Bitcoin And XRP Are Seeing A Surge In Adoption, Here Are The Numbers

The latest holder data from Santiment shows that crypto adoption is still increasing, even as prices are without a clear bullish trend across the market. Bitcoin is approaching a major wallet milestone, XRP has continued to grow its user base, and Ethereum is dominating the field by a wide margin.  Numbers Reveal A Surge In Adoption  New figures from on-chain analytics platform Santiment show that cryptocurrencies are witnessing intense adoption across the board. This data is particularly gotten from the holder count from Santiment, which looks at the number of addresses with non-empty balances. Of the bunch, Bitcoin, XRP, and Ethereum are posting numbers that are noteworthy.  Bitcoin‘s holder count is now one of the clearest signs of adoption across the crypto industry. Santiment’s latest data shows Bitcoin is currently at about 59.08 million non-empty wallets, bringing the network close to the 60 million mark. This means Bitcoin has built one of the largest ownership bases in crypto despite several months of difficult price action and correction from its 2025 price peak.  The timing of Bitcoins wallet growth is important because it is coming at the same time institutional demand is starting to improve again. Data from SoSoValue shows that Spot Bitcoin ETF flows

05-01

Carvana (CVNA) Stock Drops 3% After First Quarter Earnings Despite Revenue Surge

Retail unit volume totaled 187,393 vehicles in the quarter — representing 40% growth versus the prior year and exceeding the Streets call for 181,839 units.  Shares initially popped more than 6% in premarket activity Wednesday evening, but the enthusiasm proved short-lived. By Thursday morning, CVNA was changing hands around $387, reflecting a roughly 3% decline.  Profitability Metrics Draw Investor Attention  While headline numbers impressed, per-unit economics raised concerns among market participants. The adjusted EBITDA margin registered 10.4%, sliding from the 11.5% achieved a year earlier.  Gross profit per vehicle came in at $6,783 — marginally below Street forecasts and down $155 from the $6,938 figure in Q1 2025.  Elevated reconditioning expenses represented the primary headwind. Reduced shipping revenue combined with softer wholesale profit margins further pressured unit-level profitability.  Wells Fargos David Lantz recognized the margin headwinds while maintaining a balanced perspective, highlighting that the company is “making progress on centralizing planning and decision-making, building better tools, leveraging AI and strengthening training and workforce development.”  Carvana disclosed that it has deployed AI-powered internal platforms and enhanced employee training initiatives to address reconditioning cost challenges. “So far in Q2, we are beginning to see the impact of these efforts,” management stated.  Forward Outlook  Looking to the second quarter, Carvana projected sequential

05-01

Ethereum Price Slides as World Liberty Financial Offloads 8.5K ETH

Lookonchain identified the wallet as 0x77a5. Following the massive Ethereum transaction, the wallet fully repaid its outstanding loans. It also withdrew all remaining assets from Aave.  In response to this significant Ethereum selloff by WLFI, the ETH price has seen a notable downturn. The Ethereum price dropped by about 2.5% in a day and 3.5% in a week, after the WLFI move. However, currently trading at $2,254, the altcoin is still up by about 9% in a month.  Even with this immediate decline, the 24-hour volume remains positive. While this positive value coincides with the price fall, it indicates sellers taking over the market. More traders are likely to sell their holdings amid the negative outlook.  This Ethereum news marks a major move for ETH. The sale represents one of the biggest ETH transactions made by any single entity in the last few weeks. Therefore, it may represent this companys effort to realign its portfolio in a different way.  Such a series of events seems to point towards a definite de-risking strategy on the part of this entity. First, selling ETH and exchanging it for a stable currency such as USDC reduces the risk of market volatility. Second, repaying the loan and leaving Aave

05-01

KuCoin Web3 Expands Wallet Capabilities with Ondo Integration for Tokenized Stocks

KuCoin Web3 has integrated Ondo Global Markets into its self-custodial wallet, extending asset access beyond native perpetual trading to include tokenized real-world assets. The update allows users to access more than 260 blockchain-based assets linked to traditional financial instruments, including tokenized U.S. equities and ETFs, directly within the wallet.  The move reflects a broader shift toward incorporating real-world assets into onchain ecosystems. By combining crypto-native assets, perpetuals, and tokenized securities in a single interface, KuCoin Web3 Wallet consolidates access to multiple asset classes while maintaining a self-custodial model. This approach reduces reliance on intermediaries while keeping user control over funds.  Through the integration, users can browse and interact with tokenized versions of companies such as Nvidia, Apple, Tesla, Microsoft, and Amazon, alongside ETFs tied to gold, silver, and the Nasdaq. Both crypto assets and tokenized traditional assets can be managed from a single interface, removing the need for separate brokerage platforms. The feature is currently supported on Ethereum and BNB Chain, with trading availability generally aligned with U.S. market hours on a 24/5 basis.  Gas Meng, Lead of KuCoin Web3 Wallet Operation, said,  “This integration reflects our broader view of what a wallet should become: not only a tool for custody and connectivity, but

05-01

Ethereum Price Slides as World Liberty Financial Offloads 8.5K ETH

Lookonchain identified the wallet as 0x77a5. Following the massive Ethereum transaction, the wallet fully repaid its outstanding loans. It also withdrew all remaining assets from Aave.  In response to this significant Ethereum selloff by WLFI, the ETH price has seen a notable downturn. The Ethereum price dropped by about 2.5% in a day and 3.5% in a week, after the WLFI move. However, currently trading at $2,254, the altcoin is still up by about 9% in a month.  Even with this immediate decline, the 24-hour volume remains positive. While this positive value coincides with the price fall, it indicates sellers taking over the market. More traders are likely to sell their holdings amid the negative outlook.  This Ethereum news marks a major move for ETH. The sale represents one of the biggest ETH transactions made by any single entity in the last few weeks. Therefore, it may represent this companys effort to realign its portfolio in a different way.  Such a series of events seems to point towards a definite de-risking strategy on the part of this entity. First, selling ETH and exchanging it for a stable currency such as USDC reduces the risk of market volatility. Second, repaying the loan and leaving Aave

05-01

Cardano Price Prediction: ADA Market Shows Neutral Bias as Flows and Leverage Cool

Tech  Cardano Price Prediction: ADA Market Shows Neutral Bias as Flows and Leverage CoolCardano trades sideways as momentum fades and conviction stays weakKey resistance near $0.251 caps upside while support at $0.244 holds firmFalling open interest signals market reset, but demand remains limited  Cardano is showing signs of life, but conviction remains absent as price compresses within a tight range. On the 4-hour chart, ADA trades sideways after a recent decline, reflecting hesitation among both buyers and sellers.  This phase signals a market searching for direction rather than committing to one. Moreover, the lack of strong momentum suggests traders are waiting for confirmation before deploying capital.  Range Structure Keeps Traders Cautious  Price action reveals a transition from lower highs into a more balanced range structure. This shift indicates that selling pressure has eased, but demand has not strengthened enough.  Additionally, clustered moving averages reinforce the neutral outlook, as they flatten and lose directional bias. Momentum indicators also support this view, showing no clear dominance from bulls or bears.  The current range highlights clear boundaries that traders continue to respect. Immediate support sits around $0.244 to $0.246, where buyers repeatedly step in.  Cardano Price Dynamics (Source: Trading View)  Below that, the $0.235 to $0.238 zone forms a stronger base. A

05-01

Bitcoin Price Near Bottom as Institutional Demand Surges, as Retail Demand Weakens

The post Bitcoin Price Near Bottom as Institutional Demand Surges, as Retail Demand Weakens appeared first on Coinpedia Fintech News  Bitcoin is trading near $76,000 after recent selling pressure, while big investors continue to show interest. This shows a growing gap between weak retail confidence and strong long-term buying by major players.  Crypto analyst Michael van de Poppe says Bitcoin is now at an important stage, with mixed signals showing a big move could come soon.  Institutional Crypto Interest Grows Despite Market Uncertainty  According to recent market observations, large financial firms are steadily increasing their exposure to crypto. Coinpedia news reported Morgan Stanley launched a spot Bitcoin ETF earlier this month, raising $100 million within its first week.  Soon after, Goldman Sachs filed for its own Bitcoin investment product. At the same time, Deutsche Borse invested $200 million into Kraken, while Intercontinental Exchange made a similar move by backing OKX.  These show that large institutions are focusing on building long-term infrastructure rather than reacting to short-term price swings.  Retail Activity at Lowest Level Since January 2025  Retail Bitcoin activity has fallen to its lowest level since January 2025.  Crpytoquant analyst darfost highlighted the chart showing transactions under $10K, which usually represent small investors. Demand has now dropped to -10%,

05-01

KuCoin Web3 Expands Wallet Capabilities with Ondo Integration for Tokenized Stocks

KuCoin Web3 has integrated Ondo Global Markets into its self-custodial wallet, extending asset access beyond native perpetual trading to include tokenized real-world assets. The update allows users to access more than 260 blockchain-based assets linked to traditional financial instruments, including tokenized U.S. equities and ETFs, directly within the wallet.  The move reflects a broader shift toward incorporating real-world assets into onchain ecosystems. By combining crypto-native assets, perpetuals, and tokenized securities in a single interface, KuCoin Web3 Wallet consolidates access to multiple asset classes while maintaining a self-custodial model. This approach reduces reliance on intermediaries while keeping user control over funds.  Through the integration, users can browse and interact with tokenized versions of companies such as Nvidia, Apple, Tesla, Microsoft, and Amazon, alongside ETFs tied to gold, silver, and the Nasdaq. Both crypto assets and tokenized traditional assets can be managed from a single interface, removing the need for separate brokerage platforms. The feature is currently supported on Ethereum and BNB Chain, with trading availability generally aligned with U.S. market hours on a 24/5 basis.  Gas Meng, Lead of KuCoin Web3 Wallet Operation, said,  “This integration reflects our broader view of what a wallet should become: not only a tool for custody and connectivity, but

05-01

Cardano Price Prediction: ADA Market Shows Neutral Bias as Flows and Leverage Cool

Cardano trades sideways as momentum fades and conviction stays weakKey resistance near $0.251 caps upside while support at $0.244 holds firmFalling open interest signals market reset, but demand remains limited  Cardano is showing signs of life, but conviction remains absent as price compresses within a tight range. On the 4-hour chart, ADA trades sideways after a recent decline, reflecting hesitation among both buyers and sellers.  This phase signals a market searching for direction rather than committing to one. Moreover, the lack of strong momentum suggests traders are waiting for confirmation before deploying capital.  Range Structure Keeps Traders Cautious  Price action reveals a transition from lower highs into a more balanced range structure. This shift indicates that selling pressure has eased, but demand has not strengthened enough.  Additionally, clustered moving averages reinforce the neutral outlook, as they flatten and lose directional bias. Momentum indicators also support this view, showing no clear dominance from bulls or bears.  The current range highlights clear boundaries that traders continue to respect. Immediate support sits around $0.244 to $0.246, where buyers repeatedly step in.  Cardano Price Dynamics (Source: Trading View)  Below that, the $0.235 to $0.238 zone forms a stronger base. A breakdown there could accelerate downside pressure.  On the upside, resistance between $0.248 and

05-01

MegaETH MEGA Token Launch and Market Expansion

Ethereum scaling project MegaETH reached its first performance target, launched the MEGA token on Thursday, and concluded the seven-day countdown. The team announced on the X platform with “MEGA — Now Trading” that tokens were distributed to users by 7 a.m. The launch was triggered by the network proving sufficient real on-chain activity. According to the announcement last Wednesday, 10 “Mega Mafia” applications went live, surpassing the first KPI threshold and starting the final countdown.  MegaETH MEGA Token Launch and Distribution Details  The MEGA token structure has become one of the elements making the launch noteworthy. The network, limited to a fixed 10 billion token supply, unusually tied 53.3% of the total supply to performance-based KPIs; instead of standard time-based vesting, it indexed future staking rewards to this. The first target required ten live applications tied to the native stablecoin USDM, co-developed with ENA detailed analysis, to form a functional core loop with real user interactions. After the token generation event, trading started rapidly in a coordinated manner on major platforms. Binance, KuCoin, Bitget, and other exchanges launched spot trading at the same time.  USDM Circulation and KPI Progress  MegaETH is positioned as a high-performance execution layer for real-time consumer-focused on-chain applications. As of

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