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Wintermute Says Bitcoin Rally Was A Squeeze, Low $70,000s Loom
Wintermute said Bitcoin’s latest rally has failed its first major macro test, arguing that the move was driven more by leverage and short covering than by durable spot demand. In its May 18 market update, the trading firm pointed to hot inflation, rising Treasury yields, ETF outflows and renewed rat...NewsBTC
Wed, May 20
Trump Media’s Truth Social Withdraws Bitcoin ETF Filing
Trump Media-linked Truth Social Bitcoin ETF, B.T. has asked the US Securities and Exchange Commission to withdraw its spot Bitcoin ETF registration, ending, at least for now, one of the more politically visible attempts to enter the already crowded US Bitcoin fund market. The withdrawal request, dat...Bitcoinist
Wed, May 20
Cardano Price Analysis: ADA attempts recovery as whale buying fails to lift bearish trend
Cardano (ADA) recovers slightly, trading above $0.250 on Wednesday, after posting five straight days of losses since last week. On-chain data shows that whale wallets are accumulating ADA during the recent correction, signaling continued long-term interest in the altcoin.
Fxstreet
Wed, May 20
Bitcoin Fall Under $77,000 Triggers Spike In Social Media FUD
Data shows sentiment around Bitcoin among social media users has turned negative following the recent decline in the cryptocurrency’s price. Bitcoin Positive/Negative Sentiment Has Dropped Recently In a new post on X, analytics firm Santiment has discussed the latest trend in the Positive/Nega...NewsBTC
Wed, May 20
XRP ‘Under Heavy Resistance’ After Key $1.50 Rejection – Is A Drop To $1 Next?
While XRP attempts to hold a crucial area, some analysts have pointed to key indicators that could dictate whether the recent pullback is temporary or marks the start of a deeper correction. Related Reading: Bitcoin Rally On The Line: Analyst Explains Why This Weekly Close Is Critical XRP Rally Face...NewsBTC
Wed, May 20
Japan To Recognize Foreign Stablecoins As Electronic Payment Instruments Starting June 1
Japan’s key financial authority has expanded its framework to officially treat foreign trust‑issued stablecoins as electronic payment instruments instead of securities under domestic law. Related Reading: South Korea’s KB Financial Completes Stablecoin Pilot As Lawmakers Press For Regulatory Framewo...Bitcoinist
Wed, May 20
Solana Price Forecast: Steady ETF inflows and improving derivatives metrics support recovery hopes
Solana (SOL) price trades below $85 on Wednesday, extending its pullback following last week’s correction. Despite the recent price pullback, institutional demand appears to be stabilizing, with spot Exchange Traded Funds (ETFs) recording their second day of positive flows so far this week.
Fxstreet
Wed, May 20
Altcoin Holders Have Been Realizing Losses Since 2024, Glassnode Says
On-chain analytics firm Glassnode has revealed how the typical altcoin investor has generally been realizing losses since late 2024. Median SOPR In The Altcoin Sector Has Been Stuck Below 1 In a new post on X, Glassnode has talked about the latest trend in the median SOPR for the altcoin market. The...Bitcoinist
Wed, May 20
Zcash Foundation reports over $36M in assets as Q1 highlights regulatory clarity and network resilience
The Zcash Foundation (ZF) reported net liquid assets of approximately $36.7 million as of March 31, according to its Q1 report released Tuesday. The Foundation also recorded average monthly operating expenses of about $272,539, with personnel costs accounting for the largest share.Fxstreet
Wed, May 20
Solana (SOL) Drops Into Bearish Zone, Key Supports Come Under Threat
Solana failed to settle above $92 and corrected most gains. SOL price is now consolidating losses above $84 and might attempt another increase. SOL price started a fresh decline below $90 and $88 against the US Dollar. The price is now trading below $87 and the 100-hourly simple moving average. Ther...NewsBTC
Wed, May 20
XRP Breakout Loading? Key $1.50 Level Could Ignite Powerful Rally
XRP is approaching a crucial turning point as price action tightens within a major consolidation range, fueling speculation that a breakout could be near. With bullish momentum slowly building, analysts believe a decisive move above the key $1.50 resistance level could ignite a powerful rally toward...NewsBTC
Wed, May 20
Crypto Overview: Sellers slow down as Bitcoin holds $76,000 – VVV, LIT, ALGO lead gains
The broader cryptocurrency market is stabilizing, with Bitcoin (BTC) holding above $76,000 on Wednesday and liquidations under $200 million over the last 24 hours. Venice Token (VVV), Lighter (LIT), and Algorand (ALGO) emerge as top performers as the broader market volatility softens.
Fxstreet
Wed, May 20
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC holds strong at major support, ETH and XRP attempt recovery
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) trade cautiously on Wednesday, assessing the next directional move following their recent price corrections. BTC consolidates around the key Exponential Moving Averages (EMAs), and ETH stabilizes above horizontal support around $2,067.
Mini Shai-Hulud worm hijacks 323 npm packages under 30 minutes through a single stolen account
On May 19, the Mini Shai-Hulud worm compromised one npm maintainer account and pushed 639 malicious versions across 323 packages in under 30 minutes. The compromised account, “atool” (i@hust.cc), publishes Alibaba’s entire @antv data visualization stack alongside standalone libraries used in crypto dashboards, DeFi front ends, and fintech applications. The highest-traffic targets: size-sensor at 4.2...Cryptopolitan
Wed, May 20
XRP Price Under Pressure Again, Traders Brace For More Weakness
XRP price extended losses and traded below $1.40. The price is now consolidating losses and faces hurdles near $1.3650 and $1.3940. XRP price started another decline and traded below the $1.40 zone. The price is now trading below $1.3880 and the 100-hourly Simple Moving Average. There is a bearish t...NewsBTC
Wed, May 20
Bitcoin Supply In Profit Jumps To 63%: Why Analysts Are Still Cautious
Bitcoin’s on-chain profitability has recovered sharply from its March lows, but analyst Axel Adler Jr. says the market still lacks a stronger behavioral confirmation that a durable reversal is underway. In his May 19 “Bitcoin Morning Brief,” Adler pointed to a mixed setup across two closely watched ...Bitcoinist
Wed, May 20
Why did Elon Musk pick Goldman Sachs as its lead-left champion in SpaceX’s next month IPO?
Elon Musk picked Goldman Sachs to sit in the top-left spot on SpaceX’s IPO paperwork because this is the bank that has stayed closest to his biggest public-market deals for years. As Cryptopolitan reported previously, after Goldman then Morgan Stanley (NYSE: MS), Bank of America (NYSE: BAC), Citigroup (NYSE: C), and JPMorgan Chase (NYSE: JPM)....Cryptopolitan
Wed, May 20
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