hodler

31 May 2026, 00:57

Cardano drops to $0.232 as ADA slips below key support

🚨 Cardano plunged to $0.232, breaching vital $0.247 support. $ADA may target new lows if the bearish momentum continues. Key point: The monthly close near $0.247 could change market sentiment. Continue Reading: Cardano drops to $0.232 as ADA slips below key support The post Cardano drops to $0.232 as ADA slips below key support appeared first on COINTURK NEWS .

31 May 2026, 00:10

ADA Hits Make-or-Break Point Ahead of Bearish Monthly Close

Cardano’s price has dropped below its key multi-year support level, putting ADA at a crucial make-or-break point where it risks further price declines.

31 May 2026, 00:00

$1.88M Wiped Out As Sui Blockchain Suffers Third Outage Before Recovery

Leveraged traders betting on a price recovery got hit hardest when the Sui blockchain went down for the third time in under 48 hours. Data from CoinGlass shows that long positions accounted for $1.72 million of the $1.88 million in SUI liquidations recorded during the latest disruption. The Ripple Effect On Price SUI fell to $0.9035 on Binance following the third stall, extending a slide that has now reached roughly 8% since the trouble began on May 28. The $1.00 support level — one that held for much of 2024 — was broken during the selloff, with the token down around 16% over the past week. The third outage hit during an epoch transition on May 29 at approximately 4:30 PM EDT. Validators were up and generating system transactions, but user transactions stopped flowing entirely. Sui mainnet stopped accepting user transactions due to an issue during the epoch change beginning at ~1:30PT. Validators are up and creating system transactions, but user transactions are not currently being accepted. The Sui Core Team is investigating, and updates will be shared… — Sui (@SuiNetwork) May 29, 2026 The Sui team later traced the failure to a latent bug in how a specific failure state is preserved across validator restarts, which prevented the network from completing its move to the next epoch. Validators deployed a fix addressing both the bug and the affected epoch, and the network came back online shortly after. Is this for real $SUI ? After 2 major Outages and almost 10 hours of downtime, SUI faced a Partial Outage. This is the 3rd Outage in 2 days… https://t.co/pmMCYX7nnc pic.twitter.com/GLsCqnfrBq — Fabio (@Zero2HeroZombie) May 29, 2026 How Three Outages Unfolded The problems started on May 28 when a crash bug in the gas charging logic — introduced in version 1.72 of Sui’s software — brought the mainnet to a halt for roughly five hours and 55 minutes. Sui mainnet is back online and transactions are flowing normally. The end of epoch halt was triggered during the rollout of yesterday’s long-term fix. As validators restarted to deploy the new binary, the randomness initialization that runs at the start of each epoch was unable… — Sui (@SuiNetwork) May 30, 2026 No new checkpoints were recorded during that window. After more than two-thirds of the validator stake upgraded to a patched version, the network came back online on May 29 at around 8:32 PM UTC. No user funds were lost. Relief was brief. A second stall was reported hours later, around 12:19 PM UTC on May 29, with the status page flagging it as a major outage. The Sui team acknowledged the interim fix had only addressed part of the problem, and the network hit a variation of the same underlying issue. Service resumed at around 11:34 AM EDT before the third and final disruption arrived that same afternoon. Reports indicate the root cause across all three outages connects back to changes in the gas charging logic introduced to support zero-fee stablecoin transfers on the network. A Pattern Worth Watching This is the third significant disruption Sui has faced in 2026 alone. A six-hour consensus divergence event struck in January, and a congestion-related outage hit in November 2024. The Sui team has said a detailed incident review is coming. Featured image from Driver Easy, chart from TradingView

31 May 2026, 00:00

Analyst Says This Dogecoin Chart Is Too Dangerous To Ignore – Here’s Why

The Dogecoin (DOGE) price has continued to trend downwards, fueled by general weakness in the meme coin market and a lack of sustainable bullish catalysts. Due to its poor performance, market sentiment has been in the dumps for months. However, a crypto analyst has noted that this period of prolonged consolidation and negativity occurs before every major expansion phase. He points to a chart, noting that Dogecoin’s price structure still looks dangerous, as he expects the meme coin to stage a potential rally that could catch many investors off guard. Related Reading: Bitcoin Could Enter Freefall If This Level Cracks: Analyst Dogecoin Chart Mirrors Past Expansion Cycles Market analyst Cryptollica is warning investors and traders not to sleep on Dogecoin after identifying a recurring cycle pattern that has preceded every major DOGE bull rally since 2021. In an X post on May 27, the crypto expert said that Dogecoin’s current market structure is too dangerous to ignore. He explained that the reason is not because Dogecoin is a meme coin, but due to its habit of respecting and following the same cycle structure before delivering a massive price surge when the market least expects it. The analyst pointed to his accompanying chart, noting that every price expansion since 2021 began after the market abandoned Dogecoin and stopped taking interest in it. Cryptollica noted that while “the crowd laughed,” DOGE was rebuilding its underlying structure quietly before exploding higher. Looking at the chart, Cryptollica shows Dogecoin trading near the lower boundary of a multi-year descending channel, a level that has historically acted as a launchpad for significant price expansions. The analysis reveals that every meaningful low within that structure was accompanied by the same market conditions currently present today. This includes public disinterest, negative sentiment, and the meme coin’s price sitting at or near the channel’s lower boundary. After bottoming around $0.04 in mid-2022 and again at $0.05 in early 2023, Dogecoin staged back-to-back recoveries that brought its price to $0.22 and eventually $0.49 by mid-2024. Each of these explosive price rallies began after the asset was widely dismissed. Fast forward to today, Cryptollica has stated that Dogecoin is showing similar vertical-rally signals, with multiple bullish metrics aligning while market sentiment remains dead. Chart Metrics Reinforce DOGE’s Underlying Bullishness In his X post, Cryptollica noted that Dogecoin’s Crypto Cycle Score, highlighted at the bottom of the chart, is reading 19.9. This suggests that the meme coin may be in a rebuilding phase even with no hype or bullish confirmation in sight. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn The chart shows that Dogecoin’s Mayer Multiple is sitting at 0.64, placing it well below its long-term moving average. The meme coin also has an attention score of 10.1, further confirming that public interest is dead. Meanwhile, the Bollinger Band Width is reading 138 and signaling compressed volatility and weak price action. Cryptollica argues that all of these metrics combined with negative market psychology suggest that Dogecoin could be gearing up for an explosive price rally. He noted that this surge will likely fool many people, just as it did in past trends. Featured image from Unsplash, chart from TradingView

30 May 2026, 23:41

SUI hits 1,539 TPS but price stays near $0.91

🚀 SUI hit a yearly high with 1,539 TPS while holding near $0.91. Despite network growth, $SUI remains under price pressure below key resistance. 📉 Critical data: If $0.90 breaks, sharp declines toward $0.70 may follow. Continue Reading: SUI hits 1,539 TPS but price stays near $0.91 The post SUI hits 1,539 TPS but price stays near $0.91 appeared first on COINTURK NEWS .

30 May 2026, 23:00

Bitcoin Short-Term Holders Move 107,760 BTC In A Single Day — Details

According to historical data, the price of Bitcoin has never posted three consecutive months of positive performance in a bear-market year. This trend is about to continue in 2026, with May looking likely to end in the red for BTC after optimistic performances in March and April, and at the start of this month. Recent on-chain data suggests that short-term investors may also be capitulating amid Bitcoin’s disappointing price action over the past few weeks. Are BTC’s Short-Term Investors Losing Conviction? In a Quicktake post on the CryptoQuant platform, market analyst RugaResearch revealed that a specific cohort of Bitcoin investors moved a significant amount of BTC in the past day. This set of investors is known as the short-term holders, who are famous (or infamous) for being the most reactive in the market. Specifically, RugaResearch reported that 107,760 BTC within the 1-month to 3-month Spent Output Age Band moved in a single day, the largest value on-chain movement (within this age band) in more than seven months. For context, the Spent Output Age Bands is an on-chain indicator that segments spent transaction outputs into age brackets, showing the proportion of total coins moved and how long they were inactive. Related Reading: Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019 The 1- to 3-month Spent Output Age Band tracks Bitcoin purchased between late February and late April (from the beginning of BTC’s recovery to around $80,000 last month). RugaResearch said that when this age band witnesses an aggressive move, like the one recently seen, it means that the most recent investors are reacting rather than accumulating. The crypto pundit spotlighted that the movement of these 107,760 BTC while the Bitcoin price is sub-$74,000 means that a significant portion of the 1-month to 3-month Spent Output Age Band is out of the money — or near breakeven, at best. While it remains to be seen why this move occurred, this shake-up does not suggest conviction among the most reactive set of investors. RugaResearch wrote: Exchange inflows tell you if these coins are heading to sell. If they land on exchanges, this flush has legs. If they’re moving to cold storage or OTC desks, it’s redistribution under pressure. Hence, centralized exchanges’ data is one of the signals to watch in the coming days to decipher the purpose of this move. Bitcoin Price Momentum Stays Negative For Eight Days At the same time, RugaResearch revealed a worrying trend with the Bitcoin Price Momentum indicator, which has stayed negative since May 22nd. After rising to a nearly one-year high of +20.5% on May 5th, the on-chain metric dropped by 12.9 percentage points about ten days later. After flipping to negative a little over a week ago, the Bitcoin Price Momentum currently sits at 4.07%. “When 1m-3m spent output spikes 6.7x overnight while momentum bleeds for 8 straight days, the positioning game shifts,” the market analyst concluded. As of this writing, the price of BTC stands at around $73,410, reflecting a mere 0.4% dip in the past 24 hours. Related Reading: Anchorage Warns Bitcoin Yield Trade Could Cap Gains If BTC Rips Higher Featured image from iStock, chart from TradingView