"XRP Open Interest Climbs Despite Price Slump as Market Eyes Reversal and $0.95 Liquidity Sweep"
XRP is seeing growing activity in the derivatives market despite recent price weakness. The development suggests it could be setting up for a reversal once bearish sentiment reaches an extreme. The token is trading at $1.05, up 2.45% over the past 24 hours. However, XRP is still down 8% over the past week and has fallen 43% since the start of the year, reflecting broader weakness across the crypto market. Open Interest Rises as Price Declines XRPโs open interest has continued to rise even as its price trends lower. Over the past day, XRP open interest rose by 1.13%, reaching $2.37 billion. This figure suggests traders are opening new leveraged positions during the decline. Notably, open interest options dipped 67% to $21.66 million while options volume surged 16% to $5.4 million. XRP | CoinGlass The accompanying chart shows XRP futures open interest steadily increasing over recent months. Meanwhile, the token has continued to post lower highs and lower lows. Funding rates have also turned negative. This means short traders are paying long traders to keep their positions open, a sign that bearish sentiment is becoming more dominant in the perpetual futures market. Negative Funding Could Support a Rebound Rising open interest and negative funding are creating conditions that may support a potential reversal. The market appears to be โcharging up for a reversal,โ one analyst observed. However, buyers may need to regain momentum before bulls can take control. Negative funding rates can sometimes precede sharp rallies. If the price suddenly rebounds, heavily leveraged short positions may be forced to close, triggering a short squeeze that pushes prices even higher. Possible Sweep to $0.95 Despite the longer-term bullish outlook, XRP could first revisit $0.95. Many market watchers, including Ali Martinez, have forecast a fall to this level and even lower. The idea is that the market may target liquidity below current prices before reversing. Such liquidity sweeps happen when the price briefly moves into areas with large clusters of stop-loss orders. This can flush out excess leverage before a new trend begins. If buyers step in after that move and overall sentiment improves, XRP could be positioned for a stronger recovery. The Case for Deeper Bear Markets Notably, XRP is down about 69% from its July 2025 peak of $3.66. While significant, this decline is milder than past bear markets, which saw drops of 85%โ96%, such as in the 2013โ2014 and 2018โ2020 cycles. If XRP matched its worst historical drop (96%), the price could fall near $0.15, about 87% below current levels. Ali Martinez recently floated this target as a possibility, which would place XRP at a level last seen in 2017. Regardless of how low the coin may go, many believe buying XRP under $1 offers significant opportunity for the next bull run. #CryptoNewsCommunity
The push to bring native lending capabilities to the XRP Ledger (XRPL) has gained another significant endorsement from XPMarket.
Crypto trading platform XPMarket confirmed that it voted Yes on the proposed XLS-65 and XLS-66 amendments. According to XPMarket, the two amendments would introduce Single Asset Vaults and an on-ledger lending protocol that operates natively within the XRP Ledger.
Under the proposal, users would deposit a single asset, such as XRP or RLUSD, into shared liquidity vaults. The protocol would then lend those pooled assets to borrowers, enabling depositors to earn yield while providing borrowers with access to fixed-term credit facilities.
Shiba Inu: Shibarium DEX Volume Drops to Zero as DeFi Activity Nearly Vanishes"
Trading activity across the decentralized finance (DeFi) ecosystem on Shiba Inuโs L2 blockchain, Shibarium, has disappeared, as DEX volume currently sits at zero. At press time, Shibarium DEX volume stood at zero, according to data from DeFiLlama, reflecting extremely weak on-chain participation. Zero Trades Since June 23 Decentralized exchanges operating on Shibarium, including WoofSwap and ShibaSwap, have recorded no trading activity since June 23. The last recorded DEX transaction on the network occurred on June 22, when traders exchanged just $60 worth of assets. Furthermore, throughout most of June, daily trading volumes on these platforms remained below $100, underscoring the lack of activity across the ecosystem. The slowdown highlights Shibariumโs struggle to attract meaningful DeFi adoption since its launch. Shibarium DEX Volumes Dwindling DEX Activity After the mainnet went live in August 2023, the network initially showed encouraging signs of growth. DEX volume reached $6,800 in October 2024 before climbing to $54,000 in December 2024. However, activity weakened in the following months. Although the development team attempted to revive optimism by promising faster ecosystem growth and higher DEX participation, trading activity continued to decline. Shibarium briefly recovered in September 2025, when DEX volume rose to $47,000, before reaching a cycle peak of $86,000 in December 2025. Since then, trading activity has entered a prolonged decline, with many days registering no transactions at all across Shibarium-based DEXes. Since October 2024, Shibariumโs decentralized exchanges have processed a cumulative $2.66 million in trading volume. That figure remains lower than the amount of DEX volume established networks such as Ethereum and Solana regularly process in a single day. One major reason behind the weak on-chain metrics is that most trading involving Shiba Inu ecosystem tokens still occurs on centralized exchanges rather than on Shibariumโs native applications. At press time, SHIB generated $56.4 million in 24-hour trading volume, with most transactions taking place on centralized platforms such as Binance and Coinbase. Total Value Locked Remains Modest Despite weak trading activity, Shibariumโs total value locked (TVL) currently stands at $21,495, representing a 1.89% increase over the past 24 hours. While the increase suggests some capital remains within the ecosystem, the figure remains modest compared to competing DeFi networks. Meanwhile, overall network usage continues to weaken. Shibarium currently processes only 889 daily transactions, with smart contract interactions accounting for most of that activity. The trend suggests that user engagement across the network remains limited and that DeFi adoption on Shibarium has yet to gain meaningful traction. #Crypto
Cardano founder Charles Hoskinson has introduced a new idea to make wallet recovery safer without compromising user privacy. In a post shared on June 26, 2026, Hoskinson revealed that he is experimenting with a Cardano smart contract to help users recover lost wallets securely. The proposed system would allow users to recover ADA and Cardano Native Tokens (CNTs) stored in a dedicated pool by proving they own a walletโs 24-word recovery phrase through a zero-knowledge proof (ZKP). Importantly, users would not need to reveal the phrase itself during the process. #CryptoNewsCommunity
Despite Shiba Inuโs recent price weakness, investors have resumed accumulating the token, withdrawing more than 300 billion SHIB from exchanges over the past 24 hours. Notably, ShibInu exchange reserve have retreated from recent highs, signaling renewed accumulation activity. The metric, which tracks the amount of SHIB held in exchange wallets, fell from approximately 80.5 trillion tokens to 80.37 trillion in less than 48 hours.
X user โCrypto Dyl Newsโ shared an image of U.S. Patent No. 5,025,369. The patent was originally filed in 1988 by David Schwartz for a distributed computer system. The post claimed the patent proved #XRP existed before #Bitcoin and described XRP as โthe oldest digital asset.โ
Meanwhile, ex-Ripple developer Matt Hamilton dismissed the claim, saying the patent has nothing to do with XRP. He stressed that Bitcoin predates XRP and that the patent does not represent the origins of either the XRP Ledger or the XRP cryptocurrency. #Crypto
"What New Users Should Know Before Moving Digital Assets Between Platforms"
Transferring digital assets from one platform to another may seem like a simple task. The user opens up a wallet, copies an address, selects an amount and confirms the transaction. However, there can be a couple of things that could be misunderstood in this straightforward sequence. These factors will all impact the outcome: the chosen network, address format, fee, transfer limits, processing time, and platform rules. When creating a new user, the name of the asset and the destination address are usually the first two things they consider. Thatโs good and itโs not sufficient. Transfers of digital assets need to be taken care of more as platform settings can vary. A sending platform can have one route supported by a receiving platform can have another. While an asset may be clearly displayed on a wallet, it could need a specific network for funds to reach that wallet. The safest habit is to treat every platform move as a small verification process. This does not make the experience complicated. It makes it more predictable. When users know what to check before sending funds, they can avoid common mistakes and build more confidence with each transfer. Why Platform Moves Require More Than a Wallet Address For users comparing how swap routes work, the Godex exchange platform can be viewed through practical factors such as rate clarity, supported assets, account requirements, and the steps shown before funds are sent. These details matter because a platform transfer is never only about copying an address. A wallet address is one part of the route. The selected network is another. The platformโs transfer rules add another layer. If one detail is wrong, the user may face a delay, support request, or loss of access to funds. This is why careful checking matters before any transaction begins. New users also need to recognize that platforms may display similar assets in different ways. One platform may group assets by network. Another may ask the user to choose the network separately. A third may show warnings before confirmation. These differences can feel minor, but they guide the whole transfer process. The better approach is to slow down before the send button. A clear platform flow should show the asset, route, estimated fee, and expected arrival details before funds move. A user who reviews these elements is less likely to rely on guesswork. Network choice can change the transfer result Network selection is one of the most common points of confusion for new users. A digital asset may exist across more than one network, and the chosen route must match what the receiving platform supports. The asset name alone does not confirm that the transfer path is correct. Before moving funds, users should check: The selected asset and ticker.The network chosen for the transfer.The full receiving address.Any required memo, tag, or payment note.The visible fee before confirmation.The minimum transfer amount.The expected processing time. This checklist helps users focus on what can actually affect the transfer. It also reduces the chance of relying on memory from a previous transaction. A route that worked on one platform may not be the right route on another. Fees and timing also depend on network conditions and platform processing rules. A transfer may be confirmed quickly, or it may take longer during busy periods. New users should treat estimated arrival time as useful guidance, not a fixed promise. When the process is explained clearly, waiting becomes less stressful. Exchange guides help turn confusion into better decisions Many transfer mistakes happen because users act before they understand the exchange flow. A guide can explain what a rate means, why a network must match, how a swap differs from a direct transfer, and what happens after funds are sent. The Godex blog fits this learning path because practical guides can help users understand swap conditions, rate types, and transaction steps before moving assets between platforms. The kind of content that is helpful is when it helps to explain why something happened, rather than trying to get users to act quicker. The content material of the education should be calm, clear and factual. It should not make promises about profit, celebrity connections or potential future market movement. New users must be given explanations they can use right away. They must understand what is being asked of them by the transfer screen, why some fields are appearing on the transfer screen, and what they need to do to verify the route before sending assets. Good guides also remind users that a successful transfer depends on both sides of the transaction. The sending platform must process the request correctly. The receiving platform must support the same asset and network. The user must enter the right destination details. These three parts work together. User control comes with user responsibility Digital assets give users more direct control than many traditional payment systems. That control can be valuable, but it also places more responsibility on the person sending funds. A platform may display warnings and instructions, yet the user still needs to review the final details. Control does not mean doing everything alone. It means knowing which decisions belong to the user and which parts are handled by the platform. For example, the user controls the destination address, amount, and selected route. The platform may handle the exchange process, rate display, and transaction tracking. Before choosing a platform flow, users can ask: Can all transfer details be reviewed before funds are sent?Are fees and rate conditions shown clearly?Does the platform explain what happens after confirmation?Is support information easy to find?Are account requirements visible before the process starts?Does the receiving platform support the selected route? These questions are practical. They help users compare platforms without making emotional or rushed decisions. They also support better habits as users move from small transfers to more frequent asset management. Safer transfers start before the send button A platform transfer should not be based on mere routine. Even the most experienced users can get things wrong when they neglect some basic checks. If each transfer starts with a brief reminder of route, address, fee and platform rules, it will be much more likely for the new user to develop safe habits. The essential lesson is easy to understand. In the case of digital assets, it is a specific condition rather than a general one that they traverse. The user might want to transfer money to the correct destination, but there are still technicalities to consider. All the right network, address, memo, and visible fees are important until confirmation. The more assets that move in and out of wallets, exchanges, and other platforms, the more valuable it becomes to have clear instructions. Itโs nice to have a simple interface, but desired to present sufficient information for user to carefully consider. The best transfer experience is not a cloaked one. Itโs the one that ensures that the right information is readily available. The first step to a smarter platform move is to begin before assets are moved out of the wallet. It starts with careful reading of the screen, verification of the route and an understanding of the significance of each item. That way, itโs a first transfer thatโs not a wild guess, but a better-informed decision. #CryptoNews๐๐ฅV
"XRP Cycle Bottom Now Depends on Whether It Follows an Expanded, Running, or Regular Flat"
The #XRP price bottom for the ongoing downtrend now depends on whether the crypto asset is following an expanded, running, or regular flat. XRP has remained under selling pressure since reaching its all-time high of $3.66 in July 2025. Since then, the asset has lost around 70% of its value and is currently trading near $1.08. As the decline enters its eleventh month, Elliott Wave analysis suggests that XRP may still be moving through a flat correction. Notably, the specific type of flat pattern could determine how much further the asset may fall before finding a bottom. XRP Correction Following Flat Pattern Under Elliott Wave theory, flat corrections develop in Waves A, B, and C. XRPโs price history over the past several years seems to follow this structure. Specifically, Wave A began after XRP peaked at $3.31 in January 2018. During the prolonged bear market that followed, the price crashed and eventually reached a low of about $0.11 in March 2020, marking a decline of roughly 97%. Wave B then reversed the pullback. The recovery erased the earlier losses and also pushed XRP to a new all-time high of $3.66 in July 2025. Considering this, data suggests XRP could now be following one of three flat structures: a regular flat, an expanded flat, or a running flat. Wave C started after the July 2025 peak and has continued to weigh on price action. So far, XRP has recorded losses in eight of the last ten completed months. June 2026 is also on track to end in negative territory, with the token already down about 18% for the month. Regular Flat May Be the Least Likely Pattern In a regular flat, Wave B usually returns close to the starting point of Wave A but does not move significantly above it. Wave C then typically ends near the low established during Wave A. XRPโs price action does not fit this. Notably, Wave B climbed beyond the $3.31 starting point of Wave A and reached a new all-time high at $3.66. Such a strong move goes against the typical features of a regular flat. If XRP were still following a regular flat, the correction would likely end near the previous low around $0.11. However, because Wave B moved so far above the earlier high, this scenario is the least convincing of the three. XRP Price Action Aligning with Expanded Flat Currently, the expanded flat appears to match XRPโs structure better than the other alternatives. For context, this type of flat requires Wave B to rise above the origin of Wave A, which XRP already achieved by reaching $3.66. It also expects Wave C to move below the low of Wave A and establish a new downside extreme. However, applying the standard 1.618 Fibonacci extension correction for an expanded flat would push XRPโs price almost below zero. This is analytically improbable for an asset with such established market depth. As a result, a less aggressive Fibonacci 1.0 projection works better in this case, and presents $0.46 as a possible target if XRP continues to follow the expanded flat pattern. Running Flat Still Cannot Be Ruled Out Meanwhile, the running flat remains another possibility. Like the expanded flat, a running flat allows Wave B to move above the starting point of Wave A. The major difference is that Wave C does not fall below the Wave A low. Instead, it bottoms above that level before the broader uptrend resumes. If XRP is following a running flat, the correction could end somewhere between $0.50 and $0.80. Interestingly, the $0.80 level aligns with projections from analysts like Casi and Chart Nerd for XRPโs bottom. However, current market conditions make the running flat less convincing. XRP has suffered nearly continuous monthly losses for almost a year, and the scale of the decline suggests strong bearish momentum. Running flats usually show more underlying strength than what XRP has displayed so far. Despite this, the running flat remains valid as long as XRP stays above $0.11. A confirmed break below that level would remove this scenario entirely. Overall, an impulsive rally that pushes XRP above its $3.66 all-time high and continues higher would invalidate the entire flat structure. Such a move would suggest that the current decline is part of a different and larger market pattern. #CryptoNewsFlash
"Two Cardano Zones on the Radar Amid Struggles to Find Price Floor"
Two price levels stand out for #Cardano as possible bottom areas, as its price persistently drops below key supports to lower levels. At press time, Cardano (ADA) trades for $0.148, down 5% this week. Notably, the cryptocurrency has been under sustained pressure since the broader market decline began late last year. Since Bitcoin peaked at $126,200 in October 2025, it has dragged altcoins downward with it. Notably, Cardano has been one of the worst-performing large-cap cryptos in the ongoing corrective phase, dropping 85% from its August 2025 high of $1.02. Meanwhile, the current price action suggests the search for a definitive bottom continues to elude Cardano. With bears still in control, chart analysis has highlighted two major price zones to watch for a possible price floor. Cardano Falls Below Another Support On the 4-hour chart, ADA has broken another support level. On Wednesday, it dropped below the $1.48 lower timeframe support as the broader crypto market reacted to Strategyโs MSTR stock dropping below $100. Cardano dipped to a low of $0.139 before bulls stepped in. Currently, the asset is retesting this support. A daily close below it could confirm the breakdown, which holds bearish implications for the coin. Notably, this is the second support that ADA is breaching in a few days. On June 23, the altcoin broke below the $0.159-$0.164 support zone, a level that had previously acted as a short-term floor. Cardano entered this range on June 18 and has since consolidated within it before breaking below on Tuesday. The persistent support breakdown keeps the prevailing bearish structure intact. When prices continue to break below support areas, it suggests weakness. Further, it opens the door to deeper retracements. Potential Cardano Bottom Zones Nonetheless, Cardano has already depleted substantially from prior highs. As such, analysts are closely monitoring where the price could possibly find a durable bottom despite signals that bears are still on top. Based on the current Fibonacci extension structure, two support areas are now attracting attention. The first sits near $0.136, aligning with the 3.618 Fibonacci extension level. If selling pressure continues, this could become the next area where buyers attempt to slow the decline and form a base. Cardano would have to fall 8.7% to reach this level Below that, the second major level comes in around $0.127, corresponding with the 4.236 Fibonacci extension. This marks a deeper support zone and would take ADA to the December 2020 lows, where prices rebounded sharply. Notably, while these levels provide potential areas, there is no confirmation that Cardano would reach its floor there. A separate analysis places the target at $0.10, and another suggests the bottom would happen this month, highlighting the uncertainty due to unstable market conditions. In the meantime, the trend remains lower, as Cardano has not shown a convincing reversal signal. #CryptoNewsCommunity
"Dogecoin Now in a Critical Situation as 9-Year Support Breaks for First Time in History"
#Dogecoin may have entered a critical situation amid the current downturn, as the price breaks below a long-term support trendline for the first time since 2017. Dogecoin, the largest meme coin by market cap, has struggled since Q4 2025, when the ongoing downtrend began. After collapsing by 62.8% last year, 2025, DOGE has extended its losses with a 34.4% drop this year so far, having slumped 23% in June 2026 alone. Since October 2025, Dogecoin has only recorded one monthly gain, when it rose 15.4% in April 2026. Within this period, it has witnessed seven monthly losses. Amid this downturn, data suggests DOGE is now in a critical situation, as it slips below a long-term support trendline. Dogecoinโs Crucial Long-Term Support Specifically, data from the 1-month chart shows that Dogecoin features a long-term rising support trendline that has acted as the meme coinโs last line of defense since 2017, cushioning against steeper drops and serving as a launchpad point. Each time Dogecoin retested this trendline and recovered, it was followed by a remarkable expansion that led to massive gains. For instance, when the DOGE price collapsed to $0.000201 in March 2017, this coincided with a retest of the trendline. From here, the meme coin soared to a high of $0.0187 by January 2018, representing an over 9,200% increase in less than a year. Dogecoin again retested the trendline twice in 2020, first at $0.001344 in March and then at $0.002400 in November. After it found support here, another rally ensued, pushing the price to the current all-time high of $0.7390 by May 2021. Dogecoin Slips Below Crucial Support Trendline Since reaching $0.7390 in May 2021, Dogecoin has struggled. After soaring to $0.48 on the back of the market-wide upsurge triggered by President Donald Trumpโs victory, DOGE pulled back and consolidated until the ongoing downtrend picked up in October 2025. The meme coin has since continued to collapse, recently retesting the support trendline amid the crash this month. Interestingly, Dogecoin failed to hold above the trendline this time, eventually breaking below it for the first time since 2017. DOGE now sits in a critical position, having lost its structural support, as steeper declines could play out from here. If the broader crypto market witnesses another round of selling pressure while Dogecoin remains below this trendline, the meme coin could eventually revisit the early 2021 lows around $0.029. DOGE Must Reclaim $0.088 Meanwhile, further data from the daily chart shows that Dogecoin has also lost an important support level around $0.088, which acted as a potent defense during the February 2026 crash. This area also presented a cushion when selling pressure ravaged the market from late February to March. DOGE eventually crashed below this support area on June 4. When it attempted to recover above it two weeks later, it faced a roadblock. This confirms that the $0.088 mark, which acted as support from February to March, has now flipped to resistance. Notably, the price level aligns with the Fibonacci 1 area, confirming its importance. Currently trading for $0.076, if Dogecoin can reclaim the $0.088 area, this could translate to a recovery back above the crucial support trendline on the 1-month chart. However, the asset must first rebound above the middle Bollinger Band at $0.084. #CryptoNewsCommunity
Charles Hoskinson reassures the ADA community following the security incident involving SecondFi, emphasizing that the breach did not compromise the #Cardano blockchain itself.
His comments came as concerns spread throughout the Cardano ecosystem after reports revealed that attackers exploited vulnerabilities connected to SecondFi wallets, resulting in significant losses for affected users.
According to Hoskinson, there is no evidence that the incident affected any component of Cardanoโs underlying technology stack. He stressed that the networkโs protocol, cryptographic foundations, node infrastructure, and open-source wallet implementations continue to function as intended.
Consequently, he classified the incident as an application-level security failure rather than a failure of the blockchain itself. #CryptoNewss
#Cardano founder Charles Hoskinson expressed sympathy for affected users and acknowledged the emotional toll of the losses.
Hoskinson apologized to both the victims and the broader Cardano community over the unfortunate breach at SecondFi (formerly Yoroi Wallet), which resulted in the theft of 16 million ADA.
According to him, many victims may have lost most or all of their $ADA holdings, making the financial and emotional consequences severe regardless of the overall value involved. #Crypto
"Why Strategyโs Bitcoin Buying May No Longer Be Driving Prices Higher"
Recent analysis from CryptoQuant founder Ki Young Ju has reignited debate around whether Strategy (formerly MicroStrategy) should continue aggressively accumulating #Bitcoin at current levels. While the company remains the largest corporate holder of Bitcoin, the latest data suggests that persistent buying may no longer be acting as a meaningful price catalyst and could instead be functioning as a liquidity sink in a market struggling to establish a new directional trend. A Market Absorbing Capital Without Advancing One of the most striking charts compares Bitcoinโs Market Cap growth versus Realized Cap growth. Realized Cap, which measures the aggregate value of coins based on their last on-chain transaction price, has increased by approximately $467 billion over the past two years. Historically, such an influx of capital would be expected to drive substantial price appreciation. Image Source: https://x.com/ki_young_ju/status/2069646523668033833
Instead, Bitcoin has largely traded sideways within a broad range. The chart shows that the difference between market cap growth and realized cap growth has recently turned negative, represented by the red zones indicating elevated selling pressure. This suggests that new capital entering the market is being met by an equally strong wave of distribution. Rather than driving prices higher, incoming demand is simply facilitating ownership transfer from existing holders to new buyers. In practical terms, the market is absorbing enormous amounts of capital without producing sustained upside momentum. Strategyโs Financial Position Is Tightening The second chart highlights a growing concern regarding Strategyโs balance sheet. At the beginning of 2026, the companyโs cash reserve peaked at approximately $2.2 billion. Following convertible note repurchases and continued Bitcoin acquisitions, cash reserves declined sharply by around 38%, falling to roughly $870 million before recovering modestly to approximately $1.4 billion. More concerning is the deterioration in dividend coverage. Dividend coverage, measured in months, has collapsed from more than 80 months of coverage to just 14 months, one of the lowest levels on record. While the company still maintains substantial Bitcoin holdings, its liquid cash position has become increasingly constrained relative to its obligations. The chart clearly illustrates a diverging trend: Cash reserves have declined materially.Dividend obligations have increased.Financial flexibility has weakened. This does not imply immediate financial distress, but it does suggest that continued aggressive Bitcoin purchases come at a growing opportunity cost. Why Continuous Buying May Be Counterproductive According to CryptoQuantโs thesis, Bitcoin cycles traditionally reset through a familiar sequence: CapitulationWeak-hand liquidationPrice collapseWhale accumulationNew bull market This cycle has been unusual. Instead of experiencing a deep cleansing drawdown, Bitcoin has spent nearly two years moving sideways. The market has neither generated enough strength to launch a decisive bull market nor enough weakness to force widespread capitulation. As a result: Weak hands remain active.Profit-taking opportunities continue to emerge.Strong hands have not accumulated at historically attractive valuations. Under these conditions, Strategyโs continued purchases may simply provide exit liquidity for existing holders rather than creating sustainable upward momentum. The market is effectively stuck in a state of equilibrium. A More Disciplined Framework The argument is not that Strategy should abandon Bitcoin. Rather, it should consider adopting a more systematic capital allocation model. Potential steps include: Temporarily pausing Bitcoin purchases.Rebuilding cash reserves.Restoring dividend coverage.Establishing quantitative accumulation thresholds based on market conditions.Developing a future profit-taking framework during periods of extreme market exuberance. Such an approach would transform Bitcoin acquisitions from a continuous buying program into a dynamic capital management strategy. Conclusion Bitcoin remains a structurally scarce asset with powerful long-term fundamentals. However, scarcity alone does not eliminate the importance of timing and balance sheet management. The current on-chain data suggests that the market is experiencing elevated selling pressure despite significant capital inflows. Meanwhile, Strategyโs shrinking cash reserves and rapidly declining dividend coverage indicate that financial flexibility is becoming increasingly valuable. If the market truly requires a deeper reset before the next major expansion phase, preserving liquidity today may ultimately provide Strategy with far greater purchasing power when the next genuine accumulation opportunity emerges. In that scenario, patienceโnot relentless buyingโcould become the companyโs most valuable asset. #CryptoNews๐๐ฅV
"SecondFi (Formerly Yoroi Wallet) Hack Losses May Exceed 129 Million ADA"
EMURGO-backed wallet provider SecondFi is facing growing scrutiny after a major security breach, as new analysis indicates that losses suffered by Cardano users may be significantly higher than initially reported. While the company previously estimated that the attack resulted in the theft of 16 million ADA, blockchain investigators now believe the total impact exceeds 129 million ADA and other tokens. It is worth noting that SecondFi was previously known as Yoroi Wallet, the first Cardano light wallet launched in 2018 by EMURGO, one of Cardanoโs founding entities. In April 2026, EMURGO rebranded Yoroi as SecondFi and expanded it from a single-chain Cardano light wallet into a comprehensive โneo-financeโ application. Security Researchers Suggest Losses Are Much Higher Earlier this week, SecondFi, a web wallet backed by Cardano founding entity EMURGO, disclosed a devastating security incident that led to the loss of millions of ADA from user accounts. According to the projectโs preliminary findings, attackers exploited a vulnerability in its proprietary wallet-generation software, enabling them to steal approximately 16 million ADA. At the time of the report, the stolen funds were valued at around $2.4 million. However, fresh analysis indicates that the actual scale of the breach could be significantly larger. Yu Xian, also known as Cosine and founder of blockchain security firm SlowMist, examined fund movements linked to wallets suspected of being controlled by the attacker. Based on the observed transactions, he suggested that total user losses may have surpassed $20 million. In a post on X, Cosine noted that more than 129 million ADA, along with several other tokens, appeared to have flowed through addresses associated with the exploit. Cardano Community Voices Concern The incident has triggered widespread concern across the Cardano community. Many members criticized both the security failure and its broader implications for ecosystem governance. Community member David described the breach as alarming because users lost funds without signing transactions. He also pointed to the fact that SecondFi controls one of the largest DRep delegations in Cardanoโs governance system, arguing that the incident raises serious concerns about decentralization and trust. Meanwhile, community member Dori labeled the breach one of the most severe incidents the ecosystem has experienced. According to Dori, the fact that a wallet associated with a Cardano founding organization was compromised makes the event especially damaging to the networkโs reputation. Analyst Clarifies Cardano Blockchain Was Not Compromised Despite the growing criticism, some ecosystem participants have stressed that the incident should not be interpreted as a failure of the Cardano blockchain itself. Crypto analyst Dan Gambardello pushed back against claims that Cardano had been hacked, emphasizing that the vulnerability originated within SecondFiโs wallet software rather than the blockchain network. Gambardello noted that the issue is tied to the walletโs key-generation process, not to any flaw in Cardanoโs core infrastructure, consensus mechanism, or protocol security. Blink Labs Urges Users to Assume Wallets Are Compromised Meanwhile, Cardano infrastructure provider Blink Labs issued a precautionary warning to users who previously created wallets through the SecondFi application. The company advised affected users to generate a new wallet using trusted software obtained from official sources, transfer all assets to the newly created wallet, and select a new stake pool and DRep delegation. Blink Labs further stressed that users should treat their existing SecondFi-generated wallets as compromised until investigators determine the full scope of the incident. However, SecondFi has urged users not to restore their recovery phrases into other Cardano wallets. Instead, the company advised affected users to submit support tickets and wait for official instructions while the investigation remains ongoing. According to SecondFi, additional guidance will be provided once the independent security review is completed and the exact nature of the vulnerability is fully understood. #CryptoNews๐๐ฅV
#Cardano founder Charles Hoskinson has called on the community to rediscover the passion and optimism that once propelled the blockchain project to its greatest achievements. Hoskinson delivered the message during his latest livestream while discussing Cardanoโs future. During the broadcast, he said he is working to recapture the spark and magic that fueled Cardanoโs early momentum and united the ecosystem behind a shared vision. According to him, the Cardano community needs a cause to rally around once again if it hopes to reclaim past successes and compete for leadership in the blockchain industry. #CryptoNewsCommunity
An XRP holder has lost 14,646 XRP, worth about $16,800, after falling victim to a payment request scam on the XRP Ledger (#XRPL ).
The incident has sparked interest in the XRP community, as a fraudulent transaction request disguised as a verification prompt. Notably, the scam involved a transaction with the hash โ84AFDEB4โฆFBA5FD.โ #CryptoNewss
"XRP Retail and Whale Futures Sentiment Reads โExtremely Bullishโ Across Exchanges"
The #XRP retail and whale futures sentiment reads โextremely bullishโ across multiple exchanges such as Binance and Bybit. This comes despite the persistent market struggles that have pushed the XRP price to lows around $1.10. While short volume dominates the futures environment with $1.03 billion, exchange long/short ratios confirm an โextremely bullishโ bias for retail and whale accounts. XRP Futures Sentiment Lean โExtremely Bullishโ According to data provided by Coinglass, a leading market analytics platform, more traders are holding long positions than shorts, as market participants continue to anticipate a rebound effort from XRP following the recent crash. Specifically, the retail long/short ratio on Binance stands at 2.68, confirming a dominance of long positions and indicating an โextremely bullishโ sentiment. For whale accounts on Binance, the long/short ratio reads 3.03, which suggests there are at least 3 accounts holding long positions for every 1 account holding short positions. This also indicates an โextremely bullishโ sentiment among whale accounts. While the XRP long/short ratio for whale positions on Binance has dropped to 1.55, suggesting that either long positions have reduced or short positions have increased, the current reading also tilts to the positive side, indicating a โbullishโ sentiment in this area. The ratios on OKX and Bybit are similarly bullish across most metrics. For OKX, the retail long/short ratio sits at 2.67, indicating โextremely bullishโ sentiment. Whale account ratio has dropped to 1.39, confirming a merely โbullishโ sentiment. For whale positions, the long/short ratio has spiked to an extreme reading of 23.00. Meanwhile, Bybit sees a 4.02 ratio for retail accounts (extremely bullish), a 4.01 ratio for whale accounts (extremely bullish), and a 0.97 ratio for whale position (neutral). However, smart money sentiment for Binance and Bybit sits at โExtremely Bearish,โ with only OKX seeing an โExtremely Bullishโ sentiment here. XRP Futures Volume Further data from Coinglass shows that the 24-hour volume for short positions amounts to $1.03 billion, marginally surpassing long volume at $978 million. However, the volume situation is not significant to market sentiments, as long and short volumes are often nearly equal in derivatives markets. This is because the market often features long and short positions in equal volume at a 1:1 ratio, with only a slight skew. Meanwhile, the XRP liquidation heatmap indicates that XRP is witnessing more liquidity above its current price, confirming a dominance of massive shorts, with the largest single cluster involving $402 million at $1.11. If XRPโs price surges toward this level, this could set the stage for a potential short squeeze. #CryptonewswithJack
Two #Hyperliquid whales are betting on #Cardano to recover, taking sizable long positions, but they are already in the red as the coin has continued to fall.
The first trader with the address โ0x51f63โ has an open 10x long position on Cardano valued at $2.6 million (17.3 million ADA). This whale opened this trade when the coin traded at $0.176, a price last seen in early June. At the time of writing, the address is nursing unrealized losses of $431,660, which is 165% of its actual margin size on the Cardano position.
At the same time, another whale is suffering a worse unrealized loss on ADA. Address โ0x123dbcโ has a similar 10x leveraged long but is on an unrealized loss of $1.28 million. This is because he opened the bet, worth $1.28 million (8.4 million ADA), at an entry price of $0.303. #Crypto
"XRP Ledger Defies Market Outflows With $1.7B in RWA Inflows"
The #XRP Ledger (XRPL) continues to attract capital into its real-world asset (RWA) ecosystem even as major blockchain networks face heavy outflows. Data shared from RWA.xyz shows XRPL recorded $1.7 billion in net RWA inflows over the past 60 days. In contrast, several leading networks posted significant declines during the same period. Ethereum led the outflows with $5.8 billion leaving the network. Arbitrum followed with $3.0 billion in outflows, while Solana and Polygon recorded declines of $653 million and $250 million, respectively. Against this backdrop, XRPL stood out alongside TRON and HyperEVM as the only major networks to post a substantial net inflow. XRPL Strengthens Position in Tokenization The latest figures add to XRPLโs growing momentum in the tokenization market. Earlier this month, data from the RWA Foundation showed XRPL attracted $1.9 billion in net RWA inflows over a 90-day period, excluding stablecoins. That placed it ahead of Ethereum, which recorded $1.6 billion, and Stellar, which posted $1.4 billion. Other networks trailed behind. BNB Chain attracted $848 million, followed by Solana with $611 million, Avalanche with $362 million, Sei Network with $202 million, and Mantle with $90 million. The trend suggests capital continues to flow into XRPLโs tokenization ecosystem despite weakness across competing blockchain networks. Stablecoin and Tokenized Treasury Activity Accelerates XRPLโs RWA growth has been accompanied by rising activity in stablecoins and tokenized assets. According to RWA.xyz, stablecoin transfer volume on XRPL reached $5.11 billion over a 30-day period. That marks a 22.84% increase from the previous month. Meanwhile, the Ondo Short-Term U.S. Government Bond Fund has become the second-largest tokenized asset on XRPL. The fund recorded about $259.6 million in transfers during the period, highlighting growing institutional interest in tokenized Treasury products. RWA.xyz data also shows that XRPL currently represents about $3.56 billion in off-chain RWAs. This could provide a sizeable pipeline of assets that may eventually move on-chain as adoption grows. XRPL Growth Rate Surpasses Ethereum The XRP Ledger has also expanded rapidly in terms of tokenized asset value. XRPLโs tokenized RWA value grew from roughly $10 million in January 2025 to $400 million by April 2026. The network achieved that growth in about 15 months. By comparison, Ethereum took nearly 36 months to reach a similar milestone. Year-to-date, XRPLโs tokenized RWA value has climbed 78%, rising from $227 million to $404 million. Ethereum recorded 36% growth over the same period. The latest $1.7 billion net inflow further reinforces XRPLโs position as one of the fastest-growing blockchain networks in the expanding RWA tokenization sector. #CryptoNewsFlash
"Is the Dogecoin Burn Address Really Safe from Quantum Threat?"
The #Dogecoin burn address has come under scrutiny as concerns about quantum computing continue to grow across the crypto industry. The address first gained prominence during Dogepartyโs proof-of-burn event in 2014, when users sent DOGE to the wallet in exchange for XDP tokens. More than a decade later, the wallet remains untouched. Blockchain data shows that it currently holds around 1.854 billion DOGE or 1.08% of the Dogecoin supply. At the current DOGE price of $0.083, this holding has a worth of $153 million. The address has received over 22,700 transactions but recorded no outgoing transfers. Considering the size of the holdings, market participants have begun questioning whether future quantum computers could eventually gain access to these coins. How the Dogeparty Burn Address Works Most crypto users assume that all burn addresses permanently remove coins from circulation. However, in reality, blockchains use different methods to achieve that result, and not all of them provide the same level of certainty. Notably, the most secure method relies on OP_RETURN. This function creates outputs that the network itself rejects under its consensus rules. Because the protocol prevents anyone from spending those outputs, no private key, software upgrade, or future breakthrough in computing can unlock the funds. However, the Dogeparty burn address uses a different approach. Instead of relying on OP_RETURN, developers created a standard Pay-to-Public-Key-Hash (P2PKH) address that resembles an ordinary Dogecoin wallet. The address was deliberately designed to display a recognizable pattern, but no known private key exists for it. As a result, the network treats the wallet like any other P2PKH address. The protocol does not explicitly block spending from it. In theory, a corresponding private key could exist somewhere within the vast cryptographic key space. However, finding such a key is currently way beyond the reach of existing computing systems. The Quantum Computing Threat The rise of quantum computing has raised new concerns about the long-term security of cryptocurrencies. Earlier this year, researchers at Googleโs Quantum AI division published findings that significantly reduced previous estimates for the resources needed to break elliptic curve cryptography, the technology that secures Bitcoin, Dogecoin, and many other digital assets. According to the March 2026 research, a sufficiently advanced quantum computer could run Shorโs algorithm against 256-bit elliptic curve cryptography using as few as 1,200 logical qubits and fewer than 90 million Toffoli gates. Under certain assumptions, researchers estimate that such attacks could take only minutes once the required hardware becomes available. These findings may appear troubling for a wallet holding nearly $153 million in Dogecoin. However, the Dogeparty address features an important security advantage that sets it apart from many active wallets. Why the Dogecoin Burn Address May Be More Resistant Notably, the Dogeparty wallet has never sent a transaction. This may actually prove important in a future quantum era. With the P2PKH model, a walletโs public key only becomes visible when funds move out of the address. Until then, the blockchain stores only a hashed version of that public key. Since the Dogeparty burn address has never spent any coins, its public key has never appeared on-chain. This means that a future attacker could not immediately use Shorโs algorithm against the address. Instead, the attacker would first need to reverse the Hash160 process by breaking both SHA-256 and RIPEMD-160 protections to recover a valid public key. Only after overcoming this challenge could they attempt to derive the corresponding private key. For this reason, the Dogeparty address may actually possess stronger protection against quantum attacks than many ordinary DOGE wallets. Countless active addresses have already revealed their public keys through previous transactions, and this creates a more direct target for future quantum systems. For now, the Dogeparty burn address appears to face little immediate danger from quantum computing. It may not qualify as a protocol-enforced burn in the same way as OP_RETURN outputs, but its unrevealed public key provides some level of protection.