After experiencing a nice recovery in early May, Bitcoin ($BTC) and Ethereum ($ETH) have been undergoing a major pullback in recent weeks. After rising above $82,000, the Bitcoin price fell below $70,000, and some market analysts are warning against further declines. While market anxiety persists, Bitmine (BMNR) Chairman Tom Lee says that despite short-term weakness,
Latest developments: Balchunas argued investors are overreacting to recent Bitcoin ETF redemptions. Speaking with CoinDesk’s Jennifer Sanasie and Dave Lavalle on Public Keys, Balchunas said roughly $3 billion in outflows from a market with about $100 billion in assets is “totally meaningless” compared with normal ETF flow patterns. He compared Bitcoin ETF flows to major
Strive (ASST) has acquired 2,500 bitcoin for roughly $185.2 million at an average price of $74,092 per coin, the company reported in an 8-K filing. It was completed at a lower average price than Strive’s last disclosed acquisition of 1,109 $BTC at $76,989 on May 22, suggesting the company bought into the slide that has
Bitcoin saw its price retrace after initially moving upwards and clearing the resistance at $80,000. Eventually, though, the price ended up hitting major resistance at $82,000 and falling back downward. Now, the Bitcoin price seems to be stuck in a sideways movement that threatens to be the end of the recovery. However, this might not
From a 2011 peak near $1,900, gold spent years carving a deep base, retested resistance around $2,100 in 2020, consolidated again through 2022, then broke decisively higher to reach $3,300 by early 2025 and a record above $5,400 in January 2026. According to analyst and Real Vision affiliate James Easton, Bitcoin’s weekly chart is now
Symbiotic, a crypto infrastructure firm backed by Paradigm, Pantera Capital and Coinbase Ventures, rolled out a new system aimed at tackling one of the biggest obstacles facing tokenized assets: liquidity. The product, dubbed Liquid Lane, allows investors to exchange tokenized funds, private credit products and other real-world assets (RWAs) for stablecoins almost instantly instead of
Bitcoin slipped below the psychologically important $70,000 level on Tuesday, trading around $69,300, as derivatives positioning reached some of the most elevated levels of the current cycle. Open interest across bitcoin futures markets has climbed to approximately 773,000 $BTC, a level last seen only a handful of times on record, according to Coinglass data. Previous
B3, the Brazilian stock exchange, will develop a digital twin of its depository database in a blockchain in preparation for a potential inclusion of these into the traditional financial system. B3 also expects to launch B3RL, a Brazilian real stablecoin, later this year. Key Takeaways: B3 will adopt tokenization in H2 2026, replicating traditional databases
Monthly inflows into digital asset treasury (DAT) companies fell to $180 million in May, the lowest level since October 2024, according to DefiLlama data. The May total was down 95% from April’s $4.4 billion and about 93% below the monthly average for January through May. The drop followed two strong months for DAT inflows, with
Solana ended the month of May at the number one position in the app revenue table across every chain at $90.62 million according to data from DefiLlama. Despite this bullish read, $SOL finished the same month with the eighth consecutive red monthly candle, the longest losing streak in the token’s history. The network kept printing