🚨 Web3 Unfiltered: Daily Headlines That Matter

News

📢 Coinbase Stock Rebounds 7% Amid Cyberattack and SEC Probe

The world’s largest publicly listed crypto exchange, Coinbase, has been rocked by a damaging cyberattack and continued investigation from its SEC lawsuit just days before its S&P 500 debut. The back-to-back setbacks led to a drop in the Coinbase stock price on May 15, but the stock has rebounded in May 16’s trading session.

💊 Basel Medical Group to Acquire $1 Billion BTC for Bitcoin Treasury

Basel Medical Group Ltd (Nasdaq: BMGL) has entered exclusive negotiations for a $1 billion acquisition of Bitcoin (BTC), marking a major shift in its financial strategy. The move will reshape the company’s treasury reserves while continuing its focus on healthcare expansion across Asia.

Markets

🚀 BTC Price Poised for Breakout as Volatility Hits 10-Month Low—Here’s What’s Next

Low Implied volatility, critical golden cross signal, ETF inflows and Fed rate cut bets suggest BTC price could rally to new highs. Here’s what investors can expect from Bitcoin.

🔮 Analyst Who Called $2,700 For Ethereum Price Now Forecasts Drop to $2,100 Before ATHs

After nailing Ethereum’s (ETH) exact price target, RektProof reveals why a short-term correction could set the stage for a run to $4,000—and the key levels traders must watch.