News Inbox

NewsBTC · score 10 · 5/19/2026, 11:15:08 AM

An analyst has pointed out how the latest retrace in Solana has come after rejection from the resistance level of a Parallel Channel. Solana Failed Parallel Channel Resistance Retest In a new post on X, analyst Ali Martinez has talked about a technical analysis (TA) pattern forming in the daily price chart of Solana. The pattern in question is a “Parallel Channel,” which forms whenever an asset trades between two parallel trendlines. Related Reading: Bitcoin Recovery Above Key Cost Basis Level Fails As BTC Falls Under $77,000 Like other consolidation patterns in TA, the upper level of the channel acts as a resistance barrier for the price and the lower one can provide support. A break out of either of these levels can signal a continuation of trend in that direction. That is, a surge above the pattern can be a bullish signal, while a fall under it a bearish one. Parallel Channels can be of a few different types depending on how the trendlines are oriented with respect to the graph axes, but in the context of the current topic, the variant of interest is the one that has its channel parallel to the time-axis. As the asset trades inside such a pattern, it experiences consolidation in an exactly sideways manner. Now, here is the chart shared by Martinez that shows the Parallel Channel that the 1-day price of Solana has been stuck inside for the last couple of months: As displayed in the above graph, Solana retested the upper level of this Parallel Channel when it rallied toward the $98 mark earlier in the month. The asset couldn’t break past the level’s resistance, however, and its price ended up reversing course. Since then, SOL has made its way back into the lower half of the channel. If the current trajectory of the asset continues, it’s possible that the cryptocurrency could end up retesting the lower level situated around $78. It now remains to be seen how Solana will develop in the near future and whether it will have to end up relying on this possible center of support. Related Reading: Ethereum Sell Signal That Last Preceded A 63% Drop Flashes Again As mentioned earlier, there are also other types of Parallel Channels in TA. One such variant is the Descending Channel, which involves trendlines that have a negative slope. Ethereum had earlier been following this kind of pattern on its 4-hour chart, as Martinez highlighted in another X post. From the chart, it’s visible that Ethereum’s 4-hour price was retesting the lower level of the Descending Channel when Martinez shared the pattern. The asset’s drawdown has prolonged since then, and the coin has broken below the support line. SOL Price At the time of writing, Solana is trading around $84, down 13.6% over the past week. Featured image from Dall-E, chart from TradingView.com

NewsBTC · score 14 · 5/19/2026, 9:45:09 AM

Bitcoin has witnessed a drop back below the $77,000 level, and with it, the cryptocurrency has lost its recovery above the short-term holder cost basis. Bitcoin Has Fallen Under The STH Realized Price In a new post on X, analyst Maartunn has talked about how BTC’s move above the short-term holder Realized Price ended in rejection. The “Realized Price” here refers to an on-chain indicator that measures the cost basis of the average investor or address on the Bitcoin network. Related Reading: Ethereum Sell Signal That Last Preceded A 63% Drop Flashes Again When the spot price of the cryptocurrency is greater than this metric, it means the investors as a whole are in a state of net unrealized profit. On the other hand, the asset being under the indicator implies the dominance of loss on the blockchain. In the context of the current topic, the Realized Price of a specific investor group is of interest: the short-term holders (STHs). This cohort includes all addresses that purchased their coins within the past 155 days. Now, here is the chart shared by Maartunn that shows the trend in the Bitcoin Realized Price for this group over the last few years: As displayed in the above graph, Bitcoin dropped below the STH Realized Price with its crash in the last quarter of 2025 and stayed below it until the recent recovery rally. This surge finally resulted in the cryptocurrency climbing back above the line, thus putting the STHs back into the green. The profitable status couldn’t last for the cohort, however, as a pullback in the asset has meant that the spot price is once more below the indicator. In the past, the Bitcoin spot price finding rejection around the STH Realized Price is something that has often been witnessed during bearish phases. The reason behind the trend lies in selling from the group’s members that arises as a result of panic-exiting at the break-even level. The recovery attempt in January also fizzled out near the cost basis of these investors. Related Reading: Ethereum Dips To $2,250 As Trader Profit-Taking Hits 3-Week High In some other news, the long-term holders (LTHs), the counterpart of the STH cohort, have seen an uptrend in their supply recently, as CryptoQuant author Darkfrost has pointed out in an X post. From the chart, it’s visible that the Bitcoin LTHs saw their supply go down during the second half of 2025, indicating that the diamond hands of the network were selling. The trend changed this January, with the netflow of the group turning positive. Currently, this cohort controls a total of 15.26 million BTC. BTC Price Bitcoin dropped to a low of $76,700 during the latest retrace, but the coin has since bounced back a bit to $77,700. Featured image from Dall-E, chart from TradingView.com

BeInCrypto · score 9 · 5/19/2026, 9:45:08 AM

Mark Cuban proposes a federal AI token tax and compares critics to early crypto opponents who later embraced regulation. The post Shark Tank Billionaire Mark Cuban Proposes Federal AI Token Tax appeared first on BeInCrypto.

BeInCrypto · score 9 · 5/19/2026, 9:45:08 AM

Standard Chartered will cut more than 15% of corporate function roles by 2030 as the UK-headquartered bank scales up the use of artificial intelligence. The bank confirmed the plan in a strategy update to investors alongside fresh profitability targets. Banking Giant Standard Chartered to Cut Thousands of Jobs The banking giant’s restructuring is set to The post Standard Chartered Joins AI Layoff Wave With Over 7,000 Job Cuts Planned appeared first on BeInCrypto.

BeInCrypto · score 8 · 5/19/2026, 9:45:08 AM

Solana’s (SOL) AI agent activity moved beyond experimentation during the first quarter of 2026, according to Messari. The findings come from Messari’s State of Solana Q1 2026 report, which points to application-layer activity, the expansion of the x402 payment standard, a new onchain Agent Registry, and more as evidence of the shift. Solana’s Growing Footprint The post Solana AI Agent Economy Crosses From Experiment to Measurable Output, Messari Finds appeared first on BeInCrypto.

The Defiant · score 8 · 5/19/2026, 9:45:07 AM

Bitcoin has fallen below $78,500 and is consolidating near the $76,500 support level, with a bearish trend line forming resistance at $77,700 on the hourly chart.

CryptoNews · score 8 · 5/19/2026, 9:45:06 AM

Google’s Gemini AI Predicts Incredible Bitcoin Price by the End of 2026 The post Google’s Gemini AI Predicts Incredible Bitcoin Price by End of 2026 appeared first on Cryptonews.

CryptoPotato · score 8 · 5/19/2026, 9:45:04 AM

Despite near-term weakness, Lee still sees tokenization and AI-related infrastructure as long-term drivers for ETH.

Decrypt · score 8 · 5/19/2026, 9:45:02 AM

Hive Digital Technologies’ stock price popped after the Bitcoin miner unveiled a massive data-center buildout in Ontario, Canada.

Decrypt · score 16 · 5/19/2026, 9:45:02 AM

Vitalik Buterin said mathematically verified software may help protect cryptographic infrastructures as AI improves both code generation and vulnerability discovery.

Decrypt · score 9 · 5/19/2026, 9:45:02 AM

The legal battle between Elon Musk and OpenAI has ended in a win for the company he co-founded, following a jury decision.

Decrypt · score 8 · 5/19/2026, 9:45:02 AM

Attorneys representing a former Homeland Security official admitted using Anthropic’s Claude Console to help draft a court filing that included fabricated quotes.

Cointelegraph · score 12 · 5/19/2026, 9:45:02 AM

The FCA and Bank of England are seeking feedback on new tokenization guidance and plans to extend operating hours for the UK’s core payment and settlement infrastructure toward near-24/7 availability.

Cointelegraph · score 11 · 5/19/2026, 9:45:02 AM

Hosting revenue outpaced mining as new capacity came online, highlighting Soluna’s shift toward data centers for AI and high-performance computing.

CoinDesk · score 11 · 5/19/2026, 9:45:01 AM

Bittensor (TAO), down 9.6% over the weekend, joined Bitcoin Cash (BCH) as an underperformer.

CoinDesk · score 8 · 5/19/2026, 9:45:01 AM

XRP gave back gains after a high-volume selloff erased the latest breakout attempt, though buyers stepped back in near support around $1.38.

CoinDesk · score 19 · 5/19/2026, 9:45:01 AM

The Ethereum co-founder argued that AI-assisted "formal verification" could become one of the most important tools for cybersecurity in a new blog post.

CoinDesk · score 11 · 5/19/2026, 9:45:01 AM

Aschenbrenner is shorting Nvidia and AMD in favor of bitcoin miners that own the electricity and data centers needed to fuel the next phase of the AI boom.

CoinDesk · score 15 · 5/19/2026, 9:45:01 AM

The bitcoin mining firm continues on its investment path into AI data centers after raising $115 million to expand its global footprint in the industry.

CoinDesk · score 12 · 5/19/2026, 9:45:01 AM

The former Alt5 Sigma marked its 7.28 billion WLFI tokens at $706 million, down from a roughly $1.46 billion cost basis, while disclosing that the holdings remain locked amid liquidity concerns.