Category: Other Crypto News

Bitcoin Whales and Dolphins Signal Bear Market

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An increasing number of Bitcoin holders are seeing their investments turn red as the holding structure continues to deteriorate across major cohorts, according to CryptoQuant.  Annual balance growth for whale accounts holding between 1,000 and 10,000 Bitcoin (BTC) has turned negative in the fastest contraction this year, CryptoQuant said in a report on Thursday. Monthly growth has been flat since February, suggesting a shift from accumulation to mild distribution mirroring the 2022 bear market, it added. Bitcoin “dolphins”, who hold between 100 and 1,000 BTC and are dominated by exchange-traded…

Sui Network Restarts After 6 Hour Outage

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Sui Network is back online after a nearly six-hour outage on Thursday, which it attributed to a bug introduced by an update, marking the layer-1 blockchain’s second period of downtime in 2026. Sui posted to X on Thursday that activity on its mainnet had resumed after “a halt due to a crash bug in the gas charging logic introduced by the 1.72 release. A full incident review will be shared in the coming days.” Sui had earlier shared that the blockchain was “experiencing a network stall” and said that transactions…

Bitcoin’s Famous CME Gap Playbook May Be Nearing Its End

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CME Group is moving its regulated cryptocurrency futures and options market to 24/7 trading, a structural shift that could remove one of Bitcoin’s most watched weekend market patterns: the CME gap. For BTC traders, the change matters because the gap has long served as both a technical reference point and a symbol of the mismatch between crypto’s always-on spot market and traditional derivatives hours. Starting May 29, pending regulatory review, CME says its cryptocurrency futures and options will be available around the clock, seven days a week. The exchange framed…

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…