Analysis News

A New York man identified in court documents only as Noah Doe has filed a lawsuit in the Supreme Court of the State of New York seeking legal ownership of 39,069 abandoned Bitcoin wallets — assets he discovered using a self-developed algorithm, reported to the NYPD in compliance with lost and found property law, and spent over a year attempting to return to their rightful owners before filing suit. Related Reading: American Mega Bank Is Dumping Its Ethereum Holdings, Here’s What It’s Buying The First Amended Complaint, filed May 1, 2026, under index number 153119/2026 and filed through Brooklyn-based law firm Lewis & Lin LLC, lays out one of the most unusual property cases in crypto’s short legal history. Noah Doe is not a hacker. He is not a thief. Under New York Pe...

Ethereum is losing ground inside one of America’s largest banking portfolios as Bank of America sharply pivots toward Bitcoin-linked investment products. Fresh SEC filings from the banking giant reveal a noticeable reshuffling of its crypto exposure during the first quarter, with Ethereum and Solana positions reduced while Bitcoin allocations expanded aggressively through spot ETFs and indirect treasury exposure. Ethereum Retreats, Bitcoin Expands The latest 13F filing from Bank of America paints a clear picture of where institutional conviction is shifting. While the bank still maintains exposure across several crypto-related products, recent reports indicate that Bitcoin now dominates its digital asset strategy by a wide margin. Related Reading: Bitcoin Upper Trend...

Tether has announced plans to launch GEL, a stablecoin representing the Georgian Lari, with backing from the Government of Georgia.
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Iran's Foreign Ministry confirms 14-point MOU targeting war end and Hormuz transit deal. 20 ships through Hormuz by May 31 at 54.5% YES; June 7 ceasefire at 56.
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Bitcoin’s demand backdrop has weakened sharply, according to CryptoQuant analyst Darkfost, who said an on-chain gauge of apparent demand has fallen to its most bearish reading of the year. Darkfost, posting on X under the handle @Darkfost_Coc, shared a CryptoQuant chart showing Bitcoin Apparent Demand on a 30-day sum basis falling deep into negative territory. The analyst said the metric is now approaching minus 147,000 BTC, marking its weakest level since the beginning of 2026. “Bitcoin’s Apparent Demand has just reached its most negative level since the beginning of the year,” Darkfost wrote. “With an estimate now approaching -147,000 BTC, we have to go back to December 2025 to find market sentiment this bearish.” Apparent Demand Turns Deeply Negative The chart tra...

Iran's Foreign Ministry says no deal is imminent despite a framework existing. US-Iran agreement by June 7 sits at 57.5% YES, down from 86%.
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Dogecoin started a recovery wave above the $0.10 zone against the US Dollar. DOGE is now facing hurdles near $0.1050 and might struggle to continue higher. DOGE price started a recovery wave from $0.10 and climbed above $0.1020. The price is trading below the $0.1035 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1030 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.10. Dogecoin Price Hits Resistance Dogecoin price started a recovery wave from the $0.10 zone, like Bitcoin and Ethereum. DOGE climbed above the $0.1015 and $0.1020 resistance levels. There was a decent upward move above the 50% Fib retracement level of the downward move...

XRP price started a downside correction from the $1.3750 zone. The price is now consolidating and might aim for another increase if it stays above the $1.3280 zone. XRP price started a downside correction after it failed to stay above the $1.3720 zone. The price is now trading above $1.350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.3650 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it settles above $1.3750. XRP Price Holds Support XRP price started a decent upward move above $1.3250 and $1.3280, outperforming Bitcoin and Ethereum. The price gained pace for a clear move above the $1.370 resistance. A high was formed at $1.3741, and the price started...

Ethereum price started a downside correction from $2,150. ETH must clear the $2,120 and $2,150 resistance levels to continue higher. Ethereum started a downside correction below the $2,125 zone. The price is trading above $2,100 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,110 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,150 zone. Ethereum Price Holds Support Ethereum price failed to stay above the $2,145 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $2,120 and $2,110 levels. The bears pushed the price below the 38.2% Fib retracement level of the upward move from the $2,001 swing low to the $2,147 h...

Rubio says a US-Iran deal could sign as early as Monday, but markets are skeptical. US-Iran deal by June 7 at 50.5% YES; May 26 at 15.5% YES.
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