David Hoffman says he sold ETH as the &#8220;ETH is money&#8221; thesis has played out, 
while staying bullish on Ethereum apps, L2s and stablecoin use.

David Hoffman says he sold ETH as the &#8220;ETH is money&#8221; thesis has played out, while staying bullish on Ethereum apps, L2s and stablecoin use.

Bankless co-founder sells ETH but stays bullish on Ethereum

I Squared Capital&#8217;s investment signals a significant shift towards AI 
infrastructure, potentially reshaping data center economics and tech 
innovation.
The post I Squared Capital buys $225M data center portfolio from Cogent Fiber, 
pledges $1B for AI infrastructure appeared first on Crypto Briefing.

I Squared Capital&#8217;s investment signals a significant shift towards AI infrastructure, potentially reshaping data center economics and tech innovation. The post I Squared Capital buys $225M data center portfolio from Cogent Fiber, pledges $1B for AI infrastructure appeared first on Crypto Briefing.

I Squared Capital buys $225M data center portfolio from Cogent Fiber, pledges $1B for AI infrastructure

Anthropic&#8217;s AI breach highlights the dual-use dilemma, raising concerns about 
cybersecurity dependencies and the ethics of advanced AI deployment.
The post Anthropic faces trust challenges as Mythos AI rollout begins appeared 
first on Crypto Briefing.

Anthropic&#8217;s AI breach highlights the dual-use dilemma, raising concerns about cybersecurity dependencies and the ethics of advanced AI deployment. The post Anthropic faces trust challenges as Mythos AI rollout begins appeared first on Crypto Briefing.

Anthropic faces trust challenges as Mythos AI rollout begins

Samsung&#8217;s new fund could accelerate innovation and job creation, enhancing its 
competitive edge in tech and expanding its global influence.
The post Samsung Electronics plans new fund to invest in ecosystem over five 
years appeared first on Crypto Briefing.

Samsung&#8217;s new fund could accelerate innovation and job creation, enhancing its competitive edge in tech and expanding its global influence. The post Samsung Electronics plans new fund to invest in ecosystem over five years appeared first on Crypto Briefing.

Samsung Electronics plans new fund to invest in ecosystem over five years

AI models will be able to transfer funds, swap tokens, check balances and 
review transaction history with a new tool from Base.

AI models will be able to transfer funds, swap tokens, check balances and review transaction history with a new tool from Base.

Base launches new tool to connect crypto wallets to AI agents

Ran Neuner says Bitcoin’s chart structure is starting to resemble the 
breakdown pattern that preceded the 2022 capitulation, with one key 
difference: this time, he argues, Michael Saylor’s Strategy may be the 
market’s most important marginal buyer. Speaking with Scott Melker in a May 24 
interview, Neuner said Bitcoin is sitting inside a “very scary structure,” 
pointing to what he described as a bear flag that has failed to resolve 
higher. His concern is not only technical. It is also tied to whether Strategy 
can keep raising capital through STRC, a preferred-stock instrument that 
Neuner believes has become central to Saylor’s ability to buy more Bitcoin. 
“If history repeats, right, then we should break down or could break down 
below this,” Neuner said, referring to Bitcoin’s current chart pattern. “I 
hate saying it because look, I don’t even want to admit it to myself, but I 
mean definitely it’s going down to the $40ks or $50ks if it happens.” The 
argument rests on a comparison with 2022. Neuner said Bitcoin previously 
dropped, formed a bear flag, retested the 200-day moving average, and then 
suffered a deeper leg lower after failing to reclaim the structure. He said 
the present setup looks like a “mirror image,” with Bitcoin again testing the 
bear-flag region and the 200-day moving average before rolling back into the 
range. Related Reading: Bitcoin Sell Pressure Rising? Binance Inflows Hit 
10-Day Streak But the sharper part of Neuner’s thesis concerns Strategy’s 
funding engine. He argued that Saylor’s recent Bitcoin purchases have depended 
heavily on STRC trading back toward $100 ahead of its ex-dividend date, 
allowing Strategy to issue shares, raise capital and deploy the proceeds into 
Bitcoin. The problem, in Neuner’s view, is that the window for that trade has 
been narrowing. “Last month in May, it only pegged at 100 on the 11th of May 
when the XD date was the 15th of May,” Neuner said. “Whereas in the previous 
months, it pegged on the 25th of the previous month. So it should have pegged, 
if it was going to keep the trend, on the 25th of April. It only pegged on the 
11th of May, right? Which meant that he only had four days to raise money.” 
Neuner said that matters because Bitcoin’s recent rallies appeared to line up 
with periods when Strategy had more time to raise capital and buy. If STRC 
spends fewer days near $100, he argued, the market may begin to discount the 
absence of its largest recurring buyer. Related Reading: Bitcoin Rally Faces 
Fresh Test As Demand Metric Hits 2026 Low “If we carry on like last month and 
we have another month where he can’t raise money, eventually the market’s 
going to start discounting the fact that Saylor is not in the market anymore 
on STRC,” Neuner said. “Your biggest buyer at the moment is not in the market 
anymore.” Melker pushed back on the idea that STRC would collapse without a 
major credit event, noting that the product is linked to Strategy and 
indirectly backed by its Bitcoin position. Neuner did not describe STRC as a 
Ponzi or suggest wrongdoing. His concern was more mechanical: he said he does 
not understand why the instrument must trade at $100 when holders still 
receive the dividend below that level. The discussion also widened into macro 
risks. Neuner cited rising Treasury yields, sticky inflation, oil prices, and 
the possibility that large SpaceX and OpenAI IPOs could drain liquidity from 
risk assets. He said Treasury yields and equities cannot both keep rising 
indefinitely, arguing that “one of them has to give.” At press time, Bitcoin 
traded at $77,033. Featured image created with DALL.E, chart from 
TradingView.com

Ran Neuner says Bitcoin’s chart structure is starting to resemble the breakdown pattern that preceded the 2022 capitulation, with one key difference: this time, he argues, Michael Saylor’s Strategy may be the market’s most important marginal buyer. Speaking with Scott Melker in a May 24 interview, Neuner said Bitcoin is sitting inside a “very scary &#8230;

Bankless co-founder sells ETH but stays bullish on Ethereum

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