Day: May 27, 2026

Bitcoin price holds $75K as ETF demand weakens

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Bitcoin price hovered near the $75,000 zone on Wednesday as volatility cooled and traders watched whether the latest support area could hold. Summary Bitcoin price trades near $75K as lower volatility and weak spot demand limit buyer conviction. BTC faces pressure from Bitcoin ETF outflows and signs of lower institutional exposure in spot funds. Traders are watching $74,662 support, with $76,327 acting as the first recovery level near term. (BTC) traded around $74,834 after sliding 2.02% over 24 hours, with intraday movement between $74,708 and $76,140. According to data from…

Bitcoin Slips to $74,530 as Long Traders Face $106M Wipeout

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Key Takeaways Bitcoin fell below $75K on May 27 as Glassnode flagged fading exchange-traded fund (ETF) inflows. Bitstamp data showed BTC dropped 3% weekly, wiping out $115.3M in leveraged longs. Polymarket traders priced U.S.-Iran deal odds at 30% ahead of the May 31 deadline. Onchain Metrics Signal Fading Momentum For the second consecutive day, bitcoin trended downward, slipping below the $75,000 threshold even as major Wall Street indexes hovered near record highs. According to Bitstamp data, the leading cryptocurrency plummeted to its daily low after spending much of the prior…

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Bitcoin, Altcoins Selloff Amid Rising ETF Outflows

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Key points: Bitcoin is under pressure as net outflows from the BTC ETFs highlight a shift in institutional investor sentiment. Most major altcoins look weak, suggesting the bears are in control. Bitcoin (BTC) fell below $75,000 on Wednesday, indicating that the bears are slowly taking charge of the crypto market. Institutional investors seem to be on a selling spree, with BTC exchange-traded funds recording net outflows of $1.88 billion since May 15, per Farside Investors’ data. Glassnode said in a post on X that persistent net outflows from BTC ETFs…

Whale Shorts $16M in Bitcoin and Ether While Going Long on TradFi on Hyperliquid

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Key Takeaways Nansen flagged a smart money whale on May 27 running $7.4M BTC and $8.7M ETH shorts at 20x leverage on Hyperliquid. The same wallet holds $5.09M long on XYZ100 and $3.46M long on S&P 500, generating $1.35M in combined unrealized profit. At 20x leverage, a 5% rise in bitcoin or ether could trigger liquidation of the whale’s $16.1M short position on Hyperliquid. Long TradFi, Short Crypto: The Trade in Detail The wallet holds a $5.09 million long position on the XYZ100 index perpetual at 4x leverage, currently sitting…

Fold starts rolling out Bitcoin credit card with 4% rewards offer

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Fold Holdings has started issuing its Fold Bitcoin Credit Card to selected waitlist members, adding a consumer credit product to its growing Bitcoin rewards and workplace payments business. Summary Fold has started issuing its Bitcoin Credit Card to select waitlist members, offering 1.5% back in Bitcoin and up to 4% through rewards and partner offers. The card runs on Visa and Stripe Issuing, with physical and virtual cards available through the Fold App for Apple Pay and Google Pay. The launch comes after Fold missed Q1 2026 earnings expectations and…

SUI Finds Strong Technical Support, Yet Broader Downtrend Fears Persist

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SUI is showing signs of stability after finding support at a key technical confluence zone, giving bulls hope for a potential rebound. However, despite the strong support structure, broader market signals continue to point toward lingering downside risks, with concerns growing that the current trend may still favor a deeper corrective move.  Holding Firm At Key Breakout Retest Zone In the face of waning market action, crypto strategist Scient highlighted a critical juncture for SUI. After a measured pullback, the asset has successfully tested and maintained support at the Value…

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XBIT DEX opens whitelist for prediction leverage, launching a 35,000 USDC campaign

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XBIT DEX takes the lead in introducing leverage to on-chain prediction markets, prioritizing the 2026 FIFA World Cup for its initial category. The whitelist application is now live. May 27, 2026 – On-chain prediction markets are undergoing explosive growth. In March 2026, monthly trading volume surpassed $25 billion, a more than 20-fold increase compared to the same period last year. Polymarket has become the official prediction market partner for X, and Coinbase has launched prediction contracts across all 50 US states. However, while users and capital are flooding in, product architecture…

Ethereum Is Making A Super Rare Move – Here’s My Plan

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