Bitcoin News Today: Why the US and China Are in a Crypto Space Race

Trump Media & Technology Group has withdrawn its Form S-1 registrations for Bitcoin and Bitcoin-Ethereum ETFs.

Bitcoin open interest reaches $29B, its highest since Jan. 29, as Binance leads with $9.03B and BTC trades near $77,271. Bitcoin open interest rose to $29 billion on May 5, its highest level since January 29. Traders added long positions as Bitcoin moved toward $83,000, while Binance led activity with $9.03 billion in Bitcoin open […] The post $29B Bitcoin Bets Are Back – But One Exchange Now Dominates 73% appeared first on Live Bitcoin News.

BitMEX co-founder Arthur Hayes has suggested that Zcash (ZEC) could eventually reach 10% of Bitcoin’s market capitalization, a long-term bullish thesis on privacy coins rather than a near-term price forecast. Based on ZEC’s circulating supply of around 16 million tokens, that scenario would imply a price in the high four-figure range, roughly $8,000–$10,000, depending on Bitcoin’s valuation. A Chart Pattern Worth Watching On the technical side, traders point to a possible cup-and-handle pattern, but this is a subjective chart formation with no guarantee of outcome. Resistance is often cited around $625–$650, with some speculative projections suggesting a move toward $1,000, though this depends heavily on broader market conditions and is not a confirmed target. The target also lines up with ZEC’s 1.618 Fibonacci extension, drawn from a $745 swing high down to a $185 swing low. Privacy Coins Pull Ahead ZEC is not moving alone. Monero and Dash, both privacy-focused tokens, have also poste

On the contrary, STABLE has dropped the most over the past 24 hours, followed by TON and XLM.

The crypto market is struggling during this midweek trading session in May 2020, 2026, with the Bitcoin price struggling to reclaim $78,000 after a $5,000 slump from $82,000 just last week. ETH USD is in a similar position, down -0.2% on the day but trading for $2,120, with analysts warning that a loss of $2,000.. The post Crypto News Today (May 20): Bitcoin Struggling Below $80K, SOL & XRP ETFs Green as ETH and BTC ETFs Bleed appeared first on 99Bitcoins.

A practical overview of Bitcoin: what it is, the problem it solves, how the token works, ecosystem context, and key risks to consider. The post Bitcoin Explained: What It Is, How It Works, And Risks appeared first on BiteMyCoin.

U.S. Senator Cynthia Lummis has warned that China and Europe are actively competing with the United States for leadership in cryptocurrency and digital asset development, urging Congress to accelerate pending crypto legislation. US Cannot Afford to Fall Behind China and Europe, Says Lummis Speaking on the state of U.S. crypto policy, Senator Lummis, one of […]

Bitcoin price remained under pressure on Wednesday, but crypto analyst Ali Martinez believes the recent correction may actually be setting the stage for another rally toward $95,000 as key on-chain MVRV indicators begin flashing long-term accumulation signals. According to data…