Invest ideasNews
30 May 2026, 02:30
Corporate Ethereum Race Heats Up As Bit Digital Buys Additional $20M ETH
Bankless co-founder David Hoffman recently sold the last of his Ethereum holdings, saying the investment case for ETH had largely played out. That exit came the same week Bit Digital went the other direction — dropping $20 million to add more to its already substantial Ethereum stash. A Company Building Around Ethereum Bit Digital acquired 8,568 ETH on May 11 at an average price of $2,334 per token, pushing its total holdings to roughly 158,462 ETH. The Nasdaq -listed company said the purchase was part of a broader strategy to grow net asset value per share through Ethereum accumulation, AI infrastructure, and acquisitions. According to CEO Sam Tabar, the deal helped trim the firm’s average purchase price. Bit Digital operates across three areas: Ethereum treasury management, AI and high-performance computing infrastructure, and strategic acquisitions, with its WhiteFiber subsidiary trading on Nasdaq under the ticker WYFI. The purchase moved Bit Digital past Coinbase Global — which held about 151,175 ETH — to become the fourth-largest public corporate holder of Ether, based on CoinGecko data. Other Firms Are Piling In Too Bit Digital is not alone. Bitmine Immersion Technologies made its largest ETH purchase of the year earlier this week, buying 111,942 Ether. Chairman Tom Lee said Ethereum stands to benefit from a crypto supercycle driven by tokenization and AI-powered agents. Based on CoinGecko data, Bitmine Immersion currently ranks as the largest public Ethereum treasury holder, with more than 5 million ETH. The buying spree is happening even as ETH trades well below its recent highs. The token was priced around $2,013 at the time of reporting, down about 30% year-to-date and nearly 60% off its August 2025 peak near $4,946. Price Lags While Network Activity Holds Steady Standard Chartered released a report Thursday arguing that Ethereum’s on-chain metrics tell a different story than the price. Transaction activity and total value locked on the network remain near record levels, the bank said, despite the sharp drop in token value. The bank’s global head of digital assets research, Geoff Kendrick, held to a price target of $4,000 for ETH by end of 2026 and $40,000 by 2030. He said growth in stablecoin use and tokenization activity on Ethereum could close the gap between network usage and token price. Hoffman, meanwhile, acknowledged that Ethereum’s network may keep expanding through stablecoins, tokenization, and layer-2 activity. His concern is that only a limited share of that growth ends up benefiting ETH holders directly. Featured image from Trail Runner Magazine, chart from TradingView
30 May 2026, 02:16
NEAR’s 115% Spike Supported by AI Intents and Privacy
In the latest report, Grayscale’s researcher has shared factors behind the recent growth in the NEAR token’s value in May. In May, the cryptocurrency soared by around 115%, helping its value to climb above $2.37 with a market cap of $3.08 billion. The network has made major developments to support AI agent infrastructure, along with changes in its tokenomics. On May 29, Grayscale Investments released a report on NEAR Protocol, where it revealed factors behind the cryptocurrency’s strong performance this month, which are privacy and artificial intelligence. “The NEAR token had a strong showing in May as crypto markets began to recognize the project’s improved fundamentals. We expect Near to play a key role in AI agent commerce, which could drive more value to its native token,” it stated in the report . According to CoinMarketCap , NEAR has soared by more than 77% in the last 30 days. The cryptocurrency is currently trading at around $2.36 with a market capitalization of $3.06 billion. The daily trading volume has soared to around $866 million. What Grayscale Research Says About NEAR According to the official post, the NEAR token has soared by approximately 115% in May. Amid the bearish sentiment in the cryptocurrency market, the surge in NEAR token’s value is making it the best performing asset in the Grayscale Crypto Sectors framework in that particular time period. The NEAR blockchain network was rolled out in 2020, but its adoption has recently grown after major developments on the network. One of the major developments on the network is the latest product known as NEAR Intents. This product is working like an AI agent for transactions that are taking place on the blockchain. In this feature, users just need to give their inputs by sharing their “intents,” and after that, the feature will take all complex decisions behind the scenes. It was launched in 2025, and as of now, it has executed more than 25 million swaps with a cumulative value of around $20 billion. Apart from this, there is another major development for AI agents, which is known as IronClaw. It is a NEAR AI agent framework, which comes with confidential inference infrastructure. “AI agents need privacy tools as they are integrated more deeply into corporate workflows. To address this, Near has built IronClaw, an AI agent framework integrated with Near AI’s confidential inference infrastructure. This enables AI agents to securely execute tasks while ensuring that underlying data, credentials, and user activity remain private,” stated in the report. Grayscale’s report has also mentioned the change in NEAR Protocol’s tokenomics, which has improved the supply/demand balance for the cryptocurrency. In October 2025, the NEAR community made a decision to implement a plan to cut the network’s inflation rate from 5% to 2.5%. After that, in February 2026, NEAR made a major change in its revenue model. This helps the network to distribute the earnings in NEAR tokens. Grayscale stated in the report, “With these building blocks, Near is aiming to create the core infrastructure for agentic commerce—a platform that enables AI agents to seamlessly coordinate economic transactions while underlying users maintain ownership of their data, assets, and identity.” In the last few months, many blockchains have been preparing to boost the service linked with artificial intelligence, such as agentic payments .
30 May 2026, 02:03
SUI crashes 8 percent after 6 hour network outage
🚨 Sui Network froze for six hours, triggering an instant 8 percent slide in $SUI prices. All block production halted and users could not send transactions or use apps. 🧐 Critical point: This marks the third major Sui outage this year, raising questions over upgrade safety and validator coordination. Continue Reading: SUI crashes 8 percent after 6 hour network outage The post SUI crashes 8 percent after 6 hour network outage appeared first on COINTURK NEWS .
30 May 2026, 02:00
Anchorage Warns Bitcoin Yield Trade Could Cap Gains If BTC Rips Higher
Anchorage Digital says Bitcoin covered-call strategies can generate synthetic yield for BTC holders, but only when managed with strict discipline. The firm’s new research warns that selling upside on Bitcoin can cushion drawdowns in weaker markets, yet cap gains sharply when BTC enters one of its violent bull-market phases. The analysis, written by Anchorage Digital Head of Research David Lawant, examines systematic covered-call writing on Bitcoin using hourly simulations across the Deribit implied-volatility surface. Anchorage said the study includes more than 37,000 individual backtests across every possible entry point in its October 2021 to April 2026 dataset, making it one of the more detailed attempts to define where BTC options income works and where it breaks. Anchorage Puts Bitcoin Yield Strategy To The Test Anchorage argues that Bitcoin options have moved from a niche derivatives segment into an institutionally relevant market. Notional BTC options open interest has grown roughly ten-fold over the past five years, briefly rising above $100 billion at the end of 2025 before sitting around $60 billion in the study. That level, the paper notes, is above the open interest of the entire BTC futures market. Related Reading: Bitcoin’s Famous CME Gap Playbook May Be Nearing Its End IBIT options have also changed the structure of the market. Launched in late 2024, they have grown quickly enough to rival Deribit as a leading venue for BTC options open interest and trading activity. For Anchorage, that means the market institutions are evaluating today is deeper, more accessible and materially different from the one that existed 18 months earlier. The research centers on Bitcoin’s volatility risk premium. Anchorage compares 25-delta call implied volatility with subsequent realized upside volatility over the next 21 trading days for BTC, SPY and QQQ. BTC’s upside volatility risk premium, according to the paper, has averaged roughly two to three times what the equity benchmarks delivered, with the gap persisting for most of the post-2024 period. That premium is the attraction. Covered calls allow BTC holders to collect option income while keeping exposure to the underlying asset up to a defined strike. The cost is just as important: if Bitcoin rallies through the strike, upside participation is capped. Anchorage frames this as the central tension in the strategy, not a footnote. A simple 20-delta, 30-day covered-call strategy performed well in the most recent 12-month window tested. From April 30, 2025 to April 30, 2026, it generated a net yield of 5.5% on the underlying BTC position while spot BTC fell 19.4%. In Anchorage’s simulation, the overlay offset almost a third of the BTC drawdown. The blended portfolio’s annualized volatility also fell from 40.6% to 35.0%, while maximum drawdown improved from 49.7% to 44.5%. But the full-cycle results were much less flattering. When the same unfiltered strategy was extended across the entire October 2021 to April 2026 period, it produced a negative yield of 0.5%, or minus 0.1% annualized. That happened despite a favorable win/loss ratio of 4.38 to 1, with 57 winning trades against 13 losing ones. Anchorage describes the problem as “picking up pennies in front of a steamroller.” The steamroller is Bitcoin’s tendency to stage sustained, autocorrelated rallies. During the late 2021 cycle peak, the 2023–2024 move from roughly $16,000 to more than $70,000, and the 2025 bull market that briefly pushed BTC above $100,000, short calls were repeatedly overrun as spot moved through strike prices. That is why the paper argues covered-call writing is an “active management strategy,” not a passive yield overlay. The unfiltered version sold calls regardless of regime. The disciplined version waited for better conditions. Anchorage tested a filter requiring BTC’s trend not to be strongly bullish, based on a 10-day, 30-day and 50-day moving-average stack, and requiring implied volatility to sit above its 90-day rolling average. On exit, the model used a 75% take-profit threshold, a delta stop-loss and a two-day buffer before expiry to reduce gamma risk. Related Reading: Cathie Wood Doubles Down On $1.25 Million Bitcoin Target The results changed materially. With those simple regime and implied-volatility filters, the covered-call contribution rose to 23.7% over the full period, or 5.2% annualized. The blended portfolio Sharpe improved from 0.20 to 0.30, but the strategy was in the market only 44% of the time. Anchorage’s parameter work also narrows the viable range. Deltas below 10 were consistent but too thin for many institutional mandates. Above 25-delta, directional exposure overwhelmed the strategy during BTC bull markets. Seven-day and 14-day expiries were structurally disadvantaged because BTC’s intraday volatility created stop-loss events before theta decay could do enough work. The paper identifies the productive corridor as 10- to 25-delta calls with expiries of at least 21 days. The strongest evidence came from the rolling-window analysis. At the one-year horizon, positive-yield rates across the productive corridor ranged from roughly 55% to 85%, showing meaningful regime sensitivity. At the three-year horizon, eleven of twelve configurations produced positive yield in at least 91% of rolling windows, with five reaching 100%. Median annualized yields clustered between 4% and 6%. For BTC investors, the takeaway is not that covered calls are broken. It is that the strategy is highly path-dependent. In slow or falling markets, it can generate meaningful income. In powerful upside regimes, the same trade can leave holders watching Bitcoin rally while their upside has already been sold. At press time, BTC traded at $73,113. Featured image created with DALL.E, chart from TradingView.com
30 May 2026, 01:55
Ethereum whales now control 17.41 million ETH, 22 percent of supply
💼 Ethereum whales now hold 17.41 million ETH, equal to 22 percent of supply. During price drops, big investors have been buying more in $ETH. Continue Reading: Ethereum whales now control 17.41 million ETH, 22 percent of supply The post Ethereum whales now control 17.41 million ETH, 22 percent of supply appeared first on COINTURK NEWS .
30 May 2026, 01:00
Bitcoin Correction Pushes 580,000 BTC Into Loss Territory
Data shows the Bitcoin loss supply has risen to 8.33 million BTC as the recently-bought tokens have been pushed underwater by the drawdown. Bitcoin Total Supply In Loss Has Shot Up Recently In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Total Supply in Loss . This indicator measures, as its name suggests, the total amount of BTC that’s currently being held at some net unrealized loss. The metric works by going through the transaction history of each token in circulation to determine the price at which it was last involved in a transfer on the blockchain. If this last selling value was more than the latest spot price for any token, then that particular coin is assumed to be held at a loss right now. The Total Supply in Loss counts up all tokens fulfilling this condition. A counterpart indicator called the Total Supply in Profit takes care of the supply of the opposite type (that is, the coins with a cost basis lower than the current price). Now, here is the chart shared by Glassnode that shows the trend in the 7-hour simple moving average (SMA) of the Bitcoin Total Supply in Loss over the last couple of years: As displayed in the above graph, the Bitcoin Total Supply in Loss observed a decline during April and the first half of May as the cryptocurrency’s price enjoyed a recovery surge. At the asset’s top, the underwater supply shrank to levels below 7 million BTC. For comparison, the metric neared the 10 million mark following the crash in February. Some of the supply that had escaped the loss territory, however, are now back in the red as a result of the price drawdown that Bitcoin has faced in the second half of May. The cryptocurrency’s retrace to $76,600 had already taken the Total Supply in Loss to a value of 7.75 million BTC, and now, the latest leg down to $73,000 has meant that the indicator has further gone up to 8.33 million BTC. Naturally, the fact that a notable 580,000 BTC went into loss just because of this new drawdown implies that the $73,000 to $76,600 range saw the change of hands of a significant amount of supply. “This cohort adds to near-term sell pressure as holders reassess their positions into the correction,” noted the analytics firm. Currently, the network is still in a better state than it was in February, but it only remains to be seen whether that will be the case going forward. BTC Price At the time of writing, Bitcoin is trading around $73,200, down more than 5% over the past week.
