Bitmine Immersion Technologies added 26,497 ETH last week, lifting its total ethereum holdings to 5,416,901 coins valued at roughly $10.85 billion and bringing the company within striking distance of owning 5% of ethereum’s entire circulating supply. A Deliberate Slowdown, Not a Retreat The purchase, worth approximately $53 million at roughly $2,003 per ETH, marks a […]
Read MoreDay: June 1, 2026
Analyst Says Strategy’s BTC Sale Is Not Bearish Despite Rising Bitcoin Fear
Strategy’s 32 BTC sale is not triggering widespread selling pressure, according to an analysis shared by Cryptoquant, but weakening profit indicators suggest investor confidence is fading as fear gains ground across the bitcoin market. Bitcoin Metrics Show Why Strategy’s BTC Sale Is Not Bearish Fear is increasingly shaping bitcoin market sentiment after Strategy (Nasdaq: MSTR) […]
Read MoreSwan Bitcoin Drops Federal Lawsuit Against Proton After UK Court Concession Kills Its Core Claims
A federal judge dismissed Swan Bitcoin’s entire lawsuit against Proton Management Ltd. and its employees on June 1, 2026, after Swan admitted in parallel UK proceedings that it never owned the mining assets and trade secrets at the center of its claims. Case Collapses on Its Own Premise Swan filed the original suit in California […]
Read MoreStrategy’s 32 BTC Sale Hits Bitcoin as Price Slides 5% and Liquidations Top $627M
Bitcoin kicked off June by tumbling below $71,000 for the first time since April, triggering a broader market sell-off that wiped out $627 million in leveraged positions and reduced the total crypto market cap to $2.52 trillion. Bitcoin Crashes Below $71,000 to Kick Off June Bitcoin started June on the back foot, tumbling below $71,000 […]
Read MoreAnthropic Files Confidential S-1 With SEC, Targets IPO at $965B Valuation
Anthropic filed a confidential draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) on June 1, 2026, taking its first formal step toward a public offering near a reported $965 billion valuation. The Claude developer submitted the filing under standard SEC confidential review procedures, which allow late-stage companies to begin […]
Read MoreBitcoin ETFs Lead Weekly Losses With $1.42B Exit as HYPE ETFs Push Altcoin Inflows
Bitcoin and ether exchange-traded funds (ETFs) closed the final week of May under sustained redemption pressure, with combined outflows of more than $1.6 billion as investors continued to trim exposure to the market’s largest crypto funds. XRP and HYPE Funds Attract Over $40 Million in Weekly Inflows The holiday-shortened week did not give crypto ETF […]
Read MoreOKX Lists TRXUSD Expiry Perps (X-Perp), Offering MiFID-Compliant Derivative Access to TRX
PRESS RELEASE. Geneva, Switzerland — June 1, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications ( dApps), today announced the listing of TRXUSD Expiry Perpetuals (X-Perps) on OKX Europe Markets Ltd. (“OKX Europe”), expanding regulated access to TRX across the European Economic […]
Read MoreResearcher Cracks 9-Year-Old Bug, Frees $2M in Ethereum Locked Since 2016 ICO
A security researcher known as 0xflorent recovered roughly 1,003.62 ETH, worth approximately $2 million, that had been trapped inside a failed 2016 Ethereum ICO smart contract for nearly nine years. A 2016 ICO That Never Paid Back The funds originated from Hongcoin, also referred to as “The HONG,” a 2016 Ethereum-based project pitched as a […]
Read MoreSaylor Breaks Silence After Strategy’s Bitcoin Sale
Michael Saylor broke his silence after the market learned of Strategy’s 32 BTC sale and its $2.5 million in proceeds. His focus on STRC raised fresh questions about preferred dividends and the company’s bitcoin-backed capital model. Strategy’s First BTC Sale Tests Saylor’s Dividend Strategy Strategy (Nasdaq: MSTR) revealed in a Form 8-K filed with the […]
Read More165 Dormant Bitcoin Wallets Moved 5,073 BTC in May 2026 as Longtime Holders Cash In
A total of 165 long-dormant bitcoin wallets moved approximately 5,073 BTC last month, with one address sitting idle since August 2010 finally coming to life in the final hours of May. Galaxy Research flagged one of the most notable movements on X, reporting that a wallet dormant for 15.8 years moved 20 BTC at block […]
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