Cointelegraph

BlackRock’s spot Bitcoin ETF (IBIT) capped off the trading week with another day of inflows, pulling in $356.2 million on May 9. The fund has now extended its inflow streak to 19 consecutive days — its longest run of inflows so far this year.
IBIT’s inflow streak has been ongoing since April 14, an

Sovereign Wealth Funds are already gaining exposure to Bitcoin, but significant allocations won’t happen until the United States establishes clearer regulations for the digital assets industry, says SkyBridge founder Anthony Scaramucci.
“I think they are buying it, I think they are buying it on the

Strategy founder Michael Saylor says Bitcoin hasn’t reached $150,000 yet because holders without a long-term outlook have been selling off while a new cohort of investors are beginning to enter the market.
“I think we’re going through a rotation right now,” Saylor said on the Coin Stories podcast w

Key takeaways:
ETH price rallied by 22% on May 8, but demand for spot ETH ETFs and derivatives remains muted
President Trump’s reversal on certain altcoins aligns with ETH’s renewed outlook
Ether (ETH) posted an impressive 29% gain between May 8 and May 9, likely marking the end of a 10-week

The newly launched DOOD token from Ethereum-based NFT project Doodles has seen a steep drop in market capitalization following its May 9 airdrop on the Solana network.
According to data from DEX Screener, DOOD’s market cap fell from over $100 million shortly after launch to around $60 million at th

Key Takeaways:
Solana's 15% surge and potential close above the 50-week EMA signal strong bullish momentum, which previously led to a 515% rally in 2024.
The $120 million in liquidity bridged to Solana reflects growing network confidence.
Solana (SOL) price gained 18% this week, signaling

Wall Street giant BlackRock met with the Securities and Exchange Commission (SEC) Crypto Task Force to discuss staking within crypto exchange-traded products (ETPs) and tokenization of securities. The discussion could advance institutional interest in the crypto industry.
According to a May 9

US Vice President JD Vance will speak at the Bitcoin 2025 conference in Las Vegas, roughly a year after then-presidential candidate Donald Trump spoke at the same event.
According to a May 9 notice from the event’s organizers, Vance will address conference attendees in person on May 28, making

Mining firm TeraWulf reported a net loss of approximately $61.4 million in its earnings for the first quarter of 2025, further deteriorating from the same period last year.
Revenue fell to $34.4 million from $42.4 million in the same period of 2024, according to the company's earnings report,

Ethereum’s Pectra upgrade doesn’t pose a threat to decentralization, according to Mallesh Pai, senior research director at blockchain software firm Consensys, describing the update as a cleanup of the behind-the-scenes “busy work” currently handled by validators.
During a May 9 Cointelegraph X

Law enforcement detained the wrong person for a 2022 scam that pilfered more than $1 million worth of Bored Ape non-fungible tokens (NFTs), cybersecurity researcher ZachXBT said
In a May 9 X post, ZachXBT said he identified the wallet behind the scam and linked it to an X account that has since be

The cryptocurrency market continued to surge this past week as the overall digital asset market capitalization exceeded $3.27 trillion, an 8.6% increase over the previous week.
Bitcoin (BTC) reached a high of $103,600 on May 8 after reclaiming $100,000 for the first time since January. Its market d

Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.
Galaxy anticipates listing on the Nasdaq, a tech-focused US stock exchange, by the

Key Takeaways:
Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse.
Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering superior risk-adjusted returns.
A buyer-dominant market signals s

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