Mantra (OM) Price Surge Gains Momentum, Solana Eyes $165, But Cold Wallet’s 4,900% ROI Presale Steals the Spotlight🪙

Mantra (OM) surged after Coinbase exposure, Solana (SOL) shows potential for a $155 breakout, and Cold Wallet gains attention for its live, secure, and privacy-focused tech offering long-term utility.

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🇲🇻 MBS Global to invest $9B in a blockchain financial hub in the Maldives—more than the nation’s annual GDP.

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🪙 TRUMP: “I want crypto, I think crypto is important because if we don’t do it, China’s going to.”

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Musk: AI can replace some government employee functions, the US government is inefficient

According to people who attended the meeting, Musk criticized the inefficiency of the US government in a closed-door discussion at the Milken Institute Global Conference and suggested using artificial intelligence to replace some civil servant functions. The person familiar with the matter said that Musk had an extensive conversation with financier Michael Milken and also talked about the latest progress of his brain-computer interface company Neuralink and SpaceX.

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Warren Buffett will step down as CEO of Berkshire Hathaway at the end of 2025, ending a 60-year run that turned the firm into a $1.16tr giant.

Vice Chairman Greg Abel will take over, with full operational control of the $264bn portfolio and nearly 200 subsidiaries, while Buffett remains in an advisory role.

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With around 16 million virtual asset investors—about 36% of South Korea’s electorate—crypto has become a key issue ahead of the June 3 presidential election. Candidates across party lines are rolling out crypto-friendly policies in a bid to win over this growing voter base.

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🗞 May 5, 2025 cryptocurrency news highlights

【Cryptocurrency】
Musk: AI can replace some government employee functions, the US government is inefficient

【Economy】
With around 16 million virtual asset investors—about 36% of South Korea’s electorate—crypto has become a key issue ahead of the June 3 presidential election. Candidates across party lines are rolling out crypto-friendly policies in a bid to win over this growing voter base.

【Indicators】
Mantra (OM) Price Surge Gains Momentum, Solana Eyes $165, But Cold Wallet’s 4,900% ROI Presale Steals the Spotlight🪙

【More】
Warren Buffett will step down as CEO of Berkshire Hathaway at the end of 2025, ending a 60-year run that turned the firm into a $1.16tr giant.

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Trump to Attend "Cryptocurrency and AI Innovators" Dinner, Single Ticket Price $1.5 Million‼️

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Ethereum stalls at $1,850 resistance zone as volume dries up🔷

Ethereum has struggled to break above the $1,850 level for over a week due to strong technical resistance and low buying momentum. Multiple indicators point to this price zone as a key barrier, and without a significant increase in trading volume, ETH may stay range-bound or face a pullback.

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Solv founder sees BTCFi outpacing Ethereum DeFi on $2t potential💰🔹

Bitcoin's DeFi (BTCFi) sector is emerging with major growth potential, as experts suggest it could unlock $500 billion in value. Solv Protocol is leading this push by offering yield strategies for Bitcoin and has already surpassed $2 billion in total value locked.

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SUI Hits New Levels, Solana Nears $200, While Web3 ai’s $0.0003 Token Could Stand Out in 2025🪙🪙

Crypto momentum is rising, with SUI eyeing a 70% jump to $4 and Solana testing resistance at $155. Meanwhile, Web3 ai stands out by offering 12 AI-powered trading tools, with its WAI token priced at $0.0003 in Stage 1, positioning itself as a data-driven solution for the next market phase.

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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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