Posts

Showing posts from May, 2025

Pi: Why 86M Tokens Withdrawn From OKX Has Price Surging

Image
The cryptocurrency market, like many financial markets, is in a rather uncertain position currently. There are a host of macroeconomic pressures and geopolitical tensions that could have a negative impact on price, meaning every small development is an important insight into investor behavior. This is true for the Pi Network, with 86 million of its native tokens being withdrawn and its price surging. The cryptocurrency seemingly burst onto the scene in 2025. Although there has been some negative pressure on the industry, the asset has been a bright spot. Moreover, its performance amid some interesting investor action has many believing that its best days are still ahead. Source: The Network Journal Also Read: Pi Coin Predicted To Reach $2.50; Find Out When Pi Coins leaving OKX in Bunches as Price Jumps More Than 11% It has been an interesting week for the cryptocurrency market. Bitcoin has bounced back, with the leading crypto often giving insight into where the industry could go next....

The $500M question: Is Hoskinson quietly profiting off unsold ADA?

Cardano (ADA) founder Charles Hoskinson recently denied rumors that he misappropriated over half a billion dollars worth of ADA from a community fund, yet doubts about his financial candor linger. Despite the fact that he’s promised a full audit of ​​Input Output Global (IOG) and even surrendered access to his social media to researchers in the wake of the scandal, skeptics are reinvigorated. By Tuesday afternoon, Hoskinson announced that he was taking a break from X, referring people to his lawyer. With few answers as to what happened with the “redemption scandal” and its 318 million ADA until auditors finish their report, a new theory about Hoskinson’s clandestine wealth is circulating on social media. With untold millions in personal wealth accessible with just a couple of mouse clicks, critics doubt Hoskinson’s claims to have sold so little ADA. Looking closely at the words of his repeated claims, they insinuate that he might have sold financial claims to ADA ...

Eightcap Partners with CoinDesk Indices to Launch Regulated Crypto Derivatives Based on the CoinDesk 20 Index

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Ethereum Flashes Golden Cross Signal – Can Bulls Push ETH To $3,000?

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Ripple will unlock 1 billion XRP on June 1, 2025 – Sell time?

Image
Ripple Labs is set to unlock 1 billion XRP, on or soon after June 1, 2025, currently worth over $2.3 billion at press time on May 19, drastically increasing the cryptocurrency’s circulating supply. While the sudden influx creates a risk that the token’s value will decrease, it is relatively likely that any resulting price movements will be limited and short-lived. Despite the unlock adding more XRP tokens into the market, Ripple has, so far, been controlling the impact by swiftly relocking most unleashed cryptocurrency for future escrow cycles and only using 30-40% for its network and other needs. In 2025, the risks have become even lower since the blockchain company changed the order of operations and has, for several consecutive months, been executing the re-locking before unlocking. Why June 2025 is likely to be volatile for the XRP price Nonetheless, June could be a more sensitive month than most. In 2024, it saw one of Ripple’s biggest token dumps on ...

Ethereum Headed For Crucial Encounter At $4,000 – Here’s Why

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

French government gives crypto entrepreneurs priority police line

French crypto entrepreneurs will receive priority access to emergency police services and heightened security by the country’s government following a meeting with the country’s Interior Minister today.  Interior Minister Bruno Retailleau reportedly met with crypto industry players this morning and promised them security briefings from elite units, home security checks, privileged access to an emergency police line, and more “anti-crypto asset laundering training” in the force.  In his statement today, Retailleau said, “These repeated kidnappings of professionals in the crypto sector will be fought with specific tools, both immediate and short-term, to prevent, dissuade and hinder in order to protect the industry.” The meeting was arranged this week to address the recent spate of crypto kidnappings. Just this week, the daughter and grandson of a crypto exchange CEO were almost kidnapped by four masked men on the streets of Paris in a blood...

Abu Dhabi Reveals $408M Investment in BlackRock's Spot Bitcoin ETF

Abu Dhabi’s Sovereign Wealth Fund has disclosed a $408 million investment in BlackRock’s spot Bitcoin ETF, according to a recent SEC filing. The filing has emerged as US President Donald Trump attends a state dinner at the UAE’s capital, at the presidential palace. JUST IN: Abu Dhabi's Sovereign Wealth Fund discloses $408 million investment in BlackRock's spot Bitcoin ETF. — Watcher.Guru (@WatcherGuru) May 15, 2025 Abu Dhabi is one of the more crypto-friendly cities in the Middle East. Back in February, Abu Dhabi’s sovereign wealth fund reported $436 million in Bitcoin ETF holdings. The latest filing indicates that the city’s BTC ETF holdings now sit at nearly $1 billion, with the additional 8,726,972 shares acquired. A host of nations have already sought to embrace the digital asset industry in a major way, with the US recently joining the party. Abu Dhabi has been in the crypto ring for some time now, but has ramped up its efforts as the cryptocurrency i...

Want to Meet the President? TRUMP Coin Trader Claims

Image
The cryptocurrency industry has several prominent figures across the globe involved. From Presidents to prominent business tycoons, the market has captured them all. The United States saw a major change in its administration this year. Just as Donald Trump took over as the 47th President of the country, a meme coin with his name began making the rounds. Thanks to this cryptocurrency, several members of the industry are set to meet the President. As the Presidential dinner is right around the corner, a holder of the TRUMP coin revealed that it took $1,200 to meet Trump. Also Read: President Trump Says India Has Offered Zero Tariffs on US Goods How TRUMP Coin Is Helping Investors Meet The President Source: NPR A total of 220 people are set to make an appearance at an exclusive dinner with Donald Trump. These individuals had the highest time-weighted holdings of the meme coin from April 23 to May 12. The dinner is being held in Potomac Falls, Virginia’s Trump National Gold Club. The ...

Analyst outlines XRP’s path to $5

Image
Over the last seven days, XRP has broken above the critical $2.50 zone, gaining 21.47% on the weekly chart to trade at $2.59 as of May 14. After trading lower through April and threatening to stabilize well below $2, the third most popular cryptocurrency has now entered a parallel ascending channel promising to take it toward the $3 to $5 zone in the coming months, according to an Analysis posted on May 13 to TradingView by Rocksorgate, a chart expert focusing on the XRP token. An ascending parallel channel is a technical Analysis (TA) chart pattern that occurs when an asset records a series of higher highs and lows that fall within the bounds set by two sloping lines marking the trend boundaries. It is also known as a rising channel or a channel up. $2.50 remains a critical support zone for the XRP May rally Additionally, the assessment provided by the prolific analyst confirms not only that the levels between $2.48 and $2.50 were critical but also that, pe...

Ethereum Prepares For $2,850 Rally, But Analysts Warn Of Potential Dip To These Levels

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...