Institutional Demand Equaling 500% of Bitcoin Supply Could Push BTC to $96K

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Institutions are buying Bitcoin (BTC) at more than five times the rate that miners are producing it. According to Charles Edwards, founder of Capriole Investments, such a gap has historically preceded significant price gains. In a post on May 4, Edwards said that every past instance of this demand-to-supply imbalance delivered an average return of … Read more

JPM Coin Could Be Used by Consumers, Says JPMorgan Chase

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JPMorgan Chase CEO Jamie Dimon has said the newly announced digital currency, the “JPM Coin,” could one day be used by consumers. The digital token, currently being tested by the bank and its partners, is designed as a stablecoin pegged to the U.S. dollar. Dimon drew significant criticism from the cryptocurrency community in 2017 and … Read more

1.1 Billion XRP Moved in a Week: Are Ripple Whales Privy to News?

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Ripple’s cross-border token fell about 4% over the past week, and recent moves by large holders indicate a potential for a deeper decline. At the same time, growing institutional interest may offer some upside—let’s take a closer look. The Whales Back Off Prominent crypto analyst Ali Martinez reported that whales have sold or redistributed roughly … Read more

Trump Pardons BitMEX Cryptocurrency Exchange Cofounders

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U.S. President Donald Trump has pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed. CNBC reports that Trump also pardoned Nikola founder Trevor Milton. Earlier this year, the president granted a pardon to Silk Road creator Ross Ulbricht. U.S. President Donald Trump has granted pardons to three co-founders of the cryptocurrency exchange BitMEX: Arthur … Read more

Metacade (MCADE) Price Forecast Ahead of MEXC Global Listing

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At press time, Metacade (MCADE) was trading at $0.03406, up 21.86%. MCADE’s price has risen more than 49% since the end of its presale. The token has so far been listed on one decentralized exchange and two centralized exchanges. The price of MCADE has surged 21.86% while the broader crypto market slipped, with the global … Read more

Dell Stock Surges After AI-Driven Earnings Beat

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Dell Technologies has emerged as one of the biggest beneficiaries of the artificial intelligence boom, attracting significant investor interest after releasing an exceptionally strong earnings report. The stock’s rapid rise has also drawn political attention following public praise from President Donald Trump earlier in May. AI Server Demand Fuels Record Results Dell Technologies saw its … Read more

Bitcoin Recovers from $21,864 Lows but Volatility Looms

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Bitcoin (BTC) corrected to lows of $21,864 before aggressive buy-the-dip activity pushed the cryptocurrency back to around $22,800 Bitcoin bears drove the price down to $21,864 before buyers aggressively stepped in to secure a daily close near $22,800. Although an upward move toward the overhead resistance near $24,000 remains likely, another sharp pullback like yesterday’s … Read more

FOMO Returns: Why Bitcoin’s Rally Has Analysts Sounding Warnings

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Social sentiment around Bitcoin (BTC) has shifted to its most bullish level in four months after the cryptocurrency climbed past the $80,000 mark earlier this week. Data released by Santiment on May 7 shows this swing, reflecting a market that quickly moved from fear to optimism following weeks in which BTC’s price was pressured by … Read more

HYPE Surges 23% as Commodity Trading on Hyperliquid Climbs

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Key points HYPE has surged 23% in the past 24 hours and is now trading above $27. The rally follows a rise in commodities trading amid growing interest in safe-haven assets such as gold and silver. Commodities trading on Hyperliquid pushes HYPE past $27 HYPE, the native token of Hyperliquid’s decentralized exchange, is the best … Read more

Ripple Whales Hold Nearly 70% of XRP as Token Poised for Breakout

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XRP surged past $1.50 on Thursday as large holders increased their stakes and traders reacted to renewed momentum around the US Digital Asset Market Clarity Act (CLARITY Act). Data from Santiment indicates that the asset’s biggest holders now hold more XRP than at any point in the last eight years. Wallets containing at least 10 … Read more