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Author: James Wilson
Ripple’s native token (XRP) traded at $1.41 at press time, with 24-hour trading volume at $1.67 billion, based on crypto.news data. Summary XRP reclaimed $1.40 on rising volume, keeping traders focused on the key $1.50 breakout trigger. Analysts see bullish chart signals, but macro momentum still raises questions about a possible correction. XRP ETFs saw small outflows after three weeks of inflows totaling more than $82 million. The token gained 1.70% over the past day, while it remained down 0.30% over the past week. The move came after XRP briefly reclaimed the $1.40 level during early Asia trading. The push…
Coinbase has urged U.S. derivatives regulators to keep prediction markets under existing rules, filing a formal response as legal pressure builds around event-based contracts. Summary Coinbase has submitted a letter to the Commodity Futures Trading Commission arguing that prediction markets fall within existing regulatory authority. Chief Policy Officer Faryar Shirzad said event-based contracts resemble traditional futures and called for a principles-based framework. According to a letter submitted to the Commodity Futures Trading Commission and addressed to Secretary Christopher Kirkpatrick on April 30, Coinbase responded to the agency’s Advance Notice of Proposed Rulemaking on prediction markets, arguing that such products already…
Strategy has halted Bitcoin purchases for the week ahead of its first-quarter earnings release and rising scrutiny around its preferred stock dividend. Summary Strategy has paused Bitcoin purchases for the week ahead of its first quarter earnings report, with Michael Saylor confirming no buys in a Sunday update. The company last acquired 3,273 BTC for $255 million, taking total holdings to 818,334 BTC valued at roughly $63.7 billion. Analysts expect a $18.98 per share loss, while criticism has intensified around STRC’s 11.5% dividend and its long-term sustainability. According to a Sunday post on X by Michael Saylor, the company signaled…
New York Attorney General Letitia James has secured more than $5 million from crypto platform Uphold. Summary Uphold will pay over $5 million directly to customers affected by the failed CredEarn product. New York said CredEarn users were not told about risky lending behind advertised returns clearly. The settlement adds to New York’s wider enforcement push against crypto products and market operators. The settlement relates to Uphold’s promotion of CredEarn, a crypto savings product tied to Cred, LLC. The New York Attorney General’s office said Uphold promoted CredEarn between January 2019 and October 2020. The product was marketed to users…
BlackRock has urged the Office of the Comptroller of the Currency to revise parts of its proposed GENIUS Act rules. Summary BlackRock asked the OCC to remove a proposed cap on tokenized stablecoin reserve assets. The asset manager wants reserve rules based on liquidity, credit quality, and maturity risk. BlackRock’s BUIDL fund is gaining use as institutional collateral across crypto trading platforms. The request centers on tokenized reserve assets and the assets that stablecoin issuers may hold. BlackRock filed a comment letter asking the OCC to drop a proposed limit on tokenized reserve assets. The firm opposed a possible 20%…
Bitcoin developers and crypto advocates are again debating how the network should handle Satoshi Nakamoto’s early Bitcoin holdings. Summary Bitcoin advocates argue touching Satoshi’s coins could weaken the network’s core ownership promise for holders. Quantum risks have revived debate over early Bitcoin wallets and cryptographic security planning across markets. Developers support post-quantum research while rejecting forced action against dormant Satoshi-linked coins across Bitcoin network. The discussion has grown as quantum computing concerns raise questions about old Bitcoin addresses and future security. Alex Thorn, head of firmwide research at Galaxy Digital, said many Bitcoin developers and advocates agree that Satoshi’s original…
Three presales are sitting on the table, each promising the moon, but only one is actually printing receipts. That’s the situation traders are staring at right now with BlockchainFX (BFX), NOCtura (NOC), and IPO Genie (IPO). Each project has its own pitch, its own crowd, and its own timeline. So which name actually deserves a spot in a serious 2026 portfolio, and which ones are just along for the ride? Honestly, the answer keeps pointing back to one project. The best crypto presale chatter in May 2026 is dominated by BlockchainFX, the licensed super app that has already raised over…
Ripple CTO Emeritus David Schwartz has pushed back against claims that a non-disclosure agreement or “gag order” controls his public comments about Ripple and XRP. Summary David Schwartz denied gag order claims, saying no NDA forces him to mislead XRP holders publicly. He questioned $10,000 XRP forecasts, arguing market behavior does not support those claims today now. Ripple secrecy rumors remain disputed as Schwartz says no hidden plan exists to pump XRP. The dispute followed fresh community criticism over his recent comments on extreme XRP price targets. Schwartz responded after an XRP community member claimed he may be bound by…
Bitcoin failed to hold its weekend move near $79,000 as traders weighed the latest FOMC decision, U.S.-Iran tension, and mixed altcoin action. Summary Bitcoin rejected near $79,000 as traders stayed cautious after the Fed left rates unchanged again. Iran peace talks affected risk appetite, limiting Bitcoin’s follow-through despite support near $78,000 this week. XRP held its range while Algorand led altcoin gains with a strong daily advance. The wider crypto market stayed calm, while XRP held near $1.39 and Algorand led daily gains. Bitcoin traded near $78,402 after touching an intraday high of $78,963, according to live market data. The…
Coinbase says Senate negotiators have reached a deal on a disputed crypto bill provision tied to stablecoin rewards. Summary Coinbase says negotiators reached a rewards compromise, easing a key delay for the CLARITY Act. Banks secured limits on deposit-like yield, while crypto firms kept activity-based user rewards under rules. The Senate markup path now depends on committee support, regulatory details, and wider political backing. The agreement could help the CLARITY Act move toward a Senate markup after months of delay. According to a Reuters report, the debate centered on whether crypto firms and stablecoin issuers should offer rewards to customers.…