Category: Other Crypto News

HYPE Is Up 130% In 2026 — But This Top Analyst Sees A Dangerous Setup Forming Around $60

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Hyperliquid’s HYPE token has surged 55% in a single week and delivered more than 130% in year-to-date returns — but prominent crypto analyst Ali Martinez (@alicharts) is warning that the asset is now approaching a critical resistance zone with multiple technical indicators flashing sell signals simultaneously, a setup he says could trigger a retracement toward $40 if momentum fades at current levels. Related Reading In a post on X, Martinez laid out the technical case with precision. Three converging signals are appearing on HYPE at the same time: the TD…

Polymarket seeks Japan entry despite gambling law hurdles: Report

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Polymarket is reportedly seeking entry into Japan amid falling trading volumes and rising regulatory scrutiny, targeting approval by 2030. Polymarket, a global prediction market platform, is reportedly seeking entry into Japan amid growing regulatory scrutiny of the sector worldwide. The company has appointed Mike Eidlin, head of Japan at crypto firm Jupiter, to lead its local efforts and is preparing to lobby for authorization of prediction markets in the country, Bloomberg reported Friday, citing people familiar with the matter. Polymarket is targeting government approval in Japan by 2030, viewing the…

XRP Sees 4th-Largest Wallet Growth Spike Of 2026: Santiment

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XRP registered one of its strongest network-growth bursts of the year, with Santiment reporting 4,300 new wallets created in 24 hours, the fourth-largest spike of 2026. The analytics firm said the move matters because “network growth is among the top leading signals to identify reversals,” placing the wallet surge alongside a set of on-chain metrics that suggest XRP is trading in a lower-risk zone than usual. XRP daily created wallets | Source: X @SantimentData Santiment Points To Undervalued Setup For XRP The data point was also shared by Santiment’s Brian…

Polymarket-Linked UMA Adapter Exploited For at Least $520K

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Polymarket confirmed a security exploit affected part of its infrastructure, pointing to a possible private key compromise involving a wallet used for top-up operations, while saying user funds and market resolution were safe. In a Friday X post, Polymarket developers said contracts and core infrastructure were unaffected. Polymarket product lead Akanshu Jain and multiple other Polymarket employees also said user funds and market resolution are safe. Blockchain investigator ZachXBT first flagged the exploit as a compromise to the Polymarket-linked UMA Conditional Tokens Framework (CTF) Adapter contract on Polygon, with the…

Verus Bridge Hacker Returns $8.5M ETH, Keeps $2.8M as Bounty

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The attacker behind the Verus bridge exploit has returned 4,052 Ether, worth about $8.5 million, to the project’s team wallet after Verus offered a 1,350 ETH bounty for the recovery of most of the stolen funds. The return represents about 75% of the stolen funds, with the exploiter retaining 1,350 Ether (ETH), worth about $2.8 million as a bounty, according to blockchain security firm PeckShield on Friday. Verus had offered the bounty a day earlier, saying it would treat the retained ETH as a reward if the exploiter returned 4,052.4…

Bitcoin Posts a Record 90-day Comeback as Analyst Questions BTC Bear Market

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Bitcoin (BTC) has trended up for 90 days and is seeing a “bull market rally,” analysis says. Key points: Bitcoin has trended up for 90 days within its bear market — something that has never happened before. Analysis thus sees price as being in a “bull market rally,” with February’s macro lows untouched. Separate commentary calls for a reclaim of the weekly supertrend nearer to $90,000 to confirm that bulls are back. Bitcoin internal bear-market uptrend makes history In a post on X on Thursday, trader and analyst Matthew Hyland…

Hamilton ETFs Proposes Leveraged Bitcoin Covered-Call ETF

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Hamilton ETFs filed a preliminary prospectus in Canada for an actively managed Bitcoin income exchange-traded fund (ETF) that would use leverage and short-term options strategies to generate yield alongside Bitcoin exposure. The proposed Hamilton Enhanced Bitcoin DayMAX ETF would use covered-call strategies and leverage capped at roughly 25% of net asset value. The strategy is designed to generate income by collecting premiums from short-term options contracts tied to Bitcoin (BTC) price movements. The fund is intended to combine Bitcoin exposure with monthly income generation. The company said the ETF would seek…

IHC Executes $30M DDSC Stablecoin Transfer on ADI Chain

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The International Holding Company (IHC) executed a 110 million dirham ($30 million) transaction using the DDSC stablecoin on ADI Chain. The company described the transfer as one of the largest disclosed stablecoin transactions executed in the United Arab Emirates. The transaction follows recent approval from the UAE central bank for the dirham-backed stablecoin ecosystem launched by IHC, First Abu Dhabi Bank and Sirius International Holding. DDSC operates on ADI Chain, a layer-2 blockchain developed by ADI Foundation. According to the announcement, the system is designed for institutional use cases including cross-border payments, treasury operations…

New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’

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Binance pool miner reserves slipped from 41,987 to 41,915 in May, a small but telling sign that selling pressure from miners has not fully stopped. Crypto analysts said that because Binance Pool controls a major share of global hash rate, its behavior tends to reflect how Bitcoin miners feel before the broader market catches on. Related Reading The Miner Position Index remains below historical panic-selling levels, and the Puell Multiple — a gauge of miner revenue relative to long-term averages — is still under one. Analysts described the current miner…

SEC Tokenized Stocks Risk Market Fragmentation

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The US Securities and Exchange Commission’s move to allow third parties to list tokenized stocks could risk two structural disruptions with liquidity and revenue fragmentation, according to Tiger Research. Liquidity fragmentation may occur as capital disperses from centralized exchanges across multiple blockchain platforms, said Tiger Research director and head of research Ryan Yoon on Friday. “Traditional finance views the breakup of its previously consolidated, centralized liquidity as a serious structural threat,” said Yoon. When third parties tokenize the same listed stock across different blockchain networks and decentralized platforms, the trading…