Bitcoin BTC$60,140.05 found some footing around $60,000 on Friday after this week’s selloff, but the biggest gains came from decentralized finance (DeFi) and the Solana ecosystem. Leading the advance was the native token of Aave AAVE$95.42, the largest DeFi lending protocol, which jumped 19% over… Read More
Bitcoin’s BTC$61,622.70 price drop ahead of Friday’s quarterly options settlement has once again cast doubt on the popular “max pain theory.” The max pain level for this expiry stands at $72,000, significantly above current spot prices of around $61,700. On Friday at 8:00 ET, options… Read More
Micron, Marvell and On Semiconductor, each more than doubled in 2026, led the drop. The selloff pulled the S&P 500 down 1.4% and the Nasdaq 100 down 3.3%. An attempted rebound in Asian chip stocks failed to hold on Wednesday, with Taiwan Semiconductor down more… Read More
Bitcoin steadied near $64,000 over the weekend, clawing back part of Friday’s drop, as traders weighed the start of US-Iran ceasefire talks against a renewed threat to close the Strait of Hormuz. The token traded around $64,200 on Sunday, up 0.9% over 24 hours but… Read More
May 26: The company confirmed it had used its cash reserve to finance the bond repurchase. The transaction had reduced the fund to $871 million. The buyback reduced that reserve to roughly six months of STRC dividend coverage. The company had previously said the plan… Read More
The move marks a notable reversal from the start of the year, when the curve was steepening, a sign markets were pricing in rate cuts, which were then cited as a tailwind for risk assets including cryptocurrencies. That tailwind now looks like it’s fading. Here’s… Read More
