Identifying the 60% Bitcoin dominance problem for Ethereum bulls

Ethereum [ETH] has had a tough year compared to Bitcoin [BTC].  While Bitcoin continues to attract most of the markets attention, Ethereum has struggled. The market still looks BTC-led, with investors preferring it over altcoins for now.  BTC has the upper hand in 2026  Ethereum has spent most of the year struggling against Bitcoin. The ETH/BTC pair is down close to 20% YTD, which simply means ETH has not kept pace with BTCs strength.  Source: TradingView  This is important. ETH/BTC is often used as a quick way to judge whether the market is moving towards altcoins or staying focused on Bitcoin.  Right now, the indication is fairly clear. Capital is still favouring Bitcoin, and Ethereum has not shown enough momentum to challenge that trend.  Investors are pulling back too!  Bitcoin Spot ETFs saw weekly net outflows of about $1.26 billion, while Ethereum Spot ETFs also recorded outflows of around $216 million.  Source: SoSoValue  This tells us two things.  First, risk appetite has slowed down in general, even for Bitcoin. Second, the weakness is not leading investors towards Ethereum or other altcoins.  Source: SoSoValue  Bitcoin still has a much larger ETF asset base. So, even during outflow weeks, it remains the main institutional crypto trade.  Ethereum, on the other hand, has been seeing weaker price

05-26

Ethereum Whale Transfers 2,000 ETH After Decade-Long Hold

An address beginning with 0x158 moved nearly 2,000 ETH after more than 10 years.Arkham data showed the ETH was bought during Ethereums 2014 presale at about $0.31 per coin.Ethereums 2014 token sale ran from July 22 to September 2, with ETH priced around $0.31.  A long-dormant Ethereum presale wallet moved nearly 2,000 ETH after holding the coins for more than a decade, turning one of Ethereums earliest purchases into a multimillion-dollar position.  Arkham monitoring showed that the address, starting with 0x158, bought the ETH during the 2014 Ethereum presale at about $0.31 per token. At current prices, the transfer was worth around $4.2 million, compared with an original cost of roughly $620.  Presale Wallet Moves After 10 Years  Data showed the old wallet moved 1,998 ETH to another address, followed by two smaller 1 ETH transfers. The larger transfer was valued at about $4.22 million in the dashboard data.  The receiving wallet held around 1.999K ETH after the movement, with the portfolio value shown near $4.22 million. The ETH price on the Arkham screen was around $2,113.15, matching the approximate valuation of the transfer.  The address had stayed inactive for years after acquiring the coins during Ethereums earliest funding period. That makes the movement notable since

05-26

Indonesia Blocks Polymarket After Bets on Presidents Exit

Indonesia blocked access to Polymarket after the prediction market platform hosted wagers on whether President Prabowo Subianto would leave office before the end of his term.  Indonesias Ministry of Communication and Digital Affairs (Komdigi) announced the block on Friday, describing Polymarket as an “online gambling site disguised as a prediction market.”  “The government will not allow any form of online gambling in Indonesia,” ministry official Alexander Sabar said, adding: “Activities like Polymarket involve betting and speculation on uncertain outcomes, thus violating Indonesian law.”  The move adds Indonesia to a growing list of jurisdictions treating prediction markets as gambling products, not merely forecasting tools, as platforms such as Polymarket and Kalshi face mounting legal scrutiny worldwide.  Political bets trigger scrutiny  The government action came days after Polymarket opened a wager tied to Prabowos presidency, allowing users to bet on whether the Indonesian leader would leave office early.  One of the markets, which appeared on Polymarket on May 21, lets users bet on whether Prabowo would leave office before several future dates, including May 31, June 30 and Dec. 31, 2026, even though his five-year presidential term is set to run until October 2029.  The market recorded more than $46,000 in trading volume, with traders pricing a 1% chance

05-26

Dow Jones Price Prediction: Record High as Analysts Warn of Correction

The Dow Jones Industrial Average trades near 50,579.70 as of the latest close, up 294 points or 0.58%, after hitting a fresh all-time intraday high of 50,830.24 on May 22. The index also locked in a record closing high on the same day as U.S. equities continued pushing into new territory.  As of May 25, U.S. markets remain closed for the Memorial Day holiday, with regular trading scheduled to resume on May 26 across the New York Stock Exchange and Nasdaq.  The Dows strong performance places it alongside the S&P 500 and Nasdaq, both of which have recently posted repeated record highs. However, investors now weigh whether momentum can continue or whether a short-term correction may emerge after the extended rally.  Market Drivers Behind The Rally  The broader U.S. stock market continues to respond to a mix of macroeconomic and geopolitical factors. Investors track developments in the Middle East closely, particularly ongoing U.S.-Iran negotiations and their potential impact on global oil supply.  Rising energy prices earlier this year pushed bond yields higher and briefly pressured equities. More recently, easing Treasury yields near 4.5% on the 10-year note helped improve sentiment and support risk appetite.  At the same time, optimism around artificial intelligence and resilient corporate earnings

05-26

Binance OpenAI perpetual launch in pre-IPO futures

Binance OpenAI perpetual trading is entering a new phase, with Binance adding an OpenAI-linked contract to its growing pre-IPO futures lineup. The exchange has listed its second Pre-IPO Perpetual Contract on Binance Futures, called the OPENAIUSDT Pre-IPO Perpetual, and the product is tied to the anticipated public market valuation of OpenAI Group PBC.  That makes OpenAI the latest private-market name to move into a crypto-native trading format usually reserved for publicly traded assets. Just days earlier, Binance launched its first contract in the category, which was linked to SpaceX.  The timing matters. Binance says its new pre-IPO perpetuals category generated more than $280 million in cumulative trading volume in its first five days. As a result, the exchange is seeing early evidence that traders want ways to price major private-company stories before any actual stock listing begins.  Binance adds an OpenAI-linked Pre-IPO perpetual  The new listing, OPENAIUSDT Pre-IPO Perpetual, is Binances second Pre-IPO Perpetual Contract on Binance Futures.  At the center of the product is a simple idea: let eligible users trade around expected valuations of major private companies before a potential public debut. In this case, the Binance OpenAI perpetual is based on the anticipated public market valuation of OpenAI Group PBC, one of

05-26

Bitmine Stock Analysis: Bears Hold Near Key Support

BMNR — daily chart with candlesticks, EMA20/EMA50 and volume.Bitmine Stock Daily Technical OutlookTrend and Momentum  On May 22, BMNR closed at 18.88, below the 20/50/200‑day EMAs at 20.69, 21.51, and 26.39. The primary trend is down, so rallies face overhead supply. The daily RSI14 at 39.17 sits sub‑50, keeping momentum weak. Meanwhile, the MACD line at -0.66 remains below its signal at -0.30 with a -0.36 histogram, reinforcing downside control.  Volatility and Key Levels  The Bollinger center is 21.15 with the lower band near 18.27, and price hovers close to that edge. Therefore, the tape pressures the downside but nears short‑term stretch. ATR14 prints 1.22, elevated for this zone, so daily swings can accelerate. The daily pivot at 19.19 with R1 19.56 and S1 18.51 frames session risk. Notably, 19.19 is the first upside hurdle, while 18.51 marks the near‑term floor.  Hourly Chart Setup for BMNR  The 1H EMAs at 19.29 (20), 19.74 (50), and 20.89 (200) all sit above price, keeping intermediate pressure lower. The 1H RSI14 at 38.77 is subdued. However, the 1H MACD at -0.10 versus a -0.09 signal with a marginal -0.01 histogram is flattening, hinting at fading downside and room for mean reversion.  The 1H Bollinger mid sits at 19.34 with

05-26

Euro Stablecoin Showdown: Banks Pitch ‘Qivalis’ as ECB Pushes Back

Why the ECB Is Wary—and What the Pushback Targets  The ECBs public stance has been consistent: stablecoins can exist, but they should not become systemic substitutes for central bank money in everyday payments. The Bank worries about three things:Monetary sovereignty and unit of account: If private euros dominate retail payments, monetary policy transmission could be blurred, especially if tokens migrate across borders and lightly supervised venues. See the ECBs digital euro materials for policy framing (ECB digital euro).Run and redemption dynamics: Stress can trigger sudden redemptions into central bank money. Without robust reserve and liquidity management, even euro-referencing tokens can transmit shocks to payment rails.Fragmentation risk: Multiple non-interoperable bank tokens could recreate the pre-SEPA patchwork—bad for competition and cross-border commerce.  Hence the pushback. In speeches, blogs, and technical papers, ECB officials have argued that privately issued tokens used widely as a means of exchange must be strictly regulated (MiCA/e-money law) and closely supervised, with systemic variants subject to additional oversight at the EBA level. And when banks propose transferable tokens that behave like e-money, expect authorities to ask whether they should be brought squarely under the same rulebook.  None of this means bank tokens are off-limits. It means designs must fit within Europes

05-26

UNI Price Prediction: $4.20 Breakout Target as Whales Accumulate During Technical Reset

Market Context: DeFi Leader Tests Key Support  UNI sits 25% below its 200-day moving average of $4.51, reflecting broader market skepticism toward decentralized exchange tokens. The token trades in a critical zone where deflationary tokenomics compete against technical deterioration and intensifying competition from newer DEX protocols.  At current levels, UNI represents a test case for whether fundamental improvements can drive price recovery when technical momentum remains subdued. Blockchain.news analysis shows similar fundamental-technical divergences across major DeFi tokens, with UNI displaying the most pronounced disconnect between underlying protocol strength and price performance.  Technical Picture Shows Stalled Momentum  RSI at 44.35 hovers in neutral territory while MACD flatlines near zero, indicating complete momentum exhaustion rather than directional bias. UNIs position at just 16% between Bollinger Band extremes suggests consolidation rather than oversold conditions.  The derivatives market reflects this stalemate with funding rates at -0.0075%, showing neither speculative excess nor panic selling. Volume at $19.7 million represents steady institutional flow without retail excitement, while daily ATR at $0.22 indicates compressed volatility that typically precedes larger moves.  Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.  Full UNI price, calculator & analysis  Open interest increased 3.99%, suggesting institutional preparation for directional movement. The

05-26

Hackers Drain $3 Million From 86 Gnosis Safes in SquidRouterModule Exploit

Hackers stole approximately $3 million from 86 Gnosis Safes on SquidRouterModule.Only wallets that previously approved a vulnerable third-party module were targeted.Squids main router contracts and user funds were never affected by the exploit.  According to reports from Blockaid, hackers have exploited a vulnerable third-party SquidRouterModule linked to the Squid ecosystem.  In its latest post on X, the enterprise-grade Web3 security platform stated that the attackers drained approximately $3 million in about two hours from 86 Gnosis Safes before swapping the tokens to DAI via Uniswap V3 pools that they control.  What Made the Exploit Possible?  While providing further details on the attack, Blockaid noted that the attack was possible because the affected wallets had previously approved a vulnerable third-party module with broad transaction permissions. This allowed the attacker to pretend to be a trusted user while carrying out fake Uniswap V3 swaps without needing direct approval from wallet owners.  In a thread on X, Blockaid explained that the attackers funded their wallet with 2.1 ETH through Tornado Cash before launching the attack, after which they executed automated attacks on both the Ethereum and Base networks. The Hacker‘s next move was to remove liquidity from the pools, converting the stolen assets into around 3.07 DAI, which

05-26

First Good Buy Signal on XRP Since March Flashes: Santiment Intelligence

As social sentiment around the asset collapses back into what analysts refer to as a historical buy zone, XRP may be nearing a reversal point that can bring volatility back to the top-tier asset.  XRPs price directions  The ratio of positive to negative commentary has dropped to just 1.1 bullish comments for every 1 bearish comment, according to new Santiment intelligence, indicating that XRPs crowd sentiment has sharply declined once more. That degree of pessimism has historically often served as a contrarian signal for XRPs price movement.  The signals logic is quite straightforward. Many weak hands have already exited positions when traders on social media become overly fearful. This lessens the immediate selling pressure and can create circumstances in which even slight buying demand leads to stabilization or significant increases.  Ripples Schwartz Reacts to Passing of Ondo Finance Founder  Shiba Inu (SHIB), XRP, Hyperliquid (HYPE) and Bitcoin (BTC) Price Analysis for May 26: Risk Brings Profits  XRP/USDT Chart by TradingView  Santiments sentiment chart makes this trend very evident. Prior declines into the so-called FUD zone were often followed by local bottoms or, at least, brief periods of recovery. Since March, when XRP finally recovered from a protracted sell-off period, this reading represents the first significant return to

05-26
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