The Crypto Basic

#Shiba Inu could be gearing up for a massive price move that will surprise many after several years of boring price actions.
The analysis came from MMBTrader, who noted in a TradingView post that Shiba Inu (SHIB) is about to move. According to him, it is time for the meme coin to “wake up and pump hard.” But what is fueling this bold claim?
Key Points
Shiba Inu could be gearing up for a massive price move that will surprise many after several years of boring price actions.Shiba Inu has been stuck within a broader descending channel since making a lower high of $0.00001765 in May 2025.It entered a smaller wedge in October 2025 and continued to make lower highs and lower lows until a breakout on April 16.Boring accumulation phases have often preceded strong price pumps.
First Shiba Inu Bullish Signs
The bullish outlook comes after years of underwhelming price underperformance. SHIB has been on a downward trajectory since its 2021 peak near $0.0000885, a trend that has plagued the broader meme coin and altcoin market.
Shiba Inu has lost over 90% of its value and is currently trading near $0.00000635. However, MMBTrader emphasized that this trend is nearing its end, citing the first technical signs of bearish exhaustion.
The accompanying chart shows that Shiba Inu has been stuck within a broader descending channel on the daily timeframe since making a lower high of $0.00001765 in May 2025. Meanwhile, within this structure is a smaller descending wedge that further contained the token’s price.

It entered this smaller wedge in October 2025 and continued to make lower highs and lower lows until a breakout on April 16. Shiba Inu still trades above this smaller wedge, and the analyst views it as the first technically bullish sign.
Boring Accumulation Precedes a Strong Pump
The analyst added that boring accumulation phases have often preceded strong price pumps. The current phase has been prolonged, with the meme coin missing the previous bull phase that pushed major cryptocurrencies like Bitcoin, Ethereum, and XRP to new all-time highs.
This trend has tired out most holders, and according to the commentator, that is what market makers want. They use periods of prolonged accumulation to buy SHIB at lower prices, making outsized gains when the market rebounds.
As such, he suggests patience, stressing that the next phase of price expansion will be massive. He expects Shiba Inu to break out of all the descending channels to greater heights.
Possible Shiba Inu Price Targets
The chart shows that Shiba Inu targets an over 70% rise following the smaller channel breakout, taking its price past the larger channel’s resistance trendline around $0.00000861. Meanwhile, a sustained trend above this zone will kickstart a heavy pump.
According to the chart, the major target is $0.00002049, representing a 220% increase from the current market price. Before this price mark are micro supply zones at $0.0000130, $0.0000150, and $0.0000202.
In the meantime, on-chain data still show cautious sentiment among market participants. Open interest has declined by 4% to $61.5 million in the past 24 hours, suggesting that derivative interest is reducing. Trading volume has also dropped 13%, backing this narrative.
Additionally, eXchange netflow has turned positive, with 112 billion more tokens flowing into trading platforms in the past 24 hours. This suggests distribution rather than accumulation.

#CryptonewswithJack

#Cardano has started to show signs of strength after spending weeks consolidating below a descending resistance trendline.
Analyst “iMoneyTeam” highlighted this after Cardano (ADA) broke above the crucial neckline resistance on the 12-hour chart, following a series of decisive bullish candlesticks. The market watcher noted that the breakout has shifted short-term momentum, especially as the market continues to print higher lows across the structure.
Key Points
Cardano has broken above the crucial neckline resistance on the 12-hour chart.Recent price momentum suggests buyers have begun to regain control of the market.ADA has defended the broader support region around $0.24.The breakout above the descending trendline now places focus on several upside levels.A daily close below $0.236 would invalidate the bullish structure.
Cardano Breaks Bearish Bias
At the moment, ADA trades near $0.261, up 8.4% in the past seven days. Recent price momentum suggests buyers have begun to regain control of the market. Technical analysis suggests so, too, as ADA has defended the broader support region around $0.24, according to the accompanying chart.

Cardano made a swing low of $0.220 on February 6, and this level remains intact. Additionally, it marked a bullish change in character when it retested and broke above the prior lower high in late February. That combination signaled that selling pressure was fading even before the recent breakout emerged.
Cardano Breakout Opens Path for Higher Prices
Meanwhile, the breakout above the descending resistance trendline now places focus on several upside levels identified in the analysis. The first major area sits near $0.291, followed by resistance around $0.312. If momentum continues to build, the structure also points toward a 27% growth to $0.333.
Meanwhile, the chart highlights two separate entry regions. The first entry zone is at $0.267, near the current market price. The second point in the rebuy zone sits lower, near $0.249. This setup reflects a cautious approach in case short-term volatility pushes ADA back toward support, or it pulls back to retest the breakout before bullish continuation.
However, the analysis identifies the invalidation level near $0.236. A daily close below that region would weaken the current structure and suggest that bullish momentum has failed.
Spot Flow Suggests Accumulation
An accumulation effort in the past 24 hours has added optimism. Coinglass data show that exchange spot outflows have surpassed inflows, suggesting that holders are moving their ADA off platforms where they can be easily sold. Outflows stand at $37.7 million and inflows at $36 million.
Cardano’s long/short ratio also highlights a bullish bias among futures traders. The Binance ADA/USDT ratio by accounts stands at 2.165, indicating that for every account holding a short position, 2.165 others hold a long position.

The top trader long/short ratio on the Binance ADA/USDT pair also reflects this optimistic outlook. The largest traders on the platform maintain a long-to-short ratio of 1.74, suggesting they expect the coin to rally further.
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A verified analyst at CryptoQuant, known as IT Tech, is pushing back against growing claims that #Bitcoin has already bottomed.
He argues that the data still shows major resistance zones ahead of any true confirmation. The analyst said many traders are already calling a market bottom for Bitcoin, but on-chain data suggests the market still faces heavy overhead supply from underwater holders waiting to exit at break-even.
At the time of the analysis, Bitcoin was trading around $80,870.
Key Points
Bitcoin analyst IT Tech says BTC must reclaim and hold $88,880 to confirm a market bottom.On-chain data shows major resistance zones as underwater holders may sell at break-even levels.Bitcoin has rebounded over 37% since February’s $60K low, fueling fresh bottom-cycle claims.The Fear and Greed Index rose from 5 to 47, signaling improving sentiment across the crypto market.
The Bottom
Notably, supporters of the Bitcoin bottom narrative believe the $60,000 price level the asset reached in February marked the lowest point BTC could fall to during this cycle.
For context, that decline represented a massive 52.5% drawdown from Bitcoin’s all-time high of $126,200. Since then, no new lows have been recorded, and the premier cryptocurrency has rebounded by more than 37%.
Given this recovery, market watchers have increasingly argued that the February low marked the cycle bottom.
Three Major Resistance Zones Above Bitcoin
Meanwhile, according to IT Tech, three important holder cohorts are currently sitting above Bitcoin’s spot price:
3-month to 6-month realized price: $88,88012-month to 18-month realized price: $93,4506-month to 12-month realized price: $111,850
These realized price levels represent the average cost basis of different groups of holders who bought Bitcoin during previous market periods.
The analyst explained that these levels now act as psychological and technical resistance zones because many trapped investors may choose to sell once the price returns to their entry point.
The heaviest concentration sits in the 6-month to 12-month cohort at $111,850, roughly 29% above Bitcoin’s current price.

Why $88.88K Is Critical
IT Tech argued that Bitcoin must decisively reclaim $88,880 before any bottom confirmation becomes credible.
According to the analyst, simply touching the level would not be enough. Bitcoin would need to break above it and hold the level successfully rather than wick through it and fall back below.
The reasoning is that reclaiming $88,880 would push the most recent underwater cohort back into profit, reducing immediate sell pressure from traders looking to exit at break-even.
Until that happens, the analyst warned that rallies into the $85,000 to $88,000 range could face strong selling pressure from buyers who entered the market late between November 2025 and February 2026.
“Bottom Calls Are Narratives”
The analyst ended the thread by cautioning traders against relying purely on sentiment-driven bottom calls. Instead, the analyst emphasized that market structure and holder data remain the more important signals.
As summarized in the post:
“Bottom calls are narratives. $88,880 reclaimed and held is data.”
Notably, the market Fear and Greed Index has moved into the neutral zone at 47, compared to 5 in February. This suggests improving sentiment and reflects a stabilizing market compared to the earlier fear of further losses.
#CryptoNewss

Leading global investment bank Morgan Stanley is accelerating its entry into the crypto market by integrating digital asset trading into its E*Trade platform. 
Through the offering, Morgan Stanley is positioning itself as a strong competitor to established retail crypto platforms such as Coinbase and Robinhood. 
Key Points
Morgan Stanley is currently piloting crypto trading on its E*Trade platform.The pilot charges a 0.50% transaction fee, undercutting Coinbase and Robinhood, which charge around 0.60%.The bank plans to expand the service to all 8.6 million E*Trade users later this year.It is developing a full-scale crypto ecosystem, including trading, investment products, and custodial services.
Morgan Stanley Pilots Crypto Trading on Its E*Trade Platform 
Morgan Stanley is moving closer to a full-scale rollout of crypto trading on E*Trade, with the service already in an active pilot phase, according to Bloomberg. The initiative has been in development for over a year, and the current testing phase marks a critical step in the bank’s broader digital asset strategy.
Notably, the pilot introduces a highly competitive pricing model. The bank charges 0.50% per transaction, which undercuts rivals such as Coinbase, Robinhood, and Charles Schwab, whose fees range from 0.60% to 0.95%. Consequently, Morgan Stanley is positioning itself as a lower-cost alternative for retail crypto investors.
Following the pilot, the bank plans to expand the service to its entire base of 8.6 million E*Trade users later this year. In response to the development, Jed Finn, Morgan Stanley’s Head of Wealth Management, emphasized that the initiative goes beyond pricing. Instead, he framed it as part of a broader effort to reshape how clients access digital assets. 
Morgan Stanley Developing Comprehensive Crypto Ecosystem
Meanwhile, Morgan Stanley continues to build a comprehensive crypto ecosystem. For instance, the firm recently launched a spot Bitcoin exchange-traded fund (ETF), which debuted with a 0.14% fee and attracted $30.6 million in net inflows on its first day. Building on this momentum, the bank is now preparing similar ETF products tied to Ethereum and Solana.
n addition, Morgan Stanley is strengthening its infrastructure capabilities. It has applied for a national trust bank charter, which would allow it to directly custody digital assets rather than relying on third-party providers.
Furthermore, Bloomberg reports that the bank is exploring advanced crypto features. These include enabling customers to convert their crypto holdings into ETF shares without first selling the underlying assets. 
#CryptonewswithJack

#Bitcoin is entering what analysts describe as its first supercycle, with price action already following a structure that differs from past market cycles.
This narrative strengthened as Bitcoin (BTC) pushed past $81,000 in grand style, reclaiming levels last seen in late January. Renewed institutional activity via US Bitcoin spot ETFs and easing geopolitical tensions have played a major role in this rebound. 
Still, analysts believe the premier crypto asset could go way higher than its current price.
Key Points
Prominent analyst Plan C highlighted that Bitcoin is about to enter its first supercycle.This cycle started in November 2022 and could extend to early 2028, with Bitcoin targeting $250,000.The current cycle is showing signs of a mild retracement, aligning with earlier events in 2020 and 2021.The outlook refers to the February 6 lows near $60,000 as the current cycle’s base.
Bitcoin Supercycle Narrative
Specifically, prominent analyst Plan C highlighted that Bitcoin is about to enter its first supercycle. In his X post, he noted that the target for this extended bullish phase is an unprecedented price of $250,000.
The analyst places the start of this cycle in November 2022, when Bitcoin formed a bear-market low near $16,000. Weak market conditions and the FTX implosion, spurred by founder Sam Bankman-Fried’s reported fraudulent activity, adversely impacted Bitcoin, pushing it to those lows.
As these pressures dwindled and a new market phase began, BTC recovered. From around sub $16,000, it rallied to a peak of $126,200 in October 2025. Plan C highlighted this current all-time high as the first major top within the current cycle. 
After that rally, the asset corrected to roughly $60,000 in February 2026, which Plan C identifies as a mid-cycle bottom. His outlook aligns with Grayscale’s, referring to the February 6 lows as the current cycle’s base.
The analyst expects the next bull peak to be between late 2027 and early 2028, targeting $250,000. This move would mark a 207% growth from the current price of $81,350.
Current Cycle Aligns with Earlier Mild Correction Phases
Meanwhile, an accompanying chart shows that Bitcoin has experienced mild-cycle corrections, as it is in the current market phase. An example is the COVID-19 pandemic in 2020, which affected global markets, including digital assets. BTC dropped 57% before recovering to higher prices.

A similar event occurred in May 2021, during China’s ban on all mining activities. BTC dropped 55% from around $65,000 to $28,700 but again recovered to its November 2021 all-time high of $69,000.
These rapid declines created strong bearish narratives at the time, yet Bitcoin continued to move higher after each event. As such, the commentary suggests that these corrections did not break the long-term structure but instead reinforced it.
The current cycle is showing signs of a mild retracement, with BTC correcting 50% from last year’s high to the February lows before the current rebound. If it mirrors other scenarios, then it could rally further from here.
Bitcoin Outlook Reflects Structural Shift
Moreover, this cycle is different. Plan C noted that this would be Bitcoin’s first supercycle, marking a deviation from the typical 4-year cycle. 
Rather than ending after each peak, BTC would build on previous gains while absorbing volatility along the way. According to him, this cycle started in November 2022. If it ends around 2028, as he projected, it will mark six bull years for BTC, with a mild mid-cycle retracement this year.
Several industry leaders had predicted this, citing the changing tides in the crypto sector amid institutional adoption. Binance’s Changpeng Zhao and Bernstein are among those who called this extended bull market run.
#CryptoNewsFlash

#XRP is entering a critical phase after forming what analysts describe as its tightest Bollinger Bands squeeze in years.
On X, Bitcoin analyst Seth pointed out that XRP has just recorded its tightest Bollinger Bands compression in 2026, a technical pattern that reflects extremely low volatility. Historically, such conditions don’t last long and tend to resolve with a strong price move.
At the time of writing, XRP is trading around $1.40, down slightly by 0.14% on the day. However, the broader trend shows some stability, with the asset up 1% over the past week and 8% in the last month.
Key Points
XRP records its tightest Bollinger Bands squeeze in years, signaling a major volatility expansion ahead.The price holds near $1.40, with consolidation hinting at accumulation after a prolonged downtrend.Key levels include $1.25 support and $1.67 resistance, with higher targets if momentum builds.Analysts remain split, but compressed volatility suggests the next move could come with force.
Why This Setup Matters for XRP
A Bollinger Bands squeeze occurs when price volatility drops and the bands tighten around price action. This typically precedes a breakout, but the direction is not guaranteed. Traders often look for confirmation through volume spikes or key level breaks.
In XRP’s case, the chart shows the price consolidating tightly near the $1.39–$1.41 region after a prolonged downtrend from highs above $3 earlier in the cycle. This sideways movement suggests accumulation or indecision in the market.

Key Levels to Watch
From the chart structure, the immediate resistance includes:
Near $1.6677 (0.618 Fibonacci level)Around $2.00 (0.5 Fibonacci level)Higher targets at $2.40 and $2.90 if momentum builds
On the downside:
Support is forming around $1.25 (0.786 Fibonacci level)A breakdown below this could open the door toward $1.10
Volume profile data also shows heavy trading activity clustered around the current price zone, indicating this is a key decision area for market participants.
Bullish or Bearish?
The setup itself is neutral; it signals that a move is coming, but the direction remains unclear. Bulls will argue that XRP’s recent steady gains and consolidation point to accumulation before a breakout higher. Bears, on the other hand, may see the downtrend structure as still intact.
What’s clear is that XRP is approaching a phase of volatility expansion. Traders are watching closely for confirmation moves that could determine the next major trend.
As Seth noted, history suggests that when volatility compresses this tightly, the eventual move tends to come “with force.”
“Most Are Misreading XRP”
It is worth noting that many analysts in the XRP community lean toward a bullish interpretation.
Analyst ChiefraT recently argued for a $500 billion market cap for XRP, which would equate to an $8 price based on a cup-and-handle pattern.
Separately, veteran XRP investor Nepentia argued that XRP has transitioned into an accumulation phase since the price dropped 70% from its peak.
The analyst noted that XRP’s mid-2025 rally above $3 came as Binance exchange reserves peaked near 3.05 billion XRP, suggesting large holders sold at the top.
Since February 2026, reserves have stabilized around 2.75 billion XRP, with the price near $1.38. This suggests that selling pressure has eased and accumulation may be underway.
In other words, falling or stable reserves alongside rising prices can signal a bullish shift. The investor argues that early trends often go unnoticed, urging a focus on data over sentiment.
At the same time, other bullish XRP analysts like ChartNerd see the possibility of a price dip below $1 before any strong uptrend.
#Cryptonews

#Bitcoin pushed above the $80,000 mark today for the first time this year before pulling back to a critical support zone.
Meanwhile, at press time, Bitcoin is still above $80,000, gathering momentum to push higher. According to analysts, market structure and derivatives data now shape what comes next.
Key Points
Bitcoin briefly broke above $80K before pulling back to the key $78.4K support level.Over 118,000 traders were liquidated, with losses totaling $508.57 million in one day.Analysts say holding $78.4K is crucial, as it forms the base for any continued upside.If support holds, Bitcoin could target $85K; if not, the price may revisit the $75K zone.
Veteran Trader on Bitcoin $80K Breakout
In a tweet today, analyst Sykodelic, a trader with over seven years of experience, noted that Bitcoin returned to the $78,400 level shortly after the $80K run. He describes the $78,400 region as a major higher-timeframe (HTF) structure point.
According to him, this level represents the weekly candle body low of a bullish structure, and importantly, Bitcoin has reclaimed it for two consecutive weeks. That reclaim is now the foundation for any continuation higher.

Bitcoin Liquidations Shake the Market After $80K Push
The move to $80,000 triggered a wave of new long positions, many of which were quickly wiped out during the pullback. Specifically, over the past day, 118,800 traders were liquidated, losing $508.57 million, according to CoinGlass data.
This move follows a sharp drop in open interest, signaling forced liquidations. Sykodelic says this kind of move typically points to one of two scenarios.
Either the drop was a deliberate liquidity sweep to flush out late long traders before continuing upward, or the initial breakout itself was a trap to liquidate short sellers before a deeper move down.
This uncertainty leaves Bitcoin at a decision point.
What Needs to Happen Next
For the bullish trend to continue, the analyst highlights a few key signals.
First, Bitcoin must hold firmly above $78,400. Losing it could shift short-term momentum.
Second, the Coinbase premium, a measure of U.S. buying pressure, is close to flipping positive. A confirmed move above zero would suggest renewed institutional demand.
Third, spot market volume has remained steady throughout the recent rally. Continued strength here would support organic buying rather than leverage-driven moves.
Finally, open interest should begin to climb gradually. A slow increase suggests healthy positioning, while a rapid spike could signal overcrowded trades and increase the risk of another flush.
$85K in Target if Support Holds
Sykodelic maintains a bullish outlook, pointing to Bitcoin’s resilience despite multiple opportunities to show weakness.
In his view, the $73,000 to $75,000 range represents the likely downside floor if a deeper correction occurs.
However, as long as $78,400 holds, he expects Bitcoin to begin targeting higher resistance levels, including the daily 200 EMA and the weekly 50 EMA, which sit near $85,000.
Meanwhile, if the level fails, attention shifts back to $75,000 as the next major support zone.
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Former #Ripple CTO David Schwartz says it is now very hard to argue that Ripple holds any hidden tool capable of pushing the XRP price up dramatically.
He argued that after everything Ripple and XRP have been through over the years, it is very hard for anyone to still argue convincingly that such a tool exists but simply has not been used yet. 
Key Points
David Schwartz suggests it is now difficult to argue that Ripple has a way to shoot up the XRP price but has not yet used it.He says Ripple has openly explained its strategy and is not hiding any grand conspiracy.According to Elon Musk, while a few crypto assets have merit, most of them are scams.Schwartz agrees with this but says there is no agreement within the crypto community on which assets are genuine.
David Schwartz: Ripple Has No Way to Shoot up the XRP Price
Responding to community inquiries on X, Schwartz admitted that there may have been a time, early on, when someone could make a somewhat believable case that Ripple had a simple, hidden way to push XRP’s price up dramatically and was just holding off for the right moment. 

However, he said that given how much has changed since then, it is nearly impossible to believe that Ripple has been sitting on such a tool for this long without ever using it. 
The former Ripple CTO then noted that Ripple has been open about what it is doing, the reasoning behind it, and what it is ultimately trying to accomplish. He noted that while the company does not share every detail publicly, it is not hiding any “grand conspiracy,” at least none that he knows of.
This was important because it addressed a narrative that has persisted among some XRP holders, which suggested that Ripple has some switch to flip to push XRP’s price up. Schwartz essentially dismantles this idea by pointing out how unrealistic it would be to keep something like that hidden for so long.
The Prospect of Ripple Influencing XRP’s Price
Notably, he shared these thoughts while responding to community members during a conversation triggered by an Elon Musk comment.
Musk had said that while a few crypto assets have real value, most of them are scams. Responding, Schwartz noted that while most people always agree that most crypto assets are scams, there is no agreement among them on which crypto tokens actually have merit.
When the conversation moved to XRP’s price prospects, a community member asked why Ripple would not simply use its own products, such as Ripple Prime and Ripple Treasury, to carry out transactions in XRP, suggesting that this could push the token’s price past $100. 
This question led to Schwartz’s recent comments. According to him, there is no solid reason to believe Ripple has a direct way to control or boost XRP’s price like that, considering how long the firm has gone without actually doing that.
The Escrow Burn Idea
Responding to Schwartz, some in the community suggested that Ripple could actually help push up XRP’s price by announcing plans to burn the tokens sitting in its escrow accounts. For context, Ripple has 33 billion XRP in escrow.
Notably, Schwartz has responded to this idea before on several occasions, and each time he has called attention to what the Stellar Development Foundation did as a reference point. 
In November 2019, the SDF burned 55 billion XLM tokens, which was more than half of the token’s entire supply. Despite the scale of this burn, it did nothing for XLM’s price. The token kept following the broader market just as it had before, and it even moved alongside XRP. 
Schwartz has leveraged this instance consistently to make the point that burning Ripple’s escrowed XRP would not move the needle on price and would ultimately just be a waste of funds.
#CryptonewswithJack

For #XRP , several events that preceded a bullish price action earlier are recurring, sparking optimism for a similar price action when market conditions improve.
Prominent market commentator Cryptoinsightuk highlighted these in a recent XRP price analysis, providing context for a change of course from the recent negative price trend. The fourth-largest cryptocurrency by market cap has declined 3.8% since this week.
While sentiment remains fragile and price direction is uncertain, the analyst has identified indicators suggesting that XRP could rise to higher levels if history repeats.
Key Points
Despite ongoing price correction, several indicators suggest XRP could rise to higher levels if history repeats.One such indicator involves XRP holding above a bull flag on the weekly timeframe.Further adding to the bullish optimism is the weekly RSI bullish crossover.Additionally, this breakout has also come with a MACD crossover, as green histograms are gradually printing on the weekly timeframe.Coincidentally, Ripple CEO Brad Garlinghouse recently made the “lock in” comment, similar to a June 2025 prior to the bull flag breakout and RSI crossover.
XRP Bull Flag Still Intact
One indicator involves XRP holding above a bull flag on the weekly timeframe. This pattern began forming around the January 2025 peak of around $3.39, with prices fluctuating between its upper resistance and lower support.
However, whenever XRP breaks out from this structure, a strong bullish price action follows. An instance is the early July 2025 breakout, which led to its current all-time high of $3.66.
After this high, XRP entered a corrective phase, dropping back into the bull flag in January. The coin consolidated within this structure until it broke out last week, following a mild 2.7% growth. While this week has so far been negative for prices, XRP has somehow managed to maintain its trend above this flag pattern, keeping the prospect of an upside move alive.

Weekly RSI Crosses Bullish
Further adding to the bullish optimism is the weekly RSI bullish crossover. The RSI trendline at 36 crossed over its moving average line at 33.24 in mid-April, signaling that momentum is returning.
Cryptoinsightuk noted the last time this happened was in July 2025, when XRP broke out of the bull flag pattern to new all-time highs. This time, not only has the RSI crossed, but it is also much lower than the last time. According to the analyst, this gives the coin lots of room for growth when momentum turns positive.
Additionally, this breakout has also come with a MACD crossover, as green histograms are gradually printing on the weekly timeframe.
Ripple CEO’s “Lock In” Tweet Adds Spice
Coincidentally, Ripple CEO Brad Garlinghouse recently made the “lock in” comment, similar to a June 27, 2025, post, which came up before the bull flag breakout and RSI crossover. Specifically, on April 28, he responded to a post from OKX spotlighting XRP with two words: “lock in.”
These exact words also appeared in the June 2025 tweet, in which he disclosed that Ripple is dropping its cross-appeal in the famous case against the US SEC. Garlinghouse ended the announcement with “lock in.”
While this might be coincidental, Cryptoinsightuk stated that it adds spice to the XRP price outlook. Its alignment with the bull flag breakout and RSI crossover further bolsters optimism.
Moreover, growing demand also increases XRP’s appeal. Whales have aggressively bought the dip, acquiring 1.15 billion XRP in 11 days. A combination of these factors suggests that an uptrend might not be far off.
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As May 2026 begins, investors are closely tracking developments surrounding regulation, ETF activity, macroeconomic signals, and institutional adoption. 
Bitcoin continues to trade below the critical $80,000 level, while XRP, Ethereum, and Solana remain under key resistance zones. Meanwhile, lawmakers in Washington face mounting pressure to finalize major crypto legislation, particularly the CLARITY Act, as firms like Ripple push for clearer oversight. 
Key Points 
As May begins, U.S. crypto headlines are dominated by ETF flows, regulatory developments, and commentaries from notable stakeholders.Billionaire venture capitalist Tim Draper has proposed a third crypto-focused legislative act to enable U.S. businesses to operate directly on the Bitcoin network.Speculation about Jerome Powell’s potential exit as Fed Chair is eliciting mixed reactions across the crypto market.U.S. spot Bitcoin ETFs snapped a three-day outflow streak, recording $14.76 million in net inflows on April 30, while Ethereum ETFs extended their negative trend with $23.64 million in net outflows.Ripple CEO Brad Garlinghouse reaffirmed Ripple’s strong commitment to XRP, even as David Schwartz noted the absence of a catalyst for significant price appreciation.
Top 10 Crypto News in the US Today 
Here are the top 10 crypto stories making headlines in the United States today. 
1. Tim Draper Proposes New Bill to Help U.S. Businesses Operate on Bitcoin
As the United States advances toward passing the CLARITY Act, following the enactment of the GENIUS Act for stablecoins, venture capitalist Tim Draper has proposed a third comprehensive crypto framework.
According to Draper, the proposed legislation would allow U.S. businesses to conduct operations such as payments, taxes, bookkeeping, and auditing directly on the Bitcoin network. The framework could reduce reliance on traditional financial intermediaries while automating several accounting functions.
If lawmakers eventually adopt the proposal, Bitcoin could evolve beyond its role as a store of value and become part of the United States’ foundational economic infrastructure. 
2. Jerome Powell’s Expected Exit Sparks Reactions Across Crypto Industry
Another major development drawing attention in the United States is the expected departure of Jerome Powell as Federal Reserve Chair. 
Over the years, Powell built a reputation within the crypto industry for maintaining a cautiously pro-crypto stance that emphasized financial stability and regulatory oversight for stablecoins. He also strongly opposed the creation of a U.S. central bank digital currency (CBDC).
Although investors often criticized Powell for his interest-rate policies, many appreciated aspects of his regulatory approach, particularly his resistance to a digital dollar initiative.
Now that Kevin Warsh is expected to replace him this month, parts of the crypto community are celebrating the transition as a potential turning point. 
However, crypto analyst Benjamin Cowen warned that Powell’s exit could trigger unintended consequences, similar to what followed Gary Gensler’s departure, which coincided with a surge in meme coin launches and investor losses. 

3. Bitcoin ETFs Recover While Ethereum Funds Extend Outflow Streak
Investor sentiment appears to be diverging between Bitcoin and Ethereum investment products. 
On April 30, U.S. spot Bitcoin ETFs recorded combined net inflows of $14.76 million, ending a three-day streak of withdrawals. Major issuers such as BlackRock and Fidelity Investments led the inflows, while other issuers reported zero or negative flows.
In contrast, spot Ethereum ETFs recorded net outflows of $23.64 million, extending their losing streak to four consecutive trading sessions. 

4. Brad Garlinghouse Reaffirms Ripple’s Commitment to XRP
Speaking at XRP Las Vegas 2026, Ripple CEO Brad Garlinghouse reiterated that Ripple remains the party most invested in XRP’s long-term success. 
Garlinghouse dismissed suggestions that the company no longer prioritizes XRP. He emphasized that Ripple’s substantial XRP holdings directly tie its financial future to the asset’s performance.
In particular, the company benefits when XRP’s value rises and incurs losses if the token underperforms. For context, Ripple holds approximately 33.2 billion XRP in escrow and 5.1 billion in liquid reserves, bringing its total holdings to about 38.3 billion XRP.
At a current price of $1.37, this stake is valued at roughly $52.47 billion. However, when XRP peaked at $3.65 last year, Ripple’s total holdings would have been worth an estimated $139.79 billion, highlighting the significant impact of price fluctuations on the company’s portfolio. 
5. Ripple CTO Emeritus Downplays Claims Ripple Can Easily Push XRP Higher
Meanwhile, Ripple CTO Emeritus David Schwartz also made a comment about XRP today. During an online exchange, Schwartz argued that it is now difficult to claim Ripple still possesses a catalyst capable of driving XRP dramatically higher. 
He made the statement in response to a user who asked why Ripple had not leveraged products like Ripple Prime or Ripple Treasury to push XRP above $100.
In response, Schwartz explained that if Ripple truly had such a mechanism, the company would have already used it. 
He also dismissed predictions that XRP price could eventually reach $10,000, noting that if such a possibility existed, supporters would likely have already pushed the token to at least $20. Currently, XRP trades near $1.37, far below those projections.
6. April Crypto Hacks Hit Record High as Losses Reach $651 Million
April 2026 marked the worst month on record for crypto security breaches, as hacking incidents surged to unprecedented levels. Data from DefiLlama revealed that the industry recorded nearly 30 hacking incidents during the month.
At the same time, the blockchain security firm CertiK estimated confirmed losses at $651 million, including around $3.5 million from phishing attacks. 
Major incidents included the KelpDAO exploit worth $291 million, the Drift Protocol breach at $285 million, the Rhea Finance attack at $18 million, and the Grinex exploit totaling $16.2 million.

Furthermore, investigators linked most of these attacks to North Korean hacking groups. According to TRM Labs, North Korean actors accounted for roughly 75% of crypto hack-related losses in 2026, largely through the KelpDAO and Drift Protocol exploits.
7. Bitmine Stakes Over $500 Million Worth of Ethereum
Las Vegas-based Bitmine recently staked more than $508.4 million worth of Ethereum. Data from Arkham Intelligence showed that the company completed the staking activity through more than 10 separate transactions.
As a result, Bitmine now controls more than 4 million staked ETH, representing approximately 10.5% of all Ethereum currently locked in staking contracts.
The company has aggressively accumulated Ethereum since June 2025 and now holds roughly 5.078 million ETH, equal to 4.21% of the cryptocurrency’s total supply. Notably, Bitmine plans to continue buying until it controls 5% of Ethereum’s circulating supply. 
8. Senate Banking Committee Could Mark Up CLARITY Act This Month
After lawmakers failed to advance the CLARITY Act in April, new reports now suggest the Senate Banking Committee could begin the markup process this month.
According to crypto journalist Eleanor Terrett, lawmakers are working within a narrowing legislative window to move the bill forward. Meanwhile, Ji Kim stated that Congress may have only 13 weeks left to pass the legislation.
However, Terrett argued that the actual timeframe could shrink to roughly 10 working weeks due to congressional recesses. She also identified May 11 as the earliest possible date for the markup, provided lawmakers resolve disputes involving DeFi oversight, stablecoin yields, and ethics provisions in time. 
9. Elon Musk Says Most Cryptocurrencies Are Scams
During testimony in a federal lawsuit involving OpenAI, Elon Musk stated that most cryptocurrencies are scams. However, he acknowledged that a few digital assets still hold legitimate value.
According to New York Times reporter Mike Isaac, Musk made the remarks while responding to internal emails discussing whether OpenAI had once considered launching an ICO to fund its early development.
Although Musk has criticized much of the crypto industry, he continues to support Dogecoin and has previously promoted its use for payments for Tesla and SpaceX merchandise. 
10. Trump-Linked WLFI Drops After Governance Vote Approves 62 Billion Token Unlock
Investors are also monitoring the sharp decline of WLFI, the native token tied to Donald Trump-backed World Liberty Financial. Since reaching an all-time high of $0.46 in September 2025, the token has remained under bearish pressure. Specifically, the price has declined by 86.7% from its previous all-time high of $0.46. 
This week, bearish sentiment intensified after governance voting began on a proposal to unlock more than 62 billion WLFI tokens over five years. Although the proposal quickly reached quorum with 99.5% approval, investors responded by aggressively selling the token.
Blockchain analytics platform Santiment reported 15 whale transactions within four hours, contributing to the decline. Consequently, WLFI dropped from its April 28 peak of $0.074 to $0.05918, a 20% decline. While the token has since rebounded slightly to around $0.061, investors remain cautious.
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