Latest Crypto News & Market Updates

Upexi falls as Solana treasury losses weigh on Q3 results

Upexi shares fell 8.16% on Tuesday after the Solana treasury company reported a wider fiscal third-quarter loss. Upexis Q3 net loss widened to $109.3 million after a $92.3 million SOL paper loss.The company still raised Solana holdings by 189,000 tokens, bringing its treasury to 2.5 million SOL.Upexi remains behind Forward Industries, which holds over 7 million SOL, according to CoinGecko.　　The company posted a net loss of $109.3 million, compared with a $3.8 million loss in the same quarter last year.　　The loss came mainly from $92.3 million in unrealized losses on digital assets. Upexi said the figure reflected non-cash quarter-end fair value changes tied to its Solana holdings. Revenue still rose to about $4.6 million from $3.2 million a year earlier.　　Solana holdings keep rising　　Upexi said its Solana tokens increased by about 189,000 during the quarter, or 9%. Digital asset revenue reached $3.5 million for the period, helped by staking activity.　　As of March 31, Upexi held 2.5 million Solana tokens and $3.5 million in cash, according to its earnings call transcript. About 1.4 million tokens were liquid, while around 1 million were locked.　　Moreover, CEO Allan Marshall said the quarter was shaped by a hard market for crypto treasury firms. He said Upexi

05-13Industry

Dogecoin (DOGE) Eyes Recovery as Bullish Signals Emerge After Consolidation

Tech　　Dogecoin (DOGE) Eyes Recovery as Bullish Signals Emerge After Consolidation　　Dogecoin appears to be forming its third accumulation pattern, with previous phases resulting in gains of 190% and 480% respectivelyTechnical analyst Javon Marks identifies a bullish MACD divergence pattern with an initial price target set at $0.6533The meme coin maintains support above its 100-day EMA positioned at $0.1064, while facing resistance near the 200-day EMA at $0.1248Recent derivatives data shows $17 million in short position liquidations over four hours, indicating bearish traders are retreatingFutures market activity reveals $1.64 billion in Open Interest with a 0.0057% positive funding rate, confirming continued buyer interest　　The popular meme cryptocurrency Dogecoin is displaying preliminary indicators of a potential bullish reversal following its ability to maintain crucial moving average support levels and generate optimistic signals in futures market data. At the time of writing on Wednesday, DOGE maintains its position above the 100-day Exponential Moving Average (EMA) located at $0.1064, bouncing back following a two-day decline.　　Dogecoin (DOGE) Price　　Market analyst Javon Marks published a technical chart illustrating DOGE‘s successful breach of an extended descending trendline that originated following the 2021 bull market peak. In Marks’ assessment, DOGE has begun exhibiting a response to a significant bullish divergence signal

05-13Industry

Chainlink (LINK) Eyes $12.42 Target as DTCC’s $114T Platform Integration Fuels Momentum

Tech　　Chainlink (LINK) Eyes $12.42 Target as DTCCs $114T Platform Integration Fuels MomentumLINK currently sits at $10.30, reflecting a 5.9% weekly increaseAn ascending triangle formation points to a possible rally toward $12.42Critical support zone established at $10.08 — maintaining this level is essential for bullish continuationTechnical indicators including MACD crossover and expanding Bollinger Bands confirm strengthening buyer momentumThe Depository Trust and Clearing Corporation, managing $114 trillion in assets, plans to integrate Chainlink into its collateral infrastructure launching Q4 2026　　As of May 13, 2026, Chainlink (LINK) is changing hands at $10.30, registering a weekly advance of 5.9%, per CoinMarketCap data. The digital asset has demonstrated renewed strength after consolidating between $8.40 and $10.00 throughout most of April.　　Chainlink (LINK) Price　　Chart analysis reveals an emerging ascending triangle pattern. This technical formation consists of progressively higher lows meeting a horizontal resistance barrier, typically indicating accumulating bullish pressure.　　Market analyst Ali Charts highlighted this development on X, noting that LINK is displaying a configuration that may precipitate an upward breakthrough. Ali Charts suggests that sustained support from buyers could generate sufficient momentum for a push toward the $12.42 price level.　　Chainlink $LINK appears to be breaking out of an ascending triangle, projecting a move toward $12.42 as long

05-13Industry

21Shares launches first U.S. Hyperliquid ETFs with staking exposure

21Shares has launched the first U.S.-listed exchange-traded funds tied to Hyperliquids HYPE token, introducing both a spot product with staking exposure and a leveraged fund tied to the decentralized derivatives platform.21Shares has launched the first U.S. ETFs tied to Hyperliquids HYPE token through spot and leveraged products.Bloomberg ETF analyst James Seyffart said the THYP fund recorded about $1.8 million in first day trading volume.The launch came days after 21Shares introduced its Canton Network ETF tied to tokenized finance infrastructure.　　According to a statement shared with crypto.news, the new products include the 21Shares Hyperliquid ETF under the ticker THYP and the 21Shares 2x Long Hyperliquid ETF trading as TXXH. The asset manager said the funds are designed to give investors regulated exposure to HYPE without directly holding the token.　　Trading data shared Tuesday by James Seyffart showed THYP generated roughly $1.8 million in first-day trading volume. Seyffart described the debut as stronger than a typical ETF launch, though he noted the volume remained well below some earlier altcoin ETF debuts in the U.S. market.　　Figures previously cited by Seyffart showed the first spot XRP ETF recorded about $58 million in opening-day trading volume last year, while the first Solana ETF launch produced nearly $57

05-13Industry

Ripple News: XRP Whale Wallets Hit Record High as ETF Holdings Climb to $1.44 Billion

The post Ripple News: XRP Whale Wallets Hit Record High as ETF Holdings Climb to $1.44 Billion appeared first on Coinpedia Fintech News　　XRP may still look stuck on the charts, but bigger holders clearly havent stopped accumulating. According to on-chain data shared by Santiment, the XRP Ledger has now reached an all-time high of 332,230 wallets holding at least 10,000 XRP.　　The findings show that it has been steadily growing since June 2024, even through all the sideways price action and volatility this year. Though the numbers arent great, out of more than 7.7 million activated XRP addresses, wallets holding 10,000 XRP or more are considered part of a pretty exclusive bracket. Based on XRP rich list data, that amount puts a holder roughly in the top 5% globally.　　Santiment says this kind of wallet growth usually points to long-term conviction rather than short-term trading. In simple terms, larger holders seem more interested in positioning early instead of waiting for hype and momentum later.　　But heres the catch: the accumulation keeps growing even though XRP is still trading below previous highs. Instead of chasing breakouts, many holders appear more comfortable buying during uncertainty.　　ETF Exposure Keeps Expanding　　On the other hand, big firms are showing

05-13Industry

Solana (SOL) Price Eyes Three-Digit Territory as Key Catalysts Align

Tech　　Solana (SOL) Price Eyes Three-Digit Territory as Key Catalysts AlignSolana (SOL) currently trades around $94–$95, challenging critical resistance at $96 with $100 as the next psychological targetAlpenglow protocol upgrade — representing Solanas most significant consensus mechanism overhaul — has transitioned to live validator community testing phaseSpot Solana ETFs maintained positive capital flows for seven consecutive trading sessions, with single-day inflows reaching $26.57 millionCrypto analyst More Crypto Online confirms SOL is “following the plan,” projecting potential upside to $104 and $108 levelsTechnical analyst The Cryptomist identifies short-term trendline breakout, suggesting SOL may reclaim $100 territory if Bitcoin maintains current support　　Solana continues trading just beneath a critical resistance threshold as both development momentum and institutional capital flows accelerate.　　Solana (SOL) Price　　SOL was changing hands near $94.87 during Tuesdays trading session, registering approximately 10% gains over the previous seven-day period. This price appreciation coincided with broader cryptocurrency market strength, as Bitcoin maintained positions above the $81,000 threshold.　　Market participants are closely monitoring the $96 price level as the immediate hurdle. Successfully clearing this resistance could establish a pathway toward the psychologically significant $100 mark, with subsequent targets at $104–$108.　　Downside support zones are established between $89.72 and $93.32. Maintaining price action above this range would preserve

05-13Industry

Ripple UDAX, Levery & FGV Boost On-Chain Liquidity in LatAm

Tech　　Ripple UDAX, Levery & FGV Boost On-Chain Liquidity in LatAm　　Ripple UDAX, Levery and FGV Unite to Build Institutional On-Chain Liquidity for Brazilian Banks　　Levery, an infrastructure provider that enables banks and financial institutions to launch digital asset exchanges using automated market maker (AMM) technology, has partnered with Ripple UDAX and Fundação Getulio Vargas (FGV) to across Brazil and Latin America.　　The collaboration represents a major move toward building regulated, blockchain-powered financial infrastructure for traditional banks across the region.　　At its core is Ripple UDAX (University Digital Asset Xcelerator), an initiative born from Ripples partnership with the University of California, Berkeley under the University Blockchain Research Initiative (UBRI).　　This program connects academic research with practical blockchain deployment, fast-tracking institutional adoption of distributed ledger technology and expanding real-world use cases across the ecosystem.　　Through the partnership, Levery supplies the core infrastructure that enables banks to run compliant, AMM-powered trading environments.　　This allows financial institutions to launch and manage digital asset exchanges with built-in regulatory alignment and full operational transparency. Designed for institutional use, the model prioritizes scalability, auditability, and seamless cross-border interoperability.　　Brazil Emerges as a Launchpad for Institutional On-Chain Liquidity in Latin America　　The system is built around deep liquidity provisioning on the XRP Ledger, enabling real-time settlement across

05-13Industry

Small cap, big gains - Decoding the FOMO behind USELESS’s recent 70% surge

Tech　　Small cap, big gains – Decoding the FOMO behind USELESSs recent 70% surge　　Useless [USELESS], the Solana-based memecoin that pokes fun at conventional utility tokens, has rallied by almost 80% over the past week. This memecoin proudly calls itself “the most honest cryptocurrency” and brags of having zero purpose and 100% uselessness.　　It rallied by 7.2% in the last 24 hours and had a $76.96 million market cap at the time of writing. This figure is relatively small though, even for a memecoin. Hence, quick gains and even quicker sell-offs can be expected.　　USELESS vertical rally expectationsSource: X　　In a post on X, user Unipcs, or the Bonk Guy, theorized that USELESS could embark on a silly bullish trend. It has 100 days of consolidation near the $0.04 lows and finally managed to break out above $0.05 recently.　　A long consolidation implies sellers are exhausted, and buyers have been accumulating. A bullish breakout from this consolidation phase, for a small-cap memecoin, could make for a parabolic run.　　The sidelined market participants would be forced to chase the gains across both the spot and futures markets. This FOMO demand can drive USELESS higher with hardly any dips along the way, he argued.　　Memecoins, especially the smaller ones, tend

05-13Industry

ONDO Global Markets reaches $1B in tokenized stock TVL in 8 months

Tech　　ONDO Global Markets reaches $1B in tokenized stock TVL in 8 months　　Ondo Global Markets just hit $1 billion in total value locked across its tokenized stocks and ETFs, and it did so in less than eight months. That makes it the fastest platform to reach this milestone in onchain finance, a category that includes stablecoins, which have had a multi-year head start.　　The numbers behind the milestone　　Ondo Global Markets now holds more than 70% market share in tokenized equities.　　The platform currently offers more than 260 live assets, spanning sectors including AI, biotechnology, defense, and energy.　　Cumulative trading volume has already exceeded $18 billion.　　The platform is currently deployed across Solana, BNB Chain, and Ethereum. More recently, Ondo integrated with Hyperliquid‘s HyperEVM through Ondo Bridge, which allows tokenized stocks and ETFs to flow into Hyperliquid’s trading infrastructure.　　Why tokenized stocks are gaining traction now　　Tokenized stocks on platforms like Ondo offer continuous trading, meaning they arent bound by the 9:30 AM to 4:00 PM Eastern window that governs traditional US stock exchanges. They also enable fractional ownership, which is particularly relevant for high-priced shares that might otherwise be inaccessible to smaller investors in emerging markets.　　Institutional interest has been a major catalyst. Favorable regulatory developments have made

05-13Industry

Injective (INJ) Price Explodes 13% After Bullish Breakout—Is a Rally to $6 Next?

Tech　　Injective (INJ) Price Explodes 13% After Bullish Breakout—Is a Rally to $6 Next？　　The post Injective (INJ) Price Explodes 13% After Bullish Breakout—Is a Rally to $6 Next？ appeared first on Coinpedia Fintech News　　The Injective price witnessed a massive breakout over the past 24 hours and surged nearly 13%, reclaiming the $5 range. The rally comes amid rising market participation, increasing open interest, and growing bullish momentum across the derivatives market. After weeks of gradual recovery, the crypto is approaching a decisive resistance zone that could determine the next phase of the trend.　　The daily chart suggests the token may have confirmed a rounded-bottom recovery pattern after rebounding from the April lows. The latest breakout candle has pushed the price above a crucial resistance level around $5.15. Besides, the volume and open interest have also surged sharply during the move.　　The rounded-bottom formation reflects a gradual shift from accumulation to expansion, which is often considered an early bullish reversal signal. At the same time, the sharp rise in open interest suggests fresh leveraged positions are entering the market. Another important signal is the negative funding rate despite the strong price surge. This indicates many traders are still positioned short, increasing the possibility of

05-13Industry

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