blockchainbloom

The mission of blockchainbloom is to keep up-to-date and educate people about blockchain and cryptocurrency.

[0xSammy @0xSammy]

No wonder $ZEC nuked 25%, pretty wild to not know whether the token was mass printed

Privacy becoming a bug not a feature

TL;DR

i) Bug found: May 29, 2026 by Taylor Hornby (AI-assisted audit - Opus 4.8 showing us what it’s made of!) in Zcash’s Orchard shielded pool

ii) Issue: Under-constrained circuit (present since 2022) allowed unlimited undetectable counterfeit ZEC creation

iii) Response: Fully disclosed & fixed ecosystem-wide by June 2, 2026

iv) Exploitation risk: Unprovable due to privacy, but considered unlikely

v) Next steps (Shielded Labs):

New shielded pool + turnstile for verifiable supply

Hopefully there’s a clearer image in the coming days

[CryptosRus @CryptosR_Us]

OVER HALF OF BTC SUPPLY IS UNDERWATER

More than 50% of circulating Bitcoin is now at an unrealized loss.

That’s a key stress signal for $BTC holders and a potential capitulation marker if selling pressure keeps building... HODL ✊

[CryptosRus @CryptosR_Us]

ZCASH JUST DISCLOSED A CRITICAL BUG 🤯

⚠️ A researcher hired by Zcash found a vulnerability that could have created unlimited counterfeit ZEC
📅 The bug existed from May 2022 until it was patched on June 1, 2026
🔍 There is no way to prove whether it was exploited before the fix
🤔 Zcash says prior exploitation appears unlikely
🛡️ A proposed network upgrade would verify the integrity of the ZEC supply

📉 $ZEC is down sharply on the news.

[Bull Theory @BullTheoryio]

🚨BLOODBATH in Asian Markets

Over $750 BILLION wiped out from Asian stock markets.

SOUTH KOREA's KOSPI down 6.9% wiping out ₩503,700,000,000,000 ($345 BILLION)

TAIWAN's stock market down 4% erasing NT$6,240,000,000,000 ($198 BILLION)

JAPAN's NIKKEI down 2.4% erasing ¥34,300,000,000,000 ($206 BILLION)

[Ash Crypto @AshCrypto]

BREAKING: Michael Saylor's Strategy unrealized loss on BTC holdings has hit $10.98 BILLION, its HIGHEST ever.

Strategy started buying BTC at $12K, and now the price is at $62K, but still the company is down 17% on its Bitcoin position.

[Pledditor @Pledditor]

Charles basically telling $ADA holders it's over...

[Nic @nicrypto]

The scale of Bitcoin's collapse is WILD.

And this weekly chart shows it.

We broke through 73k, the crucial 70k & proceeded to melt through the 200w EMA.

We only just managed to bounce off the 200w SMA.

This is a CRUCIAL level to hold as we haven't broken it this the entire cycle!

$61.2k is the level to watch.

[Coin Bureau @coinbureau]

NO ONE IS PAYING ATTENTION TO THIS SIGNAL:

Bitcoin Dominance just crashed to 57.83%, its lowest level since September 2025.

Meanwhile, the Alts/Btc ratio has surged to a 15-month high, with altcoins outperforming BTC by 31% since May.

Altcoins have gained immense relative strength during Bitcoin's sharp decline from $83,000 to $61,000.

Are we at the end of the cycle?

[Crypto Rover @cryptorover]

🩸 WARNING: $BTC JUST BROKE THE MOST IMPORTANT LINE IN ITS HISTORY.

14 years of support. Gone.

That trendline survived Mt. Gox. 2018. COVID. FTX.

It just failed.

[Watcher.Guru @WatcherGuru]

JUST IN: Bitcoin 'Fear & Greed Index' falls to 11, extreme fear.

[Coin Bureau @coinbureau]

🚨 GOLD POSTS ITS LONGEST LOSING STREAK IN 4 YEARS

Gold has posted 3 straight red months and is now at risk of a 4th consecutive monthly decline, extending its longest losing streak since 2022.

[Coin Bureau @coinbureau]

🚨 BITCOIN ETFS HIT RECORD 12-DAY OUTFLOW STREAK

US spot Bitcoin ETFs saw another $519.19M in outflows on its 12th trading day, extending their longest-ever losing streak.

Total outflows now across the streak stand at $3.97B.

[Alex 👽 @AlexesNakamoto]

People are overthinking the 32 BTC sale.

“Why sell?”
“Why not just buy less next week?”
“Is this bearish?”

Michael @saylor already explained the logic:

• If Bitcoin can’t be sold, critics say it has no value.
• If it has no value, the balance sheet value is zero.
• If the balance sheet value is zero, credit rating agencies ignore it.
• So you sell a tiny appreciated portion to prove Bitcoin is liquid, valuable, and real.

[Coin Bureau @coinbureau]

🚨BITCOIN WHALES STOP BUYING AS MORE SUPPLY SITS IN LOSS

CryptoQuant says demand from major Bitcoin holders is slowing, with large holders no longer accumulating at the same pace.

Analyst Darkfost added that around 40% of BTC supply is now sitting at a loss within the current range-bound market structure.

At current prices near $73,700, that means roughly 40% of Bitcoin’s supply was bought at higher levels.

In simple terms: whale demand is cooling while more holders are underwater. Not the signal bulls want to see.

[Bull Theory @BullTheoryio]

BREAKING: Michael Saylor's Strategy just sold Bitcoin for the first time since December 2022.

The firm sold 32 BTC worth $2.5 million, ending a streak of 41 months of uninterrupted buying.

[Coin Bureau @coinbureau]

🚨 $1.42 BILLION exits spot $BTC ETFs this week, the 3rd LARGEST OUTFLOW EVER.

[Barchart @Barchart]

BREAKING 🚨: Japan

Japanese Crude Oil Reserves plunge by largest amount in history 📉📉

[The Kobeissi Letter @KobeissiLetter]

Key Events This Week:

1. May ISM Manufacturing PMI data - Monday

2. April JOLTS Job Openings data - Tuesday

3. May ISM Non-Manufacturing PMI data - Wednesday

4. Initial Jobless Claims data - Thursday

5. May Jobs Report - Friday

6. Total of 7 Fed Speaker Events This Week

This week is all about the labor market.

[Bull Theory @BullTheoryio]

BREAKING: Japan's NIKKEI surpassed 67,000 for the FIRST TIME in history, adding ¥19,200,000,000,000 ($120 billion) in market value today.

[Bull Theory @BullTheoryio]

BREAKING: The FBI just seized $8 billion in cryptocurrency, the largest government forfeiture in US history.

300 people arrested across 4 countries as part of a global crackdown on criminal networks that stole $7.5 billion from Americans last year alone.