Category: News

XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High

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XRP’s futures open interest has climbed 23% so far in May, a sign that traders are betting bigger on the token even as its price trades roughly 6% below a recent high of $1.50. At $1.46 at the time of writing, XRP is down just nearly a percent in the last 24 hours — yet the money flowing into XRP investment products tells a different story. Institutional Appetite Keeps Growing Spot XRP exchange-traded funds recorded close to $26 million in inflows on Monday alone, the largest single-day figure since January…

Brickken and Magma partner to deliver Net Asset Value (NAV) oracle for tokenized real estate

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Built on Magma’s Digital Twin Token (DTT) and Brickken’s institutional tokenization infrastructure to close the data gap that has held tokenized real estate back. Built on Magma’s Digital Twin Token (DTT) and Brickken’s institutional tokenization infrastructure to close the data gap that has held tokenized real estate back Miami, May 13th, 2026 — Brickken, an institutional-grade tokenization infrastructure and Magma, the building data and Digital Twin Token (DTT) infrastructure announced a partnership to deliver a Net Asset Value (NAV) oracle for tokenized real estate. The partnership combines Magma’s verified building…

Trump Dismisses Inflation Pressure on Americans While April PPI Tops 6% Year-Over-Year – Bitcoin News

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Key Takeaways U.S. PPI jumped 6% year-over-year in April 2026, the biggest gain since December 2022, driven largely by energy costs. Gasoline prices climbed 15.6%, and energy goods rose 7.8%, both tied directly to Strait of Hormuz disruptions from the U.S.-Israel-Iran war. Trump told reporters that Americans’ financial hardships are “not even a little bit” a factor in his push for a nuclear deal with Iran. Gasoline Prices Jump 15.6% in April as Iran War Drives Worst U.S. Wholesale Inflation in 3 Years The Bureau of Labor Statistics released the…

Ethereum Open Interest Rises While Price Pulls Back: Short Squeeze Setup?

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Bitcoin holds ~$80K as strong PPI data pushes Fed rate cut hopes lower

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The latest market reaction follows April’s Producer Price Index (PPI), which rose 1.4%, significantly above economist forecasts of around 0.5%. The hotter-than-expected print has reinforced concerns that inflationary pressures in the U.S. economy remain sticky, reducing the likelihood of near-term monetary easing. Summary Bitcoin is trading around $80,000 as markets reassess inflation risks and shift toward a higher-for-longer interest rate outlook. Strong U.S. Producer Price Index (PPI) data for April showed a 1.4% increase versus 0.5% expectations, intensifying inflation concerns. Traders are now pricing over a 30% chance of a…

Japan’s Metaplanet Posts $725M Q1 Loss as Bitcoin Stack Reaches 40,177 BTC – Bitcoin News

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Key Takeaways Metaplanet Inc. grew its bitcoin holdings to 40,177 BTC ($3.2 billion) by March 31, 2026, solidifying its status as the premier corporate treasury for the asset outside the United States. The Tokyo-listed firm delivered a 2.8% BTC Yield in Q1 2026, effectively increasing the amount of bitcoin backing each share despite a broader market correction and non-cash valuation losses. Management confirmed its FY2026 forecast of ¥16,000 million ($101.39 million) in net sales and ¥11,400 million($72.24 million) in operating profit as it scales its “Digital Credit” strategy. Tokyo’s Metaplanet…

Metaplanet Q1 Operating Profit Rises as Bitcoin Loss Widens

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Tokyo-listed Metaplanet reported first-quarter operating income Wednesday of 2.27 billion Japanese yen (roughly $14.38 million) on net sales of about $19.5 million, implying an operating margin of 73.6% as surging Bitcoin option income more than tripled revenue from a year earlier, according to the company’s Q1 fiscal year 2026 earnings release. The strong operating performance contrasted with an ordinary loss of around $728 million, driven mainly by non-cash valuation losses as Bitcoin’s price declined during the period, and the company marked its expanding Bitcoin (BTC) holdings lower. The price of…

Ink Ecosystem Gains Institutional Liquidity via New Maple Finance Partnership – Bitcoin News

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Key Takeaways Maple integrated with Ink on May 13, 2026, to expand institutional yield products to layer two ( L2) users. The launch scales DeFi by giving 10 million Ink users access to Maple’s $3.8 billion AUM ecosystem. Users can soon access syrupUSDT on the Tydro protocol as Maple eyes further onchain fintech expansion. Onchain Yield Expansion: Maple Deploys syrupUSDT on OP Stack-Based Ink The move is designed to broaden access to the firm’s dollar-yield product, known as syrupUSDT, throughout the Ink decentralized finance ( DeFi) ecosystem, according to the…

Despite $82,000 Resistance, Bitcoin Prints Higher Lows Since April Bottom

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Key Takeaways Bitcoin held near $80,550 on May 13, 2026, as indicators stayed mostly neutral. Market data showed bitcoin volume hit $40.58B as resistance formed near $82,800. Charts suggest bitcoin must reclaim $81,500 or risk falling toward $77,000. Bitcoin Chart Outlook The daily bitcoin chart continued flashing a cautiously bullish tone despite repeated rejection near the $82,000 to $82,800 range. Bitcoin’s broader structure remained constructive after consistently printing higher lows from the April bottom around $70,480, while buyers repeatedly defended pullbacks into the upper-$70,000 region. Still, recent candles showed hesitation…

XRP Ledger Hits Record High In 10K+ Wallets: Santiment

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The XRP Ledger has reached a new high in the number of wallets holding at least 10,000 XRP, according to on-chain analytics firm Santiment, extending a growth trend that has been in place since mid-2024. The firm framed the rise as a long-term accumulation signal among larger holders, even as XRP has spent much of 2026 trading below prior highs. Santiment said its data shows 332,230 XRP Ledger wallets now hold at least 10,000 XRP, marking an all-time high for that cohort. The metric, shown in a chart shared by…