Ethereum derivatives net taker volume flipped positive to $102 million for the first time since 2022, breaking a long streak of sell-side dominance. Analyst warns sustainability remains uncertain.
CFTC Chair Michael Selig said parts of the crypto market show signs of manipulation and fraud, with regulators focused on preventing another FTX-style collapse while updating rules for on-chain trading and prediction markets.
Charles Schwab has begun rolling out Schwab Crypto, giving retail clients direct access to spot bitcoin and ethereum trading. The launch excludes crypto transfers at the start and is not available to residents of New York or Louisiana.
WildRoll Casino launches Quacks, a blockchain-verified crypto game inspired by the classic Duck Hunt, featuring three volatility modes and provably fair results.
Reuters-cited documents show India’s central bank still wants banks and financial institutions barred from holding, trading, or taking exposure to crypto assets and private stablecoins, with tax authorities backing tighter controls.
Solana hovered near $80 after a 5% daily drop, with ETF outflows, falling open interest, and negative funding rates pointing to softer participation. The $77.60 level remains the key support to watch.
Starting June 1, 2025, China enforces a sweeping ban on holding, trading, and mining cryptocurrencies, making the digital yuan the only legal tender. Offshore stablecoins are also restricted, dimming Hong Kong's crypto hub ambitions.
Bitcoin miner MARA Holdings is set to report Q1 earnings on May 11, with analysts forecasting $184.21M revenue and a $2.34 per-share loss. While BTC's 25% Q1 drop hit its holdings, the market focuses on its AI transition, including a $1.5B Long Ridge Energy acquisition and a 1GW data center partnership with Starwood.
