Author: James Wilson

Cardano is gaining bullish traction after bouncing off its 20-day moving average, signaling a potential trend shift as the network quietly claims the top spot in blockchain developer activity. Data from blockchain analytics platform Cryptometheus shows Cardano (ADA) recorded 21,440 GitHub commits across 550 repositories, ranking it #1 in developer activity over the recent period. By contrast, Ethereum (ETH) saw 20,998 commits across 278 repositories. In the past 7 days, Cardano had 29 developers making 228 commits, compared to Ethereum’s 15 developers and 199 commits. This surge points to deeper ecosystem engagement and reflects growing confidence in Cardano’s long-term roadmap.…

Tezos has successfully activated Rio, its 18th protocol upgrade, marking another milestone in the blockchain’s Tezos X roadmap.  The upgrade was approved through the network’s on-chain governance process, with participation from validators and community members, and aims to enhance staking flexibility, support growth on Layer 2, and strengthen the network’s validator framework. A key feature of the Rio upgrade is a reduction in the Tezos’ (XTZ) cycle length—from approximately three days to just one, according to a note shared with crypto.news.  This change significantly shortens the time users must wait when moving funds between staking and other network activities, such…

Eric Trump talks to World Liberty Financial’s Zach Witkoff and Tron creator Justin Sun about how the institutional banks will be left ‘in the dust’ if they fail to embrace crypto. On May 1 during Token2049’s fireside chat session, Eric Trump opened up about how he and his family were “canceled” by the modern financial system, which led him to discover the world of cryptocurrency. “Modern finance is absolutely broken. And so when the banks came after our family, I’ll never forget it, we became the most canceled people in the world all because we’re associated with politics in the…

Ethena will integrate its sUSDe stablecoin into the TON blockchain under the name tsUSDe, making it available for Telegram’s one billion users. Announced during the Token2049 on May 1, Ethena (ENA) Labs founder Guy Young and The Open Platform CEO Halil Mirakhmed declared that Ethena’s synthetic stablecoin USDe and its yield-generating counterpart sUSDe will be available on the Telegram ecosystem. As part of its collaboration with TON (TON) Foundation, USDe (USDE) and sUSDe will be directly embedded into Telegram’s native wallet as well as in the TON Space wallet, a self-custodial wallet integrated into the messenger. Introducing the product for…

Does the Bitcoin halving hit all miners equally? As power costs diverge globally, can high-cost countries stay in the game? And what happens if mining concentrates too far in too few hands? One coin, many realities A Bitcoin (BTC) is always worth the same on paper. Whether it is mined in Nigeria or Norway, it holds the same market value. But the cost, effort, and practicality of mining that coin vary dramatically depending on location. According to data compiled by NFT Evening, the cost to mine one Bitcoin now ranges from just above $8,000 in Ethiopia to more than $320,000…

Regulatory shifts and increasing client demand prompted Morgan Stanley to start building a crypto trading feature for its E*TRADE platform. Latest regulatory shifts have prompted traditional financial institutions to bet on crypto. On May 1, reports surfaced that global asset manager Morgan Stanley is planning to offer crypto trading services to its E*TRADE clients. According to Bloomberg, the asset manager is already building a crypto trading feature for the platform. The planned launch of the feature is in 2026, when crypto trading will be available for all of its 5.2 million retail clients. Morgan Stanley joins other investment giants in…

Metaplanet is doubling down on Bitcoin with a planned expansion into the U.S., aiming to raise $250 million and position itself as a global force in corporate Bitcoin adoption. In a May 1 post on X, Metaplanet CEO Simon Gerovich revealed that the company will establish a wholly owned subsidiary, Metaplanet Treasury Corp., in Florida, as part of its global expansion strategy. Gerovich noted that this move will accelerate the firm’s Bitcoin (BTC) treasury plans and expand access to U.S. capital markets. “Florida is rapidly emerging as a global hub for Bitcoin innovation, corporate adoption, and financial liberalization,” Gerovich said,…

Bitcoin has reclaimed $96,000, a level not seen since late November 2024, driven by robust institutional demand and easing macroeconomic fears. Bitcoin (BTC) rallied nearly 20% from its April low of $79,000, fueled by $381 million in ETF inflows and renewed optimism after U.S. President Donald Trump’s softened stance on China trade tensions. Source: crypto.news However, analysts warn of resistance at $94,000-$95,000, citing heavy selling pressure in spot markets. With BTC still 16% below its January peak of $109,000, volatility remains a concern, especially as stock market correlations persist. Investors are eyeing whether BTC can sustain momentum amid global economic…

World Liberty Financial’s official stablecoin, USD1, will be integrated into the Tron network as it prepares to mint millions of dollars worth of tokens at the start of the partnership. On the Token2049 stage on May 1, Tron (TRX) founder Justin Sun announced the network will be collaborating with Trump-backed crypto venture World Liberty Financial by integrating its stablecoin USD1 into the blockchain. “I’m really honored, we can collaborate with USD1 on launching this stablecoin to further make this available to 7 billion people on Earth,” said Sun during his fireside session with Eric Trump and World Liberty Financial co-founder…

Bitget Wallet becomes the first digital wallet to integrate itself with Paydify, allowing users to make stablecoin payments at select physical and online merchants. According to the press release sent to crypto.news, the non-custodial crypto wallet has partnered with crypto payment service Paydify to facilitate stablecoin payments. The integration enables merchants to accept stablecoin payments from users via the Paydify platform. Through the integration, users will be able to pay using Tether (USDT) and USD Coin (USDC) at select physical and online merchants via Paydify. Merchants receive instant settlement in stablecoins without needing to create an account on a separate…