Tag Archives: crypto news

USDT On Ethereum Sees Largest Exchange Outflow Since February — Details

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According to the latest on-chain data, the Ethereum-native iteration of USDT, the world’s largest stablecoin, has just witnessed its largest exchange outflow in recent months. 1.29 Billion USDT Flow Out Of Crypto Exchanges In a May 9th post on the X platform, blockchain analytics firm Santiment revealed that USDT on the Ethereum network recently recorded… Continue reading USDT On Ethereum Sees Largest Exchange Outflow Since February — Details→

XRP Analyst Reveals The Question No One Asks And Why It’s Important

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XRP is drawing renewed attention in the crypto community after an analyst raised a key question about the driving force behind demand for the asset in a global settlement system. The discussion focuses on how XRP would function if the XRP Ledger (XRPL) were widely adopted for payments, and whether the cryptocurrency’s value comes from… Continue reading XRP Analyst Reveals The Question No One Asks And Why It’s Important→

Hyperliquid Policy Center Praises SEC Chair Atkins’ On-Chain Agenda Featuring 4 Key Proposals

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The Hyperliquid Policy Center (HPC) praised Securities and Exchange Commission (SEC) Chair Paul Atkins on Friday for what it described as an ambitious effort to improve clarity for on-chain markets.  SEC’s On-Chain Guidance Agenda Atkins’ remarks centered on four key areas where he said the Commission should provide more guidance on how regulatory principles translate… Continue reading Hyperliquid Policy Center Praises SEC Chair Atkins’ On-Chain Agenda Featuring 4 Key Proposals→

Binance Founder CZ Sees Major Changes Ahead For Crypto

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Binance founder Changpeng Zhao said crypto may be entering a new phase shaped by AI agents, tokenized real-world assets, stablecoin competition and a more favorable regulatory backdrop in the United States. Speaking on ARK Invest’s FYI podcast with Cathie Wood and Lorenzo Valente, CZ argued that the industry is moving faster than many traditional financial… Continue reading Binance Founder CZ Sees Major Changes Ahead For Crypto→

Barclays Turns Bearish On Coinbase Following Q1 Woes, Slashing Price Target To $107

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Coinbase (COIN) opened the quarter with a rough financial showing. After the exchange reported major losses in its first-quarter earnings, Barclays responded by cutting its price target for COIN, while Bank of America trimmed its target more modestly.  Two Wall Street Takes On Coinbase Barclays lowered its Coinbase price target to $107 from $140, maintaining… Continue reading Barclays Turns Bearish On Coinbase Following Q1 Woes, Slashing Price Target To $107→

JPMorgan Says Strategy Could Buy Up To $30B In Bitcoin This Year– TD Cowen Lifts Target To $395

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Strategy—formerly known as MicroStrategy—could meaningfully accelerate its Bitcoin-buying pace this year, according to analysts at JPMorgan.  The firm, led by well-known Bitcoin bull Michael Saylor, is already one of the largest publicly traded Bitcoin treasury companies, and JPMorgan believes its next move may be a larger, faster round of acquisitions. Strategy Could Outpace Past Bitcoin… Continue reading JPMorgan Says Strategy Could Buy Up To $30B In Bitcoin This Year– TD Cowen Lifts Target To $395→

Bitcoin At $82K, But Metrics Don’t Smile: Network Activity Down, Spot Demand Negative—What’s Next?

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On Wednesday, Bitcoin reached its highest level since January, crossing above the $82,000 threshold. However, one analyst has warned that the latest upswing may not be driven by genuine demand.  Instead, he describes it as a so-called “speculative trap” and points to signals suggesting there may be little underlying momentum before the market potentially retraces… Continue reading Bitcoin At $82K, But Metrics Don’t Smile: Network Activity Down, Spot Demand Negative—What’s Next?→

VanEck Forecast: Bitcoin Could Climb To $1,000,000 By 2031, Research Head Says

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Bitcoin is trading just above the $81,000 level as the market waits to see whether the next move will push higher or pull back. Against that backdrop, Matthew Siegel, head of digital asset research at VanEck, reiterated his bullish view on the leading cryptocurrency.  In a Wednesday interview with CNBC, Siegel again pointed to a… Continue reading VanEck Forecast: Bitcoin Could Climb To $1,000,000 By 2031, Research Head Says→

Bitcoin Watch: A Daily Close Above This Key Level Could Push BTC Toward $94,000

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Bitcoin (BTC) has staged a notable 21% recovery over the thirty-day timeframe, pushing the largest cryptocurrency in the market above the $81,000 level for the first time since January. Now, BTC is approaching one key resistance, which—if surpassed with a daily close—could open the door to another leg higher. Bitcoin Targets $89,000 And $94,000 Technical… Continue reading Bitcoin Watch: A Daily Close Above This Key Level Could Push BTC Toward $94,000→

Ripple CEO Warns: If CLARITY Act Markup Slips, Chances Fall ‘Precipitously’

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Days after the Senate Banking Committee released its draft language for the CLARITY Act, Ripple CEO Brad Garlinghouse delivered a blunt message about the road ahead for the delayed crypto market-structure bill.  Speaking Tuesday at CoinDesk’s Consensus Miami event, Garlinghouse said the next two weeks could prove decisive—not just for the momentum of the legislation,… Continue reading Ripple CEO Warns: If CLARITY Act Markup Slips, Chances Fall ‘Precipitously’→