hodler

3 May 2026, 13:00

Bitcoin Bulls Show Signs Of Exhaustion Around $78,000 — What’s Next?

Bitcoin had a modest start to May, with the flagship cryptocurrency rising as much as 3.5% on Friday. As of this writing, the premier cryptocurrency trades near $78,400, barely moving over the past day. Interestingly, a market pundit has explained how a perceived shift in Bitcoin’s investor behavior could be a major influence on the cryptocurrency’s inertia. Buying Power On Binance Fades After Bitcoin Rally Crazzyblockk, in a QuickTake post on the CryptoQuant platform, highlighted a dynamic shift among Bitcoin investors over the past few days. The relevant indicator cited here is the Binance Stablecoin Netflow (USD) metric. Related Reading: Bitcoin Apparent Demand Remains Weak — What This Says About Price Recovery For context, the metric tracks the net amount of stablecoins entering or leaving Binance, thereby indicating whether buying power is accumulating (inflows) or being withdrawn (outflows) from the exchange. According to Crazzyblockk, Binance (the world’s leading exchange by trading volume) had, on a daily basis, recorded significant amounts in net inflows from 14th to 22nd April. During this period, Binance saw daily inflows of $548 million to $1.14 billion in fresh stablecoins. Interestingly, this consistent stream of inflows corresponded with Bitcoin’s recovery from $74,000 to $78,000. The crypto expert noted that this is a sign of “textbook buying power accumulation on Binance.” However, this stream of stablecoin inflows appears to have come to an end—an event that could, in turn, cause the rally to progressively lose strength. This could, by extension, be a sign of potential sentiment shift, as bearish pressure could quickly kick in at major resistance levels (as is currently the case). Binance Records $1.54-$1.78B In Outflows Per Day Since April 28 On the flipside, investors did not merely hold off on their liquidity; they may also be showing signs of a sentiment shift. Starting April 28, Binance has seen five consecutive days of stablecoin outflows, ranging from $1.54 billion to $1.78 billion each day. According to Crazzyblockk, a similarly heavy stablecoin sell-off has not been seen in the Bitcoin market since January 26. The last time it happened, daily outflows reached $3.2 billion, while the market leader traded near $89,500. Notably, that period was followed by a roughly 15% decline in BTC’s price before it eventually stabilized around $76,000. Crazzyblockk further explained that this is due to a simple mechanism that repeats itself on a smaller scale: “stablecoin reserves built up, fueled a rally, then drained as the cycle exhausted itself.” Hence, if the stablecoin netflows on Binance fail to transition back into the ‘inflows’ side, Bitcoin could be facing significant downside risk. To alleviate this risk, Crazzyblockk explained that fresh capital, in the form of stablecoins, would need to re-enter exchanges, especially Binance. Related Reading: ‘Ethereum’s Price Should Have Dropped Already’ – Analyst Explains The On-Chain Signal Behind The Warning Featured image from iStock, chart from TradingView

3 May 2026, 12:58

RLUSD Isn’t Replacing XRP — It Supercharges the XRP Ledger

Why Ripple’s Stablecoin Strengthens the XRP Ledger, Not Evicting XRP The conversation around Ripple’s growing ecosystem keeps circling the same question: does RLUSD threaten XRP, or redefine its role? But according to research by decentralized news outlet RippleXity, this framing misses the point entirely, and overlooks the bigger shift taking place. RLUSD, Ripple’s dollar-backed stablecoin, isn’t here to rival XRP, it’s here to make it more effective. Well, RLUSD delivers what institutions actually need when it comes to price stability, predictable settlement, and compliant access to dollar liquidity. On the other hand, XRP serves a separate purpose , acting as a bridge asset that unlocks speed, deep liquidity, and efficient value transfer across markets. As a result, this distinction explains why there is no neck-to-neck battle since it’s a coordinated system built in layers, with each piece doing a distinct job. RLUSD serves as the stable-dollar layer, delivering predictable value for institutions. XRP drives liquidity and enables fast, efficient cross-border transfers. Underneath it all, the XRP Ledger (XRPL) connects these functions, providing decentralized exchange capabilities, tokenization, and a seamless settlement framework. RLUSD and XRP: Why the XRP Ledger Is Stronger Together The modular design, piting XRP and RLUSD is increasingly the direction Ripple seems to be taking. Rather than relying on a single asset to do everything, the XRP Ledger stack spreads functions across specialized tools, offering financial institutions a more practical and flexible alternative to a one-size-fits-all model. The broader market narrative hasn’t quite caught up. Many critics still assume XRP must dominate every transaction for the XRP Ledger to stay relevant, while others frame RLUSD as direct competition. Both views miss how modern financial systems actually evolve at scale. Strong ecosystems aren’t built on a single asset doing everything, they’re built on specialization, where different instruments handle different layers of value flow. That’s why some industry leaders note that RLUSD complements XRP. Evernorth’s CEO has noted that stablecoins don’t displace liquidity assets; they activate them. Therefore, By providing stable entry and exit points, RLUSD can increase overall transaction flow and make capital movement within the ecosystem more efficient. In practice, stablecoins don’t absorb liquidity, they help channel it. Regulation adds another layer to this shift. Research and commentary from exchanges like Bitrue suggest that emerging frameworks such as the CLARITY Act could reshape how stablecoins compete. If stricter rules are applied to yield-bearing models, compliance-focused assets like RLUSD may gain ground against established players such as USDC, particularly in institutional settings where predictability and regulatory alignment matter most. Therefore, the direction is becoming clearer by the day. The future of the XRP Ledger isn’t a contest between RLUSD and XRP, it’s a layered system where each serves a distinct function. RLUSD supports stability and compliance whereas XRP provides liquidity and efficient cross-border movement. The broader XRPL infrastructure brings out the best of both worlds when it comes to settlement, tokenization, and exchange functionality. In this structure, value doesn’t come from competition between assets, but from how well they work together. RLUSD expands usability, XRP strengthens liquidity, and the ledger itself becomes more adaptable to institutional demand. The real shift isn’t substitution, it’s coordination.

3 May 2026, 11:31

Shiba Inu (SHIB) Inflows Below 1 Billion: Are Bears Exhausted?

Shiba Inu exchange inflows are slowing down, triggering a potential recovery sooner than anticipated.

3 May 2026, 10:30

France Scraps Dangerous Reporting Rule, Pension Fund Buys MSTR, And More – Week In Review

This week’s crypto stories spanned enforcement, mining, regulation, adoption, and institutional flows. Chainalysis traced Iran-linked stablecoin routing behind a major USDT freeze, while Riot continued its steady BTC sales to NYDIG. France dropped a proposed self-custody reporting rule, Binance argued crypto’s next wave of users will come through payments and utility, and Canada’s AIMCo disclosed

2 May 2026, 23:56

US Demand for BTC Weakening: Coinbase Premium Negative

US demand igniting the April rally is weakening. Coinbase Premium turned negative, realized losses jumped to 5,97 billion$. BTC at 78.689$, strong support at 71.926$. Selling pressure is easing, a ...

2 May 2026, 22:30

Analyst Predicts Exactly When To Sell Bitcoin For The Most Return

A crypto analyst has outlined a specific period he believes could be the right time to sell Bitcoin (BTC) for the most returns. Supporting his prediction, the analyst highlighted a recurring historical pattern that has marked major bullish turning points in BTC’s market cycles. He suggested that these past patterns could be used to determine the best exit points for traders in the ongoing cycle. Analyst Reveals Best Time To Sell Bitcoin Crypto market analyst Merlijn The Trader has cautioned that Bitcoin could be approaching a major turning point, urging traders to consider selling their coins to maximize returns. In a post on X, he predicted that BTC may be heading toward another sharp correction, with a possible downside target near the $33,000 level, one of his lower-cycle projections. Related Reading: Bitcoin ETFs Lose Nearly Half A Billion Dollars As Fear Returns To Crypto The analyst warns traders to “sell in May and go away,” arguing that Bitcoin may hit a fresh cycle top this May, followed by a potential drop that could trigger losses for many bulls who fail to exit early enough. He pointed to a repeating Bitcoin cycle pattern that has historically aligned with major market tops around May in mid-cycle years. Sharing a price chart, Merlijn The Trader outlines BTC’s price movements from 2014 to the present. He noted that during the 2014 Bitcoin cycle, the market topped in May before a decline of around 61% followed. In 2018, a similar May peak preceded a massive price crash of approximately 65%. Furthermore, in 2022, the same structure repeated, with Bitcoin forming a May high which eventually led to a 66% market recession. Across these three cycles, the timing of the peaks has remained eerily consistent, with May acting as a critical turning point before a sustained downside movement. Notably, Merlijn The Trader believes that the current market cycle is once again following these historical trends. Based on the recurring structure, the analyst estimates a possible downside of about 60.73% after Bitcoin reaches a potential market top this May. With BTC currently trading above $78,000, such a staggering decline would place the price near $33,000. Analyst Outlines Bull And Bear Case Scenarios For Bitcoin In a separate analysis, crypto expert Ted Pillows predicts two potential near-term scenarios for Bitcoin as its price hovers around $78,000. The analyst explained that, because the $75,000 level has acted as strong support for Bitcoin over the past few weeks, he believes the cryptocurrency could be preparing for another major rally. Pillows noted that Bitcoin is now approaching the critical resistance zone around $78,000 to $80,000. He said this zone is where the real test is set to begin. According to the analyst, if Bitcoin can safely reclaim and hold this range, the next move could be a jump to fill the Chicago Mercantile Exchange (CME) gap near $86,000. The chart also shows this clearly, tracing BTC’s projected path toward this upper CME gap. Once price nears $86,000, Pillows predicts a sharp pullback to the previous $80,000 range. Related Reading: US CLARITY Act Moves Closer To Law After Surprise Stablecoin Yield Update For his bearish forecast, the analyst noted that if Bitcoin gets rejected around the $78,000 to $80,000 resistance, it could trigger a larger correction, potentially pushing the price toward the $70,000 level before a new bounce. Further decline in this area could also lead to a steeper drop to $66,318. Featured image from Unsplash, chart from TradingView