Onchain sleuth ZachXBT flagged a potential exploit of Polymarket's UMA CTF Adapter on Polygon, with $520K reportedly drained so far.
Michael Saylor is calling $60,000 Bitcoin’s floor. The Strategy co-founder made the claim during a Thursday appearance on CNBC’s Squawk Box, saying the asset is now entering what he described as a “spring phase” — backed by solid support levels and a favorable broader market environment. Related Reading: Zcash Soars 88% In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle? A Target Built On Bold Math Saylor’s confidence ties back to a specific projection he has held for some time: a 30% average annual return for Bitcoin. That number forms the backbone of his prediction that Bitcoin will hit $13 million by 2045, a figure he arrived at by modeling a 29% yearly return sustained over roughly 19 years. Among the forces he expects to drive that growth are institutional adoption, government-level treasury strategy, and Bitcoin’s fixed supply — factors he believes will pull capital away from gold and traditional financial markets. $MSTR Co-Founder @saylor explains why he thinks $BTC will outperform the S&P 500 over time:https://t.co/REOnScJVPZ — Squawk Box (@SquawkCNBC) May 21, 2026 The S&P 500, one of the most closely watched benchmarks in global finance, tracks 500 of the largest publicly traded companies in the US. It has delivered an average annual return of around 10%, making it a reliable standby for investors who want steady, long-term growth. Saylor is betting Bitcoin can do triple that — a claim he repeated plainly on Squawk Box: “We expect 30%.” Numbers Tell A Complicated Story The current numbers don’t immediately support his case. As of the time of his interview, Bitcoin was down 12% for the year while the S&P 500 had gained 8%, according to Google Finance. Saylor has long maintained that short-term swings don’t define Bitcoin’s trajectory, and he reiterated that position Thursday, pointing instead to what he sees as a building wave of regulatory and institutional support. Among the specific developments he cited was the CLARITY Act, which cleared the US Senate Banking Committee last week with bipartisan support after months of delays. He also pointed to upcoming innovation exemption guidelines from the US Securities and Exchange Commission aimed at allowing securities tokenization on crypto networks, calling it a potentially major development for the industry. Related Reading: Analyst Warns XRP Could ‘Shake Out’ Traders Before Major Breakout Looking Ahead To A Bigger Market Share Saylor has made similar predictions before. Earlier this year, he said Bitcoin would double or triple the S&P 500’s returns over the next four to eight years. His longer-range view sees Bitcoin eventually overtaking gold in total market value by 2035, pulling in fresh capital that was previously locked in conventional assets. Featured image from Unsplash, chart from TradingView
The influx of new equity from SpaceX's IPO could strain market liquidity, prompting volatility and capital reallocation challenges.
The post Tom Lee warns SpaceX IPO could flood markets with $2T in new liquidity appeared first on Crypto Briefing.
The euro-denominated stablecoin consortium Qivalis has received backing from 37 banks across 15 countries, and the asset is planned to launch in the second half of the year. ING noted that stablecoins already serve wholesale cross-border payments and blockchain-based bond settlement, but most of that activity is denominated in US dollars, creating currency exposure for […]
The post Europe’s 37-bank stablecoin push tests whether on-chain finance defaults to euros or dollars appeared first on CryptoSlate.
Near Protocol will introduce dynamic resharding in June, allowing the blockchain to automatically add shards as demand grows without human intervention.
A crypto analyst remains highly bullish on several altcoins despite waiting patiently for better entry points before buying. According to the analyst, projects like Monad and Canton are among the strongest long-term plays if Bitcoin revisits lower support zones near the 200-week moving average. Monad (MON) Tops the Buy List One of the main projects on …
AMD's reliance on China highlights the geopolitical risks and potential growth opportunities in the semiconductor industry amid export controls.
The post AMD CEO Lisa Su says China still accounts for about 20% of revenue despite GPU export controls appeared first on Crypto Briefing.
Mike Eidlin, head of Japan at cryptocurrency exchange Jupiter, is leading Polymarket's efforts, according to reports.
AMD's projected CPU market growth signals a shift in AI infrastructure, potentially reshaping data center strategies and competitive dynamics.
The post AMD CEO Lisa Su forecasts 35% annual growth in CPU market over five years appeared first on Crypto Briefing.
An attacker transferred 4,052.4 ETH worth $8.5 million back to Verus on Friday after the team proposed a bounty framework.
BTC's implied volatility is a picture of calm even as financial headlines warn of macro risks.
Bitcoin rallied for 90 days after its dip below $60,000, breaking the record for the longest uptrend within a bear market in BTC price history.
Warsh's Fed leadership could shift monetary policy, impacting crypto markets and inflation dynamics, with potential long-term economic effects.
The post Trump to swear in Kevin Warsh as Federal Reserve chair on May 22 appeared first on Crypto Briefing.
Hyperliquid has continued to expand considerably, reaching new highs at $62.14 during the previous trading day. The trading volume also doubled to $1.58 billion, signifying the rise in the traders’ participation. At the same time, the speculative activity across the derivative market has accelerated rapidly, which has pushed the Open Interest to new highs. Despite …
Michael Saylor said during an interview with CNBC that he expects Bitcoin to continue outperforming traditional markets over the long term, despite recent volatility across crypto and macro markets. “We think Bitcoin’s going up more than the S&P index over time,” Saylor said. “We expect 30%, but it doesn’t matter if it’s 10 or 20%.” …
The integration of PancakeSwap's Infinity CL pools with Maestro Bots could redefine DeFi accessibility, emphasizing ease of use and automation.
The post PancakeSwap Infinity CL pools go live on BNB Chain and Base via Maestro Bots appeared first on Crypto Briefing.
Polymarket's Japan approval could set a precedent for prediction markets in strict regulatory environments, influencing global policy shifts.
The post Polymarket seeks Japan market approval by 2030 for prediction markets appeared first on Crypto Briefing.
TSMC's Arizona expansion bolsters US chip manufacturing, enhancing supply chain resilience but posing cost challenges for AMD and the sector.
The post TSMC Arizona production progresses well, says AMD CEO appeared first on Crypto Briefing.
U.S. spot Bitcoin ETFs continued seeing heavy outflows for the straight five days with total withdrawals reaching nearly $1.63 billion. The biggest selling came from BlackRock’s Bitcoin ETF, (IBIT), as institutions continued reducing exposure. Meanwhile Bitcoin price continues to struggle below the $78,000 level. BlackRock Leads Bitcoin ETF Outflows On May 21 alone, the Bitcoin …
Spotify's AI partnership with Universal Music could reshape industry norms, influencing AI licensing across creative sectors and boosting revenue.
The post Spotify partners with Universal Music to enhance AI features and sets ambitious growth targets through 2030 appeared first on Crypto Briefing.
A petition in South Korea calling for the removal of a planned 22% crypto gains tax has surpassed 50,000 signatures, forcing lawmakers to review it in the National Assembly’s Finance and Economy Committee. The tax, set to begin in 2027, would apply to crypto profits above roughly $1,800. Supporters of the petition argue the policy …
The sanctions deepen US-Iran tensions, complicate Lebanon's political landscape, and heighten compliance burdens for global financial systems.
The post US sanctions nine individuals including Iran’s ambassador to Lebanon over Hezbollah ties appeared first on Crypto Briefing.
The surge in new XRP wallets suggests increased network engagement, potentially driving future trading volume and price movements.
The post XRP adds 4,300 new wallets in 24 hours, signals growth spike appeared first on Crypto Briefing.
Binance pool miner reserves slipped from 41,987 to 41,915 in May, a small but telling sign that selling pressure from miners has not fully stopped. Crypto analysts said that because Binance Pool controls a major share of global hash rate, its behavior tends to reflect how Bitcoin miners feel before the broader market catches on. Related Reading: Bitcoin Treasury Company Nakamoto Takes Action To Prevent Stock Slide The Miner Position Index remains below historical panic-selling levels, and the Puell Multiple — a gauge of miner revenue relative to long-term averages — is still under one. Analysts described the current miner behavior as a “wait phase,” a pattern that has appeared near cycle bottoms before. Long-Term Holders Take Over The Supply Side More than 70% of all circulating Bitcoin is now sitting in the hands of investors who have held for at least a year. That figure crossed back above 15 million BTC for the first time since October 2025, according to data from CryptoQuant. ???? $BTC Long Term Holders Just Flashed The Signal That Preceded Every Major Expansion Phase Since 2012.#Bitcoin The 1Y+ Long Term Holder metric has now dropped back into the historical “oversold” accumulation zone, a region that previously appeared before explosive upside… pic.twitter.com/9ZHwKFJRm9 — CryptoZeno (@CrypZeno) May 20, 2026 Analyst CryptoZeno said the one-year-plus holder metric has returned to a zone that, in past cycles, came just before major price climbs. Based on reports citing CryptoZeno’s analysis, similar readings appeared ahead of upside moves in 2013, 2016, 2019, and late 2022. When these holders are buying instead of selling, available supply tightens — and historically, that has not been a good time to bet on lower prices. A Key Technical Signal Flips Bullish The weekly Relative Strength Index for Bitcoin retested the 50 level this week, triggering a bullish read from crypto analyst Sykodelic. That retest came 105 days after Bitcoin’s weekly RSI fell into oversold territory — only the fourth time that has happened on record. Sykodelic noted that three of those four instances led to long-term price expansion. The one exception was 2022, when the FTX collapse dragged the market to new lows after an initial recovery attempt, and the RSI never managed to reclaim the 50 level during that move. This time, it did. The chance of new lows has become extremely slim. It has now been 105 days since the cycle low, in which the 1W RSI entered oversold… Only for the 4th time ever. The only time Bitcoin made new lows after 105 days after the bottom was in the last cycle. However, the RSI had… pic.twitter.com/ej7vReV8H6 — Sykodelic ???? (@Sykodelic_) May 20, 2026 Odds Of A Drop Below $60,000 Called ‘Extremely Slim’ Taken together, analysts say the data points away from a fresh breakdown. The combination of long-term holders accumulating near historical lows, a technical indicator flipping positive for the first time since February, and miner behavior consistent with past bottoms has analysts broadly aligned on one view. Related Reading: Crypto Access To Banks In Focus After Trump’s New Executive Order The odds of Bitcoin falling below $60,000 again, Sykodelic said, have become extremely slim. Whether that confidence holds will depend on whether the market can avoid the kind of external shock — like a major exchange failure — that broke the pattern in 2022. Featured image from Yellow, chart from TradingView
The transfer was executed on ADI Chain, a layer-2 blockchain designed for institutional payments, treasury operations and trade settlement.
The proposed fund would use covered-call and short-term options strategies designed to generate monthly income alongside Bitcoin exposure through a leveraged structure.
TradFi views the breakup of its previously consolidated, centralized liquidity as a “serious structural threat,” said Tiger Research director Ryan Yoon.
SpaceX's solar facility could revolutionize AI infrastructure by enabling continuous, efficient power for space-based data centers, impacting energy and tech sectors.
The post SpaceX plans 10-gigawatt solar manufacturing facility near Austin appeared first on Crypto Briefing.
The delay highlights internal conflicts and potential regulatory challenges, impacting U.S. competitiveness in the global AI race.
The post Donald Trump postpones AI executive order amid White House infighting appeared first on Crypto Briefing.
CiDi Games has officially rolled out “Elf Continent,” a new virtual world built for Pi Network users inside the Pi Browser. According to CiDi Games, users can access the experience directly through the Pi Browser by logging into the platform with their Pi accounts. After signing in, players can enter the Pi ELF section and …