crtypto & forex news

XRP has returned above $1.40, giving bulls a reason to think that the cryptocurrency is now finding a footing after weeks of weak price action.  However, crypto analyst ChartNerd believes the current setup needs to be viewed with realistic caution. In a recent analysis and outlook he posted on X, he argued that XRP’s weekly chart is beginning to show bullish signals, but the larger timeframe has not yet confirmed that the correction is over. XRP Weekly Chart Shows Signs Of Recovery ChartNerd’s bullish case starts with the weekly chart, where he pointed to several technical signals that usually appear near important turning points. According to him, XRP’s weekly RSI has fallen into historical cycle-low territory, the weekly MACD has formed a bullish golden cross, and the price is still holding around the 200-week EMA. He also noted that the monthly 50 EMA is still acting as support.  These are all bullish signals that are positive on the weekly timeframe. For instance, a golden c...

The crypto market has been struggling for months — declining prices, persistent uncertainty, and a macro environment that has made risk assets difficult to hold. In that context, the behavior of participants on the world’s largest exchange has quietly told a story that the price charts have not: when the going gets uncertain, even crypto investors reach for gold. A CryptoQuant analysis tracking Binance’s tokenized gold reserves has just quantified exactly how significant that shift has been. In early 2025, Binance held approximately 25,301 units of PAXG — the tokenized gold product that gives crypto participants direct exposure to physical gold prices. By early April 2026, that figure had skyrocketed to a peak of 133,334 units. It currently sits at approximately 112,385 in early May. From start to peak, that is a 344% increase in the amount of gold held on a crypto exchange. The timing of that accumulation is inseparable from what was happening in crypto markets during th...

Despite its persistent sideways price action, the attention around the Solana network is steadily building once again. The network continues to demonstrate its position as a hub for on-chain finance operations as stablecoin adoption accelerates across the leading blockchain. Stablecoin Adoption On The Solana Network Skyrockets The dynamic blockchain sector is booming, and major networks such as Solana are currently riding this phase of heightened activity and adoption. Amid this explosive period, an abrupt increase in user activity across the SOL network is changing the terrain of the evolving Solana ecosystem. A recent report from Leon Waidmann, a market expert and head of research at Lisk, shows a massive growth in stablecoin adoption across the SOL network. The number of daily active users engaging with stablecoins has increased, indicating a rising need for quick and affordable digital transactions. According to the expert’s report, stablecoin daily users on the network just ...

Analysts are linking the recent BTC price action to fluctuations in the Coinbase Premium, a metric that tracks Bitcoin’s demand by comparing prices on Coinbase with those on other major crypto exchanges. New reports show that the massive Bitcoin price rebound in April coincided with a rise in the Coinbase Premium. With the indicator now down, analysts’ sentiment is flipping bearish as they prepare for a potential correction.  What The Coinbase Premium Drop Means For The BTC Price Bitcoin’s Coinbase Premium turned negative this week for the first time since April, signaling a major shift in investor demand. The recent decline is being interpreted by analysts as a sign that demand from US-based investors is losing momentum after driving much of BTC’s price rally in early April.  Notably, the sharp drop in BTC’s Coinbase Premium coincided with declines in price toward the end of April and at the start of this month. However, the cryptocurrency has since reversed those losses and i...

The CLARITY Act has cleared one of its biggest political bottlenecks after the final rewards language in the bill was made public, giving the crypto industry a compromise it can live with and lawmakers a clearer path to move the broader market structure bill forward. The compromise matters especially for crypto exchange Coinbase, with Coinbase Chief Policy Officer Faryar Shirzad noting that it is time for the bill to move forward. The Rewards Fight Now Behind The Industry Coinbase officials have expressed support for the newest version of the final rewards text in the CLARITY Act that was recently made public. Coinbase CEO Brian Armstrong said on Friday, “Mark it up,” in response to a post made on X by Faryar Shirzad, Coinbase’s Chief Policy Officer.  Interestingly, the most important part of Shirzad’s statement is not just that the final rewards text is public, but that Coinbase is treating the issue as settled enough for the bill to move forward. Much of the debate...

Following its April rally, Bitcoin has settled into a tight range between $75,000 and $78,000. According to crypto analyst Kabuki, this movement may represent a familiar phase seen in previous market cycles that have preceded explosive gains. Base Formation Signals Familiar Cycle Pattern In an X post on May 2, Kabuki draws attention to a recurring structure observed in past bull cycles, specifically in 2021 and 2025. In these cases, Bitcoin spent a prolonged period moving sideways after an initial rally. This phase, often dismissed as indecisive, served as a base-formation zone where strong hands accumulated positions before the next leg up. Bitcoin stuck at $75K-$78K for a reason This isn't random. This is Bitcoin history repeating. If you know the past, you know the future: 2017: Base formed → Parabolic expansion 2021: Base formed → Parabolic expansion 2026: Same structure playing out NOW This… pic.twitter.com/YGSm0rbEVU — Kabuki (@kabukistory) May 2, 2026 ...

Ripple placed its treasury business at the center of a new XRP price prediction after promoting Ripple Treasury as a platform with full cash visibility with notable numbers. An analyst on X has since noted that those numbers, when run through a valuation model, point to an average price of at least $625 for XRP. Ripple Treasury Puts A Massive Banking Network In View During the SEC v. Ripple case, it surfaced that there were 1,700 NDAs between Ripple and other companies. These led to speculations among members of the XRP community as to the nature of these companies. However, Ripple has now publicly confirmed that its treasury platform is now connected to 13,000 banks and facilitates $12.5 trillion in payment volume.  The announcement, which was posted by Ripple on the social media platform X, described Ripple Treasury as the world’s most adaptable treasury platform, capable of delivering 100% cash visibility to institutions. Ripple acquired GTreasury in 2025 for $1 billion, ...