In contrast, BCH and PI have dumped the most from the large- and mid-cap alts. Bitcoin’s troubles only intensified as the legacy financial markets started to open during the night, with the asset dipping to a new multi-week low of under $77,000. Most altcoins have followed suit with painful declines from ETH, DOGE, and…
Bitcoin fell below $77,000 on May 18 as selling pressure spread across the crypto market. Summary Bitcoin’s drop below $77,000 came as ETF outflows and forced liquidations weakened short-term market sentiment. Fed minutes, jobs data and sentiment reports may shape rate expectations across markets this week. Nvidia’s May 20 earnings could guide AI stock demand…
US Treasury Secretary Scott Bessent has described his recent trip to China as “very successful,” signaling a potential cooling in the economic standoff between the world’s two largest economies. What actually happened Bessent’s trip was part of a coordinated diplomatic push across Asia, with the Treasury Secretary engaging Chinese officials on tariffs, macroeconomic coordination, and…
The crypto market remained under heavy pressure on Monday as escalating geopolitical tensions, surging oil prices, sticky U.S. inflation data, and a massive wave of leveraged liquidations weakened investor sentiment across digital assets. Summary The total crypto market capitalization fell 3.8% to $2.56 trillion as Bitcoin dropped below $77,000 amid rising macroeconomic and geopolitical pressure….
## Market Snapshot The “Wes Streeting Resignation” market is currently inactive with zero volume, but Streeting’s leadership challenge has potential for market shifts. The “Starmer Out Timing” market shows 68.5% YES for a resignation by June 30, 2026, up from 66% a day earlier. The “Next UK Prime Minister in 2026” market remains unaffected by…
Japan’s major brokerage groups are preparing crypto investment trust products as regulators work toward allowing funds to hold digital assets by 2028. Summary SBI and Rakuten are preparing in-house crypto investment trusts for Japanese retail investors. Nomura, Daiwa, SMBC and Mizuho-linked firms are studying crypto fund products as rules evolve. Japan’s 2028 roadmap could allow…
China will purchase at least $17 billion worth of US agricultural products every year, the White House announced following renewed discussions between President Trump and President Xi Jinping. The deal marks the most significant trade commitment between the two economies since tariff escalations threw bilateral commerce into chaos. What’s actually in the deal The $17…
CoinGecko data revealed that Bitcoin outperformed on US holidays during 11 of the past 14 calendar years analyzed historically. A new study by CoinGecko found that buying Bitcoin on US holidays has historically delivered much stronger short-term returns compared to regular trading days. The analysis examined Bitcoin’s forward returns across different calendar days between…
Police from China, the United States and the United Arab Emirates carried out their first joint international law enforcement operation against telecom and online fraud in Dubai, according to Xinhua. Summary China, the U.S. and UAE reported their first joint crackdown on Dubai crypto romance scams. Authorities said nine fraud dens were dismantled and 276…
## Market Snapshot Gold price predictions for May 2026 markets show a decrease in “YES” pricing, with sub-market odds ranging from 0.8% to 3.8% YES. WTI crude oil predictions for May 2026 indicate higher “YES” pricing, with the highest sub-market at 66.5% YES. ## Key Takeaways – Market activity suggests gold prices may be pressured…
