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…

BitGo Launches MiCA Crypto Infrastructure In Europe

BitGo, a crypto custody company, is moving into Europe’s tighter regulatory landscape as exchanges race to maintain access ahead of a key licensing deadline. BitGo Europe launched a crypto-as-a-service platform aimed at meeting the European Union’s Markets in Crypto-Assets Regulation (MiCA), the company said in a statement shared with Cointelegraph on Wednesday. BitGo CEO Mike…

Are perps swaps? A quick look at that CME suit: State of Crypto

CME is arguing that perps are harmful to its long-dated futures products. The lawsuit alleges that the CFTC did not consider the ramifications of approving perps, and that these products are actually “swaps” as defined by the Dodd-Frank Act, and not “futures.” Each term carries implications for how the products themselves are to be regulated…

Bitcoin Price Eyes $24K if US Stock Market Crashes 50% or More

Bitcoin (BTC) could tumble by over 60% to under $24,000 in 2026, according to technical analyst Jesse Olson, if the stock market experiences a major crash. Key takeaways: A US stock market crash of over 50% may accelerate BTC’s sell-off. Negative Coinbase premium and persistent ETF outflows hint at de-risking among institutional investors. Bitcoin chart…

Russian Ruble Stablecoin Kept Growing Despite Western Sanctions: CertiK

The Russian ruble-backed A7A5 stablecoin continued to grow despite Western sanctions, processing more than $110 billion in cumulative onchain transactions, according to CertiK. CertiK said A7A5 captured about 43% of the global non-US dollar stablecoin market, and that its holder count rose from 13,000 to 29,000 wallets between February 2025 and May 2026. The security…

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…

China Central Bank Monitors Stablecoins’ Cross-Border Role

China’s central bank is paying closer attention to stablecoins as privately issued digital currencies take on a potentially larger role in the international monetary system and cross-border payments. Wang Xin, director general of the Research Bureau at the People’s Bank of China (PBOC), urged authorities to closely monitor the impact of stablecoins while improving international…

Bitcoin Clings to $64,000 as Iran Closures Hormuz and US Threatens Retaliation

Bitcoin (BTC) returned to $64,000 on Sunday amid concerns over unreliable BTC price strength. Key points: Bitcoin brushes off US-Iran tensions despite the Strait of Hormuz being closed. A trader calls BTC price behavior “suspicious” as a result, while targets see maximum upside reaching $66,000. Binance sell-side pressure remains substantial. BTC price ignores new Hormuz…

Dash Weighs Philippine Entry as Crypto Firms Navigate Regulation

Dash is exploring the Philippines as a potential market for crypto payments, citing demand for lower-cost transactions and the country’s openness to digital finance tools.  In an interview with Cointelegraph at the Philippine Blockchain Week 2026, Daria Chernozub, global adoption lead at Dash Blockchain, said the project focuses on emerging markets where users face high…

Ethereum Bull David Hoffman Shares Why He Sold His ETH

David Hoffman, an Ethereum advocate and the co-founder of the media company Bankless, said he sold the remainder of his Ether (ETH) holdings last week because the “ETH is Money” thesis has largely “played out.” Hoffman said in an X post on Tuesday that “Ethereum got the ETH price it deserves, and I don’t see…