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Bitcoinist

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Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Cardano (ADA) Ecosystem Growth Fuels Strong Increase In Staking Activity

Investors’ confidence and interest in Cardano (ADA) and its network capabilities are rising sharply, particularly in the staking sector. While the price continues to face downside pressure, ADA is experiencing a significant increase in staking activity, a trend that allows for a more secure blockcha...
Fri, May 29

CFTC Clears The Way For Regulated Crypto, Bitcoin Perpetuals—Kalshi Moves Next

The US Commodity Futures Trading Commission (CFTC) announced Friday that it is allowing CFTC-registered exchanges to list a perpetual contract tied to the market’s leading crypto, Bitcoin (BTC). CFTC Ramps Up Crypto Perpetual Access In its announcement, the CFTC said the move creates a clearer path ...
Fri, May 29

Solana Moves Into New Market With Latest Update, But Can This Move Price Above $100?

Solana’s institutional footprint just got meaningfully larger, though the price action has yet to follow. Forward Industries, the Nasdaq-listed SOL treasury company, is set to join the Russell 2000 and Russell 3000 indexes. The timing makes the update interesting because Solana itself is still...
Fri, May 29

Bitcoin Wyckoff Accumulation Is About To Do Something That No One Is Expecting

A crypto analyst is sounding the alarm that Bitcoin (BTC) is currently executing one of the most painful patterns in its entire market history. According to the expert, Bitcoin has formed a classic Wyckoff Accumulation pattern, a century-old market theory that describes how institutions and the weal...
Fri, May 29

Bitcoin ETFs Hit 9-Day Outflow Streak As Ethereum Funds Bleed For 13th Day

Spot Bitcoin ETFs extended their redemption streak on May 28, with another $229 million leaving the products as outflows across crypto-linked exchange-traded funds deepened. Spot Ethereum ETFs also remained under pressure, recording $121 million in net outflows and pushing their own withdrawal run t...
Fri, May 29

Volatile XRP Trading Patterns Continue To Dominate Binance As Price Action Wanes

Bearish pressure does not seem to be fading soon, and XRP has been on a downward trend over the past weeks, breaching the $1.30 support level on Thursday. As a result, heightened volatility has taken over the trading activity on cryptocurrency exchanges, especially on the Binance platform. XRP Volat...
Fri, May 29

Ripple Makes New Demands From SEC, What Are They Asking For?

Crypto firm Ripple has sent a letter to the U.S. Securities and Exchange Commission (SEC) demanding clarity on the treatment of payment stablecoins and tokenized securities. This follows a meeting that the firm held with the Commission’s Crypto Task Force a couple of months ago. Ripple Requests SEC ...
Fri, May 29

Bitcoin Whales Go Quiet — Is Market Momentum Fading?

Nearly 40% of all Bitcoin in circulation was bought at prices higher than where it trades today, leaving a large share of holders sitting on losses. That figure, cited by analyst Darkfost, captures the strain building across the market as big players pull back from buying and demand shows little sig...
Fri, May 29

Ripple CLO Says Crypto Is Becoming Part Of America’s Financial Default Setting

Ripple Chief Legal Officer Stuart Alderoty said crypto is moving deeper into mainstream American finance, citing a new National Cryptocurrency Association report that found 67 million Americans now own or use digital assets. Speaking with NYSE on May 28, Alderoty, who also serves as president of the...
Fri, May 29

Trump Rejects Iran Deal — Bitcoin Reacts With Sharp Drop Below $74K

Bitcoin’s market cap stood at roughly $1.5 trillion as the sell-off unfolded, with daily trading volume climbing past $32 billion — a sign that traders were moving fast in response to a rapidly shifting news cycle. Related Reading: ‘All Of DeFi Unsafe,’ Developer Warns As AI Agents Reshape Sec...
Fri, May 29

ICE CEO Jeff Sprecher Calls Hyperliquid ‘Bigger Than Nasdaq’

Intercontinental Exchange founder and CEO Jeff Sprecher said crypto-native exchange Hyperliquid has become impossible for traditional market operators to ignore, pointing to its weekend oil trading, stablecoin settlement, high leverage and retail-driven price discovery as signs of a broader shift in...
Fri, May 29

Crypto Card Payments Explode As Transaction Volume Nears $8 Billion

Visa and Bridge, a fintech firm owned by Stripe, plan to bring stablecoin-linked payment cards to more than 100 countries by the end of 2026, with the first rollout already covering 18 nations across Latin America. Why Traditional Finance Is Winning The Crypto Payments Race Grocery runs and restaura...
Fri, May 29

SoFi Rolls Out Ethereum And Solana-Based Stablecoin To 15 Million Users

The Ethereum and Solana-based SoFiUSD has become the first national bank-issued stablecoin to launch on an official banking platform. SoFi Has Made Its Stablecoin Available On Its Retail Banking App As announced in a press release, SoFi Technologies has rolled out its stablecoin to the official SoFi...
Fri, May 29

Bitcoin Faces Fresh Danger As Miner Inflows To Binance Surge

Bitcoin’s composite trend signal has shifted back into a “high bear” zone, according to researcher Axel Adler Jr., following a sharp three-week reversal from May highs around $82,500. Related Reading: Crypto Scammers Exploit Google Ads To Drain $400K From Uniswap Users The cryptocu...
Fri, May 29

Bitcoin Flashes A Historic Supply Setup – But One Key Signal Still Remains Bearish

Bitcoin has fallen back below $75,000 as selling pressure and market uncertainty combine to test the resilience of a recovery that has struggled to establish the structural foundation needed for a sustained advance. The breakdown is concerning on its own terms — but a CryptoQuant analyst has identif...
Fri, May 29

Trump Backs Crypto Market Structure Bill Ahead Of Senate Fight

President Donald Trump has re-entered the US crypto market-structure debate, saying his administration will codify a “future-proof” framework for digital assets as a Senate fight over the CLARITY Act moves closer. The message ties the White House’s crypto agenda to legislation that would define regu...
Fri, May 29

Ethereum Network Activity Reveals Structural Weakness Beneath The Surface – Analyst Explains

Ethereum has lost the $2,000 level as support, a development that marks a significant deterioration in the recovery that had been building since the February lows. The breach of that psychological threshold has sharpened concern across the market — and a CryptoQuant analyst has identified a developm...
Fri, May 29

Bitcoin’s Golden Ratio Multiplier Drops Low, And It’s Predicting A 50% Crash

The Bitcoin (BTC) price crash below $73,000 has brought renewed attention to key cycle indicators, with one metric now pointing to possible further downside. CryptoCon, a market analyst, says a shift in the Bitcoin Golden Ratio Multiplier is currently flashing bearish signals. He noted that the indi...
Fri, May 29

June Deadline Looms For Crypto Firms—France Warns Of Blacklists And Lawsuits

France’s top markets regulator is issuing increasingly direct warnings to crypto firms ahead of a fast-approaching European Union (EU) deadline for licensing, Reuters reported on Thursday. Under the EU’s Markets in Crypto-Assets (MiCA) framework, crypto rules are tightening across the European Union...
Fri, May 29

Solana App Economy Sees Significant Upside Momentum As Cumulative Revenue Surges

Solana’s network growth has not been defined by its price action over the past few months as its ecosystem expands in the face of this unfavorable environment. Activity on the leading network is picking up pace at a significant rate, recording billions of dollars in app revenue in the past year. App...
Thu, May 28
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