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A widely followed crypto analyst says that Bitcoin is primed to print new all-time highs if BTC can reclaim key levels as support. In a new post, crypto trader Michaël van de Poppe tells his 789,400 followers on the social media platform X that if Bitcoin can break through the resistance range between $106,500-$107,000, the flagship crypto asset will likely soar beyond its current all-time high of about $111,800. “Bitcoin has lost the crucial support level. However, the drop isn’t as severe as we might expect. This means, reclaim of $106,500-$107,000, that would be the party trigger sign for new all-time highs.” Source: Michaël van de Poppe/X Bitcoin is trading for $105,694 at time of writing, down 1.5% in the last 24 hours. Next up, the analyst says that Ethereum (ETH) is likely still in an uptrend and gearing up for a massive breakout. “ETH did break through $2,700 and failed immediately. The thing is, that’s not the crucial leve...

OpenSea, one of the leading multi-chain non-fungible token marketplaces, has finally launched its long-awaited upgraded trading platform OS2 after several months of development and testing. The NFT marketplace OpenSea announced the creation of its upgraded NFT trading platform in November 2024. The upgraded NFT trading platform Features unlimited perks, including letting users trade NFTs across 19 blockchain networks. Upgraded OS2 NFT Trading Platform Goes Live In a May 29 blog post, Adam Hollander, the chief marketing officer of OpenSea, confirmed that his team has officially launched the long-awaited upgraded trading platform ‘OS2.’ The new OS2 trading platform expands OpenSea’s capabilities to include both NFT collections and fungible tokens while introducing significant fee reductions and cross-chain functionality. The new OS2 platform reduces marketplace fees from 2.5% to 0.5%. OpenSea has evolved. Beta complete. Full token universe unlocked. New rewards pr...

The non-fungible token lending market, once seen as the only sector that could have rescued the global non-fungible token market from the liquidity crisis and market stabilization, is in a critical state right now, with reports indicating that the sector is down over 95% from its peak season in 2024. In this article, we shall explore in depth what went wrong as well as what can be done to rescue this dying sector. NFT Lending Falls 97% From ATH Data compiled by DappRadar.com, an on-chain crypto market data aggregator and non-fungible token explorer, shows that the non-fungible token lending volume has plummeted by 97% since its all-time high in January 2024. It has fallen from nearly $1 billion to just over $50 million as of May 2025. During this period, the number of liquidity borrowers has fallen by 90% while the number of lenders has fallen by 78%. 📉 Volume momentum is gone From nearly $1B to just $50M in May 2025, loan volume has collapsed. Without incentives and w...

Currently, BMW, VW, and Mercedes are negotiating with the US Commerce Department for a tariff deal that grants US tariff easements while requiring billions in new investment commitments. For German carmakers, these Commerce Department talks are an important step in negotiating trade. Recent news from Handelsblatt suggests that the companies hope to put the framework in place by early July. Also Read: Goldman Says China to Hit 4.6% Growth After 90-Day Tariff Pause BMW, VW, and Mercedes have set up a plan to adjust imports and exports which also benefits American markets financially. To reduce US tariffs, BMW, Daimler, and Volkswagen are making investment deals with the United States. The Commerce Department is reviewing billions in new spending in addition to the regular German carmaker trade negotiations. German Carmakers Push US Trade Relief With Billion-Dollar Pledge Source: Reuters Deal Structure And Timeline BMW, VW, and Mercedes would invest billions in the US if they received an...

The 46th ASEAN summit kicked off on Monday in Malaysia’s capital Kuala Lumpur and China and Indonesia signed a historic deal to settle payments in local currencies waving goodbye to the US dollar. The summit saw the alliance scrambling to safeguard their economies from Trump’s trade wars and tariffs. ASEAN countries saw more dependency on China and extended trade deals with the Communist country and not the US this time around. Also Read: Malaysia Says 10% US Tariff Floor Is Acceptable as Zero Becomes Unlikely At the ASEAN summit, China and Indonesia signed several major projects to deepen economic involvement and use local currencies for cross-border settlements. The development would boost both China and Indonesia’s GDP as the US dollar will not be involved in the transactions. The US dollar is being ignored by all major alliances as emerging economies are prioritizing local currencies for trade first. ASEAN Summit: China & Indonesia Sign Deals to Transact in Local C...

Derivatives activity surrounding XRP has surged sharply this week, with futures open interest climbing to $4.77 billion, its highest level since May 24, according to the latest CoinGlass data.  At the time of writing, XRP is trading at $2.31, reflecting a 1.22% decline over the past 24 hours and a 1.63% dip on the week, marking a notable uptick in trader positioning despite a minor decline in the underlying token’s spot price.  However, the growing open interest signals that market participants remain highly engaged, even as price consolidates. XRP futures open interest. Source: CoinGlass What futures open interest means for XRP Open interest in futures markets represents the total value of outstanding derivative contracts that have not yet been settled or closed. In other words, it tracks the number of active long and short positions in the market at any given time. A rising open interest, particularly when accompanied by growing volume, typically reflects...

Florida is now proposing new legislation that would eliminate capital gains taxes on Bitcoin, XRP, and also traditional stocks for state residents. The groundbreaking bill, which was introduced right now in May 2025, would create the first 0% capital gains tax rate at the state level for digital assets, and this positions Florida among the no-tax crypto states. At the time of writing, analysts are predicting that this crypto regulation shift could help drive Bitcoin toward the 135K Bitcoin prediction target within an estimated 100 days. Also Read: Dubai Taps Ctrl Alt to Launch Tokenized Real Estate on XRP Ledger How Florida’s Crypto Tax Break Fuels Bitcoin, XRP, and Stocks Source: VidhiLegalPolicy Florida’s Zero Capital Gains Proposal Details The new Florida legislation would exempt Bitcoin, XRP, and also traditional stock investments from state-level capital gains taxes, though federal taxes would still apply to residents. Right now, the proposed 0% capital gains tax would...

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Ripple’s Circle acquisition negotiations have taken an unexpected turn, and right now the payment giant is reportedly doubling its bid to $11 billion, which is intensifying the competition with Coinbase for control of the USDC stablecoin issuer. This bidding war represents one of the largest potential deals in cryptocurrency history, and both companies are leveraging massive resources to secure Circle’s $61 billion stablecoin infrastructure. The Ripple & Circle acquisition battle has captured the crypto market’s attention as XRP reserves and also Coinbase’s cash position fuel an unprecedented bidding war. Ripple news indicates the company raised its initial $5 billion offer after Circle rejected it, and now they’re proposing up to $11 billion using both cash and XRP holdings at the time of writing. Also Read: Top Crypto to Buy Now as Ripple Eyes Circle Acquisition Ripple, Coinbase Battle for Circle: What It Means for XRP, USDC Source: Watcher Guru Ripple...

In what is a monumental moment for the digital asset sector, cryptocurrency exchange Kraken is officially set to offer purchasable and tradable tokenized Apple (AAPL), Tesla (TSLA), and Nvidia (NVDA) stock. Indeed, the exchange is set to launch the feature for non-US customers, according to a Wall Street Journal report. The development is a major step forward for the burgeoning tokenization market. There are many who believe it could have a future as bright as the cryptocurrency sector. Moreover, Kraken is the most prominent example of tokenization in the stock market and could be indicative of an impending shift. JUST IN: Kraken to offer tokenized US stocks to users worldwide. — Watcher.Guru (@WatcherGuru) May 22, 2025 Also Read: Kraken Crypto Exchange to Launch its Own Blockchain in 2025 Kraken Offering Tradable Tokenized Stocks For Some of the Biggest Companies in the World There is no shortage of excitement surrounding what the development and implementation of tokenized securitie...

Asset manager Bitwise says the Senate stablecoin bill could have a bigger impact on the crypto market than the launch of spot Bitcoin ETFs (exchange-traded funds), and might spark a multi-year crypto bull run. “Outside of the January 2024 approval of spot bitcoin ETFs, this is the most important regulatory development in the history of crypto,” s aid Bitwise’s chief investment officer Matt Hougan in a May 20 blog post. ” It may even be bigger.” Hougan said the legislation should be passed in the summer, setting the stage for a ”long-term, sustained rally in crypto assets beyond bitcoin.” The biggest beneficiaries will likely be Ethereum (ETH), Solana (SOL), and various decentralized finance (DeFi) assets like Uniswap (UNI) and Aave (AAVE), he added. Hougan’s remarks come after the US senate advanced a key stablecoin bill, which many analysts see as an important step toward legitimizing digital assets in the US. If signed into law, the b...

Ripple’s XRP token faced a correction over the last few days. The asset’s price has fallen 8% over the previous week. Despite the correction, XRP has rallied 0.6% in the daily charts, 11.7% in the 14-day charts, 11.8% over the previous month, and 343.2% since May 2024. The rally comes after Bitcoin (BTC) pushed ahead to the $107,000 mark. Also Read: PLTR: Palantir Falls 3% on $178M Army AI Deal, BofA Eyes $150 Source: CoinGecko XRP Slides As SEC Delays ETF Source: Decrypt XRP’s latest price dip came after the SEC announced it would delay its decision on three spot ETF applications for Dogecoin (DOGE) and XRP. The move came as a surprise to many, given that the SEC now has a pro-crypto head, Paul Atkins. Also Read: 71% Say Bitcoin Will Reclaim Its Peak by May End, Are They Right? The latest rebound came after Bitcoin (BTC) climbed to the $107,000 level. The original cryptocurrency is close to hitting a new all-time high. Ripple’s XRP token and the general crypto m...