Category: News

XRP has been down 2.6% in the last 24 hours, reflecting growing technical weakness across multiple indicators. Its price is below $2.40. Its RSI has sharply dropped into neutral territory, signaling fading momentum after nearly reaching overbought levels just one day prior.

The Ichimoku Cloud setup has turned bearish, with the price now trading below key support lines and under a red cloud, indicating increasing downward pressure. Adding to the concern, XRP’s EMAs are on the verge of forming a death cross, a bearish signal that could lead to deeper declines unless a strong recovery emerges.

XRP Loses Strength After RSI Falls Sharply From Near-Overbought Levels

XRP’s Relative Strength Index (RSI) has dropped to 46.72, falling from 64.86 just a day earlier, indicating a swift loss of upward momentum.

The RSI is a widely used momentum oscillator that ranges from 0 to 100. It helps traders identify overbought and oversold conditions.

Readings above 70 typically suggest an asset may be overbought and due for a correction, while values below 30 indicate oversold conditions that could lead to a bounce. Levels between 30 and 70 are considered neutral and reflect a lack of strong directional trend.

With XRP now sitting at 46.72, the token has returned to a neutral zone, signaling indecision and a potential pause in its previous upward move.

The sharp decline suggests weakening buyer interest, which could lead to further price consolidation or mild downside if market sentiment doesn’t improve.

For bullish momentum to resume, XRP would likely need a bounce in RSI toward the 60–70 range, supported by a broader recovery in crypto markets. Until then, price action may remain range-bound or slightly bearish.

Ichimoku Cloud Turns Bearish for XRP as Price Drops Below Key Lines

The Ichimoku Cloud chart for XRP shows a bearish shift in momentum. The price has broken below both the Tenkan-sen (blue line) and the Kijun-sen (red line), signaling a short-term trend reversal.

The price action is now positioned beneath the Kumo (cloud), which has transitioned from green to red—an indication that market sentiment is weakening and downward pressure is building.

The red cloud ahead suggests that bearish momentum could continue unless there’s a strong recovery to push the price back above the cloud.

Additionally, the Senkou Span A (leading green line) is trending downward, and the Senkou Span B (leading red line) is flat, showing a loss of bullish momentum and potential for range-bound or declining movement.

Although not clearly shown, the Chikou Span (lagging green line) appears to be below the price action, further confirming a bearish outlook.

Overall, the Ichimoku setup reflects increasing resistance and declining support, suggesting XRP is in a vulnerable technical position unless buyers step back in forcefully.

XRP Faces Bearish Risk as EMA Death Cross Looms

XRP recently approached the $2.50 zone but faced sharp rejection as Bitcoin’s sudden drop triggered a broader market pullback.

The selling pressure has weighed heavily on XRP’s structure, and its exponential moving averages (EMAs) are now converging in a way that suggests a potential death cross. This bearish crossover typically signals extended downside risk.

If confirmed, this pattern could open the door to a deeper correction, with key support levels at $2.32 and $2.28 in focus. A break below those zones could accelerate losses toward $2.12 and $2.07 if bearish momentum intensifies.

However, the outlook could shift quickly if XRP manages to stabilize and regain upward momentum.

A push back toward the $2.449 resistance would be the first key test for bulls, and reclaiming $2.479 could open the way for a retest of the $2.65 level.

Such a move would likely require a broader recovery in crypto sentiment, particularly from Bitcoin, as well as a clear rejection of the looming death cross. Until then, the technical bias remains tilted to the downside.

The post XRP Struggles to Hold Support as Death Cross Nears appeared first on BeInCrypto.

Three Made in USA coins—Worldcoin (WLD), Jupiter (JUP), and EOS—are drawing renewed attention following Donald Trump’s latest post suggesting a 50% tariff on the European Union starting June 1.

WLD is leading the pack with a 37% surge after a $135 million token sale to a16z and Bain Capital Crypto. JUP is also outperforming the market, gaining nearly 7% amid key ecosystem announcements. Meanwhile, EOS is struggling to hold recent gains after a controversial $3 million purchase by World Liberty Financial sparked speculation across the crypto community.

Worldcoin (WLD)

Worldcoin surged 37% in the last two days, hitting a three-month high after raising $135 million through a direct token sale to a16z and Bain Capital Crypto. WLD became the best-performing token among Made in USA coins in the last few days.

The funding, which was not a traditional venture round but a market-priced token purchase, instantly boosted WLD’s circulating supply—reflected in a sudden $135 million spike in market cap moments before the announcement. The capital will be used to expand biometric identity operations in the U.S., following regulatory setbacks in Europe and Africa.

This suggests buying strength is present and accelerating, increasing the likelihood of WLD challenging the resistance at $1.64. If broken, WLD could push above $1.70 for the first time since late January.

However, traders should monitor the $1.36 support closely—if this floor fails, the token could retrace toward $1.17 or even $1.05 in a deeper correction.

Jupiter (JUP)

Jupiter is defying the broader market pullback, rising nearly 7% in the last 24 hours while most major tokens trend lower.

The rally comes during a high-activity week for the Jupiter ecosystem, marked by the launch of its mobile app, a strategic partnership with Moonpay, and the debut of Jupiter Lend.

Technically, JUP remains below the key resistance at $0.635, which it recently failed to break.

A successful retest and breakout above that level could pave the way for a move toward $0.84, with a strong uptrend potentially pushing it to challenge the $1 mark for the first time since February.

However, if momentum fades and Jupiter (JUP) drops to test support at $0.52, losing that level could trigger a sharper decline to $0.465. In a deeper downturn scenario, the token could slide to $0.40, $0.348, or even $0.30, making the current breakout attempt a critical moment for bulls.

EOS

One week ago, World Liberty Financial (WLFI) sparked controversy in the crypto community after purchasing $3 million worth of EOS tokens, a move that immediately raised eyebrows.

The timing of the buy—following WLFI’s alleged $125 million loss from selling ETH at a three-month low—fueled speculation of possible market manipulation.

Despite skepticism, no concrete evidence of misconduct or insider trading has emerged. Interestingly, EOS rallied over 9% shortly after the purchase, intensifying the debate over whether WLFI’s actions were strategic or coincidental, making it an interesting player among Made in USA coins to watch.

Since then, however, EOS has struggled to maintain momentum and is now down nearly 10.5% over the last seven days. The token recently failed to break resistance at $0.79 and is now at risk of extending its decline.

If bearish pressure persists, EOS could test the support at $0.72; a break below this level may lead to deeper drops toward $0.652 and $0.583.

On the flip side, if momentum returns and EOS can reclaim $0.79, it may target higher levels at $0.869 and potentially $0.97—though a strong market reversal would be needed to support such a move.

The post 3 Made in USA Coins to Watch After Trump’s New EU Tariff appeared first on BeInCrypto.

The week was notably bullish for the crypto market, with Bitcoin (BTC) reaching record highs of $111,980 and more optimistic predictions emerging. US states’ investment trends and regulatory developments dominated the spotlight, while Pi Network’s price surge also drew attention.

The following is a roundup of some of the most important developments in the crypto market this week.

14 US States Disclose $632 Million Stake in MSTR

One of the most notable developments this week in crypto was the revelation of US states’ $632 million holdings in Strategy’s MSTR stock. BeInCrypto reported that in Q1 2025, the holdings increased by an average of 42%.

“14 US states have reported $632 million in MSTR exposure for Q1, in public retirement and treasury funds. A collective increase of $302 million in one quarter,” Bitcoin Laws founder Julian Fahrer posted.

California, through its state teachers and public retirement fund, led the pack with $276 million in MSTR shares, followed by Florida, North Carolina, and New Jersey. Despite a recent veto on a Bitcoin reserve bill, Arizona also increased its MSTR holdings.

Other states like Utah and Colorado showed substantial growth in MSTR investments, with the former’s holdings growing by 184% in the last quarter. On the other hand, while boosting its MSTR position by 26%, the Wisconsin Investment Board sold off its entire $300 million stake in BlackRock’s Bitcoin ETF.

This exemplifies that Strategy, the largest corporate holder of Bitcoin (576,230 BTC), has become a preferred choice for states seeking indirect crypto exposure without dealing with the complexities of direct ownership. 

Pi Network’s 86 Million Token Withdrawal from OKX

Pi Network has been widely discussed since its open network launch in late February 2025. This week, Pi Coin (PI) dominated headlines due to its 11% price appreciation. BeInCrypto highlighted that the catalyst behind this uptick was an 86 million withdrawal from the OKX exchange. 

This reduced OKX’s PI token balance to just 21 million. This mass movement suggested investors were holding rather than selling. This bullish signal is often associated with confidence in future price appreciation.

“This isn’t just a withdrawal—it’s a POWER MOVE by the Pi community. Scarcity is kicking in, and the market is feeling the heat!” a Pioneer posted on X.

Nonetheless, the high was fleeting. After the rise, more declines followed. Over the past day alone, Pi Coin’s value depreciated by 4.7%.

At the time of writing, it traded at $0.79.

Along with its underwhelming price performance, Pi Network has faced significant criticism due to its inability to secure a listing on major exchanges like Binance or Coinbase. Concerns regarding its lack of recognition on price tracking platforms, token distribution, node centralization, and migration challenges further add to the growing list of issues.

Blum Co-Founder Vladimir Smerkis Arrested in Moscow

Another crypto-related incident this week involved the co-founder of the Telegram-based crypto project Blum. On May 18, the Zamoskvoretsky District Court in Moscow arrested Vladimir Smerkis, who previously managed Binance’s operations in Russia. Smerkis allegedly committed ‘large-scale fraud.’

“The Zamoskvoretsky District Court granted the investigator’s petition for the preventive measure of detention for Vladimir Smerkis, who was arrested in connection with a case of large-scale fraud (Article 159 of the Criminal Code of the Russian Federation),” local media reported.

In response to the arrest, Blum quickly distanced itself from Smerkis and his involvement in the project.

“We would like to inform our community that Vladimir Smerkis has stepped down from his role as CMO and is no longer involved in the development of the project or in any co-founder capacity,” Blum’s official statement read.

Fred Krueger Predicts Bitcoin Could Reach $600,000 by October 2025

This week in crypto, Bitcoin took center stage with its impressive rally. BeInCrypto was the first to report that Bitcoin reclaimed its all-time high of $108,900 after four months. However, the rally didn’t stop there, as the price continued to climb.

Yesterday, BTC peaked at a new record of $111,980, a high yet to be surpassed. Yet, analysts are increasingly optimistic about Bitcoin’s prospects moving forward.

Mathematician and analyst Fred Krueger predicted that Bitcoin’s price could surge to $600,000 by October 2025. His forecast hinges on a series of speculative developments that will begin on July 21, with BTC priced at $150,000.

“THE FINAL RUN: BITCOIN TO $600,000. Timeframe: 90 days — from Monday, July 21, 2025. Starting BTC: $150,000, Ending BTC: $600,000. Final Gold: $10,400.  DXY: Collapses from 96 → 68.  US 10Y Yield: Spikes to 9.2% before being “frozen” by the Fed.  SPX: Collapses 50%,” Krueger stated.

The supposed catalysts for Bitcoin’s rise to $600,000 include a failed US Treasury auction, BRICS nations launching a Bitcoin-backed payment system, countries shifting reserves to Bitcoin, rising Treasury yields, a collapse in US real estate, tech companies adopting Bitcoin, and a potential restructuring of the US dollar at an October summit. 

Texas Bitcoin Reserve Bill Passes Key House Vote

Apart from the price, Bitcoin also dominated the regulatory sector. This week in crypto, Texas’s Senate Bill 21 passed its second House reading with a 105-23 vote. Shortly after, it passed the third and final reading by a vote of 101-42.

The bill, which aims to create a state-level Bitcoin Reserve, now only requires Governor Abbott’s signature to be finalized. Notably, as BeInCrypto pointed out, Governor Abbott is pro-crypto.

In fact, he posted an article about the Texas Strategic Bitcoin Reserve on his X account today, which signals a likely approval.

“It’s happening. Texas Governor, Greg Abbott, will sign Texas’ Bitcoin Reserve into law. One of the richest states will be buying Bitcoin. Get ready!!!” crypto commentator Kyle Chassé remarked.

With the Texas Senate session ending on June 2, Governor Abbott has until then to make a decision. If signed into law, Texas will become the second US state to establish its own Bitcoin Reserve, following New Hampshire.

The post This Week in Crypto: US States’ $632 Million MSTR Stake, 86 Million Pi Withdrawals, Bitcoin New High and More appeared first on BeInCrypto.

Last week, an attempted kidnapping in Paris targeted the daughter and grandchild of a crypto entrepreneur, adding to a troubling trend of attacks on crypto figures in France. Since January 2025, three kidnapping attempts have been reported involving individuals linked to the cryptocurrency industry.

Crypto-related violence is not confined to France. Globally, crypto moguls are increasingly becoming prime targets.

This highlights the dark side of the cryptocurrency boom, where immense wealth attracts both opportunity and danger. Beyond abductions, the mysterious deaths of prominent figures have also plagued the crypto industry over the years.

Nikolai Mushegian 

Nikolai Mushegian was a well-known software engineer and cryptocurrency developer. He was one of the early contributors to the development of the MakerDAO project (now Sky), which is behind the Dai stablecoin (upgraded to Sky Dollar). Mushegian also co-founded Balancer Labs.

The 29-year-old was found dead in Puerto Rico, near the Condado Beach in San Juan, on October 28, 2022. The cause of the crypto millionaire’s death was determined to be drowning, but the circumstances surrounding it quickly sparked intense discussion due to his final cryptic social media posts. 

Just days before his death, Mushegian posted alarming messages on X (formerly Twitter), suggesting he feared for his life.

“3 possible futures for me 1) suicided by CIA  2) CIA brain damage slave asset  3) worst nightmare of people who fucked with me up until now, I am sure these are the only options,” Mushegian wrote in September 2022.

The tragic nature of Mushegian’s passing also led to various conspiracy theories.

“Maybe it’s just my tin hat leaking out, but it is my opinion that Nikolai spoke truth in his tweet, and was then murdered as a lesson to anyone else who finds themselves in a similar situation,” a user posted on Reddit.

Despite this, the police found no evidence to substantiate the theory that he was intentionally harmed. It is also worth noting that Condado Beach, where the incident occurred, is known for its dangerous currents and strong waves. The beach has a history of fatal accidents. Thus, his death was officially ruled an accident.

Fernando Pérez Algaba 

Fernando Pérez Algaba was an Argentine businessman and crypto millionaire. He was famous for driving luxury cars and enjoyed a lavish lifestyle, which he often shared with his Instagram followers. Unfortunately, Algaba passed away in July 2023 at the age of 41.

Crypto millionaire found dead and chopped up in suitcase. #DramaAlert

After a group of kids in Argentina found the dismembered remains of missing wealthy Fernando Pérez Algaba, 41, over the weekend, police opened a murder inquiry.

Details are still emerging. pic.twitter.com/Xrl5miYun7

— DramaAlert (@DramaAlert) July 27, 2023

On July 23, authorities were alerted when children playing near a stream in Ingeniero Budge, Buenos Aires Province, discovered a red suitcase containing dismembered body parts. Police examined the suitcase and found the victim’s legs and forearm inside, while the other arm was located in the stream. 

Three days later, on July 26, authorities recovered the missing head and torso. An autopsy later revealed that the victim had been shot three times before being dismembered.

Local media noted that Algaba had been missing since July 18. The owner of an apartment he had rented on the outskirts of Buenos Aires reported that he had not returned the keys and was not responding to calls.

The New York Post later revealed that Algaba had received threatening messages in the week leading up to his death. He also owed large sums of money to Argentina’s tax agency. Moreover, Algaba also had some conflicts with a notorious local gang that demanded $40,000 from him.

Additionally, Algaba left a note on his phone stating that he had lost a significant amount of money in crypto investments.

“If something happens to me, everyone has been warned,” the note read.

At the time of the investigation, the police had arrested one suspect in connection with Algaba’s death. However, further details about the suspect and the progress of the investigation have not been fully disclosed. 

Mircea Popescu

Mircea Popescu was a Romanian-born Bitcoin maximalist and blogger. He was recognized for his early involvement in cryptocurrency and his controversial online presence. His unapologetic views on Bitcoin’s value and disdain for centralized financial systems earned him the title “The Father of Bitcoin Toxicity.”

An entrepreneur and outspoken libertarian, Popescu was very active on the Bitcoin forum Bitcointalk and launched Mpex, a Bitcoin exchange, in 2012. However, the exchange was reportedly under investigation by the US Securities and Exchange Commission (SEC).

Popescu passed away in June 2021, aged 41. He reportedly drowned while swimming off the coast of Costa Rica. It was rumored that Popescu had held over 1 million BTC at the time of his death.

“Mircea Popescu died last week. He was a thoroughly unlikeable person who taught me so much about Bitcoin. I think the thing that will stick with me is his insistence that noobs lurk for 6 months before saying anything. We’d have stronger communities if this was a tradition,” entrepreneur Riccardo Spagni posted on X.

The crypto mogul’s death marked the end of an era for one of the most divisive figures in the cryptocurrency world. His legacy continues to spark debate, with some viewing him as a pioneer and others as a polarizing character who significantly shaped Bitcoin’s early culture.

The post Mysterious Deaths Haunt Crypto Millionaires—Are Fortunes Becoming Fatal? appeared first on BeInCrypto.

Kraken has launched perpetual futures contracts for Pi Network’s native token, PI, allowing traders to take long or short positions with up to 20x leverage. 

The move gives traders a new way to speculate on PI’s price without holding the asset itself. It also marks PI’s debut on a major derivatives platform, despite the token still lacking listings on top spot exchanges like Binance or Coinbase.

How PI Perpetual Futures on Kraken Will Work

Perpetual futures are derivative contracts with no expiration date. Traders can open positions that track the price of PI and settle profits or losses based on price movements over time. 

On Kraken Pro, users can access these contracts with over 40 collateral options and across more than 360 markets.

This flexibility allows both hedging and speculative strategies. Traders bullish on Pi Network can go long, while skeptics can short the token—betting that its price will fall. 

$PI @PiCoreTeam perpetual futures now live with up to 20x leverage

Why choose Kraken Pro futures:

40+ collateral options
360+ markets

Open PI perp https://t.co/NHHpKobugb

*geo restrictions apply pic.twitter.com/aiJrJRbxW4

— Kraken Pro (@krakenpro) May 23, 2025

With 20x leverage, small price swings can lead to outsized gains or losses.

Meanwhile, after a brief rally to $1.57 earlier this month, PI has dropped 10% this week. Despite the ongoing bullish cycle in the market, the altcoin has shown extreme volatility and underperformed expectations. 

Will Futures Trading Impact PI Network Price?

The listing introduces more liquidity into the PI market. Greater trading activity could reduce volatility in the long term. However, in the short term, leverage may amplify price swings.

Market sentiment around PI is already fragile. Concerns over centralization—60% of the token supply remains under core team control.

Also, as BeInCrypto reported previously, a high concentration of nodes in Vietnam has triggered doubts about the project’s stability. Vietnam’s tightening crypto laws add further pressure.

With futures now in play, bearish traders may open leveraged shorts, potentially accelerating PI’s downward momentum. 

Meanwhile, increased volatility could trigger liquidations on both sides, causing sudden price spikes or crashes.

While the futures listing opens new opportunities, it also raises the stakes. Traders should monitor funding rates and open interest to gauge the strength of directional bets.

Overall, Kraken’s move brings new visibility to Pi Network. But for now, there is a lot of skepticism regarding the altcoin’s direction in the spot market. 

The post Pi Network Makes Derivatives Debut as Kraken Lists PI Perpetual Futures appeared first on BeInCrypto.

Hedera (HBAR) is trading dangerously close to the key psychological level of $0.20, with technical indicators flashing mixed signals. The BBTrend has turned slightly positive at 0.97 but continues to struggle to break above the bullish confirmation level of 1, signaling weak momentum.

Meanwhile, the RSI has dropped sharply from near-overbought territory to a neutral 49.58, reflecting fading confidence after Bitcoin’s recent decline. With HBAR hovering at a make-or-break level, traders are watching closely to see whether support holds or if a deeper correction happens.

HBAR BBTrend Turns Positive, But Struggles to Confirm Bullish Momentum

The BBTrend (Bollinger Band Trend) indicator measures the strength and direction of price trends based on how far prices deviate from a moving average within the Bollinger Bands.

Positive values suggest upward momentum and buying strength, while negative values indicate downward pressure. The deeper the value, the stronger the trend, making it useful for spotting breakouts or trend reversals.

When BBTrend hovers near zero, it signals indecision or consolidation, and sustained values above 1 are typically seen as confirmation of a bullish move gaining traction.

HBAR’s current BBTrend reading of 0.97 marks a recovery from its recent bearish phase, where it bottomed at -8.99 on May 19 and remained negative through May 22.

This return to positive territory suggests momentum is attempting to shift in Hedera’s favor, but the inability to hold above 1 points to fragile bullish conviction.

While the reading reflects an improving trend, it also highlights hesitation from buyers, indicating that HBAR may remain range-bound unless stronger momentum emerges.

Hedera RSI Drops to Neutral Zone Amid BTC-Driven Sell-Off

Hedera’s Relative Strength Index (RSI) has dropped to 49.58, falling sharply from 69.91 just a day earlier.

This sudden shift reflects a clear loss of buying momentum, as broader market sentiment turned risk-off following Bitcoin’s 3% drop in response to Donald Trump’s threat of imposing a 50% tariff on the European Union.

The RSI’s decline highlights how quickly investor confidence in HBAR faded alongside BTC’s pullback, pulling the token back into neutral territory after nearly touching overbought conditions.

The RSI is a momentum indicator that measures the magnitude of recent price changes to evaluate whether an asset is overbought or oversold.

It ranges from 0 to 100, with levels above 70 typically signaling overbought conditions and potential for a pullback, while values below 30 suggest oversold conditions and potential for a rebound.

With HBAR’s RSI now sitting near the midline, the token lacks a clear trend, indicating indecision among traders. For momentum to return, HBAR would need either renewed bullish sentiment or broader market stabilization—particularly from Bitcoin.

HBAR Nears $0.20 Breakdown — Key Support Levels in Focus

Hedera price is currently at a critical technical juncture, hovering just above the psychological level of $0.20. If bearish momentum persists, the token is at risk of breaking below this level and could slide toward the next support at $0.192.

A breach there would expose further downside to $0.184, potentially accelerating short-term selling pressure.

This scenario reflects broader weakness in the crypto market, particularly after Bitcoin’s recent pullback.

However, if sentiment stabilizes and HBAR reverses course, the first resistance to watch is at $0.209. A successful breakout above this level could open the door to a move toward $0.228, a zone that would likely require strong volume and broader market support to reclaim.

The post Hedera (HBAR) Tests $0.20 Support as Momentum Wanes appeared first on BeInCrypto.

US President Donald Trump announced plans to impose a 50% tariff on all goods imported from the European Union, effective from June 1. The announcement has caused some nervousness in the crypto market, as earlier bullish momentum has corrected. 

The proposed tariffs come in response to what Trump described as persistent trade imbalances and regulatory barriers. He accused the EU of maintaining unfair trade practices that have harmed US businesses.

Long-Short Ratio Shows Market Confusion

Bitcoin dropped to $108,000 following the announcement, down from a session high of $111,000. It has since recovered to around $109,000 but remains under pressure. The overall crypto market is down 4% over the past 24 hours.

Data from Coinglass shows $64.13 million in crypto liquidations over the last four hours. Long positions accounted for $34.05 million, while short positions made up $30.09 million. 

Bitcoin alone saw $24.4 million in liquidations, with Ethereum at $15.16 million.

Meanwhile, Bitcoin’s long-short ratio remains almost equal, which shows a short-term uncertainty in the market’s direction. Yesterday, Bitcoin long positions dominated the charts at 54%. 

Solana, XRP, and several altcoins also experienced sharp volatility, reflecting heightened volatility across the board. 

Most altcoins saw a greater wipeout in long positions, suggesting retail traders were caught off guard by the sudden policy shift.

Rising concern over macro volatility

The US-China trade deal earlier this month provided a much-needed boost to the crypto market. It was an indication that the macroeconomic uncertainty might be priced in. However, Trump’s EU threats have injected renewed concerns. 

Analysts warn that the tariff announcement could be the start of broader economic disruption. European stock indices fell sharply, and US tech shares also faced selling pressure. 

The trade war is back:

After a brief pause, Trump just threatened 50% tariffs on the EU beginning June 1st and 25% tariffs on Apple.

In 5 days, the S&P 500 has erased -$1.5 trillion of market cap.

What’s next? Here’s why you NEED to watch the bond market.

(a thread) pic.twitter.com/8np3sevfA7

— The Kobeissi Letter (@KobeissiLetter) May 23, 2025

In crypto, the liquidation heatmap reflects a market caught between downward fear and upward retracement attempts.

The situation is fluid. If the tariff threat escalates into a full trade dispute, risk assets, including cryptocurrencies, may face additional headwinds. Traders are watching closely for any EU response or signs of negotiation.

In the past 24 hours, 162,419 traders were liquidated, totaling $567.65 million. While crypto has often acted as a hedge during traditional market stress, today’s moves show it is not immune to global policy shocks.

Volatility may persist as geopolitical uncertainty mounts.

The post Trump’s EU Tariff Threat Leads to Sharp Correction in the Crypto Market  appeared first on BeInCrypto.

Made in USA Coins are gaining traction heading into the final week of May, with AVA, Solana (SOL), Pi Network (PI), Uniswap (UNI), and Worldcoin (WLD) all drawing attention. AVA surged nearly 10% amid renewed AI interest, while SOL saw rising institutional accumulation despite ETF delays.

PI rebounded above $0.80 as momentum builds despite lingering ecosystem concerns. Meanwhile, UNI faces legal pressure from Bancor, and WLD remains in the spotlight following regulatory challenges and a U.S. expansion push.

AVA

AVA is the native token of Holoworld, an AI-powered storytelling platform designed for creators, brands, and developers.

The ecosystem enables users to craft immersive experiences using customizable AI avatars, lifelike animations, and voice-based interactions. It claims to have over 1 million users and tens of millions of interactions.

Originally launched on Solana’s PumpFun launchpad, AVA currently holds a market cap of around $65 million and has climbed nearly 10% in the last 24 hours amid renewed interest in AI-themed tokens.

Technical indicators are turning bullish, with AVA’s EMA lines suggesting a golden cross could form soon. If this momentum holds, the token could rise to challenge resistance at $0.069, and a breakout may open the path toward $0.0919 and even $0.015.

However, if bullish momentum fades and the $0.060 support level fails, the token could retrace to $0.0519, and potentially fall to $0.047 or even $0.0417 if the downtrend intensifies.

Solana (SOL)

Solana is seeing increased accumulation from institutional investors in May 2025. Whales have staked large amounts, and some have invested millions into Solana-based assets.

Over 65% of SOL’s supply is now staked. Q1 app revenue reached $1.2 billion, the highest in the past year, showing strong ecosystem growth.

Despite a quiet altcoin market, analysts are comparing Solana’s structure to Ethereum’s in early 2021. On-chain inflows and developer activity continue to rise.

Meanwhile, the SEC delayed its decision on five Solana ETF proposals, pushing the timeline to mid-2025. Still, SOL rose 2.7%, showing resilience.

Technically, SOL is holding support at $164. If this holds, it could test $176.83 and $184.86. If $164 fails, the next supports are $159.48, $154, and $141.

Pi Network (PI)

Pi Network has faced several major setbacks since its mainnet launch in February 2025, quickly becoming one of the most hyped Made in USA coins. These include a lack of Binance or Coinbase listings, poor price performance, and unfulfilled ecosystem promises. Despite 86% of the community voting for a Binance listing, no listing has occurred.

Still, PI is showing signs of short-term strength. It’s up nearly 10% in the past 24 hours, breaking above the $0.80 mark. Its market cap is nearing $6 billion again, and EMA lines suggest a golden cross could form soon.

If the momentum holds, PI could test resistance at $0.96. A breakout could open room for rallies toward $1.30 and $1.67.

However, if the uptrend fades, PI could retrace to $0.66. If that level fails, the next supports are $0.57 and lower.

Uniswap (UNI)

Bancor has filed a patent infringement lawsuit against Uniswap, claiming that the leading DEX used its patented automated market maker (AMM) technology without permission.

Bancor says it developed and patented the constant product AMM model back in 2017, a structure Uniswap later adopted for its own protocol. The lawsuit, filed in New York, seeks compensation from both Uniswap Labs and the Uniswap Foundation, making UNI one of the most interesting Made in USA coins to watch next week.

Meanwhile, UNI is trading near a key support level at $5.94.

If this level fails, it could drop to $5.649 and even $5.43. On the upside, a momentum recovery could send UNI back to test $6.329. If broken, further resistance lies at $6.52 and $7.36.

Worldcoin (WLD)

AI-related tokens have been attempting a broader recovery in recent weeks, and Worldcoin (WLD) has remained a focal point during this period. The project has faced both regulatory setbacks and notable expansion efforts, keeping it in the spotlight in the last weeks.

Legal issues emerged in Kenya, where a high court ruled that Worldcoin violated privacy laws, ordering the deletion of biometric data collected from users.

Around the same time, Indonesia suspended its operations over regulatory and certification concerns. Despite these headwinds, Worldcoin recently launched in six major U.S. cities and revealed plans to distribute 7,500 biometric verification devices across the country.

WLD is up 6.8% in the past 24 hours, showing signs of a short-term rebound. Its EMA lines suggest a golden cross could form soon, which would be a bullish technical signal.

If momentum holds, WLD could climb toward $1.19, and if that resistance breaks, extend gains to $1.36. However, if the token fails to hold above $1.11, it could slide to $1.05—and possibly dip below $1 if bearish pressure accelerates.

The post 5 Made in USA Coins to Watch for the Last Week of May appeared first on BeInCrypto.

XRP futures trading on CME Group has surged to a combined $25.6 million in notional volume within its first two days of launch. It marks a strong debut for the altcoin’s entry into regulated derivatives markets.

Meanwhile, XRP continues to trade below $2.50, dropping 7% in the past week. 

XRP Futures Make a Strong Entry on CME

CME began trading XRP futures on May 19, offering both standard (50,000 XRP) and micro (2,500 XRP) contracts. 

According to official CME data and corroborating reports, 120 standard and 206 micro contracts were traded on May 19, totaling approximately 6.5 million XRP. 

On May 20, the exchange logged 59 standard and 485 micro contracts, adding another 4.1 million XRP to the tally.

So, using XRP’s current market price of $2.39, the total trading volume across both days equals approximately $25.6 million.

This volume positions XRP’s debut ahead of other altcoin launches on CME. Solana (SOL) futures, which debuted in March 2025, recorded $12.3 million in first-day notional volume. 

In contrast, Bitcoin and Ethereum had more modest openings in their early days. BTC futures launched in 2017, and ETH followed in 2021—although both have since become institutional mainstays.

Futures Mirror XRP Spot Price, Hint at Stable Outlook

CME’s XRP futures are cash-settled and based on the CME CF XRP-Dollar Reference Rate. This is updated daily at 11 am Eastern Time. 

This structure means the futures are pegged closely to the spot market. With XRP currently trading at $2.39, the futures contracts are not reflecting a premium or discount. This suggests traders expect price stability in the short term.

So far, there is no indication of strong bullish or bearish sentiment among futures participants. This could reflect broader market indecision or simply the fact that participants are using the contracts for hedging rather than speculation.

The debut’s success highlights growing institutional interest in XRP, especially after regulatory clarity around Ripple’s operations.  

Overall, it sets the stage for future growth as traders explore more nuanced ways to gain exposure to XRP in a regulated environment.

The post XRP Futures Hit $25.6 Million in Volume in the First Two Days on CME appeared first on BeInCrypto.

Hyperliquid recently surpassed the trade volume of perpetuals exchange dYdX, reaching $1.5 trillion. Despite being a much newer platform, Hyperliquid’s token buybacks and lack of cash incentives have provided long-term stability.

To be fair, Hyperliquid has also been involved in much larger controversies, famously delisting JELLYJELLY in response to a short squeeze earlier this year. Nonetheless, the platform has been rebuilding its reputation and generating high volume.

Hyperliquid Trading Volume Surpasses dYdX

Hyperliquid, a high-performance L1 trading blockchain, has been enjoying many successes recently. Earlier this month, it captured more than 60% of the perpetuals trading market, and its HYPE token hit a 3-month high shortly afterward.

Yesterday, analysts noticed that Hyperliquid’s all-time trading volume surpassed dYdX, and it reached $1.5 trillion today.

Hyperliquid’s all-time volume is nearing $1.5t and surpassing what dYdX achieved in four years

Hyperliquid pic.twitter.com/IZKiMMhWLG

— hantengri (@0xhantengri) May 20, 2025

dYdX is a decentralized perpetuals exchange that has been active for five years, whereas Hyperliquid’s platform only launched in 2023.

Nonetheless, the younger protocol has overtaken it. After launching its native token in 2021, dYdX began employing it to reimburse users’ trading fees, boosting its volumes. It then built community hype around an informal “trading contest” with competitors.

Hyperliquid, on the other hand, did not rely on dYdX’s incentive strategy. After its own TGE last year, it managed to accumulate huge volumes through functionality, word-of-mouth, and product quality.

2024 was a peak year for crypto perpetuals trading, and the HYPE TGE took advantage of the moment. This has apparently proved to be a more durable approach.

Additionally, Hyperliquid directs the vast majority of its trading fees to token buybacks, which dYdX only instituted months later, and to a lesser degree.

This helped the firm repurchase 17% of the total circulating HYPE tokens, providing several key advantages. Over the last month, HYPE’s market cap has been steadily rising towards $10 billion:

Despite its strong rise, Hyperliquid has also seen several major controversies. For example, it denied claims of a Lazarus Group security breach despite clear on-chain evidence last year.

In March 2025, it unleashed a major scandal when it delisted JELLYJELLY in response to a short squeeze. This led to accusations of market manipulation and substantial losses.

dYdX hasn’t suffered a public debacle like that in many months, but Hyperliquid did act quickly to rebuild its reputation. So far, this seems to have worked.

Earlier today, Hyperliquid also reached a new all-time high in open interest, surpassing $8 billion. If it can maintain this momentum, the exchange can build a commanding lead over DeFi’s perpetuals market.

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