Crypto Industry News & Market Trends

Senator Warren Urges SEC to Investigate Trump-Linked Crypto Firm WLFI

The post Senator Warren Urges SEC to Investigate Trump-Linked Crypto Firm WLFI appeared first on Coinpedia Fintech News　　Elizabeth Warren is pushing for a new SEC investigation into World Liberty Financial, the Trump family-linked crypto project, over allegations involving investor treatment, token sales, and a controversial $75 million crypto-backed loan.　　The move comes at a sensitive time for the crypto industry as U.S. lawmakers debate major digital asset legislation through the CLARITY Act.　　Warren Questions WLFI Token Structure　　In a letter sent to SEC Chair Paul Atkins on May 14, Warren asked regulators to examine whether World Liberty Financial may have misled investors or violated securities laws tied to its WLFI governance token.　　According to Warren, Trump family-affiliated entities are reportedly entitled to receive 75% of token sale proceeds after expenses, while investors who bought WLFI tokens faced strict lock-up rules preventing them from selling.　　The senator cited reports suggesting World Liberty Financial raised nearly $715 million through token sales, while the Trump family allegedly generated more than $1 billion in crypto-related wealth connected to the project.　　Warren argued that stronger investor protections are needed as Congress continues reviewing broader crypto market legislation.　　$75 Million Loan Sparks Bigger Concerns　　The biggest concern in Warren‘s letter centers around a reported

05-15Industry

XRP Whales Hold Biggest Position Since 2018 Ahead of $1.50

Tech　　XRP Whales Hold Biggest Position Since 2018 Ahead of $1.50　　XRP Whales Lock in Record Accumulation as Supply Tightens Ahead of $1.50 Test　　XRP is quietly moving into one of its most tightly held accumulation phases in years, as large holders continue to strengthen positions while price presses toward a key psychological level.　　On-chain data from Santiment shows , addresses holding at least 10 million XRP, now control about 45.83 billion XRP, valued at roughly $68.5 billion. This cohort alone accounts for around 68.5% of the total supply, the highest level of concentration seen since May 2018.　　On the price action front, XRP has been grinding higher and is currently , repeatedly pressing into the $1.50 zone that traders are watching as a potential breakout trigger.　　Source: CoinCodex　　While retail sentiment remains divided after months of consolidation, large holders appear to be positioning ahead of a broader move rather than chasing it.　　XRP Supply Is Tightening as Whales Quietly Load Up Before the Next Move　　The present level of whale accumulation usually points to conviction from long-term holders rather than short-term speculation.　　When supply becomes increasingly concentrated in large wallets, it often signals early positioning ahead of volatility or strong hands building during prolonged consolidation.　　reinforce this view. Ongoing XRP

05-15Industry

Boeing shares drop 5% after Trump says China would buy 200 jets

Effectively, Boeing wiped $9 billion from its market capitalization, falling from the two-month high of nearly $190 billion to $180.68 billion at the latest close.　　How President Xi might have led to President Trump losing $230,000 in a day　　Notably, the smaller order from China may also have a direct financial impact on President Donald Trump.　　Indeed, a May 14 filing disclosed thousands of stock trades executed by the commander-in-chiefs portfolio managers, including multiple purchases and sales of Boeing shares.　　The largest individual investment in BA was disclosed as taking place on February 10 and amounting to up to $5 million.　　Assuming the transaction was closer to the higher end of the range, the President may have seen the value of the position drop as much as $230,000 from $4.99 million on May 13 to $4.76 million 24 hours later.　　Still, it is equally possible the commander-in-chief was fully divested by March 17, as the upper range of the day‘s transactions’ reported size – $1 million – is the same as the lower bound of the biggest purchase.　　Between February 10 and March 17, BA stock moved 13.10% lower, meaning it could have turned the initial potential $1 million stake into $869,000.　　The post Boeing shares drop 5%

05-15Industry

Bitcoin Fails $82k Breakout Three Times As Short-Term Holders Sell

Bitcoin　　Bitcoin Fails $82k Breakout Three Times As Short-Term Holders Sell　　Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field.　　His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.　　With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jakes insights offer valuable perspectives that bridge the gap between complex technology and everyday usage.　　Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system

05-15Industry

Ethereum Price Prediction: February Accumulators Are Selling Into the Dip as ETH Drops 5.5%

Ethereum　　Ethereum Price Prediction: February Accumulators Are Selling Into the Dip as ETH Drops 5.5%Santiment recorded $74.58M in ETH realized profits, the highest in three weeks, as February accumulators sell into the current decline while still in profitFour straight days of ETF outflows totaled over $156M, with BlackRocks ETHA leading exits as institutional holders reduce exposure near $2,300Open interest fell 4.40% to $33.19B with longs absorbing $41.65M in 24h liquidations, double the $21.03M shorts lost in the same window　　Ethereum trades at $2,256 on May 15, down 5.5% in three days, as Santiment flags $74.58M in realized profits from wallets that bought during Februarys sub-$2,000 lows and are now distributing into the dip while they still can.　　ETH Daily Chart: Lower Wedge Rail Is the Only Thing Holding This Together　　ETH price is pressing the lower rail of the rising wedge near $2,236, the line that has defined ETHs recovery since the February low at $1,800. The 20 EMA at $2,300 and 50 EMA at $2,273 have both flipped back above price after acting as support through most of May. That is a near-term bearish shift and the first time both EMAs have been overhead simultaneously since early April.　　The MACD crossed below its signal

05-15Ethereum

European Central Bank rate hikes increasingly likely due to Iran war, says Nagel

Tech　　European Central Bank rate hikes increasingly likely due to Iran war, says Nagel　　The European Central Bank spent the better part of two years cutting rates. Now, one of its most influential voices is suggesting the next move might be in the opposite direction.　　Bundesbank President Joachim Nagel has warned that the ECB is increasingly likely to raise interest rates as the Iran war drives energy prices higher across Europe.　　The energy price problem, again　　ECB chief economist Philip Lane has echoed Nagels concern, stating that a global oil shock resulting from the Iran war may necessitate rate hikes to prevent energy-related inflation from bleeding into wages and broader price levels.　　The ECBs deposit rate has sat at 2% since June 2025, a level policymakers reached after months of gradual cuts designed to support a sluggish eurozone economy.　　Market futures have already started adjusting. Traders are now pricing in one to two 25-basis-point rate hikes through the remainder of 2026. Thats a meaningful shift from just weeks ago, when the consensus still leaned toward rates staying flat or even drifting lower.　　Caught between two bad options　　The ECB itself has acknowledged a shift toward “upside risks to inflation” alongside “downside risks to growth.”　　Nagel‘s public comments suggest he’s firmly

05-15Industry

IREN secures $3B as Microsoft and Nvidia AI deals reshape growth

IREN has closed a $3 billion convertible senior notes offering as it continues to fund its AI cloud expansion. IREN raised $3 billion through 1.00% convertible senior notes due in 2033.Net proceeds of about $2.96 billion will support capped calls, working capital and corporate needs.The raise follows IRENs Nvidia and Microsoft AI cloud deals, which raised funding demands.　　The notes carry a 1.00% coupon and mature in 2033. The deal included a $2.6 billion base offering and a fully exercised $400 million greenshoe option.　　The company said net proceeds came to about $2.96 billion after fees and expenses. IREN plans to use $201.3 million to fund capped call transactions, with the rest set aside for general corporate needs and working capital.　　Meanwhile, the capped call deals are tied to the notes and are expected to reduce potential dilution if the debt converts into shares. IREN said the capped call cap price starts at $110.30 per share, which is 100% above the $55.15 share price recorded on May 11.　　The company also said the notes have a 32.5% conversion premium and no investor put option, except in certain standard change-of-control cases. The offering was sold privately to qualified institutional buyers under Rule 144A.　　AI cloud deals

05-15Industry

XDC Network price outlook: Can bulls go higher as $0.037 breaks?

Tech　　XDC Network price outlook: Can bulls go higher as $0.037 breaks？XDC climbed over 10% to surpass $0.037 on May 15, reaching its highest level since early March.Catalysts include potential DTCC integration and Bitcoin rally.The technical picture highlights resistance at $0.040.　　XDC Network price climbed double digits to above $0.037 on May 15, with the uptick pushing the tokens value to its highest level since early March.　　XDC now hovers near the key resistance line formed since late January 2026, but can it go higher？　　XDC edges higher as market sentiment improves　　As noted, XDC rallied sharply on May 15, rising more than 10% intraday as buyers re-entered the market.　　The move lifted the token to levels not seen since early March, placing it directly beneath a horizontal supply zone near $0.040.　　Trading volumes rose alongside the advance, signalling conviction among participants who are testing whether the late-January resistance can be turned into support.　　But why did the XDC Network price surge in the past 24 hours？　　The XDC rally coincides with broader strength in the crypto market, led by Bitcoins reclaiming of the $80,000 mark.　　That recovery prompted many altcoins to retrace losses they incurred during a macro-driven sell-off this week, creating a risk-on backdrop that supported XDC.　　Beyond market-wide

05-15Industry

THORChain’s RUNE Token Plunges Double Digits After $10M Exploit, Trading Halt

In briefTHORChain suspended all trading after security researchers flagged a suspected multi-chain exploit allegedly affecting Bitcoin, Ethereum, BNB Smart Chain, and Base networks.Blockchain researcher ZachXBT and security firm PeckShield identified two suspected theft addresses linked to alleged losses exceeding $10 million.The protocol halted operations while investigating the potential security breach.　　THORChain halted trading operations Friday morning after blockchain security researchers identified a suspected exploit allegedly affecting more than $10 million across multiple blockchain networks.　　Blockchain researcher ZachXBT and security firm PeckShield traced the suspected breach to two main addresses—one on Bitcoin and another on EVM-compatible chains including Ethereum, BNB Smart Chain, and Base. The researchers‘ analysis prompted THORChain’s immediate defensive response.　　The protocol‘s team has not yet released technical details about the nature of the alleged vulnerability or confirmed the researchers’ loss estimates. THORChains native token RUNE is down 10% on the day to trade at $0.5229, per CoinGecko data.　　The suspected exploit occurred during a period of elevated activity on THORChain. The protocol processed $394 million in daily volume when hackers allegedly used it to move stolen funds from the KelpDAO breach between and networks.　　The protocol suspended its ThorFi lending operations in January 2025 amid insolvency allegations, implementing a 90-day restructuring to address

05-15Industry

Altcoins Gain Massive Momentum as XDC Network and Flare Prices Surge Amid Rising Bullish Sentiment

Tech　　Altcoins Gain Massive Momentum as XDC Network and Flare Prices Surge Amid Rising Bullish Sentiment　　The post Altcoins Gain Massive Momentum as XDC Network and Flare Prices Surge Amid Rising Bullish Sentiment appeared first on Coinpedia Fintech News　　The altcoin market continues to display growing strength as several mid-cap tokens attract fresh bullish momentum despite ongoing volatility across the broader crypto space. Among the strongest performers, XDC Network (XDC) and Flare (FLR) have witnessed notable price surges over the past 24 hours, supported by rising trading activity and improving market sentiment. The sharp recovery in these tokens suggests that traders are gradually shifting focus toward utility-driven altcoins as Bitcoin stabilizes near higher levels.　　With both XDC and FLR prices breaking above crucial resistance zones, market participants are now closely watching whether the latest rally can extend further in the coming sessions.　　XDC Network Price Breaks Out of Bearish Structure　　XDC Network price witnessed a strong bullish breakout after remaining under sustained bearish pressure for several months. The token surged more than 8% and climbed above the $0.036 level as buying momentum increased sharply alongside rising trading volume. The latest recovery appears significant because XDC has broken above a prolonged descending channel pattern that had restricted

05-15Industry

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