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Add ZyCrypto News On Google Bitcoin whales have shifted from aggressive accumulation to distribution, thereby adding pressure to an already strained market. According to on-chain analytics, the cohort holding between 1,000 and 10,000 BTC has turned net sellers. Their one-year holdings have swung from a gain of roughly 200,000 BTC at the 2024 bull-market peak

Crypto markets faced a mix of structural, market, and policy-related developments on the day.  Summary Michael Ippolito said rising token supply diluted returns as average coin values lagged market cap. Michael Saylor said Bitcoin price now follows capital flows, not the old four-year halving cycle. Polymarket removed a market on a missing US service member

by Estefano Gomez · Just now ago Central banks plan to raise rates due to inflation from Iran’s oil supply cuts. Odds for a Fed rate cut at the June 18 FOMC meeting are now lower. The Strait of Hormuz situation has caused a supply shock, pushing Brent crude prices over $107/bbl. Inflation forecasts now

The price of Ethereum has been hovering around $2,000 for nearly a month, with the technical structure showing no clear path to recovery. According to the latest on-chain data, the “King of Altcoin” is witnessing a rare signal that could mean that it is at the beginning of a positive trend. ETH Net Taker Volume

The rapid growth in the number of crypto tokens is outpacing the value they generate, creating an “existential” problem for the industry, according to Michael Ippolito, co-founder of Blockworks. In a series of posts on X, Ippolito noted that while total crypto market capitalization remains relatively strong, the average value per token tells a different

AI firm Anthropic forms an employee-funded PAC while facing questions over political balance and a growing dispute with the Pentagon over AI use. Artificial intelligence firm Anthropic has launched a corporate political action committee (PAC), entering election financing as debates over AI policy intensify in Washington. The company filed a statement of organization with the

Drift Protocol, a decentralized cryptocurrency exchange (DEX), says the recent exploit against the platform was a six-month-long, highly coordinated attack. “The preliminary investigation shows that Drift experienced a structured intelligence operation requiring organizational backing, significant resources, and months of deliberate preparation,” Drift said in an X post on Saturday. The decentralized exchange was exploited on

Social media bearishness around Bitcoin has reached its highest level since the end of February, according to crypto sentiment platform Santiment. “FUD has crept back in with the community showing a key lack of optimism,” Santiment said in an X post on Saturday, adding that it is “usually a common ingredient for prices rebounding.”  The

The Iranian government’s attempt to block the Telegram messaging application in the country has backfired, as users find ways to circumvent national firewalls and online controls, according to Telegram co-founder Pavel Durov. “Iran banned Telegram years ago,” Durov said on Friday; however, tens of millions of users in the country have managed to access the

The Bitcoin (BTC) network needs a “conservative” Bitcoin client node software implementation to preserve its monetary properties and strengthen network decentralization, according to Jimmy Song, co-founder of ProductionReady, a non-profit organization funding open source Bitcoin node software development and education. The organization has a “bias” against significant code changes, unless there is “overwhelming” community support