Category: Other Crypto News

ECB Says Stablecoin Risks Strengthen Digital Euro Case

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European Central Bank (ECB) Executive Board member Isabel Schnabel said stablecoins could bring old financial-market vulnerabilities into tokenized finance, while strengthening the case for central banks to modernize public money through tools such as the digital euro and tokenized central bank settlement. In a Monday speech at the 2026 Bank of Korea International Conference on Central Banks and the Future of Money in Seoul, Schnabel compared stablecoins with money market funds, arguing that both can offer useful financial innovation while also creating risks around bank disintermediation, runs, fire sales and…

Bitcoin Stays Steered by Iran Nerves as BTC Price Drops Under $73,000

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Bitcoin (BTC) heads into June with new local lows as the US-Iran war drives crypto market nerves. Iran ceasefire hopes hang in the balance as military strikes return, but US President Donald Trump appears confident that “it will all work out well in the end.” BTC price weakness quickly returns after the May close, with $72,000 liquidity on the radar. US employment data could still deliver a classic BTC price tailwind. Bitcoin long-term holders are putting February’s $60,000 lows in doubt as a reliable floor. Sentiment research calls for a…

XRP To $1,000? Expert Lays Out Macro Domino Theory

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Jake Claver has outlined his macro thesis for why XRP could eventually reach $1,000, arguing in a May 31 interview with MissCrypto that the asset may benefit from a rare convergence of global liquidity stress, stablecoin regulation, tokenization and real-time settlement demand. Claver acknowledged that the target appears extreme when viewed through the usual market-cap framework. But he argued that crypto investors are applying the wrong lens to assets designed to support global settlement networks.“ I know that seems like a high price point for a lot of people,” Claver…

NYDIG Suggests $1.3B IBIT Trader Wanted Quick Exit

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A $1.26 billion block trade in BlackRock’s iShares Bitcoin Trust (IBIT) made last week was likely a whale making a quick exit on a directional trade, says Greg Cipolaro, the head of research at financial services company NYDIG. On Tuesday, an unknown trader sold 29.2 million shares of BlackRock’s IBIT on a dark pool, a private trading platform that institutions use to discreetly make large trades outside public markets, sparking speculation about who made the trade and why. Cipolaro said in a research note on Friday that several indicators were…

Sui Addresses Three Network Outages With Major Upgrade

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The Sui Foundation, the nonprofit organization behind the Sui Network, says it has made a “major upgrade” to address issues that caused three recent outages and left the blockchain down for more than 15 hours across two days. Sui experienced an outage on Thursday that lasted nearly six hours and two more on Friday. The first lasted eight hours and 25 minutes while the second lasted 43 minutes, according to the Sui network’s uptime dashboard. All systems are listed as operational as of Monday. The Sui Foundation said in a…

Crypto Exploit Losses Fall 90% in May to $68 Million

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Losses from exploits of crypto platforms fell to $68.3 million in May, down almost 90% from the $650 million lost in April, says crypto security company CertiK. “After a particularly bad April, May is now the third month of 2026 to record losses under [$100 million],” CertiK posted to X on Sunday.  Around $2.6 million of the total crypto stolen in May was due to phishing attacks, while roughly $9.4 million was recovered or returned, it added. Excluding the $1.5 billion hack on Bybit in February 2025, April saw the…

BNB Extended Price Target Says $780 Is Coming, But What About $1,000?

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BNB’s growth trajectory over the years has reflected the performance of the Binance crypto exchange, rising as the exchange grew. This has propelled it to become one of the largest cryptocurrencies by market cap, and with the market picking up again, expectations for where the BNB price might end up have begun to rear their heads again. BNB Bullish Triggers Are Lining up Again Crypto analyst Melikatrader94 on the TradingView website has outlined a trading plan for BNB, showing that the bullish factors are beginning to align one more. The…

Cardano Foundation Cancels Conference After Failed DAO Vote

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The Cardano Foundation has canceled its 2026 annual conference after its governance community shot down a revised proposal seeking to fund the event with treasury tokens. “Governance requires not only participation, but also a commitment to accept collective decisions. The Cardano community has spoken and we respect the outcome,” the foundation posted to X on Saturday after voting closed on Friday. The proposal sought to use 7.8 million Cardano (ADA) tokens worth $1.84 million to fund the event. 65.2% of votes were cast in favor of the proposal, which was…

Wintermute Enters Prediction Markets as Liquidity Provider

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Crypto liquidity provider and trading firm Wintermute says it is providing liquidity on prediction markets as the industry continues to expand. The firm, which handles $3.5 trillion in annual trading volume, said on Friday that it is extending its institutional trading to prediction markets and would provide “two-sided markets across event contracts on leading venues,” without specifying the platforms.  Jake Ostrovskis, head of OTC trading at Wintermute, said prediction markets have the “demand profile” of a major asset class but the liquidity profile of an “early-stage one.” “For these markets…

XRP Price Loses Ground As Bearish Pressure Quietly Builds

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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…