hodler

4 Jun 2026, 13:18

Ripple-linked XRP sinks 7% to four-month lows

XRP fell another 7% after losing key support levels, with traders weighing growing institutional demand against one of the token's weakest technical setups in months.

4 Jun 2026, 13:15

HNT price jumps after Noble Mobile acquires Helium Mobile, but risks remain

The price of Helium's native token, HNT, experienced a sharp short-term rally before quickly retreating, as the market reacted to the acquisition of Helium Mobile by Noble Mobile. The token briefly climbed to an intraday high of $0.7874 before pulling back toward the mid-$0.65 range. Helium Mobile acquired by Noble Mobile Helium's ecosystem received a notable development after Noble Mobile completed its acquisition of Helium Mobile, the consumer-facing telecom service built on top of the decentralized wireless network. The deal was confirmed on June 3, with Noble Mobile, a US-based telecom startup associated with Andrew Yang, taking control of the mobile service layer. https://twitter.com/helium_mobile/status/2061802807465017453?s=20 Importantly, the acquisition did not include the underlying Helium Network or the HNT token itself. The core infrastructure remains under Nova Labs, which continues to operate the decentralized wireless network and oversee its expansion through community-run hotspots. Following the announcement, the Helium network continued operating without interruption. Existing hotspot operators and data transfer systems remained active, and the network's role as a decentralized wireless provider was unchanged. Noble Mobile's involvement is primarily at the application layer, meaning it utilizes Helium's infrastructure rather than replacing it. Initial market reaction to the announcement was relatively muted. HNT price jumps before pulling back HNT surged following the Noble Mobile acquisition news, briefly touching an intraday high of $0.7874. The rally was accompanied by a significant increase in trading activity, with 24-hour volume rising roughly 177% to about $15.29 million. The move also coincided with a technical rebound from deeply oversold conditions, as the 7-day RSI had fallen to around 22.5 and the 14-day RSI to approximately 26.3. Despite the strong intraday advance, the token was unable to hold those gains. After reaching $0.7874, HNT retraced toward the mid-$0.65 range. The price action formed a classic "pump and fade" pattern, where early buying momentum was met by profit-taking near short-term resistance levels. Risk of the HNT price falling further Despite the recent rebound, HNT's broader technical picture continues to point toward a bearish trend. Over a longer timeframe, the token remains down nearly 80% from a year ago, reflecting persistent weakness since its previous cycle peak near $54.88 in 2021. Among 23 tracked technical indicators , 12 currently signal bearish conditions, while only four are bullish and seven remain neutral. This imbalance suggests that the recent rally has not materially changed the dominant market trend. Moving averages remain particularly weak, with no bullish signals and all major exponential moving averages (EMAs) positioned above the current price. HNT price analysis The most important support zone lies around $0.5886. A sustained break below this level would remove the strongest remaining structural support from the recent recovery attempt. If that support fails, the next significant downside target is around $0.50, which previously served as a swing low during earlier selloffs. On the upside, the first key resistance level stands at $0.8008. A daily close above that level would be needed to suggest that momentum is shifting beyond a simple corrective bounce. If buyers can clear that barrier, the next technical target is around $0.9310, based on extended resistance mapping. For now, RSI readings suggest that momentum has stabilized but has yet to strengthen meaningfully. With the daily RSI hovering around 30.40 and the weekly RSI just above 31, the market remains near oversold territory, leaving HNT vulnerable to further volatility while broader sentiment stays cautious. The post HNT price jumps after Noble Mobile acquires Helium Mobile, but risks remain appeared first on Invezz

4 Jun 2026, 13:15

Bankless Co-Founder David Hoffman Discloses Entry Prices for NEAR, HYPE, and ZEC Holdings

BitcoinWorld Bankless Co-Founder David Hoffman Discloses Entry Prices for NEAR, HYPE, and ZEC Holdings David Hoffman, co-founder and host of the popular crypto podcast platform Bankless, has publicly disclosed his average entry prices for several cryptocurrencies in a post on X. The disclosure provides a rare window into the portfolio strategy of a prominent figure in the decentralized finance space. Entry Prices and Current Market Value According to Hoffman’s post, his average purchase prices are as follows: NEAR Protocol (NEAR) at $1.40 per token, Hyperliquid (HYPE) at $45 per token, and Zcash (ZEC) at $560 per token. At the time of reporting, these assets are trading at $2.42, $67.23, and $538.10 respectively. This means his NEAR and HYPE positions are currently in profit, while his ZEC holding is slightly underwater based on the disclosed entry price. Context of the Portfolio Move Hoffman revealed that he sold all of his Ethereum (ETH) holdings on May 21 to reallocate capital into a basket of five assets: VVV, NEAR, ZEC, HYPE, and LIT. This move represents a significant strategic shift away from the second-largest cryptocurrency by market capitalization. The timing of the sale and the selection of these specific assets suggest a conviction in Layer 1 protocols, privacy coins, and emerging DeFi infrastructure. Why This Matters to Investors Public disclosures of entry prices by well-known crypto figures can influence market sentiment and provide retail investors with reference points for their own analysis. However, it is important to note that such disclosures are not investment advice and reflect personal conviction rather than guaranteed performance. The volatility inherent in these assets means that entry prices can quickly become outdated. Implications for the Market Hoffman’s shift from ETH to these smaller-cap assets may signal a broader rotation within the crypto market, where investors are seeking higher-risk, higher-reward opportunities outside of blue-chip cryptocurrencies. NEAR Protocol has been gaining attention for its sharding technology, while Hyperliquid is a relatively newer entrant in the perpetual futures DEX space. Zcash, a long-standing privacy coin, continues to have a dedicated following despite regulatory headwinds. Conclusion David Hoffman’s public portfolio disclosure offers a transparent look at the thinking of a seasoned crypto commentator. While his entry prices provide a useful benchmark, market conditions can change rapidly. Investors are advised to conduct their own research and consider their risk tolerance before making any trading decisions. FAQs Q1: What were David Hoffman’s disclosed entry prices for NEAR, HYPE, and ZEC? A1: He disclosed an average entry price of $1.40 for NEAR, $45 for HYPE, and $560 for ZEC. Q2: Why did David Hoffman sell his Ethereum holdings? A2: He stated on May 21 that he sold all his ETH to purchase VVV, NEAR, ZEC, HYPE, and LIT, indicating a strategic reallocation of his portfolio. Q3: Are these entry prices still accurate for current market conditions? A3: No, the prices reflect his purchase cost at the time of acquisition. Current market prices for these assets differ and are subject to volatility. This post Bankless Co-Founder David Hoffman Discloses Entry Prices for NEAR, HYPE, and ZEC Holdings first appeared on BitcoinWorld .

4 Jun 2026, 13:11

Grayscale Research Head Says XRP ETFs Could Capture 5-6% of XRP Supply

Grayscale's Head of Research, Zach Pandl, recently suggested that XRP ETFs could take up about 5% to 6% of XRP's circulating supply in the near future. He made this projection during a recent appearance on the Paul Barron Podcast, where both speakers discussed the impressive rise of XRP-based investment products. Visit Website

4 Jun 2026, 13:10

CoinDesk 20 performance update: Bitcoin Cash (BCH), up 1.5%, is only gainer

NEAR Protocol (NEAR) declined 15.2% and Internet Computer (ICP) dropped 13.1%, leading the index lower.

4 Jun 2026, 13:10

Binance to Launch ZESTUSDT and BTWUSDT Perpetual Futures With Up to 10x Leverage

BitcoinWorld Binance to Launch ZESTUSDT and BTWUSDT Perpetual Futures With Up to 10x Leverage Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the listing of two new perpetual futures contracts: ZESTUSDT and BTWUSDT. The ZESTUSDT contract is scheduled to go live at 2:00 p.m. UTC today, followed by the BTWUSDT contract at 2:15 p.m. UTC. Both contracts will support up to 10x leverage, offering traders additional flexibility in their derivatives strategies. Contract Details and Timeline The new perpetual futures will be settled in USDT, Binance’s primary stablecoin for margin trading. Perpetual futures differ from traditional futures in that they have no expiration date, allowing traders to hold positions indefinitely as long as margin requirements are met. The 10x leverage cap means traders can amplify their exposure up to ten times the value of their collateral, though this also increases risk. Binance has not yet disclosed the underlying projects behind the ZEST and BTW tickers. However, listings on major exchanges often lead to increased liquidity and price discovery for newly introduced tokens. Traders should verify the contract specifications, including funding rates and maintenance margin levels, before engaging with these instruments. Market Context and Implications The addition of new perpetual futures contracts is a routine but significant activity for Binance, which maintains one of the largest derivatives markets in crypto. For traders, new listings can present both opportunities and risks. Early liquidity may be thin, leading to potential slippage, while funding rate volatility can impact the cost of holding positions over time. Binance has been expanding its derivatives offerings steadily, responding to demand for leveraged exposure to emerging tokens. The exchange’s listing process typically involves rigorous due diligence, though the specific criteria for ZEST and BTW remain undisclosed. Market participants should monitor official Binance announcements for any updates regarding margin tiers or risk limits. What This Means for Traders For active derivatives traders, these new contracts provide additional avenues for speculation and hedging. The 10x leverage cap is relatively conservative compared to Binance’s maximum offerings on major pairs, which can reach 125x. This suggests Binance may be exercising caution with newer or less liquid assets. Traders should also be aware that perpetual futures carry unique risks, including potential liquidation during volatile market conditions. As with any leveraged product, position sizing and risk management are critical. The launch timing—two contracts rolling out within 15 minutes of each other—may create overlapping trading activity, so traders should plan their entries accordingly. Conclusion Binance’s listing of ZESTUSDT and BTWUSDT perpetual futures expands the exchange’s derivatives catalog and offers traders new opportunities for leveraged exposure. While the underlying projects remain unconfirmed, the contracts are set to go live later today with standard perpetual futures mechanics. Traders are advised to review all contract specifications and manage risk appropriately before trading. FAQs Q1: What are perpetual futures? Perpetual futures are derivative contracts that allow traders to speculate on the price of an asset without an expiration date. They use a funding rate mechanism to keep the contract price close to the spot price. Q2: What does 10x leverage mean? With 10x leverage, a trader can open a position worth ten times their collateral. For example, $100 in margin can control a $1,000 position. While this amplifies potential profits, it also increases the risk of liquidation. Q3: When will the contracts be available? The ZESTUSDT contract launches at 2:00 p.m. UTC today, and the BTWUSDT contract launches at 2:15 p.m. UTC today. Both will be available on Binance’s futures platform. This post Binance to Launch ZESTUSDT and BTWUSDT Perpetual Futures With Up to 10x Leverage first appeared on BitcoinWorld .