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Ethereum Foundation closes third OTC sale, moves 10,000 ETH to BitMine

The Ethereum Foundation has completed a third over-the-counter sale of ETH to BitMine Immersion Technologies, offloading 10,000 ETH at an average of $2,292 per coin — roughly $22.9 million. The move continues a pattern of regular Foundation exits into a single counterparty, with the latest transaction following a similar 10,000 ETH sale completed just a week earlier at $2,387 per ETH. In total, the Foundation has moved about $47 million worth of ETH to BitMine over the past week, according to an official post on X. The Foundation said the proceeds will support its core operations and activities, including protocol research and development, ecosystem development, and community grant funding. The disclosure comes after the Foundation unstaked 17,035 ETH last week, worth about $40 million, a move that appears to undercut a previously stated target of reaching 70,000 ETH staked. The evolution of the Foundation’s treasury activities has kept market observers watching how the ETH reserve is ...
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Analyst: Bitcoin can reclaim $100K without a new narrative

Bitcoin has stalled below the $100,000 threshold, marking a run of almost five months without a breakout above that level. As of the latest market close, BTC hovered around $78,250 after a February nadir of about $60,000, underscoring a slow, grinding recovery amid broader market dynamics. In parallel, tech markets—especially AI-focused equities—have captured the spotlight, with investors rotating capital away from crypto in search of different risk-reward profiles. Nvidia (NVDA), the leading AI stock by market cap, has gained about 5.08% since the start of the year, while Bitcoin has faced a roughly 10% dip over the same period, illustrating a diverging performance within risk assets. MN Trading Capital founder Michael van de Poppe suggested that Bitcoin may not require a fresh narrative to push back above $100,000. In a post on X, he asked what narrative would drive BTC to the milestone and concluded that “price moves upwards, and the narrative will create itself.” He continued that ...
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Gency AI lands $20M for sovereign ads network via blockchain consensus

Gency AI, a San Francisco-based AI and blockchain infrastructure company, announced a $20 million funding round on March 17, 2026. The round includes participation from YZC Capital, MTmetaworld Holdings, Riverpark, ArkStream, MH Ventures, ViaBTC, and Basics Capital. The capital will be used to scale Gency AI’s decentralized advertising execution and settlement network, strengthen its privacy-preserving computing stack, and accelerate product deployment and ecosystem partnerships across North America, Asia, and Europe. Key takeaways Gency AI raises $20 million to build and scale a decentralized advertising network anchored in verifiable on-chain data and privacy-preserving computing. Investors include YZC Capital, MTmetaworld Holdings, Riverpark, ArkStream, MH Ventures, ViaBTC, and Basics Capital, signaling appetite for verifiable, cross-border ad tech infrastructure. The project aims to shift ad tech from centralized platform trust to protocol trust through on-chain credentials a...
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CLARITY Act finalizes stablecoin yield rules, crypto bill advances

The U.S. CLARITY Act appears poised to clear a major hurdle as lawmakers publish the final text addressing stablecoin yields. Coinbase chief legal officer Faryar Shirzad welcomed the development, saying it moves the industry closer to regulatory clarity after Senators Thom Tillis and Angela Alsobrooks released the last version aimed at settling a long-running dispute over whether stablecoin yields could undermine the competitiveness of the banking system. In a post on X, Shirzad declared, “It’s time to get CLARITY done.” He noted that while banks won added restrictions on rewards, the measure preserves Americans’ ability to earn rewards tied to real usage of crypto platforms and networks. The draft text is framed around the SEC’s 404 provision, titled “Prohibiting interest and yield on payment stablecoins,” which would bar crypto firms from paying any form of interest or yield to holders of stablecoins simply for holding them. Key takeaways The final CLARITY Act text targets stablecoin...
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Clarity Act Finalizes Stablecoin Yield Rules, Crypto Bill Nears

The US CLARITY Act has advanced toward enactment as the final text addressing stablecoin yields has been published, signaling a potential turning point in a long-running regulatory dispute between the banking sector and the crypto industry. The provisions are designed to deliver regulatory clarity while balancing competitive concerns with consumer incentives. According to Cointelegraph, Coinbase chief legal officer Faryar Shirzad urged lawmakers to “get CLARITY done” after Senators Thom Tillis and Angela Alsobrooks released the final language outlining how stablecoins may or may not accrue rewards. Shirzad said the framework preserves the core ability for Americans to earn rewards that reflect real usage of crypto platforms and networks, while the negotiations secured tighter restrictions on yield-bearing features that could undermine traditional banking models. The draft text, titled “SEC 404. Prohibiting interest and yield on payment stablecoins,” would bar crypto firms from paying a...
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May 1 Price Outlook: BTC, ETH, XRP Lead Diverse Crypto Forecasts

Bitcoin has resumed its ascent, trading above the $78,000 level and extending its April rally, supported in part by notable inflows into U.S. spot BTC exchange-traded funds. According to CoinGlass data, BTC climbed higher as April delivered an 11.87% gain, a move that was underpinned by SoSoValue data showing about $1.97 billion in spot BTC ETF inflows for the month. Despite the move, market skeptics point to a potential test around the $80,000 mark, a level that many traders say must flip into support to confirm that bulls are in control. CryptoQuant, meanwhile, cautions that the April rebound appears to have been driven largely by futures traders, with spot demand softer, suggesting the marginal buyer may have been speculative rather than fundamental. The mounting tension around key levels adds up to a simple reality for traders: a sustained move above $80,000 could unlock a path toward the mid-$80,000s, but failure to hold could invite a deeper correction toward recent moving-averag...
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Three Bitcoin Metrics Signal Imminent Rally to $80K

Bitcoin’s momentum continues to build as it tests a critical price zone near the $80,000 mark, supported by a confluence of technical signals and persistent demand from spot, futures, and institutional players. Fresh data indicate a renewed willingness among buyers and traders to accumulate, even as the market remains below the psychologically important threshold. According to monitoring across market-data providers, BTC rose roughly 2.5% to about $78,800, rebounding after a test of the 100-day exponential moving average (100-day EMA) and maintaining the near-term uptrend. The move comes with stronger spot buying and a visible shift in positioning across the futures market. The spot cumulative volume delta (CVD), a measure of net buying versus selling, climbed to 11,500 BTC—the highest seen since mid-February—suggesting buyers are stepping in to absorb supply during recent dips. In parallel, futures activity showed resilience: open interest rose about 6.6% to 257,000 BTC over the last ...
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