XRP registered one of its strongest network-growth bursts of the year, with 
Santiment reporting 4,300 new wallets created in 24 hours, the fourth-largest 
spike of 2026. The analytics firm said the move matters because “network 
growth is among the top leading signals to identify reversals,” placing the 
wallet surge alongside a set of on-chain metrics that suggest XRP is trading 
in a lower-risk zone than usual. Santiment Points To Undervalued Setup For XRP 
The data point was also shared by Santiment’s Brian Quinlivan in yesterday’s 
livestream. The XRP segment stood out for a combination of fresh wallet 
creation, depressed profitability metrics and relatively subdued crowd 
sentiment. Quinlivan said XRP’s MVRV setup looked “pretty similar to 
Ethereum,” but with an even deeper long-term drawdown among active holders. 
According to the Santiment data cited during the livestream, XRP’s 365-day 
MVRV sat around negative 35.12%, while its 30-day MVRV had slipped back into 
negative territory at roughly negative 3%. Related Reading: XRP’s Big Buyers 
Returned In April But left In May: Capital Inflows Data Explains The Shift 
That combination, he argued, places XRP in a statistically less overheated 
position than during periods when recent and longer-term holders are sitting 
on large unrealized gains. “Again, that golden rule, they’re both below zero, 
meaning you’d be buying whether you’re doing short or long-term trading at a 
less risky point than the average moment in XRP’s 11, 12 year history now,” 
Brian said. He was more forceful on the long-term figure, noting that readings 
below negative 30% tend to mark a point where the average active holder has 
already absorbed substantial losses. “Anything below 30, no matter what asset 
you’re looking at, that’s something that should provide confidence in your 
investment because you have something that quantifies how much blood in the 
streets there is,” he said. “You can buy knowing that your fellow peers that 
you’re trading against, you’re not on the same team just because they’re 
investing in the same asset. You’re buying when those fellow peers have 
already experienced immense losses that you haven’t because you’d be opening a 
fresh new entry into XRP.” Related Reading: XRP Declines 8%, But Whales Scoop 
Up 71 Million Tokens Sentiment data added another layer to the setup. Brian 
said XRP’s social tone had been “pretty up and down lately,” but leaned more 
negative than usual, which Santiment typically treats as constructive from a 
contrarian perspective. The asset was showing about 1.7 bullish comments for 
every bearish comment, a level that may sound elevated in isolation but is 
below XRP’s usual social baseline, which Brian said tends to run closer to a 
2-to-1 bullish ratio. Outside of one outlier around May 14, he said XRP 
sentiment had remained below its typical average for roughly the prior 10 
days. That matters because, in Santiment’s framework, overheated bullishness 
often appears closer to local tops, while apathy or frustration can emerge 
near more attractive entries. The livestream also framed XRP within a softer 
altcoin environment. Brian noted that many assets have faced negative 
sentiment because they failed to follow Bitcoin into a more convincing rally. 
He pointed to the way market attention around specific integrations or 
partnerships can fade quickly if price does not respond, referencing XRP- 
related hype around a Rakuten partnership roughly a month earlier as an 
example of how narratives can lose traction without confirmation from the 
market. At press time, XRP traded at $1.36. Featured image created with 
DALL.E, chart from TradingView.com

XRP registered one of its strongest network-growth bursts of the year, with Santiment reporting 4,300 new wallets created in 24 hours, the fourth-largest spike of 2026. The analytics firm said the move matters because “network growth is among the top leading signals to identify reversals,” placing the wallet surge alongside a set of on-chain metrics &#8230;

XRP Sees 4th-Largest Wallet Growth Spike Of 2026, Santiment Says

Bitcoin Pizza Day has once again drawn attention to the first known real-world 
Bitcoin transaction, a 2010 pizza purchase that later became one of the most 
referenced moments in cryptocurrency history. According to archived posts on 
the Bitcointalk forum, early…

Bitcoin Pizza Day has once again drawn attention to the first known real-world Bitcoin transaction, a 2010 pizza purchase that later became one of the most referenced moments in cryptocurrency history. According to archived posts on the Bitcointalk forum, early…

What is Bitcoin Pizza day?

SkyBridge&#8217;s continued losses highlight the risks of heavy crypto exposure, 
underscoring the volatility and uncertainty in digital asset markets.
The post Scaramucci&#8217;s SkyBridge posts second straight quarterly loss on crypto 
bet appeared first on Crypto Briefing.

SkyBridge&#8217;s continued losses highlight the risks of heavy crypto exposure, underscoring the volatility and uncertainty in digital asset markets. The post Scaramucci&#8217;s SkyBridge posts second straight quarterly loss on crypto bet appeared first on Crypto Briefing.

Scaramucci’s SkyBridge posts second straight quarterly loss on crypto bet

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.

XRP Sees 4th-Largest Wallet Growth Spike Of 2026, Santiment Says

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