XRP is trading at $1.43, rising above the most technically significant resistance cluster it has faced in months. The price has simultaneously broken the 100-day MA and the descending channel’s upper boundary on the USDT pair, while the BTC pair breaks above a short-term resistance level. For the first time this cycle, both pairs are…
CME Group and ICE urged US regulators to scrutinize Hyperliquid for manipulation and sanctions risks on May 15. Summary CME Group and ICE, the NYSE parent, asked the CFTC and Congress to investigate Hyperliquid for manipulation and sanctions risks. Hyperliquid’s HYPE token fell roughly 6%, dropping from above $45 to below $43 following Bloomberg’s report….
The launch comes only days after another HYPE ETF, 21Shares’ THYP, started trading, racking up $1.8M on its debut. Asset manager Bitwise is set to launch an exchange-traded fund tracking Hyperliquid’s native HYPE token. The ETF will start trading on May 15 under the ticker BHYP on the New York Stock Exchange (NYSE). Capitalizing…
Myanmar’s military published a draft bill on May 14 proposing life in prison for crypto scam operators. Summary Myanmar’s Anti-Online Scam Bill proposes life imprisonment for operating digital currency scam centers. The bill allows the death penalty for individuals using violence, torture or unlawful detention to force victims into scam work. Myanmar’s military-backed parliament is…
The $1,071 level was identified as a strong Ethereum buying zone. Ethereum (ETH) has now erased nearly all of the gains it posted earlier this month after facing renewed selling pressure across the market. Its latest weekly sell signal has also raised concerns that another sharp corrective phase, similar to previous declines, could be…
Revolut secured FCA approval on May 14 to offer private wealth services and leveraged products in the UK. Summary The FCA granted Revolut Trading a Variation of Permissions enabling managed investments and principal dealing for the first time. Revolut plans to launch a UK private banking unit this summer with a £500,000 deposit threshold. The…
Bitcoin fell to $78,600 on May 15 as bond yields surged to a 12 month high, rattling risk markets. Summary Bitcoin fell to $78,600, down roughly 4% from Thursday’s $82,000 high, as bond yields hit their highest since May 2025. The 10-year Treasury yield reached 4.54% while Fed rate hike probability surpassed 44% according to…
LAB allegedly used private OTC discounts, influencer deals, and coordinated exchange activity to support price growth, ZachXBT claimed in investigations. Crypto investigator ZachXBT has accused the team behind LAB of using opaque OTC deals, insider-controlled supply, coordinated market-making activity, and hidden unlock structures to drive the token’s recent rise to a nearly $6 billion…
An anonymous address sold 250 wrapped Bitcoin worth $20.3 million on-chain, on-chain data showed on May 15. Summary An anonymous wallet offloaded 250 wrapped Bitcoin for approximately $20.3 million in a single on-chain transaction on May 15. The sale adds fresh sell-side pressure as BTC trades near $80,400 amid rising Treasury yields and inflation fears….
## Market Snapshot SpaceX Public Ticker Predictions: Currently, the likelihood of SpaceX’s ticker being $SPAX is priced at 0.2% YES, a decrease from 3% 24 hours ago. SpaceX IPO Predictions: The probability of SpaceX filing for an IPO by June 30, 2026, is at 91.5% YES, up from 70% 24 hours ago. ## Key Takeaways…
