Crypto Market Crash Continues Across Major Coins The crypto market is under pressure again, with major coins trading in the red while traditional markets show stronger momentum. Bitcoin is hovering near $73,000, Ethereum is trading close to the critical $2,000 level, and Solana has slipped below $85. The broader market picture also looks weak. $BTC,
Bitcoin [$BTC] has endured a tough second half of May. Earlier this month, the leading crypto marched, seemingly inexorably, past the $80k summit. The bullish price action was at odds with the myriad of on-chain metrics that suggested buyer strength was waning. The short-term upward momentum was also part of a relief rally that the
Sequans Communications (NYSE: SQNS), the Paris-based cellular IoT semiconductor company, has completed the full redemption of its remaining convertible debt, funded by the sale of a portion of its Bitcoin holdings — bringing a short-lived and costly digital asset treasury experiment to a close. The company now holds approximately 658 $BTC, described as “fully unencumbered,”
Project Acacia has now tested how tokenized asset markets could settle in Australia. The Reserve Bank of Australia and Digital Finance Cooperative Research Centre released findings from Project Acacia, a wholesale experiment that moved digital money and tokenization from policy theory into market plumbing. The project tested 20 wholesale tokenized asset market use cases across
Buying concert tickets increasingly feels less like competing with other fans — and more like competing with automated software. Bots now flood ticketing systems within seconds of sales opening, purchasing massive amounts of inventory before real fans ever reach checkout. The result is a resale market that regularly pushes ticket prices far beyond face value.
Bitcoin demand weakened further as the asset dropped to $72,000 during the early hours of 28th of May. While the Bollinger Bands suggested that $BTC traded near undervalued territory, broader data stayed bearish. Selling accelerated as geopolitical tensions in West Asia resurfaced. Why is Bitcoin demand falling? Demand weakened across both the Spot and Perpetual
The move cements ETF flow as the main driver of Bitcoin’s short‑term price action, with discretionary buyers increasingly forced to trade around institutional liquidity. Crypto ex‑Bitcoin ($BTC) and Ether ($ETH) ripped through a volatile 12‑hour window, with ETF outflows, Solana (SOL) memecoin manias and governance rug fears driving some of the sharpest moves on the
In brief Odds of Bitcoin falling below $70,000 before the end of May have risen on Polymarket and Myriad. Nevertheless, traders still believe it will hold the line, with odds of it falling below at just 26%. Bitcoin’s price slide has been catalyzed by significant ETF outflows and rising crypto liquidations. Prediction market users think
Bitcoin price has fallen more than 5.5% over the past week, sliding from above $77,000 to around $72,600 on Thursday as risk sentiment weakened. The move extends a broader pullback from early May’s highs above $82,000, leaving bitcoin price trading near 6–7% lower week-on-week as surging spot ETF outflows and US‑Iran tensions pressure prices. BlackRock’s