Ethereum Whale Opens $90M ETH Long Bet Amid 40% Price Rally Potential

An Ethereum whale has opened a significant long position on Ether (ETH) worth $90.8 million, in what looks like a bold bet that the upside is not over for the top altcoin. Key takeaways: Ethereum whale opened a leveraged long position totaling $90.8 million. Ether price chart’s ascending triangle targets $3,230. Top traders open new…

CFTC Sues New York Over bid to Apply Gambling Laws to Prediction Markets

The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated prediction market platforms, escalating a growing clash over who has authority to oversee these products. In a complaint lodged in the US District Court for the Southern District of New…

XRP Risks 40% Dip Versus Bitcoin Despite Persistent ETF Inflows

XRP (XRP) has fallen about 5% against Bitcoin (BTC) over the past week, and the confirmation of a bearish pattern now points to the risk of more losses ahead. Key takeaways: XRP/BTC’s descending triangle pattern on the weekly chart points to a possible 40% drop toward 0.000011 BTC. Persistent institutional demand through US-based spot ETFs…

Mike Tyson, Tether CEO, Cathie Wood are among speakers at Trump’s ‘most exclusive’ crypto conference

A group of cryptocurrency executives, investors and public figures is set to speak Saturday at a private event hosted by U.S. President Donald Trump at his Mar-a-Lago club in Palm Beach, Florida. The event, billed as “the most exclusive conference in the world,” started with Bill Zanker, co-founder of TRUMP memecoin and was followed by…

XRP Eyes 30% Gains as Exchange Outflows Hit 35M Tokens in a Day

XRP (XRP) has rallied more than 30% in the last three months, and fresh technical and on-chain signals suggest the XRP/USD pair may have more upside ahead. XRP/USD daily chart. Source: TradingView Key takeaways: Exchange outflows, positive whale flows and strong ETF demand raise XRP’s bullish outlook. A wedge setup sees the price rising roughly…

Bitcoin traders eye $73K next as weekly trend line holds price hostage

Bitcoin market participants favored a short-term return to $73,000 as resistance stayed in place, with some analysis seeing even lower levels. Source link

Ethereum Risks 10% Dip Versus Bitcoin Despite ETH Staking Milestone

Ether (ETH) has fallen about 5.5% against Bitcoin (BTC) over the past week, and a bearish continuation setup now points to the risk of deeper losses ahead. Key takeaways: ETH/BTC’s bear flag pattern points to a possible 10% drop toward 0.026 BTC in May. Ethereum’s record 32.33% staking ratio is tightening liquid supply. Ether’s bear…

Brazil Bans 27 Prediction Platforms, Including Kalshi and Polymarket

Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket. The decision, announced Friday, follows a directive from the Ministry of Finance and enforcement by the National Telecommunications Agency (Anatel), according to state-owned news outlet Agência Brasil. Authorities claimed that such services fall outside Brazil’s current legal framework and therefore…

XRP Eyes 30% Gains as Exchange Outflows Hit 35M Tokens in a Day

XRP (XRP) has rallied more than 30% in the last three months, and fresh technical and on-chain signals suggest the XRP/USD pair may have more upside ahead. XRP/USD daily chart. Source: TradingView Key takeaways: Exchange outflows, positive whale flows and strong ETF demand raise XRP’s bullish outlook. A wedge setup sees the price rising roughly…

XRP Price Reclaims Key Level: Is a Breakout to $2.24 Next?

XRP’s (XRP) 28% rebound from its macro low at $1.12 pushed it above its realized price. In other words, the average XRP holder is no longer in the red. Is this enough fuel for the bulls to push the altcoin’s price to $2.24? Key takeaways: XRP holders are back in profit after reclaiming its realized…