News linked to both this project and an event.
U.S. spot Bitcoin ETFs have experienced net capital outflows for nine consecutive trading days, totaling approximately $2.84 billion. This marks the longest consecutive losing streak since the product's launch in 2024, surpassing the previous record set on February 8, 2025. BlackRock's IBIT was the primary source of these outflows.Analysts indicate that this round of capital outflows reflects a notable cooling in institutional demand for Bitcoin ETF exposure. Meanwhile, the market is showing signs of divergence: Hyperliquid-related ETFs and certain XRP spot ETFs continue to record capital inflows. In contrast, spot Ethereum ETFs have also faced capital outflows for 13 consecutive days, with cumulative outflows reaching approximately $694 million. This suggests that capital within crypto asset ETFs is undergoing a reallocation. (Cointelegraph)
According to Cointelegraph, Ethereum has broken below the $2,000 mark—the first time since March. Despite the ongoing price weakness, on-chain data indicates retail investors’ “buy-the-dip” sentiment continues to intensify. Santiment notes that historically, excessively optimistic retail sentiment often signals the market has not yet bottomed; genuine buying opportunities typically emerge during phases of market panic. On-chain data platform Glassnode shows that since 2026, whale addresses holding more than 10,000 ETH have reduced their holdings by over 5%. However, BitMine—founded by Tom Lee—still holds approximately 5.21 million ETH, representing roughly 4.31% of the total supply. Technically, ETH has broken below its ascending wedge pattern; analysts believe it may next test the $1,750 level, implying roughly an 18% further downside from current prices.
Odaily An unknown trader sold approximately $1.3 billion worth of BlackRock’s spot Bitcoin ETF (IBIT) on a dark pool on Tuesday, sparking market attention.Data shows the trader sold 29.2 million shares of IBIT at $43.16 per share around 14:30 UTC. Consequently, Bitcoin’s price dropped from $77,875 to $76,720 within 10 minutes, a decline of about 1.5%, before further dipping to around $75,600.Alex Thorn, Head of Research at Galaxy Digital, stated this is the largest IBIT dark pool trade he has ever seen. Bloomberg ETF analyst Eric Balchunas noted that the trade size was 22 times larger than the second-largest IBIT sell order of the day.Additionally, U.S. spot Bitcoin ETFs have experienced net outflows for eight consecutive trading days. On Tuesday alone, net outflows totaled approximately $333.6 million, with IBIT seeing outflows of about $192.4 million. Since May 14, cumulative net outflows from Bitcoin ETFs have exceeded $2 billion. Reports indicate that Jane Street reduced its Bitcoin ETF holdings by about 70% in the first quarter, while Goldman Sachs also trimmed its positions by approximately 10%. (Cointelegraph)
According to Cointelegraph, phishing ads impersonating the decentralized exchange protocol Uniswap have appeared in Google search results, enabling attackers to steal at least $400,000. On-chain analyst b-block stated that the associated counterfeit websites are draining funds from multiple wallets; the implicated addresses currently hold a combined total of 146 ETH—worth approximately $306,000 at press time. Security Alliance (SEAL) noted that such fraudulent Google ads are a common source of phishing attacks, with attackers either purchasing ad placements or compromising legitimate advertising accounts to impersonate popular crypto protocols in sponsored search results. SEAL also reported that between March 13 and March 30, these attacks resulted in total losses amounting to $1.27 million.
According to Cointelegraph, cryptocurrency market analyst Michaël van de Poppe stated that Bitcoin has broken below the key support range of $75,000–$76,000; if it fails to reclaim levels above $76,600, it will struggle to sustain expectations for new all-time highs, and the price could fall toward the $60,000 range. He also noted that multiple CME Bitcoin futures gaps exist on the upside, with the highest gap located above $79,000, and added that the market correction observed on Friday “often reverts back to bullish.”
Bitwise's Hyperliquid ETF (BHYP) reached $30.5 million in assets under management within its first five trading days, with net inflows of $26.9 million. (Cointelegraph)
the U.S. SEC is seeking public comments on prediction market ETFs and has postponed the approval process for related "new-type ETFs."SEC Chairman Paul Atkins stated, "New products bring new questions," indicating that regulators need to further assess the impact of such products. Previously, Bitwise, Roundhill, and GraniteShares have submitted applications for prediction market ETFs, which would track the outcomes of events such as U.S. elections.Bloomberg ETF analyst Eric Balchunas noted that the SEC is currently evaluating prediction market ETFs cautiously, similar to its previous approach to spot crypto ETFs. (Cointelegraph)
According to Cointelegraph, Bitcoin has declined approximately 40% from its all-time high in October 2025, yet long-term valuation models indicate substantial upside potential remains. Based on the “Bitcoin Decay Channel” measurement of long-term trends, Bitcoin’s conservative year-end price range has been revised upward to $90,000–$255,000, with the high-end scenario reaching as high as $255,000. This model fits a logarithmic decay trend to historical cycle highs and lows, showing that BTC prices at the peaks of the 2013, 2017, and 2021 cycles all approached the upper channel boundary, while bear market bottoms fell near the lower boundary. Analyst Sminston stated that Bitcoin remains within a historic, long-term upward channel and noted that the price range for 2027 could further expand to $128,000–$308,000.
data shows the number of wallets holding at least 100 Bitcoin (BTC) has risen to 20,229, representing an increase of approximately 11.2% compared to a year ago. The data indicates that amid market volatility, whales and institutional investors continue to accumulate Bitcoin, reflecting sustained confidence in medium-to-long-term holdings. (Cointelegraph)
Goldman Sachs significantly reduced its crypto ETF exposure in the first quarter of 2026 and has completely exited its holdings in XRP and Solana-related ETFs.Filings show that in the fourth quarter of 2025, Goldman Sachs held approximately $154 million in XRP-related ETFs, including products from Bitwise, Franklin Templeton, Grayscale, and 21Shares, making it one of the largest institutional holders of XRP ETFs at the time. Additionally, the firm previously held Solana-related ETFs such as the Grayscale Solana Trust ETF, Bitwise Solana Staking ETF, and Fidelity Solana Fund, all of which have now been fully sold off.However, Goldman Sachs still retains substantial holdings in BTC and ETH ETFs. Specifically, it holds approximately $690 million in BlackRock's IBIT and about $25 million in Fidelity's FBTC, though both positions were reduced by roughly 10% compared to the previous quarter. Meanwhile, its holding in BlackRock's ETHA shrank by about 70%, leaving approximately 7.2 million shares valued at around $114 million.Furthermore, Goldman Sachs increased its holdings in crypto-related stocks such as Circle, Galaxy Digital, Coinbase, Robinhood, and PayPal, while reducing positions in mining and infrastructure companies like Strategy, Bit Digital, Riot Platforms, and IREN. (Cointelegraph)
According to Cointelegraph, cryptocurrency analysts are divided on whether Bitcoin will reenact its historical “Sell in May” pattern in 2026. In the two midterm election years—2018 and 2022—Bitcoin experienced sharp declines in May, falling approximately 30% and 70%, respectively. Analyst Merlijn Enkelaar warned that this historical pattern could repeat, with Bitcoin potentially dropping to $33,000. Joao Wedson, CEO of Alphractal, also noted that if Bitcoin remains persistently below $78,000, the likelihood of a new capitulation phase increases. However, Jeff Ko, Chief Analyst at CoinEx, argued that past crashes stemmed from specific shocks—including the Mt. Gox incident, China’s ICO regulations, the Federal Reserve’s monetary tightening, and the collapses of Terra and FTX—not from calendar-based seasonality. He added that the launch of spot ETFs, corporate treasury allocations, and progress on the CLARITY Act have significantly broadened the institutional buyer base, making a 70–80% deep correction unlikely this cycle. Analyst Michaël van de Poppe highlighted $76,000 as the current critical support level; failure to hold it would likely trigger further downside pressure.
Cardano whales currently hold nearly 67% of ADA's total supply, the highest level of concentration since 2020. (Cointelegraph)
Intesa Sanpaolo, Italy's largest bank, increased its crypto asset-related holdings from approximately $100 million at the end of 2025 to about $235 million in the first quarter of 2026.Specifically, the bank increased its holdings in the ARK 21Shares Bitcoin ETF and BlackRock's IBIT, and allocated to Ethereum assets for the first time through BlackRock's iShares Staked Ethereum Trust, while also adding approximately $26 million in Grayscale XRP Trust ETF holdings.Furthermore, Intesa also established its first long call option position in IBIT and added 165,600 shares of BitGo stock, while liquidating its Bitmine-related positions. Its Solana-related allocations were significantly reduced, with holdings in the Bitwise Solana Staking ETF dropping from 266,300 shares to 2,817 shares.Reports indicate that Intesa has previously confirmed that these crypto assets are primarily used for proprietary trading. Last month, Ripple also announced that it would provide digital asset custody services for the bank. (Cointelegraph)
Bill and Melinda Gates have sold all their Microsoft shares, totaling 7.7 million shares, worth over $3.2 billion. (Cointelegraph)
CryptoQuant analyst BorisD points out that Ethereum still faces obvious downside risks. The combination of rising exchange supply and continued ETF outflows could push prices down to around $1,700, representing a potential correction of about 20% from current levels. A breakout above $2,400 seems unlikely in the near term.Data shows that ETH reserves on exchanges like Binance have increased significantly recently, rising from approximately 3.36 million to 3.84 million between May 5 and May 9. This indicates more tokens are flowing into trading platforms, which is typically interpreted by the market as a signal of rising potential sell pressure. Meanwhile, U.S. spot Ethereum ETFs have seen net capital outflows for four consecutive trading days, totaling approximately $190 million, indicating weakening institutional demand at the margin.In terms of price, although ETH has rebounded about 40% from its local low, it encountered strong resistance near $2,400 before falling back to the $2,260 level, limiting short-term upward momentum. The CryptoQuant analyst notes that as exchange inflows accelerate, the price has failed to sustain its upward trend and instead retreated, suggesting the market may be in a phase where "absorption and distribution coexist."Technically, ETH has broken below the lower trendline of an ascending wedge structure (around $2,280). If this breakdown is confirmed, the pattern's measured move target points to around $1,725, corresponding to a potential decline of approximately 22% and coinciding with the macro low area from early February. Some analysts further believe that if the larger bear flag pattern continues, ETH could face the risk of dipping to $1,280.Overall, market sentiment is generally cautious, with a consensus that the current rebound is more likely a temporary move within a distribution process rather than a trend reversal signal. The risk of short-term volatility remains elevated. (Cointelegraph)
Bitcoin slumped shortly after the US stock market opened, briefly breaking below the $79,000 mark, with a daily decline of approximately 3%, trading near its lowest level since May. Market consensus suggests this pullback is closely linked to the sell-off in risk assets triggered by a surge in US Treasury yields.Data shows that the yield on the 10-year US Treasury note rose above 4.55%, reaching its highest level in nearly a year, fueling concerns over tightening liquidity and a reassessment of risk assets. Analysts point out that this level previously triggered adjustments in US stocks and policy expectations last year, and is now once again serving as a key pressure signal.Trading firm The Kobeissi Letter stated that the "panic-driven rally" in the bond market is intensifying, with expectations for prolonged high interest rates growing. The market has begun pricing in the possibility of further rate hikes in the future, quickly cooling the previous "euphoria" in risk assets.From a technical perspective, analysts believe that after encountering multiple rejections from resistance above $82,000, Bitcoin's support structure is weakening. In the short term, it may retest the $75,000–$77,000 range, as the market enters a phase of range-bound trading and directional selection. (Cointelegraph)
21Shares' first US Hyperliquid ETF attracted $1.2 million in net inflows on its first trading day. (Cointelegraph)
although Bitcoin has retraced approximately 2.5% from its local high of $82,800 on May 6, market analysts widely believe its overall uptrend structure remains intact, and it has re-entered the "full bull market momentum" zone. Swiss wealth management firm Swissblock points out that Bitcoin has re-entered a price expansion zone, with the Bull Market Support Band turning into support. The 21-week EMA has crossed back above the 20-week SMA, shifting the trend structure back to bullish.Bitcoin is currently consolidating around the $80,000 level, where the "Realized Market Mean" and the short-term holder cost basis form key support, while the realized price near $85,000 represents overhead resistance. Spot buying pressure driven by whales and institutions is strengthening, while the proportion of speculative derivatives activity is declining. Historically, similar structural setups have often corresponded to sustainable uptrends. If this indicator remains persistently positive, it could further propel Bitcoin's upward cycle.On the liquidity front, the Stablecoin Supply Ratio (SSR) has rebounded from historical lows into a critical range, indicating stablecoin capital is flowing back into the market. This signal previously corresponded to阶段性底部反弹 (significant bottom bounces) in mid-2021, 2022, and mid-2023.Meanwhile, Binance's Stablecoin Supply Ratio Oscillator (SSR Oscillator) has risen to 2.8, hitting a 12-month high, demonstrating a notable increase in stablecoin purchasing power. On-chain activity is also strengthening. Bitcoin's daily transaction volume increased by 116% in May to 831,400 transactions, a 20-month high; the number of active addresses grew 7.1% week-over-week to 707,700; and total fees rose 37% to $279,300, indicating significantly heightened network usage activity. Regarding capital structure, the 90-day spot Taker CVD has turned consistently positive, suggesting spot buying is dominating the market. Glassnode data shows this indicator has further increased to $62 million compared to a week earlier, reflecting a strengthening of active buying sentiment in the market.In summary, price structure, liquidity indicators, and on-chain demand all indicate that Bitcoin remains in a "strong trend expansion phase," with the bull market momentum not yet exhausted. (Cointelegraph)
According to Odaily, the latest 13F filing from Wells Fargo reveals that in the first quarter of 2026, the bank increased its holdings in multiple Ethereum spot ETFs, including BlackRock's ETHA and Bitwise's ETHW.Specifically, the ETHA position rose from approximately 672,600 shares in Q4 2025 to around 1.1 million shares, an increase of about 63.5%; while the ETHW position increased from roughly 186,800 shares to 257,000 shares, a gain of approximately 37%. As of the end of Q1, the total value of Wells Fargo's ETH ETF holdings stood at about $21.5 million.In contrast, its Bitcoin ETF holdings showed a divergence: the IBIT position declined slightly, while positions in BITB and the Grayscale Bitcoin Mini Trust ETF increased by approximately 24% and 41%, respectively. Currently, IBIT remains its largest crypto ETF holding, valued at around $250 million.Additionally, Wells Fargo made significant adjustments to its crypto-related stock portfolio, reducing its Galaxy Digital position by approximately 97%, while increasing its Strategy (formerly MicroStrategy) holdings from about 322,700 shares to 726,000 shares—a surge of roughly 125%. (Cointelegraph)
According to Cointelegraph, the U.S. Department of Justice revealed that Elijah Armstrong, Nino Chindavanh, and Jayden Rucker have been charged with home invasions and kidnappings targeting cryptocurrency holders in the San Francisco and Los Angeles areas, involving at least $6.5 million. Prosecutors stated that the three individuals posed as delivery personnel to forcibly enter residences and used violence to threaten victims into surrendering their cryptocurrency wallet seed phrases. The indictment indicates that, between November 22 and December 31, 2025, at least four individuals were targeted, with one victim coerced into transferring $6.5 million worth of cryptocurrency.