Friday, June 26

Crypto

Crypto-Backed Republican Candidate Wins Indiana Congressional Primary

A Republican US House of Representatives member running for reelection has won his party’s primary after crypto-affiliated groups contributed more than $500,000 in supportive media buys.Representative James Baird won Tuesday’s Republican primary for Indiana House District 4 with more than…

Hut 8 Stock Surges Over 30% Following .8B Deal

Investors appeared to disregard Hut 8’s reported first quarter 2026 net loss of more than $253 million on Wednesday, lifting the shares of the Bitcoin mining company by more than 33%.Hut 8 attributed the loss to a reduction in the…

Bitcoin Tops K As Altcoins Push Through Key Resistance Levels

Key points:Bitcoin is expected to face selling at $84,000, but a shallow pullback increases the likelihood of an upside breakout.Several major altcoins are showing strength at lower levels, but the bears are expected to pose substantial challenges at the resistance…

Ethereum Whales Accumulate Aggressively as ETH Price Rises to .4K

Ethereum accumulation addresses witnessed a surge in daily inflows on Wednesday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory following its latest rise to $2,400.Key takeaways:Accumulation addresses absorbed about $592 million in ETH on Wednesday, signalling aggressive long-term buying.Ether’s…

OpenTrade Raises  Million to Expand Stablecoin Yield Platform

OpenTrade, an institutional-grade platform for onchain and real-world asset (RWA)-backed lending and stablecoin yield products, has raised fresh capital to expand its yield infrastructure.The platform secured $17 million in its latest strategic funding round led by Mercury Fund and Notion…

Bubblemaps Flags Mystery Over 90-Wallet Launch Sniping Cluster

Blockchain analytics platform Bubblemaps said 90 newly funded wallets bought 90% of Mystery (MYSTERY) memecoin supply at launch, raising concerns about coordinated sniping.The wallets were all funded by wallet “0x544E,” which previously withdrew and distributed 20 Ether from crypto exchange…

Colombian President Proposes Building a Bitcoin Mining Hub

Colombia’s President Gustavo Petro said the nation’s Caribbean coast has the potential to become a Bitcoin mining hub, leveraging its surplus renewable energy to attract foreign investment and spur economic development.In a post on X on Tuesday, Petro said the…

A16z Raises .2B for New Crypto Fund

The crypto-focused arm of venture capital firm Andreessen Horowitz has raised $2.2 billion for its fifth fund dedicated to backing crypto projects.In a blog post on Tuesday, a16z Crypto said its latest fund, Crypto Fund 5, would back founders “turning…

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