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Hyperliquid whale bags $2.8mln profit – Can HYPE still reclaim $45?
Hyperliquid whale offloaded 213,419 HYPE for $8.93 million taking $2.8 million in profit.

AMB Crypto 2026-05-17 15:00
Xphere surges 79% as bulls take over – Can XP break its ATH?
Understanding what led to Xphere's triple-digit weekly rally.

AMB Crypto 2026-05-17 14:00
Chainlink News: Kraken Just Ditched LayerZero for Chainlink CCIP, And LINK Holders Are the Big Winners
In the latest Chainlink news, Kraken has officially replaced LayerZero with Chainlink CCIP as the exclusive cross-chain infrastructure layer for its wrapped asset suite, including kBTC, with coverage spanning Ethereum, Ink, Unichain, and Optimism, and additional networks expected in later phases. The exchange cited defense-in-depth security architecture, independent node operators, built-in rate limits, and formal certifications-ISO 27001 and SOC 2 Type 2-as the operational basis for the switch. The migration follows a $292 million LayerZero exploit that accelerated industry reassessment of first-generation bridge infrastructure. Bullish signal for LINK holders. Kraken is deprecating its existing cross-chain provider and migrating to @Chainlink CCIP as its exclusive cross-chain infra to secure Kraken Wrapped Bitcoin (kBTC) & all future Kraken Wrapped Assets. Kraken chose Chainlink CCIP because it offers enterprise-grade infrastructure… — Kraken (@krakenfx) May 14, 2026 This is not an isolated preference. Kelp, Solv, and Re-protocols collectively representing more than $2.5 billion in total value locked-have announced parallel transitions toward Chainlink CCIP infrastructure. Coinbase made CCIP the exclusive bridge for approximately $7 billion in wrapped assets including cbETH in 2025, citing the same security consolidation rationale. Kraken’s move extends that pattern into crypto-native exchange infrastructure, where wrapped asset failures carry direct reputational and custodial risk for a regulated venue. Chainlink (LINK) 24h 7d 30d 1y All time Discover: The best crypto to diversify your portfolio with Chainlink News: How Kraken’s CCIP Migration Actually Works-and Why the Security Argument Is the Real Story The mechanism here is worth understanding in detail, because the LayerZero-to-CCIP switch is not just a vendor swap; it reflects a fundamentally different trust architecture. LayerZero routes cross-chain messages through configurable relayers and/or oracles chosen by the application developer, which maximizes flexibility but concentrates trust assumptions in operator selections that vary by deployment. CCIP operates through Chainlink’s decentralized oracle network, backed by a separate Risk Management Network-an independent cluster of nodes that monitors for anomalous activity in real time and can halt transfers before losses propagate. NEW: Leading crypto exchange @krakenfx is deprecating its legacy cross-chain provider and migrates to Chainlink CCIP. Starting with kBTC, all current and future Kraken Wrapped Assets will use CCIP for secure distribution across blockchains and global markets. https://t.co/0h0CnnMQSu pic.twitter.com/8Mr3UKoiwm — Chainlink (@chainlink) May 14, 2026 Wrapped assets like kBTC work by locking Bitcoin collateral and minting a synthetic token that moves across smart-contract-enabled chains, allowing Bitcoin liquidity to circulate through DeFi lending, trading, and yield applications. The security of that collateral-to-synthetic link is foundational -a bridge failure does not just freeze transfers, it can drain the locked collateral entirely, as the April 2026 Kelp incident demonstrated when 116,500 rsETH was drained from a LayerZero-powered bridge. CCIP’s rate-limit architecture and audit trail are specifically designed to contain that failure mode. Chainlink oracles already secure roughly 70% of the DeFi oracle market and more than 80% on Ethereum, with CCIP integrated into blue-chip protocols including Aave and Lido. That existing footprint materially reduces integration friction for exchanges like Kraken and gives CCIP a network effect advantage that pure messaging competitors cannot replicate quickly. Johann Eid, Chief Business Officer at Chainlink Labs, framed the institutional logic directly : “Kraken’s migration reflects growing institutional demand for cross-chain systems capable of meeting enterprise-level security requirements.” Discover: The best pre-launch token sales The post Chainlink News: Kraken Just Ditched LayerZero for Chainlink CCIP, And LINK Holders Are the Big Winners appeared first on Cryptonews .

cryptonews 2026-05-17 13:51
XRP Will Go ‘Higher, Much Higher,’ Analyst Says, Betting On Explosive Breakout
Tokenized US Treasury bonds sitting on the XRP Ledger have grown from $50 million to $418 million in roughly a year — an eightfold jump that is drawing fresh attention to Ripple’s blockchain network and renewing speculation about where XRP’s price could go next. Related Reading: Warren Zeroes In On Crypto Deal Structure As $75M Loan Draws Attention Institutions Behind The Surge Platforms including OpenEden, Ondo Finance, and Zeconomy are behind the Treasury tokenization push on XRPL. Their activity signals that established financial players are testing the network as a way to move traditional assets onto a blockchain rail. According to data tracking platform RWA.xyz, the XRP Ledger climbed more than 60% over the past 30 days in its RWA rankings, putting it within striking distance of BNB Chain. Total tokenized real-world asset value on XRPL has crossed $3.6 billion in just five months, based on data cited by community commentator X Finance Bull in a post on X. Why are people still hating on ripple:native when XRPL is up 63% in the last 30 days on the RWA League Table?👇 In just 5 months, the XRP Ledger absorbed over $3.5B in RWA value. IN JUST 5 MONTHS! Imagine what the next few months could look like. XRPL is getting closer to… https://t.co/HOXX33FRP9 pic.twitter.com/YFedTY1a6V — X Finance Bull (@Xfinancebull) May 15, 2026 Real-world assets, for those unfamiliar, are traditional financial products — bonds, funds, real estate, commodities — represented as tokens on a blockchain. Supporters of the technology say moving these assets on-chain makes them easier to trade, settle, and distribute. Ripple and the XRPL Foundation have been actively courting institutions to bring that kind of activity to their network. X Finance Bull, who describes himself as an XRP community educator, pointed to the growth figures as evidence that the broader market is still underpricing the token. He argued that trillions of dollars in assets could eventually be tokenized on XRPL — a scenario that, in his view, would push XRP’s price well above current levels toward $10. “XRP will melt faces,” he wrote. The altcoin, he added, will go “much higher.” A Market Still Far Ahead The overall tokenized asset market is already valued at over $350 billion globally. XRPL’s $3.6 billion share puts it at roughly one percent of that total, leaving significant room — at least on paper — for further growth if adoption continues. Related Reading: Is Zcash The Next Bitcoin? Investors Rush Into The Privacy Coin Narrative Rising issuance and transfer activity on the network suggest institutions are not just exploring the idea but are actively using it, according to data firm Evernorth. To make the case that skeptics will eventually be proven wrong, X Finance Bull drew a comparison to Bitcoin’s early days. Critics once insisted BTC would never clear $100. It went on to reach a record close to $126,000 in October 2025. The analyst used that history to frame current doubts about XRP as a repeat of the same kind of early dismissal. Featured image from Unsplash, chart from TradingView

NewsBTC 2026-05-17 13:00
Assessing Flare’s [FLR] rebound odds after XRP-linked upgrade
Flare prices have dropped just over 8% - how much deeper will the correction go?

AMB Crypto 2026-05-17 10:00
‘Concerns are unfounded’ – Hyperliquid rejects Wall Street’s manipulation fears
HYPE's massive weekly gains were erased by the regulatory FUD.

AMB Crypto 2026-05-17 09:30
Pi Network price prediction: headwinds rise as it loses key support
Pi Network price dropped for three consecutive days, reaching its lowest level since February 26. It has now plunged by nearly 50% from its highest point in March this year, and this trend may continue in the near future. Pi Network price technicals point to more downside The daily chart shows that the value of Pi soared to a high of $0.2975 in March as investors cheered the Kraken listing and the Pi Day event. These gains were short-lived as the coin started its strong downward trend as investors sold the news. Data shows that Kraken has not led to a major surge in its US demand as analysts were expecting. Its volume in the last 24 hours stood at $57k, much lower than the 24-hour volume of $17 million. Technicals suggest that the Pi Network price may continue falling in the near term. It has dropped below the important support level at $0.1637, its lowest point in April this year. The coin has moved below all moving averages, a sign that bears remain in control. At the same time, the Relative Strength Index (RSI) has continued falling and is now nearing the oversold level of 30. The Average Directional Index (ADX) has tilted upwards to 16, a sign that the sell-off is gaining momentum. Therefore, the most likely scenario is where the Pi Network price continues falling, potentially to the key support level at $0.1300, its lowest level this year. Such a move would be a 18% decline below the current level. Pi Network price chart | Source: TradingView Pi Network is making some solid progress Fundamentals suggest that Pi Network is making some important progress this year. One of the main updates came out late last week when the team launched a major update to the App Studio. The developers noted that it will now be possible for vibe coders to take advantage of its large community of users. In this, they will build their applications and convert them to be Pi App Studio compatible. As a result, these developers will tap into a community of over 60 million people who will engage with the apps. In theory, this should be a good thing for Pi and its ecosystem. However, it is unclear whether the Pi community has over 60 million users. Recent data showed that less than 20 million people have migrated to the mainnet and many of these have likely exited the ecosystem as the token plunged. https://twitter.com/PiCoreTeam/status/2055029463608426594 Pi Network has also made its upgrade to v23, a move that has introduced smart contracts to the platform. It will now become possible for developers to build their decentralized applications (dAPPS) in key areas like decentralized finance (DeFi) and real-world asset (RWA) tokenization. The challenge, however, is that the industry has become highly competitive, with Ethereum, Solana, and BNB having the biggest market share. Many chains that attempted to become big names in the smart contract industry have failed. This includes popular chains like IOTA and Cardano. There are also concerns that demand for Pi has slumped in the past few months. Data shows that its 24-hour volume stood at about $14 million, a tiny amount for a coin with a market capitalization of over $1.7 billion. The post Pi Network price prediction: headwinds rise as it loses key support appeared first on Invezz

Invezz 2026-05-17 09:16
Will The Passage Of The CLARITY Act Be Good For XRP Price? Why $50 Could Be The Minimum
The CLARITY Act could become one of the most important factors that influences XRP’s price action in 2026. A new outlook shared by an XRP community member on X argues that the bill’s passage may do more than trigger a short-term bounce. The calculation suggests that if XRP becomes part of regulated settlement and liquidity flows, even a thin adoption scenario could place its minimum price at $50, with deeper integration pushing the model into price targets as high as $1,400. Why $50 Could Be The Minimum Price For XRP The expected passage of the CLARITY Act has now been worked into several interesting price cases for XRP. The entire price framework is built on the quantity theory of money expressed as MV=PQ, a model that, in this context, links the required market value of XRP to the volume of transactions it must process, the velocity at which tokens turn over, and the circulating supply available to handle those flows. The first case assumes XRP starts to handle a small share of cross-border cash legs when the CLARITY Act is passed. The model assumes $15 trillion in annual volume, 6 billion XRP as the productive monetary base, and a a velocity of 50 times. That gives a price of at least $50. The same framework also applies a square-root liquidity depth model for $100 million transaction tickets, producing a floor range around $40 to $80 for XRP. The second scenario puts the XRP price around $280. It assumes XRP bridges repo cash legs and collateral AppChain margin, with $100 trillion in annual flow, 6 billion XRP as the monetary base, and a velocity between 50 and 60 times. This gives an MV=PQ estimate around $303, while the liquidity depth model places the floor between $125 and $170. The “Structural Base Case” raises the estimate to about $415 by adding supply compression. In this case, derivatives margin locks up 20% of the productive float, reducing available XRP from 6 billion to about 4.8 billion. The same $100 trillion in flow is then spread across fewer available tokens, pushing the required price higher. The “Full Integration” scenario gives the widest range, from $700 to $1,400. It assumes XRP is used across all five settlement positions, including DVP and securities financing transactions. Under this scenario, the annual flow rises above $200 trillion and the available XRP falls to about 4.2 billion. The CLARITY Act Is Closer Than It Has Ever Been The Clarity Act’s progress has taken longer than many stakeholders had originally expected. The CLARITY Act formally passed the House of Representatives on July 17, 2025, but the Senate version has proved more complex. However, the timeline of passage is now within reach. The CLARITY Act has now cleared the Senate Banking Committee, and the next step is a possible summer vote on the Senate floor. The White House is targeting July 4 as a target date for passage, and crypto investors are watching to see how the bill’s final approval could affect crypto prices, especially XRP , once it is signed into law. Featured image from Unsplash, chart from TradingView

Bitcoinist 2026-05-17 08:00
Hyperliquid whale takes $7 mln bet despite 10% drop: Can HYPE hold at $40?
A Hyperliquid whale opened a 180,000 HYPE long position with 10x leverage, valued at $7.78 million.

AMB Crypto 2026-05-17 06:00
What Solana’s 108% Growth Means For Its Price Outlook
The latest shareholder letter from DeFi Development Corp., a Nasdaq-listed Solana treasury company, shows that its fully converted SOL per share has grown 108% over the past year, rising from 0.0322 on May 13, 2025, to 0.0670 on May 13, 2026. The growth is notable because it came during a difficult period for Solana’s price action, particularly in the first quarter of 2026, where the SOL price has been struggling with bearish momentum. Related Reading: XRP Records Biggest Spike In Network Usage In 2 Months Solana Treasury Growth Shows A New Source Of Demand According to a May shareholder letter from DeFi Development Corp., a Solana treasury company, the company has more than doubled its fully converted SOL per share into 108%. The 108% growth highlighted by DeFi Development Corp. is based on SOL per share, a metric the company uses to measure how much Solana backs each fully converted share. The company reported 2,294,576 SOL and SOL equivalents as of May 13, 2026, with approximately 34.2 million fully converted shares outstanding. Interestingly, its fully converted SPS rose 1% from March 30 to May 13 and 108% from the same date last year to 0.0670 as of May 13, 2026. DeFi Development Corp. is not simply buying SOL and waiting for price appreciation. The company said more than 25% of its treasury is deployed onchain, while its validator operations generate about 7.5% yield compared to roughly 3.9% from staking SOL through Coinbase. The shareholder letter also estimated that this spread represents about $7.6 million in annualized incremental yield on its current treasury. What This 108% Growth Means For Solana Price This 108% growth in DeFi Development Corp.’s fully converted SOL per share shows that Solana is beginning to attract the same kind of corporate treasury conviction similar to Bitcoin and Ethereum. Bitcoin has had companies such as Strategy, Metaplanet, and MARA Holdings building balance sheet strategies around BTC. Ethereum has also developed its own treasury category, with companies like BitMine Immersion Technologies. DeFi Development Corp.’s strategy is built around accumulating SOL, staking it, deploying part of it across Solana DeFi, and using capital markets only when it can increase SOL exposure per share. This means SOL is attracting a category of demand that is more structured than normal spot-market buying. Interestingly, DeFi Development Corp. is one of a few other companies that hold SOL as their primary corporate reserve asset. Other companies like Forward Industries, Inc. and Upexi Inc. also have millions of SOL tokens on their balance sheets. Related Reading: Is Zcash The Next Bitcoin? Investors Rush Into The Privacy Coin Narrative This has real price implications for Solana, as this creates a different kind of demand base. Treasury companies like those mentioned above are long-term holders. Retail demand can disappear quickly, but corporate treasury demand is more structured and usually tied to long-term conviction. Featured image from Bunq, chart from TradingView

NewsBTC 2026-05-17 05:00
Akash Network crashes 12% – Can AKT bulls defend the $0.595 support?
AKT dropped over 12% as outflows and liquidations intensified below critical resistance levels.

AMB Crypto 2026-05-17 04:00
If You’re Holding XRP, This Pundit Says You Should See This
A crypto analyst is criticizing XRP investors for only holding the cryptocurrency without making proper use of it. The analyst said that the market is now more focused on price action and chart trends than on utility, and on how the XRP Ledger (XRPL) as a blockchain can benefit them. He urges investors not to just sit idly waiting for a price surge but to actively engage in XRP’s use cases to make money. Related Reading: XRP Records Biggest Spike In Network Usage In 2 Months Market Analyst Questions XRP Investors’ Lack Of Action MrCauliman, a firm XRP advocate, has come out strongly against what he sees as a widespread problem within the XRP community. In an X post on May 14, he expressed deep frustration over the behavior of most XRP holders, noting that a large portion of the community is consumed by price predictions, influencer opinions, and emotional reactions to market movements. He said that investors keep asking how to use their XRP and how to make money with it, yet spend no real time studying the network or the builders working on it. MrCauliman believes that this mindset is holding many people back from earning a steady income from the XRP ecosystem. He urged the community to wake up and stop being emotionally impatient and complaining about slow price growth. Having built on rival networks such as Solana, MrCauliman now focuses heavily on the XRP Ledger because he believes it is unique. He noted that too many investors are buried in noise and fantasy math that comes with price forecasts and hopes of a life-changing rally. The developer also explained that anxiety around XRP comes from holding the asset without understanding it, and confidence comes from actively using it. He advised people to tune out the noise and study the builders creating real tools on the blockchain ledger. He believes that once investors start using the XRP Ledger for daily transactions, they will stop treating the asset like a lottery ticket and start viewing it as working capital. How XRP Can Benefit Holders Beyond Price Action To show what true utility and engagement look like, MrCauliman pointed to his own ecosystem and active projects running on the XRPL as proof that XRP can be put to work rather than simply held. But beyond his own work, he laid out several ways everyday investors can do the same. He urged holders to learn how the XRP Ledger actually works from the inside. This means getting familiar with its self-custody tools, using wallets like Xaman, trading on the blockchain’s built-in decentralized exchange, setting up trust lines, and exploring NFTs and automated market makers (AMM) on the ledger. He also suggested looking into tools like the Uphold card, which allows users to spend and earn XRP through everyday activities. Related Reading: Is Zcash The Next Bitcoin? Investors Rush Into The Privacy Coin Narrative MrCauliman’s core message is that XRP is already a legitimate, working financial tool for those willing to use it. He said that investors can spend it where it makes sense, and even earn it through available platforms. Instead of waiting idly for the price to jump, he urges holders to move with intention within the ecosystem while keeping control of their bags. He acknowledged that there are many opportunities for XRP holders, but many are just too focused on the price chart to notice. Featured image from Pexels, chart from TradingView

NewsBTC 2026-05-17 02:00

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