News
28 May 2026, 10:44
Crypto slides on Hormuz airstrikes as $897 million in long liquidations pile up

BTC dropped to its lowest since April 13 and ETH broke below $2,000 as U.S. airstrikes stoked inflation concerns, wiping out nearly $900 million in leveraged longs.
28 May 2026, 10:43
Good or Bad? Cardano Whales Control 67.5% of the Total ADA Supply

Cardano (ADA) has crashed more than 70% in the past year. In 2026 alone, the crypto asset has lost 30% of its value. Multiple attempts to break above the $0.25 level have failed. Even so, millionaire ADA wallets have been steadily accumulating the asset, which suggests that some large holders remain active despite the decline. ADA Millionaire Wallets Reach Record Levels Wallets holding at least 1 million tokens have collectively increased their holdings to 25.11 billion ADA. According to Santiment, this is the highest level recorded since December 2017. These wallets now control 67.5% of the total ADA supply, which is the highest concentration since July 2020. The analytics platform found that the accumulation by large holders is generally seen as a sign of confidence from key stakeholders with significant exposure to the crypto asset. Santiment added that, as a long-term indicator, the trend could be viewed as bullish for investors willing to hold patiently. The renewed accumulation comes at a time when Cardano is still battling long-running concerns around its ecosystem growth. Critics often argue that the network has struggled to build the same level of ecosystem traction seen among its peers. For instance, earlier this month, crypto analyst Ali Martinez questioned Cardano’s long-term strength, as he argued that the network’s actual activity remains small compared to its multibillion-dollar valuation. He pointed out that Cardano’s DeFi ecosystem has never crossed $1 billion in total value locked and still trails far behind rivals like Ethereum, while newer chains such as SUI have already seen stronger usage. Martinez also said Cardano has yet to establish a clear niche that consistently draws developers, users, and capital. He added that the blockchain’s research-focused approach has slowed feature rollouts. Meanwhile, other market experts expressed skepticism over whether Cardano is among the most overvalued blockchain networks in crypto. According to DeFiLlama, Cardano’s TVL has fallen below $125 million at the time of writing, down 82% from nearly $721 million in November 2024. Weak Chart Trader ‘Val Me’ described Cardano’s chart as “very sad looking,” while adding that ADA remains weak on the higher time frame despite trading near a crucial support zone around $0.22. She said the asset could either bounce from current levels or briefly take out the equal lows before recovering. The analyst identified a possible move toward $0.50, though she suggested that the rally could simply form a lower high before a retest of the support zone. She added that only if ADA later holds a higher low would she begin considering the more bullish scenario, which projects a potential move toward $1.35. However, she stressed that such a scenario is still an overstatement at this stage. The post Good or Bad? Cardano Whales Control 67.5% of the Total ADA Supply appeared first on CryptoPotato .
28 May 2026, 10:41
Bitcoin Falls to Its Lowest Level in More Than 6 Weeks

28 May 2026, 10:39
Bitcoin Slips Under $73K as Crypto Liquidations Near $1B

The near-$1 billion crypto liquidation spree comes amid rising tensions over the U.S.-Iran conflict and ETF outflows.
28 May 2026, 10:35
Santiment Warns Excessive ETH Dip-Buying Optimism May Signal Further Declines

BitcoinWorld Santiment Warns Excessive ETH Dip-Buying Optimism May Signal Further Declines On-chain analytics firm Santiment has issued a cautionary note regarding Ethereum, suggesting that the prevailing market sentiment around the asset may not yet signal a bottom. According to the firm, the current enthusiasm for buying the dip could precede additional short-term price declines, even after ETH fell below $2,000 for the first time since March. Santiment’s Analysis: Optimism Amid a Drop In a recent market update, Santiment observed that while sharp price drops typically generate fear, uncertainty, and doubt (FUD) among investors, the current mood surrounding Ethereum is notably different. Instead of panic, a growing number of market participants are expressing a belief that the decline represents a buying opportunity. Santiment warned that when investor sentiment becomes overly optimistic during a downturn, prices often continue to fall. The firm stated that a more genuine buying opportunity may arise only when widespread fear and capitulation become evident in the market. This contrarian view is based on historical patterns where crowd sentiment tends to be wrong at key turning points. Context: Ethereum Below $2,000 Ethereum’s price slipped below the $2,000 threshold earlier this week, a level not seen since March. The decline comes amid broader market uncertainty, regulatory headwinds, and shifting macroeconomic conditions. While some traders view the drop as a discount, Santiment’s data suggests that the lack of genuine fear could delay a sustainable recovery. The on-chain platform’s analysis focuses on social media chatter and trading behavior, measuring the ratio of bullish to bearish posts. Currently, the data indicates a tilt toward dip-buying expectations rather than panic selling, which historically has preceded further downside before a true bottom forms. Why This Matters for Traders For retail and institutional investors, Santiment’s warning serves as a reminder that sentiment extremes often mark turning points. When the majority expects a rebound, the market may move in the opposite direction. Traders should monitor whether the current optimism shifts to genuine fear, which could present a more favorable entry point. The analysis does not predict a specific price target but emphasizes that emotional cycles play a significant role in short-term price action. As always, combining sentiment data with fundamental and technical analysis provides a more complete picture. Conclusion Santiment’s latest report highlights the risks of following crowd sentiment during a market decline. While Ethereum’s drop below $2,000 has attracted dip buyers, the lack of widespread fear suggests the correction may not yet be over. Investors are advised to exercise caution and wait for clearer signs of capitulation before increasing exposure. FAQs Q1: What does Santiment’s analysis indicate about Ethereum’s price? Santiment suggests that excessive dip-buying sentiment could signal further short-term declines, as markets often move contrary to crowd expectations. Q2: Why is Ethereum’s price below $2,000 significant? The $2,000 level is a key psychological and technical support zone. Falling below it for the first time since March indicates increased bearish pressure and market uncertainty. Q3: How can investors use sentiment data in trading? Sentiment data, such as the ratio of bullish to bearish social media posts, can help identify extreme emotions. When optimism is high during a drop, it may indicate the market hasn’t bottomed. Genuine fear often precedes a more sustainable recovery. This post Santiment Warns Excessive ETH Dip-Buying Optimism May Signal Further Declines first appeared on BitcoinWorld .
28 May 2026, 10:33
Dogecoin price approaches $0.08 long-term channel support

🚨 Dogecoin price approaches the $0.08 long-term support region. Analysts say $DOGE is at a key point for potential rally or decline. ⚡ Critical data: Channel support has triggered rallies in the past. Continue Reading: Dogecoin price approaches $0.08 long-term channel support The post Dogecoin price approaches $0.08 long-term channel support appeared first on COINTURK NEWS .











































