SpaceX's potential $2T IPO and Bitcoin holdings could reshape market dynamics, highlighting the growing intersection of tech and finance.
The post SpaceX eyes $2T IPO, holds $637M in Bitcoin appeared first on Crypto Briefing.
The DeFi lending protocol reversed restrictions imposed after April’s $292 million exploit, restoring borrowing capacity across six networks as contagion fears ease.
Fundstrat's Tom Lee pointed out an inverse correlation between crude and Ether as oil surged back to around $110 on Monday.
The move expands the Bitcoin miner's BUZZ HPC infrastructure with deployment targeted for 2027.
Payward said futures trading activity rose 51% year-over-year as Kraken's parent expanded through acquisitions including Bitnomial, Backed and Reap.
Ethereum price started a fresh decline and traded below $2,050. ETH is now consolidating below $2,150 and might struggle to recover. Ethereum started a downside extension below the $2,150 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a connecting trend line forming with support at $2,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,150 zone. Ethereum Price Extends Losses Ethereum price failed to remain stable above $2,220 and started a downside correction, like Bitcoin. ETH price dipped below the $2,200 and $2,150 levels. The price even traded below $2,050. A low was formed at $1,914 on Kraken, and the price is now consolidating losses. There was a recovery wave above the 50% Fib retracement level of the downward move from the $2,197 swing high to the $1,914 low. Ethereum price is now trading below $2,150 and the 100-hourly Simple Moving Average. Besides, there is a connecting trend line forming with support at $2,050 on the hourly chart of ETH/USD. If the bulls remain in action above $2,050, the price could attempt another increase. Immediate resistance is seen near the $2,130 level. The first key resistance is near the $2,150 level or the 76.4% Fib retracement level of the downward move from the $2,197 swing high to the $1,914 low. The next major resistance is near the $2,200 level. A clear move above the $2,200 resistance might send the price toward the $2,250 resistance. An upside break above the $2,250 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,300 resistance zone or even $2,320 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,150 resistance, it could start a fresh decline. Initial support on the downside is near the $2,085 level. The first major support sits near the $2,050 zone. A clear move below the $2,050 support might push the price toward the $2,000 support. Any more losses might send the price toward the $1,920 region. The main support could be $1,880. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,050 Major Resistance Level – $2,150
Zcash (ZEC) has emerged as one of the strongest-performing cryptocurrencies over the past 24 hours, defying the broader market weakness. The selective momentum continues to flow into various altcoins as the Hyperliquid price also defies the ongoing market trend. While top cryptos struggle under mounting selling pressure, ZEC price has sustained a strong bullish trajectory …
Global economic growth may slow, inflation could rise, and investor confidence might waver due to heightened energy and shipping instability.
The post US-Israeli war with Iran costs global companies $25B as shipping and energy chaos spreads appeared first on Crypto Briefing.
Costello's appointment as CFO could influence Standard Chartered's strategic focus on digital assets, impacting future capital allocation decisions.
The post Standard Chartered appoints Manus Costello as permanent CFO appeared first on Crypto Briefing.
The attack highlights vulnerabilities in Gulf energy infrastructure, potentially increasing geopolitical tensions and impacting global oil markets.
The post Oil touches two-week high after drone attack on UAE nuclear plant appeared first on Crypto Briefing.
XRP’s strong popularity in Japan and South Korea is tied to something much bigger than crypto hype. According to Fiona Murray, Ripple APAC VP, decades of ultra-low interest rates pushed retail investors across Asia to search for alternative assets long before crypto became mainstream. Speaking about the trend, Murray said, “In countries like Japan and …
Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 bankruptcy.
Screenshots of a website called “Hormuz Safe” have been circulating on social media, which offers “digital insurance” for ships passing through the Strait of Hormuz.
State-linked Fars News reported that Iran’s economy ministry has been working on a plan to manage shipping through the Strait with payments in bitcoin.
Streeting's challenge could intensify Labour's internal strife, potentially reshaping its leadership and policy direction by 2026.
The post Wes Streeting challenges Keir Starmer for Labour leadership amid party tensions appeared first on Crypto Briefing.
On-chain analysts report that a Solana trader tied to wallet “GyBRmk” sold 21,911 SOL for about $1.85 million after holding the tokens for more than two years. Data shows the investor originally accumulated 20,200 SOL at an average price near $144, valuing the position at roughly $2.91 million. The sale locked in an estimated $1.05 …
The trial's outcome could redefine nonprofit commitments in tech, impacting AI industry structures and investor confidence in mission-driven ventures.
The post Elon Musk and Sam Altman face off in OpenAI lawsuit trial appeared first on Crypto Briefing.
Upbit's TRAC listing enhances global trading efficiency, potentially boosting liquidity and investor interest in decentralized data solutions.
The post Upbit adds OriginTrail TRAC for trading in KRW, BTC, USDT markets starting May 18 appeared first on Crypto Briefing.
Ethereum, the second-largest cryptocurrency, has erased all its May gains after falling nearly 10% over the past week. But according to Bitmine Chairman Thomas Lee, the biggest reason behind Ethereum price decline may not actually be crypto-related at all. Tom Lee Says Rising Oil Prices Are Hurting Ethereum In a recent X post, Lee explained that …
The deal could stabilize US agricultural markets, reduce trade tensions, and enhance economic ties, but execution risks remain significant.
The post China commits to $17B in US agricultural purchases from 2026 to 2028 appeared first on Crypto Briefing.
Bitcoin price started a fresh decline below the $78,500 zone. BTC is consolidating and might struggle to stay above the $76,500 support. Bitcoin failed to stay above $78,500 and extended losses. The price is trading below $78,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $77,700 and $78,500 levels. Bitcoin Price Dips Further Bitcoin price failed to stay above the $78,500 support zone. BTC remained in a bearish zone and extended losses below the $78,000 level. There was a move below the $77,500 level. The price even dipped below $77,000. A low was formed at $76,561 and the price is now consolidating losses. It is showing bearish signs below the 23.6% Fib retracement level of the downward move from the $82,017 swing high to the $76,561 low. Bitcoin is now trading below $77,500 and the 100 hourly simple moving average. If the price remains stable above $76,000, it could attempt a fresh increase. Immediate resistance is near the $77,500 level. There is also a bearish trend line forming with resistance at $77,700 on the hourly chart of the BTC/USD pair. The first key resistance is near the $78,650 level. A close above the $78,650 resistance might send the price further higher. In the stated case, the price could rise and test the $80,000 resistance or the 50% Fib retracement level of the downward move from the $82,017 swing high to the $76,561 low. Any more gains might send the price toward the $80,800 level. The next barrier for the bulls could be $82,000. Downside Extension In BTC? If Bitcoin fails to rise above the $77,700 resistance zone, it could start another decline. Immediate support is near the $76,500 level. The first major support is near the $75,800 level. The next support is now near the $75,000 zone. Any more losses might send the price toward the $74,200 support in the near term. The main support now sits at $73,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $76,500, followed by $76,000. Major Resistance Levels – $77,700 and $78,650.
The Iran conflict exacerbates global economic instability, heightening energy market volatility and threatening future oil price surges.
The post Iran conflict costs global firms $25B, impacts oil market stability appeared first on Crypto Briefing.
Bitcoin Depot said changing regulatory environments have made it difficult to continue its current business model.
Hyperliquid (HYPE) is back in the spotlight as ETF momentum and renewed buying pressure fuel speculation of another breakout move. After reclaiming strength above key support levels, the token is once again attracting trader attention, but due to a fast-growing institutional narrative surrounding the ecosystem. With fresh ETF inflows, whale positioning, and HYPE defending a …
The Garden Finance hack underscores the fragility of crypto bridges, highlighting systemic risks in centralized key management and trust models.
The post Crypto bridge Garden Finance suffers $11M hack via compromised solver appeared first on Crypto Briefing.
The merger could reshape the energy landscape, blending stable utility operations with renewable growth, but faces regulatory and market hurdles.
The post NextEra Energy discusses $76 per share offer for Dominion Energy appeared first on Crypto Briefing.
Blockaid warned that attackers exploited a validation gap in the Verus-Ethereum Bridge, draining roughly $11.58 million in ETH, tBTC, and USDC. Investigators said the bridge correctly verified notarized state roots and Merkle proofs but failed to confirm whether source-chain amounts actually backed payouts. The attacker reportedly spent about $10 in VRSC fees to trigger withdrawals …
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.
Rising fuel costs from military actions strain American households, highlighting the economic vulnerability tied to geopolitical conflicts.
The post Donald Trump’s Iran war costs Americans $40B in fuel bills appeared first on Crypto Briefing.
While the broader crypto market remains under heavy selling pressure, Hyperliquid continues to display notable strength, sustaining its bullish momentum despite weakness across major assets. The optimism surrounding Coinbase’s recent listing roadmap announcement, combined with growing speculation around potential HYPE-linked ETF and ETP products, has significantly boosted market sentiment over the past 24 hours. As …