Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating and might rally if there is a clear move above the $2,150 resistance. Ethereum started a recovery wave above the $2,125 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Aims for Upside Break Ethereum price remained bid above the $2,080 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,100 resistance. The price surpassed the 50% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. However, the bears are active near $2,150. There is also a contracting triangle forming with resistance at $2,150 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,140 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,110, the price could attempt another increase. Immediate resistance is seen near the $2,140 level. The first key resistance is near the $2,150 level or the 61.8% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. The next major resistance is near the $2,176 level. A clear move above the $2,176 resistance might send the price toward the $2,220 resistance. An upside break above the $2,220 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,265 resistance zone or even $2,320 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,150 resistance, it could start a fresh decline. Initial support on the downside is near the $2,110 level. The first major support sits near the $2,065 zone. A clear move below the $2,065 support might push the price toward the $2,020 support. Any more losses might send the price toward the $2,000 region. The main support could be $1,940. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,020 Major Resistance Level – $2,150
The CLARITY Act's passage could position the US as a leader in digital asset regulation, fostering innovation and market stability.
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Crypto analyst Will Taylor, known as Cryptoinsightuk on X, said XRP’s market-cap dominance still shows a bullish structure despite its recent pullback from a key range high. His latest chart of XRP.D maps a potential long-term move toward 31.26% dominance, far above the current area near 3.315%. Taylor’s argument centers on market structure rather than short-term sentiment. In the chart, XRP dominance is shown holding above a major horizontal level around 3.315%, after breaking out from a multi-year range and failing to fully clear the 6.127% area. The weekly setup then compresses into a descending wedge, with the analyst suggesting that the retracement has not yet invalidated the broader breakout. “As I look at $XRP.D, I still struggle to feel bearish here,” Taylor wrote. “What I think we’re seeing is: a completed Wyckoff accumulation, a breakout above the major 3.315% resistance, a failed attempt to fully break through the 6.127% range high, then a pullback into a compressed descending wedge.” The Path To 31% Market Dominance For XRP The chart presents 6.127% as the next major range high, while 31.26% is marked much higher on the dominance scale as a possible upside objective. That framing implies an aggressive expansion in XRP’s share of the total crypto market if the analyst’s continuation thesis plays out. It does not require XRP alone to rise in isolation; dominance can also increase if XRP outperforms other major crypto assets during a broader rotation. Related Reading: XRP’s Big Buyers Returned In April But left In May: Capital Inflows Data Explains The Shift Taylor’s focus is on the behavior after the failed push through 6.127%. Rather than seeing the rejection as evidence of distribution, he described the current structure as compression. In his view, a decisive bearish breakdown would likely look different, with stronger downside momentum and heavier sell pressure. “To me, that matters,” he said. “Because descending wedges are often reversal / continuation structures, especially when they’re paired with diminishing volume. If sellers were truly in control, I’d expect to see expanding downside volatility and aggressive sell volume, not compression.” The chart also includes RSI, which has been trending lower alongside price compression. Taylor argued that this does not yet represent a full structural breakdown. Instead, he said the indicator appears to be compressing in its own downtrend while XRP dominance holds above the breakout zone. That distinction is central to his thesis. A market that breaks out, rejects at a higher resistance, then consolidates above former resistance can still be read as constructive, provided the former breakout level is defended. In this case, the 3.315% zone is the key reference point. A sustained loss of that area would weaken the continuation argument, while a breakout from the wedge could bring the 6.127% range high back into focus. The Wyckoff Thesis The Wyckoff labels on Taylor’s chart are central to the bullish reading. The structure marks a long accumulation sequence beginning with preliminary support, or PS, followed by a selling climax and secondary test around the 2020–2021 lows. The subsequent automatic rally, secondary test and “spring” are presented as the base-building phase before XRP dominance reclaimed higher ground. Related Reading: Solana ETF Falls Behind As XRP Collects More Cash—Here’s The Catalyst Driving The Split From there, the chart identifies a move over the “creek”, a Wyckoff term often used to describe the transition out of an accumulation range, followed by a sign of strength near the 6.127% range high. The latest pullback is labeled as an LPS, or last point of support, which in Wyckoff analysis is typically watched as a potential higher-low area before continuation. That makes the 31.26% marker more than a loose upside arrow in Taylor’s framing. The chart is effectively arguing that XRP dominance has moved from accumulation into markup, with the current descending wedge serving as a possible consolidation above the breakout zone rather than evidence of failed demand. The bullish case depends on that LPS interpretation holding; if the structure breaks back below the reclaimed 3.315% level, the Wyckoff continuation thesis would become harder to defend. Taylor also framed the setup as one that may need a catalyst. “It honestly feels like XRP dominance is waiting for a catalyst before attempting another move higher,” he wrote. “I know this goes against a lot of current sentiment and market interpretation, but I’d genuinely love to hear the bearish argument from here structurally, because right now I still see more signs pointing toward bullish continuation than full distribution.” The 31.26% marker gives the chart its most striking implication, but the nearer technical question is whether XRP dominance can continue to hold the reclaimed 3.315% level and resolve the wedge to the upside. For now, Taylor’s read is clear: the structure has pulled back, but in his view, it has not yet broken. At press time, XRP traded at $1.36. Featured image created with DALL.E, chart from TradingView.com
Bitcoin price started a recovery wave above the $77,000 zone. BTC is consolidating and might aim for more gains if it clears the $78,000 resistance zone. Bitcoin managed to form a base above $76,200 and started a recovery wave. The price is trading above $77,000 and the 100 hourly simple moving average. There is a contracting triangle forming with resistance at $77,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $78,000 zone. Bitcoin Price Eyes Fresh Gains Bitcoin price remained supported above the $76,500 zone. BTC formed a base and settled above $76,800 to start a recovery wave. There was a move above the $77,000 and $77,200 levels. The bulls were able to push the price above the 23.6% Fib retracement level of the downward move from the $82,016 swing high to the $76,020 low. However, the bears are active near $78,000. There is also a contracting triangle forming with resistance at $77,900 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $77,200 and the 100 hourly simple moving average. If the price remains stable above $77,200, it could attempt a fresh increase. Immediate resistance is near the $78,000 level. The first key resistance is near the $78,500 level. A close above the $78,500 resistance might send the price further higher. In the stated case, the price could rise and test the $79,000 resistance or the 50% Fib retracement level of the downward move from the $82,016 swing high to the $76,020 low. Any more gains might send the price toward the $81,200 level. The next barrier for the bulls could be $82,000. Another Drop In BTC? If Bitcoin fails to rise above the $78,000 resistance zone, it could start another decline. Immediate support is near the $77,200 level. The first major support is near the $76,800 level. The next support is now near the $76,200 zone. Any more losses might send the price toward the $75,000 support in the near term. The main support now sits at $74,200, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $76,800, followed by $76,200. Major Resistance Levels – $78,000 and $79,000.
Hyperliquid price surged more than 18% in the past 24 hours, pushing the token within touching distance of its all-time high. According to CoinGecko, HYPE is now just 1.4% away from breaking its previous ATH of $59.30, which was set on September 18, 2025. The rally comes as Hyperliquid continues strongly outperforming the broader crypto …
Google's global expansion of AI creative tools could reshape content creation, challenging industry leaders and altering creative workflows.
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Ark Invest bought a total of 139,117 shares of Bullish, worth about $5 million, across three of its ETFs on Thursday.
RLUSD's rapid growth underscores the increasing demand for regulated stablecoins, potentially boosting Ripple's cross-border payment solutions.
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JPMorgan's AI focus may reshape workforce dynamics, emphasizing tech roles over traditional banking, impacting job structures and cost efficiency.
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Binance's move democratizes access to pre-IPO speculation, potentially increasing market participation but also amplifying volatility risks.
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Nakamoto sold 284 Bitcoin on the last day of March just to keep the lights on. That detail, buried in the company’s first-quarter financial results, tells the story of where one of the country’s Bitcoin treasury companies now stands. Related Reading: Crypto Access To Banks In Focus After Trump’s New Executive Order A Company Running Low On Options? The Bitcoin accumulation strategy that once drove Nakamoto’s stock above $25 a share has given way to something far less glamorous — selling Bitcoin to cover operating costs. The company reported a net loss of $238 million for the first quarter of the year, with more than $102 million of that tied to a drop in the value of its Bitcoin holdings after the cryptocurrency fell 20% during the quarter. Revenue jumped 500% quarter over quarter, but the losses swamped those gains. Nakamoto holds 5,058 Bitcoin, making it the 20th largest corporate Bitcoin holder in the world, just behind ProCap Financial. Michael Saylor’s Strategy sits at the top of that list with more than 843,000 Bitcoin on its balance sheet — a gap that makes clear how far down the pecking order Nakamoto falls. Following Stockholder Approval, Nakamoto Announces 1-for-40 Reverse Stock Split to be Effective May 22, 2026 Read the full announcement here: https://t.co/AnqTXttIMQ — Nakamoto (@nakamoto) May 20, 2026 Racing The Clock On Nasdaq The company is now focused on a more immediate problem: staying listed on the Nasdaq. Last December, Nasdaq sent Nakamoto a warning after its stock price dropped below $1 for 30 straight trading days. The deadline to fix that is June 8, and the fix the company has chosen is a 1-for-40 reverse stock split, set to take effect Friday. The move was approved by shareholders at a special meeting earlier this month. Under the plan, every 40 shares get combined into one, shrinking the total share count from 696 million down to 17.4 million. The stock closed at 16 cents Wednesday — down 7.5% for the day and more than 99% below where it traded a year ago. A reverse split does not change a company’s overall market value. It is a structural adjustment designed to push the price per share above a listing threshold. Related Reading: Zcash Soars 88% In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle? Consolidation Ahead For The Sector Nakamoto’s troubles are not unique. Reports indicate that crypto treasury companies broadly have been in a downturn since 2025, with many trading below the value of the assets on their books. Some have begun selling their Bitcoin holdings to pay down debt. One company, Genius Group, liquidated its entire 84 Bitcoin reserve in February for that purpose. Featured image from Unsplash, chart from TradingView
Resources will be redirected to focus on growing Zerion's API and wallet service, the team said in a Thursday statement.
Workday's margin forecast boost and AI-driven efficiency highlight its potential for sustainable growth amidst competitive pressures.
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Market optimism from potential US-Iran diplomacy could lower energy costs, benefiting consumers but challenging US shale producers.
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Coinbase's launch could revolutionize equity trading by enhancing liquidity and efficiency, but regulatory changes may impact its long-term viability.
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Record Dow close amid falling oil prices suggests potential easing of inflation pressures, impacting Fed policy and market dynamics.
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The rush to file for compute futures ETFs highlights Wall Street's eagerness to capitalize on emerging tech markets, despite regulatory uncertainties.
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The modest output increase amid significant supply disruptions highlights the volatility and unpredictability of global oil markets.
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The Pentagon's AI model shift highlights tensions between ethical AI development and military demands, impacting future defense tech collaborations.
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Iran's formalized transit fees in the Strait of Hormuz could elevate global oil prices, impacting economies reliant on Middle Eastern oil.
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The rally suggests a shift in investor focus towards traditional equities, potentially indicating a preference for stability over tech and crypto.
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Yakovenko's view suggests that SOL's currency role has minimal impact on its value, emphasizing liquidity's importance over token denomination.
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The Pentagon's loan reconsideration could undermine U.S. efforts to reduce reliance on Chinese minerals, affecting future federal investments.
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Bitcoin (BTC) is trapped in its new consolidation band, holding between about $76,000 and $78,500. That range has now become the market’s near-term battlefield, with BTC roughly 38% below its all-time highs. While this sideways action may appear stable, a new CryptoQuant report argues that miners themselves don’t yet believe the market has fully reached a bottom. No Panic, Still Cautious The report points to a key indicator: the decline in Binance Pool Miner Reserve data. Since Binance Pool accounts for a large portion of the global hash rate, its behavior is often treated as a useful proxy for broader miner sentiment. In this case, falling reserves suggest that Bitcoin miners within the pool are continuing to trim what they hold in reserve. Typically, reserve reduction can reflect ongoing operational selling pressure, meaning miners are still supplying BTC to the market rather than stepping back completely. Related Reading: Hyperliquid (HYPE) Breaks New All-Time High—Surges Past $62 As Momentum Spikes At the same time, the report adds an important nuance through another metric: the Miners’ Position Index (MPI) staying in negative territory. That detail matters because it implies miners are not selling aggressively in a way that resembles historical panic behavior. In other words, the Bitcoin selling activity they’re showing appears more tied to necessity than to a full-scale rush to get out. CryptoQuant frames this as a reason the risk of an abrupt, catastrophic price dump remains relatively low for now. The Puell Multiple is also cited as supporting the same overall interpretation. CryptoQuant notes that the Puell Multiple remaining below 1 indicates miner revenues are still weak and under pressure compared with historical baselines. Practically, that means miners are operating in a stressed environment, but they are not necessarily accumulating aggressively because Bitcoin still hasn’t delivered the kind of bullish breakout that would typically encourage stronger positioning. Instead, miners look like they’re in a wait-and-watch mode. CryptoQuant says this kind of behavior is often observed near bottom formations, even if it doesn’t confirm one has fully formed yet. Bitcoin Price Outlook ‘Mixed’ Looking at what this means for price, the picture is mixed. The drop in miner reserves implies some BTC supply is still moving into the market. However, because the MPI remains weak (but not in a “panic selling” pattern), CryptoQuant suggests the resulting selling pressure may not be large enough to trigger a sudden Bitcoin collapse. Related Reading: Circle’s Next Step: Hyperliquid (HYPE) Integration As The Catalyst For Real Supply-Share Gain That aligns with the current chart structure, which continues to suggest sideways consolidation for a while longer. CryptoQuant also brings in an additional perspective from a separate report: whales reportedly bought near $78K and are now distributing in the $77K–$81K area. At the same time, exchange reserves are described as being at a monthly high, which is another sign that selling pressure is elevated. In that context, CryptoQuant’s implication is straightforward—if Bitcoin breaks down again and loses $76K, selling pressure could intensify quickly. At the time of writing, Bitcoin was trading at $77,763, having recorded a decline of almost 5% after failing to break above and hold $83,000 during last week’s rally. Featured image created with OpenArt, chart from TradingView.com
The surge in natural gas projects highlights the tension between AI's growing energy demands and the sustainability goals of tech giants.
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A prolonged Strait of Hormuz closure could severely disrupt global oil supply, leading to economic instability and potential recessionary impacts.
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The AI shift is reshaping the mining landscape, creating opportunities for dedicated Bitcoin miners to expand amid reduced hardware costs.
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The sanctions highlight increased US efforts to disrupt Hezbollah's influence, emphasizing personal accountability and global cooperation.
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Google's AI-driven search overhaul could disrupt web traffic dynamics, challenge standalone apps, and influence AI-related digital assets.
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Data shows the Bitcoin Coinbase Premium Index remained at negative levels despite the rebound in BTC’s spot price back toward $78,000. Bitcoin Coinbase Premium Gap Points To Selling Pressure From US Traders As pointed out by analyst Axel Adler Jr in an X post, the Bitcoin Coinbase Premium Index has been inside the negative territory recently. This indicator tracks the percentage difference between the BTC spot price listed on Coinbase (USD pair) and that on Binance (USDT pair). Related Reading: Bitcoin ETF Inflows Are Underperforming In 2026, Data Shows In short, what this metric tells us about is how the trader’s buying and selling behaviors compare between Coinbase and Binance. Below is the chart shared by Adler Jr that shows the trend in the Bitcoin Coinbase Premium Index over the past year: As is visible in the graph, the Bitcoin Coinbase Premium Index was at mostly positive levels during the second half of 2025, indicating that the asset was going for a higher price on Coinbase as compared to Binance. Such a trend naturally implies that Coinbase users were providing a higher amount of buying pressure. The trend flipped toward the end of the year as Coinbase users took to selling alongside the price drawdown. From the chart, it’s visible that 2026 only furthered the downward trajectory in the metric, with a massive negative peak coming alongside the crash at the start of February. As the market has stabilized since this crash, the index has also calmed down, but negative values have still largely dominated. Interestingly, the latest streak of red levels has come despite the recent recovery that BTC has witnessed. Coinbase’s main traffic is made up of US-based investors, with institutional entities from the nation being prominent customers for the platform. The spot exchange-traded funds (ETFs), which have been around for nearly 2.5 years now and have acted as a gateway for institutions, also use the exchange as a custodian. In recent years, the price has often tended to correlate with the Coinbase Premium Index, suggesting that American whales have driven the market. As such, it may not be surprising that the recent recovery surge fizzled out when Coinbase users didn’t back it. Related Reading: Bitcoin Fall Under $77,000 Triggers Spike In Social Media FUD This pattern may also have played out again on a shorter timeframe. During the past day, Bitcoin witnessed a surge back toward the $78,000 level, but the move couldn’t last, and the coin has since retraced. The Coinbase Premium Index is sitting at a value of -0.098 right now, which is the lowest level this month. This relatively high selling pressure on Coinbase may be the source of the retrace. BTC Price Bitcoin has returned to the $77,300 mark following its latest pullback. Featured image from Dall-E, chart from TradingView.com