Bitcoin momentum above $80,000 is slowly building as its market structure improves, according to Glassnode analysis. Bitcoin has spent the last week grinding higher from around $78,000 to top $82,000 twice, with buyers “continuing to absorb pullbacks even as momentum started to cool near local highs,” reported Glassnode on Monday. The asset dipped below
Ronin Ethereum is migrating to a Layer 2 on May 12 with roughly 10 hours of scheduled downtime. Summary Ronin will hard fork at block 55,577,490 on May 12, transitioning from an independent sidechain to an Ethereum Layer 2 on the OP Stack. All transfers, swaps, and smart contract interactions will pause for roughly 10
IREN, the company formerly known as Iris Energy, is looking to raise $2 billion through convertible notes to bankroll what might be one of the most ambitious pivots in the crypto-adjacent infrastructure world. The funds will go toward data center expansion, AI infrastructure buildout, debt repayment, and general corporate purposes. The offering is split into
Bitcoin price is trading at $81,000, up by nothing despite the collapse of US-Iran peace talks that sent prediction and sentiment back below the bullish line. when President Trump rejected Iran’s latest proposal as “totally unacceptable.” Oil prices surged by 5%, the US dollar index (DXY) climbed above 98, and risk assets from stocks to
TRX’s latest upward momentum appears increasingly disconnected from actual blockchain usage and transaction activity levels. Tron’s (TRX) performance so far in 2026 has been solid. In the past five months alone, the crypto asset has climbed more than 23%. Despite this, new data suggests that it faces correction risks. According to CryptoQuant, TRX is
Tom Lee has slowed Bitmine ETH purchases after the firm amassed over 5.2 million tokens and 4.3% of Ethereum’s supply. Summary Bitmine bought 26,659 ETH last week, worth roughly $63 million, down from over 100,000 ETH in each of the prior three weekly periods. Tom Lee said the previous pace would have taken Bitmine to
HSBC Global Investment Research just bumped its S&P 500 year-end 2026 target from 7,500 to 7,650. That’s a 2% increase, which sounds modest until you realize it’s part of a synchronized wave of upgrades from some of the biggest names on Wall Street. The driving force behind the revision is straightforward: corporate earnings keep surprising
Bitcoin price has been pinned between $77,899 and $80,339 for weeks. Retail sees a dead chart. But historically, this kind of BTC consolidation is exactly when altcoin start moving and starts its season. The mechanism is called crypto capital rotation. The total crypto market is one pool of money. When Bitcoin surges, everyone piles in
While Bitcoin dominated headlines, Solana and XRP investment products also recorded sharp increases in activity. Digital asset investment products posted inflows of $857.9 million, and extended six straight weeks of positive flows – the highest weekly figure since April 24. CoinShares stated that the increase is likely tied to improving sentiment around the CLARITY
Kraken’s parent Payward has filed a Payward charter application with the OCC to establish a federally regulated national trust company. Summary Payward filed for an OCC national trust charter on May 8, proposing a new entity called Payward National Trust Company focused on digital asset custody. The trust would offer federally regulated custody to institutional