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NewsBTC

Has Bitcoin Bottomed At $60,000 To Return To $100,000, Or Is This Just The Start Of Another Crash?

Bitcoin is still trading above $60,000, but there are questions as to whether that area has already become the macro bottom for this correction or whether another crash could still drag the price back into that zone. Technical analysis using Bitcoin’s weekly RSI, prior cycle support, and the 21-week and 50-week EMA trend presents the bullish side of that trend, but bears can still argue that confirmation has not arrived until Bitcoin breaks above the weekly EMA structure. Bitcoin Might Have Bottomed Already The strongest argument that Bitcoin may have already bottomed is from the weekly RSI in

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NewsBTC

Bitcoin Outlook Hinges On A Handful Of Critical Price Zones

Bitcoin is approaching a pivotal moment, with several key support and resistance levels set to determine its next major move. While bulls are fighting to maintain critical price zones and preserve the broader recovery structure, bears continue to pressure the market from above. Bitcoin Struggles Below $78,080 As Bears Retain Control Analyst Kamile Uray notes that Bitcoin’s recent recovery attempt was feeble, with the price remaining trapped below the critical $78,080 threshold. Until the market secures a decisive 4-hour close above this level, the structural outlook remains vulnerable, and the

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NewsBTC

Ripple’s Growing Bank List: The Over 500 Institutions With XRP IDs

A directory in Ripple’s Payments documentation has drawn attention from XRP supporters after a user highlighted that it contains more than 500 financial institution identifiers across multiple regions. While these IDs are mainly used for routing payments and operational processes, the size of the directory has renewed interest in Ripple’s global payments network and the potential role XRP could play within it. Ripple’s Expanding Banking Network At the center of the discussion is Ripple’s Payments documentation, which contains extensive bank-ID directories used within its payment ecosystem. The

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NewsBTC

XRP To $1,000? Expert Lays Out Macro Domino Theory

Jake Claver has outlined his macro thesis for why XRP could eventually reach $1,000, arguing in a May 31 interview with MissCrypto that the asset may benefit from a rare convergence of global liquidity stress, stablecoin regulation, tokenization and real-time settlement demand. Claver acknowledged that the target appears extreme when viewed through the usual market-cap framework. But he argued that crypto investors are applying the wrong lens to assets designed to support global settlement networks.“ I know that seems like a high price point for a lot of people,” Claver said. “They look at the

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NewsBTC

Nearly $1 Billion In Iranian Crypto Falls Into US Hands

Some Iranian crypto wallet owners may not even know yet that their money is gone. Treasury Secretary Scott Bessent disclosed Friday that the US has quietly seized roughly $1 billion in digital assets tied to Iran, a figure that has nearly tripled from earlier estimates released just weeks ago. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn Operation Economic Fury The seizures are part of a campaign called Operation Economic Fury, launched in March 2025, which has gone after Iranian assets on multiple fronts — freezing bank accounts, confiscating properties wi

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NewsBTC

Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019

Ethereum is struggling to push above $2,000 as the market prepares for a decisive move that participants on both sides of the trade increasingly recognize as imminent. The price is compressing — and CryptoQuant data has identified a development in the derivatives market that explains why the current level feels like more than a routine resistance test. Related Reading: HYPE Whale Bets Grow Larger As Institutional-Linked Accumulation Reaches $170M On May 28, Binance recorded a 336,000 ETH increase in 30-day open interest while Ethereum traded near $1,990. That single-venue reading is the highes

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NewsBTC

Coinbase To Bring Global Crypto Derivatives To US Institutions After CFTC Nod

The US Commodity Futures Trading Commission (CFTC) has now opened the path for Coinbase and other CFTC-registered exchanges to offer regulated access to global crypto derivatives markets. Related Reading: Bitcoin Tests Critical Support As Bearish Signals Point To $60,000 Retest Coinbase Offers Access To Global Crypto Derivatives On Friday, Coinbase announced that its subsidiary, Coinbase Financial Markets (CFM), has become the first US-regulated Futures Commission Merchant (FCM) to offer its domestic clients access to global crypto derivatives markets. Crypto derivatives account for roughly 80

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NewsBTC

Ethereum Price Falls, But Whales Push Holdings To 10-Week High

On-chain data shows large wallets on the Ethereum network have continued to accumulate despite the price decline that the asset has faced. Ethereum Holders With At Least 100,000 ETH Now Control 22% Of Supply According to data from on-chain analytics firm Santiment, the Ethereum investors owning at least 100,000 ETH have been accumulating recently. At the current exchange rate, this 100,000 ETH cutoff converts to nearly $200 million, so the only holders that would qualify for the cohort would be the big-money ones. Related Reading: Cardano Millionaire Wallets Reach Highest ADA Holdings Since 20

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Bitcoin Magazine

Coinkite Launches Coldcard MK5: Major UX Upgrades to Flagship Bitcoin Hardware Wallet

Bitcoin Magazine Coinkite Launches Coldcard MK5: Major UX Upgrades to Flagship Bitcoin Hardware Wallet Coinkite has released the Coldcard MK5, building on the MK4’s dual secure element security with a larger Gorilla Glass screen, redesigned buttons, and improved NFC capabilities for smoother Bitcoin transactions. This post Coinkite Launches Coldcard MK5: Major UX Upgrades to Flagship Bitcoin Hardware Wallet first appeared on Bitcoin Magazine and is written by Juan Galt.

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Bitcoin Magazine

Retired Couple Loses $76,000 Life Savings to Bitcoin ATM Scam, Sues Bitcoin Depot in Federal Court

Bitcoin Magazine Retired Couple Loses $76,000 Life Savings to Bitcoin ATM Scam, Sues Bitcoin Depot in Federal Court An Idaho couple is suing Bitcoin Depot after scammers allegedly used its ATMs to siphon $76,000 in retirement savings. This post Retired Couple Loses $76,000 Life Savings to Bitcoin ATM Scam, Sues Bitcoin Depot in Federal Court first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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