hodler

4 May 2026, 15:16

SkyAI (SKYAI) Explodes by 300% in a Week: The Next Sensation or ‘Top Scam Coin?’

Numerous leading cryptocurrencies have entered green territory over the past week, yet their gains can’t be compared to the triple-digit price explosion that SkyAI (SKYAI) experienced. The big question now is whether this is the start of a major bull run or if there’s something shady beneath the surface that could trigger a massive decline. The Big Winner The lesser-known altcoin has skyrocketed by 300% over the past seven days and currently trades at almost $0.70 (per CoinGecko’s data). Its market capitalization neared $700 million, making it the 84th-biggest cryptocurrency. SKYAI Price, Source: CoinGecko Perhaps one of the main catalysts of the whopping ascent is the recent support from Bitget. The leading crypto exchange listed the SKYAI/USDT trading pair towards the end of April, and support of that type usually has a positive price effect on the involved digital assets since it leads to increased liquidity, improved accessibility, and boosted reputation. Another potential driver could be the token’s relation to Artificial Intelligence, a trending theme that continues to attract attention and capital. SkyAI is a Web3 project that connects AI models to blockchain data across multiple networks. It uses its own Model Context Protocol (MCP) to help these systems interact with on-chain information. SKYAI is the native token of the ecosystem and enables payments for data access, staking, and governance. Some analysts believe the coin’s uptrend is far from being over. X user Crypto_Jobs, for instance, claimed that SKYAI is in “full discovery mode,” adding that its trend remains “very bullish.” They set the next possible target at over $0.75, with no clear reversal signal on the horizon. “Betting against such a trend could destroy your portfolio,” the analyst alerted. So Many Red Flags As mentioned above, the token’s rally was likely fueled by Bitget’s listing (among other reasons). However, several industry participants spotted that many wallets accumulated SKYAI right before the exchange announced its support. Loading up prior to such news suggests that some people may have had early access to information, allowing them to profit on the price increase while the rest of the market participants were left in the dark. X users Crypto with Haris and ortegas also criticized the project. The former classified SKYAI as one of the “top scam coins” alongside RAVE, UB, and LAB, and warned investors that they could suffer painful losses if they jumped on the bandwagon. The latter argued that the cryptocurrency is “another scam” because there’s no marketing, product, or revenue behind the project, only “pure manipulation.” “Remember, only market makers decide where these kinds of tokens go, so be careful when entering trades,” they warned. Meanwhile, CoinMarketCap’s data shows that almost 62% of SKYAI’s supply is controlled by the top 10 holders. This kind of setup makes the market highly vulnerable, because just a handful of people can drive the price up or down to suit their own interests. SKYAI Holders Distribution, Source: CoinMarketCap Last but not least, we will touch upon the token’s Relative Strength Index (RSI). The ratio has surged past 70, suggesting that the valuation has increased too much in a short period and could be due for a correction. The index ranges from 0 to 100, and anything under 30 is usually interpreted as bullish territory. SKYAI RSI, Source: RSI Hunter The post SkyAI (SKYAI) Explodes by 300% in a Week: The Next Sensation or ‘Top Scam Coin?’ appeared first on CryptoPotato .

4 May 2026, 15:16

Low-volume bull trap keeps Bitcoin below $80,000

Bitcoin is having trouble clearing $80,000 because the rally is not being carried by strong spot buying. Right now, prices are barely holding onto $79,000, which may look stable on the screen, but the market under it is thin. The main warning is simple: futures are doing almost all the work. Across the top six premium exchanges, derivatives now make up 87.77% of activity. That puts Bitcoin in a heavy leverage zone, where one bad flush can turn calm price action into a mess very quickly. The total notional volume is about $9.73 billion, but real spot demand has almost disappeared. Binance, which is not publicly traded, holds 87.22% of total liquidity. Deribit is also private, and it is not showing the kind of strong hedging flow that would point to bigger institutional positioning. The setup looks more like retail traders keeping Bitcoin alive with debt, margin, and hope. Derivatives traders keep Bitcoin near $79,000 as real spot demand dries up On April 30, CryptoQuant Head of Research Julio Moreno warned in his weekly report that the run toward $79,000 was powered by derivatives while spot demand was falling. Julio’s first three points matched the 87.77% futures dominance reading, which means the rally was not built on broad cash buying. The same kind of split appeared before the 2022 crash. Source: CryptoQuant. The CryptoQuant Bull Score also fell from 50 to 40, taking it below neutral and back into bearish territory. That drop came after the futures-led price action weakened the wider market picture. Apparent demand remained negative throughout the full April rise, so the price gain lacked firm support from real buyers. That is the bull trap problem. The price can climb, but the floor under it is not strong. The daily chart added another warning. After Bitcoin broke above its bullish channel, it formed a Shooting Star candle. That pattern often appears when buyers push the price up, then sellers slap it back down before the session closes. Price is now sitting on an old resistance area that turned into support, but that support has not been convincing. Real volume came in at 15.78K BTC, above the 20-day average of 13.87K BTC, yet selling pressure still won that round. Short-term pressure is also building above the market. Price momentum fell 3.5%, net buying pressure dropped 28.6%, and trading activity slipped 13.3%. Sellers are more active, while volume is weaker. That points to lower investor engagement and leaves Bitcoin stuck in a choppy area, with consolidation risk rising. Source: Glassnode. Options traders are also paying more attention to downside risk. The 25-delta skew rose 6.75%, while options open interest fell 9.98%. The volatility spread jumped 173.4%, meaning the market priced in much higher expected risk than the risk already seen in actual trading. Short-term Bitcoin holders send most exchange inflows as ETF demand weakens The Wall Street boys are not giving Bitcoin a clean rescue either. US spot Bitcoin ETF MVRV points to possible profit-taking. ETF products saw $783.4 million in net outflows, and trading volume fell 13.45%. That shows softer institutional demand and adds to the risk of sideways trading or another test lower. On-chain activity is mixed. Daily active addresses rose 6.4%, so more wallets were active. But entity-adjusted transfer volume fell 7.4%, which means larger transaction activity cooled. The LTH/STH SOPR ratio bottomed near 0.99 on April 24 and April 25, meaning long-term holders and short-term holders were barely breaking even at that point. It later climbed to 1.097, showing long-term holders were spending coins at better profit levels than short-term holders. The selling pressure is mostly coming from newer buyers. Exchange inflow data shows 97.2% of coins sent to exchanges came from short-term holder addresses. Mid-sized holders with 1 to 1,000 BTC, often called fish and sharks, drove about 58% of inflows. Smaller holders, known as shrimp and crabs, made up 18.5%. On April 24, inflows hit 35,649 BTC in one session. By May 3, that had dropped to 3,895 BTC. Short-term holders are down only 2.17% on average, and that loss has been shrinking, while long-term holders remain up 27%. New buyers have also crossed back into profit, while market sentiment returned to “Optimism / Recovery” for the first time in weeks. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

4 May 2026, 15:15

Binance Withdrawal Lock Feature Blocks Hacking Attacks: A Powerful New Security Shield

BitcoinWorld Binance Withdrawal Lock Feature Blocks Hacking Attacks: A Powerful New Security Shield Binance, the world’s largest cryptocurrency exchange, has launched a groundbreaking withdrawal lock feature to combat the rising threat of cryptocurrency hacking . This new tool allows users to temporarily block all outgoing transactions for a period of one to seven days. The move directly addresses a critical vulnerability in crypto security: the time gap between a breach and fund recovery. Binance Withdrawal Lock: A User-Controlled Defense Against Hacking According to a report from CoinDesk, the feature operates as an on-chain withdrawal lock. Users can activate it directly from their account settings. Once enabled, the exchange itself cannot disable the lock. The only exception involves a formal order from a law enforcement agency. This design ensures that even if a hacker compromises a user’s account credentials, they cannot instantly drain the funds. Binance Chief Security Officer (CSO) Jimmy Su explained the feature’s origin. He stated that the development team focused on countering physical threats targeting cryptocurrency holders. Criminals often use intimidation or coercion to force victims to authorize withdrawals. The lock provides a critical buffer. It gives users time to secure their assets or contact authorities. How the Withdrawal Protection Feature Works The implementation is straightforward. Users navigate to the security settings within their Binance account. They select a lock duration between 24 hours and seven days. The system then activates a smart contract-based restriction on the wallet. No withdrawals can occur during this period. The lock is irreversible by Binance staff, adding a layer of trust. Duration flexibility: Choose 1, 3, or 7 days. On-chain enforcement: The lock is recorded on the blockchain. No exchange override: Only a court order can bypass it. Physical threat protection: Prevents forced withdrawals under duress. Why the Crypto Industry Needs Withdrawal Protection The cryptocurrency sector has suffered massive losses from hacking. In 2024 alone, hackers stole over $2 billion from centralized and decentralized platforms. Many attacks exploit the time between credential theft and fund movement. Traditional security measures like two-factor authentication (2FA) help, but they are not foolproof. Social engineering attacks can bypass them. This new crypto withdrawal protection addresses a fundamental flaw. It introduces a deliberate time delay. Even if a hacker gains full access, they cannot move funds instantly. This gives the legitimate owner a window to react. It also complicates the attacker’s logistics. They must maintain access for days, increasing their risk of detection. Industry experts have praised the approach. They note that it mirrors traditional banking security. Banks often place temporary holds on large or suspicious transactions. Binance is now applying a similar principle to crypto. The difference is that the user, not the bank, controls the lock. Comparison: Binance Lock vs. Traditional Security Measures Feature Binance Withdrawal Lock Standard 2FA Whitelist Addresses User Control Full (user sets duration) Partial (shared with authenticator) Full (user manages list) Exchange Override No (except court order) Yes (support can reset) Yes (support can modify) Time Delay 1-7 days enforced None None Physical Threat Protection Strong Weak Moderate Physical Threats: The Unseen Risk for Crypto Holders Jimmy Su highlighted a disturbing trend. Criminals are increasingly targeting individuals directly. They use physical violence or threats to force victims to log into their accounts. This is known as a ‘crypto-jacking’ or ‘wallet-jacking’ attack. The victim, under duress, must comply. Standard security measures fail in these scenarios. The attacker controls the victim’s actions. The Binance security feature directly counters this. A user can activate the lock proactively. If they feel threatened, they can lock their account. Even if forced to log in, the attacker cannot withdraw funds. The victim can explain the delay to the attacker, buying time. This psychological barrier is a powerful deterrent. Su emphasized that the feature is not just for high-net-worth individuals. Regular users face risks too. Hackers often target smaller accounts for quick gains. The lock provides equal protection for all account tiers. Timeline of Binance Security Enhancements 2021: Introduced mandatory address whitelisting for new withdrawals. 2022: Launched AI-based fraud detection for withdrawal requests. 2023: Added hardware security key support (FIDO2). 2024: Deployed real-time session monitoring for suspicious logins. 2025: Launched the on-chain withdrawal lock feature. Broader Implications for Exchange Security This move sets a new industry standard. Other major exchanges may now feel pressure to offer similar crypto security tools . The feature also aligns with regulatory trends. Regulators worldwide are pushing for stronger consumer protections. The withdrawal lock demonstrates proactive risk management. However, there are potential drawbacks. Users could accidentally lock themselves out during market volatility. For example, a trader might need to move funds quickly to cover a margin call. The lock would prevent this. Binance advises users to consider their trading needs before activating the lock. They recommend using it during periods of inactivity or heightened risk. Another concern involves law enforcement cooperation. The exception for court orders is necessary for legal compliance. But it creates a potential loophole. A compromised authority could issue a fake order. Binance states it will verify all orders through a rigorous process. This includes cross-checking with the issuing agency. Expert Analysis: A Step Forward for User Sovereignty Cybersecurity analysts view the feature as a significant step. It shifts some security control from the exchange to the user. This aligns with the core ethos of cryptocurrency: self-custody and personal responsibility. While Binance is a centralized platform, this feature introduces a decentralized security element. Dr. Elena Petrova, a blockchain security researcher, commented on the development. She noted that the on-chain nature of the lock is crucial. It makes the restriction transparent and immutable. Users can verify the lock status on the blockchain. This reduces reliance on the exchange’s internal systems. The feature also has implications for insurance. Some crypto insurance policies require proof of security measures. A withdrawal lock could lower premiums. It demonstrates a proactive stance against theft. Conclusion Binance’s new withdrawal lock feature represents a practical and powerful tool against cryptocurrency hacking . By giving users the ability to freeze withdrawals for up to seven days, it addresses both digital and physical security threats. The feature is irreversible by the exchange, ensuring trust and transparency. As the crypto industry continues to mature, such user-controlled security measures will become essential. This innovation not only protects individual assets but also strengthens the overall resilience of the exchange ecosystem. Users should explore this option to enhance their personal security posture. FAQs Q1: How do I activate the Binance withdrawal lock? A: Log into your Binance account, go to Security Settings, find the ‘Withdrawal Lock’ option, and choose a duration from 1 to 7 days. Confirm the activation. Q2: Can Binance cancel my withdrawal lock? A: No, Binance cannot cancel the lock once activated. The only exception is a valid court order from a law enforcement agency. Q3: Does the withdrawal lock affect deposits or trading? A: No, the lock only blocks outgoing withdrawals. You can still receive deposits and trade within your account normally. Q4: What happens if I need to withdraw funds urgently during a lock? A: You must wait until the lock period expires. Plan your lock durations carefully to avoid being locked out during market opportunities. Q5: Is this feature available for all Binance users? A: Yes, the feature is rolling out globally to all verified Binance users. Check your account settings for availability. This post Binance Withdrawal Lock Feature Blocks Hacking Attacks: A Powerful New Security Shield first appeared on BitcoinWorld .

4 May 2026, 14:34

Bitget marks Blockchain4Youth anniversary with BTC Pizza Day campaign

Victoria, Seychelles, May 4, 2026 – Bitget , the world’s largest Universal Exchange (UEX), is celebrating the 3rd anniversary of Blockchain4Youth with the launch of Boxed for Opportunity , a global campaign designed to connect emerging Web3 talent with real industry opportunities. Launched alongside the spirit of Bitcoin Pizza Day, the campaign brings a creative new format to talent discovery by turning standout resumes and portfolios into pizza box placements delivered directly to Web3 companies, partners, and industry stakeholders. Since its inception, Blockchain4Youth has engaged over 15,000 participants globally, partnered with more than 70 universities, and hosted over 100 campus activations, building a strong foundation for Web3 talent development. As the initiative enters its third year, Bitget is expanding its focus from blockchain education and awareness to more actionable pathways that help young people turn knowledge into professional opportunity. The campaign follows the launch of the Blockchain4Youth Learning Hub , a structured program offering teenagers professional recognition, guided learning, and career support. Its Talent Alliance grants participants priority opportunities, industry exposure, and networking with partners like Bondex , Morph Network , and Foresight Ventures . Boxed for Opportunity builds on this foundation by creating a direct and creative bridge between skilled individuals and hiring ecosystems. Through the campaign, participants will be invited to submit their basic information, including background, experience, and contact details, select target regions for potential opportunities, and upload standout work or portfolios that showcase their creativity, technical capability, or contribution to Web3. Selected candidates will have their resumes produced on pizza boxes and physically delivered to companies and ecosystem partners across key regions, with additional social amplification supported by regional KOLs. By combining digital submissions, physical delivery, and community-driven visibility, the campaign creates a new route for young talent to reach the Web3 industry. It also reflects the cultural significance of Bitcoin Pizza Day, transforming one of crypto’s most recognizable stories into a platform for the next generation of builders, creators, and professionals. “The future of Web3 will be shaped by the people we empower today,” said Ignacio Aguirre Franco, CMO of Bitget. “Through Blockchain4Youth, we are building pathways for young talent to learn, prove themselves, and connect with the ecosystems where they can contribute..” As Blockchain4Youth enters its next phase, Bitget remains committed to empowering the future generation. From university partnerships and campus activations to structured learning and real-world exposure, this initiative continues to serve as a cornerstone of Bitget’s broader mission that ensures blockchain education is more accessible and acts as a catalyst for global career impact and meaningful change. To find out more about Boxed for Opportunity and join the campaign, please visit here. About Bitget Bitget is the world's largest Universal Exchange (UEX) , serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™ . Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord For media inquiries, please contact: [email protected] Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . The post Bitget marks Blockchain4Youth anniversary with BTC Pizza Day campaign appeared first on Invezz

4 May 2026, 14:00

Binance is launching a withdrawal lock to help deter crypto wrench attacks

The lock is meant to protect users from being forced into withdrawing their funds, though it's an internal policy and not a cryptographic lock.

4 May 2026, 13:19

Most People Are Completely Misreading XRP Right Now, Says Long-Time Investor

A long-time XRP holder has argued that most investors are misinterpreting what’s really happening with XRP’s price and on-chain activity. In a recent post, Nepentia, who claims to have held XRP since 2017, pointed to exchange reserve trends as a key indicator that tells a very different story from overall sentiment. Visit Website