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Ethereum Supply Crunch Accelerates; Will ETH Price Follow?

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Crypto Breaking News

Ethereum’s on-chain dynamics are signaling a tightening of liquid supply, driven by rising staking participation and sustained withdrawals from exchanges. With roughly 38.1 million ETH staked, about 33% of the circulating supply is now locked in validator deposits, a level that market watchers say marks a meaningful shift toward illiquid, long-hold positions. At the same time, exchange reserves have continued to dwindle, suggesting less readily available supply for fast sales in spot markets. Some analysts argue this could lay the groundwork for a more resilient price floor as demand persists.

Analysts emphasize that the combination of higher staking and shrinking exchange buffers may create a more two-sided market — less supply chasing bid demand in the near term, which could support ETH prices during repeated market pauses. Still, observers caution that the full implications will depend on how quickly stake participation expands further and how exchanges respond to ongoing outflows during turbulent periods.

Key takeaways

  • About 38.1 million ETH are staked, equating to roughly 33.1% of circulating supply, the highest level on record and signaling a shift toward illiquid capital.
  • The staking pipeline remains robust: an entry queue of about 2.88 million ETH carries an estimated wait of ~50 days, while an exit queue of around 40,500 ETH has a near-term wait of under 17 hours.
  • Exchange reserves for ETH have fallen to multi-year lows, with notable withdrawals from major venues (including OKX and Binance) and overall outflows indicating reduced liquid supply on hand for trading.
  • CryptoQuant data shows ETH balances on exchanges at a level not seen since 2016, with Binance balances hovering near Dec-2020 lows, around 3.3 million ETH.
  • Analysts caution that these dynamics could strengthen support levels and potentially enable sharper moves higher in a rebound, especially if demand remains firm and momentum returns.

Staking expands, liquidity tightens

Ethereum’s staking activity continues to climb, with the validator ecosystem absorbing more capital as participants lock their ETH into proof-of-stake security. The latest figures show about 38.1 million ETH staked, representing roughly one-third of the circulating supply. Stakeholders have framed this as a structural shift away from tradable inventory toward long-hold, illiquid capital that cannot be readily tapped for selling in a market downturn.

In a commentary thread, Everstake — a prominent staking infrastructure provider — highlighted that this steady reduction in liquid supply, coupled with ongoing demand, is fostering a stronger price environment over the longer term. The argument rests on the idea that less ETH available on the market during selloffs could lessen downside pressure and support price stability as buyers step in.

“This steady reduction in liquid supply, combined with ongoing demand, creates the conditions for a structurally stronger price environment.”

Supporting the staking trend, the validator queue shows continuing interest in securing ETH commitments. ValidatorQueue tracks a total of approximately 2.88 million ETH awaiting validation, with an estimated wait of close to 50 days. This cadence underscores that demand to participate in staking remains solid, even as the time to earn staking rewards lengthens for new entrants.

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Conversely, the exit queue — the amount of staked ETH seeking withdrawal — remains relatively modest by comparison, at around 40,500 ETH with a wait time under 17 hours. The protocol’s churn cap of 256 validators per epoch further constrains how quickly liquidity can re-enter circulation. Taken together, these dynamics imply that even if sentiment shifts, the market will not see a rapid flood of previously staked ETH returning to tradable supply.

Exchanges drain reserves, reducing selling pressure

Another visible trend is the steady outflow of ETH from centralized exchanges. Over the past several weeks, inflows to major venues have given way to sustained net withdrawals, a signal that traders are moving ETH off exchanges in anticipation of longer-term holding or staking rather than immediate sale.

Notable episodes include a $1.67 billion ETH withdrawal from OKX on March 22, coupled with large, multi-hundred-million-dollar outflows observed at Binance in early February. These actions contribute to a shrinking frame for immediate selling and tighten liquidity in spot markets, making it harder for sellers to press prices downward on short notice.

CryptoQuant data reinforces the narrative of a tightening supply on exchanges. ETH balances on exchanges have declined to their lowest levels since 2016, with Binance’s holdings approaching the lows last seen in December 2020 — roughly 3.3 million ETH. The reduced exchange stockpile implies less readily available inventory to meet selling pressure, potentially amplifying price sensitivity to demand shifts when buyers re-enter the market.

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With fewer ETH perched on exchange books, the market could become more responsive to shifts in appetite, allowing price moves to be more pronounced when momentum returns. While the current range has circled roughly around $2,000 to $2,200, tighter supply conditions can help push the next leg higher if demand proves resilient.

What this implies for ETH’s trajectory

Taken together, the tightening liquid supply picture points to a broader structural development rather than a short-term swing. The market is witnessing a gradual rebalancing: more ETH locked in staking, fewer coins available on exchanges, and a churning ecosystem that keeps unlocks measured by epoch-based rules. Analysts describe this as the early stage of a potential “new phase” in ETH’s supply dynamics, one that could raise the floor beneath prices during a broader market downturn and support more durable gains when risk appetite returns.

As one analyst noted, the combination of rising staking participation and constrained liquidity means ETH could respond more decisively to renewed demand compared with earlier cycles. In practice, this translates to a market where price resilience and upside velocity may become more dependent on sustained demand and staking inflows than on near-term supply shocks.

For investors and builders, the evolving balance of staking, validator activity, and exchange reserves underscores the need to watch on-chain flows alongside price action. If staking continues to rise while exchanges remain tight, ETH could see a more pronounced price response to positive catalysts, including network upgrades, developer activity, or favorable macro conditions.

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As readers monitor the next steps, key questions remain: Will the pace of staking accelerate further, and how will major exchanges respond to continued outflows? How will the evolving on-chain liquidity profile interact with market sentiment during the next cycle of price discovery? And how might these structural shifts influence ETH’s role in a broader crypto ecosystem that increasingly prizes security, efficiency, and long-hold capital?

Keep an eye on staking metrics and exchange flow data in the coming weeks, as they will offer early signals about how ETH’s supply dynamics are evolving and where price action could follow next.

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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5 recommended free cloud mining platforms for 2026: Secure, stable, and beginner-friendly

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5 recommended free cloud mining platforms for 2026: Secure, stable, and beginner-friendly - 2

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Cloud mining platforms attract new users in 2026 seeking simple entry into Bitcoin mining.

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Summary

  • Cloud mining grows in 2026 as investors seek low-barrier ways to mine BTC, DOGE, and LTC without hardware costs.
  • SHRMiner gains attention for renewable-powered mining farms and flexible contract options across multiple countries.
  • SHRMiner offers simplified cloud mining access, letting users mine crypto via contracts without managing equipment.

Interested in participating in Bitcoin mining in 2026 but don’t want to purchase expensive mining hardware? Then cloud mining platforms remain one of the simplest and most hassle-free options available.

Nowadays, an increasing number of investors are entering the market through free cloud mining platforms, allowing them to easily mine mainstream cryptocurrencies — such as BTC, DOGE, and LTC — without the need to set up their own equipment or bear the burden of high electricity and maintenance costs.

However, while there are many platforms on the market, few are truly worth considering. A robust cloud mining platform must not only feature a clear and transparent earnings mechanism but also possess stable data centers, an automated payment system, and a sufficiently secure operational infrastructure.

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Based on a comprehensive assessment of 2026 market trends and platform-specific features, SHRMiner, BitFuFu, IQMining, Binance Cloud Mining, and CCG Mining stand out as the top five platforms currently worthy of close attention.

5 recommended free cloud mining platforms for 2026: Secure, stable, and beginner-friendly - 2

1. SHRMiner: The cloud mining platform to watch in 2026

For those who are looking for a service that strikes a balance between security, flexibility, and user-friendliness, SHRMiner is currently a popular choice.

Launched in 2018 and headquartered in the UK, SHRMiner operates over 100 large-scale renewable energy mining farms across locations such as the United States, the UK, Russia, Switzerland, Iceland, Virginia, Georgia, and Vancouver (Canada), utilizing renewable sources — including hydropower and wind power — to enhance mining efficiency.

The platform specializes in mining mainstream cryptocurrencies such as BTC, LTC, and DOGE. Users are not required to purchase any hardware; they simply need to select a suitable contract to get started. The platform offers a wide range of contracts — spanning options from low-entry thresholds to advanced packages — making it suitable for users with varying budgets.

SHRMiner: Core advantages

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Sign up to receive a $15 bonus and a free mining trial.

  • Supports daily automatic settlement
  • No electricity or maintenance fees charged
  • Uses advanced ASIC mining equipment
  • Connects to green energy sources to improve operational efficiency
  • Provides SSL encryption and DDoS protection
  • Visualized earnings data, simple and transparent operation
  • Simultaneously supports mining of mainstream cryptocurrencies such as BTC, LTC, and DOGE
  • Affiliate Program: Join the affiliate program and earn up to 4.5% commission rewards, with a chance to win up to 30,000 in commission rewards.

Whether seeking flexible short-term returns or prioritizing stable long-term yields, users can find options tailored to their needs on the platform. For further details regarding mining contracts, please click here to learn more.

SHRMiner gained popularity in 2026 primarily because it caters equally well to beginners — enabling them to get started quickly — and to advanced users, offering flexible configuration options. From the introductory user experience to contract scalability, its overall performance is well-balanced.

2. BitFuFu: A professional platform backed by Bitmain

BitFuFu has garnered significant market attention due to its affiliation with Bitmain. For users who prioritize mining rig resources and hardware expertise, platforms of this nature hold particular appeal. BitFuFu is well-suited for investors seeking a more mature and sophisticated mining service ecosystem.

3. IQMining: A key option for users seeking long-term contracts

IQMining has been in operation for many years and is distinguished by its offering of longer-term mining contracts. For users who do not seek to capitalize on short-term fluctuations but instead prioritize long-term planning, IQMining is a common choice.

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4. Binance Cloud Mining: Integrated trading and mining

The greatest advantage of Binance Cloud Mining lies in its ecosystem integration. Users can manage both their mining activities and asset flows directly within their Binance accounts, eliminating the need to frequently switch between platforms. For investors who are already using Binance, this makes the process even more convenient.

5. CCG Mining: A key platform in the European market

CCG Mining offers a comprehensive range of services, including cloud mining, mining rig sales, and hosting. The platform enjoys a certain level of recognition within the European market and is well-suited for users interested in exploring diverse mining services.

Why are more and more people choosing cloud mining in 2026?

Compared to traditional hardware mining, the greatest advantages of cloud mining are:

  • No need to purchase expensive equipment
  • No need to bear high electricity costs
  • No technical maintenance expertise required
  • Get started quickly, immediately after registering

Some platforms also offer free trials and reward mechanisms; for average users, this model is evidently more convenient and better suited for accessing the crypto market with a low barrier to entry.

Conclusion: Which cloud mining platform is most worth watching in 2026?

From the perspective of the overall user experience, SHRMiner remains one of the most competitive platforms in 2026. It excels in terms of platform transparency, mining processes, settlement efficiency, and user-friendliness for beginners, while also supporting multiple cryptocurrencies — including BTC, LTC, XRP, and DOGE — demonstrating strong versatility.

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Of course, for those who prioritize exchange integration, Binance Cloud Mining offers greater convenience; however, if someone values long-term, stable contracts, IQMining and CCG Mining are also excellent options to consider.

Overall, when selecting the optimal cloud mining platform, it is advisable to focus primarily on the platform’s background, security mechanisms, contract flexibility, and actual user experience. For users looking to embark on a free cloud mining journey in 2026, prioritizing platforms that are transparent, secure, and feature clear settlement procedures will prove to be the most prudent approach.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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Bitcoin (BTC) to face near-term pressure as liquidity tightens, according to Hilbert Group CIO

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Kraken's surprise Fed win may harken onslaught of crypto firms with narrow Fed access

Global liquidity is set to deteriorate sharply, according to Russell Thompson, chief investment officer at crypto asset manager Hilbert Group (HILB), who said even a quick geopolitical resolution in Iran is unlikely to sustain a rally in risk assets without policy support.

Liquidity conditions have stabilized in parts of the financial sector following the rollout of the reserve maturity program (RMP), Thompson said, but a broader tightening of 20%–25% is approaching, a significant drag that could leave bitcoin struggling in the near term.

“Even with a resolution quickly in Iran, I do not believe that risk assets will rally for any sustainable time without outside help,” Thompson said in the report published last week.

Thompson said he expects U.S. policymakers to respond. He pointed to likely measures including reform of the supplementary leverage ratio (SLR), a sizable drawdown of the Treasury General Account (TGA) without offsetting Federal Reserve bill issuance, and a series of rate cuts under a potential new Fed chair.

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The SLR is a banking regulation that sets how much capital large banks must hold against their total leverage. The TGA is the U.S. Treasury’s main cash account at the Federal Reserve.

When the Treasury draws down the TGA (spends money from it), liquidity is effectively injected into the financial system; when it builds the TGA, liquidity is drained.

Bitcoin’s performance over the past six months has been marked by sharp volatility, a clear shift from late-2025 exuberance to a more fragile, macro-driven market.

After hitting an all-time high above $126,000 in October 2025, bitcoin entered a sustained drawdown through the end of the year and into early 2026. By February, prices had fallen to roughly $63,000, a decline of about 50% from the peak, amid a broader crypto market sell-off and tightening financial conditions. This period was characterized by weaker demand, exchange-traded fund (ETF) outflows and a more risk-off macro backdrop, with BTC underperforming equities in some stretches.

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Bitcoin is currently trading around $75,600, leaving it significantly off its peak but no longer in freefall. The last six months, in short, have seen a full cycle: from peak euphoria, to a deep correction, to a tentative stabilization phase, with macro liquidity, policy expectations and investor positioning now the dominant drivers.

Advances in crypto regulation could also provide support. Thompson said he anticipates legal clarity on key measures before the summer recess and a faster-than-expected expansion of the Fed’s balance sheet as disinflationary pressures build.

Higher oil prices, he argued, could ultimately weigh on growth, while a softening labor market and emerging stress in private credit may add to the disinflationary backdrop.

Markets remain overly focused on the Federal Reserve as the primary source of liquidity, Thompson said, but the U.S. Treasury has significant capacity to inject funds into both the real economy and financial markets. With Treasury leadership experienced in deploying such tools, he expects a more proactive approach.

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The result: short-term pressure on bitcoin, but improving conditions over the medium term.

Thompson said he expects bitcoin to be “significantly higher” by year-end as liquidity dynamics evolve. Even in a more protracted scenario, he sees liquidity bottoming around 2027, a timeline that could coincide with fresh all-time highs.

Read more: U.S. crypto adoption is rebounding, bitcoin still dominates, Deutsche Bank says

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Bitcoin jumps, crashes within minutes of Trump moves, and here is why it might happen again this week

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Trump's threat to block Congress over voter-ID law leaves crypto bill on shakier ground

Bitcoin and other risk assets have become increasingly sensitive to statements from U.S. President Donald Trump, with markets often swinging upward or downward within minutes of his social media posts or policy announcements to the news media.

This has drawn scrutiny from lawmakers, academics and market experts, as questions mount over whether those price movements have created lucrative opportunities for market manipulation or insider trading.

A recent University of Oxford Faculty of Law study found sharp swings in global markets following rapid changes in U.S. tariff policy, including a sequence in which prices across crypto and stock markets fell after new tariffs were announced, then rebounded after Trump partially rolled them back days later.

The scale and timing of those moves, the author noted, created “fantastic trading opportunities” for anyone with advanced knowledge of the decisions. Also, those back-and-forth decisions by Trump have been widely criticized and called the Trump Again Chickens Out (TACO) dynamic.

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‘A great time to buy’

The issue gained further attention after Trump posted “THIS IS A GREAT TIME TO BUY!! on Truth Social in April 2025 shortly before announcing a tariff adjustment that sent markets higher, prompting calls from lawmakers, including Senator Adam Schiff, for an investigation into potential insider trading or market manipulation.

Analysts, experts and media reports have highlighted patterns of large, well-timed trades across commodities and prediction markets, in some cases placed minutes before major policy or military announcements.

“Many experts say the Trump administration has engaged in market manipulation,” according to a March episode of CBC’s Front Burner, which pointed to unusually massively profitable trades in oil futures ahead of announcements related to the war with Iran.

Democratic Congressman Stephen Lynch raised similar concerns. He said trading activity tied to major Trump announcements “raised serious concerns about insider trading and market manipulation by government officials in possession of sensitive national security information.”

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There is no evidence that Trump or his administration have violated securities laws or purposely manipulated the markets for self gain, but the increasing number of unusually well-timed market moves, combined with the administration’s direct influence over policy, geopolitics and regulation, has fueled a broader debate over whether the line between political decision-making and market impact is becoming increasingly blurred.

Here are five top moments when bitcoin’s price swung either up or down due to a statement or social media post by Trump, from the “Genesis” skepticism of 2019 to the naval blockades of 2026.

The top five BTC price swings

1. July 11, 2019 — The “Not a Fan” Genesis Post. In his first direct broadside against the asset class, Trump posted on Twitter: “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money… and based on thin air.” Bitcoin dropped 7.1% within 45 minutes of the thread.

2. March 3, 2025 — The Strategic Reserve Pivot. Following a year of pro-crypto campaigning, Trump confirmed via Truth Social that his “Strategic National Crypto Reserve” would include a multi-asset basket of cryptocurrencies, most notably bitcoin. Bitcoin surged 8.2% in under 24 hours, jumping from $84,000 to over $91,000.

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3. October 10, 2025 — The 100% tariffs on China. In yet another Truth Social post, Trump announced a 100% tariff on all Chinese imports to counter Beijing’s rare-earth export controls. Bitcoin plummeted 12.4% in roughly two hours, crashing from its $124,714 all-time high toward $102,000. And in 24 hours, a $19.38 billion liquidation event had taken place, marking the largest single-day wipeout in the asset’s history.

4. March 3, 2026 — The Anti-Bank “Genius Act” Post. Trump took to Truth Social once again to criticize Wall Street banks for “undermining” the Genius Act and delaying the passage of the Clarity Act over stablecoin yield provisions. Bitcoin rose 5.2% in 10 minutes to $71,000. This moment highlighted the administration’s willingness to go to war with the legacy financial system to protect the crypto sector.

5. April 14, 2026 — The Peace Talks. Following the naval blockade of the Strait of Hormuz, Trump said that Iran had “reached out” for potential peace talks and that a deal was “very possible.” Bitcoin rose 6.2% within 30 minutes from $70,000 to nearly $75,000.

It might happen again

Bitcoin shot to a more than two-month high above $78,000 on Friday after Trump essentially announced the end of the war and the full reopening of the Strait of Hormuz. Yet, by the end of the day, there were already questions about exactly what the U.S. and Iran had agreed to.

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By Saturday morning, Iran’s military said the Strait was again closed, and there were reports of some ships making U-turns and others being fired upon. Crypto prices were quickly giving back Friday’s gains, with bitcoin sliding back below $76,000.

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Okta (OKTA) Stock Surges 4% on Barclays Upgrade Amid Rising Identity Security Priorities

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OKTA Stock Card

Key Takeaways

  • Barclays elevated Okta (OKTA) to Overweight from Equalweight, boosting the price target from $85 to $90
  • Identity security emerged as the top enterprise spending priority in Barclays’ most recent CIO survey
  • Okta’s ranking among leading security vendors jumped to 6th place, a significant rebound from its 2022–2023 position near the bottom
  • Barclays highlighted Okta’s agentic security prospects, pointing to early six-figure contract wins in this emerging category
  • Raymond James simultaneously upgraded OKTA to Outperform, reinforcing bullish sentiment

Okta shares experienced a solid rally on Monday. The identity management platform provider watched its stock price advance approximately 4.3% following a rating upgrade from Barclays and growing Wall Street confidence in its expansion trajectory.


OKTA Stock Card
Okta, Inc., OKTA

Barclays analyst Saket Kalia elevated Okta’s rating from Equalweight to Overweight while increasing the firm’s price objective to $90 from the previous $85. With shares hovering near $72.25 prior to this announcement, the revised target suggests substantial appreciation potential.

Kalia identified three primary catalysts behind the rating enhancement: strengthened survey metrics, more positive mid-quarter business assessments, and a developing market opportunity within agentic security solutions.

The firm’s latest CIO survey, released simultaneously, positioned identity management as the foremost security investment priority for enterprises—marking the second consecutive survey where this category topped the list. This trend bodes well for Okta’s fundamental business operations.

Okta’s standing among security vendors has witnessed notable improvement. The company now ranks sixth overall in the security vendor landscape—representing a dramatic turnaround from its position near the bottom during 2022 and 2023, a period marked by challenges stemming from a security breach incident.

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Identity Management Emerges as Cybersecurity’s Largest Segment

Based on IDC research referenced by Barclays, identity management has evolved into the cybersecurity industry’s largest sub-category, expanding at approximately 19% annually from a $28 billion foundation. This represents a substantial addressable market with Okta positioned as a central player.

Mid-quarter business assessments have shown encouraging signs. Kalia observed more robust underlying market demand, enhanced partner channel activity, and improved operational performance following Okta‘s strategic sales organization restructuring across its Workforce Identity Cloud and Auth0 product lines implemented last year.

The $90 valuation target derives from an elevated fiscal 2028 free cash flow projection of $991 million. Barclays emphasized that Okta’s diversified presence across multiple identity management submarkets provides “multiple durable legs of growth.”

Agentic Security: An Emerging Revenue Opportunity

Among the most compelling elements in the Barclays analysis is the emphasis on AI agents. As organizations increasingly implement autonomous artificial intelligence systems, the challenge of managing access permissions for these digital entities becomes critical.

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Barclays raised a fundamental question: “We wonder if protecting agents is fundamentally an identity problem.”

Okta has already begun capturing early market traction in this space. The company closed multiple six-figure transactions for its agentic security products during the most recent quarter, despite constrained product availability.

“We think it’s a rising tide, and believe Okta will be a beneficiary,” Kalia stated.

Barclays wasn’t the only firm expressing renewed confidence. Raymond James similarly elevated Okta to Outperform, highlighting the company’s pioneering position in AI agent security and its comprehensive “secure agentic enterprise” framework.

BMO Capital had previously lifted its Okta price target to $97, while Cantor Fitzgerald continues maintaining an Overweight stance following robust Q4 fiscal 2026 performance.

Those quarterly results exceeded analyst consensus expectations across revenue, operating margins, earnings per share, and current remaining performance obligations metrics.

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Notwithstanding Monday’s upward movement, Okta shares remain approximately 22% lower year-to-date. Wall Street price targets span from $75 to $140, with the company’s market capitalization standing at about $11.9 billion.

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Bitcoin Hodlers Add 10% as BTC Lines Up a Run to $90,000

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Bull Flag Pattern

Bitcoin (BTC) price trades near $75,000, up marginally on the day, following a rejection near $78,380 on April 17.

The pullback has neutralized derivatives positioning, yet long-term holders have added to their stacks at an accelerating pace. That split has set up a narrow single-level decision for the days ahead.

Bitcoin Builds a Bull Flag After a 21% Rally From the March Low

Bitcoin rallied 20.72% from its March 29 low to the April 17 peak at $78,380, a 13,444-point pole move in roughly three weeks. Since the peak, price has traded inside a descending parallel channel, the bull flag structure that typically signals continuation after a sharp advance.

The flag’s upper trendline has been tested twice in recent sessions, on April 18 and again on April 20. The last attempt printed a long upper wick. That wick marks the session where buyers pushed price into resistance and sellers took some control before the close.

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Volume quality tells the same story. Buy-session volume inside the flag has come in below the prior sell-session volume, an asymmetry that reverses the usual bullish read. Volume compression inside a flag is normal. Volume compression where sellers keep outweighing buyers is a weaker signal.

Bull Flag Pattern
Bull Flag Pattern: TradingView

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The pattern itself is still intact. The execution against the ceiling, however, has not delivered the conviction bulls need for a first-attempt breakout. With spot volume sending mixed signals, the next question is whether derivatives positioning is filling the gap.

Open Interest Has Shed Nearly 10% Since the Flag Formed

Since the April 17 peak, Bitcoin open interest, the total dollar value of outstanding perpetual futures positions, has dropped from $30.46 billion to $27.44 billion. That is roughly a 10% reduction across three trading sessions.

The funding rate, the periodic payment between long and short positions in perpetual contracts, has moved from -0.014% on April 17 to -0.002% today. Negative funding means shorts pay longs. The shift toward zero suggests short positioning has been closing out or getting forced out.

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Bitcoin Open Interest and Funding
Bitcoin Open Interest and Funding: Santiment

The bullish contrarian setup would pair rising open interest with deeply negative funding, a sign of shorts stacking into the rally. This chart shows the opposite. Open interest is shrinking while funding normalizes toward zero. New Bitcoin longs are not stepping in to replace the exiting shorts. And even new shorts are waiting on the sidelines.

Interpreted carefully, the derivatives market is not voting in either direction. It is resetting. Clean decks sometimes precede sustainable moves, but a reset alone does not supply the demand a breakout needs. With leverage neutralized, spot positioning becomes the decider.

Long-Term Holders Added More Than 10% Since the Rejection

The Hodler Net Position Change, a Glassnode metric that measures how much long-term holders are accumulating each day, has climbed from 32,942 BTC on April 17 to 36,482 BTC on April 19. That marks a 10.75% jump in hodler accumulation over three sessions, a large swing by Bitcoin’s scale.

Hodler Net Position Change
Hodler Net Position Change: Glassnode

The identity of the sellers becomes clearer when cross-referencing the HODL Waves, a Glassnode distribution that splits circulating supply by wallet age band. The 1-week to 1-month cohort, which captures the most recent speculative buyers, peaked near 4% on April 9 and has since dropped to 2.781% on April 19.

BTC HODL Waves 1w-1m
BTC HODL Waves 1w-1m: Glassnode

That cohort has compressed by roughly 30% in ten days. The pattern is consistent with recent speculative buyers booking profits into the rally, while longer-term holders absorb the supply on the dip.

The rotation from weak to strong hands is happening quietly inside the flag consolidation. The hodler behavior answers the question derivatives could not. Leverage is neutral because spot is doing the buying, and the flag’s next move now hangs on a single price trigger.

Bitcoin Price Levels That Decide the $90,000 Path

Bitcoin price needs a daily close above $75,190.98, the 0.236 Fibonacci level drawn from the $64,869 pole base to the $78,379 peak. That level was tested and rejected on April 20, keeping the flag’s resistance cluster intact.

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A decisive close above $75,190 opens the path for the flag to resolve higher. The pole projection, measured by extending the 20.72% pole move from the breakout point, targets $90,841.57 on the chart. That is roughly a 21% advance from the current zone if the breakout confirms with volume.

Bitcoin Price Analysis
Bitcoin Price Analysis: TradingView

Today’s green candle has not been accompanied by a leverage buildup in derivatives. That is a healthy sign, because the move has room to extend without being immediately exposed to a long squeeze. A confirming breakout would turn the leverage reset from a neutral condition into a loaded spring.

The pattern nuance is the two failed probes at the ceiling. A deeper retest toward the 0.382 level at $73,218 or the 0.5 level at $71,624 could precede a cleaner second attempt. A loss of the 0.618 level at $70,030 would mostly invalidate the bullish pattern.

For now, $75,190 separates the continuation case that targets $90,000 from a deeper retest that could drain the bull flag’s upside.

The post Bitcoin Hodlers Add 10% as BTC Lines Up a Run to $90,000 appeared first on BeInCrypto.

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Bitmine Expands ETH Holdings with 101,627 ETH, Largest Since Dec 2025

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Crypto Breaking News

Bitmine Immersion Technologies, the world’s largest public Ether treasury, expanded its ETH position last week with a sizable purchase, adding 101,627 ETH during the week of April 13–19. The move, disclosed in a press release and an accompanying Form 8-K filed with the U.S. Securities and Exchange Commission, underscores a growing appetite for Ether among publicly traded crypto treasuries.

After the latest buy, Bitmine’s Ether holdings stand at 4,976,485 ETH, valued at roughly $11.5 billion at a reference price of $2,301 per ETH. The company’s balance sheet also includes 199 BTC, a stake in Beast Industries, a stake in Eightco Holdings, and about $1.12 billion in cash, bringing total crypto and cash holdings to about $12.9 billion. The disclosure cements Bitmine’s lead among public-company Ether treasuries and illustrates how crypto balance-sheet strategies are extending into traditional markets.

Key takeaways

  • Bitmine added 101,627 ETH in the week of April 13–19, bringing its total to 4,976,485 ETH (≈$11.5 billion at $2,301/ETH).
  • The company’s Ether holdings now represent more than 4% of the total Ether circulating supply, with Bitmine stating it is 82% of the way toward its long-running “alchemy of 5%” target.
  • Bitmine’s broader balance sheet includes 199 BTC, stakes in Beast Industries and Eightco Holdings, and about $1.12 billion in cash, for a combined $12.9 billion in crypto and cash.
  • Institutional staking expansion continues through the MAVAN platform, with 3.33 million ETH staked and annualized staking revenues surpassing $200 million.
  • Public-market momentum follows Bitmine’s NYSE uplisting and expanded share buyback program, signaling a growing integra­tion of crypto treasuries into traditional equity markets.

Bitmine’s ETH accumulation and the public-treasury trend

The April purchase reinforces Bitmine’s pattern of aggressive ETH accumulation, a strategy it has pursued over multiple weeks. Tom Lee, Bitmine’s chairman, characterized the recent crypto cycle as a “mini-crypto winter” and suggested that the base case for ETH remains constructive as the sector recoveries take shape. “Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case ETH is in the final stages of the ‘mini-crypto winter,’” Lee said. The move aligns with a broader narrative in which public companies with transparent treasuries push into larger-scale ETH holdings to diversify reserves or leverage potential upside in Ether’s price trajectory.

With the latest addition, Bitmine’s ETH stake accounts for a sizable share of circulating Ether. The firm’s stated goal—to reach an “alchemy of 5%” of total Ether supply—has driven a measured, long‑term accumulation approach rather than rapid, speculative buying. Bitmine notes it is currently about 82% of the way toward that 5% milestone, a target that has likely shaped both its bid prices and timing of purchases in recent weeks. CoinGecko tracks Ether treasuries and provides a broader view of where Bitmine sits within the top holders, a context that helps readers understand the sector’s evolving ownership landscape.

The announcement coincides with Bitmine’s recent NYSE uplisting, which followed its transition from NYSE American and the expansion of its share buyback program. The move into a more visible, mainstream trading venue reflects a maturation of crypto-native balance-sheet strategies as investors increasingly scrutinize the asset mix and governance around treasury decisions in public markets.

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From custody to yield: staking as a strategic lever

Beyond its treasury tally, Bitmine has intensified its staking operations through MAVAN (Made in America Validator Network), a platform designed to support institutional-grade Ethereum staking with a focus on security and performance. The company reports that about 3.33 million ETH are currently staked, generating annualized staking revenues north of $200 million. This shift toward staking as a revenue stream complements its treasury growth by converting idle Ether into cash-flow, illustrating how crypto treasuries can pursue yield strategies without sacrificing long-term ownership of the underlying asset.

Observers of the staking landscape note that liquid-staking options and governance participation will increasingly shape the economics of large Ether holdings. In related coverage, industry voices have highlighted the importance of liquidity and diversification for Ether treasuries seeking to outperform passive ETF or index-based exposures. Bitmine’s approach—combining large-scale staking with a diversified balance sheet—offers a concrete example of how institutions are balancing potential upside with risk management in a volatile market.

Market context and what to watch next

Bitmine’s latest update sits at the intersection of two ongoing narratives: the reintegration of crypto treasuries into mainstream markets and the ongoing debate over Ether’s demand dynamics as central-bank policy, macro risk, and sector adoption continue to evolve. The company’s leadership has framed the move as a deliberate, long-horizon program rather than opportunistic buying. If Ether maintains its recovery trajectory, Bitmine’s 5% aspiration could come into clearer view in the years ahead, potentially shaping a floor for treasury strategies across the sector.

Investors and market watchers will be watching for further developments in Bitmine’s staking operations, potential changes in its treasury composition, and any updates related to its NYSE-listed status and share buyback cadence. The company’s stance on liquidity, risk management, and governance around treasury decisions will be key indicators of how credible and scalable such public-entity crypto balance-sheet strategies can be in the wider capital markets.

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Additionally, the trajectory of Ether itself—whether macro conditions permit sustained upside, if liquidity constraints tighten, or if regulatory scrutiny alters risk appetite—will influence the relevance and effectiveness of Bitmine’s strategy. As Lee noted at Paris Blockchain Week 2026, Ether could climb above $60,000 in the coming years if the market regime shifts favorably, a prospect that could validate Bitmine’s long-horizon approach and the broader push toward institutional custody of crypto assets.

For those tracking the sector, CoinGecko’s Ether treasury rankings remain a useful reference point for context on where Bitmine sits relative to other public holders, and SEC-disclosed filings will continue to offer transparent windows into the mechanics of large-scale purchases and treasury management. The latest filing confirms the scale and cadence of Bitmine’s buying program and reinforces the broader point: public-market players are increasingly treating crypto assets as strategic balance-sheet instruments rather than mere risk-on bets.

What’s next to watch is whether Bitmine sustains the weekly cadence of ETH purchases, how its MAVAN staking yields evolve amid changing network economics, and how the market absorbs further disclosure about treasury management as more traditional firms contemplate similar balance-sheet moves.

Source details and data: Bitmine’s press release and Form 8-K with the U.S. SEC confirm the 101,627 ETH purchase and the updated total of 4,976,485 ETH, valued at approximately $11.5 billion at a reference price of $2,301 per ETH. The company’s broader holdings include 199 BTC, stakes in Beast Industries and Eightco Holdings, and about $1.12 billion in cash, amounting to roughly $12.9 billion in total crypto and cash assets. The disclosure notes that 3.33 million ETH are staked, generating over $200 million in annualized staking revenue. CoinGecko is cited for context on Ether treasuries, and the narrative references Bitmine’s NYSE uplisting and expanded share buyback program as part of its public-market strategy. For additional context, the referenced SEC filing appears at the link accompanying the press release.

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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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3 Meme Coins to Watch in the Fourth Week of April 2026

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Cup and RSI Setup

The meme coin sector enters the fourth week of April 2026 up roughly 8% over seven days.Yet, the largest token in the category has lagged.

The split suggests rotation is running below the surface, not led from the top. BeInCrypto analysts have identified three meme coins to watch this week, with technical structure, divergence, and one scheduled catalyst as the triggers.

Dogecoin (DOGE)

Dogecoin (DOGE), the largest meme coin, trades at $0.09482. It is up trading flat on the day but only 3.5% over the past seven days. That pace trails the wider meme coin sector.It also places the biggest token firmly among the meme coins to watch this week. The underperformance is the story.

It suggests the 8% sector-wide gain has come without DOGE participation. Therefore,any rotation back into the largest name would add fuel the rally has not yet tapped. The technical setup appears to be building the base for that catch-up trade.

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The daily chart shows a cup and handle pattern forming, with a sloping-up neckline and the handle currently shaping as a descending channel. A bullish RSI divergence reinforces the setup. Between February 19 and April 19, DOGE printed progressively lower lows while the Relative Strength Index (RSI), a momentum oscillator, tracked higher lows.

Cup and RSI Setup
Cup and RSI Setup: TradingView

RSI has now crossed above the 50 line on the latest green candle.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

A daily close above $0.095 opens the door to a handle breakout, validating a divergence-led bounce. Above $0.103, DOGE clears the 0.786 Fibonacci level at $0.103 and the cup neckline, potentially triggering a roughly 12% move toward $0.115 at the 1.618 extension.

DOGE Price Analysis
DOGE Price Analysis: TradingView

A loss of $0.092 weakens the entire pattern and reopens downside toward the cup’s base.

Official Trump (TRUMP)

Official Trump (TRUMP) trades at $2.83, up 1.47% on the day but hovering near the lower end of its multi-week range. The TRUMP token enters this week’s meme coin watchlist because of a scheduled catalyst.

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A gala luncheon for the top 297 holders is planned for April 25 at Mar-a-Lago, an event that previously drove a price jump when first announced in March. Some uncertainty persists around the president’s attendance because he is also scheduled for the White House Correspondents’ Dinner that evening.

A bullish RSI divergence supports the case for a rebound into the event. Between March 29 and April 19, TRUMP price registered a lower low while RSI printed a higher low. Price and momentum are drifting in opposite directions, which historically opens the door to a mean-reversion bounce.

TRUMP Price Analysis
TRUMP Price Analysis: TradingView

Key levels are stacked close overhead. A daily close above $2.94 clears the 0.236 Fibonacci first hurdle, with $3.04 at the 0.382 level as the next confirmation.

Beyond that, $3.21 at the 0.618 level is the strongest hurdle, and a push above $3.49 at the 1.0 retracement opens the path toward the March highs. Failure to reclaim $2.94 keeps the $2.77 base exposed.

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Pepe (PEPE)

Pepe (PEPE) is trading at $0.000003740. This meme coin shows the cleanest momentum among this week’s meme coins to watch. PEPE is up 8.3% over the past 30 days and 7.3% over the past seven days. That alignment suggests buyers are stepping in on every dip rather than selling into strength, setting the stage for a potential technical breakout.

The daily chart shows a pattern-within-pattern structure.

PEPE has been trading inside a falling channel since late February, a bearish formation. Within that channel, a cup and handle pattern has taken shape, with the recent consolidation below resistance appearing to form the handle. The decisive feature is the overlap.

The upper trendline of the falling channel aligns with the neckline of the cup near $0.00000416. A breakout through that level would invalidate the bearish channel and confirm the bullish cup structure in one move.

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PEPE Price Analysis
PEPE Price Analysis: TradingView

Near-term hurdles for this meme coin sit at $0.00000378, the 0.5 Fibonacci level, followed by $0.00000394 at the 0.618 level. Clearing $0.00000416 at the 0.786 level and the channel top opens a measured move toward $0.00000526. That’s roughly a 30% advance toward the 1.618 extension.

A drop back into the lower channel weakens the setup and reopens downside toward the $0.00000312 zone.

The post 3 Meme Coins to Watch in the Fourth Week of April 2026 appeared first on BeInCrypto.

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The leading crypto to buy and hold for short-term ROI

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BFX vs KAS: The leading crypto to buy and hold for short-term ROI - 2

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Kaspa gains steady traction as BlockchainFX draws attention ahead of launch.

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Summary

  • BlockchainFX (BFX) gains momentum in presale as over $14.26M is raised ahead of its $0.05 launch price.
  • Investors are shifting attention to BFX, a multi-asset Super App offering trading across crypto, stocks, and forex.
  • BFX attracts 23,500+ participants with staking rewards and revenue-sharing tied to platform trading fees.

Ever looked at an empty wallet and wondered why someone skipped that one coin everyone joked about before it turned into a gold mine? Missing out on life-changing gains hurts more than a rug pull, but finding the top crypto to buy and hold for short-term returns fixes everything.

The crypto market moves fast as Kaspa (KAS) news shows steady growth while BlockchainFX (BFX) prepares for its big debut. Many search for the top crypto to buy and hold for short-term gains as these two projects dominate recent trends.

BFX vs KAS: The leading crypto to buy and hold for short-term ROI - 2

BlockchainFX: The licensed multi-asset powerhouse dominating the BFX crypto presale 2026

BlockchainFX (BFX) is not just another token; it is a licensed multi-asset Super App designed to bridge decentralized finance with traditional markets. While most platforms lock users into one niche, this ecosystem allows for trading over 500 assets, including crypto, stocks, gold, and EUR/USD from one web3 interface. The BFX crypto presale 2026 is currently the top crypto to buy and hold for short-term utility because it solves the fragmentation problem in modern trading.

The project is moving at light speed. With over $14.26 million raised and 23,500+ participants already on board, the energy is undeniable. Early buyers are grabbing tokens at the current price of $0.035 because the demand is skyrocketing as people realize the guaranteed upside. The launch price is set at $0.05, which means early adopters secure a massive value increase before trading even begins.

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Why early adopters are swapping other bags for BFX

The math behind the platform is designed for long-term wealth. Instead of just holding a speculative asset, BFX stakers receive daily rewards in both BFX and USDT. This comes from 70% of the platform trading fees being sent back to the community.

Feature BlockchainFX benefit
Asset Variety 500+ Assets (Forex, Stocks, Gold, Crypto)
Passive Income Up to 70% Fee Redistribution to Stakers
Security Fully Audited by CertiK and Coinsult
Physical Utility Metal and 18-Karat Gold BFX Visa Cards

Massive financial upside and founder perks

The global market potential is staggering. Daily forex volume sits at $7.5T while crypto is only at $89B. This tiny 0.87% slice of the pie means BlockchainFX has massive room to expand. Participants who enter now can also unlock “Founder’s Club” perks, including up to $25,000 in trading credits and exclusive Visa cards that bridge crypto to real-world spending.

Huge $500,000 giveaway and launch news

The community is buzzing because a $500,000 giveaway is currently live. Ten lucky participants will split this massive pool of $BFX tokens. The top prize alone is $120,000. Additionally, the team has a major update: once the raise hits $15M, BlockchainFX will officially launch. Being so close to $14.2M means the clock is ticking. Use the bonus code CEX60 right now to secure 20% extra tokens on any purchase. This bonus turns a standard position into a powerhouse portfolio instantly.

The Kaspa price legacy: A lesson in speed

Kaspa news reminds everyone of what happens when a runner is caught early. Starting at an ICO price that was a fraction of a cent, Kaspa multiplied its value by hundreds of times. Early adopters who ignored the skeptics saw their small bags turn into massive fortunes.

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Many people doubted the BlockDAG tech behind Kaspa early on, but those who held tight became wealthy. While that ship has sailed for those looking for 100x gains, the crypto world always provides a fresh start. Missing the Kaspa price explosion was a mistake, but not a final one.

BFX vs KAS: The leading crypto to buy and hold for short-term ROI - 3

Is BlockchainFX the top crypto to buy and hold for short-term gains?

The BlockchainFX presale is the clear answer for anyone tired of watching from the sidelines. With its $0.035 current price and the 20% extra tokens available via code CEX60, the potential for immediate ROI is massive. It captures the same energy that made early Kaspa buyers rich.

Do not let this be another story about the one that got away. Secure a spot in the BlockchainFX presale today to claim a share of the $500,000 giveaway and referral rewards. The move toward the $15M launch target is happening fast. This is the top crypto to buy and hold for short-term success in 2026.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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RaveDAO accused by ZachXBT of ties to ‘suspicious’ crypto exchange activity

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RaveDAO accused by ZachXBT of ties to ‘suspicious’ crypto exchange activity

Blockchain sleuth ZachXBT wrote on Sunday that the team behind RaveDAO is at least aware of who manipulated the price of its token, which saw an impossible 11,000% surge in price followed by a near immediate collapse.

“I found suspicious CEX (centralized crypto exchanges) activity on April 26 tied to RaveDAO team addresses onchain, which potentially contradicts their recent statements,” the blockchain investigator said.

In a separate post, ZachXBT flagged a transfer from a RAVE address used for “initial distribution” by RaveDAO from which roughly $23 million worth of tokens were transferred to two Bitget deposit addresses causing the price to drop 40% from $1 to $0.6.

RaveDAO posted a six-part X thread on Saturday, previously reported by CoinDesk, stating “we are aware of the rumors and accusations circulating regarding $RAVE and the RaveDAO team. We want to be clear: RaveDAO team is not engaged in, nor responsible for, recent price action.”

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However, ZachXBT said, “given the supply concentration, the team at minimum knows who is responsible for this price action.”

In a separate X post, the investigator said, “you expect the community to believe RAVE went $60M -> $6B mkt cap organically in nine days with little to no utility? Considering your team handled the initial distribution with a low float it’s unlikely you do not know the party responsible for it.”

The RaveDAO token, which increased by nearly 11,000% in nine days from about $0.25 to $27.33, then plunged by over 90%, losing roughly $5.7 billion in market capitalization in just 48 hours. Its price currently hovers around $0.67.

The sleuth also said RAVE is not the only token with manipulation “we have seen on major centralized exchanges. It’s just the most blatant.” He also said it was highly unlikely the CEXs did not spot the massive $RAVE token price movements.

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UK-based Reabold draws criticism for weighing gas-powered bitcoin mining operation

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UK-based Reabold draws criticism for weighing gas-powered bitcoin mining operation

Reabold Resources, an investment company focused on developing European gas projects, said it is considering establishing a gas-powered bitcoin mining station in northern England.

The London-based company is exploring the potential to deploy a small power plant as a pilot for future data-center developments that are “crucial to the future U.K. economy,” it said in a statement on Monday.

Bitcoin production from the company’s West Newton A well site will be used to demonstrate the ability to use the gas to fuel data-center developments, the firm said. The announcement follows publication of a Telegraph article criticizing the plan at a time when the country could face gas shortages because of the war between Iran and the U.S. and Israel.

Concerns of potential gas shortage are unfounded according to a U.K. government statement in late March, which said gas supply will not be affected.

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“Only about 1% of the U.K.’s gas supply in 2025 came from Qatar. We have no reason to expect it would be significantly different in 2026,” it said.

The Telegraph’s article said Reabold’s West Newton gas field is so large it could theoretically power the creation of 50,000 bitcoin tokens.

“A private gas supply means we can run a data centre to mine bitcoin relatively cheaply,” said Sachin Oza, the co-CEO of Reabold Resources, which has a drilling license by the Environment Agency.

“Initially, this would help fund the further development of the gas field and prove the concept – meaning it could become the precursor to a far larger data center.”

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But, the firm said, “the significant onshore natural gas resource at the West Newton site in Yorkshire has and will continue to be progressed for the benefit of U.K. energy security, which is particularly important at this time of significant geopolitical uncertainty.”

Reabold’s plan for a bitcoin mining operation to broaden into a data center comes bitcoin mining is undergoing a transformation, with many companies diverting into high-performance computing and support for the AI industry.

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