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Bitcoin saw its lowest levels since the middle of April as BTC price action continued ot diverge from thriving US stock markets. Bitcoin (BTC) deepened six-week lows at Friday’s Wall Street open as US stock markets diverged to all-time highs. Key points: Read more
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Former CEO Alex Mashinsky filed documents seeking to vacate his 12-year sentence, which included claims involving FTX and a “hostile takeover” by a former Celsius executive, who was sentenced to time served. Alex Mashinsky, the former CEO of defunct cryptocurrency lending platform Celsius, has filed a motion in a New York court to vacate his...
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Analysts warn Ether’s downside risks remain elevated as traders closely watch the $1,800 support zone for stability. Market analysts say Ether (ETH) still faces “downside pressure” that could trigger another ETH price sell-off as traders shift their focus to support at $1,800.  Key takeaways: Analysts have highlighted several reasons for Ether’s potential to drop lower,...
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Spot Bitcoin ETFs recorded a nine-day outflow streak totaling $2.84 billion, surpassing an eight-session outflow run in February 2025. US-listed spot Bitcoin exchange-traded funds (ETFs) posted their longest outflow streak since launch, extending withdrawals as institutional demand for Bitcoin exposure weakened. Spot Bitcoin ETFs recorded another $223 million in net outflows on Thursday, marking the...
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ICE’s CEO said regulators need to create a “level playing field” for launching 24/7 onchain perps contracts, which are already trading on exchanges such as Hyperliquid. Intercontinental Exchange, the parent company of the New York Stock Exchange (NYSE), is urging regulators to allow regulated exchanges to offer 24/7 onchain perpetual futures trading, according to ICE...
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XLM rallied after US financial giant DTCC announced a partnership with the Stellar Network, but it still risks a sharp downside in the coming weeks. Stellar’s native token, XLM, has rallied more than 50% this week, outperforming the broader crypto market, which has declined by nearly 5% in the same period. Key takeaways: XLM’s price...
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Bitcoin’s market cap has dropped below $1.5 trillion, pushing it out of the world’s top 10 assets amid AI stock and precious metal rallies. 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’s...
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Strategy’s capital structure may be under pressure as Arca’s Jeff Dorman highlights $15 billion in preferred stock obligations and CEO comments on possible Bitcoin sales. 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...
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Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock’s IBIT ETF into directly held coins and build full state‑level BTC plumbing. Texas is seeking a custody and liquidity provider to help move its Strategic Bitcoin Reserve from BlackRock’s iShares Bitcoin Trust (IBIT) spot Bitcoin exchange-traded fund (ETF) into...
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DxSale was drained for about $7.3 million from BNB Chain liquidity providers, raising fresh concerns over old DeFi locker contracts. 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...
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