Is this a buying opportunity or ETH’s price will dump even more? The second-largest digital asset tumbled to its lowest level since the beginning of April, mirroring a broader market pullback triggered by escalating tensions between the US and Iran. Many analysts warn that a deeper correction may be developing, though an important technical…
Galaxy Digital secured a BitLicense from New York on May 18 to offer regulated crypto services to institutions. Summary Galaxy Digital’s subsidiary GalaxyOne Prime NY received a BitLicense and Money Transmission License from NYDFS on May 18, 2026. The approval allows Galaxy to offer regulated trading and custody to hedge funds, registered investment advisers, and…
A drone strike hit the Barakah Nuclear Power Plant in the UAE, causing a fire at an external electrical generator and temporarily disrupting off-site power to one of the facility’s reactor units. The International Atomic Energy Agency has confirmed that power to Unit 3 has been restored and that radiation levels remain normal. No injuries…
In Bitcoin news today, Bitcoin Depot, once the largest BTC ATM operator in North America with 9,276 kiosks across the US, Canada, and Australia, filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Southern District of Texas on May 18, 2026, and has already taken its entire ATM network offline. Here…
Despite near-term weakness, Lee still sees tokenization and AI-related infrastructure as long-term drivers for ETH. According to Bitmine Chairman Tom Lee, rising oil prices are the biggest reason Ethereum (ETH) has been struggling, and he says the inverse correlation between the two assets has hit the highest level ever recorded. His observation has come…
Bitwise will devote 10% of its HYPE ETF management fee to buying HYPE on its balance sheet. Summary Bitwise announced it will devote 10% of its BHYP Hyperliquid ETF management fee to purchasing and holding HYPE tokens on its balance sheet. The BHYP ETF launched on NYSE on May 15 with a 0.34% sponsor fee,…
Iranian state-linked media is reporting that the United States has agreed to temporarily lift sanctions on Iran’s oil exports while the two countries negotiate. The key words there: “if true.” The claimed waiver would only last for the duration of ongoing talks, not permanently. Iranian sources also assert that Washington may unfreeze roughly 25% of…
Cardano is trading around $0.248, down roughly -2.5% over the past 24 hours, and the chart is not offering much comfort to bulls right now. The $0.20 support level is the immediate line in the sand. Bears are pressing hard, momentum indicators are fading, and the structure of recent price action points to more downside…
Bitcoin is trading at $76.8k as the third week of May opens. It has surrendered the $80k breakout that defined the prior week’s narrative. The short-term bullish trendline that supported the inner rally structure has been broken, and the price has pulled back into the mid-range of the large ascending channel on the daily timeframe….
Bernstein Circle analysts said the CLARITY Act yield compromise blocks rival stablecoin issuers from competing on rates Summary Bernstein said the CLARITY Act language structurally favors Circle by banning deposit-like yield on passive stablecoin balances. Total dollar-backed stablecoin supply surpassed $300 billion this week, with USDC and USDT controlling roughly 97% of the market. The…
