Bitcoin Price Prediction: BTC Drops Below Bear Market Resistance Band

Bitcoin  Bitcoin Price Prediction: BTC Drops Below Bear Market Resistance BandSpot Bitcoin ETFs bled $733.43M on May 27 led by BlackRock IBIT shedding $527.84M alone.BTC dropped below the bear market resistance band on the daily with the SAR at $78,015 holding overhead.Analyst Benjamin Cowen flags June as the historical weak point in midterm years with a Q4 low as the likely cycle bottom.  Bitcoin trades at $73,396 on May 28, down 1.24% after losing the bear market resistance band on the daily chart, as spot ETF outflows accelerate and the 0.5 Fibonacci level at $75,574 fails to hold as support.  BTC Daily Chart: Rejected at $75,574 and the 0.382 Fib at $71,898 Is Now Exposed  The daily chart rejected cleanly off the 0.5 Fibonacci level at $75,574 after a brief recovery attempt in May. Price is now pressing lower with the SAR at $78,015 sitting well above, keeping the daily bias firmly bearish. Two FVG zones are visible below current price between $68,000 and $72,000, acting as the next magnet if the 0.382 Fib at $71,898 gives way.  The chart structure shows a Break of Structure from the November highs that has not been recovered. Every rally since February has been sold into, with the

05-29Industry

Standard Chartered backs $4,000 ether price forecast as retail buys the sub-$2,000 drop

His pitch is that the Ethereum blockchain and its token have come apart. Transaction counts on the network and the value locked in its apps are near record highs, while ethers price has bled 57% from its August peak against the dollar and shed 37% against bitcoin.  Kendrick drew parallels to Jeff Bezos watching Amazons stock crater from $113 to $6 in the 2001 dot-com wreckage while the business underneath kept improving. The shares have since climbed roughly 1,000-fold in the intervening quarter-century.  “ETH will catch up to the internal metrics, it is just a matter of time,” he wrote.  Standard Chartered expects the stablecoin market to grow sixfold by the end of 2028 and tokenized real-world assets to balloon fiftyfold. It reckons Ethereum carries 50% to 65% of both.  Those two buckets already make up more than half the value locked on the chain. Get to $4,000, and the ether-to-bitcoin ratio is back at its 2021 high near 0.08. Its currently around 0.03.  As such, the traders putting real money down aren‘t waiting for the catch-up. Ether futures open interest, the total stack of outstanding contracts, climbed to a record 16.39 million ETH ($32.61 billion) even as the price sank. That’s a warning: Open

05-29Industry

Bitcoin Bears Break $75K Support: Is $70K Next?

Bitcoin  Bitcoin Bears Break $75K Support: Is $70K Next?  Bitcoins (BTC) rising funding rate and aggregated open interest suggest bullish investors are opening longs in an attempt to defend the range lows and an important support at $70,000, but another day of spot ETF outflows has investors concerned that the institutional stance on BTC is shifting.  As shown in the chart below, Bitcoin open interest remains relatively stable despite the day-over-day selling, further re-enforcing the view that to stay open or newly created. The cross-exchange funding rates (the last indicator at the bottom of the chart) are also mostly positive to neutral, indicating a long-leaning bias among investors.  Prior to the drop to $73,000, liquidations remained within norms of BTC‘s intra-day range percentage-wise, suggesting that this week’s price action is a continuation of the current consolidation rather than early confirmation of a higher-timeframe trend change.  One important point to consider is “who” is propping BTC up. Hyblocks True Retail Longs & Shorts Accounts indicator shows retail investors increasingly viewing corrections as dip-buying opportunities.  Hyblock analysts said that,  “Long exposure now sits near 62%, a level where retail traders have historically been vulnerable to getting trapped. Over the last three months, backtested 15-minute data shows that when retail

05-29Industry

Sui blockchain stalls a second time

Sui blockchain stalled on May 28, halting block production and sending the SUI token down 8%.Sui blockchain stopped producing blocks on May 28, its second major stall in five months.The core team confirmed a network stall and paused transactions while deploying a fix.The SUI token fell roughly 8% as block finality halted across the networks dApps.  Sui blockchain suffered a network stall on May 28, halting block production across its mainnet. The SUI token dropped about 8% as the disruption hit.  The incident marks the layer-1‘s second major stall in five months. Sui’s core team posted that the mainnet was experiencing a network stall and that engineers were actively working on a solution, pausing transactions while safeguarding user funds.  Sui Mainnet is currently experiencing a network stall. The Sui Core team is actively working on a solution.  Be aware that transactions may be paused at this time. Updates will be shared as soon as they are available.  — Sui (@SuiNetwork) May 28, 2026  What happened to the Sui network  Block explorers showed no new checkpoints for nearly an hour, halting transaction finality across decentralised apps. Engineers said they had identified the issue within roughly 20 minutes and begun deploying a fix.  “Sui Mainnet is currently experiencing a network

05-29Industry

Treasury Taking Steps For Putting Trump On $250 Bill

Finance  Treasury Taking Steps For Putting Trump On $250 Bill  Treasury Secretary Scott Bessent said Thursday the agency is taking steps to print President Donald Trump‘s face on a new $250 bill—an unprecedented move that would require Congress to authorize an exception to U.S. law prohibiting a living person’s face from being printed on U.S. currency.  Getty Images  Key Facts  Bessent described the effort as a preparatory measure in case legislation that would allow Trumps face to be printed on the bill passes Congress, downplaying a Washington Post report earlier in the day that the Treasury Department has put pressure on the Bureau of Engraving and Printing to make mock-ups of the bill.  Bessent said, “I don‘t really understand this Washington Post article . . . terribly written, terribly edited. Basically what it says is Treasury is following the law and that we’ve created the bill and that it‘s up to Congress . . . I didn’t really understand what the story was.”  “We prepare for everything if it gets passed,” Bessent said.  There‘s no sign Congress will take up such legislation any time soon—a bill was introduced in February last year by Rep. Joe Wilson, R-S.C., but it’s been stalled in committee since.  Federal law only allows people

05-29Industry

Oracle (ORCL) Stock Surges Following JPMorgan’s Overweight Rating and Massive Contract Backlog

Oracle Corporation, ORCL  JPMorgan analyst Mark Murphy highlighted a more favorable risk/reward dynamic, observing that market sentiment toward Oracle had shifted dramatically from “unwavering optimism to pervasive skepticism” regarding the companys fiscal 2030 objectives — suggesting the negative sentiment may be overdone.  The general market context made Oracle‘s performance particularly notable. With the S&P 500 trading flat, the Dow Jones showing minimal movement, and the Nasdaq essentially unchanged, Oracle’s gains stood out as company-specific momentum.  The timing of JPMorgans coverage initiation follows a transformative period for the enterprise software giant. Oracle finalized a $30 billion cloud infrastructure agreement with federal authorities in early 2026 — representing one of the most substantial cloud computing contracts in history.  This landmark agreement solidified Oracles role as a critical AI computing infrastructure provider for sensitive government operations, including national security and defense applications.  Compelling Financial Performance Supports Optimistic Outlook  Oracle‘s latest quarterly financial disclosure provided substantial evidence supporting bullish analyst perspectives. The company delivered third-quarter earnings per share of $1.79, surpassing Wall Street’s $1.71 consensus forecast, while revenue reached $17.19 billion versus analyst expectations of $16.91 billion.  Total revenue climbed 21.7% compared to the prior-year period. Infrastructure as a Service revenue specifically totaled $4.89 billion, marking an impressive 84% year-over-year surge.  The

05-29Industry

Cardano Price Prediction: ADA Holds Critical Support While Bulls Target a Move Towards $0.55

Tech  Cardano Price Prediction: ADA Holds Critical Support While Bulls Target a Move Towards $0.55  Cardano (ADA) is trading near a crucial support zone as traders watch whether accumulation, governance activity, and a potential triple bottom can spark a stronger recovery.  According to Brave New Coin data, ADA is trading around $0.24, with a market cap near $8.89 billion and 24-hour volume around $329 million. That keeps Cardano in a weak broader cycle position versus its old highs, but the current structure is also starting to attract attention again.  Cardano Price Today: ADA Holds Near $0.24  The latest Brave New Coin snapshot shows Cardano trading around $0.24, up modestly on the day. That is still a long way below its all-time high of $3.09, leaving ADA down more than 92% from peak levels, but it also helps explain why many traders are focused on whether this region is becoming a long-term value zone.  The market cap remains close to $8.89 billion, while the circulating supply is above 37 billion ADA. In other words, Cardano is still a major asset by crypto standards, but its chart remains in the kind of compressed area where a strong move in either direction could start shaping the next larger trend.  Support

05-29Industry

What Medicine Taught Me About Financial Planning: Applying A Medical Standard Of Care To Your Financial Life

getty  Before I was a financial planner, I was an ICU nurse.  I spent years at the bedside in a medical intensive care unit, a place where decisions happen in minutes, where incomplete information can have irreversible consequences, and where every patient is a complete human being whose circumstances, history, and condition are entirely unique. You dont treat a diagnosis in the ICU. You treat a person… the WHOLE person and their family at what is often the most vulnerable period of time.  That experience has shaped everything about how I approach financial planning. We lead with compassion. A great financial planner is at their best when a client is at their worst. And the more I‘ve reflected on it over the years, the more convinced I’ve become that the financial services industry would be dramatically better if it borrowed one of medicines most important concepts: the standard of care.  What Is a Standard of Care, and Why Does It Matter?  In medicine, a standard of care refers to the diagnostic and treatment protocols that a reasonably competent clinician would follow given a specific set of circumstances. It isn‘t a rigid script. It’s a framework, evidence-based, consistently applied, and anchored in the individual patients complete

05-29Industry

Ethereum Drops but Holds Above $1,960

Ethereum  Ethereum Drops but Holds Above $1,960  Before this decline, the largest altcoin had been trading above the $2,000 support but below the $2,160 resistance. Upward price movement has been restricted by resistance at $2,160 and the 21-day SMA. Buyers have been unable to push the price above the $2,160 resistance and the moving average lines.  Today, the crypto price has fallen to a low of $1,967. Ether is now trading between the $1,960 support and below the $2,000 high.  On the upside, if buyers move the price above the $2,000 high, Ether will return to its previous range below the moving average lines. On the downside, if sellers push the price below the $1,960 support, Ether will fall to previous lows of $1,840 and $1,800. Ether is currently at $2,019.  Technical indicators:Resistance Levels: $3,500 and $4,000Major Support levels: $2,500 and $2,000  ETH Indicator Analysis  The price of Ether is below the horizontal moving average lines, indicating that the cryptocurrency is likely to continue declining. The 21-day SMA is below the 50-day SMA, suggesting further downside for Ether. On the 4-hour chart, the moving average lines are sloping downwards, indicating a downtrend.  What Is the Next Direction for ETH?  Ethereum has lost its critical support level of $2,000. The

05-29Industry

VanEck VBILL lands on Euler lending

VanEck VBILL is now live on DeFi lending platform Euler, letting investors use tokenized Treasuries as onchain collateral.VanEck‘s tokenized Treasury fund VBILL is now usable as collateral on Euler’s lending markets.The fund is issued by Securitize, with pricing supplied through RedStone oracles.Securitize says DeFi protocols are redesigning their platforms to host regulated, institutional assets.  VanEck VBILL, the asset managers tokenized US Treasury fund, has gone live on decentralised lending platform Euler. Investors can now post the fund as onchain collateral.  The move signals how DeFi protocols are retooling for Wall Street. Securitize, the tokenization firm behind the fund, said the product is now active on Euler lending markets, with pricing data supplied through RedStone oracles.  What the Euler integration enables  Euler integrated Securitize‘s DS Protocol earlier this year, allowing tokenized securities to interact with lending markets while preserving investor eligibility and transfer restrictions. That framework lets VBILL function as collateral without breaking the fund’s compliance controls.  “As more serious institutional investors are exploring the space, they need to have certain” protections in place, said Graham Ferguson, Securitize‘s head of ecosystem, framing the challenge as balancing crypto’s open infrastructure with traditional compliance demands.  The integration extends VBILL‘s reach in DeFi. The fund already expanded onto Aave’s institutional

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