Author: boss

Bitcoin Ordinals hit new setback as Ord.io and Zap wind down

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Bitcoin Ordinals explorer Ord.io will shut down on June 1, marking a fresh setback for the Bitcoin inscription market.  Summary Ord.io will shut down on June 1 after its creators said funding had run out. Zap users were told to export private keys to keep access to their assets. The closures come as Bitcoin Ordinals and Runes activity remains far below earlier highs. The platform launched in 2023 and served more than 1 million users, according to the project’s public statement. Creator Leonidas King said the team could no longer…

Google Finds First AI-Developed Zero-Day Exploit

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Google’s Threat Intelligence Group says it identified what it believes is the first-ever case of hackers using artificial intelligence to develop a zero-day exploit. The group said in a Tuesday blog post that it had “observed prominent cyber crime threat actors partnering to plan a mass vulnerability exploitation operation,” using a zero-day vulnerability allowing them to bypass the two-factor authentication of an unnamed “popular open-source, web-based system administration tool.” The exploit required valid user credentials first, but bypassed the second authentication factor, which is often also used to secure crypto…

Bitmine Slows Ether Buy, Targets 5% ETH Supply by December

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Ether treasury company Bitmine Immersion Technologies has slowed the pace of its Ether purchases after previously increasing its buying rate and acquiring more than 100,000 tokens over the last three weeks. Bitmine said on Monday that it purchased 26,659 ETH over the last week, down from the over 100,000 tokens a week it was previously maintaining, but that it was still on track for its goal to buy 5% of the token’s 120.7 million circulating supply by the end of the year.  “We have decided to slow down our pace…

Dogecoin (DOGE) Slows Near $0.1120, Bulls Face Crucial Test

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Dogecoin started a fresh increase from the $0.1050 zone against the US Dollar. DOGE is now facing hurdles near $0.1120 and might aim for a larger rally. DOGE price started a decent upward move above $0.1080 and $0.1085. The price is trading above the $0.1090 level and the 100-hourly simple moving average. There is a key contracting triangle forming with support at $0.1090 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.1080. Dogecoin Price Faces…

Bitcoin Miner Cleanspark Posts $378M Loss in Q2

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Key Takeaways Cleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings. A $224.1M non-cash Bitcoin fair value loss pushed Cleanspark’s net loss to $378.3M for the March 2026 quarter. CEO Matt Schultz targets AI/HPC commercialization as Cleanspark doubled MW under contract with 585 MW of ERCOT capacity. Cleanspark Posts $378M Loss in Q2 as Bitcoin Fair Value Swing Hits Results Cleanspark’s (Nasdaq: CLSK) Revenue for the quarter came in at $136.4 million, down $45.3 million, or 24.9%, from $181.7 million in the same…

Ethereum Price Rejected Near $2,400 Again, Sellers Defend Key Barrier

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Ethereum price started a downside correction from $2,380. ETH is now showing a few bearish signs and might decline further if it trades below $2,300. Ethereum started a downside correction below the $2,360 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,350 zone. Ethereum Price Dips Again Ethereum price failed…

Bitcoin Funding Flips Positive, Is $85K Next?

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Key takeaways: Bitcoin derivatives show limited conviction among pro traders, but ETF flows and Strategy could play a role in the next higher rally.  Reduced odds of a peace plan between the US and Iran, and high oil prices, could impede Bitcoin’s price discovery. Bitcoin (BTC) flirted with the $82,000 level on Monday, sparking a brief surge in demand for bullish leverage. Bitcoin has held near $80,000 for over a week, prompting many traders to bet on further upside. However, derivative metrics show that professional players remain skeptical, leaving many…

Capital Rotation Or Bear Market Rally?

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The altcoin market is gaining strength as a growing number of assets beyond the major names have begun pushing higher, drawing attention back to the broader ecosystem after months of Bitcoin-dominated price action. GugaOnchain has identified a specific signal in the volume data that suggests the shift may be more structural than it first appears. Related Reading A closer examination of the CEX Volume Ratio — which tracks trading volume across all altcoins excluding the top five assets: Bitcoin, Ethereum, Solana, XRP, and Binance Coin — reveals what the analyst…

Strategy’s Bitcoin Sale Comment Puts Treasury Risk in Focus

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Key Takeaways Strategy could sell BTC to fund dividends while seeking to preserve confidence in its treasury approach. Preferred securities make liquidity, dividend coverage, and market access more important for investors. Future signals include BTC sales, USD Reserve changes, preferred coverage, and new issuance. Strategy’s Potential BTC Sale Changes the Treasury Debate Strategy (Nasdaq: MSTR) reported first-quarter 2026 results that drew fresh attention to whether the company could ever sell BTC. NYDIG, a bitcoin-focused financial services and research firm, said in a May 8 report that Strategy’s management acknowledged the…

Bitcoin Exits ‘Panic Zone,’ But Capital Inflows Remain Weak

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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…