SEC sets Aug. 24 deadline in Nasdaq Bitcoin options review
The U.S. Securities and Exchange Commission kept Nasdaq PHLX’s proposed Bitcoin index options on hold after granting CME Group’s petition for a full Commission review. Summary SEC commissioners granted CME’s petition, keeping Nasdaq’s Bitcoin index options approval stayed pending further…
Will This Data Finally Spark a Crypto Breakout?
One of the developments already took place, but the impact was rather muted, for now. Bitcoin, the altcoins, and the broader financial markets face another eventful week, with geopolitical developments, key US labor data, major earnings reports, and fresh…
Michael Saylor says BIP-110 lacks miner consensus
Bitcoin Improvement Proposal 110 can no longer reach its 55% voluntary miner threshold during the current difficulty period, according to blockchain signaling data and an Aug. 1 analysis from Strategy Executive Chairman Michael Saylor. Summary 28 signaling blocks appeared among…
Teleprompter Operator Accused in Kalshi Betting Case Is No Longer a Federal Employee
A White House teleprompter operator at the center of Trump speech betting allegations is out of government. White House teleprompter operator Gabriel Perez is no longer employed by the federal government after being placed on unpaid leave over allegations…
Allbridge Pauses Protocol After $1.65M Exploit Drains Stablecoin Liquidity Pools
Allbridge has asked users to withdraw liquidity immediately after a $1.65 million exploit. Cross-chain stablecoin bridge, Allbridge Core, suffered a security exploit that resulted in losses of approximately $1.65 million, according to blockchain security firm PeckShield. The firm said…
3 AIs Give Surprising Answers
SOL is the “easiest pick,” ChatGPT said. The prolonged bear market has left numerous crypto investors underwater, as prices of countless digital assets have crashed by double digits over the past several months. Despite the grim reality, the current…
Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan
Crypto winter looks different this cycle as capital rotates toward smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are…
Bitcoin Risks $55K Slide as Analyst Doubles Down on $100K Target
Key Takeaways A crypto strategist said bitcoin could revisit $55,000 if the $60,000 support level breaks. The $55,000 level aligns with bitcoin’s realized price and has held during major downturns. Despite recent pressure, the strategist maintained a $100,000 year-end target…
What 13 days of Bitcoin ETF outflows really means
It is the longest losing streak the spot Bitcoin ETFs have ever recorded. Summary U.S. spot Bitcoin ETFs recorded a record 13 consecutive trading days of net outflows, with roughly $4.37 billion leaving the funds between May 15 and June…
Bitcoin ETFs Bleed $326M as BTC Sinks to $59K and Ether Slides Toward $1,500
Key Takeaways U.S. spot bitcoin ETFs lost $326 million while ether ETFs shed $5.97 million yesterday. The redemptions resumed selling pressure barely a day after both products snapped outflow streaks. Persistent outflows signal cooling institutional appetite as bitcoin trades near…
Zcash Plunges After Four-Year Bug Could Have Allowed Unlimited Token Minting
Zcash (the token is known as ZEC) is facing a massive wave of skepticism after the development community published details about a critical vulnerability in Orchard, the network’s latest shielded pool. ZEC plunged over 50% at one point following this…
Will Solana price slide to $50 next as whales cut exposure?
Solana price has fallen to a multi-year low as a major corporate holder moved $31.9 million worth of SOL to Coinbase Prime, adding to fears that whales are reducing exposure during the market selloff. Summary Solana price fell to a…
Cardano Foundation CEO Urges Calm as ADA Slides to Late-2020 Lows
Frederik Gregaard points to on-chain governance, DeFi expansion, and real-world asset programs as ADA erases nearly a third of its value in a week — even as key ecosystem projects shutter around him. Cardano’s native token ADA hit a price…
OG Bitcoin Holder Wakes Up, Redeems Casascius Coin For 25 BTC After 15 Years
The Casascius coin that was redeemed within the week was created in December 2011 alongside thousands of other coins. As bitcoin (BTC) continues to weather the storms of the bear market, the asset’s OG holders are waking up. A…
NEAR and WLD Round-Trip as Zcash Rebounds 18% From Its 50% Drop
Key Takeaways Zcash fell nearly 50% from its $624 June 4 high before rebounding about 18% over the past 24 hours. An Orchard pool flaw cost ZEC its privacy-coin lead, dropping it from 11th to 16th by market cap. NEAR…
Dogecoin price under pressure as giant H&S pattern targets deeper losses
Dogecoin has fallen to its lowest level in years after a decisive breakdown from a multi-year head-and-shoulders pattern added fresh selling pressure during the latest crypto market rout. Summary Dogecoin price has broken below a multi-year head-and-shoulders neckline, putting the…
Bitcoin Price Prediction: Why June 10–12 Could be Huge for Crypto
The Bitcoin price prediction for the next few weeks rests on three heavyweight macro events that are about to land in a seven day window, and crypto is sitting in the crossfire. On June 10, the May inflation data will…