Category: Other Crypto News

Kraken Launches Bitcoin Yield Product

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Crypto exchange Kraken has launched a non-custodial Bitcoin product, giving a 2.5% yearly yield, adding to the company’s yield product offerings amid a rising investor demand for crypto reward products. Kraken unveiled the product on Wednesday with the support of crypto yield infrastructure provider Veda, which said the offering seeks to remove “the headaches that come with wrapping Bitcoin, moving assets, or managing a crypto wallet.” Kraken’s offering comes as Bitcoin (BTC) holders’ demand for yield products has risen, but have seen limited development as the Bitcoin blockchain does not…

The HYPE ETF Outpaced Every Crypto ETF Debut on Record – Institutions Rush Exposure

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HYPE has pushed above $60 to set a new all-time high, creating a bullish environment that stands in sharp contrast to the broader market struggling with selling pressure and uncertainty. The breakout is significant on its own — but data from Kairos Research has revealed a development in the ETF market that places the current momentum in a historical context that amplifies the significance of the price action considerably. Related Reading The spot HYPE ETF has absorbed 1.04% of HYPE’s total market capitalization within its first ten trading days of…

Bitcoin Struggles To Hold $75K As Investors Pivot To Stocks, AI

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Key takeaways: Bitcoin’s drop below $75,000 marks a sharp decoupling from a record-breaking stock market fueled by the AI boom. Crypto trader sentiment remains weak as key US regulatory acts face ongoing delays. Bitcoin’s (BTC) rejection at $78,000 on Thursday marked a decoupling from traditional markets after two months of strong correlation. Wednesday’s decline below $75,000 happened while the tech-heavy Nasdaq 100 Index jumped to an all-time high. The factors behind Bitcoin’s underperformance are unlikely to fade in the near term, reducing the odds of a bullish breakout above $82,000.…

Analyst Eyes ‘Imminent Breakout’ From Falling Wedge

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As Dogecoin (DOGE)’s price attempts to hold a crucial support level, an analyst flagged potentially bullish technical setups that could set the stage for a major move in the coming months. Related Reading Dogecoin Historical Setup Targets Massive Expansion On Wednesday, Dogecoin continued its sideways trajectory between the $0.100-$0.105 local range. The cryptocurrency has been trading within this area for the past four days, after recovering from its one-month low of $0.097 recorded on Saturday. Amid this performance, market observer Trader Tardigrade shared a bullish outlook for the cryptocurrency, analyzing…

This Bitcoin Pattern Could Repeat Itself, But The Bottom Could Lie Below $50,000

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Bitcoin is showing a monthly momentum signal that has appeared near several major cycle lows, which raises the possibility that the current correction is entering its final stage.  The setup is based on the monthly logarithmic MACD histogram, where previous Bitcoin bottoms formed only when the red bars began fading for at least two straight months. The same signal may now be forming again, but there is one important catch. Bitcoin MACD Repeating Bottom Pattern The technical outlook in question is based on the monthly candlestick timeframe chart, but May…

Crypto-Linked Payment Card Volume Surges 230% Since May 2025

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Monthly payment volume on crypto-linked debit and credit cards is up about 230% over last year, amid a proliferation of crypto-related payment products. Cumulative volume on crypto-linked payment cards reached $7.8 billion this month, according to The Kobeissi Letter, a market research publication. Payments giant Visa is capturing about 90% of crypto card transactions through partnerships with onchain native companies like Jupiter Global, analysts at The Kobeissi Letter said. Cumulative crypto card volume between 2023 and 2026. Source: The Kobeissi Letter Jupiter Global is the payments project launched by the…

Glassnode Warns Nearly 30% Of Bitcoin Supply Could Face Future Quantum Risks

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Bitcoin Miner Inflows Test BTC Demand Near $75K

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Bitcoin (BTC) miner inflows to Binance crossed 20,000 BTC for only the second time this year, placing fresh pressure on Bitcoin’s daily uptrend near the $75,000 support zone. Will BTC defend its higher-timeframe bullish structure, or is the market on the verge of a broader bearish trend shift?  BTC miner supply meets weaker demand Crypto analyst Amr Taha said miners transferred roughly 21,000 BTC to Binance on May 18, close to the 23,150 BTC sent on Feb. 5. Large miner deposits are often tied to potential selling activity as miners…

Polymarket Weighs KYC Requirements amid Global Crackdown on Prediction Markets

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Prediction markets platform Polymarket is reportedly considering measures to verify users in response to pressure from global authorities over sanctions violations and other areas of legal risk to the company. According to a Wednesday report by The Information, Polymarket has considered mandatory user verification requirements more in line with Know Your Customer (KYC) standards. The move comes as multiple countries have blocked or restricted access to the predictions market platform over concerns about illegal gambling. Source: Polymarket As of Wednesday, Polymarket had “geoblocked” 35 countries, restricting residents from placing orders…

Perfect Crypto Week In Texas: 6 Candidates Backed, 0 Misses—What To Track Next

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Political efforts tied to the crypto industry scored another set of wins in Texas, strengthening the case that the sector’s influence in US politics remains strong under a more pro-digital asset administration.  According to reporting from Eleanor Terret of Crypto In America, the crypto industry went 6-for-6 backing winning candidates in the Texas primary runoffs held Tuesday night. Anti-Crypto Hits At The Ballot Box One of the biggest results came from the Democratic primary runoff in Texas’s 18th Congressional District. In that race, Terret reported that Rep. Christian Menefee defeated…