Crypto

Bitcoin's recent plunge has prompted a wave of investors and observers seeking answers about why the top cryptocurrency is cratering.

"Borrowing up to $100K in USDC against your tokens, instantly, without selling," the announcement reads.

Bitcoin trades in a tight demand zone that formed in 2024, but previous bear market data suggests the channel will break and lead to new lows. Bitcoin’s (BTC) market structure shifted into a corrective phase after losing a key onchain valuation level in late January. Glassnode data shows that BTC's price is compressing within a 2024-era demand zone as liquidity conditions soften. At the same time, BTC's supply is steadily shifting into long-term, retail-linked wallets while exchange activity has cooled. This mix of technical and onchain data, along with the current capital rotation, may shape the next steps for Bitcoin price. Read more

U.S. President Donald Trump’s son Eric Trump acknowledged bitcoin’s volatility but said its upside potential outweighs the risks as prices hover below $70,000.

Russia May Block Foreign Crypto Exchanges Under New Rules The post Russia May Block Foreign Crypto Exchanges Under New Domestic Regulations appeared first on Cryptonews.

The Chicago-based company said it was temporarily suspending client deposits and withdrawals last week due to recent market and financial conditions.

The longtime crypto critic warned against using taxpayer dollars to rescue investors and firms amid the current market slide.

Top derivatives marketplace CME will adopt 24/7 crypto trading on May 29, pending regulatory approval. The CFTC has indicated it supports such moves.

Ether.fi Migrates Crypto Card From Scroll to OP Mainnet The post Ether.fi Moves Crypto Card Product to OP Mainnet From Scroll appeared first on Cryptonews.

New Bitcoin price analysis set out key safety nets for bulls ahead of a potential showdown with Binance traders' aggregate deposit cost basis. Bitcoin (BTC) has four new key support levels to watch as a fresh wave of bearish BTC price action aims to push the market price below $50,000. Key points: Bitcoin’s realized prices remain important milestones as the market forms a long-term floor. Read more

As both the SEC and CFTC explore 24/7 trading hours for US capital markets, several traditional financial exchanges file to expand hours in anticipation of such a move. CME Group, the world’s largest derivatives exchange, said Thursday that crypto options and futures contracts will begin trading 24 hours a day, seven days a week on May 29, pending regulatory approval.  “CME Group Cryptocurrency futures and options will trade continuously on CME Globex with at least a two-hour weekly maintenance period over the weekend,” according to the parent of The Chicago Mercantile Exchange’s announcement. All trading activity on market holidays and weekends will be cleared, settled and posted the following business day, with regulatory reporting also filed on the following day, CME Group said. Read more

The headline may look like ragebait but at the current outflow rate its an objective truth. Since Bitcoin hit its all-time high last October, US spot Bitcoin ETFs have seen outflows on 55 days out of 89. If this doesn't turn around before the next halving there will be a lot less BTC inside ETF […] The post Bitcoin ETFs will go to zero sooner than we think if outflows don’t slow down as $8.5B leaves since October appeared first on CryptoSlate.

A deep look at predictions on Kalshi called such platforms valuable to policymakers and researchers, according to a new Fed paper.

As AI systems grow more autonomous, Walrus argues that verifiable data infrastructure will determine which systems earn trust.

Public Bitcoin miners are developing 30 gigawatts of AI-focused power capacity, nearly triple current levels, as post-halving margin pressure reshapes the industry. Public Bitcoin miners are planning about 30 gigawatts of new power capacity aimed at artificial intelligence workloads, nearly three times the 11 GW they currently have online, as they race to offset shrinking mining margins and reposition for the next growth cycle. The buildout, compiled by TheEnergyMag across 14 publicly traded Bitcoin (BTC) miners, underscores how aggressively the industry is pivoting away from traditional hashpower amid persistently weak hashprice conditions. On paper, the planned expansion amounts to what TheEnergyMag described as “a small country’s worth of power infrastructure.” In reality, much of the 30 GW sits in development pipelines, interconnection queues or early-stage plans, rather than operational facilities. Read more

Coinbase CEO Brian Armstrong Reveals New Retail User Data The post Brian Armstrong Shares Fresh Coinbase Retail Metrics – What the Data Shows appeared first on Cryptonews.

The Minneapolis Fed president said stablecoins don’t beat Venmo and argued crypto fails basic real-world tests.

Ethereum developers plan major protocol changes in 2026, combining scaling, security hardening, and UX improvements following last year's network upgrades.

Bitcoin fed into "extreme bearish sentiment" as a tight BTC price range fueled daily crypto liquidations of over $200 million. Bitcoin (BTC) fielded fresh downside predictions Thursday as BTC price action kept long liquidations high. Key points: Bitcoin price analysis sees lower levels coming amid a lack of a “strong bounce.” Read more

Centralized exchanges are moving forward building their own blockchain infrastructure even as the broader Ethereum ecosystem debates its future.