Bitcoin ETFs bleed $1B, Aave’s $71M ETH unfreeze bid delayed: Hodler’s Digest, May 10 – 16
Bitcoin ETFs recorded $1 billion in weekly net outflows, a judge has delayed a decision on Aave to unfreeze $71 million worth of crypto.
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Coinbase to Launch Token-backed Mortgage Payments this Summer
Cryptocurrency exchange Coinbase will allow qualified borrowers to pledge digital assets to fund Fannie Mae-backed mortgage apartments beginning this summer. In a Thursday notice, Coinbase and its partner, Better Home & Finance, said the mortgage structure plan launching “by summer 2026” will allow borrowers to initially use Bitcoin (BTC) or USDC (USDC) as collateral for…
Crypto Tax in Illinois FY2027 Budget is One Step Away from Becoming Law
Some digital asset industry advocates are pushing back against a provision in a $56 billion state budget passed by the Illinois General Assembly on Monday, due to its impact on crypto users. In a Senate bill included as part of the Illinois state budget for the fiscal year 2027, lawmakers proposed a 0.2% tax on…
Why is Ethereum Foundation selling? BTC futures warning signs: Market Moves
ETH price up 10% in April, so why is Ethereum Foundation selling? Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 in April amid renewed market optimism. (Cointelegraph) Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales. In early…
Strategy’s Bitcoin Sale Shakes Treasury Trade Assumptions
Strategy’s sale of 32 Bitcoin shouldn’t have mattered. The company still holds hundreds of thousands of BTC, and the transaction barely moved the needle on its balance sheet. Yet the market reaction was swift, exposing how much of the Bitcoin treasury trade had been built on a simple assumption: companies buy Bitcoin… and they never…
Bitcoin most oversold since 2020 crash: Can BTC rebound to $70K next?
Bitcoin’s latest oversold RSI mirrors 2020 and February 2026 setups that preceded 50% and 30% rebounds, putting $70K back in focus. Bitcoin (BTC) is now flashing its most oversold signal since the COVID-19 crash, raising the odds of a relief rebound toward $70,000 in the coming weeks. Key takeaways: As of Saturday, Bitcoin’s daily relative…
Bitcoin will not hit $1M by 2030, says veteran trader Peter Brandt
Veteran trader Peter Brandt has pushed back on one of Bitcoin’s most aggressive long-term price targets. “2030, we don’t go to a million,” Brandt tells Cointelegraph on the Chain Reaction show. Despite strong calls from Coinbase CEO Brian Armstrong and ARK Invest CEO Cathie Wood for Bitcoin to reach $1 million within the next four…
