Galaxy, Sharplink bet $125 mln on Ethereum as on-chain yield demand grows
With such moves, will Ethereum’s expanding staking economy lessen pressure from the sell-side in the long run?
With such moves, will Ethereum’s expanding staking economy lessen pressure from the sell-side in the long run?
JUP whales accumulate over 10.32M tokens as traders defend a key breakout support despite volatility.

Following a period of speculation-driven surges, bitcoin (BTC) appears to be rallying due to spot demand. Within a short time, spot demand metrics have shifted from contraction to growth. This development comes as the crypto market digests U.S. economic data.
According to the latest Bitfinex Alpha report, the ongoing bitcoin breakout reflects a widening gap between historical information about the U.S. economy and rapidly deteriorating sentiment evident in consumer data. This macro dynamic is significantly affecting risk assets like BTC and driving their prices higher.
Since the beginning of April, the crypto market capitalization has risen by $200 billion, following a 12% BTC rally that led to the strongest monthly performance in a year. By early May, BTC had broken above $80,000 – a level not touched since January 31. The move cleared the $78,000–$79,000, which had a dense overhead supply zone. Although the digital asset traded around $80,900 at the time of writing, the rally pushed it close to $83,000.
Bitfinex analysts have stated that the move marked a structural improvement and shifted BTC above a major aggregate cost-basis level near $79,800. This price doubles as the True Market Mean, which BTC has now reclaimed.
The most interesting part of this rally is that it was driven by aggressive spot demand. CryptoPotato reported last week that the market was not positioned for a surge above $80,000 due to weak demand.
On-chain data shows that spot Cumulative Volume Delta (CVD) rose sharply after May 8, reflecting buyers absorbing supply at premium levels. Additionally, order books moved from bid-skewed to more neutral. Spot demand has stemmed from exchange-traded funds (ETFs) and from open-market accumulation.
As of two weeks ago, Michael Saylor’s Strategy was also a major driver of spot demand. However, there is less momentum from the company’s end because the purchases have been linked to the yield-bearing product, STRC. Unfortunately, the stock has not traded at or above its $100 par value, which is a threshold required for Strategy to purchase more BTC. In fact, the business intelligence entity is even looking to sell some of its bitcoins.
Nevertheless, conviction buyers, who are entities that accumulate BTC and rarely sell regardless of price, have increased their holdings. Analysts say they currently hold roughly 4 million BTC, following their largest surge since the COVID-19 crash. Historical data show that such growth from this cohort often precedes major price recoveries.
The post Bitcoin Rallies on Aggressive Spot Demand as Market Absorbs U.S. Economic Data: Bitfinex appeared first on CryptoPotato.
Spotify’s new feature looks back at your music history, from your first song and all-time favorite artist to a 120-track playlist of the songs you played the most.
Coordinated liquidity management increasingly defines DeFi resilience during market disruptions.
The constant reliance on smartphones and wearable tech has reset expectations for daily life. Battery anxiety, when a low power warning appears during a commute, a meeting, or while using navigation, has become a common experience. Early versions of the portable charger were often bulky, slow, and inconvenient to carry. Over time, the power bank has […]
After a series of foreign policy setbacks – from unsuccessful peace talks with Iran to the defeat of Viktor Orbán– U.S. Vice President J.D. Vance appears to have overlooked a potentially pivotal diplomatic moment – an upcoming meeting between Donald Trump and Xi Jinping that could reshape U.S.-China relations and carry implications beyond the Asia-Pacific, […]
The post Why Has J.D. Vance Been Quiet about China? appeared first on Modern Diplomacy.
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The Ultimate Guide to Stress-Free Mornings: Why the ‘Prep-and-Go’ Hack Works
The alarm blares, jolting you from a peaceful slumber. Before you’ve even had a chance to fully wake up, a wave of anxiety washes over you as you contemplate the chaotic rush that awaits. This daily struggle is a common pain point, stealing precious minutes and leaving you feeling frazzled before your day has truly begun. But what if there was a simple, yet incredibly effective, way to transform your mornings?
Enter the Prep-and-Go hack**—your secret weapon for reclaiming your mornings and setting a positive tone for the rest of your day.
The Step-by-Step Guide to Morning Serenity
The ‘Prep-and-Go’ hack is deceptively simple, focusing on strategic preparation the night before to eliminate morning decision fatigue. Here’s how to implement it:
Step 1: Visualize Your Morning Needs
Take a few minutes each evening to mentally walk through your morning. What do you absolutely need before leaving the house? This includes essentials like keys, wallet, phone, work ID, and any necessary medications.
Step 2: Designate a “Launch Pad
Identify a specific, highly visible spot near your main exit door. This will be your Launch Pad. It could be a console table, a designated shelf, or even a stylish basket.
Step 3: Gather and Stage
As you wind down for the evening, begin gathering the items identified in Step 1. Place them directly onto your Launch Pad:
Keys and Wallet: Place them in a specific tray.
Work/School Bag: Pack everything you need (laptop, chargers, notebooks).
MARA is aggressively betting on AI and power generation to avoid potential trouble for miners after 2028 BTC halving
Robotics already has applications in many industries, from manufacturing to healthcare. That is to say, this futuristic technology has been deployed and proven its capabilities; what comes next is the socioeconomic response. In the same way that the early internet and smartphone technology were normalized in local and international culture, such a level of transformation […]