Crypto Industry News & Market Trends

Ethereum price prediction as whales go on a $320 million ETH buying spree

Ethereum (ETH) is recording increased whale attention, with large investors accumulating the asset as it attempts to break past long-term resistance.　　On-chain data indicates that Ethereum whales bought over 140,000 ETH worth approximately $322 million in just 96 hours, according to insights shared by cryptocurrency analyst Ali Martinez on May 3.　　According to the data, whale-held Ethereum balances have steadily climbed in recent days, with ETH holdings rising from around 13.83 million coins at the start of the period to nearly 13.98 million ETH by May 3.　　The buying spree comes as Ethereum traded at $2,333 at press time, up about 1% in the past 24 hours.　　Notably, whale accumulation is often viewed as a key indicator because institutional-scale investors typically buy aggressively during consolidation phases ahead of anticipated price appreciation.　　Ethereum price prediction　　Following the aggressive buying, Finbold turned to OpenAIs ChatGPT for insights on how the cryptocurrency might trade in the coming sessions.　　Based on the whale accumulation, Ethereums current technical structure, and broader crypto momentum, ChatGPT predicts ETH is more likely to move higher than lower over the next one to three months.　　The probability-weighted outlook assigns a 60% chance that Ethereum rallies into the $2,700 to $3,000 range. Meanwhile, there is a 25% probability

05-04Ethereum

ETH Price Prediction: Institutional Momentum Could Drive $4,000 Push Despite Current Consolidation

Ethereum faces a critical juncture as institutional adoption accelerates while price action remains trapped in consolidation. The cryptocurrencys path forward depends on whether building momentum can overcome technical resistance levels that have contained recent rallies.　　Market Dynamics Shifting Toward Infrastructure　　Ethereums value proposition extends beyond simple price speculation into real-world utility that institutions increasingly recognize. The network processes more transactions daily than traditional payment systems, with decentralized finance protocols and enterprise applications driving consistent demand for ETH as both a transaction medium and collateral asset.　　This infrastructure usage creates a different demand profile than speculative cryptocurrencies. While retail traders focus on short-term price movements, Blockchain.news analysis shows institutional participants evaluate Ethereum based on network growth metrics and adoption trends that support longer-term value accumulation.　　Technical Picture Shows Coiled Energy　　Current price action reflects the tension between accumulation and distribution as different market participants position for potential moves. ETH has established a trading range with clear boundaries, creating conditions where a decisive break in either direction could trigger significant follow-through movement.　　The sideways consolidation pattern often precedes major directional moves as market participants build positions before catalysts emerge. Trading volume patterns suggest preparation for increased volatility rather than continued stagnation, though the timing of any breakout remains

05-04Ethereum

LDO Price Prediction: $0.30 Support Test Before $0.45 Target by Mid-2026

Technical Momentum Stalls at Critical Junction　　LDOs current position at $0.37 represents a critical inflection point where momentum indicators are signaling underlying weakness beneath the surface calm. The RSI reading near neutral territory masks the real story unfolding in price action, while momentum oscillators show buyers stepping away just as the token needs conviction most. Price compression within a narrow range suggests the market is coiling for its next major move.　　The moving average structure tells a concerning tale, with short-term averages clustering around current levels and acting as immediate resistance rather than support. Meanwhile, longer-term trend lines sit substantially higher, creating a technical environment where upside faces multiple layers of resistance. This configuration typically precedes a breakdown rather than a breakout, particularly when combined with the derivatives positioning were seeing.　　Derivatives Market Reveals True Sentiment　　The futures market is painting a picture that contradicts any surface-level optimism about LDOs immediate prospects. Retail traders have positioned themselves heavily on the short side, with 60.3% betting against price appreciation compared to just 39.7% holding long positions. This extreme imbalance in sentiment often precedes further downside movement as the majority position tends to be validated in the near term.　　More telling is the funding rate dynamics, where

05-04Industry

Dormant Wallets Spend 793 BTC Over 72 Hours as Bitcoin Crosses $79,000

Onchain data shows 793 spent May 1-3, 2026, with 56 of 62 outputs originating from 2016 wallets.A single 110 output created in June 2011 moved on May 1, signaling decade-old holders are still active.Activity spiked sharply on May 3 as traded near $79,000, with 50 of 62 total outputs spent on Sunday.　　Onchain Data Tracks Leaving Old Wallets Since May 1　　The last three days of May saw 62 spent outputs from dormant coins across the network, according to btcparser.com stats. The majority, 56 of the 62 outputs, originated from coins created in late 2016, accounting for roughly 600 of the total spent. Most of those 2016 outputs moved on May 2 and May 3, with single-transaction amounts ranging from a fraction of a to more than 26 .　　The older activity deserves attention. Two outputs created in 2011 were spent on May 1, totaling 130.02 . One of those came from a wallet holding 110 BTC, with coins dating back to June 13, 2011. The other output, 20.02 , traced back to July 6, 2011. Together, those two transactions represent about 16% of the total moved this month.　　A third early-era transaction, from a 2012 output, moved 11.36 on May 1. The coins

05-04Industry

Upbit operator Dunamu taps Optimism Foundation to build GIWA Chain as first self-managed enterprise L2

Dunamu, the Seoul-based fintech company behind South Korea‘s dominant crypto exchange Upbit, has tapped the Optimism Foundation to underpin and scale its GIWA Chain using the OP Stack and integrate it into Optimism’s OP Enterprise framework.　　Unveiled last September, GIWA Chain is an Ethereum layer 2 blockchain focused on improving usability and accessibility in web3.　　The network delivers fast performance with one-second block times, supports existing Ethereum-based development through EVM compatibility, and benefits from continuous upgrades via the open-source ecosystem led by the Optimism Foundation.　　The chain is already live on testnet, with nearly 100 million transactions processed as of May 3, and is expected to launch on mainnet soon.　　Under a non-binding memorandum of understanding between Dunamu and the Optimism Foundation. GIWA Chain is expected to become the first deployment on the Self-Managed tier of OP Enterprise, a framework built for operators seeking full control over their blockchain environment.　　In this structure, Upbit will control the primary sequencer and all core network decisions, while Optimism provides institutional-grade support, including system monitoring and a backup sequencer for failover.　　“Operating our own GIWA Chain is a strategic move for Upbit. Our goal is to provide institutional and retail users with a level of performance and compliance consistent

05-04Industry

US President Donald Trump says US will start guiding trapped ships through Hormuz — Bloomberg

US President Donald Trump said the United States (US) will begin guiding some neutral ships trapped in the Persian Gulf out through the Strait of Hormuz beginning Monday, Bloomberg reported on Sunday.　　“The Ship movement is merely meant to free up people, companies, and Countries that have done absolutely nothing wrong — They are victims of circumstance,” said Trump in a social media post. “If, in any way, this Humanitarian process is interfered with, that interference will, unfortunately, have to be dealt with forcefully,” Trump added.　　According to the Wall Street Journal, which cited an unnamed US official, this new effort does not currently involve US Navy escorts but rather a coordination process for countries, insurance companies and shipping organizations.　　Risk sentiment FAQs　　In the world of financial jargon the two widely used terms “risk-on” and “risk off” refer to the level of risk that investors are willing to stomach during the period referenced. In a “risk-on” market, investors are optimistic about the future and more willing to buy risky assets. In a “risk-off” market investors start to ‘play it safe’ because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if

05-04Industry

Iran’s Azizi warns US interference in Hormuz will be considered a violation of the ceasefire

Ebrahim Azizi, a former commander in Iran‘s Islamic Revolutionary Guards Corps (IRGC) and current head of the parliamentary National Security and Foreign Policy Committee, said that any US interference in the new maritime regime of the Strait of Hormuz will be considered a violation of the ceasefire. He added that the Strait of Hormuz and the Persian Gulf are not a place for rhetoric.’　　Key quotes　　Any US interference in the new maritime regime of the Strait of Hormuz will be considered a violation of the ceasefire.　　The Strait of Hormuz and the Persian Gulf would not be managed by Trumps delusional posts.　　Brent Crude Oil FAQs　　Brent Crude Oil is a type of Crude Oil found in the North Sea that is used as a benchmark for international Oil prices. It is considered ‘light’ and ‘sweet’ because of its high gravity and low sulfur content, making it easier to refine into gasoline and other high-value products. Brent Crude Oil serves as a reference price for approximately two-thirds of the worlds internationally traded Oil supplies. Its popularity rests on its availability and stability: the North Sea region has well-established infrastructure for Oil production and transportation, ensuring a reliable and consistent supply.　　Like all assets supply and

05-04Industry

US President Donald Trump casts doubts on Iran peace proposal as details emerge

Efforts to mediate an end to the Iran war persisted as the war in Iran entered its third month, and US President Donald Trump hinted that Tehrans latest peace proposal might not be enough to satisfy him, Bloomberg reported on Sunday.　　Irans suggestions include setting a one-month deadline on talks for a deal to reopen the Strait of Hormuz and end both the US naval blockade and the conflict in Iran and Lebanon, according to Axios, which cited two sources familiar with the matter.　　The source said that if such a pact is reached, another month of discussions would then begin in an attempt to reach an agreement on Irans nuclear program.　　Market reaction　　At the time of writing, the West Texas Intermediate (WTI) is down 1.05% on the day at $98.18.　　WTI Oil FAQs　　WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as “light” and “sweet” because of its relatively low gravity and sulfur content respectively. It is considered a high quality Oil that is easily refined. It is sourced in the United States and distributed via the Cushing

05-04Industry

Bitcoin Consolidates Near $78,500 as ETF Inflows Keep the Bull Case Alive

Bitcoin is spending another session in a tight range, with the market hovering around $78,548 and trading between an intraday low of $78,081 and a high of $78,963, according to live market data. That price action lines up with the chart pattern, where BTC appears to be building a base after a sharp rebound from the low-$70,000 area.　　The chart shows the market pressing into the $79,000 region, with nearby support around $76,600 and a broader “crucial area to hold” closer to the low-$71,000s. On the upside, the next visible supply zone sits around $86,500, followed by a higher resistance band near $90,300. In other words, Bitcoin is not breaking out yet, but it also does not look like a market that is rolling over.　　That is the core of the argument being made by crypto analyst Michaël van de Poppe, who said Bitcoin is showing “strong consolidation” and that Friday gave an early hint about what may come next. His key level is $79,000. In his view, that area has to give way before the next leg higher can develop. If it does, he expects momentum to improve quickly, with $86,000 to $88,000 as the first resistance zone and $92,000 to

05-04Industry

HBAR Price Prediction: $0.17 Target After $0.12 Break - Institutional Money Loading

Market Context: Why HBAR is Moving Now　　HBAR has transformed into a coiled spring at $0.09, trapped in the tightest trading range we‘ve seen all year. This isn’t market indifference – its institutional positioning disguised as boredom. The $2.8 million daily volume on Binance masks something more significant happening beneath the surface.　　Enterprise partnerships continue building Hederas foundation while price action deliberately stays under the radar. The 200-day moving average at $0.12 has become the line in the sand – every rally dies there, but selling pressure exhausts just as quickly. This type of compression typically resolves with explosive moves, and the setup heavily favors the upside.　　The network‘s real-world adoption through CBDCs and enterprise use cases creates fundamental value that hasn’t reflected in price yet. According to analysts at Blockchain.news, this disconnect between utility growth and price stagnation often precedes significant revaluation events.　　Technical Foundation Building　　The indicator constellation paints a picture of imminent breakout potential. RSI sitting in neutral territory around 44 shows neither overbought exhaustion nor oversold panic – just patient accumulation. The MACD flatline near zero indicates momentum is reset and ready for the next directional impulse.　　More compelling is the Bollinger Band compression to multi-month tightness, creating a volatility coil that

05-04Industry

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