Invest ideasNews
29 May 2026, 05:00
Crypto Faces Nearly $1 Billion In Liquidations As Bitcoin, Ethereum Crash
Data shows the crypto derivatives market has suffered a massive amount of liquidations following the plunge that Bitcoin, Ethereum, and other assets have seen. Bitcoin & Ethereum Are Both Down More Than 5% For The Past Week The second half of May so far has seen a reversal of trend for the cryptocurrency sector, and the trajectory doesn’t appear to be changing as the month draws to a close. Over the last 24 hours, Bitcoin and other digital assets have seen another retrace, resetting the market by many weeks. Related Reading: XRP Flashes TD Sequential Buy Signal, Analyst Eyes Rebound As the below chart shows, BTC has returned to the $73,400 level following its drop of 3.3% over the past day. At its lowest during this plunge, Bitcoin even briefly slipped under the $73,000 mark, something that hasn’t happened since the first half of April. Although the coin has seen a minor rebound, it remains more than 5% down on the week. Ethereum has faced an even worse outcome inside this window, being in a loss of over 6%. Currently, the second-largest token is floating around $1,990, which is the lowest that it has gone since late March. Other assets in the sector have also seen varying degrees of drawdown, with some like ZCash even being down more than 8% during the last 24 hours alone. All this volatility has resulted in chaos over at the derivatives side of the market. Crypto Market Liquidations Have Hit $930 Million According to data from CoinGlass, a large amount of cryptocurrency liquidations have occurred on derivatives exchanges during the past day. “Liquidation” here refers to the forceful closure that any open contract undergoes after it has amassed losses of a specific percentage (as defined by the platform). Below is a table that breaks down the latest liquidation numbers for the market. As is visible, the derivatives sector has faced a total of $928.8 million in liquidations over the last 24 hours. Since cryptocurrencies tend to be volatile, mass flushes aren’t exactly an uncommon sight in the market, but the latest squeeze still stands out for its unusual intensity. The price action inside this period has mostly been toward the downside, so it’s not surprising to see that bullish bets made up for an overwhelming share of the liquidations ($869.3 million). In terms of the individual assets, Bitcoin and Ethereum were the largest contributors to the squeeze like usual. From the heatmap, it’s visible that contracts related to Bitcoin and Ethereum have witnessed $365.1 million and $242 million in liquidations, respectively. The fall-off to the next largest coin is massive, with Solana ranking third with just $26 million in contracts involved. Related Reading: Chainlink Whales Are Accumulating: Wallets Hit New All-Time High The long squeeze may not entirely be unexpected as highly positive funding rates were already pointing to bullish-heavy positioning in the market. Featured image from Dall-E, chart from TradingView.com
29 May 2026, 05:00
Bitcoin Flashes A Historic Supply Setup – But One Key Signal Still Remains Bearish
Bitcoin has fallen back below $75,000 as selling pressure and market uncertainty combine to test the resilience of a recovery that has struggled to establish the structural foundation needed for a sustained advance. The breakdown is concerning on its own terms — but a CryptoQuant analyst has identified a data point in the exchange reserve data that places the current moment in a historical context that spans nearly six years of Bitcoin market cycles. Bitcoin’s Exchange Reserve across all exchanges has fallen to 2,666,753 BTC. The last time that specific reserve level was recorded was August 31, 2019 — when Bitcoin was trading at approximately $9,430. Today, Bitcoin trades near $77,300. The same exchange inventory reading. Approximately eight times the price. That comparison creates an immediate and important question. Two identical exchange reserve readings at dramatically different price levels describe two fundamentally different market structures — different participant compositions, different institutional presence, different regulatory environments, and different on-chain dynamics surrounding the same supply number. The reserve figure is the same. Almost nothing else about the two moments is. The CryptoQuant analyst uses a second indicator alongside the reserve data to capture what the raw number cannot — the Bull-Bear Market Cycle Indicator, which characterizes the structural regime surrounding each reserve reading and determines whether the same supply level carries the same forward implication in 2026 as it did in 2019. Same Supply Level But Two Very Different Market Regimes The CryptoQuant analysis places the identical exchange reserve readings side by side and reveals the structural divergence that makes the comparison as alarming as it is instructive. In August 2019, the Bull-Bear Market Cycle Indicator stood at +0.83, with the 30-day moving average at +1.045 — readings firmly in bull territory that confirmed the demand context surrounding the supply constraint. Bitcoin leaving exchanges in 2019 was occurring against a backdrop where the cycle structure supported the thesis that reduced available supply would meet genuine buying interest. In May 2026, the same indicator reads -0.379, with the 30-day moving average at -0.375 and the 365-day moving average at -0.323. The current exchange reserve level is identical to 2019. The cycle regime surrounding it is the opposite. The analytical framework the report establishes is precise. Declining exchange reserves reduce the inventory available for immediate sale — that supply dynamic is constructive regardless of the cycle context. But supply constraints alone do not drive prices higher. Demand must arrive to meet the reduced available supply before the constraint translates into price appreciation. In 2019, the bullish cycle structure provided that demand confirmation. In 2026, it has not yet appeared. The structural variable that separates 2026 from every previous exchange reserve comparison is the spot Bitcoin ETF. Approved in January 2024 and representing a category of demand that did not exist in August 2019, ETF inflows have been a persistent feature of the declining reserve environment throughout the entire post-approval period. That structural buyer changes the demand equation in ways the 2019 comparison cannot fully capture. Whether ETF demand is sufficient to bridge the gap between the current supply constraint and the demand confirmation that the Bull-Bear Indicator has not yet delivered is precisely what the current market setup is testing — and what the next phase of Bitcoin’s price action will begin to answer. Bitcoin Bears Retake Short-Term Control Bitcoin has fallen below the critical $75,000 region, confirming a significant loss of momentum after weeks of struggling beneath major resistance near the $80,000–$82,000 zone. The daily chart now reflects a market transitioning from consolidation back into defensive positioning, with sellers regaining short-term control after repeated failed breakout attempts throughout May. Technically, the breakdown below the $73,500–$74,000 support cluster is an important deterioration in structure. That zone had acted as the foundation for the April recovery and aligned closely with the rising 100-day moving average, making it one of the most important support areas on the chart. Bitcoin is now trading beneath that level, while the 50-day moving average has started curling downward again after briefly stabilizing during the recovery phase. The rejection from the declining 200-day moving average near $80,000 also reinforced the broader macro weakness still dominating the market. Bulls were unable to reclaim long-term trend resistance, and the failure triggered another wave of downside pressure that accelerated once short-term support gave way. The next major demand zone now sits near the $65,000–$66,000 region, where buyers aggressively defended price during the February capitulation event. Volume has started increasing slightly during the latest decline, suggesting market participation is rising again as uncertainty expands. Unless Bitcoin can quickly reclaim the lost $74,000 region, the broader structure now favors continued downside pressure and prolonged volatility rather than immediate recovery continuation. Featured image from ChatGPT, chart from TradingView.com
29 May 2026, 04:48
XRP Price Bounce Looks Fragile, Fresh Decline Risks Begin Rising
XRP price started a recovery wave above $1.290 and $1.2950. The price is now consolidating and might aim for a fresh move if it clears $1.3350. XRP price started a recovery wave above the $1.30 zone. The price is now trading below $1.320 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.3420 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.3350. XRP Price Faces Hurdles XRP price remained supported above $1.2650 and started a recovery wave, like Bitcoin and Ethereum . The price was able to climb above $1.2880 and $1.290 to enter a short-term positive zone. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $1.3638 swing high to the $1.2677 swing low. However, the bears are active near $1.3350. There is also a bearish trend line forming with resistance at $1.3420 on the hourly chart of the XRP/USD pair. The price is now trading below $1.320 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.320 level. The first major resistance is near the $1.3280 level and the 61.8% Fib retracement level of the downward move from the $1.3638 swing high to the $1.2677 swing low. A close above $1.3280 could send the price to $1.3350. The next hurdle sits at $1.3420. A clear move above the $1.3420 resistance might send the price toward the $1.3650 resistance. Any more gains might send the price toward the $1.380 resistance. Another Decline? If XRP fails to clear the $1.3350 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.30 level. The next major support is near the $1.290 level. If there is a downside break and a close below the $1.2720 level, the price might continue to decline toward $1.2650. The next major support sits near the $1.2550 zone, below which the price could continue lower toward $1.2250. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now near the 50 level. Major Support Levels – $1.3000 and $1.2900. Major Resistance Levels – $1.3350 and $1.3420.
29 May 2026, 04:36
Sui Network Recovers After Nearly Six-Hour Blockchain Outage
The issue halted mainnet activity and temporarily disrupted transaction processing before developers deployed a fix. The outage was Sui’s second major downtime event in 2026 and caused the SUI token to fall about 6% before partially recovering. Sui Blockchain Back Online The Sui blockchain resumed operations after suffering a network outage that lasted almost six hours. This was the second big disruption to the layer-1 network in 2026. According to the Sui team, the incident was caused by a bug that was introduced in the network’s 1.72 software release. The issue affected the gas charging logic and resulted in a crash that temporarily halted activity across the mainnet. The network first alerted users that it was experiencing a “network stall,” and warned that transactions could be delayed or paused while developers worked on a fix. After approximately 5 hours and 55 minutes of downtime, Sui announced that activity resumed and confirmed that a full post-mortem review would be published in the coming days. Although the network was brought back online, validators were still reported to be operating with degraded performance shortly after the recovery. Earlier in January 2026, Sui experienced another disruption that kept the network offline for more than six hours. The project also faced an incident in November of 2024, when validators became trapped in a crash loop that prevented transaction processing for roughly two and a half hours. The outage had an immediate impact on market sentiment surrounding the network’s native token, SUI. During the disruption, the token’s price fell by approximately 6% to around $0.90 before recovering slightly to trade near $0.92 after the restoration of services. Despite the setback, Sui is still one of the larger blockchain ecosystems in the industry. Data from DeFiLlama shows that the network ranks among the top blockchain platforms by total value locked, securing approximately $542 million across 137 protocols. The blockchain is also still attracting attention from developers and investors due to its focus on scalability and high transaction throughput. Just weeks before the outage, SUI surged by roughly 50% after a series of positive developments. These included a Nasdaq-listed company announcing plans to stake a large portion of the token supply and developers unveiling upcoming features like zero-fee stablecoin transfers and privacy-focused transaction capabilities. SUI price action over the past month (Source: CoinCodex) Since launching its mainnet in May of 2023, Sui has turned itself into a high-performance blockchain that is designed to support large-scale financial applications and institutional adoption. However, recurring outages may raise some serious questions about the network’s reliability.
29 May 2026, 04:33
Bitcoin’s major holders halt buys as demand slows: CryptoQuant
CryptoQuant says that the holding structure for large Bitcoin holders is deteriorating, a trend that has historically preceded “sustained price weakness.”
29 May 2026, 04:23
Bitcoin's record holder supply hides a buyer drought, CryptoQuant says
A record high in long-term holder supply typically signals conviction. CryptoQuant says it reflects a shortage of new buyers, a view echoed by weakening ETF demand and bearish prediction market odds.
