hodler

26 May 2026, 06:30

Tether Partners With Georgia Government to Launch GELT Stablecoin

Tether plans to introduce GELT, a Georgian lari-backed stablecoin developed with support from the Georgian government. The initiative positions Georgia among the first countries to integrate a national currency directly into blockchain-based financial infrastructure under a dedicated regulatory framework. Georgia Positions Itself as Crypto Hub Through Tether Stablecoin Partnership Tether is preparing to launch a

26 May 2026, 06:30

Mapping Akash Network’s [AKT] road to $1 and what can stop it

Trading above $1 may be a possibility for AKT token.

26 May 2026, 06:25

BitGo CEO: Bitcoin’s True Bull Case Lies in Failing Trust in Fiat, Not Rate Cuts

BitcoinWorld BitGo CEO: Bitcoin’s True Bull Case Lies in Failing Trust in Fiat, Not Rate Cuts Mike Belshe, CEO of digital asset custody firm BitGo, has challenged a prevailing narrative in cryptocurrency markets, asserting that the primary driver for Bitcoin’s (BTC) long-term value is not the prospect of lower interest rates, but rather a deeper erosion of public trust in traditional fiat currencies. Monetary Policy Shift and the Dollar’s Credibility Belshe’s comments, shared on social media platform X, came in response to the appointment of Kevin Warsh as the new Chairman of the Federal Reserve. Warsh, a former Fed governor, has been a vocal critic of quantitative easing (QE) and the central bank’s history of large-scale asset purchases. Belshe argued that if Warsh is sincere in his criticisms, the reflexive use of expansionary monetary policy to address economic challenges may come to an end. The CEO outlined two distinct scenarios stemming from this leadership change. In the first, a successful restoration of confidence in the U.S. dollar under Warsh would be a positive development for the stability of the global financial system. In the second, a failure to restore that trust would serve as definitive proof that the existing monetary framework is fundamentally broken, creating a powerful catalyst for Bitcoin adoption. The Hard Money Thesis in a Binary Outcome Belshe’s analysis frames the future of Bitcoin within a binary outcome that, in his view, leads to the same conclusion. “Hard money wins in either scenario,” he stated, referring to assets like Bitcoin that have a fixed or algorithmically determined supply, immune to government or central bank inflation. This perspective suggests that whether the dollar strengthens or weakens, the fundamental appeal of a decentralized, non-sovereign store of value remains intact. This argument adds a nuanced layer to the ongoing debate about Bitcoin’s role as a hedge against inflation and monetary debasement. While many market participants focus on the Federal Reserve’s interest rate decisions as a primary driver for risk assets like cryptocurrencies, Belshe’s commentary shifts the focus to a more structural, trust-based concern. Implications for Investors and the Broader Market For investors, this analysis implies that Bitcoin’s value proposition may be less correlated with traditional macroeconomic cycles than previously assumed. If the core bull case is indeed about eroding trust in fiat, then short-term interest rate fluctuations become less relevant. The focus instead turns to long-term fiscal and monetary credibility. The appointment of a new Fed chair who is skeptical of QE introduces a variable that could either strengthen the dollar or accelerate its decline in public confidence, with Bitcoin positioned to benefit from the latter. This perspective is particularly relevant as global debt levels remain high and central banks worldwide grapple with inflationary pressures. Belshe’s comments serve as a reminder that for many proponents, Bitcoin is not merely a speculative asset but a bet against the long-term sustainability of the current fiat-based system. Conclusion Mike Belshe’s remarks offer a distinct and thought-provoking lens through which to view Bitcoin’s future. By centering the argument on trust in fiat currency rather than interest rate policy, he challenges market participants to consider deeper, structural drivers of value. Whether or not Chairman Warsh succeeds in restoring confidence in the dollar, Belshe’s analysis underscores a core tenet of Bitcoin’s original thesis: that hard money, by its very nature, remains a compelling alternative in times of monetary uncertainty. FAQs Q1: Why does Mike Belshe believe interest rate cuts are not the main driver for Bitcoin’s price? A1: Belshe argues that Bitcoin’s core value proposition is tied to the erosion of trust in fiat currency systems, not short-term changes in interest rates. He believes that the fundamental question is whether people trust the dollar, not whether the Fed cuts rates. Q2: Who is Kevin Warsh and why is his appointment relevant to Bitcoin? A2: Kevin Warsh is the newly appointed Federal Reserve Chairman. He is known for his criticism of quantitative easing. Belshe suggests that if Warsh successfully restores trust in the dollar, it stabilizes the system, but if he fails, it proves the system is broken, which would be bullish for Bitcoin. Q3: What does ‘hard money’ mean in the context of this article? A3: ‘Hard money’ refers to assets like Bitcoin that have a fixed or algorithmically controlled supply that cannot be increased by governments or central banks. This makes them resistant to inflation and debasement, contrasting with fiat currencies that can be printed at will. This post BitGo CEO: Bitcoin’s True Bull Case Lies in Failing Trust in Fiat, Not Rate Cuts first appeared on BitcoinWorld .

26 May 2026, 06:20

South Africa Moves to Clarify Crypto Regulations, Extends Public Comment Period

BitcoinWorld South Africa Moves to Clarify Crypto Regulations, Extends Public Comment Period The South African government and its central bank are taking steps to bring greater clarity to the country’s cryptocurrency regulatory landscape, according to a report from local media outlet IOL. In a joint statement updating the draft Capital Flow Management Regulations, the National Treasury and the South African Reserve Bank (SARB) announced an extension of the public comment period to June 30, 2026. Key Details of the Draft Regulations The statement explicitly noted that the proposed regulation is not intended to criminalize the holding of cryptocurrencies. Furthermore, the rules will not be applied retroactively, a move designed to reassure current holders and market participants. This clarification addresses a common concern in emerging regulatory frameworks where ambiguity can lead to market uncertainty. Cross-Border Framework in Development Alongside the capital flow regulations, the Treasury and SARB indicated that a draft manual for a cross-border crypto transaction framework will be released for public consultation. This manual is expected to include formal definitions for cross-border crypto transactions and outline the specific obligations of officially authorized crypto service providers operating within South Africa. Why This Matters for the Crypto Industry South Africa has been working to establish a clear regulatory environment for digital assets for several years. The Financial Sector Conduct Authority (FSCA) previously declared crypto assets as financial products, bringing them under existing regulatory oversight. This latest move by the Treasury and SARB targets the capital flow and cross-border aspects, which have been a gray area. By extending the comment period to mid-2026, authorities are signaling a deliberate, consultative approach that prioritizes industry feedback before finalizing rules. Conclusion The extended comment period and explicit assurances regarding retroactivity and criminalization provide a more predictable path for crypto businesses and investors in South Africa. The forthcoming cross-border framework manual will be a critical document for licensed service providers, defining how international crypto transactions are treated under South African law. The industry will be watching closely as the June 2026 deadline approaches. FAQs Q1: Will the new South African crypto regulations apply to past transactions? No. The Treasury and central bank have stated the regulations will not be applied retroactively. Q2: Does the regulation make holding cryptocurrency illegal in South Africa? No. The government explicitly clarified that the regulation is not intended to criminalize cryptocurrency holdings. Q3: When is the public comment period for these regulations open until? The public comment period has been extended to June 30, 2026. This post South Africa Moves to Clarify Crypto Regulations, Extends Public Comment Period first appeared on BitcoinWorld .

26 May 2026, 06:19

Ondo Finance founder Nathan Allman dies unexpectedly at 32

🕯️ Nathan Allman, founder of $ONDO, has died at 32. He pioneered blockchain tokenization of real-world assets worth $3.86 billion. Continue Reading: Ondo Finance founder Nathan Allman dies unexpectedly at 32 The post Ondo Finance founder Nathan Allman dies unexpectedly at 32 appeared first on COINTURK NEWS .

26 May 2026, 06:15

BTC Perpetual Futures Sentiment Holds Near Even as Bybit Shows Slight Short Bias

BitcoinWorld BTC Perpetual Futures Sentiment Holds Near Even as Bybit Shows Slight Short Bias The long-to-short ratio for Bitcoin perpetual futures on the world’s three largest crypto derivatives exchanges by open interest has remained nearly balanced over the past 24 hours, signaling a market without a clear directional bias. Data aggregated from Binance, OKX, and Bybit shows an overall split of 49.93% long positions and 50.07% short positions, reflecting a tightly contested sentiment among leveraged traders. Exchange-Level Breakdown Reveals Subtle Divergences While the aggregate figure suggests equilibrium, individual exchange data reveals minor but noteworthy variations in trader positioning. On Binance, the largest exchange by open interest, long positions accounted for 50.31% of perpetual contracts, against 49.69% short. OKX recorded a slightly more bullish tilt, with 50.72% long versus 49.28% short. Bybit, however, showed a lean toward bearish sentiment, with 48.97% long and 51.03% short. These differences may reflect varying user bases, margin requirements, or liquidity conditions across platforms. Bybit’s short bias, while small, is the most distinct deviation from the mean and could indicate that a segment of traders on that exchange is hedging against near-term downside. Why This Data Matters for Traders Long/short ratios are a widely watched metric in crypto derivatives markets, offering a real-time snapshot of trader positioning. When ratios skew heavily in one direction, it can signal overcrowding and potential for a liquidation cascade if the market moves against the majority. Current near-even readings suggest the market is not overextended, which may reduce the probability of a sharp, forced unwind. However, perpetual futures carry funding rates that can shift costs for holding positions over time. With sentiment this balanced, funding rates are likely to remain low, making it cheaper for traders to maintain positions in either direction. Implications for Broader Market Direction The lack of a strong directional bet in perpetual futures does not necessarily predict a quiet price action. Bitcoin’s spot market has seen periods of low leverage positioning followed by sudden volatility. Traders should monitor these ratios alongside open interest levels and funding rates for a more complete picture. A sudden shift in any of these metrics could precede a breakout or breakdown. Conclusion The 24-hour long/short data from Binance, OKX, and Bybit shows Bitcoin perpetual futures traders are evenly split, with Bybit carrying a slight short bias. The absence of extreme positioning suggests a market in wait-and-see mode, though traders should remain alert to rapid changes in leverage and sentiment that often precede significant price moves. FAQs Q1: What is a long/short ratio in perpetual futures? A: It measures the percentage of open positions that are long (betting on price increase) versus short (betting on price decrease) for a specific contract. A ratio near 50/50 indicates balanced sentiment. Q2: Why does Bybit’s ratio differ from Binance and OKX? A: Each exchange has a unique user base and trading environment. Differences in margin requirements, liquidity, and regional user preferences can lead to slight variations in positioning. Q3: How often is this data updated? A: The data presented is a 24-hour snapshot. Most major exchanges update their long/short ratios in real-time or at regular intervals, allowing traders to track shifts throughout the day. This post BTC Perpetual Futures Sentiment Holds Near Even as Bybit Shows Slight Short Bias first appeared on BitcoinWorld .