Crypto

Bitcoin’s break below $80,000 has pushed traders toward a crowded leverage zone where a further decline could force about $1 billion of long positions out of the market. According to CryptoSlate data, the largest cryptocurrency fell to as low as $78,725 after US inflation readings came in hotter than expected, weakening expectations that the Federal […] The post Bitcoin traders brace for $1 billion liquidation trap after inflation shock breaks $80,000 appeared first on CryptoSlate.

Bitcoin price traded below $80,000 as investors braced for the US Senate CLARITY Act markup vote that could see sudden swings toward key BTC price levels. Bitcoin (BTC) bulls made another attempt to reclaim the $80,000 level on Thursday, as traders expect price swings before and after the CLARITY Act vote. Key takeaways: The CLARITY Act, a proposed US bill that would set clearer rules for how regulators oversee the crypto market and stablecoins, is scheduled for a Senate Banking Committee markup vote on Thursday. Read more

Coinbase will manage USDC liquidity on Hyperliquid, deepening ties with one of crypto’s fastest-growing trading platforms.

The daily payout structure lifts the effective yield to 13.88% as the company eliminates all debt and expands its bitcoin treasury strategy.

Trump's in Beijing for the biggest potential market-moving event of the year, while Claude helped one lucky user recover $400,000 in Bitcoin.

Ripple's David Schwartz Warns of XRP Phishing Surge The post Ripple News: Ripple’s CTO David Schwartz Just Warned of AI-Cloned Executives Draining XRP Wallets, Are You at Risk? appeared first on Cryptonews.

Restrictions proposed by the BOE prompted criticism from the crypto industry, which said they risked preventing the U.K. from being competitive in the digital economy.

The rally was led by leveraged traders and not U.S.-based spot buyers. Hence, its. sustainability is being questioned.

Bitcoin ETFs See $635M Outflow as BOJ Triggers Liquidations The post The Bank of Japan Just Triggered $635 Million in Bitcoin ETF Outflows in a Single Day: Is the Rally Over? appeared first on Cryptonews.

Twenty FTX victims are suing Fenwick & West, claiming the law firm didn’t just represent FTX, it helped build the infrastructure that kept the fraud running. A group of 20 victims from five countries or jurisdictions has filed a $525 million lawsuit against Fenwick & West LLP, one of Silicon Valley’s top tech law firms, accusing it of helping conceal the FTX fraud. The complaint, filed Wednesday in the US District Court for the District of Columbia, names the firm alongside six individual defendants. The plaintiffs say they lost their life savings when FTX collapsed, claiming that Fenwick’s involvement gave the exchange a false air of legitimacy that kept them from pulling their money out. At the center of the case is testimony from Nishad Singh, FTX’s former director of engineering, who pleaded guilty to fraud charges and testified at Sam Bankman-Fried’s criminal trial. Singh said he personally told Fenwick attorneys that customer funds were being misused, and instead of walking away, the firm advised on how...

Your day-ahead look for May 14, 2026

The bank raised its reported IBIT holdings by 174% in the first quarter while also adding exposure to select Bitcoin, Ether and Solana-linked funds. JPMorgan Chase increased its reported holdings in several Bitcoin exchange-traded funds (ETFs) in the first quarter, led by a 174% jump in its position in BlackRock’s iShares Bitcoin Trust (IBIT), according to a 13F filing published Wednesday. The bank increased its position in IBIT from around 3 million shares in Q4 2025 to 8.3 million shares, according to the filing. The increase added about $162 million in reported value, based on filing data, despite Bitcoin price falling by more than 22% in Q1, according to CoinGlass data. Read more

The company also missed bottom-line forecasts. The shares fell before rebounding as the broader market advanced.

There are two conditions for a recovery to $82K: exchange netflows returning negative and leveraged long liquidation pressure cooling.

Cerebras Systems’ $5.5 billion IPO and soaring semiconductor stocks underscore how investor attention has shifted from bitcoin to artificial intelligence in 2026.

Inflation fears and Fed uncertainty trigger the biggest U.S. Bitcoin ETF outflows since January, snapping weeks of institutional inflows.

Traders have been treating Bitcoin as a high-beta proxy for the same risk appetite driving Nvidia and the Mag-7, one that should move with equities on green days. Instead, Bitcoin lost its $80,000 support and registered an intraday low of $78,759.70 on May 13, while the S&P 500 registered a new all-time high, QQQ rose […] The post The S&P 500 hitting another all-time high just exposed Bitcoin’s real problem appeared first on CryptoSlate.

Crypto markets weakened as inflation fears hit risk assets, triggering long liquidations, negative derivatives flows and renewed pressure on altcoins.

Crypto analysts spot early altcoin recovery signals as key metrics improve and capital rotation hints at a potential altseason in 2026. Crypto market analysts say increasing altcoin performance and volumes on Binance, a rising altseason index and a strengthening TOTAL2 macro structure are early signs that the market could enter an altseason in 2026. Key takeaways: Crypto analyst Darkfost said that macroeconomic uncertainties surrounding the ongoing US and Israel-Iran war saw the altcoin sector correct by more than 50%. Read more

The CFTC issued no-action relief from certain swap reporting rules for fully collateralized event contracts as prediction market disputes widen. The US Commodity Futures Trading Commission’s (CFTC) market and clearing divisions issued no-action relief for fully collateralized event contracts, easing certain swap data reporting and recordkeeping obligations for prediction market operators and clearing organizations. The divisions said Wednesday that they will not recommend enforcement against designated contract markets (DCMs), derivatives clearing organizations (DCOs), or their participants for failing to comply with specified swap-related recordkeeping requirements or for failing to report covered transactions to swap data repositories. Event contracts on prediction markets technically qualify as “swaps” as they are based on binary events. However, the letter argued that similar contracts are listed for trade by DCMs and have more similar characteristics to futures and options on futures, hence enabling firm...