Bitcoin diverges from stock market as market watches for “Golden Cross” technical signal
May 27: During Tuesday’s Asian trading session, Bitcoin briefly dipped to around $75,500, a notable divergence from global stock markets that have been sustaining all-time highs. Analysts are closely tracking whether BTC’s chart will form the "Golden Cross" technical pattern—where the 50-day moving average crosses above the 200-day moving average. If Bitcoin can convincingly break through key moving average resistance levels before this cross is confirmed, it could unlock additional upside potential; if not, the current consolidation phase is likely to persist.
On the fund flow front, U.S. spot Bitcoin ETFs have recorded roughly $1.74 billion in outflows over the past two weeks, while retail leveraged positions continue to climb. Market concerns are growing that another pullback could trigger widespread liquidations.
As for other major cryptocurrencies, XRP, ETH, and SOL saw minor declines, with ZEC dropping 9% in a single day. HYPE, meanwhile, rallied 1.4% against the trend, pushing
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India Tests Financial and Government Key Systems to Address Mythos Model Risk
May 27 — Indian officials announced that the country is currently testing some of its most sensitive public-facing financial and government applications to assess their potential vulnerabilities when exposed to Anthropic’s next-generation AI model, Mythos. Tech giants including Infosys and Tata Consultancy Services are evaluating their software’s security against Mythos in secure, controlled environments.
Additionally, officials revealed that India’s national cybersecurity agency CERT-In is also conducting tests on critical digital infrastructure, such as the Aadhaar national identification system and government login platforms. Because these firms do not yet have direct access to Mythos, they are leveraging Anthropic’s Claude Opus 4.7 model to patch identified vulnerabilities. Sources added that the Reserve Bank of India has held multiple meetings with domestic banks, cautioning them to stay alert to risks linked to Mythos.
Last month, Indian Finance Minister Sitaraman stated th
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SK Hynix's stock price soared over 13%, pushing its market capitalization to around $1.11 trillion
May 27 – Per market data from Bitget, SK Hynix’s share price has extended its advance to 13.45%, pushing the semiconductor maker’s market capitalization to 165.7 trillion South Korean won, or approximately $1.11 trillion.
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Former Ethereum Core Developer: ETH Has Seriously Underperformed the Market for Years, But Saw Significantly Higher Gains After Reducing Holdings in the Past Two Years
May 27th, former Ethereum core developer Eric Conner commented on the incident titled "Bankless Founder's Confession: Why I Sold ETH?" He said he doesn't blame the Bankless founder at all, pointing out that Ethereum (ETH) has significantly underperformed the broader cryptocurrency market for years. Conner also revealed that he has cut his ETH holdings drastically over the past 1 to 2 years, and all the funds he reallocated into other assets have delivered far stronger returns than ETH.
Conner added that ETH's prolonged weakness likely isn't rooted in fundamental flaws, but rather its early price rally was too sharp, generating massive wealth in an extremely short period. As a result, the market needs a long time to absorb selling pressure from early holders.
He further stated that adopting a "maximalist" mindset toward a single cryptocurrency in portfolio management is not rational. "The market doesn't lie—there's no need to trade against the trend, and if a coin regains momentum, yo
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CNN: American Public Loses Patience with Iran War, Trump Lacks 'Graceful Exit' Plan
**U.S. Public Support for U.S.-Iran War Dwindles as Conflict Drags On: CNN Analysis**
May 27 — A CNN analysis finds that as tensions between the U.S. and Iran persist, American public backing for military action is steadily declining. Growing numbers of voters are pushing for an immediate end to U.S. military involvement in the standoff, even if that means skipping a nuclear deal with Iran.
Multiple polls show a majority of Americans view the war as "not worth its cost," citing worries that the conflict will raise terrorism risks, damage U.S. global relationships, and destabilize the Middle East. Separately, market participants have lost faith in the Trump administration’s ability to effectively block Iran’s nuclear development.
Trump once outlined hardline, uncompromising demands — including a goal of Iran’s "unconditional surrender" — but recent negotiation terms have softened significantly. Analysts blame this shift on Trump’s failure early in the conflict to lay out a clear
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Sandi's May average target price has risen to $2,125, representing a 33.7% upside from the current price.
**Date: May 27**
**SanDisk Technology Secures Bullish Analyst Upgrades in May**
Per a recent analyst research note, SanDisk Technology has earned bullish ratings and upward price target revisions from several top investment banks during May.
Key adjustments include a $2,350 target from Melius, a $2,025 target from Citi, and a $2,000 target from Susquehanna. Collectively, these May updates push SanDisk’s average share price target to $2,125.
Against SanDisk’s current trading price of $1,589.55, this average target implies a 33.7% upside—reflecting strong market confidence in the company’s long-term outlook.
Broader analyst data shows 18 research reports covering SanDisk have set a price target range of $1,000 to $2,350, with a median target of $1,400. The $2,125 May-upgraded average target notably exceeds this median level.
The bullish revisions are driven by widespread industry optimism about the storage sector’s growth cycle, fueled by surging demand for high-end stor
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