Bitcoin (BTC) circled $78,000 on Saturday after geopolitical headwinds erased most of its May gains. Key points: Bitcoin falls below $78,000 for the first time since the start of May. Oil-supply woes combine with existing nerves over US bond markets, adding to headwinds for risk assets. Support weakness has traders looking at $75,000 and under next, while optimists see a “bear trap” forming. Multiple hurdles “coming together” for crypto, risk assets Data from TradingView confirmed new lows of $77,614 on the day — the lowest levels since May 1. BTC/USD…
Author: boss
Solana Eyes $117 Breakout — If Bulls Can Crush This Key Resistance
The Solana price has struggled to shake off its early-year woes despite a slightly improved general market climate in recent weeks. After falling from a nearly $150 valuation in the first quarter of 2026, the altcoin has been stuck within a consolidation range between $75 and $100 over the past few months. The upper boundary of this consolidation zone proved formidable after the Solana price failed to fully capitalize on the injection of bullish momentum (triggered by news of the CLARITY Act passing the US Senate banking committee). A popular…
Bitcoin Mining Stocks Sink Friday Yet Still Beat BTC in 2026 Performance
Key Takeaways All ten bitcoin mining stocks tracked fell on May 15, 2026, with Bitdeer dropping the most at 9.59%. Every miner on the list outperformed bitcoin’s negative 11.1% YTD return, led by Hut 8 at 123.16%. IREN Limited’s 12.37% five-day slide signals short-term pressure even as sector YTD gains hold firm. Bitcoin Miner Stocks Suffer on Friday, But Still Hold Solid 2026 Gains Bitcoin closed the week at $77,849, down 11.1% year-to-date. Yet all of the top ten miners today sit well above that figure, and the reasons why…
Warren Zeroes In On Crypto Deal Structure As $75M Loan Draws Attention
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Crypto market crash hits Bitcoin and alts
The crypto market lost nearly $90.3 billion in value in a single hour on May 16, pushing Bitcoin to $77,678 and triggering mass liquidations across the board. Summary PPI inflation data came in 6% above forecast, killing rate-cut expectations and sending risk assets into a sharp sell-off. BlackRock’s IBIT shed $136 million as U.S. spot Bitcoin ETFs posted $290 million in outflows, ending a six-week inflow streak. Nearly 154,000 traders were liquidated in 24 hours, wiping out roughly $696 million from the derivatives market. The crypto market shed $90.3 billion…
Drake Drops 43 Songs and Calls Himself a ‘BTC Crypto Big-Timer’ on New Track ‘Dust’ – Bitcoin News
Key Takeaways Drake’s “Dust” track on Iceman name-drops Sam Bankman-Fried (SBF) and bitcoin across a 43-song triple album released May 15, 2026. The “ BTC crypto big-timer” lyric lands as bitcoin trades in the high five figures, amplifying mainstream crypto adoption signals. SBF, serving 25 years for FTX fraud, now draws a celebrity pardon plea from Drake ahead of a Netflix series on the collapse. Drake Releases Triple Album in May 2026 and Plants Bitcoin, FTX Shoutout on Iceman Cut The three projects, “Iceman,” “Habibti,” and “Maid of Honour,” mark…
OpenAI and Malta Partner to Give All Citizens Free ChatGPT Plus Access
OpenAI and the Maltese government have announced a world-first partnership to roll out ChatGPT Plus to all Maltese citizens, marking the first time a government has struck such a deal with the AI company. Under the programme, citizens who complete a government-backed AI literacy course will receive free access to ChatGPT Plus for one year, OpenAI announced on Saturday. The course, developed by the University of Malta, covers what AI is, what it can and cannot do and how to use it responsibly at home and in the workplace. “Malta…
Bitcoin Slides to $77,614 as US and Israel Weigh New Strikes on Iran
Key Takeaways Bitcoin fell below $78,000 as rumours of potential U.S. and Israeli military strikes against Iran intensified. The sudden crypto market crash wiped out $666 million in long positions. Investors look ahead as the Israel Defense Forces prepare assets for a conflict that could last for weeks. Bitcoin Slips Below $78,000 as Geopolitical Tensions Rise Bitcoin dipped below $78,000 Saturday morning amid fears that the U.S. and Israel are about to resume bombing Iranian facilities. Bitstamp data show that the top cryptocurrency dropped to a session low of $77,614…
XRP Price Could Return To $1.55 But Only If This Crucial Support Holds
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Santiment flags Bitcoin euphoria after CLARITY win
Santiment warned that Bitcoin social media euphoria spiked following the CLARITY Act’s Senate Banking Committee vote on May 14. Summary Santiment tracked a major spike in Bitcoin social media euphoria following the CLARITY Act’s 15 to 9 Senate Banking Committee vote. The platform recorded 1.55 bullish Bitcoin comments for every bearish one, a ratio it flagged as a potential contrarian warning. Santiment advised caution, noting markets typically move opposite to crowd expectations when sentiment reaches extreme bullish levels. Sentiment analytics platform Santiment posted on X and its community insights platform…