Category: Other Crypto News

Bitcoin is on the Verge of Locking in 3% May Losses

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Bitcoin (BTC) circled $73,500 on Sunday as bulls stared down 3% BTC price losses for May. Key points: Bitcoin looks set to end May “in the red” as the monthly candle close nears. US labor-market data will form the key volatility catalyst for risk assets next week. Bitcoin analysis says that $73,000 is the key line to watch for the monthly close. Bitcoin eyes “red” May ahead of key US PMI data Data from TradingView followed a quiet weekend for BTC/USD, which remained wedged under 2025 yearly lows. BTC/USD one-hour…

Cross-Chain Protocol Gravity Bridge Falls To $5.4 Million Attack — Details

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Gravity Bridge, a Cosmos-native cross-chain protocol, was the target of a compromised-key attack, which led to the theft of roughly $5.4 million over the weekend. This latest security breach joins the growing list of exploits suffered in the decentralized finance (DeFi) space so far in 2026. Gravity Bridge Hack Traced To Signing Key Compromise: Investigator On Saturday, May 31st, blockchain sleuth Specter highlighted that Gravity Bridge might have been exploited through what he described as a signing key compromise. For context, a signing key compromise refers to the unauthorized disclosure…

Bitcoin Price Targets $78K as BTC Holders Defend ‘Strongest Near-Term Support’

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Bitcoin (BTC) is rebounding from a key on-chain support zone, putting the $78,000 level back in focus for bulls. Key takeaways: BTC is eyeing a rebound to $78,200, the realized price of BTC held for three to six months. A sustained move above this cost basis could put Bitcoin on track for a push above $100,000 by year-end. BTC’s short-term holders defend $71,400 cost basis Bitcoin rebounded roughly 2.5% over the weekend to reach $74,000 on Sunday, with the recovery beginning near $72,500. The local low came close to the…

Bitcoin Register Record 15.8M Long-Term Holders Amid Price Decline

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Vietnam Proposes Allowing SMEs to Use Digital Assets as Loan Collateral

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Vietnam’s Ministry of Finance has proposed letting small and medium-sized enterprises use digital assets, virtual assets and intellectual property as collateral for bank loans. The proposal is part of a draft revised Law on Support for SMEs, which is open for public consultation, according to a Friday report by Vietnam News. Under the framework, businesses could secure loans using future-formed assets, property rights, intangible assets and digital or virtual assets. SMEs and household businesses account for more than 98% of all enterprises in Vietnam, yet outstanding loans to the segment…

Could XRP Hit $10 This Bull Run? World’s Highest IQ Holder Thinks So

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XRP investment products pulled in close to $12 million in a single day on May 29, pushing total net inflows to roughly $1.42 billion — the token’s strongest ETF month of 2026 so far. Yet despite that institutional interest, XRP is still trading near $1.34, far below where some of its loudest supporters say it should be. A Fresh Target From A Familiar Voice YoungHoon Kim, who claims the title of world’s highest-IQ holder, posted a pointed statement on X this week: XRP will reach between $5 and $10 this…

Cosmos-Based Gravity Bridge Halts After Reported $5.4M Exploit

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Gravity Bridge, a decentralized blockchain facilitating cross-chain transfers between Ethereum and Cosmos, was reportedly drained of roughly $5.4 million, prompting validators to halt the bridge. Onchain analyst Specter first flagged the unusual outflows in a Saturday post on X, revealing that the bridge contract key may have been compromised. “It appears the Gravity Bridge contract key may have been compromised, resulting in the theft of $5.4M,” Specter wrote. Security firm PeckShield also confirmed the exploit in a post, breaking down the stolen assets as approximately $4.3 million in USDC (USDC),…

Solana Must Hold Above Crucial $78 Level – Analyst Explains Why

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Data from CoinMarketCap shows that Solana (SOL) has registered no significant net price change in the last month. However, daily price analysis shows that the prominent altcoin reached a local peak near $97 in early May before entering its current downtrend. Presently, the Solana market is dominated by bearish sentiment, alongside the broader market, as indicated by its weekly price loss of 4.09%. In an X post on May 30, renowned market analyst Ali Martinez shares a key insight on the Solana market, highlighting a horizontal channel formation on the…

Crypto Sentiment Reaches Most ‘Lopsided Positive’ Ratio for 2026: Santiment

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The feeling toward Bitcoin on social media has reached its most bullish level of the year, even as the overall crypto market is down, according to crypto sentiment platform Santiment. “Sentiment on Bitcoin has spiked to 2.23 bullish comments for every bearish one — the most lopsided positive ratio of 2026,” Santiment said in a report published on Saturday. “The previous two biggest positive-ratio days of the year preceded short-term price pullbacks, while severely negative readings marked local bottoms. The current euphoria contrasts sharply with the bearish ETF flow picture…

Bitcoin Spot, Futures Buyers Show Up But Is It Enough?

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Bitcoin ETF selling overwhelmed markets again after last week’s $1.42 billion outflow followed the previous week’s $1.26 billion outflow.  BTC’s subsequent fall to $72,500 raised concerns that the price would slip back into the $60,000 to $70,000 range that BTC was locked in during February through April, but Cointelegraph’s reporting showed spot volumes kicking in to defend the $70,000 support.  BTC/USDT aggregated spot volumes. Source: Velo  Given the sizeable ETF selling, BTC inflows to Coinbase and futures market liquidations, the spot CVD data above suggests these dip buyers are not…