hodler

24 May 2026, 09:55

1 Major Reason Cardano Creator Audits 11,000 DAOs Is Governance

Facing $517 daily revenue, Cardano's creator audits 11,000 external DAOs to rewrite the network's constitution and defuse a growing developer rift.

24 May 2026, 09:45

Ripple Backs $6M Squid Raise to Push XRP Ledger Into More Than 100 Blockchains With $6B Routed Volume

Ripple’s $6M Bet on Squid Signals a Bigger XRP Ledger Interoperability Push Ripple has deepened its push into cross-chain infrastructure with a $6 million investment in Squid , a routing protocol already spanning more than 100 blockchains and processing over $6 billion in routed transactions. Other key investors in the funding include Dialectic, Borderless, Scenius Capital, Altos, and Arche Capital. The move goes beyond a typical funding round. It signals Ripple’s intent to embed the XRP Ledger (XRPL) into the emerging interoperability layer that is steadily reshaping how blockchains connect and exchange value. Squid’s core innovation is its intent-based execution model, which removes the need for manual bridging. Instead of users moving assets step by step between networks, they simply define what they want to do, and the system automatically handles routing, liquidity sourcing, and settlement through market makers and Trusted Execution Environments. What is the result? Well, a smoother experience where a single transaction can move across ecosystems like Ethereum, Solana, Bitcoin, Cosmos, and XRPL without friction or platform switching. Ripple’s XRPL Ecosystem Comes into Play For Ripple, the investment reflects a broader strategy of positioning XRPL not as a standalone ecosystem, but as a settlement and liquidity layer within a multi-chain environment. As interoperability becomes the industry standard, value is shifting toward protocols that unify fragmented liquidity rather than compete in isolation. Squid’s traction, millions of transactions and growing enterprise interest, suggests that demand for seamless cross-chain execution is already material. As a result, the new funding is expected to accelerate its move toward more consumer-facing applications, making cross-chain activity increasingly invisible to end users. At a wider level, the direction is becoming clear. Capital is flowing toward infrastructure that abstracts complexity and connects ecosystems rather than separating them. Ripple’s participation in Squid is less about a single integration and more about ensuring XRPL sits inside the pathways where cross-chain value is routed. If this trajectory continues, the future of blockchain may look less like competing networks, and more like a single, interconnected routing system where XRP Ledger is one of the embedded settlement layers powering it, especially given that the XRPL recently broke into the top 4 RWA chains.

24 May 2026, 09:43

HYPE Hits New All-Time High as BTC, ETH, and XRP Rebound: Weekend Watch

After losing roughly $8,000 in just over a week, bitcoin’s price finally rebounded in the past day after more promising developments on the US-Iran peace front. Most altcoins have followed suit, helping the total crypto market cap regain over $80 billion since yesterday’s low. BTC Jumps Toward $77K As mentioned above, the primary cryptocurrency dumped hard in the past 10 days or so, driven by different factors, such as the bleeding ETFs, investor exodus, and rising geopolitical tension . It dumped below $78,000 last weekend and fell to $76,000 a few days later. After an unsuccessful rebound attempt on Wednesday and Thursday that was stopped at $78,000, the bears took complete control on Friday and especially Saturday morning, driving bitcoin south to just over $74,000. This became its lowest price position in May, and it arrived after a new set of threats from Trump against Iran. However, the two sides actually made significant progress on a potential permanent peace deal, as announced by the POTUS himself. This resulted in an immediate price uptick for BTC that drove it to just over $77,200 earlier today before it was stopped. Nevertheless, it still trades inches below $77,000, and its market cap has recovered to $1.540 trillion on CG. Its dominance over the alts has also remained above 58% after a brief dip yesterday. BTCUSD May 24. Source: TradingView HYPE New ATH Aside from yesterday’s brief crash to $55, HYPE has been the undisputed leader in market performance over the past few weeks. Its gains only intensified today as it posted a fresh all-time high of over $63. Ethereum defended the $2,000 level and has risen past $2,100 after a 4.5% daily surge. BNB is back to $660, while XRP has reclaimed the $1.35 resistance. SOL is up to $87, ZEC is back to $645, and more gains are evident from CC, XLM, SUI, AVAX, TAO, and others. Even more substantial double-digit increases come from WLD, NEAR, MORPHO, ONDO, and QNT. The total crypto market cap has added over $80 billion since yesterday’s low and is up to $2.650 trillion on CG. Cryptocurrency Market Overview May 24. Source: QuantifyCrypto The post HYPE Hits New All-Time High as BTC, ETH, and XRP Rebound: Weekend Watch appeared first on CryptoPotato .

24 May 2026, 09:30

'No Airdrop': XRPL Developer Repeats Crucial Warning to XRP Community

The warning follows a similar one echoed by top Ripple official earlier this month.

24 May 2026, 09:27

Can Bitcoin Price Recover Above $80,000 as US-Iran War Nears 60-Day Ceasefire Deal?

Bitcoin price has recovered to about $75,360 after briefly falling to a daily low near $74,654, as traders reacted to reports that the United States and Iran are moving closer to a 60-day ceasefire framework. BTC remained down 1.57% over 24 hours, but the rebound from below $75,000 showed that geopolitical headlines continue to influence short-term crypto market direction. The recovery followed comments from President Donald Trump, who said U.S. and Iranian negotiators are “getting a lot closer” to a deal. According to reports cited in market updates, the draft framework may include a 60-day ceasefire extension, gradual reopening of the Strait of Hormuz, U.S. sanctions relief, and a phased unfreezing of Iranian assets. The draft also includes discussions around Iran’s highly enriched uranium, though Tehran has said nuclear issues are not part of the current phase of talks. Iranian officials said the immediate focus is on ending the war before wider negotiations on the nuclear program move forward. US-Iran Talks Lift Short-Term Sentiment After failed talks yesterday, regional officials and diplomats have said both sides are close to a memorandum of understanding, with a possible final decision within 48 hours. Pakistan has reportedly played a mediation role, while Qatar also sent a senior official to Tehran to support the process. U.S. Secretary of State Marco Rubio said progress had been made and that further news could arrive soon. Iranian state media also quoted Foreign Ministry spokesperson Esmail Baghaei as saying differences had narrowed in recent days. For global markets, the Strait of Hormuz remains one of the most closely watched parts of the talks. A gradual reopening of the shipping route could reduce pressure on oil prices and lower inflation concerns tied to energy costs. That would matter for Bitcoin because higher inflation and rising Treasury yields have recently weighed on risk assets. A ceasefire framework may improve market sentiment, but traders remain cautious because no final agreement has been signed. Both sides have also warned that military action could resume if negotiations fail. Bitcoin Faces Resistance Near $76,600 Bitcoin’s price action remains technically weak despite the rebound. BTC recently lost the $75,000 to $76,000 support zone, which several analysts had treated as a key level for maintaining upside momentum. Michaël van de Poppe said Bitcoin has weakened after losing that area and may risk moving back into the $60,000 range if it fails to recover. He said a break back above $76,600 would be needed to restore stronger upside momentum. Source: X The analyst also noted that Friday corrections do not always lead to sustained downside. Bitcoin often reverses after weekend moves, and several CME gaps remain above current levels. The highest nearby gap sits around $79,100, which could become a short-term target if BTC regains strength. For now, the $76,600 level is the first recovery point. A move above that area could bring $79,100 and then $80,000 back into focus. Failure to reclaim it may keep Bitcoin trapped below former support. ETF Outflows and Whale Selling Weigh on BTC The rebound is also facing pressure from large outflows and whale activity. U.S. spot Bitcoin ETFs reportedly sold about 28,858 BTC, worth roughly $2.28 billion, over the past nine trading days. Large wallets have also reduced exposure. Analyst Ali Martinez said some of the largest Bitcoin whales sold or redistributed 18,447 BTC over 96 hours, worth about $1.42 billion. Crypto liquidations have added further pressure. Nearly $1 billion in positions were liquidated over the past 24 hours, while monthly liquidations in May have reportedly exceeded $7.6 billion. These flows show that the Bitcoin price recovery is not yet supported by broad buying demand. A move above $80,000 would likely require improved ETF flows, reduced selling from large holders, and a confirmed easing of geopolitical risk.

24 May 2026, 09:22

Blockchain researcher defends Ethereum Foundation, says it’s ‘exactly’ doing its job

William Mougayar says critics are measuring the Ethereum Foundation by the wrong standard, claiming it was never meant to pump ETH or court institutions.