Category: Other Crypto News

Bitcoin Will ‘Likely’ Break Support Next as $82,000 Stays Unflipped

boss

Bitcoin (BTC) risks starting its “next downtrend” as bulls fail to break beyond $82,000, the latest analysis warns. Key points: Bitcoin traders are beginning to sway toward a support retest or even a new “downtrend” for BTC/USD. Current price behavior has retained overhead resistance, with bulls unable to push through $82,000. Rangebound crypto markets spark $330 million in liquidations over 24 hours. Trader: BTC price will “likely break below” support Bitcoin traders are increasingly split on where BTC/USD will go next, but calls for lower levels are growing. “For now,…

THORChain Halts Trading After ZachXBT Flags $10M Exploit

boss

Decentralized liquidity protocol THORChain halted trading after blockchain investigator ZachXBT flagged a suspected exploit of more than $10 million. A THORChain alerts Telegram channel showed all trading and signing halted, with a global node pause extended until block 26191149, or roughly 12 hours and 42 minutes. The halt came shortly after ZachXBT said the protocol had likely been exploited across Bitcoin, Ethereum, BNB Chain and Base. A wallet labeled by Arkham as the THORChain exploiter showed $10.8 million in holdings, transferred across several smaller transactions in the 30 minutes before…

Strategy’s Main Bitcoin Acquisition Vehicle Sees Massive $1.5B Trading Explosion

boss

Strategy now holds 818,869 Bitcoin, worth roughly $66 billion at current prices — a position that has become the largest corporate Bitcoin reserve anywhere in the world. That stockpile keeps growing, and the instrument fueling much of the buying just broke a record. Related Reading A New Kind Of Funding Tool STRC, the company’s Variable Rate Series A Perpetual Stretch Preferred Stock, recorded $1.53 billion in trading volume on Thursday — the highest single-day figure it has ever posted. Chairman Michael Saylor announced the milestone on social media, calling it…

Here Are The Levels To Watch Out For

boss

XRP has been trading above $1.40 in recent days, with buyers still trying to push on momentum after the pullback from the May 10 high. The cryptocurrency’s price has not broken down, but it has also failed to confirm a stronger upside continuation. This leaves the 1-hour chart in an important position. However, the XRP count is still valid.  The current wave count now depends on notable price levels, which include whether XRP can hold above support at $1.40 and avoid a break below the key $1.38 swing low. XRP…

South Korea’s Hana Financial Scoops up 2.2M Dunamu Shares

boss

Major South Korean financial conglomerate Hana Financial is buying a stake in Dunamu, the operator of the crypto exchange Upbit, in its latest venture into the digital assets sector, amid a broader trend of traditional financial institutions wading into the digital assets market. In a regulatory filing on Friday, Hana Financial announced it is buying more than 2.2 million shares in Dunamu, or roughly 6.55% of the company, from investment firm Kakao Investment, worth over 1.003 trillion Korean won ($668 million). Hana Financial’s 6.55% stake from Kakao makes it the…

XRP Whales Hold Most Tokens Since 2018 As Price Eyes $1.50

boss

XRP’s largest holders have pushed their combined balances to the highest level in nearly eight years, according to on-chain analytics firm Santiment, as the token tests the upper end of a recent trading range near $1.50. Santiment said wallets holding at least 10 million XRP now control 45.83 billion tokens, valued at roughly $68.5 billion based on the price level referenced in its update. The firm described the move as a whale-led push, noting that those wallets now hold 68.5% of XRP’s supply. “XRP is teasing a $1.50 market value,…

Signal Says it Might Exit Canada if Forced to Comply with Lawful Access Bill

boss

Privacy messaging app Signal has said it may exit Canada if forced to comply with the country’s proposed lawful access bill, which would require companies to build technical surveillance capabilities that some argue could threaten end-to-end encryption. In an interview with Canadian news outlet The Globe and Mail on Thursday, Signal’s vice president of strategy and global affairs, Udbhav Tiwari, argued that the bill could threaten encryption and leave private messaging services vulnerable to potential cyberattacks.  Bill C-22 is part of a regulatory package introduced in March. It would require…

Australia Crypto Investors Face Higher Taxes Under Proposed CGT Rules

boss

Australia’s proposed changes to capital gains tax could lead to smaller profits for cryptocurrency traders, especially low-income earners, and could discourage “patient investing,” according to several crypto executives. The proposed reform, announced by the ruling Labor Party on Tuesday as part of its fiscal year 2027 budget, will bring in a minimum 30% tax on capital gains and scrap the 50% capital gains tax discount on assets held for more than 12 months.  Robin Singh, CEO and founder of crypto tax platform Koinly, told Cointelegraph the proposed changes are a…

Ethereum Flashes Key Sell Signal – 50% Corrective Phase Ahead?

boss

As the market reacts to the latest crypto legislation, Ethereum (ETH) is flashing warning signs after a fresh technical sell signal emerged for the first time in months and a spike in on‑chain realized profits. Related Reading Ethereum Risks New Leg Down After Key Sell Signal On Thursday, Ethereum jumped 3.5 % intraday before hitting its three-day $2,320 resistance area. The move follows the advancement of the crypto market structure bill, known as the CLARITY Act, to a full Senate vote after a 15-9 bipartisan vote during the Senate Banking…

Strategy’s STRC Hits Record $1.5B Daily Trading Volume

boss

Strategy’s perpetual preferred stock, STRC, the company’s primary vehicle for funding its Bitcoin purchases in 2026, hit a new daily trading volume record of $1.5 billion on Thursday. “All-time high volume. $1.53B of liquidity,” chairman Michael Saylor said, referring to Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock.  Stretch offers investors an 11.5% dividend without requiring the company to dilute common shares.  Source: Michael Saylor According to the STRC.live tracker, the company could, in theory, raise an estimated $735.4 million from Thursday’s performance to purchase 9,066 Bitcoin (BTC).  However,…