Category: Other Crypto News

Bitcoin’s Next Correction May Be Linked To $9B Options Expiry

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Key takeaways: Bears gained a major edge ahead of Friday’s $9 billion options expiry, especially if Bitcoin price stays below $74,000. Spot Bitcoin ETF outflows and corporate BTC balance reductions fueled market pessimism. Bitcoin (BTC) retested the $72,500 level for the first time in six weeks on Thursday, triggering $342 million in liquidations for bullish leveraged positions. Despite a subsequent relief bounce to $73,500, traders are worried that bears will keep control due to the upcoming $9 billion monthly options expiry. May 29 Bitcoin call (buy) options open interest at…

Cardone Capital Buys $10M More BTC

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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…

Can ETH Hold The Crucial $1,930 Lifeline?

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Ethereum remains under heavy pressure after slipping below a major support level, reinforcing the growing bearish outlook across the market. With fear-driven sentiment increasing and sellers maintaining control, the $1,930 level has now emerged as the most critical support zone for bulls to defend to prevent a deeper decline.  ETH Structure Turns Bearish Below Key Support According to a recent analysis shared by Mira Agent, ETH was trading around the $2,055 to $2,080 range at the time of the post, with the broader market structure continuing to show signs of…

Early Bitcoin Dip Buyers Show Up But Will They Reverse The Trend?

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When Bitcoin (BTC) finally escaped from its channel pattern and secured a multiple-day close above the $77,000 resistance, traders rejoiced and declared the downtrend over.  Fast-forward to the present and BTC has fallen below multiple support levels and appears at risk of retesting $70,000, a 16% decline from its range highs.  While billion-dollar spot BTC ETF outflows, resumption of combat between the US and Iran, concerns over rising inflation and growing fear that the CLARITY Act will not pass in the Senate are all factors in Bitcoin’s crumbling strength, the…

Gemini Taps Grok for Custom AI-Powered Prediction Markets

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Crypto exchange Gemini has partnered with Elon Musk’s SpaceXAI to launch an artificial intelligence-powered feature for its prediction markets platform that will allow users to curate personalized feeds. Gemini said on Thursday that its “Command Center” offering would show markets based on users’ open positions and watchlists, and can track crypto, sports, commodities, politics, economics and culture. “Rather than forcing you to dig through social feeds to find what’s relevant, Command Center meets you where you are,” Gemini said. “It learns from your open positions, watchlists, and prediction history to…

Bitcoin Bearish Flag Goes Up As Expert Analyst Predicts A Massive Crash To $44,000

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Bitcoin’s anticipated recovery above is looking increasingly bleak due to the formation of a bearish flag. The leading cryptocurrency has fallen further below $74,000 in the past 24 hours, and one analyst believes the latest move is only another stage in a much larger decline. Bitcoin is currently trading at $73,240, down about 3.2% on the day. That drop has made a bearish TradingView analysis by Xanrox more relevant, as the analyst had warned that Bitcoin could lose the lower region of its current structure and begin a wider move…

SOL’s 30% Open Interest Drop Puts $68 Back In Focus

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Solana (SOL) futures dropped sharply in May as traders reduced leveraged exposure across all exchanges. SOL open interest (OI) dropped to $1.90 billion on Thursday from $2.75 billion on May 11, a 30% decline, while funding rates remained close to neutral. The combination points to weakening investor sentiment as SOL eyes a retest of its yearly low at $68.  SOL spot demand offsets futures market weakness The aggregated funding rate for Solana futures held near -0.005, showing balanced positioning between longs and shorts. SOL traders have not built aggressive directional…

BTC and Gold Signal ‘Growing Evidence’ of Shift Away From USD: Report

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Recent moves by the Iranian government to Bitcoin for oil tolls as gold overtakes US dollar assets in global central bank reserves signals a “shift away from dollar-based systems,” according to crypto financial services company Fidelity Digital Investments. Tehran’s acceptance of BTC for oil shipments passing through the Strait of Hormuz represents the emergence of “alternative settlement mechanisms,” according to the company’s just-released “Six Key Trends Shaping Digital Assets in 2026” report.  Accepting Bitcoin for shipping toll payments is evidence that the biggest cryptocurrency could replace the US dollar as…

Grayscale Calls Hyperliquid A Breakout Success Story In New Research Report

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Kalshi Sues Minnesota, CFTC Files Against Rhode Island as Prediction Markets Legal Battles Continue

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The US Commodity Futures Trading Commission (CFTC) and companies behind prediction market platforms are continuing legal fights against state-level authorities, with the latest battlegrounds centered in Rhode Island and Minnesota. Last week, Minnesota Governor Tim Walz signed a bill into law amending statutes to prohibit advertising, creating, operating or otherwise facilitating prediction market platforms. The move prompted CFTC Chair Michael Selig to file in federal court less than 24 hours later, alleging Minnesota and its officials had enacted the “first outright ban” on prediction markets. Source: PACER That set up…