Ether price is still stuck below $2.4K: Here is why Ether (ETH) has tested the $2,400 resistance five times over the past month, with each breakout attempt losing momentum near that level. The stalled price action comes as spot Ether exchange-traded funds (ETFs) recorded just $500 million in inflows since March. Ether reserves on Binance exchange climbed by 400,000 ETH, and ETH futures traders also reduced leverage exposure over the past week. Spot Bitcoin ETFs attracted roughly $4.5 billion in net inflows since March, supporting BTC’s move above $82,000. Ether…
Author: boss
Poland Approves Crypto Bill Amid Looming MiCA Deadline
Polish lawmakers approved a government-backed bill Friday to bring the country’s crypto market under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, after President Karol Nawrocki twice vetoed earlier versions. The vote took place on Friday during the 57th sitting of the Sejm in Warsaw, where lawmakers adopted the legislation in a 241–200 decision, according to official parliamentary records. Backed by the Ministry of Finance, the approved bill (No. 2529) designates the Polish Financial Supervision Authority (KNF) powers to oversee market participants, impose administrative sanctions and temporarily block accounts…
XRP Leads Massive Crypto Rally As Traders Bet Big On US Regulatory Shift
XRP became the most traded asset on South Korea’s Upbit exchange in the last seven days, pulling in $110 million in 24-hour volume and outpacing both top cryptos Bitcoin and Ethereum. The surge came alongside the biggest inflows into US XRP exchange-traded funds in four months, even as Bitcoin and Ethereum funds saw money flowing out. Related Reading CME And NASDAQ Signal Growing Institutional Interest CME Group and NASDAQ announced they will launch crypto index futures on June 8, covering Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, and Stellar Lumens in…
What Will Trigger a BTC Price Rally?
Bitcoin’s (BTC) Thursday rally to $82,000, buoyed by the Senate Banking Committee’s advancement of the CLARITY Act, has stalled amid stiff overhead resistance and weakening ETF demand. Still, analysts said that BTC’s upward momentum may increase if key conditions are met. Key takeaways: BTC bulls must flip the $82,000-$84,000 into new support. Return of strong institutional demand via spot Bitcoin ETFs is required for the uptrend to continue. Bitcoin price must establish $82,000 as new support Data from TradingView showed BTC tested overhead resistance at $82,000, which has rejected the…
South Korea to Announce Tokenized Securities Laws in July
South Korea’s Financial Services Commission (FSC) plans to release detailed tokenized securities rules in July as the country prepares to bring blockchain-based securities under its capital markets framework in 2027. The measures are expected to include a roadmap for tokenizing stocks, bonds and money market funds, possible changes to over-the-counter trading limits and rules allowing some fractional investment products to pool similar underlying assets, the FSC announced on Friday at the second meeting of its public-private tokenized securities council, which was launched in March to design issuance, trading, infrastructure and…
Thorchain Loses Nearly $11M as Attackers Poison Vault Churn Process Across 4 Chains – Bitcoin News
Key Takeaways Thorchain lost approximately $10 to $11 million across Bitcoin, Ethereum, BSC, and Base on May 15, 2026. ZachXBT flagged the exploit publicly as RUNE dropped 12 to 15% within hours, falling to roughly $0.50. Node operators triggered a global emergency halt; a full post-mortem from Thorchain is still pending. Thorchain Funds Compromised Onchain investigator ZachXBT first flagged the incident via his Telegram channel, placing initial losses above $7.4 million before revised estimates pushed the total higher. The breach hit vaults on Bitcoin, Ethereum, BNB Smart Chain, and Base.…
Mubadala raises Bitcoin ETF stake to $566m in Q1
Abu Dhabi’s Mubadala disclosed a 16% increase in its Bitcoin ETF position to $566 million in Q1 2026. Summary Mubadala held 14.72 million iShares Bitcoin Trust shares worth $565.6 million as of March 31, 2026, up from 12.7 million shares in Q4 2025. The Q1 2026 filing extends Mubadala’s unbroken IBIT accumulation streak that began in Q4 2024. Abu Dhabi’s combined IBIT holdings across Mubadala and Al Warda Investments exceeded $1 billion at year-end 2025. The SEC 13F filing shows Mubadala held 14,721,917 shares of BlackRock’s iShares Bitcoin Trust valued…
Bitcoin Fails $82k Breakout Three Times As Short-Term Holders Sell
Bitcoin has failed three attempts to break above the $82,000 area, with short-term holders repeatedly selling into strength, according to a May 15 market brief from on-chain analyst Axel Adler Jr. The setup puts the market in a narrow technical and behavioral squeeze, where the 200-day simple moving average is acting as resistance while short-term holder profitability metrics remain stuck near break-even. Adler’s latest Bitcoin Morning Brief frames the current structure as more than a standard resistance test. Price is trapped between the realized cost basis of short-term holders and…
Bitcoin Will ‘Likely’ Break Support Next as $82,000 Stays Unflipped
Bitcoin (BTC) risks starting its “next downtrend” as bulls fail to break beyond $82,000, the latest analysis warns. Key points: Bitcoin traders are beginning to sway toward a support retest or even a new “downtrend” for BTC/USD. Current price behavior has retained overhead resistance, with bulls unable to push through $82,000. Rangebound crypto markets spark $330 million in liquidations over 24 hours. Trader: BTC price will “likely break below” support Bitcoin traders are increasingly split on where BTC/USD will go next, but calls for lower levels are growing. “For now,…
THORChain Halts Trading After ZachXBT Flags $10M Exploit
Decentralized liquidity protocol THORChain halted trading after blockchain investigator ZachXBT flagged a suspected exploit of more than $10 million. A THORChain alerts Telegram channel showed all trading and signing halted, with a global node pause extended until block 26191149, or roughly 12 hours and 42 minutes. The halt came shortly after ZachXBT said the protocol had likely been exploited across Bitcoin, Ethereum, BNB Chain and Base. A wallet labeled by Arkham as the THORChain exploiter showed $10.8 million in holdings, transferred across several smaller transactions in the 30 minutes before…