Month: May 2026

Zcash Soars To 6-Month Highs After 110% Rally – $700 Next?

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Zcash (ZEC) has surged to its highest level since 2025, but the rally is now approaching a major technical barrier. While some analysts point to the first “constructive signs” in months, others warn of potential signs of exhaustion. Related Reading ZEC 110% Rally Faces Key Barrier Zcash has been among the crypto market leaders amid the recent volatility, rallying more than 21% over the past week and 110% over the past 30 days. Throughout May, the cryptocurrency has jumped from the $350 barrier to reclaim the $670 area, reaching a…

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XRP Price Stuck In A Tight Cage—Breakout Pressure Keeps Building

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

US Lawmakers Introduce New Bitcoin Reserve Bill

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US lawmakers have renewed efforts to codify a US strategic Bitcoin reserve with a new bipartisan bill on Thursday that seeks to acquire around 1 million Bitcoin over five years.  The American Reserve Modernization Act of 2026 would establish a Strategic Bitcoin (BTC) Reserve and Digital Asset Stockpile for other federally held cryptocurrencies, which would be held by the US Treasury Department, said the bill’s sponsor, Representative Nick Begich. ARMA, sponsored by 16 members of Congress, builds on the BITCOIN Act, which was introduced in July 2024 and updated in…

5 Crypto Companies Shutter This Week in Market Slump

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At least five crypto companies have shuttered this week as a prolonged downturn in the crypto market has put downward pressure on user activity and investor funding.  Crypto trading card platform Fantasy.top, cross-blockchain infrastructure company Everclear, and Ethereum layer-2 blockchain ZERO Network all announced Thursday that they were winding down, with their products failing to find the right fit in the market or sustain enough revenue. This came the same week Ethereum infrastructure firm Syndicate Labs announced it was winding down after five years in a shrinking rollup market, and…

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Ethereum Price Eyes Breakout Move, Traders Watch Key Resistance Closely

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Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating and might rally if there is a clear move above the $2,150 resistance. Ethereum started a recovery wave above the $2,125 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Aims for Upside Break Ethereum price…

Analyst Maps XRP’s Path To 31% Of The Entire Crypto Market

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Crypto analyst Will Taylor, known as Cryptoinsightuk on X, said XRP’s market-cap dominance still shows a bullish structure despite its recent pullback from a key range high. His latest chart of XRP.D maps a potential long-term move toward 31.26% dominance, far above the current area near 3.315%. Taylor’s argument centers on market structure rather than short-term sentiment. In the chart, XRP dominance is shown holding above a major horizontal level around 3.315%, after breaking out from a multi-year range and failing to fully clear the 6.127% area. The weekly setup…

Bitcoin Price Consolidates Near Lows As Market Searches For Direction

Bitcoin price started a recovery wave above the $77,000 zone. BTC is consolidating and might aim for more gains if it clears the $78,000 resistance zone. Bitcoin managed to form a base above $76,200 and started a recovery wave. The price is trading above $77,000 and the 100 hourly simple moving average. There is a contracting triangle forming with resistance at $77,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $78,000 zone. Bitcoin Price Eyes…

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