Ethereum price tests $2,100 as oil, ETF pressure mounts

The Ethereum price pullback toward $2,100 has turned a short-term price correction into a broader test of the market‘s conviction in one of crypto’s largest assets.  Data from show that ETH has fallen nearly 10% over the past week, wiping out its May gains and bringing traders focus back to the $2,000 level.  This price performance came as selling pressure spread across spot markets, derivatives, and regulated investment products.  The weakness has left Ethereum price caught between two competing forces. In the near term, rising oil prices, exchange inflows, aggressive futures selling, and ETF redemptions have weighed on the token.  Over a longer horizon, supporters, including BitMine Chairman Tom Lee, say Ethereum‘s role in tokenization and agentic artificial intelligence remains intact, creating a sharper divide between the current price action and the asset’s structural investment case.  Iran conflict could push oil to $150 and crash Bitcoin up to 45%  If Hormuz disruption drags past week seven, bank models jump from “manageable” to $100 $125 $150 stress scenarios.  How oil pressure is weighing on the Ethereum price  Lee has placed the first part of Ethereums price decline outside crypto itself, arguing that oil has become the largest macro headwind for ETH.  The BitMine chairman said rising crude prices represent the

05-20

Ethereum Price Prediction: Holds Fib Support as Analysts Eye $15K Goal

Ethereum is holding a key support zone after bouncing from the 0.5 Fibonacci level and the green Gaussian Channel. At the same time, a long-term cycle chart shows ETH still inside an ascending channel, with analysts pointing to a possible move toward $15,000 if support holds.  Ethereum Price Holds $2,088 Fib Level as Gaussian Channel Turns Green  Ethereum price is testing a key support area after bouncing from the Gaussian Channel and the 0.5 Fibonacci retracement level on the daily Bitstamp chart shared by Sky on X.  The ETH/USD chart shows Ethereum trading near $2,129, close to the 0.5 Fib level at $2,088.8. This level now acts as the main support area for ETH after the recent pullback.  ETH/USD Daily Price Chart. Source:  The chart also shows the Gaussian Channel has flipped from purple to green. That shift usually marks improving trend conditions after a long bearish phase. ETH is now sitting near the lower part of that green channel, where the analyst marked a possible bounce area.  The last similar setup appeared in mid-2025. At that time, ETH bounced from the green Gaussian Channel and later climbed from around $2,100 to more than $4,900.  However, ETH still needs to hold above the $2,088 Fib level to

05-20

Metals Price Analysis Shows Gold and Silver Firm as Platinum Weakens

The analyst X charts also show a descending orange resistance line from previous highs. This creates a narrowing triangle-like setup, where price is getting squeezed between support and resistance.  Gold has not yet delivered a clean breakout. Instead, it continues moving sideways near the lower part of the structure. This shows hesitation, but the bullish case remains alive while the price holds above the rising trendline.  If gold breaks below that orange support, the setup could flip bearish. In that case, traders may look toward the lower horizontal support zone marked on the chart. However, a move back above the upper orange line would improve momentum and reopen the path toward higher resistance.  Silver Shows Stronger Position  Silver‘s chart looks slightly stronger than gold’s. Price has already pushed above its falling orange resistance line and is now trying to hold above that breakout area.  That matters since old resistance can become support after a breakout. Cooper said silver remains slightly bullish while it stays above the orange line. A retest of that area could attract buyers if the level holds.  The chart shows nearby resistance around the mid-$80 area, followed by higher levels near $88 and $94. A stronger move above those zones would give silver

05-20

SEC Plans Biggest IPO Overhaul in 20 Years as Stablecoin Supply Tops $300 Billion

The U.S. Securities and Exchange Commission has unveiled the most extensive overhaul of public listing rules in more than two decades, a package that could materially lower the bar for crypto firms eyeing a Wall Street debut. The proposal would let newly public companies tap shelf registrations immediately after going public — eliminating the roughly one-year waiting period — and remove the $75 million public float threshold tied to unrestricted shelf offerings. Officials framed the reforms as a way to reverse a multi-year decline in U.S. listings. For mid-sized digital asset firms such as Securitize and Kraken, the changes could trim compliance costs and shorten capital-raising cycles for Bitcoin-aligned issuers.  The Bank of England is intensifying its push into digital money infrastructure, with Deputy Governor Sarah Breeden positioning tokenization as a vehicle for lower payment costs, faster settlement and broader competition. Speaking at Londons City Week, Breeden said central bank money would remain the anchor of the monetary system even as tokenized deposits and regulated stablecoins gain ground. She floated a future in which consumers transact across traditional deposits, tokenized bank deposits, regulated stablecoins and a potential retail CBDC issued on a public blockchain rail. The BoE is simultaneously reviewing limits

05-20

XRP Slides Below $1.40 as Smart Money Exits, ETP Inflows Reach $67.6M, Warren Targets Trust Charters

Senator Elizabeth Warren has escalated her campaign against the Office of the Comptroller of the Currency, arguing that nine national trust bank charters granted to crypto-focused firms, including Ripple, Coinbase, Circle, Paxos, BitGo, Fidelity, Crypto.com, Stripe, and Protego, violate the National Bank Act. In a letter dated May 18 to Comptroller Jonathan Gould, Warren contended these approvals let companies operate as de facto banks while sidestepping core safeguards. She flagged business plans involving non-fiduciary custody, payment facilitation, and stablecoin issuance under the GENIUS Act framework, warning of risks to consumer protection and the wider U.S. banking system from this regulatory pathway.  On the technical front, XRP is hugging the lower boundary of a three-month rising channel after a coordinated exit by informed capital on May 17. The Smart Money Index crossed below its signal line, mirroring a late-April setup that preceded a roughly 7% drawdown. Compounding the weakness, the 20-day exponential moving average is on the verge of closing beneath the 50-day EMA, threatening the first bearish cross in months. With price sitting under 1% above channel support, a confirmed breakdown becomes the path of least resistance unless fresh on-chain demand materially absorbs the supply now being distributed by larger holders.  A

05-20

Trumps Truth Social Withdraws Bitcoin ETF Filing Amid $648M Outflow

Trump Medias proposed bitcoin ETF has been pulled from the U.S. Securities and Exchange Commission. The move comes after a big wave of outflows from spot Bitcoin ETFs, which saw combined withdrawals of $648.6 million on May 18.  Trumps Truth Social Files For Bitcoin ETF Filing Withdrawal  In its filing with the SEC on May 19, the proposed Bitcoin ETF (Truth Social) submitted a request to withdraw its registration statement, filed under Form S-1. The company “has determined to withdraw the Registration Statement and not to pursue the public offering at this time,” the filing said.  Trump Media‘s filing to the SEC’s Division of Corporation Finance and Office of Crypto Assets stated the registration statement has yet to be declared effective. Moreover, it confirmed that no securities have been sold in connection with the proposed ETF offering. In addition, the firm even ceased plans for its dual Bitcoin-Ethereum ETF.  The proposed fund was slated to be launched on Trump Media & Technology Groups new spot Bitcoin ETF platform, Truth Social. The firm had been aiming to be a player in the fiercely competitive U.S. spot Bitcoin ETF space. Nonetheless, it also withdrew the crypto blue chip ETF it applied for earlier this year.  BTC ETF

05-20

Ethereum Price Prediction: Is Sub-$2K Inevitable for ETH After Losing the 100-Day MA?

Ethereum  Ethereum Price Prediction: Is Sub-$2K Inevitable for ETH After Losing the 100-Day MA?  10 hours ago  Bitcoin Ethereum News  ;  }  function loadTrinityPlayer(targetWrapper, theme,extras=“”) {  cleanupPlayer(targetWrapper); // Always clean first ✅  targetWrapper.classList.add(‘played’);  // Create script  const scriptEl = document.createElement(“script”);  scriptEl.setAttribute(“fetchpriority”, “high”);  scriptEl.setAttribute(“charset”, “UTF-8”);  const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);  scriptURL.searchParams.set(“pageURL”, window.location.href1);  scriptEl.src = scriptURL.toString();  // Insert player  const placeholder = targetWrapper.querySelector(“.add-before-this”);  placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);  }  function getTheme() {  return document.body.classList.contains(“dark”) ? “dark” : “light”;  }  // Initial Load for Desktop  if (window.innerWidth 768) {  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),  });  }  }  // Mobile Button Click  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),  });  }  function reInitButton(container,html){  container.innerHTML = + html;  }  // Theme switcher  const destroyButton = document.getElementById(“checkbox”);  if (destroyButton) {  destroyButton.addEventListener(“click”, () = {  setTimeout(() = {  const theme = getTheme();  if (window.innerWidth 768) {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if(desktopWrapper.classList.contains(‘played’)){  loadTrinityPlayer(desktopWrapper, theme,  }else{  reInitButton(desktopWrapper,‘’)  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘  });  }  }  } else {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if(mobileWrapper.classList.contains(‘played’)){  loadTrinityPlayer(mobileWrapper, theme,  }else{  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,  });  }  }  }  }, 100);  });  }  })();  Ethereum remains under persistent selling pressure after failing to reclaim key resistance zones, with recent price action pointing to weakening bullish momentum and a growing probability of deeper retracement. The market is now testing critical support levels that could determine ETHs next major move.  Ethereum Price Analysis: The Daily Chart  Ethereum has extended its

05-20

Tor Project Launches Web3 Crowdfunding Drive as Checker Raises $8M for Stablecoin Rails

A coalition led by the Tor Project has launched its first Web3 crowdfunding campaign aimed at supporting censorship-resistant digital infrastructure. Beginning May 19, the initiative will channel funds to 10 nonprofit projects spanning privacy tools, secure communications, and public-interest digital infrastructure. Contributors can donate in Bitcoin, Ethereum, Zcash, Monero, and Golem. Organizers structured the drive alongside Funding the Commons to direct community-driven capital toward developers building tools that protect free internet access. The launch arrives at a moment when more than half the worlds population faced internet shutdowns or systemic censorship in 2025, according to advocacy researchers tracking digital rights.  Stablecoin infrastructure startup Checker has closed $8 million in combined pre-seed and seed funding, with Galaxy Ventures, Al Mada Ventures, and Framework Ventures anchoring the round. The company offers a unified API that helps financial institutions launch and scale stablecoin products, addressing liquidity fragmentation and compliance overhead that have slowed institutional adoption across the DeFi stack and traditional payments. Additional backers included Bitso, Airtm, DFS Lab, Onigiri Capital, SNZ Capital, and Velocity, alongside angel investors such as Mesh CEO Bam Azizi and Tala CEO Shivani Siroya. Checker now serves more than 30 regulated clients and plans to expand across Brazil, Kenya,

05-20

SEC Innovation Exemption to Allow Tokenized Stock Trading

The U.S. Securities and Exchange Commission (SEC) is reportedly preparing to issue an “innovation exemption” that would allow tokenized stock trading on blockchain platforms, according to sources cited by Bloomberg. This move could enable decentralized venues to trade shares of public companies like Nvidia (NVDA), Apple (AAPL), and Tesla (TSLA) alongside traditional stock exchanges. The exemption may be finalized as early as this week.  The plan, spearheaded by SEC Commissioner Hester Peirce, reflects growing interest in blockchain technology as a solution to inefficiencies in traditional trading and settlement processes. It also marks a significant shift in the SECs historically cautious stance toward tokenized securities. The exemption could open the door for limited experimentation under strict oversight, enabling firms to explore the potential of tokenized stocks while adhering to securities laws.  Whats Changing?  The innovation exemption would allow third parties to tokenize and trade the stocks of public companies without requiring issuer consent, provided the tokenized versions retain the same shareholder rights, such as voting and dividends. Failure to meet these criteria could result in delisting. The SEC reportedly consulted with hundreds of market participants to refine the framework.  While the details remain fluid, the exemption is expected to run for a trial period of

05-20

House Republicans seek indefinite block on U.S. CBDC plans

Republican lawmakers in the U.S. House have pushed to turn a temporary restriction on a central bank digital currency into a permanent ban as Congress prepares to vote on a major housing bill later this week.House Republicans have pushed to make the proposed U.S. CBDC ban permanent in the revised 21st Century ROAD to Housing Act.Representative Warren Davidson said the Senates 2030 expiration date could create a future pathway for a Federal Reserve-issued digital dollar.House Majority Whip Tom Emmer has continued urging the Senate to pass his Anti CBDC Surveillance State Act after it cleared the House earlier this year.  According to Congressman Mike Flood, House lawmakers revised the Senates version of the 21st Century ROAD to Housing Act to remove what he described as a “backdoor green light for a CBDC” by making the prohibition indefinite rather than allowing it to expire in 2030.  The Senate Banking Committee first introduced the housing package in March as a sweeping reform bill focused on housing supply, affordability programs, mortgage access, and manufactured housing rules. Senators Tim Scott and Elizabeth Warren led the legislation, which later advanced through the Senate with an 84 to 6 bipartisan procedural vote.  Buried within the housing proposal was a

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