Bookmarking Crypto Insights
Key takeaways: Historical chart patterns and the Fibonacci Retracement metric hint at a Solana price rally to $300. Solana’s $7.5 billion in futures open interest and negative funding rates could be a sign that a powerful short squeeze is in the making. Solana (SOL) price tested the $180 resistance level on May 11, but it … Read more
The market capitalization of tokens in the artificial intelligence (AI) crypto sector has surged from $4.5 billion in 2023 to $20 billion in just two years. Growth has however slowed this year, with Bittensor’s TAO being the best performer at just 2% growth, while Elizaos has plummeted by 80%. Bittensor Halving Event According to Grayscale … Read more
Key takeaways: 97% of ETH put options will expire worthless if ETH holds above $2,600. A bullish ETH price outcome could be limited by macroeconomic factors and trading strategies that cap Ether gains. On May 30, $2.4 billion in Ether (ETH) options will expire—an event that could support ETH’s attempt to break above the $2,700 … Read more
The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans. On May 28, the Labor Department revoked a 2022 guidance that had urged fiduciaries to be “extremely cautious” when considering cryptocurrency for 401(k) retirement plans. The move could give asset managers more … Read more
While Strategy founder Michael Saylor dismissed the idea of exposing the firm’s bitcoin wallet addresses as a “bad idea,” Arkham Intelligence appears to have done some digital sleuthing of its own. The firm now claims it has uncovered 87.5% of Strategy’s BTC trove onchain, after linking an additional 70,816 BTC to the company. Arkham Lights … Read more
Key takeaways: Bitcoin researcher Sminston With says BTC could gain 100% to 200%, with a cycle peak between $220,000 to $330,000. Bitcoin continues to exhibit strong cyclical volatility, contradicting the belief that its price swings are softening over time. Over $4 billion in BTC has been moved by long-term holders, warning of a price correction. … Read more
Bilal Bin Saqib, head of Pakistan’s crypto council, announced on May 28 that the country is moving to establish a strategic Bitcoin reserve. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Saqib said the government of Pakistan followed the United States’ lead in establishing a Bitcoin strategic reserve and is embracing pro-crypto regulatory … Read more
Shares of video game and collectibles retailer GameStop dropped nearly 11% on May 28 after the company announced its first Bitcoin purchase, triggering a classic sell-the-news reaction. The stock closed at $31.21 on the New York Stock Exchange, according to Google Finance. The company announced the purchase of 4,710 Bitcoin (BTC) valued at roughly $513 … Read more
Michael Saylor, founder of business intelligence firm Strategy (formerly Microstrategy), predicted bitcoin will become the foundational network for settling global financial transactions, drawing a direct parallel to how gold underpinned the 19th-century banking system dominated by the Rothschild family. Michael Saylor Forecasts Bitcoin as Core Settlement Asset, Evoking 19th-Century Banking Analogy Speaking at the Bitcoin … Read more
Key point: Bitcoin’s market structure is still bullish, even as a phase of profit taking and consolidation sets in. Bitcoin (BTC) remains pinned below the breakout level of $109,588, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note that profit-taking generally follows after Bitcoin hits a new all-time … Read more
