Bitmine Immersion Technologies, the world’s largest identified Ethereum treasury firm, acquired an extra 101,745 ETH final week for over $240 million, pushing complete holdings to 5.18 million tokens — as Chairman Thomas “Tom” Lee declared {that a} new crypto cycle has quietly begun. The newest buy, which included 10,000 ETH acquired immediately from the Ethereum…
Payward, the dad or mum firm of cryptocurrency trade Kraken, has filed a lawsuit towards its very personal crypto custodian, Etana Custody, and its CEO, Brandon Rusell, alleging that Etana misappropriated greater than $25 million in consumer funds and operated what Payward characterizes as a “Ponzi-like” scheme. Etana Misused Kraken Reserves The dispute traces again…
Bitcoin (BTC) returned above $80,000 for the primary time in three months, but analysts are studying the rally in reverse instructions, splitting views between a bullish stress check and a setup for additional declines. The disagreement spans participation, revenue flows, and spot dynamics. Each analyst sees the identical $80,000 transfer, however their conclusions about what…
Coinbase plans to chop about 14% of its employees in a restructuring introduced Tuesday by chief government Brian Armstrong. The transfer will flatten the trade and rebuild operations round synthetic intelligence. The lower will collapse the corporate hierarchy to a most of 5 layers under the CEO and chief working officer. Senior leaders are anticipated…
Ethereum funds shed $81.6 million in outflows final week. The drop ended a three-week streak that had averaged above $190 million in inflows, CoinShares reported. The reversal narrowed asset participation throughout digital asset merchandise. Meanwhile, solely 4 cryptocurrencies attracted optimistic flows versus 9 every week earlier. The wider class nonetheless booked its fifth consecutive week…
The AI altcoins to observe in May 2026 are catching the similar wave lifting Nvidia and Palantir on Wall Street. Each represents a definite layer of decentralized AI infrastructure, masking compute, intelligence, and knowledge. Each is up year-to-date by margins which are getting onerous to disregard, with one token main at 72%. As AI capital…
Dogecoin whales simply moved with conviction. Over a 96-hour window ending May 4, giant holders amassed roughly 160 million DOGE, roughly $18 million price, pushing the memecoin above the $0.11 resistance stage that had capped its value for months. The accumulation was first flagged by analyst Ali Martinez on X and subsequently confirmed by on-chain…
Crypto analyst Max has cited historic information to supply insights into what might be subsequent for Bitcoin, noting that it has closed two consecutive month-to-month candles within the inexperienced. Based on this historic information, BTC could also be heading for a pink month, besides if (*2*) seems to be completely different. Bitcoin Expected To Close…
Coinbase CEO Brian Armstrong introduced on Tuesday, May 5, that the corporate will cut back its workforce by roughly 14% — a transfer Armstrong described as “sudden and harsh” however essential to place the change for what he referred to as a brand new section of AI-driven operations. In a put up on X shared…
Brett’s explosive development is precisely why many traders at the moment are looking for the best crypto to invest this week, hoping to not repeat the identical missed alternative. Early consumers in Brett didn’t simply make income, they captured a second the place timing, conviction, and entry aligned completely earlier than the broader market caught on….