Invest ideasNews
16 May 2026, 19:00
Analyst Says Don’t Buy Bitcoin Until This Happens
Crypto analyst Gargoyle has advised market participants not to buy Bitcoin until it sees high volume, which could mark the bottom. This comes amid BTC’s recent drop below the psychological $80,000 level, with the leading crypto at risk of another decline. Analyst Advises Against Buying Bitcoin Until Bottom Is Confirmed In an X post, Gargoyle advised against buying Bitcoin until the bottom is confirmed. He indicated that the BTC bottom forms when there is massive volume and that this massive volume hasn’t happened yet. The analyst alluded to the 2022/2023 cycle, when the capitulation spike marked the bottom for BTC. Related Reading: Bitcoin Short-Term Holder Basis Remains High Within Biggest Supply Cluster However, at the moment, this capitulation spike hasn’t occurred with Bitcoin’s volume still moderate, suggesting that market participants aren’t truly panicking yet despite the downtrend. Gargoyle further noted that the hardest flush always comes after retail thinks it is over for BTC, which then leads to a spike in volume as investors capitulate. The analyst’s accompanying chart showed that Bitcoin could still drop to around $45,000 before it bottoms, while this could happen between now and the start of next year. Once that happens, BTC could then see a reversal as it targets a new all-time high (ATH). Notably, BTC had rallied over the past week to as high as $83,000, providing optimism that the bear market may be over. However, Bitcoin has since dropped below $80,000, raising concerns that the bear market may still be in force, as some analysts, such as Doctor Profit, had warned. The analyst had also mentioned before that BTC will likely bottom between September and October later this year based on its historical cycle patterns. BTC Bound To Decline If Stock Market Crashes Crypto analyst Colin warned that the current stock market pump is the only thing keeping Bitcoin afloat. He further noted that, in the short term, the S&P 500 appears bullish following the recent megaphone breakout. However, in the longer term, the economic backdrop doesn’t look good for these stocks and, by extension, for BTC. Related Reading: Analyst Says Avoid Bitcoin At All Costs; Here’s What To Do Instead As 50% Crash Looms Colin alluded to the CPI and PPI, which are both running hot, with inflation rising due to the U.S.-Iran war. The analyst stated that this is not a favorable environment for a Bitcoin “super cycle,” as some bulls are claiming. It is worth noting that the market is also beginning to price in a rate hike this year, which is bearish for the leading crypto. As such, with the macro environment not looking good, Colin suggested that BTC will crash if the stock market sees any significant drop in the future. At the time of writing, the Bitcoin price is trading at around $79,000, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
16 May 2026, 17:32
Bitcoin Slips Below $78K as CLARITY Act Rally Fades, Sparking $649M Wipeout
Bitcoin fell below $78K as CLARITY Act optimism collided with a sudden risk-off crypto selloff. Long traders absorbed $620.62M in losses as 95% of 24-hour crypto liquidations hit longs. BTC led $215.92M liquidations as inflation, oil, and Treasury yields pressured risk assets. Bitcoin’s sharp Thursday evening rally quickly turned into one of the market’s most painful reversals this month. The asset dropped by more than $4,000 after briefly climbing toward $82K. The move pushed Bitcoin below $78K, its lowest level since the start of the month. The selloff came as regulatory optimism from the CLARITY Act collided with inflation fears, rising yields, and heavy leverage. Bitcoin Loses Momentum After CLARITY Act Boost Bitcoin had already struggled to hold higher levels before the latest drop. The cryptocurrency jumped close to $83K on May 7, but sellers pushed… Read The Full Article Bitcoin Slips Below $78K as CLARITY Act Rally Fades, Sparking $649M Wipeout On Coin Edition .
16 May 2026, 16:00
Why crypto’s recent $415 mln sell-off is starting to look like a macro warning sign
Rising Treasury yields trigger a cross-market risk reset, raising questions about whether crypto’s pullback signals deeper macro stress.
16 May 2026, 14:01
Bitcoin Price Sinks Below $78,000; How Far Can BTC Fall as U.S. 10-Year Treasury Yield Hits 4.58%?
Bitcoin price has fallen below $78,000 as macro pressure returned to global markets, erasing the short-lived rally that followed progress on the U.S. CLARITY Act earlier in the week. At press time, the BTC price was trading near $77,984, down about 3.59% over the past 24 hours. The decline came after Bitcoin briefly moved above $82,000 when the U.S. Senate Banking Committee advanced the Digital Asset Market Clarity Act in a 15-9 bipartisan vote. That regulatory boost faded as investors reacted to rising U.S. bond yields and fresh concerns that the Federal Reserve may keep policy tighter for longer. The U.S. 10-year Treasury yield climbed to about 4.58%, making fixed-income assets more attractive compared with risk assets such as crypto. Source: X Consequently, the market pricing now shows rising concern of up to 60% that the Federal Reserve’s next move could be an interest rate hike rather than a cut. Persistent inflation has kept pressure on Bitcoin, technology stocks, and other assets sensitive to liquidity conditions. CLARITY Act Rally Fades Quickly Bitcoin’s earlier move above $82,000 came after the Senate Banking Committee advanced the CLARITY Act, a digital asset market structure bill aimed at creating clearer rules for crypto markets in the United States. The bill is designed to separate digital asset securities from commodities and give federal regulators clearer authority. For Bitcoin, traders viewed the vote as supportive because BTC is widely treated as a digital commodity. However, the committee vote did not remove broader market pressure. The bill still needs full Senate approval and further coordination with House legislation before it can become law. The rally above $82,000 lasted only briefly. Sellers returned near resistance, and Bitcoin moved back below $80,000 before sliding toward the $78,000 region. Analysts said the failure to hold the $82,000 area showed that regulatory optimism alone was not enough to overcome macro pressure, ETF outflows and selling from short-term holders. BTC ETF Outflows and Miner Sales Add Pressure Spot Bitcoin exchange-traded funds in the United States recorded total net outflows of $290 million on May 15, according to SoSoValue data cited in market reports. None of the 12 spot Bitcoin ETFs recorded net inflows that day. U.S. spot Ethereum ETFs also posted total net outflows of $65.65 million, marking the fifth straight day of withdrawals. The outflows added to caution across the digital asset market. Bitcoin miners have also been selling. CryptoQuant data cited by analyst Ali Martinez showed that miners reduced their holdings by about 800 BTC in recent days, worth roughly $64 million at current prices. Miner selling can add supply to the market during weak periods. If demand from ETFs and spot buyers remains soft, additional miner sales may make it harder for BTC to recover quickly. Some analysts have warned that Bitcoin’s recent move above $82,000 may have been a bull trap. Merlijn The Trader said the rejection could open the way for a deeper correction toward $63,000 if sellers keep control. Bitcoin Price Must Reclaim $80,000, Here’s Why Technically, the Bitcoin price has lost the rising trendline that supported its move from early April. On the four-hour chart, BTC is now trading below the breakdown area, with the $79,500 to $80,000 zone acting as the first resistance to reclaim. A clean four-hour close above $80,000 would reduce short-term selling pressure and could allow Bitcoin to retest the $82,000 to $83,000 resistance range. That zone remains important because BTC has failed several times to break above it with strength. If Bitcoin stays below $80,000, the structure favors choppy trading or another move lower. Current support sits near $77,500 to $78,000. Source: X A break below $77,500 could bring the $74,000 to $74,500 demand area into view. Below that, traders are watching deeper support near $67,500 to $68,000 and then $65,500. Crypto analyst Scient said the four-hour uptrend has been lost and price has moved back inside the prior range. The analyst said longs are more attractive near $74,500 unless Bitcoin reclaims $80,000 with volume and strength.
16 May 2026, 12:32
Russia lawmakers push to legalize P2P trade, expand digital asset net to TRX and SOL
Russian authorities may permit the quite popular peer-to-peer trading of cryptocurrencies under the country’s upcoming rules for digital-asset transactions. This is one of several proposals aimed at liberalizing the restrictive draft law currently under review, which also includes expanding the list of greenlighted coins. Russian lawmakers push for liberal crypto regulation Legalizing peer-to-peer (P2P) crypto deals Expanding the list of cryptocurrencies approved for trading Raising the investment limit for ordinary Russians These are the key amendments recently suggested in the State Duma, which is still considering the country’s new law “On Digital Currency and Digital Rights.” The full set of proposed changes has been sent to the Ministry of Finance by the Financial Markets Committee at the lower house of the parliament in Moscow. They were presented by Dmitry Novikov, member of the right-wing nationalist Liberal Democratic Party of Russia (LDPR), the Interfax news agency reported Friday, citing a knowledgeable source. The move comes ahead of the second reading of the bill designed to comprehensively regulate operations with crypto assets in the Russian Federation. The legislation, which overcame its first parliamentary hurdle last month, must be adopted and enforced by July 1, 2026, at the latest. Based on a regulatory concept announced by Russia’s conservative central bank in December, it has attracted criticism for being overly restrictive. Russians may be allowed to swap crypto for cash According to the provisions passed in April, Russian residents will be able to legally purchase cryptocurrencies exclusively through licensed intermediaries. These include exchanges, brokers, and trustees registered with and authorized by the Central Bank of Russia ( CBR ) as providers of crypto-related services. One of the amendments now submitted to the Finance Ministry envisages allowing the trading of digital currency for fiat cash between private citizens. The main motive of its sponsor is: “The current version prohibits payment for goods and services with cryptocurrency, but does not regulate the direct P2P exchange of cryptocurrency for cash between individuals. The amendment legalizes such trades as an exception to the general prohibition.” What’s more, the bulk of cryptocurrency purchases currently made by Russian citizens occur through P2P transactions, highlighted Novikov, also quoted by the crypto news outlet Bits.media. According to an estimate announced by Deputy Minister of Finance Ivan Chebeskov in February, the daily volume of Russian crypto transactions is around 50 billion rubles (over $685 million). The lawmaker also proposes to allow the withdrawal of digital assets to self-custody wallets, which is not permitted by the current version of the legislation. He argued: “Without the ability to withdraw to non-custodial wallets, the owner’s right to dispose of their property is effectively limited.” More cryptocurrencies to be approved for trading The Russian deputy further suggests providing separate definitions for cryptocurrencies and stablecoins, as the collective “digital currency” does not reflect the specifics of each category. Then, he also calls for expanding the list of cryptocurrencies admitted to the regulated Russian market for purely practical reasons. The current strict criteria limit the assets that can be circulated to only a few major coins of the caliber of Bitcoin (BTC) and Ethereum (ETH). These are the ones with a market cap exceeding 5 trillion rubles (over $60 billion) for the past two years, daily trading volume averaging over 1 trillion rubles (approx. $12 billion) and trading history of at least five years. Russia’s whitelist should include TRON (TRX) and Solana (SOL), for example, to allow those who buy or transfer stablecoins to be able to pay the fees on the respective network in its native token. While the regulatory framework expands access to crypto assets by including non-qualified investors, it limits their purchases to no more than 300,000 rubles a year (around $4,000). Dmitry Novikov and his colleagues want the threshold raised to 600,000 rubles per month, a significant increase to an annual 7.2 million rubles, or almost $99,000 at the current exchange rate. Their proposals come after Russian bankers pitched their own ideas on how to liberalize the digital currency law, as reported by Cryptopolitan last month, urging similar changes. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
16 May 2026, 11:11
Crypto market wipes out over $100 billion within hours
The cryptocurrency market has lost more than $100 billion in value over the past 24 hours as investor sentiment weakened, invalidating the recent bullish run led by Bitcoin ( BTC ). At press time, the total crypto market capitalization stood at approximately $2.6 trillion, down from $2.7 trillion a day earlier, representing a decline of roughly $100 billion within hours. Crypto market 30-day price chart. Source: CoinMarketCap The sell-off spread across major digital assets, with Bitcoin falling 3.24% to trade around $77,878 after briefly ranging between $77,860 and $80,733 over the last 24 hours. Ethereum ( ETH ) also recorded sharp losses, declining 3.76% to about $2,170. Among the biggest declines in the large-cap market, Solana dropped 5.97% to $85.75, making it one of the worst-performing major cryptocurrencies during the session. BNB fell 4.78% to $651.88, while XRP declined 4.65% to $1.40. Top cryptocurrencies’ performance. Source: Finbold Why crypto market is down The latest downturn comes amid growing geopolitical tensions tied to the ongoing US-Iran conflict. Recent reports indicate that President Donald Trump’s rejection of Iran’s peace proposal and stalled ceasefire talks have intensified uncertainty across global markets. The tensions have pushed oil prices sharply higher, with energy costs reportedly rising 17.9% in April CPI data amid supply disruption fears tied to the Strait of Hormuz. The uncertainty has driven investors toward safer assets and away from riskier markets like cryptocurrencies, with a recent 1.6% crypto market decline also linked to the geopolitical headlines. Macroeconomic pressures also weighed on the market after hotter-than-expected US inflation data reduced expectations for near-term Federal Reserve rate cuts. April CPI reportedly rose 3.8% year-over-year, while producer price data remained elevated, strengthening the US dollar and Treasury yields while pressuring risk assets like Bitcoin, which briefly fell below $80,000. Broader weakness across equities and technology stocks, alongside rising oil prices and leveraged liquidations, further dampened sentiment. Meanwhile, the market weakness also followed a recent shift in exchange-traded fund flows. For instance, US spot Bitcoin ETFs recorded $1 billion in net outflows during the week ending May 15, marking their largest weekly redemption since late January. The outflows also snapped the longest inflow streak for the funds since July 2025. The six-week run attracted roughly $3.4 billion in inflows, averaging about $568 million per week and helping fuel the crypto market’s spring recovery. April alone saw $1.97 billion in inflows, the strongest monthly total of 2026. The post Crypto market wipes out over $100 billion within hours appeared first on Finbold .
