DailyNews

Golden Finance reports that, as of May 1, listed companies have acquired approximately 157,957 Bitcoins, accounting for 96% of the expected 164,250 BTC to be mined in 2025.

The XYO Network introduces over 10 million nodes in a Decentralized Physical Infrastructure Network (DePIN), most of which are mobile users providing data through the COIN app to earn rewards. About 80% of the users are non-crypto native users participating in Web3 for the first time.

PANews May 2 news, according to Lookonchain monitoring, a Whale that previously traded over $7.5 million in Fartcoin has started accumulating AVA. In the past 20 days, this Whale has purchased 23.37 million AVA, worth $1.71 million, at an average price of $0.03554. The current unrealized profit is approximately $875,000.

PANews, May 2 news, according to CoinDesk, Tether CEO Paolo Ardoino revealed in an interview with CNBC that the company will launch a distinctive new product, which is likely to be a payment product. Tether's goal is to build a product that can be used by institutions, a product that can compete with PayPal's CashApp.

Strategy (formerly MicroStrategy) reported a loss of $4.23 billion in the first quarter, shifting towards Bitcoin. They launched the "42/42 plan" to raise $84 billion for purchasing Bitcoin, showing strong performance with a price-to-earnings ratio of only 2.13.

Google has upgraded its Wallet service for privacy, using ZKP technology for age verification, allowing users to confirm their age without sharing personal information. This feature is now live, with Bumble being one of the first partner companies.

PANews May 2 news, according to encryption analyst Ali Martinez's disclosure of data on platform X, whales have purchased over 900 million XRP in the past month.

PANews May 2 news, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform stating that a new term "Suitcoiners" has emerged among Wall Street finance industry professionals. This term comes from "Real Suits" and is used to describe all ETF, government, and institutional buyers. Some are concerned that if Suitcoiners conspire, it could potentially threaten the structure of Bitcoin in the future, but he does not think this scenario will unfold, as there have been similar unrealized fears in stock voting. Nonetheless, this is indeed a kind of fear.

PANews, May 2 news, according to Onchain Lens monitoring, after 2.11 years of silence, a Whale sold 14.38 WBTC (1.39 million USD) and bought 758.25 ETH at an average price of 1836 USD.