The post Youtuber Warns Bitcoin Bottom Is Not In as Stablecoin Dominance Hits Risk-off Level – Bitcoin News appeared on BitcoinEthereumNews.com.
Key Takeaways Tether burned $1.2 billion in 24 hours on May 31, matching a pattern that preceded Bitcoin’s drop from $90,000 to $60,000 in February 2026. Blackrock removed $2.1 billion in bitcoin over ten days while firms like Strive acquired 1,100 BTC in a single session, reflecting a split in institutional conviction. Polymarket priced an 85% chance Bitcoin reaches $70,000 before $90,000, with TradingView moving averages confirming a strong sell posture at current levels. 1-Hour Chart: Compression at Resistance On the 1-hour chart, bitcoin has built a series of higher lows since testing $73,100, which is a structure that hints at short-term buying interest. However, price has repeatedly been rejected near $74,100 to $74,200, and the repeated ceiling tests have compressed price into an increasingly tight range. The intraday support zone sits
The post BlackRock accelerates crypto sale after dumping over $1.2 billion of these assets appeared on BitcoinEthereumNews.com.
BlackRock has sharply increased its crypto ETF selling activity, recording more than $1.21 billion in combined Bitcoin (BTC) and Ethereum (ETH) fund outflows over the past week. Data on spot crypto ETF flows show that BlackRock’s Bitcoin and Ethereum funds experienced sustained outflows over multiple trading sessions, with Bitcoin accounting for the vast majority of withdrawals. The development comes as cryptocurrency markets face renewed volatility and profit-taking following earlier gains. The largest share of the outflows came from BlackRock’s iShares Bitcoin Trust (IBIT), which recorded net withdrawals totaling approximately $1.04 billion over the period. The heaviest single-day outflow occurred on May 27, when investors pulled $527.8 million from the fund. The selling continued on May 28 with another $177.9 million in withdrawals, followed by $68.2 mill
The post Regulated Perps vs DeFi: The New U.S. Challenger appeared on BitcoinEthereumNews.com.
A regulated U.S. exchange just got the nod to list a bitcoin perpetual. That single sentence, unthinkable a few years ago, resets the race between onchain DEXs and compliant venues. On May 29, 2026, the CFTC approved KalshiEX’s BTCPERP—formally clearing a bitcoin-referenced perpetual futures product to trade under U.S. oversight (CFTC press release (Release No. 9240-26)). Hours later, the agency outlined how it will treat perpetuals going forward and gave clarity on how U.S. firms can route to offshore liquidity pools under conditions. For DeFi perpetual DEXs, a new competitor has arrived—onshore, regulated, and open 24/7. The Big Picture Editor’s note: In Q2 2026 I spent weeks comparing onshore pricing to offshore and DeFi perps during the CFTC’s late‑May actions. Dealers I speak with welcomed the case‑by‑case framework because it clarifies what they must prove in risk reviews, and a few FCM
The post New US inflation report leaves Bitcoin with a problem the Fed cannot solve yet appeared on BitcoinEthereumNews.com.
Headline PCE inflation rose 3.8% in April from a year earlier, its hottest pace in two years and nearly double the Federal Reserve’s 2% goal, while core PCE held at 3.3%, its highest reading since October 2023. The monthly numbers ran cooler, with core easing to 0.2% against the 0.3% economists had expected. Bitcoin saw that combination of numbers as a problem, sliding toward $73,300 in the hours after Thursday’s release and hovering near $73,000 through the weekend, down roughly 30% across the past year. The PCE inflation report brought enough monthly relief to keep the rate-cut rate going, and enough annual heat to keep liquidity scarce. What makes this report land harder than most is the timing, since it’s the first major inflation spike of Kevin Warsh’s tenure as Fed chair, a job he stepped into on May 22 after succeeding Jerome Powell. Warsh built his reputa
The post Trump Demands Fort Knox Audit After CIA Official Seized With $40M in Gold Bars – Bitcoin News appeared on BitcoinEthereumNews.com.
Key Takeaways FBI agents seized 303 gold bars worth approximately $40M from former CIA official David Rush around May 27, 2026. Fort Knox holds ~147M troy ounces of gold worth an estimated $662B at current market prices, last independently audited in 1953. Trump has called for a Fort Knox audit, but no date has been set as of May 31, with Rep. Massie’s H.R. 3795 still pending in Congress. Trump Posts, Then Explains Trump posted on Truth Social over the weekend, writing that it was “time to physically audit Fort Knox.” He tied the call directly to the arrest of David Rush, a former senior CIA official with top-secret clearance, saying government officials “steal a lot” and that Americans deserve verification that the reserves are intact. In a May 10 interview on Full Measure with Sharyl Attkisson, Trump said his administration had “played with” the
MicroStrategy's Bitcoin acquisition underscores growing institutional trust, potentially stabilizing Bitcoin's market position amid global uncertainties.
The post MicroStrategy Bitcoin purchase signals reduced likelihood of near-term sales appeared first on Crypto Briefing.
The post Football Betting With Crypto Wallets: What Beginners Should Know appeared on BitcoinEthereumNews.com.
Football remains the world’s most popular betting sport, generating billions of dollars in wagering activity every year. At the same time, cryptocurrency has become one of the fastest-growing payment methods in online gambling. These trends are increasingly overlapping. Today, many football bettors fund their accounts with Bitcoin, USDT, Ethereum, and other cryptocurrencies instead of using bank cards. Some platforms even allow direct wallet connections through MetaMask, Trust Wallet, WalletConnect, and Telegram-based login systems. For beginners, this creates a simple question: How does football betting with a crypto wallet work? What Is a Crypto Wallet? A crypto wallet is software that allows users to store, send, and receive cryptocurrency. Unlike a bank account, a wallet gives users direct control over their funds. Popular wallet options include:
MetaMask
Trust W
The post Trace Mayer says bitcoin’s (BTC) falling volatility signals institutional maturity, not weakness appeared on BitcoinEthereumNews.com.
Bitcoin’s BTC$73,825.48 trademark volatility was for years treated as both its greatest feature and its biggest flaw. Recently, that roller coaster has quieted into something resembling a smooth ride, with volatility collapsing to roughly 35 from a high of 120 in 2021. While critics view this dampening as a sign that the asset is losing its edge, longtime bitcoin investor and Mayer Multiple creator Trace Mayer argues they are drawing entirely the wrong conclusion. Mayer suggested that bitcoin’s declining volatility isn’t a sign of weakness, but rather a direct reflection of its growing economic substance in an interview with CoinDesk. “Gary Gensler said he was going to ‘tame bitcoin,'” Mayer said, pointing to regulatory efforts to corral the digital asset. “And we’ve seen the volatility come down.” Rather than viewing this “taming” as a defeat,
The post Adam Back dismisses BIP-110 censorship claims as fork debate returns appeared on BitcoinEthereumNews.com.
A fresh Bitcoin debate has broken out on X after Mr.Hodl linked Roger Ver’s old censorship criticism with new complaints from GrassFedBitcoin about BIP-110 discussion channels. Summary Mr.Hodl linked Roger Ver and GrassFedBitcoin as Bitcoin’s BIP-110 moderation dispute moved back online again. Adam Back rejected censorship claims, saying BIP-110 was ignored because critics already debated it extensively. The proposal seeks to restrict non-monetary Bitcoin data, but opponents warn about fork risks ahead. Mr.Hodl posted a short message placing Roger Ver and GrassFedBitcoin side by side. The post came with screenshots showing Ver’s 2019 claim that BTC had failed on censorship resistance by censoring parts of its community. The second screenshot showed GrassFedBitcoin arguing that BIP-110 critics should engage directly if they believe the proposal is wrong. The account claimed