Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million Ether tokens and is about 90% of the way to its target after its latest purchase. Bitmine Immersion Technologies has purchased another $52 million worth of Ether (ETH), with its chair, Tom Lee, saying that the token’s price isn’t yet reflecting...Continue Reading

A clash has erupted among Polymarket users over the timing and disclosure of a recent Bitcoin sale by Strategy, with more than $80 million traded on the disputed outcome. Polymarket users who bet on when Michael Saylor’s Strategy would sell Bitcoin are in dispute with the prediction market platform over the timing and disclosure of...Continue Reading

Radiant says its frontend and smart contracts will remain accessible and users will still be able to withdraw, repay, and manage their positions. Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50 million in October 2024. Radiant’s...Continue Reading

Selling from all angles pushed Bitcoin below $71,000 at the weekly open, but early bullish positioning in BTC derivatives may signal the start of a recovery. Key takeaways: Bitcoin (BTC) dropped below $71,000 on Monday for the first time in seven weeks, liquidating $276 million in leveraged bullish positions as traders reduced their positions amid...Continue Reading

The integration gives fintech and institutional platforms a new pathway to evaluate DOGE amid signs of slowing crypto adoption. The Dogecoin Foundation’s corporate arm has partnered with Paxos to integrate DOGE across its brokerage and custody infrastructure, potentially expanding access to the memecoin through regulated financial channels. According to a Monday announcement, Dogecoin (DOGE) will...Continue Reading

Many Democratic lawmakers have said that they will not support any version of a crypto market structure bill without provisions on ethics to address potential conflicts of interest by elected officials. US Senate consideration of the Digital Asset Clarity (CLARITY) Act is likely to resume as members reconvene this week after an extended Memorial Day...Continue Reading

Bitcoin’s sharp volatility decline coincides with a 114-day trading range, setting the stage for a potential 10% to 20% price move, but the direction remains uncertain. Bitcoin’s realized volatility has fallen to 17.2%, one of its lowest levels in recent months. Multiple Bitcoin analysts have said that long periods of price compression, alongside declining volatility,...Continue Reading

The Parliamentary Association for the Promotion of Blockchain delivered recommendations to Japan’s finance minister on crypto and blockchain. A group of lawmakers within Japan’s Liberal Democratic Party (LDP) are seeking reforms to the country’s cryptocurrency taxation system, as well as support for initiatives for the development and adoption of yen-denominated stablecoins. According to a Monday...Continue Reading

Strategy’s 32 BTC transaction has sparked debate over how investors value Bitcoin treasury companies as capital structure and liquidity considerations evolve. Shares of Michael Saylor’s Strategy fell Monday after the company disclosed its first Bitcoin sale since adopting a “never sell” philosophy, prompting fresh scrutiny of the corporate Bitcoin treasury model. Nasdaq-traded MSTR stock was...Continue Reading

Long-term whales have cashed out millions of dollars from Ethereum following the recent sell-off, potentially putting ETH at risk of further losses. An early Ether (ETH) investor sold their ETH holdings over the past week as the price headed toward $2,000, sparking fears of further losses. However, onchain data tells a different story as traders...Continue Reading