Bitcoin’s latest price action has given bearish analysts more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt to hold higher levels. Crypto analyst Crypto Lens has warned that Bitcoin may still need one final move lower to $42,000 before a new bull run back to new all-time highs above $126,000 can begin. Bitcoin Is Still Inside A Bull Trap Technical analysis of Bitcoin’s price action is predicting a bearish outlook during a tense moment for the cryptocurrency. Bitcoin has already corrected by over 15% since it reached $82,850 in early May, but technical analysis from crypto analyst Crypto Lens suggests that the downtrend might not end until Bitcoin breaks below $50,000. Related Reading: Ripple’s Growing Bank List: The Over 500 Institutions With XRP IDs Notably, Crypto Lens’ chart presents the current Bitcoin setup as a cycle transition. The analyst’s ro
Ethereum is back at a point on its Bitcoin pair where the price action has always started to ask a dangerous question: is ETH still weak, or is it being priced for another rotation? A new ETH/BTC chart shared by crypto analyst BLADE shows Ethereum falling through 14 straight lower closes against Bitcoin, taking the pair below the same relative strength zone during its February low. The setup matters because the last visit to that area came at a moment of heavy pessimism around Ethereum. A few weeks later, ETH began to outperform Bitcoin, and the move eventually carried Ethereum above $2,450. Ethereum Returns To The Same ETH/BTC Buy Zone BLADE’s analysis focuses on the Ethereum/Bitcoin pair, where ETH has moved into a clear short-term breakdown against BTC after weeks of steady underperformance. The pair was trading above 0.0313 in April, but that level gave way as sellers continued to pressure Ethereum relative to Bitcoin. Related Reading: The Mistake Investors Are Making About Ethere
A market-stress gauge that has marked every bitcoin bottom for more than a decade is reading near 40%, a level reflecting meaningful pressure but stops short of the historical “maximum opportunity” zone. A Line That Keeps Marking Bottoms MorenoDV pointed to an onchain stress measure that he says has lined up with every major bitcoin […]
Polymarket trader disputes MicroStrategy Bitcoin market rules after a 49,695 YES-share bet worth about 35,000 USDC. A Polymarket trader has challenged the outcome of a MicroStrategy Bitcoin market after a large YES position turned into a loss. The dispute centers on whether the market asked if Strategy sold Bitcoin by May 31, 2026, or whether […]
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Schwab's crypto futures expansion and upcoming spot trading for advisors could significantly enhance digital asset accessibility and market engagement.
The post Charles Schwab debuts 24/7 Bitcoin, Ether, Solana and Ripple futures, targets spot crypto for advisors next year appeared first on Crypto Briefing.
A dispute with more than $85 million in total trading volume at stake has erupted on Polymarket after Strategy Inc. — formerly MicroStrategy — confirmed it sold 32 Bitcoin between May 26 and May 31, 2026, only for the prediction market to propose a “No” resolution on the grounds that public confirmation arrived one day […]
Kalshi filed with the CFTC to self-certify XRP perpetual futures, along with 12 other altcoins. The filing follows CFTC’s recent approval of Kalshi’s Bitcoin perpetual futures contract. XRP has roughly $3 billion in global perpetual futures open interest showing strong demand. The U.S. digital asset regulatory environment is undergoing a significant change. In a historic […]
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