Invest ideasNews
23 May 2026, 11:30
Historical Performance Says Bitcoin Price Will Not Bottom Until It Touches This Level
Crypto analyst Chain Mind has indicated that the Bitcoin price has yet to bottom. He alluded to historical performance, which shows that BTC has never bottomed without touching the EMA 300. Bitcoin Price Unlikely To Bottom Before Touching This Level In an X post, Chain Mind indicated that the Bitcoin price is unlikely to bottom out without first touching the EMA300. He noted that BTC has never bottomed without touching this level, as it did in 2020 and 2022, when it tagged the weekly EMA300 right before the cycle low. Specifically, Bitcoin’s bottom came 10% below the EMA in 2020 and 15% in 2022. Related Reading: Bitcoin Is Repeating This Midterm Pattern That Sends Price Tumbling 15% On Average The analyst noted that in this cycle, the Bitcoin price bounced from $60,000 without ever reaching the EMA, suggesting the real bottom isn’t in. He added that if the pattern repeats, BTC must drop to around $58,000, marking the last bottom in this bear cycle. In another X post, the analyst indicated that BTC was mirroring the price action during the 2022 bear market. This came as he revealed that the Bitcoin price had just rejected the 200MA, a move that also occurred in 2022. He explained that this confirms the bearish macro structure after BTC tagged the 200D MA again at $82,000. As such, if the 2022 pattern repeats, the leading crypto must drop 40% to 60% from the rejection point. He added that this means that the real cycle bottom must be around the $50,000 to $55,000 range. Bitcoin is once again in a downtrend after failing to hold above the psychological $80,000 level. This comes amid bearish catalysts such as the US-Iran war, rising inflation, and bets of a Fed rate hike this year. BTC’s latest decline came after the SEC delayed its approval of tokenized stocks. The Plan Remains The Same For BTC Crypto analyst Kaleo declared that the plan remains the same for the Bitcoin price despite traders on Kalshi betting against a rally to $100,000 this year. He urged market participants to zoom out and be more bullish. As for what could happen, he predicts a retest in the lower $70,000 range, then a rebound to between $80,000 and $90,000, and a range there for the summer. Related Reading: If You’re Looking To Bitcoin Above $90,000, This Analyst Says To Watch This Bearish OB Level Once that happens, the analyst predicts that the Bitcoin price will then rally above $100,000 and reach a new all-time high (ATH) in the fall and winter. Notably, the CLARITY Act could pass between now and then, which could spark a massive rally for the leading crypto. At the time of writing, the Bitcoin price is trading at around $75,400, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
23 May 2026, 11:18
ECB Blocks Euro Stablecoin Push, China Stocks Stagnant as Retail Rotates to Bitcoin
Crypto News The European Central Bank pushed back against a proposal at an informal EU finance ministers meeting in Nicosia, Cyprus, urging restraint on plans to widen euro-denominated stablecoin i...
23 May 2026, 11:05
Trump’s Latest Fintech Push Could Open an Unseen Door for Ripple & XRP at the Federal Reserve
Trump’s Fintech Order Reopens the Fed Access Debate, Putting Ripple Back in Focus President Donald Trump’s recent fintech executive has reopened a long-standing policy debate: who should have direct access to America’s core financial infrastructure? As highlighted by RippleXity, the heart of the order is a review of the rules governing access to Federal Reserve payment systems such as Fedwire and FedNow. Today, those rails are largely limited to federally insured banks, meaning fintech and crypto firms must rely on partner banks to move money through the system indirectly. The order does not remove those restrictions. Instead, it instructs regulators, including the Federal Reserve, to reassess whether frameworks built for a traditional banking era still make sense in a financial system now defined by real-time payments, digital assets, and cross-border settlement demands. More importantly, this shift in tone is particularly relevant for companies like Ripple. Delving Deeper into Ripple’s Fed Ambitions Ripple has long focused on blockchain-based infrastructure for cross-border payments and settlement. In 2025, one of its regulated entities applied for a Federal Reserve Master Account, which if approved would allow direct access to central bank payment rails without relying on intermediary banks. The application remains under review, with no indication of approval. Furthermore, Ripple has continued to feature in broader policy discussions around whether U.S. payment infrastructure is ready for modern financial technologies, including during congressional scrutiny of the Federal Reserve’s operational readiness. Why does the current development matter? Well, there is more than meets the eye since Trump’s order does not single out any company, but it does force regulators to formally revisit long-standing boundaries between banks and non-bank financial innovators, boundaries that have remained largely unchanged for decades. In this context, Ripple is often discussed as part of a wider infrastructure conversation. Direct access to Federal Reserve systems could, in theory, reduce settlement friction and improve efficiency in cross-border payments with XRP consequently serving as a potential liquidity bridge asset. Moreover, growing momentum around broader crypto legislation, including how the proposed CLARITY Act could be an ideal XRP stepping stone has added to industry expectations that regulatory definitions are gradually evolving. Ultimately, the significance of the current moment is not that the system is changing, but that it is being re-examined. Whether this leads to expanded access for non-bank players like Ripple and its native token XRP, or simply reinforces existing boundaries, will depend on how regulators balance innovation with financial stability in the years ahead.
23 May 2026, 10:03
XRP price prediction as whale activity plunges 60% in 9 days
As XRP faces mounting bearish pressure, the asset appears to be entering a consolidation phase following a sharp decline in whale activity across the network. On-chain data from Santiment , shared by cryptocurrency analyst Ali Martinez on May 23, shows that XRP transactions worth more than $1 million dropped from 157 nine days ago to just 67, marking a decline of 57%. XRP whale activity chart. Source: Santiment The slowdown in high-value transfers comes as XRP trades around $1.30 after a volatile period for the broader cryptocurrency market. Notably, the decline in whale activity suggests major investors may be stepping back, potentially allowing the current trading range to stabilize. Historically, falling large transaction volumes have often coincided with lower volatility and tighter consolidation as markets await a fresh catalyst. Reduced whale participation may indicate institutional traders are waiting for clearer macroeconomic signals, regulatory developments, or stronger crypto market momentum before taking larger positions. XRP network activity streaks Interestingly, the drop in whale activity contrasts with another Santiment dataset showing XRP recorded one of its strongest network growth streaks of 2026 as of May 21. According to the data , the XRP Ledger added about 4,300 new wallets on May 20, marking the fourth-largest daily increase in wallet creation this year. Daily active addresses also climbed to some of their highest levels in recent months, signaling renewed user engagement despite market weakness. Santiment’s data also showed a rebound in network growth after a slowdown earlier in May. Analysts often view rising wallet creation and active address metrics as signs of improving adoption and stronger blockchain participation, especially during periods of price consolidation. 📈 $XRP has had 4,300 new wallets created in 24 hours, the 4th largest spike of 2026. Network growth is among the top leading signals to identify reversals. 🔗 Check out XRP’s network growth and level of address activity any time with this handy chart: https://t.co/8jwj1uvJta pic.twitter.com/Fbo1WRKEN8 — Santiment Intelligence (@SantimentData) May 21, 2026 XRP price analysis By press time, XRP was trading at $1.31, down more than 3% in the past 24 hours and over 6% on the weekly chart. XRP seven-day price chart. Source: Finbold XRP remains bearish, trading below its 50-day SMA of $1.40 and 200-day SMA of $1.70, signaling weak short- and long-term momentum. Meanwhile, the 14-day RSI at 43.45 indicates neutral sentiment but suggests fading buying pressure, leaving the asset vulnerable to further downside unless momentum improves. Despite the decline, the token has managed to hold above the key $1.30 support level, helping limit the risk of a sharper short-term correction. XRP is expected to remain range-bound between $1.20 and $1.40 unless whale activity rebounds. A break above $1.40 could pave the way for a move toward $1.50 if broader market sentiment improves. However, continued weakness in whale participation and trading volume could push XRP back toward the $1.10-$1.20 support zone. The post XRP price prediction as whale activity plunges 60% in 9 days appeared first on Finbold .
23 May 2026, 05:34
5 Reasons Bitcoin Dumped to $75K – And Why More Pain May Follow
Bitcoin traded above $82,000 during the previous business week, but it was violently rejected and dropped by over seven grand in the following days to a monthly low of $75,000 marked during the night. Here are some of the possible reasons behind this correction. Trump Media, Cuban Sell Off CryptoPotato reported yesterday that one of the wallets linked to the Trump-family-operated Trump Media Group had sent over $200 million worth of the cryptocurrency to exchanges, with the likely intention to sell. They did something similar four months ago and are deep in the red on their BTC position, which was accumulated at prices near the all-time high. More sell-off uncertainty came after billionaire investor Mark Cuban said he had disposed of most of his BTC stash after he lost confidence in its role as a hedge against weakening fiat currencies and geopolitical instability. He believes bitcoin’s behavior during the recent war in Iran questioned one of the core reasons he owned the asset. Separately, Ali Martinez noted that other BTC investors have been sending units en masse to exchanges. Data he obtained from Santiment reads that roughly $745 million worth of bitcoin was transferred to trading platforms in just five days. Similar developments typically increase the immediate selling pressure since most investors transfer funds to exchanges only to sell. 9,664 Bitcoin $BTC , worth over $744 million, have been sent to exchanges over the last five days. pic.twitter.com/FxmMTC3QJi — Ali Charts (@alicharts) May 22, 2026 Warsh and War Yesterday’s bitcoin decline came just a few hours after Kevin Warsh was sworn in as the next Chairman of the Federal Reserve. Analysts who weighed in on his upcoming four-year role, though, noted that the actual concern for bitcoin and crypto would come from his policy on the Fed’s balance sheet. He previously said the balance sheet is too large and hinted at quantitative tightening, which has historically harmed risk-on assets like crypto. Lastly, reports emerged late last night that the US President has doubled down on his plans for a “fresh round” of military strikes against Iran as both sides have failed to reach a permanent deal. Moreover, CBS said the President and some members of the US military and intelligence community had canceled plans for the Memorial Day weekend in anticipation of possible attacks. The war has previously impacted BTC’s price, and the threat of it resuming is unlikely to cause any positive changes. As such, all the aforementioned reasons could result in even more price troubles for bitcoin, especially if the ceasefire ends and the attacks resume. The post 5 Reasons Bitcoin Dumped to $75K – And Why More Pain May Follow appeared first on CryptoPotato .
23 May 2026, 05:18
Overleveraged Bitcoin bulls get crushed in $576M wipeout
Crypto bulls saw more than half a billion dollars wiped out in liquidations after the crypto market printed red indexes all around. The cumulative digital assets market cap dipped by more than 2% over the last 24 hours to hover around $2.53 trillion. Bitcoin saw $55 billion leave its market cap amid the fresh sell-off. BTC price dropped by 3% while Ether slid by 4%. This comes in when the US Securities and Exchange Commission (SEC) delayed its planned exemption framework linked to tokenized crypto stock trading. However, Kevin Warsh also got sworn in as the new chairman of the Federal Reserve. BTC pullback wipes out bulls According to CoinGlass data, more than 124,000 traders were liquidated over the past 24 hours. The total liquidations went on to hit $574.28 million. The single largest liquidation reportedly occurred on Bitget through the BTCUSDT perpetual pair. That one order was valued at around $32.4 million. Around 90% of those liquidated positions (approx $524 million) were bullish longs. This suggests that traders were expecting the crypto market to keep recovering, but it went the other way. Crypto liquidation on exchanges over the last 24 hours; Source: Coinglass Bitcoin price fell straight to the $75,000 level, triggering the liquidation of $214 million alone. Data shows that $209 million worth of liquidated bets (97%) turned out to be long positions. BTC has been dealing with mixed sentiments lately. Its price has dropped by 3% in the last 30 days, but it has still remained up by almost 7% over the past 60 days. The broader crypto market also weakened alongside Bitcoin. Ethereum, Solana, and XRP all declined more sharply as traders reduced risk exposure ahead of the weekend. The move comes during an increasingly fragile macro backdrop. Cryptopolitan reported that Kevin Warsh was officially sworn in as the new chairman of the Federal Reserve. He was appointed by US President Donald Trump. However, Jerome Powell will reportedly remain at the Fed as a governor. During the swearing-in ceremony, Warsh said he would lead a “reform-oriented Federal Reserve” while learning from both past successes and failures. BTC traders face $2B liquidation risk Markets are also reacting to escalating tensions involving Iran. Reports suggest Trump is preparing for potential new military strikes against Iran. This comes after he canceled Memorial Day weekend plans. Multiple US military and intelligence officials reportedly also canceled travel plans and were placed on standby. This has fueled concerns that another geopolitical escalation could hit global markets. Bitcoin continues hovering inside a highly leveraged trading zone. Analysts suggest that it could trigger even larger forced liquidations. CoinGlass liquidation heat maps show that if Bitcoin falls below roughly $73,786, then it can trigger more than $1.29 billion in leveraged long positions of liquidation. It added that a breakout above roughly $80,995 would activate around $1.22 billion in bearish short positions. Derivatives analysts describe this setup as a liquidation “minefield”. This is where relatively small price moves can rapidly trigger cascading liquidations on either side of the market. It is being warned that Bitcoin breaking below $70,346 would place more than $2 billion in bullish positions at risk. The smartest crypto minds already read our newsletter. Want in? Join them .
