News
20 May 2026, 13:49
Blackrock Drives $331M Bitcoin ETF Outflow as XRP and Solana Funds Attract Inflows

Institutional selling pressure remained firmly in control on Tuesday as bitcoin ETFs posted another major wave of outflows, while ether funds extended their losing streak to seven consecutive sessions. In contrast, solana and XRP ETFs continued to attract modest but steady inflows, reinforcing a growing divide in investor sentiment across the crypto market. Institutional Investors
20 May 2026, 13:32
Singapore Pulls Bsquared Crypto License, Tether Acquires SoftBank's XXI Stake

Crypto News Singapore's central bank stripped Bsquared Technology of its crypto payment licence on Wednesday, ending the firm's authorisation to provide digital payment token services in the city-s...
20 May 2026, 13:30
What’s The Latest With The US-Iran War And How Does It Affect Bitcoin?

The US-Iran war continues to linger with the two countries yet to reach a deal, and US President Donald Trump is threatening new strikes against Iran. Amid this, Iran has moved to launch a Bitcoin-backed service as it looks to assert control over the Strait of Hormuz. U.S.-Iran War In Focus Amid Trump’s Threat and New Bitcoin Service According to a Reuters report, US President Donald Trump has threatened that a new US attack on Iran could happen in the coming days if both sides fail to reach a deal. This came amid his revelation that he was close to ordering a strike against Iran earlier this week before postponing following pleas from leaders of the UAE, Qatar, and Saudi Arabia. Notably, the US-Iran war is now approaching the three-month mark, with a peace deal yet to be reached. Related Reading: Donald Trump Abandons Meme Coins In Favor Of These Indirect Bitcoin Exposure Vehicles The major contention remains Iran’s nuclear program, which the country has so far refused to give. Meanwhile, Iran had sent a revised proposal earlier in the week, which the US rejected. The proposal focused on a long-term truce in the US-Iran war and the gradual reopening of the Strait of Hormuz. The closure of this major oil chokepoint continues to impact the markets, with oil holding above $100 per barrel while Bitcoin and the broader crypto market decline. Meanwhile, amid the closure of the Strait of Hormuz, Iran has launched a Bitcoin-backed insurance service for shipping in this oil chokepoint. The service called “Hormuz Safe” aims to provide insurance policies for cargo moving through the Persian Gulf, the Strait of Hormuz, and surrounding waterways, with payments made in Bitcoin. Iran has adopted Bitcoin to evade US financial sanctions, which have heightened amid the US-Iran war. War Sending Inflation To Multi-Year Highs The US-Iran war is also driving US inflation to multi-year highs, which is putting downside pressure on Bitcoin and the broader crypto market. US PPI inflation rose by 6% year-over-year (YoY) in April, its highest increase since December 2022. At the same time, US CPI rose by 3.8% in April, its highest increase since May 2023. Related Reading: Why The $65,000 Region Is Important As Bitcoin Gears Up To Face Massive Resistance At These Levels With inflation rising due to the US-Iran war, the market continues to price in a rate hike over a cut as the Fed’s next likely move. Polymarket data shows a 28% chance of a Fed rate hike this year. Meanwhile, further data from Polymarket shows a 70% chance that the Fed will make zero rate cuts this year amid inflation concerns. A potential rate hike is bearish for Bitcoin, as it could constrain liquidity with higher interest rates. At the time of writing, the Bitcoin price is trading at around $77,000, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
20 May 2026, 13:30
Coinbase Lists Nexus (NEX), Expanding Altcoin Access for Retail Traders

BitcoinWorld Coinbase Lists Nexus (NEX), Expanding Altcoin Access for Retail Traders Coinbase, one of the largest publicly traded cryptocurrency exchanges in the United States, has announced the listing of Nexus (NEX), a token associated with the decentralized cloud computing and blockchain infrastructure project. The listing, confirmed on the company’s official exchange status page, makes NEX tradable against USD and USDT on Coinbase’s advanced trading platform, Coinbase Advanced. Details of the Listing The listing follows a standard Coinbase review process, which evaluates a token’s technical security, compliance with regulatory standards, and market demand. NEX is now available for trading on Coinbase.com and via the Coinbase mobile app. The exchange has designated the asset with an ‘Experimental’ label, a tag applied to newer or lower-volume tokens to inform users of potential higher volatility and reduced liquidity compared to major assets like Bitcoin or Ethereum. Nexus is a project that aims to build a decentralized supercomputer network, allowing users to rent out computing power for tasks such as AI training and scientific research. The NEX token is used for transaction fees, staking, and governance within the network. The project has been operational for several years and has a development team based in multiple jurisdictions. Market Implications and Trader Considerations Listings on Coinbase have historically been associated with increased price volatility and trading volume for the newly listed asset. However, the ‘Experimental’ label serves as a caution. Traders should be aware that NEX may experience wider bid-ask spreads and less predictable price action in the initial days of trading. For Coinbase, the addition of NEX continues a trend of expanding its altcoin offerings beyond the top 20 cryptocurrencies by market capitalization. This strategy aims to attract a broader user base looking for exposure to emerging blockchain projects, while also generating additional fee revenue from increased trading activity. Why This Matters to Investors For holders of NEX, the Coinbase listing significantly improves liquidity and accessibility. Previously, NEX was primarily available on smaller, less regulated exchanges. The move onto a major U.S. exchange like Coinbase provides a more straightforward on-ramp for institutional and retail investors who prefer to trade on platforms with strong compliance reputations. It also potentially paves the way for future listings on other major platforms, as Coinbase’s due diligence is often seen as a positive signal by other market participants. Conclusion The listing of Nexus (NEX) on Coinbase represents a notable step for the project, offering it greater exposure and liquidity within the regulated U.S. crypto market. While the ‘Experimental’ tag advises caution, the move underscores Coinbase’s ongoing effort to diversify its asset listings and cater to demand for niche altcoin projects. Investors should conduct their own research into the Nexus project’s fundamentals and market dynamics before trading. FAQs Q1: What is the ‘Experimental’ label on Coinbase? The ‘Experimental’ label is a designation Coinbase uses for assets that are newer, have lower trading volume, or are otherwise considered higher risk. It serves as a warning to users that the asset may have higher volatility and less liquidity than established cryptocurrencies. Q2: How does a Coinbase listing typically affect a token’s price? Historically, a Coinbase listing has often led to a short-term price increase due to increased visibility and access to a larger pool of buyers. However, this is not guaranteed, and prices can also correct after the initial surge. The ‘Experimental’ label may moderate this effect. Q3: Is Nexus (NEX) a good investment? We cannot provide investment advice. The decision to buy or sell NEX should be based on your own research into the Nexus project’s technology, team, roadmap, and market position, as well as your personal financial goals and risk tolerance. A Coinbase listing is a positive signal for accessibility but does not guarantee the project’s long-term success. This post Coinbase Lists Nexus (NEX), Expanding Altcoin Access for Retail Traders first appeared on BitcoinWorld .
20 May 2026, 13:26
Usdc goes live for direct transfers across 23 blockchains

🚀 USDC can now move instantly between 23 blockchains via Stellar. Transfers are faster, cheaper, and no external bridges or wrapped tokens are needed. Continue Reading: Usdc goes live for direct transfers across 23 blockchains The post Usdc goes live for direct transfers across 23 blockchains appeared first on COINTURK NEWS .
20 May 2026, 13:25
Analyst Warns Ethereum Could Drop to $1,350 After Breaking Key Support Level

BitcoinWorld Analyst Warns Ethereum Could Drop to $1,350 After Breaking Key Support Level A cryptocurrency analyst has identified a potentially significant downturn for Ethereum (ETH), warning that the asset could fall to $1,350 after breaching a critical support level. The analysis, shared by Pelin Ay on X, points to a confluence of bearish signals on the daily chart that suggest sellers are currently in control. Bearish Signals Emerge on Ethereum Daily Chart Ay’s technical assessment highlights a recent breakdown from a triangle pattern that had been forming on Ethereum’s daily chart. This pattern, often seen as a consolidation phase, resolved to the downside, breaking through a key support zone. According to the analyst, this move has shifted the market’s balance in favor of sellers, a conclusion supported by data from Binance’s long/short liquidation metrics. The bearish outlook is further reinforced by the positioning of key moving averages. With short-term moving averages now trading below their longer-term counterparts, the market is exhibiting a classic ‘death cross’ signal. This configuration indicates that upward momentum has weakened considerably, and any short-term price rebounds are likely to be met with fresh selling pressure. Key Price Levels to Watch The analyst has identified $2,140 as a crucial level for Ethereum to reclaim. This price point represents the lower boundary of the recently broken triangle pattern. If ETH fails to recover this level, the path of least resistance is lower. Should the bearish scenario play out, Ay suggests that Ethereum’s price could decline to as low as $1,350. This target represents a significant drop from current levels and would mark a new low for the asset in recent months. What This Means for Traders and Investors For traders, the breakdown signals a potential opportunity to short the market or to wait for a clearer re-entry point. For longer-term investors, the analysis serves as a reminder of the volatility inherent in the cryptocurrency market. The current technical setup does not preclude a recovery, but it does suggest that any upward movement will face strong resistance. The broader market context is also relevant. Ethereum’s price action is often correlated with Bitcoin and overall market sentiment. A sustained downturn in ETH could influence sentiment across the altcoin market. Conclusion Ethereum is facing a critical technical juncture. The breakdown from a triangle pattern, combined with bearish moving average signals and liquidation data, points to a heightened risk of further declines. The $2,140 level is now a key resistance to watch, while a failure to hold above it could lead to a test of the $1,350 support zone. As with all market analysis, these are probabilities, not certainties, and investors should conduct their own research before making any decisions. FAQs Q1: What is a triangle pattern in technical analysis? A triangle pattern is a consolidation formation that occurs when an asset’s price moves within a narrowing range, bounded by converging trendlines. A breakout or breakdown from this pattern often signals the direction of the next significant move. Q2: Why are moving averages important for this analysis? Moving averages smooth out price data to help identify trends. When short-term moving averages cross below long-term ones (a ‘death cross’), it is often interpreted as a bearish signal, indicating that recent momentum is weakening. Q3: Is a drop to $1,350 guaranteed? No. Technical analysis provides probabilities based on historical patterns and current data. While the analyst sees a strong case for a decline to $1,350, the market can always reverse due to unexpected news, changes in sentiment, or other factors. This is a potential scenario, not a definitive prediction. This post Analyst Warns Ethereum Could Drop to $1,350 After Breaking Key Support Level first appeared on BitcoinWorld .







































