The post Why Is the Crypto Market Down? appeared first on Coinpedia Fintech News The cryptocurrency market witnessed a surprising pullback of almost 3% even as Bitcoin (BTC) briefly hit an all-time-high price of $112k. Meanwhile, another cryptocurrency such as Ethereum, XRP, Solana & Dogecoin saw a drop of nearly 3% to 5%. So, what’s driving this crypto market down? Bitcoin’s Drop Starts the Slide Bitcoin, the biggest and most popular cryptocurrency, saw its price fall by 2.6% in just 24 hours. After reaching $112K, it slipped to around $108,460. While this may not sound like a huge drop, it had a strong impact across the market. What triggered this drop was profit-taking. Many investors who had bought Bitcoin earlier chose to sell once it hit the new high. This led to a wave of selling and brought prices down. It’s a common move in the market when people want to secure their profits after a big rally. Over $500 Million in Liquidations The market drop also triggered massive liquidations. In the last 24 hours, over 163,000 traders lost their positions, adding up to over $544 million in total liquidations. A single trade worth $9.5 million was liquidated on OKX. Long traders, who were betting on prices going up, lost over $400 million. Altcoins Hit Even Harder While Bitcoin dropped, other coins fell even more, Ethereum, the biggest altcoin dropped by 4.3% to $2,541. Meanwhile, XRP, Solana, Cardano, and Tron also faced losses between 1,% and 4%. These coins usually follow Bitcoin’s movement, and this time was no different. Even memecoins like Dogecoin and Shiba Inu took a massive hit. Therefore, Dogecoin dropped by 3.9%, Shiba Inu by 3.5%, and a Trump-themed token fell sharply by 13%.
BitcoinWorld Leptage Debuts at TOKEN2049 Dubai: Showcasing Innovations in Web3 Infrastructure WARSAW, Poland , May 23, 2025 /PRNewswire/ — Leptage, a modern fintech platform catering to global ambition, recently made its significant debut at TOKEN2049 Dubai , one of the most anticipated global crypto events in the Web3 ecosystem. Through its active participation at the event, Leptage captivated both attendees and industry leaders, marking an important step in expanding its presence within the global crypto community. Hosted at the prestigious Madinat Jumeirah from April 30 to May 1 , TOKEN2049 Dubai attracted over 15,000 participants from more than 160 countries, including industry pioneers, innovators, regulators, developers, and institutional investors. Leptage’s involvement went beyond sponsorship, reflecting the company’s ongoing commitment to advancing industry knowledge, fostering regional growth, and supporting community empowerment. TOKEN2049 served as a valuable platform for exchanging insights and driving innovation, echoing the vision that Leptage continues to champion. At TOKEN2049, Leptage introduced key updates to its core infrastructure products, reflecting its continued innovation in shaping the future of crypto transactions and blockchain technology. The enhanced Ramping service enables real-time fiat-to-crypto conversions across more than 180 countries, while Treasury delivers more agile and secure management of stablecoins and digital assets. CardLink, a cutting-edge crypto wallet management infrastructure that provides seamless and secure integration for crypto card services. These updates demonstrate Leptage’s commitment to providing seamless, compliant, and scalable pathways that bridge Web2 and Web3. Leptage’s participation at TOKEN2049 Dubai marked a pivotal step in its global journey. Leptage continues to bridge Web2 and Web3 with cutting-edge solutions that drive real-world adoption. Looking ahead, Leptage remains focused on advancing blockchain technology and shaping the next wave of Web3 innovation. About Leptage Leptage is a modern fintech platform catering to global ambition. Regulated in Poland , our headquarters is situated in Warsaw . We have expanded our operations to include strategic teams in Hong Kong , the United Kingdom , and Singapore . Our international footprint is a testament to our commitment to serving clients worldwide. At Leptage, we pride ourselves on providing fully compliant, cutting-edge solutions that harmoniously integrate advanced technology with a user-centric design. We aim to build a more secure, efficient, and seamless financial landscape by breaking down barriers and bridging gaps for boundless businesses. www.leptage.com This post Leptage Debuts at TOKEN2049 Dubai: Showcasing Innovations in Web3 Infrastructure first appeared on BitcoinWorld and is written by chainwire
BitcoinWorld Pioneering AI Avatar Use by Zoom CEO in Earnings Call In a move signaling the rapid integration of artificial intelligence into even the highest levels of corporate communication, Zoom CEO Eric Yuan recently utilized an AI avatar to deliver portions of the company’s quarterly earnings call . This development follows closely on the heels of a similar instance involving the Klarna CEO , highlighting a growing trend among business leaders to leverage cutting-edge AI technology . What Happened During the Zoom Earnings Call? During Zoom’s recent quarterly update, CEO Eric Yuan deployed a custom AI avatar, powered by the company’s own asynchronous video creation tool, Zoom Clips. The avatar appeared to deliver initial remarks, making Zoom one of the prominent tech companies embracing this nascent form of digital representation in formal business settings like an earnings call . This event underscores how quickly AI is moving from back-office operations and development labs into public-facing roles, even substituting for the CEO during key investor communications. It raises questions about the future of corporate presentations and the increasing reliance on AI-driven tools. Following the Lead of the Klarna CEO Zoom’s adoption of an AI avatar for the earnings call wasn’t the first instance of a major CEO experimenting with this technology in such a public forum. Just days prior, the Klarna CEO also reportedly used an AI avatar during their investor call. This suggests a potential emerging trend where AI avatars could become a more common tool for leaders, perhaps initially for scripted or introductory segments. The parallel actions of the Klarna CEO and the Zoom CEO indicate that this isn’t an isolated experiment but potentially the beginning of a shift in how corporate leaders communicate, especially in remote or hybrid work environments where platforms like Zoom are central. The Zoom CEO’s Vision and the Role of AI Technology Eric Yuan has been a vocal proponent of using avatars in meetings and has spoken about Zoom’s long-term goal of creating digital twins for users. His decision to use an AI avatar in a high-stakes setting like an earnings call aligns with this vision and serves as a public demonstration of Zoom’s commitment to advancing AI in communication. The avatar itself conveyed a message about the innovative use of AI while also addressing crucial concerns. It stated, “I am proud to be among the first CEOs to use an avatar in an earnings call. It is just one example of how Zoom is pushing the boundaries of communication and collaboration. At the same time, we know trust and security are essential. We take AI-generated content seriously and have built in strong safeguards to prevent misuse, protect user identity, and ensure avatars are used responsibly.” This highlights the dual focus on innovation and the necessary safeguards surrounding powerful AI technology . Beyond the Earnings Call: Broader AI Avatar Adoption The use of an AI avatar by the Zoom CEO is part of a larger movement towards integrating AI into digital interactions. The article notes that the CEO of AI-powered transcription service Otter is also reportedly training his own avatar. This suggests that leaders across different tech sectors are exploring how AI can augment or potentially offload certain communication tasks. Furthermore, Zoom announced that the custom avatar add-on feature used by Yuan would be made available to all users shortly after the call. This move democratizes the technology, allowing a wider audience to experiment with creating and using their own digital representations, potentially changing the dynamics of online meetings and presentations for everyone. Challenges and Considerations for AI Avatars While the use of AI avatars presents exciting possibilities for communication and efficiency, it also brings challenges, particularly concerning trust, authenticity, and security. The statement from the Zoom avatar itself acknowledged these concerns, emphasizing the need for safeguards against misuse and the importance of protecting user identity. Key considerations include: Authenticity: How do participants verify they are interacting with the actual person, or a sanctioned representation, and not a deepfake or unauthorized use? Trust: Can investors and employees trust information delivered by an avatar as much as they trust the person themselves? Security: What measures are in place to prevent avatars from being hacked or used maliciously? Regulation: As AI avatar use grows, will regulations be needed to govern their deployment in formal or sensitive contexts? These questions are critical as AI technology becomes more sophisticated and integrated into daily life and business operations. Conclusion: A Glimpse into the Future of Communication The appearance of AI avatar representations of both the Klarna CEO and the Zoom CEO during recent earnings call s is more than just a tech gimmick; it’s a significant indicator of where corporate communication is heading. It demonstrates a willingness at the highest levels to experiment with and adopt advanced AI technology . While challenges related to trust and security must be addressed, the potential for AI avatars to enhance communication, enable new forms of interaction, and perhaps even create digital twins for various purposes is immense. This pioneering use case provides a fascinating glimpse into a future where our digital selves may represent us in increasingly sophisticated ways. To learn more about the latest AI news trends, explore our article on key developments shaping AI features. This post Pioneering AI Avatar Use by Zoom CEO in Earnings Call first appeared on BitcoinWorld and is written by Editorial Team
The crypto market’s rally tapered off after Bitcoin (BTC) settled between $110,000 and $111,000. The flagship cryptocurrency shattered its previous all-time high as it surged to $111,970, entering a period of price discovery. However, it registered a decline from this level, ultimately dropping to its current level at around $110,700. BTC is marginally down over the past 24 hours, taking a breather and consolidating around recent highs. Meanwhile, Ethereum (ETH) continued its upward trajectory, with the price up over 2%, trading around $2,690. Buyers will look to retain momentum and push the price above $2,700. Ripple (XRP) also continued its upward trajectory and is up 1.37%, while Solana (SOL) reclaimed $180 with an increase of over 3% in the past 24 hours. Dogecoin (DOGE) , Cardano (ADA) , Chainlink (LINK) , Stellar (XLM) , Hedera (HBAR) , Polkadot (DOT) , Toncoin (TON) , and Litecoin (LTC) also registered notable increases. Meanwhile, the crypto market cap crossed $3.50 trillion, registering a marginal increase in the past 24 hours. Dow Jones Ends Flat As Bitcoin Surges US stocks registered a mixed performance as markets came to terms with the House’s approval of President Trump’s tax-and-spending package. As a result, the S&P 500 dropped 0.04%, while the Dow Jones Industrial Average traded flat. However, the Nasdaq Composite registered an increase of 0.28%. According to estimates by the Congressional Budget Office, the legislation adds $4 trillion to the federal deficit and includes sweeping tax cuts and increased military spending. The bill passed the House by a single vote after last-minute revisions, including expanded deductions for state and local taxes. The bill will now head to the Senate. Analysts believe weak demand at Wednesday’s 20-year bond auction fueled a sell-off in Treasurys. Additionally, concerns about debt sustainability persist. Argent Capital’s Jed Ellerbroek stated, “Short term, the tax bill is good for the economy. But in the longer term, it adds to the deficit, and that’s bad for markets.” Democrats Propose Crypto Ban For Politicians House Democrats, led by Rep Maxine Waters, have introduced the “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025.” The bill aims to prohibit the President, Vice President, members of Congress, and their immediate families from owning, promoting, or profiting from digital assets while in office. It also bars lawmakers from holding crypto assets in ways that allow them to exert unilateral control over the tokens. Rep Waters said in a statement, “Trump’s crypto con is not just a scam to target investors. It’s also a dangerous backdoor for selling influence over American policies to the highest foreign bidder.” The legislation comes amid growing criticism of President Trump’s ties to crypto. Trump and his wife launched meme coins just before the inauguration, while the Trump family is also invested in crypto through World Liberty Financial. Meanwhile, protests erupted outside the venue of President Trump’s high-profile gala for top holders of the TRUMP meme coin. Token holders spent between $55,000 and $38 million in tokens to secure an invitation. Critics have accused Trump of auctioning access to the White House and potentially violating the Constitution’s ban on foreign gifts. Senators Chris Murphy, Elizabeth Warren, and Jeff Merkley, along with Rep. Sam Liccardo, and advocacy groups, have called the upcoming meme coin fundraising dinner a threat to national security and a potential corruption risk. Russian Crypto Miners Post $200M Revenue For FY2024 The Russian crypto mining sector continues to register robust growth, with BitRiver and Intelion, the country’s largest mining firms, reporting $200 million in revenue in FY2024. Data reveals that both firms have captured 50% of the Russian market. Intelion has reported impressive growth, increasing its revenue by RUB 3,948 million ($50,000). Media outlets used the country’s top miners’ latest public declarations to compile the data. The data suggested that Russia’s vast illegal crypto-mining sector was largely unaccounted for. The data also revealed how much power the country’s top crypto miners use. It also shows where the miners have built their biggest data centers and the type of energy mixes used to power their rigs. The data shows that BitRiver reported RUB 10.286 billion (over $129 million) in revenue in 2024 and used 533 MW of power across 15 data centers. Bitcoin (BTC) Price Analysis Bitcoin (BTC) shattered the $110,000 barrier earlier this week as it surged to a new all-time high of $111,970 on Thursday, losing momentum just short of $112,000. The flagship cryptocurrency seems to be taking a breather as it consolidates around recent highs. BTC’s rally came despite starting the week in bearish territory, as it plunged to an intraday low of $102,135 on Monday before rebounding. BTC faces resistance around the $112,000 level. A break above this level could see the price surge to $115,000 and $120,000. Despite facing selling pressure during the ongoing session, BTC has held above $110,000 as buyers look to consolidate and keep momentum going. Institutional inflows and interest in spot Bitcoin ETFs have also helped BTC sustain its momentum. Alankar Saxena, Co-founder and CTO of Mudrex, stated, “Institutional inflows have helped BTC maintain sustained momentum, with Spot ETFs seeing over $600 million in net inflows in a day. Additionally, the US Dollar Index has dropped more than 2.6 percent over the last 10 days, making crypto an attractive hedge against inflation.” Analysts believe BTC bulls will target the $115,000 level in the near term and attempt to extend the rally to $120,000. However, they also expect a pullback before the rally resumes, thanks to overbought conditions. “A pullback post this is likely given its overbought conditions, though the rally can extend like in December 2024. Market sentiment continues to strengthen with the Crypto Fear & Greed Index climbing to 78 (Extreme Greed).” Additionally, Bitcoin Open Interest (OI) has hit record levels as traders anticipate continued price appreciation in the near term. BTC’s price action was mixed last week as it started in the red before recovering on Tuesday and settling at $104,123. The price was back in the red on Wednesday, falling 0.53% to $103,568. BTC plunged to an intraday low of $101,459 on Thursday as selling pressure intensified. It recovered from this level to register a marginal increase and settle at $103,816. The flagship cryptocurrency was back in bearish territory on Friday and Saturday, registering marginal declines to settle at $103,235. However, it recovered on Sunday, rising over 3% to cross $106,000 and settle at $106,489. Source: TradingView BTC started the current week in the red, facing considerable selling pressure. As a result, the price plunged to an intraday low of $102,135 before recovering to settle at $105,572, ultimately registering a drop of nearly 1%. Despite the negative start to the week, BTC rebounded on Tuesday, rising 1.21% to cross $106,000 and settle at $106,854. Bullish sentiment intensified on Wednesday as the price registered an increase of 2.57% and settled at $109,603. Buyers retained control on Thursday as BTC rallied to an all-time high of $111,970 before pulling back and settling at $111,582. The flagship cryptocurrency has declined during the ongoing session, with the price down nearly 1%. Analysts expect a pullback due to overbought conditions but expect the rally to resume, with $115,000 the immediate target. Ethereum (ETH) Price Analysis Ethereum (ETH) continued its recovery despite facing selling pressure and volatility as it looks to reclaim $2,700. However, it faces resistance between $2,700 and $2,800. ETH must cross these levels to confirm a push to $3,000. ETH tested key support levels at the beginning of the week, falling to lows of $2,326 and $2,349 on Sunday and Monday. However, it rebounded both times, as bullish sentiment returned following BTC’s stellar performance this week. The world’s second-largest cryptocurrency is showing strong bullish momentum below the $2,700-$2,800 resistance levels. If the price breaks above these levels, a move to $3,000 becomes a possibility. Despite a lull in the crypto market’s rally, ETH has registered an increase of nearly 2%. ETH started the previous week in the red, registering a marginal decline before rising over 7% on Tuesday and settling at $2,681. However, it lost momentum after reaching this level and fell nearly 3% on Wednesday to settle at $2,610. Bearish sentiment persisted on Thursday as ETH dropped 2.38%, slipping below $2,600 and settling at $2,548, but not before hitting an intraday low of $2,749. ETH attempted a recovery on Friday, rising to an intraday high of $2,648. However, it could not stay at this level and fell to $2,537, ultimately registering a marginal decline. Selling pressure intensified on Saturday as the price fell 2.44%, slipping below $2,500 and settling at $2,475. Source: TradingView ETH faced selling pressure and volatility on Sunday as buyers and sellers struggled to establish control. The price ultimately registered an increase of nearly 1% and settled at $2,498. ETH plunged to an intraday low of $2,349 on Monday as selling pressure intensified. However, it rebounded from this level to register an increase of 1.18% and settle at $2,527. The price registered a marginal decline on Tuesday before rising 1.10% on Wednesday and settling at $2,552. Bullish sentiment intensified on Thursday as ETH registered an increase of over 4% to reclaim $2,600 and settle at $2,664. The current session sees ETH marginally down as sellers look to lower the price while buyers look to move it beyond $2,700. Solana (SOL) Price Analysis Solana (SOL) crossed $180 during the ongoing session as it tested the resistance between $180 and $185. SOL’s price action has been exceptional over the past month, rising over 21% as it sets its sights on $200. SOL started the previous week positively and registered a substantial increase of 5.50% on Tuesday to cross $180 and settle at $183. However, it lost momentum after reaching this level and dropped nearly 4% on Wednesday, slipping below $180 and settling at $176. Sellers retained control on Thursday as the price fell over 4% to $169. SOL attempted a recovery on Friday but was unsuccessful, ultimately registering a drop of nearly 1% and settling at $167. Selling pressure persisted on Saturday as SOL fell 0.89% and settled at $165. Source: TradingView Despite the overwhelming bearish sentiment, SOL rebounded on Sunday, rising over 4% to reclaim $170 and settle at $173. However, it was back in the red on Monday, dropping to an intraday low of $159 before settling at $166, ultimately registering a decline of nearly 4%. SOL recovered on Tuesday, rising 1.05% to $168. The price continued to push higher on Wednesday, crossing $170 and settling at $173. Bullish sentiment intensified on Thursday as SOL registered an increase of 3.51% and settled just shy of the $180 mark. The current session sees the price up nearly 3%, with SOL having crossed $180 and trading around $184. Buyers will look to retain control and push the price towards $200. Ripple (XRP) Price Analysis Ripple (XRP) was back in the spotlight after the Securities and Exchange Commission (SEC) delayed the reviews for spot XRP ETF applications. Bloomberg ETF analyst James Seyffart announced the delays, stating, “As expected, more delays on crypto ETFs dropped today. Delays include Bitwise Invest & CoinsShares XRP ETFs. Delay on Litecoin ETF Filing, Delay on Fidelity’s In-Kind Bitcoin filing. On the more positive side, SEC acknowledged Canary Fund’s staked TRX filing.” The news weighed on XRP as the token traded sluggishly compared to other altcoins. XRP registered a stunning rally last Monday, rising nearly 8% to $2.54. The price continued to push higher on Tuesday despite selling pressure, increasing 1.53% to $2.58. XRP lost momentum after reaching this level, dropping 1.20% on Wednesday and 6.51% on Thursday to slip below $2.50 and settle at $2.38. Price action remained bearish on Friday, registering a marginal decline to $2.37. Sellers retained control on Saturday, and XRP fell 1.04% to $2.35. Source: TradingView Despite the selling pressure, XRP rebounded on Sunday, rising over 3% and settling at $2.42. The price plunged to an intraday low of $2.28 on Monday before rebounding to settle at $2.38, ultimately registering a decline of 2%. XRP continued to drop on Tuesday, falling 1% to $2.35. The price recovered on Wednesday, rising nearly 3% to $2.39. Buyers retained control on Thursday as XRP reclaimed $2.40 and settled at $2.43. The current session sees XRP marginally up as buyers and sellers struggle to establish control. Dogwifhat (WIF) Price Analysis Dogwifhat (WIF) registered a stunning increase last Monday (May 12), surging over 26% and settling at $1.14. The price continued to push higher on Tuesday, rising 2.40% and settled at $1.17. Buyers lost momentum on Wednesday as WIF fell nearly 4% to $1.13. Bearish sentiment intensified on Thursday as WIF plunged almost 13%, slipping below $1 and settling at $0.98. The price recovered on Friday, rising to an intraday high of $1.14 before settling at $1, ultimately registering an increase of nearly 2%. Sellers returned to the market on Saturday as WIF fell over 7% to $0.93. However, it recovered on Sunday, surging almost 15% to reclaim $1 and settle at $1.07. Source: TradingView Despite a positive end to the weekend, WIF was back in the red on Monday, dropping over 7% and settling at $0.99. Sellers retained control on Tuesday as the price fell 1.94% to $0.97. Bullish sentiment returned on Wednesday as WIF rose 14.60% to reclaim $1 and settle at $1.11. Buying pressure persisted on Thursday as WIF registered an increase of 7.45% and settled at $1.19. The current session sees WIF up nearly 5%, trading around $1.25 after declining from an intraday high of $1.39. Injective (INJ) Price Analysis Injective (INJ) faced significant selling pressure last week, falling to a low of $11.36 on Saturday. The price rose nearly 5% on Monday (May 12) but lost momentum on Tuesday, falling 0.66% to $13.67. Sellers retained control on Wednesday as INJ fell over 3% to $13.24. Selling pressure intensified on Thursday as the price fell over 7%, slipping below a key support level and settling at $12.25. Price action remained bearish on Friday and Saturday as INJ dropped 2.46% and 2.98% and settled at $11.59. Despite the overwhelming selling pressure, the price recovered on Sunday, rising nearly 7% to reclaim $12 and settling at $12.40. Source: TradingView INJ started the current week in the red, dropping nearly 5% to $11.81. The price recovered on Tuesday, rising 2.47% to reclaim $12 and settle at $12.10. INJ continued to push higher on Wednesday, rising 2.25% and settling at $12.28. Bullish sentiment intensified on Thursday as INJ surged over 13% to cross $14 and settled at $14.05. The current session sees INJ up nearly 5% as buyers look to push the price to $15. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
In a landmark development for cryptocurrency investment, Robinhood has introduced the first U.S.-listed XRP futures exchange-traded fund (ETF), trading under the ticker symbol XRPI. This significant move was highlighted by prominent crypto analyst Amelie on the social platform X, capturing widespread attention within the digital asset community. BREAKING: #XRP ETF IS LIVE ON ROBINHOOD! TICKER: XRPI pic.twitter.com/mPdRJVTQTn — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) May 23, 2025 U.S.-Listed Futures ETF Goes Live The XRPI ETF, launched by Volatility Shares, began trading on the Nasdaq exchange on May 22, 2025. It is designed to offer unleveraged exposure to XRP futures and aims to allocate at least 80% of its assets to XRP-linked financial instruments. These include regulated futures contracts and shares in other XRP-related exchange-traded products. The fund’s listing represents the first time an XRP-focused ETF has been made available to U.S. investors through a major stock exchange, underscoring a notable shift in the regulatory and institutional landscape surrounding digital assets. Investment Structure and Regulatory Compliance The XRPI ETF operates with a net expense ratio of 0.94%, following a temporary fee waiver agreement. To maintain compliance with U.S. securities laws while gaining access to XRP futures, the ETF invests via a wholly-owned subsidiary based in the Cayman Islands. This structure is similar to other crypto futures ETFs and enables the fund to engage in futures contracts without violating existing regulatory frameworks regarding direct exposure to cryptocurrencies. Ripple’s Legal Shadow and Market Confidence The launch of an XRP futures ETF comes at a time when Ripple, the company behind XRP, continues its protracted legal battle with the U.S. Securities and Exchange Commission (SEC). Despite the ongoing litigation, which has raised questions about XRP’s classification as a security, the approval and launch of XRPI suggest growing confidence in XRP’s role as a viable digital asset. The ETF could signal that market participants and regulatory bodies are increasingly distinguishing between Ripple’s legal challenges and XRP’s market utility. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Analyst Reaction and Community Buzz The announcement by Amelie on X ignited a wave of excitement across the crypto community, with many seeing the ETF as a bullish indicator for XRP’s future adoption. The move also places XRP in the company of other leading digital assets like Bitcoin and Ethereum, which have already seen ETF products boost their mainstream appeal. Market analysts suggest that the ETF could bring greater liquidity to XRP markets and provide a regulated on-ramp for institutional investors looking to diversify their crypto exposure. Implications for XRP and the ETF Market The introduction of the XRPI ETF may set the stage for more XRP-related financial instruments in the future. It opens new possibilities for retail and institutional investors alike, offering regulated exposure to one of the world’s most traded cryptocurrencies. As digital assets continue to gain traction in traditional finance, XRPI’s success will be closely watched as a potential model for how other altcoins might achieve similar market integration. With Robinhood expanding its crypto offerings and the launch of XRPI paving the way, the broader financial ecosystem may soon see a surge of new crypto ETFs, further bridging the gap between decentralized assets and mainstream investment portfolios. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Robinhood Lists XRP ETF appeared first on Times Tabloid .
Today in crypto, Changpeng Zhao has responded forcefully to The Wall Street Journal’s latest report linking the former Binance CEO’s crypto dealings with the Trump-back decentralized finance platform World Liberty Financial, United States Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger said crypto perpetual futures could soon come to the US, and lawmakers plan to amend the GENIUS Act to bar sitting presidents from profiting off stablecoins. CZ refutes claims in latest WSJ article on Trump-linked crypto dealings Binance co-founder and former CEO Changpeng “CZ” Zhao has pushed back against a report in The Wall Street Journal, calling it a “hit piece” filled with inaccuracies and negative assumptions. In an X post, Zhao criticized the publication’s portrayal of his alleged involvement with World Liberty Financial, the decentralized finance project backed by a business entity affiliated with US President Donald Trump. Trump’s sons — Eric and Donald Jr. —are involved in the management of the company. Zhao said the WSJ article portrayed him as acting as a “fixer” for the WLF team and its co-founder Zach Witkoff during foreign trips. The article suggested Zhao facilitated introductions and meetings for WLF leaders during foreign trips, including a visit to Pakistan that reportedly resulted in a memorandum of understanding with a local official. “I am not a fixer for anyone,” Zhao said, firmly denying that he connected Pakistani official “Mr. Saqib” with WLF or organized any engagements abroad. “They had known each other way back, whereas I only met with Mr. Saqib for the first time in Pakistan.” Source: Changpeng Zhao Crypto perp futures coming “very soon” to US: CFTC’s Mersinger Outgoing Commodities and Futures Trading Commission Commissioner Summer Mersinger said on May 22 that the regulator could greenlight crypto perpetual futures contracts “very soon.” “We’re seeing some applications, and I believe we’ll see some of those products trading live very soon,” she told Bloomberg TV, adding it would be “great to get that trading back onshore in the United States.” Summer Mersinger on Bloomberg TV. Source: YouTube Crypto perpetual futures are derivative contracts that allow traders to speculate, often with high leverage, on the price of a cryptocurrency without actually owning it and can be held indefinitely. Mersinger, who will leave the CFTC at the end of May to join the crypto lobby group the Blockchain Association as CEO, said having crypto derivatives trading and regulated in the US would be a “really good thing for these markets and would be really beneficial to the industry broadly.” Senators plan to amend GENIUS Act to address Trump family's stablecoin Though a majority of members of the US Senate voted to advance a bill to regulate payment stablecoins on May 20, high-ranking Democrats are planning to propose an amendment to the legislation to address President Donald Trump’s connections to the cryptocurrency industry. According to a May 22 Axios report, Senate Minority Leader Chuck Schumer and Senators Elizabeth Warren and Jeff Merkley will file an amendment to the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, to block a US president from profiting from stablecoins. The proposed amendment would come after 18 Democrats sided with Republicans in the Senate in voting to advance the bill on May 20 after it failed a procedural vote on May 8. “Passing the GENIUS Act without our anti-corruption amendment stamps a Congressional seal of approval on Trump selling access and influence to the highest bidder,” Merkley said in a May 22 X post. Trump and his three sons are involved in the crypto platform World Liberty Financial (WLFI), which launched its USD1 stablecoin in March. Critics have pointed out that the president could continue to personally benefit from legislation that helps recognize stablecoins like USD1 as financial instruments in the US.
Meta Description: The Solana price is on track for a new ATH, while the Dogecoin price is tipped to cross $1; Unilabs, a new DeFi token, is listed among the best AI coins to buy now. Although in the final leg of May, a new Solana coin all-time high cannot be ruled out. Technical analysts hint at a big leap in the coming days, not to mention the bold Solana price predictions making the rounds. At the same time, key indicators suggest a significant upswing in the Dogecoin price and Unilabs (UNIL) . At the intersection between decentralized and traditional finance, UNIL, a novel DeFi asset manager, will be backed by artificial intelligence. Its deep AI integration and machine learning models will optimize users’ portfolio allocation, risk management and yield generation. Dubbed the future of finance, the ongoing UNIL presale might be this month’s smartest investment move. Unilabs (UNIL): The World’s First DeFi Asset Manager Backed by AI Unilabs (UNIL) might not be as popular as most top altcoins, but its upside potential makes it more appealing. The ongoing UNIL presale is at the heart of the current market buzz, surpassing $810,000 in funding in record time. At $0.0051 in stage 2 of the ICO, it is more pocket-friendly than the Dogecoin price and the Solana price and could explode in value by just having a fraction of their market caps. Given its solid fundamentals as the world’s first AI-backed DeFi asset manager, UNIL might be this year’s breakout protocol. It has over $30 million in AUM spread across the AI Fund, Mining Fund, BTC Fund and RWA Fund, built to empower investors by mitigating risks and maximizing returns in the volatile crypto scene. Further, the platform’s core offerings include AI Market Pulse, Memecoin Identification Tool and Early Access Scoring System. Its AI Market Pulse is a real-time analysis tool that employs machine learning algorithms to monitor and interpret on-chain and off-chain data. Meanwhile, the EASS evaluates and ranks emerging crypto projects, guaranteeing optimal gains. Solana (SOL): New ATH Soon? The Solana price retested $170, pushing its monthly gain above 25%. With momentum rising and moving averages like the 9-HMA and 20-VWMA suggesting further upswings, a new all-time high might be on the cards this month. SigmaKaiji, a leading analyst on X (formerly Twitter), sees the Solana coin price reaching $500 if BTC hits $150,000. Jeremyybtc, also sharing a similar bullish sentiment, targets $300 soon—an optimistic Solana price prediction. Given the above, SOL is a good DeFi token to buy. However, Unilabs might be a more compelling alternative—for good reasons, of course. As a low-cap token, UNIL has plenty of room to run, made more bullish by its deep AI integration. Dogecoin (DOGE): A Breakout Above $0.4 Might Spark a Huge Leap in Price The Dogecoin price swings upward on the daily chart, regaining lost footing with a 5% upswing. The dog-themed cryptocurrency is up over 45% in the past 30 days, changing hands at around $0.24. Meanwhile, according to the MACD Level (12, 26) and the Awesome Oscillator—bullish technical indicators—the Dogecoin price might be in for a big leap. Retesting $0.3 will validate this thesis, potentially pushing the price above $0.5. In addition, Best_analysts, a top crypto trader, takes a long position and targets a jump toward $0.48 and $0.61. Another crypto analyst, MathmoneyX, has $1 as a base case this cycle and $5 to $6 in a bull case scenario—a bold Dogecoin price prediction. However, with many investors looking beyond memes, solid altcoins like Unilabs—a novel AI-backed DeFi asset manager—might be a better bet. Unilabs (UNIL): Why It is a Must-Have Ahead of Solana (SOL) and Dogecoin (DOGE) Compared to large-cap coins like SOL and DOGE, the UNIL token has plenty of room to run, making it a new investor favorite. In addition, it is more budget-friendly than the Dogecoin price—no need to break the bank for better positioning. Moreover, by attracting just 1% of the traditional hedge fund capital, Unilabs could flip the Solana coin. For more information about Unilabs (UNIL) visit the links below: Buy Presale Website Telegram Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
COINOTAG News, May 23rd. In a significant shift within the cryptocurrency lending landscape, Ledn has announced the termination of Ethereum support and its associated interest-bearing services. This strategic pivot, set
Only a few months after it launched its early access, the team behind the blockchain-based game Ember Sword announced that the project is shutting down to due to lack of funding. On the game’s official website , the developer team behind the Ethereum ( ETH )-based massively multiplayer online role-playing game or MMORPG posted a statement to players and supporters of the game that it is shutting down the project after it was “unable to secure the funding” needed to develop the game further. “We explored every possible way forward. But in today’s market — where even some of the most promising projects are shutting down — we couldn’t find a path to keep building,” wrote the team in a statement. Ember Sword is the latest in a series of web3 games that have shut down operations this year, joining the ranks of Deadrop, Nyan Heroes, Tatsumeeko and many more. Last December, the game had just launched its public early access after moving to the layer-2 network Mantle. It had previously jumped ship from the Polygon ( POL ) ecosystem to Immutable X. However, it will no longer continue with an official launch following its latest announcement. Price chart for Ember Sword’s native token, EMBER, in the past few days, May 23, 2025 | Source: CoinGecko You might also like: Dr Disrespect’s NFT dream game Deadrop shuts down “This isn’t the ending any of us wanted. But we wanted to sincerely thank you for being here, for believing in this vision, and for helping make Ember Sword something we’ll never forget,” the team stated. At press time, the game’s native token EMBER has seen minimal price action, plummeting by 3% in the past 24 hours. Its current price stands at $0.00047. The token has plummeted more than 99% from its initial peak of $0.068. EMBER’s market cap sits at $80,657 market cap. Back in 2021, the game generated social media buzz after it managed to attract $203 million in NFT land sales through 35,000 players. The developer team consisted of prominent gaming veterans as advisors, including Rob Pardo, former chief creative officer at Blizzard Entertainment and lead designer of major gaming franchise World of Warcraft, as well as retired esports player Dennis “Thresh” Fong. You might also like: Soneium partners with Square Enix’s SYMBIOGENESIS to provide cross-game NFT rewards
While most retail traders were glued to the Dogecoin price charts, one millionaire quietly turned heads by betting on Unilabs, an AI-powered PassiveFi altcoin currently in presale. As Dogecoin price battles resistance near $0.26, that early Unilabs investor is now up 280%, proving that the next wave of crypto wealth may not come from memes but from intelligent, data-driven portfolio automation. Unilabs: The PassiveFi Powerhouse Disrupting Crypto Investing Unilabs is not just another crypto token; it’s the world’s first AI-powered decentralized asset manager, with over $30 million in assets under management (AUM). Designed to eliminate human error and emotion from investing, Unilabs operates through a multi-fund structure powered by algorithmic intelligence. There are the AI Fund, BTC Fund, RWA Fund and Mining Fund, with each fund designed to work efficiently in real time to take advantage of market trends. At the core of Unilabs lies its proprietary AI engine that dynamically allocates capital across high-performing assets, including memecoins, real-world asset tokens, and blue-chip cryptocurrencies. Unlike manual trading or static portfolios, Unilabs continuously learns and evolves. The result? Sharper entries, smarter exits, and dramatically improved return consistency for users. For investors who’ve watched DOGE’s rise and fall cycles, Unilabs offers something new: stability, automation, and growth through data-backed intelligence. The Top Presale Opportunity of 2025: Unilabs Unilabs is currently in Stage 2 of its presale, with 15% of the tokens sold. A total of $854K has been raised so far, and 180M $UNIL tokens have already been purchased. The current token price is $0.0051, and it is set to rise to $0.0062 in the next stage, encouraging early participation before the price increases. The tiered reward structure within the Unilabs ecosystem provide $UNIL holders with redistributed platform fees. A five-tier approach is used by Unilabs to redistribute 30% of every fee they charge. The higher the number of tokens held, the higher the tier and share in the fee pool. For instance, Tier 1 (The Sparrow) requires 500,000 $UNIL and offers 0.1% of the fee pool, Tier 2 (The Kestrel) needs 1,000,000 $UNIL and grants 0.15%, and Tier 3 (The Hawk) requires 2,000,000 $UNIL with a 0.2% share. DOGE: Bullish Setup or Tired Meme? DOGE has captured investor attention again, rising 44% in the past month to reach $0.2257. Technical analysts note that the Dogecoin price is forming a bull flag, which is a historically bullish chart pattern, and a breakout above $0.26 could send the Dogecoin price surging toward $0.35 or even $0.45. But beneath the surface, things look less stable. Sentiment in the market is unsure following the recent disposal of 170 million DOGE valued at $40 million from whale wallets. According to CoinDesk Research, the Dogecoin price is consolidating below critical resistance after an 18% drop since its May 10 high. Despite some bullish momentum, intraday volatility is high. Dogecoin price spiked from $0.222 to $0.228 before pulling back sharply, suggesting resistance at $0.233-$0.234 remains strong. Source: CoinMarketCap Meanwhile, the millionaire who sidestepped DOGE in favor of Unilabs now holds a 280% gain, highlighting the risk-reward gap between speculation and strategy. While DOGE’s upside potential is tied to hype cycles and sentiment, Unilabs delivers algorithmic consistency and asset-backed growth. Conclusion Every crypto cycle produces new winners, but those who catch them early tend to dominate. DOGE had its moment, and while it might rally again, intelligent investors are increasingly shifting toward structured, AI-managed ecosystems like Unilabs. The presale is live, and every round grows closer to its hard cap. With $30 million already under management, Unilabs is building a data-driven future for DeFi, where human bias is replaced with logic, and passive income is accessible to everyone. If you missed DOGE’s first wave or fear its next correction, consider this your pivot point. Join the Unilabs ecosystem today and secure your entry into PassiveFi before the next leg up begins. Discover the Unilabs (UNIL) presale: Presale: https://www.unilabs.finance/ Telegram: https://t.me/unilabsofficial/ Twitter: https://x.com/unilabsofficial/ Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.