Crypto ETFs won’t lose ‘their luster’ as wallet adoption grows — Cathie Wood

ARK Invest CEO Cathie Wood says crypto exchange-traded funds (ETFs) will likely maintain their place in the economy no matter how big crypto wallet adoption becomes over the next decade. “I think ETFs are an important stepping stone because, you know, wallets seem so complicated, so much friction for consumers, they just wanna push a…

Bitcoin inflows projected to reach $420B in 2026 — Bitwise

Key takeaways: Spot Bitcoin ETFs have already surpassed gold ETFs in early growth, with projections of $100 billion in annual inflows by 2027. Publicly listed companies and nation-states currently hold nearly 1.7 million BTC, pointing to long-term confidence. Bitwise projects $120 billion in Bitcoin inflows by 2025 and $300 billion by 2026. Bitcoin (BTC) demand…

Industry exec sounds alarm on Ledger phishing letter delivered by USPS

Scammers posing as Ledger, a hardware wallet manufacturer, are sending physical letters to crypto users instructing them to “validate” their wallets or risk losing access to funds, in the latest phishing attack to impact the industry. BitGo CEO Mike Belshe shared a picture of the scam letter, which featured a QR code, presumably linked to…

Crypto, NFTs are a lifeboat in the sinking fiat system: Finance Redefined

Risk appetite across traditional and cryptocurrency markets saw a sharp rise this week, helping United States cryptocurrency funds recover the capital lost to the correction of February and March, amassing over $7.5 billion worth of weekly inflows. Bitcoin (BTC) surpassed its old all-time high on May 21, two days after President Donald Trump confirmed ongoing…

Trump’s use of presidential seal at memecoin event raises legal questions

President Donald Trump is facing scrutiny after speaking at a private event for top investors in his $TRUMP memecoin while standing behind a lectern emblazoned with the official presidential seal — a move that may violate federal law. The event took place Thursday at Trump National Golf Club in Virginia, where Trump addressed 220 investors…

Bitcoin inflows projected to reach $420B in 2026 — Bitwise

Key takeaways: Spot Bitcoin ETFs have already surpassed gold ETFs in early growth, with projections of $100 billion in annual inflows by 2027. Publicly listed companies and nation-states currently hold nearly 1.7 million BTC, pointing to long-term confidence. Bitwise projects $120 billion in Bitcoin inflows by 2025 and $300 billion by 2026. Bitcoin (BTC) demand…

DOGE Finds Support After Tariff-Driven Drop

Global economic uncertainties and trade policy shifts are creating ripple effects across cryptocurrency markets, with Dogecoin showing resilience despite recent downward pressure. The meme coin has formed a clear bearish channel with resistance at $0.236, though strong buying emerged at support levels, indicating investor confidence remains despite broader market concerns. Technical Analysis Highlights DOGE experienced…

Ethereum price chart targets $4K as transaction fees hit 3-month high

Key takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout to $4,000. If Ethereum’s network activity and total value locked continue to grow, ETH price may see further gains. Ether’s price printed a “bull flag” on the daily chart, a technical chart formation associated with strong upward momentum. Could…

Hyperliquid trader James Wynn goes ‘all-in’ on $1.25B Bitcoin Long

Well-known Hyperliquid trader James Wynn has increased his 40x leverage long Bitcoin bet to $1.25 billion after closing his $PEPE position for a $25.2 million profit. On May 24, Lookonchain reported that Wynn entered an 11,588 BTC position with an average entry price of $108,243 and a liquidation level of $105,180. The move came hours…

Judge overturns fraud convictions in Mango Markets exploit case

A US federal judge has vacated key fraud and manipulation convictions against Avraham Eisenberg, the trader at the center of the case involving a $110 million exploit of the decentralized exchange Mango Markets. On Friday, US District Judge Arun Subramanian ruled that the evidence presented at trial failed to support the jury’s conclusion that Eisenberg…