SEC Delays Decision on Canary’s Litecoin ETF 🕙

The SEC has postponed its decision on Canary Capital’s proposed Litecoin ETF and is seeking public comments until May 26, with rebuttals due by June 9.

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Trump Declares Full Support for Crypto on National TV 👏

Donald Trump publicly backed cryptocurrency on national TV, saying millions want it. This marks a shift from his earlier stance, as his team pushes to make the U.S. a crypto leader, including plans for a Strategic Bitcoin Reserve.

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Data: Over the past week, the number of active addresses on the Solana network is approximately 24.2 million, ranking first globally

According to Nansen data, the number of active addresses on the Solana network was approximately 24.2 million in the past week, ranking first in the entire network.

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Both of Florida’s Bitcoin Reserve Bills, HB 487 and SB 550, have officially failed after the state legislature adjourned its 2025 session on May 2 without passing them.

The bills were indefinitely postponed and withdrawn from consideration.

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Ripple’s Q1 2025 report shows the company held 4.56bn XRP as of March 31, up 1.7% from the previous quarter, with escrow holdings down to 37.1bn XRP.

At $2.15 per token, Ripple’s XRP holdings are worth $98.6bn. The report also confirmed the acquisition of Hidden Road and ongoing interest in buying Circle.

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UK Treasury Secretary Emma Reynolds ruled out creating a national crypto reserve, saying the approach taken by the U.S. “is not the plan for us.”

Instead, the UK will focus on regulated digital asset frameworks and potential sovereign debt issuance via blockchain, while continuing strategic cooperation with the U.S. on crypto policy.

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🗞 May 6, 2025 cryptocurrency news highlights

【Cryptocurrency】
UK Treasury Secretary Emma Reynolds ruled out creating a national crypto reserve, saying the approach taken by the U.S. “is not the plan for us.”

【Economy】
Trump Declares Full Support for Crypto on National TV 👏

【Indicators】
Ripple’s Q1 2025 report shows the company held 4.56bn XRP as of March 31, up 1.7% from the previous quarter, with escrow holdings down to 37.1bn XRP.

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New Hampshire Governor Kelly Ayotte officially SIGNS bill into law allowing the state to invest in Bitcoin 🙌


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Dogecoin (DOGE) at Risk of Losing Ranking to Tron (TRX)🔴🐶

Tron (TRX) is closing in on overtaking Dogecoin (DOGE) as the eighth-largest cryptocurrency, as both coins face price declines but now have nearly equal market capitalizations.

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Solana Eyes $178 Breakout as Bullish Triangle and Trendline Support Signal Major Rally🪙

Solana (SOL) has broken key resistance levels, confirming a bullish trend supported by strong market momentum. An ascending triangle pattern suggests further upside potential, with SOL staying above its long-term trendline. A continued breakout could lead to significant price gains.

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SEC Eyes Crypto Funding Reform, Targets Regulation A 🎯

The SEC is reviewing Regulation A, which lets startups raise funds without a full IPO, raising concerns for crypto firms using it for token sales. Potential changes could tighten rules and impact industry fundraising.

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Bhutan and Binance Pay launch the world's first national tourism payment system

The Kingdom of Bhutan has now launched the world's first national crypto tourism payment system in partnership with Binance Pay and DK Bank. This innovative initiative allows travelers with a Binance account to use digital assets to pay for almost every aspect of their trip to Bhutan, including air tickets, visa fees, hotel accommodation, attraction tickets, tour guide services, and even fresh fruits from roadside stalls.

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Pre-market: Crypto Stocks and Tech Stocks Surge, MicroStrategy Up by 3.02%

According to market information, pre-market crypto stocks and tech stocks in the US rose across the board, including:

Coinbase (COIN) rose by 2.11%;
Trump Media & Technology Group (DJT) rose by 1.01%;
Tesla (TSLA) rose by 1.42%;
MicroStrategy (MSTR) rose by 3.02%;
MARA Holdings (MARA) rose by 2.59%;
Riot Platforms (RIOT) rose by 3.18%.

US Tech Stocks Rose:
Microsoft (MSFT) rose by 0.3%;
Apple (AAPL) rose by 1.22%;
Google (GOOG) rose by 0.85%;
Nvidia (NVDA) rose by 0.46%;
Meta Platforms (META) rose by 0.79%;
Amazon (AMZN) rose by 1.14%.

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US Stock Cryptocurrency Concept Stocks Soar, Strategy Up 1.75%

U.S. stock market opening, Dow rose 0.29%, S&P 500 rose 0.16%, Nasdaq rose 0.05%. As for cryptocurrency-related stocks,

Strategy rose 1.75%;
Coinbase rose 1.38%;
MARA Holdings rose 1.71%;
Riot Platforms rose 2.04%.

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🗞 May 7, 2025 cryptocurrency news highlights

【Cryptocurrency】
US Stock Cryptocurrency Concept Stocks Soar, Strategy Up 1.75%

【Economy】
Bhutan and Binance Pay launch the world's first national tourism payment system

【Indicators】
Solana Eyes $178 Breakout as Bullish Triangle and Trendline Support Signal Major Rally🪙

【More】
New Hampshire Governor Kelly Ayotte officially SIGNS bill into law allowing the state to invest in Bitcoin 🙌

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ETF demand is outpacing supply again. 🔥

On Friday, May 2nd, ETFs absorbed 15.83 times more Bitcoin than was mined.

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Dogecoin Price Prediction: DOGE Eyes $0.17 Breakout as Trading Volume Soars and Political Buzz Fuels Meme Coin Momentum🐶

Dogecoin (DOGE) is testing key resistance at $0.1750 after rebounding from $0.1680. The price is consolidating, with a breakout potentially triggering a 14% rally toward the $0.20 level.

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Stablecoins Take Center Stage: Solana's $13 Billion Opportunity🪙

Solana is transitioning in 2025 toward stablecoins, institutional infrastructure, and real-world financial integration, moving away from memecoin hype. With $13B in stablecoins and key upgrades like Firedancer, it's positioning itself as a major player in digital finance.

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Peter Schiff Warns U.S. Dollar Collapse Looms, Urges End to Reserve Status 📉

Economist Peter Schiff warns the U.S. dollar is nearing collapse, blaming excessive debt and trade deficits. He says the only fix is to end its global reserve currency status, which he believes fuels unsustainable economic policies.

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