BTC falls below the $93500 mark

According to BlockBeats news, on May 5th, according to official sources, Binance Wallet will launch its 15th exclusive TGE subscription campaign from 4pm to 6pm (UTC+8) on May 6th. This project is called MYX Finance (MYX). It is reported that the specific subscription qualifications will be announced before the subscription begins. In addition, the project team will provide an additional 40 million MYX tokens for future market promotion activities, and specific details will be announced separately.

The trading volume of Binance TRUMP/USDT surged 12 times within 10 minutes, with a turnover of 92.29 million US dollars in the past 24 hours, an increase of 1.26%. A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.

Odaily Planet Daily News: Matrixport published an article on X platform stating that in the past year, crypto Twitter has been calling for a rebound in altcoins almost every month, but none of them have been successful. But the rebound of altcoins is not driven by chart patterns or some assumed actions that lag behind Bitcoin. On the contrary, they rely on the decline of Bitcoin's dominant position and the increase of the total cryptocurrency market value. As Bitcoin's dominant position climbs, Ethereum performs poorly and few other cryptocurrencies have become trusted competitors in this cycle. Without a strong alternative narrative or leadership, other cryptocurrencies may continue to fall behind. Our other cryptocurrency performance models currently support this view, let's continue to look at things like Bitcoin.

According to BlockBeats news, on May 5th, according to the official announcement of SanShang YuYa Meme Coin, the valid subscription addresses for this pre-sale are 17560, and the total valid subscription amount is 23320.74 SOLs. The team identified over 21000 junk transactions, which attempted to submit SOLs of less than 0.002, totaling approximately 1.158 SOLs. Therefore, addresses with a deposit of ≥ 0.002 SOL will receive Mikami coins proportionally.

According to the official blog announcement of IOTA, the IOTA Rebased mainnet upgrade has officially started today (May 5, 2025) at 9am Central European Summer Time (4pm Beijing/Tokyo Time). This upgrade marks the migration of the network from the original Stardust mainnet to the new IOTA network. The upgrade process is carried out through a "Genesis Ceremony" jointly performed by the IOTA Foundation and 12 initial validators including DLT Green, P2P, Luganodes, KILN, Stakin, etc., involving steps such as shutting down the old network, generating ledger snapshots, verifying data, creating and signing genesis blocks, and launching a new network. For IOTA token holders, this upgrade is seamless, without the need for token migration, and the assets are secure. But users need to prepare the private key, mnemonic words, or Firefly/Bloom Stronghold backup file of the original wallet in order to import and access assets in the new official wallet (browser extension form, which will replace the no longer supported Firefly desktop wallet). Users using the Ledger hardware wallet also need to install a new version of the IOTA Ledger application that is compatible with the new mainnet. During the upgrade period, most exchanges that support IOTA will temporarily suspend the recharge and withdrawal services of IOTA tokens, and are expected to resume normal operations shortly after the upgrade is completed. IOTA EVM is expected to resume operation within 4 to 8 hours after the main network is started.