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Bitmine owns 4.59% of the total ETH coin supply of 120.7 million Bitmine is 92% of the way to the ‘Alchemy of 5%’ in just 11 months Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains Bitmine has 4,718,677 staked ETH, representing $7.7 billion at $1,630 per ETH MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience Bitmine owns $88 million of Eightco (NASDAQ: ORBS), now one…
Maelstrom co-founder Arthur Hayes said he sold his Worldcoin (WLD) holdings just days after his venture capital firm described it as one of the cleanest proxies for the AI investment play. “This chart is going in the wrong direction,” said Hayes on X on Saturday, showing a chart for the SpaceX pre-IPO perpetual futures contract, which had fallen sharply. “Dumped WLD. I’m out. See y’all at the clerb,” he added.It was only on Wednesday that Maelstrom researcher Lukas Ruppert described Worldcoin as an “overlooked” bet on “AI mega IPOs,” predicting WLD would hit $5 by August.The investor note led to a…
XRP finally found buyers after one of its sharpest selloffs of the year, but the recovery looks more like stabilization than a trend change. The token bounced from levels last seen before the November 2024 breakout, yet every rally is still running into sellers, leaving XRP stuck between deeply oversold conditions and a market that hasn’t stopped de-risking.News Background• More than 25 million XRP left exchanges in recent days, extending a trend that typically points to accumulation rather than immediate selling.• XRP-linked ETF products continued attracting capital, with roughly $118 million in inflows recorded during May and cumulative inflows approaching…
Abu Dhabi, UAE, June 8th, 2026, Chainwire Global game jam MapleStory Vibe Camp offers US$60,000 in NXPC prizes as builders gain access to official MapleStory Universe resources in conjunction with Verse8 MapleStory Universe (MSU), the blockchain-powered expansion of Nexon’s iconic MapleStory franchise, today announced the launch of MapleStory Vibe Camp, a global builder competition inviting users to create original games and experiences using official MapleStory Universe resources. The campaign coincides with the opening of MSU Space, a dedicated builder hub developed in collaboration with AI-powered game creation platform Verse8. Running from June 8 to June 29, MapleStory Vibe Camp offers…
The Immediate Setup NEAR Protocol trades at $1.90, reflecting a 1.4% decline over 24 hours as selling pressure intensifies around the psychological $2.00 level. The token has fallen 17% below its 7-day moving average of $2.29, signaling accelerating downside momentum. Trading volumes remain subdued while buyers struggle to establish any meaningful foothold above current levels. The price action suggests institutional distribution as large holders reduce exposure ahead of potential further weakness. Key Levels Exposed Technical resistance has formed a formidable wall between $1.97-$2.03, repeatedly rejecting attempts to reclaim the $2.00 threshold. The 20-day simple moving average sits at $2.27, now…
DUBAI, UAE, June 7, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of Bybit IPO Express, becoming one of the first centralized crypto exchanges globally to offer tokenized IPO (initial public offerings) at the offering price. Powered by Payward Services‘ xStocks, eligible retail investors worldwide can now participate in blockbuster IPO projects by subscribing to tokenized representations of publicly traded equities, starting with SpaceX as the inaugural offering. The launch marks a fundamental step in the convergence of traditional capital markets and crypto-native infrastructure, as exchanges increasingly compete to expand beyond digital asset…
Bitcoin’s latest oversold RSI mirrors 2020 and February 2026 setups that preceded 50% and 30% rebounds, putting $70K back in focus.
Crypto investors endured one of their toughest week in years as a wave of selling wiped out hundreds of billions of dollars from digital asset markets.Bitcoin BTC$61,608.40 fell 17.3% this week while ether (ETH) dropped 22%, putting both assets on track for their largest weekly declines since November 2022, when the collapse of Sam Bankman-Fried’s FTX exchange triggered a market-wide panic.Despite a modest stabilization on Saturday, both assets remained near their lows, with BTC trading just above $60,000 and ETH changing hands around $1,550.The damage extended far beyond the two largest cryptocurrencies. The digital asset market shed roughly $390 billion…
Technical Breakdown Signals Reversal Setup Ethereum sits in extreme oversold territory with RSI at 12.57, marking the most stretched conditions in months. The MACD histogram flatlines at 0.0000 while price trades 12% below the lower Bollinger Band, creating the technical foundation for mean reversion. These oversold readings historically precede sharp relief rallies as selling pressure exhausts itself. Current price action around $1,560 represents a significant deviation from the 7-day SMA at $1,800, establishing clear upside targets for any technical recovery. The 200-day moving average at $2,457 remains distant resistance, but intermediate levels provide stepping stones for systematic price recovery once…
Key takeaways:Ether derivatives metrics flip to a heavily bearish bias as cascading liquidations cut off a relief bounce. A critical ZCash bug discovered by AI triggers widespread fears of contagion, driving a contraction in Ethereum TVL.Ether (ETH) plummeted to a 13-month low of $1,540 on Friday, following the bearish trend across the broader cryptocurrency market. Traders now fear a deeper price correction, given weakness in ETH derivatives metrics and heightened risk after a bug was found in the Zcash blockchain.ETH perpetual futures annualized funding rate. Source: LaevitasThe Ether futures annualized funding rate flipped negative on Friday, indicating increased demand for short…