AI job cuts hit Wix as CEO cuts 20% of workforce after Q1 earnings miss

BTC breaks support as stablecoin dominance hits 11.03% and BTC.D trends lower. Charts point bearish across crypto. This is not financial advice. Bitcoin closed down 1.12% on Thursday, printing a local low at $72,582. The short-term support at $73,309 broke clean. According to MooninPapa on X, the next support on the menu sits at $70,466. […] The post Bearish Signals Flash Across Crypto: BTC.D Rising, Stablecoin Dominance Climbs appeared first on Live Bitcoin News.

The post Iran’s top negotiator Qalibaf: We have no trust in guarantees or words appeared on BitcoinEthereumNews.com. In a post published on X on Friday, Iran’s top negotiator Mohammad Baqer Qalibaf said they have no trust in guarantees or words, and added: “Only actions are the measures, no action will be taken before the other side acts.” “The winner of any agreement is the one who prepares better for war from the day after,” Qalibaf noted and explained that they “seize concessions not through dialogue, but with missiles.” Market reaction Markets cling to a cautious stance in the early American session on Friday. At the time of press, the US Dollar Index (DXY) was unchanged on the day near 99.00. Source: https://www.fxstreet.com/news/irans-top-negotiator-qalibaf-we-have-no-trust-in-guarantees-or-words-202605291300

The post Canada annualized Gross Domestic Product contracts 0.1% in Q1 appeared on BitcoinEthereumNews.com. Canada’s Gross Domestic Product (GDP) was unchanged on a quarterly basis in the first quarter of 2026 following the 0.2% contraction recorded in the last quarter of 2025, Statistics Canada reported on Friday. In this period, the annualized GDP declined by 0.1%, falling short of the market expectation for a growth of 1.5%. On a monthly basis, the GDP contracted by 0.1% in March. Market reaction USD/CAD edged higher with the immediate reaction to disappointing GDP data and was last seen rising 0.25% on the day at 1.3820. GDP FAQs A country’s Gross Domestic Product (GDP) measures the rate of growth of its economy over a given period of time, usually a quarter. The most reliable figures are those that compare GDP to the previous quarter e.g Q2 of 2023 vs Q1 of 2023, or to the same period in the previous year, e.g Q2 of 2023 vs Q2 of 2022. Annualized quarterly GDP figures extrapolate

Crypto analyst The Short Bear has addressed investors who are currently capitulating on Ethereum and offloading their coins. He cited a mistake these investors are currently making that could cost them money when the bull thesis for ETH eventually plays out.  Analyst Reveals Misconception Investors Have About Ethereum In an X post, the Short Bear said that many people are mistaken in treating Ethereum like an end-stage Amazon as if the main question is already about mature margins, fees, and cash flows. He explained that, in reality, the layer-1 network is still very much earlier in its economies-of-scale phase, with nearly all metrics in the top-right corner and growing at mid-double-digit to triple-digit rates.  Related Reading: Can Ethereum Stage The Biggest Comeback In History? Why Price Could Double The analyst further stated that most of the market is focused on the wrong battle, of which network can become the fastest and cheapest payment processor. However, he opined that the r

Arca CIO Jeff Dorman warned that Strategy’s Bitcoin-heavy balance sheet has entered a more dangerous phase, arguing that the company, Bitcoin holders and its preferred shareholders are now locked in a difficult capital-structure tradeoff. In a May 28 post on X, Dorman said he is “not in Saylor’s inner circle,” but argued that the MSTR story has “gotten so out of hand” that the company’s recent moves now look increasingly hard to reconcile with a stable long-term financing plan. His central concern is not simply Strategy’s Bitcoin exposure, but the layering of preferred equity obligations, cash management decisions and potential pressure to eventually sell BTC if market conditions deteriorate. Arca CIO Warns MSTR Faces Bitcoin Crunch Dorman said Strategy could have avoided much of the current tension by slowing down after its initial Bitcoin accumulation strategy became a dominant part of the company’s identity. “MSTR could have sat and done nothing before they started pumping out $bill

On-chain data shows the Cardano addresses with at least 1 million tokens have seen their combined holdings hit the highest point since 2017. Large Cardano Holders Have Continued To Accumulate Recently In a new post on X, on-chain analytics firm Santiment has discussed the latest trend in the Supply Distribution of the large Cardano investors. The “Supply Distribution,” here refers to an indicator that tells us about the amount of ADA supply that a given wallet group is holding right now. Related Reading: XRP Flashes TD Sequential Buy Signal, Analyst Eyes Rebound Addresses or investors are divided into these cohorts based on the number of coins that they are carrying in their balance. The 1 to 10 coins group, for instance, includes all holders carrying between 1 and 10 ADA in their balance. In the context of the current discussion, the range of interest is the one with a lower bound of 1 million ADA and no upper bound. At the current exchange rate of the cryptocurrency, the cutoff for t

Sui Network is back online after a nearly six-hour outage on Thursday, which it attributed to a bug introduced by an upgrade, marking the layer-1 blockchain’s second period of downtime in 2026. Sui team posted to X on Thursday that activity on its mainnet had resumed after a halt due

The post Cardone Sells Botcoin After Bitcoin Dips Below $74,000 appeared on BitcoinEthereumNews.com. On Thursday, Grant Cardone shared a post on X, saying that “I’m selling all my botcoin,” most likely mentioning his Bitcoin holdings. While he did not clearly mention the name of BTC, the tweet has sparked discussion in the community about his strategy, as just a day ago, Cardone Capital acquired 130 BTC. Amid the turmoil in the crypto market, Bitcoin has plunged below $74,000 after recording a streak of outflows in spot Bitcoin ETFs. While the entire crypto sector falls into a state of fear following bearish sentiment, Grant Cardone, the founder and CEO of Cardone Capital, shared a sarcastic post on his X handle, saying that he is planning to sell all his “botcoin.”  Amid the downward trend in the crypto market, where Bitcoin (BTC) has dipped below $74,000, the post from Grant Cardone has sparked a discussion on the internet, and even some people have started trolling him for this stat