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    Ethereum’s Pectra upgrade unlocks smarter wallets, higher staking, and layer 2 scaling

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    Daily Bits
    May 8, 2025
    2 min read
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    Daily top performer — Vaulta (EOS)

    The S&P 500 rose 0.43% on Wednesday as markets steadied after the Fed held rates unchanged and signaled caution on future cuts amid inflation and unemployment risks. Gold dropped over 2% to $3,371 after the Fed held rates and US-China talks lifted the Dollar, though central bank buying supports long-term demand. The Coindesk Indices, which tracks the broader crypto market, rose 2.09%, with Bitcoin and Ether up 1.32% and 1.15%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

    Today's top performer is EOS, which rose by 19.9% after Vaulta announced it will rebrand and swap the $EOS token for $A on May 14.

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