Invest ideasNews
18 May 2026, 05:15
Upbit to Halt SEI Deposits and Withdrawals for Network Upgrade
BitcoinWorld Upbit to Halt SEI Deposits and Withdrawals for Network Upgrade South Korean cryptocurrency exchange Upbit has announced a temporary suspension of deposits and withdrawals for Sei (SEI), a blockchain network focused on high-speed trading. The halt, scheduled to begin at 9:00 a.m. UTC on May 19, is being implemented to support an upcoming network upgrade. Why the Suspension Matters Network upgrades are routine but critical events for blockchain networks. They often introduce new features, improve security, or enhance scalability. During such upgrades, exchanges typically suspend token movements to prevent transaction failures or loss of funds. For SEI holders on Upbit, this means no deposits or withdrawals will be processed during the maintenance window. Timeline and Key Details According to Upbit’s official notice, the suspension will take effect at 9:00 a.m. UTC on May 19. The exchange has not yet specified an exact end time for the maintenance, advising users to monitor further announcements. Trading of SEI on the platform may continue during the suspension, but users will not be able to move tokens in or out of their Upbit wallets. What SEI Holders Should Do Users who need to transfer SEI tokens before the suspension should complete their transactions before the deadline. After the upgrade is completed, Upbit will resume normal deposit and withdrawal services, likely with a separate announcement. It is advisable to check Upbit’s official channels for real-time updates. Conclusion The temporary suspension of SEI deposits and withdrawals on Upbit is a standard operational measure to ensure a smooth network upgrade. While the halt may cause minor inconvenience, it is designed to protect user assets and maintain network integrity. SEI holders should plan accordingly and stay informed through Upbit’s official communications. FAQs Q1: Will SEI trading be affected during the suspension? Upbit has not indicated that SEI trading will be halted. The suspension applies only to deposits and withdrawals. Users may still be able to buy, sell, or trade SEI on the platform. Q2: How long will the suspension last? Upbit has not provided a specific end time. The suspension will remain in effect until the network upgrade is completed and the exchange confirms the network is stable. Users should watch for a follow-up announcement. Q3: Is this suspension related to a security issue? No. The suspension is a routine measure to support a scheduled network upgrade. There is no indication of a security breach or vulnerability. Upbit regularly performs such maintenance to ensure platform reliability. This post Upbit to Halt SEI Deposits and Withdrawals for Network Upgrade first appeared on BitcoinWorld .
18 May 2026, 05:10
Solana Whale Sells $1.85M in SOL at a Loss After Two-Year Hold
BitcoinWorld Solana Whale Sells $1.85M in SOL at a Loss After Two-Year Hold An anonymous Solana wallet address has sold a significant portion of its holdings after a two-year period, resulting in a realized loss of over $1 million. The transaction, flagged by blockchain analytics firm Lookonchain, highlights the risks of long-term holding even for major cryptocurrencies. The Transaction Details According to Lookonchain, the wallet address starting with GyBRmk deposited 21,911 SOL—worth approximately $1.85 million—to the Binance exchange roughly two hours before the report. Such deposits are typically interpreted as a precursor to selling. The wallet originally accumulated 20,200 SOL about two years ago at an average price of $144 per token. While the address earned 1,711 SOL (valued at roughly $145,000) through staking rewards, the sale price was significantly lower than the cost basis, leading to an estimated trading loss of $1.05 million. Implications for Long-Term Holders This case serves as a stark reminder that even with staking rewards, market timing and price volatility can erase gains. The Solana network has experienced significant price swings over the past two years, influenced by broader market trends, network outages, and regulatory developments. The decision to sell at a loss may reflect a strategic shift by the holder, possibly driven by liquidity needs, tax considerations, or a change in conviction about Solana’s near-term prospects. Market Context Solana’s price has struggled to reclaim its all-time highs, trading well below the $144 average purchase price for extended periods. While the network has shown resilience with increased developer activity and ecosystem growth, the token’s price performance has lagged behind some peers. This transaction underscores the challenges faced by holders who accumulated during peak market cycles. Conclusion The sale of 21,911 SOL at a loss by a long-term holder is a notable event that adds to the ongoing narrative of profit-taking and loss realization in the crypto market. While staking provides a yield, it does not guarantee profitability against a declining asset price. This case offers a real-world example of the risks inherent in cryptocurrency investing, even for those who practice long-term holding strategies. FAQs Q1: What is a ‘whale’ in cryptocurrency? A ‘whale’ is an individual or entity that holds a large amount of a particular cryptocurrency, enough to potentially influence market prices through large trades. Q2: How can staking rewards still lead to a loss? Staking rewards add to the total amount of tokens held, but if the market price of the token falls significantly below the average purchase price, the overall portfolio value can still decline, resulting in a net loss when sold. Q3: What does depositing to Binance typically indicate? Depositing cryptocurrency to an exchange like Binance is often seen as a step toward selling, as exchanges provide the liquidity to execute large market orders. However, it does not guarantee an immediate sale; the holder may also be moving funds for other reasons. This post Solana Whale Sells $1.85M in SOL at a Loss After Two-Year Hold first appeared on BitcoinWorld .
18 May 2026, 05:06
Analysts debate whether Bitcoin is in a ‘sell in May’ bear market setup
Some analysts argue that a comparatively broadened, institutionalized buyer base for crypto today may prevent a repeat of the drawdowns seen in May 2018 and May 2022.
18 May 2026, 05:05
LD Capital Founder Jack Yi Warns of Imminent Major Crypto Correction, Cites Structural Market Fears
BitcoinWorld LD Capital Founder Jack Yi Warns of Imminent Major Crypto Correction, Cites Structural Market Fears Jack Yi, the founder of cryptocurrency investment firm LD Capital, has issued a stark warning to the market, predicting an imminent and significant correction that could test the resolve of even the most seasoned investors. In a statement on social media platform X, Yi advised traders to prepare for buying opportunities on dips rather than chasing recent highs, emphasizing that the core of successful investing lies in controlling greed and managing fear. A Looming ‘Fear Zone’ for Bitcoin and Altcoins Yi specifically cautioned that the market could soon enter what he described as the biggest ‘fear zone’ of the current cycle. He warned that investors who purchased Bitcoin at or near its recent all-time highs may be caught off guard by the severity of the impending downturn. ‘The essence of investing and trading lies in controlling greed and managing fear,’ Yi wrote, suggesting that the psychological toll on market participants could be substantial. His comments come at a time when Bitcoin has been trading in a volatile range, with many analysts divided on whether the bull run has further to go or if a top is already in. Structural Problems Weighing on Crypto Sentiment Beyond short-term price action, Yi pointed to several structural problems facing the cryptocurrency industry that are dampening long-term market sentiment. He argued that the industry is grappling with a diminished interest from the younger generation, who are increasingly drawn to other digital assets and opportunities. Furthermore, he noted that traditional capital is heavily pivoting toward the artificial intelligence (AI) sector, drawing investment away from crypto. The rise of celebrities engaging in short-term profit-taking, often through memecoins and other speculative projects, is also eroding credibility, according to Yi. Finally, he cited a general lack of meaningful innovation from major industry projects, which he believes is contributing to market fatigue. What This Means for Investors Yi’s warning serves as a critical reality check for a market that has been fueled by optimism and institutional adoption. If his prediction holds, the coming weeks could see heightened volatility, with sharp sell-offs presenting both risks and potential entry points for disciplined investors. The structural issues he identifies—particularly the competition for capital with AI and the waning interest from younger demographics—pose longer-term questions about the industry’s growth narrative. For now, his advice to wait for dips rather than chase peaks reflects a cautious, risk-averse stance that may resonate with traders looking to preserve capital in an uncertain environment. Conclusion Jack Yi’s warning from LD Capital underscores a growing sense of caution among some industry insiders. While the cryptocurrency market has shown remarkable resilience, the combination of technical overextension and fundamental structural challenges could trigger a significant correction. Investors would be wise to heed his call for patience and discipline, as the market may be entering a period of heightened fear and volatility. FAQs Q1: Who is Jack Yi? Jack Yi is the founder of LD Capital, a prominent cryptocurrency investment firm. He is known for his market analysis and trading insights. Q2: What is the ‘fear zone’ Jack Yi mentioned? The ‘fear zone’ refers to a period of intense market fear and selling pressure, often characterized by sharp price declines and high volatility. Yi predicts this will be the most significant such period of the current market cycle. Q3: What structural problems is the crypto industry facing according to Yi? Yi identified four key issues: diminished interest from younger generations, traditional capital shifting to AI, celebrities engaging in short-term profit-taking, and a lack of innovation from major crypto projects. This post LD Capital Founder Jack Yi Warns of Imminent Major Crypto Correction, Cites Structural Market Fears first appeared on BitcoinWorld .
18 May 2026, 05:01
HYPE pops 7%, beating bitcoin declines, as SpaceX pre-IPO lands on Hyperliquid
Hyperliquid's HYPE token rallied 7% over 24 hours after Trade.xyz launched the first pre-IPO perpetual market on the platform, offering synthetic exposure to SpaceX at a reference valuation of $1.78 trillion.
18 May 2026, 05:00
LBank Launches “Pizza Day Trading Bash” Futures Competition Ahead of Bitcoin Pizza Day
Singapore, Singapore, May 18th, 2026, Chainwire LBank , a leading global cryptocurrency exchange, has launched the “ Pizza Day Trading Bash ,” a futures trading competition inspired by Bitcoin Pizza Day, featuring a total prize pool of up to 80,000 USDT. The campaign is designed to encourage active participation in futures trading through a ranking-based competition model. The registration period for this campaign runs from May 15, 2026, 19:00 to May 31, 2026, 23:59 (SGT). The campaign adopts an “Overall Ranking” structure, where users are ranked based on their total futures trading volume as the core performance metric. This mechanism supports sustained trading activity throughout the entire competition period, thereby enhancing overall trading activity and ranking competitiveness. A key highlight of the campaign is its dynamic prize pool mechanism, where the reward scale expands in line with overall trading activity. The Overall Ranking prize pool starts at 10,000 USDT; at 1.5–3 billion USDT, it expands to 20,000 USDT; and at 3 billion USDT and above, it unlocks the full 80,000 USDT reward pool. This mechanism directly links market activity with reward scale, encouraging users to continuously increase trading participation. Notably, rewards are distributed through a tiered ranking mechanism covering users ranked from 1st to 50th place. 1st place receives a 17% reward share, followed by 11% for 2nd place and 8% for 3rd place, while the remaining rankings are allocated rewards based on different weighted tiers. To ensure fairness and trading quality, participants must also meet the minimum futures trading volume requirement corresponding to their ranking tier in order to qualify for rewards. LBank continues to expand its campaign ecosystem through a variety of diversified initiatives. Recent initiatives include the “Storage & Semiconductors Futures Trading Contest,” as well as joint campaigns with Nobody Sausage, TBC, and SHIB, among others. These ongoing activities reflect LBank’s continued focus on enhancing user engagement, expanding trading participation, and providing diversified incentive programs across different market themes. Looking ahead, LBank will continue to innovate in its derivatives products and user incentive programs, further expanding its campaign ecosystem across more market themes and trading scenarios. The platform aims to deliver more engaging, structured, and performance-driven trading experiences for global users, while strengthening liquidity, participation, and long-term ecosystem growth. About LBank Founded in 2015, LBank is a leading global cryptocurrency exchange serving over 20 million registered users in 160 countries and regions. With a daily trading volume exceeding $10.5 billion and 10 years of safety with zero security incidents, LBank is dedicated to providing a comprehensive and user-friendly trading experience. Through innovative trading solutions, the platform has enabled users to achieve average returns of over 130% on newly listed assets. LBank has listed over 300 mainstream coins and more than 50 high-potential gems. Ranked No. 1 in 100x Gems, Highest Gains, and Meme Share, LBank leads the market with the fastest altcoin listings, unmatched liquidity, and industry-first trading guarantees, making it the go-to platform for crypto investors worldwide. Users Can Follow LBank for Updates: Website: https://www.lbank.com/ Twitter: https://twitter.com/LBank_Exchange Telegram: https://t.me/LBank_en Instagram: https://www.instagram.com/lbank_exchange LinkedIn: https://www.linkedin.com/company/lbank For media requests, users can contact: Email: [email protected] ContactPR & Communications [email protected] Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
