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Crypto Bulls Just Got Their Macro Wake-Up Call: Here’s Why
An unprecedented surge in the Philadelphia Federal Reserve’s May Manufacturing Business Outlook Survey has jolted global risk markets and given crypto asset traders their clearest macro catalyst of the year. The Future New Orders diffusion index leapt by forty-plus points, a move that Julien Bittel,...
NewsBTC
Fri, May 16
Bitcoin Double-Top Pattern Says Bull Market Is Over, Is A Crash Coming?
A crypto analyst is sounding the alarm on Bitcoin (BTC), forecasting a price crash that could drag it down to levels not seen since previous bear markets. Citing recurring historical chart patterns, such as the ominous double-top formation that has preceded past market collapse, the analyst warns th...
Bitcoinist
Fri, May 16
BONK price slides despite partnership with DeFi Development Corp to launch Solana validator
BONK declined 4% on Friday despite an announcement from DeFi Development Corporation that it has entered a validator partnership with the Solana meme coin to expand its business and grow its SOL Per Share value.
Solana
Fxstreet
Fri, May 16
Bitcoin Bandits Busted: DOJ Charges 12 In $263 Million Cyber Heist
A dozen more suspects have been added to a massive crypto theft case. Based on reports, the new names join Malone Lam, who was first indicted on September 19, 2024. They now face charges tied to stealing 4,100 Bitcoin last August and laundering roughly $263 million. Related Reading: Analysis: Saylor...
Bitcoinist
Fri, May 16
Bitcoin Panic Buying? Eric Trump Says The World Is Stockpiling BTC
Eric Trump, speaking at the Consensus 2025 conference in Toronto on May 15, painted a picture of a world scrambling for Bitcoin. He said he hears the same thing everywhere he goes—on planes, in boardrooms, even from big state funds. His comments came as he joined Hut 8 CEO Asher Genoot on a panel ab...
NewsBTC
Fri, May 16
Ethereum Price Forecast: ETH investors resume buying after intense profit-taking
Ethereum (ETH) saw a 2% gain on Friday, with investors, particularly those in the whale cluster, initiating a 230,000 ETH exchange net outflow.
Ethereum
Fxstreet
Fri, May 16
Canaan Inc. Receives Nasdaq Notification Regarding Minimum Bid Requirements
May 16 (Reuters) - Canaan Inc CAN.O:CANAAN INC. RECEIVES NASDAQ NOTIFICATION REGARDING MINIMUM BID REQUIREMENTS
Reuters
Fri, May 16
Solana Metrics Shifting: Realized Cap Steady Outflows Slow Down As Market Sentiment Improves
After surging significantly in the last few days, Solana, one of the leading digital assets, is slowly facing growing bearish pressure, raising concerns about an extension of the recent pullback to key support levels. Solana’s price may be declining, but the market continues to show strength as seve...
Bitcoinist
Fri, May 16
$10,000 XRP Theory: Factors Analyst Shares Scenarios That Could Drive Growth
XRP’s current price has been highlighted by a range of around $2.5 in the past three days. However, this low price hasn’t stopped the idea of an extravagant XRP price from being in the hearts of XRP bull traders and enthusiasts. Against this backdrop of growing confidence, a bold theory ...
NewsBTC
Fri, May 16
Galaxy Digital lists on Nasdaq, seeks SEC approval to tokenize stock
Galaxy Digital is in talks with the US Securities and Exchange Commission (SEC) concerning tokenizing its stock, GLXY, for DeFi integration. The development comes hours after its stock listed on the Nasdaq on Friday.
Fxstreet
Fri, May 16
Dogecoin SuperCycle 2 Loading: Why A Repeat Of SuperCycle 1 Will Take Price Above $10
Crypto analyst Trader Tardigrade has revealed that a Dogecoin Supercycle 2 is loading. The analyst further provided insights into why the meme coin’s price could surge above $10, as it mirrors the SuperCycle 1. Dogecoin SuperCycle 2 To Happen In The Coming Months In an X post, Trader Tardigrade pred...
Bitcoinist
Fri, May 16
Ethereum Multi-Year Consolidation Could Spark A Parabolic Move – Details
Ethereum is holding strong above the $2,500 mark after a sharp rally in recent weeks, signaling renewed bullish momentum across the market. The second-largest cryptocurrency by market cap is now consolidating just below key resistance levels, with traders and analysts closely watching price action f...
NewsBTC
Fri, May 16
Bitcoin Long-Term Holders Add 339K BTC Since April 4 – Steady Accumulation Signals Conviction
Bitcoin is trading above the key psychological level of $100,000, but the bullish momentum that drove prices higher in recent weeks has cooled as BTC fails to reclaim resistance near $105,000. After a sharp rally that saw Bitcoin surge more than 40% from its April 9th low, price action is now consol...
Bitcoinist
Fri, May 16
Settlement Denied: XRP Drops After Ripple Hits Legal Roadblock
Ripple’s bid to wrap up its long‑running fight with the US Securities and Exchange Commission hit a snag on May 15. A federal judge in New York tossed out the deal because it was filed the wrong way. This hiccup doesn’t change past rulings, but it does force both sides back to the drawing board. Rel...
NewsBTC
Fri, May 16
Mike Novogratz's Galaxy Digital debuts on Nasdaq in bumper week for crypto
By Hannah Lang May 16 (Reuters) - Galaxy Digital, founded by Mike Novogratz, made its Nasdaq debut on Friday, capping off a momentous week for cryptocurrency in public markets, with Coinbase joining the S&P 500 and retail brokerage eToro also going public. Galaxy Digital GLXY.O, a crypto inve...
Reuters
Fri, May 16
Dogecoin Whales Accumulate 1 Billion DOGE In A Month: Fueling Price Surge Speculation
Dogecoin is back in the spotlight after surging more than 50% in recent weeks, reclaiming bullish momentum across key timeframes. The meme-inspired cryptocurrency is now facing a critical demand zone, where bulls must hold the line to confirm the potential for continued upside. With market sentiment...
NewsBTC
Fri, May 16
Historic Bitcoin Rule For Identifying Cycle Tops In Jeopardy – Here’s Why
Bitcoin’s renewed upward trend has put the flagship asset in the limelight as it moves toward its current all-time high of $110,000, achieved in January this year. While BTC is about 5% away from its peak, speculations are whether this newfound strength could lead to a cycle top. However, cycle-top ...
Bitcoinist
Fri, May 16
Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’
Ethereum is again looking bullish following its gains of over 17% in the last seven days and the break above $2,500. Analysts have provided a positive outlook for the second-largest crypto by market cap, predicting that its price could soon go parabolic after an extended consolidation period. Ethere...
NewsBTC
Fri, May 16
Sovereign Wealth Funds Are Racing For Bitcoin, Reveals Eric Trump
Speaking to a packed auditorium at Consensus 2025, Eric Trump said the quiet part out loud: “Everybody in the world is trying to hoard Bitcoin right now. Everybody. I hear it from sovereign wealth funds. I hear it from the wealthiest families. I hear it from the biggest companies. I mean the adoptio...
Bitcoinist
Fri, May 16
‘What If XRP Is The Next Bitcoin?’ Says Dave Portnoy
Dave Portnoy, the outspoken founder of Barstool Sports, used his debut appearance at CoinDesk’s Consensus 2025 to train the conference spotlight XRP. Speaking on the Metro Toronto Convention Centre mainstage, Portnoy acknowledged that he bought the token for one reason only: fear of missing out. Joi...
NewsBTC
Fri, May 16
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