News
8 May 2026, 07:00
Coinbase Suffers Outage Due to AWS Disruption

Some Coinbase users have been unable to transact on the platform, with others facing slower services after AWS overheating disrupted its services. While Coinbase has assured customers their funds are safe, many of them were still dealing with failed access and transaction delays at the time of this writing. Here’s What Happened According to the Coinbase status page, the issue was first noticed at around 18:06 PDT on May 7, with the platform stating that it was aware some of its customers couldn’t transact on the exchange. It also confirmed that the team was investigating the issue and would provide more updates as they became available. A few minutes later, Coinbase reported that it had identified the cause of the degraded performance, and it was due to an AWS outage, further reassuring users that their funds were safe. It then indicated that it had started the process to “re-enable trading” on its markets, but that until trading was restored, all markets would be in “Cancel Only” mode. The crypto firm had earlier noted issues affecting Solana sends and receives, as well as delays for ALEO transactions, right before everyone else was affected. Some Context Behind the Outage As some users noted on social media, the outage has come right after Coinbase announced it was cutting its global workforce by 14%, citing both crypto market volatility and the growing role of AI in its operations. According to CEO Brian Armstrong, AI is allowing smaller teams to accomplish what required far more people in the past. Coinbase’s reliance on third-party cloud infrastructure like AWS is not unusual for crypto exchanges of its size, but outages of this length often draw attention to the risks that come with dependency. The post Coinbase Suffers Outage Due to AWS Disruption appeared first on CryptoPotato .
8 May 2026, 07:00
Is a Cardano market bottom finally forming on the price charts?

Bitcoin's bear market has not ended, but what does that mean for Cardano?
8 May 2026, 06:55
Bitcoin Reclaims Short-Term Holder Cost Basis—What It Means

On-chain data shows the Bitcoin short-term holders are back in the green as the asset’s spot price has broken past the cohort’s Realized Price with the latest rally. Bitcoin Is Back Above The Short-Term Holder Realized Price According to data from BitcoinMagazinePro, the Bitcoin spot price has surpassed the short-term holder Realized Price. The “Realized Price” here refers to an on-chain indicator that keeps track of the cost basis of the average investor on the BTC network. Related Reading: XRP Nears Triangle Apex—Will A Breakout To $1.80 Follow? When the value of the cryptocurrency is above this metric, it means that the holders as a whole are in a state of net unrealized gain. On the other hand, the asset being below the indicator suggests the dominance of loss in the market. In the context of the current topic, the Realized Price of the entire userbase isn’t of interest, but rather that of a specific portion of it: the short-term holders (STHs). This cohort includes the BTC investors who purchased their coins within the past 155 days. Statistically, the longer an investor holds onto their coins, the less likely they become to sell them in the future. Since the STHs have a relatively low holding time, the group is generally considered to represent the weak-minded side of the sector. Below is a chart that shows the trend in the Bitcoin STH Realized Price over the last couple of years. As is visible in the graph, the Bitcoin spot price fell under the STH Realized Price during the price crash earlier in the year. This means that the recent buyers went into a state of net loss. The loss status maintained for this cohort during the next three months, with the indicator acting as a resistance barrier for the cryptocurrency. The line acting as resistance suggests that the STHs were selling at or near their break-even level, fearing that the surge back to their cost basis is only temporary. The metric also provided impedance to BTC during the rally at the end of April, but the trend has finally shifted in May. With the latest price surge, the coin has finally broken back above the line, sending the STHs into the green. Related Reading: Solana Sees Rising Social Hype, Yet Network Activity Is Falling In the past, Bitcoin being higher than this metric has usually corresponded to bullish phases. It only remains to be seen, however, whether BTC can maintain above the line, which is currently situated at $79,000. Clearly, the cryptocurrency hasn’t gained enough of a distance to the level yet. BTC Price Bitcoin approached the $83,000 mark on Wednesday, but the asset has since dropped to the $80,100 level. Featured image from Dall-E, chart from TradingView.com
8 May 2026, 06:35
Bitcoin Perpetual Futures Long/Short Ratios Signal Bearish Bias on Major Exchanges

BitcoinWorld Bitcoin Perpetual Futures Long/Short Ratios Signal Bearish Bias on Major Exchanges Bitcoin perpetual futures markets are currently reflecting a bearish lean among traders on the world’s three largest crypto futures exchanges by open interest. According to the latest 24-hour data, the aggregate long/short ratio across Binance, OKX, and Bybit sits nearly balanced at 50.03% long versus 49.97% short, but individual exchange data reveals a consistent tilt toward short positions. Exchange-by-Exchange Breakdown Binance, the largest exchange by trading volume, reports a long/short ratio of 47.93% long against 52.07% short. OKX shows a similar pattern at 47.57% long versus 52.43% short. Bybit, which holds significant open interest in perpetual swaps, records the most bearish positioning at 47.3% long compared to 52.7% short. These figures represent the proportion of open positions in BTC perpetual futures contracts — not the number of individual traders — and provide a snapshot of current market sentiment among futures participants. Context and Market Implications Perpetual futures, also known as perpetual swaps, are a popular derivative product that tracks the spot price of Bitcoin without an expiration date. The long/short ratio is a widely watched metric for gauging trader bias. A ratio below 50% long suggests that more open interest is concentrated in short positions, often interpreted as bearish sentiment. However, it is important to note that the long/short ratio alone does not predict price direction. Elevated short interest can sometimes precede a short squeeze, where a sudden price increase forces short sellers to cover their positions, amplifying upward momentum. Conversely, a heavily skewed long ratio may signal overcrowding and potential downside risk. Why This Matters for Traders For market participants, the current data indicates a cautious or bearish outlook among futures traders on these exchanges. This contrasts with periods of extreme bullishness when long ratios often exceed 55-60%. The near-equal aggregate ratio also suggests indecision in the broader market, with no clear directional conviction from leveraged traders. These metrics are most useful when combined with other indicators such as funding rates, open interest trends, and spot market volume. For instance, if funding rates remain negative alongside a bearish long/short ratio, it could indicate sustained short positioning without aggressive buying pressure. Conclusion The current BTC perpetual futures long/short ratios on Binance, OKX, and Bybit point to a mildly bearish sentiment among leveraged traders. While the aggregate figures are nearly balanced, each exchange shows a consistent short bias. Traders should monitor these ratios alongside funding rates and broader market conditions to assess potential shifts in sentiment or the risk of a short squeeze. FAQs Q1: What is the BTC perpetual futures long/short ratio? The long/short ratio measures the proportion of open long positions versus open short positions in Bitcoin perpetual futures contracts. It is expressed as a percentage and indicates trader sentiment. Q2: Does a low long ratio mean Bitcoin price will fall? Not necessarily. A low long ratio (below 50%) suggests bearish sentiment, but it can also precede a short squeeze. The ratio is one of many indicators and should be used alongside other data like funding rates and volume. Q3: Why do Binance, OKX, and Bybit show similar ratios? These three exchanges dominate the crypto futures market by open interest. Similar ratios across them suggest a broad consensus among leveraged traders, rather than exchange-specific anomalies. This post Bitcoin Perpetual Futures Long/Short Ratios Signal Bearish Bias on Major Exchanges first appeared on BitcoinWorld .
8 May 2026, 06:30
Bitcoin falls below $80K but market structure still shows resilience

Bitcoin has fallen below $80,000 after a failed breakout above key resistance triggered caution among traders. According to TradingView data, Bitcoin slipped toward $79,800 on Thursday after being rejected near $82,800 , with lower timeframe charts showing weakening momentum as the rally lost strength below the 200-day moving average and exponential moving average cluster. Technical indicators on the one-hour and four-hour charts formed bearish divergences during the latest advance. Analysts said the pattern emerged as Bitcoin printed higher local highs while the relative strength index weakened, signaling that buying pressure was fading near resistance. Well-followed Crypto trader Jelle noted that the 200-day MA and EMA cluster remained the key barrier preventing further upside, while identifying $78,000 as the first major support zone bulls are trying to defend. Bitcoin price chart. Source: Crypto trader Jelle on X. Jelle added that a successful retest of the moving average cluster could still support another attempt toward higher price levels. Geopolitical concerns also weighed on sentiment after uncertainty resurfaced around negotiations tied to reopening the Strait of Hormuz. Reports that Iranian officials rejected parts of a US proposal added pressure across risk assets as traders reassessed the outlook for energy markets and global trade stability. Meanwhile, profit-taking also intensified after Bitcoin rallied roughly 37% from its April lows. On-chain data showed realized profits climbed to their highest level since December 2025 earlier this week as traders reduced exposure near the $81,000 to $82,000 region. Against this backdrop, crypto exchange Coinbase added to concerns surrounding market participation after reporting its second consecutive quarterly loss on May 7. The exchange said trading activity weakened during 2026 because of fading momentum and tighter financial conditions, reinforcing concerns that spot demand has slowed at higher price levels. Nevertheless, there are still signs of underlying demand strength that could help support Bitcoin’s price action in the coming sessions. ETF inflows and exchange outflows continue supporting Bitcoin Despite the latest pullback, institutional demand has remained firm through spot Bitcoin exchange-traded funds. Weekly net inflows crossed $1.05 billion, the strongest intake since January, signaling that large investors continued accumulating during the correction. Swissblock data showed the Bitcoin Risk Index resetting near zero while ETF net flows turned positive again at roughly 3,000 BTC. The firm said previous resets into low-risk conditions often aligned with renewed accumulation near major support areas. “ETF demand is absorbing selling pressure. This remains a flow-driven breakout,” Swissblock wrote. Supply across major exchanges has also continued tightening. The trend was highlighted by Crypto Quant analyst Amr Taha, who pointed out that Binance, OKX, and Gemini had collectively recorded nearly 100,000 BTC in reserve outflows since February. Bitcoin Multi Exchange Reserve. Source: Crypto Quant . Binance reserves declined to nearly 620,000 BTC from around 670,000 BTC in February, while OKX balances dropped from roughly 132,000 BTC to 102,000 BTC. Gemini reserves also fell below 95,000 BTC after holding near 115,000 BTC earlier this year. “The key signal is the synchronized decline. Bitcoin may be entering a tighter supply environment, where renewed demand could have a stronger price impact because fewer coins appear to be sitting on exchanges,” the analyst wrote. In the meantime, long-term holders were also seen increasing their exposure during Bitcoin’s recovery phase. CryptoQuant data showed holdings tied to accumulator addresses climbed to 264,000 BTC on May 6 from 164,440 BTC on April 23, coinciding with Bitcoin’s rebound toward $82,800. As such, Bitcoin could be positioning itself for a supply-shock rally if this demand-supply imbalance continues to strengthen. The post Bitcoin falls below $80K but market structure still shows resilience appeared first on Invezz
8 May 2026, 06:28
Dogecoin (DOGE) Back Under Pressure, Rebound Chances Face Big Test

Dogecoin started a fresh decline below the $0.1120 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1085 and $0.1115. DOGE price started a fresh decline below the $0.110 level. The price is trading below the $0.110 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1085 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1085 and $0.1115. Dogecoin Price Dips Again Dogecoin price started a fresh decline after it closed below $0.1120, like Bitcoin and Ethereum . DOGE declined below the $0.110 and $0.1080 support levels. The price even dipped toward the $0.1050 level. A low was formed near $0.1058, and the price is now showing bearish signs well below the 23.6% Fib retracement level of the downward move from the $0.1172 swing high to the $0.1058 low. Dogecoin price is now trading below the $0.1085 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1085 level. There is also a bearish trend line forming with resistance at $0.1085 on the hourly chart of the DOGE/USD pair. The first major resistance for the bulls could be near the $0.110 level. The next major resistance is near the $0.1115 level and the 50% Fib retracement level of the downward move from the $0.1172 swing high to the $0.1058 low. A close above the $0.1115 resistance might send the price toward the $0.1132 resistance. Any more gains might send the price toward the $0.1145 level. The next major stop for the bulls might be $0.1720. More Losses In DOGE? If DOGE’s price fails to climb above the $0.1085 level, it could continue to move down. Initial support on the downside is near the $0.1050 level. The next major support is near the $0.1020 level. The main support sits at $0.10. If there is a downside break below the $0.10 support, the price could decline further. In the stated case, the price might slide toward the $0.0880 level or even $0.0820 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1050 and $0.1020. Major Resistance Levels – $0.1085 and $0.1115.










































