Aave asks a New York court to lift a restraint on 30,766 ETH tied to the Kelp 
exploit, arguing frozen funds belong to affected users.

Aave files emergency motion to lift restraining notice on frozen ETH

Solana started a fresh increase from the $83.50 zone. SOL price is now 
consolidating and might aim for more gains above the $85.50 zone. SOL price 
started a fresh upward move above the $83 and $84 levels against the US 
Dollar. The price is now trading above $84 and the 100-hourly simple moving 
average. There is a bullish trend line forming with support at $83.80 on the 
hourly chart of the SOL/USD pair (data source from Kraken). The pair could 
extend gains if it clears the $85.50 resistance zone. Solana Price Eyes Key 
Upside Break Solana price corrected gains from the $85.50 zone but remained 
stable above the $83 zone, like Bitcoin and Ethereum. SOL formed a low near 
$83.20 and started a fresh upward move. The price climbed above the $84 level 
to enter a short-term positive zone. It surpassed the 50% Fib retracement 
level of the downward move from the $85.85 swing high to the $83.27 low. 
Besides, there is a bullish trend line forming with support at $84.00 on the 
hourly chart of the SOL/USD pair. Solana is now trading above $84 and the 
100-hourly simple moving average. On the upside, the price is facing 
resistance near $85.20 and the 76.4% Fib retracement level of the downward 
move from the $85.85 swing high to the $83.27 low. The next major resistance 
is near the $85.50 level. The main resistance could be $88. A successful close 
above the $88 resistance zone could set the pace for another steady increase. 
The next key resistance is $90. Any more gains might send the price toward the 
$95 level. Another Drop In SOL? If SOL fails to rise above the $85.50 
resistance, it could start another decline. Initial support on the downside is 
near the $83.80 zone and the trend line. The first major support is near the 
$82.50 level. A break below the $82.50 level might send the price toward the 
$80 support zone. If there is a close below the $78 support, the price could 
decline toward the $72 support in the near term. Technical Indicators Hourly 
MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours 
RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. 
Major Support Levels – $83.80 and $82.50. Major Resistance Levels – $85.50 and 
$88.00.

Solana (SOL) Range-Bound Below $90, Control Battle Intensifies

Bitcoin’s May setup is drawing fresh attention after two consecutive green 
months, with Trader_XO pointing to seasonality data that leaves BTC on the 
edge of a rare three-month streak. The question is whether the historical 
pattern has real market weight this time, or whether the latest geopolitical 
shock has already complicated the signal. Bitcoin Eyes Rare Three-Month 
Winning Streak The Coinglass data shared by Trader_XO shows Bitcoin’s monthly 
returns by year, with 2026 so far marked by a sharp early-year drawdown 
followed by a recovery phase. BTC fell 10.17% in January and another 14.94% in 
February, before turning higher with a 1.81% gain in March and an 11.87% 
advance in April. May is shown up 3.18% so far, keeping the month positive at 
the time of the snapshot. “Bitcoin seasonality, with context,” Trader_XO 
wrote. “May stats: Positive ~60% of the time (8/13 years). Avg return: ~+8%. 
Median return: ~+3%. Only once has BTC had March, April, May all green (2019). 
This year so far: March: +1.81%. April: +11.87%. May opened at 76.3s. Does May 
end up being positive by month end?” The Coinglass table gives the seasonal 
argument some structure. Its visible average row lists May at +7.82%, making 
it one of Bitcoin’s stronger months historically, behind October, November and 
April in the displayed data. The median row shows May at +6.34%, while the 
broader table highlights how uneven the month has been: May delivered outsized 
gains in 2017 and 2019, both above 52%, but also saw deep losses in 2021 and 
2022, at -35.31% and -15.6%. Related Reading: Bitcoin Price Tops $80,000 For 
First Time Since January After Trump Announcement That dispersion matters. 
May’s green bias is not the same as a reliable monthly trade. The chart shows 
positive May returns in eight of the past 13 completed years, but the losses, 
when they arrived, were large enough to make context more important than a 
simple seasonal read. That was also the point raised in the replies. 
StrongHedge argued that “context matters alongside data,” noting that in 2019 
the market had “pico bottomed” and was beginning a new uptrend. Trader_XO 
agreed, responding: “Yep — exact same thoughts.” The comparison is important 
because 2019 remains the only year in the dataset where Bitcoin posted gains 
in March, April and May in sequence. Related Reading: Bitcoin Bulls Show Signs 
Of Exhaustion Around $78,000 — What’s Next? For 2026, the market is now 
testing whether the same three-month pattern can repeat after a very different 
start to the year. The rebound from February’s drawdown has been strong enough 
to restore upside momentum, but not clean enough to remove macro and 
geopolitical risk from the equation. That became clear in Monday’s price 
action. Bitcoin climbed above $80,000 for the first time since late January, 
reaching an intraday high around $80,529, after Donald Trump announced 
“Project Freedom,” a US effort tied to the Strait of Hormuz. Reuters reported 
that the US deployed Navy guided-missile destroyers to help escort commercial 
vessels, while AP reported that CENTCOM said two American-flagged merchant 
ships transited the strait with Navy support. The relief move did not hold. 
Later, Iran’s Fars news agency reported that missiles had hit a US warship 
near Jask Island after it ignored Iranian warnings, while US officials denied 
that any Navy vessel had been struck. Bitcoin quickly lost the $80,000 
breakout and slipped back toward the high-$78,000s. At press time, BTC traded 
at $78,755. Featured image created with DALL.E, chart from TradingView.com

Bitcoin Seasonality Flashes Bullish May Signal After Two Green Months

South Korea&#8217;s involvement highlights the strategic importance of international 
cooperation in stabilizing vital global trade routes amid geopolitical 
tensions.
The post South Korea joins talks to ensure safe passage through Strait of 
Hormuz appeared first on Crypto Briefing.

South Korea joins talks to ensure safe passage through Strait of Hormuz

The incident exacerbates geopolitical tensions, potentially disrupting global 
trade and energy markets due to strategic vulnerabilities.
The post South Korean vessel fire heightens Strait of Hormuz tensions amid US- 
Iran standoff appeared first on Crypto Briefing.

South Korean vessel fire heightens Strait of Hormuz tensions amid US-Iran standoff

Increased speculation on institutional Bitcoin adoption could drive market 
confidence, but unverified claims may lead to volatility and uncertainty.
The post Fidelity&#8217;s alleged $184M Bitcoin purchase fuels institutional 
interest speculation appeared first on Crypto Briefing.

Cryptocurrency price in MXN

Market Overview