A New York judge has delayed a decision on Aave’s emergency bid to unfreeze $71 million worth of crypto tied to victims of the $293 million Kelp DAO hack, asking for additional information ahead of a new hearing in June. Aave has sought to use $71 million in ETH that Arbitrum froze to assist with recovery efforts following the Kelp DAO hack, one of the worst DeFi hacks this year. However, US law firm Gerstein Harrow LLP filed a restraining notice at the start of May, arguing its clients have…
Category: Other Crypto News
Bitcoin Firm Nakamoto Records Q1 Net Loss Despite Revenue Boom
Bitcoin company Nakamoto saw a 500% quarter-on-quarter increase in Q1 revenue after completing two key strategic acquisitions in February aimed at expanding its footprint across the Bitcoin ecosystem. Despite recording a $238.8 million net loss, Nakamoto CEO David Bailey said Wednesday that Q1 “marked a transformational period” for the company as it closed the acquisitions of Bitcoin-focused news outlet BTC Inc. and Bitcoin-focused investment platform UTXO Management. More than $1.1 million of Nakamoto’s revenue came from its new Bitcoin treasury and derivatives strategy, $800,000 from its media business, $500,000 from…
Bitcoin Risk Appetite Has Crashed Since October 2025
Bitcoin’s dominance over the wider crypto market has grown noticeably stronger in 2026, and new data suggests the reason comes down to where institutional money is — and isn’t — going. Related Reading Altcoin Season Loses Steam Analysts tracking market behavior say the expected rotation from Bitcoin into smaller altcoins has not materialized the way it did in previous bull cycles. The social buzz and speculative energy that once drove traders toward low-cap coins have both faded. According to data from Bitwise, the broader crypto market’s appetite for risk has…
Moody’s Says US Banks Expect Tokenized Finance Will Hit Tipping Point
Major US banks and financial market intermediaries expect the transition to a digitized financial system to start slowly, then hit a tipping point at which it accelerates, according to credit rating agency Moody’s Ratings. In a report Tuesday, the agency said that, during conversations with US banks and other financial market intermediaries, most viewed the shift as inevitable and agreed it would start “slow, then fast,” with tokenization volume increasing and extending to more market participants, assets and use cases. “Across our conversations, industry leaders generally believed that broad asset…
Arthur Hayes Says Zcash Is His Largest Position Outside Bitcoin
Arthur Hayes has put Zcash at the center of his crypto thesis, saying in an interview with Unchained founder Laura Shin that ZEC is now “probably my largest position outside of Bitcoin.” The BitMEX co-founder framed the trade as a bet on rising demand for financial privacy as AI, Big Tech and governments make public-chain activity easier to analyze. Hayes said he views Zcash as the strongest privacy asset in crypto, while acknowledging that the debate between Zcash, Monero and other privacy coins remains unsettled. “I think Zcash is the…
Dogecoin TD Sequential Flashes Sell Signal: Price Correction Ahead?
Dogecoin has seen a Tom Demark (TD) Sequential sell signal on its 3-day chart, a potential sign that the memecoin could see a bearish reversal. TD Sequential Has Formed A Sell Setup For Dogecoin As highlighted by analyst Ali Martinez in an X post, the TD Sequential has just flashed a signal for Dogecoin’s 3-day price. The TD Sequential here refers to an indicator from technical analysis (TA) that’s generally used for pinpointing locations of probable turnaround in a given asset’s price. It involves two phases. In the first of…
Bitcoiner Claims Claude Helped Him Recover 5 Bitcoin
A Bitcoiner’s post has gone viral on X after he claimed to use Anthropic’s AI chatbot Claude to recover 5 Bitcoin worth about $320,000 that he had been unable to access for more than a decade. In an interview with MTS on Wednesday, pseudonymous X user Cprkrn said he made fairly “really complicated passwords” on blockchain.info and forgot one of three passwords after changing it several years ago. Over the last eight weeks, Cprkrn said he used AI to attempt to brute force “trillions of passwords,” but to no avail.…
Bitcoin Price Dips Further Below $80K—Bears Tighten Grip On Market
Bitcoin price started a fresh decline below the $80,500 zone. BTC is consolidating and might struggle to stay above the $78,800 support. Bitcoin failed to stay above $80,500 and extended losses. The price is trading below $80,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $80,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $80,500 and $81,200 levels. Bitcoin Price Dips Further Bitcoin price failed to stay…
Previous Bitcoin’s Market Top Was Hidden Behind Sophisticated Whale Distribution — Analyst Explained
The previous Bitcoin market top may not have been marked by a dramatic crash or obvious sell signal, but by a highly coordinated, sophisticated wave of whale distribution. While most participants were driven by optimism and bullish conviction, large holders were quietly offloading positions in a way that blended seamlessly into normal market activity. How Whale Distributed Bitcoin Without Triggering Warning Signals The Bitcoin market top last year was less obvious than in past cycles, unfolding through a quiet, highly coordinated wave of whale distribution. ForeDex on X revealed that…
Dogecoin Has Only 3 Steps Left Until A Surge Above $1, But A Major Factor Is Missing
A crypto analyst has set multiple bullish price targets for Dogecoin (DOGE), predicting a strong, sustainable rally to the highly anticipated $1 milestone. The analyst has shared technical chart patterns to back his optimistic forecast. However, he still believes that a critical catalyst is needed to propel Dogecoin to these higher levels. His analysis shows how the DOGE price will climb to each target until it crosses $1. Dogecoin Rally To $1 Contingent On Elon Musk As Catalyst Crypto analyst Celal Kucuker has laid out seven bullish price targets for…