Bitcoin Spikes to $78,000 in Short Squeeze While US Stocks Hit New Highs

Bitcoin (BTC) saw flash volatility around Tuesday’s Wall Street open as US-Iran nerves rocked risk assets. Key points: Bitcoin briefly taps $78,000 as volatility returns to markets at the Wall Street open. US stocks hit new all-time highs, while crypto continues to underperform. Positive funding rates spark fresh warnings over Bitcoin’s immediate outlook. Bitcoin neutralizes…

ETH Treasury Firms Lean On Staking As ETFs Pressure DATs

Ethereum treasury companies are under pressure to generate revenue from staking and other yield strategies as spot crypto exchange-traded funds (ETFs) weaken the appeal of public companies that simply hold Ether (ETH), according to a new Everstake report. Staking accounted for an average of 60% of reported revenue among six ETH treasury firms that separately…

Binance Plans Philippine Comeback Through Local Partner

Crypto exchange Binance is partnering with fintech company BlockShoals Technologies in what the platform described as its first formal market-entry approach in the Philippines, through local partnerships and regulatory engagement.  On Tuesday, Binance announced the partnership, highlighting that BlockShoals is an approved participant under the Philippine Securities and Exchange Commission’s (SEC) Strategic Sandbox, or StratBox,…

Tom Lee’s Bitmine (BMNR) bought $237 million worth of ether (ETH) last week

Bitmine Immersion (BMNR), the Ethereum treasury firm helmed by chairman Tom Lee, ramped up purchases again, making its biggest haul since December. The company said Monday it bought 111,942 ether (ETH) last week, worth around $237 million at current prices. That lifted the firm’s holdings to almost 5.4 million ETH, about 4.47% of Ethereum’s circulating…

Bitcoin Treasuries Add 603 BTC as Strategy Pauses Weekly Buys

Smaller Bitcoin treasury firms added 602.6 BTC worth about $46 million last week, even as the largest corporate holders appeared to pause their acquisitions. The purchases included a 381.6 Bitcoin (BTC) acquisition by asset manager and Bitcoin treasury company Strive, 200 BTC bought by global consumer food brand DDC Enterprise Limited, 19 BTC acquired by…

Here’s Why Ethereum bears are targeting $1.8K ETH price

Ether’s (ETH) price printed a “bear pennant” on the daily chart, a technical chart formation associated with strong downward momentum. Could a weakening technical setup and a decline in total value locked signal the continuation of ETH’s correction to $1,800? Key takeaways: Ether is forming a bear pennant on the daily chart, with a potential…

New York Suit Seeks Ownership of 39,069 Dormant Bitcoin Wallets

A New York lawsuit filed by Noah Doe and two Wyoming-based LLCs, ABC Company and XYZ Company, seeks a court order declaring ownership of 39,069 dormant Bitcoin addresses, raising important questions about the legal treatment of inactive Bitcoin under property laws. Filed on May 1, the suit claims that the coins tied to the listed…

Bitcoin Risk Index Climbs Amid ETF Outflows, Iran Fears

Bitcoin is sliding into a high-risk environment due to continued institutional selling, primarily from US spot exchange-traded funds, according to crypto analytics platform Swissblock. Swissblock said on Tuesday that its Bitcoin risk index was at a high risk score of 33 out of 100, adding that “every time the Risk Index signals that selling pressure…

Bitcoin stalls near $76,500 as muted trading points to macro wait-and-see

Bitcoin BTC$76,627.90 hovered near $76,500 mid-day Hong Kong time, according to CoinDesk market data, holding a narrow range as trading remains muted after a long weekend in the U.S. Prediction market traders on Polymarket see BTC as likely to hold above $74,000 this week, with a 60% chance it finishes the trading week above $76,000….

Crypto Lobby Spends Big on Republicans in 2026 Midterms

In the upcoming 2026 midterm elections, Americans will elect 35 of 100 Senate seats and all of the 435 voting seats of the House of Representatives. The cratering popularity of President Donald Trump’s administration, which polls show is the result of everything from the economy to the War in Iran and his handling of immigration,…