Author: boss

Ethereum To $10k? Analyst Says ETH Must Clear This Level First

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Ethereum’s latest rebound has brought the $10,000 bull-market debate back into focus, but crypto analyst Kevin (Kev Capital TA) says ETH has not yet confirmed a higher-timeframe trend reversal. In a May 7 market update, the analyst argued that Ethereum remains trapped below major resistance until it can reclaim the $2,800 area and prove the move with a successful retest. The core of Kevin’s argument is simple: ETH has rallied from its local low near $1,700, but the move still resembles a counter-trend bounce rather than the beginning of a…

Ethereum Bears Target $1,800 ETH Price: Here Is Why

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Ether’s (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data points suggest ETH/USD may drop below $2,000. Key takeaways: Low network activity signals declining usage and reduced onchain demand for ETH. Coinbase Premium remains negative as spot Ethereum ETF outflows returned, reflecting strong US-driven sell pressure. Ether’s falling wedge pattern targets $1,830. Ether’s total value locked hits 12-month lows Ethereum’s network fundamentals are weakening, with weekly average transactions dropping by 10% to 4.79 million, per data from Nansen. Active addresses…

Mantle Tokenholders Back Aave Credit Facility After rsETH Exploit

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Mantle tokenholders backed a proposal authorizing a credit facility of up to 30,000 Ether (ETH), worth about $68 million, for Aave DAO, advancing remediation tied to bad debt from the April rsETH exploit. The proposal, MIP-34, passed in a seven-day Snapshot vote that ended Friday, according to DAO governance platform Snapshot. The measure authorizes the Mantle Foundation to negotiate and execute definitive agreements with Aave DAO for a loan from the Mantle Treasury, though the facility remains subject to Aave implementing its recovery plan and the parties finalizing terms. The…

100K BTC Vanish From Exchanges

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Buyers on Binance shifted decisively in recent weeks. The exchange’s seven-day net taker volume swung from roughly -$1 billion in late March — a period dominated by sellers — to around $2.6 billion by early May, signaling that demand had returned with some force. Related Reading Reserves Hit Levels Not Seen Since Late 2023 That shift in buyer behavior is playing out against a backdrop of shrinking Bitcoin supply on major exchanges. Combined outflows from Binance, OKX, and Gemini have reached nearly 100,000 BTC since February — worth over $8…

BTC falls under $80K as Bitcoin ETFs record first May outflows

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U.S.-listed spot Bitcoin ETFs recorded $277.5 million in net outflows on Thursday.  Summary Spot Bitcoin ETFs recorded $277.5 million in outflows, ending five days of strong inflows Thursday. Fidelity and BlackRock led redemptions as Bitcoin slipped below $80,000 during volatile intraday trading sessions. Morgan Stanley’s MSBT still attracted inflows, showing uneven demand across U.S. Bitcoin ETF products Thursday. The move ended a five-day inflow streak worth nearly $1.7 billion, according to SoSoValue data. The reversal came as Bitcoin fell below $80,000 after trading above $82,000 a day earlier. Current market…

This 1 Chart Explains Why Bitcoin Is Winning And Ethereum Is Losing Right Now

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On-chain analytics firm CryptoQuant has identified a significant divergence in the demand structures driving Bitcoin and Ethereum’s recoveries in 2026, with Bitcoin attracting sustained institutional spot buying while Ethereum’s price stability reflects reduced selling pressure rather than genuine new demand — a distinction that carries major implications for the broader market’s next move. Related Reading According to CryptoQuant’s analysis of on-chain and exchange data covering April and early May 2026, Bitcoin and Ethereum are operating under fundamentally different demand regimes. Bitcoin’s recovery has been driven by real spot purchases —…

Bitcoin News Today: Why the $80K Support Is Under Threat Despite Institutional Momentum

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Bitcoin traded at $79,732 as of May 7, down 2% over 24 hours, after sharply rejecting a five-month high of $82,784 reached two sessions prior. This is not very bullish news for Bitcoin today. The reversal pulled BTC back below the $80,000 psychological threshold, a level it has now failed to structurally hold across three separate tests in four months. The analytical question is no longer whether Bitcoin can reach $80,000; it is whether the structural conditions exist to convert that level from a ceiling into a floor. On-chain data,…

Chainlink Whales Buy 32.9 Million LINK, Holdings Hit Record High

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Chainlink’s biggest active holder cohort has sharply increased its LINK exposure over the past month, according to Santiment, which says the move could point to a tightening supply setup if broader market conditions stay supportive. The on-chain signal stands out because the buying took place while LINK traded in a relatively muted range rather than during an obvious breakout. Santiment said on May 7 that “ChainLink’s key stakeholders that hold between 100K-10M LINK have been aggressively accumulated over the past month.” The analytics firm added that “these whales & sharks…

HarrisX Poll Found 52% of Registered Voters Support the CLARITY Act

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Nearly half of US voters are willing to cross party lines to get clear crypto regulation off the ground, while public support for the CLARITY Act could bring an electoral benefit for politicians, according to a new survey from HarrisX. The poll included responses from 2,008 registered voters from May 1-4. It found that 52% of respondents support the CLARITY Act, with just 11% opposed.  About half, or 47%, said they would consider voting for a candidate outside their preferred party if that candidate backed the bill and their own…

Zcash Price Soars as Traders Rotate Into Privacy-Focused Crypto

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Privacy-focused cryptocurrency Zcash (ZEC) has spiked by more than 70% over the past week as crypto traders have been paying closer attention to privacy-focused projects. Zcash traded at about $346 on Friday, May 1, before hitting a seven-day peak of $593.86 on Wednesday. It has since settled at around $570 as of Friday, according to CoinGecko. Pav Hundal, lead market analyst at crypto exchange Swyftx, told Cointelegraph that traders have begun paying closer attention to privacy projects “amid broader concerns about the impact of AI, quantum computing and financial surveillance…