Connect with us
DAPA Banner

Crypto World

Pavel Durov Just Took Over TONCoin as Its Largest Validator and Cut Fees to Near Zero: Is This the Catalyst TON Has Been Waiting For?

Published

on

Pavel Durov Just Took Over TONCoin as Its Largest Validator and Cut Fees to Near Zero: Is This the Catalyst TON Has Been Waiting For?

In a bold move that sent ripples through the crypto world, Telegram founder Pavel Durov announced today that fees on The Open Network (TONCoin) have already dropped 6x, plummeting to nearly zero.

But that’s just the beginning. Telegram is stepping up to replace the TON Foundation as the primary driving force behind the blockchain, becoming its largest validator.

This shift marks a major turning point for TON. After delivering a 10x speed upgrade in April (Step 1 of the “Make TON Great Again” plan), the network is now accelerating its transformation with Telegram’s direct involvement.

Source: @Durov

The focus is shifting squarely to technological superiority, backed by a refreshed ton.org website, new developer tools, and significant performance upgrades, all expected to roll out in the next 2–3 weeks.

Discover: The best crypto to diversify your portfolio with

Advertisement

Why This Matters For Telegram And Toncoin Foundation

Durov is making a direct bet on scale.

Telegram’s nearly 1 billion users combined with TONCoin ultra-low-cost infrastructure is the thesis. Near-zero fees and sub-second transactions open the door for seamless in-app payments, mini-apps, DeFi, and mass adoption at a scale most blockchains cannot touch.

24h7d30d1yAll time

Many transactions could soon become completely feeless.

Advertisement

For developers it means easier building and faster iteration. For the broader ecosystem it signals Telegram’s full commitment to turning TON into a high-performance backbone for real-world applications, not just another speculative asset.

Speculation is not the endgame here. Everyday utility is. With Telegram firmly in the driver’s seat, the Make TON Great Again roadmap is just getting started.

Discover: The best pre-launch token sales

The post Pavel Durov Just Took Over TONCoin as Its Largest Validator and Cut Fees to Near Zero: Is This the Catalyst TON Has Been Waiting For? appeared first on Cryptonews.

Advertisement

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

BTC, ETH, XRP, ADA, SOL as SPX, DXY Move

Published

on

Crypto Breaking News

Bitcoin extended its latest ascent into the new week, clearing the $80,500 zone and nudging toward the $84,000 level as bulls attempt to take charge. The move comes with a constellation of supporting indicators—from on-chain liquidity signals to rising institutional participation—suggesting the upside may have more room to run, at least in the near term. Yet traders are also weighing potential resistance at key levels and the broader macro backdrop, including equities and the dollar, which could curb momentum if risk-off conditions return.

On-chain dynamics are featuring prominently in the bullish narrative. An indicator tracked by analysts points to a potentially explosive setup if Bitcoin clears the $84,000 mark: a surge above that level could unleash around $2.85 billion in short liquidations across exchanges, underscoring how fragile a breakout can be without broad participation. Meanwhile, capacity for institutional demand remains a recurring theme as funds continue to accumulate exposure to BTC, with observers citing a sustained appetite among large buyers that could propel prices higher in the weeks ahead.

Key takeaways

  • BTC has cleared the $80,500 hurdle and eyes a test of $84,000; a break above could trigger meaningful short liquidations around $2.85 billion across exchanges.
  • Institutional demand remains a persuasive force, with reports noting periods where buyers absorb 500%+ of Bitcoin’s daily mined supply, a pattern historically associated with further upside in the ensuing weeks.
  • The broader market backdrop shows the S&P 500 at fresh highs while the U.S. dollar trades within a tight range, setting up a delicate balance between macro risk and crypto momentum.
  • Among the top altcoins, Ether, XRP, and Dogecoin are showing relative strength, while several other major alts have yet to gain sustained traction—highlighting a bifurcated momentum landscape.

Bitcoin momentum and on-chain signals

BTC’s breakout above the $79,500 resistance has investors weighing the next leg higher. If the current momentum holds, the next clear target appears near $84,000, a level that, if decisively breached, could reframe the near-term trajectory for the pair. Traders will be watching whether the price can remain above the 20‑day exponential moving average, currently acting as a short-term fulcrum around the mid-$70,000s; a sustained hold above this EMA would bolster the case for an extended rally.

Analysts have been revisiting the implications of an extended move higher. One widely cited perspective notes that a breakout through $84,000 could prompt substantial short liquidations, a signal that risk appetites across the market could intensify further. In parallel, commentary from market observers has highlighted how on-chain behavior—particularly the pace at which new supply is absorbed by market participants—can serve as a leading indicator for price action in the weeks ahead.

In a contrasting view, some traders emphasize that upside catalysts must be confirmed by a broadening base of buyers, not just a handful of momentum players. As BTC remains tightly correlated with macro catalysts, any escalation in risk-off sentiment could cap gains or trigger a swift pullback, especially if liquidity pockets thin out at key levels.

Advertisement

For context, analysts and industry observers have pointed to notable institutional activity as a contributing factor behind recent price momentum. Charles Edwards, founder of Capriole Investments, noted on X that institutions have been “slurping up 500%+ of Bitcoin’s daily mined supply.” Historical patterns following similar bursts of demand have coincided with multimonth strength, though observers caution that past performance is not a guarantee of future results. If the trend continues, some expect BTC to flirt with higher targets in the near term—potentially into the mid-$90,000s if momentum sustains.

Markets in macro context

Beyond crypto-specific signals, the traditional markets present a mixed but constructive backdrop. The S&P 500 climbed to a fresh high, with the index trading in an uptrend as buyers maintain an edge above the 20-day exponential moving average. The key support around 7,000 remains a strategic line in the sand; a sturdy bounce at that level would bolster the case for a continued rally toward higher targets, while a close below could open the door to a deeper pullback and a test of the 50-day moving average.

The U.S. Dollar Index, meanwhile, has been oscillating between the 50-day moving average near 98.97 and support around 97.74. The near-term bias remains nuanced: a move above the 50-day line could signal renewed dollar strength, potentially weighing on crypto gains, whereas a break below the 97.74 support might invite a renewed risk-on rotation that could help crypto assets extend their gains toward higher resistance levels.

Taken together, the macro backdrop underscores a delicate balance. If risk assets continue to outperform, crypto markets could ride the wave of optimism into the next leg higher. Conversely, a shift toward safer assets or rising volatility could pressure prices, particularly for fragile altcoin momentum where liquidity and sentiment can diverge quickly from BTC.

Advertisement

Altcoin landscape: a mixed bag of signals

Ether extended its recent strength, clearing the 20-day EMA near $2,298 and marching toward the $2,465 overhead resistance. Traders will be watching whether demand can push ETH through that threshold; a sustained breakout could open the door toward a higher target in the vicinity of $3,050, should the momentum persist. A stall at the $2,465 level would be a warning sign that resistance is mounting and that a consolidation phase could ensue, keeping ETH within a defined range for a period.

XRP has also moved higher, lifted by a broader rally in selective large-cap altcoins. A close above the key $1.61 level would put the XRP/USDT pair on track to revisit the $2.00 area and push toward $2.40 as buyers attempt to shoulder the next leg higher. If the price fails to clear that hurdle, XRP could remain trapped in a range roughly between $1.27 and $1.61, delaying a decisive breakout.

BNB seems to be treading water near its moving averages, suggesting indecision between bulls and bears. The immediate range sits around $570 to $687; a sustained close above $687 could unleash a rally toward $790, while a break below $570 would open the path back to $500 as bears attempt to reassert control.

Solana has shown tentative strength as it tests the moving averages. A decisive close above the $82.65 area could propel SOL toward the $90.73 resistance, with a breakout potentially taking the price toward $98. Below $82.65, buyers would need to defend the level to prevent a retrace toward $76, keeping the short-term trajectory uncertain until a clear breakout direction emerges.

Advertisement

Dogecoin has cleared the $0.11 barrier, opening the door to a move toward $0.12 and beyond if bullish momentum persists. A sustained push through $0.12 could target the $0.14–$0.16 region, though a reversal lower from current levels would likely anchor DOGE within a tight range near $0.09–$0.12 for longer.

Hyperliquid has maintained above its 20-day EMA around $41, but a long upper wick hints selling pressure at higher levels. The price could face resistance in the $43.76–$45.77 zone; a break above this area might push the pace of the rally toward $50 and beyond to around $51.43, while a break below the 50-day moving average could tilt the chart back to the bears’ favor toward the mid-$30s.

Cardano has inched above the downtrend line but faces an uphill battle at the 50-day moving average near $0.25. A sustained push above that level could see ADA rise toward $0.29 and then $0.31, with $0.22 acting as a critical support. A break below could reintroduce a corrective phase for the token within its current range.

Overall, the altcoin picture remains nuanced. A handful of the big-cap tokens are showing resilience and fresh demand, while others lag, underscoring a market where breadth and participation remain uneven. Traders should monitor how cross-asset risk appetite evolves, as crypto markets often amplify shifts in macro sentiment more quickly than traditional equities.

Advertisement

What to watch next

Looking ahead, the immediate questions center on whether BTC can sustain its breakout above $84,000 and how the surrounding macro environment will react to continued risk-on or risk-off shifts. A clean close above $84,000 would strengthen the case for higher targets, but traders should remain mindful of potential liquidity-driven volatility and the possibility of a quick pullback if selling pressure intensifies at resistance levels.

On the altcoin side, the next few sessions will reveal whether ETH and XRP can extend their breakouts, whether BNB can decisively clear the $687 hurdle, and how the broader momentum across Solana, Dogecoin, and the niche players like Hyperliquid and Cardano evolves. Investors should watch for confirmation signals—volume expansion, sustained closes above critical thresholds, and evolving correlations with BTC and traditional markets—to gauge whether the current momentum has legs or simply marks a pause before the next chapter.

As always, the evolving interplay between macro drivers, on-chain signals, and trader sentiment will determine whether the week’s rallies solidify into a lasting trend or fade into a consolidation phase. Keep a close eye on how BTC behaves around the $84,000 level and how the SPX and DXY respond to ongoing macro data releases in the days ahead.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Advertisement

Source link

Continue Reading

Crypto World

Bitcoin falls below $80K as Iran hits UAE raising tensions

Published

on

Crypto Breaking News

The tension between the two geopolitical entities in the Middle East drove Bitcoin downwards as missile attacks were launched on the United Arab Emirates. The progress eroded trust in a shaky ceasefire between the United States and Iran. As a result, Bitcoin slipped below the $80,000 mark after briefly trading above that level earlier.

Bitcoin Retracts Once More Following New Middle East Tensions

Bitcoin dropped when it was announced that there were missile attacks being launched by Iran and directed towards the United Arab Emirates. The UAE military officials identified four missiles, and most of them were successfully intercepted. Nevertheless, the landing of one of the missiles in the surrounding waters has brought up new security issues.

In turn, the market mood changed swiftly as traders responded to the risk of the escalation. Bitcoin dropped out of its highs of over 80,000 and settled around 79,800 in intraday trade. Although the asset decreased, it still experienced relatively low increases in its value each day because of the previous bullish trend.

Bitcoin had been boosted by optimism at an earlier stage as the markets hoped that the United States and Iran would stabilise their relations. Nevertheless, the recent strikes upset such a story and brought a new wave of uncertainty. Consequently, Bitcoin experienced instant selling pressure on large exchanges.

Advertisement

Oil Prices Soar, and Crypto is Under Pressure

The geopolitical events were met with a strong reaction in oil markets, which were concerned about issues of supply disruptions. Brent crude futures shot up more than four per cent and momentarily climbed above the $114 mark. Meanwhile, the West Texas Intermediate futures also surged by over $105 over the period.

Increased oil prices tend to affect the overall financial situation and risk appetite in the markets. In the present scenario, the increase in energy prices put a strain on Bitcoin and other digital currencies. The crypto market, in turn, responded adversely, as the macroeconomic issues grew.

Simultaneously, the tensions around the Strait of Hormuz added to the fears of the interrupted global oil supplies. It was reported that there was increased military activity in the region, though some reports could not be confirmed. However, uncertainty was the only factor that was enough to affect both commodities and cryptocurrencies.

Ceasefire Risks Introduce Uncertainty To the Market Direction

The current missile action poses a threat to a ceasefire agreement that already is fragile between the United States and Iran. The two parties have been recording instances of defusing tensions since the recent developments have been witnessed. Nevertheless, the scenario now seems to be shaky and might change rapidly.

Advertisement

Also, political cues have been inconsistent, and that has contributed to confusion in the market. Some of the proposals that were made to end the conflict had been rejected previously by the United States. Meanwhile, Iran has shown willingness to retaliate in case the tensions continue to escalate.

This dynamic reality has put global financial markets in a complex environment, including cryptocurrencies. Bitcoin was recently on its knees in anticipation of less geopolitical risk and favourable policy changes. The recent surge has, however, undone some of those gains and brought in new volatility.

In general, the recent price trend of Bitcoin indicates its vulnerability to the geopolitical changes and macroeconomic changes in the world. Although the asset is still robust, unexpected incidents still affect the immediate trend. The market can be subjected to additional movements as the tensions continue due to the external forces.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Advertisement

Source link

Continue Reading

Crypto World

Bitcoin Breaks $80K Barrier: Will Altcoins Follow?

Published

on

Bitcoin Breaks $80K Barrier: Will Altcoins Follow?

Key points:

  • Bitcoin’s rally through $79,500 opens the door to a move toward $84,000.
  • Ether, Dogecoin and Hyperliquid are showing strength, but the other major altcoins are yet to pick up momentum.

Bitcoin (BTC) opened the new week with a rally above $80,500, suggesting the bulls are attempting to take charge. Analysts are closely watching the $80,000 level, as some believe a failure to close above it could trigger a move toward $60,000

However, crypto analyst Matthew Hyland said in a post on X that traders calling BTC’s fall to $60,000 and lower ‘will be the ones flipping bullish late above $90K.” 

BTC’s 30-day liquidation map shows that a rally above $84,000 would trigger $2.85 billion worth of short liquidations across all exchanges.

Crypto market data daily view. Source: TradingView

Advertisement

A positive sign for the bulls is that BTC’s rise continues to be supported by institutional investors. Capriole Investments founder Charles Edwards said in a post on X that institutions have been “slurping up 500%+ of Bitcoin’s daily mined supply.” Such instances in the past have boosted prices by more than 24% in the following month. If history repeats, BTC may surge to around $96,000.

Could BTC and the major altcoins sustain the breakout? Let’s analyze the charts of the top 10 cryptocurrencies to find out. 

S&P 500 Index price prediction

The S&P 500 Index (SPX) remains in a strong uptrend, rising to a new all-time high of 7,272 on Friday.

SPX daily chart. Source: Cointelegraph/TradingView

Advertisement

The upsloping 20-day exponential moving average (7,043) indicates an advantage to buyers, but the relative strength index (RSI) near the overbought zone signals that a minor consolidation or correction is possible in the near term.

The 7,000 level is the crucial support to watch out for on the downside. A solid bounce off the 7,000 level suggests that the bulls have flipped it into support. That improves the prospects of a rally to 7,500. 

On the contrary, a close below the 7,000 support may sink the index to the 50-day simple moving average (6,827).

US Dollar Index price prediction

The US Dollar Index (DXY) has been stuck between the 50-day SMA (98.97) and the 97.74 support.

Advertisement

DXY daily chart. Source: Cointelegraph/TradingView

The downsloping 20-day EMA (98.61) and the RSI in the negative territory indicate that the bears are at a slight advantage. If the price breaks below the 97.74 support, the index may tumble toward the 96.21 level.

Conversely, a close above the 50-day SMA suggests that the bulls are on a comeback. The index may rally to the 100.54 resistance level, where buyers are expected to encounter solid selling pressure from bears.

Bitcoin price prediction

BTC has broken above the $79,500 resistance, signaling the resumption of the uptrend toward $84,000.

Advertisement

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The uptrend is expected to face solid selling pressure at $84,000, but if the bulls prevent the BTC price from dipping below the 20-day EMA ($76,634), the possibility of a breakout increases. If the $84,000 level is broken, the BTC/USDT pair may surge toward the pattern target of $92,000.

Time is running out for the bears. They will have to swiftly yank the price below $76,000 to weaken bullish momentum. The pair may then tumble to the 50-day SMA ($72,798).

Ether price prediction

Ether (ETH) rose above the 20-day EMA ($2,298) on Friday and is marching toward the $2,465 overhead resistance.

Advertisement

ETH/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will attempt to stall the rally at the $2,465 level, but if the bulls prevail, the ETH/USDT pair may jump to the resistance line. If the ETH price turns down sharply from the resistance line and breaks below the 20-day EMA, it suggests the pair may remain within the channel for some time.

On the other hand, a break and close above the resistance line signals that the bulls are back in control. The pair may then surge toward the $3,050 level.

XRP price prediction

Buyers have pushed XRP (XRP) above the moving averages, opening the door to a rally toward the downtrend line.

Advertisement

XRP/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI just above the midpoint do not give either bulls or bears a clear advantage. Buyers will gain the upper hand on a close above the $1.61 level. The XRP/USDT pair may then rally to $2, then to $2.40.

Contrary to this assumption, if the XRP price turns down from the $1.61 level, it would suggest that bears are active at higher levels. That may extend the pair’s stay inside the $1.27 to $1.61 range for a while.

BNB price prediction

BNB (BNB) has been trading near its moving averages over the past few days, indicating indecision between bulls and bears.

Advertisement

BNB/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI just above the midpoint suggest that the BNB/USDT pair may remain inside the $570 to $687 range for a few more days.

The next trending move is expected to begin on a close above $687 or below $570. If bulls push the BNB price above the $687 resistance, the pair is expected to gain momentum and surge to $790. Alternatively, a close below $570 signals the resumption of the downtrend toward $500.

Solana price prediction

Solana (SOL) is attempting to rise above the moving averages, indicating demand at lower levels.

Advertisement

SOL/USDT daily chart. Source: Cointelegraph/TradingView

A close above the moving averages may push the SOL price to the $90.73 resistance. Sellers will attempt to defend the $90.73 level, but if the bulls prevail, the SOL/USDT pair may surge to $98. 

On the downside, the bears will need to push the price below $82.65 to gain the upper hand. If they do that, the pair may descend to the solid support at $76. The next trending move is expected to begin on a close above $98 or below $76.

Related: BTC price can ‘easily’ hit $95K: Five things to know in Bitcoin this week

Advertisement

Dogecoin price prediction

Dogecoin (DOGE) has broken above the $0.11 resistance level, clearing the path for a rally toward $0.12.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($0.10) has started to turn up, and the RSI is in the overbought zone, indicating that the buyers have the edge. Sellers are expected to mount a strong defense at the $0.12 level, but if buyers bulldoze through, the rally may reach $0.14 and eventually $0.16.

Instead, if the DOGE price turns down sharply from $0.12 and breaks below the moving averages, it suggests that the bears remain sellers on rallies. That may keep the DOGE/USDT pair within the $0.09-$0.12 range for a few more days.

Advertisement

Hyperliquid price prediction

Hyperliquid (HYPE) is maintaining above the 20-day EMA ($41.04), but the long wick on the candlestick shows selling at higher levels.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The uptrend is expected to face selling pressure in the $43.76 to $45.77 resistance zone. If the HYPE price turns down from the current level or the overhead zone and breaks below the 50-day SMA ($40.11), the advantage will tilt toward the bears. The HYPE/USDT pair may then tumble to $38.70.

Contrarily, a break and close above the overhead zone signals the resumption of the uptrend. The pair may surge to $50 and then to $51.43.

Advertisement

Cardano price prediction

Cardano (ADA) has risen above the downtrend line, but the bulls are facing stiff resistance at the 50-day SMA ($0.25).

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The RSI has risen just above the midpoint, signaling a slight advantage to the bulls. If buyers push the price above the 50-day SMA, the ADA/USDT pair may rally to $0.29, then to $0.31. Sellers are again expected to pose a strong challenge at the $0.31 level, as a close above it suggests that the pair may have bottomed out in the short term.

The $0.22 level is the critical support to watch out for on the downside. If the ADA price turns down and breaks below the $0.22 support level, it signals a resumption of the downtrend.

Advertisement

Source link

Continue Reading

Crypto World

XRP Price Prediction: OpenAI CFO Joins XRP Firm Ahead of Nasdaq Listing

Published

on

🚨

XRP price is now trading at the $1.40 level, and the prediction around it turns bullish. A headline board appointment has injected fresh institutional credibility into the Ripple ecosystem.

Evernorth Holdings, the Ripple-backed XRP treasury company, filed its second SEC S-4 amendment this week, naming OpenAI Foundation CFO Robert Kaiden and Antalpha COO Derar Islim as independent directors ahead of its planned Nasdaq listing under ticker XRPN.

The filing also confirms Ripple CLO Stuart Alderoty on the board, alongside a 126.79 million XRP anchor commitment from Ripple Labs itself. Evernorth holds over 473 million XRP valued at approximately $656 million, and is targeting a Q2 2026 Nasdaq debut via SPAC merger with Armada Acquisition Corp II.

Advertisement

The board build-out signals governance is being hardened for public markets. But is it the time to buy?

Discover: The best crypto to diversify your portfolio with

XRP Price Prediction: $3 Too Much to Ask?

Advertisement

At the $1.40 level, XRP is consolidating in the lower half of its post-2024 impulse range. Recent Ripple-related developments have repeatedly tested XRP’s ability to hold ground above the $1.20–$1.30 support band, and that floor remains the critical level to monitor.

XRP is now trading back above $1.40, following a few bullish news around it, especially their Middle East expansion and OKX partnership.
XRP USD, TradingView

Elliott Wave identifies the current structure as a potential ABC correction bottom, with a confirmed breakout targeting the $2.50–$3.30 range depending on market sentiment.

Bitcoin’s behavior is the swing variable here. Macro analyst DonAlt, who called XRP’s prior 700% rally, ties XRP’s next leg to Bitcoin holding above $73,500 support, with resistance capped near $80,000. A clean Bitcoin reclaim of that upper band would likely provide the liquidity and risk-on sentiment XRP needs to attempt a genuine breakout.

Longer-term, analysts project XRP reaching $10 by year-end, a target that would require a market cap surpassing $607 billion, ahead of Ethereum’s current valuation. That scenario demands institutional inflows at a scale XRP hasn’t yet demonstrated.

Advertisement

Goldman Sachs’ $153.8 million XRP ETF position and the NYSE Arca commodity trust filing move the needle, but $10 remains the optimistic outlier, not the consensus. Ripple’s own IPO valuation near $40 billion adds a separate but reinforcing narrative thread that keeps institutional attention on the XRP ecosystem through mid-2026.

Discover: The best pre-launch token sales

Maxi Doge Eyes Early-Stage Upside as XRP Consolidates Below Breakout

XRP’s setup is constructive, but the asymmetry that early XRP holders captured simply doesn’t exist at this entry point. Traders chasing a 2x from here are playing a different game than those who loaded sub-$0.50.

Advertisement

That gap in risk-reward is exactly where early-stage presales attract attention from market participants seeking aggressive upside without waiting for an established asset to rediscover momentum.

Maxi Doge ($MAXI) is one presale capturing that rotation. Built on Ethereum, the project leans into a deliberately unsubtle identity. It is a 240-lb canine juggernaut representing a 1000x leverage trading culture.

Less absurd than it sounds when the numbers are considered. The presale has raised $4.7 million at a current price of $0.0002816, with 60% APY staking bonus available to early holders only.

Features include holder-only trading competitions with leaderboard rewards and a Maxi Fund treasury allocated toward liquidity and partnerships.

Advertisement

Check out the Maxi Doge Presale Here and Join The Best Dog This Year

The post XRP Price Prediction: OpenAI CFO Joins XRP Firm Ahead of Nasdaq Listing appeared first on Cryptonews.

Source link

Advertisement
Continue Reading

Crypto World

Ripple Expands Security Efforts Against North Korean Hacks

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR

  • Ripple announced that it will share exclusive threat intelligence with Crypto ISAC members.
  • The shared data includes fraud-linked crypto wallets and malicious domains tied to North Korean campaigns.
  • Ripple will also provide context-rich profiles containing emails, LinkedIn accounts, and behavior patterns.
  • Crypto ISAC launched a new API that enables companies to integrate threat data into their security systems.
  • Coinbase has already adopted the updated API to strengthen its security operations.

Ripple has announced a new threat intelligence sharing initiative focused on North Korean-linked cyber campaigns. The company will provide exclusive data to Crypto ISAC members through a newly launched API. The move aims to strengthen coordinated defense across the digital asset sector.

Ripple Expands Intelligence Sharing Through Crypto ISAC

Ripple stated that crypto firms often face repeated attempts from the same threat actors. The company said attackers who fail background checks at one firm often target others within days. Therefore, Ripple decided to share intelligence to reduce fragmented defenses.

Ripple will provide exclusive threat intelligence to members of Crypto ISAC. Crypto ISAC operates as a collaborative security network for digital asset companies. The company said this level of intelligence sharing has not occurred before within the sector.

The shared data will include fraud-linked crypto wallet addresses and malicious domains. It will also include active Indicators of Compromise tied to North Korean campaigns. Both entities confirmed that the intelligence will extend beyond raw technical data.

Ripple will also share context-rich profiles linked to suspicious actors. These profiles will contain LinkedIn accounts, emails, phone numbers, and behavioral patterns. The company said it aims to convert fragmented clues into operational intelligence.

“The strongest security posture in crypto is a shared one,” Ripple stated in its announcement. The company argued that firms currently rebuild intelligence from zero without shared databases. As a result, it believes coordinated sharing will reduce repeated infiltration attempts.

Advertisement

New API Enables Real-Time Security Integration

Crypto ISAC has launched a new API to distribute the shared intelligence. The API allows companies to integrate threat data directly into internal security systems. This setup enables faster detection and response coordination across platforms.

Coinbase has already adopted the updated API for operational use. Crypto ISAC confirmed that other industry participants have begun onboarding the system. The organization said the tool supports real-time intelligence deployment.

Erin Plante, Director of Brand Security and Intelligence at Ripple, addressed the rollout. She said the API improves how companies share and operationalize intelligence. Plante confirmed that Ripple worked closely with Crypto ISAC during implementation.

“Crypto ISAC’s newly updated API represents a meaningful step forward in how intelligence is shared,” Plante said. She added that Ripple aligned the integration with its internal workflows. She said the result delivers higher-quality intelligence for direct security operations use.

Advertisement

The initiative targets campaigns attributed to North Korean-linked actors. Recent incidents, including the Drift Protocol exploit, have drawn attention to coordinated attacks. Ripple confirmed that it will continue supplying updated intelligence through the Crypto ISAC network.

Crypto ISAC stated that member companies can access and automate the shared data feeds. The organization said the API structure allows continuous updates without manual intervention. The rollout remains active as participating firms complete system integration.

Advertisement

Source link

Continue Reading

Crypto World

Bitcoin’s 200-Week Moving Average is Signalling Bull Market Cues, Says Adam Back

Published

on

Marvel Drops Bitcoin Mention in Daredevil Season 2

Bitcoin’s 200-week moving average has climbed above $60,000. Blockstream CEO Adam Back flagged the level as confirmation that BTC remains in a structural bull market.

The threshold ranks among the most-watched long-term technical signals in crypto. The line averages nearly 4 years of weekly closes and has served as a price floor at prior cycle bottoms.

Why the 200-Week Moving Average Carries Weight

Few metrics command as much attention from long-term holders as the 200-day moving average. The line filters short-term volatility to expose the broader uptrend, which has shifted steadily higher across every prior cycle.

Advertisement

Each cross above a new round-number threshold tends to draw fresh commentary from cycle-watchers tracking macro shifts in supply absorption.

Bitcoin has held above the indicator during each of its three bear markets since 2015. Brief dips during late-cycle washouts gave way to renewed upward momentum each time.

The 2022 bear market briefly broke that pattern. BTC closed weekly under the line for the first time before reclaiming it. Crossing $60,000 marks a sharp climb from the indicator’s near-$40,000 reading in late 2024.

Recovery From April Lows Adds Momentum

BTC traded near $80,000 on Monday, up roughly 2.3% over 24 hours according to CoinGecko data. The asset has clawed back a meaningful portion of losses sustained during April.

Advertisement

Broader risk-asset weakness had pulled the price well below current levels. Trading volume has held steady through the recovery, suggesting that buy-side interest extends beyond a short-term technical bounce.

Long-term holders and corporate treasuries continue to absorb supply at these prices. Blockstream chief Back argues that public companies holding Bitcoin balance sheets are positioning for a shift away from fiat.

Adam Back has also pushed back on the alarm about miners rotating to AI workloads. He frames the shift as an arbitrage that resolves through hashrate dynamics rather than a structural threat to network security.

Whether the $60,000 threshold proves durable depends on demand sustaining through the next quarter. Sustained strength would extend a run already tied to deeper on-chain signals and a broader bullish phase across Bitcoin markets.

Advertisement

The coming weeks will test whether spot inflows and corporate buying continue to outpace selling from short-term traders.

The post Bitcoin’s 200-Week Moving Average is Signalling Bull Market Cues, Says Adam Back appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Crypto World

Kalshi traders see April jobs report coming in better than economists’ estimates

Published

on

Kalshi traders see April jobs report coming in better than economists' estimates

A job seeker holds a Now Hiring Correctional Officers paperwork from the Florida Department of Corrections during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2026, in Sunrise, Florida.

Joe Raedle | Getty Images

Traders on prediction markets platform Kalshi are penciling in a better-than consensus estimate for the April labor market report set to release on Friday. 

Advertisement

Kalshi traders think there’s about a 50% chance nonfarm payrolls will come in at 66,000 jobs or more created in the month. That’s higher than predictions by economists polled by Dow Jones for 53,000 new jobs. 

While in the last year nonfarm payroll growth has swung back and forth between job creation and job losses, traders see an 81% chance this report is a positive number. That would be the first back-to-back month of job growth since May 2025. 

But traders are also skeptical of a big six-digit report, as they give it just a 30% chance that the report comes in hot at 100,000 or more. 

Nonfarm payroll growth has slowed enormously since 2025. In the last 10 months, five have experienced negative job growth. And in 2026, job growth has been volatile, with more than 150,000 jobs gained in both January and March but 133,000 lost in February. 

Advertisement

On Polymarket, traders have a slightly more pessimistic outlook. Traders on that platform think the most likely scenario is a report between zero to 50,000 jobs created, with odds at 26%. 

Disclosure: CNBC and Kalshi have a commercial relationship that includes a CNBC minority investment.

Markets shift and headlines fade, but the core principles of building long-term wealth remain constant. Join us for our third CNBC Pro LIVE, where investors of all backgrounds – from financial professionals to everyday individuals – come together to cut through the noise and gain actionable strategies for smarter, more disciplined investing. No matter where you’re starting from, you’ll leave with clearer thinking, stronger strategies. Enter your email here to get a discount code

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Source link

Advertisement
Continue Reading

Crypto World

Kraken parent sues ex-custodian Etana over alleged $25M “Ponzi scheme”

Published

on

Kraken parent sues ex-custodian Etana over alleged $25M “Ponzi scheme”

In a second amended complaint submitted to the U.S. District Court for the District of Colorado, Payward Interactive and Payward Trading — doing business as Kraken — accuse Etana Custody Limited, Etana Custody Inc., CEO Dion Brandon Russell, and others of misappropriating over $25 million in Kraken customer funds.

Payward details alleged funding gap and “Ponzi-like” structure

Payward alleges that Etana “operated a Ponzi scheme,” mixing assets it was supposed to hold in custody for Kraken with its own money to pay operating expenses and make “high-risk investments,” then issuing “false account reports” that showed full balances even as a funding gap widened.

According to the complaint, problems came to a head in April 2025 when Kraken attempted to withdraw roughly $25 million in reserve funds.

Advertisement

Etana allegedly stalled the payout by citing “reconciliation issues” that Payward calls fictitious, all while relying on “new deposits from other clients” to plug the hole — behavior Kraken says is classic Ponzi‑like recycling of incoming funds to meet existing obligations.

The filing claims at least $16 million of the shortfall was tied to a promissory note issued by Seabury Trade Capital, which later defaulted, leaving Etana unable to meet withdrawal requests without fresh inflows.

Regulatory collapse and Kraken’s damages claim

Etana’s troubles did not stop at private litigation.

Advertisement

Colorado regulators subsequently issued a cease-and-desist order against Etana Custody Inc., and on November 7, 2025, a Denver County court appointed a liquidator/receiver to take control of the company’s assets under a statutory liquidation order.

Case updates on the receivership site confirm that Etana’s operations are effectively frozen, with claims from customers and counterparties handled through a court-supervised process rather than the firm’s management.

Payward is seeking at least $25 million in compensatory damages — corresponding to the amount it says Etana failed to return — plus treble damages under Colorado’s civil theft statute, which could push the total sought to more than $75 million before fees and interest.

The suit also alleges breach of contract, breach of fiduciary duty, fraud, and negligent misrepresentation, arguing that Etana marketed itself as a “segregated, bankruptcy‑remote” custodian while secretly deploying Kraken’s reserves into illiquid, high-risk credit bets.

Advertisement

In a recent crypto.news report, the case was highlighted as a test of how courts will treat custodians that commingle client funds in the crypto era, especially when those custodians are already under state liquidation orders.

Another crypto.news analysis focused on the Etana receivership process itself, noting that Kraken and other institutional customers now have to queue alongside retail clients and other creditors to recover what they can from the collapsed custodian.

A separate crypto.news overview emphasized that Payward’s amended complaint escalates the dispute beyond contract claims into allegations of a full‑blown “Ponzi scheme,” potentially increasing regulatory and law‑enforcement scrutiny of similar custody arrangements.

Advertisement

Source link

Continue Reading

Crypto World

K Wave Media Reallocates Bitcoin Treasury Funds to AI

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR

  • K Wave Media redirected up to $485 million from its Bitcoin treasury plan into AI infrastructure projects.
  • The company amended its $500 million equity purchase facility with Anson Funds to support the new strategy.
  • The board approved a strategic shift toward data centers and GPU compute investments.
  • The restructuring plan includes the disposal of Play Co., Ltd. and aims to remove about $48 million in debt.
  • K Wave Media is considering a corporate rebrand to Talivar Technologies, pending shareholder approval in July 2026.

K Wave Media has redirected up to $485 million from a prior Bitcoin treasury plan into artificial intelligence infrastructure projects. The company disclosed the shift in a Form 6-K filed Monday with the US Securities and Exchange Commission. The board approved the move as part of a broader restructuring and capital reallocation plan.

K Wave Media shifts funds from Bitcoin treasury to AI infrastructure

K Wave Media amended its securities purchase agreement with Anson Funds to redirect remaining financing capacity. The amendment covers $485 million under a prior $500 million equity purchase facility. The company had structured that facility to support a Bitcoin treasury strategy announced in June 2025.

However, the company will now deploy the funds into data centers and GPU compute operations. It will also pursue related infrastructure investments across the AI value chain. The filing states that the board approved a strategic repositioning toward artificial intelligence infrastructure.

The company said it aims to build scalable compute capabilities and expand its technology footprint. Chief executive officer Ted Kim addressed the shift in a statement included in the filing. He said the company seeks to become “a meaningful participant in the rapidly growing AI infrastructure sector.”

The amendment leaves $485 million available after prior allocations under the facility. The company confirmed that it will no longer direct those funds toward its Bitcoin treasury plan. Instead, it will prioritize infrastructure investments tied to graphics processing and data operations.

Advertisement

The Bitcoin treasury strategy formed part of a broader capital markets repositioning in 2025. At that time, the company also explored Korean cultural intellectual property initiatives. It also referenced tokenized securities concepts in earlier announcements.

Board backs restructuring and potential corporate rebrand

K Wave Media paired the capital shift with a broader restructuring plan. The company plans to dispose of its wholly owned subsidiary, Play Co., Ltd. It expects this action to remove about $48 million in debt and contingent liabilities.

The company stated that the restructuring aims to de-leverage its balance sheet. It linked the disposal and debt reduction to its updated strategic direction. The filing outlines these steps as part of a coordinated financial reset.

The board has also approved a review of the company’s corporate identity. Management is evaluating a potential rebrand to “Talivar Technologies.” Shareholders will consider the proposed name change at the annual meeting scheduled for early July 2026.

Advertisement

Following the announcement, K Wave Media’s share price showed volatility. The stock fell 28.25% from about $0.406 to roughly $0.294 since Friday’s close. The company disclosed these figures as of the time of writing.

K Wave Media filed the 6-K with the SEC to formalize the amended agreement and restructuring steps. The document details the revised financing structure with Anson Funds. It also confirms the company’s updated capital allocation toward AI infrastructure initiatives.

Source link

Advertisement
Continue Reading

Crypto World

Bitcoin Tops $80,000 As ETF Bid Returns

Published

on

Bitcoin Tops $80,000 As ETF Bid Returns


The crypto rally extended into Monday, with traders pricing in the CLARITY Act compromise and Trump’s “Project Freedom” Hormuz operation.

Source link

Continue Reading

Trending

Copyright © 2025