Bitmine Buys $52M ETH as Tom Lee Says Price Not yet Showing Ethereum’s Strength
Bitmine Immersion Technologies bought $52 million worth of Ether, adding 26,497 ETH and bringing its holdings to 5.4 million ETH—about 90% of its goal to own 5% of the circulating supply. The purchase comes as ETH prices slipped 4.7% over the past week, trading just under $2,000. Chair Tom Lee argues the price undervalues Ethereum’s strengthening fundamentals and predicts a crypto‑spring rally later in 2026. Bitmine plans to finalize its 5% treasury target by the end of 2026.
Strategy’s Bitcoin Sale Causes Clash for $80M in Polymarket Bets
Polymarket users who wagered over $80 million on whether MicroStrategy would sell Bitcoin by May 31 are in a dispute after the company disclosed a sale of 32 BTC between May 26 and May 31. The platform resolved the market as “No” because the...
US, UK Central Bankers Offer Contrary Views on Stablecoins
Federal Reserve Governor Christopher Waller told the Dubrovnik Economics Conference that the rise of dollar‑backed stablecoins could extend the reach of U.S. monetary policy by letting other countries import U.S. interest‑rate conditions. In contrast, Bank of England policymaker Megan Greene...
Strategy's Michael Saylor Teases BTC Buy with 'Working Better' Tweet
Strategy chairman Michael Saylor signaled that the firm will announce fresh Bitcoin purchases in the coming days, likely at or below its $75,701 average cost for the 843,738 BTC it holds. The tease came via a "Working Better" tweet that...
Bitcoin Price Targets $78K as BTC Holders Defend 'Strongest Near-Term Support'
Bitcoin rebounded about 2.5% over the weekend, climbing to roughly $74,000 and defending a key on‑chain support level near $71,400, which represents the realized price of coins held for three to six months. Analysts see that cost basis as the...
Vietnam Proposes Allowing SMEs to Use Digital Assets as Loan Collateral
Vietnam’s Ministry of Finance has drafted a revised Law on Support for SMEs that would let small and medium‑sized enterprises pledge digital assets, virtual assets and intellectual property as loan collateral. The move aims to address the current credit gap,...
Cosmos-Based Gravity Bridge Halts Bridge After Reported $5.4M Exploit
Gravity Bridge, a Cosmos‑Ethereum cross‑chain bridge, was drained of about $5.4 million after a contract key compromise. Security firm PeckShield identified the loss as $4.3 million USDC, $553k WETH, $434k USDT and $64k PAXG, with roughly $4.23 million ETH laundered via ChangeNow and...
Bitcoin Sentiment Reaches Most ‘Lopsided Positive’ Ratio for 2026: Santiment
Santiment’s latest report shows Bitcoin’s social‑media sentiment spiking to a 2.23 to‑1 bullish‑to‑bearish ratio, the most lopsided positive reading of 2026. The surge comes as the broader crypto market remains depressed, with spot Bitcoin ETFs recording $2.97 billion in net outflows since...
Circle Freezes $12.6M of USDC Linked to Privacy Protocol Zama
Circle froze $12.6 million worth of USDC that had been moved into Zama’s confidential smart contract, a privacy‑focused protocol. The freeze appears linked to a disputed governance vote by the Overnight Finance DeFi project, which earlier deposited $12.4 million into Zama. Circle...
Spot Bitcoin ETFs See Record 10-Day Outflow Streak, Analyst Calls It ‘Contrarian Indicator’
Spot Bitcoin exchange‑traded funds have experienced ten straight days of net outflows, wiping roughly $10 billion from assets under management since mid‑May. Daily redemptions ranged from $70 million to a peak of $733 million, pushing total holdings down to $94.17 billion. The streak eclipses...
Bitcoin Retail Sentiment Still Matters, Says Swan Bitcoin CEO
Swan Bitcoin CEO Cory Klippsten says retail sentiment remains crucial despite growing institutional involvement. He stresses that most Bitcoin is held in retail wallets, creating real on‑chain demand that ETFs cannot replace. Spot Bitcoin ETFs have posted $2.9 billion net outflows...
Bitcoin Falls Out of the Global Top 10 Assets as Market Cap Dips Below $1.5T
Bitcoin slipped to $72,400, shrinking its market capitalization to $1.45 trillion and dropping out of the world’s top‑10 assets to rank 13th. The decline coincided with a surge in gold, silver and AI‑driven semiconductor stocks, which attracted capital away from crypto....
Texas Bitcoin Reserve Plans Shift From ETF to Direct BTC Custody
Texas is issuing a request for proposals to hire a custody and liquidity provider that will transfer its $10 million Strategic Bitcoin Reserve from BlackRock’s iShares Bitcoin Trust (IBIT) ETF into directly held BTC. The state‑run RFP mandates acquisition, secure storage,...
OKX Ventures, Korea Investment & Securities to Buy 19.6% Coinone Stake for $106M
South Korean exchange Coinone will sell a 19.6% stake to OKX Ventures and Korea Investment & Securities for roughly $106 million. The transaction, pending regulatory approval, combines secondary share purchases with newly issued shares, making the two investors joint third‑largest shareholders...
Bitcoin’s Major Holders Halt Buys as Demand Slows: CryptoQuant
CryptoQuant reports that Bitcoin whale accounts (1,000‑10,000 BTC) posted the fastest annual balance contraction this year, while dolphin holdings (100‑1,000 BTC) have flat monthly growth since February. Long‑term holder supply reached a record 15.8 million BTC, but 40% of the total...