Crypto and stocks go their separate ways as bitcoins failed breakout continues to weigh

Bitcoin added as much as 0.4% since midnight UTC on Friday and was recently just 0.07% higher after slumping to its lowest level since early April the day before.  Thursdays drop extended a decline that has emerged over the past three weeks after a failed attempt to climb above $83,000. There is now a chance that the rejection will have contributed to a series of lower highs dating back to October — a key characteristic of a bear market.  Ether (ETH) tracked bitcoin. It fell to $1,965 on Thursday before staging a recovery back above $2,000.  U.S stocks continued to outperform the crypto market on Friday, with S&P 500 and Nasdaq 100 index futures both posting 0.15% gains as the equity gauges approached fresh record highs.  There is no clear explanation why the crypto market is struggling against sectors it has historically been correlated with. The divergence since early October, however, aligns with a leverage wipeout that the market has failed to fully recover from.  Derivatives positioningBTC open interest sits at $20.05 billion, up from $19.7 billion a week ago, with speculative positioning showing slight growth.Funding rates remain positive across multiple venues at under 10% annualized. The exception is Deribit, where they spiked to 44%.The

05-30

Early Bitcoin Dip Buyers Show Up But Will They Reverse The Trend?

When Bitcoin (BTC) finally escaped from its channel pattern and secured a multiple-day close above the $77,000 resistance, traders rejoiced and declared the downtrend over.  Fast-forward to the present and BTC has fallen below multiple support levels and appears at risk of retesting $70,000, a 16% decline from its range highs.  While billion-dollar spot BTC ETF outflows, resumption of combat between the US and Iran, concerns over rising inflation and growing fear that the CLARITY Act will not pass in the Senate are all factors in , the real question is whether spot and futures demand will kick in and stem the price decline.  Since falling below $75,000 in February 2026, the level has served as an important support/resistance level. With $60,000 agreed upon by analysts as the cycle bottom for BTC, longer-term leverage was built around the $70,000 to $75,000 zone, and much of that is being cleared out this week.  Liquidation heatmap data from Hyblock highlighted this dynamic, and in a post on X, the analysts ,  “On the higher lookback (1 month of liquidity), we continue stairwelling down, taking another large long liq cluster.”  While revisiting the lower boundaries of Bitcoins 2026 range is far from ideal for bulls, a silver lining has

05-30

Solana Clings To Critical Multi-Year Support As Breakout Pressure Builds

Solana is approaching a pivotal moment as price continues to defend a key multi-year support zone near the $79 level. After months of consolidation and repeated failed breakouts, growing signs of accumulation are now fueling speculation that SOL could be preparing for its next major upside attempt.  SOLs $79 Support Emerges As The Most Critical Level On The Weekly Chart  Strategist Scient identifies two critical price levels that define Solanas macro landscape: the 2024 low at $79 and the impulsive high at $210. This $210 level is particularly significant, as it marks the peak of the 2021 altseason. Since that time, the market has attempted to reclaim this threshold on three separate occasions, only to be met with rejection each time.  The narrative of these failed breakouts reveals a challenging multi-year structure, with the second rejection, originating from the 2024 lows, igniting a year-long consolidation phase that culminated in a third failed attempt in September 2025. Following that final setback, selling pressure intensified, leading to a swift retracement to the 2024 low, where accumulation has been ongoing.  SOLs price action is exhibiting clear signs of accumulation while hovering near these historical lows, which sets the stage for a potential breakout attempt. Interestingly, Scient notes

05-30

Zcash is Predicted to Reach $562.89 By Jun 04, 2026

Zcash is down -3.99% today against the US DollarZEC/BTC decreased by -3.80% todayZEC/ETH decreased by -4.25% todayZcash is currently trading 8.09% below our prediction on Jun 04, 2026Zcash gained 55.50% in the last month and is up 891.85% since 1 year agoZcash price$ 517.36Zcash prediction$ 562.89SentimentFear & Greed indexKey support levels$ 515.56, $ 500.82, $ 477.87Key resistance levels$ 553.25, $ 576.20, $ 590.94  ZEC price is expected to rise by 8.02% in the next 5 days according to our Zcash price prediction  Zcash price today is trading at $ 517.36 after losing -3.99% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -3.94% in the same time period. ZEC performed poorly against BTC today and recorded a -3.80% loss against the worlds largest cryptocurrency.  According to our Zcash price prediction, ZEC is expected to reach a price of $ 562.89 by Jun 04, 2026. This would represent a 8.02% price increase for ZEC in the next 5 days.  ZEC Price Prediction Chart  Buy/Sell Zcash  What has been going on with Zcash in the last 30 days  Zcash has been displaying a positive trend recently, as the coin gained 55.50% in the last 30-days. The medium-term trend for

05-30

Why Anthony Gordon Instantly Won Over Barcelona Fans At His Unveiling

Europa Press via Getty Images  Finalizing one of the fastest-to-complete transfers in recent memory, Anthony Gordon is now an FC Barcelona player after joining the Catalans in a reported $93 million deal with Newcastle United.  Tied down until 2031, Gordon had to wait eight hours for his unveiling, with Barça giving members of the press that had been there since midday at the Joan Gamper CT headquarters burgers and fries to tame their hunger.  When he finally took to the stage in the evening with a Gordon 2031 Blaugrana shirt, however, the suited 25-year-old impressed both the media and Culers with the way he spoke.  “I always wanted Barça. It‘s the biggest club on the planet. It’s the stuff I dreamed of as a child. It really is a dream come true,” Gordon said.  He then showed off impressive Spanish fluency and was asked why this was the case.  “I wanted to speak Spanish because as a kid I believed I would play for Barça, believe it or not,” he said.  “I hac a [Spanish] physio in Newcastle and we spoke every day, and I told him one day I‘ll play for Barça, so I want to learn Spanish. So that’s how I speak some.”  Anthony Gordon seems

05-30

Why Gamers Still Reject Wallet-First Onboarding

Account Abstraction in Practice  Account abstraction (AA) lets wallets behave like smart contracts, enabling policies such as social recovery, spend limits, multiple signers, and sponsored transactions. On Ethereum, the ERC-4337 standard defines a system around “user operations,” bundlers, and paymasters rather than raw transactions.  For technical grounding, see the ERC-4337 specification on the Ethereum Improvement Proposals site: EIP-4337. Conceptual introductions are also covered in Ethereums documentation on smart accounts: ethereum.org.  What AA unlocks for gamesSmooth sessions: Session keys and batched actions reduce signature spam.Sponsored play: Paymasters can cover or batch gas so tutorials feel free.Recoverability: Guardians and social recovery align with mainstream expectations.Policy-driven safety: Rate limits or allowlists protect assets without stopping play.  Tooling and ecosystems  Studios can choose between building their own AA stack or integrating an SDK from providers that offer embedded wallets, key management, and relaying. Options on the market include solutions like Web3Auth, Magic, Sequence, and Privy, among others. Evaluate them on security architecture, export/migration options, pricing, and platform support.  Gaming-oriented networks and toolkits increasingly market features like gas abstraction and onboarding SDKs. If youre exploring ecosystems, start from official portals to review capabilities and constraints: Immutable, Polygon, Ronin. Implementation details differ by stack, so confirm how wallets, paymasters, and relayers are

05-30

Sui Mainnet Recovers Again as Epoch Transition Bug Lays a Deeper Consensus Problem

The network carries a $3.6 billion market cap alongside approximately $300 million in total value locked. That puts the TVL-to-market-cap ratio at around 8%. Analysts point out that healthy Layer 1 ecosystems typically run that figure somewhere between 30 and 50 percent. The gap between where Sui sits and where a genuinely adopted Layer 1 should be is not small.  SUI has had four mainnet halts in may including epoch transition failures at the consensus layer. validators frozen on user transactions right now. price down 3% on the day. $3.6b market cap with $300m TVL, thats 8%. healthy L1s run 30-50%. bulls keep running the solana…  The muted price movement is drawing its own interpretation. Venture capital firms are estimated to hold between 40 and 60 percent of SUIs circulating supply, a concentration that makes large-scale selling effectively self-defeating. Any significant move to exit that position would crater the price those same holders are sitting on. What looks like a stable floor, observers warn, may be something closer to a structural ceiling on selling pressure, not a genuine expression of market confidence. The floor holds not because buyers are stepping in, but because the largest holders cannot leave without destroying what they

05-30

Coinbase vs. JPMorgan Feud Escalates Over the CLARITY Act

“Heated Rivalry” is also the title of a 2019 gay hockey romance novel adapted for television in late 2025.  The meme amplified the industrys underlying argument. Bank opposition to stablecoin yield rewards looks like incumbent protectionism, not consumer protection.  Amid the escalating feud, Coinbase now compares to Charles Schwabs late-1970s disruption of brokerage commissions. The comparison resonates with crypto traders who see Coinbase eroding traditional bank margins.  “Coinbase is to current finance/banking what Charles Schwab was to finance/trading in the late 70‘s and 80’s. Schwab radically disrupted Wall Street then. Coinbase is radically disrupting Wall Street now. Schwab ultimately destroyed commissions and fees on transactions. Coinbase is destroying market hours, access, tech, and margins/interest,” remarked Andrew, co-founder of Arch Public.  Industry figures argue the existing framework already imposes Bank Secrecy Act rules on exchanges.  The pushback signals a coordinated response to months of bank lobbying. The Senate floor vote is expected in June.  The post Coinbase vs. JPMorgan Feud Escalates Over the CLARITY Act appeared first on BeInCrypto.

05-30

Bitcoin ETFs suffer record 9-day outflow streak as $2.8 billion exits funds

U.S. spot bitcoin ETFs have now recorded nine consecutive trading days of net outflows, marking the longest withdrawal streak since the products listed in January 2024. SoSoValue data  Over the nine-session run, investors pulled roughly $2.8 billion from the funds, surpassing any previous period of sustained selling pressure.  U.S. spot bitcoin ETFs have shed approximately $1.3 billion this week, extending a run of three consecutive weeks of net outflows, according to data tracked by SoSoValue. Monthly withdrawals now stand at roughly $2.3 billion.  The outflows have coincided with a sharp decline in bitcoin, which has fallen from roughly $80,000 to $73,000 over the period. However, the broader backdrop extends beyond bitcoin‘s own price action. Since the start of the year, bitcoin has lagged many of the market’s best-performing assets, particularly AI-related equities, semiconductor and memory-chip stocks, which have continued to attract capital amid growing enthusiasm around AI infrastructure spending.  Signs of institutional selling have also emerged beneath the surface. BlackRocks iShares Bitcoin Trust (IBIT) recorded its largest single-day outflow since launch earlier this week, driven largely by a sizeable dark pool transaction. While the precise motivation behind the trade is unknown, the scale of the redemption suggests some investors may be reallocating capital away

05-30

Bitcoin’s Next Correction May Be Linked To $9B Options Expiry

Bears gained a major edge ahead of Fridays $9 billion options expiry, especially if Bitcoin price stays below $74,000.Spot Bitcoin ETF outflows and corporate BTC balance reductions fueled market pessimism.  Bitcoin (BTC) retested the $72,500 level for the first time in six weeks on Thursday, triggering $342 million in liquidations for bullish leveraged positions. Despite a subsequent relief bounce to $73,500, traders are worried that bears will keep control due to the upcoming $9 billion monthly options expiry.  Deribit holds a 70% market share for the May monthly options expiry, capturing $3.4 billion in open interest for calls (buy) and $2.91 billion for puts (sell). However, bulls were caught off guard when Bitcoin broke below $78,000 on May 17.  If Bitcoin stays below $74,000 heading into Fridays expiry, only $306 million worth of call options will remain in the money. In contrast, put options targeting $74,000 or higher total $1.05 billion, giving bearish strategies a massive advantage.  Even if Bitcoin reclaims $74,000 by Friday, put options will still outpace call instruments by $265 million. On the bright side, there is no excessive demand for downside protection right now, as put options volume typically spikes only when traders anticipate severe negative surprises.  The Bitcoin options put-to-call

05-30
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