trade agreement, but new tariff rhetoric has kept markets jittery. U.S. President Donald Trump floated an “80% Tariff on China” via Truth Social, a step down from the current 145% but still above the sub-60% expectations reported earlier in the week. “Progress this week was…

BlackRock has held a high-level meeting with the U.S. Securities and Exchange Commission’s Crypto Task Force to discuss key regulatory issues shaping the future of digital assets.  The meeting, outlined in a memo, focused on staking, tokenization, and crypto ETF standards—topics critical to the ongoing evolution of the cryptocurrency market. The $10 trillion asset manager, which recently reported $32 million in Q1 revenue from its iShares Bitcoin Trust, is expanding its presence in crypto.  BlackRock disclosed in its Q1 2025 13F filing that it held $5.4 billion in Bitcoin-related equities. Most of this exposure was tied to its investments in…

Cathy Yoon commended Commissioner Peirce’s remarks on crypto regulation but expressed concerns over her idea of a regulatory sandbox. The Securities and Exchange Commission has radically shifted its policy on crypto, bringing voices such as that of Commissioner Hester M. Peirce to the forefront. However, some still believe that her pro-crypto approach has important limitations. Cathy Yoon, General Counsel at Wormhole Foundation, recently commented on the remarks made by Commissioner Peirce. While she agreed to some extent that regulatory exemptions for crypto are needed, she criticized Peirce’s idea of a regulatory sandbox. Notably, the debate centers around tokenized securities, which…