XRP retail returns as whale gap hits 2024 low of 89.3% – Details
The XRP 30-day Whale vs. Retail Spread has dropped to 89.3%, the lowest level seen since 2024.
Whale-sized transfers still dominate Binance XRP outflows, accounting for around 94.6% of activity. Retail-sized transfers make up only about…
‘Go Time’ For Crypto Bill
The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could now move closer to becoming law after new stablecoin yield provisions were published, according to Coinbase chief legal officer Faryar…
DeFi’s Lose-Lose Problem on Freezing Stolen Funds
Decentralized finance (DeFi) protocols are stepping in to freeze stolen funds while centralized issuers face criticism for holding back.A recent intervention on Arbitrum saw attacker-linked assets frozen after a major exploit, while some…
Analyst Calls it a Buy Setup
Capital that would have stayed in crypto is rotating into AI, which may thin the competition for those who remain.
Crypto analyst and trader Flood made a candid post…
Ethereum Pulls $1B in Buy Volume on Binance as ETH Drops Below $2,300 Amid Fed Rate Hold
TLDR:
Ethereum taker buy volume surpassed $1B on Binance within one hour after ETH dropped below $2,300.
OKX recorded nearly $20M in ETH buying flows in the same one-hour window following the price decline.
The Federal…
Crypto Tops X’s Most-Muted List, and AI Slop May Be Why
Crypto has topped the list of most-muted topics on X since the platform rolled out its snooze feature, with spam and artificial intelligence content, or "AI slop," likely playing a major role.On Thursday, Nikita Bier, X’s head of product,…
Shinhan Card Partners with Solana for Stablecoin Payments, DeFi Infrastructure
One of South Korea’s largest credit card providers, Shinhan Card, signed a memorandum of understanding with the Solana Foundation to test stablecoin payment technology and explore the use of non-custodial wallets through a more advanced…
Crypto Hacks Hit $630M In April as DeFi Dominates Losses
The cryptocurrency industry has seen a sharp spike in hacks in April, with losses topping $600 million in the worst month for crypto hacks in more than a year.According to DeFiLlama, the total value hacked in April so far amounted to $629.7…
Bitcoin Price Action Favors Bears But Profit Taking Overwhelms Each Rally
Bitcoin (BTC) traders pushed the price to $77,400, but data suggests profit-taking may thwart the bull's goal of turning the $77,000 to $80,000 zone into support. Orderbook data from TRDR shows over $130 million in asks extending from…
Stablecoin Transfer Volume Drops 19% as Supply Rises
Stablecoin monthly transfer volume fell by nearly 20% over the past 30 days, even as the market’s total supply and holder count continued to rise. According to data from RWA.xyz, 30-day stablecoin transfer volume dropped 19.18% to $8.31…