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, 16:01

Bitcoin spot ETFs end 13 days of cash outflows

The United States spot Bitcoin ( BTC ) exchange-traded funds ( ETFs ) have ended their longest losing streak in 2026. After recording a net cash outflow of $4.367 billion between May 15 and June 3, the U.S. spot BTC ETFs closed June 4 with a net inflow of approximately $3.05 million, according to data from SoSoValue . As such, the U.S. spot Bitcoin ETFs had $80.40 billion in total assets under management at the time of reporting. Spot BTC ETFs daily cash flows. Source: SoSoValue The shift in U.S. spot BTC ETFs was influenced by BlackRock’s iShares Bitcoin Trust ( IBIT ). After registering a net cash outflow of roughly $47.66 million. As such, BlackRock’s IBIT held around $49.36 billion in total assets. IBIT daily cash flow. Source: SoSoValue Meanwhile, Fidelity Wise Origin Bitcoin Fund ( FBTC ) reported a net cash outflow of $5.54 million on Thursday, hence hitting 14 consecutive days of losses. At press time, FBTC held assets worth about $11.46 billion. What’s next for Bitcoin price? Over the past few years, Bitcoin price has followed the performance of U.S. spot BTC ETFs. For instance, BTC price failed to rally above $82,000 last month, leading to a capitulation to around $60,762 on Friday, as U.S. spot BTC ETFs recorded nearly two consecutive weeks of outflows. BTC/USD 1-week chart. Source: TradingView From a technical analysis standpoint, Bitcoin’s price retested its February lows around $60,000 in early June following its capitulation. If U.S. spot BTC ETFs continue to accumulate more Bitcoin, a potential rebound could emerge. However, if BlackRock’s IBIT leads other spot ETF issuers in distribution, a sell-off to $52,000 could be inevitable, as per analysis shared by Aksel Kibar, an ex-fund manager. The post Bitcoin spot ETFs end 13 days of cash outflows appeared first on Finbold .

5 Jun 2026, 16:00

Securitize Clears Final SEC Hurdle for NYSE SPAC Listing, Moves Closer to Public Debut

BitcoinWorld Securitize Clears Final SEC Hurdle for NYSE SPAC Listing, Moves Closer to Public Debut Real-world asset tokenization infrastructure firm Securitize announced it has cleared a final regulatory hurdle for its listing on the New York Stock Exchange (NYSE). The U.S. Securities and Exchange Commission (SEC) has declared effective the Form S-4 registration statement for the company’s planned merger with Cantor Equity Partners II (Nasdaq: CEPT), a Special Purpose Acquisition Company (SPAC) affiliated with Cantor Fitzgerald. Timeline and Next Steps A special shareholders’ meeting to approve the merger is scheduled for June 29. If the merger receives approval, the combined entity, to be named Securitize Corp., will begin trading on the NYSE under the ticker symbol ‘SECZ’. This milestone follows months of regulatory review and positions Securitize as one of the first dedicated tokenization infrastructure firms to pursue a public listing through a SPAC merger. Why This Matters for the Tokenization Sector Securitize specializes in digitizing traditional assets such as private equity, real estate, and debt instruments onto blockchain networks. The company’s public listing represents a significant validation for the real-world asset (RWA) tokenization market, which has attracted growing interest from institutional investors seeking greater liquidity and operational efficiency. By listing on a major exchange like the NYSE, Securitize gains access to public capital markets, potentially accelerating its technology development and market expansion. Regulatory and Market Implications The SEC’s approval of the Form S-4 indicates that regulators have reviewed the merger’s financial disclosures and legal structure. While this does not constitute an endorsement of Securitize’s business model, it removes a key procedural barrier. The broader tokenization industry continues to navigate evolving regulatory frameworks in the U.S. and abroad, and a successful listing could set a precedent for other firms seeking similar paths to public markets. Conclusion Securitize’s progress toward a NYSE listing marks a notable development in the convergence of traditional finance and blockchain-based asset tokenization. The upcoming shareholder vote will determine whether the firm becomes a publicly traded entity, offering investors direct exposure to the infrastructure powering the tokenization of real-world assets. FAQs Q1: What is a SPAC merger and why is Securitize using one? A SPAC (Special Purpose Acquisition Company) is a shell company that raises capital through an IPO to acquire a private company, allowing that company to go public faster than a traditional IPO. Securitize is using a SPAC merger with Cantor Equity Partners II to list on the NYSE. Q2: What does Securitize actually do? Securitize provides technology infrastructure for tokenizing real-world assets, meaning it converts ownership rights in assets like real estate, private equity, and debt into digital tokens on blockchain networks, enabling easier trading and settlement. Q3: When will the merger vote happen? The special shareholders’ meeting to approve the merger is scheduled for June 29. If approved, the combined company will begin trading under the ticker ‘SECZ’ on the NYSE. This post Securitize Clears Final SEC Hurdle for NYSE SPAC Listing, Moves Closer to Public Debut first appeared on BitcoinWorld .

5 Jun 2026, 15:57

Bitcoin Crashes Near $60,000: $62B In Treasuries Erased, Analyst Sees Potential Bottom Ahead

Bitcoin (BTC) extended its decline on Friday, sliding to levels not seen since early February, leaving the broader market under renewed pressure and deepening bearish sentiment. Since reaching its all-time high of $126,000 last October, Bitcoin is now down roughly 52%, reinforcing the sense that the sell-off is more than a short-term dip. Bitcoin Treasury Stocks Fall From $134B To $72B While traditional market weakness has been part of the story, whale activity has also played a major role in the most recent drop. One of the clearest signals that unnerved traders came from Strategy (MSTR). Related Reading: XRP Price Falls To 4-Month Lows—Charts Signal Sell, On-Chain Data Turns Bearish As previously reported by NewsBTC, Strategy sold Bitcoin for the first time in nearly four years. The company offloaded 32 BTC for approximately $2.5 million—an amount that may look small compared with overall market volumes. However, the real impact has been psychological. Watching the largest Bitcoin public holder and the face of the “never sell” narrative break that behavior sent a shockwave through crypto sentiment. The broader market’s reaction has been visible in equity-linked crypto holdings as well. Artemis data cited by Bloomberg shows that the combined market value of fully diluted Bitcoin treasury company stocks has fallen to about $72 billion, compared with nearly $134 billion at the most recent peak in early October. That means roughly $62 billion has been erased during the downturn. Support Could Form Between $54,000 And $50,000 Hayden Hughes, managing partner at Tokenize Capital, said the current environment forces difficult choices for these digital-asset treasuries. In his view, once prices unwind, companies face a stark decision: either default on their debt obligations or sell assets. Hughes added that this kind of forced selling damages the market’s earlier assumption that Bitcoin treasury holders would behave like permanent “buy and hold” participants. When that expectation breaks, sentiment can deteriorate quickly, making rebounds less likely under these conditions. Related Reading: Coinbase Reveals First Mortgage With Bitcoin Collateral Under Fannie Mae Coverage Market analyst Ali Martinez recently posted on X (formerly Twitter) that Bitcoin is approaching a market bottom. Martinez identified the MVRV Pricing Bands as a useful framework for determining where support could emerge. He stated that the next significant support level is between $54,000 and $50,000, which could serve as a floor for the cryptocurrency. However, this would require an additional 17% retracement from current trading levels of $60,444. Featured image created with OpenArt; chart from TradingView.com

5 Jun 2026, 15:50

Silver Falls Below $69 as Strong US Jobs Report Lifts Dollar

BitcoinWorld Silver Falls Below $69 as Strong US Jobs Report Lifts Dollar Silver prices tumbled below the $69 per ounce mark on Friday, extending a sharp decline after the release of a stronger-than-expected US jobs report that fueled a rally in the US dollar. The precious metal, often seen as a hedge against economic uncertainty, faced renewed selling pressure as traders recalibrated expectations for Federal Reserve interest rate policy. Jobs Data Strengthens Dollar, Pressures Silver The US Bureau of Labor Statistics reported that nonfarm payrolls increased by 256,000 in December, significantly exceeding the consensus estimate of 160,000. The unemployment rate edged lower to 4.1%, while average hourly earnings rose 0.3% month-over-month. The data painted a picture of a resilient labor market, reducing the likelihood of imminent rate cuts from the Federal Reserve. The US Dollar Index (DXY) surged in response, climbing above 109.5 for the first time in over a year. A stronger dollar typically weighs on dollar-denominated commodities like silver, as it makes them more expensive for holders of other currencies. This inverse correlation was on full display as silver prices dropped from an intraday high of $70.20 to a session low of $68.75 before stabilizing near $68.90. Market participants quickly adjusted their Fed rate cut expectations. According to the CME FedWatch Tool, the probability of a rate cut at the January meeting fell to just 2.7%, down from 10% earlier in the week. Traders now see the first potential cut as most likely in June, rather than March as previously anticipated. Silver’s Broader Outlook Under Pressure The decline extends silver’s recent weakness. The metal had already been under pressure from a strong dollar and rising Treasury yields, which have been competing with non-yielding assets like precious metals. The 10-year Treasury yield climbed to 4.79% following the jobs report, its highest level since late 2023. Industrial demand for silver, which accounts for roughly half of global consumption, also faces headwinds. Concerns about slowing economic growth in China and Europe have dampened the outlook for industrial metals. However, silver’s dual role as both a monetary and industrial metal means its price trajectory is influenced by a complex mix of factors. Analysts note that the $68-$70 range has been a key support zone for silver in recent months. A sustained break below $68 could open the door to further downside, potentially testing the $65 level. On the upside, a recovery above $70 would be needed to stabilize sentiment. What This Means for Investors For precious metals investors, the current environment suggests a cautious approach. The strong labor market gives the Fed little reason to ease policy quickly, which keeps the dollar and yields elevated. This is a headwind for silver and gold alike. However, some analysts argue that the selloff may be overdone in the near term. They point to ongoing geopolitical risks, central bank gold purchases, and the potential for a softer economic landing later in the year as factors that could eventually support silver prices. For now, the market remains data-dependent, with upcoming inflation reports and Fed commentary likely to be the primary drivers. Conclusion Silver’s drop below $69 underscores the powerful influence of US economic data on commodity markets. The strong jobs report has reinforced the narrative of a resilient economy, boosting the dollar and delaying expectations for Fed rate cuts. While the short-term outlook for silver appears challenged, the metal’s long-term fundamentals remain tied to both monetary policy and industrial demand trends. Investors should monitor upcoming economic releases and Fed signals for further direction. FAQs Q1: Why did silver prices fall after the US jobs report? A strong jobs report boosted the US dollar and reduced expectations for Federal Reserve interest rate cuts. A stronger dollar makes silver more expensive for foreign buyers, while higher interest rates increase the opportunity cost of holding non-yielding assets like silver. Q2: What is the key support level for silver right now? The $68 per ounce level is seen as a critical near-term support. A sustained break below this level could lead to further declines toward $65. On the upside, silver needs to reclaim $70 to stabilize. Q3: How does the Federal Reserve’s policy affect silver prices? When the Fed signals a tighter or less accommodative monetary policy, the dollar typically strengthens and bond yields rise. This reduces the appeal of silver and gold, which do not pay interest. Conversely, expectations of rate cuts tend to weaken the dollar and support precious metals. This post Silver Falls Below $69 as Strong US Jobs Report Lifts Dollar first appeared on BitcoinWorld .

5 Jun 2026, 15:43

Bitcoin teases 'seller exhaustion' as BTC price downside reaches $60.3K

Bitcoin sellers were losing steam, market analysis said as ongoing BTC price downside brought the market closer to $60,000.