Latest Crypto News & Market Updates

Analyst Warns XRP Could Shake Out Traders Before Breakout

They say journalists never truly clock out. But for Christian, that‘s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.　　Christians journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).　　Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his

05-23Industry

Deckers Outdoor (DECK) Stock Climbs on Record Quarterly Performance

Deckers delivered record fourth-quarter revenue of $1.12 billion, representing a 10% increase and surpassing analyst projections of $1.09 billion.Fiscal year 2026 revenue reached $5.47 billion, climbing 10%, while adjusted earnings per share hit $7.02, an 11% increase—both exceeding consensus estimates.Hoka achieved a milestone quarter with $671 million in sales, marking 15% year-over-year growth and the brands strongest performance to date.UGG saw fourth-quarter revenue climb 9% to $409 million, fueled by expanding product categories including athletic footwear, sandals, and mens collections.Management projects fiscal 2027 revenue between $5.86 billion and $5.91 billion, with EPS forecasted at $7.30 to $7.45, targeting sustained high single-digit growth through 2030.　　Deckers Outdoor unveiled exceptional financial results for both its fourth quarter and complete fiscal year, with flagship brands Hoka and UGG surpassing market expectations and driving momentum across the portfolio.　　$DECK Q426 EARNINGS HIGHLIGHTS　　Revenue: $1.12B (Est. $1.09B) ; +10% YoY　　EPS: $0.96 (Est. $0.83)　　HOKA Sales: $671.2M; +14.5% YoY　　UGG Sales: $408.6M; +9.2% YoY　　DTC Comparable Sales: +8.2%　　FY27 Guide:　　Revenue: $5.86B-$5.91B (Est. $5.82B)　　Shares experienced an initial 4.3% surge during after-hours trading Wednesday before moderating. The stock traded approximately 1% lower in Friday‘s premarket session, hovering just above $101, following a 4.5% gain during Thursday’s regular session. Year-to-date, shares remain down roughly 1%, and

05-23Industry

Polymarket Hit By ‘Internal Top-Up’ Wallet Exploit, $700K Drained

On-chain investigator ZachXBT flagged a suspected drain from a wallet linked to Polymarkets Polygon infrastructure Friday.Polymarket devs said an “internal top-up” wallet was drained, while user funds and market outcomes remain safe.On-chain analytics platform Bubblemaps later estimated the loss at about $700,000 across 16 addresses.　　On-chain investigator ZachXBT flagged a suspected drain tied to Polymarket on Friday, saying over $520,000 had been taken from addresses linked to the prediction markets infrastructure.　　Polymarket developers later acknowledged the incident and said it involved an internal rewards and did not affect user funds or market outcomes.　　“Findings point to a private key compromise of a wallet used for internal top-up operations, not contracts or core infrastructure,” the Polymarket Developers account tweeted.　　Were aware of the security reports linked to rewards payout. User funds and market resolution are safe.　　Findings point to a private key compromise of a wallet used for internal top-up operations, not contracts or core infrastructure.　　More updates to follow.　　Over an hour after the initial disclosure, on-chain analytics platform Bubblemaps estimated the loss at about $700,000, saying the funds were split across 16 addresses and routed through centralized exchanges and other services.　　Prediction markets on Polymarket use contracts that record bets and pay winners after an outside service

05-23Industry

Michael Saylor Draws Mixed Reactions After AI Video Goes Viral

Bitcoin failed to hold above $78,000 as macro-pressure fears weighed on risk markets.Crypto traders mocked Michael Saylor after an AI-generated video spread across social media.Strategy bought 24,869 BTC for $2.01 billion, raising total holdings to 843,738 BTC.　　Bitcoin pushed toward $78,000 but lost momentum as macro pressure returned and crypto traders turned their attention toward Michael Saylor for a very different reason.　　An AI-generated video featuring Strategy executives quickly circulated on crypto X, drawing widespread ridicule.　　The clip transformed a May 20 interview featuring Michael Saylor, CEO Phong Le, and host Natalie Brunell into a neon-colored rave filled with flashing “HODL” and “CRINGE” graphics.　　The reaction was immediate, with traders calling it “AI slop,” “peak cringe,” and a local top signal for Bitcoin. One user mocked the situation by saying Bitcoin was bought up by boomers only for those same boomers to start posting AI-generated content about it.　　A smaller group defended Saylor, arguing he had earned the right to celebrate after building the largest corporate Bitcoin position in the market.　　Strategy Keeps Buying Despite Market Weakness　　The backlash arrived only days after Strategy disclosed another major Bitcoin purchase. According to an SEC filing released Monday, the company bought 24,869 BTC between May 11 and May 17

05-23Industry

How To Evaluate Newly Launched Online Casinos In Canada

A freshly launched online casino can look convincing within minutes. Polished design, a long list of payment options, bold claims about instant payouts, sometimes even crypto support. None of that tells you whether the operator is licensed, whether the games are independently tested, or whether your withdrawal will actually arrive.　　Established brands at least carry a public track record: player forums, payout histories, regulatory decisions. A new entrant has almost none of that. So the burden of verification shifts entirely to the reader.　　What this article is about: This is not a ranking of casino brands. It is a framework for checking legality, fairness, payment infrastructure, and operator transparency before you register at any newly launched site in the Canadian market.　　Why Newly Launched Casino Brands Need Extra Scrutiny　　When a casino brand is weeks or months old, the usual shortcuts for judging reliability do not exist yet. There are no long-term payout records, no multi-year player discussions, and no independent audit trail that anyone outside the company can inspect.　　What you do get is marketing: bonus headlines, game counts, and payment logos. That gap between what is visible and what is verifiable is exactly where problems emerge.　　For a current snapshot of recently launched casinos

05-23Industry

OKX-ICE Launch Oil Perps to 120M Users, China Halts Brokers, Polymarket Hit for $700K

Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, has partnered with OKX to bring perpetual oil futures contracts to the cryptocurrency platform‘s roughly 120 million retail traders. The new perpetual products will draw on ICE’s Brent crude and West Texas Intermediate (WTI) benchmark pricing, marking another bridge between traditional commodity markets and digital asset venues. The contracts will roll out in jurisdictions where OKX already holds licenses to offer perpetual derivatives. ICE holds an equity stake in OKX and the two firms previously signed a March agreement to develop blockchain infrastructure enabling tokenized securities trading on NYSE and crypto futures access for ICE clients.　　Prediction market platform Polymarket confirmed Friday that an internal rewards wallet was drained in what appears to be a private key compromise, with on-chain analytics estimating losses of approximately $700,000. The affected wallet handled only internal top-up operations and did not touch user funds, smart contracts, or market resolution mechanisms, according to the platform‘s development team. On-chain investigators traced the stolen proceeds across sixteen destination addresses, with funds subsequently routed through centralized exchanges and other obfuscation services. Polymarket’s core infrastructure on the Polygon network remains operational, though the incident underscores ongoing operational security challenges

05-23Industry

Solana Price Prediction: Can SOL Reclaim Momentum Above $98?

Solana is trying to hold rising support as buyers push toward the $95 and $98 resistance zone. A stronger recovery needs a weekly move above $124, while a drop below $83 could send SOL back toward deeper support.　　Solana is trying to recover from rising support on the short-term chart, with $95 and $98 now acting as the first major tests for buyers. A stronger move needs a weekly reclaim of $124, while a loss of $83 would put deeper support near $60 back in focus.　　Solana Holds Rising Support as $98 Target Comes Back Into View　　Solana is bouncing from a rising trendline on the 8-hour chart, while the chart shared by Satoshi Flipper points to $98 as the next major resistance. The setup shows SOL holding a higher support structure after its latest pullback.　　The price recently tested the trendline and reacted from that area. This keeps the short-term bullish structure active, as long as SOL stays above the rising support.　　SOL 8H Trendline Chart. Source:　　The RSI also bounced from the lower zone near 30, which shows selling pressure started to cool. That supports the idea of a recovery attempt, but SOL still needs follow-through.　　The main upside level is the black horizontal resistance

05-23Industry

Zero Network shutdown: Zerion sets July 31, 2026 cutoff

The Zero Network shutdown is now on the clock, and for users still holding assets on the Ethereum Layer 2, the message is simple: move them before the deadline arrives. Zerion is winding down the network after roughly 18 months, has already disabled deposits, and says holders must withdraw ETH, tokens, and NFTs by July 31, 2026.　　That gives users time, but not a reason to wait. The closure affects all assets stored on Zero Network, and the warning is stark: anything left behind after July 31, 2026 may become permanently unretrievable.　　At the same time, the shutdown marks a strategic pivot for Zerion. Rather than keep running a separate chain, the company is redirecting resources toward its core wallet and API products, ending one of its more ambitious infrastructure efforts in favor of tools it sees as more central to its business.　　Zero Network shutdown ends an Ethereum Layer 2 experiment　　Zero Network launched in November 2024 as an Ethereum Layer 2 focused on gasless transactions. It was described as an EVM-compatible rollup built to remove transaction costs and make using crypto feel simpler.　　Now that experiment is ending after about 18 months of activity.　　Zerion is tying the Zero Network shutdown to a broader

05-23Industry

XRP Price Stuck In A Tight Cage—Breakout Pressure Keeps Building

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.　　From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.　　As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.　　In addition to his roles in finance

05-23Industry

Tesla (TSLA) Stock Slips as SpaceX IPO Diverts Market Attention

The electric vehicle manufacturers shares have exhibited sideways movement recently. Year-to-date performance shows a 7% decline, though the stock maintains a 23% gain across the trailing twelve months. The annual trading range extends from $273.21 to $498.83.　　Tesla experienced upward momentum in early May driven by anticipation that Chinese regulators would authorize its AI-powered Full Self-Driving technology. With that approval still pending, the stock has surrendered those gains.　　The automaker currently serves approximately 1.3 million subscribers in the United States who pay $99 monthly for FSD access. Securing Chinese regulatory clearance would unlock a substantial new market for this subscription-based revenue model.　　SpaceX Market Debut Captures Attention　　SpaceX submitted its initial public offering documents on Wednesday, immediately drawing scrutiny from Tesla shareholders. The registration statement contains nearly 90 references to Tesla, revealing deeper operational connections than previously understood by many investors.　　The two enterprises share board representation, are co-developing an artificial intelligence digital assistant platform, and are constructing a “Terafab” semiconductor manufacturing facility alongside Intel. Tesla has additionally supported SpaceX through procurement activities and promotional efforts on X.　　Tesla maintains an equity position of 19 million SpaceX shares, acquired through its prior investment in xAI, which completed a merger with SpaceX this past February. The filing

05-23Industry

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