EU’s MiCA regulations trigger Tether (USDT) withdrawal from major European crypto exchanges. Ripple’s MiCA-compliant RLUSD stablecoin is positioned to fill the void left by USDT in Europe. MiCA’s impact could boost XRP as RLUSD gains traction on the XRP Ledger and Ethereum. The European Union’s new MiCA regulations have sent shockwaves through the crypto ecosystem. These rules aim to bring stability to stablecoins, but the fallout has been swift and disruptive. Tether, the issuer of USDT, the most widely used stablecoin globally, has started withdrawing its flagship product from major European crypto exchanges. This strategic retreat by Tether, driven by what it evidently sees as challenging regulatory hurdles under MiCA, is creating a noticeable vacuum in the continent’s digital asset markets. Observers note that USDT liquidity has begun to tighten on these platforms, leaving traders and protocols scrambling for viable alternatives. In this turbulent environment, Ripple’s RLUSD stablecoin appears to be quietly gaining ground , set to reshape the competitive field. Hey Jake, How does Tether not being MiCA compliant and not being compliant with the Ge… The post XRP Price Set to Gain as Ripple’s RLUSD Taps Mica-Driven EU Market Gap appeared first on Coin Edition .
2025-05-22 19:45
After a strong breakout above $2,500, the Ethereum price today is trading near $2,667, sustaining bullish momentum despite signs of temporary consolidation. The recent rally has been fueled by a broader shift in sentiment and a clean break above the descending trendline seen on daily and 4-hour charts. With volatility increasing and several indicators signaling overbought conditions, traders are now asking: Why is the Ethereum price going up today, and can the rally extend toward the $2,745 resistance? Highlights Ethereum price breaks through key trendline, retesting $2,667 with rising momentum RSI and MACD flash signs of bullish continuation but with short-term overbought risk Price structure now targets $2,745–2,800 as next resistance, while $2,564 holds as key support What’s Happening With Ethereum’s Price? ETHUSD price dynamics (May 2025) Source: TradingView. The Ethereum price action over the last 72 hours has been decisive. ETH surged from a near-term base around $2,360 to reclaim the $2,600 psychological threshold, triggering a fresh wave of bullish conviction. This move confirms a breakout from the symmetrical triangle observed on the 4-… The post Ethereum ($ETH) Price Prediction for May 23: Bulls Eye $2,745 After Breakout Above $2,500 appeared first on Coin Edition .
2025-05-22 19:15
The Ripple lawsuit’s outcome could reshape global financial infrastructure, says SMQKE. A complete victory for Ripple could help financial institutions adopt blockchain technology. Ripple and the SEC seek another chance to reach a settlement in the ongoing case. SMQKE, a well-known crypto researcher, believes that the result of the Ripple lawsuit may launch a new stage in global financial infrastructure. American lawyer James C. Spindler made this claim in his legal report titled “SHAQ, RIPPLE AND THE FUTURE OF CRYPTO REGULATION.” The report was prepared and released by William & Mary Law School. SMQKE stated that if Ripple won, it would give banks and asset managers a clear path to use blockchain for main financial activities. The findings reveal that Judge Analisa Torres found that a portion of Ripple’s XRP sales was not in violation of securities laws. Legal experts claim that Ripple’s initial XRP release was the same as selling shares in an unwritten corporate value. Ripple’s Win Could Redefine Financial Systems If Ripple prevailed, SMQKE expected that financial institutions could use Ripple’s results to plot the future of their core functio… The post Ripple vs SEC: How the Outcome Could Reshape Financial Infrastructure Forever appeared first on Coin Edition .
2025-05-22 19:00
Volatility Shares launches first 1x XRP futures ETF on May 22, boosting market interest. Over 60 million XRP sold by whales in 72 hours, signaling major portfolio moves. CME recently introduced XRP and Micro XRP futures, boosting institutional access to XRP. Volatility Shares is preparing to launch the industry’s first XRP futures ETF on May 22. Trading under the ticker XRPI, the product will mainly invest in XRP futures contracts. This is a significant moment for XRP, since it allows investors to access XRP through regulated investments rather than holding the token directly. The launch occurred after XRP futures were introduced on the Chicago Mercantile Exchange (CME). The launch of XRP derivatives on CME reflected the rising need among institutions for regulated XRP products. Bloomberg analyst Eric Balchunas has pointed out that the Volatility Shares ETF is the first of its kind in the crypto market, unlike the current 2x leveraged XRP ETFs. He foresees that the new fund will attract investors and thus encourage more adoption of XRP futures. VolatilityShares is launching the first-ever XRP futures ETF tomorrow, ticker $XRPI .. yes there is a 2x X… The post XRP Futures ETF Debuts as Whales Sell 60M Tokens — What’s Next for XRP? appeared first on Coin Edition .
2025-05-22 18:40
$160M of $220M+ stolen SUI funds from Cetus DEX hack are frozen, set for return. Initial Cetus hack drained its liquidity pool, causing a ~40% CETUS token price drop before this recovery. CPO confirmed the SUI fund recovery; HIPPO project had offered Cetus support post-attack. In a significant and rapidly developing situation, $160 million of over $220 million in stolen SUI-related funds have reportedly been frozen and are slated to be returned to Cetus pools. This major breakthrough, announced by a Chief Product Officer (CPO) familiar with the matter, comes swiftly after a hacker attacked CETUS, a top SUI ecosystem decentralized exchange (DEX), draining its liquidity pool and causing the CETUS token’s price to initially nosedive. The initial attack saw the hacker withdraw the CETUS liquidity pool (LP), leading to an immediate and sharp 40% plunge in the crypto asset’s value. According to data from TradingView, CETUS, which surged about 16% on Thursday morning by rallying from a $0.21928 opening price to a $0.24563 daily high, quickly reversed course. Following the attack, the cryptocurrency was trading around $0.17174, with full details of the hack s… The post SUI/Cetus Hack Update: $160 Million Of Over $220 Million Stolen Crypto Is Now Frozen appeared first on Coin Edition .
2025-05-22 18:30
Bitcoin hits $111K, breaking weeks of sideways price action. Analyst sees BTC reaching $300K–$315K by early 2026. Institutions, not retail, are leading this current bull cycle. Bitcoin (BTC) shattered its previous records, reaching a new all-time high (ATH) of $111,861.22 earlier today. This decisive move saw the world’s largest cryptocurrency break free after being stuck for weeks in a tight trading range between $104,000 and $107,800, igniting a fresh wave of bullish momentum. As the market digests this new peak, former tech CEO Mike Alfred has shared some bold predictions for where Bitcoin might be heading next, suggesting this rally has significant legs, largely thanks to a different breed of investor this time around. Mike Alfred’s Bullish Case: Bitcoin on Track for $200K-$315K In a recent interview , Mike Alfred laid out his ambitious targets for Bitcoin. “ We’re on track for $200,000 to $315,000 soon, ” Alfred said, reminding everyone that he’s been publicly targeting those numbers since Bitcoin was trading between $16,000 and $20,000 during the last market bottom. According to the expert, unlike previous crypto cycles, which were hea… The post Bitcoin Breaks Out of Range, Analysts Target $315K Peak appeared first on Coin Edition .
2025-05-22 17:30
ICP jumps 6.7% as it enables secure cross-chain transfer without risky third-party bridges. Wrapped BTC, ETH, USDT, and USDC on ICP are backed 1:1 using Chain-Key cryptography. ICP offers secure, fast, cheap transactions for DeFi and gaming, avoiding $2B+ in bridge hacks. Internet Computer Protocol (ICP) has gained 6.7% in the past 24 hours as attention turns toward its approach to cross-chain asset bridging. The blockchain offers wrapped versions of major cryptocurrencies without relying on vulnerable third-party bridge protocols. According to data analytics firm Santiment, ICP supports wrapped versions of Bitcoin (ckBTC), Ethereum (ckETH), Tether (ckUSDT), and USD Coin (ckUSDC). These “ck” tokens maintain 1:1 backing with their original counterparts while operating natively within the ICP ecosystem. The price performance shows steady growth across multiple timeframes, with ICP up 19.2% over the past month. Did You Know: Internet Computer (ICP) supports wrapped, on-chain versions of major crypto assets like Bitcoin (ckBTC), Ethereum (ckETH), Tether (ckUSDT), and USD Coin (ckUSDC). These "ck" tokens are 1:1 representations of their original counterparts,… The post Internet Computer Implements Native Cross-Chain Bridging Without Third-Party Risks appeared first on Coin Edition .
2025-05-22 16:45
Hyperliquid (HYPE) price rallied over 17% in two days before facing resistance at $31.91. Momentum indicators such as RSI and MACD suggest cooling off after short-term overbought signals. A sustained move above $31 could open doors to $33.80, while key support sits near $28.50. After a spectacular rally earlier this week, the Hyperliquid (HYPE) price today is trading near $30.95, marginally down from its recent high of $31.91. The sharp breakout from the $27–$28 accumulation range has drawn attention to the token’s short-term trajectory, particularly as technical indicators begin flashing early signs of exhaustion. Despite this mild pullback, the broader structure remains tilted in favor of the bulls, with key support levels aligning at recent breakout zones. Investors are now watching whether the rally has more steam or if profit-taking will trigger a sharper retracement. What’s Happening With Hyperliquid (HYPE)’s Price? HYPEUSD price dynamics (Source: TradingView) The current Hyperliquid (HYPE) price action reflects a strong breakout from consolidation supported by surging demand. On the 4-hour chart, HYPE exploded above its Bollinger Band m… The post Hyperliquid (HYPE) Price Prediction for May 23: Bulls Aim to Sustain Momentum Above $30 appeared first on Coin Edition .
2025-05-22 16:39
Bitcoin (BTC) hits new ATH over $111K, pushing total crypto market cap to $3.51 trillion amid “Greed”. Total3 altcoin chart shows bullish MACD and RSI, eyeing breakout above $930B towards $1T target. Arthur Hayes and falling Bitcoin dominance suggest an altcoin season is imminent as BTC surges. As Bitcoin soars to a fresh all-time high of $111,861.22, the cryptocurrency market as a whole surged to a $3.51 trillion valuation–a 3.95% jump in the past 24 hours fueled by a mix of macro catalysts and a healthy dose of retail exuberance. With the closely watched Fear & Greed Index at 73 (“Greed”) and trading volumes skyrocketing over 53.66% to $191 billion, the spotlight now turns to altcoins. Total3 Chart Analysis: Altcoin Market Readies for Breakout The Total3 chart (total crypto market cap excluding BTC and ETH) is showing compelling bullish signals. The current market cap is at $916.89 billion and the MACD indicator shows a bullish crossover with strong histogram expansion–a classic signal of upward momentum. Meanwhile, the RSI is hovering above 63, indicating strength but not yet overbought, suggesting more room for a rally. Source: TradingVi… The post Altcoins Eye Key Breakout: Total3 Chart’s MACD, RSI Signal Upward Push appeared first on Coin Edition .
2025-05-22 16:00
Bitcoin Breaks Out of Range, Analysts Target $315K Peak