Category: Analysis

AAVE Price Jumps 25% Today Amid “Golden Cross” Formation

Key Notes Aave has solidified its position as the top DeFi protocol by TVL, which has grown 40% in the past month to $40.7 billion. The protocol’s year-to-date revenue exceeds $250 million, supported by a 57% spike in daily active addresses. Technical analysis shows strong bullish signals with “Golden Cross’ approaching, with a breakout potentially paving the way to $347.19, representing a 30% upside. Along with the broader crypto market upside, AAVE AAVE $174.6 24h volatility: 5.5% Market cap: $2.64 B Vol. 24h: $270.65 M price has shot up 25%…

Korean Candidate Proposes Stablecoin Pegged to Won

Key Notes South Korean presidential candidate favours won-backed stablecoin. The stablecoin is expected to reduce capital flight in the country. Lee Jae-myung also plans to establish a system that enables greater institutional participation in cryptocurrency. South Korea’s presidential candidate from the Democratic Party, Lee Jae-myung, has announced plans to support the development of a stablecoin pegged to the Korean won. This proposed won-backed stablecoin aims to curb capital flight and strengthen the country’s financial sovereignty. Jae-myung emphasized that introducing such a stablecoin would allow the Korean economy to retain more…

Bitcoin ETFs Scoop $667M in Inflows as BTC Eyes Golden Cross

Key Notes Bitcoin ETFs have now seen four consecutive days of inflows, with only three days of outflows in the past month. The $667 million net inflow on May 19 signals aggressive dip buying. Analyst notes a looming “golden cross,” suggesting potential for a sustained BTC rally. Despite a short-term correction in Bitcoin’s BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B price on Monday, institutional interest remained strong. Spot Bitcoin exchange-traded funds (ETFs) saw a massive $667 million in net inflows on May 19,…

Bitcoin Bounces Back Calmly — What CryptoQuant Sees Next

Key Notes The ongoing Bitcoin price rebound is not driven by leveraged speculation. Whales withdrew billions in BTC from exchanges, hinting at a bullish sentiment. CryptoQuant signals a stable bull cycle with moderate investor sentiment. The world’s largest cryptocurrency, Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B , is showing strength again. Market data points to a steady rebound not driven by speculative spikes. Notably, this current pattern, which is related to CryptoQuant analysts, suggests a more stable phase in the current bull…

DigiAsia Stock Soars 90% After $100M Bitcoin Treasury Plan

Key Notes DigiAsia aims to retain Bitcoin as a long-term digital reserve asset while pursuing yield-generating strategies like institutional lending or staking. DigiAsia joins a growing list of companies expanding their Bitcoin holdings, alongside players like Strategy and Metaplanet. Co-CEO Prashant Gokarn emphasized that the move solidifies DigiAsia’s leadership in institutional crypto adoption and fintech innovation. Singapore-based DigiAsia Corp has announced plans to raise a massive $100 million to fund its Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B buying and eventually build…

XRP Futures Launch With $1.5M Volume — Will XRP Hit $3?

Key Notes CME saw four standard XRP contracts traded, totaling $480K at around $2.40. An additional 106 micro contracts added over $1 million to the opening day volume. XRP is currently trading at $2.37, up more than 3% in the last 24 hours. XRP futures began trading on the CME Group’s derivatives platform on May 19, marking a major milestone for the cryptocurrency’s mainstream adoption. The first day of trading saw at least $1.5 million in total volume. According to CME data, four standard XRP contracts, each representing 50,000 tokens,…

Genesis Sued DCG: Can Fallen Lender Recover $3.1B?

Key Notes Genesis aims to recover over $3 billion in the latest lawsuit. The lender accused its parent company of fraud and self-dealing. DCG wanted to hide a massive hole in its balance sheet, but failed. Genesis Global Capital, a major cryptocurrency lender, filed two lawsuits against Digital Currency Group, its parent company, and CEO Barry Silbert to potentially recover over $3 billion. The filings include a $1.1 billion promissory note and over $1.2 billion in allegedly improper transfers. The now-defunct institutional crypto lender, with over 100,000 creditors, claims that…

Senate Advances GENIUS Act Stablecoin Bill

Key Notes Democratic Senators who previously opposed the bill, including Mark Warner, Adam Schiff, and Ruben Gallego, have shifted their stance to support it. The GENIUS Act outlines strict AML/KYC protocols, mandates 1:1 reserves backed by USD. Following the Senate’s debate and vote, the GENIUS Act will move to the House of Representatives. On May 19, the US Senate managed to successfully move ahead with the stablecoin bill, or the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS ACT), with a 62-32 procedural vote. The long-awaited crypto regulation…

Solana (SOL) Holds Ground in Tight Range — Traders Watch for Directional Cue

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

XRP Price Eyes Gains, But Technicals Suggest Upsides May Be Limited

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…