Bitcoin whale activity hits a 9-month high: But a major concern remains
Bitcoin whale activity hits a 9-month high, but buying volume remains thin.
Arthur Hayes has a new favorite coin — and it is not Bitcoin. The veteran crypto investor recently revealed that Zcash has become one of his largest crypto holdings outside of Bitcoin, a disclosure that has drawn fresh attention to a cryptocurrency that many had written off.
Investors and traders are paying closer attention to Bitcoin (BTC) after the latest US inflation report was released on May 12. As consumer prices in the US continue to climb, questions are mounting about what that means for BTC and whether the world’s largest cryptocurrency can hold its ground.
May 16, 2026, 1:00 amBitcoin (BTC) dropping below the $80,000 mark is starting to undo some of the optimism that followed a major step forward for the industry.
May 15, 2026, 11:30 pmBitcoin whale activity hits a 9-month high, but buying volume remains thin.
The crypto ATM company reported financial difficulties amid a changing regulatory environment and ongoing litigation, which have cost it millions of dollars.
For long, Bitcoin has remained the major target for institutional investors, but lately Ethereum is turning up strongly on their radars too. Many companies have begun to accumulate the leading altcoin at a significant rate, with some even dumping a portion of their Bitcoin holdings to buy more ETH.
Bitcoin is struggling to push above $82,000 as the market heats up and buyers search for the momentum needed to break through resistance that has now rejected three separate attempts.
Bitcoin dipped on Friday, trading below $79,000 in afternoon US trading, as a sharp move higher in US Treasury yields triggered a broad risk-asset sell-off and forced markets to reprice the Fed's next move from a cut to a possible hike.
The Bitcoin DeFi protocol is moving its assets away from LayerZero following the Kelp DAO exploit that led to the loss of $292 million.
Bitcoin ETFs snapped back into positive territory on Thursday with $131 million in fresh inflows, signaling a renewed wave of institutional demand after two difficult sessions. Ether ETFs, however, remained under pressure with a fourth consecutive day of outflows, while XRP and solana products continued to attract steady capital.
President Donald Trump reported trades in crypto firms like Coinbase and Robinhood, among others, according to new ethics filings.
Bitcoin’s latest retreat below $80,000 shows how quickly the bond market has reclaimed control of crypto trading, even after lawmakers advanced one of the industry’s most closely watched regulatory bills.