Bitcoin Crashes Near $60,000: $62B In Treasuries Erased, Analyst Sees Potential Bottom Ahead

Bitcoin (BTC) extended its decline on Friday, sliding to levels not seen since early February, leaving the broader market under renewed pressure and deepening bearish sentiment.  Since reaching its all-time high of $126,000 last October, Bitcoin is now down roughly 52%, reinforcing the sense that the sell-off is more than a short-term dip. Bitcoin Treasury…

View More Bitcoin Crashes Near $60,000: $62B In Treasuries Erased, Analyst Sees Potential Bottom Ahead

Something Spooked Arthur Hayes Into Dumping HYPE And NEAR — Here Are The 5 Reasons

Arthur Hayes, co-founder of BitMEX and Chief Investment Officer of Maelstrom, announced on June 4 that he has exited his entire positions in both Hyperliquid’s HYPE token and NEAR Protocol — reversing two of his most publicly stated high-conviction long calls — citing five macro and geopolitical factors he believes will weigh on risk assets…

View More Something Spooked Arthur Hayes Into Dumping HYPE And NEAR — Here Are The 5 Reasons

Mastercard Unveils Stablecoin Settlement Support Spanning 8 Blockchains, Including The XRP Ledger

Mastercard said Wednesday it plans to open its global card-settlement network to regulated stablecoins, a move designed to let card issuers and acquirers clear card transactions directly on-chain.  The company says the service will operate across eight different blockchains, extending on what it describes as “real-world utility” for digital assets. Alongside the expanded on-chain settlement…

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Bitcoin Price Falls To $67,000 And Breaks The Map For Bulls—Here’s What Happens Next

The Bitcoin price fell hard on Tuesday, hitting $67,289—its lowest level since April—reshaping sentiment toward a more bearish outlook as bulls lose key support zones. CoinGecko data shows the selloff isn’t isolated to one timeframe. Bitcoin has retraced across all-time horizons, reflecting widespread bearish sentiment and persistent selling pressure.  The Bitcoin price is down about…

View More Bitcoin Price Falls To $67,000 And Breaks The Map For Bulls—Here’s What Happens Next

Hyperliquid (HYPE) Breaks New All-Time High—Surges Past $62 As Momentum Spikes

Hyperliquid (HYPE) has notched a fresh all-time high as activity across parts of the broader crypto market appears to be consolidating rather than accelerating.  While many competitors have stayed relatively range-bound, HYPE has pushed higher and is now inching toward Dogecoin (DOGE), the tenth-largest cryptocurrency by market cap. At the moment, DOGE still holds a…

View More Hyperliquid (HYPE) Breaks New All-Time High—Surges Past $62 As Momentum Spikes

Goldman Sachs Rebalances Crypto Exposure: XRP, SOL Out, ETH Down 70%, Hyperliquid In

Wall Street giant Goldman Sachs has made a notable shift in its crypto-related exchange-traded (ETF) fund positions, according to a recent filing submitted to the US Securities and Exchange Commission (SEC).  The update shows the firm exiting XRP- and Solana (SOL)-linked ETF exposure, while also trimming its Ethereum (ETH) ETF holdings. At the same time,…

View More Goldman Sachs Rebalances Crypto Exposure: XRP, SOL Out, ETH Down 70%, Hyperliquid In

Latest Inflation Report: What It Could Mean For Bitcoin, Ethereum, And Solana Ahead

Bitcoin (BTC) dropping below the $80,000 mark is starting to undo some of the optimism that followed a major step forward for the industry. After the Senate Banking Committee markup for the CLARITY Act on Thursday, the market’s gains have since faded.  Now, fresh inflation data is arriving with a potentially heavier hand, and analysts…

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700 Jobs Gone: Coinbase’s Brutal Cuts Signal Something Is Wrong With The Crypto Market

Coinbase CEO Brian Armstrong announced on Tuesday, May 5, that the company will reduce its workforce by approximately 14% — a move Armstrong described as “sudden and harsh” but necessary to position the exchange for what he called a new phase of AI-driven operations. In a post on X shared with employees, Armstrong outlined two…

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Kraken Extortion Plot Explodes — Should Traders Continue To Trust Exchanges With Their Personal Data?

The group extorting Kraken is claiming access to some client account information after two insider incidents involving customer support staff. Kraken’s Extortion Plot: An Insider-Play Yesterday, on a post on the social network X, Nick Percoco, Kraken’s Chief Security Officer (CSO), made public  that a criminal group is extorting the crypto exchange with threats  to…

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Binance’s UAE Haven Tested By Iran Strikes — Should BNB Traders Be Worried?

Binance is offering temporary relocation to employees based in the United Arab Emirates (UAE), as the Iran conflict rattles the wider Middle East. Iran Tensions Spill Over To CEXs Bloomberg reported today that the largest crypto centralized exchange (CEX) said many staff members have opted to stay in the UAE, though it did not disclose…

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