Cryptocurrency News & Market Updates

The Floor That Broke
The Floor That Broke

In late May Bitfinex Alpha flagged that the institutional bid was gradually disappearing and that  $70,000 for Bitcoin was the next structural floor. The spot Exchange Traded Fund (ETF) tape has now put a number on that withdrawal: more than $3 billion has exited  across a 10-day outflow streak, with BlackRock’s IBIT fund shedding over $2.4 billion alone, since 18 May.

Jun 3, 20265 min read


Vitalik’s Vision for Ethereum: CROPS Not Speed
Vitalik’s Vision for Ethereum: CROPS Not Speed

Vitalik Buterin wants Ethereum to stop competing primarily on speed and focus instead on what the Ethereum Foundation calls CROPS, the cypherpunk properties of censorship resistance, openness, privacy and security. The success of that bet will ultimately depend on whether anyone values those properties enough to matter.

May 29, 20266 min read