CryptoQuant says that the holding structure for large Bitcoin holders is deteriorating, a trend that has historically preceded “sustained price weakness.” 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...Continue Reading

The Sui mainnet has resumed after a bug in a network update took it offline for 5 hours and 55 minutes. 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...Continue Reading

Bears hold the upper hand for Friday’s $9 billion options expiry, keeping Bitcoin under pressure amid heavy ETF outflows and corporate selling Key takeaways: Bitcoin (BTC) retested the $72,500 level for the first time in six weeks on Thursday, triggering $342 million in liquidations for bullish leveraged positions. Despite a subsequent relief bounce to $73,500,...Continue Reading

Gemini is leaning into AI features for its prediction market, following other crypto exchanges in moving beyond crypto trading amid a market slump. Crypto exchange Gemini has partnered with Elon Musk’s SpaceXAI to launch an artificial intelligence-powered feature for its prediction markets platform that will allow users to curate personalized feeds. Gemini said on Thursday...Continue Reading

Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows. Solana (SOL) futures dropped sharply in May as traders reduced leveraged exposure across all exchanges. SOL open interest (OI) dropped to $1.90 billion on Thursday from $2.75 billion on May...Continue Reading

The investment firm said nation-states and central banks are increasingly turning to assets like Bitcoin and gold as alternative settlement systems outside of US control. Recent moves by the Iranian government to Bitcoin for oil tolls as gold overtakes US dollar assets in global central bank reserves signals a “shift away from dollar-based systems,” according...Continue Reading

Kalshi sued Minnesota while the CFTC filed against Rhode Island as legal wrangling with state-level authorities seems likely headed to the US Supreme Court. The US Commodity Futures Trading Commission (CFTC) and companies behind prediction market platforms are continuing legal fights against state-level authorities, with the latest battlegrounds centered in Rhode Island and Minnesota. Last...Continue Reading

The purchase pushed the Nasdaq-listed company ahead of Coinbase Global to become the fourth-largest public corporate holder of Ether, according to CoinGecko data. Bit Digital purchased $20 million worth of Ether earlier this month, increasing its holdings to roughly 158,462 ETH. The Nasdaq-listed company said Thursday it acquired 8,568 ETH (ETH) on May 11 at...Continue Reading

The future of a digital asset market structure bill in Congress is still uncertain amid concerns over ethics provisions, with president, whose crypto ties are under scrutiny, weighing in on social media. US President Donald Trump said Wednesday that he intended to codify a “future-proof digital asset market structure,” likely referring to the Digital Asset...Continue Reading

The European Union’s Markets in Crypto Assets regulations first took effect in 2024, but gave crypto service providers time to fully comply with the framework. The French Financial Markets Authority (AMF) warned that crypto companies operating in the country without a license have until June 30 to acquire the permits or exit the country. AMF...Continue Reading