Bitmine Immersion Technologies, led by Tom Lee, said it is reducing its weekly Ethereum accumulation pace while still targeting ownership of 5% of the market by December. The company reported holdings of 5,206,790 ETH valued at $11.89 billion, with an average entry price of $2,366 per ETH, representing 4.31% of total supply. It also staked 4,712,917 ETH and estimated annual staking rewards of $352 million as ETH traded at $2,292.56, down 1.78% over the past 24 hours.

Spot Bitcoin ETFs opened May with large inflows, then turned negative as May 7 logged $268.5 million in net outflows while BTC traded around $80K. BTC rose from near $76,000 on May 1 to about $82,000 on May 6 even as ETF flows weakened. Exchange outflows and higher network activity helped support price resilience during the outflow stretch.

From March 30 through April 2, spot crypto ETFs swung between inflows and outflows across BTC, ETH, SOL, and XRP products. Spot Bitcoin ETFs moved from +$69.4M and +$117.5M inflows to -$173.7M outflows, then back to +$9M, while prices ranged from $65,000 to $66,937.05. Ethereum, Solana, and XRP ETFs also showed uneven demand, alongside largely flat-to-volatile token prices.

Franklin Templeton has launched Franklin Crypto, positioning it as an institutional-grade crypto investment management platform and outlining plans to use tokenized registered securities for settlement. The firm also plans to acquire 250 Digital and its liquid cryptocurrency strategies managed by CoinFund, with the deal expected to close by Q2 2026.

Sen. Cynthia Lummis called the Digital Asset Market Clarity Act of 2025 the "best thing that could happen to the DeFi community," arguing it could bring legal certainty for developers, validators, and node operators. Yet Polymarket pricing still reflects hesitation, with odds at 49% at the time of writing. Separately, Better Money Company says it plans a "stablecoin clearinghouse" as stablecoin transaction volume reached $72.3 trillion over the last 12 months.

Bitcoin has moved back above $71,500, but on-chain activity suggests a battle between selling and longer-term accumulation. Arkham data shows Bhutan’s government sent over 500 BTC to market, while BlackRock withdrew more than 2,200 BTC from exchanges as BTC held near $71K and watched $71,200 support and $72,500 resistance.

NovaBay Pharmaceuticals said it will exit biotech and rebrand as Stablecoin Development Corporation (SDEV) effective April 3, 2026, after which its stock rose 18%. The company said it has raised $134 million from investors including Tether and Framework Ventures and holds over 2.06 billion SKY tokens to pursue returns via blockchain protocols, while Deloitte Canada separately partnered with Stablecorp to build financial systems using QCAD.

On March 23, U.S. President Donald Trump said progress in secret talks led him to declare a five-day pause on any action targeting Iran’s infrastructure, pushing oil from about $113 down to near $100. Crypto prices turned higher as total market value rose around 3.4% to roughly $2.43 trillion, while Bitcoin rebounded to about $70,800 after dipping near $67,000.

Gold's traditional safe-haven status is being questioned during the 2026 West Asia crisis, after Gold and Silver reportedly shed nearly $2 trillion in value while U.S. bond yields climbed. Over the same five-day stretch, Bitcoin (BTC) gained about 7% as Gold fell 15%, with commentary suggesting liquidity needs and 24/7 crypto trading may be shaping the moves. Bitcoin was later seen near $70,000 with over a 2% rise, while Gold slipped by more than 2%, keeping the community split on whether this is a temporary shift or a broader change.