Swiss crypto bank Amina has added custody and trading support for Canton Coin, becoming the first regulated bank to offer services for the token tied to the Canton Network, an institutional-focused network.

In a Wednesday announcement, Amina said clients will gain regulated access to the Canton Network, a public blockchain designed for capital markets and tokenized finance. The network was developed by Digital Asset and is backed by the Depository Trust & Clearing Corporation, Visa, BitGo, Goldman Sachs and Citadel.

The move allows institutional clients to hold and trade Canton Coin through a banking platform regulated by the Swiss Financial Market Supervisory Authority (FINMA) rather than relying on a crypto-native exchange or custodian, potentially supporting companies that use Canton for tokenization and settlement.

Source: AMINA Bank

The announcement builds on Amina’s broader push into tokenized finance infrastructure. In March, the Zug, Switzerland bank became the first regulated banking participant on the EU-regulated blockchain securities platform 21X, which operates under the bloc’s DLT pilot regime for tokenized securities markets.

Related: Tennessee Bankers Association names Stablecore as preferred digital asset provider

Canton expands institutional finance footprint

Canton Network is positioning itself as blockchain infrastructure for traditional financial institutions, with a focus on tokenized assets, settlement, collateral management and repo markets. Its Canton Coin token is currently valued at around $0.15, with a total market capitalization of $5.7 billion, according to CoinMarketCap data.

Canton Coin (CC) market capitalization. Source: CoinMarketCap

In April, BitGo expanded its Canton Coin services beyond custody to include trading and onchain settlement, broadening institutional access to the network’s token and related financial activity.

Meanwhile, S&P Dow Jones Indices recently brought its US Treasury Index benchmark onto the Canton Network, allowing institutions to access fixed-income benchmark data through tokenized infrastructure.

Canton faces competition from several enterprise blockchain networks targeting institutional finance. Among them is R3’s Corda, which was designed for banks and regulated financial markets with an emphasis on privacy and permissioned transactions.

Another competitor, Hyperledger Fabric, has seen broad adoption in enterprise blockchain environments, particularly among financial institutions and large corporations.

Related: Bernstein cites $4T tokenized credit opportunity for Figure Technology stock

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Key points:

• Bitcoin is expected to face selling at $84,000, but a shallow pullback increases the likelihood of an upside breakout.
• Several major altcoins are showing strength at lower levels, but the bears are expected to pose substantial challenges at the resistance level.

Bitcoin (BTC) rallied above $82,800 on Wednesday, but bulls were unable to hold the higher levels. However, a positive sign for the bulls is that BTC exchange-traded funds recorded $1.63 billion in net inflows in May, according to SoSoValue data. That suggests investors are building positions as they anticipate the uptrend to continue. 

Analyst PlanC said in a post on X that BTC was about to enter its first supercycle, which began at the bear-market low of $16,000 in Nov. 2022. He expects BTC to rise above $250,000 in the second half of 2027 to the first half of 2028. 

Crypto market data daily view. Source: TradingView

Not everyone is convinced that the bear market is over. Crypto investment company TradingShot said in a post on X that BTC’s rejection at the 200-day simple moving average ($83,313), which coincides with the previous low acting as target objective of $50,000.

Could BTC and the major altcoins break above their overhead resistance levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC has been gradually rising toward the $84,000 level, indicating sustained buying by the bulls. 

BTC/USDT daily chart. Source: Cointelegraph/TradingView

Sellers are expected to fiercely defend the $84,000 level, which could trigger a pullback toward the 20-day exponential moving average ($77,477). If the BTC price rebounds off the 20-day EMA with force, it signals a positive sentiment. That improves the prospects of a break above the $84,000 level. If that happens, the BTC/USDT pair may ascend to $92,000.

This bullish view will be invalidated in the near term if the price turns down and breaks below the $74,937 level. The pair may then decline to the 50-day SMA ($73,073) and later to the support line. 

Ether price prediction

Ether (ETH) has been trading above its moving averages, but the bulls have failed to break $2,465 resistance.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

That suggests hesitation to buy aggressively at higher levels. Sellers will attempt to seize control by pulling the price below the moving averages. If they do that, the ETH/USDT pair may descend to the support line.

Buyers are likely to have other plans. They will attempt to maintain the ETH price above the 20-day EMA ($2,309) and overcome the resistance at that level. If they succeed, the pair may rally to $3,050.

XRP price prediction

XRP (XRP) closed above the moving averages on Tuesday, opening the gates for a rally to the downtrend line of the descending channel pattern.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

The downtrend line has acted as a stiff obstacle during previous recovery attempts and may do so again. If the price reverses from the downtrend line and breaks below the $1.27 level, it suggests the XRP/USDT pair may remain within the channel for a few more days.

On the other hand, a close above the downtrend line and the $1.61 resistance signal a potential trend change. The XRP price may then skyrocket to $2 and then to $2.40.

BNB price prediction

BNB (BNB) closed above the moving averages on Tuesday, indicating that the bulls are back in the game. 

BNB/USDT daily chart. Source: Cointelegraph/TradingView

Buyers are attempting to overcome the minor resistance at $654. If they can pull it off, the BNB/USDT pair may reach $687. Sellers are expected to defend the $687 level with all their might, as a close above it could clear the path for a rally to $730 and, subsequently, to $790.

Conversely, if the BNB price turns sharply lower from the overhead resistance and breaks below the moving averages, it signals that the pair may continue its range-bound action between $570 and $687 for some time.

Solana price prediction

Solana (SOL) broke above the moving averages on Tuesday and rallied close to the $90.73 overhead resistance on Wednesday.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI in the positive territory indicate a slight edge to the bulls. If the $90.73 level is scaled, the SOL/USDT pair may rally to the stiff overhead resistance at $98. Sellers are expected to vigorously defend the $98 level, as a close above it may propel the SOL price to $117.

Instead, if the price turns down and breaks below the moving averages, it suggests the pair may remain within the $76 to $98 range for a few more days.

Dogecoin price prediction

Dogecoin (DOGE) continued its march toward the $0.12 resistance level, where sellers are expected to step in.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

A shallow pullback from the $0.12 level suggests that the bulls are not hurrying to close their positions. That increases the possibility of an upside breakout. If the $0.12 resistance level is broken, the DOGE/USDT pair may jump to $0.14 and then to $0.16.

Alternatively, if the DOGE price turns sharply lower and breaks below the 20-day EMA ($0.10), it suggests that bears are aggressively defending the $0.12 level. That may retain the pair inside the $0.09 to $0.12 range for a while.

Hyperliquid price prediction

Hyperliquid (HYPE) charged higher on Tuesday, but the up move is facing resistance in the $43.76 to $45.77 zone.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($41.55) has started to turn higher, and the RSI is in positive territory, indicating that the path of least resistance is higher. If buyers pierce the $45.77 level, the HYPE/USDT pair may soar to $50.

The 50-day SMA ($40.22) is the critical support to watch out for on the downside. A break and close below the 50-day SMA suggests that the bulls have given up. The HYPE price may then tumble to $34.45.

Related: Zcash price may hit $800 as $2.7B hedge fund reveals ‘significant position’ in ZEC

Cardano price prediction

Cardano (ADA) cleared the 50-day SMA ($0.25) hurdle on Tuesday, indicating that the bulls are attempting a comeback.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The recovery attempt is expected to face selling pressure at $0.28, then at $0.30. If both levels are breached, the next target is likely $0.31, a critical resistance to watch. A break above $0.31 signals the start of a potential new up move.

This positive view will be negated in the near term if the ADA price turns down and breaks below the moving averages. That suggests the bears continue to sell on rallies. The ADA/USDT pair may then slump to the solid support at $0.22.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) turned up from the $443 support on Tuesday and broke above the moving averages.

BCH/USDT daily chart. Source: Cointelegraph/TradingView

Buyers continued their buying and pushed the BCH price to $486 on Wednesday. However, the long wick on the candlestick shows that the bears are active at higher levels. That suggests the BCH/USDT pair may remain inside the large $486 to $419 range for a few more days.

Buyers will be back in the driver’s seat if they push the price above the $486 resistance and sustain it. That opens the gates for a rally to $520.

Zcash price prediction

Zcash (ZEC) turned up from the 20-day EMA ($389) on Thursday and rose above the $560 resistance on Wednesday.  

ZEC/USDT daily chart. Source: Cointelegraph/TradingView

The sharp rally over the past few days has pushed the RSI into overbought territory, signaling the possibility of a near-term consolidation or pullback. A shallow pullback from the current level suggests that the bulls are holding their positions as they anticipate the uptrend continuing. That increases the likelihood of a rally to the formidable resistance at $750.

A risk to the continuation of the up move is that sharp rallies are followed by equally sharp pullbacks. If the ZEC price maintains below $560, the ZEC/USDT pair may drop to the 38.2% Fibonacci retracement level of $496 and then to the 50% retracement level of $462.

BitMEX co-founder Arthur Hayes says his target for Zcash is 10% of Bitcoin’s price, arguing ZEC’s latest rally is early innings despite mounting pressure on privacy coins.

BitMEX co-founder Arthur Hayes has set an aggressive upside target for privacy coin Zcash, telling followers on X that his “target price for ZEC is 10% of the BTC price.” In the same post, Hayes added that the current uptrend “still has a lot of room for growth,” signaling he believes the recent move in ZEC is just the early phase of a larger cycle.

While Hayes did not publish a full valuation model alongside the remark, the 10% anchor implies a substantial potential upside relative to current market levels. If Bitcoin were trading at $90,000, for example, a 10% ZEC/BTC ratio would suggest a ZEC price near $9,000; at $70,000 BTC, it would point to about $7,000 per ZEC. For context, Zcash’s all‑time high in late 2016 briefly spiked above $3,000 on thin order books before settling into a range that has mostly been under $1,000 for years.

Hayes has long been known for making bold macro and altcoin calls, frequently using his personal X account and essays to lay out high‑conviction, high‑volatility trades. His latest ZEC comment fits that pattern, leaning into a narrative that privacy‑focused assets could see renewed demand if regulatory surveillance ramps up or if Bitcoin’s transparent ledger becomes a liability for certain users.

The timing is notable. Privacy coins like Zcash and Monero have faced delistings on several major centralized exchanges in recent years amid anti‑money‑laundering scrutiny, even as on‑chain usage has persisted in more niche venues. That regulatory overhang makes sustained institutional inflows into ZEC less likely in the near term, but it has not stopped sharp, speculative spikes whenever market sentiment swings back toward high‑beta plays.

Hayes’s 10% of BTC target is not a consensus view among analysts, and he did not specify a timeframe for when he expects ZEC to reach that level. But for traders who track his calls, the message is clear: in his view, the current ZEC move is far from exhausted, and the coin’s upside, relative to Bitcoin, remains significant if the right mix of narrative, liquidity, and risk appetite comes together.

Standard Chartered has been recognised with two major awards by The Banker, highlighting the growing importance of Islamic finance across global banking markets.

The international banking group was named “Islamic Bank of the Year” and also received the “Most Innovative Sukuk” award for its role in ADNOC’s debut international sukuk issuance.

The recognition reflects increasing momentum in the Islamic finance sector, which continues expanding across the Middle East, Asia, and Africa as demand grows for Shariah-compliant banking, investment, and capital market solutions.

According to industry projections referenced by the bank, global Islamic finance assets are expected to reach approximately $7.5 trillion by 2028, representing one of the fastest-growing segments in international finance.

Khurram Hilal, CEO of Islamic Banking at Standard Chartered, said the sector is evolving beyond domestic markets as affluent investors and institutions increasingly seek cross-border Islamic finance opportunities.

The bank stated that its Islamic finance platform supports a wide range of clients, including affluent individuals, corporations, and institutional investors, with services spanning wealth management, financing, liquidity solutions, and sukuk structuring.

Sukuk markets in particular have seen increasing institutional demand in recent years as governments, sovereign wealth funds, and major corporations across the Gulf region continue diversifying funding sources and attracting international investors.

The awards also underline the UAE’s broader ambition to strengthen its position as a leading global hub for Islamic finance and Shariah-compliant capital markets.

Narrow Legislative Window Raises Pressure

Ripple CEO Brad Garlinghouse said CLARITY Act urgency has increased as Congress faces a tight timeline. He pointed to a short window in the Senate that could decide the bill’s progress.

He stated that lawmakers must act within two weeks or risk delay. Election cycles often slow legislative work. As a result, CLARITY Act urgency now defines the current policy environment for digital assets.

Garlinghouse noted that the recent Senate movement offers some progress. However, he stressed that momentum may not hold. Political priorities could shift quickly and push the bill aside.

Regulatory Clarity Remains Central Issue

The proposed law aims to define how regulators oversee digital assets. Industry participants have long requested such clarity after years of mixed enforcement actions.

Garlinghouse highlighted that CLARITY Act urgency reflects broader industry concerns. Companies operating in the United States still face unclear regulatory boundaries. This uncertainty affects compliance planning and investment decisions.

Ripple and similar firms continue to allocate resources toward legal strategy. Without clear rules, firms must adjust to evolving interpretations from multiple agencies. CLARITY Act urgency underscores the need for consistent guidelines.

Market Attention and Potential Impact

Market participants have started to monitor the bill closely. Some analysts link future price movements of major tokens to regulatory developments tied to the legislation.

In that context, CLARITY Act urgency has entered broader market discussions. Investors view potential passage as a factor that could support institutional adoption. However, these expectations remain conditional.

Garlinghouse also warned that delays could extend uncertainty. If the bill stalls, companies may continue to face fragmented oversight. This situation could maintain volatility tied to regulatory headlines.

The current outlook remains uncertain. CLARITY Act urgency highlights both opportunity and risk. While progress exists, the timeline leaves limited room for delay.

Ripple ($XRP) CEO Brad Garlinghouse just issued a stark warning on the CLARITY Act: if the Senate Banking Committee markup slips in the next two weeks, the bill’s chances fall ‘precipitously.’ pic.twitter.com/0WA1tTBgsG

— Wizzy (@WizzyOnChain) May 6, 2026

Bitcoin Cash (BCH) continued its strong recovery on Wednesday, climbing above $489 and extending weekly gains beyond 8% as bullish positioning across the derivatives market reinforced the ongoing rally.

The broader crypto market backdrop remains supportive, with Bitcoin (BTC) holding near the $82,000 level, while technical indicators suggest BCH could be preparing for a breakout above the psychological $500 barrier.

Bullish derivatives activity strengthens BCH outlook

According to CoinGlass data, Bitcoin Cash futures Open Interest (OI) jumped to $683.83 million on Wednesday from roughly $642 million recorded on Sunday.

The increase in Open Interest signals fresh capital entering the market, typically reflecting growing trader participation and stronger buying activity that could further support BCH’s upward momentum.

Additional derivatives data also point to strengthening bullish sentiment. CoinGlass shows BCH’s long-to-short ratio rising to 1.25 on Wednesday, marking its highest level in more than a month. A ratio above one indicates that a larger share of traders are positioning for additional upside.

Meanwhile, CryptoQuant data presents a largely constructive outlook for Bitcoin Cash despite some mixed signals. The platform’s summary metrics highlight increased whale activity across spot and futures markets alongside cooling market conditions, both of which historically support upside continuation.

However, persistent sell-side dominance in the spot market could limit the pace of the rally and create short-term volatility near key resistance levels.

Technical outlook: BCH bulls target rally above $500

Bitcoin Cash trades near $489.60 after breaking above several important technical levels. The token now holds comfortably above the 50-day Exponential Moving Average (EMA) at $457.91 and the 100-day EMA at $478.47, reinforcing the bullish structure following the breakout above a former descending trendline near $449.56.

Momentum indicators continue to favor buyers. The Relative Strength Index (RSI) on the 4-hour chart has climbed toward 70, approaching overbought territory but still signaling strong bullish momentum.

At the same time, the Moving Average Convergence Divergence (MACD) remains firmly in positive territory and continues to expand, suggesting buying pressure remains dominant.

On the upside, immediate resistance is located near the 200-day EMA at $497.05. A decisive daily close above that level could open the door for a push toward the 38.2% Fibonacci retracement level at $515.06.

Beyond that, bulls may target the 50% retracement near $544.56, followed by the 61.8% Fibonacci level around $574.07 if momentum accelerates.

On the downside, immediate support sits near the confluence zone between $478.47 and $478.55, where the 100-day EMA aligns with the 23.6% Fibonacci retracement level.

Additional support is found at the 50-day EMA near $457.91, while the former breakout trendline around $449.56 could attract renewed dip-buying interest during deeper pullbacks.

Ethereum accumulation addresses witnessed a surge in daily inflows on Wednesday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory following its latest rise to $2,400.

Key takeaways:

• Accumulation addresses absorbed about $592 million in ETH on Wednesday, signalling aggressive long-term buying.
• Ether’s ascending triangle projects an ETH price rally to $3,315.

Ethereum accumulators add $592 million in ETH

Ether’s investor confidence has returned following its 39% recovery from a multi-year low below $1,750.

Data from CryptoQuant showed daily inflows into accumulation addresses have increased steadily since mid-2025, reaching an all-time high of 1.14 million ETH in November 2025. The inflows have continued to climb in 2026, averaging 200,000 ETH per day.

These addresses received 246,620 ETH on Tuesday, worth approximately $592 million at current rates.

ETH inflows into accumulation addresses. Source: CryptoQuant

Accumulation addresses are wallets that continuously receive ETH without making any outgoing transactions. They may belong to long-term holders, institutional investors, or entities strategically accumulating Ethereum rather than actively trading it.

As a result, the total ETH held by these long-term holders reached a record 25 million ETH, marking a 20.36% jump so far in 2026. 

Large spikes in inflows to these addresses often signal strong confidence in Ether’s long-term potential, with past trends showing that such surges frequently precede price rallies.

For example, on June 22, 2025, Ethereum accumulation addresses recorded a daily inflow of over 380,000 ETH. Nearly 30 days later, ETH’s price rose by almost 85%. A similar price rally followed November 2025’s inflow spike into the accumulation addresses.

Whale wallets are also showing bullish signals. The chart below shows that whale wallets with a balance of 10,000-100,000 ETH have seen their holdings rise to an all-time high of over 19.5 million tokens, after rapid accumulation over the last 30 days.

Wallets with over 100,000 ETH have also increased their holdings to 4.7 million ETH, a 30% increase in 2026. 

Ethereum: Balance by holder value

As Cointelegraph reported, Ether’s spot taker cumulative volume delta, which has been increasing since early April, also suggested growing confidence among buyers.

How high can the ETH price go?

Ether’s liquidation heatmap shows the price eating away liquidity around $2,400, with large bid orders still sitting at $3,000, and between $3,350 and 3,500.

“If $ETH breaks through $2,500, a steady rise to $3,000 will follow,” crypto analyst CW8900 said in a Wednesday post on X, adding:

“There is almost no resistance for short positions.”

ETH liquidation heatmap. Source: CoinGlass

From a technical perspective, the ETH/USD pair is seeking to break above the horizontal trend line of an ascending triangle at $2,400.

A daily candlestick close above the 200-day exponential moving average at $2,700 will confirm the continuation of the uptrend toward the measured target of the triangle at $3,315. Such a move would bring the total gains to 40%.

ETH/USD daily chart. Source: Cointelegraph/TradingView

Technical analyst XForceGlobal shared a chart suggesting that Ether’s macro bottom could be in, with an Elliott Wave analysis projecting a rally to $3,500 once resistance at $2,600-$2,700 is broken.

ETH/USD daily chart. Source: XForceGlobal

As Cointelegraph reported, a close above the $2,600-$2,700 region would confirm a trend change, paving the way for the ETH/USD pair to rally toward $3,000.

This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.