Category: Other Crypto News

Bitcoin Price Action Sees First Sub-$70,000 Dip Since Mid-April

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Bitcoin (BTC) traded below $70,000 for the first time in two months on Tuesday as sellers stayed in control. Key points: Bitcoin drops under $70,000 to new two-month lows. Analysis sees 200-day trend lines coming back into play as bulls fail to rescue BTC price action. Stocks continue to post record highs while crypto stays bearish on US-Iran events. BTC price analysis warns of “bearadise” as support thins Data from TradingView showed new BTC price lows of $69,631 on Bitstamp. After failing to follow stock markets higher, BTC/USD increased its…

Binance Unveils Trading Access To Over 7,000 US Stocks, ETFs—And Adds A New Tokenization Plan

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Binance is making another push to blur the line between digital assets and traditional markets. In an announcement made Monday, the company said its users will soon be able to trade more than 7,000 US stocks and exchange-traded funds (ETFs).  It also detailed a plan to let customers convert the stocks they hold into tokenized, crypto-style digital assets, as part of what Binance describes as a wider effort to evolve into a “multi-asset financial super app.” Binance Targets ‘Friction-Free’ Stock Trading Speaking to Fortune, Binance co-CEO Richard Teng highlighted why…

Arthur Hayes Says HYPE Will Beat SOL

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As Hyperliquid (HYPE) reaches new all-time highs (ATHs), Arthur Hayes has bet six figures that the token will continue to rally and outperform Solana (SOL) in the coming months. Related Reading Arthur Hayes Doubles Down On Hyperliquid On Sunday, BitMEX co-founder Arthur Hayes reaffirmed his bullish outlook for Hyperliquid, affirming that the token will outperform the leading cryptocurrencies by market capitalization. In an X post, he asked long-time Solana believer and Chairman of Forward Industries, Kyle Samani, to do “a gentleman’s charitable bet” on which token would have the best…

Robinhood Enters Canada Crypto Market With $180M WonderFi Deal

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Stock and crypto trading platform Robinhood has entered the Canadian market after closing a $180 million stock acquisition of local crypto technology company WonderFi, gaining the company’s licenses and regulatory approvals in the country. Robinhood said on Monday that the acquisition marks the platform’s entry into Canada and will see crypto exchanges Bitbuy and Coinsquare come under the company’s banner. Bitbuy and Coinsquare are among Canada’s largest crypto exchanges. WonderFi disclosed in March that the platforms generated combined revenue of $49.8 million in 2025. Johann Kerbrat, the general manager of…

Bitcoin Falls to Two-Month Low as Stocks Hit Record Highs

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Bitcoin fell to its lowest level in almost two months on Tuesday as cryptocurrencies continue to diverge from traditional equity markets. Bitcoin (BTC) fell to a low of $70,023 on Coinbase early on Tuesday, its lowest level since April 7, marking a daily decline of more than 4% and a weekly loss of 8%, according to TradingView. Bitcoin is down 44% from its October peak of $126,000.  US stock markets such as the S&P 500 have meanwhile hit a record high of just over 7,600 points on Monday, while the…

Bitcoin Bottom Not In Yet? Analyst Sees Higher Odds Of Drop Below $61K

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Bitcoin’s derivatives market has yet to fully heal from a violent shakeout last October, when roughly 71,000 BTC worth around $11 billion was wiped from open interest across major exchanges. Total open interest has not recovered to pre-event levels, leaving a gap of more than 24,000 BTC that signals many traders are still sitting on the sidelines. Related Reading Derivatives Damage Still Visible That cautious positioning sits at the center of growing concern about where Bitcoin heads next. The world’s largest cryptocurrency closed May at $73,560, down 3.40% for the…

Grayscale’s Hyperliquid ETF Likely to Launch This week

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Crypto asset manager Grayscale could launch its exchange-traded fund tied to the Hyperliquid token in the US as soon as this week after it amended a regulatory filing for the fund, an analyst says.  Bloomberg ETF analyst James Seyffart posted to X on Monday that the launch of Grayscale’s ETF was “likely imminent” and was “expecting the launch this week” after the company amended the fund’s filing for the sixth time to add its ticker and fee. Grayscale’s amended filing added that the ETF would trade under the ticker HYPG…

Strategy Sells Bitcoin For First Time Since 2022 Tax-Loss Trade

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Strategy sold a small portion of its Bitcoin holdings last week, marking the company’s first disclosed BTC sale since its December 2022 tax-loss harvesting transaction. The sale is notable less for its size than for what it signals: Strategy is now willing to use a sliver of its Bitcoin stack to service the preferred equity structure it has built around its balance sheet. According to a Form 8-K filed with the US Securities and Exchange Commission, Strategy sold 32 BTC between May 26 and May 31 for roughly $2.5 million.…

Toncoin to Rebrand to Original Name Gram

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The Open Network says it is planning to rebrand its Toncoin (TON) token to Gram (GRAM), the original name of the network’s cryptocurrency in its first white paper. “Gram was the original name of TON’s currency in the first white paper,” Telegram and TON founder Pavel Durov posted to Telegram on Monday. “We’re returning to our roots — and starting a new chapter.” The rebranding will “pave the way for what comes next,” and the transition will take around three weeks, he added.  The change revives the original token name…

Stellar (XLM) Tipped For Historic Breakout With $11 Price Calls: Analyst

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…