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Matthew Sigel of VanEck said Bitcoin could reach $1 million by the next US Presidential term. That puts a 1,150% increase as a 2031 target inside a market that is still trying to prove it can hold the $80,000 area.

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Ethereum's share of total decentralized finance ( DeFi) liquidity has fallen to its lowest level in years, as rival blockchains chip away at a dominance that once exceeded 63%. Rival Chains Close the Gap In absolute terms, Ethereum still commands the largest DeFi stack on any single chain, with approximately $45.50 billion in TVL.

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BlackRock, the world's largest asset manager, has filed with the U.S. Securities and Exchange Commission (SEC) to launch two tokenized money-market funds. The firm aims to use these funds to target investors who hold their cash in stablecoins, with the GENIUS Act providing more legitimacy to these stablecoins.

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After multiple weeks hovering below $80,000, Bitcoin finally broke above the psychological level on Monday, May 4th. The premier cryptocurrency enjoyed a significant surge in bullish momentum, pushing its price to as high as $82,000 over the past week.