Coordinated Selloff Pushes Bitcoin and Ethereum Below Key Price Levels
Bitcoin and Ethereum fell sharply amid coordinated billion-dollar selloffs on Binance, signaling institutional de-risking rather than typical market fluctuation.
Crypto & Fintech
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Ethereum Positioned as Leading Blockchain Under CLARITY Act Amid Institutional Retreat
The pending CLARITY Act favors Ethereum’s decentralization, but significant institutional sell-offs highlight tensions in its path toward wider adoption.
Crypto & Fintech
Galaxy Digital Obtains New York BitLicense to Boost Institutional Crypto Services
Galaxy Digital secured a BitLicense and Money Transmission License in New York, enabling its subsidiary to offer regulated digital asset services to institutional investors in a highly regulated market.
Crypto & Fintech
Three Key Drivers Could Propel Bitcoin Back Toward $80,000
Bitcoin recently saw a significant sell-off, but strategic buying, rising bond yields, and geopolitical shifts could reignite its climb back above $80,000.
Crypto & Fintech
Soluna’s Data Center Hosting Surpasses Crypto Mining Amid Revenue Growth
Soluna Holdings reported a significant revenue increase driven by its data center operations, surpassing income from cryptocurrency mining despite lasting net losses.
Crypto & Fintech
Japan’s Top Brokerages Prepare Bitcoin and Ethereum Investment Trusts Amid Regulatory Overhaul
SBI and Rakuten lead Japan’s move to integrate Bitcoin and Ethereum investment trusts into traditional finance as regulatory reforms boost institutional interest.
Crypto & Fintech
Bitcoin’s Bull Market Confirmation Hinges on Reclaiming Key Moving Average Level
Bitcoin must regain a critical 21-week moving average level near $82,000 to confirm the start of its next bull market phase, according to analyst Crypflow.
Crypto & Fintech
Ethereum’s Recent Price Drop Linked to Rising Binance Deposits and Exchange Supply Glut
Sustained inflows of Ethereum to Binance during early May triggered growing sell pressure, leading to a notable decline below $2,150 as the market adjusts to increased exchange supply.
Crypto & Fintech
Bitcoin and Ethereum Price Outlook for 2026 Signals Volatility and Recovery Phases
A crypto analyst forecasts significant price dips for Bitcoin and Ethereum this year before a strong Bitcoin rebound fueled by AI adoption and market shifts in late 2026.
Crypto & Fintech
Bitcoin Depot Halts Operations, Files for Chapter 11 Amid Growing Regulatory Hurdles
Bitcoin Depot, a major US Bitcoin ATM operator, filed for Chapter 11 bankruptcy as regulatory challenges and compliance costs force the shutdown of thousands of machines.
Crypto & Fintech
Bitcoin Faces Increased Downward Pressure as Exchange Reserves Climb by 20,000 BTC
Bitcoin’s decline below a key $78,000 support level coupled with a surge in exchange reserves by 20,000 BTC signals mounting near-term selling risks for the cryptocurrency.
Crypto & Fintech
Minnesota Allows Banks and Credit Unions to Provide Crypto Custody Services Starting August
A new Minnesota law enables banks and credit unions to offer virtual currency custody services in a nonfiduciary role, marking a significant shift in state financial regulations.