Category: Other Crypto News

Bitcoin, Altcoins Turn Bearish As Inflation Worries Pressure Markets

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Key points: Bitcoin has pulled back to the $76,000 level, a crucial near-term support level to watch. Several major altcoins have broken below their near-term support levels, indicating that the bulls have given up. Bitcoin (BTC) came under pressure on Monday after US President Donald Trump warned Iran that the “clock is ticking” and they better get moving fast. Analyst CryptoRover said in a post on X that a potential US military operation against Iran “is extremely dangerous for $BTC.” Institutional investors also seem to be turning cautious in the…

Minnesota Legalizes Crypto Custody Services for Banks, Credit Unions

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Minnesota-based banking institutions and credit unions are set to offer some crypto custody services beginning in August. On Friday, Governor Tim Walz signed House File (HF) 3709 into law, permitting “certain virtual-currency custody services to be offered and performed” by financial institutions in the US state. One of the original sponsors in the Minnesota House of Representatives, Bernie Perryman, said in March that the bill was intended to ensure that “Minnesota-based financial institutions are allowed to evolve alongside their customers and members rather than forcing Minnesotans to rely on unregulated,…

XRP, SOL Out, ETH Down 70%, Hyperliquid In

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Wall Street giant Goldman Sachs has made a notable shift in its crypto-related exchange-traded (ETF) fund positions, according to a recent filing submitted to the US Securities and Exchange Commission (SEC).  The update shows the firm exiting XRP- and Solana (SOL)-linked ETF exposure, while also trimming its Ethereum (ETH) ETF holdings. At the same time, the filing shows it opened a new position tied to one of the largest decentralized exchanges (DEXs). Goldman Sachs Exits XRP And Solana ETFs The story starts with Goldman’s XRP ETF exposure going into the…

Crypto Funds Post $1B in Outflows as Iran Tensions Weigh on Bitcoin, Ether

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Cryptocurrency investment products posted heavy outflows last week as investors reduced risk amid inflation fears and uncertainty over a lasting ceasefire between the United States and Iran. According to CoinShares’ latest weekly report, digital asset exchange-traded products (ETPs) recorded $1.07 billion in net outflows, ending a six-week streak of inflows. It marked the third-largest weekly outflow this year. Bitcoin (BTC) investment products accounted for the bulk of the withdrawals, with $982 million in outflows. Ether (ETH) products lost $249 million, their largest outflow since the week ending Jan. 30. Altcoin…

How To Time The Dogecoin Bottom And When The Price Will Reach $2

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Dogecoin’s next major move may depend less on hype and more on exhaustion. A new technical analysis from crypto analyst Cryptollica proposes that the leading meme coin is now trading at another cycle-bottom zone, and the weekly chart is showing the same kind of RSI washout and long compression that previously appeared before notable Dogecoin rallies. Dogecoin’s Fourth Cycle Bottom Comes Into View Dogecoin has spent the better part of the past year being written off. Sentiment has collapsed, price has compressed, and the crowd that once celebrated the meme…

What Will Stop ETH Price Crash?

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Ether (ETH) dropped sharply after rejection at $2,400 last week, dropping as low as $2,100 on Monday, indicating that bears are back “in control,” according to new analysis. Key takeaways: Ether drops 12% after rejection at $2,400 as bears regain control. Binance sell pressure and ETF outflows signal weak ETH demand. Analysts warn ETH/USD could fall toward $1,700 if support at $2,000 breaks. ETH bears selling aggressively Data from TradingView shows ETH price trading at $2,100, down 12% below its local high of $2,420 reached on May 6. On Sunday, ETH/USD…

Ripple’s Early Banking Ally Now Connected To X Money Expansion

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Ripple’s early push into banking partnerships may be finding new relevance in an unexpected place. One of its long-time collaborators has resurfaced at the center of X Money, the payments initiative tied to X’s broader ambition to become a global financial super app. What once served as a bridge for Ripple’s cross-border settlement network is now part of infrastructure aimed at scaling digital payments to a massive user base. How A Ripple-Linked Bank Became Part Of Elon Musk’s Payment Push A Ripple-linked banking partner from the company’s earliest expansion days…

Deploi Launches Direct Issuance Infrastructure for Private Credit on Polygon, Secures ISIN Allocations from Nasdaq CSD

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EUR 1 billion note programme planned for 2026 following completion of global issuance infrastructure by the end of Q3 2026. STOCKHOLM & RIGA — May 14, 2026 — Deploi, the institutional infrastructure layer for digital private credit, today announced the launch of its direct issuance framework on Polygon, following ISIN allocations from Nasdaq CSD for its inaugural UK Consumer Credit Notes. The first issuance, Series 2026/CON/001, enables regulated digital debt issuance for consumer credit assets, with individual notes of up to EUR 5 million. The issuance forms part of Deploi’s…

Why Ethereum Is About To Break The Bear Cycle And Rally To $8,000

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Ethereum’s price weakness may be approaching a decisive turning point, according to a new technical analysis comparing the current ETH structure with previous market cycles. The pattern that formed before the 2017 parabolic run and again before the 2020 breakout is now reappearing in 2026, and the long-term chart is showing a structure that could be the start of a phase that pushes its price to as high as $8,000. A Cycle That Has Played Out Twice Before Ethereum has spent the past several months doing what most of the…

South Korea’s KB Financial Completes Stablecoin Pilot for Offline Payments

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KB Financial Group, the parent company of South Korea’s largest bank, KB Kookmin, completed a stablecoin pilot for offline payments and cross-border remittances through the Kaia blockchain. KB tested the lifecycle of a South Korean won-denominated stablecoin, including issuance, merchant settlement and remittances, with Kaia, electronic payments company KG Inicis and fintech firm OpenAsset, local outlet Yonhap reported. The stablecoin pilot adds to the growing list of legacy financial institutions in South Korea experimenting with stablecoins. In late April, one of the nation’s largest credit card providers, Shinhan Card, signed…