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Category: Other Crypto News
Bitcoin Miner Inflows Test BTC Demand Near $75K
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
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
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…
The Market Cap Conversation Will Go Out The Window If This Happens
XRP is currently at the center of a growing debate as analysts discuss a potential move toward $100 and whether traditional market capitalization valuation models still apply. The expert argues that if XRP becomes widely used for payments and settlements, its role may shift toward financial infrastructure. In that case, the cryptocurrency’s value would depend more on network usage and transaction flow, rather than on market capitalization alone. XRP At $100 Could Happen Without A High Market Cap In an X post on May 24, crypto market expert Gina argued…
Streamex and Orca Roll out Onchain Trading System for Tokenized Securities
Tokenized commodities platform Streamex said it is launching a Solana-based marketplace for trading tokenized assets in partnership with Orca, a decentralized exchange built on Solana. According to a Tuesday announcement, the trading infrastructure will allow verified accredited investors to buy and sell Streamex’s yield-bearing, gold-backed GLDY token through regulated onchain trading pools operating around the clock. The system uses identity and compliance checks tied to Streamex’s KYC and accreditation process to restrict trading access to approved investors while enabling secondary market liquidity for regulated digital assets. The companies said neither…
PAC Lauds Texas Primary Wins, Says it will ‘Aggressively Back’ Pro-Crypto Candidates in Future Races
After six Republican and Democratic candidates supported by cryptocurrency-backed interest groups won primaries for US House of Representatives and Senate seats in Texas, one of the biggest political action committees (PACs) said it would “aggressively back leaders” supporting crypto policies in the future. On Tuesday, candidates notched six wins for congressional runoff primaries in Texas, supported by media spending and endorsements by the crypto industry-affiliates Fairshake, Defend American Jobs, Protect Progress, Blockchain Leadership Fund and Fellowship PACs. Democrat Christian Menefee primaried incumbent Al Green for Texas’ 18th congressional district and Republican…
NAKA Down About 65% YTD and Over 99% From its All-Time High
Nakamoto (NAKA) is trading down more than 10% on Wednesday just days after the Bitcoin treasury company completed a 1-for-40 reverse stock split undertaken to stay compliant with the Nasdaq stock exchange’s listing criteria. NAKA stock is down by about 67% year-to-date (YTD) and by more than 99% since its May 2025 peak of about $34 per share, reaching a low of about $0.16 per share in April before the reverse stock split on Friday. Nasdaq warned the company in December that its shares would be delisted after trading below…
Hyperliquid Enters Top 10 Crypto With New ATH, But How High Will It Be If It Overtakes Ethereum?
Hyperliquid (HYPE) recently broke into the top 10 cryptocurrencies by market capitalization, sitting alongside top players like Bitcoin (BTC) and Ethereum (ETH), after its price surged past $50 and set a new all-time high. Now, on-chain analytics platforms are showing what HYPE’s ultimate price could become if it surpasses Ethereum’s market cap. Hyperliquid’s ATH Price If It Surpasses Ethereum’s Market Cap Hyperliquid skyrocketed past $50 a few days ago, surpassing Dogecoin’s ranking to take the 9th spot as one of the largest cryptocurrencies in terms of market capitalization. The move…
Bitcoin, Altcoins Selloff Amid Rising ETF Outflows
Key points: Bitcoin is under pressure as net outflows from the BTC ETFs highlight a shift in institutional investor sentiment. Most major altcoins look weak, suggesting the bears are in control. Bitcoin (BTC) fell below $75,000 on Wednesday, indicating that the bears are slowly taking charge of the crypto market. Institutional investors seem to be on a selling spree, with BTC exchange-traded funds recording net outflows of $1.88 billion since May 15, per Farside Investors’ data. Glassnode said in a post on X that persistent net outflows from BTC ETFs…