Latest Crypto News & Market Updates

ETH stalls at $2.4K five times, SOL to rally to $120: Market Moves

Ethereum　　ETH stalls at $2.4K five times, SOL to rally to $120: Market Moves　　Bitcoin Ethereum News　　Ether price is still stuck below $2.4K: Here is why　　Ether (ETH) has tested the $2,400 resistance five times over the past month, with each breakout attempt losing momentum near that level. The stalled price action comes as spot Ether exchange-traded funds (ETFs) recorded just $500 million in inflows since March. Ether reserves on Binance exchange climbed by 400,000 ETH, and ETH futures traders also reduced leverage exposure over the past week.　　Spot Bitcoin ETFs attracted roughly $4.5 billion in net inflows since March, supporting BTCs move above $82,000. Ether ETFs recorded only $500 million in inflows during the same time period, leaving ETH without the same level of institutional buying pressure.　　That demand gap matters because Ether has repeatedly tested the same resistance zone without fresh spot demand entering the market.　　Solana ETF inflows rise as traders eye SOL rally to $120　　The spot Solana (SOL) exchange-traded funds (ETFs) recorded their strongest weekly performance since February, attracting $39.23 million in total net flows.　　The surge in capital inflows coincided with SOL futures open interest rising by $1.5 billion in May, signaling a sharp increase in trader positioning across the derivatives markets.　　The

05-16Ethereum

Ethereum Price Lags Despite Record Staking Levels: What Are Investors Missing?

Sebastians journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies.　　As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastians contributions quickly gained recognition, and he became a trusted voice in the online crypto community.　　To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology.　　Sebastians passion for finance and writing is evident

05-16Ethereum

Saudi Arabia bets on tokenization for wealth

Saudi Arabia is pushing to tokenize its multi-trillion economy to protect national wealth from global shocks.Saudi Arabia is advancing tokenization of energy, real estate and capital markets under its Vision 2030 framework.The kingdoms digital economy reached SAR495 billion in 2025, equal to 15% of GDP, per official data.PIF Governor Yasir Al-Rumayyan stated the fund measures returns in decades, not quarters, signalling long-term commitment.　　Vision 2030 drives on-chain asset strategy　　Saudi Arabias Public Investment Fund, which manages roughly $1 trillion in assets, approved its 2026-2030 strategy in April, with tokenization of sovereign and strategic assets forming a central pillar of its economic diversification drive.　　Open World launched Saudi Arabias first licensed RWA Tokenization Center of Excellence in Al Khobar in January 2026, targeting energy infrastructure, real estate and carbon credit tokenization. The centre operates under Saudi regulatory and data sovereignty requirements, with pilot projects set for mid-2026.　　“This initiative aligns perfectly with Vision 2030s goal to develop our financial sector and diversify our economy beyond traditional energy exports,” Open World said in its launch statement.　　The kingdom recorded more than 4,000 commercial blockchain company registrations in 2025, a 51% year-over-year increase. Saudi Arabia now hosts approximately 3 million active crypto investors and recorded $48 billion in

05-16Industry

Strive (ASST) Jumps 5.8% After Unveiling Daily Dividends, Clearing Debt

Strive, Inc. (NASDAQ: ASST) saw its stock surge 5.8% on Thursday, closing at $17.70, after the company announced it will become the first public firm to pay daily dividends on its preferred stock. The move, combined with the elimination of all debt in Q1 2026, marks a significant shift for the Bitcoin-focused asset management company.　　The Dallas-based firm, founded by Vivek Ramaswamy, has rebranded itself as “Strive – The Daily Dividend Company” and will begin distributing daily payouts to holders of its Variable Rate Series A Perpetual Preferred Stock (ticker: SATA) starting June 16. The annualized dividend rate of 13% remains unchanged, but payments will now occur every business day instead of monthly. These dividends are funded by income from Strives aggressive Bitcoin treasury strategy, which involves leveraging capital markets to acquire Bitcoin and generate yield.　　Debt-Free and Bitcoin-Rich　　In its Q1 earnings, Strive reported clearing all short- and long-term debt, positioning itself as a lean operation with zero margin requirements and no encumbered assets. As of March 31, the company held 13,628 Bitcoin, up from 7,626.8 Bitcoin at the end of 2025. By May 12, Strives Bitcoin holdings had expanded to 15,009, currently valued at approximately $1.22 billion.　　“Today, Strive stands debt-free, with

05-16Industry

Ether price may 20% drop as analysts say ‘downside risks remain’

Market analysts say Ether (ETH) faces “downside risks” that could trigger another 20% downtrend toward $1,700, new analysis said.　　Key takeaways:Rising Ether supply on exchanges and declining ETF inflows suggested a possible ETH price drop over the coming days.Ethers rising wedge pattern projected a potential 22% drop to $1,725　　ETH inflows to exchanges rise　　Ethers 40% recovery from multi-month lows below $1,800 was　　Analysts have outlined several , including “significant” inflows into exchanges, according to CryptoQuant analyst BorisD.　　The chart below shows a sharp increase in ETH reserves held on Binance to 3.84 million from 3.36 million between May 5 and May 9.　　The analyst that as inflows accelerated, the “price action failed to show strong continuation to the upside,” dropping 7% to $2,260 from $2,390 over the same period.　　“This suggests that liquidity was being both absorbed and distributed within the range,” BorisD said, adding:　　“The broader structure still points toward downside risk remaining dominant for now.”　　While other analysts see potential for fresh upside in the coming days, “those moves may primarily serve distribution purposes rather than signal the start of a strong bullish trend,” the analyst added.　　Making the same observations, fellow analyst PelinayPA any short-term rebound in ETH would be “followed by high volatility, and then

05-16Industry

Dogecoin Has Now Entered Oversold Levels That Has Led To Previous Cycle Bottoms

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scotts dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.　　Scott‘s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.　　With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion

05-16Industry

Cardano Price Prediction: ADA Holds $0.27 as Whale Accumulation and Buy Signals Point to $0.50 Target

Cardano price holds key support as whale accumulation and fresh buy signals point to a possible recovery move.　　Cardano price prediction is back in focus as ADA trades near a key technical area, with price holding around $0.27 while several market signals begin to improve. According to Brave New Coin data, Cardano is trading near $0.27, up 0.98% in the last 24 hours, with price moving between an intraday low of $0.26 and a high near $0.28.　　Cardano Holds 20 EMA as $0.31 Becomes the Breakout Level　　The short-term technical setup shared by Mr. CryptoCeek shows ADA consolidating above the 20-day EMA near $0.26. That level now acts as the first support area, and as long as the price remains above it, the structure keeps a positive tone.　　The main resistance sits near $0.31. A clean break above that level would suggest that ADA is moving beyond simple consolidation and beginning a fresh short-term uptrend. In that case, the next upside targets would sit near $0.36 and $0.40.　　The bearish scenario is also clear for Cardano. If the ADA price loses the 20 moving average support around $0.26, the current setup weakens, and the price could fall back into the lower range.　　SuperTrend Buy Signal Adds

05-16Industry

Gemini Revenue Surges 42% in Q1 2026, Credit Cards Shine

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, reported a 42% year-over-year revenue jump in the first quarter of 2026, reaching $50.3 million. This growth was fueled largely by the explosive success of its Gemini Credit Card, which saw revenue soar nearly 300% to $14.7 million, according to the companys May 14 earnings release.　　The shift underscores Gemini‘s ongoing transformation from a pure-play crypto exchange to a diversified financial services platform. Transaction revenue, historically the company’s bread and butter, remained steady at $24 million for the quarter. However, crypto exchange revenue dropped 27% year-over-year to $17.2 million, reflecting a broader slowdown in spot trading activity as total crypto market volumes remain subdued.　　Credit Cards Lead Revenue Shift　　Geminis credit card program is emerging as a key driver of revenue diversification. The nearly 300% growth in credit card income was attributed to a significant increase in the user base and higher transaction volumes. The company has actively expanded its card offerings, introducing crypto-specific editions such as XRP and Solana in 2025, and more recently, a Zcash edition in February 2026.　　In 2025, the Gemini Credit Card surpassed $1.2 billion in transaction volume, contributing $21.5 million in annual revenue, with monthly sign-ups reaching record

05-16Industry

Bitwise Launches HYPE-linked Fund as Hyperliquid Interest Grows

Bitwise Asset Management has launched a US-listed investment product tied to Hyperliquid, offering investors spot exposure to the token and staking rewards linked to the decentralized derivatives platform.　　The fund, trading under the ticker BHYP on the New York Stock Exchange, is the second US-listed Hyperliquid product to launch this week. Bitwise said the fund plans to stake a significant portion of its HYPE (HYPE) holdings through its in-house staking division.　　Hyperliquid is a decentralized trading-focused layer 1 blockchain launched in 2023 that offers perpetual futures, spot trading and lending services. Bitwise said the platform processed about $2.9 trillion in trading volume in 2025 and accounted for roughly 60% of global onchain derivatives open interest as of May 5, citing DefiLlama data.　　HYPE was trading at around $44 on Friday with a market capitalization of roughly $11.22 billion, making it the 10th-largest cryptocurrency by market value, according to CoinMarketCap data. The token is used for staking, governance and ecosystem participation.　　Bitwise, which manages about $11 billion in client assets across crypto investment products including exchange-traded funds, private funds and staking strategies, said the fund will charge a 0.34% sponsor fee, which will be waived for the first month on the funds first $500 million

05-16Industry

Connex releases 17.95m in CONX tokens today

Connex released 1.32 million CONX tokens worth $17.95 million on May 15 in a scheduled cliff unlock.Connex unlocked 1.32 million CONX tokens valued at approximately $17.95 million on May 15, 2026.The unlock represents 1.49% of Connexs released supply, with 822,500 tokens allocated to the ecosystem.The remaining 500,000 CONX tokens from the release were directed to the community treasury.　　Connex, a Web3 professional networking platform that uses its native token for payments, governance and credential verification, executed the unlock on a preset cliff schedule. According to Tokenomist data, the release equals approximately 1.49% of the projects adjusted released supply, with 88.60% of maximum supply already in circulation ahead of the event.　　The allocation split the 1.32 million CONX into two portions. The ecosystem fund received 822,500 tokens worth approximately $10.94 million, while the community treasury received the remaining 500,000 tokens valued at approximately $6.65 million.　　Supply event adds $17.95m in CONX tokens to circulation　　Cliff-style unlocks, which release tokens in a single event rather than gradually, can add short-term selling pressure when a large percentage of market cap enters circulation at once.　　At current prices the unlock represents roughly 60% of CONXs market capitalisation of approximately $30.61 million, making it one of the highest unlock-to-market-cap ratios

05-16Industry

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