Bitcoin (BTC) saw flash volatility around Tuesday’s Wall Street open as US-Iran nerves rocked risk assets. Key points: Bitcoin briefly taps $78,000 as volatility returns to markets at the Wall Street open. US stocks hit new all-time highs, while crypto continues to underperform. Positive funding rates spark fresh warnings over Bitcoin’s immediate outlook. Bitcoin neutralizes …
Continue reading “Bitcoin ‘liquidation hunts’ control BTC at $77K amid new Iran peace deal doubts”
Near Protocol’s native token, NEAR, has the potential to grow 20x by 2027, according to Arthur Hayes, co-founder of the crypto derivatives exchange BitMEX. Key takeaways: Hayes said NEAR Intents could make privacy coins like Zcash more usable across blockchains without bridges or multiple wallets. NEAR has surged more than 90% since Hayes publicly highlighted …
Continue reading “NEAR token price has ‘potential to grow 20x,’ says Arthur Hayes”
Key Takeaways Stable launched StableEarn on May 26, with the first Morpho vault backed by Theo’s 3 RWA products. Gauntlet curates risk for the vault, overseeing more than $1B in assets across the Morpho protocol. Theo’s thBILL, thGOLD, and thUSD target USDT holders seeking yield tied to real-world market returns. Stable Brings Institutional USDT Yield …
Continue reading “Stable and Theo Open Morpho Vault for USDT Holders Seeking Real-World Asset Yield”
Key Takeaways Bitcoin dropped nearly 10% to $74,027 on May 23 as a $766M liquidation event wiped BTC longs. Bitfinex analysts warn $79,000 acts as heavy breakeven resistance, capping near-term BTC recovery. Truth Social pulled its bitcoin ETF applications, citing fee compression and BlackRock’s market dominance. Long BTC Traders Sit Underwater as Bitfinex Report Points …
Continue reading “Analysts Flag $79K Resistance After $766M Bitcoin Liquidation Wipes May Gains”
Key Takeaways Timechainindex.com founder Sani flagged a 107 BTC burn on May 25 worth more than $8.2 million. The bitcoin burn wallet’s holdings reached 807 BTC, valued at nearly $62.15 million. Counterparty burned 2,131 BTC in 2014, fueling renewed proof-of-burn debate. Bitcoin Burn Wallet Jumps to 807 BTC After Mystery User Burns $8.2 Million According …
Key Takeaways Bitwise launched BWCC on Deutsche Börse, tracking Canton Network’s CC token. Goldman Sachs and Microsoft back Canton as tokenized finance gains institutional traction. Bitwise’s 0.85% ETP expands regulated access to blockchain infrastructure for capital markets. Canton Network Attracts Institutional Investors Through New Bitwise Crypto Product Bitwise Asset Management has launched a new exchange-traded …
Continue reading “Bitwise Launches Canton ETP on Deutsche Börse”
Key Takeaways Strategy retired $1.5B of 2029 convertible notes for $1.38B cash, an 8% discount to par, on Tuesday. The debt buyback added 4,391 BTC in gains, bringing Strategy’s total holdings to 843,738 bitcoin. Strategy plans to rebuild its $871M USD Reserve through future Digital Capital and equity sales. Strategy Retires $1.5 Billion in Debt …
Continue reading “Strategy Cuts $1.5B in Convertible Debt and Grows Bitcoin Holdings to 843,738 BTC”
Key Takeaways Kraken deposited 5.06 ETH ($1.07M) into Eigencloud on May 26, per EmberCN. EIGEN token trades at $0.25, roughly 96% below its $5.65 all-time high despite $6.53B in TVL. Eigencloud runs a -$12.7M annual earnings deficit, spending $56.77M in incentives vs $13.6M in fees. Kraken Deposit Signals Institutional Interest in Ethereum Restaking Kraken, one …
Bitcoin (BTC) is up roughly 30% from its Feb. 6 low below $60,000 as a multi-year bullish chart pattern suggests BTC price could rise to as high as $220,000 in the coming months. Key takeaways: Bitcoin’s cup-and-handle pattern puts BTC’s minimum target at $220,000, but $74,000 must hold. Bitcoin spot volume has collapsed 81% since …
Continue reading “Bitcoin’s big cup-and-handle pattern targets ‘minimum’ $220K BTC price”
Ethereum treasury companies are under pressure to generate revenue from staking and other yield strategies as spot crypto exchange-traded funds (ETFs) weaken the appeal of public companies that simply hold Ether (ETH), according to a new Everstake report. Staking accounted for an average of 60% of reported revenue among six ETH treasury firms that separately …
Continue reading “Ethereum treasury firms lean on staking as ETF pressure builds: Report”
Smaller Bitcoin treasury firms added 602.6 BTC worth about $46 million last week, even as the largest corporate holders appeared to pause their acquisitions. The purchases included a 381.6 Bitcoin (BTC) acquisition by asset manager and Bitcoin treasury company Strive, 200 BTC bought by global consumer food brand DDC Enterprise Limited, 19 BTC acquired by …
Continue reading “Bitcoin treasury firms add 603 BTC as Strategy pauses buying”
Crypto exchange Binance is partnering with fintech company BlockShoals Technologies in what the platform described as its first formal market-entry approach in the Philippines, through local partnerships and regulatory engagement. On Tuesday, Binance announced the partnership, highlighting that BlockShoals is an approved participant under the Philippine Securities and Exchange Commission’s (SEC) Strategic Sandbox, or StratBox, …
Continue reading “Binance eyes Philippines return through SEC sandbox partnership”
TLDR: Ethereum Foundation sees a concentrated wave of exits across research and protocol leadership roles recently. Contributors spanning Beacon Chain, L2 scaling, and coordination roles have stepped away in a short window. Vitalik Buterin reaffirmed Ethereum Foundation resilience and continued progress on core roadmap execution. Market attention shifts toward Ethereum leadership continuity amid growing L2 …
Continue reading “Ethereum Leadership Shift as Ethereum Foundation Talent Rotation Accelerates”
Fundstrat’s Tom Lee, known for his consistently bullish equity predictions, thinks certain categories of stocks could face a bear market later this year. Lee says in a new CNBC interview that parts of the stock market look vulnerable due to “midterm seasonality,” petroleum shortages and a wave of upcoming initial public offerings (IPOs) that he …
The Bhutanese government is shifting a portion of its Bitcoin (BTC) holdings to a different wallet. The crypto de-anonymizing platform Arkham notes that Bhutan’s government recently moved $7 million worth of BTC to a Segregated Witness (SegWit) address. Arkham says the move could indicate a potential transfer or sale. “Bhutan will periodically move small amounts …
