Canaan taps $130M crypto reserve for stock buybacks
Canaan has authorized management to sell part of its Bitcoin and Ethereum holdings to finance share repurchases under an existing $30 million program. Summary Canaan’s crypto treasury was worth about $130 million as of Aug. 3. The miner held 1,915…
PEPE Supply on Exchanges Just Took a Massive Hit
A drop in PEPE exchange balances has added to bullish expectations despite muted trader interest. PEPE recorded a net exchange outflow of 4.54 trillion tokens in a single day, which was the meme coin’s largest daily outflow from exchanges…
Bitcoin price slips below $65K after US jobs data
Bitcoin fell below $65,000 on Thursday after stronger-than-expected U.S. jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated. Summary Bitcoin traded at $64,384, down 0.69% after failing to close above $65,000. Initial U.S. jobless claims…
Analyst Predicts 1,700% LDO Rally From Long-Term Support
LDO remains trapped in a multi-year downtrend, with analysts watching $0.47 as the level needed for a possible reversal. Analyst Crypto Patel said on August 6 that Lido DAO’s LDO token could recover more than 1,700% after falling nearly…
Solana Whale Activity Signals Potential Rally While MSTR Faces Scrutiny
On-chain data shows repeated SOL accumulation by large holders, pointing to growing confidence in the Solana ecosystem. The first hours of 2026 are revealing a crypto market at a crossroads. While notable whale activity on the Solana network hints…
Crypto Funds Pull In $47.2B in 2025, But Bitcoin Loses Ground
XRP and Solana posted massive triple-digit growth in 2025, while Bitcoin-focused crypto investment funds struggled. Digital asset investment products ended 2025 with total global inflows of $47.2 billion, which is slightly below the record $48.7 billion seen in 2024….
CNBC Crowns XRP Hottest Crypto Trade of 2026 Over BTC and ETH: Here’s Why
CNBC’s call reflects an appetite for outsized returns, as investors rotate from BTC’s maturity toward higher-beta opportunities like XRP. Ripple’s XRP token took center stage on U.S. financial television this week after CNBC labeled it the “hottest crypto trade…
Pump.fun Leads as Solana App Revenue Hits $2.4B in 2025
Despite falling meme coin volumes in 2025, Solana revealed Pump.fun and launchpads generated massive revenue. Solana-based meme coin launchpad, Pump.fun, emerged as one of the ecosystem’s top revenue-generating applications. Pump.fun was listed among seven Solana apps that generated more…
Bitcoin price tests $60k as Saylor hints at more buying
Bitcoin traded near $61,739 on June 7 after a volatile session that pushed price as low as $60,420. The rebound kept BTC above the $60,000 area, but the wider market stayed cautious after a sharp decline earlier in the week….
The Good News for Ethereum (ETH) After Collapse to $1.5K: Details
Even hackers have started to accumulate the world’s largest altcoin after the price massacre. Ethereum’s controversial history during the time of extreme distress continues, as the asset was among the poorest performers on Friday (and overall since the correction…
Gold and Silver Bleed 23% and 44% Despite US-Iran War and Rising CPI
Key Takeaways Gold fell 23% from its January 2026 high of $5,608/oz to $4,331 on June 5, 2026. Kevin Warsh’s Fed and a 172,000 May payrolls beat pushed rate-hike odds higher, pressuring metals. Central banks added roughly 19 tonnes of…
Bybit opens tokenized SpaceX access through IPO Express
Bybit has entered the tokenized equity market with the launch of IPO Express, a new product designed to offer blockchain-based exposure to private and public companies.The exchange also introduced subscriptions for tokenized SpaceX shares through a partnership with xStocks. Spot…
Bitcoin ETFs Recorded Their Worst Week Since Inception Amid BTC’s Massive Price Slide
It was an extremely painful week for the spot Bitcoin ETFs, as the outflows skyrocketed to new anti-record. The spot exchange-traded funds tracking the world’s largest cryptocurrency are typically a solid sign of how the underlying asset’s price performs,…
Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup
Key Takeaways Bitcoin’s RSI-14 hit 24 on June 7, 2026, signaling oversold conditions across shorter timeframes. Bitstamp BTC/USD shows 13 of 15 moving averages in sell territory, with the 200-day EMA at $79,916. Bitcoin must close above $63,000 to $64,000…
ZachXBT flags JuCoin reserves as users report withdrawal delays
JuCoin is facing fresh scrutiny after on-chain investigator ZachXBT flagged user complaints about withdrawal delays and questioned the exchange’s reserve claims. Summary ZachXBT said JuCoin users reported withdrawal delays over the past week, raising exchange risk concerns. JuCoin’s reported reserves…
Bitcoin’s Stumble Looks Graceful Next to Zcash’s Faceplant — Week in Review
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the…
rebound or another drop below $1?
XRP traded near $1.16 on June 7 after a sharp weekly selloff pushed the token close to the $1.00 area. The move gave traders a short-term rebound, but the wider trend remains weak. Summary XRP rebounded near $1.16, but weekly…