A bug inside Coinbase’s Base froze a critical part of the network’s infrastructure. It has raised fresh questions around the resilience of Ethereum’s growing Layer-2 ecosystem. However, the issue did not stop users from sending transactions or interacting with applications on Base. Blocks reportedly continued to be produced and the network appeared to function normally.
Bitcoin’s price took yet another hit in recent hours, dropping toward $71,000 after failing to maintain the weekend momentum that took it to about $74,000. The asset fell by roughly 3% on the day, touching an intraday low near $71,300. Source: TradingView It’s also important to note that the sudden decline triggered a wave of
Bitcoin ($BTC) heads into June with new local lows as the US-Iran war drives crypto market nerves. Iran ceasefire hopes hang in the balance as military strikes return, but US president Donald Trump appears confident that “it will all work out well in the end.” $BTC price weakness quickly returns after the May close, with
Bitcoin price outlook is back in focus after Michael Saylor’s Strategy (NASDAQ: MSTR) disclosed its first $BTC sale in more than three years, prompting investors to assess what the move means for the asset. Indeed, the transaction has coincided with a period where Bitcoin ($BTC) is struggling to maintain the $70,000 support zone. As of
Bitcoin remains under bearish pressure after a recent consolidation around the 100-day MA of $73K. The asset has now slightly broken below the MA. Upcoming price action will determine whether the recent pullback evolves into a leg deeper or forms a base for recovery. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, $BTC
ProCap Financial sold part of its Bitcoin holdings to repurchase discounted shares, signaling a potential shift in how public crypto treasury firms manage capital and shareholder value. The company said it sold approximately 52 Bitcoin to fund the repurchase of two million shares trading at roughly a 50% discount to net asset value [NAV]. According
Last week’s large-scale, one-off sale of the BlackRock Bitcoin ETF caused a major stir in the market. At this point, a mysterious major investor sold $1.26 billion worth of BlackRock Bitcoin ETFs in a large over-the-counter transaction on May 26th, all at below-average price. This caused the price of Bitcoin ($BTC) to fall below $73,000.
Bitcoin ($BTC) price is sitting on a knife’s edge near $73,300 after a bearish pattern broke down on May 28, opening a path toward a roughly 10% slide. Yet the breakdown has stalled. On-chain holders and a quiet derivatives market are quietly defending the line. And one technical level is the only thing standing between
Disclosure: The author of this story owns shares in Strategy (MSTR). Strategy (MSTR) Executive Chairman Michael Saylor appeared to underscore the company’s focus on its perpetual preferred stock, making STRC the focus of his first public comment after the largest publicly traded holder of bitcoin sold the cryptocurrency to fund dividend payments on the instrument.
For years, Strategy (MSTR) Executive Chairman Michael Saylor insisted he would never sell bitcoin . Yet on Monday, the largest company disclosed that it sold 32 bitcoin last week, its first sale in four years. The announcement prompted questions about whether one of bitcoin’s most prominent corporate advocates was changing course. Most analysts don’t think