Sonic ends its 5-year partnership with Wintermute, revealing a token sale to return loaned funds after the market maker’s $857,000 dump. Wintermute’s token dump led to a 5.8% drop in
Investor sentiment in the Bitcoin market strengthens as ETF inflows surge, signaling resilience amid ongoing macroeconomic challenges. Despite Bitcoin’s struggle to maintain levels over $105,000, the current institutional interest indicates
Ripple's legal setback involves procedural issues, not affecting prior gains. Ethereum's price is battling formidable resistance, impacting wider altcoin trends. Continue Reading: Ripple’s Legal Twist and Digital Currency Price Insights Rock the Market The post Ripple’s Legal Twist and Digital Currency Price Insights Rock the Market appeared first on COINTURK NEWS .
Key takeaway: Bitcoin’s struggles to overtake the $105,000 level as US macroeconomic headwinds remain a challenge. Steady inflows from institutional investors and the strength of the $100,000 support point to growing confidence in Bitcoin. Bitcoin ( BTC ) has struggled to break above $105,000 since May 10, leading traders to question whether the bullish momentum has faded. Although BTC managed to reclaim the $104,000 level, demand for leveraged long positions has dropped sharply, as indicated by the decline in the Bitcoin futures premium. Bitcoin 2-month futures annualized premium. Source: laevitas.ch On May 14, the annualized Bitcoin futures premium peaked at 7%, but then fell to 5%, which is near the neutral-to-bearish threshold and matches the level seen four weeks ago when BTC traded around $84,500. This decline in demand for leveraged bullish positions appears to be linked to broader macroeconomic uncertainty, since Bitcoin’s price has been closely following movements in the stock market. S&P 500 futures (left) vs. Bitcoin/USD (right), 30min. Source: TradingView The S&P 500 futures reversed early weakness on May 15, coinciding with Bitcoin’s rebound from $101,800 to $104,000. Investors seem more confident that the US Treasury will be compelled to inject liquidity after Federal Reserve Chair Jerome Powell warned that “supply shocks” could keep interest rates higher for longer than expected. Signs of economic weakness have also emerged. The US Bureau of Labor Statistics reported that April’s Producer Price Index fell 0.5% from the previous month, while economists surveyed by FactSet had anticipated a 0.2% rise. According to Reuters, investors’ limited risk appetite is also influenced by ongoing global trade tensions , as the US–China tariff agreement remains only a temporary solution. US 10-year Treasury yields. Source: TradingView / Cointelegraph Demand for fixed income has increased, with the yield on the 10-year US Treasury dropping to 4.45% after reaching 4.55% on May 14, reversing the previous week’s trend. Historically, Bitcoin tends to perform better when government bond yields are rising, as this signals reduced confidence in the Treasury’s ability to manage its debt. Bitcoin’s rally to $105,000 hinges on macroeconomic trends To assess whether traders are simply avoiding leverage or actively betting on a price decline, it is helpful to analyze Bitcoin options demand. Typically, periods of bearish sentiment push the BTC delta skew indicator above the neutral 6% threshold. Bitcoin 60-day options delta 25% skew (put-call) at Deribit. Source: laevitas.ch Contrary to expectations, Bitcoin put (sell) options have been trading at a discount compared to call (buy) options, signaling strong confidence in the $100,000 support level. However, the optimism seen on May 14 has faded, with the indicator now at a neutral -4%. Related: What the 10-year Treasury yield means for crypto yields and stablecoins Since Bitcoin’s price has closely mirrored the US stock market, the chances of breaking above $105,000 depend heavily on macroeconomic developments, such as trends in the US Federal Reserve’s balance sheet and recession risks. Notably, Bitcoin’s high correlation with the S&P 500 rarely persists for more than two months. Net inflows of $320 million into US Bitcoin exchange-traded funds (ETFs) on May 14 point to ongoing institutional demand. This suggests that investors are gradually shifting their perception of Bitcoin from a risk-on asset to a non-correlated instrument , which may reduce the likelihood of sharp price corrections, even in the absence of strong leveraged bullish positions. This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
There has been a new development in the long-running case between Ripple and the U.S. Securities and Exchange Commission (SEC). The $50 million settlement request submitted by both parties was rejected by Judge Analisa Torres on procedural grounds. Judge Torres denied the parties’ motion for an indicative ruling, finding it “procedurally flawed,” according to attorney James K. Filan. Torres said he had no jurisdiction to intervene in the case at this time because the appeals process is ongoing, and that he would deny the motion even if the court were to remand jurisdiction. The parties filed a motion under Federal Rule of Civil Procedure 62.1, which is used when a case is on appeal. However, since the essence of the motion was to overturn a previously issued final judgment, it should have been filed under Rule 60. In other words, Ripple and the SEC did not file under the correct rule. Moreover, they did not provide any justifications supporting such requests, such as “extraordinary circumstances.” “Today’s decision does not change anything Ripple has won (such as the ruling that XRP is not a security). This is merely a procedural matter regarding Ripple’s withdrawal of its cross-appeal. Ripple and the SEC are in full agreement to end the case and will revisit this matter with the court,” Ripple Chief Legal Officer Stuart Alderoty said in a statement. Related News: Previous Bitcoin Cycles Analyzed, New Peak Emerges for BTC Price - Pay Close Attention to This Level The joint agreement request included: Ripple’s $125 million fine reduced to $50 million Cancellation of the injunction against possible future violations Remaining funds returned to Ripple End of all appeals There are three possibilities for Ripple: Resubmit the claim with the correct legal rule (Rule 60) Splitting the demands and asking for only the fine to be reduced Continuing the appeal process and waiting for the final decision For now, Ripple remains liable for the $125 million fine, and the previously issued injunction remains in effect. *This is not investment advice. Continue Reading: Ripple-SEC Settlement Faces Legal Hurdle: Judge Rejects Settlement – What’s Next for XRP?
Chainlink is at the forefront of revolutionizing asset tokenization through its new partnerships with JP Morgan’s Kinexys and Ondo Finance. This strategic move aims to enhance the efficiency of capital
Emily Nicolle reports on a rough day of newsflow for the largest US crypto exchange.
Pi Network launched a $100M fund to push real-world PI use — but price plunged. Restrictions continue to cast doubt on the project’s long-term credibility. Pi Network [PI] has launched a $100 million venture fund, backed by 10% of its own Pi Coin supply, in a bid to shake off its reputation as a walled garden. The fund targets AI, fintech, and Web3 startups — a big step, at least on paper. But within 24 hours, Pi Coin tumbled over 30%, so is the market seeing through the ambition? Pi Network: A 100M push for real world use After months of limited visibility and slow movement, the Pi Foundation has announced Pi Network Ventures, a $100 million fund aimed at driving real-world adoption of the PI token. Backed by 10% of the total PI supply, the fund will target early to Series B startups in sectors like AI, fintech, ecommerce, and consumer apps. Source: X Crucially, most investments will be made in PI rather than fiat, showing a commitment to ecosystem growth — but also raising questions about liquidity, risk, and whether projects will actually opt in for tokens over traditional capital. Price falls, OI cools Despite the Pi Foundation’s $100 million fund announcement on the 14th of May, market sentiment turned quickly. PI dropped over 30% in the immediate aftermath, from highs above $1 to around $0.88. Source: CoinMarketCap Open interest in PI Futures has declined notably over the past week. After peaking around $11.2 million on the 1st of March, Open Interest steadily dropped to approximately $4 million by the 19th of March — a significant reduction in trader participation. Source: Coinglass Although the PI token price initially hovered above $2.00 in early March, it has since fallen below $1.40. While the token saw a brief spike around the 13th of March, both price and OI have declined in tandem since then. Perhaps the earlier rally may have been fueled more by short-term speculation than sustained confidence in the project’s long-term trajectory. Questions linger Pi Network built its massive user base — reportedly over 50 million — through a mobile mining app that promised future utility. The project’s closed network model has drawn criticism for its lack of transparency and real-world integration. While the new $100 million fund suggests a pivot toward open adoption, skeptics argue it may be more PR than progress. Given that Pi’s mainnet has just become open, questions around intent and execution are likely to persist for a while.
BitcoinWorld Crypto Market: Unlocking Massive Opportunities Amidst Volatility Welcome to the dynamic world of cryptocurrency! If you’re navigating the digital asset landscape, understanding the current state of the Crypto Market is absolutely crucial. It’s a space filled with innovation, potential, and yes, volatility. Whether you’re a seasoned investor or just starting out, keeping a pulse on market movements, technological advancements, and regulatory shifts is key to making informed decisions. This article dives deep into the recent happenings shaping the crypto space, offering insights into major players like Bitcoin and Ethereum, exploring emerging Altcoin Trends , and shedding light on the ever-evolving landscape of Crypto Regulation . Get ready to explore the factors driving prices, the challenges ahead, and the exciting opportunities that lie within. What’s Driving the Current Crypto Market Dynamics? The Crypto Market is influenced by a complex interplay of factors. Macroeconomic conditions, technological developments, institutional adoption, and even social media sentiment can all play a significant role. Recently, we’ve seen shifts influenced by global interest rates, inflation data, and broader economic uncertainty. However, underlying fundamental growth in blockchain technology and increasing real-world use cases continue to provide a bullish undercurrent. Key drivers include: Institutional Interest: More large financial institutions are exploring or directly investing in crypto assets, adding significant capital and legitimacy. Technological Advancements: Ongoing upgrades and innovations within blockchain networks improve scalability, security, and functionality. Regulatory Clarity (or Lack Thereof): Government stances on crypto can significantly impact market sentiment and accessibility. Retail Participation: The continued interest and investment from individual investors remain a core component of market activity. Understanding these forces helps paint a clearer picture of why the Crypto Market behaves the way it does. Bitcoin Price Analysis: Where Does the King Stand? As the first and largest cryptocurrency by market cap, Bitcoin often sets the tone for the entire Crypto Market . The recent Bitcoin Price action has been a major point of discussion. After periods of consolidation, we’ve seen movements influenced by factors like the approval of Bitcoin ETFs, macroeconomic data releases, and significant whale activity. Analyzing the Bitcoin Price involves looking at various indicators: Metric Significance Recent Trend Market Cap Overall size and dominance Remains dominant, fluctuating with price Trading Volume Liquidity and interest Varied, spikes during significant price moves Network Hash Rate Security and health of the network Generally increasing, showing network strength Whale Wallets Activity of large holders Monitored for accumulation or distribution signals While predicting future price movements is challenging, observing these trends provides valuable context for the Bitcoin Price outlook. Historical data shows that Bitcoin’s halving events also play a crucial role in its long-term supply dynamics and often precede significant price rallies. Ethereum News and Developments: Beyond the Merge Ethereum, the second-largest cryptocurrency, continues to be a cornerstone of the Crypto Market , largely due to its foundational role in decentralized finance (DeFi), NFTs, and various decentralized applications (dApps). Recent Ethereum News has focused on post-Merge performance and future upgrades aimed at improving scalability and efficiency. Key areas of Ethereum News include: Sharding: The ongoing effort to split the Ethereum network into smaller, more manageable pieces to increase transaction throughput. Layer 2 Solutions: The growth and adoption of scaling technologies like Optimistic and ZK Rollups, which process transactions off the main chain, reducing gas fees and increasing speed. EIP-4844 (Proto-Danksharding): A recent upgrade specifically designed to make Layer 2 transactions cheaper by introducing ‘blobs’ of data. Staking Growth: The increasing amount of ETH staked on the network, contributing to its security and reducing circulating supply. These developments highlight Ethereum’s commitment to evolving and maintaining its position as a leading smart contract platform, which is vital for the health and innovation within the broader Crypto Market . Exploring the Latest Altcoin Trends: Where is Innovation Flourishing? While Bitcoin and Ethereum dominate the headlines, the vast landscape of altcoins is where much of the cutting-edge innovation in the Crypto Market is happening. Identifying promising Altcoin Trends requires looking beyond just price charts and understanding the underlying technology and use cases. Current Altcoin Trends attracting attention include: Layer 1 Competitors: Blockchains aiming to compete with Ethereum by offering higher throughput, lower fees, or different consensus mechanisms (e.g., Solana, Avalanche, Polkadot). Decentralized Physical Infrastructure Networks (DePIN): Projects building decentralized networks for real-world infrastructure like wireless connectivity, energy grids, or storage. Artificial Intelligence (AI) & Crypto Integration: Tokens and protocols exploring the synergy between AI and blockchain technology. Real World Assets (RWAs): Tokenizing tangible assets like real estate, art, or commodities on the blockchain to increase liquidity and accessibility. Gaming and Metaverse Tokens: Continued development in blockchain-based gaming and virtual worlds. Investing in altcoins carries higher risk but also offers the potential for significant rewards if you can identify trends early. Diligent research into the project’s team, technology, tokenomics, and community is essential. How is Crypto Regulation Impacting the Market? One of the most significant external factors influencing the Crypto Market globally is Crypto Regulation . Governments and regulatory bodies worldwide are grappling with how to classify, tax, and oversee digital assets. The clarity (or lack thereof) in Crypto Regulation can significantly impact investor confidence, institutional participation, and the operational feasibility of crypto businesses. Recent developments in Crypto Regulation include: Calls for Clearer Frameworks: Industry participants are pushing for predictable rules regarding asset classification, exchanges, and custodianship. Focus on Consumer Protection: Regulators are increasingly prioritizing measures to protect retail investors from fraud and market manipulation. Taxation Policies: Governments are refining how cryptocurrency gains and transactions are taxed. International Cooperation: Efforts are being made to harmonize regulatory approaches across different jurisdictions. While some see regulation as a threat, many in the industry view sensible Crypto Regulation as a necessary step for mainstream adoption and long-term stability of the Crypto Market . It can provide a safer environment for investors and clearer guidelines for businesses to operate within. Navigating the Crypto Market: Actionable Insights Given the volatility and complexity of the Crypto Market , how can individuals navigate it effectively? Here are some actionable insights: Do Your Own Research (DYOR): Never invest based solely on hype. Understand the technology, team, use case, and tokenomics of any project. Start Small: You don’t need to invest a large amount to get started. Begin with an amount you are comfortable potentially losing. Diversify: Don’t put all your funds into one asset. Spread your investments across different cryptocurrencies and sectors within the Crypto Market . Use Secure Wallets: Learn about different types of wallets (hardware, software) and choose the most secure option for storing your assets. Stay Informed: Follow reputable news sources, understand market trends, and keep up with Ethereum News , Bitcoin Price movements, and Altcoin Trends . Understand the Risks: Cryptocurrency investments are high-risk. Prices can be extremely volatile, and there’s always the risk of loss due to market crashes, hacks, or regulatory changes. Consider Long-Term Potential: While short-term trading is possible, many investors focus on the long-term potential of blockchain technology and specific projects. Approaching the Crypto Market with caution, education, and a long-term perspective can help mitigate risks and position you to potentially benefit from its growth. Conclusion: The Future of the Crypto Market The Crypto Market is a rapidly evolving ecosystem that continues to capture global attention. From the stability of Bitcoin Price movements to the innovative strides in Ethereum News and the exciting diversity of Altcoin Trends , there’s always something happening. While challenges like Crypto Regulation and market volatility persist, the underlying technology and its potential to revolutionize finance and other industries remain compelling. Staying informed, understanding the risks, and conducting thorough research are paramount for anyone participating in this space. The journey through the Crypto Market can be unpredictable, but it is undoubtedly one of the most fascinating financial and technological frontiers of our time. The opportunities for growth and innovation are vast for those willing to learn and adapt. To learn more about the latest Crypto Market trends, explore our article on key developments shaping the Crypto Market’s future oriented activity. This post Crypto Market: Unlocking Massive Opportunities Amidst Volatility first appeared on BitcoinWorld and is written by Editorial Team
Asset tokenization is set to accelerate the movement of capital across traditional markets, according to Chainlink co-founder Sergey Nazarov. Speaking with Cointelegraph at Consensus 2025 in Toronto, Nazarov said the shift will boost capital velocity in asset classes such as treasuries, equities, private credit, commercial debt, and real estate. "I think that there are two sides to this equation. One is the asset, and the other one is the payment. So, you need more high-quality assets onchain, but you also need more frictionless payments that existing institutions can use easily," Nazarov said on May 14. The remarks came on the same day Chainlink announced a partnership with Kinexys, a blockchain network for institutional-grade tokenized assets by JP Morgan, and digital asset firm Ondo Finance. Together, the companies will develop payment rails for institutions trading tokenized real-world assets onchain. The partnership tested the exchange of Ondo's US Government Treasuries Fund (OUSG), a tokenized short-term US debt fund, with Kinexys, using Chainlink's Runtime Environment — a framework for connecting legacy financial systems to blockchains in a unified environment. "What Chainlink is trying to do is kick off a virtuous cycle that triggers kind of a runaway success for the industry as a whole. We want more assets onchain, Nazarov added. "We want more payment systems onchain," he continued. From left to right: Colin Cunningham, Sergey Nazarov, Nelli Zaltzman and Nathan Allman at Consensus 2025. Source: Vince Quill/Cointelegraph The partnership reflects the broader institutional acceptance of cryptocurrencies and Web3 technologies, following a positive regulatory shift in the United States post-2024 elections and the resignation of Gary Gensler , former chair of the US Securities and Exchange Commission (SEC). Related: ‘Everything is lining up’ — Tokenization is having its breakout moment Chainlink's runtime environment Chainlink is a decentralized oracle network that connects smart contracts on blockchains with real-world data, APIs, and offchain systems. Nazarov said the company has been coordinating transactions between financial institutions, asset issuers, and regulators. Chainlink markets its “Runtime Environment" as an upgrade to legacy financial systems' protocols, including the Common Business-Oriented Language (COBOL) standard — an operating language developed in 1959 for automated teller machines (ATMs) — and the Java Runtime architecture for online banking applications. Chainlink co-founder Sergey Nazarov speaking at Consensus 2025. Source: Vince Quill/Cointelegraph Nazarov previously stressed that the United States needs to establish a competitive moat around tokenized assets to keep US capital markets competitive and attractive in the age of global, permissionless finance. Magazine: Ethereum is destroying the competition in the $16.1T TradFi tokenization race