Bitdeer mined significantly more Bitcoin in May 2026 (921 BTC) compared to May 2025 (196 BTC), but ended May 2026 holding substantially fewer coins (171 BTC) than a year prior (1,351 BTC). This highlights the company's pivot towards AI infrastructure, where AI revenue may offset the need to sell mined Bitcoin.
Bitcoin (BTC) recovered from weekly lows ahead of the US Federal Reserve's FOMC meeting. Concerns over Strategy potentially selling more BTC to fund dividends, alongside the Fed's interest-rate decision under new chair Kevin Warsh, are impacting market sentiment.
Bitcoin dropped near $64,900 as Brent crude fell below $80 following a US-Iran peace framework. The market's focus shifts from oil shocks to liquidity, rates, and risk appetite, with the Fed's stance and ETF flows now critical for BTC's recovery.
XRP's price has dropped 12% in five days, confirming a bearish pennant pattern that suggests a potential 52.5% fall to $0.65. Despite this, institutional demand via XRP ETFs shows steady inflows, totaling $95.5 million in nine days.
Bitcoin's attempt to surpass its 200-day moving average ($82,430) failed, mirroring a 2022 pattern that preceded a significant downturn. High unrealized profit levels (17.7%) and recent large-scale profit-taking ($1.16 billion) suggest increased sell pressure, though a major support level is identified at $70,000.
Bitcoin failed to sustain breaks above $77,000 over the past week despite a brief rally to $79,500, as short-term holders sent 150,000 BTC to exchanges since April 15. Exchange volumes collapsed with Binance down $25 billion monthly, Gate.io down $13 billion, and OKX down $6 billion, reflecting investor apathy not seen since September 2023. Analysts say fresh demand from leveraged traders and expanded spot volumes are needed for a sustained breakout above $80,000.
XRP/BTC has declined about 5% this week, confirming a bearish descending triangle pattern on the weekly chart that points to a potential 40% drop toward 0.000011 BTC. However, US spot XRP ETFs recorded nine consecutive days of net inflows totaling $73.78 million, pushing cumulative inflows to nearly $1.28 billion, signaling strong institutional demand despite the price weakness.
Bitcoin reached multi-month highs at $79,000 as bulls regained control and exchange reserves tightened, signalling buyers returning and reduced sell pressure.
Bitcoin reached multi-month highs at $79,000 as bulls regained control and exchange reserves tightened, signaling buyers returning and reduced sell pressure.
Ethereum’s record 32.33% staking ratio is shrinking liquid supply, reducing sell pressure and potentially supporting an ETH price recovery over time.
