Galaxy and BitGo face off in court over failed $1.2B merger as Novogratz 
disputes a $100M termination fee and SEC accounting rules at trial.

Galaxy and BitGo face off in court over failed $1.2B merger as Novogratz disputes a $100M termination fee and SEC accounting rules at trial.

Galaxy and BitGo face off over failed $1.2B deal

Hyperliquid&#8217;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&#8217;s 
analysis. HYPE&#8217;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&#8217;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&#8217;s relatively short price history. HYPE&#8217;s price 
entering a dangerous area if the asset can&#8217;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

Hyperliquid&#8217;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 &#8230;

HYPE Is Up 130% In 2026 — But This Top Analyst Sees A Dangerous Setup Forming Around $60

Whale trader Loracle deposited and rapidly sold 616,675 Hyperliquid tokens 
worth $36.76 million, using the proceeds to defend a short position carrying 
over $103 million in notional exposure as the token trades near its all-time 
high. Loracle Offloads HYPE to Defend Massive Short as Squeeze Risk Mounts 
Onchain data shows that Loracle, the trader holding […]

Whale trader Loracle deposited and rapidly sold 616,675 Hyperliquid tokens worth $36.76 million, using the proceeds to defend a short position carrying over $103 million in notional exposure as the token trades near its all-time high. Loracle Offloads HYPE to Defend Massive Short as Squeeze Risk Mounts Onchain data shows that Loracle, the trader holding &#8230;

Whale Dumps $36M in HYPE to Shore Up $103M Short on Hyperliquid as Liquidation Risk Builds

Bitget launched SPCXUSDT, a SpaceX-linked pre-IPO perpetual with 5x leverage, 
as crypto venues race to price the possible IPO early now.

Bitget launched SPCXUSDT, a SpaceX-linked pre-IPO perpetual with 5x leverage, as crypto venues race to price the possible IPO early now.

Bitget joins SpaceX pre-IPO trading race with 5x perps

Stagflation fears in Europe could lead to tighter monetary policies, impacting 
economic growth and increasing market volatility.
The post EU Economy Commissioner Dombrovskis warns of inflation response as 
stagflation fears grip Europe appeared first on Crypto Briefing.

Stagflation fears in Europe could lead to tighter monetary policies, impacting economic growth and increasing market volatility. The post EU Economy Commissioner Dombrovskis warns of inflation response as stagflation fears grip Europe appeared first on Crypto Briefing.

EU Economy Commissioner Dombrovskis warns of inflation response as stagflation fears grip Europe

Iran&#8217;s jurisdiction claim in the Strait of Hormuz may escalate regional 
tensions, impacting global oil trade and maritime security dynamics.
The post Iran asserts control over UAE, Oman waters in Strait of Hormuz 
appeared first on Crypto Briefing.

Iran&#8217;s jurisdiction claim in the Strait of Hormuz may escalate regional tensions, impacting global oil trade and maritime security dynamics. The post Iran asserts control over UAE, Oman waters in Strait of Hormuz appeared first on Crypto Briefing.

Galaxy and BitGo face off over failed $1.2B deal

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