Bitcoin’s recent price fluctuations are heavily influenced by stagnant stablecoin reserves, signaling a cautious approach among retail investors. Despite Bitcoin’s recent surge past $100k, lackluster stablecoin inflows suggest retail is
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Significant Ethereum selling pressures are observed after price peaks at $2,700. Large "whale" transactions have spurred market concerns over potential downturns. Continue Reading: Whale Sales Drive Ethereum Prices Lower The post Whale Sales Drive Ethereum Prices Lower appeared first on COINTURK NEWS .
Spot bitcoin exchange-traded funds (ETFs) drew $260.27 million in net inflows on Friday, May 16, significantly outpacing spot ethereum ETFs, which recorded a total inflow of $22.12 million. Bitcoin ETFs Dominate Friday Flows While Ethereum Sees Tepid Uptake Leading Friday’s activity in the bitcoin ETF space was Blackrock’s Ishares Bitcoin Trust (IBIT), which took in
Brave Wallet, the crypto wallet attached to the privacy-enhancing Brave Browser, will now accept Cardano ADA tokens and native assets. Brave will allow users to send, receive, and swap Cardano from the wallet and browser. Brave has traditionally supported several cryptocurrencies, such as Ethereum and Solana. Brave is currently branching out to include other tokens so that their users can enjoy multichain functionality. Cardano users can now interact with their token, such as participating in governance decisions, without having to use extensions. Brave users, therefore, will have added security because they won’t have to take risks with third-party Cardano extensions. “This collaboration with Brave”, said Charles Hoskinson, CEO of IO, “is a natural fit. We share a vision for a more secure, accessible, and user-respecting Web3. By bringing Cardano into Brave Wallet, we are expanding functionality for Cardano users in the age of on-chain governance and advancing a new standard for how blockchain networks should empower individuals, protecting privacy while enabling active, on-chain participation”. InputOutput (IO), a crypto startup, has partnered with Brave to produce the added functionality of a Cardano wallet. IO will take responsibility for adapting the Brave wallet to include Cardano’s features and take advantage of the privacy features within the Brave Browser. One feature that will be useful for Brave users in particular is the ability to swap Cardano tokens for other cryptocurrencies within Brave’s comfort zone. Charles Hoskinson, CEO of IO, believes that both Brave and Cardano share a similar vision for web3 technology and privacy-enhancing networks. Brendan Eich, CEO of Brave, is focused on improving the user experience and adding multichain functionality. This is a significant partnership for Cardano because more people can try out the token and see whether the network suits their privacy requirements. Brave Browser aims to be a web3-compliant browser with an inbuilt crypto wallet that allows users to interact with various crypto ecosystems with minimal effort. The browser also aims to increase security for the user and protect a user’s data from being exploited by companies and governments. Cardano seems to be a good fit for the Brave Browser because it has a web3 ecosystem that is carefully developed and has a large following. The Cardano team is very excited about the partnership because they will be able to create their token with the added support of Brave. In May, Cardano made a giant step in crypto development, collaborating with BitcoinOS to bridge Bitcoin to Cardano and then back again. Multichain development has become a hot topic for users because it improves the accessibility of tokens. BitcoinOS is a bridging company specializing in creating bridges between different blockchain ecosystems. A big part of the Cardano blockchain is the governance system that allows users to participate with the token. Hoskinson believes that blending Brave’s privacy features with Cardano’s governance features is perfect for the crypto project. Protecting a user’s privacy while allowing people to collaborate with a governance system is an important feature for the crypto community.
Sonic’s native token, S, is experiencing significant selling pressure following the termination of its partnership with market maker Wintermute. This split has coincided with substantial token offloads from major holders,
Prominent cryptocurrency exchange Gemini has laid out its most bullish and bearish predictions for Ripple’s XRP . The exchange outlined its long-term outlook for the asset, forecasting the value of $10,000 in XRP in 2030. In its best-case scenario, the exchange predicts a 134% to 188% increase in value by 2030. This would mean that XRP could settle between the $5.10 and $6.28 price mark in the next five years. Institutional adoption, increased XRP usage in payments, and a potential ETF approval are all catalyzing factors. Conversely, from a bearish standpoint, XRP is expected to drop by 94%, resulting in a price decline to $0.13 from its current price point of $2.33. The Gemini chatbot cites regulatory hurdles, slow adoption, and increased market competition as factors informing this outlook. XRP makes a major upclimb as market cap value skyrockets Meanwhile, XRP bulls have remained awake since the start of May, hitting fundamental milestones. More recently, Ripple (XRP) surpassed Tether (USDT) to become the 3rd most-valued cryptocurrency by market cap valuation. XRP also saw its price value hit $2.61, a price value last seen on March 6th. According to data from Santiment, a handful of factors influencing the new development include the 11% increase in the amount of XRP holders observed in 2025, as well as the recent house bill allowing Missouri to offer income tax deductions on capital gains which includes XRP and Bitcoin profits. XRP has just surpassed Tether for the #3 market cap spot among all cryptocurrencies. The asset's market value is now back above $2.61 for the first time since March 6th. There are a few attributable reasons that the popular altcoin has enjoyed a mild decoupling from the pack:… pic.twitter.com/KlqRt15LUY — Santiment (@santimentfeed) May 12, 2025 Coinciding with the recent price surge is XRP’s futures Open interest, which has skyrocketed by more than $1 billion in the past week, according to Glassnode’s report. The 41.6% increase took the interest rate from $2.42B to $3.42B in 7 days. Glassnode asserts that the recent move suggests “elevated speculative activity and growing directional conviction.” At report time, XRP is trading at $2.3, with daily gains soaring above 2%. XRP remains the second highest weekly gainer within the top four categories, with 21% sustained over the last seven days, placing it right behind Bitcoin.
According to blockchain data, a new Solana token named Eric Trump shot up 6,200% in just 24 hours. It sprang to life on May 16 via the Pump.fun launchpad and swelled to a market cap of 140 million. Traders piled in fast, but on‑chain detectives noticed more than 80% of the supply parked in just 10 wallets. That kind of concentration often signals a setup for a sudden collapse. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month Political Name Exploitation Using a well‑known figure’s name can be a quick way to grab attention. Based on reports from Bubblemaps, the token’s ties to “jv7d” on Solana raised red flags. When insiders hold most of the coins, they can dump them at will. Retail investors end up holding what’s left—and that often means heavy losses. a rug in the making#ERICTRUMP is currently trending on most platforms. avoid it. pic.twitter.com/g1KE7wKMCA — Bubblemaps (@bubblemaps) May 16, 2025 Warning Signs On-Chain Cluster analysis showed the top 250 holders are linked through a handful of addresses. That pattern mirrors the WOLF token, which hit 42 million before plunging to almost nothing. Analysts say these moves fit the classic rug‑pull script, where early backers cash out at the peak, then vanish. Copycat Tokens Multiply The same wallet, known as “BjTm,” has already launched three other Eric Trump tokens that fizzled quickly. Based on CoinMarketCap data, more than 736 imitation tokens have been pushed into the official Trump wallet space. Of those, 192 use Trump family names, and 67 claim to be “official.” Even Elon Musk’s name crops up in at least 35 of them. Global Political Targets Scammers aren’t stopping with US figures. In April, the verified X account of UK MP Lucy Powell was hijacked to promote a fake Solana token. It tapped into her 70,000 followers and netted just 225, but it showed how a trusted badge can fool people. Related Reading: ‘Judgment Day Is Coming’—XRP Set To Explode, Analyst Warns Investor Warning Lights Based on this pattern, analysts urge caution. When a token’s value spikes without clear backing—and most coins sit in a few wallets—that’s a signal to step back. Blind loyalty to a name, political or otherwise, can turn into financial pain. What Comes Next As more political meme coins pop up, the risk grows. Every high‑profile name could become bait. Investors should check who holds the tokens, watch for rapid launches on cheap networks like Solana, and keep in mind that hype can vanish as fast as it appears. In a space where hype often trumps fundamentals, staying alert might be the best way to stay afloat. Featured image from Unsplash, chart from TradingView
Fresh stablecoin dry powder is missing, keeping retail sidelined.
Users aren't buying xAI's explanation after Musk's Grok started randomly injecting "white genocide" into conversations.