David Hoffman said Ethereum succeeded technologically, but ETH may no longer see a meaningful structural rerating higher from current levels. Bankless co-founder David Hoffman said he sold his Ether holdings because he believes the long-standing “ETH is money” thesis has already largely played out. Despite this, he remains strongly bullish on Ethereum as a…
SpaceX has emerged as a potential major public Bitcoin holder as Grayscale Research links the company’s planned June listing to its reported BTC treasury Summary SpaceX could become the largest diversified public company holding Bitcoin if its planned June listing goes through. Grayscale said SpaceX holds 18,712 BTC worth about $1.4 billion, which would make…
Crypto-backed political committees just spent more than $9M to reshape Texas politics in a single primary cycle, and they won nearly every race they touched. The most striking result: Houston Democrat Rep. Al Green, a 19-term incumbent and vocal crypto critic, was defeated in the Texas Primary Runoffs by fellow Democrat Christian Menefee after Fairshake…
Bitcoin price hovered near the $75,000 zone on Wednesday as volatility cooled and traders watched whether the latest support area could hold. Summary Bitcoin price trades near $75K as lower volatility and weak spot demand limit buyer conviction. BTC faces pressure from Bitcoin ETF outflows and signs of lower institutional exposure in spot funds. Traders…
The UK government has formally sanctioned HTX, one of the world’s largest cryptocurrency exchanges, and led by Tron founder Justin Sun, citing the platform’s alleged role in helping Russia evade Western economic restrictions. The sanctions, announced as part of a broader May 2026 enforcement action targeting 18 individuals and entities linked to illicit finance networks,…
HYPE ETFs have quickly emerged as crypto’s hottest ETF launch, leaving even Bitcoin ETFs behind on early inflow performance. Two recently launched US exchange-traded funds linked to Hyperliquid’s HYPE token are off to a strong start. New data suggests that the funds have reached a milestone in just 10 days of trading that Bitcoin,…
Grand Theft Auto VI is already set up to be the cultural release of 2026; whether it becomes the first truly “crypto native” blockbuster game is still mostly a Rorschach test for the internet’s hopes and delusions. Summary Rockstar has confirmed a November 19, 2026 launch for GTA VI, but said nothing concrete about on-chain…
In XRP news today, Ripple has filed two new US trademark applications spanning treasury operations, prime brokerage, hedge fund management, and securities lending, on top of a $500M Wall Street funding round that valued the company at roughly $40Bn, and yet XRP’s price remains locked in a multi-month range that has frustrated retail holders watching…
Critics quickly pushed back, arguing that most recent crypto hacks were caused by operational failures instead. Manuel Aráoz, co-founder of smart contract security firm OpenZeppelin, went public on May 26 with a blunt recommendation that people should get out of DeFi, all of it, including the blue chips. According to him, AI-powered coding agents…
Kraken has launched Bitcoin Vault, an on-chain yield product on Kraken Earn that lets users keep spot exposure to bitcoin while earning BTC‑denominated returns sourced from DeFi strategies. Summary Bitcoin Vault allows users to earn on-chain yield in BTC without managing DeFi strategies themselves. The product targets long-term bitcoin holders via the existing Kraken Earn…
