Foxy (FOXY/IDR) Price Today
Bitcoin rally may be a short squeeze, not a strong breakout, warns Wintermute.
Market maker Wintermute warns that Bitcoin's recent price rise near $81,000 looks driven by a short squeeze rather than strong spot demand or a genuine breakout. The rally is fueled by traders covering losing short positions and leverage, not broad b...

U.S. semiconductor stocks rally as investors favor AI and tech amid shifting inflation outlooks.
U.S. semiconductor stocks, including Micron, ON Semiconductor, and NXP Semiconductors, saw significant gains on May 13 as investors rotated back into high-growth technology sectors driven by positive macroeconomic data and shifting inflation expectat...

67 million Americans hold crypto, Ripple urges clear rules ahead of CLARITY Act markup
Ripple's Chief Legal Officer Stuart Alderoty highlighted that 67 million Americans now hold cryptocurrency, emphasizing their political influence ahead of the CLARITY Act markup. Ripple supports the bill, viewing it as essential for regulatory clarit...

Bitcoin ETFs gained $220M on May 12, pushing monthly inflows near $1B amid strong institutional demand.
On May 12, Bitcoin ETFs saw inflows exceeding $220 million, contributing to nearly $1 billion in total inflows for the month. This robust activity highlights sustained institutional interest in Bitcoin investment products. Additionally, Hyperliquid r...

KULR deposits 300 BTC to Coinbase Prime amid $18M unrealized losses, signaling possible bitcoin sell-off.
KULR Technology Group moved 300 BTC worth about $24.36 million into Coinbase Prime, suggesting a potential bitcoin sale. The company holds 1,021 BTC bought at an average of $98,627, currently facing around $17.8 million in unrealized losses as bitcoi...

Stablecoins gain mainstream use as Coinbase leads USDC growth amid new regulations
Stablecoins are increasingly integrated into mainstream financial systems, with usage expanding rapidly in late 2025 and early 2026. The CLARITY Act helps clarify regulatory distinctions between payment stablecoins and yield-bearing crypto products, ...

Toncoin hits $2.90, causing $29M in short liquidations, but risks a bigger pullback ahead.
Toncoin surged to a high of $2.90 on May 7, triggering the liquidation of nearly $29 million in short positions within 48 hours. This sharp move indicates strong volatility and potential short-term profit-taking. However, the rejection at $2.90 sugge...

Strategy's STRC preferred stock drives mid-month Bitcoin buying pressure, boosting BTC holdings to 818,869 coins.
Strategy's perpetual preferred stock (STRC) is influencing mid-month Bitcoin liquidity by creating predictable buying pressure. The structure pays dividends monthly with an ex-dividend date around the 15th, prompting Strategy to issue shares and buy ...

Metaplanet posts $725M Q1 loss due to Bitcoin writedown despite strong revenue growth.
Japan's Metaplanet reported a net loss of $725.6 million in Q1 2026, mainly from a $737 million non-cash Bitcoin valuation loss as BTC prices dropped 24%. However, the company saw a 251% revenue increase to $19.5 million and a 283% rise in operating ...

Consensys delays IPO to fall amid weak crypto market conditions
Consensys, the Ethereum app builder behind MetaMask, has postponed its planned U.S. IPO until at least fall 2026 due to poor market conditions. The company had aimed to file its draft registration with the SEC by February but delayed amid a crypto ma...
