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Key TakeawaysBitcoin dropped nearly 10% to $74,027 on May 23 as a $766M liquidation event wiped BTC longs.Bitfinex analysts warn $79,000 acts as heavy breakeven resistance, capping near-term BTC recovery.Truth Social pulled its bitcoin ETF applications, citing fee...
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Key Takeaways.Timechainindex.com founder Sani flagged a 107 BTC burn on May 25 worth more than $8.2 million.Bitcoin burn wallet holdings reached 807 BTC, valued at nearly $62.15 million.Counterparty burned 2,131 BTC in 2014, fueling renewed proof-of-burn debate....
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Key TakeawaysBitwise launched BWCC on Deutsche Börse, tracking Canton Network’s CC token.Goldman Sachs and Microsoft back Canton as tokenized finance gains institutional traction.Bitwise’s 0.85% ETP expands regulated access to blockchain infrastructure for capital...
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Key TakeawaysStrategy retired $1.5B of 2029 convertible notes for $1.38B cash, an 8% discount to par, on Tuesday.The debt buyback added 4,391 BTC in gains, bringing Strategy’s total holdings to 843,738 bitcoin.Strategy plans to rebuild its $871M USD Reserve through...
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Key TakeawaysKraken deposited 5.06 ETH ($1.07M) into Eigencloud on May 26, per EmberCN.EIGEN token trades at $0.25, roughly 96% below its $5.65 all-time high despite $6.53B in TVL.Eigencloud runs a -$12.7M annual earnings deficit, spending $56.77M in incentives vs... Translate »