Crypto Talkies May 2nd 2025
As the sun sets on another bustling day in the crypto world, we take a moment to unravel the whirlwind of events that have shaped the landscape today. Bitcoin (BTC), the forerunner of the cryptocurrency revolution, has once again captured the spotlight by surging past $96,000. This remarkable ascent rejuvenates hopes of reaching the coveted $100,000 mark. Analysts weave narratives of Bitcoin possibly steering its way to $175,000, remaining afloat between $90K-$110K, or taking a corrective dip to $70K-$85K. The pulse of the market beats with fresh vigor, and the whispers of optimism are hard to ignore. Meanwhile, Kraken has reported a commanding revenue growth of 19% in Q1, propelled by the acquisition of NinjaTrader and heightened market volatility. Sizzling with anticipation, the exchange is eyeing an IPO and aims to diversify their offerings to capture the banner of a leading trading platform. Eyes are also fixed on the regulatory front. The U.S. Senate is accelerating the journey ...