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Ethereum Sell Signal That Last Preceded A 63% Drop Flashes Again
Ethereum has seen a Tom Demark (TD) Sequential sell signal on its weekly chart, something that last led to a major drawdown for the asset.
NewsBTC
Sat, May 16
XRP ETF Accumulation Pushes Marex Group Among Top Holders
Marex Group’s own stock climbed more than 15% in a week after the Nasdaq-listed financial services firm disclosed a combined $9.4 million position across two spot XRP exchange-traded funds, landing it among the top institutional holders of XRP ETF shares in the US. Related Reading: Crypto Anal...
Bitcoinist
Sat, May 16
Bitcoin Short-Term Holder Basis Remains High Within Biggest Supply Cluster
A large pocket of Bitcoin supply is sitting just above the current market, and technical analysis shows that this area may decide the next major Bitcoin move. On-chain analysis by crypto analyst Sherlockwhale identifies the $84,000 to $88,000 zone as arguably the largest supply cluster in Bitcoin...
Bitcoinist
Sat, May 16
S&P elevates Nigeria from B- to B in recent economic ratings, cites improving macroeconomic profile
Nigeria’s economic outlook received a significant lift after S&P Global Ratings announced on May 15 that it had upgraded the country’s credit rating from B- to B, citing improving macroeconomic conditions and economic reforms. According to the ratings agency, stronger oil production, improvements in domestic refining capacity, and the decision to float the naira in...
Cryptopolitan
Sat, May 16
ChatGPT now reads your spending and gives financial advice
OpenAI launched personal finance tools in ChatGPT for Pro subscribers. Users can link bank accounts via Plaid to get spending analysis and financial planning.
Cryptopolitan
Sat, May 16
HYPE Falls 6% As CME, ICE Target Hyperliquid Over Oil Risks
Hyperliquid’s HYPE token retreated roughly 6% on Friday after Bloomberg reported that CME Group and Intercontinental Exchange are pressing US officials to scrutinize the decentralized exchange’s role in offshore oil-linked trading. The move puts one of crypto’s fastest-growing derivatives venues in ...
NewsBTC
Sat, May 16
Ethereum Flashes Rare Divergence Between Spot And Derivatives Market. Who Has The Edge?
Ethereum is consolidating between $2,200 and $2,400 as the market searches for the catalyst or the structural confirmation that forces a decisive break in either direction. The price is holding but not advancing — and a CryptoOnchain analysis tracking Binance’s on-chain flows has identified a ...
Bitcoinist
Sat, May 16
Saudi Arabia moves to tokenize its multi-billion dollar economy with droppRWA securing $12.5 billion in tokenization mandates
DroppRWA has acquired $12.5 billion in mandates to bring real estate assets onto the blockchain, with plans to expand into the energy and manufacturing sectors. Chairman of the firm and architect behind Saudi Arabia’s national digital payments system, Faisal Monai, has led this acquisition, and the development is all part of an intense push by...
Cryptopolitan
Sat, May 16
Is Zcash The Next Bitcoin? Investors Rush Into The Privacy Coin Narrative
Arthur Hayes has a new favorite coin — and it is not Bitcoin. The veteran crypto investor recently revealed that Zcash has become one of his largest crypto holdings outside of Bitcoin, a disclosure that has drawn fresh attention to a cryptocurrency that many had written off. Related Reading: Bitcoin...
NewsBTC
Sat, May 16
Cardano (ADA) Could Launch New Bull Phase With Investor Confidence On The Rise
Following a broader cryptocurrency market bounce on Thursday, Cardano (ADA) has flipped into an upward direction again, breaking past the $0.25 barrier. While the ADA’s price has turned positive, the altcoin’s current structure and on-chain signals are starting to align, raising its potential for a ...
Bitcoinist
Sat, May 16
Robots can't fly Southwest anymore following battery fire concerns
Southwest Airlines blocks humanoid robots from flights after viral incidents and lithium-ion battery fire concerns.
Cryptopolitan
Sat, May 16
Soros Fund Management buys stake in Berkshire Hathaway, Microsoft
Soros Fund Management, the fund founded by billionaire investor George Soros, has revealed new equity stakes in Berkshire Hathaway, Mastercard, and Johnson & Johnson in a quarterly filing with the U.S. SEC. This has interestingly occurred after Berkshire Hathaway appointed a new CEO, Greg Abel, following Warren Buffett’s exit from the company. Soros Fund’s SEC...
Cryptopolitan
Sat, May 16
Latest Inflation Report: What It Could Mean For Bitcoin, Ethereum, And Solana Ahead
Bitcoin (BTC) dropping below the $80,000 mark is starting to undo some of the optimism that followed a major step forward for the industry. After the Senate Banking Committee markup for the CLARITY Act on Thursday, the market’s gains have since faded.
NewsBTC
Sat, May 16
What Does The Rising US Inflation Mean for Bitcoin?
Investors and traders are paying closer attention to Bitcoin (BTC) after the latest US inflation report was released on May 12. As consumer prices in the US continue to climb, questions are mounting about what that means for BTC and whether the world’s largest cryptocurrency can hold its groun...
Bitcoinist
Sat, May 16
Node-ipc supply chain attack targets crypto devs
Attackers hijacked a dormant npm maintainer account and pushed malicious node-ipc versions that steal crypto keys, AWS tokens, and exchange API secrets.
Cryptopolitan
Sat, May 16
XRP Leverage Expansion Raises Risks Near $1.50 Resistance – A Big Move May Follow
,XRP is struggling to reclaim the $1.50 level as the market prepares for a move that participants on both sides of the trade increasingly recognize as decisive. The price is close but not through, and an Arab Chain report tracking Binance derivatives activity has identified a development in the leve...
NewsBTC
Sat, May 16
Strategy could begin selling Bitcoin to support $1.5 billion debt buyback
Strategy (MSTR) could begin selling Bitcoin (BTC) to cover its debt repurchase program, the firm stated in a filing to the Securities and Exchange Commission (SEC) on Friday.
Bitcoin
Fxstreet
Fri, May 15
Ethereum Price Lags Despite Record Staking Levels: What Are Investors Missing?
Ethereum is struggling to push past resistance as the market faces a wave of uncertainty that has kept the price pinned below levels that would signal a genuine recovery. The price action is frustrating — buyers keep arriving but cannot sustain the momentum needed to break through — and CryptoQuant ...
Bitcoinist
Fri, May 15
JAL trials bipedal robots for baggage and cabin cleaning
Japan Airlines deploys Unitree humanoid robots at Tokyo's Haneda Airport for baggage and cabin cleaning as labor shortages intensify across Japan.
Cryptopolitan
Fri, May 15
Dogecoin Has Now Entered Oversold Levels That Has Led To Previous Cycle Bottoms
Doggy-themed meme coin Dogecoin (DOGE) has once again slipped into oversold territory, as rising volatility and weak price action continue to drive investors toward the exit. While this may seem bearish on the surface, analysts note that this oversold region has historically preceded Dogecoin’s cycl...
NewsBTC
Fri, May 15
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