After hitting its cycle high last August, the Cardano price has continued in a downward slope toward lows not seen since 2024. Despite the calls of an altseason early into May, the ADA token has erased all the gains realized at the beginning of the month. Interestingly, the current Cardano price structure suggests the altcoin may be at risk of further downside in the coming months if it closes below a significant support level in May. ADA Price Could Fall 78% If This Support Is Broken In a May 30th post on the X platform, crypto analyst Ali Martinez revealed that the Cardano price has been hovering around a make-or-break level over the past couple of weeks. Looking at the highlighted monthly chart, the altcoin is at risk of closing the month of May below a major historical support level. Related Reading: Can Ripple’s Fed Master Account Approval Trigger A New XRP Bull Run? AI Model Says $80 Is Possible As shown in the chart below, the Cardano price has been trending within a multi-year
The post Binance Holds 66% of All Exchange LINK as Reserves Hit Multi-Year Lows appeared on BitcoinEthereumNews.com.
TLDR: Binance holds 85.1M LINK worth $766M, representing 66.4% of all exchange-held supply across platforms. LINK exchange reserves have declined from a 2022 peak of 145M tokens to roughly 85M, following a descending channel. Spot LINK ETFs recorded $8.29M in May net inflows, their weakest monthly figure since launching in late 2024. Spot LINK ETF products have never recorded a single day of net outflows and hold 1.69% of total supply. Chainlink’s exchange supply is growing more concentrated, with Binance now holding the majority of LINK available across all trading venues. On-chain data shows 85.1 million LINK tokens sitting on Binance alone, valued at roughly $766 million. That figure represents 66.4% of the 128.26 million LINK held across all exchanges combined. Meanwhile, spot LINK ETFs continue attracting capital, though May marked their weakest month since launch.
The post LDO Price Prediction: $0.28 Target as Technical Support Crumbles appeared on BitcoinEthereumNews.com.
Felix Pinkston
May 30, 2026 08:40
LDO breaks below critical $0.31 support with bearish momentum building toward the $0.28 level. Technical indicators signal continued weakness despite smart money positioning.
The Immediate Setup LDO trades at $0.32, down over 1% in the last 24 hours as selling pressure intensifies. The token has broken its tight range between $0.33 and $0.31, with bears taking control of the narrative. RSI readings at 36 show oversold conditions while momentum continues deteriorating. The MACD histogram sits flat at zero, indicating complete absence of buying interest in this liquid staking token. Binance volume of $2.8 million reflects institutional stepping aside as retail positions face pressure. Key Levels Exposed The technical structure shows clear breakdown signals. LDO has violated the lower Bollinger Band at $0.31 with a %B position o
The post Cardano Summit 2026 Canceled After Treasury Vote Falls Short of Supermajority appeared on BitcoinEthereumNews.com.
TLDR: The Cardano Summit 2026 was canceled after the treasury vote reached only 65.21%, missing the 66.67% supermajority required. A revised 7.8M ADA proposal replaced an original 14.07M ADA request, adding audited fund management and milestone-gated payments. Despite 135 DReps voting in favor versus 61 against, stake-weighted rules prevented the summit proposal from passing. EMURGO’s TOKEN2049 Platinum Sponsorship proposal passed separately, keeping Cardano present at the Singapore crypto conference. The Cardano Foundation confirmed the cancellation of Cardano Summit 2026 after a treasury funding vote narrowly missed the required two-thirds approval threshold. A revised proposal requesting 7.8 million ADA, worth approximately $2 million, received 65.21% support from delegated representatives (DReps). This fell short of the 66.67% supermajority required for treasu
The post Cardano Price Could Close May Below This Multi-Year Support — What’s Next? appeared on BitcoinEthereumNews.com.
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi’s favorite part – in fact, far from it. Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps
The post Bitcoin Amid Key Market Dynamics: Will It Retreat or Rally? appeared on BitcoinEthereumNews.com.
In recent developments, Bitcoin‘s price has stabilized at approximately $74,000, creating a buzz as market observers focus on two pivotal liquidity zones. Notably, an open “CME gap” between $73,400 and $73,500 on the Chicago Mercantile Exchange is heightening speculation about Bitcoin’s potential price trajectory towards this range. Continue Reading:Bitcoin Amid Key Market Dynamics: Will It Retreat or Rally? Source: https://en.bitcoinhaber.net/bitcoin-amid-key-market-dynamics-will-it-retreat-or-rally
The post CRV Price Prediction: $0.30 Retest or $0.18 Breakdown Within 30 Days appeared on BitcoinEthereumNews.com.
Felix Pinkston
May 30, 2026 08:19
CRV sits at a critical inflection point with whales positioning long while technical momentum flatlines. 65% probability of testing $0.30 resistance if $0.21 support holds, but a break below could …
Market Context: Why CRV is Moving Now Curve DAO Token finds itself in institutional limbo, trading at $0.22 while major exchanges like MEXC were targeting $0.36 back in January. The reality check has been brutal – CRV has shed 39% from those optimistic projections, leaving the DeFi protocol’s governance token searching for a new equilibrium. The January predictions now look like ancient history as Blockchain.news tracks the token’s struggle to maintain relevance in an evolving DeFi landscape. The modest 1.56% daily gain masks deeper structural issues. With $1.78 million in 24-hour Binance volume, CRV lacks the conviction neede
Bitcoin setup stays unchanged as BTC dominance rejects resistance, raising early-season rally hopes among crypto traders. Bitcoin entered the new month with an unchanged setup, while BTC dominance became a key market focus. Market analysis pointed to a weekly false break above resistance. The move kept focus on long Bitcoin setups, yet it also raised […]
The post Bitcoin Setup Holds as Dominance False Break Fuels Altseason Rally Hopes appeared first on Live Bitcoin News.
The post FLOKI Price Prediction: Critical $0.000030 Resistance Test Within 10 Days appeared on BitcoinEthereumNews.com.
Ted Hisokawa
May 30, 2026 08:17
FLOKI’s RSI at 37.62 signals oversold conditions while volume remains tepid at $1.84M, creating setup for bounce to $0.000032 or breakdown to $0.000024 support.
Technical Crossroads for FLOKI FLOKI sits in technical purgatory at $0.000028, trapped between oversold RSI conditions and lackluster momentum indicators. The 37.62 RSI reading suggests selling pressure has exhausted itself, yet the MACD histogram flatlined at zero reveals neither buyers nor sellers have conviction. This creates the classic setup where meme coins either explode higher on the next catalyst or collapse under their own weight. The Bollinger Band position at 0.24 shows FLOKI hugging the lower boundary without touching it—a sign that volatility compression is building. When meme tokens compress like this, they typically break decisively in one direc
