Bitcoin and most altcoins rose on Monday, continuing a trajectory that started late last week. Bitcoin (BTC) rose to $87,500, while tokens like Kaspa (KAS), Fartcoin (FARTCOIN), Solana (SOL), and Shiba Inu (SHIB) jumped by double digits. Several catalysts are…

Here’s why altcoins like Kaspa, Fartcoin, Solana, Shiba Inu are rising

Bitcoin (BTC), the market’s leading cryptocurrency, has surpassed the $100,000 
mark for the first time since February, driven by a notable shift in President 
Donald Trump’s tariff policies, which sparked renewed optimism in the crypto 
market. Bitcoin Only 6% Off Its All-Time High Over the past months, aggressive 
tariff strategies implemented by Trump negatively impacted cryptocurrency 
prices, with Bitcoin experiencing a significant correction. The digital asset 
dropped to as low as $74,000, marking a 25% decline from its record high of 
$109,000 reached in January. However, the President’s decision to pause his 
so-called “tariff war” has led to a remarkable rebound in crypto prices 
boosted by a $6 billion trade deal with the UK announced on Thursday. Related 
Reading: XRP Is Forms Bullish Reverse Dragon Head Pattern, How High Can Price 
Go? In the thirty-days time frame, the market’s largest cryptocurrency has 
recorded a staggering 31% price surge, positioning it just 6.7% below its all- 
time high. Antoni Trenchev, co-founder of the crypto exchange Nexo, remarked: 
Bitcoin has not only reclaimed $100,000 for the first time in three months but 
has also reaffirmed its status as the ultimate bouncebackable asset as the 
prospects for US trade deals brighten. Other major cryptocurrencies have also 
benefited from this shift. Ethereum (ETH) has regained the $2,000 mark for the 
first time since late March, experiencing a 12% surge in just 24 hours, while 
Dogecoin (DOGE) followed closely with an 11% increase. Trenchev pointed out 
that Bitcoin’s recent performance is bolstered by a supportive pro-crypto 
administration and increased buying interest from spot-exchage-traded fund 
(ETF) investors. He noted that Bitcoin’s outperformance against US equity 
benchmarks in 2025 reinforces its status as a resilient and safe-haven asset. 
Analysts Warn Of Challenges Ahead Amid Global Uncertainty Despite the current 
bullish sentiment, Trenchev cautioned that Bitcoin’s resilience will be tested 
amid an uncertain global macroeconomic and geopolitical environment. Rising 
tensions between India and Pakistan pose potential risks, while the US Federal 
Reserve (Fed) remains cautious about cutting interest rates amid concerns over 
unemployment and inflation. Related Reading: VWAPs Don’t Lie—XRP Faces 
Judgment Day At Monthly Support Since the introduction of the tariff policy in 
early April, Bitcoin has gained more than 16%, while spot gold has risen 
nearly 6%, and the S&amp;P 500 has seen only marginal gains, illustrating 
Bitcoin’s growing appeal as a hedge against traditional market fluctuations. 
In order to confirm its upward trend, analysts predict that Bitcoin will need 
to break above its January high of over $109,350. According to Trenchev, the 
cryptocurrency&#8217;s price might stay between $70,000 and $109,000 for the months 
following the election. Nevertheless, he emphasized that reclaiming the 
$100,000 milestone is a significant achievement for Bitcoin. “Buying during 
peak fear—just last month Bitcoin was languishing around $74,000—can be 
exceptionally lucrative,” he concluded. Featured image from DALL-E, chart from 
TradingView.com

Trump’s $6 Billion Trade Deal With The UK Pushes Bitcoin Past $100,000

An urgent plea from a top former regulator presses Congress to act now, 
warning that inaction on crypto oversight endangers millions amid rampant 
fraud and market disorder. Former CFTC Chair Urges Congress to Act Now as 
Crypto Regulation Void Endangers Millions Rostin Behnam, former chairman of 
the U.S. Commodity Futures Trading Commission (CFTC) and now […]

Congress Urged to Close Dangerous Crypto Oversight Gap Now

The incident highlights the potential for manipulation and trust issues within 
the crypto community, impacting investor confidence.
The post Zerebro co-founder Jeffy Yu, who played dead, got caught in his 
parents&#8217; driveway appeared first on Crypto Briefing.

Zerebro co-founder Jeffy Yu, who played dead, got caught in his parents’ driveway

AI decentralized apps (DApps) have seen a spike in user activity and could 
soon challenge gaming and DeFi for the top spot in the DApp ecosystem, 
according to blockchain analytics platform DappRadar.
Gaming and DeFi are both sitting on 21% dominance in April, judged by 
percentage of unique active wallets, while AI has climbed to 16%, up from the 
11% recorded in the February report, data in DappRadar&#8217;s April industry report 
shows.
&#8220;As user interest in artificial intelligence tools grows across industries, 
AI-powered DApps are steadily carving out their place in the decentralized 
ecosystem,&#8221; DappRadar analyst Sara Gherghelas said.
&#8220;If this trend continues, AI could soon challenge the traditional dominance of 
DeFi and Gaming, signaling a new era in the DApp landscape.&#8221;
_AI DApps have seen a jump in market dominance this month, while market 
leaders have declined slightly. Source:__DappRadar_
At the same time, AI DApp activity surged over 26% to reach 3.8 million daily 
unique active wallets (dUAW), up from the 2.6 million dUAW recorded in 
February.
In contrast, DeFi activity dropped by 16%, settling at 4.8 million dUAW, which 
is equal to the gaming sector, which saw a 10% decline as well.
_Source:__DappRadar_
Gherghelas said most of the top AI DApps being tracked by DappRadar have 
remained the same, with many tied to AI agent infrastructure and those 
building utility.
LOL, a project that styles itself as an AI-powered mining system, is the top 
AI DApp on DappRadar&#8217;s list in dUAW. 
LOL encourages users to send a voice recording of laughter to Telegram groups 
that use the LOL AI bot, which then uses factors like pitch and frequency to 
calculate the number of LOL tokens paid out in rewards.
Coming in second is AI-powered decentralized messaging service Dmail Network. 
Rounding out the top three is World.Fun, a launchpad that allows users to 
deploy AI agents into massive multi-agent simulations.
&#8220;This month, the top AI DApps on our platform remain largely unchanged, 
reinforcing the staying power of early leaders in this space. These projects 
are not just riding the hype: they&#8217;re building utility,&#8221; she added.
Last December, crypto industry execs told Cointelegraph they expected AI 
agents to transform Web3 in 2025, flagging crypto staking and onchain trading 
as emerging early use cases.
However, there was also speculation that AI would face headwinds, including 
technical challenges, regulatory hurdles, and centralization.
## Social DApps rise as Web3 holds ground
Social DApps also saw a spike in activity for April, with an 18% increase to 
3.6 million dUAW. Social DApp market dominance also grew to over 15% for the 
month.
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Survey**_
Gherghelas said overall that &#8220;Web3 is holding its ground,&#8221; despite wider 
market turbulence in the wake of sweeping US tariffs, with 23 million daily 
active wallets recorded in April, compared to the 24 million recorded in 
February.
&#8220;April&#8217;s top performers underscore a key narrative: utility and narrative- 
driven hype, especially around memecoins and AI, are major drivers of user 
engagement,&#8221; Gherghelas said.
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AI decentralized apps are coming for the Web3 throne: DappRadar

Apple is reportedly working on its own microchips across multiple product 
categories, including smart glasses and artificial intelligence &#8212; a hint at 
what&#8217;s next for the massive Silicon Valley-based tech giant.
A May 8 report from Bloomberg, citing people familiar with the matter, said 
the company is working on new processors to power its future devices, 
including its first smart glasses to rival Meta&#8217;s Ray-Bans, more powerful 
Macs, and artificial intelligence servers.
The smart glasses &#8212; a first for Apple &#8212; would rely on a specialized chip 
codenamed N401. The processor is based on Apple Watch chips but is further 
optimized for power efficiency and designed to control multiple cameras 
planned for the glasses, the sources said.
Apple&#8217;s smart glasses will initially be non-augmented reality versions that 
will include cameras, microphones and integrated AI, much like rival offerings 
from Meta. They would presumably have similar functions like snapping photos, 
recording video and offering translation options, the report added.
The product may also integrate a visual intelligence feature for scanning the 
environment and describing objects, looking up information about products and 
providing directions.
Mass production targeted for late 2026 or 2027, suggesting a product launch 
within approximately two years, they added. 
_Apple is targeting rival Meta &#8216;s smart Ray-Bans. Source: __Ray-Ban_
The Bloomberg sources added that other semiconductors were also developing 
chips to power future Macs and AI servers that can power the firm&#8217;s &#8220;Apple 
Intelligence&#8221; platform.
_**Related:**__**Apple softens crypto-related app rules, &#8216;hugely bullish&#8217; for 
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Meanwhile, MacRumors reported that chips codenamed &#8220;Komodo&#8221; will likely be M6 
chips that will follow this year&#8217;s M5 chips, while chips codenamed &#8220;Borneo&#8221; 
will be Apple&#8217;s future M7 processors with another more advanced chip that will 
debut in the future codenamed &#8220;Sotra.&#8221;
## Dedicated Apple AI chips
Apple is also working on its first dedicated AI server chips in a project 
codenamed &#8220;Baltra&#8221; to power its Apple Intelligence platform, according to 
Bloomberg.
The firm&#8217;s Baltra chips could have up to eight times the processing and 
graphics cores of the current M3 Ultra chips, the report added. Apple has 
targeted completion by 2027 to make its AI services faster and more 
competitive.
In late April, it was reported that Chinese tech giant Huawei has developed a 
powerful AI chip that could rival high-end processors from US chip maker 
Nvidia.
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