Market news
Stocks and crypto headlines from Alpaca. Stored for 7 days. Total: 3549.
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XRP Ledger's new proposal blocks the flash loan attacks costing DeFi hundreds of millionsA draft XRPL amendment notes that flash loan attacks are "structurally impossible" on the network because of how its transactions are built, an architectural quirk that has spared the chain from the exploit class that has cost Ethereum DeFi billions.
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Strait of Hormuz closure threatens global oil supply amid Iran-US tensionsThe closure exacerbates global energy insecurity, potentially leading to oil shortages, price hikes, and heightened geopolitical tensions. The post Strait of Hormuz closure threatens global oil supply amid Iran-US tensions appeared first on Crypto Briefing .
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ExxonMobil warns crude oil could surge to $160 per barrel as global inventories hit critical lowsA surge in oil prices could exacerbate inflation, impact monetary policy, and strain industries reliant on energy, affecting global economies. The post ExxonMobil warns crude oil could surge to $160 per barrel as global inventories hit critical lows appeared first on Crypto Briefing .
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ExxonMobil warns crude oil could surge to $160 per barrel as inventories hit historic lowsA surge in oil prices could exacerbate inflation, impact monetary policy, and strain industries reliant on energy, affecting global economies. The post ExxonMobil warns crude oil could surge to $160 per barrel as inventories hit historic lows appeared first on Crypto Briefing .
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Why The Bitcoin Price Won’t Hit $100,000 Again This YearBitcoin’s return to $100,000 is still a popular target across the market for 2026, but one bearish outlook argues that the move is becoming less realistic with the price action weakening below the $80,000 price level. This bearish outlook came from a crypto analyst known as Alex Mason on the social media platform X, who predicted that Bitcoin will not hit the $100,000 price level again this year because its price action is in a controlled trap inside an ascending channel. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn Bitcoin’s Ascending Channel May Have Been A Trap Bitcoin has not traded above $100,000 in 2026 and with the calendar now almost in the middle of the year, the time frame for a recovery above six figures is shrinking fast. The price action over the past two months has instead been defined by an ascending channel, with Bitcoin forming gradual higher highs and higher lows from its February low just above $60,000. The upper boundary has acted as resistance several times, while the green lower trendline has served as the main support keeping the recovery alive. However, that same channel is pointing to a bearish argument. An ascending channel can look bullish on the surface because price is moving higher, but it can also become a distribution structure when each push upward loses momentum. According to Mason, Bitcoin’s slow rise inside the channel has created fake strength, giving retail traders the impression that a breakout back to $100,000 is still building. The important moment that revealed the fake strength was the move into the $82,000 CME gap. Bitcoin reached that CME gap in early May, completed the target, and then was rejected multiple times between May 6 and May 11. This was a textbook trap before the next leg down. Bitcoin Price Chart. Source: @AlexMasonCrypto On X Bitcoin’s Odds Of Hitting $100,000 In 2026 As shown in the chart above, Bitcoin is returning to the lower half of the channel, putting the green support line under pressure. If that support breaks, the structure would no longer look like a steady recovery and the beginning of a push to a new bottom. The first stage to a new bottom is a breakdown from the ascending channel. From there, the next target is around $70,000, followed by a deeper move to new lows at $60,000. The chart even extends the bearish path deeper, with a dotted projection moving down to as low as $50,000 by early July. Related Reading: Bitcoin Could Enter Freefall If This Level Cracks: Analyst A rally to $100,000 would require confidence, liquidity, and strong follow-through above resistance above $82,000. Bitcoin will also need to reclaim the 200-day MA around this same level. According to prediction market Kalshi, there’s only a 32% probability that the Bitcoin price will break above $100,000 again before January 2027. Featured image from Unsplash, chart from TradingView
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'The Mayor Of Chicago Is Useless:' Trump Attacks Pope Leo And Brandon Johnson As Iran Dispute EscalatesTrump criticizes Pope Leo after the pontiff's Vatican meeting with Mayor Brandon Johnson, reigniting tensions over Iran and foreign policy.
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Bitcoin Recovery Rally Or Bull Trap? These Key Levels Hold The AnswerBitcoin is attempting to stabilize after a sharp pullback, but uncertainty remains the dominant market force. While key support levels are still holding and leaving room for a recovery rally, bearish signals remain present, raising the possibility that any short-term bounce could turn into a bull trap. Retesting Key Rising Channel Support According to Bitcoin Meraklısı, recent market volatility has forced Bitcoin to retreat to the rising trend channel that has defined its structure since February. This is a critical technical juncture, as the asset is currently testing this support line. For the moment, the defense remains successful, and Bitcoin continues to hold within the channel, suggesting that the structural integrity of the uptrend is still intact. Related Reading: Bitcoin At A Crossroads: Two Key Levels Will Define BTC’s Next Major Move, Analyst Says As long as this support level remains unbroken, there is no immediate cause for concern with the outlook. The primary objective for the bulls is a recovery toward the channel’s middle band, targeting the $79,000 to $82,000 range. Should buying momentum persist beyond that threshold, a continuation toward the channel’s upper boundary becomes the logical technical target for the asset. Conversely, a failure to maintain this support would cause a shift in market strategy. A decisive downward break of the channel would likely trigger a correction equal to the channel’s total width, bringing the $62,000 region into focus. This potential breach serves as a stark reminder that while the current setup is constructive, the margin for error is narrowing as we navigate this pivotal decision zone. Bitcoin Meraklısı emphasizes that the market is currently in transition, with technical signals largely subservient to external catalysts, and price action remains heavily contingent on news flow from the war front. Bitcoin Remains Trapped Inside An Expanding Wedge Pattern Speaking in a recent market update, Tryrex noted that Bitcoin continues to consolidate within an expanding wedge pattern. The current technical outlook anticipates one final upward surge, with the $75,000 level identified as the primary target for a potential short position. This zone serves as the focal point of the analyst’s strategy to capitalize on the expected price exhaustion at this critical resistance area. Related Reading: This Key Bitcoin Metric Suggests The Market Is Now Entering A Phase Of Calm The broader market remains locked in a robust downtrend, which severely limits the potential for any substantial recovery toward previous peaks. According to the analyst, a retest of the $76,000 high is now highly improbable, as the prevailing selling pressure is simply too intense to allow such a sustained upside move. This phase of price action is best characterized as the calm before the storm, where the market appears to be staging one or two final, deceptive bounces. The analyst warns that these remaining upward movements are likely precursors to a significant market crash. Featured image from Getty Images, chart from Tradingview.com
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Bitcoin is at ‘pivotal level’ as $65K downside risk looms: AnalystWhile Bitcoin is hovering around $73,000, a crypto trader says the current setup is “different from the previous breakdown in February.”
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Lebanon accuses Israel of “scorched-earth policy” amid expanded invasionThe escalating conflict reduces chances for diplomacy, potentially prolonging instability and impacting regional geopolitical dynamics. The post Lebanon accuses Israel of “scorched-earth policy” amid expanded invasion appeared first on Crypto Briefing .
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OpenAI, SpaceX funding fuels bets on next-wave Asian AI winnersAsian tech firms, crucial to AI hardware, face valuation risks and geopolitical challenges amid surging demand from US AI investments. The post OpenAI, SpaceX funding fuels bets on next-wave Asian AI winners appeared first on Crypto Briefing .
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Iran refuses uranium surrender, stalling US agreement talksIran's stance may lead to prolonged diplomatic tensions, impacting regional stability and global nuclear non-proliferation efforts. The post Iran refuses uranium surrender, stalling US agreement talks appeared first on Crypto Briefing .
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OpenAI, SpaceX funding fuels bets on next-wave Asian AI winnersAsian tech firms, crucial to AI hardware, face valuation risks and geopolitical challenges amid surging demand from US AI investments. The post OpenAI, SpaceX funding fuels bets on next-wave Asian AI winners appeared first on Crypto Briefing .
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ADA Hits Make-or-Break Point Ahead of Bearish Monthly CloseCardano’s price has dropped below its key multi-year support level, putting ADA at a crucial make-or-break point where it risks further price declines.
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Analyst Says This Dogecoin Chart Is Too Dangerous To Ignore – Here’s WhyThe Dogecoin (DOGE) price has continued to trend downwards, fueled by general weakness in the meme coin market and a lack of sustainable bullish catalysts. Due to its poor performance, market sentiment has been in the dumps for months. However, a crypto analyst has noted that this period of prolonged consolidation and negativity occurs before every major expansion phase. He points to a chart, noting that Dogecoin’s price structure still looks dangerous, as he expects the meme coin to stage a potential rally that could catch many investors off guard. Related Reading: Bitcoin Could Enter Freefall If This Level Cracks: Analyst Dogecoin Chart Mirrors Past Expansion Cycles Market analyst Cryptollica is warning investors and traders not to sleep on Dogecoin after identifying a recurring cycle pattern that has preceded every major DOGE bull rally since 2021. In an X post on May 27, the crypto expert said that Dogecoin’s current market structure is too dangerous to ignore. He explained that the reason is not because Dogecoin is a meme coin, but due to its habit of respecting and following the same cycle structure before delivering a massive price surge when the market least expects it. The analyst pointed to his accompanying chart, noting that every price expansion since 2021 began after the market abandoned Dogecoin and stopped taking interest in it. Cryptollica noted that while “the crowd laughed,” DOGE was rebuilding its underlying structure quietly before exploding higher. Looking at the chart, Cryptollica shows Dogecoin trading near the lower boundary of a multi-year descending channel, a level that has historically acted as a launchpad for significant price expansions. The analysis reveals that every meaningful low within that structure was accompanied by the same market conditions currently present today. This includes public disinterest, negative sentiment, and the meme coin’s price sitting at or near the channel’s lower boundary. After bottoming around $0.04 in mid-2022 and again at $0.05 in early 2023, Dogecoin staged back-to-back recoveries that brought its price to $0.22 and eventually $0.49 by mid-2024. Each of these explosive price rallies began after the asset was widely dismissed. Fast forward to today, Cryptollica has stated that Dogecoin is showing similar vertical-rally signals, with multiple bullish metrics aligning while market sentiment remains dead. Chart Metrics Reinforce DOGE’s Underlying Bullishness In his X post, Cryptollica noted that Dogecoin’s Crypto Cycle Score, highlighted at the bottom of the chart, is reading 19.9. This suggests that the meme coin may be in a rebuilding phase even with no hype or bullish confirmation in sight. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn The chart shows that Dogecoin’s Mayer Multiple is sitting at 0.64, placing it well below its long-term moving average. The meme coin also has an attention score of 10.1, further confirming that public interest is dead. Meanwhile, the Bollinger Band Width is reading 138 and signaling compressed volatility and weak price action. Cryptollica argues that all of these metrics combined with negative market psychology suggest that Dogecoin could be gearing up for an explosive price rally. He noted that this surge will likely fool many people, just as it did in past trends. Featured image from Unsplash, chart from TradingView
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SoftBank to invest €45B in AI data centers in France by 2031SoftBank's investment in French AI data centers could significantly boost Europe's tech infrastructure, attracting further global tech investments. The post SoftBank to invest €45B in AI data centers in France by 2031 appeared first on Crypto Briefing .
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Brian Armstrong Vs Jamie Dimon, Mark Cuban Ditches Bitcoin And Crypto Card Payments Surge: This Week In CryptocurrencyThis week's news included Reid Hoffman's retaliation claims against Trump, Mark Cuban's Bitcoin sell-off and more.
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China considers national clearinghouse for digital yuan transactionsA national clearinghouse for digital yuan could enhance financial integration, boost transaction efficiency, and strengthen China's digital economy. The post China considers national clearinghouse for digital yuan transactions appeared first on Crypto Briefing .
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Bitcoin Short-Term Holders Move 107,760 BTC In A Single Day — DetailsAccording to historical data, the price of Bitcoin has never posted three consecutive months of positive performance in a bear-market year. This trend is about to continue in 2026, with May looking likely to end in the red for BTC after optimistic performances in March and April, and at the start of this month. Recent on-chain data suggests that short-term investors may also be capitulating amid Bitcoin’s disappointing price action over the past few weeks. Are BTC’s Short-Term Investors Losing Conviction? In a Quicktake post on the CryptoQuant platform, market analyst RugaResearch revealed that a specific cohort of Bitcoin investors moved a significant amount of BTC in the past day. This set of investors is known as the short-term holders, who are famous (or infamous) for being the most reactive in the market. Specifically, RugaResearch reported that 107,760 BTC within the 1-month to 3-month Spent Output Age Band moved in a single day, the largest value on-chain movement (within this age band) in more than seven months. For context, the Spent Output Age Bands is an on-chain indicator that segments spent transaction outputs into age brackets, showing the proportion of total coins moved and how long they were inactive. Related Reading: Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019 The 1- to 3-month Spent Output Age Band tracks Bitcoin purchased between late February and late April (from the beginning of BTC’s recovery to around $80,000 last month). RugaResearch said that when this age band witnesses an aggressive move, like the one recently seen, it means that the most recent investors are reacting rather than accumulating. The crypto pundit spotlighted that the movement of these 107,760 BTC while the Bitcoin price is sub-$74,000 means that a significant portion of the 1-month to 3-month Spent Output Age Band is out of the money — or near breakeven, at best. While it remains to be seen why this move occurred, this shake-up does not suggest conviction among the most reactive set of investors. RugaResearch wrote: Exchange inflows tell you if these coins are heading to sell. If they land on exchanges, this flush has legs. If they’re moving to cold storage or OTC desks, it’s redistribution under pressure. Hence, centralized exchanges’ data is one of the signals to watch in the coming days to decipher the purpose of this move. Bitcoin Price Momentum Stays Negative For Eight Days At the same time, RugaResearch revealed a worrying trend with the Bitcoin Price Momentum indicator, which has stayed negative since May 22nd. After rising to a nearly one-year high of +20.5% on May 5th, the on-chain metric dropped by 12.9 percentage points about ten days later. After flipping to negative a little over a week ago, the Bitcoin Price Momentum currently sits at 4.07%. “When 1m-3m spent output spikes 6.7x overnight while momentum bleeds for 8 straight days, the positioning game shifts,” the market analyst concluded. As of this writing, the price of BTC stands at around $73,410, reflecting a mere 0.4% dip in the past 24 hours. Related Reading: Anchorage Warns Bitcoin Yield Trade Could Cap Gains If BTC Rips Higher Featured image from iStock, chart from TradingView
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SEC sues Privvy founder over $12.3 million crypto scheme as AI ‘bots’ turn out to be neitherThe SEC alleges Fuller spent misappropriated funds on a roughly $1 million house, gambling, trading cards, travel and a Jeep.
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XRP And XLM Correlation Sparks Hopes Of A Recovery SurgeXRP and XLM are once again drawing attention as their long-standing price correlation fuels expectations of a potential recovery rally. If history repeats itself, the recent move in XLM could signal that XRP is preparing for a bullish breakout of its own, potentially reigniting confidence across the broader XRP ecosystem. Could XLM’s Breakout Be The Catalyst For XRP’s Next Rally? Crypto analyst Bird highlighted a compelling structural possibility for XRP, suggesting that if it mirrors the powerful weekly candle recently delivered by XLM, a rapid ascent above the $2 threshold could be imminent. This move would serve as a vital marker, effectively invalidating the recent bearish trend and signaling a new phase of accelerated growth for the asset. Related Reading: XRP Flashes TD Sequential Buy Signal, Analyst Eyes Rebound Such a breakout would do more than just shift the price; it would fundamentally transform market sentiment. By restoring confidence and generating renewed excitement, this surge would likely flood the XRP ecosystem with fresh capital, confirming that the worst of the recent corrective phase is finally behind us. For long-term XRP holders, this momentum would act as a catalyst for heightened activity across the entire ecosystem, driving increased liquidity and participation in memes, NFTs, and Automated Market Makers (AMMs). This surge in engagement across XRP and the XRP Ledger would underscore the interconnected nature of the ledger’s economy during periods of bullish expansion. Furthermore, the technical validity of this scenario is bolstered by the multi-year standing correlation between XRP and XLM. Time and again, these two assets have provided clues regarding each other’s future path. The question now remains: has XLM effectively fired the starting gun for XRP? XRP/BTC Falling Wedge Signals Potential Breakout Opportunity CryptoVision has identified the XRP/BTC chart as a pivotal focal point for the coming weeks, noting that the asset is currently developing within a well-defined falling wedge pattern. This structure remains perfectly intact, suggesting that significant accumulation is occurring beneath the surface. For market participants, this chart provides a clear technical roadmap, indicating that the current consolidation phase is a critical precursor to a potential shift in market dominance. Related Reading: XRP Traders Face Mounting Pressure As Sideways Price Action Extends – What To Know If XRP can successfully consolidate and harness momentum from these current levels, a retest of the upper resistance boundary is anticipated in the near term. This test will serve as the definitive moment for bulls to assert control and confirm the validity of the wedge. Once the price decisively clears this wedge formation, the market dynamic is expected to shift rapidly. The analyst suggests that this pattern will signal a strong and rapid upward move, potentially triggering a significant shift in the pair’s trend in the long term. Featured image from Adobe Stock, chart from Tradingview.com