XRP News: XRPL Eyes Major Upgrade Proposals On Escrows, Privacy Transfers

For this, it will use a WebAssembly (WASM) execution layer. The proposal calls the feature “a minimal, programmable code block attached to an Escrow object,” which decides if funds are released.  Also, the proposed model on XRP Ledger may be suitable for a variety of other applications. It could help in milestone-based payments, token vesting, NFT-related settlements, treasury management, token swaps, and compliance related holding periods.  For context, the traditional smart contract aims to maximize flexibility and allow any code to run on the blockchain. On the other hand, the design is designed to minimize the blockchains execution and remain fully verifiable on-chain while maintaining the efficient architecture of XRPL.  Furthermore, functionality that focuses on privacy is also moving forward with XLS-96 Confidential Transfers for Multi-Purpose Tokens. This XRP Ledger amendment proposal aims to introduce confidential balances and transfers and retain supply auditing and issuer controls. The specification says that “individual balances and transfer amounts are encrypted and are not revealed to validators or external observers.”  The feature is meant to support institutional and enterprise tokenization use cases where privacy of transactions is needed, according to the developers of the proposal. The document also points out the system would maintain “public auditability” by means

05-31

Is ALGOs price heading towards a breakout on the charts?

Algorand [ALGO] spent February and March under persistent selling pressure as the price drifted from $0.1005 towards the $0.0796 demand floor. Throughout that period, the RSI remained subdued, reflecting weak demand and steady bearish control.  Conditions, however, changed sharply in early April. The price surged from $0.0796 towards $0.1272 on the strongest volume expansion of the period, while the RSI briefly approached 80.  This combination hinted at aggressive buyer participation, rather than a simple relief rally.  Momentum later began cooling down. Although ALGO extended towards $0.1459, the RSI failed to confirm the higher high. Consequently, participation weakened as the price gradually rotated lower through May.  At the time of writing, the market appeared to be stabilizing. The price was holding above $0.1005, while the RSI recovered to 65.22. This suggested that buyers may be re-engaging near support, even as the resistance remains firmly positioned at $0.1272.  More importantly, a breakout above $0.1272 with stronger volume would indicate renewed demand and could open a path towards $0.1459. Otherwise, failure to overcome resistance may encourage another rotation towards $0.1005, keeping ALGO within its broader consolidation range  ALGO nears a key breakout test  now sits in the upper half of its two-month consolidation range. This means that buyers could continue

05-31

AVAX Price Prediction: $9.25 Breakout or $8.60 Breakdown Within 48 Hours

Market Context: Why AVAX is Moving Now  AVAX has been grinding sideways in a tight $8.75-$9.07 range over the past 24 hours, but pressure is building beneath the surface. The token trades dangerously close to its lower Bollinger Band at $8.67, suggesting either a capitulation selloff or a classic oversold bounce setup. With institutional CME futures adding legitimacy to the ecosystem, AVAX is positioned for a volatility explosion that could define its next major leg.  The broader crypto markets sideways action has created a coiled spring effect in mid-tier L1s like Avalanche. Trading at $8.96 against a 200-day moving average of $10.97, AVAX has clearly been in distribution mode, but this consolidation could represent accumulation by smart money or preparation for further downside. Blockchain.news market analysis shows similar setups in L1 tokens typically resolve within 48-72 hours with significant directional moves.  Technical Picture Shows Indecision Ready to Break  The charts scream indecision with a bearish lean that‘s about to resolve. AVAX’s RSI sitting at 41.25 shows momentum has cooled from oversold levels without generating meaningful buying pressure, while the MACD histogram flatlining at essentially zero reveals complete absence of directional conviction among algorithmic traders.  Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price

05-31

XRP News: XRPL Eyes Major Upgrade Proposals On Escrows, Privacy Transfers

List of upcoming proposals on XRP Ledger.  For this, it will use a WebAssembly (WASM) execution layer. The proposal calls the feature “a minimal, programmable code block attached to an Escrow object,” which decides if funds are released.  Also, the proposed model on XRP Ledger may be suitable for a variety of other applications. It could help in milestone-based payments, token vesting, NFT-related settlements, treasury management, token swaps, and compliance related holding periods.  For context, the traditional smart contract aims to maximize flexibility and allow any code to run on the blockchain. On the other hand, the design is designed to minimize the blockchains execution and remain fully verifiable on-chain while maintaining the efficient architecture of XRPL.  Furthermore, functionality that focuses on privacy is also moving forward with XLS-96 Confidential Transfers for Multi-Purpose Tokens. This XRP Ledger amendment proposal aims to introduce confidential balances and transfers and retain supply auditing and issuer controls. The specification says that “individual balances and transfer amounts are encrypted and are not revealed to validators or external observers.”  The feature is meant to support institutional and enterprise tokenization use cases where privacy of transactions is needed, according to the developers of the proposal. The document also points out the system

05-31

Is ALGOs price heading towards a breakout on the charts?

Algorand [ALGO] spent February and March under persistent selling pressure as the price drifted from $0.1005 towards the $0.0796 demand floor. Throughout that period, the RSI remained subdued, reflecting weak demand and steady bearish control.  Conditions, however, changed sharply in early April. The price surged from $0.0796 towards $0.1272 on the strongest volume expansion of the period, while the RSI briefly approached 80.  This combination hinted at aggressive buyer participation, rather than a simple relief rally.  Momentum later began cooling down. Although ALGO extended towards $0.1459, the RSI failed to confirm the higher high. Consequently, participation weakened as the price gradually rotated lower through May.  At the time of writing, the market appeared to be stabilizing. The price was holding above $0.1005, while the RSI recovered to 65.22. This suggested that buyers may be re-engaging near support, even as the resistance remains firmly positioned at $0.1272.  More importantly, a breakout above $0.1272 with stronger volume would indicate renewed demand and could open a path towards $0.1459. Otherwise, failure to overcome resistance may encourage another rotation towards $0.1005, keeping ALGO within its broader consolidation range  ALGO nears a key breakout test  now sits in the upper half of its two-month consolidation range. This means that buyers could continue

05-31

Hyperliquid vs Ethereum: Did Tom Lee Pick the Wrong Crypto Treasury Asset for BitMine?

Tom Lees BitMine bought 5.4 million Ethereum (ETH) instead of Hyperliquid (HYPE), and now faces a binary verdict. The Ethereum holding is down 21% since June 30, 2025. HYPE is up 68% over the same window.  The question is whether Tom Lee built the institutional position he intended to create. Or whether he picked the wrong asset for a cycle that already rewarded perpetual exchange tokens.  ETH vs HYPE weekly performance since June 30, 2025. ETH down 21.45%, HYPE up 67.82%. Source: TradingView  Both readings stay defensible until ETH either reflates or rolls over.  The Conviction Case  BitMine launched its Ethereum treasury strategy on June 30, 2025, with a $250 million private placement.  Tom Lee, head of Fundstrat, joined as chairman. The mandate was never to chase the hottest token in the cycle. It targets roughly 5% of the ether supply (through alchemy) as a public proxy for institutional ETH.  That thesis rests on three pillars:Ethers staking yield turns the treasury into an income asset rather than a static bet.  Around 87% of the holding sits on BitMines MAVAN staking platform, generating about $276 million in annualized revenue.Liquidity matters at this scale.  BitMine has absorbed $8 billion in losses without dislocating ETHs order books.  “Tom Lee is down eight billion

05-31

Ethereums deeper problem - Its not just macro risk weighing ETH down

Negative ETH catalysts: ETF outflows, low network activityWhat could trigger ETHs rebound?  on  Source: Santiment  However, the whale demand, likely driven by major players like Bitmine, was not enough to taper off the on-chain capital outflows. Notably, ETHs capital outflow has deepened since last October, as tracked by the Realized Cap.  In fact, in 2026, the altcoin has seen $15B in capital outflows as Realized Cap dropped from $310B to $295B.  It meant that the aggregate demand for ETH was still negative. This further reinforced Nansens Sondergaard outlook.  Source: GlassnodeWill the ETH price retest $1.8K?  If the weak demand and outflows extend, then ETHs price may fall to $1.8K. Interestingly, the MVRV Pricing Bands also implied such a projection.  After early 2026 price rejection at Realized Price (1.0 RP, green) at $2.3K, ETH could likely retest the next support band at $1.8K (blue). In fact, during the 2022 crypto winter, ETH only marked a true bottom after decisively climbing above the lower bands of the metric.  Source: Glassnode  Overall, the ETH price could slip lower to $1.8K in the medium term if the weak institutional demand and muted network activity continue in June.

05-30

Over 1,400 Liquidity Providers Hit in $7.3 Million DxSale Exploit

A security analyst suggested that DxSales old locker contract may have contained an unverified backdoor vulnerability.  More than 1,400 liquidity pools tied to old DxSale contracts on BNB Chain were drained in a $7.3 million exploit flagged by blockchain security firms on May 29.  The attack adds to a growing list of DeFi breaches this month, as security experts warn that aging smart contracts and weak access controls are leaving protocols exposed.  What Happened  According to on-chain security account PeckShieldAlert, a user named “Tahax” first identified the exploit. Per their report, attackers targeted at least 1,400 old DxSale liquidity pool contracts on BNB Chain, draining about $7.3 million worth of crypto from them, which they then routed through AnySwap in an attempt to obscure their trail.  PeckShield added that an address identified as “0xC457…FA69” had transferred 2,958 BNB from the hack, worth $1.87 million, into two main wallets, which then moved the funds through several deposit addresses on Binance.  DxSale is a launchpad platform that lets crypto projects create tokens and liquidity pools without building their own infrastructure. It was pretty big about five years ago, with many of the projects launching tokens on BNB Chain locking their LPs with the protocol.  According to Tahax, the locker

05-30

MATIC Price Prediction: Sub-$0.40 Floor Testing Imminent as Bears Maintain Control

MATIC is caught in a textbook downtrend squeeze thats about to break lower. Trading at $0.38 with RSI sitting at 38, the token shows classic oversold conditions without any sign of buyer capitulation yet. The MACD histogram at flat zero reveals momentum has completely stalled, while price action remains pinned well below the 20-day SMA at $0.43.  The Bollinger Band positioning tells the real story here – MATIC sits at just 0.29 on the band scale, meaning it‘s hugging the lower boundary at $0.31. This isn’t random price action; its systematic selling pressure that Blockchain.news technical patterns suggest will likely breach that lower band within days.  Whats particularly concerning is the distance from the 200-day SMA at $0.69 – nearly 45% below this critical long-term trend line. No institutional money touches assets trading this far below their 200-day average without extreme conviction plays.  Volume & Price Alignment  The $1.07 million in 24-hour Binance volume represents anemic trading interest that typically precedes sharp moves in either direction. With such thin liquidity, any modest selling pressure creates outsized price impact – exactly what were seeing with the -0.29% daily decline on minimal volume.  The stochastic indicators paint an even bleaker picture, with %K at 25.19 and %D

05-30

Retail Investors Are Moving Into IPO Genie Here Is What Is Driving Interest

IPO Genie crossed 2,500 wallets during one of the weakest sentiment periods of 2026. Most retail investors were not moving at that point. That gap is what this article looks at. It also says something about whereAI crypto presales are heading in 2026.  What IPO Genie Actually Is  IPO Genie is a platform built around one specific problem. Private market deals and pre-IPO companies have always been locked behind large minimums and insider networks. IPO Genie tokenizes that access. The $IPO token is how retail investors access those deals directly.  A bare minimum of $250,000 is not a myth, but the standard of investments required to invest or to get into the private market deals. Even the capital also gets locked between 7 to 10 years.  IPO Genie‘s entry fee is $10 and you don’t have to wait for 7 to 10 years. That is not a small difference. For most retail investors, it is the entire barrier. You can work with $500 to $5000+ as well.  What exists as proof today?  Three things are on record right now.  The smart contract was audited by SolidProof. No critical issues were found. The TrustNet Score came back at 76.86. CertiK runs continuous monitoring through its Skynet system. Institutional

05-30
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