hodler

1 Jun 2026, 19:30

Pundit Says XRP Has A 53% Chance Of Reaching The $11 Price Mark – Here’s Why

XRP may be heavily bearish right now, as its price steadily falls toward the $1.30 mark due to the highly unfavorable market environment. However, several predictions suggest that this phase is simply temporary and the broader outlook is extremely bullish, with the potential of reaching unprecedented levels such as $11. XRP’s Probability To Hit Unprecedented Levels Grows Despite how bearish the XRP price may appear, its broader outlook seems bullish, believed to touch a two-digit value in the foreseeable future. Multiple predictions regarding this move have started to unfold across the space, putting XRP in the spotlight. A market analyst known as Cheeky Crypto has spurred new debate in the cryptocurrency community following a prediction that the leading altcoin could hit the $11 price level. According to the market expert, the token has about a 53% chance of reaching this audacious level very soon. His forecast is based on a number of factors, including market structure, past price behavior, and changing adoption trends. The major development here is the formation of a macro broadening wedge pattern. However, the question remains: can this massive macro pattern really bolster XRP to the $11 mark, or is the market setting up an expansive technical trap? After analyzing the data market in the long term, the expert found a specific geometric structure coiling on the charts with a critical statistical division, which suggests a 53% mathematical probability of an explosive breakout. At the same time, the analysis shows a 47% chance of a catastrophic breakdown. In the meantime, the success of moving either way requires short-term moving averages to focus completely on multiple key factors. These include hidden algorithmic accumulation, institutional order book, on-chain data trends, and cryptocurrency exchange reserves hitting critical low levels. Furthermore, navigating this extreme volatility and the psychological warfare waged by whales or large holders will require keeping emotions detached from daily candles and implementing a strict exchange-redundancy strategy across tier-one platforms. As this trend materializes, Cheeky Crypto has revealed a shift in behavior among retail holders. Currently, these traders are tracking these macro structures, which can enable them to protect their capital by aligning their time horizons with the months-long timeline of the chart rather than rushing the process with high leverage. Massive Outflows From Crypto Exchanges In the face of ongoing volatility, on-chain data shows that a massive amount of XRP has left crypto exchanges. Santiment, a popular market intelligence, reported that the wave of outflows occurred just after the largest exchange inflow since 2026 began, involving +22.80 million XRP, which occurred on Thursday. As of Saturday, over 25.24 million XRP were withdrawn from trading platforms , suggesting a shift in investors’ behavior as they choose private custody. Another key aspect of this development is that the massive flow of coins to exchanges occurred right at the local bottom in XRP’s price. This move left retail traders who decided to sell off at the lowest price in 15 weeks regretting their decision. Since this day of capitulation, the trading value of the fifth-largest crypto asset by market cap has increased by a slight +5%.

1 Jun 2026, 19:27

Bitcoin network activity drops by 44 percent! What’s behind the slowdown?

🚨 On-chain activity in $BTC plunged by 44 percent since the 2021 peak. Number of active addresses and new wallet creations hit their lowest levels in years. Continue Reading: Bitcoin network activity drops by 44 percent! What’s behind the slowdown? The post Bitcoin network activity drops by 44 percent! What’s behind the slowdown? appeared first on COINTURK NEWS .

1 Jun 2026, 19:23

XRP Hits 15-Week Low Near $1.30 as ETFs Add $20.3M Amid $1.67B Crypto Fund Exodus

XRP News Digital asset investment products bled $1.67 billion in net redemptions last week, marking the second-largest weekly outflow recorded in 2026 and extending a three-week selling streak that...

1 Jun 2026, 19:21

Swan Bitcoin Drops Federal Lawsuit Against Proton After UK Court Concession Kills Its Core Claims

A federal judge dismissed Swan Bitcoin’s entire lawsuit against Proton Management Ltd. and its employees on June 1, 2026, after Swan admitted in parallel UK proceedings that it never owned the mining assets and trade secrets at the center of its claims. Case Collapses on Its Own Premise Swan filed the original suit in California

1 Jun 2026, 19:20

US Dollar Steadies as Markets Brace for Data-Heavy Week and ISM Test – TD Securities

BitcoinWorld US Dollar Steadies as Markets Brace for Data-Heavy Week and ISM Test – TD Securities The US dollar is entering a pivotal week as a dense calendar of economic data releases is expected to shape near-term interest rate expectations and the outlook for the manufacturing sector, according to analysts at TD Securities. Data-Heavy Calendar in Focus This week, traders and policymakers are closely watching a series of reports including consumer confidence, durable goods orders, and the latest personal consumption expenditures (PCE) price index. These figures come at a time when the Federal Reserve has signaled a cautious approach to rate adjustments, balancing inflation concerns with signs of a cooling labor market. TD Securities strategists note that the dollar’s recent range-bound trading reflects market uncertainty about the pace of future rate cuts. A stronger-than-expected reading on core inflation or consumer spending could reinforce the case for a delayed easing cycle, potentially boosting the greenback. ISM Manufacturing Data as a Key Catalyst The highlight of the week is likely the Institute for Supply Management (ISM) manufacturing index, due later in the week. This report is considered a critical gauge of industrial health and a leading indicator for broader economic momentum. According to TD Securities, the ISM data will be particularly important for the dollar’s trajectory. A print above 50, signaling expansion, would suggest resilience in the manufacturing sector and could support the dollar by reducing expectations of aggressive rate cuts. Conversely, a contractionary reading below 50 would likely reinforce dovish bets, pressuring the currency. What This Means for Markets For currency markets, the interplay between inflation data and growth indicators is crucial. If the data this week shows that the economy is slowing without a sharp drop in inflation, the dollar could face headwinds as markets price in a more accommodative Fed. However, if inflation remains sticky while growth holds up, the dollar may strengthen as rate cut expectations are pushed further out. TD Securities emphasizes that the current environment is one of high sensitivity to data surprises. With positioning already stretched in some currency pairs, any deviation from consensus could trigger significant volatility. Conclusion As the US dollar navigates a week packed with high-impact economic releases, the ISM manufacturing report stands out as a potential turning point. TD Securities’ analysis underscores the importance of these data points in shaping the near-term outlook for interest rates and the currency’s direction. Traders should prepare for potential swings as each release provides fresh clues about the health of the US economy and the Fed’s next move. FAQs Q1: Why is the ISM manufacturing report important for the US dollar? The ISM report is a leading indicator of economic health. A strong reading suggests a resilient economy, which can reduce expectations for Fed rate cuts and support the dollar. A weak reading has the opposite effect. Q2: What other data is being watched this week? Key releases include consumer confidence, durable goods orders, and the PCE price index. These provide insights into consumer spending, business investment, and inflation trends. Q3: How could this data affect interest rate expectations? If data shows persistent inflation or strong growth, the Fed may delay rate cuts, which is positive for the dollar. If data points to a slowing economy with cooling inflation, rate cut expectations could rise, weakening the dollar. This post US Dollar Steadies as Markets Brace for Data-Heavy Week and ISM Test – TD Securities first appeared on BitcoinWorld .

1 Jun 2026, 19:15

Death to Liquidations: Vitalik Pitches Options-Based DeFi

Ethereum co-founder Vitalik Buterin has proposed a radical architectural overhaul for decentralized finance (DeFi) that aims to eradicate catastrophic flash liquidations.