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Alpen Labs unveils Bitcoin Dollar, a fully $BTC-collateralized stablecoin @AlpenLabs, a developer of Bitcoin (BTC) layer-2 infrastructure, has officially unveiled the Bitcoin Dollar (BTD), a fully BTC-backed stablecoin, according to a press release via @PRNewswire. Designed to

Ethereum ( ETH ) has reclaimed the critical $2,000 price level, surging more than 15% in the past 24 hours amid renewed bullish sentiment across cryptocurrency markets. This significant move follows Bitcoin's groundbreaking achievement of crossing the $100,000 threshold for the first time in history, which has triggered widespread momentum across altcoins. ETH/USD price chart in the past 24 hours - TradingView Market analysts suggest that Ethereum's price action demonstrates strong technical fundamentals, with trading volume increasing substantially as investors rotate profits from Bitcoin into alternative cryptocurrencies with higher growth potential. The current ETH price movement has broken through several key resistance levels, suggesting the potential for continued upward momentum. Bitcoin's breakthrough of the psychological $100,000 barrier has dramatically altered market sentiment, creating ripple effects throughout the cryptocurrency ecosystem. Historically, major Bitcoin milestones have preceded significant price appreciation for Ethereum and other alternative cryptocurrencies. BTC/USD price chart in the past 7 days - TradingView Trading data shows that Ethereum's correlation with Bitcoin remains strong, but the current 15% daily gain for ETH outpaces Bitcoin's recent performance, indicating potential for Ethereum to outperform in the short term. This pattern aligns with previous bull market cycles where Ethereum delivered substantial returns after Bitcoin established new all-time highs. Several geopolitical developments have contributed to the favorable market conditions supporting Ethereum's price surge: The apparent de-escalation in the Russia-Ukraine conflict has reduced market uncertainty, with preliminary peace agreements signaling potential resolution. This development has improved risk sentiment across financial markets, benefiting cryptocurrencies as investors seek growth opportunities. Former President Donald Trump, now back in office, recently tweeted that "NOW is the best time to buy stocks," triggering a broad market rally. His statement has been interpreted as a strong vote of confidence in financial markets, with spillover effects boosting cryptocurrency prices. Historically, positive stock market sentiment has correlated with cryptocurrency price appreciation. Additionally, the recent election of a new Pope to replace his predecessor has restored stability to an important global institution, further contributing to market optimism. While seemingly unrelated to cryptocurrency markets, such events often influence overall market psychology and risk appetite. Technical indicators suggest Ethereum's break above $2,000 could lead to further gains in the near term. The 50-day moving average has crossed above the 200-day moving average, forming the "golden cross" pattern that typically signals bullish momentum. Trading volume has increased significantly during this price surge, confirming the strength of the movement. Key resistance levels to watch include $2,200 and $2,500, while the newly established support at $2,000 will be crucial for sustaining the rally. The Relative Strength Index (RSI) currently sits at 68, approaching but not yet in overbought territory, suggesting room for additional upside. ETH/USD 1-day chart - TradingView via Bitget Institutional interest in Ethereum continues to grow, with ETH-based investment products seeing substantial inflows in recent weeks. The successful implementation of network upgrades and increased adoption of Ethereum's layer-2 scaling solutions have strengthened the network's fundamentals. Analysts point to Ethereum's reduced issuance rate and fee-burning mechanism as factors that could create supply pressure, potentially supporting higher prices in the medium to long term. The current ETH price action comes amid broader acceptance of cryptocurrencies as an institutional asset class. For investors considering entry points, the current breakthrough above $2,000 represents both an opportunity and a milestone in Ethereum's price history. While short-term volatility remains likely, the convergence of technical strength, Bitcoin's historical milestone, and improving global conditions suggests a favorable outlook for Ethereum's price trajectory through the remainder of 2025. Ethereum ( ETH ) has reclaimed the critical $2,000 price level, surging more than 15% in the past 24 hours amid renewed bullish sentiment across cryptocurrency markets. This significant move follows Bitcoin's groundbreaking achievement of crossing the $100,000 threshold for the first time in history, which has triggered widespread momentum across altcoins. ETH/USD price chart in the past 24 hours - TradingView Market analysts suggest that Ethereum's price action demonstrates strong technical fundamentals, with trading volume increasing substantially as investors rotate profits from Bitcoin into alternative cryptocurrencies with higher growth potential. The current ETH price movement has broken through several key resistance levels, suggesting the potential for continued upward momentum. Bitcoin's breakthrough of the psychological $100,000 barrier has dramatically altered market sentiment, creating ripple effects throughout the cryptocurrency ecosystem. Historically, major Bitcoin milestones have preceded significant price appreciation for Ethereum and other alternative cryptocurrencies. BTC/USD price chart in the past 7 days - TradingView Trading data shows that Ethereum's correlation with Bitcoin remains strong, but the current 15% daily gain for ETH outpaces Bitcoin's recent performance, indicating potential for Ethereum to outperform in the short term. This pattern aligns with previous bull market cycles where Ethereum delivered substantial returns after Bitcoin established new all-time highs. Several geopolitical developments have contributed to the favorable market conditions supporting Ethereum's price surge: The apparent de-escalation in the Russia-Ukraine conflict has reduced market uncertainty, with preliminary peace agreements signaling potential resolution. This development has improved risk sentiment across financial markets, benefiting cryptocurrencies as investors seek growth opportunities. Former President Donald Trump, now back in office, recently tweeted that "NOW is the best time to buy stocks," triggering a broad market rally. His statement has been interpreted as a strong vote of confidence in financial markets, with spillover effects boosting cryptocurrency prices. Historically, positive stock market sentiment has correlated with cryptocurrency price appreciation. Additionally, the recent election of a new Pope to replace his predecessor has restored stability to an important global institution, further contributing to market optimism. While seemingly unrelated to cryptocurrency markets, such events often influence overall market psychology and risk appetite. Technical indicators suggest Ethereum's break above $2,000 could lead to further gains in the near term. The 50-day moving average has crossed above the 200-day moving average, forming the "golden cross" pattern that typically signals bullish momentum. Trading volume has increased significantly during this price surge, confirming the strength of the movement. Key resistance levels to watch include $2,200 and $2,500, while the newly established support at $2,000 will be crucial for sustaining the rally. The Relative Strength Index (RSI) currently sits at 68, approaching but not yet in overbought territory, suggesting room for additional upside. ETH/USD 1-day chart - TradingView via Bitget Institutional interest in Ethereum continues to grow, with ETH-based investment products seeing substantial inflows in recent weeks. The successful implementation of network upgrades and increased adoption of Ethereum's layer-2 scaling solutions have strengthened the network's fundamentals. Analysts point to Ethereum's reduced issuance rate and fee-burning mechanism as factors that could create supply pressure, potentially supporting higher prices in the medium to long term. The current ETH price action comes amid broader acceptance of cryptocurrencies as an institutional asset class. For investors considering entry points, the current breakthrough above $2,000 represents both an opportunity and a milestone in Ethereum's price history. While short-term volatility remains likely, the convergence of technical strength, Bitcoin's historical milestone, and improving global conditions suggests a favorable outlook for Ethereum's price trajectory through the remainder of 2025.

Messari: Rootstock accelerates eco-system expansion via integrations Messari recently evaluated in a report that Bitcoin sidechain Rootstock accelerated the expansion of its DeFi ecosystem by expanding strategic partnerships and integrations in the first quarter of this year.

Uniswap price surged sharply as the crypto market erupted on May 8, with the decentralized exchange’s native token spiking 17% to hit its highest level in two weeks. With cryptocurrencies in upward mode as Bitcoin ( BTC ) reclaimed the $100,000 mark, Uniswap ( UNI ) soared above $5.50. The gains had Uniswap in vertical mode amid a spik in daily volume, with the altcoin seeing more than $214 million traded in the past 24 hours to represent a 70% increase. Bitcoin’s rally to $100,000 could provide new momentum. However, analysts at market intelligence platform Santiment caution that it could be a “double-edged sword.” “On one hand, retail FOMO can add a bit of extra fuel to this rally as major media outlets spam Bitcoin’s 3-month milestone and bring in many new entries to the space. On the other hand, we typically see rallies put on the brakes when there is an overwhelming amount of calls related to ‘higher’ or ‘above’ (in relation to crypto) like we’re seeing now,” Santiment posted on X . Although UNI gains align with the broader market’s uptick catalyzing bullish sentiment, tailwinds include the recent Ethereum Pectra upgrade . Pectra, a major update for Ethereum and the first since Dencun in March 2024, introduces several important features for the network. The 11 included improvement proposals enhance user experience via smart accounts and delegation, upgrade staking mechanics, and improve layer 2 integration. Unichain ’s rapid rise as a go-to platform for the Uniswap community also supports the bullish case. The Uniswap team announced on May 7 that Pectra’s activation ensures all 7,702 smart wallets on the network are now fully supported on the Uniswap web app. Per DeFiLlama data , Unichain has become one of the top chains in the decentralized exchange ecosystem. Latest data shows the DEX’s volume of $1.99 billion over the past week. The weekly change of +14% outpaces that of Etthereum, Solana and Base among others in the same period. In the past 24 hours, Unichain’s volume stands at over $354 million , accounting for most of the daily volume for Uniswap V4. As well as Unichain’s growth in terms of user accounts and total transactions, the Uniswap platform itself is seeing a notable flip. The total value locked on Uniswap is around $4.27 billion.

1,000,000 #BTC accumulated via ETFs✅