Category: Other Crypto News

Bitcoin Analysts Debate ‘Sell in May’ Pattern

boss

Crypto analysts are divided over whether markets will see a major Bitcoin sell-off in May, a pattern that has emerged in the last two bear markets during US mid-term election years.  In May 2018, Bitcoin crashed from nearly $10,000 to about $7,000 by the end of the month. It happened again in May 2022, when Bitcoin fell nearly 30% from about $40,000 to $28,500 before falling further in June to $20,000.  With 2026 also a bear market year coinciding with a US mid-term election, there are concerns it could happen…

Aave Restores Wrapped Ether Borrowing Following Kelp DAO Hack

boss

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

boss

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…

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

boss

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…

Bernstein Sees Figure Q1 Proves Uniqueness of Blockchain Marketplaces

boss

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

boss

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,…

Michael Saylor Signals Weekly BTC Buy While Pushing STRC Proxy Vote

boss

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…

Binance Records $1.5 Billion Stablecoin Net Inflow Amid Highly Reactive Market

boss

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…

Bitcoin Long-Term Holder Supply Climbs Back To August 2025 Levels As 316,000 BTC Move Into Strong Hands

boss

Bitcoin’s latest on-chain picture is beginning to look less like panic and more like patience. Data from CryptoQuant, highlighted by crypto analyst Darkfost, shows that long-term holder supply has climbed back to 15.26 million BTC, returning to a level last seen in August 2025.  The move comes at a sensitive point for Bitcoin, with the price still trying to build strength around $80,000 while traders are currently split between another breakdown and a recovery. Related Reading Long-Term Holders Add 316,000 BTC In 30 Days On-chain data tracked by CryptoQuant shows…

Bitcoin’s Fall To $78K Could Be A Bear Trap — Here’s Why

boss

After springing back to life on the back of positive CLARITY Act development, the price of Bitcoin has been relatively quiet over the past few days. The premier cryptocurrency, which had been dancing around $82,000, is now barely above $78,000. According to a crypto trader on the social media platform X, the latest decline in Bitcoin’s price might not be what it seems and could be a fakeout. Divergence Between BTC Price, Open Interest Suggests Imminent Reversal Pseudonymous crypto pundit Cryptic Trades took to the X platform to share an…