Posted inCryptocurrency
BitMine wants 5% of all Ethereum. What if treasuries corner ETH?
One company now holds close to 5% of all the ether that exists, and most of it is staked and off the market. The bull case is a supply squeeze.…
Posted inCryptocurrency
Bitcoin price holds $62k as OG selling hits two-year low
Bitcoin price traded near $62,600 at press time, according to crypto.news market data. Summary OG investors cut Bitcoin selling, reducing one pressure source near the key $60,000 support area. Binance…
Posted inCryptocurrency
South Korea warns users after reporting 40 unregistered crypto operators
South Korea’s Financial Intelligence Unit has referred about 40 unregistered virtual asset service providers to investigative authorities and warned consumers about the risks linked to unauthorized crypto businesses. Summary South…
Posted inCryptocurrency
Ripple clears XRP Ledger lending re-audit with no critical flaws
Web3 security firm Halborn has completed a re-audit of Ripple’s XRP Ledger Lending Protocol. Summary Halborn found no critical or high-risk flaws in Ripple’s XRP Ledger lending protocol re-audit. The…
Posted inCryptocurrency
Voyager investors ask appeals court to revive case against Mark Cuban
Investors who sued Mark Cuban and the Dallas Mavericks over their promotion of Voyager Digital have appealed a federal court decision that dismissed the case on jurisdictional grounds. Summary Voyager…
Posted inCryptocurrency
Robinhood stock decouples from Bitcoin after months of tight correlation
Robinhood Markets stock has started to move away from Bitcoin after months of close price action, according to a chart shared by trader Heisenberg on X. Summary HOOD has moved…
Posted inCryptocurrency
Ripple exec: crypto payments may be where e-commerce was in 2000
Ripple executive Reece Merrick said crypto payments are moving through the same early stage that e-commerce faced more than two decades ago. Summary Merrick says crypto payments resemble early e-commerce…
Posted inCryptocurrency
CryptoQuant tells Strategy to stop buying Bitcoin as STRC cracks
CryptoQuant has warned that Strategy should pause Bitcoin purchases and rebuild its cash reserves as pressure grows around its preferred stock structure. Summary CryptoQuant says Strategy’s dividend coverage fell to…
Posted inCryptocurrency
Ethereum price weakens near $1,670 as ETF outflow and low open interest bite
Ethereum traded near $1,672, according to crypto.news market data. Summary Ethereum price trades below its 200-hour SMA, keeping traders focused on the $1,580 downside target. Spot Ethereum ETFs saw another…
Posted inCryptocurrency
Cboe launches S&P 500 prediction market contracts through Cboe Predicts
Cboe has launched its first prediction market contracts tied to the performance of the S&P 500, expanding its derivatives business with a new suite of binary options products. Summary Cboe…