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The uncertainty of the crypto market became apparent this July, as the trends shifted from a bullish uptrend to a crash within hours. In the last 24 hours, massive liquidation has taken place, especially in digital assets like BTC, SOL, DOGE, and more. Notably, the same cryptos were flourishing with gains days ago, but are
The post Crypto Crash: Why BTC, SOL, and DOGE are Falling Today? appeared first on CoinGape.
Buy-side pressure among Shiba Inu holders has weakened since its price hit an intraday high of $0.00001406 on Saturday.
Trading at $0.00001304 at press time and hovering just above a critical support level of $0.00001295, SHIB appears poised for further declines in the near term.
SHIB investors have reduced their holding time, a clear signal that bearish sentiment around the meme coin is growing. Data from IntoTheBlock shows that the average holding time for transacted SHIB tokens has plunged by 78% over the past seven days.
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This sharp decline suggests that holders are increasingly opting to sell or move their SHIB tokens quickly to lock in recent gains rather than holding on for longer-term profit.
When an asset’s holding time falls, its investors are less confident about its future value and are more focused on short-term profits or minimizing losses.
In SHIB’s case, the trend confirms that many holders are reacting to recent price volatility by cashing out sooner, contributing to increased selling pressure in the market.
Further, the decline in SHIB whale activity during the review period compounds this bearish outlook. Per IntoTheBlock, the meme coin’s large holders’ netflow has plummeted 24% over the past seven days.
Large holders are whale addresses that hold more than 1% of an asset’s circulating supply. Their netflow measures the difference between the amount of assets they buy and sell over a specified period.
When this grows, these large holders are accumulating the asset by buying more than they are selling.
Conversely, when whale net flow is negative, these holders are offloading their positions by selling more tokens than they are buying. Such behavior reduces the upward buying momentum that whales typically provide, leaving SHIB more exposed to market volatility and bearish trends.
The falling support from SHIB key holders and the shorter holding times by average investors hint at a potential continuation of SHIB’s downward price movement. In this case, the meme coin risks falling under $0.00001295 to reach $0.00001167.
However, if new demand re-emerges, SHIB could reverse its decline and climb to $0.00001385.
The post Shiba Inu’s Holding Time Halves, Pushing Token Towards New Lows appeared first on BeInCrypto.
One year ago, Germany sold off 50,000 bitcoins, completely liquidating its stockpile. In the intervening time, the price of BTC doubled, and a similar today would’ve netted more than $6.64 billion.
This example could provide a useful cautionary tale for leaders around the globe. Even if a government is determined to liquidate its holdings, a few delays could’ve brought Germany much larger returns.
From time to time, various world governments sometimes find themselves holding large quantities of Bitcoin.
Generally, this takes place after seizing assets from criminals, but other methods are also present. Last year, Germany seized 50,000 bitcoins in an anti-piracy bust, but made the controversial decision to sell them all in July 2024.
Almost exactly one year later, this decision is looking extremely unfortunate. Germany sold this Bitcoin for $3.13 billion, but the asset’s price has gone off the charts since. Compared to last July, BTC actually doubled.
If the nation had 50,000 BTC to sell today, this would net over $6.64 billion. Instead, its wallet only holds 0.0069 BTC, which was accumulated from anonymous users donating minuscule quantities.
The sale looks like an even more unforced error because Germany today is not particularly anti-crypto. The nation currently issues more MiCA licenses than any other EU member, signifying an active local industry.
Nonetheless, the nation bungled a huge windfall. So, what lessons can the world learn from this?
On the whole, 2024 was a bad year for governments divesting from crypto. Several nations, like El Salvador and Bhutan, deliberately accumulated Bitcoin, while Germany tried to get rid of it.
Under President Biden, the United States also began liquidating its holdings. Between these two nations and Ukraine, which also performed a complete liquidation, state-owned reserves dropped by 12%.
However, even Biden’s partial liquidation proved influential, as it motivated President Trump’s push for a Bitcoin Reserve. The other two main national holders, China and the UK, did not acquire or dispose of any assets last year.
Although these nations don’t have a formal reserve established, their custodied assets have nonetheless become substantially more valuable.
All that is to say, world governments should consider Germany’s decision if they seize huge quantities of Bitcoin. Even if a political establishment is determined to liquidate, it may be prudent to postpone this as long as possible.
If the German government had followed the most common advice by every Bitcoin advocate, HODL, its economy could have netted billions and potentially more in the future.
The post Bitcoin’s Rally Means Germany Made The Worst Economic Mistake of The Decade appeared first on BeInCrypto.
The post Hyperliquid, HYPE Coin Surges 105% In A Month, Will The Current Momentum Drive To Restest ATH $35? appeared first on Coinpedia Fintech News
With the current momentum and pattern strength, HYPE looks positioned to retest its ATH of $35 within the next 4–6 weeks if resistance flips support.
Hyperliquid (HYPE) has made a strong resurgence with 105% jump in value in one month, back above the critical $20 mark. HYPE is now priced at $21.18 (+5.39% daily) at a market cap of $7.07B and 24h volume of $127.66M (+47.19%). The coin reached an all-time high (ATH) of $35.02 on Dec 21, 2024 (~40% off ATH), and several traders are hoping for a portfolio full reversal.
Hyperliquid introduced a fee and staking system on May 5. Users can now stake their HYPE coins to receive a trading fee discount of between 5% and 40%, depending on the amount staked.
The fee discount uses different rates for futures and spots; spot volume counts as double for fee tier calculations. And a big upgrade comes from linking staking and trading accounts, so the discounts apply to any trading account and will incentivise all traders to engage and provide liquidity to the platform.
Ethena Labs has integrated its USDe stablecoin into Hyperliquid’s DEX, and integrated USDe with its HyperEVM blockchain. Users who hold 100+ USDe on HyperCore are now eligible to earn daily rewards for holding USDe in their accounts that automatically air-drop to their spot accounts!
This integration allows for better liquidity as it builds asset use cases for USDe, and increases interest from investors in the entire Hyperliquid crypto ecosystem.
HYPE Coin recently completed a strong V-shaped recovery and is now forming an ascending triangle—a bullish chart pattern that often leads to breakouts. The main support zone sits at $17.5–18.0, which has held well during past dips. The key resistance zone is $26–28, and this is the level to watch for a breakout.
A Fibonacci retracement drawn from the previous high ($35) to the recent low ($10) shows that $26–28 also lines up with the important 0.618–0.786 Fib levels—making it a critical barrier where many traders expect a reaction.
The chart also shows a neckline breakout, a positive sign that buyers are in control. The 20/50 EMA lines have crossed upward, confirming a bullish setup, and the RSI is around 66, which shows good momentum but not overbought yet. The MACD also supports the bullish trend.
If HYPE can close above $26–28 with strong volume, the next target is around $33–35, its previous all-time high. Based on the current pace, this move could happen in the next 4–6 weeks.
Volume Surge: Confidence Rebuilding
HYPE’s on-chain volume tells the story of a market regaining strength. After its big run earlier this year, volume cooled to around $2.39B by April 5, showing a pause in trader interest and liquidity as price corrected.
But by May 6, daily volume jumped back to $5.27B—marking a strong resurgence of participation. This confirms that the current uptrend is supported by real buying power, not just a weak technical bounce.
The liquidation map shows how traders have been positioned. During past corrections, especially after its all-time high, HYPE saw heavy long liquidations between $50K–$82K BTC equivalent, with a peak of 886 BTC liquidated at $82K.
These events reveal where bulls were forced out, marking danger zones in bearish scenarios. Now, the tables are turning: shorts are heavily stacked between $103K–$142K, with recent spikes (e.g., 722 BTC at $103K) showing that many are betting against further upside.
If HYPE Coin clears the $26–28 resistance, these shorts could get squeezed fast—likely triggering a surge toward the $33–35 ATH area.
The post Hyperliquid, HYPE Coin Surges 105% In A Month, Will The Current Momentum Drive To Restest ATH $35? appeared first on Coinpedia Fintech News
Key Highlights: HYPE has reclaimed the $20 zone, surging 105% this month and reigniting bullish momentum with strong daily gains of 5.39%. Recent technicals show a well-formed ascending triangle pattern, with resistance at $26–28 and a breakout target around $33–35. On-chain volume has rebounded with a sharp rise to $5.27B on May 6, reflecting renewed …