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XRP Records Biggest Spike In Network Usage In 2 Months
Failed transactions on the XRP Ledger climbed sharply this week alongside a burst of new user activity, as on-chain data pointed to a wave of participation that accompanied the token’s latest price recovery. Wallets Running Toward 8 Million Total activated accounts on the XRP Ledger reached 7,...NewsBTC
Sat, May 16
Cryptocurrencies
South Korea To Unveil Tokenized Securities Rules In July As Crypto Regulation Advances
South Korean authorities are set to release detailed rules for the issuance, infrastructure, and distribution of tokenized securities, as the country advances its efforts to implement crypto market regulations in 2027. Related Reading: Bank Of England To Ease ‘Overly Conservative’ Stablecoin Rules A...Bitcoinist
Sat, May 16
Cryptocurrencies
Bitcoin Monthly Structure Signals Continuation Of Major Historical Trend
Bitcoin’s long-term price structure is once again drawing attention, as the asset continues to follow a powerful historical pattern on the monthly timeframe. Despite short-term volatility and shifting market sentiment, the broader trend suggests BTC may still be tracking well-established cyclical be...Bitcoinist
Sat, May 16
Cryptocurrencies
Bitcoin Power Law Forecasts Price Bottom Of $42,800 – Details
Bitcoin’s price performance in the last week saw a slowdown to the asset’s relief rally that began in early April. According to data from CoinMarketCap, the market price declined by 1.45% in a range-bound week, during which bulls failed to overcome a key resistance level at $82,000. Notably, the cur...NewsBTC
Sat, May 16
Cryptocurrencies
Crypto Industry Watches As Poland Advances Long-Delayed Regulatory Bill
Poland’s prime minister has tied the country’s repeated failure to pass crypto rules to a high-profile fraud case — a charge that added urgency to a parliamentary vote that had already failed twice before. Related Reading: Crypto Analytics Firm Dune Axes 25% Of Employees Amid Strategic O...Bitcoinist
Sat, May 16
Cryptocurrencies
ZachXBT Claims LAB Insiders Control 95% After $6 Billion Crypto Pump
Crypto On-chain investigator ZachXBT has escalated his accusations against LAB, alleging that insiders likely control more than 95% of the token’s supply after a rally that pushed its fully diluted valuation to roughly $6 billion. The claims center on opaque private loans, OTC deals, changing vestin...Bitcoinist
Sat, May 16
Cryptocurrencies
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
Cryptocurrencies
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
Cryptocurrencies
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
Cryptocurrencies
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
Cryptocurrencies
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
Cryptocurrencies
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
Cryptocurrencies
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
Cryptocurrencies
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
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