BlackRock Moves $287 Million in Suspected Bitcoin Sales

The post Bitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1 appeared on BitcoinEthereumNews.com. Bitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1 Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he’s a cook and cinephile who’s constantly intrigued by the size of the universe. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/bitcoin-firm-nakamoto-surges-in-revenue-but-bleeds-cash-in-q1/

The post AI predicts Bitcoin price for May 22, 2026 appeared on BitcoinEthereumNews.com. Bitcoin (BTC) is once again under pressure after U.S. spot Bitcoin ETFs recorded $635 million in net outflows on May 13, the largest single-day withdrawal since late January.  What’s more, the sell-off followed worse-than-expected U.S. Producer Price Index (PPI) data, which showed inflation rising 1.4% in April and dampened expectations for near-term Federal Reserve rate cuts. At the same time, leveraged traders were hit by a wave of liquidations, with roughly $77.95 million in Bitcoin long positions liquidated over the past 24 hours as the asset rejected its 200-day simple moving average (MA) near $82,270. Traders are now monitoring whether Bitcoin can reclaim the $80,800 level, which has emerged as key near-term resistance. Short-term outlook, however, appears fragile, at least according to machine learning algorithms. Machine learning algorithm predicts Bitcoin price on May 22 Finbold’s AI predi

CME Group is preparing Nasdaq CME Crypto Index futures tied to a cryptocurrency basket led by bitcoin, ether, and XRP. The financially settled products would come in micro-sized and larger-sized versions designed for regulated market exposure. CME Group Sets Nasdaq Crypto Index Futures Launch Date CME Group, the world’s leading derivatives marketplace, announced on May […]

The post TAC labels $2.8M bridge exploit a white hat incident as hacker claims 10% bounty appeared on BitcoinEthereumNews.com. TAC, a cross-chain protocol that has marketed itself as a bridge between TON and Ethereum, has now reclassified its $2.8 million exploit from May 12 as a white hat event, after the hacker apparently took the team up on its offer to keep 10% of the “moved” funds in exchange for returning the rest to its multisig wallets.  According to TAC’s disclosures of the event, the exploit targeted the TON side of its cross-chain layer, draining funds across USDT, BLUM, and tsTON. TAC said the vulnerability was isolated to native TON Jettons bridged from the TON network, and that the TAC token itself, TON, and all ERC-20 tokens were unaffected. The TAC token has taken a beating since the exploit, with price dropping more than 21% over the last week. Market cap is down to $79 million from over $91 million before the May 12 disclosure of the hack. TAC Protocol’s token price i

The post Is It Time To Sell? Bitcoin Price Enters Redistribution Phase That Previously Led To A 78% Crash appeared on BitcoinEthereumNews.com. A warning from Bitcoin’s weekly chart is showing a familiar bear market structure beginning to take shape. According to technical analysis of the weekly chart, Bitcoin has already moved through a topside distribution phase and a range phase beneath it, and the current price action is now forming a redistribution zone.  The concern is that a similar setup appeared after the 2021 peak before Bitcoin went through a much deeper decline. The last time this setup appeared, it erased nearly 80% of Bitcoin’s value in under a year. Bitcoin Chart Following The 2021 Breakdown Structure The analysis compares Bitcoin’s current weekly chart with the structure that developed during the 2021 to 2022 bear market. In that previous cycle, Bitcoin first created a distribution zone near the top. The price then entered a range phase below that high, creating the appe

The Bitcoin price fell below major support and back into its bear flag on Wednesday. Is this the first sign of an impending crash back down to the bottom of the bear flag, or is this just a healthy pullback before the $BTC price returns to $82K?

A warning from Bitcoin’s weekly chart is showing a familiar bear market structure beginning to take shape. According to technical analysis of the weekly chart, Bitcoin has already moved through a topside distribution phase and a range phase beneath it, and the current price action is now forming a redistribution zone.  The concern is that a similar setup appeared after the 2021 peak before Bitcoin went through a much deeper decline. The last time this setup appeared, it erased nearly 80% of Bitcoin’s value in under a year. Bitcoin Chart Following The 2021 Breakdown Structure The analysis compares Bitcoin’s current weekly chart with the structure that developed during the 2021 to 2022 bear market. In that previous cycle, Bitcoin first created a distribution zone near the top. The price then entered a range phase below that high, creating the appearance of stabilization before the market rolled into a redistribution area. Related Reading: Ripple CEO Reveals What It Would Mean For XRP Hol

The post JPMorgan Loads Up on Bitcoin and Ethereum ETFs in Q1 appeared on BitcoinEthereumNews.com. The bank’s largest increase came through the iShares Bitcoin Trust (IBIT), where holdings surged 174% to 8.3 million shares. JPMorgan also sharply expanded positions in the Bitwise Bitcoin ETF, Fidelity Wise Origin Bitcoin Fund, and ProShares Bitcoin Strategy ETF. The bank additionally increased its exposure to Ethereum-linked ETFs, including the iShares Ethereum Trust.  JPMorgan Grows Crypto ETF Exposure JPMorgan Chase expanded its exposure to crypto-linked exchange-traded funds (ETFs) during the first quarter of 2026, despite the downturn in digital asset prices. According to the bank’s latest 13F filing, its largest increase came through the BlackRock spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), where holdings surged by approximately 174%.  BTC’s price action over the past 6 months (Source: CoinCodex) The bank raised its IBIT position from roughly 3 million shares in the fourth quar