hodler

26 May 2026, 15:33

Indonesia Blocks Polymarket After Bets on President’s Early Departure

The ban came on the heels of markets linked to the early departure of Indonesian President Prabowo Subianto.

26 May 2026, 15:32

Peter Schiff says Michael Saylor is ‘running out of cash’

Peter Schiff, chief economist and global strategist at Europac, has raised the alarm over Strategy Inc.’s (NASDAQ: MSTR ) plan to use some of its cash reserves to retire part of its debt. On May 26, Schiff raised his concerns after Strategy used $1.38 billion in cash reserves to repurchase $1.5 billion worth of convertible notes due in 2029. With Strategy now holding a cash reserve of approximately $871 million, Schiff questioned whether it has enough capital to sustain its aggressive Bitcoin ( BTC ) accumulation plan. “You’re running out of cash. What will you sell next to keep the wheels from falling off?” Schiff replied to Michael Saylor’s X post. Previously, Schiff had argued that Saylor has been running a ponzi scheme to accumulate more BTC. As such, Schiff predicted that Saylor could ultimately suspend dividends and let STRC preferred stock crash rather than sell Bitcoin to honor obligations to investors. The economist made these claims after Saylor admitted during Strategy’s Q1 2026 earnings call that the company could sell Bitcoin if needed to fund STRC dividend payments. What’s Saylor’s defense against Schiff’s claims? However, Strategy’s latest capital update appears to contradict Schiff’s concerns. The company retired $1.5 billion in debt for just $1.38 billion, saving roughly $120 million. As a result, its total convertible debt fell from $8.2 billion to $6.7 billion. The company then raised $2 billion through fresh STRC sales and used the proceeds to purchase an additional 24,869 Bitcoin. Year-to-date, the company has generated a BTC dollar gain of $6.8 billion and a BTC Yield of 13.3%. “These transactions demonstrate the optionality we have built into Strategy’s capital structure and our dynamic, multi-variate capital allocation model. We remain focused on increasing Bitcoin Per Share for our common shareholders over the long term while maintaining a fortress balance sheet for our Digital Credit investors,” Saylor stated . Consequently, Saylor’s capital machine appears to be running strong, accumulating more BTC. As of press time, the company held 843,738 BTC, valued at approximately $65 billion. The post Peter Schiff says Michael Saylor is ‘running out of cash’ appeared first on Finbold .

26 May 2026, 15:29

Circle mints $250 million in new USDC on Solana

🚨 Circle minted $250 million in new $USDC tokens on Solana. Fresh supply sent liquidity surging across DeFi and trading platforms. Continue Reading: Circle mints $250 million in new USDC on Solana The post Circle mints $250 million in new USDC on Solana appeared first on COINTURK NEWS .

26 May 2026, 15:23

Bitcoin price stays below $78K as Iran tensions shake crypto markets

Bitcoin (BTC) has remained under pressure below $78,000 after renewed US military action near the Strait of Hormuz and persistent Federal Reserve uncertainty pushed traders out of risk assets while institutional Bitcoin products recorded another wave of heavy outflows. According to CoinGecko data, Bitcoin briefly dropped below $77,000 on Tuesday after overnight US strikes targeted missile launch sites and mine-laying vessels in southern Iran. US Central Command has described the operation as a defensive action meant to protect military personnel near the Strait of Hormuz, while Iranian officials reportedly condemned the strikes and warned of retaliation. Markets reacted quickly as investors moved toward traditional safe-haven assets amid fears that the conflict could expand beyond isolated military operations. Although peace discussions reportedly continued in Qatar, traders pulled back from aggressive crypto positioning as uncertainty returned to global markets. At the same time, pressure from the macroeconomic side has continued to weigh on sentiment. Persistent inflation data and recent comments from Federal Reserve officials have kept expectations centered around a prolonged high-interest-rate environment. Analysts said higher Treasury yields continue to reduce demand for speculative assets such as Bitcoin, especially while the timing of potential rate cuts remains unclear. Bitfinex analysts said the market risks remain trapped between $72,000 and $82,000 unless stronger institutional demand returns. According to the firm, Bitcoin has spent several sessions below the Short-Term Holder Realized Price near $78,600, leaving many recent buyers at a loss and increasing the likelihood that rallies toward breakeven levels could attract selling. Meanwhile, institutional fund flows have also weakened. CoinShares reported that global crypto exchange-traded products recorded $1.5 billion in outflows, while Bitcoin-focused investment products posted their largest weekly redemptions of 2026. Analysts said the withdrawal of institutional liquidity has left the market more vulnerable to sudden downside moves during periods of geopolitical stress. Glassnode’s latest weekly report showed Bitcoin falling from around $79,000 to nearly $74,000 last week before recovering toward the $77,000 region. The firm said spot trading volume declined 10% during the move, while price momentum weakened 21.7%. Even so, Glassnode noted that funding payments tied to long positions jumped 135.4%, showing traders continued adding bullish derivatives exposure despite reduced market activity. Elsewhere, Bitfinex analysts said margin long positions on the exchange climbed to 82,681 BTC last week, the highest level since November 2023. The firm said leveraged positioning has risen 88% from the lows recorded in July 2025, a setup that previously appeared during extended market drawdowns. Bitcoin price analysis On the daily chart, Bitcoin continues trading between its 20-day and 50-day exponential moving averages after failing to reclaim resistance near the 200-day EMA around $81,400. BTC/USD 1-Day price chart. Source: TradingView. Recent candles show buyers defending the $76,800 region repeatedly, while rallies toward $79,000 have struggled to hold. Volume has also remained relatively muted compared to the heavy activity recorded during February’s sharp selloff, which suggests traders are still waiting for stronger macro direction before committing to larger positions. The RSI on the daily timeframe currently sits near 48, close to neutral territory after pulling back from overbought conditions earlier this month. Momentum has weakened over the past two weeks, but the indicator has not yet entered oversold territory, leaving room for another move in either direction. From a structural standpoint, the chart still shows Bitcoin holding above the key $74,000 support area highlighted by trader VeLLa Crypto. BTC/USDT price chart. Source: VeLLa Crypto on X. According to the analyst, a break below that level would weaken the medium-term bullish setup and place sellers back in control. While short-term conditions remain unstable, deeper on-chain supply data has stayed comparatively firm. Bitfinex analysts said exchange reserves continue hovering near a seven-year low of 2.21 million BTC, while long-term holder supply remains around 14.43 million BTC. Those metrics do not currently show the type of aggressive distribution usually associated with prolonged bear markets, the firm noted. Analysts eye $220k target for Bitcoin Looking further ahead, market watchers were also keeping an eye on a multi-year cup-and-handle formation on Bitcoin’s weekly chart. According to fellow analyst Crypto Tice, Bitcoin has already completed the handle portion of the pattern after successfully retesting the $65,000 to $74,000 neckline region. https://twitter.com/CryptoTice_/status/2058850572040904986 According to the analyst, the setup carries a minimum upside target of $220,000 if the breakout structure remains intact. The post Bitcoin price stays below $78K as Iran tensions shake crypto markets appeared first on Invezz

26 May 2026, 15:21

Solstice denies insider-selling claims after SLX launch volatility

SLX swung sharply after launch as users questioned wallet activity, airdrop allocations, and vesting structures tied to Solstice’s token rollout.

26 May 2026, 15:18

BTC spot markets stay flat while Options traders expect chaos

BTC markets are posting diverging signals on the upcoming implied volatility of the leading coin. At the same time, options traders signal their expectation for an eventual turbulent event. BTC has traded in a relatively tight range between $75,000 and $78,000 so far with no dramatic breakouts or signs of capitulation. Spot markets remain subdued, while options signal a much higher potential volatility. The leading crypto coin held at $76,743.42, losing the $77,000 level on Tuesday. Trading sentiment remains fearful, though open interest has somewhat recovered. Traders remain set for more significant price moves, as BTC levels respond to geopolitical uncertainty. BTC spot volumes have not recovered from the 2025 crash According to Cryptoquant analysis, BTC spot volumes have not recovered from the event of October 10, 2025. The spot market is also showing signs of further cooling down from its multi-year lows. BTC spot volumes cooled further in May, after a period of neutral trading. | Source: Cryptoquant Spot volumes are now permanently 81% down since the market crash event. Historically, BTC spot volumes at this level correspond to bear market periods. As Cryptopolitan reported earlier, whales hold unrealized losses, while retail traders capitulated. As of May 2026, BTC spot volumes are similar to the 2022-2023 bear market. Most of the spot activity is concentrated on Binance, with $34.6B in monthly volumes. In October 2025, spot volumes exceeded $198M. Volumes on Gate have dropped by 79.6%, while Bybit spot activity is down by 66%. BTC spot trading slowed down since the end of 2025, leading to stagnant volumes and low historical volatility. | Source: Coinglass The slow spot market reflects the overall outflow from cryptocurrencies. Investment responded negatively to inflation and uncertainty, as traders moved to risk-off assets or promising stock narratives. The slow spot market also means there is limited selling pressure, leaving BTC within a relatively high trading range. Options and derivative markets bet on higher volatility BTC volatility has fallen to 1.3% in the past two months, and as low as 1% in the past 30 days. However, options positioning tells another story. Forward-looking traders are expecting much higher volatility. Recently, the BTC implied volatility spread rose to 34.23%, compared to a historical level of 15%. The disparity signals options traders are positioning themselves for a more turbulent move. BTC is also preparing for its monthly options expiration event on Friday, where traders aimed to protect from downside moves. Based on open interest, options traders set up protection at three key BTC levels – $75,000, $71,000 and the most dramatic downside event at $61,000. On the upside, options traders have set up put options liquidity above $78,000, and the most liquid position is at $80,000. BTC futures open interest remains around $24B, with positions suggesting peak short open interest at $78,000 and long positions clustering around $75,000, based on the BTC liquidation heatmap . The disparity with spot markets suggests options and futures traders still see a chance of earning from directional moves. At the same time, spot holders are neither buying nor capitulating, while waiting for a clearer price direction signal. If you're reading this, you’re already ahead. Stay there with our newsletter .