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XRP's price recovery is challenged by a failure to breach the $2.56 resistance, a 4-month low in new investor activity, and a high NVT ratio. With the market uncertain, the altcoin is likely to remain range-bound unless it successfully breaks this key resistance
U.S. Spot Bitcoin ETFs purchased nearly $750M in BTC this week, signaling strong institutional confidence.Institutional Investors Are Doubling DownWhy Are ETFs Buying So Much BTC?What This Means for Bitcoin’s Price
Shiba Inu's price recovery faces challenges from weak investor support and profit-taking from short-term holders. A rally above $0.00001462 is crucial for a bullish trend, but SHIB’s fate hinges on Bitcoin's performance, particularly if BTC breaches $90,000.
The Bitcoin whale funds were moved to another wallet rather than an exchange, indicating a possible restructuring rather than intent to sell.
- 03:20Ethereum ACDE Meeting #212: Fusaka Devnet-0 to Launch on May 26According to ChainCatcher, in Tim Beiko's summary of the 212th Ethereum Execution Layer Core Developers Meeting (ACDE), the main discussions were: Fusaka Devnet-0 will be launched on May 26, Fusaka EIP scope discussion (EIP-7825 sets the transaction gas limit to 30 M; EIP-7918 anchors the Blob fee rate to the Base Fee to alleviate fee volatility; these two are confirmed to be included in Devnet-1. Other candidate EIPs are expected in the Devnet-2 testnet strategy (first fork Sepolia, retain Hoodi for application testing; encourage community long-term maintenance testnet), future planning (next week's CL Call to decide on EIP-7917; two weeks later ACDE to finalize Devnet-2 and initiate Glamsterdam discussion), etc.
- 03:19RootData: MAV to Unlock Tokens Worth Approximately $1.27 Million in a WeekAccording to ChainCatcher, based on token unlocking data from the Web3 asset data platform RootData, Maverick Protocol (MAV) will unlock approximately 20.37 million tokens, valued at around 1.27 million USD, on June 1st at 8:00 (UTC+8).
- 03:18Metaplanet CEO: Even if BTC Drops to $2,000, Company Bonds Can Fully CoverChainCatcher reports that Simon Gerovich, CEO of the Japanese listed company Metaplanet, stated on X that Metaplanet's Bitcoin rating is 69.24 times, maintaining an extremely strong and flexible capital structure. The net asset value of the company's Bitcoin holdings is far higher than its liabilities, ensuring that even if the price of Bitcoin falls to $2,000, all bonds can be covered. It is reported that Metaplanet has accumulated 7,800 Bitcoins, with an average historical purchase price of 13.51 million yen per coin.