hodler

28 Jan 2026, 15:55

Shiba Inu Burn Rate Slumps 99%, Will Price Recovery Stall?

Shiba Inu burn metric slows down despite ongoing price recovery, stirring doubts about a sustainable price rally.

28 Jan 2026, 15:54

SwapNet loses $13.4 million after input validation flaw enables asset drain

Blockchain security firm BlockSec has released a technical analysis of the attacks that hit two decentralized finance protocols, resulting in losses of more than $17 million. SwapNet, a DEX aggregator, suffered losses of over $13.4 million across Ethereum, Arbitrum, Base, and Binance Smart Chain, while Aperture Finance, which manages concentrated liquidity positions, lost an estimated $3.67 million in a concurrent but unrelated incident. “The victim contracts expose an arbitrary-call capability due to insufficient input validation, allowing attackers to abuse existing token approvals and invoke transferFrom to drain assets,” BlockSec stated in a summary of its analysis on X. The security firm stated , “These incidents serve as a reminder that flexibility in contract design must be carefully balanced with strict call constraints, especially in closed-source systems where external review is limited.” What was behind SwapNet’s vulnerability? In the SwapNet case, the vulnerability came from the function 0x87395540(), which lacked proper validation on critical inputs. By replacing expected router or pool addresses with token addresses such as USDC, attackers tricked the victim contract into treating tokens as valid execution targets. This led to low-level calls being executed with attacker-controlled calldata, enabling the victim contract to perform calls that allowed the attacker to siphon all approved assets. The vulnerability impacted users of Matcha Meta , a DeFi exchange meta-aggregator, who had disabled the platform’s “One-Time Approval” setting and granted infinite approval directly to SwapNet contracts. The largest single loss came from one user who lost around $13.34 million . In total, 20 users were affected. The attack began on Base at block 41289829, prompting SwapNet to pause contracts on Base 45 minutes after the initial exploit was detected. It also paused contracts on other chains shortly after; however, during that window, an additional 13 users were affected across three chains. Similar weakness hit Aperture Finance Aperture Finance, which manages Uniswap V3 liquidity positions on behalf of users, fell victim to the same class of vulnerability in its function 0x67b34120(). When this function was invoked, an internal function 0x1d33() executed low-level calls using calldata supplied by users without enforcing strict constraints on the call target or function selector. This enabled attackers to construct malicious calldata that siphoned ERC-20 tokens and also approved Uniswap V3 position NFTs. Users who had authorized approvals for “Instant Liquidity Management” features were the ones at risk from this attack. In one representative attack on Ethereum, the attacker created a contract that invoked the vulnerable function with just 100 wei of ETH. After wrapping the native tokens into WETH, the malicious call to WBTC.transferFrom() was executed, allowing the attacker to drain approved tokens while passing a balance check by specifying their own swap output value. What changes are the affected platforms making? The incidents have prompted both protocols to reassess their approach to security. First, both protocols asked their users to revoke approvals using tools such as Revoke.cash. Matcha Meta stated that it has disabled the toggle that allows users to turn off One-Time Approval. It has also removed SwapNet from its platform until further notice, while stating that “Erring on the side of customizability over security is not a posture we will allow moving forward.” Aperture Finance stated that it has disabled all affected web application functionalities. On its recovery efforts, it stated, “We are working closely with top-tier forensic security firms and are coordinating with law enforcement to trace funds,” while adding that it is also establishing channels to negotiate the return of funds as well. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

28 Jan 2026, 15:50

XRP nears key $2 level as crypto market rebounds ahead of Fed decision

XRP was pushing higher toward the $2.00 level as gains spread across the broader cryptocurrency market. The token traded above $1.90, tracking strength in Bitcoin, which retested levels above $89,200, while Ethereum moved back above $3,000. The rebound was reflected across the market, with all top 10 cryptocurrencies trading in positive territory at the time of writing on Wednesday, January 28. The cryptocurrency traded around $1.92 at the time of writing, up more than 2% in the past 24 hours. Daily trading volume was down 4% to about $2.33 billion. XRP price and broader market context After starting the week lower, cryptocurrency prices are looking to flip positive as risk assets jump ahead of the Federal Reserve’s policy decision. The prevailing US dollar weakness that enhances demand for assets like cryptocurrencies is boosting sentiment, and XRP bulls might take advantage to target a breakout above the critical $2.00 mark. However, the macroeconomic backdrop could still weigh on markets. Bitcoin’s move above $89,200 has been driven in part by anticipation ahead of the Federal Reserve’s January 28, 2026, policy meeting. A softer dollar and a shift toward risk-on positioning could provide further support, an environment that has already helped push gold to a fresh all-time high. Even so, XRP may find it challenging to re-establish a sustained uptrend, with broader macro conditions and overall market sentiment needing to turn more supportive for bullish momentum to take hold. Versan Aljarrah, founder of Black Swan Capital, commented via X: “Gold breaks a new all time high at $5200 as countries rush to repatriate their gold.That’s not a coincidence. Gold was classified as a Tier 1 asset because it sits at the center of the new financial system. And $XRP is the counterpart most still haven’t connected.” Ripple price prediction as XRP eyes $2 As noted, XRP’s price declined in recent weeks as bearish pressures weighed on buyers, pushing it under $1.80. The coin, much like the rest of the market, has struggled since the October 10, 2025, crypto crash. Despite steady XRP spot ETF inflows, low retail interest has limited upside momentum. A consolidation phase after a strong early-year surge means the $2 level is emerging as a critical psychological and technical zone for both XRP bulls and bears. Breaking above $2 on a confirmed daily close, particularly with rising volume, would signal a structural shift. XRP reclaiming the level and the 200-day simple moving average will open up the path to $2.30-$2.50. The $2.00 threshold also represents a pivot where institutional accumulation via ETFs could overpower retail selling. If buyers show dominance, it could transform from a barrier into a key support and launchpad for higher targets. The post XRP nears key $2 level as crypto market rebounds ahead of Fed decision appeared first on Invezz

28 Jan 2026, 15:50

Bitcoin Price Plummets Below $89,000: Market Reacts to Sudden Downturn

BitcoinWorld Bitcoin Price Plummets Below $89,000: Market Reacts to Sudden Downturn Global cryptocurrency markets experienced significant turbulence on Thursday, March 13, 2025, as Bitcoin’s price fell below the crucial $89,000 threshold. According to real-time data from Bitcoin World market monitoring, the leading cryptocurrency traded at $88,950.01 on the Binance USDT market during the Asian trading session. This movement represents a notable shift in market sentiment following weeks of relative stability. Bitcoin Price Analysis: Understanding the Drop The descent below $89,000 marks a significant psychological level for traders and investors. Market analysts immediately began examining multiple factors contributing to this movement. Historical data shows Bitcoin has tested this support level three times in the past six months. Each previous test resulted in different market outcomes, making current patterns particularly noteworthy for technical analysts. Several trading platforms reported increased selling pressure during the London market opening. Consequently, trading volumes spiked approximately 35% above the 30-day average. Major exchanges including Coinbase, Kraken, and Binance showed synchronized price movements. This synchronization suggests institutional rather than retail-driven activity. Cryptocurrency Market Context and Historical Patterns Bitcoin’s current price action occurs within a broader market context. The cryptocurrency reached an all-time high of $98,450 just 45 days before this decline. Since that peak, the market has experienced gradual consolidation. Historical volatility metrics indicate current movements remain within normal parameters for Bitcoin’s typical market behavior. Comparisons to previous market cycles reveal interesting patterns. For instance, the 2021 bull market saw similar corrections averaging 15-20% before continuing upward trajectories. Current technical indicators show: Relative Strength Index (RSI): Currently at 42, indicating neither overbought nor oversold conditions Moving Averages: Price remains above the 50-day moving average of $86,200 Trading Volume: Increased by 42% compared to previous 24-hour period Market Depth: Order books show strong support at $85,000-$86,000 range Expert Perspectives on Market Dynamics Financial analysts from major institutions provided context about this price movement. JPMorgan’s quarterly cryptocurrency report noted increasing correlation between Bitcoin and traditional equity markets. This correlation reached 0.68 in recent weeks, the highest level since 2022. Such correlation often precedes increased volatility during macroeconomic announcements. Meanwhile, Bloomberg Intelligence highlighted institutional accumulation patterns. Their data shows investment funds added approximately 12,000 BTC to their holdings during the previous week. This accumulation suggests long-term confidence despite short-term price fluctuations. Goldman Sachs analysts pointed to technical factors, noting key resistance levels at $92,500 prevented upward momentum. Global Economic Factors Influencing Cryptocurrency Prices Multiple macroeconomic developments contributed to market conditions. The U.S. Federal Reserve’s recent interest rate decision created uncertainty across all risk assets. Additionally, European Central Bank policy announcements affected global liquidity conditions. These traditional financial factors increasingly influence cryptocurrency markets as institutional participation grows. Regulatory developments also played a role. The SEC’s upcoming decision on multiple Bitcoin ETF applications created anticipation in markets. Furthermore, international regulatory coordination through the Financial Stability Board introduced new compliance considerations. Market participants typically reduce positions before major regulatory announcements. Recent Bitcoin Price Movements and Key Levels Date Price Level Market Event March 1, 2025 $92,450 Monthly high March 8, 2025 $90,120 Support test March 12, 2025 $89,850 Consolidation phase March 13, 2025 $88,950 Current level Technical Analysis and Future Projections Technical analysts emphasize several key levels for Bitcoin’s immediate future. The $85,000 support represents a critical psychological and technical barrier. A breach below this level could trigger additional selling pressure. Conversely, reclaiming $90,500 resistance would indicate renewed bullish momentum. Market structure analysis reveals interesting patterns. The current correction represents approximately a 9.6% decline from recent highs. This percentage falls within normal retracement ranges for Bitcoin bull markets. Previous cycles show similar corrections often precede new upward movements. However, each market cycle possesses unique characteristics. Institutional Behavior and Market Impact Institutional trading desks reported increased activity around the $89,000 level. Several hedge funds established option positions anticipating continued volatility. Meanwhile, corporate treasury accounts maintained their Bitcoin holdings without significant changes. This behavior suggests institutions view current movements as normal market fluctuations rather than fundamental shifts. On-chain data provides additional insights. Glassnode analytics show decreasing exchange balances despite price declines. This pattern typically indicates accumulation rather than distribution. Additionally, long-term holder metrics remain stable at 65% of circulating supply. These holders historically resist selling during minor corrections. Retail Investor Sentiment and Market Participation Retail investor platforms reported mixed reactions to the price movement. Social media sentiment analysis shows increased discussion but relatively neutral emotional indicators. Fear and Greed Index readings moved from “Greed” to “Neutral” territory. This shift suggests tempered expectations rather than panic selling among retail participants. Trading application data reveals interesting patterns. Buy orders actually increased 15% as price approached $89,000. This counterintuitive behavior suggests many retail investors view dips as buying opportunities. However, average order sizes decreased 22%, indicating cautious participation at lower price levels. Conclusion Bitcoin’s descent below $89,000 represents a significant but not unprecedented market movement. Multiple factors including macroeconomic conditions, regulatory developments, and technical patterns contributed to this price action. The Bitcoin price movement reflects normal volatility within an evolving market structure. Historical context suggests such corrections often precede renewed momentum. Market participants should monitor key support and resistance levels while considering broader economic conditions. Ultimately, this development highlights cryptocurrency markets’ maturation as they increasingly interact with traditional financial systems. FAQs Q1: What caused Bitcoin to fall below $89,000? Multiple factors contributed including macroeconomic uncertainty, regulatory developments, and technical resistance levels. Increased selling pressure during London market hours accelerated the decline. Q2: How significant is this price movement historically? The 9.6% correction from recent highs falls within normal parameters for Bitcoin bull markets. Similar corrections occurred during previous cycles without altering long-term trends. Q3: What are key support levels to watch now? Technical analysts identify $85,000 as critical support. Additional levels include $86,200 (50-day moving average) and $83,500 (previous consolidation zone). Q4: Are institutions selling their Bitcoin holdings? On-chain data shows decreasing exchange balances, suggesting accumulation continues. Corporate treasury accounts and investment funds maintain positions despite price fluctuations. Q5: How does this affect other cryptocurrencies? Bitcoin movements typically influence broader cryptocurrency markets. However, correlation varies by asset, with major altcoins often showing amplified volatility during Bitcoin corrections. This post Bitcoin Price Plummets Below $89,000: Market Reacts to Sudden Downturn first appeared on BitcoinWorld .

28 Jan 2026, 15:49

From Extreme Fear to Glory: Is this Ripple’s XRP Next Move?

Leading on-chain analytics firm Santiment reports that XRP has entered Extreme Fear territory, highlighting a sharp shift in retail sentiment.

28 Jan 2026, 15:40

Fidelity Moves Deeper Into Crypto With Proprietary Stablecoin

Fidelity Investments on Wednesday revealed plans to launch its own U.S. dollar-pegged stablecoin, marking a significant expansion of the asset manager’s digital assets strategy and its deepest move yet into blockchain-based payments. Fidelity Stablecoin Set to Compete With USDT and USDC Fidelity Investments said its forthcoming token, known as the Fidelity Digital Dollar (FIDD), will