Analysis News

Another multi-million-dollar attack has hit the DeFi sector after liquidity provider and market maker TrustedVolumes fell victim to a smart contract exploit on Thursday night. Related Reading: Solana Eyes New Leg Up After Triangle Breakout – Is $96 The Next Stop? TrustedVolumes Hit By $6.7M Hack On Thursday, DeFi platform TrustedVolumes, one of 1inch liquidity providers and market makers, suffered a new exploit that drained millions of dollars in multiple assets from the project. According to reports from blockchain security firms PeckShield and Blockaid, the attacker stole approximately $6 million in Wrapped Ethereum (WETH), Wrapped Bitcoin (WBTC), USDT, and USDT after exploiting a vulnerability in the protocol’s core signature validation logic, which allowed them t...

Bitcoin is trading above $80,000 as the market prepares for what is shaping up to be a decisive directional move. The recovery from the recent correction has been meaningful — but a CryptoQuant report has identified the specific mechanism that prevented the decline from becoming considerably worse, and understanding it changes how the current price level should be read. Related Reading: Retail Capitulation Hits AAVE, But Smart Money Starts Positioning: Here The Post-Crisis Market Structure The report examines the realized prices of different whale cohorts — the average cost basis of large Bitcoin holders segmented by how recently they have been active. When the spot price falls toward a whale cohort’s realized price, it approaches the level at which those holders wou...

Ethereum price started a downside correction below $2,350. ETH is now showing a few bearish signs and might decline further if it trades below $2,265. Ethereum started a downside correction below the $2,365 zone. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,315 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,325 zone. Ethereum Price Dips Further Ethereum price failed to stay above the $2,350 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $2,320 and $2,300 levels. The bears pushed the price below the 50% Fib retracement level of the upward move from the $2,220 swing low ...

Escalating tensions may destabilize the region, hinder US-Iran diplomacy, and increase the likelihood of Iranian airspace restrictions.
The post UAE counters Iranian air attack amid regional tensions appeared first on Crypto Briefing.

Bitcoin price started a fresh decline below the $81,200 zone. BTC is correcting gains and might struggle to stay above the $78,800 support. Bitcoin failed to stay above $80,500 and extended losses. The price is trading below $81,000 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at $80,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $81,200 and $80,800 levels. Bitcoin Price Dips Again Bitcoin price failed to stay above the $81,500 support zone. BTC started a downside correction below the $81,200 and $80,800 levels to enter a short-term bearish zone. There was a move below the 38.2% Fib retracement level of the upward move from the $74,940 swing...

The potential release of Epstein's note could influence public perception and trust in institutional transparency and accountability.
The post Epstein note analysis sparks market interest for May release appeared first on Crypto Briefing.

Escalating US-Iran tensions in the Strait of Hormuz threaten global oil supply stability, potentially driving long-term price volatility.
The post Oil prices jump as US, Iran trade fire in Strait of Hormuz appeared first on Crypto Briefing.

On Thursday, the Hyperliquid Research Collective (HRC) released the first-quarter (Q1) blockchain report on Hyperliquid (HYPE). The report highlights strong progress in several core areas, as well as weaker performance in others.  The document also points to a broader narrative for the platform, arguing that Q1 brought Hyperliquid closer to its “House of All Finance” vision—even as wider market conditions made the quarter tough by historical standards. Hyperliquid Records 70% Outperformance Vs Bitcoin According to the report, Hyperliquid generated $215 million in gross revenue during Q1. That figure was paired with a buyback of 4.9 million HYPE tokens, underscoring the firm’s emphasis on token value support.  Despite the declines seen in some operational metrics, the...

XRP is trading above $1.41 as the market enters what feels like a decisive phase — a consolidation that has been building long enough that the next directional move is increasingly difficult to delay. The price is constructive, and an Arab Chain report tracking whale behavior on Binance has just identified a shift in large holder activity that adds a specific structural dimension to the current setup. Related Reading: Retail Capitulation Hits AAVE, But Smart Money Starts Positioning: Here The Post-Crisis Market Structure The report begins with the March picture, which serves as the alarming baseline. At the beginning of March, 30-day cumulative whale inflows to Binance reached 2.6 billion XRP — a level of large holder activity that reflected significant movement towa...

Harris's critique highlights domestic political divides and potential geopolitical instability, impacting market perceptions of Iran's future.
The post Kamala Harris criticizes Iran war amid US regime change push appeared first on Crypto Briefing.