hodler

5 Jun 2026, 05:35

Bithumb to Temporarily Halt HBAR Deposits and Withdrawals for Network Upgrade

BitcoinWorld Bithumb to Temporarily Halt HBAR Deposits and Withdrawals for Network Upgrade South Korean cryptocurrency exchange Bithumb has announced a temporary suspension of deposits and withdrawals for Hedera (HBAR) due to a scheduled mainnet upgrade. The halt will take effect at 10:00 a.m. UTC on June 10, 2025. Timeline and Details of the Suspension According to the official notice from Bithumb, the suspension is directly tied to the Hedera network’s planned upgrade, which requires the exchange to update its infrastructure to maintain compatibility. Users are advised to complete any pending HBAR transactions before the cutoff time. The exchange has stated that services will resume once the network upgrade is complete and stability is confirmed, though an exact reopening time has not yet been provided. Why This Matters to HBAR Holders This temporary halt is a standard procedure for exchanges during major blockchain network upgrades. For HBAR holders and traders on Bithumb, the suspension means that during the maintenance window, they will not be able to move tokens in or out of the exchange. However, spot trading of HBAR against other pairs may continue unless otherwise specified. Users should monitor Bithumb’s official announcements for real-time updates on the resumption of services. Network Upgrades and Exchange Coordination Network upgrades, such as those on the Hedera mainnet, often introduce new features, improve scalability, or patch security vulnerabilities. Exchanges like Bithumb must coordinate their internal systems to align with the upgraded network to prevent transaction errors or asset loss. This coordination is a routine but critical part of maintaining a secure trading environment. Conclusion Bithumb’s decision to suspend HBAR deposits and withdrawals is a precautionary measure to ensure a smooth transition during the Hedera mainnet upgrade. Users should plan accordingly and stay informed via official channels. The temporary halt is not indicative of any security issue with the exchange or the HBAR token itself. FAQs Q1: When will the HBAR suspension start and end? The suspension begins at 10:00 a.m. UTC on June 10, 2025. The exact end time has not been announced and will depend on the successful completion of the Hedera network upgrade. Q2: Will my HBAR tokens be safe during the suspension? Yes. Your HBAR tokens held on Bithumb will remain safe during the maintenance period. The suspension only affects the ability to deposit or withdraw tokens from the exchange. Q3: Can I still trade HBAR on Bithumb during the suspension? Bithumb has not explicitly stated whether spot trading will continue. Users should check the exchange’s trading interface and official notices for updates on trading availability during the maintenance window. This post Bithumb to Temporarily Halt HBAR Deposits and Withdrawals for Network Upgrade first appeared on BitcoinWorld .

5 Jun 2026, 05:30

Coinbase Reveals First Mortgage With Bitcoin Collateral Under Fannie Mae Coverage

Nearly four months after crypto exchange Coinbase and the Federal National Mortgage Association—better known as Fannie Mae—announced their partnership, the companies have now disclosed what they describe as the first-ever mortgage backed by crypto collateral. No Need To Sell Crypto The concept was originally unveiled in March, when Better Home & Finance and Coinbase announced a joint mortgage product designed for prospective homebuyers who hold crypto but struggle with the cash requirements of traditional financing. Instead of requiring customers to liquidate their digital holdings to raise down payment funds, the Coinbase program allows borrowers to pledge crypto—such as Bitcoin (BTC) or Circle’s USDC stablecoin held in a Coinbase account—so those holdings can secure a separate loan intended to cover the down payment. Importantly, the actual home mortgage remains a conventional Fannie Mae–backed loan, meaning the structure is built around the existing conforming mortgage framework rather than replacing it with a new, fully crypto-based mortgage system. Related Reading: XRP Price Falls To 4-Month Lows—Charts Signal Sell, On-Chain Data Turns Bearish In Thursday’s update, Better Home & Finance and Coinbase said the first loan has already been closed. The borrowers are Joe and Amy, a married couple in their early 30s from Ann Arbor, Michigan. Coinbase reported that both had meaningful savings in digital assets, but ran into a challenge that blocks many qualified buyers: they didn’t have enough cash available for a traditional down payment. According to the companies, instead of selling their long-term Bitcoin position—an action that could trigger capital gains taxes and potentially force investors to exit exposure—they used the program to pledge their crypto as collateral. They then completed the purchase of their first home. Coinbase Sees New Path To Homeownership Joe, a software engineer, explained that homeownership has been the goal for some time, but he wasn’t willing to give up his long-term investment plan simply to qualify for a down payment. He said the mortgage helped him avoid liquidating his Bitcoin, avoid having to time the market, and avoid having to reset his finances in a way that would delay his path to buying a home. Joe said: We closed on our home, and my Bitcoin stayed intact. We didn’t have to liquidate, didn’t have to time the market, and didn’t have to start over financially to achieve our homeownership goals. That meant everything. Related Reading: Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days Coinbase framed the milestone as part of a broader message about utility for crypto holders. Mark Troianovski, Head of Consumer & Platform Partnerships at Coinbase, said the company believes Bitcoin should do more than sit idle in a wallet. He described the first token-backed conforming mortgage as a concrete example of that idea and pointed to the scale of digital-asset ownership in the US. Troianovski further stated: Funding the first token-backed conforming mortgage is one of the most tangible demonstrations of that vision that we have seen. Tens of millions of Americans have built real wealth in digital assets. That wealth now has a direct path to homeownership, creating new opportunities for the next generation of homebuyers. Featured image created with OpenArt; chart from TradingView.com

5 Jun 2026, 05:14

CME CEO Warns Crypto Perpetual Futures Are a Disaster Waiting

His comments came shortly after the CFTC approved the first regulated crypto perpetual futures products in the United States, enabling firms like Kalshi to launch Bitcoin and Ethereum perpetual contracts. Other products tied to assets like Solana and Dogecoin are under regulatory review. Crypto Perpetual Futures Pose Major Risks? CME Group Chief Executive Terry Duffy raised some serious concerns about the recent approval of cryptocurrency perpetual futures in the United States. He warned that the products could pose major risks to both investors and the broader financial system. Speaking at Piper Sandler’s Global Exchange & Fintech conference on June 4, Duffy described crypto perpetual futures as “a disaster waiting to happen,” and criticized regulators for allowing the highly leveraged instruments to enter the US market. Duffy argued that speculation is becoming the dominant force in financial markets, and could potentially overshadow their traditional role of facilitating efficient price discovery and risk management. His comments were made shortly after the Commodity Futures Trading Commission (CFTC) approved the first regulated crypto perpetual futures products for US participants. Unlike traditional futures contracts, perpetual futures do not have an expiration date. This allows traders to hold positions indefinitely, often with substantial leverage. In some cases, traders can access leverage of up to 50 times their initial capital, which increases both the potential rewards and the risks. Duffy is particularly concerned about retail investors who may not fully understand the mechanics of these products, including funding rate payments and the automatic liquidation systems that can quickly wipe out positions during periods of market volatility. The CME chief warned that the combination of extreme leverage and perpetual exposure could result in massive financial losses for inexperienced traders. He suggested that many participants may underestimate the risks involved, especially during sharp market movements that can trigger forced liquidations. On May 29, the CFTC approved the first regulated crypto perpetual futures products, opening a market segment that was previously dominated by offshore trading platforms. After the approval, prediction market operator Kalshi launched Bitcoin perpetual futures and later introduced Ethereum perpetual futures on June 4. In addition to this, a broader range of cryptocurrency perpetual contracts, including products linked to Solana and Dogecoin, has been submitted for regulatory review and could be approved in the future. At the same time, Coinbase Financial Markets received regulatory guidance enabling eligible US institutional clients to access perpetual futures and options listed on Deribit, the derivatives exchange that Coinbase acquired in 2025. Overall, there is growing institutional involvement in crypto derivatives, even as industry leaders like Duffy question whether the products are actually suitable for long-term market stability.

5 Jun 2026, 04:40

Kalshi Builds Bloomberg Terminal-Style Interface to Attract Institutional Traders

BitcoinWorld Kalshi Builds Bloomberg Terminal-Style Interface to Attract Institutional Traders Kalshi, the federally regulated prediction market platform, is developing a professional trading interface modeled after the Bloomberg Terminal to better serve institutional investors. The move marks a significant step in bridging the gap between retail-friendly event contract trading and the sophisticated tools required by hedge funds, asset managers, and other institutional players. What the New Interface Offers The upcoming interface, currently in alpha testing with a select group of traders, is designed to streamline the management of multiple event contract positions. According to sources familiar with the development, the interface will provide real-time trading data, advanced analytics, and a layout optimized for high-volume trading — features long considered standard in traditional financial terminals but largely absent in the prediction market space. Kalshi’s platform allows users to trade on the outcome of real-world events, such as economic data releases, political decisions, and weather patterns. The new interface aims to make it easier for institutional users to monitor these contracts alongside traditional assets, potentially increasing liquidity and market depth. Why This Matters for Institutional Adoption Institutional investors have been cautious about entering prediction markets due to the lack of professional-grade tools and data feeds. Bloomberg Terminal users are accustomed to a unified workspace for market data, news, and execution. By replicating that experience, Kalshi is addressing a key barrier to entry. The development also signals a broader maturation of the prediction market industry. As regulatory clarity improves — Kalshi operates under Commodity Futures Trading Commission (CFTC) oversight — the infrastructure is evolving to meet the expectations of professional traders. Competitive Landscape and Timing Kalshi is not alone in targeting institutional users. Competitors like Polymarket have also seen increased interest from sophisticated traders, but Kalshi’s regulated status gives it a distinct advantage in the U.S. market. The timing of the interface launch, expected later this year, coincides with growing demand for alternative data sources and event-driven trading strategies. The alpha testing phase is critical for gathering feedback on usability, data latency, and workflow integration. Early testers are reportedly impressed with the interface’s responsiveness and customization options. Conclusion Kalshi’s development of a Bloomberg Terminal-style interface represents a strategic effort to professionalize prediction market trading. By addressing the specific needs of institutional investors, the platform is positioning itself at the forefront of a rapidly evolving sector. The success of this initiative could accelerate mainstream adoption of event contracts as a legitimate asset class. FAQs Q1: What is Kalshi? Kalshi is a CFTC-regulated exchange that allows users to trade on the outcome of real-world events through event contracts. Q2: Why is Kalshi building a Bloomberg Terminal-style interface? To attract institutional investors who require professional-grade tools for managing multiple positions, accessing real-time data, and executing trades efficiently. Q3: When will the new interface be available? Kalshi is currently alpha testing the interface with a select group of traders. A broader release is expected later this year. This post Kalshi Builds Bloomberg Terminal-Style Interface to Attract Institutional Traders first appeared on BitcoinWorld .

5 Jun 2026, 04:05

Forward Industries Deposits $31.9M in Solana to Coinbase Prime, Raising Selling Speculation

BitcoinWorld Forward Industries Deposits $31.9M in Solana to Coinbase Prime, Raising Selling Speculation Forward Industries, a company that has been methodically accumulating Solana (SOL), has deposited 455,784 SOL into Coinbase Prime, according to blockchain tracking firm Lookonchain. The deposit, valued at approximately $31.87 million at current market prices, has drawn attention from market observers who note that transfers to exchanges often precede selling activity. Background on Forward Industries’ Solana Strategy Forward Industries has been a notable institutional accumulator of Solana over recent months, building a sizable position in the digital asset. The company’s strategy of purchasing SOL during market dips positioned it as a significant holder among publicly traded firms. The sudden movement of such a large amount to a custodial exchange platform like Coinbase Prime marks a potential shift in its approach. Implications of the Coinbase Prime Deposit Deposits to exchanges, particularly in large volumes, are widely interpreted by analysts as a precursor to selling. While the transfer does not confirm an immediate sale, it provides the liquidity necessary for a large-scale liquidation. The move could be part of a profit-taking strategy, portfolio rebalancing, or a response to changing market conditions. Forward Industries has not issued a public statement regarding the transaction at the time of reporting. Market Context and Solana Price Action Solana has experienced significant price volatility in recent months, with the asset trading in a wide range. Institutional moves of this magnitude can influence short-term market sentiment, especially when they involve a known accumulator like Forward Industries. The broader cryptocurrency market remains sensitive to large holder activity, and this deposit may add selling pressure if the tokens are eventually sold. Conclusion The deposit of 455,784 SOL by Forward Industries to Coinbase Prime represents a notable development in the institutional crypto landscape. While the intent behind the transfer remains unconfirmed, the market is closely watching for any subsequent selling activity. The event underscores the importance of on-chain data in understanding institutional behavior and its potential impact on digital asset prices. FAQs Q1: What does it mean when a large amount of cryptocurrency is deposited to an exchange? A: Depositing crypto to an exchange often signals an intention to sell, as exchanges provide the liquidity needed for trading. However, it can also be for custody or other purposes. The market typically views such transfers as bearish in the short term. Q2: Is Forward Industries selling all of its Solana holdings? A: It is unclear. The deposit of 455,784 SOL represents a significant portion of its known holdings, but the company has not confirmed any sale. The market is awaiting further on-chain activity or an official statement. Q3: How does this affect the price of Solana? A: Large deposits to exchanges can create selling pressure, potentially leading to price declines. However, the actual impact depends on whether the tokens are sold and the overall market conditions at the time. This post Forward Industries Deposits $31.9M in Solana to Coinbase Prime, Raising Selling Speculation first appeared on BitcoinWorld .

5 Jun 2026, 03:28

Ethereum Price Downtrend May Not Be Over—Sub-$1,700 Levels Loom

Ethereum price started a fresh decline and traded below $1,750. ETH is now consolidating below $1,750 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,800. The price is trading below $1,780 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,820 zone. Ethereum Price Remains In Downtrend Ethereum price failed to remain stable above $1,840 and started a fresh decline, like Bitcoin . ETH price dipped below the $1,800 and $1,780 levels. The price even traded below $1,750. A low was formed at $1,715, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1,888 swing high to the $1,715 low. There is also a bearish trend line forming with resistance at $1,750 on the hourly chart of ETH/USD. Ethereum price is now trading below $1,750 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,700, the price could attempt another increase. Immediate resistance is seen near the $1,750 level. The first key resistance is near the $1,800 level and the 50% Fib retracement level of the downward move from the $1,888 swing high to the $1,715 low. The next major resistance is near the $1,820 level. A clear move above the $1,820 resistance might send the price toward the $1,880 resistance. An upside break above the $1,880 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $1,920 resistance zone or even $1,965 in the near term. Downside Continuation In ETH? If Ethereum fails to clear the $1,880 resistance, it could start a fresh decline. Initial support on the downside is near the $1,715 level. The first major support sits near the $1,680 zone. A clear move below the $1,680 support might push the price toward the $1,650 support. Any more losses might send the price toward the $1,625 region. The main support could be $1,600. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,715 Major Resistance Level – $1,880