Day: May 10, 2026

Will ETH Price Decline More in 2026?

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Ethereum’s native token, Ether (ETH), has fallen more than 35% against Bitcoin (BTC) over the past year, and the downtrend may still have further to go. Key takeaways: ETH may plunge another 40% as it mirrors the 2025 bear trend setup. Rising Ether reserves on Binance, even as Bitcoin reserves decline, add to the case for further ETH downside. ETH risks 40% decline after topping near multi-year trend line ETH/BTC remains stuck below a multi-year descending trend line that has capped every breakout attempt since 2022, including one that preceded…

Is The Altseason Upon Us Again?

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Following the recent uptick in altcoin prices, conversations about the potential start of an altseason are gaining significant momentum. Interestingly, recent on-chain data about the rising altcoin trading volume has added some weight to the altseason discussions. Altcoin Trading Volume Climbs Above Yearly Average In a recent Quicktake post on the CryptoQuant platform, CryptoOnchain revealed a critical change in the altcoin market. Citing the “CEX Volume Ratio: Others vs Top 5” metric, the market analyst explained that the altcoin trading volume has been in an uptrend lately.  The “CEX Volume…

Stablecoin Market Adds $2 Billion in 7 Days as USDT Holds Near $190 Billion – Bitcoin News

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Key Takeaways Tether’s USDT hit $189.63B on May 10, keeping 58.76% control of the stablecoin market. Circle’s USDC added $1.61B in 7 days, signaling renewed demand for dollar-backed crypto. USDG jumped 11.89% to $2.658B, putting newer stablecoins back in the spotlight. Stablecoin Market Starts Swelling Again As of this weekend, tether ( USDT) remains the unquestioned heavyweight of the sector, holding a towering $189.63 billion market valuation; the asset posted a mild 0.05% increase over the past week. USDT’s share of the $322.74 billion stablecoin market now stands at 58.76%,…

Bitcoin Due One More Dip Before BTC Price Uptrend Continues, Traders Agree

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Bitcoin (BTC) eyed $81,000 into Sunday’s weekly close as traders saw a fresh support retest next. Key points: Bitcoin preserves $80,000 over the weekend, but traders are waiting for a dip to retest a familiar chart feature. Continuation higher remains the overall consensus for what happens afterward. US CPI data is due out, with Bitcoin already “pricing in” the result. Bitcoin traders: Sub-$80,000 retest next Data from TradingView showed BTC price action trending higher after a mostly flat weekend, avoiding a return below $80,000. BTC/USD one-hour chart. Source: Cointelegraph/TradingView After…

Saylor Posts ‘Back to Work’ Signal as Strategy Eyes More Bitcoin After One-Week Pause – Bitcoin News

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Key Takeaways Saylor posted “Back to work. BTC” on May 10, signaling Strategy’s return to bitcoin accumulation after a one-week pause. Strategy holds 818,334 BTC worth ~$66.15 billion, with a +7.02% unrealized gain as of May 10, 2026. Saylor said Strategy may sell 1 BTC to fund STRC dividends while buying 10 to 20 more. Strategy Flips Switch to Accumulation Mode The social media post came alongside a chart showing Strategy, formerly known as Microstrategy, holding 818,334 BTC valued at approximately $66.15 billion. The company’s average purchase cost sits near…

Phong Le says Strategy is more than a Bitcoin balance sheet

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Strategy CEO Phong Le said the company’s success rests on more than the Bitcoin held on its balance sheet.  Summary Strategy said Q1 revenue rose 11.9% year over year to $124.3 million. Phong Le said cloud revenue grew 59% during the company’s strongest software quarter in years. Strategy’s Bitcoin model faces scrutiny as debt and losses mount. In a post on X, he argued that Strategy’s enterprise software business remains a core part of the company’s long-term model. Le said the software unit gives Strategy engineers, cloud teams, enterprise customers,…

Who Owns Bitcoin?! 🤔

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, Dan Peña says that Bitcoin will go to zero!! – Full Clip: Special Thanks To Michael Pilarczyk For This Amazing Interview! – Subscribe and become a part of our family for more such videos on a daily basis ✨ – #shorts #short ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Bitcoin watches Iran response as CPI week begins

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Global markets are entering a major week filled with inflation reports, geopolitical developments, and central macroeconomic data. Summary Iran responded to a US proposal while rejecting claims of surrender during ongoing diplomatic discussions. Markets now focus on CPI, PPI, retail sales, and industrial production data this week. Bitcoin traders are watching macro volatility as BTC remains near major psychological levels recently. Traders are closely watching new comments from Iran alongside upcoming U.S. economic releases. The Kobeissi Letter reported that Iran sent a response to a U.S. proposal through Pakistani mediators.…

Digital Asset Holdings Targets $300M in Latest Capital Raise

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Digital Asset Holdings, the enterprise blockchain company behind the Canton Network, a permissioned blockchain network for financial institutions with privacy features, is reportedly raising fresh capital at a $2 billion valuation. The $300 million round is being led by venture capital firm a16z crypto, and is expected to close in several weeks, according to Bloomberg, which cited unidentified people with knowledge of the deal. The report comes less than a year after Digital Asset announced it had raised $135 million in a strategic funding round led by DRW Venture Capital…