US pro-crypto president Donald Trump will host a gala dinner on Thursday, May 22, where he will host the top holders of his TRUMP meme token. This dinner comes as some Democrat legislators question Trump’s foray into the meme coin space. With the highly anticipated event being only two days away, three US-made altcoins are standing out due to their potential to explode. Crypto Price Prediction Ahead of May 22 Trump Dinner Trump’s May 22 dinner event coincides with a bullish week in the crypto market as Bitcoin eyes its $108,000 ATH. However, as analysts give their bullish predictions on BTC’s price, altcoins are struggling as capital rotates towards the largest crypto. However, the dinner event may draw attention towards key altcoins, albeit criticism towards the moves that Trump has made in regards to crypto since taking office on January 20. Anti-crypto Senator Cynthia Lummis, who recently opposed the GENIUS… Read More at Coingape.com
Coinbase announced Verified Pools, a new service intended to attract institutional users. These liquidity pools will offer clients a secure way to take advantage of high efficiency and native on-chain infrastructure.
Liquidity pools, in general, offer many of the same advantages, but they do not have sufficient security assurances for major institutions. The exchange hopes to provide security and confidence with proactive measures like KYC and sanctions screening.
Today, the exchange announced the introduction of Verified Pools, an institutional-grade service to enhance on-chain trades and swaps.
“Verified Pools is a curated selection of liquidity pools available only with the Coinbase Verifications credential. Verified Pools is the next step in Coinbase’s commitment to advancing the onchain ecosystem and generating the next wave of onchain adoption,” the firm claimed via social media.
Coinbase’s Verified Pools hope to solve an important issue for institutional investors in the crypto space.
Specifically, how can retail users or traditional institutions participate in DeFi despite significant barriers around compliance, counterparty risk, and operational complexity?
Sketchy exchanges and business practices are epidemic in the industry, and these institutions need real assurances.
Through Verified Pools, Coinbase addresses several of these concerns. It ensures that all participants of a liquidity pool are identity-verified using Coinbase’s verification system
The whole platform is powered by Base, Coinbase’s Ethereum-centric L2 blockchain solution. This means that the service is natively on-chain and can benefit from smooth transactions while ensuring security, transparency, and accountability.
Verified Pools offer a few other attractive features for Coinbase’s institutional clients. For example, the pools are non-custodial, allowing users to maintain control over their assets.
In the main, however, the exchange is trying to offer liquidity pools with all their advantages to institutional traders, which is uncommon. The main benefits are inherent to pools in general.
In short, Coinbase’s Verified Pools can offer liquidity, efficiency, and transparency while prioritizing user security and confidence. Moving forward, the exchange plans to expand asset coverage and trading pairs, integrate more DEX aggregators, offer the service in more countries, and more.
Recently, XRP has seen a strong rise. According to CoinDesk, the trading volume of $3 XRP call options has surged, showing that the market is confident that XRP will break through in the short term. Many technical analysts predict that XRP is expected to hit $3 in the short term, and even have a chance to challenge the $5 to $6.5 range by the end of the year.
What is even more exciting is that Ripple has recently officially obtained a national banking license approved by the Office of the Comptroller of the Currency (OCC) in the United States, and has successfully applied for access to the Federal Reserve’s master account. This means that XRP’s compliance path in the United States has become clearer, and mainstream financial institutions will greatly increase their trust in it.Brad Garlinghouse, CEO of Ripple, said:
“We are moving towards a more compliant and transparent banking system, which will greatly enhance the credibility of XRP in global mainstream finance.” Boosted by the news, XRP prices rose by more than 4% on the day, and market sentiment continued to be high.
FINDMINING：The preferred cloud computing platform for global retail investors
At a time when XRP is at an unprecedented height of popularity, the leading cloud mining platform FINDMINING announced a major update on July 9: the official launch of a “zero threshold” free cloud mining service! New users can receive a $15-$100 bonus upon registration, and can start mining with a minimum of $100. It supports flexible switching between multiple currencies such as BTC, DOGE, and XRP, with daily settlement and withdrawals at any time.
Ibrahim Aydin, CEO of FINDMINING, said at the launch:
“FINDMINING is committed to providing the most profitable, secure and transparent cloud computing contracts for global retail and institutional investors. The strong performance of XRP and Bitcoin has attracted a large number of new users, but the high hardware investment and operation and maintenance costs often discourage retail investors. FINDMINING breaks down barriers through the “zero threshold” model, allowing global retail investors to easily share market dividends, and using bank-level custody to ensure the safety of funds throughout the process.”
FINDMINING claims users can receive daily rewards based on selected contracts.
AI computing power scheduling system: intelligently optimizes mining strategies in real time based on market difficulty and currency price fluctuations
Multi-node global deployment: Distributed servers cover the world to ensure efficient and stable operation of mining
Green energy drive: Use clean energy to reduce operating costs and make users more profitable
Referral reward mechanism: Invite friends to enjoy up to 4.5% extra rebate, multiple benefits
Transparent and traceable income – all mining income and dividends can be viewed in real time, withdrawn at any time, and viewed on the dashboard at any time
XRP users around the world — mining easily without leaving home
Real user feedback also further verifies the popularity and reputation of FINDMINING: A user from California shared: “The $15 free bonus allowed me to get started at zero cost. I only invested $100 and was able to withdraw stable profits every day. It was much less troublesome than setting up a mining machine myself.” Another new user from Europe said: “I just switched to XRP mining when XRP skyrocketed. Now I can earn passive income every day through FINDMINING. The withdrawal is fast and the customer service is very professional.”
To encourage users to invite friends, FINDMINING also provides generous referral rewards – direct referrals can earn 3% commission, and indirect referrals can enjoy an additional 1.5% commission, further broadening the income channels.
FINDMINING positions itself as a mining platform for XRP-focused users during this growth phase.
As XRP bullish sentiment continues to heat up, the official approval of Ripple’s banking license and the Federal Reserve’s main account has brought a clear compliance and mainstream path to XRP, greatly enhancing market confidence. FINDMINING has taken advantage of the trend and has become the first choice for countless retail investors around the world to mine XRP and easily earn passive income with its “zero threshold” model and transparent operation.
Register for FINDMINING now to receive a $15 new mining reward, use the mobile app to mine anytime, anywhere, and seize the next wealth of XRP!
Disclaimer: This article is for informational purposes only and does not constitute investment advice. All claims are based on statements provided by the company.
Solana (SOL) price is at risk of losing the battle for dominance to Ethereum after the latter recorded a 380% surge in exchange netflows, suggesting that traders may be rotating capital from SOL to ETH. This capital rotation might have a negative impact on Solana and potentially trigger a massive crash.
Solana Price at Risk as Ethereum Inflows Surge 380%
Solana price is at the risk of trending downwards as on-chain data hints that retail traders may be shifting their attention from other altcoins to Ethereum, as the largest altcoin defends the support zone between $1,750 and $1800. This resilience has sparked a 380% surge in ETH exchange netflows in the last 30 days, per IntoTheBlock data, which is an indication that market interest is notably high.
Ethereum Netflows
Besides the surge in exchange netflows, large transaction volumes have also spiked by 133%, hinting that whales are also actively trading ETH as the sentiment around this altcoin changes to “mostly bullish.”
Data from Artemis also supports a bearish Solana price prediction and the thesis that the SOL price is losing its competitive edge over Ethereum after the latter ranked with the highest netflows in the last month. During the same period, Solana did not even rank among the top 20 coins in terms of network netflows.
30-Day Netflows
With the on-chain data favouring Ethereum, the Solana price may be on the verge of a massive crash and could soon lose its critical support level. Such a dip could shift the trend in the SOL/ETH ratio that has been on an uptrend for months after Ethereum underperformed against SOL.
What’s Next for SOL – Crash or Rally?
Despite the on-chain data favouring Ethereum and hinting that the price of Solana may crash soon, analysts have shared different views on the future performance. One analyst on X noted that if SOL fails to sustain the support zone between $140 and $145, it may fall to around $115, at which point holders will register losses. Meanwhile, popular analyst Ali Charts stated that the squeezing Bollinger bands on the four-hour chart hint at a parabolic rally for SOL.
The one-day chart appears to support the bearish thesis around SOL value today as the AO histogram bars turn negative, an indication that the bullish momentum is growing weak. If these bars cross below the zero line, it will confirm that a bearish momentum is at play, which may push the SOL price to $138, and if this level also fails, a crash to $100 may be imminent.
The RSI line is tipping south, albeit remaining above 50, an indication that the selling pressure is increasing, and this may push Solana lower if there is inadequate buying pressure. To invalidate the bearish thesis, buyers need to step in to absorb the sold coins and push SOL past $178, as this will spark an uptrend past $195 to $200.
SOL/USDT: 1-day Chart
Considering the ongoing capital rotation from other altcoins to Ethereum, the Solana price is at risk of a downtrend and could drop lower and possibly retest levels below $120. The declining RSI and red AO bars further confirm that SOL is at risk of a crash happening in the near term.
AI computing power scheduling system: intelligently optimizes mining strategies in real time based on market difficulty and currency price fluctuations
