In the rapidly evolving realm of cryptocurrency , data visibility is frequently extolled as a central principle. Nevertheless, when it pertains to one of the most vital indicators in tokenomics—the circulating supply—things are still not very clear. Numerous traders and speculators count on figures from sites such as CoinGecko or CoinMarketCap, believing them to be accurate representations of how many tokens are truly in circulation. The Honest Tokenomics team, however, has some serious doubts. The space between perception and reality can have serious consequences for investment choices, token valuation, and project credibility. To give you an idea of the gravity of the situation, let’s unpack the difference between ‘unlocked supply’ and ‘circulating supply’; and to understand why this is especially critical right now, let’s look at a real-world example: $CONX. Understanding the Two Types of Supply This matter revolves around two distinct metrics of supply: unlocked supply and circulating supply. They might appear to be the same, but they narrate entirely different tales. Released supply refers to the number of tokens that have been issued according to the vesting schedule laid out in the project’s whitepaper. These tokens are liquid—they are no longer locked by smart contracts or other restrictions. However, just because tokens are released doesn’t mean they’re actively being traded or held by the public. This category often includes tokens allocated for foundation, team reserves, or marketing efforts, as well as staking rewards. While these tokens are “available,” they might still be held by insiders or entities with no immediate intention to sell. On the other hand, circulating supply should be understood as the number of tokens actually in the hands of the market—tokens that are tradable and, ideally, in active use. Here’s the catch, though: Unlike real public companies, blockchain projects have no legal obligation to disclose anything to anyone. So Circulating supply figures are often self-reported by project teams to data aggregators like CoinGecko. This means the accuracy of this number depends largely on how diligent and transparent the teams are in maintaining their own data. The $CONX Case Study: A Cautionary Tale To show how this difference works out in real time, let’s consider $CONX, a token that has lately drawn attention for its supply data mismatch. The project’s whitepaper and vesting documents indicate that more than 62 million $CONX tokens are currently unlocked. This should imply that a serious amount of liquidity actually exists, likely in team wallets, foundation reserves, or designated ecosystem funds. What’s the real circulating supply of a token? The truth is, nobody really knows, sometimes not even the team themselves. That’s why our team is laser-focused on revealing the supply truth. If you've looked at $CONX lately, you might’ve seen two numbers: • Unlocked Supply •… pic.twitter.com/rxE9uwsMoq — Tokenomist (prev. TokenUnlocks) (@Tokenomist_ai) May 13, 2025 However, if you examine the circulating supply figures on CoinGecko, they indicate only about 1.15 million tokens—a total that appears not to have budged in many months. This glaring gap—over 60 million tokens—isn’t just a technicality. It has real implications for anyone assessing the token’s market cap, liquidity, and risk profile. If an investor mistakenly thinks that only 1.15 million tokens exist in the market, they might make decisions based on a misguided understanding of the token’s market cap or price volatility. Meanwhile, the truth is that tens of millions of tokens could become active any time now. It’s not to say the team behind $CONX is trying to mislead investors. Sometimes teams don’t update the circulating supply figures very often, and sometimes they take a more conservative approach and only count tokens that are actively distributed. But without the circulating supply number being up-to-date and accurate, market participants are left to guess and make decisions that sometimes aren’t very informed. Why Supply Transparency Matters Comprehending token supply is more than merely an academic exercise—it is a foundation of robust investment analyses. The supply side of unlocked tokens sheds further light on a project’s token dynamics. But it is by no means the sole or even the primary tool used to investigate such matters. Supply and demand, the twin pillars of all economic analysis, also underpin the way we think about unlocked tokens. And even though we use them in the context of the Investable Universe, these are economic tools of general applicability. The circulating supply that is reported can still be a very useful and helpful snapshot to have—especially when it is maintained and audited carefully. That said, it should never be taken at face value. The perception of the market can be distorted, as was the case with $CONX, by reported figures that are just old or incomplete. And that, of course, is risky business for investors. Ultimately, what the crypto community needs is more openness and uniformity concerning supply reporting. In its absence, the savvy investor must look beneath the surface. This entails digging into not just the obvious metrics of a token’s price and its trading volume but also into such less-frequently-discussed matters as the schedules by which the token is unlocked, how the token’s initial supply is distributed, and the timeline along which its remaining (and presumably locked-up) supply will come onto the market. When it comes to supply metrics, not seeing certain things can be harmful. You must be able to see all the critical supply metrics to be adequately regulated. Any blind spots in your visibility can lead to bad decision-making. And poor metrics can lead to making poor decisions—such as not being able to spot problems in the supply chain before they become real problems. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
The rapidly evolving area of Bitcoin-based decentralized finance (BTCFi) has emerged as a new frontier in cryptocurrency, and leading that frontier is one blockchain in particular: Sui Network. Today, an ecosystem of Sui has been formed with more than 2,700 BTC—amounting to approximately $300 million in total value locked (TVL)—bridged to it. From where I sit, that’s a happening DeFi platform. The rising activity of BTCFi in Sui clearly shows the climb of Sui as a developer, investor, and user-friendly destination for sophisticated financial instruments built around Bitcoin. The Sui ecosystem now supports many such instruments, from Bitcoin liquid staking to decentralized lending. What makes them and the ecosystem so special? We tried to find out. Why Sui is Built for BTCFi Sui prioritizes speed, efficiency, and scalability, offering infrastructure particularly tuned to Bitcoin. It has one core feature and just two others: 1. Parallel execution. This is the big one. With most blockchains, if you have a bunch of transactions that absolutely must be processed together, they can only be processed one after the other. Three cheers for the first three transactions in line and the next three in line after those! But if your transactions can be processed in parallel, then a whole bunch of them can be handled at once. This is a big boost for Sui, because in practice, a lot of BTC transfers can be handled in this way and don’t need to be sequenced. Another significant function is trustworthy interoperability that’s not reliant on a centralized authority. This allows for sufficient and secure transference of Bitcoin into the Sui ecosystem, in a manner that doesn’t require (or permit us to rely on) a large amount of centralized custody. This reduces security risks and is much more in line with the decentralized ethos of Bitcoin and DeFi. On Sui, the management of BTC assets benefits from the added safety and performance offered by Move smart contracts. These smart contracts underpin a wide array of decentralized financial services, high-reliability services that range almost to the limit of what can be imagined in terms of lending, borrowing, and just-plain-finance. Sui also provides exceptional capital efficiency, which enables Bitcoin holders to carry out a diverse array of yield-generating activities—staking and lending, for instance. This presents unprecedented opportunities for users to make their BTC holdings perform in progressively inventive and increasingly flexible fashions. The BTCFi Supply Breakdown on Sui The Bitcoin Financial ecosystem on Sui has an assorted arrangement of Bitcoin-pegged assets, which increasingly lets it show the maturity and depth it has. Right now, three key assets are in charge of most of the supply: BitGo’s wBTC accounts for 38.52% of BTC on Sui. It is a well-known and well-trusted wrapped Bitcoin asset, and it is frequently used to bring liquidity into DeFi. 38.11% of the supply is held by stBTC from Lorenzo Protocol. This asset supports staking features, allowing users to earn yield on their BTC. Lombard Finance’s LBTC accounts for 23.30% and is a newer, more innovative use of Bitcoin liquidity and usage in DeFi. This distribution indicates a pleasing equilibrium between regulated expressions of wrapped BTC and bleeding-edge setups that aim to realize, in full, the unrealized potential of Bitcoin in DeFi. A Thriving Ecosystem Driving BTCFi Innovation The BTCFi space is not just technically strong; it is also backed by a community of varied protocols and partners of diverse sorts. Together, these two groups give Suis an awful lot of positive momentum. The network’s foundation lies in its infrastructure platforms, such as babylonlabs_io, ikadotxyz, redstone_defi, axelar, and LayerZero_Core. They allow for secure communication across the network’s many chains and enable efficient data flow from one part of the network to another. In the successful integration of Bitcoin with Sui’s DeFi protocols, this network inside the next work plays a crucial part. When it comes to liquid staking and restaking, companies like Lombard Finance, FunctionBTC, and Satlayer are nearly uncharted territory for the average Bitcoin user. FunctionBTC is a project that uses Bitcoin to create computational proofs that secure the Bitcoin network, and it offers yield for doing so. Lombard Finance and Satlayer both use Bitcoin as collateral to create staking derivatives that help users earn yield. Yet, the average Bitcoin holder will find it difficult to access any of these seemingly straightforward yield-generating services. Cubistdev, Phantom, Backpack, Suiet_wallet, and Wallet are not custodians of BTCFi, but they help us operate it. They are safe, reliable, and user-friendly. None of them would make the custodial mistake of holding user assets on their behalf. Please do not ask them to. Sui’s DeFi offerings keep broadening with applications such as goNativeCC, suilend protocol, navi_protocol, AftermathFi, bluefin app, Cetus Protocol, and Scallop_io. They deliver services like these: – goNativeCC: Decentralized trading. – suilendprotocol: Decentralized lending. – navi_protocol: Asset management. And there are more applications to El Salvador Protocol! Looking Ahead Positioning itself as a key player in the BTCFi movement, Sui Network has nearly $300 million in total value locked, and a rapidly growing ecosystem. With a combination of innovative technology, and assets as diverse as their community-driven development, they have a strong foundation for continued growth. With an uptick in acceptance and a corresponding inflow of BTC into its network, Sui looks to be stepping to the forefront of the next phase of Bitcoin’s DeFi evolution, providing a safe and scalable abode for BTC-centric financial applications. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
The post XRP News: Why Did Ripple’s President Meet With UAE Officials? appeared first on Coinpedia Fintech News Ripple President Monica Long recently met with UAE officials at the Dubai Fintech Summit. With big plans to boost blockchain and fintech, this move puts Ripple—and the region—right at the center of the digital finance revolution. Emirates CEO Sheikh Ahmed bin Saeed Al Maktoum met with leaders from Kotak Mahindra, Ripple, and Bolt at the event, exploring ways to discuss collaboration and innovation in the fast-growing fintech space. There were over 9,000 attendees, including CEO’s, investors, policymakers, and innovators from more than 120 countries. Dubai’s D33 Plan: Growing into a Top Financial Hub The meeting centered around Dubai’s D33 plan to become a top 4 global financial hub, targeting AED100 billion in yearly digital revenue by 2033. The role of DIFC was also discussed as a key gateway for global financial institutions, and the strategies of leading institutions like Kotak Mahindra Bank’s push for digital expansion were also touched upon. With a fresh DFSA license , Ripple is now set to power cross-border payments in the UAE, tapping into a $400 billion market. Ripple is already serving 20% of its customer base from the Middle east. Our President @MonicaLongSF had the honor of meeting with His Highness Ahmed bin Saeed at @DubaiFintechSum . We continue to be impressed with the leadership demonstrated by Dubai as it establishes itself as one of the world’s leading hubs for digital assets. https://t.co/w9pd0cq1y7 — Ripple (@Ripple) May 14, 2025 Ripple continues to solidify its presence in the UAE by building strong partnerships for the future. Last year, Ripple made a big collaboration with the UAE’s International Financial Center (DIFC) in 2024. Ripple believes that this partnership will speed up blockchain and crypto adoption among startups. CEO Brad Garlinghouse has also called XRPL the region’s top blockchain tech. UAE’s Growing Role in Global Innovation Ripple has secured over 60 global approvals, including from major regulators like Singapore’s MAS and New York’s DFS. DIFC CEO Arif Amir praised the UAE’s role in supporting innovators like Ripple, as it works to connect East and West in the fintech space. As per a report from Reuters, the UAE has signed a massive 10-year $1.4 trillion investment deal with the US, which will substantially increase the UAE’s existing investments in the U.S. economy.
Pi Network has experienced a significant price drop of 30%, occurring despite the recent announcement of long-awaited ecosystem developments. This unexpected downturn has surprised many within the Pi Network community. Ecosystem Announcement Fails to Boost Price The announcement, which was expected to positively influence Pi’s value, appears to have had the opposite effect. The market’s … Continue reading "Pi Network Price Declines Despite Ecosystem Update" The post Pi Network Price Declines Despite Ecosystem Update appeared first on Cryptoknowmics-Crypto News and Media Platform .
The zero-knowledge (ZK) ecosystem keeps on extending its influence in the blockchain domain, and Starknet is appearing as a key leader in this transformation. In a striking reflection of its maturing infrastructure and the increasing attractiveness of ZK rollups, Starknet has recently left zkSync behind in both total value locked (TVL) and on-chain activity, securing its position as one of the most vibrant Layer 2 networks on Ethereum. Starknet has experienced rapid growth, forming new partnerships and sharpening its focus on cross-chain innovation, so that it is now ranked 5th on the Layer 2 leaderboard. It is steadily pushing ZK rollups toward dominating their optimistic counterparts. TVL Surge Highlights Ecosystem Growth Starknet’s ascent in the crypto space seems assured, as its total value locked (TVL) has shot up by 42% just in the last month. With these numbers, it’s safe to say that new capital is pouring into the ecosystem, and not just for speculative purposes. That said, Starknet’s users are also finding a way to meaningfully interact with the system across a nice range of decentralized applications (dApps). The increase in worth secured on the platform demonstrates vigorous developer engagement, an augmenting number of liquidity pools, and a diversifying user base taking advantage of the speed and scalability afforded by ZK technology. Starknet’s edge comes from its capability to execute a massive number of transactions at high speeds and low costs while still maintaining a level of security equivalent to that of Ethereum, thanks to validity proofs. This is comforting to both builders and investors. Starknet has surpassed zkSync @Starknet is currently ranked 5th on the L2 leaderboard. It is leading the charge for ZK Rollups to overtake Optimistic Rollups. Starknet’s TVL has also increased by 42% over the past month. We're making a comeback pic.twitter.com/1mDLOHHx6r — thannhn.eth (@thann199) May 14, 2025 Currently, it outperforms zkSync, another leading player in the ZK rollup category, and holds a strong position in the zero-knowledge space. That makes Starknet the ZK rollup leader, opening up the opportunity for it to make the case that ZK rollups are the future of Layer 2 scaling. Bitcoin Enters Starknet via LBTC Integration In yet another landmark development, Starknet revealed a strategic collaboration with Lombard Finance to integrate LBTC—a liquid-staked version of Bitcoin—into the Starknet ecosystem. LBTC, which is backed 1:1 by native Bitcoin, provides Starknet users with a decentralized and secure way to use their Bitcoin within the DeFi landscape. Starknet is an Ethereum Layer 2 solution that uses zero-knowledge proofs to provide scaling and privacy. It is developed by an Ethereum-based company called StarkWare. The same company was instrumental in the development of Zcash—an alternative to Bitcoin. So, what’s next for Starknet? Concurrently with this strategic LBTC collaboration, Starknet is expected to announce quite a few more partnerships and projects. This merger is a momentous stride in the direction of truly and usefully marrying Bitcoin and Ethereum. Starknet’s next major step should be to allow DeFi protocols to use Bitcoin’s superior liquidity when not working with it on Ethereum. At that point, Starknet’s protocols will also be able to expand their work with the on-chain financial activities going by the name of Bitcoin. Starknet would then be taking advantage of the superior liquidity that Bitcoin has on Bitcoin’s terms. LBTC’s introduction aligns with Starknet’s long-term vision. This vision is to create a unified platform where assets from both Bitcoin and Ethereum can thrive together. With this integration, Starknet isn’t just strengthening its DeFi offerings. Rather, it is laying the groundwork for a truly interoperable blockchain ecosystem. ZK Rollups Poised to Overtake Optimistic Counterparts Starknet is moving up in the ranks, and it’s contributing to a much bigger story within the Layer 2 scaling space: we now have ZK rollups. Although optimistic rollups like Arbitrum and Optimism have enjoyed some initial success, zero-knowledge rollups are increasingly seen as the long-term, more scalable, and secure solution. ZK rollups provide quicker finality, shorter withdrawal times, and much stronger security guarantees by default. The performance and capabilities of Starknet place it at the cutting edge of this shift, and its rapid climb up the L2 leaderboard makes clear that users and developers are starting to pay attention to these benefits. As ZK technology becomes more approachable and effective, Starknet is pushing toward an even more “robust and scalable” Ethereum, per the project. Its ability to “handle not just the trivial contracts, but also the complex ones” is something that sets it apart in the “Layer 2” landscape, according to the Starknet team. Conclusion Starknet’s combination of technical innovation, ecosystem expansion, and cross-chain collaboration has made it a standout in the current wave of L2 development. Surpassing zkSync, rapidly growing its TVL, and facilitating new use cases with Bitcoin through LBTC, Starknet is not just keeping pace—it’s helping define what’s next for decentralized finance and multi-chain scalability. As ZK rollups continue to gather momentum in the current crypto scene, Starknet is well-positioned to be at the center of the next phase in the clear and clean evolution of Monero. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
The AI agent market mounted a remarkable comeback over the preceding 24 hours, with renewed momentum evidenced in the rising capitalization of the market and expanding mindshare—especially within the Virtuals ecosystem. Even as the price of $VIRTUAL took a slight step back, investor confidence is clearly through the roof, with the principal drivers of this newfound surge being strong volume growth and stunning performances by the leading agents across the platform. AI Agent Market Climbs to $11.68B Amid Renewed Optimism A notable recovery in the AI sector saw the total market cap for AI agents surge up 6.64% within a single day; the latest figure reports it at $11.68 billion. That one-day recovery places the AI agent sector right beside crypto and stocks when it comes to recent investor enthusiasm, as it marks one of the strongest returns seen in recent weeks. And if you’re looking for a reason for that optimism, an array of institutional interest in this niche may just be the fuel. The heart of this surge embodies the growing influence of Virtual agents, which now grasp 35.29% of the total market mindshare. This represents a 3.85% increase since yesterday, pushing the total tracked value of the Virtuals ecosystem to $2.49 billion. This impressive share, however, deceptively masks the fact that the ecosystem’s overall market cap dipped slightly by 2.54%, suggesting a redistribution of capital among agents rather than a fundamental loss in value. The ecosystem’s native token, $VIRTUAL, had a closing price of $1.9914 that reflects a slight dip of 0.62%. However, this token price dip is in contrast to several broader growth metrics. For instance, engagement with the VIRTUAL ecosystem’s agents has been steadily on the rise, and market activity has seen a nice uptick. Both of these are good signs for the ecosystem, and they make the most recent token price dip look more like a temporary pullback than anything with real structural significance behind it. Top Performers Lead Market Momentum Taking a more individual-centered approach to AI agents shows where the most aggressive growth is occurring. Several star performers have stepped to the forefront over the last 24 hours, each posting double-digit gains in market cap: genset, Parrot, and OCC. VCTRAI (@Aigent_Victoria) was the day’s top gainer, skyrocketing by an incredible 70.66%. Its performance indicates a possibly robust investor reaction to some recent news or utility expansion within its model. TIBBIRb(@ribbita2012) trailed with a gain of 32.23%, continuing a several-day streak where they’ve been moving upward. The cause of this seems to be some partnerships they’ve formed recently, or maybe just the market getting behind them. 1000X (@1000xAgent) rose 25.02%, showing that there is burgeoning confidence in high-volatility agents that are intended for exponential upside. MUSICb(@MusicByVirtuals), a creative AI agent known for its generative audio capabilities, surged 22.41%. VAIN (@vainguard_ai) put up a robust 13.11% gain, as it keeps making headway in the field of strategic coordination with AI. Virtuals Daily Update | May 14th, 2025 Stay up to date on all news from the @virtuals_io ecosystem over the last 24 hours… pic.twitter.com/kwLIW7cfRU — Graeme (@gkisokay) May 14, 2025 These gains demonstrate that, even with slight price declines in the wider Virtuals ecosystem, concentration and resources are flowing toward top-tier agents—those with clear, compelling stories and engaged user communities. Virtuals Coordination and Mindshare Lead the Next Phase The Virtuals ecosystem—now responsible for over a third of the AI agent market’s total mindshare—is clearly on the upswing. If mindshare were to somehow convert to a coordinated phase of development among Virtuals-native agents, the market for such agents might also begin to grow. Token prices fluctuate, but the volume of engagement and the attention that is paid to us are much more reliable indicators. And what might those reliable indicators be saying at this point? It’s this: Virtuals agents are not only gaining serious traction but are, in fact, becoming essential infrastructure in the evolving AI narrative. As agents like VCTRAI and MUSIC obtain breakout momentum, the next phase for Virtuals may focus on integrating these high-mindshare agents into larger, collaborative AI ecosystems. Expect deeper interoperability, improved agent composability, and some more robust, proactive coordination strategies in the week or two ahead. The token price in the Virtuals ecosystem may have taken a brief dip, but the basic metrics of mindshare, volume of agents, and performance of leading agents tell a much clearer and more bullish story. As the sector for AI agents continues to grow and mature, Virtuals is clearly leading the way in decentralized AI innovation. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
In a notable sequence of transactions and upgrades, Uniswap —one of the largest decentralized exchanges in the crypto space—transfers significant amounts of UNI tokens from long-term holders to centralized exchanges. At the same time, this platform makes great strides towards enhancing user experience with a new feature: one-click swaps. Users now can execute swaps with a single click, thanks to the EIP-5792 support that is part of Ethereum’s “Pectra” upgrade. Over $82 Million in UNI Moved to Coinbase Prime by Early Holders Investigations into blockchain activity have shown that two investor or institutional addresses associated with the UNI token have moved a combined total of 11.652 million UNI tokens from the Uniswap protocol to Coinbase Prime. Given the current price of the UNI token, that amounts to roughly $82.38 million. What’s notable is not just the size of the transfer, but the identities of the addresses involved—both of which are believed to be long-term holders of the token with early allocations. 在 Uniswap 基金会地址的 43.7 万枚 UNI 流入币安后。 25 分钟前，2 个在 2020 年 9 月从 Uniswap 得到 $UNI 分配的投资人/机构地址一共将 1165.2 万枚 UNI ($82.38M) 转进 Coinbase Prime。 而这跟半个月前 900 万枚 UNI 转进 Coinbase Prime 所使用的充值地址是同一个，所以这些 UNI… https://t.co/i2NuszkySa pic.twitter.com/m14sav3yBa — 余烬 (@EmberCN) May 14, 2025 The same Coinbase Prime recharge address was used for this movement just half a month ago to deposit another 9 million UNI tokens. The repeated use of this address suggests that these holdings may belong to a single investor or institution that is consolidating or liquidating positions. This comes just a short while after another notable transfer—437,000 UNI were shifted from the Uniswap Foundation’s address to Binance a mere 25 minutes earlier, swelling the amount of UNI moving into centralized platforms. The timing, so close to that of another notable transfer, and the substantial volume of tokens involved are making Uniswap users and other observers in the DeFi and trading communities curious about the Foundation’s intentions and potential uses of Uniswap as a market-making tool. One-Click Swaps Go Live with EIP-5792 Support Although main UNI holders seem to be changing their positions, Uniswap is continuing to upgrade the platform with some important user experience upgrades. The platform has now officially introduced what they are calling “one-click swaps” on the web interface of the protocol. An upgrade that is now available to “smart wallets” that also support EIP-5792. This is a big deal. I mean, anything that can simplify how users interact with DeFi protocols is a step in the right direction. Uniswap Introduces One-Click Swaps for Smart Wallets with EIP-5792 Support! @Uniswap has rolled out one-click swaps on its Web App, now live for smart wallets compatible with EIP-5792—bringing faster transactions, lower gas fees, and a streamlined user experience. Thanks to the… pic.twitter.com/aHdTvXOKrF — Crypto Miners (@CryptoMiners_Co) May 14, 2025 Thanks to Ethereum’s recent Pectra upgrade that afforded widespread compatibility with EIP-5792, users of Uniswap can now enjoy a far more streamlined transaction process. The main enhancement comes from merging the approvals required to undertake a token swap and the execution of that swap into one single-step command. For the most part, and for some tokens especially, users had to interact with two different interfaces to get EIP-5792-compatible tokens to behave in a way that would allow them to swap those tokens for other tokens. Doing this in two parts meant more prompts and more gas fees. This shift mirrors a wider trend across the industry to make DeFi more accessible and user-friendly. And for the typical user of this kind of protocol—especially one who might not be so experienced with crypto or smart contracts—the implications of these improvements are pretty significant. “When you break down the protocol and the permission steps, you can see how first-time users and even some experienced users might be stumbling, losing a lot of time and patience, and consequently not achieving a reasonable amount of frictionless success that they had hoped for,” said Alex Wearn, co-founder and CEO of 0x. What It Means for Uniswap and the DeFi Market These events converged—large amounts of UNI were sent to exchanges, and significant technical upgrades were rolled out—to put the spotlight on Uniswap. It now seems clear that this decentralized exchange is evolving into something more appropriate for realms inhabited by both retail and institutional users of digital assets. Some people might prefer a centralized exchange, with familiar trading options, but Uniswap is the first truly decentralized alternative that operates similarly to a centralized exchange. The UNI transfers in question raise concerns about the true nature of these transactions. Are early investors making ready to exit the market, as they anticipate further regulatory or macroeconomic developments that could impact their investments? Or could these transfers be part of a larger set of activities that include providing liquidity for the market, entering into various partnerships, or managing the treasury? These questions don’t have clear answers, but they raise some significant issues for the appearance of the market and the price movements that might happen. Conversely, the one-click swap feature that is based on EIP-5792 puts Uniswap right at the tip of DeFi innovation. Using the latest technical advancements of Ethereum, the platform is making a sharp push in the race to create a decentralized trading experience that is quicker, cheaper, and more friendly to the user. Combined, these appearances and conversations capture a defi that is working, engaging a mix of institutional and individual users around a set of tools that, increasingly, feel ultra-efficient and far less risky than even a year ago. Uniswap is at the heart of this dialogue. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
A recent dip in Bitcoin’s long-term holder supply may be flashing early warning signs of a potential market top, according to on-chain data from Glassnode. In a May 14 post on X, the analytics firm noted that LTH supply, which includes wallets holding Bitcoin ( BTC ) for at least 155 days, peaked at 14.29 million BTC after rising from 13.66 million BTC in mid-March. However, that figure has recently declined for the second time this month. Meanwhile, LTH spending, which tracks coins moving out of long-held wallets, has increased to 0.43, a level that historically tends to front-run local tops in price. #Bitcoin 's LTH supply rose from 13.66M $BTC in mid-March to 14.29M $BTC , but recently ticked down again for the second time in May. LTH spending has also picked up to 0.43. These inflections can escalate quickly, often front-running local market tops – worth watching closely. pic.twitter.com/xqN0MkiOWS — glassnode (@glassnode) May 14, 2025 Some analysts agree that Bitcoin may be headed for a reversal. WhaleWire analyst Jacob King argued that Bitcoin is forming a double top, a traditional pattern that has signaled the end of every significant bull cycle, in a May 15 post shared with his 520,000 followers on X. King claims that insider manipulation and Tether inflows are artificially maintaining the rally rather than it being driven by natural demand. He cautioned that the market is about to crash and is dangerously overvalued. Bitcoin’s recent surge is completing a double top — a pattern that has occurred at 100% of its major market cycle peaks. It’s a clear signal: the bear market is beginning. While retail sheep convince themselves that hovering above $100K is due to mythical institutional demand or… pic.twitter.com/1NpbFOuymF — Jacob King (@JacobKinge) May 15, 2025 You might also like: Fresh Bitcoin inflows amid rising realized cap suggest bullish trend will continue: Bitfinex After a 32% decline earlier this year, Bitcoin saw a significant rebound, rising from about $94,000 at the beginning of May to a high of $105,747 on May 12. Institutional players have been driving this rebound. On May 12 alone, Strategy added $1.34 billion worth of BTC, bringing its holdings to nearly 569,000 BTC. Japan’s Metaplanet also increased its stash by 1,241 BTC, now totaling to 6,796 BTC. Bitcoin spot ETFs, on the other hand, have attracted $1.94 billion in net inflows over the past month, according to SoSoValue data . Despite potential short-term retracements, particularly if retail investors begin to capitulate, the broader picture remains bullish. According to Santiment , institutions now hold around 68% of the total supply, with little sign of selling. The recent data suggests a potential short-term pullback if retail sentiment weakens. However, since institutions are still buying Bitcoin and ETFs are purchasing about 5,000 BTC every day, Bitcoin might soon find support , paving the way for more growth after profit-taking has subsided. Read more: Semler Scientific outpaces Bitcoin giants with 22.2% YTD BTC yield despite Q1 loss
XRP price extended gains above the $2.60 zone. The price is now correcting gains from $2.65 and might find bids near the $2.480 zone. XRP price started a fresh increase above the $2.550 zone. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2.550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it stays above the $2.480 support. XRP Price Corrects Some Gains XRP price remained supported above the $2.420 level and started a fresh upward wave, like Bitcoin and Ethereum . The price was able to surpass the $2.50 and $2.550 levels. The bulls pushed the price above the $2.60 resistance zone. Finally, it tested the $2.650 zone. A high was formed at $2.650 before there was a pullback. The price dipped below $2.550 and the 50% Fib retracement level of the upward move from the $2.4220 swing low to the $2.650 high. Besides, there was a break below a key bullish trend line with support at $2.550 on the hourly chart of the XRP/USD pair. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.550 level. The first major resistance is near the $2.580 level. The next resistance is $2.60. A clear move above the $2.60 resistance might send the price toward the $2.650 resistance. Any more gains might send the price toward the $2.720 resistance or even $2.750 in the near term. The next major hurdle for the bulls might be $2.880. More Losses? If XRP fails to clear the $2.580 resistance zone, it could start another decline. Initial support on the downside is near the $2.510 level and the 61.8% Fib retracement level of the upward move from the $2.4220 swing low to the $2.650 high. The next major support is near the $2.480 level. If there is a downside break and a close below the $2.480 level, the price might continue to decline toward the $2.450 support. The next major support sits near the $2.420 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.510 and $2.480. Major Resistance Levels – $2.60 and $2.650.
Pi Network’s native token PI has plunged more than 30% in the past 24 hours, trading at $0.8405 at press time despite a major ecosystem development. On May 14, the Pi Foundation announced Pi Network Ventures, a $100 million fund to support startups that build real-world utility and drive adoption. As earlier reported by crypto.news, the initiative will function similarly to a typical venture capital firm in Silicon Valley. The fund will focus on startups in generative AI, gaming, FinTech, e-commerce, and social media platforms, in addition to blockchain-native companies. According to the Pi Foundation: “Pi Network Ventures plans to support not only blockchain-native startups, but also a wide array of businesses in generative AI, gaming platforms, FinTech, ecommerce, embedded payments, marketplaces, social networks, and other real-world applications.” Despite the scale of the announcement, the market’s reaction was muted, and in fact, negative. Pi Network ( PI ) slid from a daily high of $1.30 to a low of $0.8552 before settling near $0.92, a nearly 30% drop. You might also like: A 90-year-old theory suggests the Pi Network price may surge soon The sharp drop suggests that the news may have missed market expectations. Traders possibly anticipated a major exchange listing, which could have brought real liquidity and price discovery. Instead, with no listing announcement, some investors may have viewed the fund launch as underwhelming or already priced in, triggering a “sell the news” reaction. Technical indicators show a neutral to bullish bias. PI is trading above important moving averages, including the 50-day SMA and the 10-day EMA, which both indicate buy signals. While the relative strength index at 57.24 is neutral and indicates market indecision, the moving average convergence divergence points to a short-term bullish potential. Pi Network price analysis. Credit: crypto.news If PI holds above support at $0.85, there may be a brief recovery toward $1.10. On the other hand, PI might retest the $0.74 support area if it drops below $0.85. For now, the market appears to be digesting the announcement, with short-term traders rotating out, even as the project continues building. Read more: Pi Network, what’s in store for 2025?