Wintermute Says Bitcoin Rally Was A Squeeze, Low $70ks Loom

Wintermute said Bitcoin’s latest rally has failed its first major macro test, arguing that the move was driven more by leverage and short covering than by durable spot demand. In its May 18 market update, the trading firm pointed to hot inflation, rising Treasury yields, ETF outflows and renewed rate-hike pricing as the backdrop behind a sharp reversal across digital assets. “Last week we said we’d find out fast what kind of rally this was. We found out,” Wintermute wrote. “BTC failed at the 200-day on the first real macro…

K33 Research Says Bitcoin’s $60K Bottom Was Bear Market’s Maximum Drawdown

Key Takeaways K33’s Vetle Lunde says $60K was likely the 2026 bitcoin bear market’s maximum drawdown. Funding rates have been negative for 81 consecutive days, signaling uniquely pessimistic market sentiment. K33 projects bitcoin consolidating between $60,000 and $75,000 with no repeat of 80%-plus crashes. Bitcoin’s Downside Capped at $60K In a research note published this week, K33’s head of research, Vetle Lunde, argued that the conditions defining the 2026 bear market make an 80%-plus collapse (akin to those seen in 2018 and 2022) structurally unlikely. She added that the 2025…

Bitwise Says HYPE ‘Most Mispriced’ Cryptocurrency

Crypto asset manager Bitwise has called Hyperliquid “one of the most mispriced assets in crypto today,” despite its outperformance so far this year. “Hyperliquid is one of the most important crypto projects to emerge in years,” Bitwise investment chief Matt Hougan said in a note on Tuesday.  “Its native token, HYPE, is the best-performing large-cap crypto asset of 2026, up 77% YTD [year to date]. And yet I still think investors are underestimating its impact and its value.” Bitwise launched a HYPE exchange-traded fund on the New York Stock Exchange…

Trump Orders a Review Into Banking Barriers for Fintech Firms

US President Donald Trump signed an executive order on Tuesday to review any barriers that might be stifling fintech innovation or preventing access to banking partnerships and payment rails. The order directs the Federal Reserve Board to evaluate the legal, regulatory and policy framework governing fintech and crypto firms’ access to Federal Reserve payment systems and submit a report to Trump within 120 days. The governors have also been asked to assess the Federal Reserve’s legal authority to grant direct access to fintech and crypto firms and to explore “options…

GitHub Internal Repositories Breached via VS Code Extension

GitHub said on Wednesday it is investigating unauthorized access to its internal repositories following the compromise of an employee’s device.  “While we currently have no evidence of impact to customer information stored outside of GitHub’s internal repositories, we are closely monitoring our infrastructure for follow-on activity,” the developer platform said in a statement. In a subsequent post, GitHub said it detected and contained a compromise of an employee device involving a poisoned VS Code extension on Tuesday. “We removed the malicious extension version, isolated the endpoint, and began incident response…

Bitcoin Fall Under $77,000 Triggers Spike In Social Media FUD

Data shows sentiment around Bitcoin among social media users has turned negative following the recent decline in the cryptocurrency’s price. Bitcoin Positive/Negative Sentiment Has Dropped Recently In a new post on X, analytics firm Santiment has discussed the latest trend in the Positive/Negative Sentiment for Bitcoin. This metric tells us whether the majority of social media comments aimed at a given asset are positive or negative. The indicator works by putting posts/messages/threads containing mentions of the cryptocurrency on the major social media platforms through a machine-learning model to separate between…

MOBILE CLOUD MINING – How to Mine Bitcoin (BTC) Without Equipment (2026)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Setup: In this video, I demonstrate a live test of a modern Cloud Mining platform to show you how the process works from start to finish. I’ll walk you through how to mine cryptocurrencies (like BNB, Bitcoin, and Ethereum) directly from your browser or mobile phone without needing expensive hardware. Also in this video: cloud mining cloud mining crypto how to mine Bitcoin how to mine Ethereum how to mine Tron hash mining bitcoin mining Ethereum mining crypto mining hash mining app…

XRP ‘Under Heavy Resistance’ After Key Rejection: Is $1 Next?

While XRP attempts to hold a crucial area, some analysts have pointed to key indicators that could dictate whether the recent pullback is temporary or marks the start of a deeper correction. Related Reading XRP Rally Faces Critical Resistance On Tuesday, XRP continued its recent decline, falling to the $1.35 area, its lowest level since late April. The cryptocurrency has been trading between $1.36 and $1.50 over the past month, attempting to break out of the upper boundary on multiple occasions. Last Thursday, the altcoin rallied above this key resistance…