The XRP Ledger moves into a new stage as a fresh XRPL update approaches
A new version of the XRPL is currently being developed, indicating a stronger commitment to improving the security of the XRP Ledger.
A new version of the XRPL is currently being developed, indicating a stronger commitment to improving the security of the XRP Ledger.
Bitcoin is confronting a pivotal challenge near the $75,000 level as liquidity continues to build. Bullish traders must protect the $74,400‑$74,900 zone and aim to recapture around $78,100 to spark a rebound, with $82,000 identified as a longer‑term target. A breach below the $74,400 support could open the path to steeper declines. The analysis was first published in COINTURK NEWS under the headline “BTC faces key test at 75,000 with $82,000 in sight.”
Ethereum is testing a buy order block around $2,000‑$2,070 after a pullback from May resistance. The nearest sell order block sits at $2,260‑$2,340, which acted as a barrier earlier in the month. A stronger rally would need to clear the broader resistance zone near $2,420‑$2,700. If the $2,000 block fails, the next green support lies between $1,770 and $1,890, followed by a deeper level at $1,550‑$1,650. On the 1‑hour chart, ETH broke a rising trendline and fell from the $2,130 area toward $2,030, marking a roughly 5% decline. The drop pushed price below the short‑term support line and toward a lower target near $2,002. Sellers remain dominant as price sits under the blue moving average, adding another resistance layer. Recovery now hinges on retaking the $2,130‑$2,159 zone. Buyers must first defend the $2,000‑$2,070 block to halt further downside. A decisive move above $2,130 would signal momentum returning and weaken the bearish setup. Failure to hold these levels could expose Ethereum to deeper support zones and extend the current bearish trend.
ONDO has risen as a prominent altcoin heading into the weekend, propelled by a surge of whale accumulation that coincided with a notable regulatory catalyst. The token was trading close to $0.41 in May.
Blockchain investigator ZachXBT has reported a potential security breach involving Polymarket, the world’s largest decentralized prediction market platform.
Approximately ten percent of real‑world asset liquidity is currently deployed in Ethereum‑based DeFi protocols. Billions of dollars in tokenized gold, commodities and equities remain inactive outside these platforms. Stringent compliance requirements and regulatory hurdles are the primary reasons limiting broader DeFi integration of real‑world assets. The analysis titled “Only 10 percent of RWA liquidity active in DeFi” was first published on COINTURK NEWS.
Cardano (ADA) rose 1% in the last 24 hours, regaining the $0.2500 level after a dip below it on Thursday. The coin has lagged over the past three weeks, failing to hold key support amid weakening retail demand. Despite the modest gain, it remains below recent highs of $0.2900. The price recovery is fragile and hinges on sustained buying pressure. Futures open interest increased slightly to $544 million, yet it stays well under the $612 million peak from May 10, indicating declining trader confidence. Retail interest appears tentative, matching the modest price bounce. Cardano’s team seeks approval for a $6 million proposal to integrate USDC, LayerZero, Pyth Network, and Fireblocks, requiring 23 million ADA. Co‑founder Charles Hoskinson urges community support, emphasizing its importance for keeping researchers on the platform. The 4‑hour chart stays bearish, trading near the 0‑day EMA at $0.2585, with momentum indicators pointing lower. RSI hovers around 48, close to neutral, while MACD remains negative, suggesting continued selling pressure. Immediate resistance sits at $0.2585 (50‑day EMA); a daily close above could push ADA toward $0.2795 and higher levels. On the downside, support at $0.2483 protects the price, but a break below $0.2400 may trigger a fall toward $0.2200.
Hong Kong’s HKDAP stablecoin completed its inaugural transfer test on the Ethereum network. The trial demonstrated that each HKDAP token is fully collateralized and can be redeemed without issue. This milestone confirms the digital currency’s operational readiness. Authorities expect the full deployment of HKDAP to begin in the second quarter of 2026. The rollout follows the successful test and backing verification. Further details were reported by COINTURK NEWS.
AI models need massive GPU power, but traditional clouds are costly and limited. Crypto‑based networks let anyone rent idle GPUs through open markets. Render (RNDR) focuses on GPU‑intensive rendering and inference, while Akash (AKT) offers a general‑purpose container cloud with growing GPU support. Both use native tokens to coordinate payments and incentives. Render runs on Solana with a task‑first marketplace; providers quote prices based on reputation and job specs. Akash is built on the Cosmos SDK, matching buyers and sellers via bid/ask orders that settle at a market‑clearing lease price. RNDR pays per verified result, while AKT streams lease payments in AKT during execution. RNDR is the payment unit for completed GPU jobs and rewards reliable operators. AKT secures the chain through staking, governs market parameters, and settles lease contracts. Render suits creators needing predictable rendering or batch inference; Akash fits containerized services, APIs, and flexible training pipelines. Both networks face verification challenges, token volatility, and blockchain congestion. Users should split large jobs, benchmark providers, and monitor on‑chain activity. Operators can earn RNDR or AKT by supplying compute but must manage reliability and regulatory exposure.
The euro fell to about 0.8575 GBP, extending losses from the prior session. Markets are awaiting Germany’s IFO Business Climate Index, a key barometer of Eurozone sentiment. The index is expected to stay muted due to weak industrial demand, high energy costs, and trade uncertainties. A poorer‑than‑expected reading could deepen the euro’s decline, signaling a longer slowdown. The pound is buoyed by expectations that the Bank of England will cut rates more cautiously than the ECB. Sticky UK inflation has reduced bets on aggressive easing. This policy divergence has driven the EUR/GBP pair higher in recent weeks. Traders see the pound as relatively stronger amid divergent monetary paths. The IFO release is a near‑term catalyst for the euro’s direction against the pound. A weak index would likely extend the bearish trend, while an unexpected upside could spark a short‑term rally. Longer‑term EUR/GBP movement will hinge on how data shapes ECB and BoE policies. Volatility around the announcement is expected. The IFO survey polls roughly 9,000 German firms on current conditions and a six‑month outlook. As Germany is the Eurozone’s largest economy, its sentiment influences euro valuation. A soft reading often fuels expectations of ECB rate cuts, pressuring the euro lower. The data can trigger rapid EUR/GBP swings within minutes of release.
Bitcoin World data shows Indian gold rates fell today, extending recent volatility. The drop aligns with a stronger US dollar and expectations of higher global interest rates. Spot prices vary by city and purity, but the overall direction is downward. This movement reflects broader macro‑economic pressures on safe‑haven assets. Higher interest rates typically weaken gold’s appeal as an inflation hedge. Lower prices may reduce short‑term costs for jewelry and investment purchases in India. However, the market stays sensitive to geopolitical events and upcoming economic data. Consumers should watch these signals before making decisions. The dip could be a buying opportunity for risk‑tolerant investors, but some may prefer to await further stability. Individual financial goals and risk appetite must guide any trade. Consulting a financial advisor and monitoring long‑term trends is advisable.
The past decade was driven by FOMO, with traders chasing bull rallies and fleeing bear markets. Since 2025 stablecoin market caps have repeatedly set new highs, showing demand for steady on‑chain yield. Users now view crypto assets through the same lens as traditional investments, prompting platforms to focus on long‑term allocation rather than speculation. HTX Earn builds a low‑risk yield foundation around major stablecoins (USDT, USDD, USDC, USDE, USAT) offering deep liquidity and transparent returns. Over 15 months the platform reported zero liquidity‑related incidents, backed by 13 years of operational expertise and dynamic risk controls. Continuous Merkle Tree Proof‑of‑Reserves disclosures further reinforce trust across market cycles. Three product matrices serve distinct users: Simple Earn for casual investors, Structured Products (e.g., Shark Fin) for advanced yield strategies, and On‑Chain Earn for direct protocol exposure. Flagship offerings include USDD Flexible (4‑6 % APY), USDT VIP Flexible (up to 9 % APY for high‑net‑worth clients), and $TRUMP Flexible, which couples flexible access with boosted yields. Subscribed users surpassed 600 000, a 66 % YoY rise, while total value subscribed grew 31 % YoY to multi‑billion‑dollar levels. Stablecoin balances rose 64 % in late‑2025, and Shark Fin phases approached $1 billion in subscriptions. HTX aims to cement crypto finance as a mature, transparent, and sustainable sector by expanding product innovation and institutional‑grade risk control.
President Trump warned a new strike could follow if no agreement is reached, as the war enters its third month. The dispute centers on Iran’s nuclear program, which Tehran refuses to abandon. Washington rejected Iran’s revised proposal for a long‑term truce and gradual reopening of the Strait of Hormuz. Oil prices stay above $100 per barrel as the chokepoint remains closed. Iran launched “Hormuz Safe,” a Bitcoin‑backed insurance service for cargo moving through the Persian Gulf and Strait of Hormuz. Payments in Bitcoin help Iran evade U.S. financial sanctions while offering coverage amid the blockade. The initiative seeks to secure shipping despite ongoing tensions, even as the broader crypto market feels pressure from rising oil prices. The conflict drives U.S. inflation to multi‑year highs, with PPI up 6% YoY and CPI at 3.8% in April. Market betting now favors a Fed rate hike, with about a 70% chance of no cuts this year. Higher rates are bearish for Bitcoin, yet the cryptocurrency trades near $77,000 despite recent volatility.
Singapore's central bank revoked Bsquared Technology's crypto payment license on Wednesday. This action ended the company's authorization to provide digital payment token services in the city.
Jane Street sold $192 million in $UST immediately before the collapse of Terra. The firm is accused of exploiting insider knowledge to exit the market ahead of the major crash. Critical data indicates that Jane Street generated $134 million in profits by utilizing early warning signals. The initial report detailing this significant sale of UST first appeared on COINTURK NEWS.
Sorted Wallet secured $4.4 million in a financing round led by Tether and Gnosis. The 10 MB application enables USDT and BTC transfers on basic mobile phones. The service aims to reach over 500,000 users across Africa and Asia. The news was reported by COINTURK NEWS.
Bittensor (TAO) increased by 2.1%, positioning it alongside Uniswap (UNI) as one of the top performers.
Nobitex moved more than $2.3 billion through Tron and BNB Chain since early 2023, drawing attention amid tightening Western sanctions on Iran. Blockchain analysts linked the same networks to World Liberty Financial, a crypto project backed by Donald Trump’s family, with support from Tron founder Justin Sun and Binance co‑founder Changpeng Zhao. Reuters found no proof that Trump or his relatives knew how Nobitex users employed the chains. Data from Arkham and Elliptic show Nobitex relied heavily on Tron and BNB Chain to bypass banking restrictions, while Iran’s central bank sent over $500 million of USDT via Tron between late 2024 and mid 2025. Some of those funds passed through Nobitex before conversion, and transactions tied to IRGC‑linked users were identified. Nobitex denied any direct government ties, claiming management was unaware of illicit activity. USDT’s central control allowed authorities to freeze $344 million linked to Iranian addresses on Tron in April 2026, yet unblacklisted wallets can still move freely on decentralized networks. The Reuters report also noted MGX’s use of World Liberty’s USD1 stablecoin in a Binance‑related deal and a 2026 lawsuit by Sun against World Liberty over alleged extortion. Both Tron and BNB Chain emphasized they cannot monitor every transaction, and the White House dismissed claims of a Trump‑Iran financial conflict as “absurd.”
South Carolina implemented significant pro-Bitcoin legislation, establishing the state as a crypto-friendly leader. The law strictly prohibits state agencies from accepting or testing any central bank digital currency (CBDC). Furthermore, it mandates tax neutrality for digital asset transactions and offers robust protections for miners. These measures shield proof-of-work operations from unfair zoning or taxation, significantly supporting the crypto ecosystem. Despite recent price dips, Bitcoin exhibits strong structural support and institutional interest. The $75,000 level remains a crucial technical and psychological support zone for the price. Sustained ETF inflows and accumulating legislative tailwinds provide structural demand. Therefore, the legislative momentum is anticipated to stabilize the medium-term price structure. Investment opportunities are emerging within Bitcoin's underlying infrastructure. Projects like Bitcoin Hyper are addressing Bitcoin’s core limitations, such as low throughput and slow finality. It integrates technologies like Solana Virtual Machine (SVM) to deliver fast, low-cost smart contract execution. This layer-two approach aims to expand Bitcoin’s programmability without sacrificing its security model.
Bitcoin traded modestly higher on May 20th at 8 a.m. ET, maintaining a level near the mid-$77,000 range. Traders are currently assessing mixed technical indicators alongside increasing resistance levels. Market participants are monitoring whether Bitcoin can regain higher resistance zones. This movement comes after the currency stabilized above a crucial support cluster located near $76,000. The price was noted at $77,440.
Institutional demand for XRP saw a noticeable decline during May. On-chain tracking data showed the accumulation model on Binance slipping back below zero. This decline signals that strong "whale" demand has softened, marking the end of positive accumulation seen in April. The index remaining near neutral suggests caution rather than a widespread institutional exit. Despite the slowdown in accumulated demand, large holders have been highly active. Between May 1 and May 15, these wallets withdrew massive amounts of XRP. Specifically, nearly 403 million XRP, valued at over $548 million, left the Binance exchange. This physical distribution contributes to the overall shift in market sentiment. The token's current price action reflects this shift toward bearish sentiment. XRP has struggled to rally past the critical supply level around $1.50. Over the past 30 days, the altcoin has subsequently dropped by more than 3%. Continued large-scale distribution may unfortunately lead to further price sell-offs.
A crypto trader recently earned millions through aggressive sports betting on Polymarket. One standout trade saw the investor profit nearly $1 million from betting on Manchester City in the FA Cup final. The initial purchase of "Yes" shares backed Man City proved highly profitable. This single wager accounted for a massive portion of the total gains. The trader’s wallet generated total profits exceeding $4.2 million over several months. On-chain data confirms the account executed over 4,300 prediction trades since its creation. While gains were significant, the wallet also recorded substantial losses from failed wagers. The account maintained a high trading volume of over $39 million. Separately, another blockchain trader achieved substantial wealth through long-term holding. An early Ethereum investor transformed a modest $120 initial investment into nearly $900,000. This profit was realized after holding 400 ETH for almost 11 years. This success demonstrated the power of enduring multiple crypto bear markets.