hodler

29 May 2026, 01:00

Assessing PENDLE’s structure as $1.45 turns into KEY battleground

PENDLE faced growing bearish pressure as volume surged and short traders tightened market control.

29 May 2026, 01:00

Shiba Inu Traders Withdraw 204 Billion SHIB Amid Sharp Drop In Futures Activity

Traders pulled over 204 billion SHIB tokens off exchanges in a single day, a 3.6% jump from the day before, even as demand for Shiba Inu futures contracts slid sharply. Related Reading: Bitcoin’s 4-Year Rhythm Is Still Playing Out, Says Crypto CEO Futures Flow Turns Negative Data from Coinglass shows that futures outflows hit $5.6 million over the past 24 hours, outpacing inflows of $4.74 million. The net gap — roughly $865,790 in closed contracts — effectively removed 156.56 billion SHIB tokens from the futures market in one session. Open interest, which tracks the total value of active futures positions, fell 6% to over $49 million over the same period. The 24-hour futures trading volume also slipped 0.88% to $78.6 million as activity across the derivatives market stayed thin. The pullback in futures demand tracks with SHIB’s price behavior over the past four days, during which the token has barely budged. The coin hasn’t moved more than 2% in either direction, leaving derivative traders with little reason to stay in. Quiet Price, Slow Momentum SHIB was trading at $0.00000553 at the time of writing, showing almost no change in the past day. Low price movement tends to push futures traders toward other assets, and that rotation appears to be underway here. When a token sits still, futures traders tend to leave. They need volatility to make money on leveraged positions, and SHIB hasn’t been delivering that. Spot Demand Holds Up While the derivatives side weakened, spot activity told a different story. Spot trading volume climbed 18% in 24 hours to nearly $12 million, and exchange reserves dropped 0.25% to 80.32 trillion SHIB. Related Reading: Crypto Market Sees $1.46B Fund Exodus As Traders Turn Cautious The exchange netflow remained negative, meaning more tokens left platforms than arrived. That kind of sustained outflow is often read as holders moving assets into self-custody rather than preparing to sell. Some analysts have pointed to this pattern as a sign the recent downward pressure on prices may be running out of steam. Featured image from Unsplash, chart from TradingView

29 May 2026, 00:30

ONDO slides 12% amid the broader market decline – Is more pain ahead?

ONDO price could fall another 12%, but a key condition still remains.

28 May 2026, 23:46

Cardone Sells Botcoin Holding After Bitcoin Falls Below $74k

On Thursday, Grant Cardone shared a post on X, saying that “ I’m selling all my botcoin, ” most likely mentioning his Bitcoin holdings. While he did not clearly mention the name of BTC, the tweet has sparked discussion in the community about his strategy, as just a day ago, Cardone Capital acquired 130 BTC. Amid the turmoil in the crypto market, Bitcoin has plunged below $74,000 after recording a streak of outflows in spot Bitcoin ETFs. While the entire crypto sector falls into a state of fear following bearish sentiment, Grant Cardone, the founder and CEO of Cardone Capital, shared a sarcastic post on his X handle, saying that he is planning to sell all his “botcoin.” Amid the downward trend in the crypto market, where Bitcoin (BTC) has dipped below $74,000, the post from Grant Cardone has sparked a discussion on the internet, and even some people have started trolling him for this statement. Grant Cardone’s Statement Comes a Day After Cardone Capital Acquired 130 Bitcoin On May 27, Cardone Capital acquired 130 Bitcoins after the overall crypto market witnessed a dip. The company started accumulating Bitcoin in late 2024 with its first purchase of $4 million. However, they boosted their position in 2025 when the company accumulated 1,000 BTC and added it to its treasury. They are constantly buying the dip in the market. Earlier this month, Grant also expressed his confidence in his hybrid strategy to combine BTC investment with real estate investments. He also revealed that he has poured another $100 million into Bitcoin to expand its treasury. Earlier, he said, “ We just simply added another $100 million of bitcoin. We believe by combining real estate and bitcoin, I’ll end up with somewhere between a 22% and a 32% return.” As of now, Cardone Capital is currently at around $200 million worth of position in Bitcoin. However, the strategy of this company is very different from digital asset treasuries (DATs), like Strategy. Grant Cardone has not directly purchased Bitcoin (BTC) from the exchanges like most people do. Instead, he has issued a package of $100 million of that Bitcoin directly into a $235 million real estate purchase in Boca Raton, Florida. Traditional Real Estate Investment Trusts (REITs) are not allowed to hold cryptocurrency on their balance sheets under the current regulatory frameworks. This is why, in order to hold BTC, Cardone has created a single private LLC structure. This entity is now holding the physical properties and the digital assets in one place. He said, “ I’m not putting real estate on the blockchain. All I’m doing is buying a bunch of bitcoin and stuffing it into the discount gap.” Bitcoin Falls Below $74,000 After Major Outflows in ETFs Amid the growing geopolitical tension after fresh missile exchanges between the U.S. and Iran, the crypto market has once again witnessed a sharp downfall after investors started pulling out their investments over the fear of growing volatility in the crypto market. At the time of writing this, Bitcoin (BTC) price is trading at around $73,406 with a drop of 1.2% in the last 24 hours, according to CoinMarketCap . Its market capitalization has also plunged below $1.5 trillion, with a 22% spike in the daily trading volume. Amid the chaos in the Middle East and the global energy crisis, institutional investors are also pulling out their money from spot Bitcoin ETFs (exchange-traded funds), which was also seen in the latest streak of outflows. (Source: Coinglass ) On May 27, the cumulative Bitcoin ETFs recorded more than $733 million in net outflows. This was the largest outflow recorded in the last 7-day streak. Adding to this downfall, the crypto sector is also hit by another major crisis, where DeFi platforms like Kelp DAO are getting hit by a series of bizarre cyber attacks.

28 May 2026, 23:45

Google Engineer Accused of Turning Secret Search Data Into a $1.2M Polymarket Profit

US prosecutors have charged Google software engineer Michele Spagnuolo, also known online as ‘AlphaRaccoon,’ with allegedly using confidential internal Google search data to profit roughly $1.2 million through bets placed on prediction market platform Polymarket. According to a criminal complaint unsealed in the Southern District of New York, Spagnuolo allegedly accessed nonpublic ‘Year in Search 2025’ data from Google’s internal systems and used that information to trade on Google-related markets on Polymarket before the results became public. Polymarket Insider Trading Case Prosecutors charged him with commodities fraud, wire fraud, and money laundering, while the Commodity Futures Trading Commission (CFTC) filed a parallel civil complaint accusing him of insider trading violations under the Commodity Exchange Act. The filing states that Google keeps its “Year in Search” rankings strictly confidential because the annual campaign is commercially valuable and designed around a coordinated public reveal intended to generate media attention, user engagement, and advertising demand. Investigators said Spagnuolo had access to a Google internal software tool containing confidential trend data and that the tool itself displayed a “Google Confidential” warning banner. Authorities allege that between October and December 2025, Spagnuolo used the AlphaRaccoon Polymarket account to place bets on at least 23 Google-related prediction markets, including contracts tied to the “#1 Searched Person on Google this year” and “Top 5 Most Searched People on Google 2025.” The complaint says that after reviewing Google’s internal data on October 15, 2025, Spagnuolo placed trades the following day, backing Kendrick Lamar to become the top searched person of the year while simultaneously betting against Pope Leo XIV achieving the same result. Prosecutors said he continued placing trades over the following weeks using knowledge unavailable to the public. On November 27, 2025, investigators allege that Spagnuolo again accessed confidential Google search rankings and learned that musician d4vd had overtaken Kendrick Lamar as the top trending person for the year. Roughly three hours later, the AlphaRaccoon account allegedly placed bets favoring d4vd despite the market assigning almost no probability to that outcome at the time. The filing states that the account risked roughly $2.75 million across Google Year in Search-related markets between October 15 and December 4, 2025. After Google publicly released its Year in Search results on December 4, prosecutors said the AlphaRaccoon account generated approximately $1.2 million in profits. Investigators further allege that Spagnuolo attempted to conceal the origin of the proceeds by moving crypto through multiple wallets, decentralized swapping services, and a privacy-focused transfer service. Kalshi’s Crackdown on Insider Trading Cases The allegations against Spagnuolo come as prediction markets face increasing scrutiny over insider-style trading activity. In April, rival platform Kalshi banned three US political candidates after discovering they had placed bets tied to their own election races. Those included Minnesota State Senator Matt Klein, Texas congressional candidate Ezekiel Enriquez, and Virginia Senate candidate Mark Moran. Kalshi said the trades violated exchange rules that prohibit people with direct influence over an event from trading related contracts. The platform issued fines and five-year bans. The post Google Engineer Accused of Turning Secret Search Data Into a $1.2M Polymarket Profit appeared first on CryptoPotato .

28 May 2026, 23:30

XRP Traders Hit 47% Losses as Santiment Flags Historic Dip-Buy Setup

XRP traders are facing rare loss extremes as Santiment data points to deep bearish sentiment and potential rebound conditions. The firm said average active traders were down 47%, placing short-term holders in one of the weakest return zones since late 2020. XRP Trader Losses Put Sentiment at Rare Extremes Crypto data intelligence firm Santiment shared