hodler

31 May 2026, 17:40

Kraken ‘plans’ regulated perp contracts as rivals are quick off the blocks

In the wake of CFTC approval of perpetual futures contracts tied to the spot price of Bitcoin, Kraken expects to offer those to US institutional clients within "the next month."

31 May 2026, 17:30

Circle Blacklists Zama Protocol Address, Freezing $12.6M In User Funds – Details

Stablecoin issuer Circle has reportedly blacklisted a smart contract linked to privacy protocol Zama, freezing approximately $12.6 million in user funds. The development, first flagged by on-chain investigator ZachXBT, involves the protocol’s Confidential USDC (cUSDC) contract deployed on Ethereum seven hours before ban. The affected contract address had been publicly documented in Zama’s docs and visible on blockchain explorers, making the freeze both traceable and verifiable in real time. Zama’s Frozen Funds Draw Relationship To Overnight Finance And Legal Dispute According to further findings by ZachXBT, the freeze may be indirectly tied to recent controversy and legal issues surrounding the asset-management and yield-generating protocol Overnight Finance. Data shows that wallet address 0xf7fcc deposited roughly $12.4 million in USDC into the Zama contract on May 11, 2026. This wallet appears to be associated with Overnight Finance, which has recently been embroiled in governance tensions. Notably, token holders had alleged a possible rug pull by the development team. This resulted in a governance vote on the DeFi protocol to distribute its treasury assets. ZachXBT shared additional information suggesting that Overnight Finance is also facing a civil case in court. One of the plaintiffs in the protocol case is Patagon Management, a firm known in the DeFi space for engaging in aggressive governance strategies, such as hostile DAO takeovers/RFV raiding. While no direct causal link has been confirmed between Circle actions and these events, the overlap between legal proceedings, treasury movements, and the frozen funds has raised concerns about how interconnected DeFi protocols can expose unrelated users, i.e., Zama users in this case, to external risks. Circle’s Unilateral Action Sets Unwanted Precedent Circle’s freeze has also reignited criticism of transparency practices by centralized issuers. According to ZachXBT, the Zama team appears to have received no prior notice before the cUSDC contract was blacklisted. If confirmed, this would amplify growing concerns about unilateral enforcement actions affecting decentralized applications and their users without warning. Earlier in March 2026, Circle reportedly froze over 16 hot wallets associated with various entities without publicly explaining its rationale. The latest action, however, goes a step further by targeting a protocol-level contract where user funds are pooled, rather than isolated wallets. This distinction is significant because it raises questions about custodial risk in supposedly decentralized systems. At the time of reporting, Circle has not issued an official explanation for its unilateral action in freezing Zama’s cUSDC contract. Featured image from Shutterstock, chart from Tradingview

31 May 2026, 17:25

Solana drops 65 percent from its peak! What are technical experts warning about next?

🚨 Solana plummets by 65 percent from its recent peak. Trading volume in $SOL hits a major low, amplifying investor concerns. 📉 Technical signals point to further downside with possible support at $30. Continue Reading: Solana drops 65 percent from its peak! What are technical experts warning about next? The post Solana drops 65 percent from its peak! What are technical experts warning about next? appeared first on COINTURK NEWS .

31 May 2026, 17:23

Trump Crypto Vision: Immigration Order and Stablecoin Economy Set Stage for Bitcoin

A sweeping new executive order from President Donald Trump reshapes how millions of unbanked immigrants may interact with crypto and the US financial system, and who stands to benefit. Trump has recently signed an executive order “to restore integrity to America’s financial system,” directing federal regulators, including the Treasury Department, to tighten fraud screening and customer identification protocols for undocumented immigrants accessing financial services. The White House cited “gaps in customer identification practices” exploited by criminal networks. Crypto will fix the immigration issue, we won’t need borders anymore. I’ve been saying this for years, they let in all these immigrants so they can make the excuse for digital ID and digital currency . They will be forced out by starving them and no way to get paid. https://t.co/rvhfDb7ZdN — BitStrange (@Threadit_us) May 31, 2026 Policy analysts note the directive could functionally push a large, cash-dependent population further outside traditional banking, and toward crypto rails, stablecoins, and Bitcoin ATMs. It is, ironically, the same pressure that Eric Trump and Donald Trump Jr. have publicly cited as the origin story of World Liberty Financial: “We got into crypto because, out of necessity, we were debanked.” Trump immigration order could push undocumented migrants toward crypto, stablecoins On May 19, Trump issued an executive order tasking Treasury and federal regulators to tighten fraud screening and restrict credit lines for undocumented immigrants, citing national security… pic.twitter.com/Eclzn7ZEoG — NewsTongue (@NewsTongueX) May 31, 2026 Today, millions of people are being nudged out of legacy finance, which is, historically, a stablecoin growth event. Trump’s crypto-friendly posture has already shifted regulatory tone in Washington, and this order extends that dynamic into payments infrastructure, a long-term tailwind for digital asset adoption. Discover: The Best Crypto to Diversify Your Portfolio Can Bitcoin Price Break Its Resistance? Is Trump the Crypto President? Bitcoin bounced from a six-week low of $72,600 and has stabilized in the $73,400–$73,900 range, with nearest support at $73,400 and immediate resistance at $75,900. A clean break above that level opens the door to $78,000 and then $79,300, with Bollinger-band resistance capping the near-term upside around $81,200. Below support, deeper demand sits near $68,900. A prominent chart analyst flagged a rising-wedge breakdown with bearish RSI divergence on the daily timeframe, projecting a downside target near $69,700 and a larger bear-flag target as deep as $52,000, only invalidated on a sustained move above $91,300. Our in-house analyst expects a relatively contained range of $72,300–$75,700 in the near term. Bitcoin (BTC) 24h 7d 30d 1y All time If BTC could hold $73,400 and macro risk sentiment stabilizes, it could push through $75,900 toward $78k+. However, the most likely scenario for now is to see it range, consolidating between $72k–$76k as traders await Washington catalysts and US macro data. Discover: The Best Token Presales Bitcoin Hyper Targets Bigger Upside Than Bitcoin and Major Alts Like ETH, SOL, and XRP When Bitcoin chops sideways, the asymmetric upside tends to hide one layer down the stack. Infrastructure plays, particularly those that solve Bitcoin’s core limitations, attract attention precisely when BTC’s spot chart disappoints. That rotation logic is worth understanding right now. Bitcoin Hyper ($HYPER) is positioning itself as that infrastructure layer : the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, built to deliver sub-second finality and low-cost smart contract execution on top of Bitcoin’s security model. The pitch is direct. Hyper breaks through Bitcoin’s three core constraints of slow transactions, high fees, and no programmability without abandoning the trust layer underneath. The project has raised more than $32 million at a current presale price of $0.0136 , with 36% APY staking rewards active for early participants. A Decentralized Canonical Bridge on Hyper handles BTC transfers, keeping the architecture non-custodial. Research Bitcoin Hyper before the presale closes. The post Trump Crypto Vision: Immigration Order and Stablecoin Economy Set Stage for Bitcoin appeared first on Cryptonews .

31 May 2026, 17:14

116,500 rsETH exploited in Aave bridge flaw, $144 million recovered

🚨 116,500 rsETH was exploited using a bridge vulnerability on Aave. Over $144 million in rsETH collateral was recovered by a DeFi alliance. 🛡️ Listing rsETH as collateral brought bridge risks to Aave’s protocol. Continue Reading: 116,500 rsETH exploited in Aave bridge flaw, $144 million recovered The post 116,500 rsETH exploited in Aave bridge flaw, $144 million recovered appeared first on COINTURK NEWS .

31 May 2026, 17:02

Egrag Crypto: The Level XRP Must Surpass for Major Breakout

XRP continues to trade inside a critical consolidation zone, with crypto analyst EGRAG CRYPTO (@egragcrypto) arguing that the market structure points to re-accumulation rather than a trend reversal. In a recent post, he highlighted what he calls the “blue box,” a range where XRP has spent recent months compressing after its sharp rally earlier in the cycle. While several monthly candles show notable upper wicks, the analyst believes traders should focus on the overall structure rather than individual rejections. “The real signal is NOT the wicks,” EGRAG CRYPTO wrote, adding that traders should watch “HOW price exits the blue box.” #XRP – The Blue Box Is Speaking : Many are seeing the 3 upper wicks and screaming: “SELLERS IN CONTROL!” But the chart is telling a deeper story. Yes, upper wicks = rejection. BUT… Where is the aggressive breakdown? Where is the bearish expansion? Where is the… pic.twitter.com/u8EbvNwf2q — EGRAG CRYPTO (@egragcrypto) May 30, 2026 XRP Consolidates Above Major Support The chart shows the asset pulling back from its all-time high of $3.65 in 2025 before settling into a narrow trading range around $1.34. A key feature of the chart is the blue box, which marks the current consolidation area. XRP has remained within this zone despite repeated tests from sellers. At the same time, the price has remained well above the major support area near $0.78, which previously acted as resistance before the late 2024 breakout . EGRAG CRYPTO acknowledged the presence of upper wicks on recent candles but argued that the market has not shown signs of a major breakdown. Instead, he pointed to tight candle bodies, volatility compression, range holding, and weakening selling momentum as evidence that XRP continues to build structure above support. The chart reflects that view. Since peaking earlier in the cycle, XRP has moved sideways rather than entering a steep decline. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Why $1.80 Remains the Key Level According to the analyst, the next major signal will come from a decisive move outside the blue box. The chart highlights $1.80 as the primary upside trigger . That level sits above the current consolidation range and near a key resistance area. EGRAG CRYPTO stated that a break above $1.80 would mean the activation of XRP’s expansion phase. A successful breakout could shift attention toward the higher Fibonacci extension targets shown on the chart. Those levels sit at approximately $5.55, $6.91, and $9.46. What’s Next for XRP? For now, XRP remains trapped between support and resistance. A move above $1.80 would signal a break from the current consolidation pattern and could open the door to another expansion phase. On the downside, EGRAG CRYPTO identified lower support zones around $1.11 and $0.78 if the blue box fails to hold . Until XRP makes a decisive move, the analyst believes the market remains in a re-accumulation stage. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Egrag Crypto: The Level XRP Must Surpass for Major Breakout appeared first on Times Tabloid .