Ethereum price has dropped toward the $1,600 level despite reports that Tom Lee-backed BitMine acquired another 75,000 ETH worth roughly $123 million, as traders continue reducing risk ahead of the latest U.S. inflation data. Summary Ethereum price fell toward $1,600 despite reports that BitMine purchased another 75,000 ETH worth roughly $123 million. BitMine’s ETH holdings…
The U.S. House Ways and Means Committee has released seven crypto tax discussion drafts that would introduce new rules for decentralized finance lending, stablecoin payments, staking rewards, and other digital asset transactions ahead of a June 9 congressional hearing. Summary House Ways and Means Committee has released seven crypto tax discussion drafts covering DeFi lending,…
Moscow Exchange plans to publish four more crypto indexes from May 13, widening its benchmark list beyond Bitcoin and Ethereum. Summary MOEX will add SOL, XRP, TRX and BNB indexes from May 13 for professional investors. Binance will supply 50% of pricing data, while Bybit, OKX and Bitget provide the rest. Existing Bitcoin and Ethereum…
Solana has been the hardest-hit major cryptocurrency of the June 2026 crash. SOL fell to around $66, down roughly 21% over the month and far more from its cycle highs, taking the single steepest daily losses of any top asset on the worst days of the selloff. Summary Solana fell to around $66 as whale…
Bitcoin has reclaimed $65,000 after oil prices plunged to a two-month low following a reported US-Iran peace agreement that eased concerns over disruptions in the Strait of Hormuz. Summary Bitcoin has climbed nearly 10% from its June low as oil prices hit a two-month low following reports of a US-Iran peace agreement. Technical charts show…
The story was updated with a quote from Charles Cascarilla. Paxos has received approval from the U.S. Securities and Exchange Commission to operate a blockchain-based clearing agency, becoming what the company says is the first blockchain-native firm authorized to provide central securities depository services in the country. Summary Paxos has received SEC approval to operate…
Kevin O’Leary says Bitcoin’s next major catalyst has not arrived yet, even after the asset moved through previous highs. Summary Kevin O’Leary says regulation could unlock larger Bitcoin allocations from pension and sovereign funds. He argues crypto’s next phase may depend more on legislation than short-term speculation. O’Leary says one enterprise blockchain could become a…
Ethereum traded near $1,616 on June 11, down 3.14% in 24 hours, according to crypto.news price data. Summary Ethereum traded near $1,616 as selling pressure kept ETH down over 13% this week. Santiment data shows Ethereum is approaching 200m non-empty wallets despite weak market sentiment across crypto. Binance ETH open interest and perp-spot imbalance point…
Uniswap has recorded its largest daily UNI burn under the UNIfication mechanism as Hayden Adams renewed his bullish view on DeFi and Ethereum. Summary Uniswap recorded a new daily burn high after 134,000 UNI tokens were burned in 24 hours. Hayden Adams said he is “extremely bullish on DeFi and Ethereum” despite weak market sentiment….
21Shares has launched the first U.S.-listed exchange-traded funds tied to Hyperliquid’s HYPE token, introducing both a spot product with staking exposure and a leveraged fund tied to the decentralized derivatives platform. Summary 21Shares has launched the first U.S. ETFs tied to Hyperliquid’s HYPE token through spot and leveraged products. Bloomberg ETF analyst James Seyffart said…
