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while the low of $56.40 will act as support. A break below this support could signal further declines, while a rebound from these levels may offer a buying opportunity. Market Sentiment: Continuous mo

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BlackRock offloads large amount of Bitcoin Bitcoin drops below $80,000 Advertisement BlackRock has continued to sell Bitcoin consistently this week as the leading cryptocurrency puts a hold on its rec

BlackRock offloads large amount of Bitcoin Bitcoin drops below $80,000 Advertisement BlackRock has continued to sell Bitcoin consistently this week as the leading cryptocurrency puts a hold on its recent price rally, causing its price to remain steady around the $80,000 mark. This appears to have triggered a broader drawdown in institutional interests as the broad ETF market focusing on Bitcoin, Ethereum and other Altcoins, have noted significant withdrawals on most trading sessions. BlackRock offloads large amount of Bitcoin Amid the rapid slowdown in institutional demand, the Bitcoin ETFs have just recorded a massive $635 million in outflow during their last trading session.
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Threshold, Ethereum (ETH) Price Bounce Receives Boost, Shiba Inu (SHIB) Rally Struggles: Crypto Market Review Schwartz:
Ripple Doesn't Control Consensus This marks the largest single-day outflow seen this week. This has reduced the cumulative net flow achieved so far to $58.50 billion as of May 13. Advertisement Following the negative performance seen in the Bitcoin ETF market, BlackRock being a major player in the market has made a huge deposit of $287 million worth of Bitcoin. You Might Also Like Sun, 05/03/2026 - 19:22 Blackrocks European ETF Quietly Tops $1 Billion ByAlex Dovonya Considering the timing of the transaction, market watchers have declared the move to be an attempt to sell even though the company is yet to give any clear reason for the large Bitcoin deposit to Coinbase. Advertisement Although the massive withdrawal from institutional investors suggests that they may be losing confidence in the asset, there are speculations that the big players are only positioning for something big ahead. Bitcoin drops below $80,000After maintaining a steady position above $80,000 since the rapid price rally seen earlier this w

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BlackRock offloads large amount of Bitcoin Bitcoin

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South Korea’s Financial Services Commission plans to release detailed tokenized securities rules in July.  Summary South Korea plans to release detailed tokenized securities rules in July before the 2

South Korea sets July deadline for tokenized securities rules

A HYPE whale just placed a $72 mln bearish bet What does it know? A whale shorts bet amid ongoing market uncertainty has raised questions about whether something significant is coming for the broader 

A HYPE whale just placed a $72 mln bearish bet What does it know?
A whale shorts bet amid ongoing market uncertainty has raised questions about whether something significant is coming for the broader financial market.
Data from the derivatives platform CoinGlass reveals that a whale wallet address (0x8def9f5) has opened short positions worth $72.32 million across multiple markets, including crypto and tech stocks such as Bitcoin, Hyperliquid, TSLA, and NVDA, among others.
The report shows that this whale is heavily positioned in crypto, with $47.78 million in Hyperliquid, $12.37 million in Bitcoin, and $73.41K in Toncoin.

A HYPE whale just placed a $72 mln bearish bet Wha

Claim1,200 USDT in the Monthly Creation ChallengeHTX Creation Challenge — Post and Win 1,500U 💥Post To Earn BonusCoinbase and Circle's commitment to Hyperliquid's AQAv2 upgrade sent HYPE up to roughly

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Coinbase and Circle's commitment to Hyperliquid's AQAv2 upgrade sent HYPE up to roughly $45 on May 14, a deal that makes USDC the platform's aligned quote asset and directs the vast majority of reserve-yield revenue back to the protocol.

The rally reflected traders reading the announcement as institutional validation of the protocol-aligned stablecoin model pioneered by Native Markets' USDH on Hyperliquid.

Under AQAv2, Coinbase becomes the official USDC treasury deployer on Hyperliquid. Circle handles the technical deployment and cross-chain infrastructure, including CCTP, the protocol that enables USDC to move natively between chains via a burn-and-mint mechanism.

HYPE jumps as Coinbase and Circle back Hyperliquid

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Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitBTC Shakes at $80K—Up or Down? Saudi Arabia is tokenizing its multi-trillion-dollar economy to protect its w

Saudi Arabia is tokenizing its multi-trillion-dollar economy to protect its wealth from global shocks.

Faisal Monai, chairman of Saudi Arabia's largest tokenization platform, was a firm believer in the potential of digital payments long before Bitcoin's emergence in 2009. As early as 2007, he led the transformation of the Kingdom's $4 trillion cash-intensive payments system into a digital network.

Before the launch of SADAD, the Saudi Central Bank's digital payments system designed by Monai in 2004, approximately 70% of bill payments in Saudi Arabia still required cash at physical branches. People even had to queue for hours to pay their utility bills. Monai revolutionized this by connecting all banks and major billing institutions in the oil-rich nation through a single digital pipeline.

Monai is hailed as the "architect" of Saudi Arabia's financial system in the Gulf region. The system he created is projected to process over 14.5 billion transactions, totaling approximately $250 billion, by 2025.

In an in-depth interview with CoinDesk, Monai shared a bold prediction.  He has already secured $12.5 billion in licenses to bring Real-World Assets (RWAs) to the blockchain via droppRWA.

Saudi Arabia is tokenizing its multi-trillion-doll

US Giant Company That Invested Heavily in This Altcoin is Facing Tough Times: Serious Bitcoin (BTC), Ethereum ($ETH), and altcoins have faced sharp declines since October. While these declines have gi

US Giant Company That Invested Heavily in This Altcoin is Facing Tough Times: Serious 
Bitcoin (BTC), Ethereum ($ETH), and altcoins have faced sharp declines since October. While these declines have given way to an upward trend in recent weeks, these drops have caused significant losses for both individual and institutional investors.
At this point, as companies are reporting losses one after another, Bit Digital, a giant traded on Nasdaq, also announced a net loss of $146.7 million in the first quarter due to the decline in cryptocurrency prices.

Bit Digital (BTBT), a Nasdaq-listed company heavily invested in Ethereum, reported decreased revenue and a net loss in the first quarter of this year.

According to The Block, Bit Digital reported total revenue of $27.9 million in the first quarter. This figure represents a 13.6% decrease compared to the fourth quarter of 2025.

In addition, the company reported a net loss of $146.7 million in the first quarter. This figure represents a better performance compared to the net loss of $185.3 million in the previous quarter.
This decline in company revenue is attributed to a decrease in revenue from cloud services, Ethereum ($ETH) staking, and cryptocurrency mining.
According to the published report, the company’s $ETH staking revenue decreased by 29.4% to $2.3 million, cryptocurrency mining revenue decreased by 32.9% to $3.7 million, and cloud service revenue decreased by 13.1% to $16.8 million.

Specifically, Bit Digital noted that revenue from $ETH staking decreased by 29.4% compared to the previous quarter, falling to $2.3 million. This decline is attributed to the decrease in $ETH prices and locally staked balances. However, the company stated that approximately 70,000 $ETH remains staked to maintain treasury flexibility.

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Dogecoin price debate heats up as Poly Truth and Meme Punch enter cheap crypto conversations in 2026. Disclosure: This article does not represent investment advice. The content and materials featured 

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto pundit Pumpius has revealed how the CLARITY Act represents a “massive” win for XRP with key p

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