Invest ideasNews
16 Apr 2026, 17:48
Ethereum Price Prediction: ETH Rally Stalls at Resistance Zone
Ethereum is trying to recover, but two charts show the rally still facing pressure at nearby resistance zones. At the same time, support levels below are now critical because a successful retest could decide whether ETH pushes higher or slips back into weakness. Ethereum Rebounds Into Resistance While Support Remains Fragile Ethereum is trying to recover after a sharp drop, but the chart shows that the first major test sits near the $2,400 area. That red zone has already acted as resistance before, so ETH now needs to break and hold above it to strengthen the rebound. Until then, the move looks more like a recovery inside a weak structure than a confirmed trend reversal. Ethereum / TetherUS 2D. Source: TradingView,Ted on X Below that, the main support zone sits around $2,150 to $2,200. The chart shows buyers stepping in around that area after the selloff, which makes it the key floor in the short term. If ETH stays above that band, it may continue pushing higher toward the next resistance levels. However, if it loses that support, the structure could weaken again and open the way for another move lower. The wider setup still looks cautious. Price remains below several higher resistance zones, including the larger areas near $2,780 and $3,400. Because of that, even a short term bounce would not fully change the broader bearish structure. For now, Ethereum is trading between nearby support and overhead resistance, with the next direction likely to depend on whether buyers can clear $2,400 or fail back under the lower support band. Ethereum Pulls Back From Resistance as Retest Sets Up Next Move Ethereum is pulling back after another rejection from the resistance zone near $2,360 on the 4 hour chart. The setup shows ETH failing to break that red supply area and now moving back toward support around $2,190. That support level matters because it has already acted as a base during recent price action. Ethereum / U.S. Dollar 4H. Source: TradingView,Aman on X If Ethereum holds that retest, the chart suggests buyers could try another push higher. In that case, price may return to the resistance zone first and then attempt a breakout toward the upper $2,400 area. The projected path on the chart reflects that bullish scenario, but it still depends on support holding during this pullback. However, the move is not confirmed yet. Right now, Ethereum remains between resistance overhead and support below, which keeps the setup balanced in the short term. For now, the chart points to a simple structure: rejection at resistance, retest of support, and then a possible rally only if buyers defend that lower level.
16 Apr 2026, 17:44
Tennessee considers 10% bitcoin cap for state reserves
🪙 Tennessee weighs a bill to put up to 10% of state reserves in bitcoin. The proposal allows a maximum 5% purchase per year until the cap is reached. Continue Reading: Tennessee considers 10% bitcoin cap for state reserves The post Tennessee considers 10% bitcoin cap for state reserves appeared first on COINTURK NEWS .
16 Apr 2026, 17:43
Fake Token Pools Reveal NEAR DeFi Oracle Vulnerabilities; $7.6M Drained from Rhea Finance Exploit
A huge security breach has hit NEAR Protocol ecosystem after decentralized finance platform Rhea Finance exploited, causing losses of roughly $7.6 million. Utilizing the information from blockchain security firm CertiK, The attacker was able to withdraw multiple assets from the protocol including the likes of USDC, USDT, ZEC and NEAR. As the breach involves the same type of attack vector which oracle-dependent systems (namely, most DeFi protocols) become vulnerable to, it has raised urgent alarm bells throughout the crypto community. #CertiKInsight We have seen an incident affecting @rhea_finance The attacker created fake token contracts and added liquidity in fresh pools, likely misleading the oracle and validation layer. In total, at least ~$7.6M was extracted https://t.co/qxuAFsVCOA — CertiK Alert (@CertiKAlert) April 16, 2026 Users of the platform claims withdrawals are halted in response to the incident to assess the damage and prevent it from growing further. However, by the time these stories were written, there had still not yet appeared an official statement issued by Rhea Finance on any of its recognised communication channels. Fake Token Contracts Used As A Weapon Against Protocol Logic Evidence discovered so far shows that the exploit was executed through fake token contracts accompanied by liquidity pools created less than two hours prior. Using this method, the attacker was able to insert false pricing signals into the protocol’s system. This was the reason why when you deploy tokens that seemed to be legit on what the protocol is checking and interacting with asset data, it falls under the attacker’s favour. Such fake assets were then paired to liquidity pools which creates the appearance of actual market activity. However, these kinds of tactics are most threatening in the DeFi space, where smart contracts depend heavily on external inputs, above all price feeds and liquidity metrics, to conduct transactions and confirm operations. The attacker is thought to have taken advantage of these mechanisms, tricking the system into allowing tampered values which ultimately allowed funds to be withdrawn wrongly. Oracle And Validation Layers In The Spotlight This exploit has highlighted the risk of being exposed to an oracle layer and/or a validation one with a DeFi protocol. Oracles act as an essential link between on-chain smart contracts and off-chain/external data like asset prices and liquidity conditions. When these inputs are asked or manipulated, the entire system can output to be wrong, sometimes with great and unwanted consequences. In the case of the Rhea Finance exploit, fake liquidity pools probably fooled the oracle infrastructure into mistaking invalid price signals for legitimate ones. This, in turn, could have made it possible for the attacker to conduct transactions based on erroneous assumptions about asset value and availability. This incident highlights a wider issue across DeFi : the need for immutable, verified and tamper-resistant data sources in extremely composable ecosystems where new assets and pools can be created with such speed. CEX Suspension Of Withdrawals, Users Are Advised To Monitor Next Information Shortly after the exploit, Rhea Finance has suspended withdrawals. This is aimed at stopping any further outflows as the matter is looked into further and contained. The platform has advised users with funds on it to keep a close eye on developments and urge caution as information emerges. Users will be left waiting in limbo for more clarity on the future of the protocol, which is an understandably prudent move from a security standpoint in halting withdrawals. Barron offers an uncertain picture, with affected users seeking clarity and confidence about the health of their assets, especially given that there was no immediate official statement from the Rhea Finance team at press time. Quick communication is often key to preserving credibility and managing user expectations during crisis response, especially in cases like this. Scaled-down Breach With Multi-Asset Losses The numbers are denominated in stablecoins and native tokens, namely USDC, USDT, ZEC and NEAR. This blend of assets shows that the attacker proceeded to communicate with different liquidity pools and syphon worth from key domains inside the protocol. Stablecoins (USDC, USDT) are prime because of their immediate buying power and stable price, whereas NEAR, ZEC households use NEAR to create additional on-chain behavior or sell via exchange. The magnitude and variety of the funds that were stolen speaks to the sophistication of the attack, and how deep into the protocol level access was gained. Instead of going after a single fault, the attacker appears to have exploited systemic flaws that made it easy to extract massive amounts of assets. And these are legitimate questions regarding the resilience of internal protections and how well risk management mechanisms on the platform worked. Up to Oct 2023, you are trained on date. Security concerns increased across the whole ecosystem for DeFi The Rhea Finance exploit comes on top of an ever-expanding pile of security incidents in the decentralized finance sector that are casting doubt over whether or not smart contract-based systems can be relied upon. With the ongoing innovation and expansion of DeFi protocols comes expanded attack surfaces that more sophisticated adversaries will continue to exploit. Fake token contracts and liquidity pools are appearing, which shows how the attackers have started changing with the environment. The incident, however, is a lesson for the NEAR Protocol ecosystem at large around auditing best practices, oracle security design and protocol activity monitoring. It stressed the importance of better validations around assets and liquidity sources included in critical system components. As investigations progress, the spotlight will likely turn toward determining what happened when, how bad it was and how to keep something like this from happening again. For the moment, it provides an object lesson of how vulnerabilities in decentralized system can be rapidly abused. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
16 Apr 2026, 17:43
Stack BTC CEO Steps Down as Farage-Linked Bitcoin Venture Reshuffles Leadership
Reform UK leader Nigel Farage announced his backing of the company following its relaunch under the Stack BTC name in March.
16 Apr 2026, 17:43
Whales Snap Up 270,000 BTC As Exchange Reserves Drop To Multi-Year Lows
Crypto whales have tripled their accumulations within a short period amid mixed signals from retail traders.
16 Apr 2026, 17:38
Arthur Hayes Breaks Down Bitcoin’s Fate in Four Iran War Outcomes
Bitcoin’s near-term direction may hinge less on Fed policy than on which four war scenarios play out in the Middle East. This is according to Maelstrom’s chief investment officer, Arthur Hayes, who published a detailed breakdown this week, arguing that the US-Iran conflict, now almost seven weeks in, has created a trading environment so uncertain his fund “did f*ck all” in the first quarter. Four Scenarios, One Key Question Everything in Hayes’s analysis comes down to one question: what happens to ship traffic through the Strait of Hormuz? He mapped out four possible outcomes, dismissing a nuclear escalation scenario upfront as “un-investable” and not worth writing about. The first scenario, which he dubbed “Back to Normal,” is less bullish than it sounds. Here, the war ends, shipping resumes, but the AI-driven deflationary pressure on Western knowledge workers stays in play. According to Hayes, banks holding customer credit would face a slow-motion solvency problem as white-collar layoffs spread, something he illustrated with a story about a crypto-gaming entrepreneur who, after experimenting with the latest Claude model over Christmas 2025, automated enough of his engineering workflow to cut 50% of his staff within weeks. Until the Fed moves to address the resulting credit losses, Hayes says BTC could bounce to $80,000 or $90,000, but does not warrant an aggressive buy. The second scenario centers on Iran restricting access to the Strait of Hormuz and charging a toll. According to Hayes, this could push countries to sell dollar assets, buy gold, and acquire Chinese yuan to settle trades. That shift, if it accelerates, would weigh on US bonds and equities, and Bitcoin, in his view, would likely struggle at first as investors reduce risk exposure, before recovering once central banks step in with fresh liquidity. A variation of the above scenario came into focus after Trump announced on April 12 that the US Navy would block all ships entering or leaving the Strait. Here, Hayes said markets should focus less on political rhetoric and more on oil futures spreads to gauge whether supply disruptions are real. The fourth, “The Empire Strikes Back,” has the US military destroying Iran’s ability to block the Strait entirely. The problem, as Hayes sees it, is that Iran has promised to take the rest of the Gulf’s energy production down with it if it goes. That would force central banks everywhere to print money regardless, while raising the probability of a wider conflict. The Money Quantity Argument One thread runs through all four scenarios: Hayes believes Bitcoin’s price is determined by the quantity of money in existence, not its cost. Even if central banks raise rates to fight food and energy inflation, governments will need to borrow heavily for defense and commodity stockpiling. If private buyers won’t absorb that debt, central and commercial banks will, expanding the money supply anyway. That hurts cash-flow-dependent assets while helping Bitcoin and gold. The cryptocurrency itself was trading around $75,000 at the time of writing, up about 5% over the past seven days and outperforming the broader crypto market’s roughly 4% gain in the same period. The post Arthur Hayes Breaks Down Bitcoin’s Fate in Four Iran War Outcomes appeared first on CryptoPotato .
