According to Bitmine Chairman Tom Lee, rising oil prices are the biggest reason Ethereum (ETH) has been struggling, and he says the inverse correlation between the two assets has hit the highest level ever recorded. His observation has come at a time when ETH is trading near $2,100, down roughly 3% in 24 hours and […]
An alleged support impersonation scheme led to more than $13 million in cryptocurrency wallet losses, according to the DOJ. The case centers on fake support claims, unauthorized digital account access, wallet transfers, and laundering through luxury spending. Support Impersonation Scheme Led to Crypto Wallet Losses The Department of Justice (DOJ) announced on May 11 that […]
TL;DR: Arkham data showed SpaceX holding more than $637 million in Bitcoin as the company eyes a possible Nasdaq debut as early as June 12. The listing could target about $75 billion at a valuation near $1.75 trillion, making it the biggest stock market flotation ever. SpaceX ranks among the two largest private corporate Bitcoin […]
TL;DR The tokenized ETF market expanded more than 17,000% over the past year, reaching nearly $442 million in total capitalization across 651 products. Ethereum now hosts more than 72% of the sector, reinforcing its position as the leading blockchain for tokenized financial assets. Ondo Finance remains the dominant issuer with almost 75% market share, while […]
The surge of volatility on the market was expected, but the rising intensity of the selling pressure is the last thing this market needed.
Bitcoin Depot, once the largest Bitcoin ATM operator in North America, filed for voluntary Chapter 11 bankruptcy protection today (Monday) in the U.S. Bankruptcy Court for the Southern District of Texas. The company is based in Atlanta. It said it will wind down operations and sell its assets. The filing marks a sharp reversal for […]
… cryptocurrency. © Romain Costaseca / Hans Lucas / Hans Lucas via AFP. Read Later Read Later. Comments (5). Bitcoin Depot, once the largest network of …
Binance Research said a cluster of Bitcoin on-chain indicators is pointing toward tighter available supply and reduced sell pressure, with exchange balances falling to a six-year low as roughly 500,000 BTC have left trading venues since the COVID-era peak. In a May 17 thread, the research arm of Binance argued that four metrics now point […]
Bitcoin retail inflows to Binance remained at record lows as aggressive BTC futures selling and weakening spot demand pressured BTC below $77,000.
Bitcoin Magazine White House Says Strategic Bitcoin Reserve Announcement Is Imminent: ‘A Breakthrough’ The White House is on the verge of a formal announcement on the U.S. Strategic Bitcoin Reserve — and the official leading the charge says the hard part is done. Patrick Witt, Executive Director of the President’s Council of Advisors for Digital […]
Key Takeaways: Gemini reported revenue of $50.3 million, the company has a 42% year-over-year growth in coin volume trade revenue. Even though Winklevoss Capital won’t become a major player in the overall crypto space, it invested $100 million into Gemini, showing they have serious faith in the potential for long-term growth. For once, Gemini is […]
Although there’s no clear resolution in sight for the ongoing war between the US and Iran, and the impact on crypto markets has been predominantly negative, new reports have doubled down that passage through the Strait of Hormuz could involve bitcoin. Citing new information from the semi-official Fars News Agency, Walter Bloomberg indicated that Iran […]
Bitcoin Depot entered Chapter 11 to wind down operations, sell assets, and shut its bitcoin ATM network as state rules tighten. The company cited new compliance burdens, transaction limits, and restrictions affecting BTM operators. Bitcoin Depot Begins Chapter 11 Process Amid Regulatory Pressure Bitcoin Depot Inc. (Nasdaq: BTM) announced on May 18 that it initiated […]
Bill Gates is unloading billions of dollars in shares of the company he co-founded, Microsoft (MSFT), while reducing a significant portion of his stake in Warren Buffett’s Berkshire Hathaway (BRK-B). The 13F filing of the Gates Foundation Trust shows that Gates sold 1,500,000 MSFT shares, valued at $1.04 billion, in Q4 of 2025. The move […]
Giant automaker General Motors (GM) has reached a multi-million dollar deal in California to settle allegations of unlawful sale of data belonging to drivers. According to the California Attorney General Rob Bonta, GM will pay $12.75 million in civil penalties to settle accusations of having collected and kept data belonging to hundreds of thousands of […]
XRP saw a rapid spike in its burn activity after its price went parabolic with an increase of over 11% within 24 hours. This shows that its network activity is growing.
Press release – TOKENWIRE – Cryptocurrency News: Jane Street Dumps 70% of Bitcoin ETFs and Loads $82 Million Into Ethereum – published on …
TL;DR: SBI Group is pushing XRP-linked investment products toward Japan’s mainstream capital markets, including a proposed Bitcoin and XRP ETF for the Tokyo Stock Exchange. The ETF proposal targets up to $32 billion in assets under management within three years, but regulatory approval remains pending. Japan’s FSA review, brokerage integration, SBI Remit, Visa collaborations and […]
TL;DR: Analyst Michaël van de Poppe confirmed that the correlation between alternative cryptocurrencies and Bitcoin remains extremely high. The Renzo token recorded a 150% rally from its local lows before its recent market stabilization. Trading metrics indicate that if Bitcoin registers a 3% to 4% drop, altcoins could decline between 15% and 25%. During Monday’s […]
According to a recent on-chain study, the Bitcoin market has entered another crucial phase, driven by a growing divergence between retail and whale activity. Whale Positioning Diverges Sharply From Retail Optimism In an X post on May 16, crypto analyst Joao Wedson highlights a clear schism between Bitcoin retail and whale activity. This post’s assertion […]
Screenshots of a website called “Hormuz Safe” have been circulating on social media, which offers “digital insurance” for ships passing through the Strait of Hormuz.
The chief executive of the largest bank in the US warns that markets are flashing froth while trading at all-time high levels. In a new Bloomberg interview, Jamie Dimon says he’s seeing signs of excess in the markets. He also notes that investors appear to be taking more risks, despite ongoing geopolitical tensions in Europe […]
Bitcoin trades between $76,900 to $77,465 on May 18, 2026, at 9:40 a.m. ET as traders assess mixed technical signals across multiple timeframes. While broader trend structure remains constructive above major support zones, short-term momentum indicators continue to reflect a cautious tone amid resistance near the $78,400 area. Bitcoin Chart Outlook On the 1-hour chart, […]
Ukrainian national Olena Oblamska has appeared in a US court after being extradited from Thailand over allegations tied to the Forsage crypto platform. Prosecutors claim Forsage operated as a blockchain-based Ponzi structure that redirected investor funds to earlier participants and founder-controlled wallets. Authorities say most users lost money through the scheme, while US regulators and […]
Bitcoin (BTC) plunged below $77,000 on Monday following a fresh round of threats directed at Iran by US President Donald Trump. Panic selling is accelerating across the market as major profitability metrics drop below critical levels. New data now suggests that a rapid V-shaped recovery remains unlikely. Deepening Bitcoin Panic Selling Bitcoin’s latest decline is […]
Ripple Chief Technology Officer Emeritus David Schwartz has thrown his financial support behind pro-crypto attorney John Deaton’s latest U.S. Senate campaign.
The cryptocurrency market experienced liquidations of $85.34 million in the last 24 hours, with long positions at $44.95 million and short …
Bitcoin price started a fresh decline below the $78,500 zone. BTC is consolidating and might struggle to stay above the $76,500 support. Bitcoin failed to stay above $78,500 and extended losses. The price is trading below $78,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,700 […]
Fundstrat’s Tom Lee pointed out an inverse correlation between crude and Ether as oil surged back to around $110 on Monday.
May 18th, 2026 – London, United Kingdom Quantography Labs announced the early-access release of Lock.com, a hardware-free crypto wallet built around an isolated, air-gapped security approach. Lock.com is now available to early access users. The platform separates private key storage from network-connected systems, removing the need for dedicated hardware wallet devices. Hardware wallets have long […]
The decentralized finance (DeFi) sector is facing yet another serious security breach, as the Verus Ethereum bridge has become a casualty of an escalating series of cross-chain exploits. As of the time this is being reported, the attack is still ongoing with damages already exceeding $11.58 million worth. Such incidents are a consequence of the […]
Bitmine Immersion Technologies now holds 5.28 million ethereum tokens worth more than $11.5 billion, putting the company within reach of controlling 5% of the entire ETH supply. Tom Lee Says Bitmine Will Hit 5% of ETH Supply Sometime in 2026 The Norwalk, Conn.-based company reported the figures as of May 18, 2026, disclosing total crypto, […]