This steady drip of ETF outflow continues to add to the supply side without a visible demand offset, said Glassnode. Bitcoin is sliding into a high-risk environment due to continued institutional selling, primarily from US spot exchange-traded funds, according to crypto analytics platform Swissblock. Swissblock said on Tuesday that its Bitcoin risk index was at...Continue Reading

Bitmine’s Tom Lee says the firm could be considered for the Russell 1000, and its stock may get a boost from active and passive fund managers. Ether treasury company Bitmine Immersion Technologies has been included in a preliminary list for potential inclusion in the Russell 3000 index, a move that chairman Tom Lee hinted could...Continue Reading

Ondo Finance says its founder, Nathan Allman, died unexpectedly, with company president Ian De Bode to serve as CEO. Nathan Allman, the founder and CEO of Ondo Finance and one of the pioneers of blockchain tokenization, has died aged 32. “It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo’s...Continue Reading

Kelp DAO says that sETH mints, redemptions and rewards operations have been running smoothly since it opened withdrawals for the token earlier this month. Ethereum liquid staking protocol Kelp DAO says its restaked Ether token has been restored with a five-week recovery effort after the protocol suffered a $293 million exploit by North Korea’s Lazarus...Continue Reading

Bitcoin’s 8-month low volatility can’t predict BTC’s price prediction but derivatives data does suggest that a rally to $82,000 would cause a large short squeeze. Key takeaways: Bitcoin (BTC) implied volatility dropped to 36%, its lowest level in eight months, signaling that professional traders are pricing in lower odds of wide price swings. While declining...Continue Reading

Data suggests that Bitcoin may be gearing up for a rally to $82,000. Will bulls seize the opportunity? Key takeaways: Bitcoin (BTC) reclaimed the $77,000 level on Monday following a recovery in global stock markets. US President Donald Trump stated on Saturday that talks with Iran to reopen the Strait of Hormuz were progressing, causing...Continue Reading

Bitcoin reclaimed $77,000 despite rising exchange supply and spot BTC ETF outflows. Will bulls push BTC to $80,000 this week? Bitcoin (BTC) needs fresh spot demand to absorb the rising BTC supply across exchanges and exchange-traded funds. Recent exchange inflows and ETF outflows created nearly 34,000 BTC in local selling pressure, while derivatives data showed...Continue Reading

50,000 crypto investors fight back against a new crypto tax in South Korea, and a funeral service company loses $33M on Bitmine. Asia ExpressContinue Reading

Bitcoin’s weekend bounce shows strong demand at lower levels, but holding $78,000 may remain a challenge for the bulls. Key points: Bitcoin (BTC) bounced on Saturday following US President Donald Trump’s announcement in a post on his Truth Social platform that negotiations between the US and Iran were “proceeding in an orderly and constructive manner.”...Continue Reading