hodler

28 May 2026, 04:55

Bitcoin could be heading much lower, fund manager warns as $150 billion Treasury operation nears

Fund manager Michael Kramer says a $150 billion liquidity drain from upcoming U.S. Treasury operations could push bitcoin sharply lower.

28 May 2026, 04:54

Here’s why the XRP price is in a deep dive today (May 28)

XRP price crashed below a crucial support level today, May 28, as liquidations in the crypto industry. It also plunged amid the ongoing US-Iran tensions, and as investors rotated to the fast-growing space and artificial intelligence industries. Ripple dropped to $1.2723, its lowest level since February. XRP price crashes as ETF inflows stall Ripple's price retreated sharply, mirroring developments in the broader crypto industry . Bitcoin, the biggest coin, dropped below $73,000, while the valuation of all tokens plunged by over 3%. Data shows that demand for XRP ETFs has slowed. These funds had no inflows or outflows on Wednesday. That is better than Bitcoin, which suffered a $700 million outflow on the same day. Still, on the positive side, these funds are having their best month so far this year as they added over $118 million in assets. Before that, their best month was in November last year when they added $666 million in assets. US-Iran tensions are rising XRP token price is falling today as tensions between the US and Iran continue . The US launched some attacks against Iranian targets overnight. This happened two days after the military launched similar attacks. Iran, which is keen to have a deal with the US, retaliated by shooting down a US drone. Analysts warn that its patience will end and push it to respond in a more aggressive manner. Such a move will lead to more fighting, driving crude oil prices higher in the near term. These events are happening as the US and Iran continue their negotiations. In a statement last week, President Donald Trump said that a deal between the two was largely negotiated. Still, there are chances that the two sides will not launch a 60-day ceasefire as Trump is under political pressure from his allies. Senators Ted Cruz, Lindsey Graham, and Roger Wicker have pushed Trump to “finish the job.” A return to war would push energy prices higher and boost the possibility that the Federal Reserve will hike interest rates. On the positive side, XRP price has some highly bullish catalysts. For example, Ripple USD (RLUSD) stablecoin has attracted over $1.8 billion in assets, making it the third-largest regulated coin after USDC and PYUSD. Data shows that RLUSD holders have continued to use their tokens. Artemis data show that $697 million of these tokens is in the XRP Ledger, while the rest is in Ethereum. Also, the 30-day adjusted transaction volume jumped to over $11.8 billion. XRP price technical analysis Ripple price chart | Source: TradingView The daily chart shows that the Ripple price has slumped in the past few days, moving from a high of $1.5485 on May 14 to the current $1.2800. It has moved below the key support level at $1.2810, its lowest level in February and April this year. The coin has slumped below all moving averages, a sign that bears remain in control. Also, the Relative Strength Index (RSI) and the MACD have continued pointing downwards. Therefore, there is a likelihood that the XRP price will continue falling, potentially to the key support level at $1.1200, its lowest point in February this year. On the other hand, a move above the key resistance level at $1.3600 will invalidate the bearish outlook. The post Here’s why the XRP price is in a deep dive today (May 28) appeared first on Invezz

28 May 2026, 04:30

Crypto Futures Liquidations Surge Past $346 Million in One Hour as Market Sell-Off Intensifies

BitcoinWorld Crypto Futures Liquidations Surge Past $346 Million in One Hour as Market Sell-Off Intensifies The cryptocurrency derivatives market experienced a sudden and violent shakeout in the past hour, with over $346 million worth of futures positions forcibly closed across major exchanges. The liquidation event, which primarily impacted leveraged long positions, pushed the 24-hour total to approximately $809 million, according to data from CoinGlass. What Triggered the Liquidations? The sharp spike in liquidations followed a rapid downward move in Bitcoin and Ethereum prices, which dropped more than 4% and 6% respectively within a 60-minute window. Analysts point to a combination of factors, including profit-taking after recent rallies, concerns over upcoming macroeconomic data, and cascading stop-loss orders that amplified the sell-off. Data shows that long positions accounted for over 85% of the liquidations, suggesting that traders who had been betting on continued upward momentum were caught off guard by the sudden reversal. The largest single liquidation order occurred on Binance, valued at over $12 million. Market Context and Broader Implications This liquidation event is the largest single-hour flush in over two months and underscores the persistent fragility of the crypto derivatives market. High leverage, often exceeding 50x on some platforms, amplifies price swings and can trigger rapid cascading liquidations when key support levels break. The broader cryptocurrency market capitalization has shed approximately $30 billion in the past 24 hours, bringing total market cap back below the $1.8 trillion mark. Trading volumes have surged, indicating heightened panic selling and forced unwinding of positions. Why This Matters for Traders For retail and institutional traders alike, this event serves as a stark reminder of the risks inherent in leveraged trading. Liquidation cascades can create artificial price dislocations, often driving prices below fair value before a partial recovery occurs. Monitoring funding rates, open interest, and liquidation levels has become essential for navigating such volatile conditions. Historically, large-scale liquidation events have sometimes marked local bottoms, as excessive leverage is flushed out of the system. However, the current macroeconomic environment, including upcoming Federal Reserve interest rate decisions and geopolitical tensions, adds layers of uncertainty that make predicting the next move particularly challenging. Conclusion The $346 million hourly liquidation spike reflects a market caught off balance by a sudden shift in sentiment. While leveraged traders face immediate losses, the broader implications point to an ecosystem where risk management remains critical. As always, market participants are advised to exercise caution, use appropriate position sizing, and stay informed about macroeconomic catalysts that could influence price action in the days ahead. FAQs Q1: What is a futures liquidation? A futures liquidation occurs when a trader’s position is automatically closed by the exchange because the margin balance has fallen below the required maintenance level, usually due to adverse price movements. Q2: Why do liquidations happen in clusters? Liquidations often cascade because when large positions are forcibly closed, they add selling pressure, pushing prices further down and triggering additional liquidations at lower price levels. Q3: Is this level of liquidation unusual? While $346 million in one hour is significant, it is not unprecedented. Similar events have occurred multiple times in 2024 and 2025, often during periods of high market volatility or after prolonged rallies. This post Crypto Futures Liquidations Surge Past $346 Million in One Hour as Market Sell-Off Intensifies first appeared on BitcoinWorld .

28 May 2026, 04:10

Dollar Firms as US-Iran Tensions Escalate; All Eyes on PCE Data

BitcoinWorld Dollar Firms as US-Iran Tensions Escalate; All Eyes on PCE Data The US dollar edged higher on Tuesday as fresh military exchanges between the United States and Iran fueled demand for safe-haven assets, while traders held their breath ahead of the Federal Reserve’s preferred inflation gauge — the Personal Consumption Expenditures (PCE) price index — due later this week. Geopolitical Jitters Boost the Greenback The dollar index, which measures the currency against a basket of six major peers, rose 0.3% in early European trading, building on gains from the previous session. The move came after reports of a new round of US airstrikes against Iranian-linked targets in the Middle East, marking the latest escalation in a conflict that has already disrupted regional shipping and stoked fears of a broader war. “The dollar is benefiting from classic safe-haven flows,” said a senior currency strategist at a London-based bank. “When geopolitical risk spikes, investors tend to buy the dollar, the yen, and gold. We’re seeing that play out now.” The yen also strengthened, trading near a one-month high against the dollar, while the euro and sterling struggled to hold ground. Oil prices, meanwhile, climbed more than 1% on supply disruption fears, adding to inflation concerns that have kept central banks on alert. PCE Data: The Fed’s Next Clue But the geopolitical drama is only half the story. Markets are now laser-focused on Friday’s release of the core PCE price index for February, which the Fed uses as its primary inflation gauge. Economists expect a month-over-month increase of 0.3%, which would keep the annual rate at around 2.8% — still above the Fed’s 2% target. Any upside surprise could further reduce expectations for rate cuts this year, giving the dollar additional support. Conversely, a softer reading might ease pressure on the greenback and revive risk appetite. “The PCE data is the main event this week,” said a market analyst in New York. “If inflation proves sticky, the Fed will stay hawkish, and that’s dollar-positive. If it cools, the dollar could give back some gains.” What This Means for Investors For forex traders, the combination of geopolitical risk and monetary policy uncertainty creates a volatile mix. The dollar’s direction in the coming days will likely hinge on two variables: whether US-Iran tensions escalate further, and whether PCE data confirms or challenges the Fed’s current cautious stance. Emerging market currencies are particularly vulnerable. A stronger dollar, combined with higher oil prices, could strain import-dependent economies in Asia and Africa. Safe-haven flows may also weigh on risk-sensitive assets like equities and high-yield bonds. Conclusion The dollar’s recent firming reflects a dual narrative: geopolitical fear driving safe-haven demand, and anticipation of key inflation data that could shape Fed policy for months to come. With both factors in play, currency markets are likely to remain on edge through the end of the week. Investors should watch for any diplomatic developments in the Middle East and the PCE release on Friday for clearer directional cues. FAQs Q1: Why does the dollar strengthen during geopolitical tensions? Investors often buy the US dollar during global crises because it is considered a safe-haven currency, backed by the world’s largest economy and deep, liquid financial markets. It tends to hold value better than riskier assets during uncertainty. Q2: What is the PCE price index and why does it matter? The Personal Consumption Expenditures (PCE) price index is the Federal Reserve’s preferred measure of inflation. It tracks changes in the prices of goods and services consumers buy. The core PCE excludes volatile food and energy items and gives the Fed a clearer picture of underlying inflation trends. Q3: How could the PCE data affect the dollar? If the PCE reading is higher than expected, it may reduce the likelihood of Fed rate cuts, which typically strengthens the dollar. A lower reading could revive expectations for looser policy, potentially weakening the greenback as investors seek higher yields elsewhere. This post Dollar Firms as US-Iran Tensions Escalate; All Eyes on PCE Data first appeared on BitcoinWorld .

28 May 2026, 04:00

Global liquidity adds $1 trillion this week – What will Bitcoin gain?

Global liquidity rises $1T to $143.4T as the DXY stabilizes at 99.11, though rising bond yields temper Bitcoin's bullish signal.

28 May 2026, 04:00

Coinone Halts HTX Deposits and Withdrawals Following UK Sanctions Designation

BitcoinWorld Coinone Halts HTX Deposits and Withdrawals Following UK Sanctions Designation South Korean cryptocurrency exchange Coinone has announced it will restrict deposits and withdrawals related to the HTX platform, effective May 28. The decision comes after Coinone confirmed that an HTX-affiliated entity, HUOBI GLOBAL S.A., has been added to The UK Sanctions List. Background of the Restriction Coinone stated that the move is a direct response to the UK sanctions designation. HUOBI GLOBAL S.A., which is closely linked to the HTX exchange, was placed on the UK Sanctions List, triggering compliance obligations for Coinone. The exchange emphasized that the restriction is a precautionary measure to ensure adherence to international financial regulations. Implications for Users and the Market Effective May 28, Coinone users will be unable to deposit or withdraw HTX-related assets through the exchange. This action highlights the growing intersection between cryptocurrency operations and global sanctions regimes. Market observers note that such compliance measures are becoming more common as regulators worldwide tighten oversight of digital asset platforms. Broader Compliance Trends The Coinone-HTX case is part of a wider pattern where cryptocurrency exchanges are increasingly aligning with international sanctions frameworks. Similar actions have been taken by other exchanges in response to sanctions lists maintained by the United States, European Union, and United Kingdom. For South Korean exchanges, which operate under strict regulatory oversight, compliance with foreign sanctions is a critical component of their licensing and operational requirements. Conclusion Coinone’s restriction on HTX deposits and withdrawals underscores the importance of sanctions compliance in the cryptocurrency industry. As regulatory scrutiny intensifies, exchanges are expected to continue implementing such measures to mitigate legal and financial risks. Users holding HTX-related assets on Coinone should take note of the May 28 deadline and plan accordingly. FAQs Q1: Why is Coinone restricting HTX deposits and withdrawals? Coinone is restricting HTX-related transactions because an affiliated entity, HUOBI GLOBAL S.A., has been added to The UK Sanctions List. This requires Coinone to comply with UK sanctions regulations. Q2: When will the restriction take effect? The restriction will be implemented on May 28. After this date, users will not be able to deposit or withdraw HTX-related assets through Coinone. Q3: What should Coinone users do with their HTX assets? Users should withdraw any HTX-related assets from Coinone before the May 28 deadline. After that, they may need to use other platforms or wallets that are not subject to the same restrictions. This post Coinone Halts HTX Deposits and Withdrawals Following UK Sanctions Designation first appeared on BitcoinWorld .