hodler

1 May 2026, 14:04

Major Price Declines for These Altcoins as Binance Removes 23 Assets: Details Inside

The world’s largest cryptocurrency exchange removed almost two dozen digital assets from its platform, causing sudden collapses across the affected tokens. The announcement comes just a few days after Binance added a new batch of trading pairs to its margin section. Binance Did It Again The company revealed that 23 altcoins did not meet Binance Alpha’s standards and were delisted on April 30. Some of the affected tokens include Revox (REX), TANSSI (TANSSI), Yala (YALA), Redacted (RDAC), Skate (SKATE), SatLayer (SLAY), Velora (VLR), LayerEdge (EDGEN), Bubb (BUBB), Dexlab (XLAB), and many more. When the exchange terminates support for certain cryptocurrencies, it usually causes major price declines. This is a rather normal reaction, considering that the development reduces the liquidity of the involved coin, diminishes availability, and causes reputational damage. There was no surprise here as most of the affected tokens headed south by double digits. BUBB was among the worst-hit, with its valuation nosediving by nearly 50% over the past 24 hours. BUBB Price, Source: CoinGecko Approximately two weeks ago, Dego Finance (DEGO), DENT (DENT), and TrueFi (TRU) also crashed in a similar manner after Binance said goodbye. The company explained to its users that selling or withdrawing the recently scrapped assets on Binance Alpha will still be allowed. It also reminded that tokens part of that early-access platform are typically the subject of high volatility. “Users must exercise sufficient risk management and DYOR (do your own research) to fully understand the projects before opting to trade the tokens,” it warned. The Previous Amendments Besides scrapping cryptocurrencies that no longer meet the necessary criteria, Binance regularly adds new trading pairs to respond to recent market trends and enhance the user experience. Earlier this week, it included AVNT/U, BIO/U, CHIP/U, KAT/U, CHIP/USD1, and XAUT/USD1 on Cross Margin. The effort aligns with many of the previous listings, which centered on United Stables (U) – a stablecoin launched in late 2025 and pegged to the American dollar. Prior to that, Binance temporarily halted deposits and withdrawals on the Ethereum network due to a scheduled wallet maintenance. Services were resumed after the operation, which was supposed to last one hour. This is a standard procedure, and over the past years, the exchange has facilitated improvements across other ecosystems, including BNB Smart Chain, Cardano, and others. The post Major Price Declines for These Altcoins as Binance Removes 23 Assets: Details Inside appeared first on CryptoPotato .

1 May 2026, 13:43

Mythos AI Shakes Crypto Security

Anthropic's Mythos AI is shaking up crypto security paradigms. The model chaining infrastructure weaknesses is forcing a rethink of DeFi. Aave raised 301M$, Coinbase listed MEGA. Technical: AAVE 93...

1 May 2026, 13:36

XRP leverage on Binance drops to zero as whales buy in

🚨 Zero leverage for $XRP on Binance as whale buying hits 56 percent. Massive XRP outflow to private wallets signals reduced selling pressure. 💡 Critical data: Price action between $1.36 and $1.45 will set the breakout. Continue Reading: XRP leverage on Binance drops to zero as whales buy in The post XRP leverage on Binance drops to zero as whales buy in appeared first on COINTURK NEWS .

1 May 2026, 13:27

Bitcoin US Demand Weakening: Coinbase Premium Negative

US Demand for Bitcoin is Weakening: Coinbase Premium Turns Negative, Realized Losses Surge to 5.97B$. Selling Pressure Eases After April Rally. BTC Around 78K, Strong Support at 75K. Details with T...

1 May 2026, 13:08

Iran’s rial hits 1,800,000 per dollar, extending sharp decline

Iran’s rial extended its decline to a record low in April 2026, reflecting mounting economic pressure tied to U.S. actions and ongoing regional tensions. Data tracking the open market exchange rate shows the currency falling to 1,800,000 rials per U.S. dollar on April 29. The move follows a long-term devaluation trend that began in early 2025 and expanded in recent months. At the start of 2025, Iran’s rial traded near 800,000 per dollar, moving within a narrower range during the first half of the year. However, the second half marked a turning point, as the currency weakened more consistently. By September, it had crossed 1,100,000, then climbed past 1,300,000 in December and continued its decline into 2026. Iran’s rial decline accelerates under pressure Iran’s rial recorded short-term volatility in early 2026, but the overall trend remained negative. By late April, the surge to 1,800,000 marked the highest level recorded in the reported period. Meanwhile, U.S. Treasury Secretary Scott Bessent pointed out the economic pressure came from the U.S. campaign Operation Economic Fury. He said the campaign aims to disrupt financial networks by seizing assets, freezing accounts and preventing global financial transactions. Bessent said that almost $500 million has been seized in Iranian crypto assets . He also reported that the U.S. is freezing accounts and monitoring assets overseas, including properties and savings associated with Iran. He said the campaign has been ongoing for more than a year and has been ramped up since orders issued in March 2025. Inflation rises as economic conditions tighten Iran’s rial depreciation coincides with rising domestic inflation. Data from Iran’s central bank shows annual inflation increased from above 40% before the conflict to 50% as of April 4. The change reflects rising costs for essential goods. Prices for items such as rice, eggs, and chicken have increased during the same period. The shift has followed reduced access to foreign currency and disruptions in trade flows. Imported goods, including food, medicine, and raw materials, remain directly affected by exchange rate movements. In addition, according to Cryptopolitan’s earlier report , the blockade on Iranian ports has reduced access to oil revenues and limited foreign currency inflows. This restriction has affected a key source of government income. As a result, economic pressure has continued to build alongside currency depreciation. Strait of Hormuz tensions and global impact Iran’s rial has moved alongside geopolitical tensions in the Strait of Hormuz . The waterway handles a large share of global oil and gas trade during peacetime. Its closure has disrupted supply chains and contributed to rising global fuel and related goods prices. Although Iran and the United States agreed to a ceasefire on April 8, tensions remain. The U.S. imposed a blockade on April 13, further limiting Iran’s ability to generate revenue from exports. Meanwhile, U.S. President Donald Trump rejected a proposal from Iran to reopen the strait in exchange for easing restrictions. The proposal aimed to delay discussions on Iran’s nuclear program, leaving key disagreements unresolved. As a result, the standoff has continued, with multiple countries calling for the reopening of the route for economic and humanitarian reasons. The smartest crypto minds already read our newsletter. Want in? Join them .

1 May 2026, 12:45

Trader Opens $1.96M MEGA Long at 1x Leverage, Already Down $402K

An onchain trader has opened a $1.96 million leveraged long on 11.96 million MEGA tokens and is already sitting on $402,000 in unrealized losses, a harsh reminder that altcoin risks do not disappear even when leverage is minimal. Key Takeaways: Trader 0xcc15 opened a $1.96 million leveraged long on 11.96M MEGA tokens and is already