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Ripple Former CTO Breaks Silence On Allegations of Selling XRP For Company Profit

Ripple CTO Emeritus David Schwartz has addressed renewed criticism of the relationship between Ripple and XRP. He responded directly to arguments that the company is unfairly benefiting out of the sale of tokens.　　Ripples David Schwartz Responds To Allegations Around XRP Sales　　The debate started on X when one user asked why the retail participants are unable to get equity in Ripple itself instead of XRP. “The one issue I have with Ripple, let us have access to the ripple stock NOW or you are just selling us a coin for your companys profit,” the post read.　　Schwartz disagreed with the narrative. He spotlighted regulatory obstacles related to conventional equity markets and dismissed claims of selling XRP for the companys profit. “There really is no practical way for Ripple to do that under the law,” he said.　　“Ripple stock is, without doubt, a security,” Schwartz added. The statements have garnered attention, especially after he previously expressed disbelief over predictions of XRP price surging to $10,000.　　Schwartz further said that those who wanted to have access to the company‘s stock can do so via secondary markets. He wrote, “”If you want direct exposure to Ripple’s success or failure, you can buy Ripple stock on the secondary

05-06

Solana Price Prediction: SOL Breakout Watch as Bulls Eye $100

Solana is holding near $85 as two daily charts show price tightening above the $80 to $85 support area. Analysts now point to $100, $125, and even $135 to $145 as possible upside zones if SOL breaks above nearby resistance.　　Solana Holds Near $85 as Chart Shows Early Recovery Setup　　Solana traded near $85.04 on the daily SOL/USD chart shared by WebTrend, while price continued to move sideways after a sharp decline from the November and January highs.　　The chart shows SOL holding above the $80 to $85 area after forming two rounded support reactions. The first appeared near the February low, while the second formed around early April. These reactions suggest sellers lost some pressure near the same lower price zone.　　Solana Base Recovery Chart: Source:　　SOL remains below the larger moving average structure, including the long-term purple line near the $115 to $120 area. That keeps the broader trend under pressure, even though the short-term chart has started to flatten.　　The green target box sits around the $135 to $145 zone. For SOL to move toward that area, price first needs to break above the nearby resistance around $90 to $100, where previous candles rejected in March.　　A clean move above that zone would give

05-06

Republic Joins XDC Network Validator Set, Signaling Institutional Momentum

Republic has joined XDC Network as an institutional validator, adding another established financial technology institution to the blockchains validator group as it expands its role in trade finance and real-world asset tokenization.　　Under the partnership , Republic will operate masternodes responsible for helping secure XDC Network and validate on-chain transactions. The announcement links Republic more directly to the technical systems behind blockchain-based financial applications, particularly those designed for institutional markets.　　XDC Network is an enterprise-grade layer-one blockchain built for global trade and finance. Its architecture supports real-world asset tokenization, cross-border settlement, trade finance applications, stablecoins, and institutional decentralized applications.　　For Republic, the validator role deepens its exposure to blockchain systems beyond marketplace services, tokenization, asset management, advisory, and staking operations.　　said Jeffrey Vier, Head of Tokenization at Republic.　　Republic Brings Institutional Backing to XDCs Validator Set　　Validators play a core role in proof-of-stake and masternode-based blockchain networks. They help confirm transactions, support network uptime, and contribute to the trust model behind on-chain activity.　　Republics participation comes as XDC Network continues to add institutional validators to its ecosystem. Recent validator additions include HashKey Cloud and UOB Venture Management.　　Shanlong James Chen, Head of Strategic Investments at XVC Tech, the venture capital arm of XDC Network, said Republic‘s participation supports

05-06

StanChart VC arm invests in crypto firm GSR at $1 billion-plus value

SC Ventures, Standard Chartered Banks venture arm, has taken a stake in GSR, a crypto market-making and liquidity firm, as the firm deepens its push into digital assets, according to recent statement.　　The investment values GSR at $1 billion-plus, Bloomberg separately reported. The firm, which was founded in 2013 by former Goldman Sachs traders, is also in discussions to raise up to $150 million in additional funding to scale its operations.　　The investment is the first time GSR has brought in an outside strategic shareholder in its thirteen-year history.　　Standard Chartered has expanded beyond its early experimentation with digital assets. It became the first globally systemically important bank to offer institutional spot crypto trading last July and is developing a crypto prime brokerage.　　The bank also supports Zodia Markets and Zodia Custody as part of its institutional crypto ecosystem.　　GSR provides liquidity across over 200 digital assets, has backed 300-plus crypto firms, and offers advisory services including token design, treasury management, and capital formation.　　“We are excited to welcome SC Ventures as a strategic investor and partner,” said Xin Song, GSRs CEO. “Institutional digital asset markets are maturing rapidly, and the firms best positioned to lead will be those that combine deep capital markets expertise with

05-06

Three reasons why Pi Network price eyes break above $0.20 soon

Pi Network price, Supertrend chart — May 5 　　The structure resembles a base formation, where higher lows are gradually forming near the $0.17 region while resistance remains capped below $0.19. This type of setup often precedes an expansion move once resistance is cleared.　　The Supertrend indicator remains close to price, signaling a neutral-to-bullish bias as long as PI holds above the $0.17 support zone. Meanwhile, the 100-day and 200-day moving averages, positioned near $0.176 and $0.196 respectively, highlight the importance of the $0.19–$0.20 region as a key breakout area.　　A sustained close above $0.185 would likely confirm short-term strength and increase the probability of a retest of $0.20. If momentum builds around the Protocol 23 timeline, an extension toward the $0.21–$0.22 range could follow.　　However, risks remain on the horizon. Around 184.5 million PI tokens are scheduled to unlock throughout May, which could introduce fresh selling pressure if early holders choose to exit positions.　　If the price fails to break above resistance, it may continue ranging or slip back toward the $0.17 support, with a deeper move potentially retesting the $0.165 level.　　For now, the short-term outlook remains cautiously bullish, supported by tightening supply, upcoming catalysts, and a chart structure that is gradually tilting in

05-06

Ethereum Price Prediction: ETH Eyes $2,650 Breakout

Ethereum is testing two breakout setups after pushing above key descending trendlines on daily and 6-hour charts. Analysts now point to $2,460 and $2,650 as the next major ETH price targets if the breakout holds.　　Ethereum Eyes $2,650 Target as ETH Breaks Above Key Trendline　　Ethereum traded near $2,379 on the daily ETH/USD chart shared by More Crypto Online, while price moved above the descending orange trendline that had capped ETH since the previous high area.　　The chart shows ETH recovering from the lower support zone near $1,600 to $1,821, where the move formed a larger corrective base. From that area, Ethereum built a rising structure marked as an A-B-C move, with price now testing the upper part of that recovery.　　Ethereum Wave C Target Chart: Source: More Crypto Online on X　　The analyst said the 100% extension target for wave (c) sits near $2,650. On the chart, this level appears at $2,657, which stands above the current price and inside the first marked upside target zone.　　The breakout above the trendline matters because ETH had failed several times near that same descending resistance. A daily move above it could confirm that buyers have gained short-term control after weeks of sideways and upward price action.　　However, ETH

05-06

BMNR Stock Soars 4% as Bitmine Buys Another $238M in Ethereum

The BMNR stock got a boost after the announcement. On Monday, the BMNR stock price surged 4.16% and closed at $22.79. For context, the Bitmine share price has also been following an overall upward trend of Ethereum in recent weeks. It has gained nearly 11% in the last month.　　Tom Lee Shares Outlook for Ethereum & Bitmine　　Chairman Thomas Lee highlighted that the company has made a deliberate effort to increase the rate of its purchases. “We have maintained an elevated rate of ETH accumulation over the past month, based on our view that the market is nearing the end of a short-term downturn,” he said.　　Recently, Bitmine also bought a reserve of 10,000 ETH from the Ethereum Foundation via an over-the-counter sale.　　Tom Lee further stated that Ethereum has remained resilient amid the most recent geopolitical tensions. He referenced that ETH price has been relatively strong since the outbreak of conflict in the Middle East earlier this year. As a result, the BMNR stock also showed resilience.　　Lee believes the crypto market is poised for a rebound soon. “Crypto Spring, in our view, has commenced, and like past cycles, investor sentiment and conviction are muted and bearish even as crypto prices strengthen,” he said.

05-06

Ethereum’s biggest staker has just become a public company with over $10 billion locked up

Bitmine has staked more than $10 billion in ETH, making it the largest corporate Ethereum treasury company and a yield-generating bet on the networks proof-of-stake economy.　　On May 4, the Las Vegas-based company said its staked ETH position stood at 4.36 million tokens, valued at $10.2 billion at ETHs average price of $2,336.　　The position represents more than 84% of BitMine‘s total ETH holdings and gives the company one of the largest visible corporate exposures to Ethereum’s validator system.　　BitMine said it held 5.18 million ETH as of May 3, equal to about 4.29% of Ethereums total supply. The company also reported 200 Bitcoin, $700 million in cash, an investment in Beast Industries, and a stake in Eightco Holdings, bringing total crypto, cash, and “moonshot” holdings to $13.1 billion.　　BitMine‘s Key Metrics (Source: BitMine)Ethereum’s treasury bet becomes a staking business　　BitMine said its staking operations are generating annualized revenue of about $297 million, based on a seven-day annualized yield of 2.91%.　　Chairman Thomas “Tom” Lee said projected annual staking rewards could reach $352 million once the companys ETH holdings are fully staked through MAVAN, its Made in America Validator Network, and other staking partners.　　The disclosure shifts BitMines Ethereum strategy from a balance-sheet-accumulation move to a recurring-revenue

05-06

AAVE Price Prediction: Oversold $93 Setup Eyes February Rally to $150+

AAVE trades at $93.12, deep in oversold territory with the token sitting 37% below its 200-day moving average at $147.38. The recent price action shows clear accumulation patterns despite surface weakness – daily volume remains robust at nearly $12 million on Binance spot while the Bollinger Band position indicates oversold rather than overbought conditions.　　Technical momentum has flattened with MACD showing neutral positioning and RSI hovering in the mid-40s, typical of consolidation phases before directional moves. The 24-hour trading range between $91.74 and $95.11 demonstrates tight institutional control, with buyers defending the $92 level and sellers capping rallies near $95.　　Critical Technical Levels　　Support crystallizes at $89.95, providing a logical risk management level for new positions. The lower Bollinger Band near $82.59 offers deeper technical support should broader market weakness persist. On the upside, resistance emerges at $94.91 where the 7-day moving average creates the first meaningful hurdle.　　The decisive battle zone sits between $96.69 resistance and the 20-day moving average at $96.71. A break above this cluster opens the path toward $110.84, representing the upper Bollinger Band and a potential 19% move from current levels. With daily Average True Range at $3.92, momentum shifts can generate significant percentage moves within trading sessions.　　Market Positioning

05-05

RWA SUMMIT Dubai Concludes, Marking a Defining Moment for Institutional Tokenization

Dubai reaffirmed its growing role as a global hub for digital finance on May 1, 2026, as RWA SUMMIT Dubai brought together regulators, institutional investors, founders, and infrastructure leaders at Uptown Tower (DMCC) for a full day of discussions focused on the real-world implementation of asset tokenization. The summit took place within the broader framework of RWA WEEK, a global initiative designed to connect emerging tokenization ecosystems and foster coordination between jurisdictions advancing regulatory clarity and institutional blockchain adoption.　　The Dubai gathering followed the momentum established earlier this year in Asia, where RWA SUMMIT Hong Kong demonstrated that real-world asset tokenization had moved decisively beyond experimentation. In Dubai, the tone of conversation reflected a similar maturity. Rather than debating theoretical use cases, participants focused on execution — regulatory readiness, capital deployment, interoperability between financial systems, and the operational challenges of bringing real assets on-chain at scale.　　More than 400 senior participants attended the summit, supported by over 1,500 ecosystem registrations representing financial institutions, venture capital firms, technology providers, policymakers, and asset issuers. The audience composition underscored the institutional shift underway across the industry, with decision-makers and capital allocators increasingly treating tokenization as infrastructure rather than innovation.　　The program opened with “The State of

05-05

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