Category: Other Crypto News

Crypto PAC Backed by Anchorage and Chainlink Announces Endorsements for 2026 Midterms

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A political action committee (PAC) that claimed to “support candidates working to advance digital asset and blockchain policy in the United States” announced its picks for the 2026 election cycle, potentially influencing key races with money from the crypto industry. In a Thursday notice, the Blockchain Leadership Fund said it had endorsed ten candidates for the 2026 US midterm elections, four in the Senate and six in the House of Representatives. Chainlink Labs and Anchorage Digital announced the launch of the PAC in March amid other committees that spent heavily…

Bitcoin Weekly RSI Retest Calls Price Bottom: Analyst

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The chance of Bitcoin (BTC) falling below $60,000 is “extremely slim,” according to data showing that BTC long-term holders increased their holdings to 71.6% of the total supply. In addition to this data, a key technical signal turned bullish for the first time since February. BTC price may avoid fresh new lows, says analyst  Crypto analyst Sykodelic said the possibility of Bitcoin revisiting fresh lows has “become extremely slim” after the weekly relative strength index (RS) retested the 50 level. Historically, Bitcoin has entered long-term expansion phases after the RSI recovered…

If You’re Looking To Bitcoin Above $90,000, This Analyst Says To Watch This Bearish OB Level

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A crypto analyst is urging traders and investors to keep a close eye on a bearish Order Block (OB) level on the Bitcoin (BTC) price chart. According to the expert, this OB level sits within a critical zone near $90,000, which could determine BTC’s next directional move, with the cryptocurrency either continuing to the upside or experiencing a sharp rejection toward lower levels. With Bitcoin currently trading around $77,000, a positive reaction to this OB level could open the door for a fresh price rally.  Bitcoin’s Bearish OB Level Signals…

Binance Launches Pre-IPO Futures Product Tied to SpaceX IPO

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Binance launched perpetual futures contracts tied to the expected valuations of private companies ahead of their public listings, starting with a SpaceX-linked product settled in Tether’s USDt (USDT). Binance said pre-IPO perpetual contracts are expected to reflect publicly available IPO pricing indicators, including announced valuation ranges and final offering prices, before a company begins trading publicly. After a listing, the contracts would transition to tracking live market prices. The first contract, SPCXUSDT Pre-IPO Perpetual, is tied to SpaceX’s expected public market valuation, with additional pre-IPO perpetual contracts to follow over…

Chainlink Continues Leading The Oracle Economy With SVR Expansion — What To Know

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Petition Against South Korea’s 22% Crypto Tax Hits 50K Threshold

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A petition to scrap a 22% tax on crypto investment gains in South Korea reached the 50,000-signature threshold required for the country’s Finance and Economic Planning Committee to review objections to the new tax regime. The 22% tax, set to take effect in January 2027, imposes financial and reporting “burdens” on investors, while also limiting upward mobility for younger individuals, who are locked out of housing markets due to skyrocketing real estate prices, according to the petition. The petition now has more than 52,000 signatures. Source: South Korea Assembly The…

CFTC Signs MOU with National Hockey League over Prediction Markets

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The US Commodity Futures Trading Commission (CFTC), under the sole leadership of Republican Michael Selig, announced a memorandum of understanding with the National Hockey League to “protect the integrity of professional hockey and maintain fair and transparent prediction markets.” In a Thursday announcement, Selig said the move was intended to protect prediction market users from “insider trading, fraud, and other abuse” as the CFTC continues to maintain what it calls its “exclusive jurisdiction” over platforms like Kalshi and Polymarket. The agency signed a similar agreement with Major League Baseball in…

Chainlink Sees Historic On-Chain Surge While Exchange Supply Keeps Shrinking – Details

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Chainlink has lost the $10 mark as the market faces a retrace that could extend further. Leaving holders navigate a price structure that offers little immediate comfort. The decline is real — but a CryptoOnchain report has identified a development in the network data from earlier this month that reframes what the current price weakness is actually occurring against. Related Reading Between May 9 and 10, Chainlink’s active address count spiked to over 280,000. A figure that requires context to feel as alarming as it is. The network’s historical baseline…

Blockchain.com Moves Toward Public Listing in US

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Crypto services company Blockchain.com confidentially filed for a US initial public offering (IPO), becoming the latest digital asset player to pursue a public listing as crypto firms return to equity markets. The company said it submitted a draft S-1 registration statement to the US Securities and Exchange Commission (SEC) related to a proposed offering of Class A ordinary shares. Pricing and the number of shares have not yet been determined. According to Thursday’s announcement, the proposed IPO remains subject to market conditions and SEC review. Confidential S-1 filings allow companies…

Hyperliquid (HYPE) Breaks New All-Time High—Surges Past $62 As Momentum Spikes

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Hyperliquid (HYPE) has notched a fresh all-time high as activity across parts of the broader crypto market appears to be consolidating rather than accelerating.  While many competitors have stayed relatively range-bound, HYPE has pushed higher and is now inching toward Dogecoin (DOGE), the tenth-largest cryptocurrency by market cap. At the moment, DOGE still holds a sizable lead—about a $2 billion gap—though Hyperliquid’s latest move has put it back in the spotlight. HYPE Hits A New Peak At the time of writing, HYPE was trading around $61.94. During the day, it…