Crypto Industry News & Market Trends

XRP News: Ripple Ex-CTO Shares Reality Check On XRP Ledgers 1500 TPS Speed

David Schwartz, former CTO of Ripple, sparked XRP news headlines as he provided a reality check on widely quoted performance claims of the XRP Ledger. He especially remarked on the networks theoretical 1,500 transactions per second (TPS) capacity.　　XRP News: Ripple CTO Emeritus Clears The Air On XRPL Speed　　He responded to Banaxchange media platform‘s questions regarding the XRP Ledger’s speed. His comments led to another wave of community discussions after previously dismissing ‘secret plan’ claims around Ripple.　　Schwartz clarified that the network‘s architecture doesn’t provide a strict limit to the number of transactions that can be submitted at a time.　　“There really is no limit to the number that could be handled at once because they could be distributed throughout the various nodes running the software and percolate to the validators over time,” he said.　　However, he stressed, this does not map to instant scale processing. With a hypothetical scenario, Schwartz mentioned that “someone dumping, say, a million transactions on the network at once” would take a long time before all the transactions could be confirmed.　　In the XRP news today, Schwartz also wrote about the frequently-quoted 1,500 TPS benchmark. He described it as a capability under ideal or “realistic conditions.” On the contrary, he

05-04Industry

Ripple XRP Price Zooms Above $1.40 on Rising Volume: Further Breakout Coming?

Ripple XRP pushed back above $1.40 during early Asia hours, trading near $1.41–$1.42, up roughly 0.50% in 24 hours from intraday lows around $1.37, as a sharp volume surge raised the immediate question of whether bulls can sustain the reclaim.　　The move matters precisely because $1.40 had capped multiple upside attempts in recent sessions, making its breach something traders will watch closely on any pullback. What happens at this level over the next 24–48 hours could define XRPs near-term trajectory.　　The breakout unfolded as Bitcoin climbed during the same window, lifting broader risk sentiment across crypto markets and providing a tailwind for altcoin positioning. Volume spiked approximately 13%, driving XRP from a low near $1.38 to a session high around $1.42, with price accelerating cleanly through the $1.3990 resistance zone in the final hour of the move.　　Binance futures data showed takers buying 372M XRP against 372.1M sold, suggesting real directional positioning rather than a low-liquidity drift higher.　　Source: Coinglass　　Price is currently consolidating near $1.4040–$1.4060, holding just above the breakout zone, but the structure of the move, not just the price level, is what sets up the analysis below.　　DISCOVER: Next Crypto to Explode in 2026　　Can Ripple XRP Price Reach $1.50 This Week？　　XRPs 24-hour price

05-04Industry

Elon Musk eyes $10 trillion net worth ahead of SpaceX IPO

Elon Musk is talking about a $10 trillion fortune while Wall Street is already making room for SpaceX before its expected IPO.　　Speaking on X, Elon answered Peter H. Diamandis, the founder of the XPrize Foundation, after Peter said Elon had crossed about $800 billion, or around 2.7% of the entire U.S. GDP. Elon wrote, “$10T or bust.” Peter tied the size of that wealth to John D. Rockefeller in 1913 and said, “Rockefeller had oil. Elon has the future.”　　The bigger story is the money chase around SpaceX, the private rocket and satellite company that could list at around $1.5 trillion.　　Nearly 200 institutional investors from major Wall Street funds recently traveled to Texas for a SpaceX pitch, some fund managers have already set aside money for SpaceX, deciding how much they can buy, and looking at what they may need to sell. Some are weighing cuts to big tech positions, including Tesla (TSLA), to free up cash.　　Retail traders are watching the Tesla (TSLA) side while all this plays out. On Stocktwits, sentiment around TSLA was listed as extremely bullish, though message volume was low. SpaceX sentiment sat at bearish, with extremely low chatter.　　One Stocktwits user asked, “For real tho, why doesnt

05-04Industry

Solana Price Prediction: $100 Curse Deepens as SOL/BTC Bleeds

Solana remains stuck below $100 after 88 straight days, marking its longest weak stretch since 2020. At the same time, the SOL/BTC chart shows Solana still losing strength against Bitcoin, with no confirmed reversal yet.　　SOL Bleeds Against Bitcoin as Chart Points to Possible Lower Support Test　　Solana continues to weaken against Bitcoin, according to the weekly SOL/BTC chart shared by Crypto Moe. The chart shows SOL/BTC moving lower inside a broad downtrend after failing to hold its 2024 strength.　　SOL currently trades near the lower part of the chart, while the blue curved resistance line still caps the broader structure. That line shows SOL losing relative strength against BTC since its previous high area. Each recovery attempt has stayed below that curve, keeping pressure on the pair.　　SOL/BTC Relative Weakness Chart. Source:　　The chart also marks a possible lower support area near the green zone. Crypto Moe pointed to that area with the note “maybe here,” suggesting SOL/BTC may need another drop before a stronger reaction starts. That zone sits below the current price and lines up with an earlier base from the 2023 consolidation range.　　This means SOL can still rise in dollar terms if Bitcoin moves higher. However, the chart suggests SOL may

05-04Industry

AVAX Stabilizes, SOL Fights Pressure, and BlockDAG’s Upcoming Layer-1 Casino Launch Fuels $1 Forecasts!

The crypto market rarely hands you clear signals, but right now, three names are flashing breakout potential. The Avalanche price prediction 2026 is flashing cautious optimism as AVAX holds firm at the $9 support level. The Solana price today tells a similar story, with SOL hovering near the critical $80 mark. Both coins are at make-or-break levels, and the next move could set the tone for the months ahead.　　Then there is BlockDAG, which is gaining popularity among those seeking the top crypto to buy for the next bull run. Its casino launching on May 7 switches on real, structural utility for BDAG, and analysts believe it will permanently rewire demand for the token, with forecasts pointing to a surge to $1 this year!　　This utility is accompanied by live infrastructure capable of 10,000+ TPS, over $1B transferred in on-chain value, and Tier-1 listings on the horizon. Heres a breakdown of which is the best pick for most portfolios today.　　Avalanche Price Prediction 2026: Key Levels to Watch 　　The Avalanche price prediction 2026 is heating up as AVAX is hovering around the $9 level, a key support where buyers are actively preventing further drops. The price is moving slowly upward within a tight

05-04Industry

Gold Price Forecast: XAU/USD accelerates reversal, bears aim for $4,500 area

XAU/USD maintains a bearish near-term bias from mid-April highs, with technical indicators on the 4-hour chart endorsing the negative view. A softer Relative Strength Index (RSI) near 36 and a Moving Average Convergence Divergence (MACD) reading, slipping into negative territory, hint that downside momentum is still dominating rebounds.　　Bears are aiming for the support area between the April 29 low, at $4,510, and the late March lows right below $4,500. Further down, the March 26 low at the $4,350 area, and the March 23 low near $4,100 emerge as the next likely target.　　Upside attempts, on the other hand, are likely to be tested at Fridays high of $4,660, ahead of the mentioned mid-April highs, below $4,900.　　Gold FAQs　　Gold has played a key role in human‘s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.　　Gold has an inverse correlation with the US

05-04Industry

Ripple CTO Emeritus on ETH Decision: Even 1% Chance Would Have Changed Everything

In a recent discussion on X, Ripple CTO Emeritus David Schwartz reflected on his early Ethereum exit. An X user had retold Schwartz‘s story of selling his ETH holdings for $1.05 each and that the Ripple CTO Emeritus wouldn’t have sold if he thought there was a 1% chance of ETH hitting $2,368.　　Schwartz famously sold a total of 40,000 ETH when the second largest cryptocurrency was trading at just $1.05. The Ripple CTO Emeritus initially bought the 40,000 ETH tokens at $0.311 and sold because he thought the token had reached its top. The proceeds were used to purchase a set of solar panels that he installed at his home in Oakland, California. Shortly after this, the ETH price started rising.　　In response to the X user, Schwartz responded that a 1% chance of his knowing the ETH price would rise might have made a difference and he would not have sold it for $1.05. To him, the odds of ETH reaching $2,368 werent just there.　　Crypto Regulation 2026: What Is Happening in Russia？　　Bitcoin Might Never Trade Below $60K Again　　If I had thought there was a 1% chance of it hitting $2,368, I would not have sold it for $1.05. Im still

05-04Industry

Bitcoin Price Hits $80K as Donald Trump’s Project Freedom Begins

Bitcoin price briefly moved above $80,000 on May 4, 2026, as traders reacted to renewed geopolitical developments around the Strait of Hormuz and continued institutional activity in the crypto market.　　Bitcoin was trading near $79,830 at 12:30 EAT, up about 1.74% over the past 24 hours. The asset reached an intraday high of about $80,596 after moving above the $80,000 psychological level, before easing slightly. Its 24-hour low stood near $78,073, with market capitalization around $1.6 trillion and daily trading volume near $34 billion.　　Trump said the process would begin Monday morning, Middle East time, and described the operation as a humanitarian effort. He also said U.S. representatives were holding positive discussions with Iran, while warning that interference with the ship movement would be dealt with forcefully.　　Bitcoin Reclaims $79,000 as Traders Watch $80K　　Bitcoins move above $79,000 placed the asset back near a key short-term breakout zone. Analysts have been watching the $80,000 level as a major resistance area after repeated attempts to clear it.　　The current market structure shows Bitcoin recovering from a sharp selloff earlier in the year. Price action formed a base around the $65,000 to $70,000 region before moving into a pattern of higher lows and higher highs through April

05-04Industry

Bitcoin drops to $79,000, ETH, SOL, DOGE sharply lower on renewed U.S.-Iran war tensions

Bitcoin dropped to $79,074 in late Asian hours Monday, reversing nearly $1,500 from a $80,594 intraday high that had marked the highest print since January 31.　　The pullback came as Irans Fars news agency claimed two missiles hit a U.S. patrol boat near Jask Island after the vessel allegedly ignored Iranian warnings to leave its territorial waters. Brent crude jumped more than 5% to trade above $113 a barrel before paring the gain.　　The U.S. denied the report shortly after and said no American ship had been struck. Oil and equity futures pared their initial moves on the denial, but bitcoin held its decline as traders priced in the fragility of the ceasefire that has held since early April.　　Other majors followed bitcoin lower from intraday highs but stayed positive on the day.　　Ether traded at $2,341, up 1.2% over 24 hours after touching $2,368 earlier. Solana sat at $84.08, up just 0.2% on the day after starting Monday at $85.14. XRP slipped to $1.40 and BNB to $623. Dogecoin held its gains better than most, up 2.3% on the day to $0.1102 with the weekly print still at 12.1%.　　Iran responded by announcing it had “redefined the control zone” in Hormuz, extending its claimed

05-04Industry

ECB: June leaning shapes Euro outlook – BNY

BNY‘s Bob Savage highlights that the European Central Bank (ECB) is now clearly leaning toward a June rate move, contrasting with the Bank of England’s (BoE) preference to wait for fuller confirmation. He sees this directional guidance as a break from the prior “policy in a good place” stance. Divergent paths for Norges Bank and Riksbank versus ECB expectations are likely to drive NOK–SEK and Euro-area rate pricing into year-end.　　June move bias and Nordic spillovers　　“Our take: The ECB and BOE decisions for April have largely set the tone for the rest of the continent. The ECB is clearly leaning toward a June move at this point, with President Christine Lagarde stating at the post-decision press conference that while the economy was not seen as facing second-round effects, she knew ”where the ECB is headed on interest rates.“”　　“The fact that there is even a direction in place moves squarely against the notion of the ”policy in a good place“ designation before the conflict. This also stands in contrast to BOE Governor Andrew Baileys notion that unchanged rates were ”a reasonable place“ for the BOE.”　　“Transposing such views onto Norges Bank and the Riksbank, which decide in the coming days, we believe a

05-04Industry

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