Author: boss

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…

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…

Dogecoin Monthly Triangle Pattern That Triggered 30,000% Parabolic Rally In 2021 Has Returned

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Dogecoin has drifted quietly around the $0.10 region for months, but a new monthly chart shared by market analyst @TATrader_Alan is now reviving comparisons to the structure that preceded the cryptocurrency’s explosive 2021 rally. The analyst points to a recurring triangle formation that has appeared before every major Dogecoin expansion cycle, with the current setup now approaching the same breakout zone that historically triggered aggressive upside momentum. Dogecoin Rally Setup Reappears The latest monthly chart shared by the analyst outlines a repeating formation that has surfaced across three different market…

Mastercard Lands New York Bitlicense to Advance Stablecoin and Digital Payment Infrastructure – Bitcoin News

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Key Takeaways Mastercard Transaction Services (U.S.) LLC received a NYDFS Bitlicense on May 27, 2026, clearing the way for digital asset operations in New York. The approval follows Mastercard’s $1.8 billion acquisition of stablecoin infrastructure firm BVNK in March 2026, signaling deeper commitment to onchain payments. Chief Product Officer Jorn Lambert says regulatory clarity is now central to Mastercard’s strategy for scaling stablecoins and tokenized deposits globally. Mastercard Wins NYDFS Bitlicense, Opening New York Digital Asset Access The approval came through New York’s Bitlicense framework, which NYDFS established in 2015.…

Sam Altman Reverses Course on AI Job Losses as Studies Show Limited Impact so Far – Bitcoin News

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Key Takeaways OpenAI CEO Sam Altman said May 2026 fears of mass AI layoffs were overstated. Brookings and Yale Budget Lab found limited AI labor disruption through 2026. Anthropic warned AI deployment gaps may slow workforce replacement beyond 2026. Sam Altman is backing away from his bleak labor forecast, and it’s not hard to see why: the job apocalypse tied to AI hasn’t arrived. Fresh analyses from groups like the Yale Budget Lab and Brookings point to minimal disruption so far, even as Anthropic flags a yawning gap between AI’s…

StakeDAO vsdCRV Attacker Limited to $91K By Thin Liquidity

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An attacker minted more than 5.4 trillion vsdCRV on Arbitrum after a suspected compromise of a StakeDAO-linked deployer key, though thin liquidity limited the realized proceeds to about $91,000. Blockchain security firm PeckShield said Wednesday the attacker swapped part of the minted vsdCRV for 43.7 Ether (ETH), worth about $91,000, and bridged the funds to Ethereum. Onchain analyst EmberCN said the attacker swapped about 16.83 million vsdCRV, while the remaining tokens had little meaningful liquidity to exit. EmberCN estimated the 5.4 trillion vsdCRV at about $763 billion on paper, though…

The Trillion-Dollar Push That Could Send Price Above $300

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Crypto pundit CharuSan has again commented on his prediction that XRP could rally above $300. He addressed concerns that the token’s potential market cap makes it impossible to reach this target, highlighting why the market cap metric doesn’t affect XRP. Pundit Points To Trillion-Dollar Market That Could Push XRP Above $300 In an X post, CharuSan alluded to the $27 trillion sitting idle in global Nostro/Vostro accounts, the massive volumes in FX markets, major banks, DTCC clearing, and institutional corporations as the reason why XRP could rally above $300. He…