XRP Primary Elliot Wave Remains Intact And It’s Pointing Above $8

Tech  XRP Primary Elliot Wave Remains Intact And Its Pointing Above $8  XRP is trading in one of its most important technical zones of the year, with a new two-week chart analysis arguing that the larger Elliott Wave structure has not broken down.  The setup, which was shared by crypto analyst Dark Defender, places XRP near the end of a narrowing resistance and support apex, where the next major move could decide whether the cryptocurrency will still be trapped below short-term resistance or beg a stronger upward rally to defined resistance levels.  XRPs Elliott Wave Count Still Points To A Larger Bullish Structure  Dark Defenders analysis is built around the view that XRPs primary Elliott Wave structure is still intact on the two-week candlestick timeframe chart. The chart shows XRP moving through a larger five-wave sequence, with the current price action around the end of Wave 4.  According to Elliott Wave theory, Wave 4 is the second corrective phase in a five-wave impulse that comes before the final Wave 5 expansion, provided the entire impulse structure is not invalidated by a breakdown.  As shown in the chart below, XRP is being squeezed between a descending orange resistance line and a rising blue support line. The XRP price

05-23

Solayer Unveils Multi-Asset Perpetual Trading Platform Dubbed Margin Trade

Built by a team at Solayer Labs, and former traders with backgrounds at Citadel and Kraken, Margin Trade offers unified margin with on-chain trading of both cryptocurrencies and traditional market instruments on a single platform. Its traditional finance offerings include commodities such as gold, silver, and oil, as well as the MT500, a synthetic index that tracks United States equities.  The public launch of the Margin Trade on Solana testnet follows last week‘s private beta, which involved early users, partners, and traders from Solayer’s waitlist. During the same period, Solayer finalized protocol integrations, marketing collaborations, and strategic partnerships in preparation for todays release.  Regarding this, Joshua Sum, the Chief Product Officer at Solayer Labs, stated:  “Most perpetual futures trading infrastructure today remains siloed across separate markets and fragmented collateral account structures. Margin Trade is designed to bring capital efficiency, real-time execution, and multi-asset exposure in a unified environment that feels closer to the vision of truly global financial markets than traditional trading platforms.”  Being native to Solayer‘s InfiniSVM, Margin Trade leverages the chain’s hardware-accelerated infrastructure for efficient, scalable, and low-latency functioning. The chain delivers over 330,000 transactions per second (TPS), with roughly 400 milliseconds of finality for its 304,000 users. All these highly valuable

05-23

NVIDIA (NVDA) Clinches Key Awards at COMPUTEX 2026, Showcases AI Innovations

NVIDIA (NASDAQ: NVDA) has once again solidified its dominance in the AI space, clinching multiple accolades at COMPUTEX 2026 in Taipei. The company‘s Vera Rubin NVL72 AI supercomputer, Jetson Thor edge AI platform, and Alpamayo autonomous vehicle framework were recognized for their innovation, winning awards across key categories at Asia’s premier tech exhibition.  The Vera Rubin NVL72 earned both a Golden Award and the Sustainable Tech Special Award, showcasing its prowess as a rack-scale AI supercomputer designed for trillion-parameter models. Highlights include its ability to deliver up to 10x higher inference performance per watt and 10x lower cost per token. This is a significant step in addressing the growing demand for scalable and sustainable AI infrastructure amid the global AI boom.  Meanwhile, NVIDIAs Jetson Thor platform for edge AI and robotics, powered by the Blackwell GPU architecture, was awarded a Golden Award. With up to 2,070 FP4 teraflops of AI performance—7.5x the compute and 3.5x the energy efficiency of its predecessor—Jetson Thor is already in production across robotics, industrial systems, and medical devices. It plays a vital role in enabling smarter, more autonomous machines.  In the autonomous vehicle category, NVIDIAs Alpamayo platform won the Vehicle Technology and Smart Cockpit Category Award. The platform,

05-23

-61% Bullish Shiba Inu (SHIB) Metric Plummets in Last 24 Hours

Tech  -61% Bullish Shiba Inu (SHIB) Metric Plummets in Last 24 HoursShiba Inu outflows get thinnerAnother sign of a divergence  Despite ongoing price chart weakness, Shiba Inu shows a shift in on-chain activity. Exchange outflow pressure, one of SHIBs historically important metrics, has drastically decreased over the last 24 hours, possibly signaling reduced movement of funds away from exchanges.  Shiba Inu outflows get thinner  The average exchange outflow decreased by more than 21% over the previous day, according to the most recent on-chain data, and after weeks of high activity, broader outflow-related metrics also began to stabilize. Practically speaking, fewer SHIB tokens are being withdrawn from exchanges. That change may indicate that traders and larger holders are becoming less aggressive in repositioning assets during the current period of uncertainty.  SHIB/USDT Chart by TradingView  The significant decrease in exchange-related transaction pressure after a protracted bearish period is the metric garnering the most attention. Exchange reserves are still comparatively stable at 80.8 trillion SHIB, but outflow acceleration has significantly decreased in comparison to earlier phases.  Bitcoin (BTC), Hyperliquid (HYPE), Zcash (ZEC), Dogecoin (DOGE) and Ethereum (ETH) Price Analysis for May 23: Fundamental Shift in Investors Sentiment  Fidelity: Bitcoin in Early Bull Market  Strong outflow spikes and sharp price swings have historically

05-23

AI infrastructure race heats up as IREN pitches full-stack strategy, WhiteFiber lands $160M deal

IREN (IREN) co-founder Daniel Roberts outlined an ambitious vision for the company as a vertically integrated AI infrastructure platform in a lengthy X post on Friday, arguing that the biggest bottleneck in artificial intelligence is no longer chips, but physical infrastructure.  “AI demand grows exponentially. Infrastructure doesnt,” Roberts wrote, pointing to growing constraints around power, land, cooling and data center construction.  Roberts said IRENs strategy is built around three layers: physical infrastructure such as power and data centers, compute infrastructure including NVIDIA GPUs and servers, and enterprise software and operational tooling.  “Layers 1 and 2 are where the overwhelming majority of IRENs value is being created today,” Roberts wrote. “Layer 3 is where that advantage compounds further over time.”  The company, formerly known as Iris Energy, has expanded beyond bitcoin mining into AI infrastructure, a wider trend that has been seen in the industry, with projects spanning Texas, British Columbia, Oklahoma, Spain and Australia. Roberts said IREN has secured roughly 5 gigawatts of grid-connected capacity globally.  He argued that owning the full stack creates a long-term competitive moat as AI demand accelerates globally, particularly in underserved regions such as Europe and Asia-Pacific.  The thread also highlighted IRENs growing relationship with NVIDIA (NVDA), including a recently announced

05-23

With Presale Funding Now Above $7 Million, Ozak AI Enters a New Growth Phase Marked by Steady Capital Inflows

Tech  With Presale Funding Now Above $7 Million, Ozak AI Enters a New Growth Phase Marked by Steady Capital Inflows  Ozak AI ($OZ) is currently in a decisive phase of its presale campaign, having successfully raised more than $7 million. This achievement will likely kick off a positive trend among investors. Since its inception, Ozak AI has not hidden its intentions of focusing on an AI crypto project based on the combination of AI technology and DePIN (Decentralized Physical Infrastructure Networks). The more investors pour into the project, the more their actions seem to shift to conviction buying.  Breaking the $7 million milestone puts Ozak AI in the fastest-growing AI presale of the year, considering that capital is currently moving away from meme coins and towards utility-driven platforms and projects that have made meaningful progress. Moving away from meme coins reveals that Ozak AI is now no longer considered an experiment, but rather an infrastructure play.  Key Presale Data Indicate Increasing Demand  The presale of Ozak AI is at this point in the current stage of presale, with the cost fixed at $0.014 for each OZ. After the presale has raised millions of dollars, as well as allocated several hundred million tokens, the percentage completion

05-23

NEAR Protocol spikes 21% as Worldcoin and AI infrastructure coins attract fresh flows

CoinGeckos Top 100 Token gainers. Source: CoinGecko.Why are NEAR and AI tokens leading today  CoinMarketCap data shows that Worldcoins (WLD) token followed as the second best performer, gaining 12.39 to about 0.2947, while Artificial Superintelligence Alliances (FET)token advanced 9.05 to 0.2105 over the same period. Both tokens sit at the intersection of identity or AI infrastructure and crypto, underscoring how speculative capital continues to cluster around artificial intelligence narratives even as many large caps trade sideways.  Quant‘s QNT token also broke higher, adding 8.76% on the day to roughly 79.28, while modular data availability project Celestia’s TIA climbed 8.74 to around 0.445. These gains come after periods of heavy drawdowns for both projects, with earlier analysis noting that TIA had suffered double digit intraday declines in January as emissions and weak demand weighed on price, and QNT remained well below its all time high above 400.  What is driving the divergence with edgeX  While major AI and infrastructure tokens pushed higher, edgeX was among the notable laggards in the same top 100 basket, falling 7.76 on the session. Data from market trackers shows edgeX currently trades around the 1.20 to 1.50 range with a market capitalization above 500 million and a 24 hour trading

05-23

Zcash upgrade trio targets 300% speed boost in NU7

The Zcash upgrade roadmap includes three advances targeting a 300% speed boost as ZEC gained 73% in a month.Zcash‘s NU7, planned as the network’s ninth upgrade, will introduce Zcash Shielded Assets and a Network Sustainability Mechanism with more than 90% community support.Project Tachyon aims to scale shielded transaction throughput to thousands of TPS using proof-carrying wallets and oblivious synchronisation.FROST v3 brings threshold signatures with cheater detection by default, with the Zcash Foundation expecting finalisation in 2026 as part of the Z3 tech stack.  The Zcash Foundation outlined a three-pronged technical roadmap building toward NU7, its ninth planned network upgrade. The SEC also closed its investigation into the Zcash Foundation on May 20 with no enforcement action, removing a major regulatory overhang.  NU7 is planned to introduce Zcash Shielded Assets, allowing user-defined tokens within shielded pools with full Zcash-grade privacy, alongside a Network Sustainability Mechanism that modernises fee mechanics. Community sentiment polling found more than 90% support among ZCAP members and coinholders for Project Tachyon and Orchard Quantum Recoverability as NU7 priorities.  What each of the three upgrades does  Project Tachyon scales Zcash‘s shielded throughput using proof-carrying wallets and oblivious synchronisation, targeting thousands of transactions per second. The upgrade removes runaway state growth for validators,

05-23

Can XRP Repeat Hyperliquid Price Success?

Tech  Can XRP Repeat Hyperliquid Price Success?Why XRP cant math its way to a HYPE-style pumpHow the Senates Clarity Act reshapes XRPs long game  The phenomenal rise of Hyperliquids HYPE token has become the most eye-catching event of May, completely rewriting the rules of the game in the 2026 crypto market. Its rapid rally to an all-time high near $62.50 forced retail investors to look nervously at their portfolios.  While one token is setting records, holders of other altcoins are involuntarily asking themselves whether their asset can repeat this insane price success in the current market environment. This question has also become urgent for the long-suffering XRP community, which has long needed to compare expectations with reality.  Why XRP cant math its way to a HYPE-style pump  While HYPE is soaring on a deflationary model in which Hyperliquid directs 97% of its revenue, XRPs daily chart shows a prolonged calm. The coins price is stuck near $1.3518, trapped below the heavy 50-, 100- and 200-day EMA lines, which are acting as hard resistance according to TradingView.  Bitcoin (BTC), Hyperliquid (HYPE), Zcash (ZEC), Dogecoin (DOGE) and Ethereum (ETH) Price Analysis for May 23: Fundamental Shift in Investors Sentiment  Fidelity: Bitcoin in Early Bull Market  If XRP retail investors are

05-23

MARA security tops $4.3M as wrench attacks surge

MARA security spending reached $4.3 million in 2025, including $430,000 to armor CEO Fred Thiels vehicle.MARA‘s 2026 proxy filing revealed $4.3 million in total CEO security spending in 2025, including $430,000 to armor Fred Thiel’s personal vehicle.Physical attacks on crypto holders rose 75% in 2025 to 72 confirmed incidents totalling $41 million in known losses, according to CertiK data.Coinbase spent $7.6 million protecting Brian Armstrong in 2025, while Gemini committed $400,000 per month to secure the Winklevoss twins.  MARA Holdings 2026 proxy filing disclosed $4.3 million in total personal security spending for CEO Fred Thiel in 2025, including $430,000 specifically for vehicle armoring. The scale reflects a broader industry response to a wave of physical attacks targeting crypto executives.  Physical attacks on crypto holders rose 75% in 2025, reaching 72 confirmed incidents and $41 million in known losses according to CertiK data. Jameson Lopp has tracked a roughly threefold increase in wrench attacks between 2023 and 2025.  Why MARA is spending millions on CEO protection  Wrench attacks are physical coercions in which attackers force victims to surrender digital assets or private keys. MARA currently holds 38,689 BTC, making CEO wealth a publicly visible and targetable security concern.  Crypto.news has tracked MARAs Q1 2026 results including

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