News & Insights

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

ZBCN crypto rallies 395% in May – Will the rally sustain after UK growth?

The Zebec Network, a multi-chain DeFi protocol that focuses on payments and stablecoin-based payrolls, has made significant strides in the cryptocurrency market, exemplified by the remarkable growth of its native token, ZBCN. The growth became particularly pronounced in the second quarter when the token's value soared by tenfold. A significant development contributing to this growth occurred on May 29th when Zebec acquired Science Card, which enabled it to offer prepaid cards to students in the UK. This move proved especially lucrative as it was followed by a 14% increase in the token's value, contributing to a 395% surge over the last 30 trading days and an over 900% rise since April.

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PENGU’s meltdown – THIS is how the memecoin can stop falling

Pudgy Penguins (PENGU) has experienced a significant drop in its value, with a 12.59% decrease over the past 24 hours, mirroring a broader downturn in the memecoin market. Despite the fall, the cryptocurrency appears to be nearing a critical support level which might offer a chance for recovery.

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Ethena bulls eye $0.40 breakout – But ENA needs more to fly

Ethena's [ENA] cryptocurrency exhibited a bullish pennant pattern against the resistance mark of $0.38, suggesting a potential price breakout could be imminent. Despite this, the cryptocurrency faced a sudden setback with a drop to $0.3525, raising concerns for short-term expectations of a bullish trend. The coin held above the critical support levels, yet momentum seemed to be waning, signaling the need for a strong market stimulus to propel its value beyond the $0.40 benchmark.

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ETF 14:00, 30 May 2025

SEC clarifies proof-of-stake isn’t ‘security’ – Road clear for spot ETH ETF staking? 

The U.S. Securities and Exchange Commission's Division of Corporation Finance has made a significant clarification by stating that some staking activities in the cryptocurrency industry are not classified as security transactions. This clarification removes a major legal barrier for the offering of staking services by firms in the United States. It has been well-received by stakeholders in the cryptocurrency sector, including Commissioner Hester Pierce, who sees it as a positive step towards legal clarity.

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Ethereum 13:00, 30 May 2025

Why Ethereum’s 45.98% Q2 returns might just be the start of what’s next

Ethereum has recently shown a significant performance against Bitcoin, leading to a notable decoupling between the two leading cryptocurrencies. On May 29th, Ethereum experienced a 1.87% intraday increase, culminating in a new three-month high of $2,791, while Bitcoin faced a 2.01% dip. This unusual separate movement has sparked discussions in the cryptocurrency community about Ethereum's potential to become a "hedge" play and whether this event may signal the beginning of a larger rally for Ethereum.

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CryptoCity 12:00, 30 May 2025

Can Kazakhstan become Eurasia’s crypto hub? ‘We are planning to…’

Kazakhstan is carving a path into the digital financial landscape with its latest endeavor, CryptoCity—an innovative pilot zone designed to integrate cryptocurrency payments within a regulated environment. As declared by President Kassym-Jomart Tokayev at the Astana International Forum 2025, the initiative signals Kazakhstan's ambition to be at the forefront of blockchain development and the transformation of the digital economy. President Tokayev envisions CryptoCity as a leading model for cryptocurrency use in day-to-day transactions, including purchasing goods and services.

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XRP Surges as Chinese AI Firm Announces $300 Million Investment

Chinese AI firm Webus International is looking to make a significant move into the cryptocurrency market with a $300 million investment focused on establishing an XRP reserve to facilitate cross-border payments. The company's CEO, Nan Zheng, believes that this strategic investment will support their ambitions in blockchain development and transform how the firm manages domestic and international operations. By choosing XRP, Webus aims to improve the efficiency of cross-border transactions for its partners and customers worldwide.

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Ethereum 11:00, 30 May 2025

Ethereum: 3 glaring signals for bulls inside ETH’s liquidation wall

As Ethereum (ETH) hovers within a constricted price range, on-chain data from Binance indicates a potential increase in sell-side pressure for the cryptocurrency. ETH has been oscillating between $2,400 and $2,700, but recent spikes in Binance Exchange Reserves resemble those that have preceded prior sell-offs, suggesting a rise in tokens being transferred to exchanges—a common precursor to increased selling.

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2 reasons why Bitcoin’s rally might be on borrowed time!

The Bitcoin market is currently experiencing significant volatility amid a broader risk-off shift in the global economic landscape. With Bitcoin failing to maintain momentum after reaching its all-time high, analysts attribute the cryptocurrency’s performance to the unpredictable nature of macroeconomic factors, including the escalation of tariff disputes into a full-fledged courtroom saga. This uncertainty has seen a general movement away from higher-risk assets, with the U.S. 10-year treasury yield dropping by 4.75% as investors favour the relative safety of bonds.

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SEC dismisses Binance lawsuit – How did BNB react? 

The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss a lawsuit against the cryptocurrency exchange Binance that has been ongoing for two years. Both parties have sought a full dismissal 'with prejudice,' which indicates that the case around the alleged conduct specified in the Amended Complaint cannot be reopened in the future. This decision represents a significant regulatory relief for Binance.

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Ethereum eyes $3.4K next – But who’s really buying ETH?

Ethereum (ETH) is exhibiting signs that it may soon break free from its recent consolidation pattern, raising expectations for a potential surge towards the $3,000 mark. A mixed set of indicators is emerging, as the balance between speculative leveraged trading and genuine organic demand appears to be shifting. Data reveals that while spot volume—a marker of actual cryptographic assets changing hands—has been declining, futures volume, where traders often employ leverage, is showing a marked increase.

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Bitcoin Dominance (BTC.D) 07:30, 30 May 2025

Bitcoin’s 30% sprint starves altcoins – HODL BTC or rotate capital?

Bitcoin has emerged as the clear leader in the cryptocurrency market, reflected by the rising Bitcoin Dominance (BTC.D) and a stagnant altcoin market capitalization. The trend has been particularly prominent since April 2025, as Bitcoin has made notable gains.

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Bitcoin 07:00, 30 May 2025

Japan’s Metaplanet raises capital via bonds as it targets 10,000 BTC in 2025

The Japanese investment company Metaplanet has initiated an aggressive strategy to expand its Bitcoin portfolio by issuing zero-interest bonds valued at $21 million to the EVO FUND, an investment entity based in the Cayman Islands. This action aligns with the company's objective to be among the greatest corporate accumulators of Bitcoin on a global scale. The bond issuance reflects a short-term, interest-free borrowing with repayment scheduled by November 28th, thus allowing the company to raise funds without incurring additional interest expenses.

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Bollinger Bands 06:30, 30 May 2025

Cardano price prediction – Can bulls overcome its bearish market structure?

Cardano (ADA), a popular cryptocurrency, has been experiencing fluctuating trading patterns, with shifts in momentum and structure on its daily chart. Since December, ADA has been trading within a specific range, and notably, in recent weeks, a smaller range has formed near the longer-term range lows. While there was evidence of buying pressure, the momentum to push ADA in a definitive direction was lacking.

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Sonic falls by 18% in 6 days – Why this could be the right time to buy!

Sonic, a cryptocurrency represented by the ticker S, has been on the radar of many traders due to its consistent performance since April. As it stands, the altcoin has made multiple attempts to breach a resistance level at $0.34, a feat it has yet to accomplish with its third rejection occurring in May. Despite this, Sonic remains locked within a well-defined trading range that has been established since February.

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Examining if AVAX’s bullish momentum will be enough for next price rally

Avalanche (AVAX), a popular cryptocurrency, has been trading below a significant resistance level at $25. The digital asset had recently reclaimed a price point of $22.58, with current price consolidation indicative of an upcoming surge in volatility. The price sat at $23.35, marking a minor daily decline. A breakout above the resistance could propel AVAX towards $30, while a rejection might result in a pullback to around $22.50.

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VivoPower Fuels XRP Momentum with $121 Million Crypto Treasury Initiative

VivoPower International has taken a significant step in the digital asset space by raising $121 million through a private share placement to launch an XRP treasury strategy. XRP is recognized for its role in facilitating cross-border payments, and now VivoPower aims to use the raised capital to contribute to the XRPL DeFi ecosystem, reduce its debt, and for other general corporate purposes. This bold initiative follows the trend set by MicroStrategy in 2020, which adopted Bitcoin as its primary treasury reserve asset—a move that has seen a recent 13.21% increase in corporate Bitcoin holdings over the past month.

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Bitcoin 05:00, 30 May 2025

Vice President J.D Vance backs Bitcoin, expects U.S crypto users to hit 100M

Vice President J.D. Vance delivered a keynote address at the Bitcoin Conference in Las Vegas, where he expressed strong support for Bitcoin (BTC) and the broader field of cryptocurrencies. Vance praised these digital assets as innovative tools that are not only enhancing financial inclusion but are also serving as a significant hedge against various systemic risks.

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Algorand 04:00, 30 May 2025

Algorand [ALGO] eyes $0.31 – But THIS says ‘not so fast’

Algorand [ALGO], the cryptocurrency network known for its speed and efficiency, recently reached a significant milestone by processing over one million transactions within a 24-hour period. This substantial spike in network activity was accompanied by a nearly 30% increase in active addresses, which points to a growing interest and use of the Algorand platform. At the same time, these active addresses climbed to 108,000, signaling robust engagement from the community.

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Bitcoin 03:00, 30 May 2025

Bitcoin reclaims $110K – Now THIS will make or break BTC’s new rally

Bitcoin [BTC] recently reached a new all-time high, marking the third occasion within this cycle where its value touched $110K. This substantial price increase has initiated what is known as a price discovery phase, which typically precedes a sell-off period where investors capitalize on the achieved peaks to realize profits. On-chain metrics suggest this pattern is starting to emerge, indicating that some long-term holders (LTHs) are beginning to distribute their coins.

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ETF inflows 02:00, 30 May 2025

Ethereum ETF inflows hit $71M – Could $2,900 be ETH’s next target?

Ethereum [ETH] has experienced a significant influx of capital, particularly in the form of ETF inflows, bridged net flows, and growth in the stablecoin sector, marking a resurgence of interest and investment into the cryptocurrency. Having struggled with capital outflows and a loss of narrative in prior months, ETH is now witnessing a shift as institutional and investor confidence seems to be returning to the network, driven partly by a broader change in the market dynamics.

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Bitcoin’s market mood shifts – Is BTC heading for a breakout or fakeout?

Bitcoin's Combined Market Index (BCMI) has exhibited a considerable rebound, with the 7-day Simple Moving Average (SMA) climbing to approximately 0.6. This growth can be interpreted as an early indication that market sentiment may be transitioning towards a mildly optimistic outlook. The rebound is attributed to a reduction in profit-taking and an improvement in core on-chain metrics, indicating a more favorable environment for the cryptocurrency. Nonetheless, a more conservative perspective is evident in the steady 90-day SMA, which remains around 0.45, suggesting that the market is still neutral and not overheated.

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Bitcoin 00:00, 30 May 2025

Trump’s sons predict Bitcoin will hit $170K – Credits Michael Saylor for the push

At the recent Bitcoin conference in Las Vegas, Donald Trump Jr. and Eric Trump, known as the Trump brothers, made headlines with their bold predictions for Bitcoin's future. Donald Trump Jr. projected that by 2026, Bitcoin's value could skyrocket to a range of $150,000–$175,000. Eric Trump went even further, jovially suggesting that Bitcoin could "go to the moon" as soon as the following year. These statements come at a time when daily investments into Bitcoin are soaring, with billions of dollars being poured into the cryptocurrency. Eric Trump, in particular, illustrated this point by suggesting that even a small fraction like 0.1 BTC could amass great worth in the future.

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HYPE’s fate tied to Bitcoin? What whale positions on Hyperliquid say

The cryptocurrency Hyperliquid [HYPE] experienced a slight pullback, decreasing by 2.77% to trade at a value of $33, but indicators suggest that the dip may be short-lived. The altcoin has been showing a close correlation with Bitcoin as both have experienced simultaneous highs and lows recently. This relationship is possibly due to Bitcoin whales using the Hyperliquid platform to execute long trades on HYPE. A recent large Bitcoin long position by a whale worth $250 million has highlighted the potential for liquidity to drive HYPE upwards.

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FTX’s $5B distribution meets a market hungry for volume: What to watch for

FTX, the cryptocurrency exchange that faced a major collapse in November 2022, is now ready to make a significant move in its ongoing bankruptcy proceedings by distributing over $5 billion in stablecoins to its creditors, starting from the 30th of May. This sizable restitution is considered one of the most substantial payouts in the history of the cryptocurrency market and marks an important stage in FTX's journey since the fallout around a year and a half prior. During the post-collapse period, the company has been the subject of legal examination and has conducted asset recovery operations to rebuild a considerable pool of fiat and cryptocurrencies.

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