Invest ideasNews
9 May 2026, 14:10
Trader Predicts Major Crypto Market Move Next Week as Altcoins Poised for Breakout
BitcoinWorld Trader Predicts Major Crypto Market Move Next Week as Altcoins Poised for Breakout A prominent cryptocurrency trader known as ‘Pigeon’ in the community has forecasted that the broader crypto market is on the verge of a significant directional move, with many altcoins expected to break out of their prolonged sideways trading patterns as early as next week. Darryl Wang, widely recognized in trading circles as Eugene Ng Ah Sio, shared his analysis on social media, pointing to Bitcoin’s apparent stabilization around the $80,000 mark as a key foundation for a potential rally. According to Wang, the current market structure suggests that Bitcoin has established a local floor in that price zone. Market Conditions Favor a Move Higher Wang’s outlook is based on an assessment of market-wide volume and open interest (OI) data. He noted that most cryptocurrencies can now achieve substantial price movements with significantly less buying pressure than was required in previous months. This observation has led him to conclude that the market remains undervalued relative to its current positioning. “Based on current market-wide volume and OI, most coins can now move significantly with much less buying pressure than before,” Wang explained. “This leads me to believe the market is still undervalued.” The trader’s analysis aligns with a broader sentiment among some market participants that the recent consolidation phase has been a period of accumulation rather than distribution. Key Levels for Bitcoin and Altcoins For the anticipated rally to materialize, Wang emphasized that Bitcoin needs to cleanly break and hold above the $80,000 resistance level. A decisive move above this threshold, he argued, would provide the necessary confirmation for a broader market uptrend. Should Bitcoin successfully clear that hurdle, Wang expects major altcoins including Ethereum (ETH), Solana (SOL), and Hyperliquid (HYPE) to establish new upward trends. These assets have been trading in relatively tight ranges in recent weeks, with many investors waiting for a catalyst to trigger directional movement. However, Wang also cautioned that the market could face another rejection at key resistance levels, which would likely extend the current consolidation phase. He expressed hope that the market avoids such a scenario, which could dampen short-term bullish sentiment. What This Means for Traders and Investors For traders, the coming week represents a potentially pivotal period. If Bitcoin breaks above $80,000 with conviction, it could signal the start of a more sustained uptrend across the cryptocurrency ecosystem. Conversely, a failure to break resistance could lead to further sideways trading or a retest of lower support levels. Investors should remain cautious, as market predictions—even from experienced traders—carry inherent uncertainty. The cryptocurrency market is known for its volatility, and external factors such as regulatory developments, macroeconomic data, and geopolitical events can rapidly alter market dynamics. Conclusion While the prediction from a well-known trader like Wang adds weight to the bullish narrative, the actual market outcome will depend on Bitcoin’s ability to break through the $80,000 resistance level in the coming days. Traders and investors alike will be watching closely for confirmation signals, with altcoin movements likely to follow Bitcoin’s lead. FAQs Q1: Who is the trader ‘Pigeon’ and why is his prediction notable? Darryl Wang, also known as Eugene Ng Ah Sio and by the alias ‘Pigeon,’ is a well-followed cryptocurrency trader known for his market analysis. His predictions are closely watched by the trading community due to his track record and technical approach. Q2: What does ‘breakout’ mean in the context of altcoins? A breakout refers to a cryptocurrency’s price moving decisively above a resistance level or below a support level, often accompanied by increased volume. In this case, it means altcoins moving above their recent trading ranges to establish new upward trends. Q3: Why is the $80,000 level important for Bitcoin? The $80,000 level has acted as both support and resistance in recent trading. A clean break above it would signal renewed buying interest and could trigger a broader market rally, while a rejection could lead to continued consolidation or a price decline. This post Trader Predicts Major Crypto Market Move Next Week as Altcoins Poised for Breakout first appeared on BitcoinWorld .
9 May 2026, 14:02
Why Ripple CEO Says “You Will Be Happy in 5-Years Time” While XRP Remains Underwater
XRP sits well below its all-time high. Ripple, however, has spent the past two years building what analyst ChartNerd (@ChartNerdTA) describes as a foundational infrastructure stack. That gap between price action and institutional progress is exactly what his latest analysis addresses, and his conclusion points firmly toward a bullish future. What the XRP Chart Shows The chart ChartNerd presented tells a clear technical story. XRP formed a death cross in early 2026, with the short-term moving average crossing below the long-term moving average following the peak. Its price then broke beneath the $1.80 support/resistance level, a prominent zone on the chart. Since that break, it has compressed into a descending triangle formation, with a momentum indicator at the bottom of the chart now turning upward from deeply oversold territory. The triangle apex approaches, and a shift in momentum adds weight to the idea that resolution may be near. Why does Brad keep coming back to "you will be happy in 5-years time" when referencing $XRP .. @Ripple have arguably delivered their strongest institutional and regulatory progress to date over the past couple of years, but XRP's price action remains underwater. My thoughts pic.twitter.com/7JEi3SRaHa — ChartNerd (@ChartNerdTA) May 7, 2026 Ripple’s Institutional Build-Out ChartNerd’s core argument is that Ripple has used this period of price compression to expand aggressively. He points to several specific developments. Ripple Treasury confirmed integration with SWIFT . Ripple’s partnership program has grown. Hidden Road and Ripple Prime were listed on the NSCC. Most significantly, Ripple Prime was confirmed as a participant on the DTCC tokenization service, operating as a netting participant under the DTCC . On the scale of the opportunity, he referenced Ripple treasury’s projected growth, citing “roughly over $3 trillion” in assets expected to come on-chain by 2030. Why Brad Keeps Saying 5 Years Ripple CEO Brad Garlinghouse has repeatedly predicted that investors will be happy in five years. ChartNerd addressed this directly. “He understands this is a bear market. He understands this happens. It’s part of the structure.” The price decline, in ChartNerd’s view, is not a failure of the Ripple thesis, but the environment in which Ripple chose to build. The acquisitions, partnerships, and regulatory progress all happened while XRP was down 60-70% from its peak. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Long-Term Trajectory ChartNerd acknowledged that XRP could move lower still. He did not treat that as a concern worth dwelling on. “Even if it does go lower, it doesn’t matter,” he said. “The long-term trajectory is north.” His position is that market participants who focus on short-term price movements miss the structural significance of what Ripple has assembled. The rails are being built, the institutional connections are in place, and the regulatory foundation is established. In his view, XRP’s price will eventually reflect that. 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 Why Ripple CEO Says “You Will Be Happy in 5-Years Time” While XRP Remains Underwater appeared first on Times Tabloid .
9 May 2026, 14:00
Wells Fargo, Bank of America in losers; IREN, Hut 8, Circle Internet among gainers: week's financials wrap
More on related tickers IREN jumps 7%, inks five-year $3.4B AI cloud deal with Nvidia IREN focuses on its expansion plans as Q3 revenue misses on weaker bitcoin price White House aims for July 4 passage of Clarity Act, crypto adviser says Anthropic’s finance AI agents promise gains, but adoption hurdles persist
9 May 2026, 14:00
Chainlink Price Surges Above $10 For First Time Since January — Details
The cryptocurrency market has seen increased commentary about the imminence of an altcoin season over the past week, with the Chainlink price performance a major contributor to the conversation. The LINK token, which has had a rough ride this year, seems to have roared back to life over the last few days. Despite facing rejection around the $10 mark earlier in the week, the Chainlink price appears to have finally broken the psychological resistance after strong action on Friday, May 8th. A prominent crypto analytics firm has pinpointed potential catalysts behind LINK’s recent price resurgence. LINK Exchange Supply Drops By 10% Since Early April: Santiment In a recent post on the social media platform X, Santiment identified the drivers for Chainlink’s price to reach $10.48, its highest market value since January. According to the market intelligence firm, the price jump in the past day has pushed the LINK token into the top 15 largest cryptocurrencies by market capitalization. Related Reading: Bitcoin Faces Massive Long Liquidation Imbalance As $15 Billion Sits Below Price Santiment revealed that a spike in Chainlink mentions in social media discussions over the past week might have played a role in the altcoin’s price resurgence. The analytics firm noted that Chainlink’s social volume reached a three-month high during the week. Indeed, an increase in social media comments and volume can signal improving investor sentiment for a cryptocurrency. However, investors might want to watch for extreme levels of social commentary, which could signal a local top, as the market tends to move in the opposite direction of the crowd. Furthermore, Santiment highlighted the recent decline in the Chainlink supply on centralized exchanges as another catalyst for its price breakout. According to the latest on-chain data, approximately 13.5 million LINK tokens have flowed out of cryptocurrency exchanges in the past five weeks, bringing down the exchange supply by more than 10.5% since early April. Typically, increased outflows from cryptocurrency exchanges are considered a bullish indicator, which could signal fresh accumulation or a shift in investor holding strategy (as investors with long-term horizons often hold their assets in non-custodial wallets). Hence, the Chainlink price could return to higher levels if the exchange outflow trend continues. Chainlink Price Overview As of this writing, the price of LINK stands at around $10.38, reflecting a more than 5% surge in the past 24 hours. Meanwhile, the altcoin has been one of the best-performing cryptocurrencies in the past week. Data from CoinGecko shows that the Chainlink price is up by nearly 14% on the weekly timeframe. Related Reading: Samourai Wallet Founder Writes From Prison Asking Bitcoin Community For Help — Family Is Out Of Options Featured image from iStock, chart from TradingView
9 May 2026, 13:55
US Spot Bitcoin ETFs Extend Inflow Streak to Six Weeks, Adding $3.4 Billion
BitcoinWorld US Spot Bitcoin ETFs Extend Inflow Streak to Six Weeks, Adding $3.4 Billion U.S. spot Bitcoin exchange-traded funds (ETFs) have recorded net inflows for six consecutive weeks, attracting a combined $3.4 billion during that period, according to data from SoSoValue. The streak, which began in mid-March, marks the longest sustained run of positive flows since late July. Renewed Investor Appetite The most recent weekly data, for the period ending April 17, showed net inflows of $996.38 million — the largest single-week total since mid-January. This surge suggests a renewed appetite among institutional and retail investors for direct Bitcoin exposure through regulated ETF products, despite ongoing macroeconomic uncertainties. Analysts note that the current inflow pattern resembles the trend observed last summer, though the scale of capital entering the funds is notably smaller. The earlier rally, which peaked in early 2025, saw weekly inflows exceeding $2 billion at times. What’s Driving the Momentum? Market observers point to several factors behind the sustained interest. Bitcoin’s price stabilization above key support levels, combined with growing expectations of clearer regulatory frameworks, has encouraged investors to allocate capital to spot ETFs. Additionally, the recent approval of options trading on certain Bitcoin ETFs has provided new hedging and yield-generation opportunities for institutional players. However, the broader economic environment remains a wild card. Persistent inflation data and shifting Federal Reserve policy signals continue to influence risk appetite across all asset classes, including cryptocurrencies. Will the Streak Continue? Whether the inflow streak extends to a seventh week will depend on trading activity in the coming days. Historically, such runs have been followed by periods of consolidation or mild outflows as investors take profits. The coming week’s flows will offer a clearer signal of whether this trend has lasting momentum or is merely a short-term rally within a longer-term sideways market. Conclusion The six-week inflow streak for U.S. spot Bitcoin ETFs underscores a measured but persistent return of capital to the digital asset space. While the volume remains below previous peaks, the consistency of flows suggests growing confidence in Bitcoin as an institutional-grade asset. Investors and market participants will be watching closely to see if the trend can sustain itself into May. FAQs Q1: What are spot Bitcoin ETFs? Spot Bitcoin ETFs are exchange-traded funds that hold actual Bitcoin as their underlying asset, allowing investors to gain exposure to Bitcoin’s price movements without directly buying or storing the cryptocurrency. Q2: Why are six straight weeks of inflows significant? Consistent inflows over multiple weeks indicate sustained investor demand and confidence, rather than a one-time speculative spike. This streak is the longest since July, signaling a potential shift in market sentiment. Q3: Where does the data come from? The inflow figures are compiled by SoSoValue, a financial data platform that tracks the daily and weekly performance of U.S.-listed spot Bitcoin ETFs, including those from issuers like BlackRock, Fidelity, and Ark Invest. This post US Spot Bitcoin ETFs Extend Inflow Streak to Six Weeks, Adding $3.4 Billion first appeared on BitcoinWorld .
9 May 2026, 13:52
Dogecoin tests $0.118 resistance as key support zone looms
🚨 Dogecoin faces tough resistance at $0.118 just as buyers and sellers fight for control in $DOGE. Price is blocked by both long-term channel limits and Fibonacci barriers. Continue Reading: Dogecoin tests $0.118 resistance as key support zone looms The post Dogecoin tests $0.118 resistance as key support zone looms appeared first on COINTURK NEWS .
