BitcoinEthereumNews·
The post CRV Price Prediction: Relief Rally to $0.27 Before $0.21 Target appeared on BitcoinEthereumNews.com. Lawrence Jengar May 16, 2026 08:20 CRV’s negative funding rates signal a potential 12% bounce to $0.27, but technical breakdown below $0.23 support targets $0.21 within two weeks as DeFi sector weakness persists. The Current Setup CRV trades at $0.24, down 6.78% today and caught between critical technical levels that will determine the next major move. The 20-day SMA at $0.25 acts as immediate resistance while the 50-day SMA at $0.23 provides the last line of support before deeper losses. The MACD histogram hovers near zero, indicating market indecision, while RSI at 49 shows neither bulls nor bears have established control. The derivatives market reveals interesting dynamics with the -0.0118% funding rate forcing shorts to pay longs, creating artificial buying pressure that could spark a relief rally. Open interest surged 10.12% to $21.5 million in 24 hours,
Read full articleBlockchain tracking firm Arkham Intelligence has labeled a set of suspicious wallets as “THORChain Exploiter” addresses, with one Bitcoin-linked wallet holding close to 36.85 BTC — worth roughly $3 million — and a separate Ethereum wallet carrying around 216 ETH. The funds are sitting there, visible on-chain, linked to two addresses that security researchers have […]
The post Ethena’s USDe supply on Solana rises by over $450M in 4 days appeared on BitcoinEthereumNews.com. Ethena’s synthetic dollar USDe just had a very good week on Solana. The token’s supply on the network surged by more than $450 million in just four days, a pace of capital inflow that most DeFi protocols would be thrilled to see over an entire quarter. The growth is particularly striking in relative terms. USDe’s supply on Solana is now approaching ten times the amount circulating on HyperliquidX, making Solana the clear center of gravity for USDe liquidity outside of Ethereum. What’s behind the surge USDe isn’t your typical stablecoin. It’s a synthetic dollar created by Ethena Labs, which launched the token in February 2024. Unlike USDC or USDT, which are backed by traditional reserves held in bank accounts, USDe maintains its peg through a delta-neutral hedging strategy. Think of it like this: Ethena holds crypto collateral and simultaneously opens short positions to offset pric
Ethena's USDe surge on Solana highlights potential risks of network concentration and collateral strategy, impacting DeFi stability and investor confidence. The post Ethena’s USDe supply on Solana rises by over $450M in 4 days appeared first on Crypto Briefing.
The post ALGO Price Prediction: Relief Rally to $0.12 Before $0.10 Break Within 10 Days appeared on BitcoinEthereumNews.com. Lawrence Jengar May 16, 2026 08:28 ALGO’s technical structure shows distribution patterns with negative funding rates and selling pressure setting up a brief bounce to $0.12 resistance before breaking down to $0.10 support. Market Context: Why ALGO is Moving Now Algorand is declining while broader crypto markets hold steady. Trading at $0.1112 with a 3.89% daily drop, ALGO exhibits institutional distribution patterns below most major moving averages except the 50-day SMA. This positioning indicates a market structure shift from accumulation to distribution phase. The absence of verified KOL activity over 24 hours signals potential directional change. When promotional voices quiet down, institutional positioning often moves opposite to retail sentiment. This pattern has emerged consistently during altcoin correction phases in 2026. Technical Indi
The $292 million KelpDAO exploit is among the biggest crypto losses of 2026. The impact of this attack on users’ confidence was broad, triggering a $13.5 billion drop in DeFi total value locked (TVL). However, recent developments suggest a return in market confidence. Related Reading: ZachXBT Claims LAB Insiders Control 95% After $6 Billion Crypto […]
Learn how MiCA and global crypto regulation affect exchanges, stablecoins, wallets, DeFi access and user risk.
The post Is ETH Still the Backbone of Web3? appeared on BitcoinEthereumNews.com. Ethereum is no longer just “the smart contract chain.” In 2026, it is better understood as a settlement layer, liquidity hub, developer base, staking network, ETF asset, and foundation for a growing web of Layer 2 ecosystems. That makes the question more nuanced than whether Ethereum is still important. The real question is whether ETH still captures enough value from the activity built around it. For crypto investors, DeFi users, builders, and Web3 businesses, Ethereum remains difficult to ignore. It still anchors much of the DeFi economy, supports major stablecoin and tokenized asset activity, and serves as the base layer for many rollups. At the same time, users now interact with Ethereum through Layer 2 networks more often than through Ethereum Mainnet itself. This guide explains Ethereum’s 2026 position without hype. It looks at what Ethereum still does well, where the risks are, how Layer 2 scaling c
Assess Ethereum’s 2026 role in Web3, from L2 scaling and staking to DeFi, ETFs, risks, competitors and practical ETH research checks.
