hodler

28 May 2026, 12:30

James Wynn Accused of WORLD Token Rug Pull

Liquidity was reportedly removed shortly after launch, but the incident allegedly only generated around 3.2 SOL in profits. Wynn later claimed that his X account had been hacked, but many crypto users questioned the explanation. James Wynn Faces Backlash Yet Again Crypto trader and influencer James Wynn is once again facing controversy after on-chain analytics platform Lookonchain alleged that a token launched from wallets connected to him ended in a suspected rug pull. According to blockchain activity, a token called WORLD was launched on May 28 before liquidity was quickly removed from the trading pool shortly after activity began. Despite getting a lot of attention from the crypto community, the alleged exploit reportedly generated only around 3.2 SOL in profits. Shortly after traders began circulating wallet activity and screenshots tied to the launch, Wynn claimed that his X account was hacked. In a post that was published just minutes after the controversy intensified, he stated that the token promotion activity was not carried out by him. However, skepticism quickly spread throughout crypto social media, with many users openly questioning the explanation. Several people pointed to wallet links and previous posts that appeared to connect Wynn to the token launch activity, while others mocked the fact that the alleged payout was so small compared to the much larger scams that are sometimes seen in the meme coin sector. The controversy also revived discussions around Wynn’s long history of high-risk trading and meme coin promotions. Back in October of 2025, he faced backlash after heavily promoting a BNB Chain meme coin called YEPE. The token surged by more than 400% shortly after promotion, but blockchain analytics platform Bubblemaps later reported that insiders controlled roughly 60% of the token’s supply. According to the analytics firm, insider wallets eventually sold large portions of their holdings, and generated an estimated $1.4 million in profits while still maintaining control over more than half of the supply. Wynn publicly encouraged followers to watch the token, and claimed at the time that “the market has spoken.” Long before the latest controversy, Wynn already established himself as a very controversial personality in the crypto trading space due to his aggressive leveraged trading strategies on HyperLiquid. During the first half of 2025, he regularly shared screenshots of massive Bitcoin and meme coin positions that reportedly used leverage as high as 40x. However, market conditions eventually turned against him as several highly leveraged Bitcoin positions were liquidated after sharp price declines. Reports later suggested that hundreds of BTC tied to his trading activity were wiped out. By July 2025, Wynn reportedly deactivated his X account after his wallet balances fell to just over $10,000. Before disappearing from the platform, he updated his profile bio to simply read “broke” and admitted that his trading behavior resembled gambling more than disciplined investing. Now, the latest WORLD token allegations have once again placed Wynn at the center of controversy.

28 May 2026, 12:25

EUR/JPY Price Forecast: Bullish Bias Remains Intact Despite Loss of Momentum Near 185.00

BitcoinWorld EUR/JPY Price Forecast: Bullish Bias Remains Intact Despite Loss of Momentum Near 185.00 The EUR/JPY currency pair has lost some upward momentum as it approaches the 185.00 resistance level, yet the broader technical outlook remains bullish. Traders are closely watching this key psychological barrier for signs of a breakout or a deeper pullback. Technical Overview: Resistance and Support Levels The pair has been in a steady uptrend over recent sessions, driven by a combination of euro strength and yen weakness. However, the rally has stalled near the 185.00 mark, a level that has historically acted as both support and resistance. The Relative Strength Index (RSI) is showing signs of cooling from overbought territory, suggesting that buying pressure may be easing in the short term. Key support lies at 183.50, followed by the 182.00 zone. A break below these levels could signal a deeper correction. On the upside, a sustained move above 185.00 would open the door toward the 186.50 region, a level not seen since early 2024. Fundamental Drivers: Divergent Monetary Policies The bullish bias in EUR/JPY is largely underpinned by divergent monetary policy expectations between the European Central Bank (ECB) and the Bank of Japan (BoJ). The ECB has maintained a relatively hawkish stance, with interest rates remaining elevated to combat persistent inflation. In contrast, the BoJ has continued its ultra-loose monetary policy, keeping Japanese government bond yields low and pressuring the yen. Recent comments from BoJ officials have done little to alter expectations of a prolonged accommodative stance, further weighing on the yen. Meanwhile, eurozone economic data, while mixed, has not been weak enough to trigger a shift in ECB policy outlook. Market Implications for Traders For forex traders, the current setup presents a classic dilemma: momentum is fading near resistance, but the underlying trend remains bullish. A cautious approach would involve waiting for a confirmed breakout above 185.00 before adding long positions. Alternatively, a pullback toward support levels could offer a lower-risk entry point for those looking to join the uptrend. Stop-loss placement is critical here. A close below 183.00 would invalidate the near-term bullish structure and could trigger a wave of selling. Conversely, a daily close above 185.50 would confirm the resumption of the uptrend. Conclusion EUR/JPY is at a pivotal juncture near 185.00. While the bullish bias remains intact, the loss of momentum warrants caution. Traders should monitor price action around this key level for confirmation of the next directional move. The broader trend favors the upside, but a short-term pullback cannot be ruled out. FAQs Q1: What does a bullish bias mean for EUR/JPY? A bullish bias indicates that the overall trend favors the euro strengthening against the yen, meaning prices are expected to rise over time. However, short-term pullbacks are possible within an uptrend. Q2: Why is the 185.00 level important for EUR/JPY? The 185.00 level is a psychological round number and a historical support/resistance zone. It often attracts significant trading activity, making it a key barrier for the pair to overcome to continue its uptrend. Q3: How do central bank policies affect EUR/JPY? Divergent monetary policies between the ECB and BoJ are a major driver. Higher interest rates in the eurozone attract capital, supporting the euro, while the BoJ’s low rates weaken the yen. Changes in policy expectations can cause significant price movements. This post EUR/JPY Price Forecast: Bullish Bias Remains Intact Despite Loss of Momentum Near 185.00 first appeared on BitcoinWorld .

28 May 2026, 12:21

XRP Ledger Activity Jumps 30%: What It Could Mean for Price Momentum

XRP sees a real network activity increase, which should create a cushion for a potential market review.

28 May 2026, 12:17

Cardano millionaire wallets hold record ADA since December 2017

Cardano ( ADA ) whales, wallets with a balance of at least 1 million units, have increased their holdings to the highest level since December 2027. As of May 28, Cardano whales held 25.11 billion ADA, representing over 67% of the total circulating supply, according to data from Santiment . The supply of ADA held by this group of investors has gradually increased since the fourth quarter of 2023, which marked the end of the 2022 bear market. On-chain analysis for Cardano whales. Source: Santiment With ADA price hovering around $0.23 at press time, these holdings are valued at approximately $5.77 billion. Notably, their holdings have accelerated over the past two years despite the altcoin being trapped in a downtrend. As such, it signals strong investors’ conviction in Cardano, with a long-term perspective. Moreover, this group of investors has continued to aggressively accumulate ADA since early 2021, potentially due to the network’s improved performance amid regulatory backing. “When key stakeholders accumulate, this is generally a sign of confidence from the groups that are most deeply invested and have the most to gain/lose,” Santiment noted . Notably, the Cardano whales could be bullish on the network, as it has achieved greater decentralization over the past few years through several upgrades, including the Chang Hard Fork and Goguen. Additionally, ADA has gained significant regulatory clarity in the United States, and more is expected after a potential enactment of the Clarity Act – a proposed federal regulation aimed at legalizing the crypto space – in 2026. What’s next for Cardano price amid aggressive whales’ appetite Amid aggressive accumulation of Cardano by whale investors, ADA price has found strong support around $0.23. Moreover, the altcoin rebounded from the same buy wall after the 2022 bear market. ADA/USD all-time chart. Source: Finbold Meanwhile, Finbold AI Agent , an advanced financial assistant that leverages multiple AI models, has predicted further downside risk in June 2026. Cardano price prediction for Jun 30. Source: Finbold The Finbold AI Agent predicted that Cardano price could drop 9.54% to $0.208 by the end of next month. However, if the whale investors continue with their buying spree, a potential rebound could follow soon. The post Cardano millionaire wallets hold record ADA since December 2017 appeared first on Finbold .

28 May 2026, 12:16

Solana price outlook: Bulls risk dip below $80 as US-Iran tensions trigger selling

Solana (SOL) plunged to intraday lows of $80 on Thursday as a sudden deterioration in risk sentiment roiled cryptocurrency markets. The token has slightly bounced off the intraday lows as investors digest the US-Iran situation. SOL could thus eye a swift rebound to recent highs. However, technical indicators and broader risk assets outlook suggest bulls may yet be vulnerable to a deeper pullback. Solana tests $80 support amid crypto sell-off Solana price fell as the broader crypto market sold off sharply early Thursday. This is after reports that Iran’s Revolutionary Guards struck a US airbase following an alleged early-morning US attack near Bandar Abbas airport. Market reaction to the strikes sent oil prices higher and increased fears of disruption around the Strait of Hormuz, amplifying risk aversion across financial markets. The development pushed Bitcoin briefly down to lows near $73,000, mirroring weakness in equity futures. Top altcoins tumbled in tandem, with Ethereum slipping below $2,000. Among major altcoins, XRP gave back gains to trade below $1.30, while Solana briefly touched the $80 level. Liquidity conditions around the sell-off were thin, according to on-chain and exchange metrics, which exacerbated intraday volatility for SOL and other tokens. Solana price outlook Technical and derivatives data point to a cautious near-term outlook for Solana. According to Coinglass, SOL perpetual futures funding rates have flipped negative and were holding around -0.0088%. This suggests short sellers remain dominant and that traders are positioning for further downside or hedging against additional volatility. On-chain liquidations during the session further highlight the potential for further downside pressure. In terms of technical setup, price action shows Solana trading below key short- and medium-term moving averages. Momentum indicators add to the cautionary tone. The Relative Strength Index (RSI) is approaching oversold territory, reflecting the intensity of recent selling while suggesting that any rebound could remain fragile if pressure persists. The Moving Average Convergence Divergence (MACD) remains below its signal line in negative territory, indicating that bearish momentum is still intact. As the daily chart shows, immediate resistance lies at the 50-day and 100-day simple moving averages (SMAs). These levels have acted as barriers to recent upside attempts. If buyers regain momentum, the 200-day exponential moving average (EMA) could emerge as the next major resistance level. On the downside, support could be around $78, which, if breached, would open the path toward a more meaningful floor near $70. What could change the narrative A lasting ceasefire and an end to hostilities between the US and Iran could help ease oil prices. A broader market recovery could help Bitcoin rebound toward recent highs, relieving immediate pressure on Solana and allowing bulls to retest the 50-day and 100-day SMAs. Conversely, further geopolitical escalation or a continued flight from risk assets would likely see SOL test lower support levels. The post Solana price outlook: Bulls risk dip below $80 as US-Iran tensions trigger selling appeared first on Invezz

28 May 2026, 12:09

Mystery Bitcoin burn destroys 107 BTC worth about $8.5M

An unknown entity burned $8.5 million worth of Bitcoin after 12 years of holding, rendering the BTC unspendable, despite its price increasing by 12,700%.