Invest ideasNews
2 May 2026, 09:47
Ethereum Foundation sells 10,000 ETH for $22.9 million
🚨 The Ethereum Foundation sold 10,000 ETH to BitMine for $22.9 million. BitMine’s ETH holdings surged to nearly 5 million coins as 101,901 ETH was added. Continue Reading: Ethereum Foundation sells 10,000 ETH for $22.9 million The post Ethereum Foundation sells 10,000 ETH for $22.9 million appeared first on COINTURK NEWS .
2 May 2026, 09:36
Bitcoin Rainbow Chart predicts BTC price for May 31, 2026
The Bitcoin ( BTC ) Rainbow Chart is suggesting that the cryptocurrency could trade between roughly $59,136 and $491,369 by May 31, 2026, depending on market sentiment and the strength of the cycle. Notably, the chart is a logarithmic Bitcoin valuation model that uses colored bands to reflect market sentiment, from undervaluation to bubble territory, based on historical price cycles. In this regard, data from the Rainbow Chart model places Bitcoin’s ‘Basically a Fire Sale’ band at $59,136.27 by May 31, representing the lower end of the valuation spectrum often associated with deep undervaluation and extreme market fear. The ‘BUY!’ zone is projected at $79,604.13, while the ‘Accumulate’ band stands at $102,629.18. Higher on the scale, the ‘Still cheap’ range is estimated at $132,354.81, followed by the ‘HODL!’ level at $173,035.96. The chart’s midpoint speculative region, labeled ‘Is this a bubble?’, is projected at $220,071.10. Bitcoin Rainbow chart. Source: BlockhainCenter In more aggressive bullish territory, the ‘FOMO intensifies’ band is forecast at $281,540.58, while the ‘Sell. Seriously, SELL!’ zone reaches $365,907.48. At the top of the spectrum, the ‘Maximum Bubble Territory’ level is projected at $491,369.35. Bitcoin’s possible price target As of May 2, Bitcoin was trading around $78,200, placing the asset near the lower-middle portion of the Rainbow Chart bands. Based on the May 31, 2026, projections, a move from the current price toward the ‘BUY!’ band at about $79,604 would imply relatively flat growth over the next year. However, if Bitcoin advances into the ‘Accumulate’ or ‘Still cheap’ zones, the asset could trade between roughly $102,000 and $132,000 by that date. Under a stronger bullish cycle, the model suggests Bitcoin may climb above $173,000 into the ‘HODL!’ region, while a highly speculative market phase could potentially push prices beyond $220,000 and toward the upper ‘FOMO intensifies’ or ‘Sell’ territories. Bitcoin price analysis By press time, Bitcoin was trading at $78,140, up about 1.3% in the past 24 hours. On the weekly timeframe, BTC had gained roughly 0.77%. Bitcoin seven-day price chart. Source: Finbold At the current price, Bitcoin remains above its 50-day simple moving average ( SMA ) of $72,359, a sign that short-term momentum continues to support the broader uptrend. However, the asset is still trading below the 200-day SMA at $84,046, suggesting Bitcoin has yet to fully reclaim its longer-term bullish structure. Meanwhile, the 14-day RSI stood at 60.88, indicating neutral-to-bullish momentum. The reading suggests buying pressure remains intact without Bitcoin entering overbought territory, leaving room for additional upside if momentum strengthens. The post Bitcoin Rainbow Chart predicts BTC price for May 31, 2026 appeared first on Finbold .
2 May 2026, 09:34
FLOKI Technical Analysis May 2, 2026: Market Commentary, Support, Resistance, and Price Targets
FLOKI is consolidating around $0.000215 in a sideways trend, with RSI neutral and MACD balancing at zero. While Bitcoin's sideways movement continues the pressure on altcoins, $0.000195 support and...
2 May 2026, 09:24
Grinex to repay 1B ruble in client losses after hack
The recently hacked cryptocurrency exchange Grinex intends to compensate customers for stolen assets worth over a billion Russian rubles. The Kyrgyzstan-based coin trading platform is best known for helping Russia circumvent Western sanctions imposed over its invasion of Ukraine. Grinex promises compensation for those affected by massive hack The largest exchange in the Russian-speaking segment of the crypto market, Grinex, has decided to pay clients for assets lost in a hacking attack last month. The Kyrgyz-registered platform was breached in mid-April with the unknown perpetrators draining an estimated 1 billion rubles’ worth of cryptocurrency. The funds, currently worth over $13 million, remain in wallets controlled by the attackers, representatives of the exchange told the leading Russian crypto news outlet Bits.media on Friday. While the digital coins are not available for immediate return, they have been already marked as “stolen” by international anti-money laundering services, they emphasized. Russian police have opened an investigation into the case. The exchange shared all gathered information with law enforcement in Russia, where most of its clients reside. The hackers withdrew Tether (USDT) from 54 addresses, most of which on the Tron network, and transferred them to two wallets on the same blockchain, according to the AML analytics firm CoinKit. The assets, valued at $13 to $15 million at the time, were then converted to Tron tokens (TRX) through the decentralized platform SunSwap (Sun.io). They were eventually consolidated into a single address – TH9kgjfrKeTNeyXtDKvxCXZ1dVKr7neKVa – the report further detailed. Grinex offers customers to first withdraw A7A5 stablecoins The exchange halted all deposits and withdrawals on its Grinex.io website when it discovered the breach, initially posting on Telegram it’s “experiencing a technical break” late on April 15. In a statement published Thursday, it announced its intention “to work on compensating users” for the assets stolen in the attack, which it described as “prolonged, complex, and highly technical.” Affected clients will be able to first withdraw holdings in A7A5, the ruble-pegged stablecoin believed to have processed over $100 billion in transactions since its launch in early 2025. The crypto trading platform admitted the funds “have been consolidated in the attackers’ public wallet and are inaccessible for recovery” but emphasized: “Grinex management has made a strategic decision to compensate for the stolen assets and to raise funds for this. The team is working to restore the infrastructure and is developing mechanisms for future compensation. The first step will be the withdrawal of the ruble stablecoin A7A5.” “Finding ways to compensate clients remains our absolute priority,” a spokesperson stressed, adding the company is collaborating with leading experts in the fields of blockchain forensics and cybersecurity. The exchange also said it considers the hack an “unprecedented” example of a hybrid attack, combining infrastructure hacking and theft of funds. It further noted that the case represents a new stage in attempts to influence Russia’s emerging crypto industry. The country prepares to regulate its digital-asset market by the summer. Grinex set to continue to play its role in sanctions evasion In another Telegram post on April 16, Grinex alleged it had been hit by “Western intelligence agencies.” The claim was disputed by analysts at the compliance platform BitOK. Grinex was established in Kyrgyzstan last spring as the successor of the Russian exchange Garantex, which was busted in a U.S.-led operation in March 2025. It is the main trading platform for A7A5, the largest non-dollar stablecoin, believed to be widely used by Russian players to bypass international financial restrictions. Grinex, as well as a number of entities related to the ruble-denominated cryptocurrency, have been targeted in sanctions by the U.S., the EU, and the U.K. These include the Russian company A7, the coin’s alleged creator, and the Kyrgyzstan-incorporated Old Vector, its current issuer. Powerful oligarchs and state-owned Russian banks have been profiting from the schemes designed to evade sanctions imposed by the West, as recently reported by Cryptopolitan. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
2 May 2026, 09:21
SNX price prediction 2026-2032: Is SNX a good investment?
Key takeaways : The average SNX price prediction for 2026 is $0.560931. In 2028, it will range between $0.99721 and $1.18, with an average price of $1.09. In 2032, it will range between $2.24 and $2.43, with an average price of $2.34. SNX is the native token for the Synthetix Network and is used for governance. It is listed on top exchanges like Binance, Uniswap, Coinbase, OKX, and Bybit. Synthetic is a decentralized protocol that allows you to create and transact synthetic tokens on the Ethereum blockchain. Is SNX a good investment? Will it go up? Where will it be in five years? Let’s get into the SNX price prediction and technical analysis. Overview Cryptocurrency Synthetix Abbreviation SNX Current Price $0.311 (-0.13%) Market Cap $107.01M Trading Volume (24-hour) $7.4M Circulating Supply 344.93M SNX All-time High $28.77 (Feb 14, 2021) All-time Low $0.03258 (Jan 5, 2019) 24-hour High $0.3135 24-hour Low $0.3078 SNX price prediction: Technical analysis Metric Value Price Prediction $0.3184 (2.26%) Fear & Greed Index 26 (Fear) Market Sentiment Neutral Volatility 3.77% (Medium) Green Days 15/30 (50%) 50-Day SMA $0.2982 200-Day SMA $0.5195 14-Day RSI 49.89 (Neutral) Synthetix price analysis TL;DR Breakdown: Synthetix coin price analysis confirmed a mixed trend, with the price set at $0.311. The altcoin lost 0.13% in the last 24 hours. SNX coin faces resistance around $0.322. On May 2, 2026, Synthetix price analysis reveals a mixed trend, as the altcoin’s price recovers to $0.311 over the day. Overall, the cryptocurrency is still in a loss of 0.13% for the last 24 hours, despite following two days of continuous recovery, as it recovered yesterday as well. However, resistance is also present at $0.322, which may hinder the recovering price. SNX/USD 1-day chart analysis The one-day chart for Synthetix (SNX) reflects a mixed trend following recent recoveries; however, the market has yet to shift into a fully buyer-dominated phase. The token has registered minimal losses of 0.13% for the last 24 hours, despite the fact that the altcoin is recovering, as it has increased to $0.311 today. A new green candlestick on the price chart highlights the presence of bullish elements. The distance between the Bollinger Bands defines the intensity of volatility. This distance is slowly shrinking, leading to mild volatility at the moment. Currently, the upper limit of the Bollinger Bands indicator, indicating resistance, sits at $0.322. Meanwhile, its lower limit, serving as support, has moved to $0.283. SNX/USD 1-day price chart. Source: TradingView The Relative Strength Index (RSI) indicator curve is trending in the neutral area, currently at 54. This situation suggests that buyers are currently controlling the momentum, and bullish pressure might increase if they continue to lead as the coin gains value. SNX/USD 4-hour chart analysis The four-hour price analysis of Synthetix Coin also signals buying interest for the coin at the current price level. The SNX/USD price significantly increased to $0.311 after going through a recovery in the last four hours. The volatility levels are low on the 4-hour chart, suggesting a low probability of an upcoming reversal or further price appreciation. The upper Bollinger Band has shifted to $0.319, indicating a resistance level. The lower Bollinger Band has moved to $0.301, showing the support level. Overall, the indicator suggests a narrow price range for the token. SNX/USD 4-hour price chart. Source: TradingView The RSI indicator is in the upper neutral region. Its value increased to 51 over the past four hours. The upward curve on the RSI graph reflects a positive market sentiment. The bulls have been dominating the price chart for the past few hours, and this trend has also resulted in a relatively balanced trading setup for intraday traders for the time being. SNX technical indicators: Levels and action Daily simple moving averages Period Value ($) Action SMA 3 0.3083 BUY SMA 5 0.3125 SELL SMA 10 0.3057 BUY SMA 21 0.2996 BUY SMA 50 0.2982 BUY SMA 100 0.3200 SELL SMA 200 0.5195 SELL Daily exponential moving averages Period Value ($) Action EMA 3 0.3063 BUY EMA 5 0.3075 BUY EMA 10 0.3059 BUY EMA 21 0.3019 BUY EMA 50 0.3063 SELL EMA 100 0.3486 SELL EMA 200 0.4506 SELL What can we expect from the SNX price analysis next? Synthetix Coin price analysis shows a mixed trend regarding current market events. The coin’s price has been trending near $0.311 for the last 24 hours. If the buying momentum continues, the SNX price might retest resistance at the $0.322 level. Conversely, if selling pressure overwhelms, the altcoin may again plunge to the $0.280 level. Is SNX a good investment? The Synthetix rebranding in 2018 rejuvenated the ecosystem, which has grown continually with multiple listed synths. Despite concerns over the stability of its stablecoins, SNX, the native token, is set to mark new records, as seen in Cryptopolitan’s SNX price predictions from 2026 to 2032. It is expected that SNX will reach $1.81 by 2030. Why is SNX down? The cryptocurrency market is getting mixed sentiment today, and SNX is following suit. From a larger perspective, the token is slowly recovering as the SNX price is trading at $0.311, but it is still in a loss of 0.13% of its total value in the last 24 hours. What is the target price for SNX? The target price for SNX is $0.560931 for the current year, which is still quite higher than the current Synthetix price. Will SNX reach $5? The current price action does not justify predicting a $5 target. However, in the cryptocurrency market, things change rapidly, and if the token maintains its price levels, a recovery can be initiated. It can be expected that SNX will reach a maximum of $2.43 by 2032. However, this is not investment advice, and anyone willing to purchase SNX tokens should seek independent professional consultation. Will SNX reach $1? Considering the future price movements, SNX will reach the $1 level by 2028. The last time SNX was seen at the $1 level was in November 2025. Will SNX reach $10? According to crypto analysts’ price predictions, SNX may not reach this level in the next five years. Considering the current market cap of the token, it seems like a distant target. Will SNX reach $100? No, market analysts don’t expect SNX to reach $100 during the next 10 years, considering the long term Synthetix price forecast. How high can SNX go? The highest expected price for SNX is $2.14, which it will achieve in 2032. Does SNX have a future? SNX is trading significantly lower than its mid-December price levels, making it an ideal time for buyers to enter the market. Given its current low price and a favorable future valuation of $2.43 by the end of 2032, the asset appears to be a worthwhile investment. However, one’s own research is advised. Recent news/ updates on SNX Synthetix introduced the new Synthetix Markets page. The option will show live stats for market sentiment, open interest, 24h volume, funding rate, token dominance, and implied volatility + alt dominance. Introducing the new & improved Synthetix Markets page ⚔️ Synthetix Markets now shows live stats for: 🔹 Market Sentiment 🔹 Open Interest 🔹 24h Volume 🔹 Funding Rate 🔹 Token Dominance 🔹 Implied Vol + Alt Dominance Get a read on conditions before you dial up the leverage pic.twitter.com/BTS3tC2AKI — Synthetix ⚔️ (@synthetix) April 29, 2026 SNX price prediction May 2026 This month, SNX is expected to reach a high of $0.430, with an average price of $0.310 and a minimum trading price of $0.243. Month Potential Low ($) Potential Average ($) Potential High ($) May $0.243 $0.310 $0.430 SNX price prediction 2026 The price of SNX is predicted to reach a minimum value of $0.211 by Q4 of 2026. Traders can anticipate a maximum value of $0.560931 and an average trading price of $0.467442. Year Potential Low ($) Potential Average ($) Potential High ($) 2026 $0.211 $0.467442 $0.560931 SNX price predictions 2027 – 2032 Year Potential Low ($) Potential Average ($) Potential High ($) 2027 0.685582 0.77907 0.872559 2028 0.99721 1.09 1.18 2029 1.31 1.40 1.50 2030 1.62 1.71 1.81 2031 1.93 2.03 2.12 2032 2.24 2.34 2.43 Synthetix price prediction 2027 The year 2027 will experience more bullish momentum. According to the SNX price prediction, it will range between $0.685582 and $0.872559, with an average trading price of $0.77907. Synthetix price prediction 2028 The Synthetix Network token prediction climbs even higher into 2028. According to the projections, the price of SNX will range between $0.99721 and $1.18, with an average of $1.09. Synthetix price prediction 2029 According to our Synthetix Network token price prediction for 2029, we expect a maximum price of Synthetix to be $1.50, a minimum price of $1.31, and an average price of $1.40. Synthetix price prediction 2030 According to the Synthetix price prediction for 2030, the price of SNX will range from $1.62 to $1.81, with an average price of $1.71. Synthetix price prediction 2031 The Synthetix Network token price prediction for 2031 indicates the price will range between $1.93 and $2.12. The average Synthetix price forecast is $2.03. SNX price prediction 2032 The Synthetix forecast for 2032 is a high of $2.43. According to the SNX coin price prediction, it will reach a minimum price of $2.24 and average at $2.34. Synthetix (SNX) price prediction 2026 – 2032. Source: Cryptopolitan Synthetix market price prediction: Analysts’ SNX price forecast Firm 2026 2027 DigitalCoinPrice $0.16 $0.13 CoinCodex $0.2749 $ 0.2305 Cryptopolitan’s Synthetix (SNX) price prediction Our analysis shows that SNX has been highly volatile since its historical listing price. It remains unpredictable at current levels, with predictions indicating it will break out higher. SNX will achieve a high of $0.560931 by the end of 2026. SNX is expected to trade between $0.685582 and $0.872559 in 2027. In 2032, SNX will be priced between $2.24 and $2.43 with an average price of $2.34. Synthetix historic price sentiment SNX price history. Source: Coinmarketcap Kain Warwick launched Synthetix in September 2017 under Havven (HAV). The HAV Airdrop Campaign ran between 4 and 14 February 2018 and offered two million tokens for around $1 million. On November 30, 2018, Synthetic announced its rebranding from Havven. This included renaming its native token, HAV (Havven token), to SNX. The contract address did not change. It registered its lowest price at $0.03258 on January 5, 2019. Unlike most mega-altcoins, SNX did not rally after launch; it consistently traded below $0.5 until the last quarter of 2019. In 2020, it made a mega rally to $7.3, as per historical SNX market data. In the 2021 bull cycle, it shot higher, and on February 14, it registered its all-time high at $28.77. It reversed to $5 in July before pumping again to $15 in September. In the 2022 crypto winter, SNX shed most of its value as it retreated to the $2 mark by the end of the year. In 2023, it consistently traded between $1.5 and $3 until the last quarter, when it had its break. In March 2024, SNX reached a high of $5; in July, SNX came down from the $2.01 to $1.65 range. In August 2024, the SNX token’s price dipped as low as $1.20, and September saw a maximum price of $1.71. In October 2024, SNX dipped and became rangebound. It closed the month with a $1.31 price tag, while December saw a stream of improved prices with a peak price of $3.38. During the remainder of December, SNX kept shedding its value, and it entered 2025 with a wave of correction to $1.90. The highest price of the SNX token was 2.27 in January, but it corrected to $1.20 in February. In March, SNX price declined to $0.89, and in April it further descended to the $0.77 range. In May 2025, it saw some recovery to $0.926, improving its market capitalization, and in July, the token peaked at $0.781, showing significant growth. From August to September, SNX’s average price remained around $0.65 to $0.67, and in October 2025, SNX was trading above $1, finally peaking at $2.58 on the 13th of the month. At the start of November, the SNX token was trending below $1.00. By the end of November, the price of SNX declined toward $0.55. SNX started 2026 with a price tag of $0.45 under bearish pressure, and it decreased to $0.34 in February. The token was maintaining its price level near the same range till April. In May, SNX is trending near $0.314, as the current market sentiment is neutral.
2 May 2026, 09:17
BTC price jumps 1.6 percent as market cap hits $1.42T
🚀 BTC jumped 1.6 percent today and hit $78,336. Spot ETF demand pushed its market cap to $1.42 trillion. Continue Reading: BTC price jumps 1.6 percent as market cap hits $1.42T The post BTC price jumps 1.6 percent as market cap hits $1.42T appeared first on COINTURK NEWS .
