hodler

27 May 2026, 08:02

Analyst to XRP Holders: Respect Bear Markets or Be Eaten Alive. Here’s why

Crypto analyst ChartNerd shared a new XRP market chart, arguing that the asset remains undervalued despite failing to sustain several major bullish narratives over the years. The post focused on XRP’s historical price action following key events tied to the U.S. Securities and Exchange Commission and broader market expectations. The chart compared multiple XRP cycles dating back to 2014 and highlighted several deep corrections after major rallies. According to the graphic, XRP experienced declines of roughly 95%, 85%, and 96% during earlier market phases labeled “XRP No SEC Suppression.” Another section marked “XRP Under SEC Suppression” showed an 85% decline following the lawsuit. The most recent portion of the chart, labeled “$XRP Cleared The SEC,” displayed a projected or ongoing correction of around 65%. ChartNerd argued that many XRP holders expected stronger price performance after major legal and political developments, but said those narratives have continued to weaken over time. In the post, the analyst wrote that XRP “wasn’t meant to send post-SEC” in the way many traders expected. He added that several bullish expectations since July 2025 have faded and warned investors to “pay respect to bear markets” or risk significant losses. Wasn't $XRP meant to send post-SEC? Unfortunately, that narrative, like others since July 2025, have faded. Pay respect to bear markets or you will be eaten alive. One thing we CAN agree on: $XRP is undervalued and NOT priced in. Doesn't mean it can't drop lower first though pic.twitter.com/vVuk4A86Ig — ChartNerd (@ChartNerdTA) May 25, 2026 ChartNerd Warns Traders About Bear Market Conditions Despite the cautious tone, ChartNerd maintained that XRP remains undervalued and “not priced in.” However, the analyst also stressed that undervaluation does not guarantee immediate upside. He stated that the asset could still move lower before any stronger recovery develops. The post reflected ongoing frustration among XRP traders who expected sustained momentum following Ripple’s legal progress against the SEC and the broader shift in U.S. regulatory sentiment. Many investors believed that clarity surrounding XRP’s legal status would trigger a larger long-term rally. Instead, XRP has struggled to maintain upward momentum during broader market weakness. Community Debates Whether XRP Adoption Has Truly Started Several community members responded by pointing out how previous bullish catalysts failed to create lasting gains. XRP & HBAR European commented that XRP was expected to rise after the lawsuit, political changes involving President Biden, and the appointment of a new SEC chair. The user added that the latest major narrative now centers around the proposed CLARITY Act . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Another user, documenting XRP, argued that XRP actually reacted positively to the legal developments but only in the short term. The commenter said the token “nearly doubled” following the news but explained that the move reflected headline momentum rather than real adoption or utility-driven demand. Crypto user Syntrix also reinforced the bear market argument raised by ChartNerd. The commenter stated that XRP “cleared the SEC” but still “dropped right back down anyway,” adding that bear markets tend to overpower positive developments regardless of the news cycle. The discussion around the chart reflects a growing divide between long-term XRP holders who remain confident in future utility adoption and traders focused on the market’s current bearish structure. 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 Analyst to XRP Holders: Respect Bear Markets or Be Eaten Alive. Here’s why appeared first on Times Tabloid .

27 May 2026, 07:55

Russia Recommends Ban on Crypto Mining Near Moscow Until 2032

BitcoinWorld Russia Recommends Ban on Crypto Mining Near Moscow Until 2032 Russia’s Power Development Commission has formally recommended a ban on cryptocurrency mining in parts of the Moscow and Kursk oblasts, extending until 2032, according to a report from the state news agency TASS. The measure is intended to preserve the stability of local power supplies in regions already facing energy shortages. Scope of the Proposed Restrictions The recommended ban covers the entire Moscow metropolitan area, one of Russia’s most energy-intensive regions. It would affect both large-scale industrial mining facilities and smaller, individual miners operating in residential or commercial settings. The Kursk oblast, which also faces grid strain, is included in the proposal. Russian authorities have been evaluating regional restrictions on crypto mining for months, particularly in areas where electricity demand already exceeds supply. The commission’s recommendation marks the most concrete step yet toward formalizing those restrictions. Energy Grid Concerns Drive the Decision Cryptocurrency mining is notoriously energy-intensive, requiring vast amounts of electricity to power and cool specialized hardware. In regions like Moscow and Kursk, where industrial and residential demand is high, mining operations can place additional stress on aging infrastructure. The Power Development Commission cited the need to ensure reliable electricity for households and critical industries as the primary reason for the proposed ban. Russia has significant natural gas and hydroelectric resources, but distribution and grid capacity remain uneven. Some regions, particularly in Siberia, have welcomed miners for their ability to absorb surplus energy. In contrast, densely populated western regions face the opposite problem. Impact on Miners and the Industry If enacted, the ban would force mining operations in the affected areas to relocate or shut down. Large-scale facilities face significant relocation costs, while smaller miners may find it economically unviable to move. The uncertainty could also deter new investment in Russian mining infrastructure outside designated zones. The recommendation does not yet carry the force of law. It must be reviewed and approved by higher government bodies before implementation. However, the commission’s position signals the direction of regulatory thinking in Moscow. Conclusion Russia’s Power Development Commission has recommended a ban on cryptocurrency mining in the Moscow and Kursk oblasts through 2032, citing energy grid stability. The proposal targets both large facilities and small miners, reflecting growing regulatory pressure on the industry in energy-stressed regions. The final decision rests with federal authorities, but the recommendation marks a significant step toward formal restrictions. FAQs Q1: Why is Russia recommending a ban on crypto mining near Moscow? The Power Development Commission wants to protect the local power supply from strain caused by energy-intensive mining operations, especially in regions already facing shortages. Q2: Will the ban affect small miners or only large facilities? The proposed ban covers both large-scale industrial mining facilities and smaller individual miners operating in the affected regions. Q3: When would the ban take effect? The recommendation must still be reviewed and approved by higher government bodies. If enacted, the ban would last until 2032. This post Russia Recommends Ban on Crypto Mining Near Moscow Until 2032 first appeared on BitcoinWorld .

27 May 2026, 06:25

CATFI Rug Pull Leads to First Indictment Under South Korea’s New Crypto Law

BitcoinWorld CATFI Rug Pull Leads to First Indictment Under South Korea’s New Crypto Law South Korean prosecutors have indicted and arrested a group accused of orchestrating a rug pull involving the Solana-based meme coin CATFI, marking the first application of the country’s new unfair trading provisions under the Act on Virtual Asset User Protection. The case also represents the first arrest tied to a decentralized exchange (DEX) rug pull in South Korea, signaling a significant shift in how authorities handle crypto fraud. How the CATFI Scheme Unfolded According to the investigation, the group spent several million won to issue CATFI on Pump.fun in early 2025. After listing the token on a DEX, they executed a coordinated rug pull that saw the token’s price surge by 1,001 times within 26 hours of launch. The rapid price increase attracted approximately 6,000 investors before the collapse. Ultimately, 256 investors suffered losses totaling 900 million won (around $652,000). The perpetrators are alleged to have profited approximately 400 million won (about $290,000) from an initial investment of just 10 million won (around $7,200). Legal Implications and Precedent This indictment is the first test of South Korea’s Act on Virtual Asset User Protection, which came into effect in 2024. The law’s unfair trading provisions target market manipulation, insider trading, and fraudulent schemes in the crypto space. By applying these provisions to a DEX rug pull, prosecutors are expanding the legal framework to cover decentralized platforms, which have historically operated in a regulatory gray area. Legal experts note that this case could set a precedent for how South Korea handles similar crimes involving meme coins and DEXs, potentially deterring future fraudsters. Why This Matters for Crypto Investors The CATFI case highlights the risks inherent in meme coin investments, particularly those launched on platforms like Pump.fun, which allow rapid token creation with minimal oversight. The involvement of a DEX — where transactions are peer-to-peer and often pseudonymous — made the fraud harder to trace initially, but South Korean authorities demonstrated that decentralized platforms are not beyond the reach of the law. For investors, this case underscores the importance of due diligence and the potential for regulatory action even in the decentralized finance (DeFi) space. Conclusion The indictment of the CATFI rug pull group marks a pivotal moment in South Korea’s approach to crypto regulation. By applying the Act on Virtual Asset User Protection to a DEX-based fraud, prosecutors have sent a clear message that the country is serious about protecting investors and holding bad actors accountable, regardless of the platform used. As the case proceeds, it will be closely watched by regulators, legal experts, and crypto participants worldwide for its implications on future enforcement actions. FAQs Q1: What is the Act on Virtual Asset User Protection? The Act on Virtual Asset User Protection is a South Korean law that came into effect in 2024, designed to protect crypto investors by regulating unfair trading practices, including market manipulation, insider trading, and fraud. It also mandates that exchanges implement safeguards for user assets. Q2: What is a rug pull in crypto? A rug pull is a type of scam where developers create a cryptocurrency token, promote it to attract investors, and then abruptly withdraw all liquidity or sell their holdings, causing the token’s value to crash and leaving investors with worthless assets. Q3: How does this case affect other meme coin projects on Solana? This case signals that South Korean authorities are actively monitoring and prosecuting fraud on decentralized platforms, including those on Solana. Other meme coin projects operating in the region may face increased scrutiny, and investors should be cautious about projects with anonymous teams or suspicious tokenomics. This post CATFI Rug Pull Leads to First Indictment Under South Korea’s New Crypto Law first appeared on BitcoinWorld .

27 May 2026, 05:30

Kenyan Official Rejects New Crypto Tax Claims as Nairobi Tightens Virtual Asset Rules

Kenyan Treasury Cabinet Secretary John Mbadi dismissed widespread rumors that the Finance Bill 2026 introduces new taxes on cryptocurrency transactions. Clarifications on Digital Content and Bread Taxes In a bid to quell growing public anxiety, Kenyan Treasury Cabinet Secretary John Mbadi has dismissed reports that the government is imposing fresh tax levies on cryptocurrency transactions.

27 May 2026, 04:30

Economist Dawie Roodt Warns South Africans May Drop Local Currency as Crypto Rules Tighten

A South African economist warns that the National Treasury’s proposed crypto regulations are an unenforceable attempt at state control that will ultimately backfire. The Push Toward Decentralized Tech South Africa’s continued reliance on exchange controls will push citizens toward cryptocurrencies and stablecoins unless the system is dismantled, Efficient Group director and chief economist Dawie Roodt

27 May 2026, 02:30

Crypto PACs Flex Political Muscle In High-Stakes Texas Runoffs

Bets on the Texas Republican Senate primary runoff topped $16 million in total volume on prediction platform Kalshi, which gave crypto-backed candidate Ken Paxton a 96% chance of defeating incumbent John Cornyn heading into Tuesday’s vote. The Kalshi platform had consistently favored the Democratic challenger in the House race as well, with Christian Menefee’s odds holding firm since February. Two PACs with ties to the cryptocurrency industry are behind millions of dollars in advertising spending tied to both races. The Stakes Behind The Spending Texas voters cast ballots Tuesday in two runoffs — one statewide, one in the Houston-area 18th congressional district. On the Republican side, Paxton faced Cornyn for the US Senate seat. On the Democratic side, Green faced Menefee to determine who runs in November’s general election. The outcomes could shape the balance of power in Congress when the new session begins in 2027. Protect Progress, which is affiliated with the Ripple- and Coinbase-backed Fairshake PAC, reported spending $5 million on ads backing Menefee. It spent another $2.8 million on ads that ran against Green, whom the PAC described as “actively hostile” to digital assets. Reports disclose that Menefee also drew the endorsement of the Blockchain Leadership Fund, a committee backed by Anchorage Digital and Chainlink Labs, though that group had not reported any expenditures as of Monday. An Unusual Advertising Strategy Not all of the ads focused on cryptocurrency . At least one spot funded by Protect Progress attacked Green over his opposition to US President Donald Trump — with no mention of crypto or blockchain anywhere in the ad. A local commentator who appeared on a FOX26 segment said he saw 12 television commercials in a single day paid for by the Protect Progress PAC, pointing out that the same group of people funding those ads are also among Trump’s primary financial backers. The Senate race drew spending from a separate PAC. The Fellowship PAC, backed by Wall Street firm Cantor Fitzgerald and Anchorage, reported a $500,000 expenditure in support of Paxton — a move that came roughly 24 hours after Trump endorsed Paxton and criticized Cornyn for being slow to back him as a Republican presidential candidate. Prediction Markets And What They Showed Kalshi gave Menefee a 91% chance of winning the Democratic House primary. Rival platform Polymarket showed similar odds for both candidates in their respective races. Under the current Republican-led Congress, lawmakers have already passed cryptocurrency-friendly legislation, including the stablecoin GENIUS Act, giving the industry a clear interest in who holds these seats when the next session convenes. Featured image from Getty Images, chart from TradingView