🚨 Web3 Daily: Top Crypto Headlines You Can’t Miss

Author

CoinGape Newsletter
May 10, 2025

News

Michael Saylor’s MicroStrategy has been a trailblazer in institutional Bitcoin adoption, with its aggressive accumulation strategy serving as a model for many other companies. In a surprising revelation, Coinbase CEO Brian Armstrong disclosed that the company had initially considered emulating MicroStrategy’s Bitcoin investment strategy, only to reject it in favor of a more cautious approach. One of the prime reasons for Coinbase’s rejection of MicroStrategy’s investment approach was its perceived riskiness. “We made a conscious choice about risk,” stated Armstrong.

Institutional investors often deploy an army of analysts and bankers while leveraging their volumes to access better market insights, compared to average retail investors. That’s why their funds are often called the ‘smart money’. So, when the second-largest investment bank allocates billions for an asset, it tends to grab attention.

Markets

Solana (SOL) price has crossed past the critical resistance level of $170, and this has sparked speculation about whether the top altcoin will spearhead the 2025 altcoin season. Solana’s gains coincide with a surge in the altcoin season index as most coins trail Bitcoin, whose rally past $103,000 has fueled bullish sentiment.

The crypto price prediction today, May 10, suggests that most coins are facing a volatile weekend after trade talks between China and the US commenced, with many traders on the sidelines anticipating whether prices will extend their gains or cool off. Much attention is going towards top meme coins like Dogecoin (DOGE), Bonk Coin (BONK), and Floki Inu (FLOKI) that are outperforming the market to determine whether they will sustain their respective price rallies.