Crypto Industry News & Market Trends

More car buyers are shifting to EVs — but the reasons why are nuanced

Customers are continuing to shift to electric vehicles, but industry analysts say the picture is complicated.　　A rising share of car buyers traded their gas cars in for EVs in April, according to data Edmunds shared with CNBC. In January, 67.1% of buyers purchasing a new EV at dealerships traded in a gas car. By April, that climbed 7%, to 72.1%, according to the auto site.　　The data also showed that EV loyalty numbers are rising: In January, 26.2% of buyers traded in an older EV for a new EV and 34.3% traded for a used one. Those numbers rose, as of April 26, to 35.4% and 44.5%, respectively.　　These data points indicate EV interest is growing, despite the loss of federal and some state incentives that encouraged consumers to purchase the vehicles, and a pivot among many automakers back to internal combustion and hybrid vehicles.　　Analysts and industry insiders have cited rising fuel prices as a possible factor motivating these decisions. The national average gas prices has risen roughly 44% from the same period a year ago, according to AAA.　　Edmunds Senior Director of Insights Ivan Drury said its still a bit too early to tell if this is a strong, lasting shift.　　Oil and

05-21Industry

Polymarket wallets made $2.4M on Iran bets – Was insider trading involved?

Suspicion surrounding geopolitical prediction markets increasingly intensified after nine connected Polymarket wallets reportedly generated over $2.4 million from Iran war betting activity.　　Investigators already linked the cluster to more than 80 highly accurate positions with reported win rates near 98%.　　Source: X　　Those accounts allegedly predicted the exact timing of U.S. strikes, leadership developments, and eventual ceasefire announcements before broader public confirmation emerged.　　Bubblemaps Co-Founder and CEO Nicolas Vaiman later stated that statistical probability alone could not reasonably explain the trading precision behind those positions.　　Scrutiny also strengthened after authorities indicted a U.S. Army soldier last month for allegedly using classified intelligence to earn over $400,000 through Polymarket activity. Meanwhile, prediction market volume on military outcomes surpassed $1 billion during 2026.　　That progression increasingly exposed insider-information risks across anonymous geopolitical betting markets.　　Political betting rapidly reshapes prediction markets　　As insider-trading concerns increasingly spread across prediction markets, speculative capital also continued accelerating into geopolitical and regulatory event trading.　　TRM Labs data already showed monthly prediction market volume expanding from roughly $1.2 billion during early 2025 toward nearly $20 billion by early 2026.　　Source: TRM Labs　　That momentum strengthened further once traders increasingly treated military developments, political shifts, and crypto legislation like tradable financial assets.　　Polymarket users also currently assign nearly 64% odds for

05-21Industry

Double-Digit Gains From These 2 Altcoins as Bitcoin Reclaims $77K: Market Watch

Bitcoin　　Double-Digit Gains From These 2 Altcoins as Bitcoin Reclaims $77K: Market Watch　　45 minutes ago　　Bitcoin Ethereum News　　On the contrary, STABLE has dropped the most over the past 24 hours, followed by TON and XLM.　　;　　}　　function loadTrinityPlayer(targetWrapper, theme,extras=“”) {　　cleanupPlayer(targetWrapper); // Always clean first ✅　　targetWrapper.classList.add(‘played’);　　// Create script　　const scriptEl = document.createElement(“script”);　　scriptEl.setAttribute(“fetchpriority”, “high”);　　scriptEl.setAttribute(“charset”, “UTF-8”);　　const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/？themeAppearance=${theme}${extras}`);　　scriptURL.searchParams.set(“pageURL”, window.location.href1);　　scriptEl.src = scriptURL.toString();　　// Insert player　　const placeholder = targetWrapper.querySelector(“.add-before-this”);　　placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);　　}　　function getTheme() {　　return document.body.classList.contains(“dark”) ？ “dark” : “light”;　　}　　// Initial Load for Desktop　　if (window.innerWidth 768) {　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),　　});　　}　　}　　// Mobile Button Click　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),　　});　　}　　function reInitButton(container,html){　　container.innerHTML = + html;　　}　　// Theme switcher　　const destroyButton = document.getElementById(“checkbox”);　　if (destroyButton) {　　destroyButton.addEventListener(“click”, () = {　　setTimeout(() = {　　const theme = getTheme();　　if (window.innerWidth 768) {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if(desktopWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(desktopWrapper, theme,　　}else{　　reInitButton(desktopWrapper,‘’)　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘　　});　　}　　}　　} else {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if(mobileWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(mobileWrapper, theme,　　}else{　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,　　});　　}　　}　　}　　}, 100);　　});　　}　　})();　　Although bitcoin remains deep in the red on a weekly scale, the asset has managed to post a minor recovery in the past 24 hours and now sits above $77,000.　　Most larger-cap altcoins remain quite sluggish, with

05-21Industry

TON Price Prediction: $2.30 Rally Expected as Oversold Signals Flash Green

The Immediate Setup　　TON trades at $2.02 following a 4.06% surge in the past 24 hours, but beneath the surface momentum tells a different story. The stochastic oscillator has collapsed to 15.84 on the %K line, deep into oversold territory that historically precedes sharp reversals in trending assets. While RSI maintains neutral positioning at 55.41, this divergence between price stability and momentum exhaustion creates compelling entry conditions. The MACD histogram sits at zero, indicating momentum is coiling for the next directional move. Price action has consolidated perfectly at the 20-day simple moving average, forming an ideal launching platform above all major trend indicators except the short-term 7-day average.　　Critical Resistance and Support Framework　　The technical landscape reveals a well-defined roadmap for the anticipated move higher. Immediate resistance emerges at $2.10, where buyers must establish control before challenging the more significant $2.18 level that represents the gateway to larger gains. On the downside, support converges around $1.93 with additional backing from the 26-period exponential moving average at $1.91. Should selling pressure intensify, the 50-day simple moving average at $1.60 marks the critical long-term support that would determine whether this consolidation extends into a deeper correction. The current positioning right at the 20-day average creates

05-21Industry

Bitcoin Eyes $78K Resistance as Bitfinex Longs Hit 2.5-Year High, Trump Media Pulls ETF

A five-day slide for Bitcoin failed to deter leveraged traders on Bitfinex, where margin longs climbed to roughly 80,636 BTC, their highest reading since December 2023. The position size represents continued accumulation by deep-pocketed traders even as the asset has slumped 13% year-to-date and remains around 35% below its October all-time high near $126,000. Margin longs have actually grown about 10% since January, a counter-trend posture that historically expands during periods of capitulation. Bitcoin is now wrestling with the True Market Mean and short-term holder cost basis near $78,000, with the 200-day moving average overhead at roughly $81,000.　　Trump Media resistance starts at $78,460 before the heavier $80,476 and $82,905 zones. RSI at 47.8 leaves the asset in neutral-to-soft territory, and a bearish MACD signal alongside a sideways trend argues for caution near the upper band. A reclaim of $78,460 on rising volume would validate the bullish case toward $80,500; a daily close beneath $76,825 likely opens the path to the $75K handle and invalidates the recovery thesis.

05-21Industry

Phillies’ Don Mattingly Points To Kyle Schwarber Strikeouts As He Sits Out

The Philadelphia Phillies are enjoying a dramatic turnaround after a change at the helm, but it is being powered by a group of familiar faces.　　Since the Phillies replaced long-time manager Rob Thomson with new bench coach Don Mattingly, they have rattled off the best record in the National League. But on the surface, at least, Mattingly hasnt made many big changes and the roster has stayed largely the same in recent years.　　Even during this latest surge, the team‘s offense is still being powered by Kyle Schwarber, who was the team’s MVP Award candidate last year before signing a new contract to return.　　“Schwarber, even in his early 30s, has taken his offensive game to a whole new level. In 2025, Schwarber exploded with 56 home runs, a new career high,” Ian Miller wrote for Fox News. “Through the first 46 games of the 2026 season, he might be on his way to an even more impressive and historic number. Remarkably, Schwarbers already hit 20 home runs through his first 46 games. Through 162 games, that would put him on pace for 70 home runs in 2026.”　　Philadelphia Phillies Superstar Slugger Kyle Schwarber Removed From Lineup　　One key to Schwarbers production over the last

05-21Industry

U.S. Strategic Bitcoin Reserve Announcement Could Arrive Soon, Says White House Adviser

The post U.S. Strategic Bitcoin Reserve Announcement Could Arrive Soon, Says White House Adviser appeared first on Coinpedia Fintech News　　White House digital assets adviser Patrick Witt recently confirmed that an announcement regarding the Strategic Bitcoin Reserve is coming soon. The comments from Patrick Witt are now fueling fresh speculation that the U.S. government may be moving closer toward securing and managing one of the worlds largest sovereign Bitcoin holdings.　　White House Says Bitcoin Reserve Update Is Near　　Speaking at recent crypto industry events, Witt described the development as a “breakthrough” after the administration reportedly solved several legal and custody-related hurdles tied to safeguarding government-held digital assets.　　“Well have an announcement,” while declining to reveal full details publicly.　　The latest comments mark one of the clearest signals yet that the White House may finally be preparing operational details for the reserve after months of behind-the-scenes work.　　White House Has Been Hinting at the Bitcoin Reserve for Weeks　　Interestingly, this latest statement is not the first time Patrick Witt has teased an upcoming announcement regarding the U.S. Strategic Bitcoin Reserve.　　Back in late April, Witt said an official update would arrive “in the next few weeks,” explaining that the White House was still working through the legal structure and

05-21Industry

FXIFY Marks Three Years with $40M Paid Out and a $3M Giveaway

FXIFY, the first broker-backed prop firm, is marking its third anniversary. Three years in, FXIFY has delivered on the model it set out to build. With over $40 million paid out, 250,000 active traders worldwide, and a highest single payout of $117,000, FXIFY enters year four as one of the most trusted names in prop trading.　　FXIFY launched with a straightforward mission: build a prop firm that actually works for traders. Not built to collect challenge fees, but to pay traders who earn them. In an industry where many firms profit when traders fail, FXIFY is built around traders who succeed. The results since then have been unambiguous.　　David Bhidey, Co-Founder of FXIFY said: “We didn‘t guess what traders needed. We listened, and we built. Every product we’ve launched, every platform we‘ve added, every rule we’ve refined – it came from paying attention to the people using our firm every single day. Thats how we operate.”　　From day one, FXIFY set itself apart through infrastructure most prop firms cant replicate. The firm was the first in the industry to be broker-backed, and also the first to offer payouts on demand; a standard that has since become the benchmark others are measured against. Today,

05-21Industry

Donald Trump Gives the Fed 120 Days to Open Payment Access to Crypto Firms

Donald Trump, Source: The White HouseFederal Reserve Payment Account Review　　The order asks the Federal Reserve Board to complete a parallel review within 120 days. The evaluation covers whether uninsured depositories and non-bank firms, including crypto companies, can access Reserve Bank payment services.　　It also asks whether individual Federal Reserve Banks can act independently on such applications. That question echoes earlier disputes over master account access for crypto-focused banks like Custodia.　　Where existing law allows expanded access, the order asks the Fed to publish transparent application procedures. Complete applications must then receive a decision within 90 days.　　Industry Reaction　　Custodia Bank founder Caitlin Long welcomed the directive. She has long argued that the Federal Reserve has blocked legally-eligible institutions from the US payment system. Custodia lost a 2023 court fight to win master account approval. The Trump administration has also pushed earlier orders targeting crypto debanking.　　The directive lands as crypto firms continue to push for federal payment system access. Kraken became the first crypto firm to plug directly into the Fed earlier this year. Ripple and others remain in the application pipeline. The coming 90 to 180 days will show how quickly regulators translate the order into concrete rule changes.　　The post Donald Trump Gives the

05-21Industry

Ethereum Price Prediction: ETH Holds $2,100 as Whales Exit

Ethereum is holding the lower edge of its green Gaussian Channel, keeping the short-term bounce setup alive near $2,100. However, whale count data shows large ETH holders have been leaving or consolidating positions, putting the $2,000 support level back in focus.　　Ethereum Price Backtests Green Gaussian Channel as $2,100 Support Holds　　Ethereum is backtesting the green Gaussian Channel on the daily Bitstamp chart shared by Sky on X, with price holding near the lower channel area for several sessions.　　The ETH/USD chart shows Ethereum trading near $2,110 after pulling back from the recent range near $2,370. The latest candles sit close to the lower edge of the green Gaussian Channel, where the analyst marked a possible support reaction.　　ETH/USD Daily Gaussian Channel Chart. Source:　　The channel had already flipped from purple to green. That matters because the previous purple phase showed weaker trend conditions, while the green phase points to a possible recovery setup.　　However, ETH still needs to hold the current support area. The chart shows the lower channel band near $2,102, while price remains only slightly above it.　　A daily close below this zone would weaken the backtest and could bring the lower range near $2,025 back into focus.　　If Ethereum holds the channel, the first

05-21Ethereum

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