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8 May 2026, 11:02
Analyst Says XRP Is On a Critical Level, Sets Next Rally Target
XRP traded near a major support zone this week as crypto analyst XRP MikybullCrypto (@MikybullCrypto) outlined a bullish long-term setup on the monthly chart. The analyst said XRP is “on a critical level that usually triggers a strong rebound” and added that the asset could go to $12 soon. The chart shared by MikybullCrypto showed XRP moving inside a long-term ascending channel that stretches back more than a decade. XRP recently pulled back toward the lower boundary of that structure after failing to hold above the $3 level in late 2025. That retracement now places the asset near a support trendline that has historically produced strong upside moves. $XRP is on a critical level that usually triggers a strong rebound Probably going to $12 the midpoint value pic.twitter.com/scRH3GqAxs — MikybullCrypto (@MikybullCrypto) May 7, 2026 Monthly Structure Keeps XRP in an Uptrend The TradingView chart used a 1-month timeframe and showed XRP trading around $1.41 at the time of the post. The asset hit its peak in July 2025 , but began a steady decline that lasted into early 2026. Despite the decline, the broader structure still pointed upward. The ascending channel on the chart contained several major XRP cycles, including the rally in 2017 to its previous peak, and the rally in late 2024 that pushed it up by 500%. Each move began after XRP revisited support near the channel’s lower edge before momentum accelerated. The latest setup appears similar. XRP moved lower in recent months while maintaining higher lows on the long-term chart. The analyst also marked a descending resistance line from the recent local top. The asset now sits in a decision zone. What to Watch Next The midpoint target referenced in the post is near $12 within the upper half of the channel. That level would represent a major breakout continuation if XRP maintains support and resumes its previous trend. The lower section of the chart included the Relative Strength Index, or RSI, on the monthly timeframe. The indicator declined toward the 40 level after reaching overbought conditions during XRP’s previous rally. Historically, XRP has rebounded when the monthly RSI cooled into this region while price held long-term trend support. Similar RSI resets appeared before previous expansion phases on the chart. A sustained move higher from current levels would strengthen the case for another leg up within the long-term structure. The analyst’s projected $12 target remains tied to XRP, maintaining the historical trend behavior. 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 Says XRP Is On a Critical Level, Sets Next Rally Target appeared first on Times Tabloid .
8 May 2026, 11:00
Bitcoin eyes $80K reclaim as traders say these BTC price support levels must hold
Bitcoin retagged $80,000 after falling 3% on Iran concerns, while traders flagged important BTC price support levels to preserve next.
8 May 2026, 10:55
X Goes on Overdrive Mood After Supercharging XRP Conversations With Embedded Live Charts
Social Media Platform X Turns Every XRP Post Into a Live Trading Hub Social media platform X, formerly Twitter, has rolled out a significant upgrade for crypto and finance users by embedding live price charts and real-time market data directly into posts through its Cashtag feature. Although the update spans multiple financial assets, XRP conversations are quickly emerging as one of the biggest beneficiaries, turning ordinary posts into live market-tracking hubs for the asset’s highly active community. Cashtags function much like traditional hashtags, but instead of the “#” symbol, they use a dollar sign tied to an asset ticker like $XRP. As a result, tapping a Cashtag instantly pulls up real-time market data, trending discussions, and now, embedded live price charts directly within X’s timeline experience. The update signals a major evolution in how crypto conversations happen online. For years, X has served as the internet’s real-time hub for breaking crypto news, market speculation, and investor sentiment. But users still had to jump to external platforms like TradingView, CoinMarketCap, or exchange apps to confirm price movements. That friction has now disappeared. By embedding live XRP charts directly into posts and discussions, X is transforming from a platform where crypto is simply talked about into one where markets are tracked, interpreted, and reacted to in real time. News, sentiment, and live price action now exist within the same scrolling experience, creating a faster and more immersive environment for traders, investors, and the broader crypto community. X Turns Every Viral XRP Post Into a Live Trading Dashboard as Whale Activity Intensifies For XRP, the update arrives at a crucial moment. The asset remains one of the most discussed cryptocurrencies online, with its community consistently driving massive engagement around Ripple legal developments, partnership announcements, ETF updates, and sharp market moves. With live charts now embedded directly into $XRP posts, every viral conversation can instantly double as a real-time trading hub, giving millions of users immediate access to price action without ever leaving the platform. The integration tightens the link between social sentiment and market momentum. Crypto has always been shaped by narratives, hype cycles, and crowd psychology, and now X is layering live price charts directly onto those conversations, bringing sentiment and technicals into the same view. That shortens the gap between perception and reality. A bullish XRP post is no longer just commentary; it can be checked instantly against live price action without leaving the thread, keeping discussion and verification in the same flow. It also creates a faster feedback loop where attention can translate more quickly into trading behavior. Viral XRP discussions now carry embedded market context, drawing in both casual users and active traders who can react in real time. With engagement around XRP already heating up, rising attention and ongoing whale exchange outflows are fueling speculation that larger market participants may be positioning ahead of the next significant move.
8 May 2026, 10:49
Bitcoin Price Falls Below Its Most Important Support, What Does it Mean?
Bitcoin went through an impressive rally from last week’s FOMC meeting, when it dipped below $75,000, to May 6, when it surged to almost $83,000 for the first time since late January. After gaining roughly $8,000 in less than a week, though, the bears stepped up and pushed it south by over three grand. According to Ali Martinez, this means that BTC has slipped below a crucial support. Below $80.3K In a blog post on X, the analyst with over 165,000 followers noted that the $80,300 level is bitcoin’s most “important” line, which now serves as resistance since the asset trades below it. He justified this narrative by indicating that this is the average cost basis of new whales (large entities that bought in the last 155 days). “When BTC trades below this average cost basis, these whales are holding at a loss. Yesterday, bitcoin pushed to a high of $82,800, but it has since dropped back below this $80,300 level,” he added. If the cryptocurrency remains stuck below this coveted level, these newly entered whales are likely to be incentivized to sell just to break even and avoid further losses. If this panic is to occur, it can create a wave of selling pressure that pushes the asset “much lower.” In the opposite scenario, it could signal that the selling pressure is exhausted if bitcoin manages to flip $80,300 into solid support. Once the whales are in the green, they “stop selling and start holding for higher targets, which is exactly how new uptrends begin,” Martinez explained . Risk Appetite Rockets In a separate post, Martinez warned that the risk appetite for the largest cryptocurrency has hit its highest level in almost a year. Citing data from all major exchanges, he noted that the Estimated Leverage Ratio has reached a 2026 peak, indicating a “significant jump in risk appetite, as traders increasingly rely on borrowed capital to position for the next move.” He cautioned that high leverage is a “double-edged sword,” as it can accelerate a bullish breakout, but it can also make the market highly sensitive to cascading liquidations if the price takes a sudden turn. Similar occurrences took place during the early October wipeout , when over $19 billion worth of leveraged positions were liquidated within a day as the market tumbled. Risk appetite for Bitcoin $BTC is at its highest level in nearly a year. Across all major futures exchanges, the Estimated Leverage Ratio has surged to its highest level since 2025. This indicates a significant jump in risk appetite, as traders increasingly rely on borrowed… pic.twitter.com/OJlMUEaTzV — Ali Charts (@alicharts) May 7, 2026 The post Bitcoin Price Falls Below Its Most Important Support, What Does it Mean? appeared first on CryptoPotato .
8 May 2026, 10:35
Revolut App Displays Bitcoin Price at $0.02 in Brief Glitch
BitcoinWorld Revolut App Displays Bitcoin Price at $0.02 in Brief Glitch Users of the neobank Revolut, which offers cryptocurrency investment services, briefly saw the price of Bitcoin displayed at just $0.02 on the app earlier this week, according to a report by CoinDesk. Screenshots shared on social media showed the price dropping to two cents before quickly recovering to its normal level. It remains unclear whether any trades were executed at the erroneous price. No Market-Wide Crash During the same period, major cryptocurrency exchanges including Binance and Coinbase listed Bitcoin at approximately $79,000, according to data from CoinGecko and CoinMarketCap. This indicates the glitch was isolated to Revolut’s platform and not the result of a broader market sell-off. The discrepancy between the app’s display and actual market data suggests a technical error rather than a real price movement. Revolut’s Crypto Services Under Scrutiny Revolut, a London-based financial technology company, has expanded its crypto offerings significantly in recent years, allowing users to buy, sell, and hold digital assets alongside traditional currencies. The neobank has faced previous technical issues with its crypto services, including temporary outages during periods of high volatility. This latest glitch raises questions about the reliability of price data displayed on the platform. Implications for Users For Revolut’s crypto-trading customers, the incident underscores the importance of verifying prices across multiple sources before executing trades. While no trades at the glitched price have been confirmed, such errors could potentially lead to unintended transactions if automated trading features are enabled. Revolut has not yet issued an official statement addressing the glitch or outlining any remedial measures. Conclusion The brief display of Bitcoin at $0.02 on Revolut’s app appears to be a technical glitch rather than a market event. With no official explanation from Revolut yet, users are advised to cross-check prices on other platforms. The incident highlights the ongoing challenges fintech apps face in maintaining accurate real-time data for volatile assets like cryptocurrency. FAQs Q1: Did anyone buy Bitcoin at $0.02 on Revolut? It has not been confirmed whether any trades were executed at the glitched price. Revolut has not released transaction data related to the incident. Q2: Why did Bitcoin show $0.02 on Revolut? The exact cause is unknown, but it appears to be a technical glitch on Revolut’s platform, as other exchanges showed Bitcoin trading near $79,000 at the same time. Q3: Is my Revolut crypto account safe? There is no evidence of a security breach. The glitch seems limited to price display. Users should monitor their accounts and contact Revolut support if they notice any unauthorized transactions. This post Revolut App Displays Bitcoin Price at $0.02 in Brief Glitch first appeared on BitcoinWorld .
8 May 2026, 10:30
Hyperliquid Outperformed Bitcoin By 71% In The Worst Crypto Quarter Since 2018 — Report Reveals Why
Decentralized exchange Hyperliquid delivered $215 million in gross revenue during Q1 2026 — crypto’s worst quarter since the 2018 ICO crash — outperformed Bitcoin by 71.5 percentage points, and on one February night, became the de facto global price discovery venue for crude oil while every legacy commodity exchange was closed. The findings come from a comprehensive 48-page quarterly report published by the Hyperliquid Research Collective (HRC), a joint initiative of Four Pillars and GLC Research, drawing on on-chain data from ASXN, DeFiLlama, and 0xArchive. The quarter unfolded as Bitcoin fell 26.7% and total crypto market capitalization shed roughly $900 billion. Hyperliquid’s headline metrics declined with the market — holder revenue dropped 33.6% quarter-over-quarter to $149.90 million and perpetual derivatives volume fell 15.6%. Those numbers, the report argues, are not the story. The Night Hyperliquid Became The Oil Market On February 28, following US-Israeli strikes on Iran, traditional commodity exchanges went dark. Hyperliquid’s 24/7 oil perpetual derivatives markets stayed open. The protocol became what the report describes as the de facto price discovery venue for crude oil while legacy infrastructure sat offline — an event that drew coverage from Bloomberg, the Wall Street Journal, and Fortune within a five-day window, according to the report. That single session, the HRC notes, said more about Hyperliquid’s institutional trajectory than any quarterly metric. The Number That Matters: HIP-3 Beneath the headline revenue decline, a structural transformation was underway. Native crypto perpetual derivatives volume fell 32.5% as risk appetite contracted. HIP-3 deployer volume — a protocol feature enabling third parties to deploy real-world asset (RWA) perpetual derivatives on Hyperliquid’s infrastructure — moved in the opposite direction entirely, growing from $24.9 billion in January to $68.5 billion in March, a 175% intra-quarter expansion, per ASXN data cited in the report. By March, HIP-3 represented 33.6% of total daily perpetual derivatives volume and 28.7% of total platform open interest. Daily unique HIP-3 traders tripled within the quarter, reaching 40,768 on the final day. Silver was the single most traded asset at $40.7 billion in Q1 volume, exceeding crude oil by approximately 2.4x. The quarter’s institutional landmark arrived on March 18, when S&P Dow Jones Indices officially licensed its S&P 500 benchmark to Trade[XYZ] for perpetual contracts on Hyperliquid — the first officially sanctioned equity index perpetual derivatives product on a decentralized exchange. The contract reached $2 billion in volume within its first two weeks, according to the report. The Supply Side Signal On the token side, Hyperliquid’s Assistance Fund purchased approximately 4.94 million HYPE at an average price of $29.90 during Q1 — 18.8% below the quarter-end price of $36.85 — deploying $147.72 million into buybacks. HYPE itself returned +44.8% for the quarter, per CoinGecko data cited in the report. The report flags an additional signal that it describes as a character disclosure rather than a financial metric. The protocol’s core team claimed just 1.51 million HYPE against a scheduled entitlement of approximately 29.8 million — a 5.1% claim rate, declining each month throughout the quarter. At average Q1 prices, the team voluntarily left approximately $849 million unclaimed. Four separate ETF filings for HYPE — from Grayscale, VanEck, 21Shares, and Bitwise — were submitted during the quarter, per the report. The Worst Crypto Quarter Since 2018 The report does not sidestep the primary constraint: US persons cannot access Hyperliquid’s frontend. Every revenue figure, every volume number, and every user count in the report reflects a protocol generating these results without US market participation. The HRC frames every forward valuation of HYPE as, in part, a thesis on whether that regulatory wall eventually comes down. The Q1 2026 report marks a critical juncture for Hyperliquid’s positioning within the nascent sector. A decentralized exchange that processed live commodity trades while legacy markets were closed, licensed the S&P 500 for on-chain derivatives, and outperformed Bitcoin by 71 percentage points in the worst crypto quarter in eight years is no longer a DeFi story. It is increasingly a financial infrastructure story — and the institutions are beginning to take notice. On the above, David Schamis, CEO at Hyperliquid Strategies stated the following: For a year I’ve been saying Hyperliquid is emerging as the most exciting trading venue, period. Q1 settled the argument. One of the worst crypto quarters since 2018 and the protocol still generated more than $200M in revenue, bought back >5M HYPE, brought the S&P 500 onto a decentralized exchange and became the price of oil when legacy markets were closed for the Iran conflict. This isn’ t a future story anymore — it’s all happening now. Cover image from Grok, BTCUSD chart on Tradingview
