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HYPE Is Up 130% In 2026 — But This Top Analyst Sees A Dangerous Setup Forming Around $60
Hyperliquid’s HYPE token has surged 55% in a single week and delivered more than 130% in year-to-date returns — but prominent crypto analyst Ali Martinez (@alicharts) is warning that the asset is now approaching a critical resistance zone with multiple technical indicators flashing sell signals simultaneously, a setup he says could trigger a retracement toward $40 if momentum fades at current levels. Related Reading: XRP Sees 4th-Largest Wallet Growth Spike Of 2026, Santiment Says In a post on X, Martinez laid out the technical case with precision. Three converging signals are appearing on HYPE at the same time: the TD Sequential Combo 13 sell signal is already active, a standard green 9 sell signal could confirm as early as the next session, and both the Relative Strength Index (RSI) and the Chande Momentum Oscillator are sitting at historically elevated — or overheated — levels, per the analyst’s analysis. HYPE's price trends to the upside following a surge in institutional adoption, as seen on the daily chart. Source: HYPEUSD on Tradingview Why The Setup Concerns Martinez The significance of the current configuration lies in precedent. According to Martinez’s post, the last two occasions when TD Sequential sell signals appeared on HYPE while the RSI and Chande Momentum Oscillator were simultaneously at overheated levels, both instances led to significant corrections. The analyst is not pointing to isolated indicators — he is pointing to a specific combination of signals that has already proven consequential twice in HYPE’s relatively short price history. HYPE's price entering a dangerous area if the asset can't sustain its current bullish momentum, as seen on the TD Sequential Indicator. Source: Ali Martinez on X The analyst does leave room for one final push before any reversal materializes. HYPE could still push toward $59 or even slightly above $60 before momentum fades, he notes — but frames that move as a potential exhaustion run rather than the beginning of a new leg higher. If rejection comes from the $59–$60 area, a retracement toward approximately $40 becomes increasingly likely, per his assessment. That would represent a pullback of roughly 33% from the upper resistance zone — meaningful, but consistent with the corrections that followed the previous two sell signal setups he references. ZCash Flashing A Similar Warning Martinez also flagged ZCash in the same post, noting a comparable technical structure after a 40%-plus weekly surge. ZCash is approaching the same resistance zone that triggered a major rejection in November — around the $700–$730 area — with the TD Sequential now flashing a sell signal on the weekly chart. Because the signal appears on the weekly timeframe, Martinez warns the potential correction could be substantially larger, with first downside support near $500 and a deeper retracement potentially reaching $380. The parallel between the two assets is notable given that BitMEX founder Arthur Hayes has publicly disclosed large positions in both HYPE and ZCash — with a $150 HYPE target and a $10,000 long-term ZCash target — making the current resistance zone a critical test of two of his highest-conviction calls simultaneously. Related Reading: New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’ As of this writing, HYPE trades at around $56, consolidating just below the critical $59–$60 resistance zone that Martinez has identified as the make-or-break level for the near-term price trajectory. Cover image from Perplexity, HYPEUSD Chart from Tradingview

NewsBTC 2026-05-22 14:32
Quantum threat: Crypto industry preparing for Q-Day
More on quantum computing Defiance Quantum ETF: The Infrastructure Of Tomorrow Quantum computing is a 'derivative play' on AI - Dan Ives IBM, others confirm proposed U.S. quantum funding awards Quantum risk to crypto is advancing, Google paper warns

Seeking Alpha 2026-05-22 14:07
WSJ Says Iran Moved Billions Through Binance — CEO Richard Teng Fires Back
The Wall Street Journal published a report on May 22 alleging that a covert payments network linked to Iran moved approximately $850 million through Binance — the world’s largest cryptocurrency exchange — with activity continuing as recently as December 2025, as a military confrontation between the US and Iran escalated. Binance CEO Richard Teng rejected the report hours later, calling it fundamentally inaccurate and accusing the publication of withholding material facts. The WSJ report, citing an internal Binance compliance document, alleged the network was operated by Iranian businessman Babak Zanjani — who has described himself as an “antisanction operator” — and processed approximately $850 million in transactions over roughly two years through a single account on the platform. The activity allegedly continued through December 2025, a period during which US-Iran tensions were escalating sharply following military strikes. Teng’s Point-By-Point Response Richard Teng, CEO of Binance, responded directly on X within hours of the report’s publication. His statement, posted to his official account (@_RichardTeng), addressed three specific claims. First, he stated that Binance did not permit any transactions with sanctioned individuals on its platform, and that the transactions referenced by the WSJ occurred before the individuals involved were formally sanctioned. Second, he stated that Binance proactively investigated the issues in question before the WSJ made contact — and that this material fact was provided to the newspaper but not published. Third, he reiterated that Binance maintains a zero-tolerance policy for illicit activity and operates what he described as a best-in-class, industry-leading compliance program, adding that the exchange continues to work closely with US and global law enforcement to combat financial crime. A Dispute That Has Become A Legal Battle The May 22 report is not the first clash between Binance and the Wall Street Journal on this subject. In February 2026, the Journal published a separate report on alleged $1 billion in Iran-linked crypto transfers, which Teng publicly described at the time as false and defamatory. Binance filed a lawsuit against Dow Jones, the Journal’s publisher, on March 11, per multiple reports — escalating what had been a public dispute into formal litigation. Binance has pointed to its own compliance metrics as evidence of material progress since its landmark 2023 guilty plea to US anti-money laundering and sanctions violations, which resulted in a $4.3 billion settlement with the Department of Justice and the appointment of an independent compliance monitor. The exchange has stated that sanctions-related exposure as a share of total volume fell 96.8% between January 2024 and July 2025, and that direct exposure to four major Iranian crypto exchanges declined 97.3% over the same period, per earlier reporting. The exchange also processed more than 71,000 law enforcement requests in 2025. The US Senate’s Permanent Subcommittee on Investigations separately sent a formal letter to Teng in February 2026 demanding records related to Binance’s role in alleged Iranian money laundering — citing the earlier WSJ and New York Times reporting — a demand that signals congressional scrutiny has not receded alongside the exchange’s compliance improvements. This development marks a critical and uncomfortable moment for Binance as it works to rebuild institutional credibility following its 2023 settlement. Whether the WSJ’s latest allegations translate into fresh regulatory action, expanded DOJ scrutiny, or accelerated congressional investigation will depend heavily on the underlying facts that neither side has yet fully disclosed in a public forum — and a legal battle that is only just beginning. Cover image from Grok, BTCUSD chart from Tradingview

Bitcoinist 2026-05-22 13:58
Bitcoin Faces $560 Million Long Liquidation Risk Below $76,528, Coinglass Data Shows
BitcoinWorld Bitcoin Faces $560 Million Long Liquidation Risk Below $76,528, Coinglass Data Shows Bitcoin could trigger a significant liquidation event for leveraged long positions if its price falls below $76,528, according to fresh data from Coinglass. The analytics platform reports that a break below this level would put approximately $560.01 million in long positions at risk of being forcibly closed across major centralized exchanges. Key Liquidation Zones and Market Dynamics The data highlights a stark asymmetry in current leverage positioning. On the downside, the $76,528 threshold represents a concentrated cluster of long positions that were opened with borrowed funds. If Bitcoin’s price drops to this level, the cascading effect of automated liquidations could accelerate downward momentum. Conversely, a move above $78,108 would trigger the liquidation of roughly $219.47 million in short positions. This suggests that bearish bets are currently less concentrated than bullish leverage, making the market more vulnerable to a downside shock. What This Means for Traders and Investors Liquidation data from Coinglass is widely tracked by professional traders as a real-time gauge of market sentiment and potential volatility. The $560 million figure represents the total notional value of long positions that would be automatically closed if Bitcoin’s price reaches the liquidation price, not the actual loss amount. These forced closures occur when a trader’s margin falls below the maintenance requirement, causing the exchange to sell the position to prevent further losses. Such events can create a feedback loop, where falling prices trigger more liquidations, which in turn push prices lower. Broader Market Context Bitcoin has been trading in a relatively tight range over the past week, with market participants closely watching macroeconomic signals and regulatory developments. The concentration of leverage at specific price levels means that any sudden move could be amplified by these automated mechanisms. It is important to note that liquidation data reflects positions on centralized exchanges only and does not account for off-exchange or over-the-counter (OTC) trades. Additionally, the actual liquidation cascade may be less severe if prices move gradually, allowing traders to adjust their positions or add margin. Conclusion The $560 million long liquidation risk below $76,528 serves as a critical warning for leveraged Bitcoin traders. While the data does not predict a price drop, it highlights a zone of elevated vulnerability. Traders should monitor these levels closely and manage risk accordingly, as the market remains sensitive to sudden shifts in sentiment and liquidity. FAQs Q1: What does it mean when a long position is liquidated? A: Liquidation occurs when a leveraged trading position is forcibly closed by the exchange because the trader’s margin has fallen below the required maintenance level. This happens automatically to prevent the trader from owing more than their deposited collateral. Q2: Is the $560 million figure the total loss amount? A: No. The $560.01 million represents the notional value of the positions at risk, not the actual loss. The actual loss is the difference between the entry price and the liquidation price, multiplied by the position size, minus any remaining margin. Q3: Can these liquidation levels change? A: Yes. Liquidation levels are dynamic and change as traders open and close positions, add margin, or adjust their leverage. The data from Coinglass is a snapshot in time and should be used as a reference point rather than a fixed prediction. This post Bitcoin Faces $560 Million Long Liquidation Risk Below $76,528, Coinglass Data Shows first appeared on BitcoinWorld .

Bitcoin World 2026-05-22 13:55
Open interest in BTC futures jumps to $8.96 billion
🚀 Open interest in $BTC futures just shot up to $8.96 billion. Speculative traders are returning fast, pushing up leveraged bets. 🤔 Critical data: Analysts say this move may not signal a lasting trend. Continue Reading: Open interest in BTC futures jumps to $8.96 billion The post Open interest in BTC futures jumps to $8.96 billion appeared first on COINTURK NEWS .

CoinTurk News 2026-05-22 13:40
Trump Media Sends 2,650 Bitcoin Worth $205M to Crypto.com, Raising Treasury Questions
A wallet linked to Trump Media & Technology Group has moved 2,650 bitcoin to crypto exchange Crypto.com, a transfer worth approximately $204.93 million that has prompted fresh questions about the company’s bitcoin treasury management. Trump’s Treasury Strategy Draws Scrutiny Onchain data shows a Trump Media-linked address depositing 2,650 BTC, valued at roughly $204.93 million, to

Bitcoin.com 2026-05-22 13:30
Mark Cuban remains bullish on Ethereum
Mark Cuban, a billionaire investor and television personality, says that he has sold most of his Bitcoin ( BTC ) because the cryptocurrency failed as a hedge against inflation . In contrast, he remains bullish on Ethereum ( ETH ). Speaking on the Front Office Sports show , Cuban, who had previously viewed Bitcoin as a better version of gold , argued that the leading digital asset hasn’t benefited at all from the weakening dollar and rising geopolitical tensions. Touching on the ongoing Iran conflict, the entrepreneur said that gold rallied sharply while Bitcoin declined, undermining its long-standing investment thesis as an alternative to fiat. “I think Bitcoin has lost the plot. When I started buying Bitcoin – and I’ve sold all of it (except not all of it, but most of it) – it was because when all the shit hit the fan with the Iran war and all, Bitcoin was always the best alternative to fiat currency losing its value,” Cuban said. Mark Cuban on crypto: "Bitcoin has lost the plot. I always thought it was a better version of gold than gold. Well, gold just blew up, Bitcoin dropped. Not the hedge I expected it to be." says he sold most of his BTC. as for memecoins? "garbage." https://t.co/EgH1rd5GGJ pic.twitter.com/oYRMye3DEg — Daniel Roberts (@readDanwrite) May 21, 2026 ‘Ethereum is less disappointing than Bitcoin’ In Cuban’s view, Bitcoin should have rallied every time the dollar went down, which it didn’t. While the expectations may appear highly unrealistic, the remarks are noteworthy as they represent a notable shift for the billionaire. Indeed, Cuban had publicly defended ‘digital gold’ as a superior alternative to gold for years because of its fixed supply and decentralized structure. In a 2021 appearance on The Delphi Podcast , for example, he said his crypto portfolio was made up of roughly 60% Bitcoin. “I always thought it was a better version of gold than gold. Well, gold just blew up and went to $5,000. Bitcoin dropped. Every time the dollar, Bitcoin should’ve gone up because it was priced in dollars… Not the hedge I expected it to be… I’d say I’m more disappointed in Bitcoin, not so disappointed in Ethereum,” he added. Compared to Bitcoin, Cuban views Ethereum as ‘less disappointing,’ and as for the other cryptocurrencies, the businessman simply dismissed most of them as ‘garbage.’ Featured image via Shutterstock The post Mark Cuban remains bullish on Ethereum appeared first on Finbold .

Finbold 2026-05-22 13:23
Bitcoin open interest surges above $8.9 billion on Binance
Bitcoin ( BTC ) has recorded a 40% increase in its Open Interest (OI) – its total open futures contracts – on Binance, the largest cryptocurrency exchange by daily traded volume, over the past 82 days. Between early March and May 22, Bitcoin’s OI rose by $2.56 billion, increasing from $6.4 billion to around $8.9 billion, according to CryptoQuant data analyzed by Finbold. BTC deleveraging signal. Source: CryptoQuant Consequently, BTC’s OI has now risen above its 180-day Moving Average (MA), which may signal the end of the deleveraging event that began after the October 11, 2025, crypto crash. “Despite a macro environment that has continued to deteriorate, Bitcoin’s sharp correction attracted more speculative traders looking to play a rebound,” analyst Darkfost from CryptoQuant, stated . What’s next for Bitcoin price amid rising OI? Amid the significant spike in Bitcoin’s OI on Binance, its Funding Rates – a set fee meant to maintain perpetual contract price pegged to the underlying asset – have shifted positive, based on metrics from CoinGlass . Historically, when BTC’s OI shifts to the positive side, it signals bullish sentiment, as traders are willing to pay a premium to hold their long positions. BTC OI-weighted Funding Rate. Source: CoinGlass As such, Bitcoin price could rebound above $80,000 again in the near future, fueled by rising leverage of bullish traders. However, Finbold AI Agent – an advanced financial assistance tool – has predicted a further BTC price drop over the next 7 days, potentially catalyzed by a long squeeze, a rapid price decline driven by a shift in long bets to short traders. Bitcoin price prediction for 7 days. Source: Finbold As Bitcoin price traded around $77,145 at press time, the Finbold AI Agent predicted the flagship coin could drop 2.34% to $75,343 on May 29. However, if BTC price regains its psychological support level above $80,000 in the coming days, its rising OI amid positive funding rate could fuel further bullish sentiment. The post Bitcoin open interest surges above $8.9 billion on Binance appeared first on Finbold .

Finbold 2026-05-22 13:21
US Lawmakers Introduce ARMA Bill to Codify Strategic Bitcoin Reserve With 20-Year Hold and 1M BTC Goal
A bipartisan group of more than a dozen U.S. representatives has introduced legislation to enshrine a Strategic Bitcoin Reserve in federal law, mandate a minimum 20-year holding period, and direct the Treasury Department to acquire up to 1 million bitcoin over five years. Bipartisan ARMA Bill Targets 1 Million Bitcoin Reserve Congressman Nick Begich (AK-AL)

Bitcoin.com 2026-05-22 12:30
Saylor Says Bitcoin Could Triple S&P 500 Returns: ‘We Expect 30%’
Michael Saylor is calling $60,000 Bitcoin’s floor. The Strategy co-founder made the claim during a Thursday appearance on CNBC’s Squawk Box, saying the asset is now entering what he described as a “spring phase” — backed by solid support levels and a favorable broader market environment. Related Reading: Zcash Soars 88% In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle? A Target Built On Bold Math Saylor’s confidence ties back to a specific projection he has held for some time: a 30% average annual return for Bitcoin. That number forms the backbone of his prediction that Bitcoin will hit $13 million by 2045, a figure he arrived at by modeling a 29% yearly return sustained over roughly 19 years. Among the forces he expects to drive that growth are institutional adoption, government-level treasury strategy, and Bitcoin’s fixed supply — factors he believes will pull capital away from gold and traditional financial markets. $MSTR Co-Founder @saylor explains why he thinks $BTC will outperform the S&P 500 over time:https://t.co/REOnScJVPZ — Squawk Box (@SquawkCNBC) May 21, 2026 The S&P 500, one of the most closely watched benchmarks in global finance, tracks 500 of the largest publicly traded companies in the US. It has delivered an average annual return of around 10%, making it a reliable standby for investors who want steady, long-term growth. Saylor is betting Bitcoin can do triple that — a claim he repeated plainly on Squawk Box: “We expect 30%.” Numbers Tell A Complicated Story The current numbers don’t immediately support his case. As of the time of his interview, Bitcoin was down 12% for the year while the S&P 500 had gained 8%, according to Google Finance. Saylor has long maintained that short-term swings don’t define Bitcoin’s trajectory, and he reiterated that position Thursday, pointing instead to what he sees as a building wave of regulatory and institutional support. Among the specific developments he cited was the CLARITY Act, which cleared the US Senate Banking Committee last week with bipartisan support after months of delays. He also pointed to upcoming innovation exemption guidelines from the US Securities and Exchange Commission aimed at allowing securities tokenization on crypto networks, calling it a potentially major development for the industry. Related Reading: Analyst Warns XRP Could ‘Shake Out’ Traders Before Major Breakout Looking Ahead To A Bigger Market Share Saylor has made similar predictions before. Earlier this year, he said Bitcoin would double or triple the S&P 500’s returns over the next four to eight years. His longer-range view sees Bitcoin eventually overtaking gold in total market value by 2035, pulling in fresh capital that was previously locked in conventional assets. Featured image from Unsplash, chart from TradingView

NewsBTC 2026-05-22 12:00
Bitcoin Pizza Day 2026: Commemorating Crypto’s First Real-World Transaction
Every May 22, the crypto industry remembers and celebrates a trade that sparked a financial revolution: 10,000 bitcoins (BTC) for two Papa John’s pizzas. That one trade, although trivial at the time, marked the first known real-world transaction using BTC. Today marks Bitcoin Pizza Day’s 16th anniversary, and it’s a good time to assess how far the digital assets landscape has evolved. But before we get to measuring, let us recap the story of how a man spent thousands of coins, currently worth hundreds of millions of dollars, on two boxes of pizza. Pizza Day’s 16th Anniversary The year was 2010 when Floridian programmer and early BTC adopter Laszlo Hanyecz ordered two pizzas from Papa John’s to be delivered to his home. At the time, BTC was worth $0.0041, so the purchase cost Hanyecz $41; however, BTC hit $1 nine months after the transaction, increasing the cost to $10,000. As it’s more than evident now, BTC did not stop there. Over the following years, the leading digital asset went on to hit an all-time high (ATH) after another. As of 2024, 10,000 BTC was worth $690 million. In 2025, the assets were valued at $1.1 billion, given bitcoin’s price of $111,000 at the time. It is worth noting that last year’s Bitcoin Pizza Day was celebrated during the bull market, and BTC hit an ATH on that day. At the peak of the bull run in October, BTC surged to $126,200, bringing the value of 10,000 BTC to $1.26 billion. Unfortunately, this year’s Pizza Day comes at a time when the bears are in control, and bitcoin’s momentum is low . Regardless, the 10,000 BTC from the pizza purchase 16 years ago is currently valued at more than $770 million, per current prices. Data from CoinMarketCap shows BTC trading around $77,360 at press time. Bitcoin’s Growth in 16 Years The current value of those Papa John’s pizzas reflects how much Bitcoin as an asset and a network has grown. From adoption to recognition to network development, the asset has come a long way. A growing number of vendors and merchants now accept BTC as payment, and the asset is increasingly integrated into modern wealth portfolios and institutional frameworks. The crypto industry has grown alongside Bitcoin, and leading financial networks are jumping on the bandwagon. Meanwhile, 10,000 BTC could only afford two pizzas 16 years ago, but that is not the case today. With $770 million, one can access multiple luxury items, property, and experiences today. The post Bitcoin Pizza Day 2026: Commemorating Crypto’s First Real-World Transaction appeared first on CryptoPotato .

Crypto Potato 2026-05-22 11:50
Mark Cuban slashes BTC holdings by 80% as gold climbs 11%
🚨 Mark Cuban sold 80% of his BTC amid sharp price drops. Gold surged 11% in six months, while BTC fell 17%. 🟡 Critical data: Cuban doubts in $BTC as “digital gold” intensified after gold hit $5,000. Continue Reading: Mark Cuban slashes BTC holdings by 80% as gold climbs 11% The post Mark Cuban slashes BTC holdings by 80% as gold climbs 11% appeared first on COINTURK NEWS .

CoinTurk News 2026-05-22 11:26

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