Crypto PACs spend $9 million in Texas and score wins in both parties

Crypto-focused political committees are flexing their growing bipartisan political muscle in Texas, spending more than $9 million on races this cycle as Tuesday’s primaries deliver a string of wins for industry-backed candidates across both parties. Houston Democrat Christian Menefee defeated fellow Democrat Rep. Al Green in the Democratic primary runoff for Texas’s 18th Congressional District,…

Bitcoin Fall Was Triggered By $1.3 Billion IBIT Dark Pool Sale

An unknown trader’s $1.3 billion sale of shares in BlackRock’s Bitcoin exchange-traded fund on Tuesday has coincided with a steep fall in the price of Bitcoin immediately after the sale, according to analysts. A trader sold 29.2 million shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) at 2:30 pm UTC on a “dark pool,” a…

Bitmine Buys 111K ETH as Tom Lee Predicts Supercycle

The Ether buying company Bitmine Immersion Technologies has made its biggest purchase so far in 2026 as its chairman, Tom Lee, doubled down on the idea of an impending crypto supercycle. Lee said Tuesday that in the past week, Bitmine bought 111,942 Ether (ETH) after a recent pullback sent the token below $2,200 and presented…

Trump Defends CFTC Jurisdiction Over Prediction Markets

US President Donald Trump has backed the Commodity Futures Trading Commission as having the “exclusive authority” over prediction markets, as state regulators’ action against the platforms mounts. “It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive,” Trump posted to his social media platform Truth Social…

HYPE Hits $65 As ETF Flows Fuel Growth: Is $100 Next?

Hyperliquid’s native token HYPE continues to rally, possibly targeting $100 as its next all-time high, as inflows to its exchange-traded funds highlight investor demand.  Inflows into the HYPE ETFs reached $89 million over the past nine days, which is equivalent to nearly $9.2 million in daily buying pressure.  The combined assets under management (AUM) across…

Bitcoin Loses Range Highs, But Bitfinex Whale Keeps Buying Lows

Bitcoin’s (BTC) consolidation continued into a fourth week, with the price finding support at $74,000 and resistance in the $78,000 to $80,000 range. According to Hyblock analysts, the intra-day rally to $78,164 hit a pocket where “longs that had previously opened up (that are in a position) were underwater and likely exited here at breakeven.”  BTC/USDT…

Tom Lee Says Bitmine Could Be Included on Russell 1000 Index

Ether treasury company Bitmine Immersion Technologies has been included in a preliminary list for potential inclusion in the Russell 3000 index, a move that chairman Tom Lee hinted could provide tailwinds for the company’s stock. FTSE Russell, a subsidiary of the London Stock Exchange Group, published a preliminary index inclusion list for the Russell 3000…

Trump praises prediction markets, defends CFTC as court cases compound

U.S. President Donald Trump said it was “critically important” that the CFTC keep “exclusive authority” over prediction markets, echoing CFTC Chair Michael Selig in a post on Truth Social, his social media platform, late Tuesday afternoon. “Under my leadership, we are setting ‘rules of the road’ that are the Gold Standard for the States,” he…

UK Authorities Sanction HTX Crypto Exchange, Citing Support for Russia

The UK government has added cryptocurrency exchange HTX to its list of sanctioned entities over its support of Russia. On Tuesday, UK authorities said that there were “reasonable grounds to suspect” HTX, formerly Huobi Global, has been supporting Russia’s government through financial services and funds facilitated by the A7 Limited Liability Company and Garantex, other…

NEAR Token Price Has ‘Potential to Grow 20x,’ Says Arthur Hayes

Near Protocol’s native token, NEAR, has the potential to grow 20x by 2027, according to Arthur Hayes, co-founder of the crypto derivatives exchange BitMEX. Key takeaways: Hayes said NEAR Intents could make privacy coins like Zcash more usable across blockchains without bridges or multiple wallets. NEAR has surged more than 90% since Hayes publicly highlighted…