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9 May 2026, 13:10
Ethereum eyes $4,900 target after trading below $2,400
🚨 Ethereum continues trading below $2,400 despite bullish chart signals. Analysts see a move above $2,400 as key for a $4,900 target in $ETH. 📊 Critical data shows major resistance levels still holding strong. Continue Reading: Ethereum eyes $4,900 target after trading below $2,400 The post Ethereum eyes $4,900 target after trading below $2,400 appeared first on COINTURK NEWS .
9 May 2026, 13:02
Egrag Crypto Says XRP is Positioning for Macro Expansion. Here’s What to Watch
XRP continues to trade inside a tightening structure as crypto analyst EGRAG CRYPTO (@egragcrypto) points to a possible expansion phase forming on higher time horizons. In a recent post on X, the analyst said, “This isn’t Forex trading. This is positioning for a macro expansion,” while highlighting both a daily symmetrical triangle and a smaller 4-hour ascending broadening wedge on the latest XRP charts. The setup places XRP near a critical decision zone after several weeks of compression between rising support and descending resistance. EGRAG CRYPTO’s chart shows XRP trading around $1.41 while testing the apex of the larger triangle. The analyst identified $1.47 to $1.5 as the key breakout region that could open the door for a stronger upward continuation. #XRP – Small Moves: What You Are Missing. I Can probably hit a 95% accuracy rate on low time frame. But that game is time-consuming when you already understand where #XRP is ultimately heading. This isn’t Forex trading. This is positioning for a macro expansion. pic.twitter.com/o33Hlx5DkF — EGRAG CRYPTO (@egragcrypto) May 8, 2026 XRP Tests Major Resistance Zone The daily chart shows XRP holding a long-term ascending support trendline that began forming after the sharp February decline . At the same time, the asset’s price continues to press against a descending resistance line that has capped recent rallies. That structure has created a large symmetrical triangle . The analyst noted that a breakout from the pattern could send XRP toward a “full measured move” target near $2.3. The chart also marks a major resistance region between $1.8 and $1.9 before any move toward the higher target develops. Price action near the triangle apex has become increasingly compressed. That often precedes a sharp directional move as buyers and sellers battle near converging trendlines. XRP recently pushed into the upper boundary before pulling back slightly toward support around $1.40. 4-Hour Structure Signals Expansion Attempt EGRAG CRYPTO also highlighted an ascending broadening wedge on XRP’s 4-hour chart. The structure shows higher highs and higher lows as volatility expands near the triangle apex. EGRAG CRYPTO said the “MICRO structure is flashing caution” while still focusing on the larger bullish setup on higher time horizons. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The chart identifies $1.37 as key support near the lower rising trendline. Resistance remains near $1.47 at the upper boundary. A breakout above that level could strengthen the larger triangle structure and position XRP to challenge the next resistance zone as its price compression nears resolution. XRP’s Positioning Remains the Focus EGRAG CRYPTO also stressed that short-term market swings do not change his wider outlook on XRP. The analysis centers on positioning ahead of a potential macro expansion rather than chasing lower time fluctuations. XRP now sits at a technically important area where both the daily triangle and the smaller wedge structure approach resolution. 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 Says XRP is Positioning for Macro Expansion. Here’s What to Watch appeared first on Times Tabloid .
9 May 2026, 13:00
Kelp DAO Moves Forward With rsETH Collateralization on Aave After $292M Exploit
BitcoinWorld Kelp DAO Moves Forward With rsETH Collateralization on Aave After $292M Exploit Kelp DAO, the Ethereum restaking protocol that suffered a devastating exploit of approximately $292 million, has announced it will resume a series of contract operations over the next 24 hours. The operations, coordinated with the lending protocol Aave, are designed to advance the next phase of establishing rsETH as a collateral asset. Background of the Exploit On June 23, 2024, an attacker exploited a vulnerability in Kelp DAO’s smart contracts, siphoning roughly 292 million worth of assets. The incident sent shockwaves through the restaking ecosystem, raising questions about the security of liquid restaking tokens (LRTs) and their integration with major DeFi protocols like Aave. Kelp DAO paused operations shortly after the hack to assess the damage and coordinate with security teams. Next Steps for rsETH Collateralization According to an announcement on Kelp DAO’s official X account, the upcoming contract operations are a critical step toward restoring functionality and trust. The protocol is working directly with Aave to finalize the technical parameters for rsETH as collateral. This move signals that Kelp DAO is prioritizing the reactivation of its core value proposition: allowing users to deposit rsETH on Aave to borrow other assets. Why This Matters for Users For holders of rsETH, the resumption of collateralization is a key milestone. It could restore liquidity and utility to the token, which has traded under uncertainty since the hack. The successful integration with Aave would also demonstrate that Kelp DAO’s underlying infrastructure remains viable despite the exploit. However, the protocol has not yet disclosed the full extent of user fund recovery or whether the stolen assets have been traced. Broader Implications for DeFi Security The Kelp DAO incident is one of the largest in the restaking sector, a niche that has grown rapidly alongside Ethereum’s shift to proof-of-stake. Security experts have warned that the complexity of restaking contracts creates new attack surfaces. The fact that Kelp DAO is moving forward with Aave integration suggests confidence in its remediation efforts, but the community remains watchful for any signs of residual vulnerabilities. Conclusion Kelp DAO’s decision to resume contract operations for rsETH collateralization on Aave represents a cautious but determined step toward recovery. While the $292 million exploit has damaged user confidence, the protocol’s continued collaboration with Aave indicates a commitment to restoring functionality. The coming days will be critical in determining whether rsETH can regain its standing as a trusted collateral asset in the DeFi ecosystem. FAQs Q1: What exactly happened in the Kelp DAO hack? On June 23, 2024, an attacker exploited a vulnerability in Kelp DAO’s smart contracts, stealing approximately $292 million in various assets. The protocol paused operations to investigate and coordinate with security teams. Q2: What is rsETH and why is it important? rsETH is a liquid restaking token issued by Kelp DAO that represents staked ETH and restaked positions. It is designed to be used as collateral on platforms like Aave, allowing users to borrow other assets while earning staking rewards. Q3: Will users get their funds back after the hack? Kelp DAO has not yet confirmed the recovery of stolen funds. The current announcement focuses on resuming contract operations for rsETH collateralization, which is a separate step from fund recovery. Users should monitor official Kelp DAO channels for updates on restitution. This post Kelp DAO Moves Forward With rsETH Collateralization on Aave After $292M Exploit first appeared on BitcoinWorld .
9 May 2026, 12:53
Solana holds above $86 as buyers eye $100 target
🚀 Solana maintains support above $86 as bulls target $100. Buyers continue to dominate $SOL’s price action in a tight range. Continue Reading: Solana holds above $86 as buyers eye $100 target The post Solana holds above $86 as buyers eye $100 target appeared first on COINTURK NEWS .
9 May 2026, 12:51
XRP just flashed major buy signal: Is $3 next?
XRP is showing signs of a potential short-term reversal after a key technical indicator flashed a fresh buy signal, raising expectations that bullish momentum could return following the token’s recent pullback. The latest signal, highlighted by cryptocurrency trading expert Ali Martinez in an X post on May 8, comes from the TD Sequential indicator, a technical analysis tool traders use to identify trend exhaustion and possible reversal points. According to the setup, the indicator previously issued a sell signal near XRP’s recent local peak around $1.46 on May 6. That bearish signal was followed by a correction of roughly 5.5% over the next two days, reinforcing confidence among traders who closely track the indicator’s accuracy during recent XRP swings. XRP price analysis chart. Source: Ali Martinez The indicator has now turned bullish again, with XRP stabilizing after a series of bearish four-hour candles pushed the asset lower from recent highs. The new “9” buy signal suggests selling pressure may be easing, while buyers could be preparing for another upward move. At the same time, downside momentum appears to be weakening, as recent candles have become smaller and more compressed while XRP consolidates above short-term support. Traders are now watching whether XRP can reclaim the $1.45 resistance zone, the previous local high. A breakout above that level could pave the way for a stronger rally toward $1.80, where heavier selling pressure may emerge. The renewed bullish setup has also revived speculation about a broader move toward the key $3 level, although XRP would still need to break through several resistance zones and maintain stronger trading volume across higher time frames. XRP’s path to $12 On the other hand, pseudonymous crypto analyst Mikkybull stated that XRP is trading near a key technical support level that has historically preceded strong rallies, with the asset potentially targeting $12 if past recovery patterns repeat. XRP price analysis chart. Source: TradingView The analysis points to XRP retesting the lower boundary of a long-term ascending parallel channel after retreating from highs near $3.50. Similar retests previously triggered major breakouts, including a 580% rally in late 2024 and a massive 65,900% surge during the 2017 bull cycle. The chart also shows XRP’s relative strength index approaching the 40 zone, an area that previously marked major reversal points. Based on the recurring channel structure, the analyst believes a rebound from current levels could send XRP toward the upper boundary of the channel, with $12 emerging as the next major long-term target. By press time, XRP was trading at $1.42 after gaining about 2% in the last 24 hours. On the weekly timeframe, the asset was up 2.5%. The post XRP just flashed major buy signal: Is $3 next? appeared first on Finbold .
9 May 2026, 12:40
Massive $813 Million USDT Transfer From HTX to Unknown Wallet Raises Questions
BitcoinWorld Massive $813 Million USDT Transfer From HTX to Unknown Wallet Raises Questions A colossal transfer of 813,367,100 USDT, valued at approximately $813 million, was recorded earlier today moving from the cryptocurrency exchange HTX (formerly Huobi) to an unidentified wallet address. The transaction was flagged by Whale Alert, a prominent blockchain tracking service that monitors large-scale cryptocurrency movements. Transaction Details and Context The transfer, which took place on the Tron network, is one of the largest single USDT movements observed in recent months. Whale Alert’s data shows the funds originated from an HTX-associated wallet and were sent to an address with no known exchange affiliation. Such large outflows from exchanges can signal a variety of activities, including institutional custody shifts, over-the-counter (OTC) trades, or preparations for large-scale acquisitions. HTX, one of the world’s largest cryptocurrency exchanges by trading volume, has not yet issued an official statement regarding the transaction. The exchange has been under increased scrutiny following a series of leadership changes and regulatory challenges in various jurisdictions. Market Implications and Analysis While large stablecoin transfers do not directly impact the price of volatile assets like Bitcoin or Ethereum, they are often interpreted as a signal of impending market activity. A transfer of this magnitude could indicate a whale preparing to enter a position, moving funds to a private wallet for security, or facilitating a large OTC deal away from public order books. What This Means for Traders and Investors For market participants, the key question is whether this movement precedes a significant buy or sell order. Historically, large exchange outflows of stablecoins have sometimes preceded price increases, as funds are moved to private wallets for accumulation. However, the opposite can also be true if the funds are later moved to another exchange. The unknown wallet address will be closely monitored by on-chain analysts in the coming days for any subsequent activity. The transaction also highlights the continued dominance of USDT as the preferred stablecoin for large-value transfers, despite growing competition from USDC and DAI. Tether’s market capitalization recently surpassed $110 billion, underscoring its integral role in crypto market liquidity. Conclusion The $813 million USDT transfer from HTX to an unknown wallet is a significant event that warrants attention from the crypto community. While the immediate impact on markets appears neutral, the movement underscores the ongoing large-scale capital flows within the ecosystem. Observers will be watching for any follow-up transactions or official commentary from HTX that could shed light on the purpose behind this massive transfer. FAQs Q1: What is Whale Alert? Whale Alert is a blockchain tracking service that monitors and reports large cryptocurrency transactions in real-time, providing transparency into major market movements. Q2: Why are large USDT transfers significant? Large stablecoin transfers can signal upcoming market activity, such as a major purchase or sale of other cryptocurrencies, or a shift in custody arrangements by institutional investors. Q3: Should I be concerned about my funds on HTX? This single transaction does not indicate any security issue with HTX. Large transfers are routine for major exchanges and often relate to internal treasury management or institutional client services. This post Massive $813 Million USDT Transfer From HTX to Unknown Wallet Raises Questions first appeared on BitcoinWorld .
