Texas Bitcoin reserve plans $10M shift from IBIT to BTC custody

Texas is moving closer to holding Bitcoin directly, after opening a search for a custody and liquidity provider for its Strategic Bitcoin Reserve. Summary Texas seeks custody services to move its $10M reserve from IBIT into direct Bitcoin holdings. The RFP asks providers to acquire, hold, manage and report Texas Bitcoin and crypto holdings. Hancock named four advisors to guide custody, risk controls and public reporting for the reserve. Meanwhile, the state wants to shift its reserve from BlackRock’s iShares Bitcoin Trust into directly held Bitcoin through a third-party custody…

Dogecoin Bulls Face A Whale Problem As Capitulation Deepens

Dogecoin is showing classic signs of valuation stress, but Alphractal AI’s breakdown suggests DOGE bulls are still missing one crucial ingredient: stronger whale support. The analysis shows DOGE trading below holder cost basis while several market structure and participation metrics remain weak. DOGE was recently priced at $0.099, with a market capitalization of $15.48 billion and $1.06 billion in 24-hour trading volume. The asset ranked ninth by market cap, but its broader performance profile remained under pressure. DOGE was up 2% over 24 hours, yet still down 5.96% over seven…

Memecoin Platform DxSale Drained for $7.3M Across 1,400 LPs

Memecoin launch platform DxSale was drained of $7.3 million in funds in a cyberattack that affected around 1,400 liquidity providers (LPs) on the BNB Chain.  The attacker’s address “0xC457” transferred $1.87 million worth of BNB (BNB) tokens into two main wallets and subsequently deposited them into multiple Binance deposit addresses, according to blockchain data platform PeckShield in a Friday X post. Back in 2021, DxSale was used to lock in liquidity for tokens launched on the BNB Chain. Blockchain analyst Tahax estimated that the locker still holds liquidity from projects…

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$7.5B Bitcoin, Ethereum options expiry tests weak crypto bulls

Bitcoin and Ethereum faced a large monthly options expiry on May 29 as prices stayed below key levels. Summary Bitcoin options worth $6.2 billion expired as BTC traded below the key $75,000 max pain level. Ethereum options worth $1.28 billion expired while ETH struggled near $2,000 after recent market weakness. Greeks.live said the expiry looked like bearish unwinding, with longs retreating from key resistance zones. Greeks.live said 84,000 Bitcoin options expired, with a notional value of $6.2 billion. It also said 639,000 Ethereum options expired, with a notional value of…

I Bought the Most PROFITABLE Miner… But Will It Last?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ⛏ Power Pool The Best Profitable Mining Pool for your Miners! use Referral code RPM for 0.5% pool fee off for 3 months 🛒 Z15 Pro purchased from: Use code RPM for $100 OFF 🔐 Red Panda Tangem Card: Simple crypto self-custody solution Use code RPM for 10% OFF The Bitmain Z15 Pro is BACK in my mining farm… but is Zcash mining still worth it in 2026? In this video, I unbox and set up the newer 860KSol Bitmain Z15 Pro,…

Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn

An exchange may have accidentally torched $8.5 million worth of Bitcoin — that’s one of the leading theories after an unidentified wallet sent 107 BTC to an address from which the funds can never be recovered. Related Reading Conor Grogan, head of product business operations at Coinbase, said the burn was most likely caused by an exchange that made an error during a cold storage transfer. No Public Explanation From Anyone Involved Five separate Bitcoin addresses carried out the transfers on Monday, all sending funds to a long-established burn address…

NYSE Parent ICE Explores Potential Collaboration With Decentralized Exchange Hyperliquid

Key Takeaways ICE CEO Jeff Sprecher recently praised Hyperliquid, hailing the platform as bigger than Nasdaq. The CME and ICE lobbied the CFTC last month over Hyperliquid’s mammoth daily oil trading volume. Sprecher confirmed multiple meetings with the Hyperliquid team over the past month, suggesting a potential collaboration. Wall Street Giants Shift From Lobbying to Exploring Decentralized Finance Speaking at the Bernstein Annual Strategic Decision Conference, the head of the company that owns the New York Stock Exchange (NYSE), Sprecher revealed that he has held multiple meetings with the Hyperliquid…

OKX Ventures, KIS to Buy 19.6% Stake in Coinone For $106M

South Korean crypto exchange Coinone said Korea Investment & Securities (KIS) and OKX Ventures agreed to invest a combined 160 billion won ($106 million) for a 19.6% stake in the platform. The investment, which remains subject to regulatory approval, would make KIS and OKX Ventures joint third-largest shareholders in Coinone behind CEO Myung-Hun Cha and existing backer Com2uS Holdings, according to a release shared with Cointelegraph.  The transaction combines secondary share purchases from existing holders with newly issued shares, while Cha is expected to remain Coinone’s largest shareholder and retain…

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