Month: June 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…

Saylor se chystá prodávat Bitcoin? – CEx 13/05/2026

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Strategy Trims Bitcoin Holdings With $2.5 Million Sale

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[Update 1:57 P.M. UTC, June 1 — Updates third paragraph with share price decline in Monday morning trading.] Strategy sold 32 BTC last week, its first reported Bitcoin sale since a 2022 tax-loss transaction, as the company moved to fund preferred stock distributions. Strategy sold 32 Bitcoin (BTC) for $2.5 million at an average price of $77,135 per BTC, reducing its holdings from 843,738 BTC to 843,706 BTC, according to a Monday 8-K filing with the US Securities and Exchange Commission. The company’s MSTR Nasdaq-traded shares fell more than 6%…

Saylor Discloses 32 BTC Sale

In Strategy Bitcoin news today, the firm disclosed the sale of 32 BTC for approximately $2.5M in late May 2026, according to an SEC filing submitted on June 1. The transaction, representing less than 0.004% of the firm’s total holdings, was executed at prices consistent with tax-lot optimization rather than any shift in the company’s core corporate treasury posture. The analytical question is not whether Strategy sold Bitcoin; it did. The question is what a $2.5M disposal means relative to a balance sheet carrying more than 818,000 BTC, valued at…

Founder Vows to Make Users Whole

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Gnosis is working to contain an exploit Monday affecting its Gnosis Pay product after co-founder Martin Köppelmann acknowledged an active hack involving the system’s delay module and said the project would cover user losses. Köppelmann initially urged users to withdraw funds, a warning quickly amplified by blockchain security firm PeckShield, which said users were strongly advised to withdraw all funds (EURe and GNO) and check exposure. The Gnosis co-founder later withdrew that advice, however, and deleted the initial tweet, saying that most users would not be able to withdraw their…

Strategy breaks four-year Bitcoin buying streak with surprise sale

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Strategy has ended a nearly four-year stretch of uninterrupted Bitcoin accumulation after selling 32 BTC for $2.5 million during the final week of May. Summary Strategy sold 32 BTC for $2.5 million, ending a nearly four-year run of uninterrupted Bitcoin accumulation. The company said proceeds from the sale will be used to fund preferred stock distributions, while holdings fell to 843,706 BTC. The sale followed a 411.48 BTC transfer to Coinbase Prime and recent comments from executives that future Bitcoin sales remain possible. According to a Form 8-K filing submitted…