Ether at $250,000 would make Ethereum a $30 trillion network, bigger than the US financial market and comparable to all the gold ever mined. But that’s the goal Bitmine chairman Tom Lee laid out at Proof of Talk in Paris this week, with the move a 50x from current levels on the back of AI-powered […]
Tom Lee’s $250,000 ether (ETH) goal would mean $2 million per bitcoin (BTC) Read More »
When Zero Network announced it was shutting down last month, the reaction across crypto was tired: Another Ethereum layer-2 just bit the dust. The shutdown joined a growing list of struggling rollups and came amid renewed debate over whether Ethereum’s sprawling layer-2 ecosystem has become too crowded. At the same time, Ethereum creator Vitalik Buterin
Not all tier 2s die, but many no longer have a reason to exist Read More »
XRP attracts money but not buyers. ETF products continue to attract new inflows and currency balances continue to decline, but the price has fallen back to levels last seen in February. When a market stops responding to bullish developments, traders tend to focus less on history and more on where the next support level is.
What next for Ripple-linked token as it sinks to four-month low Read More »
Bitcoin BTC$63,729.63 has tanked over 14% in one week and 22.7% in four weeks. Strategy chairman Michael Saylor has a simple explanation for the decline: It is capital rotation, not depreciation. In a post on X, Saylor pointed to the historic pace of AI infrastructure funding worth approximately $400 billion deployed over the past six
Bitcoin (BTC) is not broken, says Strategy’s (MSTR) Saylor Read More »
Bitcoin BTC$63,729.63 has tanked over 14% in one week and 22.7% in four weeks. Strategy chairman Michael Saylor has a simple explanation for the decline: It is capital rotation, not depreciation. In a post on X, Saylor pointed to the historic pace of AI infrastructure funding worth approximately $400 billion deployed over the past six
Bitcoin (BTC) is not broken, says Strategy’s (MSTR) Saylor Read More »
To say bitcoin BTC$62,562.63 bears feel good would be an understatement. The cryptocurrency is down 14% in seven days, falling to levels not seen since the crash in February. Broader crypto markets have taken an equally brutal beating, with most analysts saying the situation could worsen further if BTC breaks below the critical $60,000 threshold.
Standard Chartered’s three ‘Ifs’ standing between bitcoin and a market low: Crypto Daily Read More »
JPMorgan ( JPM ) said the proposed U.S. crypto market structure bill, known as the Clarity Act, may only have a limited window for passage this year as the congressional calendar tightens ahead of the midterm elections and the stablecoin dividend debate remains unresolved. “As the US midterms approach, the legislative window for passage of
JPMorgan sees a shrinking window for overhauling the structure of the US crypto market Read More »
The amount of bitcoin BTC$62,661.32 supply with losses reached an important bear market threshold and exceeded 10 million BTC, more than half of the total in circulation. According to Glassnode data, the number peaked at a one-hour resolution of around 10.5 million BTC as the price fell to as low as $61,300 on Thursday. Total
Bitcoin supply in losses overtakes profits, a hallmark of bear market bottoms Read More »
The strategy’s recent bitcoin sale, the first in more than three years, sparked a major dispute on Polymarket, with the dispute resolution body led by UMA token holders ultimately ruling against players who bet that the sale would take place on May 31. The controversy began after Strategy disclosed in a June 1 filing that
Polymarket says no to May, yes to June after Strategy’s latest bitcoin sale Read More »
Cardano founder Charles Hoskinson said he is “taking a break” after warning that the blockchain ecosystem faces an upcoming “wave of failures” as ADA fell below $0.20 for the first time in more than five years. I’m taking a break. TTYL — Charles Hoskinson (@IOHK_Charles) June 3, 2026 ADA is down nearly 10% on the
