Professional trading desk with Bitcoin chart approaching $82K resistance amid macroeconomic data
Bitcoin News

Bitcoin longs surge as traders defend $76K support despite weak US economic data

Bitcoin (BTC) briefly touched $78,000 on Thursday before retreating, as a cautious outlook from retail giant Walmart and growing expectations of tighter US monetary policy weighed on risk assets. Yet, professional traders have been quietly increasing their bullish positions, signaling confidence that the $76,000 support level can hold. Top traders turn bullish despite macro headwinds […]

Trump Media headquarters building with a person looking at a smartphone showing a Bitcoin chart and ETF symbol.
Ethereum News

Trump Media Withdraws SEC Filings for Truth Social Bitcoin ETF and Two Other Funds

Trump Media & Technology Group (TMTG), the parent company of the Truth Social platform, has formally withdrawn its Securities and Exchange Commission (SEC) filings related to the launch of three new exchange-traded funds (ETFs), including a Bitcoin-focused fund. The decision, confirmed in recent regulatory documents, marks a significant pivot in the company’s digital asset strategy […]

Bitcoin price chart on a trading monitor with a downward trend, indicating market volatility
Bitcoin News

Bitcoin’s Coinbase premium hits six-week low, but longer-term demand shows signs of stabilization

Bitcoin’s price metric closely watched by bullish traders, the Coinbase Premium Index, fell to a six-week low on May 19, reflecting a wave of profit-taking that saw holders realize $1.14 billion in daily gains. However, beneath the surface, longer-term demand signals suggest the market may be stabilizing rather than entering a sustained downturn. Coinbase Premium […]

A dark trading floor with a large digital screen showing a declining Ethereum price chart, reflecting bearish market sentiment.
Ethereum News

Ethereum Sentiment Plunges to Most Bearish Level Since 2023 Despite Bitmine’s Aggressive ETH Accumulation

Ethereum (ETH) is facing its most negative market sentiment in over three years, according to on-chain and derivatives data, even as institutional interest remains visible through Bitmine’s ongoing ETH accumulation. The divergence between price action and whale activity has created an unusual tension in the market, leaving traders and analysts debating the next direction for […]

Trader observing Ethereum price drop on multiple monitors in a dimly lit trading floor
Ethereum News

Wintermute Warns Ethereum Is the Wrong Trade as ETH Slides 10% This Week

Crypto trading firm Wintermute has publicly signaled that Ethereum is currently the wrong trade, as the second-largest cryptocurrency by market capitalization suffered a 10% decline over the past week. The statement from the algorithmic market maker has added to growing unease among institutional and retail investors alike, raising questions about ETH’s near-term price trajectory and […]

Senator Elizabeth Warren speaking at a Senate Banking Committee hearing on crypto regulation
Bitcoin News

Senator Warren accuses OCC chief of violating banking law with crypto trust charter approvals

Senator Elizabeth Warren has accused the acting Comptroller of the Currency, Jonathan Gould, of violating federal banking law by approving national trust charters for at least nine cryptocurrency companies. In a letter sent Monday, the Massachusetts Democrat argued that the Office of the Comptroller of the Currency (OCC) exceeded its legal authority by granting charters […]

Interior of a large cryptocurrency mining facility with rows of mining rigs lit by blue and green LEDs.
Ethereum News

Bitmine Acquires 71,672 ETH Amid Ethereum Price Dip, Signaling Long-Term Confidence

Bitmine, a prominent cryptocurrency mining and investment firm, has acquired 71,672 Ether (ETH) during a period of declining prices for the second-largest digital asset. The purchase, executed over recent days, represents one of the largest single-entity ETH accumulations observed in the current market cycle and signals a strong vote of confidence in Ethereum’s long-term value […]

NYDFS building in Lower Manhattan, symbolizing regulatory approval for Galaxy Digital's BitLicense.
Bitcoin News

Galaxy Digital receives New York BitLicense, expanding institutional crypto reach

Galaxy Digital, the crypto-focused financial services firm led by Mike Novogratz, has secured a BitLicense and a Money Transmission License from the New York State Department of Financial Services (NYDFS). The approvals, granted to its subsidiary GalaxyOne Prime NY, allow the company to offer regulated trading and financing services to institutional investors in New York, […]

Ethereum logo with red trading charts and oil price data in background
Ethereum News

Ethereum Faces Selling Pressure as Oil Prices Rise, Risk Appetite Wanes

Ethereum, the second-largest cryptocurrency by market capitalization, is encountering renewed selling pressure this week as a sharp climb in global oil prices dampens investor risk appetite across financial markets. The digital asset, which had been attempting to stabilize above the $3,200 level, has slipped lower in tandem with broader equity and crypto declines, reflecting growing […]

Digital newsroom desk with Bitcoin chart, THORChain recovery portal, and Italian bank reference
Bitcoin News

Today in Crypto: Saylor Signals BTC Buy, Italian Bank Doubles Holdings, THORChain Opens Recovery Portal

The cryptocurrency market saw three significant developments on May 17, 2026, spanning institutional adoption, corporate strategy, and security incident response. Strategy chairman Michael Saylor signaled a pending Bitcoin purchase, Italy’s largest bank more than doubled its crypto exposure, and THORChain launched a user recovery portal following a $10 million exploit. Saylor Signals Another Bitcoin Buy […]