hodler

2 Jun 2026, 06:02

121 Days of XRP Consolidation Before a Major Breakout

Crypto analyst Oscar Ramos (@realOscarRamos1) has been watching XRP closely. He recently posted that the asset has spent 121 days consolidating before what he expects to be a “MAJOR Breakout,” with the CLARITY Act as the key catalyst. The chart attached to his post tells a clear story. After a flash crash in early February, XRP entered a prolonged consolidation phase. Price action compressed between roughly $1.25 and $1.55, and all attempts to push higher have been stopped. At the time of posting, XRP trades at $1.3447, down -35.68% from its cycle highs. So far, 121 days of $XRP Consolidation before a MAJOR Breakout led by Clarity Act. pic.twitter.com/H1zuSNKBVA — Oscar Ramos (@realOscarRamos1) May 31, 2026 What the Chart Shows The chart shows a descending resistance line cutting through recent highs, pressing XRP’s price lower. XRP has repeatedly held support without breaking down. The February flash crash reset the market, and since then, XRP has been coiling within this range. Ramos identifies 121 days of that behavior as meaningful. He believes that once the CLARITY Act brings full regulatory clarity to the market, the consolidation will give way to a major breakout. The CLARITY Act’s Progress The Digital Asset Market Clarity Act has made real progress in 2026. The Senate Banking Committee voted 15-9 to advance the bill in May, marking a critical step toward a comprehensive regulatory framework for crypto market participants. Markets reacted immediately after the committee vote. Bitcoin climbed to $81,965, and XRP’s brief rally above $1.50 aligned with the market’s momentum. However, this surge was short-lived because the bill still has ground to cover. It must be merged with a version already approved by the Senate Agriculture Committee , and a conflict-of-interest provision remains unresolved before a full Senate floor vote can take place. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What’s Next for XRP? Full Senate passage would represent the most significant regulatory development in U.S. crypto history. A presidential signature from Trump would follow, converting years of regulatory ambiguity into a defined legal framework. XRP already has full legal clarity with the SEC, and this bill further reinforces its status. The chart shows XRP holding within the structure despite the pullback from $1.50. The consolidation Ramos identifies has not broken down. Price remains above the February lows. If the CLARITY Act clears the full Senate and reaches Trump’s desk, XRP’s 121-day base could serve as the foundation for a significant move toward much higher levels. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post 121 Days of XRP Consolidation Before a Major Breakout appeared first on Times Tabloid .

2 Jun 2026, 06:00

Strategy Ends Bitcoin Buying Streak With Rare Sale—How Much Did It Sell?

Bitcoin treasury company Strategy has made its first BTC sale since 2022, putting an end to a 3.5-year phase of only accumulation. Strategy Just Sold Bitcoin Worth $2.5 Million According to an 8-K filing with the US Securities and Exchange Commission (SEC), Strategy just made a Bitcoin sale. The amount involved in the transaction was relatively modest, only 32 BTC, but the story here is that the resolute HODLer of the cryptocurrency sold at all. Led by Michael Saylor, Strategy has aggressively accumulated Bitcoin in recent years, announcing buys regularly on Mondays. Just two weeks ago, the firm announced a massive $2.01 billion acquisition. Last Monday, however, Strategy opted to not participate in any BTC accumulation, with Saylor noting that the company bought bonds instead. Now, with this Monday’s filing, the pause in buying has seemingly completely reversed into distribution. The sale hasn’t come out of the blue. As reported by Bitcoinist, Saylor said in early May that Strategy could participate in some BTC selling mainly to prove a point. “We’ll probably sell some Bitcoin to fund a dividend, just to inoculate the market, just to send the message that we did it,” noted the chairman. In the SEC filing, Strategy noted that proceeds from the BTC sale are expected to be used to fund distributions, suggesting that it’s the sale Saylor hinted at. The firm parted with these tokens for a total of $2.5 million, coming down to an average of $77,135 per BTC. While the new sale is an extraordinary event, it’s not without precedent. Back in December 2022, Strategy sold 704 BTC for tax-loss harvesting as BTC traded at the lowest levels of that year’s bear market. Shortly after, the firm bought back more of the asset than it had distributed. As such, it only remains to be seen what Strategy will do going forward this time. Following the latest Bitcoin sale, the treasury company’s stack has shrunken to 843,706 BTC. The firm spent $63.87 billion to assemble these reserves, putting an average cost basis per coin at $75,699. The recent market decline has taken the cryptocurrency’s price below this mark, meaning that Saylor’s firm is in the red right now. While Strategy has participated in distribution, Bitmine, the largest Ethereum treasury company, has accumulated more instead. As announced in a Monday press release , Bitmine added 26,497 ETH to its holdings over the past week. After this new acquisition, the company’s Ethereum reserves have reached the 5.42 million ETH mark, corresponding to 4.49% of the asset’s total supply in circulation. Bitmine has set a goal of 5% of the ETH supply, so at the current figure, the firm is 90% on its way to the target. BTC Price The market has reacted negatively to the sale of the Strategy sale as the Bitcoin spot price has slumped to $71,400.

2 Jun 2026, 05:55

Bitcoin Hits $70K After Losing Key Cost Basis Zone as Analysts Warn of Deeper Drawdown

Bitcoin is on “the edge of a breakdown,” reported onchain analytics firm Swissblock on Monday. The analysts noted that the loss of the “Cost Basis Zone” has already triggered a decisive drawdown. Consolidation inside this zone appeared constructive, but there was no confirmation, and BTC failed to hold it, showing little strength when trying to reclaim it, they said. “That shifted the framework from consolidation into breakdown risk.” BTC Needs to Re-enter The Battlefield The Cost Basis Zone is currently between around $72,000 and $79,000, according to the Swissblock chart. It measures the price range where recent Bitcoin buyers, especially short-term holders, acquired their BTC on average and acts as a key support/resistance level based on the actual purchase prices of coins in circulation. “The only way BTC recovers its bullish posture is by re-entering the Cost Basis Battlefield with strength.” Bitcoin is on the edge of a breakdown. The loss of the Cost Basis Zone has already triggered a decisive drawdown. At first, consolidation inside the cost-basis battlefield looked constructive. But consolidation was not confirmation. BTC failed to hold the zone, then showed… pic.twitter.com/6qGc0nYKYn — Swissblock (@swissblock__) June 1, 2026 Bitcoin is “under growing pressure,” stated Glassnode on Monday. “Sellers dominate spot, ETF outflows accelerate to $1.3 billion, and fresh capital has stalled,” it added. “Structure has broken, and momentum favours the downside near-term.” Bitcoin ETP provider Bitcoin Capital echoed the sentiment, stating that the recovery stalled exactly at the short-term holder cost basis and rolled over. Key on-chain metrics have broken down at current price levels, which are a “contained drawdown and failed recovery.” “Bitcoin’s weakness against the wider market has reached its highest point ever,” commented the usually bullish ‘Sykodelic’. “It is now the only macro asset not in expansion.” “At this moment, Bitcoin has completely decoupled from every other macro asset, for the first time since it was created.” It will also be the first time any macro asset has “created its own unique path and ignored the underlying forces that govern financial markets,” he added. Bitcoin Dumps to $70K Bitcoin fell to $70,000 in early Asian trading on Tuesday morning, marking a 3.8% daily decline. The asset is currently down 8% on the week and is poised to fall back into the $60,000 zone, returning to levels last seen in early April. It is still largely range-bound, as it has been since early February, but could now fall to the bottom of that range, around $65,000. A recent SEC filing revealed that Michael Saylor’s Strategy sold 32 BTC in late May for around $2.5 million, compounding the overwhelmingly bearish sentiment. The post Bitcoin Hits $70K After Losing Key Cost Basis Zone as Analysts Warn of Deeper Drawdown appeared first on CryptoPotato .

2 Jun 2026, 05:35

Trump Rejects CNN Report That Iran Deal Lacks Nuclear Provisions

BitcoinWorld Trump Rejects CNN Report That Iran Deal Lacks Nuclear Provisions President Donald Trump on June 1 publicly refuted a CNN report that claimed the Iran nuclear agreement signed during his administration did not address nuclear issues. In a statement, Trump insisted the deal explicitly prohibits Iran from developing nuclear weapons and that the vast majority of the agreement focuses on the nuclear matter in highly detailed and enforceable terms. Context of the Dispute The CNN report, which drew sharp criticism from the president, alleged that the agreement—formally known as the Iran Nuclear Deal—was largely silent on nuclear concerns. Trump characterized the report as misleading and part of a broader pattern of what he described as ‘fake news media’ coverage. He singled out CNN and other outlets for what he called dismal ratings, suggesting that even a change in ownership would not help them recover audience trust. Background of the Iran Nuclear Agreement The deal in question, which Trump negotiated and signed in 2018, was intended to replace the 2015 Joint Comprehensive Plan of Action (JCPOA) reached under the Obama administration. Trump’s version imposed stricter economic sanctions and required Iran to halt uranium enrichment beyond certain thresholds, among other provisions. Critics, however, have argued that the agreement lacked robust verification mechanisms and sunset clauses, while supporters—including Trump—maintain it is the strongest framework ever achieved with Iran. Implications for Media Credibility and Policy This latest exchange highlights the ongoing tension between the Trump administration and major news organizations, particularly over coverage of foreign policy. The president’s remarks also reinforce his long-standing critique of mainstream media, which he argues is biased against his administration. For readers, the dispute underscores the importance of consulting multiple sources and original documents when evaluating claims about complex international agreements. Conclusion President Trump’s denial of the CNN report is part of a continuing narrative of friction between his administration and the press. While the specific details of the Iran deal remain a subject of debate among experts and policymakers, the president’s statement serves as a reminder of the polarized information environment surrounding U.S. foreign policy. As the 2024 election cycle approaches, such clashes are likely to persist, making factual clarity and context essential for informed public discourse. FAQs Q1: Did the Iran deal signed by Trump actually address nuclear issues? According to President Trump, the deal explicitly prohibits Iran from possessing nuclear weapons and includes extensive provisions on the nuclear issue. Critics, however, have questioned the strength of verification and enforcement mechanisms. Q2: What was the CNN report about? CNN reported that the Iran nuclear agreement signed by Trump did not address nuclear issues, a claim the president strongly denied. The report has not been independently verified by other major outlets. Q3: Why does Trump criticize CNN and other media? Trump has repeatedly accused CNN and other mainstream outlets of biased coverage and has labeled them ‘fake news media.’ He cited their declining ratings as evidence of lost public trust. This post Trump Rejects CNN Report That Iran Deal Lacks Nuclear Provisions first appeared on BitcoinWorld .

2 Jun 2026, 04:50

Citi Projects Tokenization Market Could Hit $5.5 Trillion by 2030, Driven by Treasury and Equity Markets

BitcoinWorld Citi Projects Tokenization Market Could Hit $5.5 Trillion by 2030, Driven by Treasury and Equity Markets Global bank Citi has released a new analysis forecasting that the tokenization market — the process of representing real-world assets as digital tokens on a blockchain — could grow to approximately $5.5 trillion by the year 2030. The projection, first reported by CoinDesk, highlights the accelerating institutional interest in digitizing traditional financial instruments. Forecast Range and Key Drivers Citi’s analysis suggests the market size could vary significantly based on adoption rates, with a base case of $5.5 trillion. However, the bank’s model also accounts for a lower bound of $2.7 trillion and an upper bound of $8.2 trillion. This wide range reflects the nascent stage of the industry and the uncertainty around regulatory frameworks and infrastructure development. The primary drivers identified include efficiency gains in settlement and clearing, reduced operational costs, and the potential for fractional ownership of traditionally illiquid assets. The report specifically points to the potential for tokenization to democratize access to high-value markets. Tokenization of US Treasuries and Equities In a notable detail, Citi expects that by 2030, approximately 10% of the U.S. Treasury market and 3% of the U.S. stock market could be tokenized. This would represent a significant shift in how these core asset classes are issued, traded, and settled. The U.S. Treasury market alone is valued at over $26 trillion, making even a 10% tokenization a multi-trillion-dollar opportunity. Several major financial institutions, including BlackRock and JPMorgan, have already launched tokenization pilots or products, signaling that the trend is moving beyond experimental phases into live production environments. The tokenization of money market funds and private credit has also gained momentum. Why This Matters for Investors and Markets For investors, tokenization promises faster settlement times, 24/7 trading capabilities, and the ability to trade in smaller increments. For the broader financial system, it could reduce counterparty risk and improve transparency. However, challenges remain, including the need for standardized legal frameworks, interoperability between different blockchain networks, and robust custody solutions. The Citi report adds to a growing body of research from major banks and consulting firms that see tokenization as a transformative force in finance, rather than a passing trend. It reinforces the view that blockchain technology is finding its most compelling use case in the back-office operations of traditional finance. Conclusion Citi’s forecast of a $5.5 trillion tokenization market by 2030 underscores the growing conviction among institutional players that digital asset infrastructure will fundamentally reshape capital markets. While the path to adoption is not without hurdles, the projected figures suggest a major shift is underway, with U.S. Treasuries and equities leading the charge. The coming years will be critical in determining whether the market reaches the upper or lower bounds of Citi’s range. FAQs Q1: What is asset tokenization? Asset tokenization is the process of issuing a digital token on a blockchain that represents ownership or a claim on a real-world asset, such as a bond, stock, real estate, or commodity. It allows for fractional ownership and more efficient trading. Q2: Why is Citi’s forecast significant? Citi is one of the world’s largest financial institutions, and its public forecast signals that tokenization is moving from a niche technology to a mainstream financial trend. The projected $5.5 trillion figure is one of the highest estimates from a major bank. Q3: What are the main obstacles to tokenization adoption? Key obstacles include unclear or inconsistent regulations across jurisdictions, lack of standardized technical protocols, concerns about custody and security, and the need for integration with existing financial systems. This post Citi Projects Tokenization Market Could Hit $5.5 Trillion by 2030, Driven by Treasury and Equity Markets first appeared on BitcoinWorld .

2 Jun 2026, 04:30

Citi Projects $5.5T Tokenized Market by 2030 as Wall Street Moves Onchain

Citi expects tokenized securities and real-world assets to grow from about $17 billion today to $5.5 trillion by 2030. The bank says Treasury bills, digital stocks, and stablecoins could become the main drivers of Wall Street’s move onchain. Citi Highlights Stablecoins, Treasuries and Stocks as Tokenization Leaders Citi expects the market for tokenized securities to