A week that began with Strategy’s bitcoin sale ended with one of the largest crypto market drawdowns in years. www.coindesk.com
Ether
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Markets
Tom Lee predicts ether will hit $250,000 as corporate validators take over network control
by shayaanby shayaanThe Bitmine chairman said DeFi and AI could push the Ethereum network’s value into the multi-trillion range, making current prices “future optionality …
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Markets
XRP ETFs add $35 million as bitcoin and ether funds lost $2 billion in late May
by shayaanby shayaanFrom May 20 to May 29, XRP funds took in $35 million while bitcoin and ether ETFs lost roughly $2 billion combined, …
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Markets
Bitcoin, ether, XRP, dogecoin lag a nine-week stocks rally as ETF demand cools
by shayaanby shayaanThe S&P 500 posted its longest weekly winning streak since 2023 and Brent oil stabilized near $92 on US-Iran ceasefire hopes. The …
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DeFi
Whale Bets $16M Against Bitcoin and Ether While Doubling Down on TradFi via Hyperliquid
by shayaanby shayaanA wallet identified as smart money holds cumulative short positions worth an estimated $16 million on derivatives platforms. This investor’s trading metrics …
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Markets
Diverging trends: Ether slides below $2,000 while futures open interest hits record high of 16 million ETH
by shayaanby shayaanEther drops below $2,000 amid heavy selling pressure, yet futures open interest hits a record high. This divergences suggests aggressive shorting. www.coindesk.com
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Bitcoin climbed to about $77,200, while XRP, ether and solana also gained as Treasury yields and oil fell. www.coindesk.com
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Markets
Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
by shayaanby shayaanEther and bitcoin led liquidations, as their prices dropped on macroeconomic concerns. www.coindesk.com
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XRP/KRW was the most traded pair on Upbit and second on Bithumb, a familiar Korean market signal that has often preceded sharper …
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BNY is launching institutional Bitcoin and Ether custody from Abu Dhabi’s ADGM with Finstreet and ADI, paving the way for stablecoin and …