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27 May 2026, 18:37

SEI crypto price rises ahead of June 1 SEIEVM migration: the key levels to watch

Sei’s native token, SEI, has gained momentum in the final days leading up to the network’s planned SEIEVM migration on June 1. The token has climbed more than 11% over the past 24 hours to trade near $0.069, while weekly gains have exceeded 13% as traders position themselves ahead of the upgrade. Trading activity has also picked up sharply, with daily volume surging above $168 million, reflecting increased interest from short-term traders and investors closely watching the ecosystem transition. SEIEVM migration The June 1 migration has become the central focus for SEI traders this week. The update is designed to strengthen Sei’s Ethereum Virtual Machine compatibility, allowing developers and users to interact more easily with Ethereum-based applications and liquidity. Crypto exchange Binance confirmed support for the migration two days ago, helping fuel renewed interest in the token. The transition is expected to improve interoperability across decentralized finance applications while making the network more accessible to Ethereum developers. At the same time, traders are also monitoring the upcoming “Giga” upgrade, which aims to significantly increase network throughput and reduce transaction finality times. The Sei team previously said the upgrade targets throughput above 200,000 transactions per second with finality below 400 milliseconds. Technical indicators show improving momentum Sei’s rally follows a difficult stretch for the token earlier this year. SEI touched a low of $0.0485 in March before rebounding more than 43% from those levels. The recovery has pushed the token near the upper end of its recent trading range between $0.0639 and $0.0727. Although SEI remains far below its all-time high of $1.14 reached in March 2024, recent price action suggests traders are beginning to price in expectations tied to the upcoming migration and broader network improvements. On the daily chart, SEI has reclaimed its 10-day, 20-day, and 50-day exponential moving averages, signaling strengthening short-term momentum. However, the token continues trading below the 100-day and 200-day EMAs, indicating the broader long-term trend has not fully turned bullish. Momentum indicators also remain supportive without showing signs of extreme overheating. The Relative Strength Index on the daily timeframe stands at 60.30, placing SEI in neutral-to-bullish territory rather than overbought conditions. Meanwhile, the weekly RSI remains near 35.8, signaling that SEI may still have room for additional recovery if buying pressure continues. SEI price analysis SEI crypto price forecast The first major resistance level sits near $0.0713. SEI would likely need a confirmed close above that level to maintain bullish momentum. A breakout there could open the door toward the next resistance zone around $0.07581. Beyond that area, traders will likely monitor the psychological $0.10 level, which has increasingly emerged as a medium-term upside target during the current recovery phase. On the downside, immediate support is forming around $0.06342. A break below that level could weaken short-term momentum and expose the token to another decline, particularly if broader crypto market conditions soften. The post SEI crypto price rises ahead of June 1 SEIEVM migration: the key levels to watch appeared first on Invezz

27 May 2026, 18:30

Major Bitcoin Players Drop Over A Billion In Sell-Offs While Euphoria Rocks Retail

The biggest names in Bitcoin ownership quietly moved billions of dollars worth of the asset in the most recent week. Bitcoin held its ground above $74,000 when BlackRock’s iShares Bitcoin Trust (IBIT) shed over a billion dollars in BTC through consecutive daily redemptions, and a Satoshi-era miner shifted $203 million to over-the-counter trading desks, showing that someone on the other side of these transactions was absorbing the pressure. BlackRock-Linked Bitcoin Wallets Shed Over $1 Billion With IBIT Outflows Arkham Intelligence data shows that BlackRock-linked Bitcoin wallets sold every trading day last week, with total sales reaching about $1.01 billion for the entire week. The tracked movements were tied to about 15,000 BTC sent through Coinbase Prime, a flow that appears connected to redemptions from BlackRock’s iShares Bitcoin Trust, IBIT. However, the selling did not stop there, as the outflows have continued into this week. On May 25, an additional $105.19 million in outflows was recorded from IBIT, while another $333.71 million was recorded in outflows on May 26, extending the pressure into the new week. The balance history data from Arkham shows IBIT’s holdings peaked above $75 billion in the first half of May, briefly touching near $75.5 billion around May 11. From that point, the fund’s balance declined in a near-uninterrupted slide, falling below $67 billion by May 26, a drop of about $8 billion from peak to trough over less than three weeks. According to data from SoSoValue, the 11 US pot Bitcoin ETFs logged net outflows of $1.26 billion across the five trading days from May 18 to May 22. The reversal is notable given that April recorded $1.97 billion in net inflows, the strongest monthly total of 2026, and an early-May streak. BlackRock Bitcoin Balance History. Source: Arkham Satoshi-Era Miner Moves $203 Million In Bitcoin The ETF outflows are not the only large-wallet activity catching attention. A Satoshi-era Bitcoin miner moved 2,650 BTC, worth around $203 million, to FalconX and Cumberland, two major OTC desks used by large holders and institutional counterparties. The transfers were split across three transactions, and the wallet still held about 6,000 BTC, worth about $460 million. OTC desks are used to reduce visible price impact, especially when a large holder wants to find private counterparties without dropping a block of coins directly on crypto exchanges. There’s also the case of these Satoshi-era coins moving from inactive supply to active supply. The strange part of this setup is that retail behavior has not fully matched the outflows coming from large wallets. Dip-buying language is loud across crypto social media, and Bitcoin’s ability to hold above $76,000 despite more than $1 billion in ETF-linked selling has helped keep the bullish crowd active. The question being asked by Arkham, “If BlackRock is selling… who’s buying?” captures the current divide. The supply is clearly moving, but there is still enough demand to keep Bitcoin from breaking down immediately below $76,000.

27 May 2026, 18:28

Price predictions 5/27: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ZEC, ADA, XMR

Bitcoin briefly lost the $75,000 level after net flows into spot BTC ETFs turned negative. Do technical charts point to a BTC and altcoin recovery?

27 May 2026, 18:26

Whale Shorts $16M in Bitcoin and Ether While Going Long on TradFi on Hyperliquid

Onchain data has flagged a smart money whale running heavily leveraged short positions on bitcoin and ether simultaneously with long positions on traditional financial (TradFi) market indexes through Hyperliquid. Long TradFi, Short Crypto: The Trade in Detail The wallet holds a $5.09 million long position on the XYZ100 index perpetual at 4x leverage, currently sitting

27 May 2026, 18:25

CNBC: Elon Musk in Early Discussions About Potential Tesla-SpaceX Merger

BitcoinWorld CNBC: Elon Musk in Early Discussions About Potential Tesla-SpaceX Merger Elon Musk is reportedly in early-stage discussions about merging Tesla and SpaceX, according to a CNBC report published Wednesday. If such a deal were to proceed, the combined entity would become the fifth-largest publicly traded company by Bitcoin holdings, with its collective BTC assets valued at approximately $3.3 billion. What the Report Says CNBC cited unnamed sources familiar with the matter, noting that the talks are preliminary and may not lead to a formal merger. The report did not specify a timeline or valuation structure for the potential combination of the two Musk-led companies. Neither Tesla nor SpaceX has publicly commented on the story as of press time. Both companies operate in distinct but occasionally overlapping sectors. Tesla is primarily an electric vehicle and clean energy company, while SpaceX focuses on aerospace, satellite communications, and space exploration. A merger would represent one of the most significant corporate consolidations involving Musk’s ventures. Bitcoin Holdings in Focus One of the more immediate financial implications of a merger involves the companies’ combined cryptocurrency exposure. According to publicly available data and the CNBC report: Tesla holds 11,509 BTC on its balance sheet SpaceX holds 18,712 BTC Combined total: 30,221 BTC Estimated value: Approximately $3.3 billion at current market prices This would position the merged entity behind only MicroStrategy, Block, Coinbase, and Marathon Digital in terms of corporate Bitcoin holdings among publicly traded companies. Why This Matters The discussions come at a time when Musk’s corporate empire is under increased scrutiny from regulators and investors. A Tesla-SpaceX merger would raise complex questions about corporate governance, valuation, and the blending of two very different business models. For Bitcoin markets, the consolidation of holdings under a single entity could influence perceptions of corporate cryptocurrency adoption. Investors in both companies may have mixed reactions. Tesla shareholders might question the logic of absorbing a privately held aerospace company with different risk profiles and capital requirements. SpaceX investors, including those from private funding rounds, would need to evaluate the terms of any stock-for-stock exchange. Regulatory and Structural Hurdles Any merger between Tesla, a publicly traded company, and SpaceX, which remains privately held, would require approval from Tesla’s board of directors and shareholders. Regulatory reviews from antitrust authorities and securities regulators would also be likely, given the size and influence of both companies. Additionally, SpaceX operates in heavily regulated sectors including defense and space launch, which could introduce national security considerations into the merger review process. Conclusion The reported discussions between Tesla and SpaceX remain at an early stage, with no guarantee of a finalized deal. The story highlights Musk’s unique position as CEO of both companies and the potential financial implications of further consolidating his business interests. For now, the market and regulatory landscape will determine whether this exploratory conversation evolves into a formal proposal. FAQs Q1: Has Tesla or SpaceX confirmed the merger discussions? No. Neither company has issued a public statement confirming or denying the CNBC report. The story is based on unnamed sources and should be treated as unconfirmed. Q2: How much Bitcoin does Tesla currently hold? As of the most recent public disclosures, Tesla holds approximately 11,509 BTC on its balance sheet. Q3: Would a Tesla-SpaceX merger require regulatory approval? Yes. A merger of this size would likely face review by antitrust regulators and potentially national security agencies, given SpaceX’s involvement in defense and space launch contracts. This post CNBC: Elon Musk in Early Discussions About Potential Tesla-SpaceX Merger first appeared on BitcoinWorld .

27 May 2026, 18:24

Bitcoin retreats $6,800 from May peak as selling surges

🚨 Bitcoin fell $6,800 from its $82,500 May peak. Selling increased as both US and Korean traders pulled back. 💡 Key point: If $75,400 does not hold, Bitcoin could slip to $70,500 in $BTC trading. Continue Reading: Bitcoin retreats $6,800 from May peak as selling surges The post Bitcoin retreats $6,800 from May peak as selling surges appeared first on COINTURK NEWS .