MATIC Price Prediction: Sub-$0.30 Breakdown Looms as Bears Circle $0.38 Support

Polygon sits in no-man‘s land at $0.38, caught between sellers unloading into every bounce and buyers who’ve gone radio silent. The token‘s grinding sideways action masks a deeper structural problem – it’s trading a staggering 45% below its 200-day moving average at $0.69, signaling institutional money has long since rotated elsewhere.  The 24-hour volume of just $1.07 million on Binance tells the real story. This isn‘t consolidation; it’s abandonment. When Blockchain.news reported earlier projections suggesting MATIC could hit $0.75 by year-end, those forecasts assumed the Layer 2 narrative would maintain steam. Instead, were watching a slow-motion capitulation as newer scaling solutions capture mindshare.  Indicator Alignment  The technicals are painting a brutally clear picture that contradicts any bullish spin. RSI at 38 isn‘t oversold territory – it’s the sweet spot where weak hands finally throw in the towel. More damning is the MACD histogram sitting at essentially zero (-0.0000), confirming momentum has completely evaporated.  Bollinger Band positioning at 0.29 means MATIC is hugging the lower third of its volatility range, with the next logical destination being a test of the $0.31 lower band. The daily ATR of just $0.02 shows volatility compression that typically precedes violent moves, and with price below every meaningful moving average,

05-22Industry

Gold price in Philippines: Rates on May 22

Gold prices fell in Philippines on Friday, according to data compiled by FXStreet.  The price for Gold stood at 8,978.47 Philippine Pesos (PHP) per gram, down compared with the PHP 9,006.36 it cost on Thursday.  The price for Gold decreased to PHP 104,723.10 per tola from PHP 105,048.40 per tola a day earlier.Unit measureGold Price in PHP1 Gram8,978.4710 Grams89,784.38Tola104,723.10Troy Ounce279,267.30  Gold FAQs  Gold has played a key role in human‘s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.  Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a countrys solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves

05-22Industry

NEAR Protocol Price Breaks Multi-Year Bearish Trend Amid Rising AI Narrative—How High Can it Go?

The post NEAR Protocol Price Breaks Multi-Year Bearish Trend Amid Rising AI Narrative—How High Can it Go? appeared first on Coinpedia Fintech News  After remaining trapped within a prolonged bearish structure, the NEAR Protocol price has stayed elevated since rebounding from lows near $0.95 in February. Following a sustained ascending trend, the token has now broken above the interim resistance at $1.90 and, more importantly, the multi-year descending trendline. NEAR has surged over 20% in the past 24 hours to trade around $2.10, while trading volume has nearly doubled.  The latest weekly breakout attempt is now testing this macro resistance for the first time since the 2024 cycle top. The move comes as the AI narrative regains traction, open interest climbs, and ecosystem activity improves—but can NEAR sustain the breakout and rally toward the next major resistance zone?  NEAR Price Breaks Out of Multi-Year Bearish Structure  The NEAR price has remained trapped inside a bearish descending parallel channel since December 2024. The recent breakout has helped the price break this bearish structure, elevating the price to $2.17 for the first time this year. The bulls seem to have been dominating the rally, and hence, the price is believed to maintain a strong ascending trend

05-22Industry

Strategy May Sell Bitcoin Before Year-End, Says Michael Saylor

Strategy may sell some Bitcoin before the end of the year as part of its capital management plan.Michael Saylor said the company evaluates equity, credit, cash, and Bitcoin sales continuously.The firm aims to increase Bitcoin per share, total holdings, and enterprise value over time.Saylor said a mixed funding approach performs better than relying on a single method.Strategy could sell Bitcoin with a higher cost basis depending on market conditions.  Strategy may sell some Bitcoin before the end of the year, according to Executive Chairman Michael Saylor. He said the company evaluates multiple funding options, including equity, credit, and Bitcoin sales. Strategy aims to increase Bitcoin per share and overall enterprise value over time.  Strategy Considers Bitcoin Sales in Capital Planning  Michael Saylor said Strategy may sell Bitcoin as part of a broader capital management plan. He explained that decisions depend on market conditions and financial obligations.  “I think it‘s not unlikely that we’ll sell some Bitcoin,” Saylor said during a retail investor Q&A. He added that the company has not finalized the amount.  Strategy reviews funding options using a data-driven approach. It evaluates whether liabilities should be covered by cash, equity, credit, or Bitcoin.  Saylor said models relying on one funding method tend to underperform. He

05-22Industry

Blockchain.com Tests a Cold IPO Market After Kraken, Ledger Paused

Blockchain.com has filed a confidential draft registration statement (S-1) for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC).  The Dallas-based crypto firm aims to list publicly this year, joining a thinning queue of 2026 debuts.  A Crypto Veteran Reaches for Wall Street  Among the oldest active crypto services companies, Blockchain.com has not disclosed shares or a price range. According to Bloomberg, the firm employs 500 staff and has been profitable on an adjusted basis for three years. It supports over 95 million wallets and 43 million confirmed accounts.  Blockchain.com first weighed a public listing as early as 2022. The firms valuation rose to $14 billion in the spring of that year. A 2023 Series E round left it valued at less than half of that.  Meanwhile, the firm follows Bullish and Gemini Space Station, the Winklevoss brothers venture, which went public in 2025 during a crypto rally.  However, crypto markets have stayed under pressure since Octobers record crash. Investor risk-off positioning has stalled the pace of new listings across the sector.  Payward, Krakens parent, postponed its IPO in March and is cutting 150 jobs to slim down. Hardware wallet maker Ledger has also paused its plans.  Blockchain.coms bid, therefore, enters a more cautious

05-22Industry

NEAR up +25.78%, BTC -0.44%, NEAR Protocol is The Coin of The Day - Daily Market Update for May 22, 2026 | CoinCodex

Key highlights:The total cryptocurrency market cap decreased from $ 2.59T to $ 2.58T in the past 24 hours, representing a -0.42% changeThe Bitcoin price at press time is $ 77,482 after falling by -0.44% in the last 24 hoursThe total crypto trading volume decreased by -0.42% in the past 24 hours, and is currently at $ 213.81BAll prices and changes are presented at the time of publication: May 22, 2026, at 06:00 UTC  Market Overview  The total cryptocurrency market cap is currently $ 2.58T after a -0.42% decrease on the day. The total crypto trading volume declined by -0.42% in the same time frame.  Bitcoin is trading at $ 77,482 after seeing a -0.44% loss in the last 24 hours. The Bitcoin dominance fell by -0.08% and BTC currently represents 60.26% of the cryptocurrency market.  Top Coins By Market Cap  At press time, Bitcoin has a market capitalization of $ 1.55T after losing -0.44% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by May 22, 2026. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.  Ethereum, which is the second-largest cryptocurrency

05-22Industry

US Lawmakers Propose the ARMA Bill to Build a 1-Million-Bitcoin Strategic Reserve

ARMA establishes a reserve and a digital asset stockpile to be managed by the U.S. Department of the Treasury, and requires all federal agencies to provide a full accounting of digital assets held in their possession.  The legislation empowers the Treasury to acquire up to 200,000 per year for five years, aiming to reach a goal of 1 million under federal custody, building on what the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide ( ) Act, introduced by Senator Cynthia Lummis, had proposed before.  Under ARMA, purchases would be conducted in a budget-neutral way, using revaluation to produce the funds needed for these acquisitions. It also introduces strict custody standards to avoid loss of digital assets due to unsafe security measures.  Begich stated that ARMA “positions the United States to lead confidently in the digital age while protecting taxpayer interests, strengthening financial sovereignty, and reinforcing the principles of transparency and sound stewardship,” also reinforcing the relevance of private property rights in the digital currency ecosystem.  Golden stressed that was not the “fringe phenomenon” it was once, and that Congress was due to set policies on what to do with the bitcoin held by the U.S.  “Administrations have auctioned it off or held it

05-22Industry

Why do Bitcoin traders care so much about the 200-day moving average?

Bitcoin price reached $82,400 on May 20 and ran into a line on a chart. Up 37% from its April lows, BTC stalled at the 200-day moving average, pulled back to as low as $76,000, and left the market wondering what the rejection showed about the markets underlying structure.  That line, a simple arithmetic average, is among the most-watched indicators in crypto, and understanding why helps decode how the market is reading the current moment.  The reversal repeated a pattern we saw in March 2022, when Bitcoin staged a comparable 43% relief rally before testing the same indicator and resuming its downtrend. That parallel deserves careful attention, though the current on-chain data adds important nuance.  Graph showing Bitcoins price and the 200-day moving average from May 17, 2021, to May 21, 2026 (Source: TradingView)The math behind the price anxiety  A moving average smooths price volatility by averaging a set of historical prices into a single line. The 200-day version takes Bitcoins daily closing prices over the previous 200 “sessions,” averages them, and plots the result continuously, updating each day as the oldest price drops out and the newest enters. Its one of the most straightforward indicators in technical analysis, with the 200-bar version widely

05-22Industry

Trump Media Is Selling Massive Bitcoin Holdings: Arkham

Trump Media Moves Bitcoin to Crypto com.   This comes after Trump Media & Technology Group officially abandoned its plans to launch Truth Social crypto ETFs. As CoinGape reported, Truth Social withdrew its Bitcoin ETF, as well as Ethereum and Solana ETFs. The company reported a $406 million net loss in Q1 2026, largely driven by unrealized crypto losses and crypto market crashes.  Moreover, crypto market participants are bracing for volatility as Kevin Warsh takes the helm as Chairman of the US Federal Reserve today. The US Senate confirmed Kevin Warshs nomination in a near party-line vote to succeed Jerome Powell as Fed chair.  Bitcoin Slips amid Market Speculations  While Trump Media has not issued an official statement on the latest transfer to Crypto com, deposits to crypto exchanges often fuel market speculation about potential liquidations.  Bitcoin has dropped and currently trades near $77,600. The 24-hour low and high are $76,655 and $78,100, respectively. Furthermore, trading volume has decreased by 7% over the last 24 hours, indicating a decline in interest among traders.  According to Santiment data, 9,664 Bitcoin worth over $744 million have been transferred to crypto exchanges over the last five days. Moreover, b  Mark Cuban sells most of his Bitcoin, says it “lost the

05-22Industry

Fed hike odds hit 52% as 30-year yields break above 5%

Fed hike odds have climbed to 52% while 30-year U.S. Treasury yields have pushed above 5%, tightening financial conditions and upping the pressure on risk assets from stocks to crypto.Futures now price a 52% chance of at least one Fed rate hike.The 30-year U.S. Treasury yield has moved above 5% for the first time since 2007.Higher-for-longer yields threaten altcoins and DeFi protocols reliant on cheap liquidity.  Market-based indicators show traders assigning a roughly 52% probability that the Federal Reserve will raise interest rates again before year-end, reversing earlier consensus that the next move would be a cut. That marks the first time since the tightening cycle peaked that rate-hike odds have clearly outweighed expectations of cuts, according to futures-based tools that track implied probabilities from Fed funds contracts.  Those shifting expectations are moving fast along the yield curve. The 30-year U.S. Treasury yield has surged through the 5% threshold, with recent auctions clearing around 5.06% and secondary-market trading hovering near 5.1%—levels not seen since before the global financial crisis. In a recent auction, the U.S. Treasury sold $25 billion of 30-year bonds at a high yield of about 5.058%, underscoring how investors are demanding a higher term premium to hold long-dated U.S.

05-22Industry
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