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3.62M ETH hits Binance – Here’s why Ethereum’s Q2 rally looks weak
Ethereum inflows into Binance are spiking, raising questions about whether ETH can sustain or reclaim relative strength against BTC in the current cycle.

AMB Crypto 2026-05-10 12:30
Optimism jumps 11% – But can OP clear THIS KEY resistance now?
OP surged 11% after breaking its bullish reversal neckline as trader activity accelerated sharply.

AMB Crypto 2026-05-10 10:00
Venice Token price: Why this AI crypto coin is soaring and what next
The Venice Token price has continued its strong surge this month and is now trading at its all-time high. VVV token was trading at $15.2 on Sunday, a few points below the record high of $16.65. It remains nearly 1,500% above its lowest level in December last year. Venice Token price rallying amid growing usage and token burns AI tokens have done relatively well in the past few weeks. For example, Bittensor (TAO) token has jumped by 9% in the last seven days. NEAR, ICP, Render, Virtuals, and FET have all jumped by over 10% in this period. Venice Token, on the other hand, has jumped by over 65% in this period, making it one of the top gainers in the industry. This surge happened because it is one of the top projects bringing real-world application of blockchain technology to the real world. For starters, Venice AI operates a platform that integrates most AI models like DeepSeek, Grok, ChatGPT, and Claude. Users enter their queries and then the platform selects the best model to use, while emphasizing privacy. Venice uses a freemium model. Users can use its platform for free or pay for tiered subscriptions, which start at $18 all the way to $200 a month. The VVV token has soared this year because of the ongoing hype around AI that has pushed top assets to record highs. For example, AI companies like Sandisk, Micron, and Western Digital are the top gainers in the S&P 500 Index this year. Similarly, AI companies have seen their valuations surge, with analysts placing Anthropic’s real value at over $1 trillion, up from $380 billion a few months ago. Anthropic’s annualized run rate (ARR) has jumped to over $30 billion. Therefore, traders believe that Venice should also have a similar valuation because of its ongoing growth. SimilarWeb data shows that Venice’s website had 26 million visitors between February and April, a 15% increase. Its monthly visits have jumped to over 8.8 million. Token burns accelerating The VVV price has also soared because of the improving tokenomics as the network continues to incinerate its tokens. Data shows that the network continues to remove tokens in circulation. This trend will continue after they added the fee burn rate. For example, a subscription to the lowest package is burning $2 worth of tokens. As a result, according to its website , it burned tokens worth over $166k last month, up from $146k in the previous month. It has already burned about 42% of the circulating supply. At the same time, investors are buying the VVV token because of the rising yield, which now stands at 14%. Users can use their VVV tokens to mint their DIEM tokens, which gives them $1 of daily credits to spend on the Venice AI platform. These numbers explain why the volume of VVV tokens traded in exchanges has continued rising this month. Also, the futures open interest has continued to rise and is now at the highest level this year. Venice Token price technical analysis VVV token price chart | Source: TradingView The daily chart reveals that the VVV token price remained inside a narrow range of between $0.9745 and $4.90 for months. It even formed a cup-and-handle pattern, a common bullish continuation signs in technical analysis. The consolidation phase was part of the accumulation stage of the Wyckoff Theory. As a result, the coin has now moved to the markup phase, which is normally characterized by Fear of Missing Out (FOMO). The coin has remained above all moving averages, a sign that bulls remain in control. However, it also poses a mean-reversion risk, where an asset moves back to its historical averages. This mean reversion angle is possible as the coin has become highly overbought. As such, there is a likelihood that the token will pull back, and possibly retest the key support level at $10.l The post Venice Token price: Why this AI crypto coin is soaring and what next appeared first on Invezz

Invezz 2026-05-10 09:07
Assessing ENA’s breakout odds as Ethena retests $0.136
Ethena has established a bullish structure on the 1-day chart after being in a downtrend since October 2025.

AMB Crypto 2026-05-10 09:00
Bitcoin Dominance Begins Decline — Altseason Commences?
Bitcoin has recently touched the $81,000 zone in the last few hours, as bullish sentiment continues to grow stronger. Data from CoinMarketCap shows a 12% monthly gain, suggesting significant capital inflows into the leading cryptocurrency since early April. However, on-chain data paints a parallel picture of a brewing shift in market dominance. Increasing Altcoin Volume Coincides With MACD Signal As Bitcoin Dominance Falls In a QuickTake post on May 9, crypto analytics group XWIN Research Japan reports an ongoing decline in Bitcoin Dominance (BTC.D), despite the recent substantial price gains. According to market experts, BTC.D initially posted a strong uptrend in 2026, rising to around 60%. This move was fueled by an unrivaled interest in Bitcoin, highlighted by rising inflows into Spot Bitcoin ETFs, institutional accumulation, and macro uncertainty. However, the Bitcoin Dominance has been declining in recent days, suggesting a rotation of capital toward altcoins. Interestingly, XWIN Research highlights an update shared by fellow analyst CryptoOnChain, who recently posted on the occurrence of “Altcoin Volume Increasing Trend”, a signal that appears when 30-day altcoin trading crosses above the 365-day average in the CEX Volume Ratio (Others vs Top 5). This observed rotation is also well reflected in price movements. While Ethereum (ETH) has shown little price change, assets such as SUI and SOL have registered respective substantial gains of 15.83% and 10.53% in the last week alone. Furthermore, XWIN Research Japan reports that these developments have coincided with a recent bearish MACD crossover on the Bitcoin Dominance chart, which the analysts now say may represent a shift in market structure rather than a mere technical signal. BTC Dominance Drop May Signal Crypto Market’s Next Bull Leg In other developments shared by XWIN Research, on-chain indicators suggest the broader Bitcoin market remains in the initial phase of a bull cycle. Metrics such as the Profit/Loss Margin and Market Value to Realized Value (MVRV) ratio are yet to reach previous cycle tops, while long-term Bitcoin holders continue to exhibit relatively low selling pressure. Notably, previous declines in Bitcoin Dominance have marked pivotal moments for the broader market, leading to explosive altcoin rallies, as observed in 2017 and 2021. Therefore, a sustained decline in Bitcoin Dominance or a resumption of its uptrend will have a significant impact on market direction from these early bull stages. At press time, Bitcoin trades at $80,724. Meanwhile, the total altcoin market cap is valued at $1.04 trillion.

Bitcoinist 2026-05-10 09:00
Jupiter rallies 23% as Spot demand surges – But THIS may cap JUP’s upside
Jupiter appears increasingly positioned for a sustained rally, though some indicators still point to the need for caution.

AMB Crypto 2026-05-10 07:00
Akash AI model fuels AKT’s 17% rally – Daily token volume hits 5B
AkashML drives trading activity on Akash Network as price surges 17%.

AMB Crypto 2026-05-10 06:00
Altcoin rotation or cycle? Here’s why USDT dominance may hold the answer
The development of a sustained cycle depends on a few key factors.

AMB Crypto 2026-05-10 05:00
AERO surges 10% after massive short liquidations: Can bulls extend the breakout?
AERO's breakout strengthens as short liquidations surge and leveraged traders increase bullish exposure.

AMB Crypto 2026-05-10 04:00
This Finance CEO Picks Solana Instead Of Bitcoin — Here’s Why
Finance CEO Raoul Pal has expressed a clear preference for Solana over Bitcoin for reasons deeper than a simple asset comparison. The reasons for his latest crypto call go back to one of the crypto market’s biggest talking points: whether the next phase of the crypto industry will be led by Bitcoin’s store-of-value role or by high-speed networks built for mass activity. Raoul Pal Picks Solana Over Bitcoin Raoul Pal has never been short on comments relating to cryptocurrencies. However, his most recent Solana over Bitcoin preference came during one of the most closely watched moments from the recently concluded Consensus 2026 event in Miami. The choice was notable because Pal has always been associated with broad macro crypto commentary, and his market views often focus on liquidity cycles, network adoption, and price peaks . While at the event, Pal said he would choose Solana if he had to pick between Solana and Bitcoin. This choice is mostly due to his belief of where the higher-growth opportunity sits as the crypto industry moves deeper into the AI era. Particularly, Pal linked the future of crypto to artificial intelligence and described crypto as the ‘Universal Basic Equity’ of the AI age. Pal’s preference was attributed to Solana’s high throughput and low transaction costs, which could make it better suited for machine-to-machine microtransactions, AI-based activity, and fast DeFi interactions. Bitcoin, by comparison, functions mostly as a monetary asset, but it was not designed as a high-frequency execution layer for millions of small automated transactions. AI Agents Important To Pal’s Solana Preference Pal also predicted that within five years, AI agents will constitute 60% of DeFi users, surpassing human users. This means that the DeFi niche could have three AI agents for every two human users. This idea gives more context to why Solana would appeal to Pal in a direct comparison with Bitcoin. AI agents would likely need networks that can process frequent, low-cost transactions, and this is a niche where Solana has been outperforming Ethereum in recent years. The idea that Solana might one day outpace Bitcoin in terms of growth is highly unlikely at this point, but it fits a wider theme that dominated Consensus 2026. The conference was heavily focused on AI agents, DeFi, tokenization, stablecoins, and institutional crypto infrastructure, with major players from firms such as JPMorgan and Citigroup in attendance. Arthur Hayes, Chief Investment Officer at Maelstrom, also offered an interesting take from the Consensus main stage. Hayes noted that crypto doesn’t need regulation and that it exists outside of the system, which is in contrast with the regulatory accommodation on display at the event. Still on the AI front, Kevin O’Leary also noted at the event the importance of AI with the US’s competition with other countries, while Ripple CEO Brad Garlinghouse also said the company is not thinking about AI as a tool to reduce headcount. Featured image from Bunq, chart from TradingView

Bitcoinist 2026-05-10 03:30
SEI looks ready to break $0.0694 resistance – Can bulls push toward $0.080?
Bulls regained control of SEI as tightening volatility signaled another decisive move ahead.

AMB Crypto 2026-05-10 03:00
Aave stabilizes liquidity after rsETH exploit – Are risks fully contained now?
How are the efforts to reshape market confidence going?

AMB Crypto 2026-05-10 01:00

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