Category: crypto

OriginTrail (TRAC) was listed on South Korean crypto exchange Upbit on May 18, with trading available in KRW, BTC, and USDT markets. Upbit implemented listing-day controls, including a restriction on buy orders for five minutes and limiting sell orders priced over 10% below the previous closing price. TRAC price surged 39.4% after the listing.

Tom Lee of Fundstrat stated that rising oil prices are putting pressure on Ethereum’s price. Oil prices have reached major highs, negatively affecting ETH. Lee mentioned that tokenization and agentic AI will be long-term drivers for Ethereum demand. Despite short-term challenges, he believes in the future potential of Ethereum.

Capital B has increased its bitcoin treasury by purchasing 192 BTC worth €13 million after completing three capital raises. The France-based company now holds 3,135 BTC at an average purchase price of $105,270 per bitcoin. The latest acquisition was funded by capital raises totaling €17.15 million.

Bitcoin’s value dropped below $77,000 due to selling pressure in the crypto market. The drop was influenced by ETF outflows and forced liquidations. Fed minutes, job data, and sentiment reports will impact rate expectations. Nvidia’s earnings may guide AI stock demand. Oil prices and Iran risks also affect market caution.

Goldman Sachs no longer reported XRP-linked ETF holdings in its Q1 2026 Form 13F. The bank removed XRP and Solana ETF holdings, while still holding Bitcoin and Ether ETFs. Institutional ETF demand remains mixed, with Mubadala adding more IBIT exposure. Additionally, Goldman increased exposure to digital asset-related public companies.

The Financial Services Commission of South Korea is reviewing Hana Bank’s plan to purchase a 6.55% stake in Dunamu, the operator of Upbit. The deal faces scrutiny due to regulations restricting banks from owning crypto-related businesses directly. This move follows a trend of major Korean finance and technology groups becoming more involved in the crypto…

Crypto users are being warned about phishing emails that appear to be from real Google accounts, containing hidden links that can steal passwords, session data, or wallet access. The phishing emails use spacing tricks to hide harmful content. Users are advised to verify requests manually and not click on unfamiliar links.

Validators on the XRP Ledger are urged to update their nodes to version 3.1.3 as the fixCleanup3_1_3 amendment is set to activate on May 27. Failure to update may result in amendment blocking and loss of transaction processing access. The update includes fixes for various protocols and comes during a period of increased XRP market…

Ripple CTO David Schwartz rejected claims from the XRP community regarding meme coins and the FUZZY project. He stated that treating meme coins as serious investments was inappropriate. Schwartz’s opening of a trust line for FUZZY led to speculation, but he clarified that it was just a technical test, not an endorsement. There have been…

The Financial Conduct Authority and the Bank of England have launched a joint consultation on tokenized UK wholesale markets. The consultation seeks feedback on tokenized securities, collateral, settlement tools, and market infrastructure rules. The goal is to gather market input before establishing a digital wholesale roadmap. The consultation also covers aligning stablecoins and tokenized deposits…