hodler

5 Jun 2026, 16:02

Egrag Crypto Presents Deepest RSI Reset In History. Here’s What to Watch

Crypto analyst EGRAG CRYPTO (@egragcrypto) believes XRP is approaching a critical point after what he described as one of the deepest Relative Strength Index (RSI) resets in the asset’s history. While momentum has weakened sharply, he argued that XRP continues to hold its larger structural setup. This condition has preceded major expansions in previous market cycles, and this may be repeating . In his recent analysis, EGRAG CRYPTO said XRP is “shaping up to be one of the deepest RSI in XRP history while price is still holding macro structure.” #XRP – Deepest RSI Reset In History? : #XRP Now shaping up to be one of the deepest RSI in #XRP history while price is still holding macro structure. Historically, #XRP cycles experienced: Sharp RSI resets Emotional exhaustion Deep sentiment destruction But this cycle… pic.twitter.com/vHRcKxqJ74 — EGRAG CRYPTO (@egragcrypto) June 4, 2026 Historical Pattern Remains Intact The chart compares XRP’s current RSI behavior with prior cycle formations dating back several years. In each highlighted period, RSI surged to elevated levels before entering a prolonged reset phase. Those resets eventually gave way to strong upward moves. According to EGRAG CRYPTO, previous XRP cycles experienced sharp RSI resets , emotional exhaustion, and deep sentiment destruction. He added that the current cycle pushed RSI into even more extreme territory. Despite that reset, the analyst said the historical “1-2-3 structure” remains intact. EGRAG CRYPTO noted that if the latest RSI breakdown is treated as a second retest within that sequence, the setup remains valid. The chart marks the current area with another red box and labels the ongoing formation as points 1, 2, and 3. The Importance of the Green Line A key level on the chart sits at the green horizontal line near an RSI reading of 44. EGRAG CRYPTO stated that he is “Waiting to re-claim the Green Line (44).” That level now serves as the main area traders may watch for confirmation that momentum is shifting back in XRP’s favor. The chart shows RSI currently below the green line after falling into what EGRAG CRYPTO describes as an extreme reset zone . Above current levels, the chart also highlights resistance zones around 53.04, 54.00, and 55.45. A white arrow points toward those levels, suggesting they represent the next areas XRP’s RSI may need to reclaim before a larger move develops. What the Chart Suggests for XRP The most notable projection on the chart appears near the far-right side, where a large green arrow extends upward toward an RSI reading of 80.00. That target mirrors the strong momentum peaks seen during prior XRP cycles after similar reset periods. The analysis centers on the idea that structure remains the dominant factor. As he put it, “The market crushed momentum…but it has NOT fully broken structure.” For now, the analyst is watching whether XRP can regain the 44 RSI level and continue through the nearby resistance zone. 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 Egrag Crypto Presents Deepest RSI Reset In History. Here’s What to Watch appeared first on Times Tabloid .

5 Jun 2026, 12:02

Analyst to XRP Holders: Is This the Crypto Move We’ve Been Waiting 4 Months For?

XRP has reached a critical stage in its current market structure, according to crypto analyst CasiTrades. After months of monitoring the setup, she now believes the asset is entering the most important phase of its correction, with price action breaking below a major support level and approaching a key area that could determine the next major move. In her post, CasiTrades said the market is “finally getting to the important part” after waiting four months for the structure to develop. The accompanying chart outlines an Elliott Wave scenario, noting a possible decline toward $0.92 and $0.87 before a larger recovery attempt begins. The Crypto Move We've Been Waiting 4 Months For?! The crypto market is finally starting to see some selling pressure come through, and XRP is breaking below a very important support level. I've been watching for subwaves to develop so we could get a better idea of whether… pic.twitter.com/6QYURpGFQk — CasiTrades (@CasiTrades) June 4, 2026 XRP Enters Strongest Phase of the Decline CasiTrades noted that XRP appears to be developing a Wave 3 decline. Within Elliott Wave theory , Wave 3 often delivers the strongest momentum of a corrective sequence. The analyst explained that recent price action has helped clarify whether XRP would target $1.10 or $0.87 as the main support area. Based on the latest move, the chart now favors a deeper decline. The chart shows XRP breaking below a long-standing ascending support trendline while trading near $1.17. Converging trendlines that previously contained the asset have also given way, reinforcing the bearish wave count presented in the analysis. Why $0.92 Stands Out A major focus of the chart is the 1.618 Fibonacci extension level near $0.92. According to CasiTrades, this level aligns closely with the larger support around $0.87 that has remained in focus for months. The chart highlights additional Fibonacci levels throughout the decline. One projected path shows XRP falling toward the $0.92 region before finding support. A large green demand zone also sits below current prices, stretching across $0.87 and $1.10. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 At the same time, the RSI on the 4-hour chart has fallen toward oversold territory . That setup often accompanies periods when sellers begin losing momentum. What the Chart Suggests Next CasiTrades expects a three-step sequence to play out. The first move targets approximately $0.92. The second move involves a relief rally back toward $1.20. The final move would then test the major $0.87 support area. The analyst also identified a scenario that could accelerate a recovery. If buyers respond aggressively after a Wave 3 low, XRP may not require the final decline toward $0.87. The key signal would be a decisive recovery above the resistance level. CasiTrades said the first sign of strength would emerge if XRP reclaims resistance levels and convincingly breaks above $1.30. 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: Is This the Crypto Move We’ve Been Waiting 4 Months For? appeared first on Times Tabloid .

5 Jun 2026, 11:30

Binance Research: Crypto Exchanges Could Funnel $5 Trillion of New Equity Capital Into Markets

Crypto exchanges could channel as much as $5 trillion in fresh equity capital into global markets over the next five years, according to Binance Research, which found nearly 93% of Binance’s stock-trading users come from emerging markets. Exchanges as the New Gateway to Stocks In much of the developing world, opening a conventional brokerage account

5 Jun 2026, 09:39

Bitcoin Rebounds to $63K After $1.76B Flush as ETF Outflow Streak Snaps at $4.4B

Bitcoin News Grayscale's research desk warned that Bitcoin requires fresh institutional demand to establish a sustainable floor, arguing that Strategy's ability to accumulate additional tokens has ...

5 Jun 2026, 09:08

Critical Zcash Vulnerability Revealed by Founder: Key Details and ZEC Outlook

Zcash’s native cryptocurrency, ZEC, crashed by roughly 45% today, as the market reacted to a notable disclosure from the protocol’s founder, Zooko Wilcox, and other key ecosystem figures. The post explained that researchers had recently found and patched a critical vulnerability associated with Zcash’s Orchard shielded pool – one that could have allowed an attacker to create unlimited counterfeit ZEC without being detected. This brought to light one of the most serious kinds of bugs a cryptocurrency could face: one that threatens the integrity of the coin’s supply. It’s worth noting that the authors said they believe previous exploitation was unlikely; however, they also acknowledged that because of the protocol’s privacy features, there is no cryptographic way to prove today whether or not the bug itself was exploited before it was patched. What Happened to ZEC on June 5th, 2026? As seen in the chart below, ZEC experienced a massive crash on June 5th, 2026, losing more than 45% of its value and plummeting from above $600 to around $300 in a matter of hours. The sudden move followed a disclosure from the protocol’s founder, bringing to light a massive vulnerability that may have allowed attackers to mint counterfeit tokens. Let’s dive a bit deeper. Source: CoinGecko According to Zooko’s post on Twitter, security researcher Taylor Hornby discovered the vulnerability on May 29th, 2026, while reviewing the protocol’s Orchard circuit. To those unaware, Orchard is one of Zcash’s shielded pools – the part of the protocol that makes private transactions possible. Hornby had been hired by Shielded Labs back in April 2026 to conduct ongoing security research on the protocol. His job was to look for hidden flaws before malicious hackers could find it. The discovery came relatively short after Antrophic released its Opus 4.8 AI model on May 28th. In fact, Hornby used this same model as part of a targeted audit of the Orchard circuit. He combined AI-assisted review with traditional security research, and one day later he found the bug and disclosed it to the Zcash Open Development Lab, or ZODL for short. ZODL then coordinated an emergency response throughout the entire Zcash ecosystem, completing the fix by June 2nd, and thereby closing the window of risk. But that’s not the end of the story, because the bug could have caused damage before it was fixed. Allow me to explain. Why This Bug Was So Serious Put in simple terms, the vulnerability could have allowed for someone to create fake ZEC inside Orchard. Cryptocurrencies usually rely on very strict rules to prevent counterfeiting. A blockchain must absolutely know, at all times, that coins being spent really exist and that no one is secretly creating more than allowed. Zcash has a maximum supply of 21 million ZEC, similar to Bitcoin’s fixed-supply model. If someone is able to create unlimited fake ZEC, that would undermine one of the most basic and fundamental promises of the system itself. https://t.co/v7BiOdzU9E — zooko ⓩ (@zooko) June 4, 2026 The vulnerability was caused by what the authors described as an “under-constrained” element in the Orchard circuit. Now, a circuit is a mathematical system used to verify that a private Zcash transaction follows the rules without revealing sensitive details. These are the details about the sender, the receiver, and the amount. “Under-constrained” here means that the circuit did not fully check something it was supposed to be checking. In this case, the flaw enabled the insertion of false inputs into a core cryptographic operation, elliptic curve multiplication, while still making the proof appear valid. The researcher reportedly built a complete exploit and tested it in a local environment. During that test, the exploit generated virtually unlimited undetectable counterfeit ZEC. The authors admitted that if the same tool had been used on mainnet before the fix, it would have generated counterfeit ZEC directly in the real Zcash wallet. The Tradeoff for Privacy The crucial part of this disclosure is not only that the bug existed, but that Zcash’s privacy design makes it impossible to prove whether it was ever exploited before the fix. And it has been here for a while. To be precise – since Orchard was activated in May 2022. So that’s over 4 full years it could have been exploited. Zcash’s protocol is designed so that shielded transactions do not reveal public details about who sent the funds, who received them, or how much was transferred. That privacy is the whole point of the system. At the same time, though, it makes forensic analysis that much harder. On a traditional public and transparent blockchain, investigators are able to trace abnormal coin creation or suspicious transaction patterns. In Orchard, the relevant information, which could essentially point to any potential damages, is hidden by design. As a result, the authors concluded that there is no definitive cryptographic way of determining whether counterfeited coins were created before the vulnerability was patched. It’s important to note that this doesn’t mean that counterfeiting happened – it just means there’s no way to prove it doesn’t. Authors Think Exploitation Was Unlikely: Here’s Why Despite the serious nature of the vulnerability, the authors argue that prior exploitation was probably unlikely. The first reason they outline is that the vulnerability had gone unnoticed for years, despite Zcash’s protocol being reviewed by experienced security engineers and cryptographers. Orchard was activated back in May 2022, as we mentioned above, which means that the bug was there for four years without it being discoverd (or at least not that we know of such discovery). The second reason is that Hornby was onboarded to specifically search for deep protocol vulnerabilities, and this discovery was not accidental. It was the result of focused security effort using advanced tools and expert judgment. They also argued that the vulnerability was patched within just a few days after discovery. That said, the authors were very careful in asking the users not to simply trust their judgment, proposing a more formal way of restoring trust. What’s Next? First things first, Shielded Labs is working with other Zcash devs on a possible network upgrade that would allow users to reliably verify the integrity of the ZEC supply. This idea involves creating a new shielded pool and using “turnstile accounting” for coins leaving Orchard. Put simply, this would create a migration path that’s more controlled. Coins could move from the old pool to the new one under rules that are designed to make sure that more ZEC cannot come out than it legitimately went in. Naturally, this kind of network upgrade wouldn’t take place automatically – it would need community support through the normal government process. Opus 4.8 and Its Role in Discovering this Zcash Vulnerability One of the most impressive parts of this story is the role of AI-assisted security research. Taylor Hornby used Anthropic’s Opus 4.8 model as part of the review that led to the discovery. This doesn’t mean that AI “found the bug on its own.” The disclosure makes it clear that the process involved a very experienced professional, a targeted review, custom tooling, and expert analysis. However, it also shows that AI systems may increasingly become part of high-stakes security work, especially in complex cryptographic systems, where even the smallest mistakes can have disproportionately large consequences. Shielded Labs said it’s now accelerating this kind of proactive research. The post Critical Zcash Vulnerability Revealed by Founder: Key Details and ZEC Outlook appeared first on CryptoPotato .

5 Jun 2026, 09:00

Zcash Bug Could Have Minted Unlimited ZEC Undetected

A critical vulnerability in Zcash’s Orchard shielded pool could have allowed an attacker to create an unlimited amount of counterfeit ZEC without detection, according to a new disclosure from Zooko Wilcox, Jason McGee and security researcher Taylor Hornby. The flaw was discovered on May 29, remediated through an emergency ecosystem response completed by June 2, and has now triggered a broader debate over how Zcash can prove supply integrity in a privacy-preserving system. Orchard Flaw Puts Zcash Supply Integrity Under Scrutiny The vulnerability was found by Hornby , an experienced security engineer hired by Shielded Labs in April 2026 to conduct ongoing security research on the Zcash protocol. According to the disclosure, the mandate was straightforward: find protocol-level weaknesses before adversaries did. Hornby began reviewing Zcash with a combination of traditional security research and newer AI-assisted auditing methods. The timing was unusually compressed. Shortly after Anthropic released its Opus 4.8 model on May 28, Hornby used it in a targeted review of the Orchard circuit. One day later, he found a critical counterfeiting flaw and disclosed it to Zcash Open Development Lab, or ZODL , whose engineers coordinated the emergency response with other ecosystem participants. “The vulnerability could have been exploited to undetectably create an unlimited amount of counterfeit ZEC within Orchard,” the Shielded Labs post said . “Because of the privacy properties of Orchard, there is no way to cryptographically prove whether the vulnerability was exploited before it was remediated. However, a network upgrade can be deployed to protect users and prove the integrity of the Zcash supply.” The disclosure states that the bug was “real and exploitable.” Hornby, with the help of Opus 4.8, wrote a complete exploit and tested it in a local regtest environment, where it generated unlimited counterfeit ZEC that could not be detected. The authors said that had the same tool been run on mainnet, it would have generated unlimited, undetectable counterfeit ZEC in Hornby’s mainnet wallet. Technically, the issue involved an under-constrained element of the Orchard circuit. That made it possible to feed arbitrary false inputs into an elliptic curve multiplication while still passing the multiplication check. The vulnerability existed from Orchard’s activation in May 2022 until the emergency fix was deployed on June 1, 2026. That timeline is central to the concern. In a transparent ledger, supply irregularities can generally be audited by inspecting public balances and transaction values. Orchard is different by design: it hides amounts and transaction history. That privacy model means the system depends heavily on the correctness of the circuit rules that define valid shielded transactions. Josh Swihart, founder and CEO of Zcash Open Development Lab, the team behind the creation and launch of Zcash and builder of the Zodl wallet, framed the issue in those terms in a separate post. “A shielded Zcash transaction includes a proof that it followed the protocol’s rules, as defined in the rulebook (the circuit) that defines what constitutes a valid transaction. The Orchard vulnerability was in one of the rules, written loosely enough that it would accept false information and still pass. As a result, the engine could be convinced that a fake transaction was valid.” Swihart added that the flaw was not in Zcash’s underlying cryptography or the proof engine itself, but in the handwritten rules. In his words, “This was a flaw in the handwritten rules, not in the underlying cryptography or the engine that creates proofs.” Shielded Labs said prior exploitation appears unlikely, while emphasizing that users should not be asked to rely on that assessment alone. The authors pointed to several reasons for their view: the flaw had evaded years of scrutiny by leading cryptographers, Hornby was specifically hired to find such vulnerabilities, and the response window after discovery was sharply narrowed by the speed of ZODL and the broader Zcash ecosystem. “The discovery was not accidental—it was the result of a deliberate effort to identify vulnerabilities of this kind before malicious actors could,” the post said. “Taylor is one of the most skilled people in the world at this. He used the most recent AI tools, available only to white-hat security researchers, along with a sophisticated custom-built AI harness and prompts, and worked hard to outrace the attackers. We think he probably succeeded.” Still, the authors acknowledged the unresolved cryptographic uncertainty. Because of Orchard’s privacy properties and the nature of the bug, they said there is no definitive way to prove solely through cryptography whether the vulnerability was exploited before the fix. Shielded Labs Eyes New Pool And Formal Verification To address that, Shielded Labs is exploring a proposed network upgrade with other Zcash developers. The plan would deploy a new shielded pool and enforce turnstile accounting on coins moving from the existing Orchard pool, with the goal of allowing anyone to verify the integrity of the Zcash supply and prove the non-existence of counterfeit ZEC in Orchard. A follow-up post is expected next week with more details, including tradeoffs and implementation mechanics. Any major upgrade would still need community support and the standard governance process before activation. Swihart said a second Orchard pool could, in principle, be targeted for NU7 at the end of July, though he did not take a fixed position on whether that path should be pursued. He argued that the larger issue is preventing this class of failure from recurring, with formal verification as the strongest answer. “Formal verification fixes this,” Swihart wrote. “A mathematical proof can be constructed to reduce the parts humans must review to a concise, readable statement of the rules. A computer then checks the entire rulebook to ensure it matches. AI tools can now do the work of writing these proofs.” Shielded Labs said it is already accelerating proactive security work with Hornby and Anthropic, initiating a project to formally verify the Orchard circuit, and opening searches for a Head of Security and a Cryptographer. The episode leaves Zcash with a difficult but clear path: repair the trust assumptions around Orchard, prove supply integrity where possible, and move future shielded design closer to machine-checked guarantees rather than human-reviewed complexity. Over the past 24 hours, ZEC has fallen nearly 45% amid the uncertainty. At press time, it was trading at $337.