Why the crypto market crashed today and dragged Bitcoin below $78k
The crypto market lost $90B in an hour as PPI hit 6%, BlackRock's IBIT shed $136M, and 154,000 traders were liquidated in 24 hours.
NewsBTC·
Failed transactions on the XRP Ledger climbed sharply this week alongside a burst of new user activity, as on-chain data pointed to a wave of participation that accompanied the token’s latest price recovery. Wallets Running Toward 8 Million Total activated accounts on the XRP Ledger reached 7,856,080, putting the network within striking distance of a milestone that has been building for months. Related Reading: Bitcoin Faces Major Test As 37% Recovery Collides With Bear Resistance That figure was pushed higher by a surge in new wallet creation — 3,317 fresh wallets were added in a single day, the strongest reading since March 19. New wallet activity had been relatively quiet for much of May, dipping to around 2,200 on May 10 before climbing back up in the days that followed. Active addresses on the network also jumped. According to Santiment, 48,453 unique addresses were active within a 24-hour window — the highest count since March 30. XRP’s price had climbed above $1.54 during that p
Read full articleThe crypto market lost $90B in an hour as PPI hit 6%, BlackRock's IBIT shed $136M, and 154,000 traders were liquidated in 24 hours.
XRP whale withdrawals from Binance hit nearly daily since May 3, with 403M tokens pulled as price climbs toward $1.47. What does the data say? The chart said what the price had not yet confirmed. Something changed on Binance around May 3. Since that date, large XRP whale withdrawals from the exchange have appeared almost […] The post XRP Whale Withdrawals Go Daily on Binance, 403M Gone Since May 3 appeared first on Live Bitcoin News.
Rap star and hip-hop veteran Drake dropped three surprise solo albums on May 15, 2026, totaling 43 tracks, and buried the crypto world’s most talked-about verse inside a single boastful cut called “Dust.” Drake Releases Triple Album in May 2026 and Plants Bitcoin, FTX Shoutout on Iceman Cut The three projects, “Iceman,” “Habibti,” and “Maid […]
Bitcoin fell below $78,000 (hitting a session low of $77,614), a drop that erased its monthly gains and shaved over $40 billion off its market cap. Bitcoin Slips Below $78,000 as Geopolitical Tensions Rise Bitcoin dipped below $78,000 Saturday morning amid fears that the U.S. and Israel are about to resume bombing Iranian facilities. Bitstamp […]
XRP tried to escape consolidation once again but a familiar resistance was too strong.
XRP is experiencing a significant price retracement after being rejected at $1.55. So far in May, the altcoin’s price movement has been unstable, with each gain followed by a prominent dip, yet it has formed an ascending trendline. XRP finds itself in a similar situation as prices have corrected by over 7% in the past three days. Notably, the market analysis page, MCO Global, has shared some insights on this situation, discussing the altcoin’s potential to sustain its trendline or be exposed to major downside targets. Related Reading: XRP Leverage Expansion Raises Risks Near $1.50 Resistance – A Big Move May Follow XRP Recovery Hinges On Pivotal $1.40 Support In an X post on May 15, analysts from MCO Global have highlighted the key short-term price levels in the present XRP market structure. Given the volatile action over the past two weeks, experts concur that market participants are nervous about price direction. However, amid this choppy price action, XRP has maintained an important
XRP Ledger gains attention as Saudi tokenization plans grow, with droppRWA citing $12.5B in real estate mandates. XRP Ledger is in focus as Saudi Arabia advances tokenized asset plans under Vision 2030. Market reports say the kingdom is studying blockchain use across real estate and national wealth systems. No blockchain has been officially selected by […] The post XRP Ledger Gains Attention As Saudi Tokenization Ambitions Accelerate appeared first on Live Bitcoin News.
Lombard Finance migrates $1B+ in Bitcoin assets to Chainlink CCIP after LayerZero’s $292M Kelp DAO security breach. North Korean hackers poisoned LayerZero’s internal RPCs, triggering a mass DeFi exodus toward Chainlink’s infrastructure. Kraken, Solv Protocol, Re, and Kelp DAO have also dropped LayerZero for Chainlink CCIP following the catastrophic hack. Lombard Finance, one of Bitcoin […] The post Bitcoin DeFi Giant Lombard Exits LayerZero Amid Massive Hack Fallout appeared first on Live Bitcoin News.