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Crypto Price Analysis May-23: ETH, XRP, ADA, SOL, and HYPE

Crypto Price Analysis May-23: ETH, XRP, ADA, SOL, and HYPE

This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail.Ethereum (ETH)Ethereum continued to consolidate this week and booked a 2% gain. While this appears modest, the longer ETH sits above the key support at $2,400, the higher the chance of a continued rally that can chal…

This Trader Bet $1B on Bitcoin, Says Asset Is Dying to Break Out Higher

This Trader Bet $1B on Bitcoin, Says Asset Is Dying to Break Out Higher

Bitcoin (BTC) has been on a roll in the past few days, surpassing its previous all-time high (ATH) and recording a new one above $111,900. While the crypto asset continues on this price trajectory, some traders are betting big on its next targets.One whale, the pseudonymous investor James Wynn, has …

Ledn ditches ETH, shifts to full custody model for Bitcoin loans

Ledn ditches ETH, shifts to full custody model for Bitcoin loans

Digital asset lender Ledn is transitioning to fully collateralized Bitcoin lending and discontinuing support for Ethereum, in moves designed to consolidate its BTC-focused business and further safeguard client assets against credit risks.In adopting a full custody structure for Bitcoin loans, Ledn …

XRP’s $5 Dream Ride Hinges On This One Chart Setup – Analyst

XRP’s $5 Dream Ride Hinges On This One Chart Setup – Analyst

Ripple’s token XRP jumped to $2.44 Thursday, climbing 1.80% in under three hours. Traders who thought the rally was over got a surprise. Suddenly, talk of a fresh push above the $3.4 barrier is back in play.Golden Cross SignalAccording to Dark Defender’s post on X, a golden cross formed on the weekl…

Washington moves on crypto: Stablecoin and blockchain bills signal regulatory momentum

Washington moves on crypto: Stablecoin and blockchain bills signal regulatory momentum

In this week’s episode of Byte-Sized Insight, on Decentralize with Cointelegraph, we break down a pivotal moment for US crypto legislation. In a 66–32 procedural vote on May 19, the US Senate advanced the GENIUS Act, a landmark bill aimed at establishing a comprehensive regulatory framework for stab…

Twice lucky? Cetus’ recovery plan on Sui mirrors a Solana blueprint

Twice lucky? Cetus’ recovery plan on Sui mirrors a Solana blueprint

The bounty offer to recover stolen funds from Sui-based decentralized exchange (DEX) Cetus closely resembles a successful strategy used by a Solana project three years ago.It turns out that Cetus shares the same development team as Crema Finance, a Solana-based DeFi project that suffered a $9-millio…

Alien Worlds to Hold AMA on X on May 23rd

Alien Worlds to Hold AMA on X on May 23rd

Alien Worlds will host an AMA on X on May 23rd at 15:00 UTC concerning the DTAP update, which permits Union DAO custodians to redirect up to 10 percent of their planet’s DTAP toward community projects. Refer to the official tweet by TLM: 📢 Join us Friday at 3PM UTC for an X Space on the new DTAP upd…

Hackers using fake Ledger Live app to steal seed phrases and drain crypto

Hackers using fake Ledger Live app to steal seed phrases and drain crypto

Cybercriminals are using fake Ledger Live apps to drain macOS users’ crypto through malware that steals seed phrases, a cybersecurity firm warns. The malware replaces the legitimate Ledger Live app on victims’ devices and then prompts the user to input their seed phrase through a phony pop-up messag…

OKX Launches xBTC on Aptos Blockchain to Enhance Bitcoin-Backed DeFi

OKX Launches xBTC on Aptos Blockchain to Enhance Bitcoin-Backed DeFi

OKX, a blockchain technology company that also operates one of the largest crypto exchanges globally, is launching xBTC, a wrapped version of bitcoin (BTC) on the layer-1 blockchain Aptos.According to a press release sent to CryptoPotato, the launch will give Aptos users access to wrapped BTC withou…

 Bitcoin 'looks exhausted' as next bear market yields $69K target

Bitcoin 'looks exhausted' as next bear market yields $69K target

Key points: Bitcoin all-time highs matter little to those seeing a BTC price correction as long overdue.Both the latest surge and the bull market itself are on borrowed time, traders say.Comparisons to previous price cycles remain in use despite the booming institutional investment scene.Bitcoin tr…

Dubai regulator clarifies real-world asset tokenization rules: Lawyer

Dubai regulator clarifies real-world asset tokenization rules: Lawyer

Newly updated guidelines from Dubai’s crypto regulator include provisions on real-world asset (RWA) tokenization and clarify rules for issuers. On May 19, Dubai’s Virtual Asset Regulatory Authority (VARA) released its updated Rulebook for virtual asset service providers (VASPs) operating in the regi…

AVAX Soars 10% as Avalanche Will Power FIFA’s Blockchain Project

AVAX Soars 10% as Avalanche Will Power FIFA’s Blockchain Project

The world’s biggest football organization, FIFA, has picked Avalanche to launch its own blockchain initiative.Dubbed FIFA Blockchain, it will operate as a Layer-1 network and will deliver digital collectibles and “next-generation fan engagement at a global scale.”The official announcement, which wen…