hodler

23 May 2026, 01:58

Mark Cuban says Bitcoin betrayed its own ethos long before Iran war and current price is a ‘prop up’ by Saylor

Mark Cuban said the story around his Bitcoin (CRYPTO: BTC) sale was wrong, and he did not dump the asset because of the Iran war. As reported previously on Cryptopolitan, Mark offloaded 80 percent of his Bitcoin when its price dipped along with gold hitting $5,000, with which he claimed that this digital asset was indeed failing. The omitted information from the previous version is that the price of BTC surged by 16 percent ever since President Donald Trump’s war in Iran has started. Mark stated that he offloaded his coins before the start of this war and his prices for sales range from $88,000 to a minimum of $120,000, adding that “I follow the rule for stocks; I exit when my thesis is no longer relevant.” Mark Cuban says Bitcoin has betrayed its own basic ethos Mark said Bitcoin was sold for years as a hedge against broken money, central bank chaos, and economic crashes. Under that logic, Bitcoin has no business tracking stock markets’ price movements. “That’s not what btc was meant to be. At least not IMO,” Mark said. He also brought Michael Saylor into the argument. Michael’s company, Strategy (NASDAQ: MSTR), has become one of the biggest corporate Bitcoin buyers in the market. “And who knows how much of the price is Saylor propping it up,” Mark said. “Even the maxis haven’t been as loud. I’m not saying it goes to zero. I’m saying it’s whole value is built on supply and demand, with a little premium for payments.” Seven months ago, Bitcoin reached an all-time high of $126,000. The sentiment was positive. Many crypto traders felt that breaking $1 million is not only possible but rather preordained by the charts. Currently, Bitcoin trades at roughly $76,000, a fall of some 40% from its all-time highs. However, the long-term perspective does not paint a negative picture. Bitcoin increased from $10,000 in November 2017 to $100,000 in December 2024. It managed to spend over ten years climbing through crashes, scams, rate fluctuations, exchanges’ collapses, and thousands of “Bitcoin is dead” articles. The dip-buying crowd has history on its side. Bitcoin fell 64% in 2022, then came back with 156% gains in 2023 and 121% in 2024. Anyone who bought near $16,000 during the 2022 collapse later saw the price run to $126,000. Traders price in deeper Bitcoin losses as Nasdaq gets SEC approval for new BTC options index On Polymarket, Bitcoin has a 50% chance of falling to $55,000 this year, a 42% probability of falling to $50,000, and a 32% probability of reaching $45,000. It may fall as low as $25,000 with a probability of 8%, while there is also a possibility of increasing to $150,000 at a probability of 8%. Meanwhile, the US Securities and Exchange Commission just today approved Nasdaq (NASDAQ: NDAQ) to list Bitcoin index options. The contracts will give US equity traders another way to bet on Bitcoin without using options tied to spot Bitcoin ETFs, including the iShares Bitcoin Trust ETF (NASDAQ: IBIT) from BlackRock (NYSE: BLK). An accelerated approval has been granted by the Securities and Exchange Commission in an order issued Friday. This would mean that they will be cash settled options or the European style and hence early exercise would not be a concern for in-the-money contracts prior to expiration. It should be noted that the product is not yet tradable since the Commodity Futures Trading Commission must approve it finally before Nasdaq may list it. The underlying index for this product will be CME CF Bitcoin Real Time Index. This index collects pricing data from cryptocurrency exchanges every 200 milliseconds. It has to be mentioned that CME Group (NASDAQ: CME) had been offering options contracts for Bitcoin futures contracts since 2020. The difference lies in the fact that this would be within the equity market environment. The smartest crypto minds already read our newsletter. Want in? Join them .

23 May 2026, 01:55

ETH staking reaches 39.1 million as price drops 28%

🚨 ETH staking reaches 39.1 million as the price drops 28%. Staked ETH now makes up 32% of its total supply. Continue Reading: ETH staking reaches 39.1 million as price drops 28% The post ETH staking reaches 39.1 million as price drops 28% appeared first on COINTURK NEWS .

23 May 2026, 01:35

Whale Trader Who Profited $4.56M on HYPE Opens $74.5M Bitcoin Short

BitcoinWorld Whale Trader Who Profited $4.56M on HYPE Opens $74.5M Bitcoin Short A whale trader who recently closed profitable long positions on HYPE, ZEC, and ETH has opened a substantial short position against Bitcoin. According to on-chain data from Onchain Lens, the anonymous trader, identified by the handle Evaded (@ICanPlug), established a short worth $74.51 million, equivalent to approximately 990 BTC. The position is currently showing an unrealized profit of roughly $1 million. Background of the Trader’s Recent Moves Before initiating the Bitcoin short, Evaded closed out long positions in HYPE, ZEC, and ETH. These trades netted the whale a realized profit of $4.56 million. The decision to pivot from long positions in altcoins to a large short in Bitcoin signals a notable shift in market sentiment from this particular large-scale investor. On-chain analysts are closely watching the wallet for further activity, as moves of this magnitude can influence short-term market dynamics. Market Implications and Context Large short positions in Bitcoin, especially those exceeding $70 million, can indicate a bearish outlook from sophisticated traders. While the position is currently in profit, the volatility of Bitcoin means the trade’s outcome remains uncertain. The move comes amid a period of mixed sentiment in the broader cryptocurrency market, where traders are weighing macroeconomic factors against recent altcoin rallies. The whale’s previous success in HYPE, ZEC, and ETH adds weight to their current market bet, though past performance does not guarantee future results. What This Means for Retail Traders For everyday market participants, such large positions serve as a data point rather than a direct signal. Retail traders should avoid mimicking whale trades without their own analysis, as the timing and risk management of large-scale investors often differ significantly from individual strategies. The transparency of on-chain data, however, provides valuable insight into the behavior of major market players. Conclusion The opening of a $74.5 million Bitcoin short by a trader who recently booked $4.56 million in profits from altcoin longs represents a notable development in the crypto derivatives market. While the position is currently profitable, the outcome will depend on Bitcoin’s price action in the coming days. This event underscores the importance of on-chain analytics for tracking institutional and whale-level trading activity. FAQs Q1: Who is the trader Evaded (@ICanPlug)? The trader is an anonymous cryptocurrency whale whose on-chain activity is tracked by platforms like Onchain Lens. Their real identity is unknown, but their wallet address is publicly visible on the blockchain. Q2: How was the $74.5 million Bitcoin short position identified? The position was detected by Onchain Lens, a blockchain analytics service that monitors large wallet transactions and derivatives positions on decentralized and centralized exchanges. Q3: Is this short position likely to affect Bitcoin’s price? While a single large short position can influence market sentiment, Bitcoin’s price is determined by a vast array of factors including overall market liquidity, macroeconomic news, and trading volume from millions of participants. The position is notable but not necessarily market-moving on its own. This post Whale Trader Who Profited $4.56M on HYPE Opens $74.5M Bitcoin Short first appeared on BitcoinWorld .

23 May 2026, 01:25

MSX Launches Deposit Cashback Event for On-Chain US Stock Investors

BitcoinWorld MSX Launches Deposit Cashback Event for On-Chain US Stock Investors MSX, a leading platform for real-world asset (RWA) tokenization, has announced a deposit cashback event aimed at investors trading on-chain U.S. stocks. The promotion, running from 2:00 p.m. UTC on May 22 to 9:59 p.m. UTC on May 31, offers rewards from a 10,000 USDT prize pool to new users who meet specific deposit and trading requirements. Event Details and Eligibility New users of the MSX platform must complete a net deposit and execute at least one trade involving tokenized real-world assets (RWAs) to qualify for the cashback. The maximum reward per individual is capped at 300 USDT, and the event will conclude once the entire prize pool is exhausted. This structure incentivizes early participation and active trading within the promotional period. Context and Industry Implications MSX’s initiative comes amid a broader push within the cryptocurrency sector to bridge traditional financial markets with blockchain technology. By tokenizing U.S. stocks, platforms like MSX allow investors to gain exposure to equities without leaving the crypto ecosystem, offering potential benefits such as 24/7 trading and fractional ownership. This cashback event is a strategic move to attract new users and increase trading volume, highlighting the growing competition among RWA platforms to capture market share. Why This Matters for Investors For investors, this event provides a direct financial incentive to explore on-chain stock trading. The relatively low barrier to entry—requiring only a deposit and a single trade—makes it accessible for newcomers. However, participants should be aware of the time-limited nature of the promotion and the need to act quickly before the prize pool is depleted. The event also signals MSX’s commitment to expanding its user base and solidifying its position in the RWA tokenization space. Conclusion MSX’s deposit cashback event represents a targeted effort to drive adoption of on-chain U.S. stock trading. By offering tangible rewards, the platform aims to attract new investors and demonstrate the value of tokenized assets. As the RWA sector continues to evolve, such promotions may become more common, offering both opportunities and risks for participants. FAQs Q1: What is MSX? MSX is a platform that specializes in tokenizing real-world assets (RWAs), including U.S. stocks, allowing them to be traded on blockchain networks. Q2: How do I qualify for the cashback? New users must make a net deposit and complete at least one RWA trade during the event period. The reward is based on the deposit amount and is distributed from the 10,000 USDT pool. Q3: When does the event end? The event runs from 2:00 p.m. UTC on May 22 to 9:59 p.m. UTC on May 31, or until the prize pool is fully claimed, whichever comes first. This post MSX Launches Deposit Cashback Event for On-Chain US Stock Investors first appeared on BitcoinWorld .

23 May 2026, 01:23

How is Qualcomm the best-performing chip stock right now, with over 40% gain this week?

Qualcomm (NASDAQ: QCOM) has become the loudest name in the chip trade this week, surging by 12% on Friday to make it a 40.3% rally for the week, and is now up about 75% over the past month, breaking all-time highs after all-time highs. Meanwhile, the iShares Semiconductor ETF (SOXX) hit its first intraday record since May 11 on Friday, according to data from Yahoo Finance. That came after a three-day rally, which followed a three-day drop that started late last week. Qualcomm uses phones, glasses, cars, and robots to chase the physical AI trade To be perfectly clear, Qualcomm is not beating Nvidia (NASDAQ: NVDA) in the giant AI training-chip race. Nvidia still owns the main stage for GPUs used in big AI systems and cloud workloads, but Qualcomm is using its phone-chip power to get deeper into devices that run AI close to the user. That is where the “physical AI” story comes in. The company’s chips are being tied to devices people can hold, wear, drive, or put inside machines like smartphones, eyeglasses, cars, robots, and PCs. More companies now want AI to work directly on devices, an area is often called edge AI. Qualcomm is already tied to Microsoft (NASDAQ: MSFT) Surface PCs, plus smart glasses from Google parent Alphabet (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META). Its Arm-based chips also give device makers a lower-power option compared with processors from Intel (NASDAQ: INTC) and Advanced Micro Devices (NASDAQ: AMD). OpenAI is also reportedly working with Qualcomm on an AI chip for a coming device that could run AI agents. Qualcomm also has new data center chips coming. The company announced the AI200 and AI250 last year. These are custom AI accelerators, not normal phone chips. They are meant to be more programmable than the GPUs that Nvidia has used to dominate AI workloads so far. The chips are expected to arrive later this year in a full rack-scale system, similar in format to Nvidia’s Vera Rubin setup and AMD’s coming Helios system. Trump’s quantum funding plan puts Qualcomm inside another risky government-backed trade Qualcomm is also part of the quantum computing story, which is getting more attention after the Trump administration backed a major federal funding plan for the sector. The U.S. government plans to put $2 billion into nine quantum computing companies through funding drawn from the CHIPS and Science Act, as Cryptopolitan previously reported. Qualcomm secured $100 million from the quantum funding pool. The law was passed by Congress and signed by former President Joe Biden in 2022, but the awards are now being handled under Trump’s administration, using congressionally approved money in a way that is legally risky. The company also has an AI research lab working on the link between quantum computing and artificial intelligence. One recent paper, titled The Hintons in your Neural Network: a Quantum Field Theory View of Deep Learning , said researchers “develop a quantum field theory formalism for deep learning” using Gaussian states to represent input signals. Precedence Research expects the quantum computing market to grow from $10.13 billion in 2022 to $125 billion by 2030, with a 36.9% compound annual growth rate. McKinsey has called quantum computing “one of the next big trends” in technology and estimates quantum technology could create about $1.3 trillion in value by 2035. McKinsey also expects only about 5,000 operational quantum computers by 2030, while the hardware and software needed for the hardest problems may not arrive until 2035 or later. The smartest crypto minds already read our newsletter. Want in? Join them .

23 May 2026, 00:40

SEC Approves Nasdaq Listing of Bitcoin Price-Based Index Options

BitcoinWorld SEC Approves Nasdaq Listing of Bitcoin Price-Based Index Options The U.S. Securities and Exchange Commission (SEC) has approved the listing of Bitcoin price-based index options on the Nasdaq exchange, marking a significant expansion of regulated cryptocurrency derivatives available to American investors. The approval, reported by Bloomberg on [date], allows Nasdaq to offer options contracts tied to a Bitcoin price index, giving traders a new tool to hedge or speculate on the digital asset’s price movements without directly owning it. What the Approval Means for Investors This decision extends beyond the existing options market for spot Bitcoin exchange-traded funds (ETFs). While investors can already trade options on products like the iShares Bitcoin Trust (IBIT), the new index options will track a broader Bitcoin price benchmark rather than a single fund’s performance. This distinction offers potentially tighter correlation to the underlying asset and greater flexibility for institutional and retail traders alike. The SEC’s greenlight signals a measured but continuing embrace of crypto-linked financial products under the current regulatory framework. Nasdaq will now work to finalize listing details, including contract specifications, trading hours, and margin requirements, before the products go live. Regulatory Context and Market Impact The approval follows a series of SEC decisions that have gradually opened the door to crypto-based securities. In January 2024, the commission approved spot Bitcoin ETFs, and later that year, it authorized options trading on those ETFs. The addition of Bitcoin index options represents a further maturation of the market, providing sophisticated hedging instruments that are standard in traditional finance. Industry observers note that the SEC’s willingness to approve these products reflects growing regulatory comfort with Bitcoin’s market structure and surveillance mechanisms. However, the commission continues to signal caution through its enforcement actions against unregistered crypto platforms and tokens. Why This Matters to Traders For U.S. stock investors, Bitcoin index options offer a regulated, exchange-traded way to gain exposure to Bitcoin price movements. Unlike futures contracts, options give the buyer the right—but not the obligation—to buy or sell the underlying index at a predetermined price, offering defined risk profiles. This product type is particularly attractive for portfolio hedging, yield generation, and directional bets on Bitcoin volatility. The listing on Nasdaq also means these options will be subject to standard exchange oversight, including position limits, real-time surveillance, and clearinghouse guarantees—features that reduce counterparty risk compared to over-the-counter crypto derivatives. Conclusion The SEC’s approval of Bitcoin price-based index options on Nasdaq represents a notable step forward in integrating digital assets into the mainstream U.S. capital markets. While the timeline for actual trading remains uncertain pending Nasdaq’s operational preparations, the decision underscores the gradual normalization of cryptocurrency as an asset class within regulated financial infrastructure. Investors should monitor further announcements from Nasdaq regarding launch dates and contract terms. FAQs Q1: How are Bitcoin index options different from Bitcoin ETF options? Bitcoin index options track a broad Bitcoin price index, providing exposure directly to the asset’s price. Bitcoin ETF options, by contrast, track the performance of a specific ETF, which may include management fees, tracking error, and fund structure considerations. Index options generally offer more direct correlation to Bitcoin’s spot price. Q2: When will these options be available for trading? The exact launch date has not been announced. Nasdaq must still finalize contract specifications, obtain necessary approvals from other regulators, and complete system readiness testing. Trading is expected to begin in the coming months. Q3: Are these options available to retail investors? Yes, the options will be listed on Nasdaq, a U.S. national securities exchange, making them accessible to any investor with a brokerage account that offers options trading. Standard options approval levels and margin requirements will apply. This post SEC Approves Nasdaq Listing of Bitcoin Price-Based Index Options first appeared on BitcoinWorld .