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Bitcoinist

14260 Articles

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Circle Blacklists Zama Protocol Address, Freezing $12.6M In User Funds – Details

Stablecoin issuer Circle has reportedly blacklisted a smart contract linked to privacy protocol Zama,freezing approximately $12.6 million in user funds. The development, first flagged by on-chain investigator ZachXBT, involves the protocol’s Confidential USDC (cUSDC) contract deployed on Ethereum se...
Sun, May 31

Bitcoin Bulls Defy Market Sell-Off As Sentiment Hits 2026 High — Analysts

Spot Bitcoin ETFs have now logged 10 straight days of outflows, with total net redemptions nearing $3 billion since May 15. That is the backdrop against which social media sentiment around Bitcoin has climbed to its most bullish point all year. Related Reading: $1.88M Wiped Out As Sui Blockchain Suf...
Sun, May 31

Crypto Liquidity Dries Up As $1.2B Flows Out Of Binance In May

The crypto market in 2026 seemed to be performing similarly to last year, after a negative first quarter, marked by a particularly horrendous February. This similarity continued into the recovery path, as the digital asset market rebounded quite nicely in the month of April despite a somewhat unstab...
Sun, May 31

Bitcoin Indices Paint Fragile Market Position – How Close Is Relief?

Over the last month, Bitcoin prices have dipped by 3.45% net, as the leading cryptocurrency struggles to sustain its April momentum. During this time, Bitcoin has faced multiple rejections at the $82,000 price zone, triggering a sustained downward trend since mid-May.
Sun, May 31

Banks Vs. Crypto Law: JPMorgan CEO Doubles Down On CLARITY Opposition

Prediction markets put the odds of the Digital Asset Market Clarity Act becoming law this year at 59%, down from a high of 68% following a Senate committee vote earlier this month.
Sun, May 31

Bitcoin Price Stays Range-Bound, But How Long Can It Hold? Watch This Level To Know

After beginning the week with a steep drop from around $78,000, the Bitcoin price appears to have found stability near $73,500. However, a recent on-chain evaluation suggests that if a condition is not met, this newfound stability might just be the typical calm that precedes a storm.
Sun, May 31

$1.88M Wiped Out As Sui Blockchain Suffers Third Outage Before Recovery

Leveraged traders betting on a price recovery got hit hardest when the Sui blockchain went down for the third time in under 48 hours. Data from CoinGlass shows that long positions accounted for $1.72 million of the $1.88 million in SUI liquidations recorded during the latest disruption. Related Read...
Sun, May 31

$1 Billion In Iranian Crypto Seized By US, Treasury Secretary Says

Treasury Secretary Scott Bessent recently revealed that the United States has seized $1 billion worth of crypto assets tied to the Iranian government. This figure has continued to rise amid the ongoing conflict between the two nations. Operation Economic Fury Sends Iran Into Crisis: US Treasury Secr...
Sat, May 30

SEC Sues Texas Man For $12.3 Million Crypto Asset Fraud – Details

The US Securities and Exchange Commission (SEC) is pressing charges against Nathan Fuller, a Texas resident, for running a multi-million dollar crypto investment fraud scheme. The case, filed at the US Southern District of Texas, seeks several penalties against the defendant for allegedly defrauding...
Sat, May 30

Bit Digital Saw Ethereum’s Strategic Value Before Institutions Caught On

In a market where most institutions focus on crypto, Bit Digital appears to have taken a more forward-looking approach by recognizing Ethereum’s strategic importance early on. While many players were still treating ETH as a secondary asset, Bit Digital began positioning itself around ETH’s lon...
Sat, May 30

$10M In Bitcoin: Texas Breaks From IBIT To Build Its Own BTC System

A public website showing real-time Bitcoin holdings and valuations will be required from whichever firm wins the contract — a transparency measure that sets Texas apart from most institutional holders. The state’s comptroller office released the requirement last Thursday alongside the announce...
Sat, May 30

What The Fed Chairman Said About XRP And Its Implications For Holders

Tom, the founder of OpenFind, has drawn attention to a research paper co-authored by the Fed Chair Kevin Warsh, in which they highlighted XRP. Specifically, the paper discussed cross-border payments and how crypto assets such as XRP could serve as a bridge currency. Fed Chairman’s Research Paper Hig...
Sat, May 30

BlackRock And Strategy Send 7,459 Bitcoin To Coinbase Prime – Will Demand Hold Up?

Bitcoin is struggling below $75,000 as the market faces uncertainty that has made directional conviction difficult to sustain across multiple sessions. The price is under pressure — and top analyst Axel Adler has identified a development in the institutional wallet data that adds a specific supply d...
Sat, May 30

OKX, KIS Acquire 20% Stake In South Korean Crypto Exchange As Local Race Intensifies

OKX and Korea Investment & Securities have joined the list of companies investing in South Korean crypto exchanges after agreeing to acquire a 20% stake each in Coinone, one of the country’s largest platforms. Related Reading: Ripple CEO Says Voters, Trump Defeated The ‘Anti-Crypto Army’ OKX, KI...
Sat, May 30

Why Bitcoin Is Struggling While Stocks Keep Rising – Here’s What The Data Reveals

Bitcoin is struggling below $75,000 as the market faces uncertainty that has persisted long enough to raise fundamental questions about the nature of the current weakness. The price action is frustrating for bulls who expected the recovery from the February lows to deliver more, and XWIN Research Ja...
Sat, May 30

Corporate Ethereum Race Heats Up As Bit Digital Buys Additional $20M ETH

Bankless co-founder David Hoffman recently sold the last of his Ethereum holdings, saying the investment case for ETH had largely played out. That exit came the same week Bit Digital went the other direction — dropping $20 million to add more to its already substantial Ethereum stash. Related Readin...
Sat, May 30

Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

Data shows the Bitcoin loss supply has risen to 8.33 million BTC as the recently-bought tokens have been pushed underwater by the drawdown. Bitcoin Total Supply In Loss Has Shot Up Recently In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Total S...
Sat, May 30

XRP’s Latest Move To DeFi: What This Upgrade Will Mean For Users And Investors

The XRP Ledger Foundation has introduced a new draft proposal that could significantly expand how trading and liquidity work on XRP’s decentralized exchange (DEX). The proposed update, called AMM Swappable Curves, will allow XRPL users and liquidity providers to choose different pricing models when ...
Fri, May 29

Bitcoin Pops Above $73,000—But The Tape Screams: Selling Pressure Hits Months-High

Bitcoin (BTC) regained the $73,000 level on Friday after earlier dipping to $72,500 earlier in the day for the first time since April. While the rebound may look like a quick recovery on the chart, market analyst J.A. Maartun said the bigger story is what the data shows about selling pressure undern...
Fri, May 29

Strategy’s Bitcoin Treasury Model Compared To Falling Dominoes By Peter Schiff

Strategy can cover its debt and preferred dividends even if Bitcoin drops to $8,000 — down from current levels around $73,000 — a claim the company makes as gold advocate Peter Schiff steps up his warnings about its business model. Related Reading: Crypto Card Payments Explode As Transaction Volume ...
Fri, May 29
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