New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’
Binance pool miner reserves slipped from 41,987 to 41,915 in May, a small but telling sign that selling pressure from miners has not fully stopped. Crypto analysts said that because Binance Pool controls a major share of global hash rate, its behavior tends to reflect how Bitcoin miners feel before the broader market catches on. Related Reading: Bitcoin Treasury Company Nakamoto Takes Action To Prevent Stock Slide The Miner Position Index remains below historical panic-selling levels, and the Puell Multiple — a gauge of miner revenue relative to long-term averages — is still under one.....
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A 30% rise in investor interest. That is part of what Canary Capital CEO Steven McClurg is predicting for XRP before December, on top of a price that he believes could double from where it stands today. Related Reading: New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’ The Road To Year End McClurg, who leads one of the first firms to file for a spot XRP exchange-traded fund in the US, laid out a three-phase path he expects the market to follow over the rest of 2026. The near term, he said, will be rough. Summer is expected to bring pressure across both equities and crypto....
XRP is trading through another rough stretch alongside the wider crypto market, but the story beneath the price chart is not as quiet as the red candles show. The entire crypto market has been down by over 5% in the past seven days, and the XRP price has also struggled to hold momentum, but the latest volume updates show that traders, large holders, ETF investors, and XRP Ledger users are still active. Related Reading: New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’ Major XRP Volume Updates The first major volume update is tied to XRP’s largest holders. Data shared by crypto....
Ethereum (ETH) has been under heavy selling pressure in recent weeks, leaving many retail investors uncertain about when to enter the market. However, Lingrid, a TradingView crypto expert, has stepped in, pinpointing an area she calls a “Kill Zone,” which reveals the most ideal entry point for traders looking to buy ETH at the best possible price before the next major move higher. Analyst Flags Ethereum Kill Zone As Prime Buy Area On May 20, Lingrid shared a new TradingView analysis of the Ethereum price, outlining what she believes is the ideal buy zone for investors and traders....
Six straight days of outflows from US spot Bitcoin ETFs — totaling $1.26 billion — are drawing attention not for the losses they represent, but for what history suggests might come next. What The Data Shows Blockchain analytics firm Santiment says these outflows should be read as a counter-signal rather than a warning. According to the firm, ETF flows reflect retail investor behavior more than institutional positioning, which means sustained outflows tend to mark bottoms rather than the start of deeper slides. Related Reading: New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’....
Ethereum has begun to bounce strongly since last week’s lows, correlating with a move higher in the price of BTC. ETH currently trades for $590, though moved extremely close to $600 earlier today. Analysts are optimistic that the cryptocurrency will continue its ascent in the days and weeks ahead as it holds key technical levels. […]