crtypto & forex news

The Bitcoin price has been in a massive downward trend throughout this week. Data from CoinMarketCap shows that BTC has declined by over 6% in the last seven days and nearly 10% in just two weeks. A combination of factors has contributed to this negative trend, including massive outflows in Spot Bitcoin ETFs, the ongoing US-Iran wars, and growing selling pressure among whales and institutional investors.  Bitcoin Price Crashes Amid ETF Outflows And Rising Selling Pressure The market is seeing heavy volatility, as new factors place immense pressure on the Bitcoin price and the broader crypto market. According to crypto analyst Nic on X, Bitcoin recently crashed below the $75,000 support zone and is now sitting around its next critical support level, around $73,000.  The cryptocurrency had surged as high as $83,000 earlier this May, but was firmly rejected. Since then, Bitcoin has been on a steady decline. However, this past week has accelerated the downtrend, with the price droppi...

Bitcoin’s latest price action has turned into a fight for control around one of the most important areas. The price has been struggling to recover after falling back belo w $80,000, and the weakness is now taking place below two major on-chain levels that are converging at $78,000. On-chain data shows that the Short-Term Holder Cost Basis is around $78,000, while the True Market Mean is sitting close to $78,300. These two levels have now converged, creating a heavy ceiling just above Bitcoin’s current price. Bitcoin Is Stalling Below The Level Recent Buyers Need Most Bitcoin’s price action is currently trapped between two forces. One side is $74,000, where buyers are still trying to defend. The other is the $78,000 area, where on-chain valuation models are now meeting at almost the same point. The next break may decide whether the latest weakness is another range-bound dip or the start of a deeper correction below $70,000. According to data from on-chain analytics platform Glass...

With bearish pressure building across the cryptocurrency market, the Ethereum price is steadily dropping toward the $1,950 mark once again, a level last seen in March. Despite the altcoin’s declining price action and general unfavorable market conditions, large ETH holders seem to be holding onto their positions. What Ethereum Whales Are Doing In This Pullback Ethereum’s large investors have remained resilient in recent market sessions. While ETH’s price has struggled to sustain strong momentum, these key investors continue to hold on to their positions rather than aggressively reduce their exposure or sell off their coins. In a waning market environment, the activity of large holders is closely monitored as it typically provides more insight into long-term market conviction and sentiment among institutional investors. This trend is seen in the Ethereum Whale Vs Retail Delta metric, which has flipped toward the upside once again.  As reported by CW, a verified data analyst...

Bitcoin and XRP are often compared from a price perspective, but this is not the only lens through which they can be looked at. Both cryptocurrencies are native to first-mover blockchain networks, which have survived for more than a decade, have processed large amounts of value, and have built strong investor communities . However, both blockchain networks are also different in their operation , and that difference is where the comparison becomes very interesting. XRP Ledger Holding Up Against The Bitcoin Network Bitcoin is the first decentralized monetary network secured by proof-of-work, giving it unmatched strength as a store-of-value system. The XRP Ledger, on the other hand, was built for fast settlement, low transaction costs, and a payments-focused utility. Network reliability is the baseline by which any financial infrastructure is judged. Based on this measure, both Bitcoin and the Ledger carry strong records, but one has a better record than the other. According to da...

Ripple has submitted a follow-up response to the SEC Crypto Task Force seeking clearer treatment for payment stablecoins, crypto asset non-securities and tokenized securities under broker-dealer rules. The letter, dated May 22, 2026 and shared by BankXRP on X, points to a broader push for regulatory clarity around collateral treatment, custody requirements and whether on-chain records can serve as the authoritative legal registry for tokenized assets. The document is addressed to the SEC Crypto Task Force at the US Securities and Exchange Commission and is marked as a follow-up to a prior Ripple meeting with the task force. According to the letter, Ripple met with the group on March 20, 2026 to discuss “the treatment of payment stablecoins and tokenized securities under the net capital and customer protection rules, and potential next steps for broader guidance.” “We are submitting this response as a follow-up to several questions raised in our meeting,” Ripple wrote in the visible p...

The biggest names in Bitcoin ownership quietly moved billions of dollars worth of the asset in the most recent week. Bitcoin held its ground above $74,000 when BlackRock’s iShares Bitcoin Trust (IBIT) shed over a billion dollars in BTC through consecutive daily redemptions, and a Satoshi-era miner shifted $203 million to over-the-counter trading desks, showing that someone on the other side of these transactions was absorbing the pressure. BlackRock-Linked Bitcoin Wallets Shed Over $1 Billion With IBIT Outflows Arkham Intelligence data shows that BlackRock-linked Bitcoin wallets sold every trading day last week, with total sales reaching about $1.01 billion for the entire week. The tracked movements were tied to about 15,000 BTC sent through Coinbase Prime, a flow that appears connected to redemptions from BlackRock’s iShares Bitcoin Trust, IBIT. However, the selling did not stop there, as the outflows have continued into this week. On May 25, an additional $105.19 million in...

Bitcoin’s price action has been rejected at a price level that has acted as resistance and support in the past five years. This macro resistance level that has defined Bitcoin’s price ceiling for nearly five years has once again turned back the bulls, and the consequences could be far more severe than the price action is currently pricing in. Bitcoin Rejection At Macro Resistance Bitcoin has run into a resistance level that has not mattered this much in years, in reference to the most recent rejection at $83,000 on May 6. According to a crypto analyst that goes by the name Chiefy on the social media platform X, that rejection is not just another failed rally but a reaction from a five-year macro resistance line that has touched some of Bitcoin’s most important turning points since the last major cycle. The analyst believes Bitcoin has now followed the structure he previously warned about, moving into a bull trap near $83,000 before rejecting and falling to as low as $74,000....