Key takeaways: Bitcoin formed a bearish engulfing candle, indicating potential short-term exhaustion. The Miners’ Position Index surged to its highest level since November 2024, and profit-taking hit record highs. Despite panic selling, over 196,600 BTC was accumulated in the $116,000–$118,000 range, reinforcing traders’ bullish long-term sentiment. Bitcoin (BTC) printed its first notable bearish signal on […]
Uniswap President Steps Down to Pursue New Ventures
Mary-Catherine Lader, president and chief operating officer of Uniswap Labs, has reportedly resigned after four years with the company. According to a Bloomberg report on Tuesday, Lader will stay in an advisory role before moving on to her next venture. A spokesperson for Uniswap said the company “will continue to build on her contributions,” according […]
Metaplanet’s CEO Joins Sora Ventures In Korean Deal Targeting Crypto Strategy
Simon Gerovich, CEO of Tokyo-based Metaplanet, is part of a consortium that is negotiating to acquire a controlling stake in SGA, a publicly traded software services company listed on South Korea’s KOSDAQ. The deal, if finalized, would position SGA to acquire Bitcoin as part of a broader digital asset strategy. While Gerovich is listed as […]
CoinFund President: RWA Tokens Democratize Investing
Real-world asset (RWA) tokens can democratize access to investments previously inaccessible to retail traders, similar to how exchange-traded funds (ETFs) expanded retail access to financial instruments when they debuted in 1993, according to Christopher Perkins, president and managing partner of investment firm CoinFund. “I believe tokens are the new ETFs,” Perkins told Cointelegraph in an […]
Prolonged Bitcoin Bear Markets Still a Threat
The four-year Bitcoin (BTC) market cycle of forming new all-time highs followed by deep corrections is not dead, contrary to popular belief, according to Xapo Bank CEO Seamus Rocca. In an interview with Cointelegraph, the CEO said that the risk of a prolonged bear market is still very real and does not need a “cataclysmic” […]
X Under Criminal Probe in France Over Algorithm Bias
The French Public Prosecutor’s Office has opened an investigation into X over the alleged use of its algorithm for foreign interference. According to a statement from Magistrate Laure Beccuau on Friday, prosecutors have launched a probe into whether X violated French law by manipulating its algorithms to extract user data fraudulently. The investigation was launched […]
ETH Maxis Predict $3K But Pro Traders Are Skeptical
Key takeaways: ETH futures and options markets show hesitation despite spot ETF inflows and rising TVL figures. Layer-2 growth and lower fees haven’t translated to increased demand for ETH or sustained price momentum. Ether (ETH) price rallied 13.5% over two days, reaching $2,925 on Thursday, but traders remain unconvinced about a near-term move above $3,000. […]
Don Trump Jr invests in Thumzup after conversion to BTC Treasury firm
Donald Trump Jr., the eldest son of the US president, disclosed an investment in Thumzup Media Corp, a social media marketing company that has adopted the Bitcoin (BTC) treasury strategy. Trump Jr. currently holds 350,000 shares of the company, valued at nearly $3.3 million, according to Bloomberg, and the stock is currently trading hands at […]
SOL Funding Turns Negative As Competitors Take Marketshare
Key takeaways: SOL’s perpetual futures funding rate turned negative, highlighting a lack of confidence among traders. Despite strong fundamentals, institutional players continue to avoid Solana due to MEV concerns. Solana’s native token, SOL (SOL), has not reached the $180 level since late May, raising doubts among traders about whether a bull run in 2025 is […]
Casascius Bar Owner Describes Hodling 100 BTC For 13 Years
A crypto user who had held physical Bitcoin for roughly 13 years talked to Cointelegraph about what led to his decision to finally move the coins to a wallet. On May 13, a BitcoinTalk user going by the pseudonym “John Galt” said they had moved 100 Bitcoin (BTC) from a physical Casascius bar to a […]