News & Insights

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

ascending channel 18:00, 22 May 2025

PENGU bounces off key support – Is $0.020 back in sight?

Pudgy Penguins (PENGU), a digital asset, experienced a significant increase in value, rallying by 12.95% to trade at $0.01447 after it encountered support at the lower boundary of its ascending channel. This bullish movement seemed to echo previous patterns whereby the asset demonstrated steady climbs following support retests. The recent upturn has rekindled positive market sentiment and piqued the interest of traders, with eyes set on the next potential price ceilings.

ambcrypto.com
XRP Futures ETF 17:02, 22 May 2025

Ripple News: First-Ever XRP Futures ETF Launches May 22, Igniting ETF Hopes

Volatility Shares has taken a pioneering step in the digital asset space by launching the first-ever exchange-traded fund (ETF) that tracks the future price movements of XRP, a cryptocurrency developed by Ripple Labs. The XRP Futures ETF commenced trading on May 22, with the listing symbol XRPI on the Nasdaq. This venture allows investors a new avenue to gain exposure to XRP within the framework of familiar and regulated financial markets.

www.crypto-news-flash.com
1. Pectra upgrade 2. Validator performance 3. Account abstraction 17:00, 22 May 2025

Despite major upgrade, Ethereum user activity drops — What’s going on?

The Pectra upgrade for Ethereum was intended as a significant improvement to the network, combining elements from the Prague and Electra proposals. Its goal was to enhance various technical aspects such as validator performance, gas efficiency, and account abstraction. Despite the positive expectations for the upgrade, there has not been a significant increase in user activity or new user onboarding.

ambcrypto.com
1. RLUSD 2. XRP Ledger 3. MiCA Regulations 16:54, 22 May 2025

Ripple Targets European Market as RLUSD Emerges as MiCA-Compliant USDT Rival

In the wake of stringent new regulations in Europe targeting crypto-assets, RLUSD, Ripple's compliant stablecoin, has stepped into the limelight, potentially filling the gap left by the retreat of Tether's USDT from key European exchanges. The turn of events follows the introduction of the Markets in Crypto-Assets (MiCA) regulation by the European Union which imposes various restrictions and requirements on stablecoins. Some of the most significant stipulations include the prohibition of earning interest on stablecoins, necessitating 60% of reserves to be held in cash, and mandating daily limits on stablecoin issuance and redemptions. Additionally, the rules compel adherence to EU-regulated banking protocols.

www.crypto-news-flash.com
Bitcoin 03:00, 22 May 2025

Crypto supply shock? Bitcoin and Ethereum leave exchanges at record pace

Bitcoin (BTC) and Ethereum (ETH), two of the leading cryptocurrencies by market capitalization, are witnessing a declining presence on centralized exchanges (CEXes). This decreasing trend in available tokens on exchanges has dropped to multi-year lows: Bitcoin's supply on exchanges now stands at 7.1%, the lowest since November 2018, and Ethereum has fallen below 4.9%, the lowest in its history of over a decade. Over the past five years, this downward trajectory has culminated in the withdrawal of more than 1.7 million BTC and 15.3 million ETH from CEXes.

ambcrypto.com
DeFi 02:00, 22 May 2025

AAVE gathers steam as DeFi activity explodes – Next target $265?

Aave (AAVE), a leading protocol in the decentralized finance (DeFi) sector, is experiencing a surge in investor confidence, reflected by its rising price and network activity. The altcoin has seen its value increase by 11% over the past week, catching the attention of both traders and long-term investors. This uptick aligns with a broader bullish sentiment in the DeFi space, characterized by increased user involvement, lending demand, and a growing enthusiasm for DeFi products and services.

ambcrypto.com
XRP 01:00, 22 May 2025

XRP Futures debut hits $19 mln in trading volume: Is a Spot ETF next? 

The introduction of Ripple's XRP futures contracts on the Chicago Mercantile Exchange (CME) marked an impressive milestone for the cryptocurrency, recording a substantial trading volume upon its debut. With a notional trading volume hitting $19 million, the launch of XRP futures surpassed the introduction of Solana (SOL) futures, which garnered $12.1 million at its launch in March. XRP futures contracts became the latest digital asset futures offered on the CME platform, joining major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).

ambcrypto.com
Bitcoin 00:00, 22 May 2025

Bitcoin: 8,511 BTC moved on-chain: What LTHs are trying to show us

Recently, Bitcoin has witnessed significant activity among its long-term holders. An analyst has observed that 8,511 BTC that had been dormant for between 3 and 5 years became active again. This movement coincided with a period of strong positive momentum for Bitcoin, suggesting a potential for greater gains in the cryptocurrency's value.

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1. Falling Wedge Pattern 2. Open Interest (OI) 3. Liquidation Clusters 23:30, 21 May 2025

BONK: What memecoin’s falling wedge breakout could unfold

Bonk (BONK), a cryptocurrency, has recently shown bullish signs as it broke out of a falling wedge pattern on the daily timeframe, which is often a precursor to a sustained rally. The currency's ability to stay above this structure after retesting the breakout level indicates strength and the possibility of further price appreciation. At the time of the report, BONK's value had risen by 5.32% over the previous 24 hours to trade at $0.00002041.

ambcrypto.com
1. Altcoin-Bitcoin correlation 2. Whale-driven dominance 3. Market liquidity 23:00, 21 May 2025

Bitcoin climbs solo, without altcoins – Risk alert for traders!

Bitcoin has recently seen a rise in value, causing a buzz in the cryptocurrency market, but this increase has not translated across the spectrum of altcoins as it has in past surges. Historically, when Bitcoin's price climbed, altcoins typically followed suit due to a strong correlation between Bitcoin and other cryptocurrencies. However, this time, a marked decoupling is occurring, with many altcoins showing little to no correlation with Bitcoin's price movements. This development has sparked concerns among analysts, who suggest that the current Bitcoin rally may be built on shaky foundations, potentially setting the stage for a swift market correction.

ambcrypto.com
1. Open Interest (OI) 2. Long-to-Short Ratio 3. OI-Weighted Funding Rate 22:00, 21 May 2025

TRUMP: 73.64% of investors expect a rally – Will they be right?

In the financial markets, Official Trump (TRUMP) recorded a substantial 12.40% gain over the past 24 hours, positioning it as one of the leading gainers. This performance is reflective of a shift in market sentiment towards a potentially strong upward trend. A significant indicator of growing interest in TRUMP is the 28.42% rise in Open Interest (OI) in the derivatives market, which now stands at $724.48 million. Open Interest represents the total number of outstanding contract positions and its increase signals heightened trading activity.

ambcrypto.com
1. Blockchain 2. Cryptocurrency 3. Tokenization 21:00, 21 May 2025

NYC mayor Eric Adams launches advisory council to ‘use tech of tomorrow’

New York City Mayor Eric Adams has unveiled a new advisory council at the inaugural NYC Crypto Summit aimed at establishing the city as a leading global center for the cryptocurrency economy. Adams, recognized for his personal embrace of cryptocurrencies by converting his first mayoral salaries into Bitcoin and Ethereum, has emphasized his desire to integrate crypto-driven growth into New York's economy by stimulating job creation and strategic investment.

ambcrypto.com
MVRV 20:00, 21 May 2025

Dogecoin eyes $0.239 – Here’s what can help DOGE’s breakout

Dogecoin [DOGE], the meme-currency, shows strong signs of a possible breakout from its current consolidation phase near the $0.239 resistance level. If successful, the price could surge toward the $0.265 mark. This comes in the context of a recent large transaction of 393.6 million DOGE (worth over $89 million) between unknown wallets. At the time, DOGE was trading at $0.2252, demonstrating a modest gain of 1.63% within 24 hours.

ambcrypto.com
XRP 19:00, 21 May 2025

XRP and Dogecoin ETF rulings delayed – SEC sets June 17 deadline

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on approving exchange-traded funds (ETFs) for Ripple (XRP) and Dogecoin (DOGE). Both cryptocurrencies face a significant period of uncertainty as the SEC seeks more time to consider the applications and invite public comments. This delay aligns with similar extensions granted to Bitwise and Franklin Templeton for their DOGE and XRP ETF proposals, with all deadlines being pushed to mid-June.

ambcrypto.com
1. XRP 2. Futures 3. CME Group 18:00, 21 May 2025

Ripple Issues Stern Warning To Investors As CEO Celebrates New XRP Milestone

XRP, a prominent cryptocurrency, is poised to garner significant attention from institutional investors following its inclusion in the offerings of the CME Group, one of the world's most significant derivatives marketplaces. The creation of XRP and Micro XRP futures contracts, which was eagerly shared by Ripple’s CEO, Brad Garlinghouse, on social media, represents a crucial breakthrough for the digital asset. This development not only enhances the visibility of XRP but also signals the cryptocurrency's ascending stature in the financial sector, particularly among professional investors more accustomed to regulated financial instruments.

bitcoinist.com
1. ETF (Exchange-Traded Fund) 2. Stochastic RSI (Relative Strength Index) 3. Realized Cap (Capitalization) 18:00, 21 May 2025

Examining if Ethereum can rally past $3K as investor confidence rises

Ethereum (ETH) is showing patterns in its price action that analysts recognize from historical market behavior. These patterns consist of cycles known as accumulation, manipulation, and distribution phases. For Ethereum, there was a notable price spike in a previous bullish run in November, where it enjoyed a 42% increase. This was then followed by a consolidation period and a further 21% rise that led to achieving a record high of $4.1K, which remains its all-time high up to the present.

ambcrypto.com
1. XRP 2. SEC (Securities and Exchange Commission) 3. Judge Analisa Torres 17:23, 21 May 2025

Ripple v. SEC: Could Judge Torres Reverse Her Ruling? Expert Weighs In

In a recent update on the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), it was revealed that a U.S. judge might have grounds to reverse her decision on the case under specific circumstances. Judge Analisa Torres resisted a previous request from both Ripple and the SEC to issue an indicative ruling that would approve a settlement outside of a final verdict. The proposed settlement involved Ripple paying a $50 million fine instead of the $125 million originally assessed, along with the abandonment of a permanent injunction concerning violations of U.S. securities law.

www.crypto-news-flash.com
Golden Cross 17:00, 21 May 2025

ETH surged 90% last time this signal appeared – Will history repeat?

Ethereum has signaled a potential for an upcoming rally by forming a 'Golden Cross,' which is a bullish technical indicator where the 50-day moving average crosses above the 200-day moving average. This pattern has historically been followed by significant price increases for the cryptocurrency. The last occasion this pattern emerged, Ethereum experienced an almost 90% rise in its value within two months. Currently trading above $2,500 and inching towards the $3,000 mark, this technical development has sparked speculation among traders and analysts about the possibility of another strong bullish phase for Ethereum.

ambcrypto.com
XRP 15:01, 21 May 2025

Whales Fuel XRP Momentum With 110M Token Buy—500% Rally Next?

In recent market activity, there has been significant accumulation of Ripple's XRP by large token holders known as "whales." These investors are purchasing substantial amounts of XRP – specifically, those with 10 million to 100 million tokens – have increased their collective holdings by 110 million XRP over a span of five days. This activity is drawing attention as it replicates behaviors observed during the price surge of 2024 when XRP prices experienced a considerable increase.

www.crypto-news-flash.com
Bitcoin Reserve 15:00, 21 May 2025

Texas Bitcoin Reserve Bill clears key legislative hurdle, awaits final vote

Texas is moving forward with revolutionary cryptocurrency legislation with its Senate Bill 21, which aims to create a state-run Bitcoin Reserve. The bill has received resounding bipartisan support, sailing through the Texas House of Representatives with a vote of 105-23 at its second reading. Waiting for one final House approval, the bill is on the cusp of being presented to Governor Greg Abbott for potential enactment.

ambcrypto.com
1. Open Interest (OI) 2. Long/Short Ratio 3. Relative Strength Index (RSI) 14:00, 21 May 2025

FARTCOIN: Is the memecoin set to hit $1.5 next? – If so, how?

Fartcoin, a memecoin, saw its value increase by 10.62% within a 24-hour period. The cryptocurrency had been experiencing a surge in demand as buyers became more active in the market, pushing its price from $1.18 to a high of $1.359. At the time of reporting, Fartcoin was trading at $1.34.

ambcrypto.com
Pectra upgrade 13:00, 21 May 2025

Ethereum: $3.8B flows in, yet ETH user adoption stalls – Why?

The Ethereum network has not seen a significant resurgence in user activity following the Pectra upgrade. While the upgrade aimed to attract new participants or re-engage past users, data indicates that the average number of new and resurrected addresses has dropped compared to year-to-date figures. However, the silver lining is that current users are showing more loyalty to the platform, as evidenced by an 8.5% decrease in the user churn rate.

ambcrypto.com
1. SUI 2. DeFi 3. Web3 12:03, 21 May 2025

SUI Gains Ground on XRP as Institutional Backing Soars in Web3 Space

SUI, the native token of the Layer-1 Sui blockchain, has become a hot topic among institutional investors and has seen over $21 million in inflows during May alone. This surge in interest has made it one of the highest-performing altcoins, ranking just behind Ethereum regarding institutional inflows. Its success has even overshadowed other established cryptocurrencies such as XRP, which has focused on payment and remittance solutions and received $8.6 million in similar inflows in the same period.

www.crypto-news-flash.com
1. XRP 2. Bull flag 3. Head-and-shoulders pattern 11:50, 21 May 2025

XRP Price Not Done Yet, Raoul Pal Suggests Another Move Up

XRP, a prominent digital asset, is at a critical juncture in its price development, with the potential for significant gains or falls in value. Technical analysts have identified key price levels that could dictate XRP's future trajectory. If XRP can successfully breach the $2.60 resistance level and maintain it, there is optimism that it could potentially double in value, reaching as high as $5.5. However, there is also concern among analysts that if XRP drops below the $2.30 support level, it could trigger a bearish head-and-shoulders pattern, leading to a significant price drop, with potential lows around $1.60.

www.crypto-news-flash.com
LIBRA 11:00, 21 May 2025

Argentine President Milei shuts down LIBRA probe: Why and what next?

In a recent and controversial turn of events, Argentine President Javier Milei took the unexpected step of disbanding the Investigative Task Force (UTI), which had been set up to look into the Libra memecoin's activities. This came after the Libra token, which had made a significant splash in Argentina's crypto market during its 2025 debut, experienced a dramatic rise and fall in value.

ambcrypto.com