hodler

28 May 2026, 03:00

SEI jumps 15% – Assessing if rising whale activity could push price to $0.08

SEI gains momentum as whale activity rises across markets and volume surges, with price now pushing toward key liquidity at the $0.08 resistance level.

28 May 2026, 03:00

Bitwise Hyperliquid ETF Surpasses $62.9M in AUM, Becomes Largest HYPE Fund Globally

BitcoinWorld Bitwise Hyperliquid ETF Surpasses $62.9M in AUM, Becomes Largest HYPE Fund Globally Bitwise Asset Management has announced that its Hyperliquid (HYPE) exchange-traded fund (ETF), trading under the ticker BHYP, has officially become the world’s largest HYPE ETF by assets under management (AUM). As of 8:00 p.m. UTC on May 26, the fund reported $62.9 million in AUM, reflecting sustained investor demand for regulated exposure to the Hyperliquid ecosystem. Strong Inflows and Trading Activity Drive Growth According to Bitwise’s latest data, the BHYP fund has recorded cumulative net inflows of $56.9 million since its launch. The ETF also posted an average daily trading volume of $19.8 million, signaling robust liquidity and active participation from institutional and retail investors alike. The milestone positions BHYP ahead of competing products in the HYPE ETF category, underscoring Bitwise’s early-mover advantage in offering a regulated vehicle tied to Hyperliquid, a layer-1 blockchain designed for high-performance decentralized finance (DeFi) applications. What This Means for the Crypto ETF Market The rapid accumulation of AUM in the Bitwise HYPE ETF reflects a broader trend of investors seeking diversified, compliant exposure to emerging crypto assets beyond Bitcoin and Ethereum. Hyperliquid’s focus on low-latency trading and DeFi infrastructure has attracted a dedicated user base, and the ETF provides a familiar, SEC-compliant wrapper for traditional market participants. Industry observers note that the BHYP fund’s success could encourage other asset managers to launch similar products tied to layer-1 protocols, further expanding the crypto ETF landscape. The fund’s strong daily trading volume also suggests that liquidity is sufficient to support both active trading strategies and long-term holdings. Implications for Investors and the Broader Market For investors, the BHYP ETF offers a way to gain exposure to Hyperliquid’s growth without the operational complexity of directly holding and managing the underlying HYPE token. This convenience, combined with Bitwise’s reputation for rigorous due diligence, has likely contributed to the fund’s rapid adoption. From a market perspective, the milestone reinforces the viability of niche crypto ETFs as a product category. It also highlights the increasing appetite for regulated vehicles that provide access to specific blockchain ecosystems, rather than broad market indexes. Conclusion Bitwise’s Hyperliquid ETF reaching $62.9 million in AUM marks a significant achievement in the crypto ETF space. With strong inflows, healthy trading volumes, and a clear lead over competitors, BHYP demonstrates that targeted, single-asset ETFs can attract meaningful investor interest. The fund’s performance will be closely watched as a bellwether for future product launches in the sector. FAQs Q1: What is the Bitwise Hyperliquid ETF (BHYP)? BHYP is an exchange-traded fund managed by Bitwise Asset Management that provides regulated exposure to the Hyperliquid (HYPE) token. It trades on a major U.S. exchange and is designed for both institutional and retail investors. Q2: Why is the $62.9 million AUM milestone significant? This AUM figure makes BHYP the largest HYPE ETF globally, surpassing all competing products. It signals strong investor confidence and validates the demand for regulated crypto ETF products beyond Bitcoin and Ethereum. Q3: How does BHYP compare to other crypto ETFs? While most crypto ETFs track broad indexes or major assets like Bitcoin, BHYP offers targeted exposure to the Hyperliquid ecosystem. Its $56.9 million in net inflows and $19.8 million average daily trading volume demonstrate competitive liquidity and investor interest. This post Bitwise Hyperliquid ETF Surpasses $62.9M in AUM, Becomes Largest HYPE Fund Globally first appeared on BitcoinWorld .

28 May 2026, 03:00

Bitcoin Pulls Back, But Futures Traders Turn Bullish: Long Squeeze Setup?

Data shows the Bitcoin Funding Rate for the perpetual futures market has turned positive recently, a sign that bullish positions are dominating. Bitcoin Funding Rates Have Been Green Recently In a new post on X, analytics firm Glassnode has discussed the latest trend in the Bitcoin Funding Rate. This metric measures the average amount of periodic fees that perpetual futures traders are paying each other on the various centralized exchanges right now. Related Reading: Chainlink Whales Are Accumulating: Wallets Hit New All-Time High When the value of this indicator is positive, it means long contract holders are paying a premium to the short investors. Such a trend implies a bullish sentiment is dominant in the market. On the other hand, the metric being below zero suggests a bearish mentality may be shared by the majority of futures market traders, as shorts are outweighing the longs. Now, here is the chart shared by Glassnode that shows the trend in the Bitcoin Funding Rate over the last few months: As displayed in the above graph, the Bitcoin Funding Rate dipped into the negative territory as the cryptocurrency recovered during April and the first half of May. April in particular saw significant negative spikes in the indicator, implying a heavy bias toward short positioning. Since these bets went against the price trend, they ended up getting liquidated as the cryptocurrency marched higher. The market bias began to shift in mid-May, with the average Funding Rate reversing into the green zone. Today, the indicator is sitting at a notable positive level, suggesting that investors are betting on a bullish outcome for the cryptocurrency. Interestingly, this bias toward long positions has been maintained despite the fact that Bitcoin has retraced some of its recovery. One pullback has come in the last 24 hours, and since there has been an excess of long positions, a significant amount of liquidations related to them have followed, according to data from CoinGlass. From the above heatmap, it’s visible that Bitcoin-related positions have suffered a total of $104 million in liquidations over the past day. Out of these, more than $85 million of the contracts involved have been bullish bets. Related Reading: Render Jumps 30% As Key On-Chain Metrics Break Out If the current market trajectory continues in the near future, it’s possible that more long liquidations could follow, considering the current high value on the Funding Rate. A sharp enough decline could even trigger a long squeeze, a volatile event where a cascade of bullish liquidations is unleashed. It only remains to be seen, though, how the market will develop. BTC Price Bitcoin is back at the $75,900 mark following its latest pullback. Featured image from Dall-E, chart from TradingView.com

28 May 2026, 02:31

Bitcoin Price Extends Decline Rapidly As Key Supports Collapse

Bitcoin price started a fresh decline below the $75,500 zone. BTC is consolidating and might struggle to stay above the $74,000 support. Bitcoin failed to stay above $76,000 and extended losses. The price is trading below $75,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $74,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $75,000 and $75,500 levels. Bitcoin Price Dips Further Bitcoin price failed to stay above the $76,200 support zone . BTC remained in a bearish zone and extended losses below the $75,800 level. There was a move below the $75,500 level. The price even dipped below $75,000. A low was formed at $74,050 and the price is now consolidating losses. It is still struggling below the 23.6% Fib retracement level of the downward move from the $77,810 swing high to the $74,050 low. Bitcoin is now trading below $75,000 and the 100 hourly simple moving average . If the price remains stable above $74,000, it could attempt a fresh increase. Immediate resistance is near the $74,800 level. There is also a bearish trend line forming with resistance at $74,850 on the hourly chart of the BTC/USD pair. The first key resistance is near the $75,500 level. A close above the $75,500 resistance might send the price further higher. In the stated case, the price could rise and test the $75,950 resistance or the 50% Fib retracement level of the downward move from the $77,810 swing high to the $74,050 low. Any more gains might send the price toward the $76,400 level. The next barrier for the bulls could be $77,800. More Losses In BTC? If Bitcoin fails to rise above the $75,950 resistance zone, it could start another decline. Immediate support is near the $74,000 level. The first major support is near the $73,500 level. The next support is now near the $73,200 zone. Any more losses might send the price toward the $72,000 support in the near term. The main support now sits at $70,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $74,000, followed by $73,500. Major Resistance Levels – $74,850 and $75,950.

28 May 2026, 02:30

Dollar Holds Steady as US-Iran Talks Intensify; Australian Dollar Slides on Weak CPI

BitcoinWorld Dollar Holds Steady as US-Iran Talks Intensify; Australian Dollar Slides on Weak CPI The US dollar traded in a narrow range on Wednesday as market participants closely monitored diplomatic developments between the United States and Iran, while the Australian dollar weakened following softer-than-expected inflation data that reinforced expectations of a potential rate cut by the Reserve Bank of Australia. US Dollar Steady Amid Geopolitical Uncertainty The dollar index, which measures the greenback against a basket of six major currencies, remained largely unchanged during the Asian and early European trading sessions. Traders adopted a cautious stance as US and Iranian officials held indirect talks in Oman, marking the first high-level diplomatic engagement between the two nations in years. The discussions, mediated by Omani officials, focus on Iran’s nuclear program and the potential for easing sanctions. Market analysts noted that any breakthrough in negotiations could reduce geopolitical risk premiums, potentially weighing on safe-haven demand for the dollar. Conversely, a breakdown in talks could reignite tensions in the Middle East, supporting the greenback as a traditional safe haven. The lack of clear direction reflected the uncertainty surrounding the outcome of the talks, with traders unwilling to place large directional bets. Australian Dollar Hit by Soft CPI Print The Australian dollar fell sharply against the US dollar and other major currencies after the Australian Bureau of Statistics reported that the monthly Consumer Price Index rose by just 2.4% year-on-year in March, below the 2.7% forecast and down from 2.9% in February. Core inflation, which excludes volatile items, also came in softer than expected, suggesting that price pressures are cooling faster than the RBA had anticipated. The data reinforced market expectations that the Reserve Bank of Australia may cut interest rates at its next policy meeting in May. Money markets now price in a 65% probability of a 25-basis-point rate cut, up from 45% before the CPI release. The Australian dollar fell to a session low of $0.6370, down 0.6% on the day, before stabilizing slightly above that level. Implications for Traders and Investors For forex traders, the divergence between the US dollar’s resilience and the Australian dollar’s weakness highlights the importance of monitoring both geopolitical developments and domestic economic data. The US-Iran talks remain a wild card for the dollar, while the RBA’s policy trajectory is now heavily influenced by the inflation outlook. Investors should watch for further diplomatic updates and upcoming US economic data, including the Federal Reserve’s preferred inflation gauge, the core PCE index, due later this week. Conclusion The US dollar’s flat performance reflects a market in wait-and-see mode, with the outcome of US-Iran talks likely to dictate near-term direction. Meanwhile, the Australian dollar’s decline on soft CPI data underscores the growing pressure on the RBA to ease monetary policy. Traders should remain alert to both geopolitical shifts and economic releases that could trigger sharper moves in the days ahead. FAQs Q1: Why did the Australian dollar fall after the CPI data? The softer-than-expected CPI reading increased market expectations that the Reserve Bank of Australia will cut interest rates, which typically weakens a currency by reducing its yield attractiveness. Q2: How could the US-Iran talks affect the US dollar? A successful diplomatic outcome could reduce safe-haven demand for the dollar, potentially weakening it. Conversely, a failure to reach agreement could increase geopolitical tensions and support the dollar as a safe haven. Q3: What should forex traders watch next? Traders should monitor official statements from the US-Iran talks, upcoming US core PCE inflation data, and any forward guidance from RBA officials regarding the May rate decision. This post Dollar Holds Steady as US-Iran Talks Intensify; Australian Dollar Slides on Weak CPI first appeared on BitcoinWorld .

28 May 2026, 02:26

BTC Volume Collapse Echoes Setup Before 2023 Bullish Recovery

BTC spot volume has plunged across major exchanges, reviving comparisons with the late-stage bear market conditions that preceded the 2023 recovery. Binance activity fell from $198.6 billion to $36.4 billion, part of a broad market slowdown. Volume Collapse Revives 2023 Bitcoin Cycle Comparison On-chain and market data analytics platform Cryptoquant shared an insight on May