hodler

18 May 2026, 15:16

'Attractive Opportunity': Tom Lee's BitMine Adds $151 Million in Ethereum Amid Price Dip

BitMine Immersion Technologies added $151 million in Ethereum amid last week's price slide, with Tom Lee citing the "attractive opportunity."

18 May 2026, 15:15

Bitmine’s Ethereum Hoard Surges Past 5.28 Million ETH as Company Nears 5% Supply Target

Bitmine Immersion Technologies announced that its Ethereum holdings have risen to 5.28 million ETH. This gives the company ownership of about 4.37% of Ethereum’s total circulating supply of 120.7 million ETH. The company said its combined crypto, cash, and “moonshot” holdings now total $12.6 billion as of May 17. Bitmine Closes In on ‘Alchemy of 5%’ Over the past week alone, Bitmine added 71,672 ETH, while its total staked Ethereum holdings reached 4,712,917 ETH, which is worth approximately $10.3 billion based on an ETH price of $2,191. The company said nearly 89% of its ETH treasury is now staked, generating annualized staking revenues of around $289 million, with a reported 7-day staking yield of 2.80%. In its latest press release, Bitmine revealed that it is now 87% of the way toward its long-term target of acquiring 5% of Ethereum’s total supply, a goal Chairman Tom Lee believes could be reached sometime in 2026. In addition to its ETH treasury, the company also holds 202 Bitcoin, $685 million in cash, a $200 million stake in Beast Industries, and an $83 million position in Eightco Holdings, which it described as one of the few publicly traded companies offering indirect exposure to OpenAI. Bitmine recently launched MAVAN, short for Made in America VAlidator Network, its institutional-grade Ethereum staking platform designed to support its treasury operations and eventually expand to custodians, institutional investors, and ecosystem partners. A portion of the company’s ETH is already staked through the platform. ETH Weakness Ethereum (ETH) briefly dropped to a low of $2,097 on Monday, its weakest level since April 7, as selling pressure continued across the crypto market. At press time, ETH was trading around $2,132, down nearly 3% over the past day. Reacting to the decline, Lee believes rising oil prices have been one of the main reasons behind the second-largest crypto asset’s recent weakness. On X, Lee explained that ETH’s inverse correlation with oil is now at its highest level ever, and added that Ethereum prices have moved lower during the past six weeks as oil climbed higher. As such, a reversal in oil prices could help ETH recover in the short term. Still, he said the recent slump does not change ETH’s broader outlook, which he believes remains supported by tokenization growth and increasing demand from agentic AI systems. He also views the recent pullback as an “attractive opportunity.” The post Bitmine’s Ethereum Hoard Surges Past 5.28 Million ETH as Company Nears 5% Supply Target appeared first on CryptoPotato .

18 May 2026, 15:15

Crypto Market Slides as Rate Cut Hopes Dim Under New Fed Leadership

BitcoinWorld Crypto Market Slides as Rate Cut Hopes Dim Under New Fed Leadership The cryptocurrency market, led by Bitcoin, experienced a notable decline this week as investor expectations for a near-term interest rate cut weakened under the new leadership of Federal Reserve Chairman Kevin Warsh. According to a post by financial commentator Walter Bloomberg on X, the shifting sentiment has triggered a broad sell-off across digital assets. Bitcoin Retreats From Recent Highs Bitcoin fell approximately 2% to around $76,660, retreating from a high of $82,000 reached just last week. The pullback has brought the $78,000 level into focus as a key support zone that traders are watching closely. The decline reflects a broader reassessment of monetary policy expectations in the wake of Warsh’s appointment and his initial public remarks signaling a more cautious approach to easing. ETF Inflows Slow Amid Policy Uncertainty Bloomberg also noted that inflows into spot Bitcoin exchange-traded funds (ETFs) have slowed considerably in recent days. After a strong run of net inflows that helped propel Bitcoin to its recent highs, the pace of new capital entering these products has tapered off as institutional investors adopt a wait-and-see posture. This shift underscores the market’s sensitivity to macroeconomic signals and central bank guidance. Market Pricing Points to Extended Tightening Data from the prediction market Kalshi indicates a 34.3% probability of a Federal Reserve rate cut before 2027. This low probability reinforces a “higher for longer” interest rate outlook, which tends to weigh on risk assets like cryptocurrencies. The market is now pricing in an extended period of restrictive monetary policy, reducing the liquidity-driven tailwinds that have historically supported crypto rallies. Implications for Crypto Investors The current environment presents a challenging backdrop for digital asset investors. With the Fed signaling patience on rate cuts, the opportunity cost of holding non-yielding assets like Bitcoin increases. Additionally, slowing ETF inflows suggest that the wave of institutional adoption may be pausing as funds reassess their exposure in light of the new policy trajectory. Analysts caution that a sustained break below the $78,000 support level could trigger further downside. Conclusion The cryptocurrency market’s decline reflects a recalibration of expectations around Federal Reserve policy under Chairman Kevin Warsh. With rate cuts appearing distant and ETF demand softening, Bitcoin and other digital assets face headwinds that could persist until clearer signals emerge from the central bank. Investors should monitor the $78,000 level closely and remain attuned to further commentary from Fed officials. FAQs Q1: Why did Bitcoin drop after reaching $82,000? Bitcoin fell as market expectations for a Federal Reserve rate cut diminished under new Chairman Kevin Warsh, reducing the appeal of risk assets like cryptocurrencies. Q2: What is the significance of the $78,000 level for Bitcoin? The $78,000 level is viewed as key support. A sustained break below it could signal further downside, while holding above it may indicate stabilization. Q3: How are spot Bitcoin ETFs reacting to the news? Inflows into spot Bitcoin ETFs have slowed significantly, suggesting that institutional investors are becoming more cautious amid the uncertain rate outlook. This post Crypto Market Slides as Rate Cut Hopes Dim Under New Fed Leadership first appeared on BitcoinWorld .

18 May 2026, 15:13

Vitalik Buterin says AI-verified code will boost ETH security

🚨 Vitalik Buterin sees a game changer in AI-verified code for $ETH security. Developers may soon detect vulnerabilities faster than hackers, thanks to AI. 🧠 Critical point: Full software security still cannot be completely guaranteed by AI alone. Continue Reading: Vitalik Buterin says AI-verified code will boost ETH security The post Vitalik Buterin says AI-verified code will boost ETH security appeared first on COINTURK NEWS .

18 May 2026, 15:07

Ex-OpenAI's Leopold Aschenbrenner bets big on crypto miners for his $13.6B AI play

Aschenbrenner is shorting Nvidia and AMD in favor of bitcoin miners that own the electricity and data centers needed to fuel the next phase of the AI boom.

18 May 2026, 15:06

Standard Chartered Absorbs Zodia Custody, Kraken Cuts 150 Jobs, Goldman Exits XRP and Solana ETFs

Crypto News Standard Chartered has agreed to absorb the regulated crypto custody business of its majority-owned subsidiary Zodia Custody, with shareholders accepting the bank's offer. The deal cons...