After he was officially backed by US President Donald Trump during his first term, Jerome Powell was sworn in as Chairman of the Federal Reserve on February 5, 2018. He spent the next eight years and 100+ days as head of the financial institution, but experienced a massive fallout with Trump that led to countless […]
The price of Bitcoin may be headed to the $60,000 level after breaking past a “crucial” support zone between $75,000 and $76,000, according to crypto market analyst Michaël van de Poppe. Bitcoin fell below the support zone on Friday, van de Poppe said, adding that market corrections occurring on Fridays “flip back bullish quite often.” […]
In May 2026, the number of active addresses on the Wrapped Bitcoin (WBTC) network dropped sharply to just 2,134, marking the lowest level seen since the start of the year. This figure, calculated using a seven-day moving average by CryptoQuant’s on-chain analysis, highlights a significant decline in activity on the Ethereum-based version of Bitcoin. DeFi […]
Prediction market traders on Polymarket have placed more than $154 million in bets on whether the United States and Iran will reach a permanent peace deal in 2026, as President Donald Trump described his decision as a “solid 50/50” between accepting a diplomatic agreement and resuming military strikes. Bitcoin rose 1.5% on the news, reclaiming […]
After crumbling about 4% late Friday into early Saturday, bitcoin has more than retraced those losses in the past few minutes after President Trump announced a coming agreement with Iran and other Middle Eastern countries. “An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, […]
Bitcoin may be entering a new period of outperformance against traditional assets as inflation pressures persist and bond markets weaken, according to Risk Dimensions chief investment officer Mark Connors. Connors, who spent years as the global head of portfolio management at Credit Suisse, said bitcoin recently broke out of what had been its longest stretch […]
The world’s largest decentralized prediction market platform, Polymarket, suffered a security incident that resulted in the loss of approximately $520,000 to $700,000 in cryptocurrency. In this line, Blockchain investigator ZachXBT first highlighted the suspicious activity on May 22 after noticing large outflows from contracts linked to the platform on the Polygon (POL) blockchain. The incident […]
Crypto liquidation history (screenshot). Source: CoinGlass Data from CoinGlass revealed that short positions had taken the majority of losses across crypto over the 24 hours to the time of writing. “Bears on $BTC are getting SQUEEZED in real-time,” X analytics account Cryptic Trades commented. “While the price is going up, the Open-Interest has dropped by […]
As XRP faces mounting bearish pressure, the asset appears to be entering a consolidation phase following a sharp decline in whale activity across the network. On-chain data from Santiment, shared by cryptocurrency analyst Ali Martinez on May 23, shows that XRP transactions worth more than $1 million dropped from 157 nine days ago to just […]
Bitcoin fell below $77,000 on Monday in Asia as rising oil prices and Treasury yields pressured risk assets, while prediction-market traders continued to price little chance of near-term Federal Reserve relief. The move comes as macro conditions have become less favourable for crypto. The 30-year Treasury yield rose to 5.13%, its highest close since 2007, […]