hodler

7 May 2026, 21:15

Stablecoin Market Cap Reaches Record $321 Billion in April, Led by Tether

BitcoinWorld Stablecoin Market Cap Reaches Record $321 Billion in April, Led by Tether The total market capitalization of stablecoins rose to a new all-time high of $321 billion in April, marking the third consecutive month of growth for the sector. The 1.6% increase came during a period when the broader cryptocurrency market traded largely sideways, underscoring the continued demand for dollar-pegged digital assets. Stablecoin Growth Defies Broader Market Stagnation While Bitcoin and other major cryptocurrencies have struggled to break out of recent trading ranges, stablecoins have quietly expanded their footprint. According to data reported by CoinDesk, the $321 billion market cap represents the highest level ever recorded for the asset class. This sustained growth suggests that both retail and institutional participants are increasing their allocation to stablecoins for trading, payments, and as a store of value within the crypto ecosystem. Tether (USDT) continues to dominate the market with a capitalization of $190 billion, accounting for more than half of the total stablecoin supply. Its market share has remained resilient despite increased regulatory scrutiny and competition from regulated alternatives like USD Coin (USDC) and PayPal’s PYUSD. Why This Matters for Crypto Markets Stablecoin supply is often viewed as a proxy for capital entering the cryptocurrency ecosystem. A rising stablecoin market cap typically indicates that investors are parking funds in liquid, low-volatility assets while waiting for trading opportunities. The current trend suggests that market participants remain engaged and liquid, even if price action in major tokens has been muted. Implications for Traders and Investors For active traders, the growing stablecoin supply provides a deep pool of liquidity that can be deployed quickly when market conditions shift. For longer-term holders, stablecoins offer a way to preserve capital without exiting the crypto ecosystem entirely. The continued expansion of stablecoin market cap also signals confidence in the underlying infrastructure and regulatory frameworks supporting these assets. Conclusion The stablecoin market’s record $321 billion capitalization in April highlights a growing preference for dollar-pegged digital assets even as the broader crypto market consolidates. With Tether maintaining its lead, the sector’s steady expansion reflects both increased adoption and a maturing market structure. Investors and analysts will be watching closely to see whether this trend continues as regulatory developments unfold and market conditions evolve. FAQs Q1: What drove the stablecoin market cap to a new all-time high in April? The increase was driven by continued demand for dollar-pegged assets as a trading pair, a store of value, and a liquidity tool, even as the broader cryptocurrency market traded sideways. Tether’s $190 billion market cap contributed the majority of the growth. Q2: Why does stablecoin market cap matter for crypto investors? Stablecoin market cap is a key indicator of capital inflows into the crypto ecosystem. A rising cap suggests that investors are holding liquid funds ready to deploy, which can signal potential future trading activity and market movement. Q3: How does Tether’s market share compare to other stablecoins? Tether (USDT) holds over half of the total stablecoin market with a $190 billion capitalization. Other major stablecoins include USD Coin (USDC) and Binance USD (BUSD), though USDT’s dominance has remained consistent despite regulatory challenges. This post Stablecoin Market Cap Reaches Record $321 Billion in April, Led by Tether first appeared on BitcoinWorld .

7 May 2026, 21:10

Solana (SOL) Reaches a 3-Week High: Is $100 Just a Matter of Time?

Driven by the green wave sweeping the entire crypto market, Solana’s native token briefly pumped above $90, reaching its highest level in the past 20 days. Currently, the asset appears to be at a crossroads, with some analysts calling for a pump above $100, while certain indicators signal an impending correction. In the Middle of a Breakout? According to the popular analyst Ali Martinez, SOL is undergoing a bullish breakout and seems to be escaping a symmetrical triangle to the upside. He believes that a spike in buying pressure could send the price to $92 or even $96. However, traders may need to hope for a potential push to the upper boundary, as the analyst recently argued that anything within the $77-$94 range falls into a “no-trade” zone. Other market observers who touched upon Solana’s performance and made predictions include X users Julian and Wealthmanager. The former noted the volatility lately, but claimed that buyers remain active. They described $85 as an important support level, adding that if SOL stays above $90, it could see another move higher. Additionally, the strategist outlined that Solana’s biggest strengths lie in its consistently high network usage, driven by strong meme coin trading activity, a large number of active users, and fast, low-cost transactions. “Short-term moves can still be aggressive, but in the bigger picture, SOL still looks like one of the strongest coins in the market,” they concluded. WealthManager was even more bullish, forecasting that a pump to the psychological milestone of $100 is “just a matter of time.” Time to Cool off? Certain technical indicators, such as Solana’s Relative Strength Index (RSI), suggest that the bears may soon retake control. The ratio recently jumped to 80 before slipping to the current 66, which is quite close to overbought territory. The index runs from 0 to 100, and conversely, anything under 30 is typically seen as a precursor of a rally. SOL RSI, Source: CryptoWaves Next on the list is the rising amount of SOL tokens being transferred from self-custody to centralized exchanges lately. This is considered a bearish factor since it increases the immediate selling pressure. SOL Exchange Netflow, Source: CoinGlass Meanwhile, the analytics platform Lookonchain revealed that a newly created wallet opened a 20x short position on 240,000 SOL worth more than $21 million. Such an aggressive bet against the asset could weigh on sentiment, as it suggests that the person or entity may be acting on information of upcoming news or events that retail investors don’t have access to. The post Solana (SOL) Reaches a 3-Week High: Is $100 Just a Matter of Time? appeared first on CryptoPotato .

7 May 2026, 21:02

This Analyst Says XRP’s Bottom Is In. Here’s the Next Move

A tightening price structure now defines XRP’s higher-time frame chart. Momentum has slowed, yet price action shows a clear pattern forming near a key support zone. This setup has drawn attention after crypto analyst Crypto Michael (@MichaelXBT) shared a chart and a direct view on what comes next. He stated that XRP has hit its bottom and predicts that a major rally is imminent. His chart focuses on a multi-month falling wedge that now approaches resolution. XRP bottom is in Major bullish rally imminent pic.twitter.com/ULFFtScM2t — Crypto Michael (@MichaelXBT) May 6, 2026 Key Support for the Falling Wedge The chart shows XRP on the weekly timeframe. Its price has trended downward since mid-2025, when it hit its all-time high , forming lower highs along a clear descending resistance line. At the same time, a slower descending support line tracks the lows. This creates a narrowing wedge pattern. XRP now trades near $1.41, with the structure compressing toward the wedge’s apex. This often signals a pending breakout phase as volatility tightens. A highlighted horizontal zone sits near $2. This level previously acted as support and later as resistance. It now stands as a key reclaim level. XRP must exit the falling wedge and break above this area to confirm strength. Compression Points to Breakout Conditions Recent candles show smaller bodies and reduced volatility. This supports the idea of compression. The market shows less aggressive selling while buyers begin to stabilize the price above the lower trendline. The lower boundary of the wedge has held multiple tests, as XRP experienced flash crashes in early 2026. Each bounce reinforces its role as support. Meanwhile, the descending resistance line continues to cap rallies. This builds pressure within the structure. What Needs to Happen Next? For confirmation, XRP needs a decisive move above the descending resistance line. A weekly close above this trendline would signal a structural shift. The next step would involve reclaiming $2 as support. If XRP reached that level, it could open a path toward higher resistance zones seen earlier in 2025. Those areas sit above $2.5 and extend toward the $3 range. Volume will play a key role. A breakout without strong participation may lack follow-through. Sustained buying pressure would strengthen the case for continuation. After a prolonged consolidation phase , XRP has now hit its bottom, and Crypto Michael believes it can only go up from here. 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 This Analyst Says XRP’s Bottom Is In. Here’s the Next Move appeared first on Times Tabloid .

7 May 2026, 21:00

This New Move Just Opened XRP To 44 Million New Users

XRP has entered a new chapter in Japan’s payments market after Rakuten Wallet connected the token to Rakuten Pay and Rakuten Cash, giving millions of everyday users a route to interact with the cryptocurrency through an ecosystem they already use. The development is one of the most talked-about XRP adoption stories of the year, among many others. Crypto commentator Dr. Kamilah Stevenson relayed a message for investors fixated on XRP’s price chart: they are watching the wrong screen, while the XRP ecosystem is quietly being opened to 44 million new users. The Market Is Missing The Real XRP Story Stevenson’s comments are based on one idea: XRP adoption may be moving forward beneath the surface even when price action looks quiet. According to the crypto commentator, many investors judge adoption by whether the price jumps immediately after a headline. That is the wrong way to measure developments like the Rakuten Wallet rollout. Related Reading: Is XRP A Scam Or A Trillion-Dollar Coin? Pundit Shares The Answers As noted by Stevenson, 44 million people just got access to XRP. However, that is not a claim that 44 million people have bought the cryptocurrency. Instead, it references Rakuten Wallet, which added XRP to its Rakuten Pay app, allowing its 44 million users to use the cryptocurrency as a payment method across more than 5 million merchant locations in Japan. Therefore, this implies that a consumer base of 44 million users now has access to XRP anytime they want, particularly to be used as a payment option. That matters for XRP because the cryptocurrency’s long-running investment thesis has always leaned heavily on payment utility. It also plays into the trend of an outlook of adoption by financial institutions. As noted by Stevenson, “this is exactly what institutional adoption looks like, and most people are completely missing it.” Price Is Not The First Signal To Watch Most crypto investors, especially retail traders, are always chasing headlines and expect the XRP price to jump very quickly to moves like this. However, there is a risk in expecting adoption to show up instantly on the price chart. Related Reading: Here’s Why The XRP Price Keeps Crashing Despite Bitcoin Rising On the other hand, real adoption doesn’t move prices immediately. Institutional money doesn’t move on headlines. The more important things are transaction volume, merchant adoption, and proof of concept at scale. That view fits the Rakuten development more closely than a simple bullish price headline would. Rakuten Wallet’s rollout allows users to convert Rakuten Points into XRP, trade the asset in-app, and charge Rakuten Cash through Rakuten Wallet for spending with Rakuten Pay. Interestingly, the Rakuten development is one of many that are increasing the utility of XRP and the entire XRPL ecosystem on a global scale. While retail traders are watching the price chart, the real money is watching the infrastructure quietly built underneath. Featured image from Adobe Stock, chart from Tradingview.com

7 May 2026, 21:00

Why This Crypto Trader Is Loading Up On Ethereum Now

Despite market sentiment still in fear territory as prices trend lower, a crypto trader has continued to accumulate Ethereum (ETH), signaling confidence in the cryptocurrency’s potential. The analyst has stated that the recent bearish signals and muted price action are not signs of weakness but hint at an underlying bull trend forming. He remains optimistic about Ethereum’s near-term price outlook , projecting a strong upward move ahead. Analyst Doubles Down On Ethereum Despite Bearish Signals In the last 24 hours, the Ethereum price has fallen by about 1.47% to near $2,300. According to CoinMarketCap data, the cryptocurrency has underperformed the broader market, primarily driven by selling pressure from whales and a decline in spot demand to multi-week lows . Ethereum is also showing a major divergence from Bitcoin, which has been rallying for the past few weeks and is now trading above $80,000 . Despite these bearish signals, market analyst Crypto Tice has boldly stated that he will continue accumulating Ethereum. The expert revealed in an X post that while many investors are abandoning ETH and losing confidence , he has been doing the opposite and actively adding to his position. He argued that the current price action is not a sign of weakness but shows all the hallmarks of a market quietly bottoming out. To explain this, Crypto Tice pointed to several technical and market-structure signals that he believes are setting the stage for a price recovery in ETH . According to the analyst, Ethereum’s price structure is compressing, suggesting that a major move is building beneath the surface. He added that liquidity has also been flushed from the market, meaning sellers who needed to exit have mostly left. Additionally, the analyst noted that Ethereum has been forming higher lows, a sign that buyers are stepping in at progressively stronger levels despite the broader negative sentiment surrounding the asset. Furthermore, Crypto Tice said that heavy forced selling has been absorbed without breaking the overall market structure. He interprets these developments and trends as institutional investors quietly accumulating and dismisses the idea that Ethereum is weak. He also argued that Ethereum is still holding on to its structure despite rising market fear. Because of this resilience, the analyst believes that the only move going forward is a violent upward rally. On this basis, Crypto Tice has set a $4,000 price target , predicting an 84.12% surge for ETH on his chart. He added that $4,000 was not the cryptocurrency’s “moonshot” target but a “structural magnet” that needs to be met to fuel future rallies. Investors Warned To Buy Ahead Of Projected Rally In his analysis, Crypto Tice urged traders and investors to start accumulating ahead of his projected price recovery for Ethereum. He warned them to prepare while prices remain low, pointing to current levels as a potential opportunity to buy the dip. Related Reading: Market Analyst Predicts Bitcoin And Ethereum Prices For The Next 3 Quarters In response, many market participants expressed support for Crypto Tice’s optimistic outlook, with some indicating they intend to accumulate ahead of the next leg up. So far, the Ethereum price is still sitting above $2,300, reflecting a more than 3% decline in the past week.

7 May 2026, 20:51

Coinbase reports a $394.1 million net loss after trading activity weakened

Coinbase Global (COIN) missed Wall Street’s first-quarter numbers after crypto prices cooled and customers traded less on spot markets. Coinbase reported a $394.1 million net loss for the quarter ended March 31, compared with $65.6 million in profit a year earlier. The loss came to $1.49 per share, while analysts tracked by LSEG expected a $0.27 profit. Revenue was $1.41 billion, below the $1.52 billion estimate. That is the part that matters first. The exchange made less money than expected, lost money on the bottom line, and got hit by a weaker trading market. Coinbase brought in $1.413 billion in total revenue, down 21% from Q4 and 31% from Q1 2025. Net revenue was $1.339 billion, also down 20% from the previous quarter and 31% from last year. Other revenue fell to $73.6 million, down 29% quarter over quarter. Total crypto market volumes dropped 28%, while spot volumes fell 37%. Coinbase said transaction revenue fell 23%, so yeah, Coinbase did better than the wider spot market, but that is still a hard fall. Coinbase loses trading revenue as retail customers pull back from spot markets Consumer transaction revenue fell to $567 million, down 23% from Q4. The reason was simple. Regular users traded less. Consumer spot trading volume fell 35%, and that cut into one of Coinbase’s biggest money engines. The company said newer products and a better revenue mix helped soften the damage, but they did not erase it. The institutional side also weakened. Institutional transaction revenue came in at $136 million, down 27% quarter over quarter. That lined up with the wider fall in market activity. Other transaction revenue was $53 million, down 17%, as instant transfers slowed and Base revenue came in lower. Source: Coinbase The expense line was mixed. Transaction expense fell to $195.9 million, down 10% from Q4 and 35% from last year. Sales and marketing dropped to $266.7 million, down 15% from the previous quarter, though still 8% higher than a year earlier. General and administrative costs fell to $376.1 million, down 17% from Q4 and 5% from Q1 2025, as legal, customer experience, policy, and deal-related bills came down. Still, technology and development climbed to $525.6 million, up 6% from Q4 and 48% year over year. Coinbase tied that increase mostly to one-time acquisition costs from Q4 2025. Total operating expenses were $1.434 billion, down 5% from the previous quarter but up 8% from last year. Operating result landed at a $21.4 million loss, compared with $273.8 million in operating income in Q4 and $705.8 million in Q1 2025. Coinbase leans on USDC, subscriptions, and newer products while crypto losses drag earnings down Subscription and services made up 44% of net revenue, giving Coinbase a larger business outside basic trading fees. Stablecoin revenue reached $305 million, helped by higher USDC usage and record average USDC balances inside Coinbase products. Average USDC held in Coinbase products hit $19 billion, including $3 billion in corporate balances. Off-platform USDC averaged $56 billion, bringing total average USDC market capitalization to $75 billion. Revenue tied to stablecoins and corporate balances totaled $324 million. Coinbase products brought in $161 million, corporate balances added $18 million, and off-platform USDC generated $163 million. That total was below Q4’s $364 million, but above Q1 2025’s $298 million. Source: Coinbase Blockchain rewards produced $101 million, helped by more native units staked, while lower asset prices held back the final number. Interest and finance fee income was $68 million, helped by record average daily loan balances. Coinbase One subscriptions kept growing during the weaker market. The newer product list also got bigger. Retail derivatives are now annualizing at more than $200 million, and Coinbase expects that line to become its next $250 million-tier product. Prediction markets are growing fast and are on pace to become Coinbase’s 13th product, above $100 million in annualized revenue. Below operating income, interest expense was $22.6 million, flat from Q4 and up 10% from last year. Losses on crypto assets held for investment were $482.4 million, while crypto assets held for operations showed $35.2 million in losses. Other income was $61.6 million, and the income tax benefit was $70.6 million. Adjusted EBITDA was $303.3 million, down from $565.9 million in Q4 and $929.9 million a year earlier. Coinbase has now posted 13 straight quarters of positive adjusted EBITDA. The smartest crypto minds already read our newsletter. Want in? Join them .