Crypto World
OKX joins crypto’s pre-IPO frenzy with OpenAI, SpaceX perpetual futures
OKX is preparing to offer perpetual futures tied to private companies, including OpenAI, SpaceX, and Anthropic, intensifying a growing race among crypto firms to bring pre-IPO speculation markets on-chain, the company said Wednesday in a blog post.
The contracts will provide synthetic price exposure to private companies ahead of their anticipated public listings, without granting actual equity ownership or shareholder rights.
Bitget entered the sector in April with “IPO Prime,” listing a Solana-based SpaceX-linked token issued through investment platform Republic. Last year, Injective rolled out pre-IPO perpetual futures tied to firms including OpenAI, Anthropic, SpaceX, and Perplexity, describing the products as a way to bring the $13 trillion private equity market “directly on-chain.”
The trend also reflects how crypto exchanges are increasingly moving beyond bitcoin and ether (ETH) trading to include equities, prediction markets, and real-world assets as they seek new sources of trading activity.
Robinhood tried something similar but took a different approach last year. The fintech platform offered OpenAI-linked tokens backed by a special purpose vehicle that held equity purchased on the secondary market, rather than direct equity ownership.
OpenAI publicly distanced itself from the product at the time, warning that any transfer of actual company equity would require its approval.
Crypto World
XRP News: Garlinghouse “I’ve never been an XRP maxi” Comment Could Supress XRP Price
Ripple CEO Brad Garlinghouse is in the news after he used his XRP Consensus 2026 stage to do something unusual. He explicitly says, “I’ve never been an XRP maxi,” adding directly, “I want Bitcoin to succeed.” The remarks land as BTC reclaims $81,000.
Ripple executive publicly backing Bitcoin’s upside while Bitcoin is actively reclaiming a pivotal level is a strategic signal on where the industry’s center of gravity is heading.
Discover: The latest institutional XRP developments and what they mean for price
Decoding Garlinghouse Signal
Garlinghouse’s argument is straightforward and structural. He noted that the crypto industry does not consolidate around one chain; it expands into a multi-chain ecosystem where distinct networks serve distinct purposes.
Glassnode reports a +199.1% surge in spot CVD over the past week, indicating that aggressive spot buying is driving BTC’s recovery above $78K. Market correlation between spot demand and price structure is what precedes altcoin rotation. When spot CVD spikes on Bitcoin, history shows risk appetite expands across the asset class.
Garlinghouse confirmed he holds Bitcoin and Ethereum alongside XRP, and has actively lobbied against a Bitcoin-only U.S. crypto reserve framework. When the Trump administration initially floated a BTC-exclusive reserve, Garlinghouse pushed policymakers toward a multi-asset model.
That lobbying effort was validated when the U.S. Treasury formally endorsed a multi-asset reserve approach. And it’s not just the U.S government, but more than 200 entities across the world.
Discover: The best pre-launch token sales
Beyond XRP News: Ecosystem Unity Matters More Than Maxi Loyalty
Bitcoin’s dominance effect on altcoins is a recurring market pattern. BTC ETF inflows historically precede altcoin rallies by two to four weeks as institutional capital uses Bitcoin as the on-ramp before rotating into higher-beta assets.
Garlinghouse’s Ripple $1.2 billion in On-Demand Liquidity volume using XRP in Q1 2026, up 45% year-over-year, driven by new corridors in Brazil and Japan. Ripple also announced, as reported in the news, a $500 million investment in AI-driven custody solutions, integrating both XRP and BTC for institutional clients, making the ecosystem-unity thesis operational.
Messari analyst Ryan Selkis framed it cleanly: “BTC at $78K lifts all boats; XRP’s utility shines in a rising tide, not isolation.” Tribalism is a retail-era relic. Institutional capital does not pick sides; it allocates across correlated assets based on risk-adjusted return.
Discover: The best crypto to diversify your portfolio with
The post XRP News: Garlinghouse “I’ve never been an XRP maxi” Comment Could Supress XRP Price appeared first on Cryptonews.
Crypto World
Jim Cramer’s Reset Call Could Impede Bitcoin Move Reclaiming Its Bull Market Support
Bitcoin (BTC) climbed back above $82,000 on Tuesday, recovering ground last held in late January, as CNBC’s Jim Cramer told viewers US equities had cooled enough to support another leg higher.
BTC traded near $82,450 on Binance, up roughly 1.9% on the day. Cramer flagged compute-AI, financials, travel and leisure, and Middle East rebuild manufacturing as likely sector leaders if the rally extends.
Cramer’s Reset Call Lands as Bitcoin Tests its Recovery Line
Cramer’s mid-April warning that US markets had become extremely overbought has shifted. The CNBC host now says equities are no longer stretched and could push higher.
His sector list led with compute and AI infrastructure plays. Financials, travel and leisure, and US manufacturers tied to Middle East reconstruction rounded out the picks.
The framing matches earlier Cramer commentary that the AI buildout is reshaping equity leadership.
“The computer-driven economy doesn’t care much about oil or interest rates,” said Cramer.
For Bitcoin holders, his macro reset matters because BTC has tracked US risk assets closely through this cycle.
Spot Bitcoin ETFs pulled in $2.44 billion in April, the strongest monthly figure since October 2025.
BTC Reclaims its Bull Market Support After months below
The move above $80,000 on May 4 was the first since January 31. Bitcoin had tested that level twice in 2026 and been rejected both times.
The reclaim also pushed price back above the bull market support band that had capped every recovery attempt since November 2025. Analysts treat that band as a regime line between bear and bull conditions.
The 200-day EMA near $82,108 sits just below current price. Holding it on a daily close would mark the first such reclaim since the post-record-high decline began in late 2025.
Daily RSI(14) sits at 71.30, just inside overbought territory. The signal cuts both ways, showing fresh momentum but also raising the odds of a near-term cooldown.
Inverse Cramer Chatter and Macro Skeptics
Replies to Cramer’s reset have leaned heavily on the inverse-Cramer trade. Traders cited recent Nasdaq and S&P 500 volatility as evidence that the technical reset may not hold.
The skepticism is not new. Cramer’s flips between bullish and bearish on Bitcoin have made his calls a contrarian indicator for parts of the trading community.
The Middle East thread carries its own complications. The Trump administration has pitched Kuwait, Bahrain, and the UAE on using American firms for reconstruction, with energy rebuild costs alone estimated at roughly $25 billion by Rystad Energy.
Total Gulf reconstruction tied to the Hormuz crisis fallout could run between $100 billion and $250 billion over a decade, according to industry estimates.
That spending pipeline is what Cramer says US manufacturers are positioned to capture.
The next test for BTC is whether it can hold the 200-day EMA into the weekend.
A daily close above it would confirm Cramer’s risk-on framing for the bulls. A rejection would hand the inverse-Cramer crowd another data point.
The post Jim Cramer’s Reset Call Could Impede Bitcoin Move Reclaiming Its Bull Market Support appeared first on BeInCrypto.
Crypto World
Zcash (ZEC) Explodes 40% Daily: What Drives the Pump and What’s Next?
The cryptocurrency market continued its upward move, and Zcash (ZEC) is the best-performing top-100 digital asset today (May 6).
The massive resurgence has reignited bullish sentiment among analysts, with some eyeing an explosion to a potential all-time high in the short term.
The Start of a New Bull Run?
Earlier today, ZEC climbed to almost $600 after posting a 40% daily increase. This represents the token’s highest level since November last year, while its market capitalization exceeded the $10 billion milestone. In other words, ZEC has reclaimed a spot among the 15 biggest cryptocurrencies after flipping Cardano (ADA), Monero (XMR), Bitcoin Cash (BCH), and other popular altcoins.

The sudden move north was likely triggered by Tushar Jain’s (Co-founder and Managing Partner of Multicoin Capital) recent announcement. He revealed that his entity has built a significant position in ZEC since February and highlighted the project’s privacy focus.
“We believe that truly private, censorship and seizure-resistant assets have a clear product-market fit and demand is accelerating. We believe ZEC is the cleanest way to express this thesis in public markets,” his post reads.
Of course, another possible catalyst could be the green wave passing through the broader cryptocurrency market. Bitcoin (BTC) has surged past $82,500, while numerous altcoins such as Dash (DASH), Toncoin (TON), Filecoin (FIL), and Internet Computer (ICP) have jumped by double digits over the past 24 hours.
Many analysts expect ZEC’s rally to continue in the coming weeks and months. X user WIZZ, for instance, predicted that the asset’s price could reach a four-digit range later this year, marking a new all-time high.
For his part, Ardi paid attention to the $550 level, describing it as “the macro lower-high resistance area” that stopped the prior breakout attempt in December 2025. As mentioned above, the valuation climbed above that zone, and it will be interesting to see whether it now heads into uncharted territory.
Meanwhile, on-chain activity also points to growing confidence among traders. According to Lookonchain, a newly created wallet opened a 10x long position on 5,000 ZEC (worth $2.64 million). Such aggressive leveraged positions signal that some market participants expect further upside, adding another layer of bullish momentum to the breakout.
The Risks Remain
The crypto sector might have been on an evident uptrend lately, but that doesn’t guarantee that the bear market is over. This means that ZEC, alongside many other digital assets, could head south just as sharply should the bulls lose momentum.
The asset’s Relative Strength Index (RSI) should serve as another warning. The ratio has skyrocketed to 96 (out of 100), indicating the price has increased too much in a short period and could be on the verge of a pullback. Conversely, readings below 30 are typically interpreted as buying opportunities.

The post Zcash (ZEC) Explodes 40% Daily: What Drives the Pump and What’s Next? appeared first on CryptoPotato.
Crypto World
Key Bitcoin Metric Suggest BTC Price Has Room for Further Expansion
Bitcoin (BTC) buyers resumed their activity during the early Asian trading hours on Wednesday, pushing the price to a new multi-month high of $82,240.
Onchain indicators, including the short-term holder (STH) cost basis, suggest that the BTC price can go higher, with the next big target at $92,000.
Key takeaways:
- Bitcoin holders are back in profit, increasing the chances of reaching $92,000.
- BTC bulls must overcome resistance at $84,000 to continue the uptrend.
Bitcoin price eyes $92,000 next
Data from TradingView shows that BTC/USD had risen 37% to trade above $82,000 from its multi-month low of $60,000 reached on Feb. 6.
This rally has seen Bitcoin rise above the cost basis of its short-term holders, currently at $79,000, according to data from Glassnode.
STH cost basis refers to the average purchase price of investors who have held Bitcoin for less than 155 days.
Historically, reclaiming this level has coincided with extended recovery phases, as investors returning to profit are often less inclined to sell and more willing to add exposure. The shift can also attract fresh buyers and trigger short squeezes as bearish positioning unwinds.
Related: Bitcoin in ‘disbelief rally’ as traders spot $84K BTC price target
The chart below shows that when the price reclaimed its realized price in April 2025, it rallied 30% toward the upper band of this metric at $112,000 four weeks later.
Similar occurrences in October 2024, October 2023 and January 2023 also saw the BTC price rally toward the same onchain level, as shown in the chart below.
If BTC breaks above the line, there is a good chance of seeing $92,423 in the short term, about 13% above the current price.

Bitcoin STH cost basis. Source: Glassnode
“Bitcoin has crossed the coveted ‘short-term holder breakout,’” analyst Mitchell Askew said in a Wednesday post on X, adding:
“This typically signals the end of bear markets and consolidation periods.”
Bitcoin analyst Plan C said if the price “can find sustained support above this level,” it would confirm that the 50% drawdown from the $126,000 all-time high was just a “mid-cycle correction.”
Meanwhile, Bitcoin’s STH spent output profit ratio (SOPR) has flipped positive, showing early signs of a shift in market behavior.
The metric is “back above 1, which usually means recent buyers are back in profit and selling pressure is easing,” analyst BitBull said in a Wednesday post on X, adding:
“This is where markets often move from accumulation into early bullish phases.”

Bitcoin STH SOPR. Source: BitBull
As Cointelegraph reported, several technical indicators suggest that Bitcoin’s bottom is in, with analysts setting targets as high as $250,000 within a year.
Bitcoin’s price needs to flip $84,000 into support
Bitcoin’s bullish weekly close above the 20-week exponential moving average and true market mean at $78,300 has convinced traders it can move higher from current levels.
Analysts say the continuation of Bitcoin’s rally now hinges on breaking above the $82,000-$84,000 supply zone.
Bitcoin is retesting the low $80,000s region, which “corresponds with the November lows and the Daily 200MA/EMA coming in a bit higher,” trader and analyst Daan Crypto Trades said in his latest Bitcoin analysis on X.
Note that the 200-day EMA and the 200-day simple moving average are at $82,600 and $83,402, respectively.
This is a “big level” for Bitcoin bulls, the analyst said, adding:
“Acceptance higher can lead to a further bounce back into the $90Ks, but a rejection will likely keep this rangebound with $80K as the ceiling for a while.”

BTC/USD daily chart. Source: X/Daan Crypto Trades
MN Capital founder Michael van de Poppe shared a chart showing $84,000-$86,000 as the “next resistance zone,” which, if broken, could potentially see Bitcoin “continue to the 50-Week MA around $90K.”
Meanwhile, Bitcoin’s whale order book showed “big ask orders concentrated” between $82,000-$84,000, making it a crucial level for the bulls to overcome.

Bitcoin whale order book. Source: CoinGlass
As Cointelegraph reported, the BTC/USD pair may rise as high as $92,000 if resistance at $84,000 is broken.
Crypto World
InsightX Unveils Atlas Live First Real-Time Token Concentration Map
InsightX is expanding its on-chain safety toolkit with Atlas Live, a real-time token holder map designed to give traders immediate visibility into who holds and moves tokens. Announced from Odense, Denmark on May 6, 2026, Atlas Live builds on the widely used Atlas holder visualization and turns it into a live, decision-ready research engine. The platform is positioned as a first-of-its-kind real-time map, enabling continuous observation of holder activity without the need to refresh or wait for periodic updates.
Atlas Live integrates Atlas, a tool trusted by millions of traders for quick grasp of token ownership and clustering patterns that can reveal coordinated wallet activity. The live service expands Atlas’ reach by embedding itself into major DeFi gateways and dashboards, including Pump.fun, Axiom, Terminal, and GMGN. Its real-time data stream is designed to shorten the lag between discovery and action in a market where rapid moves can define outcomes for early investors and risk-averse participants alike.
Key takeaways
- Atlas Live delivers the world’s first live token holder map, letting traders watch wallets buy, sell and transfer tokens in real time.
- The platform removes the need for manual refreshing, providing instant visibility into distributions and movements as they happen.
- Historical mode enables researchers to rewind a token’s distribution, analyzing behavior at any moment to identify patterns beyond static snapshots.
- AI-powered detection uncovers hidden links and ownership structures, helping distinguish ordinary flows from potentially coordinated or malicious activity.
- Atlas Live is available across 15 ecosystems, including Solana, Ethereum, BNB Chain, and Polygon, enabling cross-chain analyses at scale.
Real-time data reshapes token research
The introduction of Atlas Live marks a shift from static holder maps to a continuously updated view of token ownership. In practice, traders can observe how large holders react to price moves, liquidity shifts, and newly minted supply, potentially signaling sell pressure or unusual accumulation long before a traditional dashboard would reflect it. Lasse Møller, CEO of InsightX, underscored the distinction between “real-time” in crypto and the everyday use of the term, noting that Atlas Live offers data without manual refreshes—the feed is live and instantaneous.
“The word ‘real-time’ gets used a lot in crypto, but it rarely means truly instant. With Atlas Live, there’s no refresh button, no delay. The data is just there – live, as it happens,”
Historical mode and deeper context
Beyond live observation, Atlas Live provides a historical lens. Researchers can rewind token distributions to study how early holders behaved and how a token’s ownership evolved over time. This capability helps answer questions such as when insider accumulation started, how it correlated with price action, and whether large transfers preceded liquidity events. The historical mode supports targeted investigations of specific moments rather than broad, one-off snapshots.
This capability is designed to support several practical objectives:
- Identify insider accumulation before a significant price move.
- Detect clusters of wallets that may indicate coordinated activity.
- Develop a chronological understanding of a token’s distribution trajectory.
AI-driven ownership insights
As on-chain networks grow more complex, the question of true decentralization becomes harder to answer simply by looking at holder counts. Tokens can appear widely distributed on paper, yet be controlled through a small set of entities or intermediary wallets connected by common funding streams. Atlas Live incorporates AI-powered detection to surface these hidden links, offering traders the context needed to distinguish normal market flows from suspicious patterns.
“Not everything is black and white. Large clusters of wallets can reflect legitimate exchange activity, but they can also signal coordinated behavior. Atlas Live helps traders understand that difference in seconds. Context matters,”
Speed, scope, and cross-chain reach
The platform blends speed with interpretive context, highlighting outsized movements by major holders and shifts in early liquidity that could precede a sell-off or rug pull. Atlas Live is built for immediacy and accuracy, with a cross-chain footprint spanning 15 ecosystems, including Solana, Ethereum, BNB Chain, Base, Abstract, XLayer, Monad, HyperEVM, Sonic, Avalanche, Sui, Tron, Polygon, Arbitrum, and Unichain.
About InsightX and Atlas Live
InsightX describes itself as a Web3 transparency and security platform that combines on-chain scanning with live holder maps to illuminate DeFi markets. Its Atlas visualization tool is a cornerstone product, already embedded in popular platforms such as Pump.fun and Axiom and used by a broad trading community. The Atlas Live rollout broadens the product’s reach by offering real-time, context-rich insights to traders, researchers, and ecosystem participants across multiple chains.
For readers seeking more information, InsightX maintains a public-facing presence with resources and documentation at its website and through Atlas Live’s dedicated app. Additional channels include the company’s social and community hubs where users can stay updated on new features and data capabilities.
Website: InsightX
Atlas Live App: Atlas Live App
X (formerly Twitter): @InsightXnetwork
Docs: Docs
Whitepaper: Whitepaper
Crypto World
South Korea’s KOSPI Breaks 7,000 Ceiling To Hit a New Record High
South Korea’s KOSPI broke through 7,000 for the first time in history on Wednesday. The index closed 6.45% higher at a record 7,384.56 in a rally driven by surging demand for artificial intelligence (AI) chips.
The benchmark is up roughly 75% year-to-date after gaining 76% in 2025, its strongest year since 1999.
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Notably, Samsung Electronics jumped 14.4%, lifting its market value above $1 trillion. It has become the second Asian company, after Taiwan Semiconductor Manufacturing Company (TSMC), to reach that mark.
SK Hynix climbed 10.6% to a fresh all-time high. Together, the two companies account for roughly 44% of the KOSPI’s total market capitalization.
Global demand for artificial intelligence hardware has emerged as a key driver shaping equity market performance. Meanwhile, easing tensions between the United States and Iran have further supported risk sentiment across Asian markets.
Bullish Bets on iShares South Korea ETF Surge 600% in Weeks
Meanwhile, South Korea’s manufacturing purchasing managers index (PMI) rose to 53.6 in April, the highest reading since February 2022. At the same time, exports climbed for an 11th straight month in April. The data has anchored the rally in fundamentals.
Bullish positioning on the iShares MSCI South Korea ETF (EWY) has also reached extreme levels. Call option notional open interest hit a record $5.5 billion last week. The Kobeissi Letter described the shift in a recent X post.
“The total dollar value of outstanding bullish bets has risen +600% over the last several weeks. To put this into perspective, weekly call open interest did not exceed $700 million before 2025,” the post read.
Net inflows into EWY have reached approximately $6.3 billion year to date. The fund has gained 68% in 2026 and surged 181% over the past 15 months, making it the top-performing major equity market globally.
The Kobeissi Letter said investors are positioning for further upside in South Korean equities.
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The post South Korea’s KOSPI Breaks 7,000 Ceiling To Hit a New Record High appeared first on BeInCrypto.
Crypto World
Bitcoin Price Prediction: The Hidden Timing of Daily Pump-and-Dump Cycles
Bitcoin just broke $82,000, but the real edge isn’t the prediction of where the price is going. It’s in knowing when it moves. Three months of session data reveal a surprisingly consistent internal rhythm to BTC’s recovery that most traders are simply sleeping through.

The data from Velo shows Bitcoin’s 31% rally since February 6 has been anything but evenly distributed across the clock. APAC hours (00:00–08:00 UTC) have contributed 13% of that move. The U.S. session (16:00–00:00 UTC) added 11.5%. Europe? A comparatively muted 6.5%. And within APAC, the single best-performing hour is the midnight UTC candle, averaging 0.10% per hourly close over the full period. Small number. Consistent edge.
Discover: The best crypto to diversify your portfolio with
Bitcoin Price Prediction: Break $89,000 This Week??
Bitcoin’s current technical setup is constructive. Price held above $80,000 support before it rallied toward $82,000 hours ago. The 24-hour range shows compression with 12 buy signals versus 7 sell signals across 23 oscillators and moving averages according to aggregated technical models.
The high of $89,000 is the resistance ceiling; a confirmed close above it would validate a renewed uptrend. If ETF inflows accelerate and the APAC session can maintain its momentum, BTC could test $89,500 in the mid-term. However, a daily close below $75,000 reopens the February lows near $63,000.

U.S. hours were flat-to-negative through most of February and March, then flipped decisively positive in early April. That pivot likely shows that institutional positioning is rotating into the New York session, which could compress the APAC edge over the coming weeks.
Discover: The best pre-launch token sales
Bitcoin Hyper Targets Early-Mover Upside as BTC Rallies
Bitcoin at $82,000 with $89,000 still uncaptured raises a fair question: how much asymmetric upside remains for spot BTC at this price? Institutional desks are already positioned. Retail is watching.
The magnitude of the next leg may disappoint latecomers relative to the risk being taken at current prices. That dynamic is exactly why some capital is rotating toward earlier-stage Bitcoin infrastructure plays.
Bitcoin Hyper ($HYPER) is positioning itself at that intersection, billing itself as the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, targeting faster-than-Solana transaction finality while preserving Bitcoin’s security layer.
The presale has raised $32.5 million at a current price of $0.0136, with staking available for early participants. Bitcoin’s programmability problems, like slow transactions, high fees, and no smart contracts, are solved at the infrastructure level rather than patched at the application layer.
Research Bitcoin Hyper’s full presale terms before allocating capital.
The post Bitcoin Price Prediction: The Hidden Timing of Daily Pump-and-Dump Cycles appeared first on Cryptonews.
Crypto World
Bitcoin Bear Market Not Over, Benjamin Cowen Says Despite Recent Rally
Bitcoin’s recent rally has not convinced Benjamin Cowen that the bear market is over. The Into the Cryptoverse founder warns the current move is likely to top within weeks before another decline, with a possible low arriving in October.
His thesis hinges on a pattern that repeated in 2014, 2018, and 2019, when Bitcoin climbed above key moving averages mid-bear market before resuming the downtrend. Time between cycle lows historically runs 140 to 174 days.
Bitcoin Bear Market Still Intact
In a recent video, Cowen said he is keeping his “bear goggles on” despite Bitcoin’s continued strength. He argues the current playbook still tracks past cycles.
“I think this will likely yield a rally that finds a top within the next few weeks and then we come back down to those levels.”
The Bullish Counterargument
Cowen acknowledged several reasons the bear case could be wrong. Bitcoin’s year-to-date return is currently outperforming the average midterm year by a wide margin. The token sits roughly 10% below its yearly open, compared with a typical decline of 30 to 35% at this stage.
It has also reclaimed the bull market support band. Cowen flagged another structural shift.
“Bitcoin topped on apathy rather than euphoria.”
Retail interest never returned, and altcoins continued bleeding against Bitcoin throughout the rally. That apathetic peak could mean a different kind of bear market this time.
Why the Pattern Still Points Lower
Past cycles offer the strongest case for staying defensive. In 2014, 2018, and 2019, Bitcoin rallied above the bull market support band before pulling back, with the 200-day moving average serving as resistance.
“If I’m right, it will seem so obvious… If I’m wrong, then by the time you do something that’s different enough, you’re already well off the lows.”
Time between cycle lows is the other signal Cowen tracks. Recent cycles waited roughly 140 to 174 days before printing a new low.
“We’re currently on day 88. So, who’s to know what’ll happen in 3 months.”
Cowen expects the current rally to peak within weeks before retracing toward the bull market support band, with a possible October low. For investors who exited near last year’s peak, his takeaway is direct.
“Anyone who took profits on Bitcoin in Q4 when everyone else was screaming 300K is still doing fine.”
The post Bitcoin Bear Market Not Over, Benjamin Cowen Says Despite Recent Rally appeared first on BeInCrypto.
Crypto World
HYPE eyes breakout toward $50 as Open Interest and TVL surge
Hyperliquid (HYPE) traded above $44.00 on Wednesday, extending its rally for a sixth consecutive session as rising derivatives activity and growing platform usage strengthened bullish sentiment around the exchange token.
The latest rally comes as investor confidence gradually returns to the broader crypto market, boosting both leverage exposure and user participation across the Hyperliquid ecosystem.
Hyperliquid sees rising retail demand and platform activity
CoinGlass data show HYPE futures Open Interest (OI) climbed to $1.75 billion on Wednesday from $1.62 billion the previous day, signaling an increase in leveraged positions and fresh capital entering the market.
The sharp rise in Open Interest suggests traders are increasingly positioning for additional upside as bullish momentum accelerates.
At the same time, DeFiLlama data indicate Total Value Locked (TVL) on Hyperliquid increased more than 2% over the last 24 hours to reach $1.556 billion, reflecting stronger inflows into the protocol.
Growing TVL is typically associated with rising user engagement and improving platform fundamentals, as more capital flows into decentralized finance applications built on the ecosystem.
Hyperliquid also continues to rank among the strongest-performing DeFi protocols by revenue generation.
Excluding stablecoin protocols, Hyperliquid currently leads the sector in seven-day revenue with $11.58 million, underscoring sustained trading activity and demand for the platform.
Technical outlook: HYPE targets a breakout above $50
Technically, Hyperliquid maintains a strong bullish structure as price action continues to trade comfortably above the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), all of which continue to slope upward and reinforce the broader uptrend.
Momentum indicators also support the bullish outlook. The Moving Average Convergence Divergence (MACD) remains firmly in positive territory on the 4-hour chart, signaling sustained upward momentum, while the Relative Strength Index (RSI) hovers near 74, reflecting an overbought condition.
On the upside, the next key resistance level is the R1 Pivot Point near $45.52. A decisive breakout above this barrier would bring the broader descending trendline resistance near the psychological $50.00 level into focus.
A sustained close above the $50 region could trigger a stronger bullish continuation phase and potentially open the door for a broader medium-term rally.
On the downside, immediate support sits near the rising trendline around $40.00, followed by the 50-day EMA near $39.76.
Additional downside protection is seen at the 100-day EMA around $37.45 and the 200-day EMA near $36.45 if broader market conditions weaken and trigger a deeper correction.
Crypto World
World’s first live map of token concentration: InsightX launches Atlas Live
A new era of on-chain trading transparency. Atlas Live enables traders to analyze token concentration and spot potential rug pulls. Now in real time.
Odense, Denmark, May 6, 2026 – InsightX, the on-chain safety and analytics platform, launches Atlas Live, the world’s first real time token holder map.
InsightX is best known for Atlas, a holder visualization tool used by millions of traders each month. It simplifies token ownership at a glance, with clustering patterns revealing potential coordinated wallet activity. Atlas is integrated across major platforms including Pump.fun, Axiom, Terminal and GMGN.
The launch of Atlas Live transforms the research tool into a decision-making engine for live trading. Until now all holder maps required manual refreshing, leaving traders a step behind the true token distribution. In a market where scams unfold in seconds this delay was critical. Atlas Live changes this, turning static analysis into real-time insights.

What’s new
Live holder map
Atlas Live introduces the world’s first live token holder map. Traders can now watch wallets buy, sell and transfer tokens in real time, revealing patterns that were previously invisible. This can make the difference between getting out early or being left with an empty bag.
“The word ‘real-time’ gets used a lot in crypto, but it rarely means truly instant.” said Lasse Møller, CEO of InsightX. “With Atlas Live, there’s no refresh button, no delay. The data is just there – live, as it happens.”
Historical mode
With Historical mode traders can rewind any token’s distribution and analyze how early holders behaved. Most importantly, it enables the investigation of any given moment, not just snapshots.
This makes it possible to:
- Identify insider accumulation before a pump
- Detect coordinated wallet clusters
- Understand how a token evolved over time
AI powered detection
Identifying true ownership has become increasingly difficult. Tokens may appear decentralized on paper, yet remain controlled by a small group of holders. Funds can be routed through intermediary wallets that may never interact directly but are linked via shared funding sources. AI powered detection uncovers these hidden links, helping traders separate normal activity from suspicious behavior.
“Not everything is black and white.” Møller added. “Large clusters of wallets can represent normal exchange flows, but they can also indicate coordinated behavior. Atlas Live helps traders understand that difference in seconds. That’s why context is so important.”
Built for speed and real-time insights
Atlas Live combines real-time data with contextual insights to help traders read token distribution and react faster. It highlights large holder movements and early liquidity shifts that may signal sell-offs or potential rug pulls.
Atlas Live is available cross-chain on 15 ecosystems: Solana, Ethereum, BNB Chain, Base, Abstract, XLayer, Monad, HyperEVM, Sonic, Avalanche, Sui, Tron, Polygon, Arbitrum and Unichain.
About InsightX
InsightX is an innovative Web3 transparency and security platform, transforming how traders and ecosystems navigate on-chain markets. The InsightX product suite combines smart contract security scanning with live holder maps to deliver clarity, trust and alpha across the DeFi space. Best known for its holder map, Atlas, InsightX powers major platforms like Pumpfun and Axiom, serving more than 2M traders each month.
Website | Atlas Live App | X | Telegram | Docs | Whitepaper
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