After a quiet 70 days, XRP’s price began to rise noticeably in the first week of May. It gained over 3% mid-week, largely due to reports suggesting a possible easing of tensions in the Middle East. According to TradingView, the market reacted to this news faster for XRP than for other cryptocurrencies, pushing its price above the $1.43 level, as indicated by the median Bollinger Bands.
Colombia Plans Bitcoin Mining Hub with Clean Energy Colombian President Gustavo Petro wants to make the Caribbean coast a center for Bitcoin mining. His plan involves using extra renewable energy, particularly from hydroelectric power in cities like Santa Marta, Riohacha, and Barranquilla. Colombia currently gets about 75% of its electricity from renewable sources, with over … Read more
Bloomberg reports that the bank is testing a new fee for E*Trade customers: 50 basis points per transaction. This is cheaper than competitors like Coinbase, Robinhood, and Charles Schwab, who charge between 60 and 95 basis points.
Apparently, $63 million went to custody provider Cobo, and $30 million ended up in OKX-linked addresses. Which, let’s be honest, is the crypto equivalent of hiding your veggies in the trash so your mom thinks you ate them.
Robert Kiyosaki, author of Rich Dad Poor Dad, has been predicting a financial crisis for retirees since 1974. He recently posted on X that he anticipates millions of Baby Boomers facing job losses and money problems in 2026, potentially leading to widespread homelessness. It’s important to note that this is Kiyosaki’s personal prediction and isn’t based on official market analysis.
On May 6, Upbit, with the gravity of a town crier, announced that WIF trading would grace its KRW, BTC, and USDT markets. A boon for Dogwifhat, this move opens the gates to one of Asia’s most frenzied crypto arenas. Yet, one must ask: is this a stage or a slaughterhouse?
Intersect, a community group within the Cardano network, has announced that the van Rossem upgrade has been launched on the testnet for initial evaluation.
In a chat with BeInCrypto, Carl and David Wulschner of Crypto Familie had a little heart-to-heart about creator responsibility. Spoiler alert: they didn’t agree on everything, but at least they didn’t dodge the question like it’s a tax bill.
Imagine, if you will, a gambler who cares not whether the roulette wheel lands on red or black, but rather on the very spin itself, the exhilarating unpredictability of it all. Such is the allure of these new futures, allowing traders to wager on the amplitude of Bitcoin’s gyrations without committing to its ultimate destiny.
As of May 6th, Ethereum is priced at $2,378. Three different sources of market data all confirm this price point, offering similar perspectives.