Author: boss

Sharplink CEO Points out 3 Catalysts for Ethereum’s Price to Surge Higher

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Ethereum needs three catalysts to fall into place for its price to regain momentum and surge higher, according to SharpLink Gaming CEO Joseph Chalom. “One is the CLARITY Act to pass in the US,” Chalom pointed out in an interview with Robert Baggs on Cointelegraph’s Chain Reaction show published to YouTube on Thursday. It came on the same day that all 13 Republican members and two Democrats voted to advance the Digital Asset Market Clarity Act (CLARITY) at the US Senate Banking Committee meeting. Chalom said that while many view…

Spot Bitcoin ETFs Lose $1B in a Week, Ending Six-Week Inflow Streak

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Spot Bitcoin exchange-traded funds (ETFs) recorded $1 billion in weekly net outflows, ending a six-week inflow streak that had drawn a combined $3.4 billion. The week started on a cautiously optimistic note, with Monday posting modest inflows of $27.29 million, according to data from SoSoValue. The tide turned sharply on Tuesday, when investors pulled $233.25 million from the funds. Selling pressure intensified on Wednesday, the worst single day of the week, with outflows reaching $635.23 million. A brief reprieve came on Thursday, as inflows of $131.31 million offered a momentary…

Bitcoin ETFs end six week inflow streak at $1b

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Bitcoin ETFs logged $1 billion in net outflows in the week ending May 15, ending a six week inflow streak. Summary US spot Bitcoin ETFs recorded $1 billion in net outflows for the week ending May 15, their largest weekly exit since late January. The reversal ended a six week inflow streak worth $3.4 billion, the longest positive run since July 2025. On the final trading day of the week, all 11 Bitcoin ETFs posted outflows totalling $290.42 million with no fund positive. US spot Bitcoin ETFs posted $1 billion…

Bitcoin Power Law Forecasts Price Bottom Of $42,800

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Entain Directly Targets Premier League Clubs Citing ‘Cryptocurrency Reliance’ in Sponsor Ban

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Key Takeaways Entain’s general counsel wrote to six Premier League clubs on May 15 over unlicensed gambling sponsor deals. Zinger letters cite Stake’s “ cryptocurrency reliance” and BJ88’s “unregulated payment methods like cryptocurrency.” Escalation follows February’s letter to Premier League CEO and May 7 IFR submission. Entain’s General Counsel Escalates Past Premier League and Regulator to Pressure Individual Clubs This escalation follows Entain CEO Stella David’s February letter to Premier League CEO Richard Masters and the company’s May 7 (IFR) submission to the Independent Football Regulator’s licensing consultation. Entain General…

Ethereum Sell Signal That Last Preceded A 63% Drop Flashes Again

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

HYPE Falls 6% As CME, ICE Target Hyperliquid Over Oil Risks

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Hyperliquid’s HYPE token retreated roughly 6% on Friday after Bloomberg reported that CME Group and Intercontinental Exchange are pressing US officials to scrutinize the decentralized exchange’s role in offshore oil-linked trading. The move puts one of crypto’s fastest-growing derivatives venues in direct tension with two of the most powerful incumbents in global commodities markets. HYPE traded near $43.81 after reaching an intraday high of $46.93, implying a drop of about 6.7% from the session peak. The token’s 24-hour range ran from $42.75 to $47.00. HYPE slipped more than 6% in…

Strategy to Repurchase $1.5B in Notes, Says Bitcoin Sales Could Fund Deal – Bitcoin News

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Key Takeaways Strategy agreed to repurchase about $1.5 billion of its 0% convertible notes. Funding options include cash reserves, securities-sale proceeds, and possible bitcoin sales. Cancellation of the notes would reduce outstanding debt after the transaction settles. Strategy Details $1.5 Billion Convertible Note Repurchase Plan On May 15, Strategy Inc. (Nasdaq: MSTR) announced on X that it had entered privately negotiated agreements to repurchase about $1.5 billion principal amount of its 0% Convertible Senior Notes due 2029. The company also filed a Form 8-K with the Securities and Exchange Commission…

US CLARITY Act Brings ‘Major Spike of Euphoria’ to Bitcoin: Santiment

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Sentiment around Bitcoin’s near-term price direction has picked up as momentum builds behind the US CLARITY Act, which aims to provide the crypto industry with greater regulatory clarity, according to crypto sentiment platform Santiment. “Bitcoin has seen a major spike of euphoria across social media following news that the Senate Banking Committee advanced the CLARITY Act in a 15–9 bipartisan vote,” Santiment said in an X post on Friday. “This brings BTC and crypto one step closer to being ultimately passed,” Santiment said. Crypto analysts are staying optimistic Bitcoin often…

Is Zcash The Next Bitcoin? Investors Rush Into The Privacy Coin Narrative

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Arthur Hayes has a new favorite coin — and it is not Bitcoin. The veteran crypto investor recently revealed that Zcash has become one of his largest crypto holdings outside of Bitcoin, a disclosure that has drawn fresh attention to a cryptocurrency that many had written off. Related Reading Hayes said that as artificial intelligence, governments, and major tech firms gain more capacity to analyze public blockchain data, the demand for financial privacy will rise. Zcash, according to him, is designed for exactly that. His view is not an isolated…