Day: May 5, 2026

Hyperliquid Whale Bets $1.31M on TON at 6x Leverage as Bitcoin Eyes Fresh Highs

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Key Takeaways: A new Hyperliquid wallet opened a 6x TON long worth $1.31M on May 5, with a $1.42 liquidation price. The trade signals elevated risk appetite as bitcoin surged past $81,000 for the first time since January. Hyperliquid has continued attracting large traders after launching its HIP-4 prediction markets on May 2. A Trader Who Wasted No Time Minutes after creating a fresh wallet address on Hyperliquid, the anonymous trader loaded it with capital and went long on toncoin (TON), the native asset of The Open Network blockchain. Onchain…

Bitcoin Long-Term Holders Ramp Up 330,000 BTC as the Next Big Resistance Sits at $84K

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Bitcoin (BTC) rose as much as 2% over the past 24 hours to an intraday high of $81,300 on Tuesday. This brings the weekly and 30-day gains to 5% and 21%, respectively. This rally was accompanied by buying from long-term holders, who have added more than 330,000 BTC over the past month, according to data from CryptoQuant. Key takeaways: Long-term Bitcoin holders added 331,000 BTC over the past 30 days. Spot Bitcoin ETFs have seen a total of $1.18 billion in net inflows over the last three days. Bitcoin’s bull…

This Ethereum Analysis Says BUY BEFORE IT’S TOO LATE! Ethereum Technical Analysis 2026

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Massive $1.9 Million Loss Nukes 11 Winning Bitcoin Trades for Whale

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Key Takeaways: Wallet 0x004e closed a 700 BTC short on May 5, booking a $1.94M loss on a single trade. The loss erased $1.71M earned across 11 consecutive profitable bitcoin short positions. Bitcoin’s push above $81,000 triggered a broad short squeeze, forcing leveraged bears to cover losses. The Math Behind the Wipeout The trader had closed a 700 BTC short valued at $56.68 million, exiting at a $1.94 million loss. The net result across all 12 trades was a negative total PnL of roughly $230,000. Eleven wins wiped out by…

Innovation City Launches Blockchain Business ID System in UAE

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Innovation City, a Ras Al Khaimah-based free zone focused on artificial intelligence and Web3, has launched what it claims is the first blockchain-based digital business identity system. According to a Monday release shared with Cointelegraph, every company registered in Innovation City receives a sovereign, cryptographically verifiable identity issued on OPN Chain, the public blockchain infrastructure developed by United Arab Emirates-based IOPn. The release said this turns the business license from a static PDF or database entry into a dynamic onchain asset designed to reduce reliance on centralized intermediaries and cut…

Solana, TRON, XRP, and BNB Make Debut at Moscow Exchange, These Top Altcoins Will Follow

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Russia’s Moscow Exchange (MOEX) will begin publishing four new cryptocurrency indexes — tracking Solana, XRP, TRON, and BNB — starting May 13, 2026, marking the first time the country’s leading securities exchange has extended its regulated crypto benchmark suite beyond Bitcoin and Ethereum.  Related Reading The development, first reported by Russian crypto outlet bits.media and confirmed by Wu Blockchain, represents the second phase of what MOEX has framed as a longer-term buildout of its digital asset infrastructure. Russia’s Largest Securities Exchange to Launch SOL, XRP, TRX and BNB Crypto Indexes…

Iran Launches Missiles At UAE — Bitcoin Price Barely Blinks

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Coinbase To List Midnight? Charles: “I Think Soon.” Angry Crypto Reacts

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cardano $ADA 24h trade volume surpasses $530M according to CoinGecko. CoinMarketCap ranks Cardano $ADA as the 10th most bullish community sentiment and the 9th most bullish daily trending. Cardano’s TVL now surpasses 536M $ADA according to DeFiLlama. Binance Academy highlights Cardano Fundamentals, a free course developed by Cardano Foundation and Binance Academy on $ADA’s key differentiators and real-world applications, including a certificate of completion. A bi-directional bridge between Cardano $ADA and Midnight $NIGHT is “coming very soon,” developed by OneAm, the “privacy-first…

Why is Crypto Up Today? Bitcoin Price Faces ‘Real Test’ At This Key Level

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Bitcoin and major cryptocurrencies have staged a notable recovery over the past two weeks, with BTC climbing back toward the $80,000 area from lows near $75,000 — a move underpinned by renewed institutional demand and easing geopolitical risk, according to the market insights team at QCP Capital, one of Asia’s largest digital asset trading firms. Related Reading The broader crypto market has moved in step with the recovery. Ethereum, XRP, and Solana have each posted gains alongside Bitcoin over the period, reflecting a return of risk appetite across the digital…

UAE’s Innovation City Rolls Out Blockchain Business IDs on OPN Chain

Joerg Hiller May 05, 2026 09:56 Innovation City in UAE launches blockchain-based business IDs on OPN Chain, aiming to streamline verification and reduce reliance on centralized systems. Innovation City, a free zone in Ras Al Khaimah focused on AI and Web3, has launched the first blockchain-based digital business identity system on OPN Chain. This move aims to streamline company verification processes and reduce dependency on centralized registries, signaling a wider push in the UAE for blockchain-native solutions. Under this new framework, all…