After springing back to life on the back of positive CLARITY Act development, the price of Bitcoin has been relatively quiet over the past few days. The premier cryptocurrency, which had been dancing around $82,000, is now barely above $78,000. According to a crypto trader on the social media platform X, the latest decline in Bitcoin’s price might not be what it seems and could be a fakeout. Divergence Between BTC Price, Open Interest Suggests Imminent Reversal Pseudonymous crypto pundit Cryptic Trades took to the X platform to share an interesting take on Bitcoin’s recent price decline. The market analyst posited that a combination of on-chain signals points to the formation of a trap for BTC short-position traders. Firstly, Cryptic Trades highlighted a divergence between Bitcoin’s price and the Open Interest metric, which measures the total number of outstanding derivative contracts for a cryptocurrency. While BTC’s price fell towards $78,000, the Open Interest metric has been on an
The CFTC's understaffing risks delaying effective crypto regulation, potentially undermining US leadership in digital asset oversight.
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Tokenized US Treasury bonds sitting on the XRP Ledger have grown from $50 million to $418 million in roughly a year — an eightfold jump that is drawing fresh attention to Ripple’s blockchain network and renewing speculation about where XRP’s price could go next. Related Reading: Warren Zeroes In On Crypto Deal Structure As $75M Loan Draws Attention Institutions Behind The Surge Platforms including OpenEden, Ondo Finance, and Zeconomy are behind the Treasury tokenization push on XRPL. Their activity signals that established financial players are testing the network as a way to move traditional assets onto a blockchain rail. According to data tracking platform RWA.xyz, the XRP Ledger climbed more than 60% over the past 30 days in its RWA rankings, putting it within striking distance of BNB Chain. Total tokenized real-world asset value on XRPL has crossed $3.6 billion in just five months, based on data cited by community commentator X Finance Bull in a post on X. Why are people still hati
The post Bitcoin and XRP Price Prediction After Iran Launches “Hormuz Safe” — Will Crypto Rally on Rising Geopolitical Tensions? appeared on BitcoinEthereumNews.com.
Bitcoin and XRP prices remained under pressure as crypto markets struggled to recover from recent heavy losses across major digital assets. After the inflation data rose, investors were less optimistic about the Fed cutting interest rates this year. Bitcoin price fell under $79,000, Ethereum under $2,200 and XRP around $1.40. Meanwhile, geopolitical tensions increased after Iran launched its new “Hormuz Safe” Bitcoin-based insurance platform connected to the Strait of Hormuz shipping route. Crypto Market Faces Heavy Selling Pressure The overall crypto market experienced a major correction, with significant drops in the value of major cryptocurrencies, and those losses amounted to nearly $90 billion. The entire crypto market capitalization fell 3% and came close to the $2.6 trillion support level. Bitcoin dipped to $77,678
Intesa Sanpaolo grew its crypto holdings from $100 million to $235 million in Q1 2026, making first-time moves into Ethereum and XRP while nearly exiting Solana entirely.
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House Agriculture Committee Chair Glenn Thompson and Ranking Member Angie Craig urged President Donald Trump to nominate a full bipartisan slate of Commodity Futures Trading Commission members. Summary House Agriculture leaders want Trump to fill CFTC seats before new crypto rules reach implementation. CFTC staffing pressure rose after Senate Banking Committee advanced CLARITY in a bipartisan 15-9 vote. Industry leaders said clearer rules could support tokenization, stablecoins, consumer protection, and compliant market growth. Their May 15 letter said the CFTC faces urgent work tied to derivatives markets, new technology, and changing market structures. The lawmakers said Congress and the White House are working on legislation that would expand the CFTC’s mandate over spot digital commodity trades. They said a five-member commission would produce better regulations, more