XRP became the most traded asset on South Korea’s Upbit exchange in the last seven days, pulling in $110 million in 24-hour volume and outpacing both top cryptos Bitcoin and Ethereum. The surge came alongside the biggest inflows into US XRP exchange-traded funds in four months, even as Bitcoin and Ethereum funds saw money flowing out. Related Reading CME And NASDAQ Signal Growing Institutional Interest CME Group and NASDAQ announced they will launch crypto index futures on June 8, covering Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, and Stellar Lumens in…
Category: Other Crypto News
What Will Trigger a BTC Price Rally?
Bitcoin’s (BTC) Thursday rally to $82,000, buoyed by the Senate Banking Committee’s advancement of the CLARITY Act, has stalled amid stiff overhead resistance and weakening ETF demand. Still, analysts said that BTC’s upward momentum may increase if key conditions are met. Key takeaways: BTC bulls must flip the $82,000-$84,000 into new support. Return of strong institutional demand via spot Bitcoin ETFs is required for the uptrend to continue. Bitcoin price must establish $82,000 as new support Data from TradingView showed BTC tested overhead resistance at $82,000, which has rejected the…
South Korea to Announce Tokenized Securities Laws in July
South Korea’s Financial Services Commission (FSC) plans to release detailed tokenized securities rules in July as the country prepares to bring blockchain-based securities under its capital markets framework in 2027. The measures are expected to include a roadmap for tokenizing stocks, bonds and money market funds, possible changes to over-the-counter trading limits and rules allowing some fractional investment products to pool similar underlying assets, the FSC announced on Friday at the second meeting of its public-private tokenized securities council, which was launched in March to design issuance, trading, infrastructure and…
Bitcoin Fails $82k Breakout Three Times As Short-Term Holders Sell
Bitcoin has failed three attempts to break above the $82,000 area, with short-term holders repeatedly selling into strength, according to a May 15 market brief from on-chain analyst Axel Adler Jr. The setup puts the market in a narrow technical and behavioral squeeze, where the 200-day simple moving average is acting as resistance while short-term holder profitability metrics remain stuck near break-even. Adler’s latest Bitcoin Morning Brief frames the current structure as more than a standard resistance test. Price is trapped between the realized cost basis of short-term holders and…
Bitcoin Will ‘Likely’ Break Support Next as $82,000 Stays Unflipped
Bitcoin (BTC) risks starting its “next downtrend” as bulls fail to break beyond $82,000, the latest analysis warns. Key points: Bitcoin traders are beginning to sway toward a support retest or even a new “downtrend” for BTC/USD. Current price behavior has retained overhead resistance, with bulls unable to push through $82,000. Rangebound crypto markets spark $330 million in liquidations over 24 hours. Trader: BTC price will “likely break below” support Bitcoin traders are increasingly split on where BTC/USD will go next, but calls for lower levels are growing. “For now,…
THORChain Halts Trading After ZachXBT Flags $10M Exploit
Decentralized liquidity protocol THORChain halted trading after blockchain investigator ZachXBT flagged a suspected exploit of more than $10 million. A THORChain alerts Telegram channel showed all trading and signing halted, with a global node pause extended until block 26191149, or roughly 12 hours and 42 minutes. The halt came shortly after ZachXBT said the protocol had likely been exploited across Bitcoin, Ethereum, BNB Chain and Base. A wallet labeled by Arkham as the THORChain exploiter showed $10.8 million in holdings, transferred across several smaller transactions in the 30 minutes before…
Can The Bullish ‘HYPE’ Sustain?
HYPE, the native token of decentralized exchange Hyperliquid, jumped more than 23% in the past 24 hours, climbing toward $47 on Friday to hit its highest level since October 2025. HYPE/USDT daily chart. Source: TradingView What is driving the sudden HYPE rally, and does the token have enough momentum to extend its bull run in the coming days? Key takeaways: This week’s multiple US spot HYPE ETF launches have strengthened the token’s institutional-demand narrative. Coinbase becoming Hyperliquid’s USDC treasury deployer boosts HYPE prices. HYPE ETF launches fuel institutional demand hopes…
OKX Reportedly Eyes Coinone Stake Amid South Korea Crypto Race
Global crypto exchange OKX is reportedly in talks with Korea Investment & Securities to take a major stake in Coinone, marking the latest shakeup in South Korea’s tightly regulated crypto exchange market. According to a Friday report by Korean media outlet Yonhap, the two firms are discussing plans to each acquire around 20% of Coinone, mainly through the issuance of new shares rather than the sale of existing stock, a structure that would inject fresh capital while initially leaving management control largely unchanged. In early April, Korean media reported that…
Strategy’s Main Bitcoin Acquisition Vehicle Sees Massive $1.5B Trading Explosion
Strategy now holds 818,869 Bitcoin, worth roughly $66 billion at current prices — a position that has become the largest corporate Bitcoin reserve anywhere in the world. That stockpile keeps growing, and the instrument fueling much of the buying just broke a record. Related Reading A New Kind Of Funding Tool STRC, the company’s Variable Rate Series A Perpetual Stretch Preferred Stock, recorded $1.53 billion in trading volume on Thursday — the highest single-day figure it has ever posted. Chairman Michael Saylor announced the milestone on social media, calling it…
Here Are The Levels To Watch Out For
XRP has been trading above $1.40 in recent days, with buyers still trying to push on momentum after the pullback from the May 10 high. The cryptocurrency’s price has not broken down, but it has also failed to confirm a stronger upside continuation. This leaves the 1-hour chart in an important position. However, the XRP count is still valid. The current wave count now depends on notable price levels, which include whether XRP can hold above support at $1.40 and avoid a break below the key $1.38 swing low. XRP…