Category: Other Crypto News

Bitcoin Momentum Weakens as BTC Price Support at $75K Becomes Key

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Market analysts say Bitcoin (BTC) is showing “momentum exhaustion” after its 8% drop from multi-month highs above $82,000, with bulls expected to defend key crucial support levels.  Key takeaways: Bitcoin momentum weakens after rejection above the $82,000 level. Analysts warn BTC could fall to $65,000 if support at $74,000-$76,000 fails. Bitcoin’s price momentum is “weakening” Private wealth manager Swissblock stated that Bitcoin’s momentum is fading following failure to “sustain expansion” above $82,000.  Swissblock said that Bitcoin’s positive momentum has been losing “force with every bounce,” contributing to the latest drop…

South Carolina Governor Signs Bill Protecting Bitcoin Miners and Banning CBDC Payments

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South Carolina Governor Henry McMaster signed Senate Bill 163 into law on Tuesday, advancing one of the most crypto-friendly state-level frameworks in the country. The bill, which previously passed the Senate 38-1 and the House 110-1, bans state agencies from accepting central bank digital currencies (CBDCs), protects the rights of crypto users and miners, and clears regulatory hurdles for businesses operating in the space. On CBDCs, the law bars any state agency or political subdivision from accepting, requiring payment in, or participating in Federal Reserve-led digital currency trials, including any…

Qivalis Euro Stablecoin Consortium Expands to 37 Banks

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Qivalis, a European banking consortium developing a regulated euro stablecoin, expanded to 37 member institutions on Wednesday after adding 25 new banks across 15 countries. The new members include ABN AMRO, Rabobank, Nordea and Intesa Sanpaolo. The Amsterdam-based consortium is targeting a second-half 2026 launch, according to a statement shared with Cointelegraph. “We are not merely building payment rails; we are ensuring that European principles around data protection, financial stability and regulatory rigour are embedded into the next generation of digital money,” said Howard Davies, chairman of Qivalis’ supervisory board.…

Zcash Soars 88% In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle?

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BitMEX co-founder Arthur Hayes has suggested that Zcash (ZEC) could eventually reach 10% of Bitcoin’s market capitalization, a long-term bullish thesis on privacy coins rather than a near-term price forecast. Based on ZEC’s circulating supply of around 16 million tokens, that scenario would imply a price in the high four-figure range, roughly $8,000–$10,000, depending on Bitcoin’s valuation. A Chart Pattern Worth Watching On the technical side, traders point to a possible cup-and-handle pattern, but this is a subjective chart formation with no guarantee of outcome. Resistance is often cited around…

OpenAI Opens First Overseas AI Lab in Singapore With $234M Commitment

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OpenAI is opening its first applied AI lab outside the US in Singapore through a multiyear partnership with the Ministry of Digital Development and Information, backed by more than $234 million. The AI company said Tuesday that the new lab will add more than 200 technical roles over the next few years, making Singapore one of OpenAI’s global hubs for Forward Deployed Engineers (FDE), or technical specialists who work directly with organizations to implement AI systems. “Through OpenAI for Singapore, we want to help more organisations benefit from frontier AI,…

Wintermute Says Bitcoin Rally Was A Squeeze, Low $70ks Loom

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Wintermute said Bitcoin’s latest rally has failed its first major macro test, arguing that the move was driven more by leverage and short covering than by durable spot demand. In its May 18 market update, the trading firm pointed to hot inflation, rising Treasury yields, ETF outflows and renewed rate-hike pricing as the backdrop behind a sharp reversal across digital assets. “Last week we said we’d find out fast what kind of rally this was. We found out,” Wintermute wrote. “BTC failed at the 200-day on the first real macro…

Bitwise Says HYPE ‘Most Mispriced’ Cryptocurrency

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Crypto asset manager Bitwise has called Hyperliquid “one of the most mispriced assets in crypto today,” despite its outperformance so far this year. “Hyperliquid is one of the most important crypto projects to emerge in years,” Bitwise investment chief Matt Hougan said in a note on Tuesday.  “Its native token, HYPE, is the best-performing large-cap crypto asset of 2026, up 77% YTD [year to date]. And yet I still think investors are underestimating its impact and its value.” Bitwise launched a HYPE exchange-traded fund on the New York Stock Exchange…

Trump Orders a Review Into Banking Barriers for Fintech Firms

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US President Donald Trump signed an executive order on Tuesday to review any barriers that might be stifling fintech innovation or preventing access to banking partnerships and payment rails. The order directs the Federal Reserve Board to evaluate the legal, regulatory and policy framework governing fintech and crypto firms’ access to Federal Reserve payment systems and submit a report to Trump within 120 days. The governors have also been asked to assess the Federal Reserve’s legal authority to grant direct access to fintech and crypto firms and to explore “options…

GitHub Internal Repositories Breached via VS Code Extension

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GitHub said on Wednesday it is investigating unauthorized access to its internal repositories following the compromise of an employee’s device.  “While we currently have no evidence of impact to customer information stored outside of GitHub’s internal repositories, we are closely monitoring our infrastructure for follow-on activity,” the developer platform said in a statement. In a subsequent post, GitHub said it detected and contained a compromise of an employee device involving a poisoned VS Code extension on Tuesday. “We removed the malicious extension version, isolated the endpoint, and began incident response…

Bitcoin Fall Under $77,000 Triggers Spike In Social Media FUD

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Data shows sentiment around Bitcoin among social media users has turned negative following the recent decline in the cryptocurrency’s price. Bitcoin Positive/Negative Sentiment Has Dropped Recently In a new post on X, analytics firm Santiment has discussed the latest trend in the Positive/Negative Sentiment for Bitcoin. This metric tells us whether the majority of social media comments aimed at a given asset are positive or negative. The indicator works by putting posts/messages/threads containing mentions of the cryptocurrency on the major social media platforms through a machine-learning model to separate between…