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⚡ Breaking
NewsBTC

Tom Lee Sets $200,000 Year-End Bitcoin Target As Price Defends Crucial Support

As Bitcoin (BTC) defends a pivotal support level, Tom Lee has called for the end of the crypto winter, setting massive year-end outlooks for the flagship crypto and Ethereum (ETH). Related Reading: DeFi Platform TrustedVolumes Hit By $6.7M Hack As 2026 Exploits Surge Tom Lee Shares $200,000 Bitcoin Target Tom Lee, the chairman of Ethereum’s largest treasury firm, Bitmine Technology, shared bold end-of-year price predictions for the two largest cryptocurrencies by market capitalization. During a quick-fire round of questions at Consensus 2026, the executive affirmed that Bitcoin could soar “wel

⚡ Breaking
NewsBTC

Ethereum Is Going Up While Shorts Are Piling In: Find Out What Usually Follows

Ethereum has lost ground below $2,300 as the market cools after weeks of cautious recovery. The price is retreating — but a CryptoQuant report tracking Binance derivatives activity has identified a dynamic beneath the surface that complicates the bearish reading considerably. Related Reading: Bitcoin Found Support Where Recent Buyers Can’t Afford to Lose: Discover the Mechanics The data shows that derivatives traders on Binance have been aggressively betting against Ethereum throughout the recent rebound — and they are still adding to those positions even as the price pulls back. Cumulative ne

⚡ Breaking
NewsBTC

14,600 Bitcoin Sold in Profit in One Day: Here Is How BTC’s Own Structure Broke It Below $80K

Bitcoin is facing resistance after weeks of upside that carried it significantly above the lows that defined the worst of the correction. The recovery had been building momentum — and today that momentum met a specific kind of obstacle that XWIN Research Japan has analyzed in detail, with findings that change how the decline should be read. Related Reading: Bitcoin Found Support Where Recent Buyers Can’t Afford to Lose: Discover the Mechanics Bitcoin briefly fell below $80,000 today. Ethereum dropped under $2,300. More than $90 billion was erased from the combined crypto market cap from recent

📉 Bearish
BeInCrypto

BitMine Stock Faces Risk as Tom Lee Cools on Ethereum Buying

BMNR stock price trades at $22.00 after a 4% drop on May 7, sliding alongside the broader crypto-treasury complex as chairman Tom Lee signaled BitMine may slow its Ethereum accumulation pace. The stock sits within an ascending channel that appears bullish on the surface, but multiple flow and positioning signals suggest a deeper test is The post BitMine Stock Faces Risk as Tom Lee Cools on Ethereum Buying appeared first on BeInCrypto.

◎ Neutral
CryptoSlate

Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight

The CLARITY Act is finally moving toward a long-awaited Senate Banking Committee markup next week, but its path is being complicated by a fight over whether Congress should impose new ethics restrictions on federal officials and elected leaders involved with the crypto industry. On May 7, crypto journalist Eleanor Terrett reported that the draft text […] The post Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight appeared first on CryptoSlate.

📉 Bearish
CryptoSlate

Ethereum loses 10% of its DeFi market share as rival chains close in

Ethereum's share of the total value locked (TVL) in DeFi compressed from 63.5% at the start of 2025 to around 54% as of May 7, hovering near the lowest level recorded since May 2025. DefiLlama puts Ethereum's current TVL at $45.4 billion, while the chains absorbing share have each staked out a distinct function, such […] The post Ethereum loses 10% of its DeFi market share as rival chains close in appeared first on CryptoSlate.