Tom Lee has slowed Bitmine ETH purchases after the firm amassed over 5.2 
million tokens and 4.3% of Ethereum&#8217;s supply. Bitmine Immersion Technologies 
(BMNR) bought 26,659 ETH last week worth roughly $63 million, sharply down 
from the more than 100,000…

Tom Lee slows Bitmine ETH accumulation

Ripple CTO Emeritus David Schwartz joined the XRP Ledger Foundation as an 
honorary board member, adding technical guidance from one of the ledger’s 
original architects. The role comes as the Foundation expands leadership 
across engineering, operations, and community work. XRP Ledger Foundation Adds 
Schwartz to Honorary Board Role The XRP Ledger Foundation announced on X […]

XRP Ledger Foundation Names Ripple’s David Schwartz Honorary Board Member

The latest Bitcoin (BTC) rally is already showing signs of losing momentum, 
and several analysts warn that a larger correction may be closer. 
AlejandroBTC—posting on X (formerly Twitter)—called the current price behavior 
“a dead cat bounce,” suggesting the recent rebound may be near its end and 
that Bitcoin could be set up for a much deeper drop. Bear Market Still In 
Play? In AlejandroBTC’s “most optimistic” framing, the move above $82,000 
could have actually marked the top for the cryptocurrency. If that scenario 
plays out, he warned it could trigger a major downturn. His estimate points to 
a potential 50% decline toward the $40,000 region. In his view, that area 
would not just be another dip, but potentially where a more durable “solid 
base” could form—effectively implying a market bottom could be built from 
there rather than continuing to spiral lower. Related Reading: Dogecoin Price 
Set To Hit $5 Amid New Influx From Smart Money? Another analyst, CryptoCon, 
offered a different way of thinking about where Bitcoin might be in its cycle. 
CryptoCon cited the average timeline for past bear markets, saying that based 
on the historical average of 391 days, the current bear market is estimated to 
be 55% complete. According to his calculation, the market is 216 days into the 
cycle. He added that the lowest drawdown point so far is around -52%, which he 
described as about 25% higher than the previous cycle’s low. Put plainly, 
CryptoCon argues that, if history is the guide, Bitcoin may not yet be near 
the typical drawdown levels many past bear markets eventually reached—and that 
means there’s still room for additional downside before the “usual” worst-case 
territory appears. Why This Week Could Mark ‘The Top For Bitcoin’ That bearish 
case was echoed by market expert CryptoRover, who suggested that this week 
“might be the top for Bitcoin.” Rover’s point was not only about current price 
behavior, but also about historical repetition. He pointed to examples from 
past years: the pattern played out in 2014, leading to a 65% crash; in 2018, 
leading to a 64% crash; and in 2022, leading to a 52% crash. Based on that 
track record, Rover implied there are reasons to think something similar could 
occur again. To support his view that risk may be rising as the cycle matures, 
CryptoRover also outlined three catalysts he says could contribute to downside 
if they align with the current timing. The first is an open interest (OI) 
spike. He said Bitcoin recorded the largest monthly OI spike of 2026, and that 
the same pattern appeared in altcoins as traders try to chase the latest 
momentum. In his framework, when OI rises this quickly, it can often be 
followed by a liquidation cascade—especially if prices reverse and heavily 
leveraged positions get forced out. Related Reading: Solana (SOL) Breakout 
Setup Strengthens As Bulls Regain Full Control The second factor is the 
likelihood of a new Federal Reserve (Fed) chair being confirmed this week. 
Rover claimed that every time a new Fed chair has been confirmed, Bitcoin has 
tended to drop. The third factor is stock euphoria. CryptoRover said equities 
have been “absolutely parabolic” recently and that a cooldown is likely. He 
pointed out that when stocks hit new all-time highs, Bitcoin and altcoins 
stayed well below their own highs. He concluded that if stocks undergo a 
correction, crypto—still lagging compared to the sector’s performance—could 
face increased pressure. Featured image created with OpenArt, chart from 
TradingView.com

Top Analyst Confirms The Bearish Target: Bitcoin Could Ease Down To $40,000

AI orchestration platforms like Maestro revolutionize enterprise efficiency by 
optimizing model deployment and cost management.
The post Ori Goshen: AI model selection optimized through meta models, Jamba&#8217;s architectural advancements enhance efficiency, and rising token costs shift enterprise strategies | TWIST appeared first on Crypto Briefing.

Ori Goshen: AI model selection optimized through meta models, Jamba’s architectural advancements enhance efficiency, and rising token costs shift enterprise strategies | TWIST

The public display of military power may escalate regional tensions, impacting 
global trade routes and diplomatic relations in the Middle East.
The post Pentagon reveals nuclear sub location amid US-Iran tension in Strait 
of Hormuz appeared first on Crypto Briefing.

Pentagon reveals nuclear sub location amid US-Iran tension in Strait of Hormuz

The heightened focus on hantavirus underscores the importance of monitoring 
zoonotic diseases and their potential for human transmission.
The post Polymarket prices 79% chance of confirmed hantavirus case by May 15 
appeared first on Crypto Briefing.

Tom Lee slows Bitmine ETH accumulation

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