Crypto Industry News & Market Trends

ETH Price Prediction: $2,450 Target Within 14 Days as Momentum Shifts Bullish

ETHs Technical Reality Check　　Ethereum sits in a precarious but promising position at $2,301.70, trading well below its 200-day moving average of $2,639.58 but showing signs of base-building. The RSI hovering at 49.95 indicates neither overbought nor oversold conditions—classic consolidation territory where smart money accumulates before the next leg up.　　The MACD histogram at dead zero tells the real story here: momentum has completely stalled, but this flatline often precedes explosive moves. With price sitting 40% of the way through the Bollinger Bands (0.39 position), Ethereum has room to run toward the upper band at $2,382.18 before hitting any technical ceiling. Blockchain.news technical analysis suggests this consolidation phase is nearing its end.　　Volume & Price Alignment　　The derivatives market is painting a bullish picture that spot traders are missing. With $514 million in 24-hour spot volume—respectable but not extraordinary—the real action is happening in futures. Open interest dropped 4.72% to $4.83 billion, typically signaling weak hands getting flushed out before stronger moves.　　More telling is the positioning data: retail traders are 72.5% long while top traders (the smart money) are 69% long. When both retail and whales align on direction, price typically follows. The 1.10 taker buy/sell ratio confirms aggressive buying pressure is building, even

05-14Ethereum

Genesis Wallet Dormant Since 2015 Transfers 790 ETH Worth $1.78 Million

The address recorded zero outgoing or incoming transactions from 2015 through May 12, 2026. That stretch covers roughly 3,940 days, or 10.8 years. Around 21:47 UTC on May 13, 2026, the wallet became active. It first executed nine small test transactions, including dust amounts near 0.0000001 .　　The holder then moved approximately 790.1739 across two transfers, 1 followed by 789.17388714 , to a brand-new receiving address identified as 0x0b9bcde72cd4390a9f91f5f52a29e0535e695942. That destination wallet had zero prior history and was created for this transfer.　　At approximately $2,257 per at the time of the move, the transferred balance carried a value near $1,782,979. Alert was the first major onchain monitoring account to flag the transfer publicly. The math on the return is straightforward. A $244 entry at genesis pricing grew to roughly $1.783 million at the time of the move.　　That represents approximately a 7,300-fold return over 10.8 years. Had the holder moved during s all-time high near $4,878, the same stack would have been worth over $3.85 million. The original address retains a small residual balance near 0.000024 along with negligible legacy token holdings, including minor amounts of LPT and OMG from early decentralized finance experiments.　　Those positions carry minimal dollar value. No signs currently point

05-14Ethereum

UK government bonds and sterling fall as pressure on Starmer rises

Tech　　UK government bonds and sterling fall as pressure on Starmer rises　　Britain‘s bond market just flashed a warning signal that investors haven’t seen in nearly three decades. The 30-year gilt yield surged to 5.825% on May 12, the highest it has been since 1998, while the 10-year yield climbed to 5.13%, a peak not reached since the 2008 financial crisis.　　The catalyst isn‘t an external shock or a central bank surprise. It’s politics. Approximately 80 Labour MPs have called for Prime Minister Keir Starmer to resign following the partys bruising losses in local elections, and markets are repricing the risk of governing a country whose leadership may be in freefall.　　Whats actually happening in gilt markets　　Sterling fell alongside the bonds, declining against the dollar as traders connected the same dots. The FTSE and broader equity markets also dropped on May 12, completing a trifecta of bad news across UK asset classes.　　For context, the last time UK bond markets moved this aggressively on political uncertainty was September 2022, when Liz Truss‘s mini-budget sent gilt yields spiraling and ultimately ended her 49-day premiership. The current selloff hasn’t reached that level of acute panic, but the direction is unmistakable.　　The political backdrop　　Nearly 80 Labour MPs demanding a

05-14Industry

DeFi App Legend Shuts Down After Missing Growth Targets

Solana DeFi aggregator Step Finance said it was closing down in February after a $40 million treasury wallet breach in January, and DeFi derivatives protocol Polynomial also ceased operations in February.　　Balancer Labs, the team behind the DeFi protocol Balancer, shuttered in March after mounting financial pressure following a $116 million hack in November.　　Meanwhile, Seamless Protocol, a DeFi lending protocol on Base, said it was winding down in April, blaming volatile market conditions.　　Users dont care whether product is onchain or not　　Legend is a non-custodial, mobile-first DeFi aggregator launched around late 2024 by former Compound Finance executives, including CEO Hobby. It is used for earning, trading, borrowing and swapping assets like stablecoins and Ether via integrations with other DeFi protocols such as Aave, Compound and Uniswap.　　It aimed to bring DeFi to its users rather than forcing them to sign into multiple different wallets or applications to use their crypto.　　It announced its first funding round, raising $15 million from Andreessen Horowitz and Coinbase Ventures, in February 2025.　　However, Hobby said that mainstream users dont care if a product is onchain or not. “They want outcomes,” he said. “Better yield, faster payments, more control over their money.”　　“The product that wins isn‘t the one that explains

05-14Industry

DeFi Group Warns Clarity Act Amendments Threaten Developers

Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology.　　From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations.　　In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasnt until 2020 that she started to dive into the depth of the industry. As Rubmar began to

05-14Industry

SOL Price Prediction: $105 Target Within 7 Days Despite Momentum Stall

The Immediate Setup　　Solana‘s current position at $95.26 screams indecision. Trading just $2.30 below the upper Bollinger Band at $97.56, SOL is testing critical resistance with momentum indicators flashing mixed signals. The MACD histogram sits at absolute zero – a classic sign that the previous bullish momentum has completely stalled out. Meanwhile, RSI at 65.47 shows buyers haven’t capitulated but arent aggressively pushing either.　　What‘s particularly telling is how SOL has carved out this tight range between $93.55 and $96.31 over the past 24 hours. This compression pattern typically precedes explosive moves, and with Blockchain.news tracking similar setups across major altcoins, the question isn’t if SOL breaks out, but which direction it chooses.　　Key Levels Exposed　　The technical picture reveals a battlefield between bulls and bears at precisely defined zones. Strong resistance clusters around $97.80, just above the Bollinger upper band, creating a formidable ceiling that‘s rejected multiple attempts. Below, immediate support at $93.77 aligns perfectly with the 7-day moving average at $93.85, forming a defensive line that’s held firm.　　The most critical insight comes from SOLs position above all short-term moving averages but still trading 15% below the 200-day SMA at $112.49. This creates a unique setup where momentum remains constructive on shorter timeframes

05-14Industry

DeFi Group Warns Clarity Act Amendments Threaten Developers

Tech　　DeFi Group Warns Clarity Act Amendments Threaten Developers　　Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology.　　From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations.　　In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasnt until 2020 that she started to dive into the depth

05-14Industry

XRP Price Prediction: $2.70 Breakout Target as Institutional Accumulation Accelerates - 60% Probability by Q2 2026

Market Context: Institutional Momentum Building　　XRP has entered a critical consolidation phase at $1.46, trading above essential moving averages while institutional demand accelerates beyond retail participation. The RLUSD adoption momentum and regulatory clarity gained throughout 2024-2025 have eliminated the compliance overhang that previously suppressed price action.　　Current positioning above the 20-day SMA at $1.41 and sustained elevation over the 50-day at $1.39 demonstrates underlying accumulation rather than distribution. This sideways action represents methodical institutional positioning ahead of anticipated product launches and Blockchain.news has documented consistent whale wallet activity supporting this thesis throughout Q1 2026.　　Technical Convergence Points　　The momentum picture reveals transition rather than indecision across multiple timeframes. RSI maintains equilibrium at 57.81 in neutral territory while MACD histogram flatlining at zero indicates coiled energy rather than exhaustion. These indicators typically precede major moves when combined with the current volume characteristics.　　Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.　　Full XRP price, calculator & analysis　　Bollinger Band positioning tells the accumulation story clearly. Trading at 0.85 band position means XRP rides upper resistance at $1.48 without breaking through, creating compressed volatility that historically resolves upward when supported by institutional flow. The 4.19% increase in open interest over

05-14Industry

Saudi-Linked Bank Raises Strategy Holdings by 53%

Tech　　Saudi-Linked Bank Raises Strategy Holdings by 53%Gulf International Bank raised its Strategy stake as institutions expand Bitcoin-linked exposure.Strategys value swings with Bitcoin, posting big losses during price declines in early 2026.Despite volatility, Strategy stock remains up year-to-date on renewed Bitcoin recovery.　　Gulf International Bank has increased its investment in Strategy as institutional interest in Bitcoin-linked stocks continues to grow. A recent filing from the banks UK unit showed it raised its Strategy holdings by 53% to 20,207 shares worth about $3.76 million.　　The disclosure, highlighted by BitcoinTreasuries.NET on May 13, comes as more financial institutions seek exposure to Bitcoin through publicly traded companies.　　Strategy, led by Michael Saylor, has become closely tied to Bitcoin after building one of the largest corporate Bitcoin reserves. As a result, many investors now treat the companys stock as an indirect way to gain exposure to the cryptocurrency market. The latest purchase also follows a recovery in Bitcoin prices after a weaker start to the year for digital assets.　　Gulf Investors Deepen Bitcoin Exposure　　Gulf International Bank operates under Saudi-linked ownership, including ties to the Public Investment Fund. The bank manages large asset portfolios across the Gulf and has gradually increased exposure to alternative investments. Its latest increase in holdings

05-14Industry

Nigel Farage Faces Standards Probe Over Undeclared £5M Gift

Tech　　Nigel Farage Faces Standards Probe Over Undeclared £5M GiftThe Parliamentary Standards Commissioner is investigating whether Nigel Farage broke Commons rules.The inquiry concerns a £5 million gift from Reform UK backer Christopher Harborne.Farage says he had no duty to declare the gift, as it came before he became an MP.　　Nigel Farage is facing a parliamentary standards commissioner inquiry over a £5 million gift from billionaire Reform UK backer Christopher Harborne. The investigation will examine whether the Reform UK leader broke Commons rules by not declaring the payment after entering Parliament.　　Farage has said the money was a personal and unconditional gift, made before he became an MP. However, opposition parties argue the payment should have appeared in the MPs register of interests after his election in 2024.　　Watchdog Reviews £5M Gift　　The inquiry follows a complaint from the Conservative Party to Parliaments standards watchdog. The Conservatives asked officials to examine whether Farage should have declared the £5 million payment under Commons transparency rules.　　A Reform UK spokesman said Farages office is in contact with the Parliamentary Commissioner for Standards. The spokesman added, “He has always been clear that this was a personal, unconditional gift, and no rules were broken. We look forward to this being

05-14Industry

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