Bitcoin, Ethereum traders brace for $1.9B options expiry

Bitcoin options expiry saw traders cut risk, with Greeks.live data pointing to weak activity, lower implied volatility, and defensive positioning.Greeks.live said 21,000 Bitcoin options expired with $1.6 billion in notional value settled on Friday.Ethereum options activity cooled as 129,000 contracts expired, with ETH spot below max pain levels.Lower implied volatility and defensive whale trades point to weaker appetite after Bitcoins rally stalled.  Greeks.live said 21,000 Bitcoin options expired on May 22, carrying a put-call ratio of 0.66, a max pain level of $78,500, and $1.6 billion in notional value. The data also showed 129,000 Ethereum options expired, with a 0.92 put-call ratio, a $2,200 max pain level, and $280 million in notional value.  The expiry came after Bitcoins one-and-a-half-month rally lost momentum. Bitcoin (BTC) traded near $77,500 on May 22, while Ethereum (ETH) held close to $2,130, according to crypto.news data. That placed Bitcoin near the BTC max pain level and Ethereum below its ETH level.  Traders show less appetite for risk  Greeks.live said market activity stayed muted this week. Less than 5% of Bitcoin options expired, while Ethereums weekly settlement also made up only about 5% of open positions. The smaller share points to a lighter expiry compared with larger monthly settlement events.  May

05-23

Ethereum Price Prediction – ETH Price Estimated to Reach $2,305.39 By May 27, 2026

Ethereum is down -3.09% today against the US DollarEthereum is currently trading 10.45% below our prediction on May 27, 2026Ethereum dropped -13.54% in the last month and is down -21.90% since 1 year agoEthereum price$ 2,064.57Ethereum prediction$ 2,305.39SentimentFear & Greed indexKey support levels$ 2,109.10, $ 2,085.18, $ 2,065.83Key resistance levels$ 2,152.36, $ 2,171.71, $ 2,195.63  ETH price is expected to rise by 11.31% in the next 5 days according to our Ethereum price prediction  Ethereum price today is trading at $ 2,064.57 after losing -3.09% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -2.35% in the same time period. ETH performed poorly against BTC today and recorded a -0.62% loss against the worlds largest cryptocurrency.  According to our Ethereum price prediction, ETH is expected to reach a price of $ 2,305.39 by May 27, 2026. This would represent a 11.31% price increase for ETH in the next 5 days.  ETH Price Prediction Chart  Buy/Sell Ethereum  What has been going on with Ethereum in the last 30 days  Ethereum has been displaying a negative trend recently, as the coin lost -13.54% in the last 30-days. The medium-term trend for Ethereum has been bullish, with ETH increasing by

05-23

SEC Holds Back Tokenized Equity Rules Over Regulatory Concerns

The U.S. Securities and Exchange Commission (SEC) has postponed plans to develop rules for trading tokenized stocks in the country. According to reports, agency had delayed work on regulations that would pave the way for tokenized trading on the American stock exchange. The decision reflects a continuing wariness on the part of the agency with respect to traditional finance-related digital assets.  US SEC Delays Tokenized Stocks Regulation  For context, tokenized stocks are securities that are issued on the blockchain. There are claims that it allows quicker settlement, reduced trading restrictions and 24/7 access to the market. The SEC had so far been considering a rule that would allow such products to enter U.S. markets.  Investor protection, custody requirements, and risks to investors were the SECs concerns but the effort has been halted, per a Bloomberg report. The regulators are also considering the implications of tokenized equities on the existing securities laws and exchanges regulations.  Further, the SECs action comes on the heels of its recent tougher stance on the crypto sector. Former Chair Gary Gensler had previously made the argument that a number of digital assets should be subject to Federal Securities legislation.  Moreover, the postponement caused a reaction of mixed feelings in the financial

05-23

Polymarkets $700K exploit targets USDC, POL - Are user funds safe?

Another day, another crypto exploit.  Crypto hacks have accelerated in 2026, and someone targeted Polymarket on the 22nd of May. Here is how the exploit happened on the worlds largest prediction markets:  Explaining Polymarkets exploit  According to ZachXBT, Polymarkets UMA CTF Adapter was exploited on the Polygon [POL] network, and more than $700K has been laundered. The hacker drained roughly $458K USDC and more than $200K POL on the UMA CTF Adapter contract.  The attacker looks to have compromised a private key tied to the rewards payout system. The hack came after a new rebate program was introduced. Shantikiran Chanal said,  Were aware of the security reports linked to rewards payout.  Looking into the details, the hacker then siphoned 5,000 POL every thirty seconds to a single address. The funds have since been distributed to 16 addresses and then moved to centralized exchanges (CEXs) and other services like mixers.  Source: Bubblemaps  ZachXBT has previously called out some of these CEXs used to launder money for failing to freeze stolen funds. These exchanges include KuCoin and HTX, among others.  ZachXBT and Bubblemaps have asked traders to pause Polymarket activities for now. However, Polymarkets staff assured users of safety for their funds.  Polymarket statement as community reacts  A software engineer at Polymarket, Shantikiran

05-23

Trump Media moves over 2K BTC to crypto.com, what does it mean for Bitcoin?

Transferred funds remain in the Crypto.com wallet.  Earlier this year, Trump Media moved 2,000 Bitcoin valued at roughly $175 million when Bitcoin (BTC) traded around $87,378. Since then, the market has weakened further, with Bitcoin hovering near $77,700 at the time of the latest transfer.  Corporate treasury losses deepen  Based on Trump Medias previous disclosures, the company originally accumulated 11,542 BTC at an average purchase price of about $118,522 per coin, spending close to $1.37 billion on the position. At current market prices, the remaining treasury has fallen well below its entry level.  Quarterly filings released by the company showed that its Bitcoin holdings had already declined to 9,542 BTC after the first transfer. Following the latest 2,650 BTC movement flagged by Lookonchain, the stash now appears to stand near 6,889 BTC.  Recent financial results have already shown the impact of the downturn. Trump Media reported a $405.9 million net loss for Q1 2026, with $368.7 million tied to unrealized markdowns on digital assets, pledged crypto assets, and equity securities.  Within the filing, the company disclosed that its Bitcoin holdings carried a cost basis of roughly $1.13 billion while their fair value had dropped to about $647 million by the end of March. Trump Media also

05-23

Will Bitcoin price revisit $76K as bullish trendline support collapses?

The breakdown also pushed Bitcoin beneath its 20-day moving average around $79,375 while keeping the price trapped below the 200-day moving average near $80,825.  Meanwhile, the 50-day moving average around $76,427 has emerged as the next major technical support. Daily candles are now compressing between declining short-term resistance and the rising 100-day moving average near $72,553.  The MACD histogram on the daily chart has turned negative, while the MACD line itself is beginning to cross lower beneath the signal line. Earlier bullish momentum from Aprils recovery phase has faded steadily throughout May as buyers failed to produce a convincing breakout above resistance.  Liquidation data from CoinGlass suggests Bitcoin may still be vulnerable to another sweep lower before stabilization occurs. The 24-hour liquidation heatmap shows dense long liquidation clusters sitting between $76,000 and $76,500, with another concentration near $74,000. Large liquidity pockets above the current price remain concentrated near $78,000 to $79,000, potentially acting as short-term magnets during relief bounces.  Bitcoin liquidation heatmap | Source: CoinGlass  Crypto trader Lennaert Snyder said Bitcoins daily candle had closed “pretty weak” after failing to reclaim the $78,200 highs. According to Snyder, the market remains trapped in a choppy mid-range structure, with a likely sweep of “sell-side liquidity at the

05-23

Tom Lee says SpaceX, OpenAI and Anthropic IPOs could reshape markets

Tom Lee, chairman of Bitmine Immersion Technologies and co-founder of Fundstrat, does not expect the coming wave of mega IPOs to derail markets even if they could eclipse the entire dot-com boom in scale.  Lee recently discussed the potential effect of SpaceX, Anthropic, and OpenAI listing which could unleash trillions of dollars in new equity supply into public markets.  In inflation adjusted terms, Elon Musks SpaceX alone could become the second largest IPO ever, seeking a market valuation above $1.5 trillion, behind only Saudi Aramco.  Lee acknowledged concerns about the amount of supply these listings could introduce into public markets, especially after the standard 90-day lock-up periods expire. He noted that SpaceX is likely the most anticipated IPO ever, Lee estimates the three IPOs could generate trillions in supply, equivalent to roughly 5% to 6% of the S&P 500s total market capitalization.  Despite the scale, Lee does not believe the situation is necessarily outright bearish for the markets. He argues that family offices, pensions, and high net worth investors currently hold historically low allocations to public equities after years of favoring private markets and alternative investments.  There is significant capital available to absorb the liquidity as allocations rotate back toward U.S. public stocks, in Lees

05-23

Bitcoin-owning Kevin Warsh sworn in as Fed chair by Trump at White House

Kevin Warsh took the oath as Federal Reserve chair at the White House on Friday morning, giving President Donald Trump a new Fed chief at a rough time for the U.S. economy.  Supreme Court Justice Clarence Thomas swore him in. Treasury Secretary Scott Bessent, Federal Housing Finance Agency Director Bill Pulte, National Economic Council Director Kevin Hassett, and Justice Brett M. Kavanaugh were also at the ceremony.  Kevin now has to deal with a president who wants much lower interest rates, a Fed board that does not fully agree on inflation, and traders who think the next rate decision may not be a cut at all. It may be a hike.  Kevin takes the Fed job as Trump demands cheaper money and inflation stays hot  Trump used the ceremony to say Kevin should make his own calls at the central bank, even though Trump has been loud about wanting lower rates.  “I want Kevin to be totally independent. I want him to be independent and just do a great job. Don‘t look at me. Don’t look at anybody. Just do your own thing. Do a great job. Okay?” Trump said. “We want to stop inflation, but we dont want to stop greatness.”  Kevin has not been

05-23

F2Pool co-founder joins SpaceX’s 2-year Mars flyby plan

F2Pool co-founder Chun Wang plans to join SpaceXs Starship program for a two-year mission that would fly beyond the Earth-Moon system and past Mars.F2Pool co-founder Chun Wang plans to join SpaceXs two-year Starship mission for a Mars flyby.Wang previously commanded Fram2, the first human spaceflight to fly over Earths polar regions.F2Pool remains a major Bitcoin mining pool, holding about 10% market share by recent data.  SpaceX has announced Wang as part of a planned Starship mission that would travel beyond the Earth-Moon system, conduct a Mars flyby, and return to Earth. Universe Today reported that SpaceX described the trip as a two-year round journey, though no launch date has been announced.  Chun will also join Starships first commercial spaceflight around the Moon  — SpaceX (@SpaceX) May 21, 2026  Wang said the mission would start with a flyby rather than a landing. He said “Its going to be a flyby mission of Mars,” adding that such a flight could help build momentum for future missions.  Lunar flight comes before Mars  Before the Mars trip, Wang is expected to join Dennis Tito and Akiko Tito on a planned commercial Starship flight around the Moon. The weeklong mission would pass within about 200 kilometers of the lunar surface, according

05-23

Can Solana price overcome double-top resistance and rally above $100?

Momentum indicators have weakened but have not fully rolled over into bearish territory. The MACD histogram on the daily timeframe remains negative, although selling momentum has gradually faded over the past several sessions. Weekly MACD readings have also started stabilizing after months of persistent downside pressure, raising the possibility of a medium-term trend reversal if buyers reclaim higher resistance levels.  From a structural perspective, traders are closely monitoring the 0.382 Fibonacci retracement region between $87 and $90. Analysts view sustained closes above that area as an early confirmation that Solana may be transitioning out of its post-double-top consolidation phase. A breakout above $90 could expose liquidity near $95 before opening the path toward the key psychological barrier at $100.  According to analyst Javon Marks, Solana is once again holding a long-term support area that previously triggered explosive rallies. In a recent market update, Marks said one historical rebound from the level generated an 80% rally while another produced gains exceeding 270%.  “With prices showing strength off of this support level again, we are watching for an over 165% climb to test a key technical level at $233.8 again,” Marks wrote in a May 22 X post.  Everyone loved $SOL at $295. Nobody wants it

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