Latest Inflation Report: What It Could Mean For Bitcoin, Ethereum, And Solana Ahead
Bitcoin (BTC) dropping below the $80,000 mark is starting to undo some of the optimism that followed a major step forward for the industry. After the Senate Banking Committee markup for the CLARITY Act on Thursday, the market’s gains have since faded. Now, fresh inflation data is arriving with a potentially heavier hand, and analysts…
The Jane Street Agenda? Ethereum (ETH) Identified As Next Key Target By Experts
Market maker giant Jane Street is again drawing intense attention in crypto markets, with experts claiming the firm’s “next target” may now be Ethereum (ETH). The speculation comes after reports that Jane Street made several major adjustments to its positions during the week, following months of scrutiny tied to alleged trading manipulation connected to Bitcoin…
New CLARITY Act Text Is Out: Expert Claims XRP Looks Strong In The Details
A major piece of US crypto legislation is now in the spotlight with XRP at the center: the CLARITY Act draft text was released Monday night, totaling 309 pages and arriving ahead of a key Senate markup scheduled for Thursday. The bill has been delayed since January, but the appearance of the full draft has…
Top Analyst Confirms The Bearish Target: Bitcoin Could Ease Down To $40,000
The latest Bitcoin (BTC) rally is already showing signs of losing momentum, and several analysts warn that a larger correction may be closer. AlejandroBTC—posting on X (formerly Twitter)—called the current price behavior “a dead cat bounce,” suggesting the recent rebound may be near its end and that Bitcoin could be set up for a much…
USDT On Ethereum Sees Largest Exchange Outflow Since February — Details
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…
XRP Analyst Reveals The Question No One Asks And Why It’s Important
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…
Analyst Predicts Biggest Bitcoin Bull Trap Of The Cycle, Calls Out 50% Crash To $42,000
Bitcoin’s price recovery is not a new beginning: it is a familiar ending. That is the warning from a crypto analyst, who is of the notion that the current Bitcoin price action is playing out a bull trap the market has seen before and that the setup is pointing to a destination that sees the…
Barclays Turns Bearish On Coinbase Following Q1 Woes, Slashing Price Target To $107
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…
Hyperliquid Policy Center Praises SEC Chair Atkins’ On-Chain Agenda Featuring 4 Key Proposals
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…
The Crypto Industry Is Dying, That Is A Good Thing, Says Anthony Pompliano
Anthony Pompliano says most of the crypto industry is already dead and that the market has not fully admitted it yet. In a May 6 video posted on X, the Bitcoin investor and commentator argued that the sector’s long tail of unused chains, illiquid tokens and speculative projects is being cleared out as the parts…