Bitcoin Falls to Two-Month Low as Stocks Hit Record Highs

Bitcoin fell to its lowest level in almost two months on Tuesday as cryptocurrencies continue to diverge from traditional equity markets. Bitcoin (BTC) fell to a low of $70,023 on Coinbase early on Tuesday, its lowest level since April 7, marking a daily decline of more than 4% and a weekly loss of 8%, according to TradingView. Bitcoin is down 44% from its October peak of $126,000.  US stock markets such as the S&P 500 have meanwhile hit a record high of just over 7,600 points on Monday, while the…

Bitcoin Bottom Not In Yet? Analyst Sees Higher Odds Of Drop Below $61K

Bitcoin’s derivatives market has yet to fully heal from a violent shakeout last October, when roughly 71,000 BTC worth around $11 billion was wiped from open interest across major exchanges. Total open interest has not recovered to pre-event levels, leaving a gap of more than 24,000 BTC that signals many traders are still sitting on the sidelines. Related Reading Derivatives Damage Still Visible That cautious positioning sits at the center of growing concern about where Bitcoin heads next. The world’s largest cryptocurrency closed May at $73,560, down 3.40% for the…

Grayscale’s Hyperliquid ETF Likely to Launch This week

Crypto asset manager Grayscale could launch its exchange-traded fund tied to the Hyperliquid token in the US as soon as this week after it amended a regulatory filing for the fund, an analyst says.  Bloomberg ETF analyst James Seyffart posted to X on Monday that the launch of Grayscale’s ETF was “likely imminent” and was “expecting the launch this week” after the company amended the fund’s filing for the sixth time to add its ticker and fee. Grayscale’s amended filing added that the ETF would trade under the ticker HYPG…

The Unexpected Deal Steve Jobs Offered U2 After Refusing to Hand Over Apple Shares – Bitcoin News

Key Takeaways U2 sought Apple shares in 2004; Steve Jobs rejected equity and reshaped the deal. Apple’s 2004 iPod U2 Edition boosted sales, showing product-led marketing power. Jobs’ 2004 strategy still influences brand partnerships and celebrity tie-ins today. Back in 2004, U2 tried to trade star power for Apple stock. Steve Jobs said no, then flipped the pitch, persuading the band to front a campaign for free. The result was a black iPod with a red click wheel and U2’s signatures etched on the back, a limited edition that flew…

Massive Move Incoming ? Why market hang? – Latest Crypto Market News Today

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Massive Move Incoming ? – Latest Crypto Market News Today – BTC-ETH Analysis Welcome to Al Makkah Tech & Business Hub! If you are looking for the most reliable CRYPTO NEWS TODAY, you’ve come to the right place. Our mission is to provide you with the latest updates on the digital asset market, including daily Bitcoin price analysis and in-depth ethereum price analysis. Staying informed is the first step toward understanding the rapidly evolving blockchain landscape. __________________________________________ For Verified News updates Follow…

Strategy Sells Bitcoin For First Time Since 2022 Tax-Loss Trade

Strategy sold a small portion of its Bitcoin holdings last week, marking the company’s first disclosed BTC sale since its December 2022 tax-loss harvesting transaction. The sale is notable less for its size than for what it signals: Strategy is now willing to use a sliver of its Bitcoin stack to service the preferred equity structure it has built around its balance sheet. According to a Form 8-K filed with the US Securities and Exchange Commission, Strategy sold 32 BTC between May 26 and May 31 for roughly $2.5 million.…

Toncoin to Rebrand to Original Name Gram

The Open Network says it is planning to rebrand its Toncoin (TON) token to Gram (GRAM), the original name of the network’s cryptocurrency in its first white paper. “Gram was the original name of TON’s currency in the first white paper,” Telegram and TON founder Pavel Durov posted to Telegram on Monday. “We’re returning to our roots — and starting a new chapter.” The rebranding will “pave the way for what comes next,” and the transition will take around three weeks, he added.  The change revives the original token name…

Solana (SOL) Risks Slipping Deeper Into The Red As Momentum Fades

Solana failed to settle above $84 and trimmed most gains. SOL price is now consolidating losses above $78 and might continue to move down. SOL price started a fresh decline below $82 and $81.20 against the US Dollar. The price is now trading below $81.20 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $82.00 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $78.80 or $78.00. Solana Price…

Solo Mining is BETTER than Pool Mining Bitcoin in 2026, per the data

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Pool mining is dead, it is all about solo mining Bitcoin, because based on the data if you’re going to mine BTC, forget earning passive income mining a little bit of Bitcoins daily, it’s best to go for the solo mined block, especially before the next Bitcoin halving! Buy the best bang for buck starter BTC miner here – Discounted mining disrupt tickets! Buy a full-size Bitcoin miner here! Buy the cheapest starter BTC miner here – Cool touch screen BTC miner…

Stellar (XLM) Tipped For Historic Breakout With $11 Price Calls: Analyst

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…