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.
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.
Cryptocurrency investment products experienced significant outflows last week as geopolitical concerns and inflation fears prompted investors to reduce exposure in Bitcoin and Ether funds.
Bitcoin Depot begins bankruptcy proceedings; Capital B boosts its Bitcoin treasury by 192 BTC, while retail investor Bitcoin activity reaches historic lows.
Goldman Sachs sharply scaled back XRP and Solana ETF positions in Q1 2026, while maintaining substantial Bitcoin and Ether ETF investments and shifting equity stakes in crypto firms.
Bitcoin dropped below a critical 21-week trend line early this week, weighed down by geopolitical tensions and volatile market dynamics, sparking debate over a possible bear trap or further decline.
KB Financial Group completed a pilot of a South Korean won-pegged stablecoin, demonstrating faster cross-border transfers and offline payments without crypto wallets.
The Senate’s crypto market structure bill faces potential delays, with passage possibly pushed to August or the post-election lame-duck session amid political and procedural challenges.
Iran considers implementing an insurance-based toll system for ships crossing the Strait of Hormuz, potentially accepting payments in Bitcoin amid growing US sanctions.
A vulnerability in Verus Protocol’s Ethereum bridge allowed hackers to steal more than $11 million by forging cross-chain transfer messages, exposing gaps in bridge security.
Analysts debate whether the historical May sell-off pattern for Bitcoin, linked to US midterm election years, will repeat despite evolving market conditions and regulatory progress.
Bitcoin’s leverage ratio nears 15% as rising profit-taking and weak institutional demand signal potential volatility in an already fragile market.