Month: May 2026

Bitcoin Continues Its $80K Battle as US Jobs Data Smash Expectations Despite Iran

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Bitcoin (BTC) struggled with an $80,000 reclaim at Fridayโ€™s Wall Street open as strong US jobs data added to headwinds. Key points: Bitcoin crisscrosses $80,000 as US jobs data notionally reduces the odds of US interest-rate cuts. US jobs vastly outpace expectations, adding almost twice the anticipated number of jobs in April. Traders avoid giving up on the local uptrend, seeing a “healthy” support retest. Bitcoin stays undecided on fate of $80,000 Data from TradingView showed ongoing BTC price volatility as buyers and sellers sparked gyrations around the key $80,000…

What Happened in Crypto Legal News this Week

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Alex Mashinsky will be representing himself as Celsius executive prepares for sentencing On Wednesday, lawyers representing Alex Mashinsky moved to withdraw as attorneys in the case, saying that the former Celsius CEO would be โ€œproceeding pro seโ€ โ€” representing himself in court. Mashinsky was sentenced to 12 years in prison for his role in fraud and price manipulation at the crypto lending platform. Source: PACER Roni Cohen-Pavon, Celsiusโ€™ former chief revenue officer, is scheduled to be sentenced on May 13 after pleading guilty in September 2023. On May 4, US…

Bitcoinโ€™s โ€˜Overboughtโ€™ RSI Hints at BTC Price Dropping to Test $78K

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Bitcoin (BTC) traders expect a short-term correction as a key BTC price strength metric rises to its highest levels in almost fifteen weeks. Key takeaways: Bitcoinโ€™s โ€œoverboughtโ€ RSI historically precedes significant corrections. Bitcoin could see a short-term price drop if the price breaks below the $78,000 support. Bitcoin metrics suggest BTC price is โ€œoverheatedโ€ Bitcoinโ€™s 36% rally to $82,800 on Wednesday from its macro low of $60,000 has significantly impacted its daily RSI. On the daily chart, the RSI rose to 70 on Wednesday from local lows of 39 in…

XRP Momentum Fades As Bulls Fail To Hold Breakout Zone

XRPโ€™s latest breakout attempt appears to be losing steam as bulls struggle to maintain price action above the key resistance zone near $1.45. The rejection has pushed XRP back toward an important support area despite ongoing bullish developments surrounding Ripple and the XRPL ecosystem.ย  Failure To Hold Above $1.45 Resistance In a recent analysis, crypto analyst EllaWeb3 noted that XRP struggled to maintain momentum above the $1.45 level and has since started drifting back toward the same breakout zone that traders had been closely monitoring in recent sessions. The rejection…

BITCOIN เคซเคฟเคฐเคธเฅ‡ $80K ! 2026 เค…เคฌ เค†เคเค—เคพ BULL RUN ? เคฅเฅ‹เฅœเคพ เคธเค‚เคญเคฒ เค•เคฐ, เคฏเฅ‡ DATA เคฆเฅ‡เค–เฅ‹ ! เคฆเฅ‚เคธเคฐเฅ‡ COINS เค•เคพ เค•เฅเคฏเคพ เคนเฅ‹เค—เคพ ?

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io In this video, We will share why after April month in May bitcoin and crypto market may hold strong and show good recovery and bitcoin again hits $80k after 3 months and what is the future potential for recovery in bitcoin and crypto market ? We will also share some more interesting data and chart patterns. Now as gold and silver crashed, will bitcoin and crypto be able to recover or not as charts are also not looking good. Will we be…

Bitcoin options volatility snaps back as hedging flows cluster around $82k

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After Bitcoin pushed into the $82,000โ€“$83,000 band, shortโ€‘dated implied volatility has bounced from lateโ€‘2025 lows, with a roughly $2 billion shortโ€‘gamma pocket around $82,000 turning dealer hedging into a potential amplifier of every move. Summary After Bitcoin pushed into the $82,000โ€“$83,000 band, short-dated implied volatility has rebounded sharply, with 1โ€‘week IV up about 6 vol points from its October 2025 lows, signaling renewed demand for short-term optionality. Glassnode says the 25โ€‘delta skew is compressing toward neutral and the volatility risk premium has flipped positive, meaning options now price higher future…

Kelp DAO Fallout Pushes Solv, DeFi Protocols Toward Chainlink

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Decentralized finance protocols are reevaluating their blockchain oracle providersโ€™ security after the fallout from the $293 million Kelp DAO exploit last month. Several protocols have announced migrations to Chainlink infrastructure in recent days, citing security concerns around third-party oracle and bridge providers. On Thursday, Bitcoin DeFi platform Solv Protocol announced it would migrate to Chainlinkโ€™s Cross-Chain Interoperability Protocol (CCIP) and replace LayerZero bridges, citing an โ€œextensive security reviewโ€ concluding that CCIP provided the โ€œstrongest security assurances.โ€ย  A day earlier, liquidity protocol Tydro also said it was moving to Chainlink after…

๐Ÿ“‰ WHY The Crypto Market Just CRASHED! (Trump’s New Tariffs & My Full Market Analysis)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io #ilmeaalim #cryptoupdates #cryptonews The crypto market has just been hit by a sudden and sharp crash, with **Bitcoin ($BTC) dumping from over $95,000 to $92,000 in just one hour.** This move was triggered by a major geopolitical development. So, what happened? The downturn appears to be a direct reaction to reports that former President Trump is imposing new **tariffs on EU countries**, escalating trade tensions. In this urgent market update, I’m breaking down: * The breaking news regarding Trump’s new 10-25% tariffs…

XRP ‘probably going to $12,’ Bitcoin ETFs add $1B: Market Moves

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Bitmineโ€™s Tom Lee says โ€˜crypto springโ€™ has already begun Bitmine Immersion Technologies chairman Tom Lee said the cryptocurrency market may already be entering the early stages of a rebound. In a note on Monday, Lee said that, similar to previous cycles, investor sentiment has been muted despite strengthening crypto prices.ย  โ€œCrypto spring, in our view, has commenced and like past cycles, investor sentiment and conviction are muted and bearish even as crypto prices strengthen. We believe the potential passage, or even failure, of the CLARITY Act confirms the arrival of…

Crypto Wrench Attacks in Europe Spike as Losses Reach $101M

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Estimated losses from global crypto wrench attacks reached $101 million in the first four months of 2026, with most attacks occurring in Europe, according to Web3 security company CertiK. With just 34 documented crypto wrench attacks, the losses have nearly doubled those of 2025, which came in at $52.2 million. Europe accounted for 82% of incidents, according to CertiK. โ€œOur 2025 report documented a gradual tilt from Asia and North America toward Europe, and these first four months of 2026 mark a European hyper-concentration.โ€ The frequency of wrench attacks has…