Bitcoin Jumps On $283M Liquidation But Spot Demand Falters

Bitcoin (BTC) traded between $75,000 and $73,000 over a three-hour period during the New York market open on Thursday, and the abrupt downside move liquidated $283 million in futures positions. The resulting short squeeze pushed BTC back toward $75,000, but sustaining the rebound will require steady buying volume in the spot market. BTC rebounds amid…

Flow Capital to Tokenize $150M Private Credit Fund on Blockchain: Report

Flow Capital Partners is planning to tokenize its private credit fund through Singapore-based DigiFT, Bloomberg reported Friday, as the Hong Kong credit manager looks to tap blockchain-based distribution for its next capital raise. According to the report, Flow Capital plans to bring its $150 million private credit fund on the blockchain through Singapore-based tokenization platform…

Foundation Shuts Down NFT Marketplace After Failed Sale

Foundation, one of the better-known Ethereum-based non-fungible token (NFT) marketplaces of the 2021 boom, is shutting down after the sale that was supposed to keep it operating fell apart. Kayvon Tehranian, Foundation’s founder and CEO, took to X on Wednesday to announce the marketplace’s closure following a failed acquisition by the digital art distribution platform…

Why Australia’s $17B Crypto Opportunity Depends on Regulation

Key takeaways Australia could generate A$24 billion, or about $17 billion, annually from digital assets and tokenized finance. But that opportunity depends on whether policymakers establish clear and supportive regulatory frameworks. Tokenization could transform financial markets by improving liquidity, automating settlement processes and expanding investor access to assets such as foreign exchange, equities, government debt…

Bitcoin Jumps On $283M Liquidation But Spot Demand Falters

Bitcoin (BTC) traded between $75,000 and $73,000 over a three-hour period during the New York market open on Thursday, and the abrupt downside move liquidated $283 million in futures positions. The resulting short squeeze pushed BTC back toward $75,000, but sustaining the rebound will require steady buying volume in the spot market. BTC rebounds amid…

Ethereum had a record 200 million transaction in Q1. Here’s what it means for ether (ETH)

Ethereum, the world’s largest smart contract blockchain, just printed its busiest quarter ever, and the token’s price hasn’t budged. The network processed 200.4 million transactions on its base layer in Q1 2026, marking the first time it has crossed that threshold in a single quarter, according to Artemis data. Quarterly transaction count bottomed near 90…

Bitcoin’s Recovery Stalled at $76K: What Will Restart The Rally?

Bitcoin (BTC) struggles to reclaim price highs above $76,000, but analysts say that the uptrend may continue if key conditions are met. Bitcoin’s 8% climb over the last three days saw it reclaim key levels, including the 50-day exponential moving average (EMA) at $71,000. “$76K is the level that decides everything,” analyst Crypto Patel said…

Circle Hit With Class Action Suit Over $280M Drift Hack

Circle Internet Group is facing a class action lawsuit led by a Drift Protocol investor claiming it failed to freeze funds stolen in a $280 million exploit of the protocol on April 1. The lawsuit was filed by Drift investor Joshua McCollum on behalf of over 100 members in a US district court in Massachusetts…

With No Bipartisan Leadership, CFTC ‘Won’t Slow Down‘ on Rulemaking

The chair of the Commodity Futures Trading Commission (CFTC), Michael Selig, said he would not wait for the appointment of additional commissioners to lead the regulatory agency before moving ahead on rulemaking potentially related to digital assets and prediction markets. In a Thursday hearing of the House Agriculture Committee, Selig responded to questions from ranking…

Bitcoin Eyes $90K As Whales Devour 20x Daily BTC Supply In Just 30 Days

Bitcoin (BTC) appears on track to hit $90,000 in the coming weeks as whales accumulated about 20 times the cryptocurrency’s daily new supply in the past weeks. Key takeaways: Whales bought roughly 270,000 BTC in the past 30 days. BTC broke out of its symmetrical pattern setup with a measured target at around $92,220. BTC…