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Analysts debate whether Bitcoin is in a ‘sell in May’ bear market setup

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Some analysts argue that a comparatively broadened, institutionalized buyer base for crypto today may prevent a repeat of the drawdowns seen in May 2018 and May 2022.

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Coin Market

Reports suggest Iran is mulling Hormuz ‘insurance’ scheme, paid in Bitcoin

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Screenshots of a website called “Hormuz Safe” have been circulating on social media, which offers “digital insurance” for ships passing through the Strait of Hormuz.

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Coin Market

Surging oil prices have been driving Ether selling pressure: Tom Lee

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Fundstrat’s Tom Lee pointed out an inverse correlation between crude and Ether as oil surged back to around $110 on Monday.

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Coin Market

Senate crypto bill at risk beyond midterms if not passed by August: NYDIG

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NYDIG’s Greg Cipolaro says the Senate’s crypto market structure bill is at risk of failing if it cannot clear a floor vote by August.

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