Author: Oguz Ozdemir

Bitcoin’s drop back below $78,000 after a rejection near recent local range highs has left options traders positioned cautiously, according to new data shared by Glassnode. The firm said the options market continues to show compressed volatility expectations, elevated downside hedging demand, and a gamma structure that could amplify weakness if BTC moves toward the mid-$75,000 area. The move follows a failed attempt to hold near the upper end of the recent local range. While spot price action has softened, Glassnode’s thread focused on what derivatives positioning suggests beneath the surface: traders are still paying up for protection rather than…

The Bitcoin community celebrated the 16th anniversary of “Pizza Day” on Friday, marking the first recorded commercial Bitcoin transaction, in which real-world goods were purchased with Bitcoin.In May 2010, software developer Laszlo Hanyecz published an online post offering 10,000 BTC, which was valued at about $41 at the time, in exchange for two Papa John’s pizzas.At current market prices, the BTC is worth more than $767 million, and at the all-time high of about $126,000 reached in October 2025, the 10,000 BTC was valued at more than $1.2 billion. Nischal Shetty, the founder of crypto exchange WazirX, said: “Bitcoin Pizza Day…

Galaxy reportedly explored restructuring the merger through Canada after concerns grew over possible SEC opposition. BitGo and Galaxy Digital are continuing their courtroom battle over the collapse of a $1.2 billion acquisition agreement that was once expected to become the largest merger in the crypto industry. During proceedings this week in Delaware Chancery Court, BitGo argued that Galaxy backed out of the transaction in 2022 and is now seeking at least $100 million in damages, according to Bloomberg. Bitter Legal Showdown The crypto custody firm claims Galaxy failed to make reasonable efforts to complete the merger and also hid…

Lawrence Jengar May 22, 2026 10:50 AAVE sits at a critical juncture near $88, with oversold momentum indicators and Bollinger Band positioning suggesting a 65% probability of reaching $95 within two weeks. The question isn’t if, but… AAVE’s Technical Reality Check AAVE is trading in no man’s land at $88.35, caught between conflicting signals that reveal a market in transition. The RSI at 39.79 sits comfortably in neutral territory, suggesting neither euphoria nor panic—exactly where smart money accumulates before the next move. The MACD histogram has flatlined at zero, indicating that bearish momentum…

Network NewsETHEREUM COMMUNITY RESPONDS TO EF DEPARTURES: A wave of departures from the Ethereum Foundation (EF) is reigniting a debate inside the crypto industry: What is going on at the main steward behind Ethereum, and why does the community know so little about what is happening behind the scenes? Days after several high-profile figures said they had left the foundation during an internal shakeup, community members on X began openly questioning the organization’s direction, leadership structure and communication practices. “What’s happening at the EF?” crypto commentator Andy, the co-founder of the Rollup podcast, wrote in a post on X. Others…

Make CryptoSlate preferred on The CLARITY Act is moving toward the Senate floor with a promise crypto has spent years asking for: a clearer federal map for digital asset markets.The under-covered risk is that the map runs through the CFTC, making CFTC crypto regulation a capacity test for spot-market oversight after its payroll workforce fell by more than one-fifth.The Senate Banking Committee advanced H.R. 3633 on May 14 by a 15-9 vote, putting the Digital Asset Market Clarity Act of 2025 closer to floor consideration after the House passed the bill in July 2025.Votes and signing timelines have dominated the…

Market analysts say Ether’s (ETH) price may drop to $1,000 if a breakdown from a bearish chart pattern is confirmed.Key takeaways:Ether’s bear flag targets 50% ETH price drop to $1,075. Ether risks over $1.70 billion in long liquidations if the price breaks below $2,000.Whale accumulation weakens as major ETH holders reduce exposure.Ether’s bear flag targets $1,000 ETH priceEther’s downtrend could accelerate if the price breaks below the lower trend line of a bear flag at $2,000 on the daily chart, where a similar breakdown in January led to a 41.5% ETH price drop.Related: Ether taker volume turns negative for first time…

AI-powered crypto trading assistant Bankr said it disabled transactions after identifying an attacker who gained access to at least 14 wallets, with users reporting that as much as $150,000 in crypto was drained from some. In an X post on Tuesday, Bankr said it was investigating reports that several wallets had been compromised and that transaction activity, including swaps, transfers and deployments, had been disabled “out of caution” while the investigation continues.“We’ve identified an attacker was able to access 14 Bankr wallets. We’ve temporarily locked things down while we work through the details. We will be reimbursing any and all lost…

Asset managers Grayscale and VanEck filed amended S-1 registration statements for their respective spot BNB exchange-traded funds on Friday, bringing the cryptocurrency one step closer to becoming an approved US crypto ETF. Grayscale filed its second amendment, while VanEck submitted its fifth on Friday. S-1s are one of the main filings that ETF issuers must submit to the SEC for approval, detailing everything from the ETF’s structure and strategy to management fees and risks.“Another amended S-1 from [Grayscale] on the BNB ETF… have to guess they are going off feedback from SEC and trying to launch in near future? Could be…

Abu Dhabi’s sovereign wealth fund Mubadala Investment Company has raised its position in BlackRock’s iShares Bitcoin Trust (IBIT), reporting ownership of 14,721,917 shares valued at $565,616,051 as of March 31, 2026, according to a 13F filing released today.  That marks a 16% increase from the 12,702,323 shares the fund held at the end of Q4 2025. The disclosure extends a now-unbroken accumulation streak that began in Q4 2024, when Mubadala first disclosed bitcoin exposure worth at least $436 million. The fund added shares through a Q1 2025 filing that showed 8,726,972 shares at $408.5 million, then surged to 12.7 million…