The post ETH Bear Flag Confirmed: 47% Downside Target at $1,075 as Altcoins Flash Warnings appeared on BitcoinEthereumNews.com.
ETH bear flag confirmed with a 47% downside target of $1,075. BTC breaks below $74,243. Altcoins flashing stacked bearish warnings. Bitcoin slipped almost 2% on Wednesday, putting in a lower local low at $74,243.99. That number beat the Saturday wick at $74,289. Crypto analyst MooninPapa on X called it the moment the support fan got crushed, with the next hard target sitting at $71,474. On-balance volume for BTC just rolled over to what MooninPapa describes as the top of the roller coaster. The TBO close long confirmed Tuesday, followed by a cross down. A bounce to the fast line is possible. Whether it matters is a different question. The Ethereum Chart Nobody Wants to Look At ETH closed below a long-term support level first established in early February and tested repeatedly through late May. On Wednesday it closed lower again, and the upper wick tested that
The post FBI Seizes 127,000 Bitcoin in Global Scam Network Bust appeared on BitcoinEthereumNews.com.
FBI’s Operation Blackout seized over $8 billion and dismantled a global crypto scam network. Nearly 2,000 trafficked workers were freed as authorities shut down scam compounds worldwide. The FBI says crypto fraud networks increasingly combine scams, money laundering, and trafficking. The FBI has broken up a vast cryptocurrency fraud network that authorities say stole billions of dollars from victims around the world. The operation, which stretched across Asia, Africa, the Middle East and the United Arab Emirates, targeted criminal groups accused of running online investment and romance scams while forcing thousands of people to work in scam compounds. As part of the crackdown, U.S. investigators seized more than 127,000 bitcoin linked to Cambodian businessman Chen Zhi, chief executive of Prince Holding Group, according to a Fox News report. Officials described it as the largest cryptocu
The post Could XRP Hit $10 This Bull Run? World’s Highest IQ Holder Thinks So appeared on BitcoinEthereumNews.com.
XRP investment products pulled in close to $12 million in a single day on May 29, pushing total net inflows to roughly $1.42 billion — the token’s strongest ETF month of 2026 so far. Yet despite that institutional interest, XRP is still trading near $1.34, far below where some of its loudest supporters say it should be. A Fresh Target From A Familiar Voice YoungHoon Kim, who claims the title of world’s highest-IQ holder, posted a pointed statement on X this week: XRP will reach between $5 and $10 this cycle. A day earlier, he had teased that the token was about to explode — and the price target followed shortly after, drawing immediate attention across crypto social media. MY ANALYSIS IS FINAL: XRP WILL REACH BETWEEN $5 AND $10 THIS CYCLE. https://t.co/nFvSGhGp2W pic.twitter.com/HHg93FvHdV — YoungHoon Kim (@yhbryankimiq) May 29, 2026 The math behind those numbers is steep.
The post First Time in History? Ethereum (ETH) Nears Third Straight Red Quarter appeared on BitcoinEthereumNews.com.
During one of the most difficult times in the asset’s history, Ethereum is getting close to a milestone that few investors anticipated. For the first time since it started trading, ETH may experience three consecutive monthly losses if current market conditions hold true through June. According to historical data, Ethereum has never closed in negative territory for three consecutive months. Even though the asset has gone through severe bear markets, such as the 2018 collapse and the 2022 crypto winter, it has always been able to break losing streaks with at least one positive monthly close before falling for a third time in a row. XLM Shoots Up 60%, XRP Left in Dust Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30: Bearish Pressure Emerges Starting from a decline Ethereum’s first quarter of 2024 has already ended with a 29.1 percent decline.
The post BTC Below Cost Basis: Support Turns Resistance appeared on BitcoinEthereumNews.com.
Bitcoin’s latest bounce kept failing in the same band: the high‑$70,000s. Each push stalled, and sellers appeared where dips used to get bought. That is not just a chart pattern—it is an on‑chain shift. Fresh cohort cost bases are now overhead. The recent 30‑day cost‑basis zone—the breakeven for late buyers—has flipped from a floor into a ceiling. When that happens, rallies look like exit liquidity. Add options flows and ETF redemptions, and you have a recipe for “support turned resistance” that goes beyond narratives and shows up in the data. The Big Picture Editor’s note: In Q2 2026 I watched a familiar pattern return: cost-basis bands that acted as springboards earlier in the year became sell zones exactly when ETF flows cooled and options skew leaned defensive. Several desks I speak with flagged how a compressed realized vol backdrop made negative gamma near key strikes far more consequenti
The post Crypto Sentiment Reaches Most ‘Lopsided Positive’ Ratio for 2026: Santiment appeared on BitcoinEthereumNews.com.
The feeling toward Bitcoin on social media has reached its most bullish level of the year, even as the overall crypto market is down, according to crypto sentiment platform Santiment. “Sentiment on Bitcoin has spiked to 2.23 bullish comments for every bearish one — the most lopsided positive ratio of 2026,” Santiment said in a report published on Saturday. “The previous two biggest positive-ratio days of the year preceded short-term price pullbacks, while severely negative readings marked local bottoms. The current euphoria contrasts sharply with the bearish ETF flow picture and warrants caution,” Santiment said. Spot Bitcoin ETFs logged their tenth consecutive trading day of outflows on Friday, with total net redemptions exceeding $2.97 billion since May 15. Source: Michael Sullivan Crypto market participants often watch broader market sentiment to gauge how other
The post Bitcoin price rebound to $75K? Analysts split as $71K support looms appeared on BitcoinEthereumNews.com.
Bitcoin traded near $73,700 on May 31 as traders watched whether the market could defend short-term support while analysts debated a possible rebound and a deeper cycle low later in 2026. Summary Bitcoin trades near $73.7K as traders watch $71.4K support and $78.2K resistance. A TD Sequential buy signal points to a possible rebound toward $75,000 if demand improves. Low volume, weak RSI and Iran-linked risk keep Bitcoin under short-term market pressure this week. Bitcoin price data showed BTC trading near $73,713, up 0.28% over 24 hours. The asset remained down 4.18% over seven days, while 24-hour trading volume stood near $16.09 billion. The 24-hour range stayed tight, with Bitcoin moving between $73,469 and $74,110. The narrow range showed that traders had not yet pushed BTC into a clear breakout or breakdown. The market cap stood near $1.47 trillion, keeping Bitcoin rank
The post Quiet Altcoin Accumulation Persists As Market Slumps: CryptoQuant appeared on BitcoinEthereumNews.com.
Public sentiment around altcoins has turned distinctly glum. Social media chatter, forum threads, and even some derivatives positioning suggest that many traders have written off the chance of a broad altcoin season any time soon. Yet the latest on-chain data from CryptoQuant points to a different reality. Altcoin volume continues to rise, a trend that analyst @CW8900 describes as evidence of quiet accumulation happening while the broader market remains sluggish. The divergence between what retail investors are saying and what on-chain flows are showing creates a tension that experienced market watchers rarely ignore. Volume data from exchange wallets and aggregate blockchain activity has been climbing across a range of altcoin networks, not just the top handful. The persistence of this increase, even during weeks when altcoin prices have struggled to hold recent levels, sugg
