hodler

25 May 2026, 12:35

Bitmine now holds 4.37% of ETH, surpassing foundation

🚨 Bitmine controls 4.37% of all $ETH, overtaking the foundation. ETH/USD just tested $2,110, with resistance at $2,114 and support at $2,104. 📊 Key point: Institutional wallets now drive Ethereum market dynamics. Continue Reading: Bitmine now holds 4.37% of ETH, surpassing foundation The post Bitmine now holds 4.37% of ETH, surpassing foundation appeared first on COINTURK NEWS .

25 May 2026, 12:33

Bitcoin Continues Steady Decline: Is a Crash on the Horizon?

A steady decline of lower highs and lower lows over nearly three weeks has meant that the $BTC price is currently well back inside what is almost a 4-month long bear flag. With Bitcoin looking as though it may continue to subside, could the bears really take control and force this correction into a tailspin? Back into the channel or yet another rejection? Source: TradingView The short-term time frame for $BTC shows that the price is still bumping along below the descending channe l, having arrived at the underside of that channel once again. It is now up to the bulls to force the price back into the channel. If this does not happen, and the probabilities are for a rejection, the price would then fall through the ascending trendline and the next bearish phase could begin. If the bulls do surprise to the upside, the $78,000 resistance band overhead, together with the 200 SMA , are another obstacle to further price appreciation. Lending their signal to the bear case are the short-term Stochastic RSI momentum indicators. The 4-hour, 8-hour, and 12-hour indicators are right at the top of their range and therefore they are not far away from signalling negative price momentum as they roll over and come back down. Golden cross coming soon Source: TradingView The negative picture for the daily time frame is that the 200-day simple moving average (SMA) is coming down, to all intents and purposes to force the $BTC price back down. If another lower low is made, the current bearish phase will probably continue. In the RSI at the bottom of the chart, the indicator line has clearly dropped out of the last ascending channel and might be about to be rejected from the RSI-based moving average line (in yellow). All that said, the 50-day SMA is rising fast and is only a matter of a week or so away from crossing above the 200-day SMA, which would be a “golden cross” . Could this be the golden cross that initiates the next bull market? Bottom of the bear market to take place below 200-week SMA Source: TradingView The weekly chart with the main moving averages gives us food for thought. First, it must be noted that the current bear flag has been redrawn with a much sharper ascending angle, allowing for the price action to still be contained within. This would mean that the $BTC price would not have as far to go in order to drop out of the bottom. The 200-week, 100-week, and 50-week simple moving averages are still in their bull market order, with the 50-week above, the 200-week below, and the 100-week sandwiched between. However, it can be noted that the 50-week is falling quickly and is likely to fall below the 100-week in the next few weeks. That said, it still has a long way to go to get below the 200-week SMA, which was last achieved shortly into the new bull market early in 2023. As can be seen, it was around the 200-week SMA where most of the bottom price action of the last bear market took place. It would not be a surprise if this happened again, especially considering the 53 and 54 week lengths of the last two bear markets. So far in this bear market we are only out to 33 weeks. 54 weeks would take the end of this bear market out to mid-October. If this is going to be the case, it would be imagined that the current $60K bottom would be tested. The MACD indicator at the foot of the chart is showing a series of slightly shorter light green bars in the histogram. Are these bars going to turn red again, signalling more downside? Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

25 May 2026, 12:30

Trader Opens $100M ETH Short at 23x Leverage on Hyperliquid With Liquidation Just 2% Away

A tracked onchain wallet has opened a 23x leveraged short position on ether worth $100.33 million via Hyperliquid, with the trade facing automatic liquidation if ETH climbs just $41 from its entry price. A Nine-Figure Bet Against Ether Wallet address 0x50b3 opened a 23x leveraged short on 47,604 ether ( ETH) at an implied entry

25 May 2026, 12:25

Bhutan Sells $900M in Bitcoin Over 11 Months at Average Price of $98K, On-Chain Data Shows

BitcoinWorld Bhutan Sells $900M in Bitcoin Over 11 Months at Average Price of $98K, On-Chain Data Shows The Royal Government of Bhutan has gradually sold approximately 9,180 Bitcoin (BTC) over the past 11 months, generating around $900 million in proceeds, according to on-chain data tracked by blockchain analytics firm EmberCN. The average selling price across these transactions was calculated to be roughly $98,067 per Bitcoin. Timeline of Bhutan’s Bitcoin Sales Data from EmberCN reveals that Bhutan’s Bitcoin holdings peaked at roughly 12,200 BTC in early 2025, coinciding with the cessation of the country’s state-backed mining operations. The government reportedly began its divestment process in earnest in June of the same year, executing a series of transactions over the subsequent months. Current Holdings and Market Context As of the latest on-chain data, the Bhutanese government holds approximately 3,021 BTC, valued at around $234 million at current market prices. This sale represents a significant reduction from the country’s peak holdings and provides a rare window into how a sovereign nation manages a large, publicly known cryptocurrency reserve. The average sale price of $98,067 is notable, as it is below Bitcoin’s all-time high, but still represents a substantial profit relative to the likely acquisition costs from mining operations. Implications for the Crypto Market Bhutan’s systematic sale of a large Bitcoin position over an extended period offers several key takeaways for market observers. First, the gradual nature of the sales likely minimized market impact, preventing a sharp price decline that a single large dump could cause. Second, the move provides a case study for other nations or institutions holding significant crypto assets, demonstrating a methodical approach to liquidation. Finally, the fact that the sales were tracked via on-chain data highlights the transparency of the Bitcoin blockchain, allowing for public verification of government transactions. Conclusion Bhutan’s $900 million Bitcoin sale, executed at an average price of $98,067 over 11 months, marks a significant chapter in the country’s foray into digital assets. While the government has substantially reduced its holdings, it still retains over 3,000 BTC. The methodical, publicly traceable nature of these transactions provides valuable data for analysts and underscores the unique transparency of on-chain markets. FAQs Q1: How much Bitcoin did Bhutan sell? A1: According to on-chain data from EmberCN, Bhutan sold approximately 9,180 BTC over 11 months. Q2: What was the average price Bhutan received for its Bitcoin? A2: The average selling price across all transactions was calculated to be around $98,067 per Bitcoin. Q3: How much Bitcoin does Bhutan still hold? A3: As of the latest data, the Bhutanese government holds about 3,021 BTC, valued at approximately $234 million. This post Bhutan Sells $900M in Bitcoin Over 11 Months at Average Price of $98K, On-Chain Data Shows first appeared on BitcoinWorld .

25 May 2026, 12:23

Dogecoin tests key support as rally awaits clear breakout

🚨 $DOGE is retesting a long-term support that sparked previous rallies. Analysts warn a real surge requires a strong breakout above this level. 🧐 Critical data shows DOGE’s past bounces from here led to major upward moves. Continue Reading: Dogecoin tests key support as rally awaits clear breakout The post Dogecoin tests key support as rally awaits clear breakout appeared first on COINTURK NEWS .

25 May 2026, 12:08

Kalshi’s $454M Crypto Volume Week Marks Complete Reversal of Polymarket’s Early-2026 Lead

At the start of this year, Polymarket was the dominant prediction market platform when it came to crypto-themed event contracts. Across the two largest prediction markets right now, Polymarket dominated the market share here with 91.11% in the first week of January. Roughly five months later, this command has flipped almost entirely in Kalshi’s favour. In week ending May 17, data from Artemis shows that Kalshi drew in $454.2 million in weekly crypto-category spot volume (a new all-time high) versus Polymarket’s $297.1 million, a 60.45% to 39.55% split on a combined $751.3 million week. The tilt in volume dominance within this category has been noticeable since February, and with each passing week, Kalshi is seemingly tightening its grip. This is not a story about a platform building a better product per se. Kalshi’s crypto markets winning at the moment is the same reason why its sports category is outpacing its rival. The regulated in the U.S. angle is a major reason for this swing. To compound this, over the last quarter, Polymarket has faced various regulatory battles that haven’t helped their volumes as well. How the Share Inverted in Five Months Kalshi’s first foray into crypto-based event contracts with noticeable volume came in and around the third quarter of 2024. After reaching a market share of 37.85% in November 2024, their share remained relatively flat throughout 2025 and did not cross 25% dominance in this category. Looking at the Artemis chart, the trend broke around February this year and since then, weekly crypto spot volume has gone vertical for Kalshi. Polymarket, meanwhile, hasn’t lost volume in absolute terms, it’s just stopped growing. Holding $297M while Kalshi added an extra $400M of weekly turnover is the kind of stagnation that only looks bad in relative terms, and relative terms are what matters when you’re competing for the same liquidity. TRON, Coatue and the CNN/CNBC Push A few specific catalysts pulled the curve up. The TRON integration in December last year opened native USDT deposits directly into Kalshi accounts, which removed a big chunk of the friction that had previously pushed crypto-native traders toward Polymarket by default. The Coatue-led $1 billion raise at a $22 billion valuation then bankrolled an aggressive distribution push, with Kalshi event contracts now sitting inside Robinhood and WeBull where they’re being served to retail flow that has never touched a prediction market before. The CNN and CNBC partnerships added the final piece by giving Kalshi’s pricing a mainstream finance broadcast channel that Polymarket, as an offshore platform, structurally can’t match. Crypto markets on Kalshi are now quoted alongside equity products in places where retail discovers them passively, rather than having to seek them out. Polymarket’s Regulatory Quarter Did the Rest Polymarket has carried a much heavier regulatory load than Kalshi. The India block cut off a major user base, the Rhode Island AG suit added another state-level challenge, and even the shared blows, the House Oversight probe and the Ninth Circuit ruling on Nevada, land harder on a platform with offshore structure and a weaker US compliance posture. Each individually would be manageable. Stacked together, they create exactly the kind of jurisdictional uncertainty that pushes institutional and risk-averse retail volume toward the CFTC-regulated alternative sitting right next door. The 91% to 39% inversion lines up almost perfectly with this regulatory pressure window. Coincidence is possible, but the timing makes the cleaner explanation hard to ignore. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .