Month: June 2026

Will it Push Ether’s Price Lower?

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An early Ether (ETH) investor sold their ETH holdings over the past week as the price headed toward $2,000, sparking fears of further losses. However, onchain data tells a different story as traders speculate where ETH/USD might bottom. Key takeaways: An early Ethereum whale sold $136 million in ETH, adding pressure as Ether trades below the $2,000 level. Onchain data shows no evidence that older ETH investors are selling en masse. Analysts warn the ETH price could fall further toward the $1,500 support. Ethereum OG whale sells $136 million ETH…

Saylor Breaks Silence After Strategy’s Bitcoin Sale

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Key Takeaways Strategy sold 32 BTC for $2.5 million to support preferred stock payouts. Investors are assessing whether dividend obligations could drive additional bitcoin sales. Attention shifted to STRC as Saylor avoided discussing the BTC transaction. Strategy’s First BTC Sale Tests Saylor’s Dividend Strategy Strategy (Nasdaq: MSTR) revealed in a Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) dated June 1 that it sold 32 BTC for $2.5 million. The proceeds are expected to help fund preferred stock distributions. The sale heightened scrutiny over whether Strategy’s dividend…

Cardano Strengthens Cross-Chain Connectivity Across The Blockchain Ecosystem – What This Means For The Network

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The blockchain space is broad and complex, but leading networks such as Cardano are navigating this dynamic sector. The network is witnessing one of its most significant moments this year as its connectivity to other chains notably improves, allowing for seamless operations for users. A Path For Cardano To Become Fully Connected Multi-Chain Following several upgrades to improve the network, Cardano is now in the spotlight of the blockchain space. A report reveals that Cardano is making…

Marble Mining 😮 #shorts #viral

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165 Dormant Bitcoin Wallets Moved 5,073 BTC in May 2026 as Longtime Holders Cash In

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Key Takeaways Galaxy Research identified a wallet dormant since Aug. 20, 2010, moving 20 BTC worth $1.5M at block 951828 on May 31. BTCparser1 data shows 165 dormant wallets moved 5,073 BTC in May 2026, with 2014 wallets leading at 1,885 BTC. A 2014-era wallet moved 109.86 BTC at block 951983 on June 1, extending old-coin activity into the new month. Galaxy Research flagged one of the most notable movements on X, reporting that a wallet dormant for 15.8 years moved 20 BTC at block 951828 on May 31, 2026,…

Hyperliquid’s HYPE Breakout Puts $100 Price Target in Play

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Hyperliquid’s native token, HYPE, has rallied more than 30% in five days to a record high near $74, with a bullish chart breakout now pointing to a potential move above $100. HYPE/USD daily chart. Source: TradingView Key takeaways: HYPE has broken out of a bull pennant pattern, putting its measured upside target near $105. Hyperliquid has become the second-largest blockchain by app revenue on a 30-day rolling basis. HYPE bull pennant hints at rally toward $105 Hyperliquid’s rally may have further room to run after HYPE broke out of a…

Strive unveils $4.2B fundraising push to accelerate Bitcoin buys

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Strive has expanded its fundraising plans by $4.2 billion as the Bitcoin treasury company seeks additional capital for future BTC purchases. Summary Strive plans to expand its ASST and SATA fundraising programs by $4.2 billion to support additional Bitcoin purchases. The company recently acquired 1,109 BTC for $85.4 million, increasing its holdings to 16,500 BTC and moving ahead of Coinbase and Riot Platforms. Strategy disclosed the sale of 32 BTC worth about $2.5 million, with proceeds expected to support distributions tied to its preferred stock offerings. According to a June…

The Over 500 Institutions With XRP IDs

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A directory in Ripple’s Payments documentation has drawn attention from XRP supporters after a user highlighted that it contains more than 500 financial institution identifiers across multiple regions. While these IDs are mainly used for routing payments and operational processes, the size of the directory has renewed interest in Ripple’s global payments network and the potential role XRP could play within it. Ripple’s Expanding Banking Network At the center of the discussion is Ripple’s Payments documentation, which contains extensive bank-ID directories used within its payment ecosystem. The directory includes financial…

Kelp DAO Recovery Hopes Fade as Hacker Launders About $220 Million

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The hacker behind the $293 million Kelp DAO exploit has laundered nearly all of the unfrozen stolen funds, or about $220 million, in just six weeks, according to Arkham data and onchain analysts. The Kelp DAO hacker-tagged wallet appears to have laundered nearly all the stolen funds, with just $1.7 million remaining traceable in the wallet, according to blockchain data provider Arkham. The malicious actor drained 116,500 Kelp DAO restaked ETH (rsETH) on April 18, pushing the total amount stolen from crypto hacks to $630 million for April. The funds…

Tense Selloff Puts $60,000 in Focus as Bitcoin Struggles Under $72,000

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Key Takeaways Bitcoin closed May at $73,568, and PlanB says data shows a greater than 50% chance of prices heading lower. As of June 1, BTC dropped below the $72,000 range to $71,461. Benjamin Cowen expects BTC to tag $70,000, bounce for days, then retest February’s roughly $60,000 low. Crypto Rover flagged a “textbook bearish flag,” echoing the February flush from $90,000 to $60,000. A Market Caught at $73,000 Bitcoin closed May at $73,568 and has hovered just above that line into June as traders are divided as to what…