Bitcoin longs hit 2.5-year high amid 5-day slide

Bitcoin longs on Bitfinex surged to 80,636 BTC on May 20, the highest level since December 2023. Summary Bitfinex margin long positions rose to 80,636 BTC on May 20, up roughly 10% since the start of 2026 despite Bitcoin falling 13% in the same period. Bitcoin has declined for five consecutive trading days, sliding from above $80,000 to near $76,000 amid broader market weakness. The so-called Bitfinex whale has historically expanded long positions during weakness and reduced them near local market tops. Leveraged traders on Bitfinex continued buying into Bitcoin’s…

Bitcoin Adds $20B to Crypto Economy as Traders Defend $77,000 Support

Key Takeaways Bitcoin fluctuated around $77,500 after a sharp midnight breakout from the $76,700 level. The total crypto economy climbed by over $20 billion to reach an aggregate market cap of $2.66 trillion. Traders await whether bitcoin will test $77,600 next, following a drop in WTI oil to $97 per barrel. Bitcoin Volatility Tightens Near $77K Resistance Bitcoin endured another grueling stretch of range-bound consolidation, routinely failing to cement a definitive breakout above the psychological $77,000 threshold. Even after breaching the resistance mark, it struggled to sustain upward momentum. Market…

Bitcoin at Risk as Capriole Warns 3.8% Inflation Has Historically Preceded 30% Market Crashes

Key Takeaways Capriole Investments warns every inflation spike to current levels has triggered a 30% average market drop historically. The 2000 crash (-47%) and 2008 crash (-55%) represent the worst-case range in Capriole’s historical dataset. U.S. CPI hit 3.8% recently, its highest since May 2023, sustaining pressure on the Fed and risk assets. Historical Data Paints a Bleak Picture Capriole Investments highlighted a pattern that has held across decades of market data, i.e., when inflation crosses as high as it has today, the broad market has declined by an average…

Twenty One Capital Ownership Shifts as Tether Buys Out Softbank’s XXI Position – Bitcoin News

Key Takeaways Tether acquired Softbank’s stake in Twenty One Capital (NYSE: XXI), increasing control over the 43,514 BTC treasury company. Twenty One Capital, backed by Tether and Cantor Fitzgerald, holds roughly $3.4B in bitcoin as of May 2026. CEO Jack Mallers leads XXI toward vertical integration with Strike and Elektron Energy merger proposals ahead. Ardoino Says XXI Enters Next Chapter as Tether Absorbs Softbank’s Stake The deal, announced on May 20, 2026, triggered the exit of Softbank’s board representatives from Twenty One Capital in accordance with the company’s shareholder agreement.…

Hyperliquid ETF Inflows Outpace Bitcoin ETFs During Debut Trading Week

Key Takeaways HYPE ETFs outpaced bitcoin ETFs on three of their first six trading days. HYPE ETF issuers bought 2.5x more tokens than Hyperliquid’s burn fund removed. Solana led adjusted ETF inflows as institutions expanded beyond bitcoin and ether. HYPE ETF Gains Traction as Investors Rotate Beyond Bitcoin and Ether The first spot exchange-traded funds (ETFs) tied to Hyperliquid’s HYPE token are showing early signs of institutional traction, adding a new source of demand to a market already shaped by aggressive token buybacks and treasury accumulation strategies. According to an…

Traders Price Zero Fed Rate Cuts in 2026 as New Fed Boss Kevin Warsh Inherits 3.8% Inflation – Bitcoin News

Key Takeaways Markets now price the Fed holding rates at 3.50%-3.75% through 2026, ending earlier bets on cuts. Kalshi and Polymarket traders have placed over $42M combined on no rate change at the June 17 Fed meeting. New Fed Chair Kevin Warsh’s hawkish stance on inflation and balance sheet keeps borrowing costs elevated. Markets Price Out Every Rate Cut for 2026 The Fed’s target range sits at 3.50% to 3.75% after three 25-basis-point cuts in late 2025. Since then, the central bank has held at every 2026 meeting, citing uncertainty…

Blackrock Drives $331M Bitcoin ETF Outflow as XRP and Solana Funds Attract Inflows

Key Takeaways Bitcoin ETFs lost $331.05M as Blackrock IBIT saw a $325.58M outflow on Tuesday. Ether ETFs fell $62.30M, extending a 7-day losing streak led by Blackrock ETHA. Solana and XRP ETFs gained $3.78M and $1.48M as altcoin interest stayed resilient. Institutional Investors Dump Bitcoin ETFs While Altcoin ETFs Demand Rises The retreat from major crypto exchange-traded funds (ETFs) showed little sign of slowing as investors continued pulling capital from bitcoin and ether products at an aggressive pace. Spot bitcoin ETFs recorded net outflows of $331.05 million, marking another difficult…

Bitcoin Eyes $78K Breakout as Momentum Indicators Remain Neutral

Key Takeaways Bitcoin holds near $77,400 on May 20 as BTC tests resistance near the $78,000 zone. Market indicators show mixed momentum, with MACD and Momentum flashing sell signals. BTC bulls now watch the $77.5K-$78K breakout zone for a possible move toward $80K. Bitcoin Chart Outlook Bitcoin is priced at $77,440 during the early morning data capture window, reflecting a gain of roughly 0.4% over the previous 24 hours while maintaining a market cap near $1.55 trillion. Trading volume holds steady at approximately $26.69 billion, with intraday price action fluctuating…

Bitcoin’s $60K bottom still holds? K33 says this cycle is different

Bitcoin’s rejection near its 200-day moving average has renewed pressure, but K33 says the market still differs from past bear-market rallies. Summary Bitcoin’s February low near $60K remains K33’s base case for this cycle’s deepest drawdown now. K33 says weaker leverage and bearish derivatives positioning make this recovery unlike past bear-market rallies. Recent ETF outflows show defensive positioning as Bitcoin trades near average spot ETF cost basis. Bitcoin has struggled since revisiting its 200-day moving average near $82,000 earlier in May. The move revived concern that the latest recovery could…

5 leading Bitcoin and Dogecoin cloud mining platforms in 2026

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AJC Mining gains attention as cloud mining platforms evolve beyond traditional crypto mining models. Summary AJC Mining offers beginner-friendly cloud mining with automated contracts, daily settlements, and no hardware setup required. Cloud mining in 2026 now includes apps, marketplaces, and hosted systems, with AJC Mining targeting easy beginner access. AJC Mining simplifies Bitcoin and Dogecoin mining through cloud contracts, reducing technical and equipment barriers. As more users search for…