In May 2026, the number of active addresses on the Wrapped Bitcoin (WBTC) network dropped sharply to just 2,134, marking the lowest level seen since the start of the year. This figure, calculated using a seven-day moving average by CryptoQuant’s on-chain analysis, highlights a significant decline in activity on the Ethereum-based version of Bitcoin. DeFi
BitMEX founder Arthur Hayes said Bitcoin holders should not confuse Michael Saylor’s buying machine with a safety net for their own portfolios. Arthur made the point during a May 13 interview with Scott Melker (aka Wolf of All Streets), where he said Michael’s role is tied to Strategy (MSTR), not to ordinary investors holding Bitcoin
Bitcoin has sparked discussions across the crypto market just after its price slipped below the $75,000 mark on Saturday, May 23. This weak price move has seen traders increasingly turn bearish on the world’s largest crypto asset. As such, a popular crypto prediction platform, Kalshi, has issued a bearish forecast on Bitcoin. Bitcoin to fall
Prediction market traders on Polymarket have placed more than $154 million in bets on whether the United States and Iran will reach a permanent peace deal in 2026, as President Donald Trump described his decision as a “solid 50/50” between accepting a diplomatic agreement and resuming military strikes. Bitcoin rose 1.5% on the news, reclaiming
After crumbling about 4% late Friday into early Saturday, bitcoin has more than retraced those losses in the past few minutes after President Trump announced a coming agreement with Iran and other Middle Eastern countries. “An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran,
Bitcoin may be entering a new period of outperformance against traditional assets as inflation pressures persist and bond markets weaken, according to Risk Dimensions chief investment officer Mark Connors. Connors, who spent years as the global head of portfolio management at Credit Suisse, said bitcoin recently broke out of what had been its longest stretch
In a recent interaction on X, longtime cryptocurrency critic Peter Schiff warns that the $60,000 level might not be the ultimate price floor for Bitcoin price, referring to it as a “trap door”. This is in contrast to the widely held view that $60,000 might be the ultimate price floor in this current cycle and
The TRIX indicator, which has reliably flagged the lowest Bitcoin price for each cycle since 2015, has now identified where the asset could bottom for the current cycle. Bitcoin ($BTC) plummeted to a floor price of $60,000 in early February, and market analysts have continued to assess whether this marked the bottom of its cycle.
Bitcoin consolidation around $74,000–$75,000 is the only story that matters right now. Analysts have identified this zone as a critical structural support level that must hold to preserve the longer-term bullish outlook. A daily close below $74,000 would weaken the prevailing framework and increase the probability of a deeper retracement toward $72,000. Bitcoin has tested