Search results for Nick Puckrin
Finance
Polymarket prices 73% chance Strait of Hormuz returns to normal shipping by end-May 2026
Polymarket prices a 73% chance that the Strait of Hormuz will return to normal passage by May 31, 2026. The odds jumped after reports that Iranian authorities temporarily opened the strait as part of a ceasefire agreement, before easing from an intraday peak. The impact of the Iran war spread across markets, shaking energy and crypto prices. Bitcoin rose to $78,000 before slipping back.
Crypto
Bitcoin could it go to 0 dollars? \'Zero\' searches surge amid extreme fear
Online searches about bitcoin going to zero have surged as bitcoin falls about 47 percent from its Oct. 6, 2025 record high of $126,080, stoking renewed anxiety in the crypto market. Google Trends showed interest in the phrase hit 100 in February 2026, the highest in years. The Crypto Fear and Greed Index stands at 11 after dropping to 5 earlier this month. Coin Bureau co-founder Nick Puckrin questioned short-term gains from buying in extreme fear.
Crypto
BitMine surpasses 1 million ETH staked
BitMine Immersion Technologies has added $180 million worth of Ethereum to staking, pushing its total staked ETH above 1 million, Cointelegraph reported on Saturday. The staking was carried out in four tranches, bringing the total to more than 1.01 million ETH. BitMine holds more than 4 million ETH. Analyst Nick Puckrin said BitMine has staked about $3.3 billion worth of ETH, generating about $94.4 million a year at a 2.81 percent yield. Cointelegraph also reported BitMine shares trade more than 80 percent below a record high of $161 reached in July 2025.