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Doodles NFT token stalls after airdrop

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
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Solana price gained 500% the last time this SOL metric turned bullish

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
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BlackRock, crypto task force discuss ETP staking, tokenization

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
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US VP Vance to speak at Bitcoin conference amid Trump crypto controversies

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
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TeraWulf Q1 loss widens amid rising costs, falling revenue

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,
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Ethereum's new staking limit is not a risk to decentralization, says Consensys researcher

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
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Crypto sleuth ZachXBT says wrong suspect detained in Bored Ape NFT theft

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
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Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined

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
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Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

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
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Chance of Bitcoin price highs above $110K in May increasing — Here’s why

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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Is Bitcoin about to go parabolic? BTC price targets include $160K next

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AI's GPU obsession blinds us to a cheaper, smarter solution

Opinion by: Naman Kabra, co-founder and CEO of NodeOps Network
Graphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense in some contexts, it's also created a blind spot that's
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Blockchain innovation illuminates Dubai — Token2049 event recap

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Institutional investors continue to scoop up Bitcoin above $100K

Bitcoin crossed the $100,000 mark again on May as institutional investors continue stacking sats.
Farside Investors’ data shows that spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded cumulative net inflows of $142.3 million on May 7, in a sign of “sustained institutional interest,”
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Ethereum Foundation distributed $32.6M grants to ecosystem in Q1

The Ethereum Foundation, the nonprofit that supports development across the Ethereum blockchain, distributed $32.6 million in grants in the first quarter of 2025
In an allocation update for Q1 2025, the organization reported spending $32 million on various initiatives through its Ecosystem
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Bitcoin eyes sub-$100K liquidity — Watch these BTC price levels next

Key points:
Bitcoin (BTC) is at its highest levels since January, and traders are eyeing key levels to watch for what’s next.
After hitting $104,000, BTC/USD is retracing to establish support, but the fate of $100,000 is among the concerns for market participants.
Current price action
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