Author: James Wilson
“Risk comes from not knowing what you’re doing,” said Warren Buffett, one of the world’s most successful investors. This quote emphasises the importance of knowledge and strategy when it comes to investing, especially in the world of cryptocurrencies. As the market constantly fluctuates, it is crucial for investors to understand the significance of crypto portfolio rebalancing and diversification. Rebalancing involves periodically adjusting the allocation of assets in a portfolio to maintain a desired level of risk and return. Meanwhile, diversification refers to the practice of spreading investments across different asset classes and cryptocurrencies to reduce the risk of significant losses.…
Key Takeaways HB 487 would have authorized the state’s chief financial officer and the State Board of Administration to allocate up to 10% of certain state funds into Bitcoin. “To someone on the outside, it might look like they’re dead, but from within, there’s still time to push,” Samuel Armes, founder of the Florida Blockchain Business Association Two bills aimed at permitting public funds in Florida to invest in Bitcoin have been indefinitely shelved, following the adjournment of the state’s 2025 legislative session on May 2. House Bill 487 and Senate Bill 550, both introduced in February, were officially withdrawn…
The UK government has ruled out creating national cryptocurrency reserves at the moment. Economic Secretary to the Treasury Emma Reynolds expressed negative sentiment towards a Bitcoin (BTC) reserve at the FT Digital Asset Summit in London. Responding to questions… Source link
Casper 2.0 has launched on the mainnnet, with the goal to power decentralized applications for real-world assets. The race for dominance in the real-world asset space is heating up. On Tuesday, May 6, the Casper Association announced the launch of Casper 2.0 on the mainnet. The goal is to establish a platform tailored for RWA applications, one of the most promising use cases for blockchain technology. Matt Schaffnit, CEO of the Casper Association, said the upgrade aims to provide a developer- and business-friendly environment to accelerate RWA adoption. “With instant, deterministic finality, native upgradability, and built-in access control, we’re enabling…
The total stablecoin market cap in the Ethereum ecosystem has jumped approximately 1 million-fold since the token reached $1,400 for the first time in January 2018. According to data on DeFi Llama, the ETH (ETH) stablecoin market cap has gone up to around $124.5 billion on May 6. However, it has declined by 0.08% or around $100 million in the past week. In January 2018, when ETH hit $1,400 for the first time in history, its stablecoin market cap sat at a measly $124,500. Despite its meager beginnings compared to its current state, it was enough to cement Ethereum’s place…
Ethereum is holding firmly above the $1,793 support as the highly anticipated Pectra upgrade approaches on May 7. After weeks of sideways trading, the $1,793 support has become a critical zone, and its ability to hold could dictate Ethereum’s (ETH) next move. Ethereum now faces a potential turning point after a difficult start to the year, down 43% year-to-date and underperforming both Bitcoin (BTC) and Solana (SOL). The market is keeping a close eye on whether the impending technical update can spark new growth. The upcoming Pectra upgrade includes significant improvements that will enhance scalability, staking efficiency, and user experience.…
The United States Department of the Treasury has imposed sanctions on the Karen National Army, a Burmese militia group, accusing it of orchestrating large-scale crypto scams alongside other offences. The sanctions were announced on May 5 in a press release from the Treasury’s Office of Foreign Assets Control. The press release revealed that the KNA has been at the center of a complex network of sophisticated digital fraud schemes, including the notorious crypto “pig butchering” scams. In these scams, victims are typically lured online through dating apps and social media, where scammers initiate prolonged, increasingly intimate conversations. Once trust is…
FARTCOIN and VIRTUAL are dominating both smart-money inflows and AI-agent mindshare while both tokens pause to consolidate following their recent 100% breakout rallies within a broader uptrend. According to smart money reporting account Stalkchain, Fartcoin (FARTCOIN) and Virtual (VIRTUAL) are leading in smart money inflows, recording $245,700 and $93,720 respectively over the past 24 hours. AI agent mindshare metrics from cookie.fun also reveal that the two tokens are commanding attention in the sector. FARTCOIN is leading with 10.22% share, while VIRTUAL closely trails at 9.46%, with sentiment for the latter ticking higher. Meanwhile, both tokens have entered a cooling-off phase…
Shardeum has unveiled its mainnet after a testnet phase that attracted more than 1.4 million participants from across the globe, setting a new record for Layer 1 testnet validator nodes. According to the official press release sent to crypto.news, the EVM-based autoscaling network recently launched its mainnet after a month-long delay. Its testnet phase generated more than 171,000 physically-run public validator nodes, the highest number of validator nodes ever recorded on a Layer 1 testnet. The protocol’s mainnet is designed to solve the “scalability trilemma,” which essentially allows global users and developers to maintain decentralization, scalability, and affordability without sacrificing…
Lawyers for Celsius founder Alex Mashinsky argue that prosecutors are stripping him of his humanity to support a harsh sentence disconnected from his true actions. Alex Mashinsky‘s legal team has criticized the U.S. government’s request to sentence the former Celsius Network CEO to at least 20 years in prison, calling it a “death-in-prison sentence” for a non-violent, first-time offender. In a May 5 filing, Mashinsky’s lawyers said the government’s “venom-laced submission recasts this case as one involving a predator with an intent to ‘target’ victims, ‘harm’ them, and ‘steal’ their money.” They argue the Department of Justice ignored Mashinsky’s background…