After a strong bullish reversal, Ethereum’s momentum appears to be cooling amid massive profit-taking from holders. Ethereum (ETH) is trading at $2,438 as of press time, down 3.5% in the past 24 hours after a strong 34% rally over the…

Analysis: Ethereum’s rally stalls near $2.58K as holders take profits

Given the inelastic supply of gold, JPMorgan analysts believe the precious 
metal could reach prices of $6,000 per troy ounce by 2029. The bank stated 
that a shift of just 0.5% of U.S. assets held abroad into gold could send 
prices soaring. JPMorgan: Gold Might Soar to $6,000 by Trump&#8217;s Term End Gold, 
which has […]

JPMorgan: Gold Could Reach $6,000 if This Shift Happens

Solana Labs co-founder Anatoly Yakovenko proposed a new data availability 
solution aimed at tackling persistent fragmentation and lack of 
interoperability across blockchain networks.
In a May 12 post on X, Yakovenko proposed a &#8220;meta blockchain,&#8221; that could 
aggregate and order data posted across multiple layer-1 chains, including 
Ethereum, Celestia and Solana.
&#8220;This would actually allow the meta chain to use cheapest currently available 
DA offer,&#8221; Yakovenko said.
Data availability (DA) layers are third-party solutions ensuring that 
blockchains have the necessary data to validate transactions.
_Source: Anatoly_ _Yakovenko_ 
Blockchain interoperability is one of the most pressing issues for Web3 
developers, since today&#8217;s siloed layer-1 (L1) blockchain networks have no 
means of communicating or exchanging data with each other, creating a need for 
crosschain interoperability solutions like DA layers.
Other leading blockchains are also focused on improving DA solutions. 
Ethereum&#8217;s upcoming Fusaka upgrade, expected in late 2025, will focus on 
scaling the Ethereum mainnet&#8217;s capacity as a DA layer by introducing EIP-7594.
_Ethereum data capacity upgrades. Source: Binance Research_
This upgrade may boost Ethereum&#8217;s value accrual, depending on whether existing 
Layer-2 blockchains continue choosing Ethereum for data availability in the 
future, a Binance Research spokesperson told Cointelegraph.
_**Related:**__**Nasdaq-listed GDC plans to buy Bitcoin and TRUMP memecoin for 
$300M**_
## Making data availability cheap makes &#8220;everything else cheap&#8221;
Creating cheaper DA solutions is essential to reduce the costs associated with 
blockchain-based transactions, Yakovenko said in a response to his initial 
post, adding:
&gt; &#8220;Making data availability cheap allows for making everything else cheap. 
&gt; Bandwidth is the irreducible bottleneck.&#8221;
He also suggested that a more advanced solution could eliminate external 
sequencers by using a rule-based system to merge transactions across chains, 
allowing users to send transactions &#8220;anywhere.&#8221;
_**Related:**__**Bunq, Europe &#8216;s second-largest neobank, expands into 
crypto**_
Other prominent blockchain industry leaders have also called for more 
interoperability and collaborative tokenomics among the leading blockchains.
Speaking at Paris Blockchain Week 2025, Cardano founder Charles Hoskinson 
emphasized the need for collaborative economics in the crypto industry to 
counter growing competition from traditional tech firms entering the 
blockchain space.
_Charles Hoskinson. Source:__Cointelegraph_
&#8220;The problem right now, with the way we&#8217;ve done things in the cryptocurrency 
space, is the tokenomics and the market structure are intrinsically 
adversarial. It&#8217;s sum 0,&#8221; said Hoskinson. &#8220;Instead of picking a fight, what 
you have to do is you have to find tokenomics and market structure that allows 
you to be in a cooperative equilibrium.&#8221;
Aiming to align blockchain network incentives, Cardano has been working on 
&#8220;Minotaur,&#8221; a multi-resource consensus protocol that combines multiple 
consensus mechanisms and networks to pay a unified block reward to multiple 
networks at the same time.
_**Magazine:**__**Charles Hoskinson, Cardano and Ethereum &#8211; for the record**_

Solana co-founder proposes meta chain to fix blockchain fragmentation

The Bitcoin price and the entire crypto and stock market have been operating 
at the mercy of the tariff wars ignited by US President Donald Trump after 
being sworn into office. The initial wave of tariff increases on countries 
such as China triggered massive crashes across financial markets, plunging the 
Bitcoin price below $80,000. However, the tariff wars are nearing their end 
with the latest announcement from the White House regarding trade between the 
United States and China. White House Announces Reduction Of China Tariffs In 
April 2025, US President Donald Trump had announced a drastic increase of 
tariffs on Chinese goods to a high 145%, with over 180 countries also seeing 
tariff increases. This triggered a wave of panic and retaliation, triggering 
what is now known as the ‘tariff wars.’ As discussions progressed, another 
announcement in April revealed a 90-day pause on tariffs for other countries, 
with the exception of China. Related Reading: XRP Price Surge To $10: Analyst 
Reveals Factors That Will Make It Happen In 2025 While China was yet to 
exempt, the 90-day pause did have a positive effect on the market as the 
Bitcoin price recovered, taking the crypto market up with it. Since then, the 
Bitcoin price has since recovered above $100,000, as well as the stock market 
seeing multiple green days. Trade talks have since been ongoing between China 
and the United States and there has been a stopgap put in place for now. In a 
statement on the White House website, it was announced that both the Chinese 
and United States government at the US-China Economic and Trade Meeting in 
Geneva had agreed to modify their respective applications and implement a 
suspension of 24 percentage points of tariffs. This agreement is expected to 
be in place for an initial period of 90 days, giving both parties time for 
more discussions toward a resolution. The statement read that this was done in 
“the spirit of mutual opening, continued communication, cooperation, and 
mutual respect.” Why The Bitcoin Price Could Explode Currently, the rally of 
the Bitcoin price is being driven by the positive news surrounding the 
tariffs. So, it is expected that more positive news will continue to drive up 
the price. The agreement between the US and China states that both countries 
should have implemented the tariff reduction by May 14, 2025. With only a day 
left, this deadline could trigger another rally. Related Reading: Dogecoin 
Price Gearing Up For Major Explosive Rally – Why $1 Is Still In The Cards As 
the news of the suspension begins to make the rounds, it signals no negative 
news coming out regarding tariffs for the next three months at least. This 
gives time and most importantly, confidence in risk assets such as Bitcoin for 
investors looking for gains. With the return of investors into the risk 
market, the Bitcoin price could quickly cross $110,000 as early as Wednesday. 
Featured image from Dall.E, chart from TradingView.com

Why The US-China 90-Day Tariff Slash Can Push Bitcoin Price Above $110,000

**Dubai, UAE &#8211; May 2025** &#8212; TheBlock, the International Chamber of Virtual 
Assets, has announced a strategic partnership with Cointelegraph, the world&#8217;s 
leading Web3 media platform. The collaboration brings together two major 
players in the blockchain and virtual asset space, with the shared goal of 
amplifying the global adoption of tokenisation, advancing regulatory dialogue, 
and supporting builders entering the MENA region.
The agreement, signed during Token2049 Dubai, highlights Cointelegraph&#8217;s 
growing collaboration with key players in the UAE. This new partnership will 
foster deeper collaboration and mutual support across TheBlock&#8217;s ecosystem.
As part of the collaboration, Cointelegraph will set up a presence at 
TheBlock&#8217;s headquarters in Dubai World Trade Center, offering opportunities 
for engagement with founders, partners, and clients within the ecosystem. The 
partnership also includes joint participation in educational panels, 
roundtables, and summits focused on real-world assets (RWAs), compliance, and 
capital allocation.
&#8220;This partnership is not just about media,&#8221; said Farbod Sadeghian, Founder of 
TheBlock. &#8220;It is about building an access layer for the global virtual asset 
economy. By working with Cointelegraph, we are strengthening how the industry 
connects, informs, and grows &#8212; from regulatory frameworks to investment 
pipelines.&#8221;
Cointelegraph will engage with TheBlock&#8217;s ecosystem through media coverage, 
speaker participation, and collaborative events. The partnership reflects 
ongoing efforts to support the growth of Dubai&#8217;s virtual asset sector, where 
regulatory developments and real-world applications continue to evolve. 
&#8220;The partnership reflects Cointelegraph&#8217;s ongoing efforts to broaden its 
network of like-minded collaborators, all working toward the shared goal of 
strengthening and advancing the ecosystem,&#8221; said Yana Prikhodchenko**,** CEO 
of Cointelegraph. &#8220;We aim to grow the community by leveraging this partnership 
while also expanding our regional presence in the UAE. This collaboration will 
help strengthen both efforts.&#8221;
With over 100 events planned annually, a growing portfolio of international 
members, and over $8 billion in projects deal flow, TheBlock continues to 
serve as a launchpad for startups, enterprises, and institutions looking to 
expand their presence in the region.
The partnership represents a new step in aligning media and access to foster 
trust, facilitate knowledge sharing, and support progress in the virtual asset 
space.
**About TheBlock:** 
As an international chamber of virtual assets based in Dubai, TheBlock 
connects regulators, founders, investors, and institutions shaping the future 
of virtual assets. It provides a structured platform for dialogue, 
collaboration, and access across key pillars of the virtual asset economy. 
Through membership programs, strategic partnerships, and curated events, 
TheBlock offers its members direct engagement with the people and policies 
driving the industry forward. With a growing global network and strong 
regional footprint, it supports meaningful growth and influence in the virtual 
asset landscape.
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Cointelegraph and TheBlock announce strategic media partnership to strengthen global Web3 and virtual asset collaboration

As we navigate through 2025, the trajectory of stablecoins suggests they will 
continue to be the linchpin in the broader adoption of cryptocurrencies.