hodler

26 May 2026, 11:30

Kraken’s ETH Deposit Highlights Restaking Paradox: Eigencloud’s $6.5B TVL vs EIGEN’s 96% Price Decline

Crypto exchange Kraken has deposited ether into Eigencloud, the leading restaking protocol on the Ethereum network, even as the platform’s native EIGEN token trades roughly 96% below its all-time high despite holding over $6.5 billion in total value locked. Kraken Deposit Signals Institutional Interest in Ethereum Restaking Kraken, one of the largest U.S.-based cryptocurrency exchanges,

26 May 2026, 11:26

Bitcoin network activity crashes 40%

Bitcoin’s ( BTC ) on-chain activity has declined sharply, with the number of active addresses dropping by nearly 40% over the past two weeks amid ongoing price consolidation. Indeed, Bitcoin active addresses have fallen from approximately 821,000 to 494,000, a 39.8% decrease, according to Glassnode data shared by Ali Martinez in an X post on May 26. This metric reflects the number of unique addresses that participate in transactions as senders or receivers and indicates reduced network engagement during sideways price movement. Bitcoin price analysis chart. Source: Ali Martinez The slowdown in network activity is widely seen as a healthy reset that flushes out short-term speculative participants. As weaker hands step back, Bitcoin supply becomes increasingly concentrated among long-term holders with stronger conviction. This shift can reduce selling pressure and strengthen the network’s foundation for future growth. Historically, declining active addresses during consolidation phases have often aligned with accumulation periods before major upward moves, as reduced short-term noise allows genuine demand to build. However, prolonged low engagement could also reflect weakening momentum, increasing the risk of deeper corrective dips if key support levels fail. Bitcoin’s potential crash Indeed, the insight comes as the cryptocurrency continues to face consolidation below the $80,000 mark. The asset remains well below its all-time high of over $126,000 from late 2025, reflecting a broader market reset phase following significant prior gains. Interestingly, there are concerns that Bitcoin could see further losses in the coming days. In this line, as reported by Finbold, economist Henrik Zeberg warned that Bitcoin’s current rebound may only be a temporary “B-wave” bounce before a severe market crash. Zeberg projected that Bitcoin could still rally toward the $100,000 region as investor sentiment turns “extremely bullish.” However, he cautioned that the move may mark the final phase of the current cycle before a sharp reversal. The bearish outlook was supported by technical indicators, including a monthly RSI bearish divergence and a potential MACD bearish crossover, patterns that previously appeared before the 2018 and 2022 Bitcoin bear markets. While Bitcoin remains resilient near $77,000, Zeberg warned traders to enjoy the bounce but “get out in due time” ahead of what he described as a potentially “horrendous” crash. Bitcoin price analysis By press time, Bitcoin was trading at $77,363, having posted modest gains of about 0.5% over the past 24 hours. Bitcoin seven-day price chart. Source: Finbold Overall, Bitcoin is showing a mixed but stabilizing technical outlook as the asset trades slightly above its 50-day simple moving average ( SMA ) of $76,955, suggesting short-term momentum remains intact, and buyers are still defending near-term support levels. However, Bitcoin remains below its 200-day SMA at $80,439, indicating the broader trend is still facing resistance and the market has not fully regained long-term bullish strength. Meanwhile, the 14-day Relative Strength Index ( RSI ) stands at 48.16, placing Bitcoin in neutral territory and signaling that the asset is neither overbought nor oversold. The post Bitcoin network activity crashes 40% appeared first on Finbold .

26 May 2026, 11:25

Wintermute Identifies $75K-$76K as Critical Bitcoin Support Level Amid Institutional Shift

BitcoinWorld Wintermute Identifies $75K-$76K as Critical Bitcoin Support Level Amid Institutional Shift Cryptocurrency market maker Wintermute has pinpointed a crucial support zone for Bitcoin between $75,000 and $76,000, offering a measured outlook as the broader market navigates a period of relative weakness. The firm noted that while the overall market structure has not completely broken down, the coming days will be pivotal in determining Bitcoin’s short-term trajectory. Market Context and Institutional Activity Wintermute’s analysis comes at a time when the macroeconomic environment has shown signs of improvement, with recent declines in oil prices and stable U.S. Treasury yields providing a more favorable backdrop for risk assets. However, the crypto market has underperformed relative to U.S. equities, highlighting a divergence that has caught the attention of analysts. A key factor behind this underperformance, according to Wintermute, is the significant outflow of institutional capital from spot Bitcoin ETFs. Over the past two weeks, these products have seen more than $2 billion in net outflows. The firm suggests that institutional investors may be reallocating capital toward AI-related equities, which have captured considerable market attention and momentum. Price Outlook and Key Levels Looking ahead, Wintermute outlined two primary scenarios for Bitcoin’s price action. If the $75,000 to $76,000 support zone holds, a retest of the $80,000 level is plausible in the near term. This would signal that buyer interest remains sufficient to absorb selling pressure at current levels. Conversely, a decisive break below this support could open the door to a deeper correction, with the next major demand zone lying between $70,000 and $72,000. Wintermute emphasized that the market structure, while under pressure, has not yet fully deteriorated, leaving room for a potential recovery if support holds. Why This Matters for Investors For traders and long-term holders alike, the $75,000 to $76,000 range represents a critical inflection point. The zone has historically acted as both resistance and support, and its ability to hold under current selling pressure will likely determine whether Bitcoin can stabilize or enter a more prolonged downtrend. The shift in institutional flows toward AI equities also underscores a broader rotation in risk appetite that could have lasting implications for crypto markets. Conclusion Wintermute’s assessment provides a data-driven framework for understanding Bitcoin’s current position. The next few trading sessions will be crucial in determining whether the $75,000-$76,000 support holds and whether Bitcoin can regain upward momentum. Investors should monitor ETF flow data and broader market sentiment for further clues. FAQs Q1: What is the significance of the $75K-$76K level for Bitcoin? A1: Wintermute identifies this range as a key support zone where buying interest has historically been strong enough to prevent further declines. If it holds, Bitcoin could retest $80,000. Q2: Why are Bitcoin ETFs seeing outflows? A2: Wintermute notes that over $2 billion has flowed out of spot Bitcoin ETFs in the past two weeks, with institutional capital potentially rotating toward AI-related equities, which have shown stronger momentum. Q3: What happens if Bitcoin breaks below $75,000? A3: A break below this support could lead to a retest of the $70,000 to $72,000 range, which would represent a deeper correction. Wintermute cautions that the market structure has not completely broken down, but the risk of further downside increases if support fails. This post Wintermute Identifies $75K-$76K as Critical Bitcoin Support Level Amid Institutional Shift first appeared on BitcoinWorld .

26 May 2026, 11:23

Hyperliquid Just Launched Prediction Markets to Take On Polymarket: Is HYPE About to Hit $100?

Hyperliquid just expanded its trading stack in a move that few DEXs have attempted at scale. The decentralized exchange launched canonical prediction markets for offchain events on May 25, with the first contract tied to the U.S. May CPI year-over-year figure going live at 20:00 UTC. $12,800 in open interest and $10,300 in 12-hour trading volume on day one, small in absolute terms, but a sharp signal that traders showed up immediately. Validators run automated newsfeed software that handles market publication and settlement voting, removing the manual bottleneck that plagues legacy prediction platforms. Hyperliquid Launches Canonical Prediction Markets Based on Offchain Events Hyperliquid announced that it now supports canonical outcome markets based on offchain events. These markets are published by automated newsfeed software run by validators as part of their regular node… pic.twitter.com/Ox0yrn9EBm — Wu Blockchain (@WuBlockchain) May 26, 2026 The markets are built on Hyperliquid’s HIP-4 standard and settle in Circle’s USDC. The second contract targets the June federal funds rate decision, macro traders take note. When Hyperliquid first floated the prediction market concept in February, HYPE surged 20% on the announcement alone. This launch puts Hyperliquid in direct competition with Polymarket, and the timing, coinciding with elevated macro uncertainty around Fed policy, could not be more deliberate. The broader market implications are still unfolding. Discover: The Best Crypto to Diversify Your Portfolio Can HYPE Price Break Out Toward $100 After the Prediction Market Catalyst? HYPE’s reaction to the February prediction market announcement, a 20% spike in a single session, set a high bar for the actual launch. Whether the live product triggers a comparable move depends on liquidity depth and contract expansion over the next 72 hours. The data points to a market that is watching closely rather than reacting blindly. Source: Hyperliquid / Tradingview Delphi Digital framed the broader thesis in a December research report: “What’s different now is that the stack is finally mature enough for true crypto superapps to exist without being limited to the wallet form factor.” Hyperliquid is already at an all-time high, and a lot of traders are expecting this massive rally to continue toward $100 next. Whether that happens or not still depends on the broader market. LiquidChain Targets 1000x Upside as Hyperliquid Validates On-Chain Infrastructure Demand Hyperliquid’s prediction market launch confirms one thing above the noise: on-chain financial infrastructure is attracting serious capital and developer attention. That rising tide is also lifting earlier-stage infrastructure plays, and for traders watching Hyperliquid’s valuation ceiling, the asymmetry at current prices may be narrower than what’s coming out of the presale. LiquidChain ($LIQUID) is a Layer 3 infrastructure project building what it calls the Cross-Chain Liquidity Layer, a single execution environment that combines Bitcoin, Ethereum, and Solana liquidity. The project’s Unified Liquidity Layer enables single-step execution across all three ecosystems, while its Deploy-Once Architecture means developers write one contract and access the full stack (a genuinely underappreciated efficiency gain). The presale is live at $0.01463 per $LIQUID, with $807,965.95 raised to date, approaching the $1M milestone. Verifiable settlement and cross-chain composability are the core differentiators. Presale assets carry significant risk, including illiquidity and no guarantee of exchange listing. Visit LiquidChain here before the round closes. Discover: The Best Token Presales The post Hyperliquid Just Launched Prediction Markets to Take On Polymarket: Is HYPE About to Hit $100? appeared first on Cryptonews .

26 May 2026, 11:22

Bitcoin eyes $81,000 target as key support holds

🚨 Bitcoin hovers above $74,943 as investors target $81,000. Short-term support levels in $BTC are being closely watched. Continue Reading: Bitcoin eyes $81,000 target as key support holds The post Bitcoin eyes $81,000 target as key support holds appeared first on COINTURK NEWS .

26 May 2026, 11:22

Why is XRP stuck below $1.38 despite signs of whale buying?

XRP has managed a mild recovery after briefly slipping toward the lower end of its short-term range. At press time, the token was trading around $1.35, down 0.7% over the past 24 hours. Despite the slight bounce, broader momentum remains bearish. XRP is down 2.6% over the past 7 days, 8.0% over 14 days, and 5.6% over the last month, showing that recent recovery attempts have not yet shifted the wider trend. On a yearly basis, the asset is still trading about 42.5% lower, highlighting that the longer-term structure remains under pressure even as short-term stabilisation emerges. XRP stuck in consolidation The latest price movement reinforces a clear technical pattern: XRP continues to trade within a compressed range. The 7-day structure shows movement between $1.31 and $1.38, while the broader consolidation zone remains between $1.30 and $1.55. XRP price in a tight consolidation phase This has created a market environment where both buyers and sellers are struggling to establish control. During the most recent dip, XRP briefly tested the $1.33 support area, which has now acted as a short-term floor. Bulls stepped in around this level, preventing further decline and pushing the price back toward $1.35. However, upside movement has been limited, with repeated rejection near $1.36, suggesting that immediate resistance is already forming at the top of the current intraday range. Trading activity remains steady, with 24-hour volume at approximately $1.19 billion, indicating consistent participation but no strong breakout momentum. The lack of expansion in volume aligns with the tight price structure, where volatility remains compressed and directional conviction is limited. Sentiment shifts toward fear as accumulation signals persist Market sentiment around XRP has tilted toward caution, with fear returning after recent attempts to stabilise. Social sentiment data shows a near-balanced ratio of roughly 1.1 bullish comments for every bearish comment, a level often associated with uncertainty rather than conviction. This type of sentiment environment has historically appeared during consolidation phases rather than established uptrends. At the same time, several on-chain signals suggest that larger market participants have not fully exited positions. Significant XRP outflows from major exchanges, including Binance , have been recorded, indicating that some holders are moving assets into longer-term storage rather than selling into short-term weakness. These flows have been interpreted by market participants as signs of accumulation during periods of low sentiment. XRP price forecast The current structure places immediate attention on a narrow technical zone. Resistance is forming between $1.36 and $1.38, while stronger resistance remains near $1.45 to $1.50, a level that has repeatedly capped upside attempts. A sustained move above the upper boundary would be required to signal a stronger directional shift. On the downside, the $1.33 level remains the nearest support and has already been tested during recent trading. A break below this level would expose the broader support zone around $1.30, which has been repeatedly highlighted as a key threshold for maintaining the current consolidation structure. The post Why is XRP stuck below $1.38 despite signs of whale buying? appeared first on Invezz