The post Billionaire says crypto seizure risk weakens Bitcoin’s gold case appeared on BitcoinEthereumNews.com.
Canadian billionaire Frank Giustra has challenged Bitcoin’s “digital gold” label again, arguing that crypto can still be traced and seized by governments. Summary Frank Giustra said crypto can be traced and seized, weakening Bitcoin’s digital gold claim. His comments followed US claims of nearly $1 billion in Iran-linked crypto seizures. The debate comes as governments hold seized Bitcoin and increase blockchain enforcement actions. Giustra made the comments after U.S. Treasury Secretary Scott Bessent discussed the seizure of nearly $1 billion in cryptocurrency linked to Iran. The remarks renewed debate over whether Bitcoin can serve as a safe-haven asset like gold. The mining financier and gold advocate argued that crypto’s public ledger leaves holders exposed to state action. In his view, blockchain records make digital assets easier to trace than physical gold. His comment
The post Stocks at Records as Oil Eases, Iran Tensions Linger appeared on BitcoinEthereumNews.com.
The S&P 500 closed at a new record on 26 May 2026, finishing at 7,519.47 as megacap tech and resilient earnings pushed indices to fresh highs Reuters reported. Just days earlier, oil fell hard after U.S. President Donald Trump said negotiations with Iran were in “final stages,” sending Brent to roughly $105.76 and WTI to about $99.22 on 20 May—a 4–5% slide on the day, per Reuters. But relief has limits. On 27 May, OFAC sanctioned Iran’s new Persian Gulf Strait Authority—linked to the IRGC and accused of extorting vessels transiting Hormuz—adding it to the U.S. SDN list U.S. Department of the Treasury. Meanwhile, U.S. data cited by Reuters showed a near 10 million-barrel weekly draw from the Strategic Petroleum Reserve around that week—a record move that tightens safety stocks even as prices dip. The Big Picture
Editor’s note: In Q1–Q2 2026, I kept hearing the same thing from energy PMs
The post Bitcoin Spot, Futures Buyers Show Up But Is It Enough? appeared on BitcoinEthereumNews.com.
Bitcoin ETF selling overwhelmed markets again after last week’s $1.42 billion outflow followed the previous week’s $1.26 billion outflow. BTC’s subsequent fall to $72,500 raised concerns that the price would slip back into the $60,000 to $70,000 range that BTC was locked in during February through April, but Cointelegraph’s reporting showed spot volumes kicking in to defend the $70,000 support. BTC/USDT aggregated spot volumes. Source: Velo Given the sizeable ETF selling, BTC inflows to Coinbase and futures market liquidations, the spot CVD data above suggests these dip buyers are not dominant. Bitcoin exchange inflows, Coinbase. Source: CryptoQuant Open interest heatmap data, on the other hand, does show nearly $300 million of open interest concentrated in the yellow band representing $73,000 to $74,000, where traders appear to have opened new leveraged long positions. Open inter
Geopolitical tensions in the Gulf could lead to sustained volatility in global energy markets, affecting economic stability worldwide.
The post Iran conflict disrupts Gulf energy, impacts crude oil prices globally appeared first on Crypto Briefing.
The post Hyperliquid’s HYPE rally is bigger than a new all-time high appeared on BitcoinEthereumNews.com.
The Hyperliquid HYPE rally reached a new HYPE all-time high of $68.64 on May 30, extending a month that has already delivered roughly 50% in gains and over $1.4 billion in single-day trading volume. The HYPE price move came the day after the CFTC approved KalshiEX’s BTCPERP contract, the first Bitcoin perpetual futures product cleared for listing on a US-regulated exchange, and one day after ICE CEO Jeffrey Sprecher said that Hyperliquid is “bigger than Nasdaq” and that his team has met the founders multiple times. Two US-listed spot HYPE ETFs, Bitwise’s BHYP and 21Shares’ THYP, had already crossed $136 million in cumulative net inflows within 13 trading sessions by May 29. Traders are reevaluating Hyperliquid’s position in a market where the product category it built at scale just received US regulatory recognition, where a regulated ETF wrapper gives institutional allocators dire
The post Bitcoin Is At ‘Pivotal Level’ As $65K Downside Risk Looms: Analyst appeared on BitcoinEthereumNews.com.
Bitcoin could fall toward its February yearly low if it fails to maintain support above the $70,000 level, according to a crypto analyst. “Bitcoin is at a pivotal level, and if it doesn’t hold, we’re buying at <$65K,” MN Trading Capital founder Michael van de Poppe said in an X post on Saturday. Bitcoin (BTC) reached a yearly low of $60,000 in early February before recovering to $73,873 at the time of publication, according to CoinMarketCap. It comes as crypto market participants are divided over whether Bitcoin’s early February price of $60,000 marked the bottom of the cycle, or if further downside still lies ahead. Bitcoin may break above $76,000 if the current level holds Veteran trader Peter Brandt said in March that $60,000 may not be the lowest level for 2026, forecasting that Bitcoin could retest or even move “slightly lower” than the price level in September or Octob
The post Bitcoin Price Prediction: Caught Between $72K & $76K; Leverage Builds appeared on BitcoinEthereumNews.com.
Bitcoin is trading near $74,000 as high leverage clusters around $72,000 and $76,000 on CW’s liquidation heatmap. At the same time, BTC sits near its bull market support band, with major weekly moving averages rising below price. Bitcoin Price Holds Near $74K as Leverage Builds at $72K and $76K Bitcoin traded near $74,000 on the CoinAnk liquidation heatmap shared by CW on X, while high leverage positions clustered around $72,000 and $76,000. The chart shows BTC falling from the $77,000 to $78,000 area before stabilizing near $74,000. After the drop, price moved sideways between the two major liquidity zones. Bitcoin High Leverage Liquidity Map. Source: CW on X The brightest heatmap bands appear near $72,000 and $76,000. These areas show where large leveraged positions may face liquidation if price moves sharply in either direction. CW said movements to liquidate these pos
The post Bitcoin ETFs Lose $2.9B as BTC Tests $76K appeared on BitcoinEthereumNews.com.
Bitcoin ETFs post $2.9B in 10-day outflows as USDT market cap drops $1.2B before BTC approaches the $76.3K resistance test. Bitcoin exchange-traded funds recorded heavy redemptions through May 29, as spot Bitcoin ETF flows turned negative for 2025. The reported $2.9 billion exit came during ten straight days of outflows. Market attention also moved to Tether, after USDT market value fell by $1.2 billion in 24 hours. Traders are now watching whether Bitcoin can retest the $76,300 area, or face renewed selling pressure. Bitcoin ETFs See Ten Days of Outflows Spot Bitcoin ETFs lost $2.9 billion across ten straight trading days through May 29. The largest daily exit came on May 27, when redemptions reached $733 million. The selling was led by BlackRock’s IBIT, according to the market data shared. IBIT had earlier been one of the strongest drivers of Bitcoin ETF demand. Bitcoin ETFs shed $2.9 billion over
Bitcoin ETFs post $2.9B in 10-day outflows as USDT market cap drops $1.2B before BTC approaches the $76.3K resistance test. Bitcoin exchange-traded funds recorded heavy redemptions through May 29, as spot Bitcoin ETF flows turned negative for 2025. The reported $2.9 billion exit came during ten straight days of outflows. Market attention also moved to […]
The post Bitcoin ETFs Lose $2.9B as Tether Signals Shift Before $76K BTC Test appeared first on Live Bitcoin News.