Fundstrat technical strategist Mark Newton says the US stock market is poised to broaden beyond semiconductors and memory stocks, warning that tech has gotten “over its skis” after an 18% rally in eight weeks and is likely to consolidate through the summer. Speaking in a recent interview, Newton identified financials, industrials, consumer discretionary, and healthcare …
Category archives: Trending Crypto news
Kaiko acquires Amberdata in blockchain data consolidation push
Paris-based crypto data platform Kaiko acquired Amberdata, a US-focused digital asset data provider, as institutional investors demand broader market, derivatives and onchain analytics for digital assets. Kaiko said the deal will expand its institutional data stack and help the combined company serve banks, asset managers, hedge funds, exchanges and trading firms that need cleaner data …
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HIVE Bitcoin holdings drop by 331 BTC in Q1, reports record $298M revenue
Canadian Bitcoin miner HIVE Digital Technologies’ Bitcoin holdings fell by 331 BTC in the latest quarter, even as the miner reported a sharp rise in annual revenue from Bitcoin mining and high-performance computing (HPC). The company reported holdings of 150 Bitcoin (BTC) in its fiscal year update on Monday, down from 481 BTC at the …
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How high can NEAR price go in June?
NEAR, the native token of the AI- and privacy-focused Near Protocol, has been an outlier in the broader crypto market, outperforming top coins such as Bitcoin (BTC) and Ether (ETH) in recent weeks. As of Tuesday, NEAR traded as high as $2.75, marking a nearly 20% rebound in the last 24 hours. In comparison, the …
Trader says XRP price setting ‘biggest bear trap’ after June monthly open
XRP (XRP) dropped to $1.25 on Tuesday after a market-wide sell-off, erasing all the gains made since early February. Key takeaways: XRP fell to $1.25 after a broader market sell-off, testing a long-term trend line and the 50-month exponential moving average support area. Support weakness has traders looking at $1 and under next, while optimists …
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DeFi Platform Radiant Capital Shutting Down Following $50,000,000 Hack
Radiant Capital (RDNT), a decentralized finance lending protocol, announced Monday it is shutting down, nearly two years after hackers drained $50 million from the platform in a sophisticated malware attack. The protocol, which operated cross-chain lending across multiple networks, was compromised in October 2024 when attackers used a “highly advanced malware injection” to breach multiple …
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POV Order Now Live on Bybit Futures, Enabling Precision Execution for Large Trades
June 2nd, 2026 – Dubai, United Arab Emirates class=”ql-align-justify”>Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has recently introduced a new order type optimized for larger trades. Percentage of Volume (POV) Order on Bybit Futures, an advanced algorithmic execution tool designed for traders managing large positions in volatile markets. Protecting Trading Intent to Reduce …
Fundstrat’s Tom Lee Says 2027 and 2028 Could Witness the ‘Biggest Gains in the Stock Market in Our Lifetime’ – Here’s Why
Fundstrat’s Tom Lee thinks 2027 and 2028 could represent a one-in-a-lifetime time period for stock gains. Lee says in a new interview with CNBC that stocks could witness challenges between now and December and encourages investors to remain “vigilant but generally bullish.” He notes that three potential major initial public offerings and midterm election seasonality …
Bitcoin back in ‘distribution phase’ as extreme fear grips crypto market
Bitcoin (BTC) sellers took control during the European trading session on Tuesday as the BTC/USD pair slipped below the $70,000 mark for the first time since April. Analysts said that Bitcoin has entered another distribution phase due to high selling pressure and investors realizing losses. Key takeaways: Bitcoin sees renewed distribution as short-term holders sell …
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Crypto treasury inflows fall to lowest level since 2024
Monthly inflows into digital asset treasury (DAT) companies fell to $180 million in May, the lowest level since October 2024, according to DefiLlama data. The May total was down 95% from April’s $4.4 billion and about 93% below the monthly average for January through May. The drop followed two strong months for DAT inflows, with …
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Mt. Gox moves $739M in Bitcoin from cold wallets: Arkham
Defunct Japanese crypto exchange Mt. Gox moved roughly $739 million worth of Bitcoin from its cold wallets early Tuesday, its first onchain movement in over two months, according to Arkham Intelligence data. Blockchain data shows the exchange transferred 10,306 Bitcoin (BTC), worth approximately $730.8 million, from its cold wallet to an unmarked address at 4:47 …
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Bitcoin price falls under $70K as crypto markets liquidate $800M
Bitcoin (BTC) traded below $70,000 for the first time in two months on Tuesday as sellers stayed in control. Key points: Bitcoin drops under $70,000 to new two-month lows. Analysis sees 200-day trend lines coming back into play as bulls fail to rescue BTC price action. Stocks continue to post record highs while crypto stays …
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Warren Buffett’s Berkshire Hathaway To Acquire $10,000,000,000 Worth of Alphabet Stock As Google Ramps Up AI Infrastructure Investment
Alphabet, the parent company of Google, announced Monday it is raising $80 billion in new equity capital to expand its artificial intelligence infrastructure, with Berkshire Hathaway Inc. participating in a $10 billion private placement. According to a new press release, Berkshire says it will purchase $5 billion in Alphabet Class A common stock at $351.81 …
Robinhood enters Canada after $180 million WonderFi acquisition
Stock and crypto trading platform Robinhood has entered the Canadian market after closing a $180 million stock acquisition of local crypto technology company WonderFi, gaining the company’s licenses and regulatory approvals in the country. Robinhood said on Monday that the acquisition marks the platform’s entry into Canada and will see crypto exchanges Bitbuy and Coinsquare …
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Bitcoin falls to 2-month low as divergence from equities widens
Bitcoin fell to its lowest level in almost two months on Tuesday as cryptocurrencies continue to diverge from traditional equity markets. Bitcoin (BTC) fell to a low of $70,023 on Coinbase early on Tuesday, its lowest level since April 7, marking a daily decline of more than 4% and a weekly loss of 8%, according …
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