In this month of May 2026 the price of Bitcoin has in fact returned to the 200-day moving average. The problem is that this average has been falling for five months, and shows no signs of reversal. This leads some analysts to argue that the decline in the price of Bitcoin could continue precisely by
BlockBooster, a Web3 incubation service provider, has announced the launch of a $50 million digital venture fund, as reported by Reuters. The fund is set to invest across several high-growth areas within the blockchain and artificial intelligence sectors, including AI infrastructure, on-chain trading platforms, on-chain asset management solutions, and the tokenization of real-world assets (RWA).
Bitcoin has hit resistance at its 200-day moving average and is showing signs of a trend reversal, according to CryptoQuant on Wednesday. The move closely mirrors a March 2022 pattern where a 43% rally stalled at the same level before prices declined further. “Overall, Bitcoin demand has flipped into contraction,” the analyst wrote. The platform’s
ChimpX, a notable decentralized network, has partnered with t3rn, a cutting-edge cross-chain execution platform. The collaboration aims to improve interoperability across chains. As ChimpX revealed in its official social media announcement, the joint effort enables streamlined execution of consumer intents across diverse chains. With the use of the solver-powered framework, the development endeavors to provide
Mastercard has completed the acquisition of BVNK, a UK-based stablecoin infrastructure startup, for $1.8 billion. The deal marks one of the largest moves by a traditional payments giant into the digital currency space, signaling a strategic shift in how global money movement may be handled in the coming years. What BVNK brings to Mastercard BVNK
Kalshi Inc., the federally regulated prediction market platform, has raised an additional $200 million in a new funding round, according to a report from Bloomberg. This fresh capital comes on top of a previously announced $1 billion funding round, bringing the company’s total raised to approximately $1.2 billion. New Investors Enter the Market The latest
Y Combinator, the influential Silicon Valley startup accelerator, has introduced a new initiative called ‘YC Crypto Deals’ aimed at providing blockchain and crypto infrastructure support to its portfolio companies. The program brings together major industry partners including Coinbase, Stripe, Circle, the Ethereum Foundation, the Solana Foundation, Tempo, and Phantom to offer resources such as ecosystem
The cryptocurrency market witnessed a significant move this week as BitForex founder Garrett Jin opened a substantial leveraged long position on Bitcoin. According to on-chain analytics firm Lookonchain, Jin opened a 5x long position worth 504.4 BTC, valued at approximately $59.11 million at the time of the trade. Details of the Trade Lookonchain reported the
In early 2020, Michael Saylor had $500 million sitting in cash earning nothing. The Federal Reserve had cut interest rates to zero and signaled they would stay there. For Saylor, it wasn’t just policy. It was a constraint. “We were making $25 million a year and then all of a sudden we’re making zero,” Saylor
Boerse Stuttgart Group’s tokenized securities settlement platform Seturion has partnered with Societe Generale, its crypto subsidiary SG-Forge, and online broker flatexDEGIRO to build out a blockchain-based securities settlement system across Europe. Under the plan, Societe Generale will issue tokenized structured securities, such as turbo warrants and investment certificates, on Seturion, according to a Thursday announcement.