hodler

23 May 2026, 00:29

Ethereum is still a good long-term buy, according data: Analyst

Ethereum’s dominance in DeFi, stablecoins and staking is strengthening the long-term ETH accumulation thesis, despite it’s 28% price decline in 2026.

23 May 2026, 00:25

Wallet Tied to BitMEX Founder Arthur Hayes Moves $6.3M in HYPE to Bybit

BitcoinWorld Wallet Tied to BitMEX Founder Arthur Hayes Moves $6.3M in HYPE to Bybit A cryptocurrency wallet closely associated with BitMEX co-founder Arthur Hayes has deposited a significant amount of HYPE and AERO tokens to the Bybit exchange. On-chain data reveals that the wallet transferred 115,453 HYPE, valued at approximately $6.33 million, and 1.76 million AERO, worth around $785,000, to the trading platform. On-Chain Activity and Market Implications The movement of such a large volume of tokens from a wallet linked to a prominent industry figure often draws attention from market participants. Deposits to exchanges are generally interpreted as a precursor to selling, though they can also be used for staking, trading, or collateral purposes. The wallet in question still holds a substantial position of 247,334 HYPE, currently estimated to be worth around $13.6 million, indicating that this is a partial move rather than a full exit. Arthur Hayes, a well-known and often vocal figure in the crypto space, has a history of making large, strategic trades. While there is no official confirmation that Hayes himself initiated these transactions, the wallet’s previous associations and transaction patterns have led to widespread attribution by blockchain analysts and news outlets. The timing of the deposit, amid fluctuating market conditions for both HYPE and AERO, adds another layer of interest for traders monitoring whale behavior. Understanding the Tokens Involved HYPE is the native token of the Hyperliquid ecosystem, a decentralized perpetual exchange that has gained significant traction for its high-speed trading capabilities. AERO, on the other hand, is the governance token for Aerodrome Finance, a decentralized exchange and liquidity protocol built on the Base network. Both tokens have seen volatile price action in recent weeks, making large movements from influential wallets particularly noteworthy. Why This Matters for Retail Investors For everyday crypto investors, tracking large wallet movements—often referred to as ‘whale watching’—can provide early signals of potential market shifts. A deposit of this magnitude could increase selling pressure on HYPE and AERO in the short term, though it is not a definitive indicator of an imminent price drop. It also underscores the ongoing influence of early crypto entrepreneurs and their continued active participation in DeFi markets. Readers should treat such data as one piece of a broader analytical puzzle, rather than a standalone trading signal. Conclusion The $6.3 million HYPE and $785,000 AERO deposit to Bybit from a wallet linked to Arthur Hayes represents a notable on-chain event. While the exact intent behind the transfer remains speculative, it highlights the transparency of blockchain transactions and the persistent impact of large holders on market sentiment. The remaining balance in the wallet suggests that this is a strategic rebalancing rather than a complete liquidation, but the market will be watching for any further activity. FAQs Q1: How do we know the wallet belongs to Arthur Hayes? The attribution is based on on-chain analysis from multiple blockchain tracking platforms that have linked the wallet address to Hayes through previous transaction patterns and public statements. However, no official confirmation from Hayes or BitMEX has been provided, so the connection remains circumstantial. Q2: Does depositing tokens to an exchange always mean selling? Not necessarily. While depositing to an exchange is often the first step toward selling, it can also be done for staking, providing liquidity, participating in trading competitions, or simply consolidating funds. The final intent is rarely visible on-chain. Q3: Should I buy or sell HYPE or AERO based on this news? This news should not be used as a sole basis for trading decisions. Large wallet movements can influence short-term sentiment, but they do not guarantee price direction. Always conduct your own research and consider broader market conditions before making investment decisions. This post Wallet Tied to BitMEX Founder Arthur Hayes Moves $6.3M in HYPE to Bybit first appeared on BitcoinWorld .

23 May 2026, 00:04

SEC Puts Off Crypto Stock Plans—Bitcoin Drops Under $76,000

Bitcoin (BTC) and much of the broader crypto market fell sharply Friday evening after the US Securities and Exchange Commission (SEC) delayed a plan that would have provided broad exemptions for US crypto firms to trade tokenized assets tied to stocks. At the time of writing, Bitcoin was down to roughly $75,834, wiping out about $33.8 billion from its market capitalization. Ethereum (ETH) also slipped to around $2,000, with market cap losses of approximately $8.58 billion. Crypto Innovation Exemption Delayed According to Bloomberg, the SEC staff was preparing to release what it calls an “innovation exemption” for tokenized stocks as soon as this week, citing people familiar with the commission’s plans. Those sources said a draft framework had already been prepared and reviewed by staff, but the SEC’s timeline has been pushed back as the agency weighs input from stock-exchange officials who have held discussions with SEC staff over the previous few days. A key sticking point involves the proposal’s openness to trading so-called “third-party tokens.” These are tokens that could be issued without the backing or explicit consent of the public companies associated with the underlying shares. The SEC, the reporting notes, has not made any decision to alter its draft proposal, but the lack of finalization appears to be part of the reason the broader crypto market reaction came when the delay became known. Compliance Risks Mount Under the SEC’s proposal, crypto platforms that offer these tokenized products would have to ensure that token buyers receive the same rights as traditional shareholders. That includes entitlements such as dividends and voting rights. However, former regulators and market experts highlighted that it remains unclear how issuers and platforms would technically meet these requirements in practice when tokens transfer across pseudonymous blockchain networks rather than through conventional shareholder record systems. The reporting also suggests not all SEC officials agree with expanding the scope to allow third-party tokens. Among those weighing in publicly is pro-crypto Commissioner Hester Peirce. Peirce posted on X that she expects the innovation exemption to be “limited in scope.” She said it should “facilitate trading only of digital representations of the same underlying equity security that an investor could purchase in the secondary market today.” There are also compliance and security worries. One cited concern is that token structures could be exploited by bad actors operating overseas, using loopholes in blockchain and crypto-related processes to avoid regulatory oversight within the US. Featured image created with OpenArt, chart from TradingView.com

23 May 2026, 00:02

Bitcoin-owning Kevin Warsh sworn in as Fed chair by Trump at White House

Kevin Warsh took the oath as Federal Reserve chair at the White House on Friday morning, giving President Donald Trump a new Fed chief at a rough time for the U.S. economy. Supreme Court Justice Clarence Thomas swore him in. Treasury Secretary Scott Bessent, Federal Housing Finance Agency Director Bill Pulte, National Economic Council Director Kevin Hassett, and Justice Brett M. Kavanaugh were also at the ceremony. Kevin now has to deal with a president who wants much lower interest rates, a Fed board that does not fully agree on inflation, and traders who think the next rate decision may not be a cut at all. It may be a hike. Kevin takes the Fed job as Trump demands cheaper money and inflation stays hot Trump used the ceremony to say Kevin should make his own calls at the central bank, even though Trump has been loud about wanting lower rates. “I want Kevin to be totally independent. I want him to be independent and just do a great job. Don’t look at me. Don’t look at anybody. Just do your own thing. Do a great job. Okay?” Trump said. “We want to stop inflation, but we don’t want to stop greatness.” Kevin has not been quiet about the Fed’s past mistakes. He has blamed recent Fed leaders for doing too much during and after the coronavirus crisis. His view is that the central bank helped fuel the inflation mess by keeping policy too loose for too long. “Inflation comes from bad policy, not bad luck,” Kevin said in a coming book of Fed interviews. At his confirmation hearing, Kevin said Trump never asked him to promise rate cuts during his time at the Fed. “The president never asked me to commit to interest rate cuts at any particular meeting over the period of my tenure at the Fed. He didn’t ask for it, he didn’t demand it, he didn’t require it, and nor would I have ever done so,” said Kevin. But on politics, Kevin stayed much closer to Trump. He would not say whether Joe Biden won the 2020 election. He also avoided saying whether Trump’s tariffs helped push inflation higher. Kevin brings Bitcoin exposure and deep crypto ties into the Fed chair’s office Kevin holds equity positions in over a dozen crypto companies. He is involved in DeFi lending firms, decentralized derivatives firms, Layer 1/Layer 2 network companies, prediction markets, and Bitcoin payment processors. Financial filings reveal Kevin and his wife had a minimum of $192 million in total assets. It includes speculative ventures related to Solana, Optimism, Dapper Labs, Polychain Capital, and multiple DeFi startups. In regards to his views on Bitcoin, he has taken a fairly unconventional approach, considering he used to be a traditional central banker. He did not refer to it as an alternative form of currency, but rather a warning system for policy makers. “I think of Bitcoin as a good policeman,” Kevin said in a 2025 interview. “It’s an important asset that can help inform policymakers when they are doing things right and wrong.” He also said Bitcoin “does not make him nervous.” Kevin argued that crypto software matters for U.S. innovation and the country’s ability to compete. At his confirmation hearing, Kevin said digital assets were already part of the “fabric” of the U.S. financial-services industry. “I will lead a reform-oriented Federal Reserve, learning from past successes and mistakes, both escaping static frameworks and models and upholding clear standards of integrity and performance,” Kevin said Friday. Trump has spent his second term attacking former Fed chair Jerome Powell for not cutting rates fast enough. He called Jerome a “numbskull” and an “average mentally person.” He also threatened to fire him. Trump said Friday that Kevin has “the temperament and leadership abilities to foster collaboration among the entire board,” adding that he expects debate at the Fed as it tries to keep prices stable and employment high. Trump also said Kevin would have the full support of his administration. If you're reading this, you’re already ahead. Stay there with our newsletter .

23 May 2026, 00:01

Bitcoin (BTC), Hyperliquid (HYPE), Zcash (ZEC), Dogecoin (DOGE) and Ethereum (ETH) Price Analysis for May 23: Fundamental Shift in Investors' Sentiment

Crypto still looks shaky overall, as BTC and ETH haven’t convincingly reclaimed key resistance, even as some altcoins rip higher.

23 May 2026, 00:00

FET Exchange Supply Is Quietly Disappearing – Discover Why Traders Are Watching Closely

FET has been consolidating above $0.20 after weeks of sideways price action that has left the asset searching for a catalyst to force a directional decision. The price is holding but not advancing — and a CryptoOnchain analysis tracking Binance-specific flow metrics has identified a structural development in the exchange data that reframes what the current consolidation is actually building on. Related Reading: XRP Whale Dominance Returns To Binance While Coinbase Data Tells A Different Story Over the past week, the metrics governing FET’s exchange activity on Binance have contracted with a severity that goes well beyond routine fluctuation. The number of inflow addresses has plummeted by 92% — meaning the cohort of wallets sending FET to Binance has nearly vanished compared to the previous period. Total exchange inflows dropped by 71% over the same window. The combined effect pushed Binance netflow down by 557%, driving exchange flows deeply into negative territory. Those numbers describe a specific and recognizable structural condition. The simultaneous collapse in both the volume of FET arriving on Binance and the number of participants doing the depositing is not ambiguous — it describes what CryptoOnchain identifies as an inflow drought. Fewer market participants are moving assets to the exchange, and the ones still active are moving considerably less than before. In exchange flow analysis, that combination carries a direct supply implication — and it is the implication that changes how FET’s current consolidation above $0.20 should be read. 20% Reserve Depletion in 90 Days The CryptoOnchain analysis extends the timeframe to reveal the pattern that gives the current inflow drought its full structural weight. The recent collapse in Binance deposits is not an isolated event occurring against a stable background. It is the latest development in a 90-day trend that has already depleted FET’s Binance reserve by 20% — a sustained, directional reduction in exchange supply that has been building quietly throughout the entire consolidation period. FET Structural Divergence: Exchange Flows and Reserve Depletion | Source: CryptoQuant The combination of those two dynamics creates a supply imbalance that is more significant than either would produce independently. Exchange reserves declining over 90 days describes a market where more FET is leaving Binance than arriving on a sustained basis. The sudden halt in inflow deposits means the mechanism that would normally replenish that declining supply has effectively stopped functioning. The reserve was already shrinking. Now the pipeline feeding it has nearly closed. Historically, the transition from stable exchange reserves to an inflow drought has created the conditions that preceded structural supply-side tightness — a regime where the available FET for immediate sale on the exchange continues declining without the fresh deposits that would restore the sell-side inventory. That tightness does not produce immediate price movements by itself. It creates the environment where demand, when it arrives, meets a thinner and thinner order book — and thinner order books amplify the price response to whatever buying pressure eventually emerges. Related Reading: Chainlink Sees Historic On-Chain Surge While Exchange Supply Keeps Shrinking – Details FET Consolidates Near Macro Support As Supply Compression Builds FET continues consolidating near the $0.20 region after months of sustained downside pressure erased most of the gains from its 2024 rally. The weekly chart shows the asset attempting to stabilize following an extended decline that accelerated after losing the key $0.55–$0.60 support zone earlier this year. Since then, price action has compressed into a relatively tight range between roughly $0.15 and $0.25, reflecting a market that remains cautious but increasingly less aggressive on the sell side. FET consolidates around the key level | Source: FETUSDT chart on TradingView Technically, FET is still trading below the 50-week, 100-week, and 200-week moving averages, confirming that the broader macro structure remains bearish despite the recent rebound attempt. However, the intensity of the decline has clearly slowed. Recent candles show reduced volatility and lower selling momentum compared to the heavy distribution phases seen throughout late 2025. Related Reading: HYPE Accumulation Intensifies As Whale-Linked Position Surpasses $100M The most important feature on the chart is the developing base structure around current levels. Buyers have repeatedly defended the $0.15–$0.18 region, while volume spikes during downside moves suggest periods of absorption rather than panic liquidation. This aligns with the Binance flow data showing severe inflow contraction and persistent reserve depletion. For bulls, reclaiming the 50-week moving average near the $0.35 region would be the first major structural signal that accumulation is transitioning into trend recovery. Until then, FET remains in a prolonged rebuilding phase. Featured image from ChatGPT, chart from TradingView.com