Bitcoin’s bearish momentum hit hardest on the technical charts, with the cryptocurrency breaking below all major exponential moving averages by early Monday. Trading around $76,750, it sat well beneath the 20-hour EMA at $77,580, the 50-hour at $78,120, the 100-hour at $78,767, and the 200-hour at $79,350. MACD indicators reinforced the downside pressure, with the …
Continue reading “Trump’s Iran Warning Sends Bitcoin Tumbling Below $77K In Risk-Off Shock”
Kevin Warsh is set to be sworn in as the next chair of the US Federal Reserve Board of Governors on Friday amid speculation about whether he’ll do what US President Donald Trump hopes he does: Lower interest rates once in office. On Wednesday, the US Senate voted largely along party lines to confirm Warsh …
Continue reading “Odds against rate cuts high as new US Fed chair set for swearing in”
Galaxy Digital, a crypto-focused financial services company led by Mike Novogratz, has received a BitLicense and Money Transmission License from the New York State Department of Financial Services (NYDFS), allowing it to expand regulated digital asset services to institutional clients in the state. The company said Monday that the approvals were granted to its subsidiary, …
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Digital infrastructure company Soluna Holdings reported strong first-quarter revenue growth as expanding data center operations helped offset weaker returns from cryptocurrency mining. Revenue rose 58% from a year earlier to $9.4 million and increased 2% from the previous quarter, according to the company’s earnings report released Monday. It was Soluna’s fourth-consecutive quarter of sequential revenue …
Continue reading “Soluna revenue jumps 58% as hosting business offsets weaker Bitcoin mining”
Key takeaways: Aggressive Bitcoin buying by Strategy helped to offset the recent leveraged long liquidations. Rising bond yields and a heavy US government debt burden are driving investors toward scarce assets. A potential deal between the US and Iran could quickly restore traders’ risk appetite. Bitcoin (BTC) faced a rejection following a failed attempt to …
Bitcoin (BTC) retail investor activity on Binance has fallen to its lowest level in history. Retail BTC inflows on Binance now average near 314 BTC per month in 2026, down sharply from the 1,200 BTC range recorded in March 2024. Bitcoin’s recovery in May also slowed as spot inflows on Binance weakened, with the 30-day …
Continue reading “Binance Retail Investor Bitcoin Inflows Drop By 73%, What’s Next for BTC?”
Bitcoin (BTC) lost its hold on the $80,000 level over the weekend, and data suggest that the cryptocurrency needs to trade above the $74,000-$75,000 range, as it has repeatedly served as key support over the last two years. Crypto analyst Ardi said the next retest of the $74,000-$75,000 range could become the most important support …
Continue reading “Bitcoin’s trend defining battle starts at the $74K support: Analyst”
Key points: Bitcoin has pulled back to the $76,000 level, a crucial near-term support level to watch. Several major altcoins have broken below their near-term support levels, indicating that the bulls have given up. Bitcoin (BTC) came under pressure on Monday after US President Donald Trump warned Iran that the “clock is ticking” and they …
Continue reading “Price predictions 5/18: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA”
Minnesota-based banking institutions and credit unions are set to offer some crypto custody services beginning in August. On Friday, Governor Tim Walz signed House File (HF) 3709 into law, permitting “certain virtual-currency custody services to be offered and performed” by financial institutions in the US state. One of the original sponsors in the Minnesota House …
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Cryptocurrency investment products posted heavy outflows last week as investors reduced risk amid inflation fears and uncertainty over a lasting ceasefire between the United States and Iran. According to CoinShares’ latest weekly report, digital asset exchange-traded products (ETPs) recorded $1.07 billion in net outflows, ending a six-week streak of inflows. It marked the third-largest weekly …
Continue reading “Crypto funds see $1B in outflows as Iran tensions revive risk-off sentiment”
Ether (ETH) dropped sharply after rejection at $2,400 last week, dropping as low as $2,100 on Monday, indicating that bears are back “in control,” according to new analysis. Key takeaways: Ether drops 12% after rejection at $2,400 as bears regain control. Binance sell pressure and ETF outflows signal weak ETH demand. Analysts warn ETH/USD could fall …
Continue reading “Ethereum traders say bears ‘in control’ after ETH price drop to $2K”
Hyperliquid DEX’s native token, HYPE, is showing potential for a 55% rally after a wallet reportedly tied to Silicon Valley-based venture capitalist, a16z, accumulated $90.87 million worth of tokens in just over a month. Key takeaways: HYPE’s three-day chart shows a potential cup-and-handle breakout, with the neckline sitting near $45–$47. ETF launch, Coinbase-Circle USDC roles, …
The Bank of England on Monday proposed extending operating hours for its core settlement infrastructure toward near-24/7 availability, part of a broader push with the Financial Conduct Authority (FCA) to prepare UK wholesale markets for tokenized finance. The proposal seeks to add weekend and extended daily operating hours to the central bank’s settlement mechanism, Real-Time …
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A Canadian man accused of overstaying his visa in the US has been charged in an alleged cryptocurrency fraud scheme that authorities say stole more than $13 million from victims by impersonating crypto support agents. According to the U.S. Attorney’s Office for the Southern District of Florida, 19-year-old Trenton Richard David Johnston allegedly posed as …
EUR 1 billion note programme planned for 2026 following completion of global issuance infrastructure by the end of Q3 2026. STOCKHOLM & RIGA — May 14, 2026 — Deploi, the institutional infrastructure layer for digital private credit, today announced the launch of its direct issuance framework on Polygon, following ISIN allocations from Nasdaq CSD for …
