News & Insights

Stay updated with the latest developments from the XRP Echo validator, token governance, and the broader XRPL ecosystem.

Sky crypto up 11% in 24 hours – What’s next for the altcoin’s buyers now?

SKY crypto, previously known as Maker [MKR] DAO before its rebranding in August as part of the MakerDAO's "Endgame" overhaul, has been showing strong performance in recent times. The change was a significant step for the project, aiming to simplify the user experience for its community. The legacy governance system of MKR continued to operate, giving holders the option to upgrade their assets to the new format at a conversion rate to 24,000 SKY tokens for each MKR.

ambcrypto.com
Exchange Netflow 06:30, 04 Jun 2025

Bitcoin echoes 2021’s top – But this time, BTC whales have different plans

Bitcoin, the foremost cryptocurrency, has been showing clear signs of optimism and strength as evidenced by various on-chain metrics and behaviors of its holders. Despite the fact that Bitcoin is trading at values higher than $100,000, there has been a relatively low level of public excitement around it, with subdued interest shown through tools like Google Trends. Nonetheless, the crypto community, particularly on social platforms, has been watchful of patterns that may suggest a peak similar to that seen in 2021 when Bitcoin approached the $108K mark.

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Here’s how the Fed and Jerome Powell could shape Bitcoin’s road ahead

The Federal Reserve has provided a ray of hope in the midst of a bearish crypto market by indicating potential rate cuts by the end of 2025. Fed Governor Christopher Waller's recent statement has sparked optimism among investors, suggesting that these cuts could lead to a positive shift in the market. This news arrives as the crypto market experienced a significant downturn, with its total capitalization dropping from over $3.5 trillion to just above $3.2 trillion within ten days and Bitcoin struggling to find its footing after having peaked near $112,000.

ambcrypto.com
TRON 05:30, 04 Jun 2025

Will TRX’s price follow the uptick in TRON’s network adoption?

In the first half of 2025, the TRON network experienced a significant increase in daily transaction activities, signaling a robust growth in the network's usage and adoption. An on-chain analyst monitored these activities and noted that daily transactions on TRON ranged between 6 to 9 million in this period.

ambcrypto.com
Ripple 05:00, 04 Jun 2025

Ripple Expands Middle East Presence as RLUSD Gains Approval in Dubai

Ripple, a prominent player in digital asset infrastructure, has reached a significant milestone by obtaining regulatory approval from the Dubai Financial Services Authority (DFSA) for its US dollar-backed stablecoin, RLUSD. With this approval, Ripple will be able to introduce RLUSD into the Dubai International Financial Centre (DIFC), a key financial hub in the Middle East. The stablecoin is set to provide a reliable payment rail within Ripple's existing platform, which is already licensed by the DFSA. This move signals the beginning of a new phase in Ripple’s efforts to expand its services and influence across the region.

bitcoinist.com

Binance U.S triggers rally in HYPE token — Is this just the beginning?

Hyperliquid (HYPE), an altcoin, experienced a significant increase in value following news of its upcoming listing on Binance U.S for spot trading. The announcement prompted a 7% boost to the cryptocurrency's value, furthering its mid-week rally to an impressive 20% gain. At the moment of reporting, HYPE's value had seen a considerable rise, moving from $31 to $37.85 since the beginning of the week, a massive triumphant rebound from its lower prices in April, marking a 300% climb.

ambcrypto.com

44 mln SUI drops into the market – 2 paths ahead for price action

In recent market developments, Sui (SUI) experienced a significant token unlock at the start of June, releasing 44 million tokens into the market, equivalent to 2% of the total supply. The introduction of this additional supply comes at a critical time for SUI, which had seen its value plummet nearly 21% from its peak in early May. The cryptocurrency had managed to reach a high of $4.15, breaking free from a four-month stagnation period, but its subsequent decline has been steady and unrelenting, despite Bitcoin (BTC) reaching new all-time highs.

ambcrypto.com

Altcoins near historic support: Is Bitcoin losing its crown?

Altcoins are demonstrating resilience at pivotal levels as Bitcoin's dominance seems to be waning, suggesting a potential shift toward outperformance from coins other than Bitcoin and Ethereum. Indicators are revealing that the altcoin market is approaching historical support zones that have traditionally signaled the onset of rallies in the altcoin sector.

ambcrypto.com

POPCAT gains 15% in a day: Assessing odds of a rally to $0.47

Popcat, a cryptocurrency, has seen impressive gains within a day, experiencing a 15.37% increase in its value, reaching $0.4199 from a local high of $0.429. Alongside its price, its trading volume has spiked significantly by 84.8%, achieving $72 million with the total climbing to $389.7 million.

ambcrypto.com
Cryptocurrency ATMs 12:00, 03 Jun 2025

Australia cracks down on crypto ATMs after $3M scam losses

In light of the increasing instances of fraud associated with cryptocurrency ATMs, Australia has taken a proactive approach to address the issue. The Australian Transaction Reports and Analysis Centre (AUSTRAC), the nation's financial intelligence agency, has introduced a series of stringent measures to enhance the security of crypto ATM transactions.

ambcrypto.com
liquidation hunt 11:00, 03 Jun 2025

Hyperliquid founder fires back at CZ’s ‘dark pools’ proposal – Details

Following a heated debate between cryptocurrency exchange pioneers, Jeff Yan, founder of Hyperliquid [HYPE], rebutted criticism from Binance [BNB] CEO Changpeng Zhao (CZ), over the handling of traders' liquidation data in the realm of decentralized finance (DeFi) trading. The disagreement surfaced in the aftermath of a significant $100 million Bitcoin (BTC) position liquidation, which engulfed a trader named James Wynn on the Hyperliquid platform.

ambcrypto.com

Solana faces 2.8M SOL dump, but this could spark a run to $160 – HOW?

Solana, a prominent cryptocurrency represented by its token SOL, has witnessed substantial movement as 2.8 million tokens flowed into the exchange Binance. This event occurs in a market that is showing signs of revival and an increased appetite for risk, with SOL's price aiming toward the $160 mark once again. In such a climate, the infusion of tokens might actually serve as a catalyst for further growth rather than exerting downward pressure on the price if sustained momentum attracts buyers.

ambcrypto.com

Bitcoin crosses $100K, yet Google searches for BTC stay flat – Here’s why

Bitcoin has reached a new milestone by surpassing $100,000, but despite this significant achievement, public interest measured through Google search data has not seen a corresponding increase. The search interest for Bitcoin is currently scored at 17 points, which is the same level observed when Bitcoin was priced much lower, at $17K, $26K, and $54K. This suggests that the general sentiment around Bitcoin remains relatively subdued, with no signs of the typical hype that accompanies major price milestones.

ambcrypto.com
Ethereum 07:00, 03 Jun 2025

Ethereum – Here’s why there are plenty of trading opportunities this week

Ethereum's trading movement has shown a pattern of being influenced by pockets of liquidity, evidencing a market focused on specific price levels that traders were monitoring closely. Recently, Ethereum has been trading below the $2,550 threshold after having dropped beneath it over the weekend and encountering it as a resistance upon retesting. As per the ongoing market analysis, a significant level of interest to traders was the $2,480 mark, which was anticipated to perform as a support due to the concentration of liquidations at that point. This estimation was verified when Ethereum's price dipped to $2,475, indicating that sellers were in control, accentuated by a high volume of sell orders and significant capital outflows. However, the presence of whales in the Ethereum market surfaced with a brief spike in buy orders, signaling a reduction in the netflows and potentially hinting at a forthcoming reversal in the current downward trend.

ambcrypto.com

The iceberg strategy – Why Tether’s 100K BTC reserve is just the beginning!

Tether, primarily known as a stablecoin issuer with its USDT token, which serves as a safe haven during market volatility, has embarked on a strategic shift towards accumulating substantial Bitcoin (BTC) reserves, now holding over 100,000 BTC. The company's market share in the stablecoin industry is dominant, with over 61% of the total supply, and its intentions for the crypto ecosystem are becoming more pronounced.

ambcrypto.com
Bitcoin ETFs 06:00, 03 Jun 2025

Bitcoin ETFs end six-week inflow streak with $157M outflows after new tariff fears

The mid-April streak of Bitcoin inflows came to a halt last week as the digital asset experienced significant outflows amounting to $157 million. Before this reversal, Bitcoin products had attracted massive weekly inflows totaling over $9.6 billion over six weeks. During this inflow period, the price of Bitcoin had climbed from $84,000 to over $110,000 but slipped below the $110,000 mark following the recent outflows.

ambcrypto.com

Unicâmbio Taps Ripple to Speed Up Payments Across Borders

Unicâmbio, a prominent player in Portugal’s currency exchange market, has taken a significant step forward by incorporating Ripple’s blockchain-based payment system, which is renowned for its speed and cost-efficiency, into its services. This strategic move is not a mere trial but a definitive leap aimed at enhancing remittance services for many Portuguese who rely on sending money to family in Brazil.

www.crypto-news-flash.com

Can Pi Network’s bulls enforce a reversal in the face of steady selling pressure?

The Pi Network's native token, PI, experienced varying degrees of market momentum and apparent volatility that were closely observed through different technical analyses. Despite a bullish movement seen in early May, where the token's value spiked by 188%, the progress was short-lived as the month concluded with a 63% decline erasing all the gained ground.

ambcrypto.com

Keeta crypto’s road to $1 – Here’s how buyers can take advantage!

Keeta, a cryptocurrency described as a "high-performance Layer 1" token, has been on a significant rally since May 10, with its price soaring by 359%. Despite the broader altcoin market cap's stagnation at approximately $1.12 trillion, Keeta has not seen a reduction in capital inflows. On May 19, BitMart added Keeta to its trading platform, which followed the release of Keeta’s software development kit (SDK) on May 16. Keeta boasts an impressive maximum transactions per second (TPS) of 47,500, hitting an actual throughput of 1,722 transactions per second on a recent Monday, as recorded by Chainspect data.

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EIP-7702 03:00, 03 Jun 2025

New Ethereum feature backfires – $150K stolen in sweeper attacks post-Pectra upgrade

Ethereum's recent upgrade, known as Pectra, has inadvertently opened the door for cybercriminals by implementing a feature called EIP-7702, which is designed to enhance user experience and security. In the short period following its launch, attackers have started exploiting EIP-7702 through what's described as "sweeper" attacks. These attacks have already seen almost $150,000 stolen from a compromised wallet, illustrating a critical tension between increasing ease of use and ensuring robust security.

ambcrypto.com

Ai16Z’s 15% surge in 24 hours – More to come or should buyers be wary?

Ai16Z experienced a notable surge in its price over a 24-hour period, climbing by 15.49% from $0.2100 to a high of $0.2587. This increase was accompanied by a significant rise in both its derivatives and spot market activities, suggesting a growing interest in the memecoin.

ambcrypto.com

Can Shiba Inu break out of THIS bullish pattern, if so, what next?

Shiba Inu (SHIB), a cryptocurrency known as a memecoin, has experienced a significant decline of 11.88% over the past week, which appears to be stabilizing due to emerging bullish indicators in the market. The token has been trading at the support level within a bullish pattern, indicating potential for an upward trajectory. One such pattern is a bullish triangle, which suggests that after a period of price consolidation, there is traditionally a breakout through the resistance line. In SHIB’s case, if it breaks out of this pattern, it could potentially lead to a price increase of 39%, reaching $0.00001765. Nevertheless, this would require a confirmation with a candle close above the resistance level.

ambcrypto.com
Bitcoin 00:00, 03 Jun 2025

Bitcoin STHs panic! – Is $104K the key to avoiding more losses?

Bitcoin, the leading cryptocurrency, experienced a significant dip following a rally to $112k ten days earlier, plummeting to $103k. This decline drastically affected the profitability of short-term holders (STHs), particularly those who purchased Bitcoin at prices above $104k, pushing them into a situation of unrealized losses.

ambcrypto.com

Bitcoin vs altcoins – Examining if a new alt season is coming up soon

Bitcoin, the cryptocurrency market leader, has maintained a price above $100,000, but there has been a noticeable decline in Google Search trends related to the digital currency. This suggests that trader engagement with Bitcoin might be stable, but also hints at the possibility of an upcoming 'altcoin season,' a period where alternative coins (altcoins) to Bitcoin could experience larger price increases.

ambcrypto.com

SEC flags legal issues with Ethereum, Solana ETFs – Delay ahead?

The process for REX-Osprey to obtain approval for Solana (SOL) and Ethereum (ETH) exchange-traded funds (ETFs) featuring staking options from the U.S. Securities and Exchange Commission (SEC) has hit a snag. The SEC flagged REX's filing as possibly being incorrect and misleading in terms of the ETFs' status as investment companies, which could potentially postpone their market debut.

ambcrypto.com