The post Billionaire says crypto seizure risk weakens Bitcoin’s gold case appeared on BitcoinEthereumNews.com.
Canadian billionaire Frank Giustra has challenged Bitcoin’s “digital gold” label again, arguing that crypto can still be traced and seized by governments. Summary Frank Giustra said crypto can be traced and seized, weakening Bitcoin’s digital gold claim. His comments followed US claims of nearly $1 billion in Iran-linked crypto seizures. The debate comes as governments hold seized Bitcoin and increase blockchain enforcement actions. Giustra made the comments after U.S. Treasury Secretary Scott Bessent discussed the seizure of nearly $1 billion in cryptocurrency linked to Iran. The remarks renewed debate over whether Bitcoin can serve as a safe-haven asset like gold. The mining financier and gold advocate argued that crypto’s public ledger leaves holders exposed to state action. In his view, blockchain records make digital assets easier to trace than physical gold. His comment
The post Crypto Sentiment Reaches Most ‘Lopsided Positive’ Ratio for 2026: Santiment appeared on BitcoinEthereumNews.com.
The feeling toward Bitcoin on social media has reached its most bullish level of the year, even as the overall crypto market is down, according to crypto sentiment platform Santiment. “Sentiment on Bitcoin has spiked to 2.23 bullish comments for every bearish one — the most lopsided positive ratio of 2026,” Santiment said in a report published on Saturday. “The previous two biggest positive-ratio days of the year preceded short-term price pullbacks, while severely negative readings marked local bottoms. The current euphoria contrasts sharply with the bearish ETF flow picture and warrants caution,” Santiment said. Spot Bitcoin ETFs logged their tenth consecutive trading day of outflows on Friday, with total net redemptions exceeding $2.97 billion since May 15. Source: Michael Sullivan Crypto market participants often watch broader market sentiment to gauge how other
The post Bitcoin price rebound to $75K? Analysts split as $71K support looms appeared on BitcoinEthereumNews.com.
Bitcoin traded near $73,700 on May 31 as traders watched whether the market could defend short-term support while analysts debated a possible rebound and a deeper cycle low later in 2026. Summary Bitcoin trades near $73.7K as traders watch $71.4K support and $78.2K resistance. A TD Sequential buy signal points to a possible rebound toward $75,000 if demand improves. Low volume, weak RSI and Iran-linked risk keep Bitcoin under short-term market pressure this week. Bitcoin price data showed BTC trading near $73,713, up 0.28% over 24 hours. The asset remained down 4.18% over seven days, while 24-hour trading volume stood near $16.09 billion. The 24-hour range stayed tight, with Bitcoin moving between $73,469 and $74,110. The narrow range showed that traders had not yet pushed BTC into a clear breakout or breakdown. The market cap stood near $1.47 trillion, keeping Bitcoin rank
The post BTC Price Prediction: $68K Retest Before $82K Rally by July appeared on BitcoinEthereumNews.com.
Darius Baruo
May 30, 2026 07:01
Bitcoin’s oversold bounce from $72.5K support sets up a 65% probability move to $82K+ within 6 weeks, but only after retesting $68K psychological support first.
Market Context: Why BTC is Moving Now Bitcoin’s current consolidation around $73.6K reflects a classic mid-cycle correction that’s shaking out leveraged longs while institutional accumulation continues below the surface. The January optimism has given way to reality-checking price action, creating the foundation for the next major move. The derivatives market reveals the underlying strength – funding rates at a neutral 0.0035% indicate no frothy speculation, while open interest climbing 2.36% in 24 hours shows serious players adding positions. This isn’t capitulation; it’s consolidation before the next leg higher, as Blockchain.news has been tracking in similar historical pa
The post Stocks at Records as Oil Eases, Iran Tensions Linger appeared on BitcoinEthereumNews.com.
The S&P 500 closed at a new record on 26 May 2026, finishing at 7,519.47 as megacap tech and resilient earnings pushed indices to fresh highs Reuters reported. Just days earlier, oil fell hard after U.S. President Donald Trump said negotiations with Iran were in “final stages,” sending Brent to roughly $105.76 and WTI to about $99.22 on 20 May—a 4–5% slide on the day, per Reuters. But relief has limits. On 27 May, OFAC sanctioned Iran’s new Persian Gulf Strait Authority—linked to the IRGC and accused of extorting vessels transiting Hormuz—adding it to the U.S. SDN list U.S. Department of the Treasury. Meanwhile, U.S. data cited by Reuters showed a near 10 million-barrel weekly draw from the Strategic Petroleum Reserve around that week—a record move that tightens safety stocks even as prices dip. The Big Picture
Editor’s note: In Q1–Q2 2026, I kept hearing the same thing from energy PMs
The post Bitcoin Spot, Futures Buyers Show Up But Is It Enough? appeared on BitcoinEthereumNews.com.
Bitcoin ETF selling overwhelmed markets again after last week’s $1.42 billion outflow followed the previous week’s $1.26 billion outflow. BTC’s subsequent fall to $72,500 raised concerns that the price would slip back into the $60,000 to $70,000 range that BTC was locked in during February through April, but Cointelegraph’s reporting showed spot volumes kicking in to defend the $70,000 support. BTC/USDT aggregated spot volumes. Source: Velo Given the sizeable ETF selling, BTC inflows to Coinbase and futures market liquidations, the spot CVD data above suggests these dip buyers are not dominant. Bitcoin exchange inflows, Coinbase. Source: CryptoQuant Open interest heatmap data, on the other hand, does show nearly $300 million of open interest concentrated in the yellow band representing $73,000 to $74,000, where traders appear to have opened new leveraged long positions. Open inter
Geopolitical tensions in the Gulf could lead to sustained volatility in global energy markets, affecting economic stability worldwide.
The post Iran conflict disrupts Gulf energy, impacts crude oil prices globally appeared first on Crypto Briefing.
XRP investment products pulled in close to $12 million in a single day on May 29, pushing total net inflows to roughly $1.42 billion — the token’s strongest ETF month of 2026 so far. Yet despite that institutional interest, XRP is still trading near $1.34, far below where some of its loudest supporters say it should be. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn A Fresh Target From A Familiar Voice YoungHoon Kim, who claims the title of world’s highest-IQ holder, posted a pointed statement on X this week: XRP will reach between $5 and $10 this cycle. A day earlier, he had teased that the token was about to explode — and the price target followed shortly after, drawing immediate attention across crypto social media. MY ANALYSIS IS FINAL: XRP WILL REACH BETWEEN $5 AND $10 THIS CYCLE. https://t.co/nFvSGhGp2W pic.twitter.com/HHg93FvHdV — YoungHoon Kim (@yhbryankimiq) May 29, 2026 The math behind those numbers is steep. Reaching $5 would require XRP to
