The post Cardano Price Prediction: ADA Breaks Out As Grayscale Lifts Exposure To 18.33% appeared on BitcoinEthereumNews.com.
ADA derivatives volume surged 129.80% to $917.34M and open interest climbed 6.94% as price broke above a descending triangle held since February Grayscale raised ADA’s weight to 18.33% in its smart contract fund on May 7, keeping it third behind Solana and Ethereum Retail longs are piling in at a 2.37 ratio on Binance while shorts build positions above price ahead of Thursday’s CLARITY Act vote Cardano trades at $0.2777 on May 11, fading after tagging $0.2829 intraday, one session after breaking a three-month descending triangle that had compressed price since February while Grayscale quietly raised its ADA allocation to 18.33%. ADA Daily Chart: Triangle Breakout Stalls at the 100 EMA Cardano Daily Price Action (Source: TradingView) From February through late April, ADA ground inside a descending triangle with lower highs pushing toward rising support near $0.24.
The post Bitforex Founder Garrett Jin Deposits $1.35B in ETH to Binance in 4 Days appeared on BitcoinEthereumNews.com.
Key Takeaways Garrett Jin deposited all 577,896 ETH ($1.35B) into Binance over 4 days ending May 11, 2026. Jin acquired the ETH by swapping BTC at $4,591 per ETH; the position has since lost about 49%. The Bitforex founder still holds roughly 9,343 BTC worth $757M despite the ETH drawdown. A $1.35 Billion ETH Offload and a Costly Trade A wallet attributed to Garrett Jin completed the transfer of its entire ether ( ETH) holdings to Binance on Sunday. The final batch was 225,627 ETH, worth approximately $528.19 million at current prices, bringing the total deposit over four days to 577,896 ETH, or roughly $1.35 billion. Onchain data showing Garrett Jin’s remaining 225,627 $ ETH being deposited into Binance. The transfer closes the book on what appears to be a costly trade given Jin swapped his bitcoin holdings for ETH approximately eight months ago, when ether was changi
The post Ripple CEO Headlines Major Binance Online Event appeared on BitcoinEthereumNews.com.
Ripple CEO Brad Garlinghouse has been named among exclusive speakers at the upcoming Binance online event scheduled to be held on May 13. Garlinghouse will share the stage with Binance Co-CEO Richard Teng and Lily Liu, Solana Foundation president, in a ‘Binance Online’ session, tagged “the Evolution era” which is expected to delve into the future direction of crypto and blockchain adoption. Binance urged users to “tune in at Binance Online,” though additional details about the session at the event were not made available in the tweet. Garlinghouse’s participation comes at a time when Ripple is expanding further into payments, tokenization and institutional blockchain services. Veteran Trader Peter Brandt Calls ‘Major Bottom’ for SUI 3 Reasons Why Hyperliquid (HYPE) $50 Rally Failed, Bitcoin (BTC) Has No Fuel Left, Toncoin (TON) Critical Market Correction Begins: Crypto Market Review In the p
A wallet linked to Garrett Jin, founder of the now-defunct exchange Bitforex, has deposited all 577,896 ether into Binance over just four days, closing out a position he acquired by swapping bitcoin for ETH when ether was trading at $4,591. A $1.35 Billion ETH Offload and a Costly Trade A wallet attributed to Garrett Jin […]
A crypto analyst has just predicted multiple bullish price targets for Ethereum (ETH), but expecting a major dip to critical support levels first before a sharp rally toward $6,000. From there, he outlines a roadmap to much higher targets, with $24,000 set as the ultimate parabolic zone. The analyst has based his bullish projections on the likelihood that Ethereum can break out of a crucial multi-year channel and advance with strong momentum. Analyst Forecasts Ethereum Price Target Of $1,700 To $6,000 Celal Kucuker, a crypto analyst on X, presented a new bullish outlook for Ethereum on May 9, outlining a steady long-term roadmap to an ultimate target above $24,000. Before this projected bullish run begins, the analyst predicts a potential drop to a price level he calls Ethereum’s “mega support zone.” Related Reading: Analyst Sets $220,000 Minimum Price Target For Bitcoin, But How Will It Get There? Kucuker has set this critical support at $1,760-$1,800, likely expecting ETH to decline
BlackRock tokenized fund filing adds Ethereum share class to a $6.1B liquidity fund as Chalom tracks fund complex adoption. BlackRock’s latest tokenized fund filing has placed Ethereum rails back in focus. The filing shows how major asset managers are moving beyond single tokenized products. It also comes as Joseph Chalom says tokenization may enter a […]
The post BlackRock Tokenized Fund Filing Puts Ethereum Rails in Spotlight Again appeared first on Live Bitcoin News.
Binance has expanded access to its Institutional Loan product to all KYB-verified VIP clients while introducing higher leverage limits, fixed-rate borrowing terms, and a new interest rebate program tied to trading activity. According to a May 11 press release, Binance…
AI-driven tokenization could reshape financial systems, boosting Ethereum's role but potentially widening wealth gaps in crypto markets.
The post Veteran investor Jordi Visser buys Ether as AI drives tokenization demand appeared first on Crypto Briefing.
