Bullish Posts Q1 Earnings Miss, $605M Loss

CME and ICE are reportedly urging U.S. regulators to enforce existing financial laws against Hyperliquid.

Learn what bullish means in crypto, how bullish sentiment works, examples, risks for traders, and related terms in a concise glossary explainer. The post Bullish: What Bullish Means For Crypto Traders And Investors appeared first on BiteMyCoin.

Bullish stock dropped in trading with the crypto exchange’s first-quarter earnings miss, adding to the crypto companies that have underperformed in the quarter.

Market maker giant Jane Street is again drawing intense attention in crypto markets, with experts claiming the firm’s “next target” may now be Ethereum (ETH).  The speculation comes after reports that Jane Street made several major adjustments to its positions during the week, following months of scrutiny tied to alleged trading manipulation connected to Bitcoin (BTC). From Bitcoin Retreat To Ethereum Expansion Jane Street, one of Wall Street’s most active proprietary trading firms, reportedly reduced multiple Bitcoin-linked holdings in the first quarter (Q1) of the year, while meaningfully increasing its exposure to assets tied to Ethereum. Jane Street’s position in BlackRock’s iShares Bitcoin Trust (IBIT) fell by 71% quarter-over-quarter to about 5.9 million shares, with a reported value near $225 million.  Related Reading: Bitcoin And XRP Climb On CLARITY Act News—But Clear Path To Law Isn’t Done Yet The firm also cut its stake in Fidelity’s Wise Origin Bitcoin Fund (FBTC), where ho

Morgan Stanley alone manages roughly $7 trillion in client assets. If its advisers shift even 3% of that into Bitcoin, the math gets staggering fast. That scenario sits at the heart of what financial adviser Ric Edelman calls a potential “flywheel effect” — a chain reaction of institutional money that could send Bitcoin soaring past $150,000 before 2026 ends. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High Wall Street Is Waiting For A Green Light Edelman laid out the argument during a recent appearance on the Milk Road podcast with host John Gillen. He said traditional financial firms have largely stayed on the sidelines not because of disinterest, but because of regulatory uncertainty. Once the Clarity Act passes, he said, that changes. Large brokerages, wealth managers, and fund companies would be free to move — and Edelman believes many are ready to do exactly that. Morgan Stanley has already told its advisers to begin adding small crypto positions to

Solana has entered a temporary correction phase following its strong breakout move, with profit-taking slowing momentum near key resistance levels. Even so, the overall market structure remains constructive, as the asset continues to hold above important support zones. If bulls regain strength and reclaim nearby resistance, SOL could be preparing for another leg higher within its broader bullish trend.  First Target Zone Cleared Following 10% Breakout Rally The current market structure for Solana continues to lean bullish following its recent breakout above a key trendline resistance. According to analyst Bitcoin Meraklısı, the asset managed to hit its first upside target zone after an impressive rally of nearly 10%. However, once the price reached that area, sellers began stepping in, leading to profit-taking activity. Related Reading: Solana (SOL) Dips Modestly, But Traders Still Expect Bigger Move The recent decline is currently being interpreted as part of a short-term correction r

XRP rallied as buyers pushed the token to fresh session highs, extending gains after a breakout from consolidation. The move came alongside expanding volume, elevated momentum readings, and optimism after the Senate Banking Committee advanced the CLARITY Act, which Ripple publicly supported. XRP Breakout Signals Renewed Bullish Momentum At 2:27 p.m. on May 14, XRP […]

The post Bullish posts $604.9 million Q1 loss as trading activity slows appeared on BitcoinEthereumNews.com. Bullish also reported adjusted EBITDA of $35.1 million, missing analyst estimates of $38 million. Summary Bullish reported adjusted first-quarter 2026 revenue of $92.8 million, missing analyst expectations. The crypto trading platform posted a net loss of $604.9 million, or $3.85 per share. Shares of Bullish fell 7.9% in pre-market trading to $38.51 following the earnings release. Crypto trading platform Bullish reported weaker-than-expected first-quarter 2026 financial results as softer digital asset trading activity weighed on revenue and profitability. According to a report from CoinDesk, the company posted adjusted revenue of $92.8 million, below Wall Street expectations of $94.9 million. The company’s net loss widened sharply to $604.9 million, equivalent to a loss of $3.85 per share, compared with the same period a year earlier. Investors reacted negatively to the results,