Bitcoin’s (BTC) latest drawdown to $72,000 has coincided with a sharp drop in its market capitalization, pushing it out of the global top 10 assets by market cap. Key takeaways: Bitcoin fell to 13th place among global assets after its market cap dropped below $1.5 trillion. Gold, silver and AI stocks outperformed Bitcoin after investors …
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Strategy is facing renewed scrutiny over its preferred stock financing model as investors question whether dividend obligations could eventually pressure the company to sell some of its Bitcoin. The Strategy situation has “gotten out of hand,” Arca chief investment officer Jeff Dorman said in an X post on Thursday, referring to its roughly $15 billion …
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TLDR: Ethereum has been forming lower highs since mid-May, with trading volume declining alongside price weakness. The Estimated Leverage Ratio sits near 0.74, showing heavy derivative positioning despite falling ETH prices. Positive funding rates show long positions dominate, yet price fails to respond with any meaningful upside move. A weekly close below $1,850 could trigger …
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Crypto trader and analyst Michaël van de Poppe believes one main factor is preventing Bitcoin (BTC) and other digital assets from having massive break outs. Van de Poppe tells his 821,300 followers on X that the crypto market is being weighed down by the global economic impacts of the US-Iran conflict. However, he says he …
Memecoin launch platform DxSale was drained of $7.3 million in funds in a cyberattack that affected around 1,400 liquidity providers (LPs) on the BNB Chain. The attacker’s address “0xC457” transferred $1.87 million worth of BNB (BNB) tokens into two main wallets and subsequently deposited them into multiple Binance deposit addresses, according to blockchain data platform …
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South Korean crypto exchange Coinone said Korea Investment & Securities (KIS) and OKX Ventures agreed to invest a combined 160 billion won ($106 million) for a 19.6% stake in the platform. The investment, which remains subject to regulatory approval, would make KIS and OKX Ventures joint third-largest shareholders in Coinone behind CEO Myung-Hun Cha and …
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Key Takeaways Certik launched a security platform to provide an “anti-virus” layer for agent ecosystems. Sector audits reveal high risks, but CertiK aims to protect marketplaces with 90.5% scanning precision. Finchip.ai is among platforms expanding integrations ahead of future consumer-facing scan updates. The Security Challenge Blockchain and AI security firm Certik, on May 27, unveiled …
Key Takeaways ICE CEO Jeff Sprecher recently praised Hyperliquid, hailing the platform as bigger than Nasdaq. The CME and ICE lobbied the CFTC last month over Hyperliquid’s mammoth daily oil trading volume. Sprecher confirmed multiple meetings with the Hyperliquid team over the past month, suggesting a potential collaboration. Wall Street Giants Shift From Lobbying to …
Key Takeaways Stake DAO suffered an infinite-mint exploit on Arbitrum on May 27 which reportedly saw the attacker drain $91,000 in digital assets. The breach fuels a viral debate over DeFi security sparked by Openzeppelin co-founder Manuel Aráoz. Stake DAO is sunsetting the Arbitrum asdCRV Llamalend market and working with law enforcement. Infinite-Minting Loophole Triggers …
Key Takeaways Sui mainnet stalled for exactly 5 hours and 55 minutes on May 29, resulting from a bug in the Sui 1.72 release, which halted onchain block production. Following a 6.6% drop in price post-incident, developers deployed network patches to help resume services as usual. Sui’s dev team has noted that a full incident …
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Key Takeaways Bit Digital bought 8,568 ETH for $20M, raising holdings to 158,462 ETH. Nasdaq-listed Bit Digital deepened its ethereum treasury and AI infrastructure push. CEO Sam Tabar signaled more ETH accumulation if market conditions stay favorable. Bit Digital Buys $20M in ETH as CEO Backs Ethereum Digital Economy Thesis Bit Digital has added another …
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Blockchain infrastructure platform and stablecoin issuer Paxos says it has become the first “blockchain-native” firm that the US Securities and Exchange Commission has granted registration as a clearing agency. Paxos said on Thursday that its subsidiary, Paxos Securities Settlement Company, has become “the only blockchain-native firm” that the SEC approved to provide clearing and settlement …
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An increasing number of Bitcoin holders are seeing their investments turn red as the holding structure continues to deteriorate across major cohorts, according to CryptoQuant. Annual balance growth for whale accounts holding between 1,000 and 10,000 Bitcoin (BTC) has turned negative in the fastest contraction this year, CryptoQuant said in a report on Thursday. Monthly …
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Sui Network is back online after a nearly six-hour outage on Thursday, which it attributed to a bug introduced by an update, marking the layer-1 blockchain’s second period of downtime in 2026. Sui posted to X on Thursday that activity on its mainnet had resumed after “a halt due to a crash bug in the …
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Key takeaways: Bears gained a major edge ahead of Friday’s $9 billion options expiry, especially if Bitcoin price stays below $74,000. Spot Bitcoin ETF outflows and corporate BTC balance reductions fueled market pessimism. Bitcoin (BTC) retested the $72,500 level for the first time in six weeks on Thursday, triggering $342 million in liquidations for bullish …
