1d ago
Bitcoin retests $74,000 as Trump links Iran deal to reopening the Strait of Hormuz
Bitcoin briefly moved back into the $74,000 area on May 29 as traders reacted to President Donald Trump's remarks that an Iran deal would require the Strait of Hormuz to reopen for unrestricted traffic. Iran said the agreement was not finalized and disputed parts of Trump's account. With US spot BTC ETF flows and traditional markets quieter over the weekend, BTC traded between $72,500 support and $75,000 resistance as participants watched whether the claim gains traction.
BTC
BTC-0.70%
1d ago
5-28
Bitcoin drops under $74,000 after May selloff as Glassnode flags stalled momentum
Bitcoin fell below $75,000 for a second time in May, sliding to about $73,600 at publication and printing a session low near $72,600 after an earlier intraday dip around $74,200. May 23 marked the first break under $75,000, which coincided with spot ETF outflows and forced liquidations. Glassnode argues the $75,000–$78,000 zone is acting as a ceiling, with more than $8 billion of negative gamma near $75,000 and roughly $2.26 billion in US spot Bitcoin ETF outflows over two weeks through late May.
BTC
BTC-0.70%
5-28
5-27
Aave's $55B deposits highlight DeFi's gap versus $2.89T U.S. corporate loans
U.S. commercial and industrial loans at commercial banks totaled $2.89 trillion for the week ending May 13, while Aave finished 2025 with $55 billion in deposits after peaking at $75 billion. The article argues DeFi lending largely prices liquid crypto collateral and automated liquidation, not the cash-flow repayment risk that corporate credit relies on. It also cites on-chain tokenized credit of $5.3 billion in distributed value and $22.7 billion in represented value, still under 1% of what banks lend to businesses.
AAVE
AAVE-2.40%
5-27
5-25
Brazil’s B3 clears a HASH11-linked OTC option, putting a crypto ETF into CCP plumbing
B3 registered a guaranteed OTC flexible option using Hashdex’s crypto-index ETF HASH11 as the underlying in a trade between Inter and XP, with its clearinghouse acting as central counterparty. The move places crypto ETF-linked exposure inside the same margining, clearing, and settlement stack used for regulated derivatives, alongside B3’s broader effort to widen eligible collateral, including a roughly $146 billion pool cited for CCP-guaranteed operations.
B3
B3-1.26%
5-25
5-23
Rio police find alleged Comando Vermelho crypto-mining rig powered by stolen electricity
On May 23, 2026, Rio de Janeiro Civil Police said a raid targeting a Comando Vermelho operational nucleus uncovered a small crypto-mining room with about 30 computers on shelving inside what appeared to be an abandoned lot. Investigators said the site drew electricity from an illegal line connected directly to a utility pole, using high-capacity cooling and remote-monitoring equipment. Authorities are examining whether the structure was linked to moving or laundering funds.
ADA
ADA-2.03%
5-23
5-23
Mark Cuban says Bitcoin "was not the hedge I expected" as BTC sits 38% below $126,000
Mark Cuban said he sold most of his Bitcoin after concluding it did not behave like a crisis hedge during a period of weaker fiat confidence and rising geopolitical risk. He described BTC as "not the hedge I expected it to be," as Bitcoin traded around $77,663 in mid-May 2026, about 38% under its early-October 2025 peak of $126,000. Cuban also said he is shifting more capital toward Ethereum than Bitcoin.
BTC
BTC-0.70%
5-23