XRP Ledger activity rose sharply after XRP briefly moved above $1.54 for the first time in two months, according to Santiment data shared on May 16. Summary XRP network activity hit two-month highs after price briefly reclaimed levels last seen in March. Spot XRP ETFs logged $60.50 million weekly inflows, their strongest week since late…
## Market Snapshot The “next US x Iran diplomatic meeting” market is seeing odds decrease for a YES outcome following Trump’s warning, suggesting a reduced likelihood of imminent talks. Meanwhile, the “Israel-Iran permanent peace deal by June 30, 2026” market is priced at 12.5% YES, down from 16% just 24 hours earlier. ## Key Takeaways…
Why did the SOL and XRP ETFs saw only inflows, while the BTC and ETH counterparts were deep in the red? Bitcoin’s price breakout attempts were halted on a few occasions at $82,000 in the past week, which could be explained to an extent by the developments on the US ETF front. The spot…
ZEC traded near $515 as analysts split over a $750 bullish setup and warnings that weak spot demand may expose the rally to leverage risk. Source link
The US Trade Representative just put China on notice. Jamieson Greer said President Trump will be presented with a menu of options to address Chinese industrial overcapacity, contingent on whether ongoing investigations confirm that excess production is spilling into export markets and distorting global trade. The overcapacity problem, explained State-backed investment has fueled massive production…
USDC users are again asking whether Circle should offer a clearer recovery process for mistaken token transfers. Summary USDC users are questioning Circle’s recovery options after claims of mistaken transfers to inaccessible contracts. Tether’s official recovery page says some mistaken USDT deposits may be reviewed case by case. Tether freezes far more stablecoin value than…
Japan’s biggest online brokerages are about to make crypto investing feel as routine as buying a mutual fund. SBI Securities and Rakuten Securities are each developing in-house cryptocurrency investment trusts, according to Nikkei Asia, giving Japanese retail investors a way to gain exposure to Bitcoin and Ethereum without ever touching a wallet. The move is…
PI has fallen out of the top 50 alts by market cap after the latest price drop. After losing over $4,000 since the Thursday evening peak at $82,000, bitcoin has finally calmed at around $78,000 following yesterday’s multi-week low. Most larger-cap alts are quite sluggish on a daily scale, aside from the two largest…
VanEck and Grayscale filed new amendments for their proposed spot BNB exchange-traded funds, adding fresh attention to the race for the next U.S. altcoin ETF. Summary VanEck and Grayscale filed new BNB ETF amendments as altcoin ETF competition moves faster. Both BNB ETF proposals plan direct token exposure but keep staking out at launch. Canary’s…
Yann LeCun, Meta’s chief AI scientist and one of the godfathers of deep learning, is making a nuanced argument that cuts against both AI hype and AI doomerism simultaneously. Large language models are commercially useful, he says. They’ll justify the billions being poured into GPU clusters and data centers. But the bubble isn’t in the…
