Crypto derivatives markets saw a clear tilt toward 'short liquidations' over the past 24 hours, as modest gains in Bitcoin (BTC) and Ethereum (ETH) forced bearish leverage to unwind across major venues. The pattern points to a market that is still heavily positioned for downside, leaving prices sensitive to rapid squeezes when spot climbs even slightly. According to CoinGlass liquidation data tracked over the last 24 hours (UTC), Bitcoin posted roughly $1.3 billion in long liquidations versus about $4.9 billion in shorts. Ethereum showed a similar imbalance, with approximately $5.1 billion...

Solana (SOL) is drawing a sharper split between weak 'technical structure' and steady 'institutional demand' after spot ETF inflows accelerated in May even as the token remained pinned in the low-$80 range. Market participants say the stalemate matters because it suggests the current downtrend is being met by longer-horizon accumulation rather than momentum buying—leaving SOL vulnerable to a liquidation-driven dip while also supported by persistent ETF demand. As of Sunday UTC (May 31), SOL traded at $83.10, up 1.10% over the past 24 hours, according to CoinMarketCap data cited in the...

XRP edged slightly higher on Saturday, but short-term forecasting tools continue to lean cautious, even as Ripple’s payments business and U.S. regulatory clarity underpin a more constructive medium-term narrative for the token. According to CoinMarketCap data at 8:00 p.m. ET on Friday (00:00 UTC Saturday), XRP was trading at $1.3443, up 0.17% over 24 hours. The token was down 1.08% over the past week and 2.26% over the last 30 days, reflecting a mild pullback rather than a decisive trend. Daily trading volume stood around $1.23 billion, while XRP’s circulating market capitalization was above...

TokenPost’s "Crypto Horoscope” is provided for entertainment and psychological refreshment purposes only, and should not be considered as investment reference material. It is not related to actual market conditions or technical analysis, and does not constitute any form of investment advice. We wish you success in your investments. [Editor’s Note] Aries — “Fast Hands, Tighter Rules” Index 63: Fear doesn’t stop you from moving, but it does demand cleaner execution—think short-term trading with less leverage and more respect for sudden wicks. Taurus — “Slow HODL, Strong Spine” Index 71:...

As South Korea heads into its June 3 local elections, digital assets have emerged as an unlikely political test: can a government sell ‘crypto-friendly’ policies as national strategy—without triggering voter backlash shaped by past scandals, investor losses, and distrust? The vote, set for Tuesday (June 2 ET / June 3 in South Korea), will be the country’s 9th nationwide local election and the first major electoral checkpoint roughly a year after President Lee Jae-myung took office. For the ruling Democratic Party, the outcome is widely seen as an early referendum on governing momentum. But...

The European Commission is weighing an EU-wide tax framework for crypto companies as part of a broader push to diversify funding sources for the bloc’s next long-term budget—an effort that could materially reshape how digital-asset activity is taxed across member states. At the same time, decentralized finance (DeFi) markets digested updates from Aave over a cross-chain bridge exploit, while corporate disclosure highlighted SpaceX’s sizable Bitcoin (BTC) holdings and U.S. markets looked ahead to a dense slate of labor data and Federal Reserve commentary. According to Politico, cited by...

Space ID (ID) drew outsized attention in South Korea’s retail-driven market on Sunday ET, climbing sharply as trading activity surged and the token topped Upbit’s ‘fear and greed’ rankings—an indicator often used to gauge short-term sentiment and momentum. In Upbit’s KRW market, Space ID changed hands around 64.2 won, up 7.90% from the prior session. The token traded between an intraday low of 57.3 won and a high of 67.2 won, while 24-hour turnover reached roughly 209.4 billion won (about $152 million), placing it among the day’s most actively traded assets on the exchange. On the daily...

XRP is consolidating after a pullback from recent highs, with traders closely watching whether the token can hold a key technical floor near $1.2740. Analysts say the area has become a focal point for near-term positioning because a sustained break below it could invalidate the current rebound thesis, while a successful defense may set the stage for a move back toward the top of the prevailing price channel. Market technicians cited by Benzinga highlighted $1.2740 as the critical support level, noting that if it remains intact, XRP could have roughly 15% upside to the channel’s upper...

Cardano (ADA) is approaching a crucial technical turning point as the cryptocurrency continues to trade below a major support level that has held firm for several years. Despite early signs of recovery across the broader crypto market following recent volatility, ADA remains under pressure and is struggling to regain momentum. According to crypto analyst Ali Martinez, Cardano is currently trading around $0.232, placing it below the important $0.247 support zone. This level has acted as a strong price floor since 2021, helping ADA maintain stability during previous market corrections. The...

The European Unions projected crypto tax revenue could fall well below expectations, according to Patrick Hansen, Circles EU Strategy and Policy Lead. Hansen has challenged the European Commissions estimate that new cryptocurrency taxes could generate nearly $23 billion during the EUs 20282034 budget cycle. A leaked European Commission document outlines two proposed crypto taxation models that member states may consider. The first is a 0.1% tax on cryptocurrency transactions, which officials believe could generate between $3.5 billion and $4.7 billion annually. Under this framework,...