Bitcoin fell to $63,000, lowest since Feb 24, losing over 14% this week. ETF outflows continued for 13th straight day, implied volatility spiked. Analysts warn of possible drop to $50K.
Santiment said WLFI logged 1.8 billion tokens in realized profit on May 18 after Binance launched USD1/BTC. Age Consumed jumped to 17.4 trillion token-days, pointing to major movement from long-dormant holders.
The source article says SHIB climbed back above $0.0000060, with whale wallets adding about 2.02 trillion tokens since April 1 and 82.5 billion SHIB leaving centralized exchanges in one day. It also argues that a $1 SHIB price is not realistic.
XRP Ledger patched a critical signature-layer flaw discovered in February and fixed through emergency releases in March. Cantina said up to $80 billion in assets could have been exposed if the amendment had gone live.
Grayscale Investments and the Bank of Canada released favorable analyses of Aave, highlighting its low net interest margins and potential to become a household name. Risks from leveraged trading, liquidations, and governance remain.
IREN reported a $247.8 million net loss, with Bitcoin revenue down 22%. The company also detailed a $3.4 billion cloud services agreement with NVIDIA and expansion plans in Spain.
Cathie Wood’s latest Big Ideas discussion spans Bitcoin, AI, orbital data centers, nuclear power, autonomous transport and US-China AI competition, with a $1.5 million Bitcoin target by 2030.
A widely discussed commentary argues Ethereum’s rollup-centric roadmap failed to deliver, exposing internal conflict, weak incentives, and developer departures, while even long-time backers such as Paradigm are now linked to Layer 1 efforts.
