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Bitcoin recovers but market still on edge with short-term holders near breakeven

Bitcoin recovers but market still on edge with short-term holders near breakeven

Bitcoin (BTC) remains in a technically critical zone controlled by short-term holders despite its recovery to nearly $98,000, which has eased financial stress across the network, according to a May 7 report by Glassnode. The report highlighted recent market behavior pointing to improved capital inflows and investor sentiment. Additionally, it warned that the current price […]

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Shiba Inu (SHIB) Volume in Red as Daily Burn Rate Returns to Lows

Shiba Inu (SHIB) Volume in Red as Daily Burn Rate Returns to Lows

SHIB Burn Rate Up by only 32% SHIB Volume Down as Price Stabilizes The team behind the popular dog-themed cryptocurrency, Shiba Inu, has slowed down on its decisive efforts to consistently remove large amounts of SHIB tokens from circulation.  Data from the on-chain tracking platform, Shibburn, shows that only 320,814 SHIB tokens have been destroyed

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OCC reaffirms banks’ authority to offer crypto services without prior approval

OCC reaffirms banks’ authority to offer crypto services without prior approval

The Office of the Comptroller of the Currency (OCC) clarified on May 7 that federally chartered banks and savings associations may offer crypto services, namely custody and execution, including through third-party providers, provided they adhere to sound risk management practices and legal compliance.  The clarification, issued through Interpretive Letter 1184, confirms and expands on earlier

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Ethereum Pectra upgrade adds new features — How long before ETH price reacts?

Ethereum Pectra upgrade adds new features — How long before ETH price reacts?

Key takeaways: Reclaiming the $2,200 level remains the first price challenge for ETH.  ETH price could recover if the Pectra upgrade leads to a surge in DApp and Ethereum network activity.  Ethereum successfully implemented a key network upgrade on May 7, but Ether (ETH) price and its derivatives metrics showed little response to the upgrade.

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$MELANIA Lightning Buy Nets Traders 0M in 150 Seconds, Financial Times Reveals

$MELANIA Lightning Buy Nets Traders $100M in 150 Seconds, Financial Times Reveals

A May 6 report from the Financial Times alleges that a cluster of traders purchased Melania Trump’s $MELANIA meme coin just two and a half minutes before the First Lady’s January 19 Truth Social post, which unveiled the namesake cryptocurrency. $MELANIA Makes Headlines According to the London-based media outlet’s report, 24 wallets bought $2.6 million

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Bitcoin for Shares? Strive Asset Management Unveils Listing Plans, Treasury Strategy

Bitcoin for Shares? Strive Asset Management Unveils Listing Plans, Treasury Strategy

In brief Strive Asset Management is adopting Bitcoin as a treasury reserve asset. The announcement caused Asset Entities’ stock price to soar 450%. Strive Asset Management has encouraged firms like GameStop to buy Bitcoin. Strive Asset Management, a financial services firm co-founded by Republican Ohio gubernatorial candidate Vivek Ramaswamy, unveiled plans on Wednesday to become

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Revolut Integrates Lightspark for Lightning-Fast Bitcoin Payments in the UK and Europe

Revolut Integrates Lightspark for Lightning-Fast Bitcoin Payments in the UK and Europe

Bitcoin Magazine Revolut Integrates Lightspark for Lightning-Fast Bitcoin Payments in the UK and Europe Revolut, one of the world’s leading financial super apps with millions of users globally, has announced a major step forward in its cryptocurrency and payments offerings through a new strategic partnership with Lightspark, a company specializing in next-generation Bitcoin infrastructure. This

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Polkadot (DOT) Prints Classic Bullish Falling Wedge – Big Breakout Imminent

Polkadot (DOT) Prints Classic Bullish Falling Wedge – Big Breakout Imminent

In an update on X, crypto analyst Jascrypto pointed out that Polkadot (DOT) is currently forming a textbook bullish falling wedge pattern on the daily chart. This technical setup is often associated with a potential trend reversal, signaling the end of a downtrend and the beginning of a bullish breakout. As DOT continues to consolidate

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Bitcoin (BTC) Profit Returns as Price Hits Two-Month High

Bitcoin (BTC) Profit Returns as Price Hits Two-Month High

Market skepticism fades Short-term holders see relief As the prices of major cryptocurrencies turned green on Wednesday, Bitcoin has restored profits to investors who were previously in losses, according to recent data from Glassnode. After flashing mixed signals amid recurring market corrections, the crypto market has resumed a steady rally, pushing Bitcoin (BTC) above $97,900,

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ZachXBT reveals Coinbase users lost another M in a week to ongoing social engineering scams

ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineering scams

Blockchain investigator ZachXBT revealed that Coinbase users lost another $45 million over the past week due to coordinated social engineering scams.  The update, shared on his Telegram channel, identifies multiple wallet addresses connected to the theft and links the latest activity to a broader pattern of crypto heists that has persisted for months. The report

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