Category: News

Key takeaways: XRP price is forming a bullish V-shaped recovery pattern targeting $3.40. A 53% surge in open interest to $5.06 billion signals bullish sentiment. XRP (XRP) price shows positive signs as a bullish technical pattern emerges on its weekly chart, coinciding with increasing open interest. Increasing OI backs...

In Brazil, a listed fintech has become the first of its kind to hold Bitcoin as a treasury asset. This marks a strategic shift that reflects growing institutional adoption of crypto, and could help trigger the next crypto to 1,000x In a May 15 press release, cashback-services firm Méliuz...

Let the money flow, and watch a bull run begin. The U.S. government is reportedly preparing to relax key banking regulations in a move towards banking deregulation, loosening restrictions put in place after the financial crisis of 2008. The moves could ignite a crypto bull run, setting up conditions...

A federal judge has rejected a joint request by Ripple Labs and the U.S. Securities and Exchange Commission (SEC) to approve a proposed $50 million settlement. In a ruling issued Thursday, U.S. District Judge Analisa Torres said the parties’ motion was not only outside her jurisdiction, as the case...

The State of Wisconsin Investment Board (SWIB), one of the first U.S. state pension funds to invest in a spot bitcoin BTC exchange-traded fund, exited its position entirely in the first quarter as the price of the largest cryptocurrency fell about 12%. At end of 2024, the board held...

Ether’s ETH rally, though impressive, leaves much to be desired. That’s because the unwinding of shorts is said to be fueling the rally, not fresh longs or bullish leveraged bets on the Chicago Mercantile Exchange (CME). “The rally is primarily the result of short covering – traders unwinding bearish...

A sharp sell-off in Coinbase (COIN) stock may be an overreaction to two pieces of bad news that hit on the same day, according to analysts at Barclays and Oppenheimer. Shares of the crypto exchange dropped 7.2% on Thursday after it disclosed a social engineering-driven data breach and later...

A fake Eric Trump-themed memecoin launched on Solana’s memecoin launchpad Pump.fun, rose more than 6,200% in the past 24 hours, raising red flags among blockchain analysts who warned of a potential rug pull. A newly-created Eric Trump (ERICTRUMP) memecoin with the token address “jv7d” surpassed $140 million in market...

Ripple’s seemingly tidy settlement with the US Securities and Exchange Commission in the XRP lawsuit has hit a procedural wall. During a late-night X livestream on 15 May, attorney John E. Deaton dissected Judge Analisa Torres’s order refusing to “rubber-stamp” a joint motion that would have lifted the injunction...

Bitcoin (CRYPTO: BTC) treasury companies like Michael Saylor‘s Strategy Inc. (NASDAQ:MSTR) (formerly MicroStrategy) were in focus as Brett Winton, the chief futurist at ARK Investment Management LLC, highlighted that trouble could be brewing for such companies in the long run. What Happened: As companies like MSTR have been issuing...