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Bernstein Sees Prediction Markets Go Institutional After First Block Trade

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Bernstein Sees Prediction Markets Go Institutional After First Block Trade

Prediction markets are evolving from retail speculation platforms into institutional-grade financial instruments, driven by demand for precise macro hedging and clearly defined binary outcomes, according to a May 4 report by Bernstein.

The report highlights why institutional investors may find these markets attractive — namely, they allow users to hedge specific event risks, such as tariffs, elections and geopolitical developments, using contracts that resolve to simple yes-or-no outcomes.

Bernstein pointed to the first bespoke institutional block trade executed on Kalshi last week as a key milestone. A block trade refers to a privately negotiated, large transaction typically arranged between institutional counterparties.

The deal was brokered by Greenlight Commodities and involved a Houston, Texas-based environmental hedge fund and Jump Trading as the liquidity provider. The custom contract was tied to the clearing price of California’s May carbon allowance auction, illustrating how prediction markets can be tailored to specific client needs.

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“We believe the introduction of block trading and bespoke contracts could expand participation from institutional investors seeking targeted exposure to event risks,” wrote the Bernstein analysts. 

Separately, Bernstein said Clear Street’s partnership with Kalshi gives institutional investors a regulated way to access prediction markets, allowing them to trade these contracts alongside traditional assets like stocks and futures.

Listing of Kalshi’s largest active event contracts by volume. Source: Bernstein

Related: US Senate bans itself from betting on prediction markets

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Retail leads prediction markets as institutional interest grows

The shift toward institutional adoption is notable given that prediction markets are still largely driven by retail activity. A recent report by Bitget Wallet and Polymarket found that retail users accounted for more than 80% of the $25.7 billion in prediction market volumes recorded in March.

Greater institutional participation could accelerate the market’s growth, with Berinstein projecting that prediction markets could evolve into a trillion-dollar industry by the end of the decade.

Prediction market trading volumes topped $25 billion in March. Source: Bitget Wallet

Regulatory momentum in the United States is also shaping the sector’s trajectory, though the landscape remains uneven. 

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Kalshi operates as a federally regulated exchange under the Commodity Futures Trading Commission, while Polymarket received conditional approval in late 2025 to offer event contracts in the US through regulated channels.

Magazine: How to fix suspected insider trading on Polymarket and Kalshi

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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Ethereum Reclaims Key Level, But Can ETH Price Break $2.8K?

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Ethereum Reclaims Key Level, But Can ETH Price Break $2.8K?

Ether’s (ETH) surge to $2,390 on Monday pushed its value above its realized price, implying that the average holder of ETH is now back in profit. But is this enough for the ETH bulls to reach $3,000?

Key takeaways:

  • Ether holders are back in profit, increasing chances for more upside.
  • Ether’s bull flag chart pattern is targeting $3,000.
  • A big potential sell wall exists around $2,800, with 7.1 million ETH on the line.

Ether price rises above its cost basis

Data from TradingView shows that Ether’s price rose 21% to $2,340 on Monday from its local low of $1,940 reached on March 29.

This rally has seen ETH rise above its realized price, or the average cost basis of all moved ETH, currently at $2,320, according to data from Glassnode.

Related: Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

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The average ETH holder returning to profit after unrealized losses provides meaningful financial relief for many holders, and perhaps a bullish outlook.

Historically, breaking above this level shifts market sentiment from fear to greed, reducing sell pressure from underwater holders. This often fuels bullish momentum, attracting new buyers and short squeezes.

The chart below shows that when the price reclaimed its realized price in May 2025 after trading below it for roughly two months, it went on to rally 173% to its $4,950 all-time high from $1,800. The gains were 58% after ETH/USD reclaimed its cost basis in early 2023. 

Ethereum: Key pricing levels. Source: Glassnode

Therefore, holding above $2,300 is crucial for the bulls and for a potential retest at $3,000.

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Analyst Dami-Defi said that a break above the $2,400-$2,600 would trigger the “most violent move of the year” toward $3,000.

“Once we break $2,400 we will catapult violently to $2,800 – $3,000.”

ETH/USD weekly chart. Source: X/Dami-Defi

As Cointelegraph reported, the ETH/USD pair must overcome resistance at $2,400 to confirm a trend change.

ETH price technical analysis: Bull flag targets $3,000

Ether’s price action has formed a bull flag chart pattern on the daily chart (see below). The price is retesting the $2,350 resistance, where the flag’s upper boundary and the 100-day exponential moving average (EMA) converge. 

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A daily candlestick close above this level would open the way toward the measured target at $3,018, roughly 30% above the current price. 

ETH/USD 12-hour chart. Source: TradingView

The daily relative strength index has increased to 56 from near oversold conditions at 36 in late March, suggesting that ETH bulls are returning to the market.

Trader and analyst Cohelson David said a broadening wedge pattern on the 12-hour chart projects an ETH price breakout toward $3,000.

ETH/USD 12-hour chart. Source: X/Cohelson David

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However, Ether’s cost basis distribution data shows that investors hold about 7.1 million ETH at an average cost of between $2,750 and $2,850, creating a potential resistance zone.

This concentration suggests that many investors may sell at breakeven, potentially stalling Ether’s upward move.

Ethereum cost basis distribution chart. Source: Glassnode

This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

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Tether Gold (XAUT) Surpasses $3.3B Amid Rising Bullion Demand

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Tether Gold (XAUT) Surpasses $3.3B Amid Rising Bullion Demand

Tether’s tokenized gold product, Tether Gold (XAUt), saw reserves expand sharply in the first quarter as investor demand for bullion increased amid macroeconomic uncertainty ahead of the Iran war.

In its latest report, Tether said XAUt surpassed $3.3 billion in market capitalization during the first quarter, representing a 36% increase over the period.

The company disclosed that 707,741 XAUT tokens were in circulation at the end of the quarter, with each token backed by one troy ounce of physical gold held in reserve.

Tether attributed the growth to a broader “flight to hard assets” as investors sought refuge from geopolitical tensions and shifting monetary conditions.

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The increase comes amid a volatile quarter for gold. Prices climbed early in the year as investors moved into safe-haven assets, driven by geopolitical tensions and expectations that the Federal Reserve would begin cutting interest rates.

The precious metal later pulled back as immediate rate-cut expectations faded and the US dollar strengthened, reducing bullion demand. Some investors also locked in gains after the earlier rally, where prices briefly peaked above $5,500 a troy ounce. Gold was trading at around $4,500 per troy ounce at the time of reporting.

Year to date, XAUT’s US dollar price is up 4.37%, according to Yahoo Finance data.

Tether Gold (XAUt) market cap before the latest update. Source: CoinMarketCap

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Related: Bitwise launches actively managed ETF pairing Bitcoin with gold

Demand for tokenized commodities is on the rise

XAUT accounts for more than half of the tokenized gold market, having expanded by roughly $1.1 billion since the start of the year.

Its closest competitor, PAX Gold (PAXG), issued by Paxos, has a market cap of nearly $2.2 billion and is supervised by the New York State Department of Financial Services (NYDFS).

Together, the two tokens dominate a niche but growing segment of the digital asset market that aims to bring traditional commodities like gold onto blockchain rails.

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Their growth reflects rising demand for tokenized commodities, as investors look for easier ways to gain exposure to physical assets without handling storage or logistics. These tokenized products also allow gold to be traded around the clock and transferred globally, features that are not available in traditional bullion markets.

These assets sit within a broader market for tokenized real-world assets valued at nearly $31 billion, according to industry data.

The total market for tokenized real-world assets. Source: RWA.xyz

Related: Tokenized RWA market grows 420% since 2025 on regulatory clarity, access

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Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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Prediction Markets Enter Institutional Era After First Block Trade

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Crypto Breaking News

Prediction markets are transitioning from retail speculation platforms to institutional-grade financial instruments, driven by demand for precise macro hedging and clearly defined binary outcomes. A May 4 Bernstein report highlights how bespoke contracts and block trades are helping bridge the gap between retail-driven volatility and the risk management needs of institutions.

The report notes a notable milestone: the first bespoke institutional block trade executed on Kalshi last week. The privately negotiated transaction was arranged by Greenlight Commodities, with Jump Trading as the liquidity provider, and centered on the clearing price of California’s May carbon allowance auction. The example demonstrates how prediction markets can be tailored to meet specific client needs and risk appetites, beyond standard yes-or-no event contracts.

Bernstein analysts emphasize that the move toward block trading and bespoke contracts could broaden participation among investors seeking targeted exposure to event risks—ranging from tariffs and elections to geopolitical developments—while preserving the binary resolution structure that characterizes these markets.

Separately, Bernstein notes that institutional access to prediction markets is aided by infrastructure partnerships, such as Clear Street’s collaboration with Kalshi, which gives qualified investors a regulated pathway to trade these contracts alongside traditional asset classes like stocks and futures.

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Key takeaways

  • Bespoke contracts and large, privately negotiated block trades are unlocking institutional participation in prediction markets.
  • Regulated access channels are maturing, with Kalshi operating under the Commodity Futures Trading Commission and Polymarket moving toward US-enabled, regulated trading through conditional approvals.
  • Retail activity still dominates volume, but institutional demand could accelerate market growth and product innovation.
  • Real-world hedging applications are emerging, including contracts tied to specific regulatory events such as carbon allowance auctions.

Block trades and bespoke contracts open institutional doors

The California carbon allowance example demonstrates how tailor-made contracts can provide targeted risk hedging for institutions managing exposure to policy-driven events. The Kalshi block trade brokered by Greenlight Commodities linked to the May auction price illustrates how buyers can structure settlements around precise, verifiable outcomes rather than generic event bets. Bernstein’s analysis envisions a broader adoption curve where bespoke structures serve as a bridge between traditional risk management tools and emerging digital markets. As one analyst note from Bernstein states, “We believe the introduction of block trading and bespoke contracts could expand participation from institutional investors seeking targeted exposure to event risks.”

In parallel, the market is seeing infrastructure-backed paths to access. Bernstein highlights the partnership between Kalshi and Clear Street as a key development that could enable institutions to trade these contracts in a regulated, broker-dealer framework, integrating them into the broader suite of tradable assets available to professional desks.

Retail leads prediction markets as institutional interest grows

Despite growing institutional interest, retail activity continues to drive the sector’s scale. A Bitget Wallet and Polymarket report found that retail users accounted for more than 80% of the $25.7 billion in prediction-market volumes recorded in March, underscoring the sector’s retail-first dynamic despite signs of deeper liquidity support from professional traders.

Market watchers see the developing institutional framework as a potential accelerant for growth. Bernstein’s broader market outlook cites a potential expansion toward a trillion-dollar sector by the end of the decade, a view that CNBC coverage has echoed in recent reporting on the forecast for prediction markets.

Regulatory momentum in the United States continues to shape the trajectory, even as the landscape remains uneven. Kalshi operates as a federally regulated exchange under the Commodity Futures Trading Commission, while Polymarket has secured conditional approval to offer event contracts in the US through regulated channels.

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Despite the progress, the path forward will hinge on how regulators balance innovation with consumer protection and market integrity. The evolving ecosystem also faces questions about liquidity depth, price discovery, and risk controls as more institutions participate.

What comes next for the ecosystem

As institutions begin to test bespoke exposure and block-trade workflows, market participants will be watching for additional evidence of durable liquidity, robust hedging performance, and clearer regulatory guidelines across jurisdictions. The emergence of tailored contracts tied to concrete policy outcomes—such as carbon markets or electoral events—could concretize the usefulness of prediction markets for risk management. However, investors should remain mindful of evolving regulatory scrutiny and potential limitations on cross-border access, which could influence adoption pace and product design.

For readers tracking the sector, the next milestones to watch include more institutional block trades, broader access through regulated venues, and any shifts in US policy or international regulation that could impact how these markets price and settle event outcomes.

In the near term, the trajectory suggests a cautious but deliberate shift: retail volume remains the engine of growth, while institutional demand quietly shapes the next generation of prediction-market products and the platforms that host them.

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Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Polygon Launches Shielded USDC and USDT Payments

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Polygon Launches Shielded USDC and USDT Payments


The Polygon wallet now offers a “Privately Send” option that hides sender, receiver, and amount onchain, with KYT screening built into every transfer.

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Traders are doubtful Cohen’s GameStop can pull off monster eBay acquisition

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GameStop CEO Ryan Cohen $56B eBay offer: 'An opportunity to build a much larger business'
GameStop CEO Ryan Cohen $56B eBay offer: 'An opportunity to build a much larger business'

Prediction markets traders aren’t confident in GameStop’s ability to take over eBay, according to contracts launched on Monday. 

Traders on Kalshi give GameStop just a 26% chance to pull off the acquisition in 2026, though total trading volume on the new contract was low at just over $2,000. 

GameStop announced on Sunday that it was making a play to acquire the online marketplace in a cash-and-stock deal that valued the company at $55.5 billion. That valuation raised questions about how GameStop could finance its proposal. The video game retailer has a market cap of just under $11.9 billion.

In an appearance on CNBC’s “Squawk Box,” GameStop CEO Ryan Cohen didn’t disclose exactly how he planned on financing the deal, instead reiterating the makeup of the transaction.

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“We are offering half cash, half stock, and we have the ability to issue stock in order to get the deal done. But the full details of the offer are on our website,” Cohen said. “We will see what happens.”

Shares of GameStop fell nearly 8% on Monday in reaction to the proposal, while eBay jumped more than 5.5%. 

On Polymarket, traders were even less optimistic. Traders on that platform gave GameStop just a 15% chance at completing the takeover. 

CNBC’s Yun Li contributed reporting

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Disclosure: CNBC and Kalshi have a commercial relationship that includes a CNBC minority investment.

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BTC, ETH, XRP, ADA, SOL as SPX, DXY Move

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Crypto Breaking News

Bitcoin extended its latest ascent into the new week, clearing the $80,500 zone and nudging toward the $84,000 level as bulls attempt to take charge. The move comes with a constellation of supporting indicators—from on-chain liquidity signals to rising institutional participation—suggesting the upside may have more room to run, at least in the near term. Yet traders are also weighing potential resistance at key levels and the broader macro backdrop, including equities and the dollar, which could curb momentum if risk-off conditions return.

On-chain dynamics are featuring prominently in the bullish narrative. An indicator tracked by analysts points to a potentially explosive setup if Bitcoin clears the $84,000 mark: a surge above that level could unleash around $2.85 billion in short liquidations across exchanges, underscoring how fragile a breakout can be without broad participation. Meanwhile, capacity for institutional demand remains a recurring theme as funds continue to accumulate exposure to BTC, with observers citing a sustained appetite among large buyers that could propel prices higher in the weeks ahead.

Key takeaways

  • BTC has cleared the $80,500 hurdle and eyes a test of $84,000; a break above could trigger meaningful short liquidations around $2.85 billion across exchanges.
  • Institutional demand remains a persuasive force, with reports noting periods where buyers absorb 500%+ of Bitcoin’s daily mined supply, a pattern historically associated with further upside in the ensuing weeks.
  • The broader market backdrop shows the S&P 500 at fresh highs while the U.S. dollar trades within a tight range, setting up a delicate balance between macro risk and crypto momentum.
  • Among the top altcoins, Ether, XRP, and Dogecoin are showing relative strength, while several other major alts have yet to gain sustained traction—highlighting a bifurcated momentum landscape.

Bitcoin momentum and on-chain signals

BTC’s breakout above the $79,500 resistance has investors weighing the next leg higher. If the current momentum holds, the next clear target appears near $84,000, a level that, if decisively breached, could reframe the near-term trajectory for the pair. Traders will be watching whether the price can remain above the 20‑day exponential moving average, currently acting as a short-term fulcrum around the mid-$70,000s; a sustained hold above this EMA would bolster the case for an extended rally.

Analysts have been revisiting the implications of an extended move higher. One widely cited perspective notes that a breakout through $84,000 could prompt substantial short liquidations, a signal that risk appetites across the market could intensify further. In parallel, commentary from market observers has highlighted how on-chain behavior—particularly the pace at which new supply is absorbed by market participants—can serve as a leading indicator for price action in the weeks ahead.

In a contrasting view, some traders emphasize that upside catalysts must be confirmed by a broadening base of buyers, not just a handful of momentum players. As BTC remains tightly correlated with macro catalysts, any escalation in risk-off sentiment could cap gains or trigger a swift pullback, especially if liquidity pockets thin out at key levels.

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For context, analysts and industry observers have pointed to notable institutional activity as a contributing factor behind recent price momentum. Charles Edwards, founder of Capriole Investments, noted on X that institutions have been “slurping up 500%+ of Bitcoin’s daily mined supply.” Historical patterns following similar bursts of demand have coincided with multimonth strength, though observers caution that past performance is not a guarantee of future results. If the trend continues, some expect BTC to flirt with higher targets in the near term—potentially into the mid-$90,000s if momentum sustains.

Markets in macro context

Beyond crypto-specific signals, the traditional markets present a mixed but constructive backdrop. The S&P 500 climbed to a fresh high, with the index trading in an uptrend as buyers maintain an edge above the 20-day exponential moving average. The key support around 7,000 remains a strategic line in the sand; a sturdy bounce at that level would bolster the case for a continued rally toward higher targets, while a close below could open the door to a deeper pullback and a test of the 50-day moving average.

The U.S. Dollar Index, meanwhile, has been oscillating between the 50-day moving average near 98.97 and support around 97.74. The near-term bias remains nuanced: a move above the 50-day line could signal renewed dollar strength, potentially weighing on crypto gains, whereas a break below the 97.74 support might invite a renewed risk-on rotation that could help crypto assets extend their gains toward higher resistance levels.

Taken together, the macro backdrop underscores a delicate balance. If risk assets continue to outperform, crypto markets could ride the wave of optimism into the next leg higher. Conversely, a shift toward safer assets or rising volatility could pressure prices, particularly for fragile altcoin momentum where liquidity and sentiment can diverge quickly from BTC.

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Altcoin landscape: a mixed bag of signals

Ether extended its recent strength, clearing the 20-day EMA near $2,298 and marching toward the $2,465 overhead resistance. Traders will be watching whether demand can push ETH through that threshold; a sustained breakout could open the door toward a higher target in the vicinity of $3,050, should the momentum persist. A stall at the $2,465 level would be a warning sign that resistance is mounting and that a consolidation phase could ensue, keeping ETH within a defined range for a period.

XRP has also moved higher, lifted by a broader rally in selective large-cap altcoins. A close above the key $1.61 level would put the XRP/USDT pair on track to revisit the $2.00 area and push toward $2.40 as buyers attempt to shoulder the next leg higher. If the price fails to clear that hurdle, XRP could remain trapped in a range roughly between $1.27 and $1.61, delaying a decisive breakout.

BNB seems to be treading water near its moving averages, suggesting indecision between bulls and bears. The immediate range sits around $570 to $687; a sustained close above $687 could unleash a rally toward $790, while a break below $570 would open the path back to $500 as bears attempt to reassert control.

Solana has shown tentative strength as it tests the moving averages. A decisive close above the $82.65 area could propel SOL toward the $90.73 resistance, with a breakout potentially taking the price toward $98. Below $82.65, buyers would need to defend the level to prevent a retrace toward $76, keeping the short-term trajectory uncertain until a clear breakout direction emerges.

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Dogecoin has cleared the $0.11 barrier, opening the door to a move toward $0.12 and beyond if bullish momentum persists. A sustained push through $0.12 could target the $0.14–$0.16 region, though a reversal lower from current levels would likely anchor DOGE within a tight range near $0.09–$0.12 for longer.

Hyperliquid has maintained above its 20-day EMA around $41, but a long upper wick hints selling pressure at higher levels. The price could face resistance in the $43.76–$45.77 zone; a break above this area might push the pace of the rally toward $50 and beyond to around $51.43, while a break below the 50-day moving average could tilt the chart back to the bears’ favor toward the mid-$30s.

Cardano has inched above the downtrend line but faces an uphill battle at the 50-day moving average near $0.25. A sustained push above that level could see ADA rise toward $0.29 and then $0.31, with $0.22 acting as a critical support. A break below could reintroduce a corrective phase for the token within its current range.

Overall, the altcoin picture remains nuanced. A handful of the big-cap tokens are showing resilience and fresh demand, while others lag, underscoring a market where breadth and participation remain uneven. Traders should monitor how cross-asset risk appetite evolves, as crypto markets often amplify shifts in macro sentiment more quickly than traditional equities.

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What to watch next

Looking ahead, the immediate questions center on whether BTC can sustain its breakout above $84,000 and how the surrounding macro environment will react to continued risk-on or risk-off shifts. A clean close above $84,000 would strengthen the case for higher targets, but traders should remain mindful of potential liquidity-driven volatility and the possibility of a quick pullback if selling pressure intensifies at resistance levels.

On the altcoin side, the next few sessions will reveal whether ETH and XRP can extend their breakouts, whether BNB can decisively clear the $687 hurdle, and how the broader momentum across Solana, Dogecoin, and the niche players like Hyperliquid and Cardano evolves. Investors should watch for confirmation signals—volume expansion, sustained closes above critical thresholds, and evolving correlations with BTC and traditional markets—to gauge whether the current momentum has legs or simply marks a pause before the next chapter.

As always, the evolving interplay between macro drivers, on-chain signals, and trader sentiment will determine whether the week’s rallies solidify into a lasting trend or fade into a consolidation phase. Keep a close eye on how BTC behaves around the $84,000 level and how the SPX and DXY respond to ongoing macro data releases in the days ahead.

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Bitcoin falls below $80K as Iran hits UAE raising tensions

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Crypto Breaking News

The tension between the two geopolitical entities in the Middle East drove Bitcoin downwards as missile attacks were launched on the United Arab Emirates. The progress eroded trust in a shaky ceasefire between the United States and Iran. As a result, Bitcoin slipped below the $80,000 mark after briefly trading above that level earlier.

Bitcoin Retracts Once More Following New Middle East Tensions

Bitcoin dropped when it was announced that there were missile attacks being launched by Iran and directed towards the United Arab Emirates. The UAE military officials identified four missiles, and most of them were successfully intercepted. Nevertheless, the landing of one of the missiles in the surrounding waters has brought up new security issues.

In turn, the market mood changed swiftly as traders responded to the risk of the escalation. Bitcoin dropped out of its highs of over 80,000 and settled around 79,800 in intraday trade. Although the asset decreased, it still experienced relatively low increases in its value each day because of the previous bullish trend.

Bitcoin had been boosted by optimism at an earlier stage as the markets hoped that the United States and Iran would stabilise their relations. Nevertheless, the recent strikes upset such a story and brought a new wave of uncertainty. Consequently, Bitcoin experienced instant selling pressure on large exchanges.

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Oil Prices Soar, and Crypto is Under Pressure

The geopolitical events were met with a strong reaction in oil markets, which were concerned about issues of supply disruptions. Brent crude futures shot up more than four per cent and momentarily climbed above the $114 mark. Meanwhile, the West Texas Intermediate futures also surged by over $105 over the period.

Increased oil prices tend to affect the overall financial situation and risk appetite in the markets. In the present scenario, the increase in energy prices put a strain on Bitcoin and other digital currencies. The crypto market, in turn, responded adversely, as the macroeconomic issues grew.

Simultaneously, the tensions around the Strait of Hormuz added to the fears of the interrupted global oil supplies. It was reported that there was increased military activity in the region, though some reports could not be confirmed. However, uncertainty was the only factor that was enough to affect both commodities and cryptocurrencies.

Ceasefire Risks Introduce Uncertainty To the Market Direction

The current missile action poses a threat to a ceasefire agreement that already is fragile between the United States and Iran. The two parties have been recording instances of defusing tensions since the recent developments have been witnessed. Nevertheless, the scenario now seems to be shaky and might change rapidly.

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Also, political cues have been inconsistent, and that has contributed to confusion in the market. Some of the proposals that were made to end the conflict had been rejected previously by the United States. Meanwhile, Iran has shown willingness to retaliate in case the tensions continue to escalate.

This dynamic reality has put global financial markets in a complex environment, including cryptocurrencies. Bitcoin was recently on its knees in anticipation of less geopolitical risk and favourable policy changes. The recent surge has, however, undone some of those gains and brought in new volatility.

In general, the recent price trend of Bitcoin indicates its vulnerability to the geopolitical changes and macroeconomic changes in the world. Although the asset is still robust, unexpected incidents still affect the immediate trend. The market can be subjected to additional movements as the tensions continue due to the external forces.

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Bitcoin Breaks $80K Barrier: Will Altcoins Follow?

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Bitcoin Breaks $80K Barrier: Will Altcoins Follow?

Key points:

  • Bitcoin’s rally through $79,500 opens the door to a move toward $84,000.
  • Ether, Dogecoin and Hyperliquid are showing strength, but the other major altcoins are yet to pick up momentum.

Bitcoin (BTC) opened the new week with a rally above $80,500, suggesting the bulls are attempting to take charge. Analysts are closely watching the $80,000 level, as some believe a failure to close above it could trigger a move toward $60,000

However, crypto analyst Matthew Hyland said in a post on X that traders calling BTC’s fall to $60,000 and lower ‘will be the ones flipping bullish late above $90K.” 

BTC’s 30-day liquidation map shows that a rally above $84,000 would trigger $2.85 billion worth of short liquidations across all exchanges.

Crypto market data daily view. Source: TradingView

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A positive sign for the bulls is that BTC’s rise continues to be supported by institutional investors. Capriole Investments founder Charles Edwards said in a post on X that institutions have been “slurping up 500%+ of Bitcoin’s daily mined supply.” Such instances in the past have boosted prices by more than 24% in the following month. If history repeats, BTC may surge to around $96,000.

Could BTC and the major altcoins sustain the breakout? Let’s analyze the charts of the top 10 cryptocurrencies to find out. 

S&P 500 Index price prediction

The S&P 500 Index (SPX) remains in a strong uptrend, rising to a new all-time high of 7,272 on Friday.

SPX daily chart. Source: Cointelegraph/TradingView

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The upsloping 20-day exponential moving average (7,043) indicates an advantage to buyers, but the relative strength index (RSI) near the overbought zone signals that a minor consolidation or correction is possible in the near term.

The 7,000 level is the crucial support to watch out for on the downside. A solid bounce off the 7,000 level suggests that the bulls have flipped it into support. That improves the prospects of a rally to 7,500. 

On the contrary, a close below the 7,000 support may sink the index to the 50-day simple moving average (6,827).

US Dollar Index price prediction

The US Dollar Index (DXY) has been stuck between the 50-day SMA (98.97) and the 97.74 support.

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DXY daily chart. Source: Cointelegraph/TradingView

The downsloping 20-day EMA (98.61) and the RSI in the negative territory indicate that the bears are at a slight advantage. If the price breaks below the 97.74 support, the index may tumble toward the 96.21 level.

Conversely, a close above the 50-day SMA suggests that the bulls are on a comeback. The index may rally to the 100.54 resistance level, where buyers are expected to encounter solid selling pressure from bears.

Bitcoin price prediction

BTC has broken above the $79,500 resistance, signaling the resumption of the uptrend toward $84,000.

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BTC/USDT daily chart. Source: Cointelegraph/TradingView

The uptrend is expected to face solid selling pressure at $84,000, but if the bulls prevent the BTC price from dipping below the 20-day EMA ($76,634), the possibility of a breakout increases. If the $84,000 level is broken, the BTC/USDT pair may surge toward the pattern target of $92,000.

Time is running out for the bears. They will have to swiftly yank the price below $76,000 to weaken bullish momentum. The pair may then tumble to the 50-day SMA ($72,798).

Ether price prediction

Ether (ETH) rose above the 20-day EMA ($2,298) on Friday and is marching toward the $2,465 overhead resistance.

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ETH/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will attempt to stall the rally at the $2,465 level, but if the bulls prevail, the ETH/USDT pair may jump to the resistance line. If the ETH price turns down sharply from the resistance line and breaks below the 20-day EMA, it suggests the pair may remain within the channel for some time.

On the other hand, a break and close above the resistance line signals that the bulls are back in control. The pair may then surge toward the $3,050 level.

XRP price prediction

Buyers have pushed XRP (XRP) above the moving averages, opening the door to a rally toward the downtrend line.

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XRP/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI just above the midpoint do not give either bulls or bears a clear advantage. Buyers will gain the upper hand on a close above the $1.61 level. The XRP/USDT pair may then rally to $2, then to $2.40.

Contrary to this assumption, if the XRP price turns down from the $1.61 level, it would suggest that bears are active at higher levels. That may extend the pair’s stay inside the $1.27 to $1.61 range for a while.

BNB price prediction

BNB (BNB) has been trading near its moving averages over the past few days, indicating indecision between bulls and bears.

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BNB/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI just above the midpoint suggest that the BNB/USDT pair may remain inside the $570 to $687 range for a few more days.

The next trending move is expected to begin on a close above $687 or below $570. If bulls push the BNB price above the $687 resistance, the pair is expected to gain momentum and surge to $790. Alternatively, a close below $570 signals the resumption of the downtrend toward $500.

Solana price prediction

Solana (SOL) is attempting to rise above the moving averages, indicating demand at lower levels.

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SOL/USDT daily chart. Source: Cointelegraph/TradingView

A close above the moving averages may push the SOL price to the $90.73 resistance. Sellers will attempt to defend the $90.73 level, but if the bulls prevail, the SOL/USDT pair may surge to $98. 

On the downside, the bears will need to push the price below $82.65 to gain the upper hand. If they do that, the pair may descend to the solid support at $76. The next trending move is expected to begin on a close above $98 or below $76.

Related: BTC price can ‘easily’ hit $95K: Five things to know in Bitcoin this week

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Dogecoin price prediction

Dogecoin (DOGE) has broken above the $0.11 resistance level, clearing the path for a rally toward $0.12.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($0.10) has started to turn up, and the RSI is in the overbought zone, indicating that the buyers have the edge. Sellers are expected to mount a strong defense at the $0.12 level, but if buyers bulldoze through, the rally may reach $0.14 and eventually $0.16.

Instead, if the DOGE price turns down sharply from $0.12 and breaks below the moving averages, it suggests that the bears remain sellers on rallies. That may keep the DOGE/USDT pair within the $0.09-$0.12 range for a few more days.

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Hyperliquid price prediction

Hyperliquid (HYPE) is maintaining above the 20-day EMA ($41.04), but the long wick on the candlestick shows selling at higher levels.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The uptrend is expected to face selling pressure in the $43.76 to $45.77 resistance zone. If the HYPE price turns down from the current level or the overhead zone and breaks below the 50-day SMA ($40.11), the advantage will tilt toward the bears. The HYPE/USDT pair may then tumble to $38.70.

Contrarily, a break and close above the overhead zone signals the resumption of the uptrend. The pair may surge to $50 and then to $51.43.

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Cardano price prediction

Cardano (ADA) has risen above the downtrend line, but the bulls are facing stiff resistance at the 50-day SMA ($0.25).

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The RSI has risen just above the midpoint, signaling a slight advantage to the bulls. If buyers push the price above the 50-day SMA, the ADA/USDT pair may rally to $0.29, then to $0.31. Sellers are again expected to pose a strong challenge at the $0.31 level, as a close above it suggests that the pair may have bottomed out in the short term.

The $0.22 level is the critical support to watch out for on the downside. If the ADA price turns down and breaks below the $0.22 support level, it signals a resumption of the downtrend.

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XRP Price Prediction: OpenAI CFO Joins XRP Firm Ahead of Nasdaq Listing

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XRP price is now trading at the $1.40 level, and the prediction around it turns bullish. A headline board appointment has injected fresh institutional credibility into the Ripple ecosystem.

Evernorth Holdings, the Ripple-backed XRP treasury company, filed its second SEC S-4 amendment this week, naming OpenAI Foundation CFO Robert Kaiden and Antalpha COO Derar Islim as independent directors ahead of its planned Nasdaq listing under ticker XRPN.

The filing also confirms Ripple CLO Stuart Alderoty on the board, alongside a 126.79 million XRP anchor commitment from Ripple Labs itself. Evernorth holds over 473 million XRP valued at approximately $656 million, and is targeting a Q2 2026 Nasdaq debut via SPAC merger with Armada Acquisition Corp II.

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The board build-out signals governance is being hardened for public markets. But is it the time to buy?

Discover: The best crypto to diversify your portfolio with

XRP Price Prediction: $3 Too Much to Ask?

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At the $1.40 level, XRP is consolidating in the lower half of its post-2024 impulse range. Recent Ripple-related developments have repeatedly tested XRP’s ability to hold ground above the $1.20–$1.30 support band, and that floor remains the critical level to monitor.

XRP is now trading back above $1.40, following a few bullish news around it, especially their Middle East expansion and OKX partnership.
XRP USD, TradingView

Elliott Wave identifies the current structure as a potential ABC correction bottom, with a confirmed breakout targeting the $2.50–$3.30 range depending on market sentiment.

Bitcoin’s behavior is the swing variable here. Macro analyst DonAlt, who called XRP’s prior 700% rally, ties XRP’s next leg to Bitcoin holding above $73,500 support, with resistance capped near $80,000. A clean Bitcoin reclaim of that upper band would likely provide the liquidity and risk-on sentiment XRP needs to attempt a genuine breakout.

Longer-term, analysts project XRP reaching $10 by year-end, a target that would require a market cap surpassing $607 billion, ahead of Ethereum’s current valuation. That scenario demands institutional inflows at a scale XRP hasn’t yet demonstrated.

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Goldman Sachs’ $153.8 million XRP ETF position and the NYSE Arca commodity trust filing move the needle, but $10 remains the optimistic outlier, not the consensus. Ripple’s own IPO valuation near $40 billion adds a separate but reinforcing narrative thread that keeps institutional attention on the XRP ecosystem through mid-2026.

Discover: The best pre-launch token sales

Maxi Doge Eyes Early-Stage Upside as XRP Consolidates Below Breakout

XRP’s setup is constructive, but the asymmetry that early XRP holders captured simply doesn’t exist at this entry point. Traders chasing a 2x from here are playing a different game than those who loaded sub-$0.50.

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That gap in risk-reward is exactly where early-stage presales attract attention from market participants seeking aggressive upside without waiting for an established asset to rediscover momentum.

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Less absurd than it sounds when the numbers are considered. The presale has raised $4.7 million at a current price of $0.0002816, with 60% APY staking bonus available to early holders only.

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The post XRP Price Prediction: OpenAI CFO Joins XRP Firm Ahead of Nasdaq Listing appeared first on Cryptonews.

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Ripple Expands Security Efforts Against North Korean Hacks

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR

  • Ripple announced that it will share exclusive threat intelligence with Crypto ISAC members.
  • The shared data includes fraud-linked crypto wallets and malicious domains tied to North Korean campaigns.
  • Ripple will also provide context-rich profiles containing emails, LinkedIn accounts, and behavior patterns.
  • Crypto ISAC launched a new API that enables companies to integrate threat data into their security systems.
  • Coinbase has already adopted the updated API to strengthen its security operations.

Ripple has announced a new threat intelligence sharing initiative focused on North Korean-linked cyber campaigns. The company will provide exclusive data to Crypto ISAC members through a newly launched API. The move aims to strengthen coordinated defense across the digital asset sector.

Ripple Expands Intelligence Sharing Through Crypto ISAC

Ripple stated that crypto firms often face repeated attempts from the same threat actors. The company said attackers who fail background checks at one firm often target others within days. Therefore, Ripple decided to share intelligence to reduce fragmented defenses.

Ripple will provide exclusive threat intelligence to members of Crypto ISAC. Crypto ISAC operates as a collaborative security network for digital asset companies. The company said this level of intelligence sharing has not occurred before within the sector.

The shared data will include fraud-linked crypto wallet addresses and malicious domains. It will also include active Indicators of Compromise tied to North Korean campaigns. Both entities confirmed that the intelligence will extend beyond raw technical data.

Ripple will also share context-rich profiles linked to suspicious actors. These profiles will contain LinkedIn accounts, emails, phone numbers, and behavioral patterns. The company said it aims to convert fragmented clues into operational intelligence.

“The strongest security posture in crypto is a shared one,” Ripple stated in its announcement. The company argued that firms currently rebuild intelligence from zero without shared databases. As a result, it believes coordinated sharing will reduce repeated infiltration attempts.

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New API Enables Real-Time Security Integration

Crypto ISAC has launched a new API to distribute the shared intelligence. The API allows companies to integrate threat data directly into internal security systems. This setup enables faster detection and response coordination across platforms.

Coinbase has already adopted the updated API for operational use. Crypto ISAC confirmed that other industry participants have begun onboarding the system. The organization said the tool supports real-time intelligence deployment.

Erin Plante, Director of Brand Security and Intelligence at Ripple, addressed the rollout. She said the API improves how companies share and operationalize intelligence. Plante confirmed that Ripple worked closely with Crypto ISAC during implementation.

“Crypto ISAC’s newly updated API represents a meaningful step forward in how intelligence is shared,” Plante said. She added that Ripple aligned the integration with its internal workflows. She said the result delivers higher-quality intelligence for direct security operations use.

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The initiative targets campaigns attributed to North Korean-linked actors. Recent incidents, including the Drift Protocol exploit, have drawn attention to coordinated attacks. Ripple confirmed that it will continue supplying updated intelligence through the Crypto ISAC network.

Crypto ISAC stated that member companies can access and automate the shared data feeds. The organization said the API structure allows continuous updates without manual intervention. The rollout remains active as participating firms complete system integration.

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