hodler

1 Jun 2026, 12:07

Strategy sold 32 BTC for $2.5 million in late May, filing shows

The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.

1 Jun 2026, 12:05

Canadian Dollar: Range-Bound View Maintained After Weak Canada GDP – TD Securities

BitcoinWorld Canadian Dollar: Range-Bound View Maintained After Weak Canada GDP – TD Securities The Canadian dollar remains trapped in a familiar trading range, according to TD Securities, even after a weaker-than-expected gross domestic product (GDP) reading from Canada. The bank’s analysts suggest that the currency is unlikely to break out of its current boundaries in the near term, as the data reinforces expectations of a cautious stance from the Bank of Canada. Weaker GDP Reinforces Cautious Outlook Canada’s latest GDP figures came in below market forecasts, pointing to a slowing economy. This data, released last week, showed that the economy contracted in the final quarter of the previous year, adding to concerns about the impact of high interest rates and sluggish global demand. For the Canadian dollar, the weak print supports the view that the Bank of Canada may hold off on further rate hikes, or even consider cuts later this year, limiting the currency’s upside potential. TD Securities’ Technical View TD Securities noted that the Canadian dollar has been trading in a relatively narrow band against its US counterpart. The bank’s analysts highlighted that the currency is likely to remain range-bound, with support around the 1.35 level and resistance near 1.38 against the US dollar. This view is based on a combination of technical indicators and fundamental factors, including the GDP data and expectations for monetary policy divergence between the Bank of Canada and the Federal Reserve. What This Means for Traders and Businesses For forex traders, the range-bound outlook suggests a strategy of selling near resistance and buying near support, rather than betting on a breakout. For Canadian businesses that rely on cross-border trade, the stable but weak Canadian dollar means continued pressure on import costs, while exporters may find some relief. The broader implication is that the Canadian economy faces headwinds that are likely to keep the currency subdued in the coming weeks. Conclusion TD Securities’ decision to maintain its range-bound view on the Canadian dollar after weak GDP data reflects a cautious but data-driven assessment. The currency is likely to remain constrained by economic fundamentals and central bank policy expectations, with limited catalysts for a significant move in either direction. Traders and businesses should prepare for continued sideways trading in the near term. FAQs Q1: What is a range-bound market? A range-bound market occurs when a currency or asset trades within a consistent price range, moving between a defined support level and resistance level without breaking out. Q2: Why does weak GDP data affect the Canadian dollar? Weak GDP data signals a slowing economy, which can lead to lower interest rates or a pause in rate hikes. Lower rates make a currency less attractive to investors, reducing demand and weakening its value. Q3: What are the key levels to watch for USD/CAD? According to TD Securities, the key support level is around 1.35, and the key resistance level is near 1.38. A break above or below these levels could signal a change in the current range-bound trend. This post Canadian Dollar: Range-Bound View Maintained After Weak Canada GDP – TD Securities first appeared on BitcoinWorld .

1 Jun 2026, 12:02

Analyst Predicts 53% Chance XRP Hits $11 Very Soon. Here’s why

Crypto trader Cheeky Crypto recently suggested that XRP has 53% probability of reaching $11 on a long-term technical pattern on the chart. Cheeky Crypto stated that XRP is approaching a decisive moment as a massive broadening wedge pattern continues to develop. According to the analysis, historical data associated with this chart formation indicates a 53% probability of an upward breakout and a 47% probability of a breakdown. The post emphasized that traders should focus on larger market structures rather than short-term price movements, while also monitoring institutional activity, on-chain metrics, and exchange reserve levels. The accompanying video expanded on these points, arguing that many market participants overlook the significance of the pattern by concentrating on daily price fluctuations and news events rather than the broader technical setup. 53% chance XRP hits $11 very soon Can a massive macro broadening wedge pattern really catapult XRP to eleven dollars, or is the market setting up an expansive technical trap? Analyzing long-term market data reveals a specific geometric structure coiling on the charts with a… pic.twitter.com/fV4weWP20f — Cheeky Crypto (@CheekyCrypto) May 31, 2026 Why the $11 Target Was Presented In the video, Cheeky Crypto explained that a broadening wedge differs from more commonly discussed patterns such as triangles and pennants. Rather than converging toward a narrow point, the pattern expands as both highs and lows become increasingly extreme. According to the analysis, this expanding volatility reflects growing conflict between buyers and sellers. Cheeky Crypto stated that repeated tests of support and resistance have produced larger swings over time, creating what it described as a high-stakes environment that could eventually result in a major move. The $11 target was derived using a traditional technical analysis method that measures the wedge’s maximum height and projects that distance upward from a potential breakout point. Cheeky Crypto acknowledged that the target may appear ambitious relative to current price levels, but argued that historical studies of similar patterns support the possibility. The video further claimed that historical samples of comparable chart structures across stocks, commodities, and digital assets showed that slightly more than half reached their projected upside targets after breaking out. Risks Remain Despite the Bullish Outlook While highlighting the bullish scenario, Cheeky Crypto devoted significant attention to the downside risk. The analysis stressed that the 47% probability of failure cannot be ignored and warned that broadening wedge breakdowns can lead to rapid declines. According to the video, many traders become overly confident after multiple successful support tests, only to face sharp losses if the lower boundary eventually breaks. Cheeky Crypto argued that excessive leverage and emotional trading could expose participants to substantial risk during such conditions. The discussion also pointed to thin order books, liquidity clusters, and the presence of large institutional trading algorithms as factors that could create false breakouts and sudden volatility before a definitive trend emerges. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Focus on Patience and Risk Management Another major theme of the presentation was the importance of patience. Cheeky Crypto argued that traders often misunderstand the timeline associated with large chart formations, expecting immediate results from patterns that have taken months to develop. The analysis suggested that traders should align their expectations with the chart’s scale, monitor volume trends, and wait for stronger confirmation signals before assuming that a breakout has occurred. As XRP approaches what Cheeky Crypto described as the final stages of the broadening wedge, the group maintains that both outcomes remain possible. While the historical data referenced in the analysis favors an upside move toward $11 , the presenters repeatedly emphasized that disciplined risk management remains essential given the nearly equal probability of a significant downside move. 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 Predicts 53% Chance XRP Hits $11 Very Soon. Here’s why appeared first on Times Tabloid .

1 Jun 2026, 12:00

Decoding Worldcoin’s 16% rally – Can WLD retest $0.45 next?

WorldCoin rallied 16%, successfully flipped $0.4 resistance amid increased market participation

1 Jun 2026, 12:00

NYDIG Says $1.3 Billion IBIT Trade Reveals Urgent Bitcoin ETF Exit

NYDIG says a $1.26 billion off-exchange sale of BlackRock ’s spot Bitcoin ETF, IBIT, was most likely a large directional holder exiting fast, rather than a basis-trade unwind. The May 26 block trade stood out not only for its size, but for the $29.5 million discount the seller accepted to move the position immediately. In its May 29 weekly Bitcoin digest , NYDIG’s Global Head of Research Greg Cipolaro examined the transaction in detail, arguing that the tape, holder data, ETF flows, and CME futures activity all point toward an urgent liquidation of a concentrated Bitcoin-linked position. Bitcoin ETF Whale Pays $29.5M To Exit IBIT Fast At 10:30:34 ET on May 26, a single counterparty sold 29.21 million IBIT shares at $43.16 per share through FINRA/Nasdaq TRF Carteret, one of the reporting facilities used for privately negotiated off-exchange trades. The block was worth roughly $1.26 billion. The sale price came in $1.01 below the prevailing market price of $44.17, a 2.3% concession worth about $29.5 million. “The evidence is most consistent with a large directional holder exiting a concentrated position rather than a contemporaneous basis-trade unwind,” NYDIG wrote. “The transaction exceeded the reported position of every disclosed March 31, 2026, 13F holder, required an unusually large price concession, and was not accompanied by the CME futures activity that would be expected if a basis position were being unwound.” The trade occurred against a weaker market backdrop for US spot Bitcoin ETFs. NYDIG noted that the category had entered May 26 after six straight sessions of net outflows beginning May 15. Over that stretch, spot Bitcoin ETFs lost approximately $1.55 billion, with IBIT accounting for about $1.1 billion of the total. Bitcoin’s technical setup had also deteriorated. According to NYDIG, BTC had rallied into its descending 200-day moving average near $82,000 to $82,500 in early May but failed to break through. By mid-May, price had fallen back below the trendline, while the 14-day RSI slid from around 70 to the mid-30s. That failed breakout likely contributed to the ETF outflows that preceded the block sale. The minutes before the trade showed a burst of activity. IBIT opened May 26 at $43.44 and traded normally during the first hour, before volume accelerated between 10:16 and 10:28 as the ETF moved from $43.81 to an intraday high of $44.24. The 10:26–10:27 and 10:27–10:28 intervals recorded 822,000 and 702,000 shares, respectively, about three to four times normal activity. NYDIG said the trade condition codes also mattered. The transaction was marked as an off-exchange TRF trade, carried a Rule 611 trade-through exemption, and was designated as an Intermarket Sweep Order. In practice, those conditions point to a privately negotiated block designed to prioritize execution certainty over price improvement. “Taken together, the designations indicate a negotiated off-exchange block transaction executed under trade-through exemptions and sweep procedures that allowed the seller to prioritize certainty of execution over price improvement,” NYDIG wrote. That urgency is central to NYDIG’s conclusion. A 20,000-share trade printed seconds earlier at $44.17, confirming that the $43.16 price was specific to the block rather than a broader market move. IBIT then rebounded to roughly $44.06 within the next minute before sliding later in the session and closing at $42.99. NYDIG also pushed back on the idea that the trade was a delta-neutral basis unwind. A 29.21 million-share IBIT position represented approximately 18,500 BTC of exposure, equivalent to around 3,700 CME Bitcoin futures contracts. Total CME Bitcoin futures volume that day was about 8,630 contracts, but the 10:30–10:31 interval saw only 91 contracts, and the adjacent minute saw 93. Even the full 10:30–11:00 window accounted for only about 1,070 contracts. “A simultaneous basis unwind of this size would have represented approximately 43% of total daily CME volume and likely produced a visible spike in futures activity,” NYDIG wrote. “No such activity occurred.” The firm also cautioned against reading IBIT’s reported $720 million of net redemptions across May 26 and May 27 as a direct measure of the block trade. ETF creations and redemptions can obscure simultaneous gross activity, and IBIT’s reported NAVs of $42.955 and $42.431 on those dates were both below the $43.16 block price. The seller remains unidentified. NYDIG said public data cannot conclusively determine whether the exit reflected forced constraints, such as investor redemptions or risk limits, or a discretionary investment call. What the trade does show, however, is that one sophisticated holder was willing to pay nearly $30 million for speed. At press time, BTC traded at $72,891.

1 Jun 2026, 11:59

Aptos (APT) And Sei (SEI): As Move DeFi On APT And Order‑Book Perps On SEI Expand, Do APT And SEI Attract Sticky Trading Liquidity Or Stay High‑Beta Alternative...

As the digital asset market pushes toward the second half of 2026, alternative Layer-1 networks are attempting to carve out highly specialized niches to compete with established giants. The battle for trading volume and liquidity is fierce, and two distinct architectural approaches are currently taking the spotlight. Aptos (APT) is doubling down on its highly secure, parallelized Move-based execution to build a resilient DeFi ecosystem. Meanwhile, Sei (SEI) has positioned itself as the definitive "order-book perps chain," optimizing its infrastructure specifically to handle high-frequency trading and deep liquidity routing. However, while their fundamental value propositions are clear, their 30-day technical structures reveal that the market is still treating them cautiously. The pivotal question for both networks is whether their specialized environments can finally capture "sticky" trading liquidity, or if they will remain rotational, high-beta alternatives to Ethereum L2s and Solana. Aptos (APT): Move DeFi Chain Sitting On Its Floor Source: tradingview Aptos is currently exhibiting the classic behavior of a "high-beta alt-L1 in a down-leg." It is trading uncomfortably close to its local bottom, resting below both its short-term and long-term moving averages. The Fibonacci Map ($8.50 to $12.50): 23.6% Retracement: $9.44 38.2% Retracement: $10.03 50.0% Retracement: $10.50 61.8% Retracement: $10.97 Immediate Support: $8.50 to $8.80: APT is currently trading at $9.00, sitting precariously close to the $8.50 swing low. This is the absolute floor for the 30-day window. A clean daily close under $8.50 implies the market is completely repricing the prior $8.50 to $12.50 move and treating those earlier highs as a definitive top. Immediate Resistance: $9.40 to $10.00: The "first bounce" and mean-reversion band. This cluster contains the 23.6% and 38.2% Fibonacci retracements, alongside the 30-day SMA ($9.80). APT must reclaim and hold this territory just to stop looking structurally heavy. $10.50 to $11.00: The critical "trend-repair zone." This block houses the 50% Fib ($10.50), the 200-day SMA ($10.50), and the 61.8% Fib ($10.97). If APT can live within and eventually conquer this band, it signals that Move-DeFi liquidity is starting to genuinely stick. $12.00 to $12.50+: The local high. Sustained closes above $12.50 are required to mark the start of a brand new cyclical leg. The Read: Right now, APT is a high-beta alt-VM hugging the bottom of its range. To attract sticky trading liquidity rather than remaining a side bet, it must rigorously defend the $8.50 floor on every dip, reclaim the $9.40–$10.00 block to pull its 30-day SMA higher, and back any serious attempt at $10.50 with rising, organic TVL on APT-native DEXes. If it fails near $10.00, it remains a rotational beta play. Sei (SEI): Order‑Book Perps Chain In Mid‑Range, Slightly Healthier Source: tradingview Sei presents a slightly healthier technical picture than Aptos in this current snapshot. While it is trading slightly below its 30-day SMA ($0.55), it remains comfortably above its longer-term 200-day baseline ($0.48), placing it in a standard mid-range consolidation pattern. The Fibonacci Map ($0.40 to $0.70): 23.6% Retracement: $0.47 38.2% Retracement: $0.51 50.0% Retracement: $0.55 61.8% Retracement: $0.59 Immediate Support: $0.47 to $0.52: SEI is currently trading at $0.52, resting perfectly on this crucial "trend support band" spanning the 23.6% and 38.2% retracements. Closes above this cluster indicate that the broader $0.40 to $0.70 run remains structurally alive. $0.40 to $0.42: The 30-day swing low. A daily close below $0.40 unwinds the entire leg and serves as a stark signal that order-book perp flows are not currently strong enough to support the network's valuation premium. Immediate Resistance: $0.55 to $0.59: The primary overhead hurdle. This zone clusters the 50% Fib ($0.55), the 30-day SMA ($0.55), and the 61.8% Fib ($0.59). SEI needs to reclaim and hold above this ceiling to look like it is doing more than just bouncing. In any bullish "sticky liquidity" scenario, this band must be converted into a solid base. $0.65 to $0.70+: The local high region. Sustained closes above $0.70 on strong perpetual and spot volume would be the first definitive evidence of SEI breaking out of the "new alt-L1" category and into "serious trading venue" territory. The Read: SEI is mid-range, sitting above its trend support and long-term mean, but it still requires a definitive push. To shed its status as merely a high-beta alternative to Arbitrum or Solana, it must defend $0.47, push into the $0.55–$0.59 resistance block, and consistently post competitive order-book depth. If it gets aggressively sold near $0.60, it remains just a "good alt-L1 perps playground." Conclusion: Sticky Liquidity Or Side Bets? The side-by-side structures reveal one asset dangerously close to losing its current structure and another waiting mid-range for directional confirmation. They Attract Sticky Liquidity If: APT holds the $8.50 floor, trades consistently above the $9.50–$10.00 mean-reversion band, and demonstrates that Move-native TVL does not instantly vanish the moment incentive campaigns end. SEI defends $0.47–$0.52, lives primarily above $0.55–$0.59, and sees its flagship perpetual and spot venues regularly post trading volume and liquidity depth that genuinely rival established Arbitrum and Solana pairs. Liquidity on both chains survives market rotations—meaning their order books do not fully drain when capital temporarily sloshes back toward Ethereum or monolithic AI narratives. They Stay High-Beta Satellites If: APT breaks its $8.50 baseline or repeatedly fails to clear the $9.40–$10.00 overhead resistance, confirming a deeper structural reset. SEI drifts beneath $0.47 or consistently gets rejected at the $0.55–$0.59 moving average confluence. The vast majority of serious, institutional-grade trading remains heavily anchored to ETH L2s and Solana, leaving APT and SEI as interesting venues for targeted bets, but not places where capital naturally parks. Final Verdict: The level ladders and moving average positions for both assets are crystal clear. However, whether they emerge as undisputed market leaders or remain rotational side bets will be decided by verifiable, on-chain liquidity depth and trading volume, rather than technical charts alone. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.