News
21 May 2026, 07:34
Tax evaders are trying ‘novel digital assets’ to dodge authorities: Chainalysis

Italian authorities uncovered a tax evasion scheme in which an individual allegedly used Bitcoin Ordinals and the BRC-20 token standard to generate and conceal $1.1 million.
21 May 2026, 07:30
Soluna Buys out Dorothy 1B as Bitcoin-to-AI Campus Conversion Advances

Soluna (NASDAQ: SLNH) Holdings has acquired full ownership of another portion of its flagship Texas campus, continuing a broader effort to transform a bitcoin mining complex into an AI and high-performance computing site backed by owned renewable energy. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy
21 May 2026, 07:30
Bitcoin Perpetual Futures: A Look at Current Long/Short Ratios Across Top Exchanges

BitcoinWorld Bitcoin Perpetual Futures: A Look at Current Long/Short Ratios Across Top Exchanges The 24-hour long/short ratio for Bitcoin perpetual futures on the world’s three largest crypto futures exchanges—Binance, OKX, and Bybit—reveals a market that is currently finely balanced. As of the latest data, the overall ratio stands at 50.08% long and 49.92% short, indicating a near-even split between traders expecting a price increase and those anticipating a decline. Exchange-Specific Breakdown A closer look at individual platforms shows slight variations in trader sentiment. On Binance, the largest exchange by open interest, the ratio is 50.74% long versus 49.26% short, reflecting a modest bullish tilt. OKX shows a similar but slightly more pronounced lean, with 51.19% of positions long and 48.81% short. Bybit, however, presents a contrasting picture. The exchange reports a 49.38% long ratio against 50.62% short, making it the only platform among the three where bearish positions currently outnumber bullish ones. This divergence highlights how trader sentiment can vary depending on the exchange’s user base and trading culture. What This Data Tells Traders Long/short ratios are a widely watched metric in the crypto derivatives market. They represent the proportion of open positions betting on a price rise (long) versus a price fall (short) for perpetual futures contracts. While these ratios can offer a snapshot of market sentiment, they are not a definitive predictor of price direction. A ratio near 50% suggests a lack of strong directional conviction among traders. In such conditions, markets can be more susceptible to sudden volatility as even a small shift in sentiment can trigger a cascade of liquidations. The current near-even split across the top exchanges suggests that traders are waiting for a clearer catalyst before committing to a directional bias. Why This Matters for Market Watchers For active traders and analysts, tracking these ratios across multiple exchanges provides a more complete picture than looking at any single platform alone. The divergence at Bybit, for instance, could indicate that a specific segment of traders—perhaps those using more aggressive leverage—holds a different view than the broader market. Understanding these nuances can help in assessing potential risk and positioning. Conclusion The current long/short data for Bitcoin perpetual futures points to a market in equilibrium, with no dominant directional bias. While Binance and OKX show a slight bullish edge, Bybit’s bearish tilt introduces a note of caution. Traders should monitor these ratios alongside other indicators, such as funding rates and open interest changes, to gauge the evolving sentiment. As always in crypto markets, conditions can shift rapidly, and this data should be viewed as one piece of a larger puzzle. FAQs Q1: What is a perpetual futures contract? A perpetual futures contract is a type of derivative that allows traders to speculate on the price of an asset, like Bitcoin, without an expiration date. Unlike traditional futures, perpetuals use a funding rate mechanism to keep the contract price close to the spot price. Q2: How is the long/short ratio calculated? The long/short ratio is calculated by dividing the number of open long positions by the total number of open positions (longs + shorts) on a given exchange. It is usually expressed as a percentage and updated in real-time or over a 24-hour period. Q3: Does a high long ratio mean the price will go up? Not necessarily. A high long ratio can indicate bullish sentiment, but it can also signal that the market is overcrowded and due for a correction. Conversely, a high short ratio can suggest bearishness but may also precede a short squeeze. The ratio is best used in conjunction with other market data. This post Bitcoin Perpetual Futures: A Look at Current Long/Short Ratios Across Top Exchanges first appeared on BitcoinWorld .
21 May 2026, 07:30
Syndicate Labs winds down after 5 years, citing shrinking rollup market

The Ethereum rollup market is dominated by Arbitrum and Base, which have a combined 68% market share, according to L2Beat.
21 May 2026, 07:26
XRP price prediction: can ETF inflows trigger a breakout above $1.50?

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the green as the broader cryptocurrency market slightly recovers from the recent selloff. XRP is the worst performer among the top 10 cryptocurrencies by market cap, up less than 1% in the last 24 hours. However, the aggressive accumulation of XRP ETFs by institutional investors could push XRP’s price higher in the near term. The momentum indicators also suggest a growing bullish narrative. XRP stays above $1.37 amid growing ETF inflow XRP has defended the $1.32 support level over the past few days and could be preparing for a potential breakout above $1.40 in the near term. Despite XRP’s poor performance, institutional demand has increased over the past few days. CoinGlass data shows that XRP’s spot ETFs recorded an inflow of $1.5 million on Wednesday, marking the fifth consecutive day of positive flows since last week. The ETF inflows indicate institutional confidence in XRP, and this could push its price higher in the near term. The on-chain and derivatives data also show a mild bullish bias for XRP. According to CyptoQuant, XRP’s spot market is showing cooling conditions. The derivatives side supports a positive outlook. CoinGlass’s futures Open Interest (OI) now stands at $2.9 billion, up by 1% in the last 24 hours. The long-to-short ratio reads 1.02, indicating a bullish sentiment as traders are betting on XRP’s price increase. Finally, the funding rate for XRP flipped positive on Monday and now reads 0.0027%. The positive rate indicates that longs are paying shorts and projecting a bullish sentiment. The positive performance of the broader crypto market comes after the US President Donald Trump announced on Wednesday that the ongoing negotiations with Iran are in their final stages. This latest development has raised hopes for a potential agreement between the two countries, improving the broader market sentiment and allowing XRP and Bitcoin to hold above key support levels. XRP price forecast: Bulls prepare for a breakout The XRP/USD 4-hour chart remains bearish as it is the worst performer among the top 10 cryptocurrencies by market cap. At press time, XRP is trading at $1.373, below the 50-day Exponential Moving Average (EMA) of $1.411. The momentum indicators are no longer in the oversold regions, indicating a fading bearish trend. The Relative Strength Index (RSI) is hovering around 44, and the Moving Average Convergence Divergence (MACD) line is holding below zero, suggesting that buyers are slowly regaining control of the market. If the buyers reclaim control, they would encounter initial resistance at the $1.411 level, with another major zone at $1.427. A daily candle break above these levels would allow the bulls to extend their rally towards the $1.48 resistance zone, with the $1.50 psychological level also a target. However, if the selloff resumes, the buyers will need to defend the initial support at $1.32 to enable XRP to bounce back faster. Losing this support level would expose XRP to lower floors below $1.30, making it harder for a recovery effort in the near term. The post XRP price prediction: can ETF inflows trigger a breakout above $1.50? appeared first on Invezz
21 May 2026, 07:20
Ethereum Foundation Faces Talent Exodus, Synthetix Founder Alleges Buterin Interference

BitcoinWorld Ethereum Foundation Faces Talent Exodus, Synthetix Founder Alleges Buterin Interference The Ethereum Foundation (EF), the nonprofit organization tasked with stewarding the development of the Ethereum blockchain, is reportedly experiencing a significant loss of personnel. According to a report from crypto journalist Laura Shin, the departure stems from frustrations with the direct interventions of Ethereum co-founder Vitalik Buterin. Allegations of Internal Turmoil The claims originate from Kain Warwick, the founder of the decentralized finance protocol Synthetix. Warwick described former EF members as ‘missionaries’ who worked for below-market salaries without equity compensation. He alleged that Buterin’s hands-on management style led to the dismissal of key leadership figures, including co-Executive Director Tomasz Stańczak, whom Warwick believes could have steered the foundation more effectively. Warwick further stated that this environment of internal friction has driven disillusioned talent to seek opportunities elsewhere, notably at the Solana Foundation, where compensation packages can reportedly reach $2 million annually. He also alleged that current Executive Director Aya Miyaguchi created an atmosphere that discouraged success among the staff. Broader Implications for Ethereum The reported talent drain comes at a critical time for Ethereum, which faces increasing competition from faster and often cheaper layer-1 blockchains like Solana. The loss of experienced developers and researchers could slow the pace of innovation within the core protocol and its surrounding ecosystem. While the Ethereum Foundation has historically been lauded for its research-driven approach and dedication to decentralization, these allegations suggest a potential governance weakness. The reliance on a single, highly influential figure like Buterin for strategic direction may create bottlenecks and internal conflicts that are unsustainable for a global, multi-billion-dollar network. Why This Matters to the Crypto Community For investors and developers, the health of the Ethereum Foundation is directly tied to the network’s long-term viability. A steady outflow of core talent could impact the timeline for future upgrades, the quality of client software, and the overall morale of the developer community. The movement of talent to competing ecosystems like Solana also signals a potential shift in the industry’s center of gravity. These are serious allegations that, if substantiated, could erode trust in the EF’s ability to manage its human capital. However, it is important to note that these claims come from a single source and have not been independently verified by the Ethereum Foundation or Buterin himself. Conclusion The allegations made by Kain Warwick paint a picture of an organization struggling with internal leadership dynamics and a talent retention crisis. Whether these claims reflect isolated incidents or a systemic issue within the Ethereum Foundation remains to be seen. The crypto community will be watching closely for any official response from the EF or Vitalik Buterin, as the future of the world’s second-largest blockchain may depend on the stability of its foundational team. FAQs Q1: What is the main claim made by Synthetix founder Kain Warwick? A1: Warwick claims that Vitalik Buterin’s direct interventions led to the dismissal of key leaders at the Ethereum Foundation, causing a talent exodus to competing blockchains like Solana, where salaries are significantly higher. Q2: Why are former EF employees reportedly moving to the Solana Foundation? A2: According to Warwick, the Solana Foundation offers compensation packages of up to $2 million annually, far exceeding the below-market salaries and lack of equity at the Ethereum Foundation. Q3: How could this talent drain affect Ethereum? A3: The loss of experienced developers and researchers could slow the pace of protocol upgrades, reduce innovation, and weaken the Ethereum ecosystem’s competitive position against faster and cheaper blockchains like Solana. This post Ethereum Foundation Faces Talent Exodus, Synthetix Founder Alleges Buterin Interference first appeared on BitcoinWorld .













































