Bitcoin’s market dominance climbed above 61% as BTC led crypto market flows. Data also showed Binance-listed altcoins’ share of volume hitting 49% in March. Bitcoin dominance climbed to 61% on Wednesday, its highest level since November 2025. The metric has risen from 58.44% at the start of April, proving that the bullish trend continues to favor BTC over the wider crypto market. In the last two months, altcoin volumes on Binance also increased by 49%, while 12.6% of altcoins on Binance reclaimed their 200-day simple moving average (SMA). Bitcoin dominance,…
Tag: Market
Saylor says Strategy may Sell Bitcoin to Inoculate Market
Strategy executive chairman Michael Saylor said his firm could sell Bitcoin to “inoculate” the market against sudden panic or to reinforce confidence in the company, in contrast to its long-standing “never sell” Bitcoin strategy. “We’ll probably sell some Bitcoin to fund a dividend, just to inoculate the market, just to send the message that we did it,” Saylor said during the Strategy’s first-quarter earnings call on Tuesday. Market participants will realize that “the company’s fine, the Bitcoin’s fine, the industry’s fine, the world didn’t come to an end,” Saylor said…
Bitcoin Market Rocked By $1.6 Billion Wave Of Aggressive Selling
If Bitcoin closes above $80,000 on a daily candle, a short squeeze could send prices racing toward $82,230 — a level that hasn’t been tested in seven months. Related Reading That’s the scenario analysts are watching after a massive wave of selling halted Bitcoin’s climb at a key resistance zone over the weekend. Short Sellers Dominate The Derivatives Market Data from Binance futures shows nearly 63% of open positions are currently short, meaning a large share of traders are betting on lower prices. According to analyst Frigg, that setup cuts…
Ripple CEO Says Market Structure Bill Not a ‘Done Deal,’ Despite Stablecoin Compromise
Brad Garlinghouse, CEO of Ripple Labs, warned Tuesday that recent progress on the digital asset market structure bill in the US Senate did not guarantee success for the legislation, speculating that the next two weeks would be crucial. Speaking at the Consensus crypto conference in Miami, Garlinghouse said that the likelihood of the market structure bill, the CLARITY Act, passing would “drop precipitously” if not addressed in the next two weeks. According to the Ripple CEO, the bill would be “too much of a loaded issue” amid campaigns for the…
Prophet launches AI-powered prediction market with live $10,000 trading tranche
Cape Town, South Africa, May 5, 2026 — Prophet, an AI-native prediction market platform, has launched its first live trading tranche, introducing a system where an AI model acts as the counterparty to user trades using real capital. The initial deployment allocates $10,000 in USDC to an AI-powered trading system and opens participation to users on the platform. Instead of matching buyers and sellers, the system allows users to trade directly against the AI, which generates probability-based pricing for each market. What has launched Prophet’s “Tranche 1” is a limited-access…
Coinbase’s Brutal Cuts Signal Something Is Wrong With The Crypto Market
Coinbase CEO Brian Armstrong announced on Tuesday, May 5, that the company will reduce its workforce by approximately 14% — a move Armstrong described as “sudden and harsh” but necessary to position the exchange for what he called a new phase of AI-driven operations. Related Reading In a post on X shared with employees, Armstrong outlined two converging forces behind the decision: the persistent volatility of crypto market cycles and the accelerating impact of artificial intelligence on how the company operates internally. Based on Coinbase’s last disclosed full-time employee count…
Prediction Market Traders Push April 2026 Volume to $8.6B, Kalshi Takes the Lead – Bitcoin News
Key Takeaways: Kalshi posted $5.42B in April 2026 taker volume, surpassing Polymarket’s $1.99B for the first time. Polymarket collected $29.22M in April fees despite trailing Kalshi in volume, signaling higher-value contracts. Prediction market open interest hit $1.11B on May 1, 2026, with Kalshi and Polymarket holding 98% of it. Kalshi Holds $630M in Open Interest as Sector-Wide OI Tops $1.1B at the Start of May Essentially, prediction markets are platforms where participants buy and sell contracts tied to the outcome of future events, from elections and sports to crypto prices…
Discover What Happens When A Market Gets This Thin
XRP has been consolidating since February, grinding through a sideways range that has tested the patience of holders waiting for the decisive move that an increasing number of analysts are beginning to call for. The longer the consolidation extends, the more compressed the eventual breakout tends to be — and an Arab Chain report has just identified a structural condition in the market data that adds a specific and alarming dimension to the current setup. Related Reading XRP’s 30-day liquidity index on Binance has dropped to 0.038 — its lowest…
Bitcoin Nears Structural Shift Amid Changing Market Conditions — What This Means
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…
Market Analyst Predicts Bitcoin And Ethereum Prices For The Next 3 Quarters
Bitcoin is trading close to $80,000 in the first week of May; Jerome Powell is weeks away from stepping down as Federal Reserve chair; the S&P 500 is at an all-time high; and sentiment across crypto markets is slowly turning positive. Crypto trader and market analyst Aralez has stepped forward with a full arc of the industry’s next major cycle that stretches from the second quarter of 2026 into the end of 2027. The prediction starts with a bearish short-term outlook for both Bitcoin and Ethereum, but it does not…