Author: boss

Aave Restores Wrapped Ether Borrowing Following Kelp DAO Hack

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Aave users are now able to borrow against wrapped Ether on the decentralized finance protocol again, as the Kelp DAO exploit recovery plan continues to progress.  Aave founder Stani Kulechov said in an X post Sunday that the protocol restored loan-to-value (LTV) ratios for wrapped Ether (WETH) to pre-incident levels across all affected networks: Aave V3 Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle and Linea.  “The next step in the rsETH technical recovery plan has been completed with the restoration of WETH LTVs to their pre-incident levels across all affected…

Grayscale, VanEck Amend BNB ETF Applications

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Asset managers Grayscale and VanEck filed amended S-1 registration statements for their respective spot BNB exchange-traded funds on Friday, bringing the cryptocurrency one step closer to becoming an approved US crypto ETF.  Grayscale filed its second amendment, while VanEck submitted its fifth on Friday. S-1s are one of the main filings that ETF issuers must submit to the SEC for approval, detailing everything from the ETF’s structure and strategy to management fees and risks. “Another amended S-1 from [Grayscale] on the BNB ETF… have to guess they are going off…

‘Clock Is Ticking’ – Bitcoin News

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Key Takeaways Trump warned Iran on Truth Social on May 17, 2026, after a call with Netanyahu, adding pressure to stalled ceasefire talks. Hyperliquid oil perps xyz:WTIOIL and xyz:BRENTOIL topped $102 and $106, with combined open interest above $481 million. Trump convenes the Situation Room on Tuesday to weigh military options if Iran fails to reopen the Strait of Hormuz. Bitcoin hit an intraday low of $76,690 amid the U.S.-Iran war talk escalation. Oil Prices Stay Above $100 as Trump Warns Iran Time Is Running Out on Ceasefire Deal Trump…

Robert Kiyosaki Reinforces Bullish Bitcoin Outlook Amid Inflation Warning – Bitcoin News

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Key Takeaways Kiyosaki linked bitcoin ownership to inflation protection, debt concerns, and weakening fiat currencies. His outlook includes BTC at $250,000, alongside higher gold and silver targets. Entrepreneurs may need advisers, discipline, and hard assets as currency pressure builds. Kiyosaki’s Bitcoin Bull Case Extends Beyond Market Forecasts Robert Kiyosaki combined entrepreneurship and bitcoin investing in two messages on X last week, tying advisory networks, inflation concerns, and hard assets into a broader wealth-preservation strategy. In a May 16 post, the Rich Dad Poor Dad author described lifelong learning and trusted…

Bitcoin Whale-Retail Delta Drops To ETF-Era Lows As Smart Money Turns Cautious

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According to a recent on-chain study, the Bitcoin market has entered another crucial phase, driven by a growing divergence between retail and whale activity. Whale Positioning Diverges Sharply From Retail Optimism In an X post on May 16, crypto analyst Joao Wedson highlights a clear schism between Bitcoin retail and whale activity. This post’s assertion is based on readings obtained from the Bitcoin: Whale Vs Retail Delta metric. For context, the metric monitors the difference in trading behavior between large Bitcoin holders (whales) and retail traders. By extension, it helps…

Iran Launches Hormuz Safe, Claims $10B Revenue – Bitcoin News

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Key Takeaways Iran’s Ministry of Economy reportedly launched Hormuz Safe on May 16, 2026, targeting $10B in annual revenue. Hormuz Safe will ostensibly settle maritime insurance policies in bitcoin, raising U.S. sanctions compliance concerns for cargo operators. The platform covers Persian Gulf and Strait of Hormuz transits, with policy terms and war-damage exclusions still evolving. Fars News Reports Iran Has Launched Hormuz Safe, a Bitcoin-Based Maritime Insurance Platform for Strait of Hormuz Shipping The story started gathering virality on social media Sunday evening after 4 p.m. ET, with users sharing…

Bernstein Sees Figure Q1 Proves Uniqueness of Blockchain Marketplaces

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Bernstein analysts said Friday that Figure Technology Solutions’ first-quarter earnings report shows that the fintech is fast becoming a company that is unique among blockchain marketplaces. Figure’s May 11 earnings report soundly beat Wall Street estimates on both revenue and EBITDA, with a business that seeks to turn real-world credit assets into blockchain-native instruments that can be traded, funded and financed more efficiently.   As Figures builds out a blockchain-native capital market ecosystem, the analysts expect the company will surprise investors with how it differs from balance sheet-based fintech lending platforms,…

BitMine Buys Another $197 Million In Ethereum As Tom Lee’s 5% ETH Strategy Presses On

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On-chain data is pointing to another interesting accumulation move by Tom Lee’s BitMine Immersion Technologies, with a whale tracker flagging a $197.64 million Ethereum purchase routed through four newly created wallets. Related Reading The latest Ethereum buy has come during a period of weakness, which has seen the Ethereum price losing $2,300, and $2,100 is now in focus. BitMine Adds 89,026 ETH As Treasury Accumulation Continues On-chain analytics firm Lookonchain flagged a series of transactions suggesting that BitMine, the cryptocurrency mining and treasury firm chaired by prominent investor Tom Lee,…

Peter Schiff Tells VRIC Media the US Economy Is Heading Into Its Worst Inflation Yet – Bitcoin News

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Key Takeaways Peter Schiff warns that the Fed’s balance sheet expanded by over $200 billion in 2025, signaling a return to quantitative easing. Schiff calls STRC a “classic centralized Ponzi,” warning retirees could lose principal on Strategy’s 11.5% preferred stock. With 30-year Treasury yields potentially hitting 8%, Schiff sees gold, silver, and mining stocks as the primary hedge through 2026. Gold Advocate Peter Schiff Predicts $20,000 Gold Price Over the Next Decade During the interview, Schiff pointed to the year-over-year CPI reading of 3.8%, up from 3.3% the prior month,…

Michael Saylor Signals Weekly BTC Buy While Pushing STRC Proxy Vote

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Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be buying more of the cryptocurrency in the week ahead while also encouraging retailer shareholders to vote on a proxy measure enabling semi-monthly dividend payouts on the company’s STRC perpetual preferred stock. “Big Dot Energy” was Saylor’s tweet late Sunday morning to accompany a bubble chart tracking Strategy’s BTC purchases over the past nearly six years. That chart, from Iceland-registered StrategyTracker.com, has been consistently posted by Saylor in the days ahead of a corporate purchase. Saylor’s “Big Dot…