NEAR Protocol’s token climbed 15% over the past 24 hours to $2.8, extending a month-long rally that has seen the price of NEAR double in the past month.

The move comes amid the success surrounding NEAR Intents, the network’s cross-chain transaction system. The product allows users to request a desired outcome, such as swapping USDC on Ethereum for SOL on Solana, while third-party solvers execute the transaction behind the scenes.

DefiLlama data shows NEAR Intents has processed more than $19 billion in cumulative volume and generated about $32 million in fees. The figures have drawn renewed attention to the protocol after months of limited price movement.

The rally accelerated further after BitMEX co-founder Arthur Hayes described NEAR, Hyperliquid’s HYPE and ZEC as crypto’s “holy trinity” in a post on social media, before suggesting there’s a “long way to go” in its rally.

NEAR gained about 30% as traders rotated back into tokens tied to artificial intelligence and blockchain infrastructure earlier in the month, while institutional demand has been growing. The Bitwise NEAR Staking ETP listed in Europe has grown to roughly $40 million in assets under management, after seeing $7 million in inflows in a single week.

Investors are also watching an upcoming June network upgrade that introduces dynamic resharding. The change is designed to automatically split network shards as demand increases, potentially improving scalability during periods of heavy usage.

Despite the recent surge, NEAR remains well below its 2022 peak near $20.

NEAR is a layer-1 blockchain focused on applications, AI infrastructure and cross-chain transactions. The network uses a proof-of-stake model and markets itself as a platform designed to simplify interactions across blockchains while handling large volumes of activity through sharding.

Two Texas Congressional candidates supported by millions of dollars in spending from interest groups aligned with the cryptocurrency industry are headed for runoffs this week in races for the US Senate and House of Representatives.

On Tuesday, Democratic voters in Texas’ 18th congressional district will decide between incumbent Al Green and challenger Christian Menefee to run in November’s general election. Statewide, voters will choose between Texas Attorney General Ken Paxton and incumbent John Cornyn for the Republican primary for US Senate.

Both Tuesday races are runoffs after none of the candidates failed to secure a majority in Texas’ March primaries. The crypto industry, through spending on media by political action committees (PACs), has stakes in both races, which could influence policy and the makeup of Congress going into 2027.

As of Sunday, Protect Progress, affiliated with the Ripple- and Coinbase-backed Fairshake PAC, reported spending $5 million to support Menefee over Green. The PAC spent $2.8 million on ads opposing Green. Menefee also has the endorsement of the Blockchain Leadership Fund, a committee backed by Anchorage Digital and Chainlink Labs, though it had not reported any expenditures as of Monday.

Source: US Federal Election Commission

The outcome of the primaries could influence who will ultimately win Texas’ 18th district and one of the state’s two Senate seats in the November general election, potentially affecting which political party controls Congress in 2027. Under a Republican majority, lawmakers have passed key pieces of legislation supported by the crypto industry, including the stablecoin GENIUS Act.

At least one of the ads funded by Protect Progress to support Menefee did not mention crypto or blockchain, but rather Green’s opposition to US President Donald Trump. Bill King, a former opinion writer for the Houston Chronicle, said in a local FOX26 segment that aired on Sunday:

“I saw 12 television commercials yesterday paid for by the Protect Progress PAC […] and that same group of people are the ones that are primarily funding Trump.”

Related: Texas Lt. Gov. calls for study of crypto, prediction markets  

The Fellowship PAC, funded by Wall Street firm Cantor Fitzgerald and Anchorage, reported spending $500,000 to support Paxton over Cornyn for the US Senate seat. The expenditure came about 24 hours after Trump endorsed Paxton, saying that Cornyn had been “very late in backing” him as a Republican candidate for president.

Prediction markets heavily favor Paxton and Menefee

The Kalshi prediction market gave its users 91% and 96% chances on event contracts favoring Menefee over Green and Paxton over Cornyn, respectively.

Source: Kalshi

The platform has consistently provided event contracts favoring the Democratic candidate since February, while Paxton’s odds surged above 90% for the first time after Trump’s endorsement on Tuesday, and stood at almost 96%, at last look on Monday. Bets on that race topped more than $16 million in total volume.

Rival predictions market platform Polymarket gave both candidates similar chances in Tuesday’s runoffs.

Magazine: ETH bears growling, Tom Lee’s buying, XRP to ‘explode’: Market Moves

Regulatory progress and XRP growth fuel interest in cloud mining platforms like SHRMiner among crypto investors.

According to CNBC, following months of negotiations regarding stablecoin yield rules and decentralized finance (DeFi) regulation, the Digital Asset Market Transparency Act was passed by the Senate Banking Committee on May 14. 

Senators Ruben Gallego and Angela Alsobrooks, joined by all Republican members, championed the bill’s passage. Following the vote, the price of Bitcoin briefly surged to $81,965 but subsequently retreated amid macroeconomic headwinds; the bill still requires 60 votes in the Senate as well as passage by the House of Representatives.

This cryptocurrency market news highlights the trend toward a transition to regulated legitimacy; however, regulatory clarity alone does not tell retail investors where to find the greatest returns, and as the rules become increasingly clear, the window for early positioning is narrowing.

Regulatory uncertainty has historically caused even the most astute investors to adopt a wait-and-see approach. Today, with the advancement of the CLARITY Act, the central question has shifted from whether the market can grow to which specific projects will yield returns for early-moving investors. 

Amidst an environment characterized by heightened price volatility and an abundance of short-term opportunities, regulated cloud mining platforms — such as SHRMiner — are emerging as the preferred choice for investors. Users need neither to own their own hardware nor possess technical expertise; they simply need to purchase computing power to participate in mining and earn daily returns, all while benefiting from the growth potential of the XRP ecosystem.

In this environment, investors are no longer merely asking:

“Will the price go up?”

But increasingly:

“How can I generate daily profits, even without engaging in active trading?”

Against this backdrop, SHRMiner has officially launched a cloud mining rewards contract that supports XRP payments. Users simply need to use XRP to activate computing power, requiring no additional hardware or complex procedures. The system automatically executes the mining operations and settles daily earnings, enabling otherwise idle XRP assets to achieve steady appreciation.

Why has cloud mining suddenly sparked such heated discussion?

SHRMiner is a UK-based cloud mining platform dedicated to providing secure, efficient, and scalable cloud mining services to over 5 million users across more than 180 countries. Users are not required to purchase mining hardware themselves, nor do they need to bear the complex costs associated with electricity, cooling, or maintenance; instead, they can participate in Bitcoin mining indirectly simply by purchasing the hash rate contracts offered by the platform. Compared to traditional individual mining methods, this model significantly lowers the barrier to entry while simultaneously making the allocation of hash rate resources more centralized and professional.

SHR Miner’s XRP cloud mining is now live

XRP has long been recognized for its pivotal role in cross-border payments and institutional finance; now, SHRMiner’s latest innovation — user-friendly cloud mining — propels XRP into a new era.

Users can choose to mine XRP directly or leverage SHRMiner’s intelligent AI engine, which automatically redirects mining power to the assets yielding the highest returns, including BTC, XRP, ETH, DOGE, USDC, and others. Earnings are paid out daily in a chosen cryptocurrency, providing a reliable source of income regardless of market fluctuations.

Whether someone is a beginner or an experienced investor, with the SHRMiner cloud mining platform, they can easily participate in mining without the need to purchase mining hardware or possess specialized technical skills. In just four simple steps, anyone can embark on their journey toward generating passive income from digital assets.

Here is how to join SHRMiner

1. Register an Account

Visit the official website or download the mobile app. Complete registration using an email address to instantly receive a $15 reward, plus a daily login bonus of $0.60. (Click here for one-click registration).

2. Select an Investment Plan

The platform offers various plans ranging from $100 to $200,000, varying in both duration and scale; users can select the plan that best suits their available funds and target returns.

3. Supported Cryptocurrency Deposits

Participate using a variety of supported cryptocurrencies, including XRP, BTC, ETH, and USDT. The system will automatically convert your deposited assets into cloud mining hash rate.

4. Activate the Contract and Earn Returns

Once the contract is activated, earnings will be automatically settled within 24 hours. Users have the option to withdraw their profits or reinvest them to capitalize on the power of compound interest.

The primary advantage of this model lies in its significantly lowered barrier to entry. Users are not required to research specific mining hardware models or hash rate configurations, nor do they need to set up their own system environments; they simply need to register an account, deposit assets, and select a mining plan to begin generating returns.

Examples of Common Contracts:

After purchasing a contract, earnings will be automatically credited to an account within 24 hours. Upon the contract’s expiration, the principal will be returned in full. The principal can be withdrawn or reinvested to enjoy the benefits of compound interest. For further details regarding mining contracts, please click here to learn more.

SHRMiner Platform Advantages:

• Supports daily automatic settlement
• No additional electricity or maintenance costs required
• Utilizes advanced ASIC mining hardware, powered by renewable energy sources including hydropower, wind power, and solar power.
• Supports Multi-Currency Mining: Earn major cryptocurrencies such as BTC, XRP, ETH, DOGE, USDC, USDT, SOL, LTC, BCH, and more.
• Equipped with SSL encryption and DDoS protection, a real-time earnings dashboard for easy monitoring of mining performance
• 100% remote access, fully accessible via the SHRMiner application or browser without hardware requirements, and 24/7 online technical support.
• Affiliate Program: The Affiliate Program allows users to earn up to 4.5% commission by referring friends, with the opportunity to earn an additional bonus of up to 30,000.

Unimaginable money-making opportunities

What sets SHRMiner apart is its extraordinary daily passive income potential; users have the opportunity to earn $8,900 — or even more — every day, thereby realizing their dream of getting rich online. Imagine generating substantial income without the need for constant effort or complex setups — that is precisely what SHRMiner offers.

Conclusion

For those who are looking for ways to generate passive income, cloud mining is an excellent option. When utilized effectively, these opportunities can help effortlessly accumulate cryptocurrency wealth on “autopilot.” Market opportunities favor the swift; now is the ideal time to capitalize on the growth potential of XRP and secure stable daily returns through SHRMiner — a key to achieving sustainable wealth accumulation.

For more information, visit the official website.

XRP is moving within a defined value zone as macro factors and on-chain activity converge, signaling a tightening liquidity backdrop for the token. On May 22, large XRP withdrawals from Binance—totaling 122 million XRP, worth about $170.8 million at then-current prices—underscored a shift by big holders away from exchange wallets, even as demand from XRP-related investment products persists.

Key takeaways

• CryptoQuant data show 122 million XRP were withdrawn from Binance on May 22, a single-day total above 100 million XRP for the first time since a February spike of 278 million XRP, valued at roughly $171 million at the time.
• Repeated withdrawals near the $1.35–$1.40 zone suggest some larger holders view this area as a value region, potentially signaling accumulation or a shift toward custody rather than immediate selling.
• US spot XRP ETFs continue to attract fresh money, with inflows reported over 16 consecutive days totaling about $116.75 million.
• Technically, XRP has traded in a tight range between $1.30 and $1.50. A sustained move above $1.50 on strong volume could unlock a higher target, with some analysts pointing to around $2.33 in a bullish break scenario.
• The Bollinger Bands remain notably tight—the tightest since mid-2024—often preceding meaningful price moves. Longer-term charts show that a successful breakout could echo past cycles that delivered sizable upside.

Whale moves in a value zone and what it signals

According to CryptoQuant, the May 22 withdrawal from Binance comprised 122 million XRP in large transactions—the largest single-day exodus above 100 million XRP since February’s 278 million XRP spike. CryptoQuant analyst Amr Taha emphasized that the price context matters: the $1.35–$1.40 range has taken on significance as a potential accumulation zone for sizable holders. In his words, the pattern of withdrawals near this price band “may indicate that some larger players view this area as a value zone.”

The liquidity shift is notable not only for the raw outflows but for what typically follows: reduced immediate sell-side pressure as holders custody funds or funnel exposure into XRP investment products. The dynamics at this juncture are being watched closely by traders who regard the zone as a fulcrum for the next move.

XRP: Whale outflows from exchanges. Source: CryptoQuant

ETF inflows reinforce growing demand in the ecosystem

Beyond on-chain movements, demand indicators from the ETF space add an important dimension to the story. Inflows into US-based spot XRP exchange-traded products have continued apace, with positive flows recorded for 16 consecutive days, accumulating roughly $116.75 million. The persistence of these inflows points to a broader market appetite for XRP exposure via regulated trackers, complementing the backdrop of on-chain accumulation.

Technical backdrop and potential price trajectory

From a chartist’s perspective, XRP/USD has been confined to a relatively narrow band since early February, trading between about $1.30 and $1.50. A close above $1.50 with convincing volume could embolden bulls to push toward the upper end of the range, with a handful of analysts outlining larger potential moves if the breakout gains traction.

Analyst ChartNerd highlighted that the $1.30 level currently acts as a guardrail. If the price slips below this support, a deeper slide toward the lower end of the $1.30–$1.50 corridor becomes more likely in the ensuing weeks. Conversely, a clean breakout above $1.50 could renew momentum and set the stage for a test of higher targets.

Historical context provides a useful frame: XRP has traded within a multi-year range from May 2022 through November 2024. Cointelegraph noted that a breakout above the previous upper bound—identified around $0.68—preceded a roughly 400% rally to $3.40 by January 2025. With this longer-term lens, a sustained breakout above the $1.50 ceiling, if supported by volume, could yield outsized gains relative to the ongoing consolidation.

Crypto Patel, another market commentator, described the current consolidation as a potential “best accumulation zone,” suggesting that the stage could be set for a renewed up-leg akin to the late-2024 breakout phase. His framework envisions upside to the vicinity of $2.33 if the market sustains a breakout with robust participation, representing roughly a 7x move from the lower end of the current range in a favorable scenario.

XRP/USD two-week chart. Source: X/Crypto Patel

Overhead resistance in the $1.40–$1.50 zone remains a practical hurdle. If buyers can muster sustained pressure and push through that region with conviction, a more decisive leg higher could follow. Conversely, failed attempts may see continued range-bound action in the near term, particularly if broader market conditions remain uncertain.

In sum, the confluence of concentrated on-chain activity, persistent ETF inflows, and a technically tight price backdrop creates a nuanced setup for XRP. While the macro narrative around liquidity and custody shifts remains supportive of accumulation, the magnitude of any new rally will likely depend on sustained buying interest and a clear breakout through the immediate resistance with accompanying volume.

Watch for the next wave of exchange outflows or inflows and any decisive price action above $1.50 with turnover that validates a fresh leg higher. If buyers fail to establish that momentum, the risk remains that XRP could revisit the lower end of the current range or revisit 1.30 as the market digests the latest liquidity signals.

Key Highlights

• Eli Lilly shares climb following impressive VERVE-102 cholesterol reduction data

• Heart-2 trial demonstrates significant PCSK9 protein and LDL-C decreases

• Gene editing approach delivers promising early outcomes for cardiovascular therapy

• Single-dose treatment shows persistent cholesterol lowering in clinical study

• Pharmaceutical giant moves forward with VERVE-102 following encouraging Heart-2 findings

Eli Lilly (LLY) stock experienced notable upward movement, climbing to $1,065.00 with a gain of $23.35, representing a 2.24% increase during trading. The pharmaceutical giant’s shares strengthened following the disclosure of encouraging Phase 1b findings demonstrating persistent cholesterol reduction achieved by VERVE-102.

Eli Lilly and Company, LLY

Impressive Cholesterol Lowering Results from VERVE-102

Eli Lilly experienced upward stock momentum after unveiling data for VERVE-102. The investigational therapy utilizes in vivo base editing technology to target the PCSK9 gene within liver cells. The treatment is designed to reduce LDL cholesterol following a single intravenous administration.

The Heart-2 study recruited adult patients diagnosed with heterozygous familial hypercholesterolemia or early-onset coronary artery disease. The preliminary assessment included 35 study participants treated at various dosing levels. The pharmaceutical company shared these findings during the European Atherosclerosis Society Congress.

VERVE-102 demonstrated dose-related decreases in circulating PCSK9 protein levels. Average PCSK9 reductions spanned from 51% at the 0.3 mg/kg dose up to 88% at the 1.0 mg/kg dose. LDL cholesterol reductions achieved 62% at the maximum dose tested.

Favorable Safety Profile Encourages Advancement

Eli Lilly attracted investor confidence with the trial’s favorable preliminary safety outcomes. The pharmaceutical company confirmed zero treatment-related serious adverse events occurred. Additionally, no dose-limiting toxicities emerged throughout the evaluated dose range.

Documented treatment-related effects consisted of mild infusion reactions and fatigue symptoms. Nevertheless, every study participant completed their entire scheduled dose. Furthermore, participant retention remained at 100% with no withdrawals from the Heart-2 trial.

The cholesterol-lowering effects demonstrated persistence throughout extended monitoring periods. The company documented sustained benefits extending up to 18 months post-administration. These findings provide compelling rationale for advancing the therapy into expanded clinical evaluation.

Phase 2 Trial Launch Scheduled for 2025

Eli Lilly and Company’s stock performance continues reflecting investor enthusiasm for cardiovascular breakthroughs. VERVE-102 addresses patients confronting substantial lifetime cardiovascular risk. The regulatory agency has awarded Fast Track designation for LDL cholesterol reduction in qualifying patient populations.

Heterozygous familial hypercholesterolemia impacts approximately one individual per 200 to 250 people. This genetic disorder produces chronically elevated LDL cholesterol levels and increases early cardiovascular disease risk. Coronary artery disease impacts over 300 million individuals globally.

Eli Lilly and Company stock advanced as the organization outlined its upcoming development milestone. Lilly intends to initiate a Phase 2 clinical trial before the close of this year. With this progression, VERVE-102 transitions from preliminary validation toward more extensive clinical evaluation.

TLDR

• Economist Henrik Zeberg says the current Bitcoin rally is part of a temporary B-wave bounce within a bearish cycle.
• He argues that Bitcoin may have completed a long-term fifth wave near highs above $110000.
• The analysis shows Bitcoin could rise in the short term before a deeper correction toward $41492 support.
• Bearish divergence on the RSI indicates weakening momentum despite recent price gains.
• The monthly MACD is nearing a bearish crossover similar to signals before past bear markets.

Bitcoin is showing recovery signs as it approaches $80,000, but a new warning has emerged. Economist Henrik Zeberg says the current move may precede a deeper Bitcoin crash. He believes the rally is temporary and part of a broader bearish cycle.

Bitcoin Crash Warning Linked to Elliott Wave Structure

Henrik Zeberg shared his outlook in a May 25 post on X. He described the current market move as a “B-wave” bounce. He explained that this phase often appears during broader bearish cycles. It typically creates a temporary rise before a deeper decline.

Zeberg based his analysis on Elliott Wave theory. He tracked Bitcoin’s price structure from its early market cycles. He argued that Bitcoin may have completed a long-term fifth wave. This wave likely formed near recent highs above $110,000.

According to his chart, the broader structure suggests a major top. He linked this formation to price behavior since 2012. Bitcoin price recently retraced to the 0.618 Fibonacci level near $66,426. Zeberg said this level supports a short-term rebound.

He added that the price could rise above current levels during this bounce. However, he maintained that the larger trend remains bearish. His projections showed downside targets near $41,492. He also indicated that prices could fall lower over time.

Technical Indicators Support Bitcoin Crash Outlook

Zeberg pointed to weakening momentum indicators. He said the relative strength index shows bearish divergence. This pattern occurs when prices rise but momentum weakens. It has preceded past Bitcoin market reversals.

He also highlighted the monthly MACD indicator. It is approaching a bearish crossover based on current data. Similar signals appeared before the 2018 and 2022 bear markets. These crossovers often indicate trend reversals.

Another analyst, TradingShot, shared a similar view on May 24. The analyst also cited bearish divergence on the monthly RSI. TradingShot noted that price gains were not supported by strong momentum. This pattern has historically signaled market tops.

A separate cycle-based chart added further context. It combined Bitcoin’s four-year cycles, halving events, and Fibonacci time levels. The chart suggested Bitcoin is entering a bearish phase. It pointed to a possible decline toward $50,000.

This level aligns with the weekly 350 moving average. The indicator has marked previous bear market bottoms. Bitcoin continues to trade below its recent peak above $110,000.

YZi Labs has launched YZi Talent, a recruitment platform that aggregates open roles from its Web3, artificial intelligence and biotechnology portfolio, starting with senior engineering and business leadership positions at predict.fun and AgriDynamics Robotics.

In an official X post, YZi Labs announced the debut of YZi Talent as a dedicated recruitment platform “integrating open positions in Web3, AI, and biotechnology from its portfolio,” positioning it as a single entry point for candidates who want to work at the intersection of those three domains.

The first batch of postings highlighted in the announcement includes a Backend Chief Engineer position at predict.fun, a Frontend Staff Engineer role, and a Founding Business Leader role at AgriDynamics Robotics, a robotics venture focused on applying AI and automation to agriculture.

What is YZi Talent and which roles are live at launch?

Earlier materials from YZi Labs’ EASY Residency cohorts show both predict.fun and AgriDynamics among the companies the firm has backed: Weex’s coverage of the Season 2 portfolio lists predict.fun as “a prediction market enhancing liquidity with DeFi” and AgriDynamics as an agri robotics project working with fruit harvesting and automation.

Job listings circulated on third party sites for similar YZi Labs roles suggest the type of profiles YZi Talent is targeting.

For example, a Web3 Researcher role description notes that candidates are expected to “conduct comprehensive research on Web3 technologies, trends, protocols, and innovations” and “identify and evaluate Web3 talents, including blockchain researchers, developers, and entrepreneurs, for potential investment or collaboration,” blending technical depth with investment facing responsibilities.

A separate LinkedIn update from YZi Labs outlines broader hiring needs inside the lab itself, including Investment Directors for Web3, an Investment Associate with banking or private equity background, a Portfolio Management Lead, go to market experts, and dedicated recruiters, all framed around “backing the next generation of founders shaping Web3, AI, and biotech.”

YZi Talent is effectively the portfolio side complement to that in house hiring push, giving founders in the lab’s ecosystem a shared distribution channel for attracting senior engineers, researchers and operators.

A March 2025 report on crypto.news described how YZi Labs appointed Jane He as a general partner to lead its biotechnology investments, noting that the firm was “actively seeking visionary founders driving technological advancements in Web3, AI, and biotech,” and pointing to deals in decentralized science and data sharing as early examples.

By December 2025, YZi Labs had announced investments in seventeen new projects focused specifically on those three verticals, a lineup that included AgriDynamics in agricultural robotics, predict.fun in prediction markets, Trellis Robotics in soft robotics, and Ethena Labs in synthetic dollar infrastructure.

In blog posts and conference talks, YZi Labs partners have argued that the “triple frontier” of AI, Web3 and biotech will generate new categories of applications, from tokenized data markets for medical records to AI driven on chain trading tools and robotic systems that rely on decentralized coordination.