XRP is in a compression phase, and technical analysis indicates that the price action may be approaching a point where patience turns into panic before direction finally becomes clear. XRP’s chart setup is filled with uncertainty, but there’s one critical support level that could decide XRP’s next move and another price level it needs to overcome for bullish confirmation. Related Reading XRP’s Descending Broadening Wedge Pattern XRP’s price action has been on a downward path of lower highs since the beginning of the year, and this extends to a correction…
Category: Other Crypto News
CFTC Officials Who Questioned Prediction Markets Were Suspended: NYT
Senior officials at the Commodity Futures Trading Commission who raised concerns about prediction market companies were suspended, investigated and eventually pushed out of the agency. According to a New York Times investigation published Sunday, the officials had flagged concerns about Polymarket, Crypto.com and a Gemini affiliate, each with alleged business ties to the Trump family. Career staff worried that Crypto.com was not treating small bettors fairly, that Polymarket lacked adequate fraud protections and that Gemini’s affiliate had not completed the required regulatory review to operate. Despite those concerns, then-acting CFTC…
Polymarket seeks Japan entry, Harvard dumps entire ETH position: Hodler’s Digest, May 17 – 23
Prediction market Polymarket eyes Japan entry, Harvard sells off its Ethereum holdings, and other news: Hodler’s Digest Original
Ethereum Pullbacks Spark Accumulation Activity
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Why is Bitcoin Down Despite Pro-Crypto Kevin Warsh Becoming Fed Chair?
Bitcoin (BTC) fell to $74,190 on Saturday, its lowest level in more than a month, despite pro-crypto Kevin Warsh being sworn in as Federal Reserve chairman a day earlier. BTC/USD daily chart. Source: TradingView Key takeaways: Higher odds of a rate hike in 2026 are pressuring the Bitcoin market. Bitcoin has historically struggled during years marked by Federal Reserve leadership changes. Why is Bitcoin down despite a pro-crypto Fed chair? Bitcoin’s sell-off came as the 2-year US Treasury yield climbed to 4.14%, its highest level since February 2025. US 2-year…
XRP Confirms Negative Breakout With Price Headed For $1.14
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
StablR Exploit Drains $2.8M as Euro Stablecoin Depegs
An ongoing exploit is impacting StablR, resulting in the depeg of its Euro and USD stablecoins, while a compromised private key has been blamed, adding to a lengthening list of hacks and exploits this month. Blockchain security firm Blockaid reported on Sunday that its exploit detection system has identified an ongoing exploit on the StablR issuer, with around $2.8 million extracted so far. The suspected cause is a private key compromise of one owner in the minting multisignature account, which used a weak 1-of-3 threshold, stated Blockaid. The attacker added…
Trump Iran Deal Lifts Crypto Markets By $75 Billion
Cryptocurrency markets have recovered around $75 billion in total capitalization following a progress update on Saturday from US President Donald Trump on a peace agreement with Iran. Trump said a deal has been “largely negotiated” among the United States, Iran, and several Middle Eastern countries, in a post on Truth Social on Saturday. The countries included in the negotiations were Saudi Arabia, the United Arab Emirates, Qatar, Pakistan, Turkey, Egypt, Jordan and Bahrain. “An agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic…
The Vast Majority of Crypto Wrench Attacks Happen in France: Report
About 70% of all wrench attacks, physical attacks against crypto holders and their families, carried out in an attempt to steal digital assets, occur in France, according to Bitcoin journalist Joe Nakamoto. There have been 41 crypto-related kidnappings in France so far in 2026, Nakamoto said, or about one attack every two and a half days, he added. He attributed the rise in wrench attacks to know-your-customer data collection, which is stored in centralized servers that were compromised in several high-profile data leaks, including the 2020 leak of hardware wallet…
Analyst Highlights Ethereum ‘Kill Zone’ That Shows The Best Time To Buy
Ethereum (ETH) has been under heavy selling pressure in recent weeks, leaving many retail investors uncertain about when to enter the market. However, Lingrid, a TradingView crypto expert, has stepped in, pinpointing an area she calls a “Kill Zone,” which reveals the most ideal entry point for traders looking to buy ETH at the best possible price before the next major move higher. Analyst Flags Ethereum Kill Zone As Prime Buy Area On May 20, Lingrid shared a new TradingView analysis of the Ethereum price, outlining what she believes is…