Crypto Industry News & Market Trends

Zcash (ZEC) Price Prediction: ZEC Reclaims $540 as Bulls Eye $600 and Higher Liquidity Zones

ZEC price prediction improves as ZEC reclaims $540, with a bullish structure, rising social dominance, and upside targets near $600, $643, and $750.　　ZEC price is back in focus after a strong recovery pushed the price above a key reclaim zone. According to Brave New Coin data, ZEC is trading near $553.36, up around 5.43% over the past 24 hours, with a market cap of roughly $9.23 billion. The latest 24-hour range shows ZEC moving between $518.07 and $557.04, reflecting renewed volatility after buyers stepped back in.　　ZEC Reclaims the $540 Macro Level　　The 4-hour chart shared by Ardi shows ZEC moving inside a descending channel after a strong earlier rally. Price had been producing lower highs through the correction, with each recovery attempt getting rejected near the upper channel resistance.　　The key change now is the reclaim around the $540 macro support/resistance zone. This level was marked as lost support on the chart, but ZEC price has now pushed back above it, creating what looks like a possible compound breakout. That means price is not only trying to escape the descending channel, but also attempting to reclaim a major horizontal level at the same time.　　ZEC is now testing whether the move above $540

05-19Industry

Brent Oil Eyes $115 Breakout After Trump’s ‘Clock Ticking’ Warning to Iran

Brent crude oil price climbed near $111 on Monday after President Donald Trump warned that Irans “clock is ticking.” The weekend Truth Social post fueled fresh fears of a renewed Middle East conflict that could choke global supply.　　The International Energy Agency flagged record inventory depletion in its latest monthly update. The daily Brent crude chart now shows a symmetrical triangle approaching the apex that often dictates direction.　　Trump‘s post on Iran / Source: Truth SocialDaily Triangle Sets Stage for Brent’s Next Big Move　　The daily Brent crude oil chart shows price coiling inside a symmetrical triangle. The pattern began forming on March 19. Such patterns typically resolve once price travels roughly 70 to 80 percent of the way to the apex. The current setup is approaching that threshold.　　The triangle traces lower highs and higher lows. Point A sits near $120, point B near $92, point C near $116, and point D near $100. The squeeze suggests a directional decision is close.　　This compression marks the second re-accumulation zone for oil. It sits above the first base built between December 22, 2025, and February 26. From that earlier zone, Brent broke out and produced a sharp rally toward $120.　　The Relative Strength Index (RSI) reads

05-18Industry

SBI Drives XRP Toward Tokyo Stock Exchange, $32B Target

Japan‘s XRP Moment: SBI’s Push Toward the Tokyo Stock Exchange Could Change Everything　　Japans relationship with XRP is entering a more assertive phase, fueled by rising institutional experimentation that is steadily erasing the boundary between traditional finance and digital assets.　　At the center of this shift is SBI Group, which is reportedly with plans to bring XRP-linked investment products closer to mainstream capital markets.　　One of the most closely watched proposals is a Bitcoin and XRP ETF that could be listed on the Tokyo Stock Exchange, with projections targeting as much as $32 billion in assets under management within three years of launch. While regulatory approval is still pending, the trajectory is increasingly difficult to ignore.　　Japans Financial Services Agency Financial Services Agency of Japan is currently reviewing frameworks that would formally classify crypto assets as financial instruments.　　If adopted, the shift would be significant: it would move crypto from fragmented, niche investment channels into fully regulated brokerage systems, placing it alongside equities, bonds, and managed funds already accessible to millions of retail investors.　　Japans Crypto Shift Accelerates as SBI Expands XRP and Brokerage Integration　　SBI Securities and Rakuten Securities are moving toward launching their own crypto investment products, signaling a clear shift in Japans brokerage industry

05-18Industry

XRP News: Ripple and Validators Approve Critical XRP Ledger (XRPL) Upgrade

In todays big XRP news, Ripple has officially released a major upgrade to XRP Ledger (XRPL). The major upgrade introduces significant fixes to NFTs, permissioned domains, vaults, and the Lending protocol, boosting network stability and security.　　Community Eyes Major XRPL Ledger (XRPL) 3.1.3 Upgrade　　According to the XRPL blog, Ripple developers announced the rippled version 3.1.3 upgrade, introducing the fixCleanup3_1_3 amendment that contains fixes for NFTs, Permissioned Domains, Vaults, and the Lending Protocol.　　Ripple emphasized the importance of the changes by setting the default vote to Yes in the new release. It requires all nodes to upgrade immediately for continued network participation.　　Notably, it fixes an issue with expired ‘NFT token offer’ entries remaining on the XRP Ledger. The upgrade will ensure Permissioned Domains arent modified by failed transactions and fix a trust line token limit check when withdrawing vault assets.　　It fixes loan accounting information, removes loan overpayments, and adds an additional check for cover matching assets held. Moreover, these changes protect data integrity, enforce transaction rules, and prevent potential ledger corruption in advanced DeFi and tokenized-asset use cases.　　Ripple and XRP Validators Nod Progress to Go Live on Mainnet　　The amendment in the XRP Ledger upgrade receives 97.14% approval from Ripple, Arrington XRP Capital, and

05-18Industry

Why is Ethereum Down? Blame Oil Prices

A massive red cliff at the far right of the chart shows that the inverse correlation between Ethereum and oil has plunged to roughly -0.40 (the highest level of negative correlation ever). Simply put, as oil prices surge upward, Ethereum is being sold off.　　The two lines track each other with eerie precision. From mid-April through May, every localized spike in oil is matched by a drop in Ethereum‘s price. A plunge in the inverted oil line mirrors Ethereum’s recent steep sell-off almost perfectly.　　An eventual reversal in oil prices will likely be a powerful price catalyst for Ethereum (ETH).　　Tactical noise　　Lee, who spearheads ETH treasury giant Bitmine, remains highly bullish on Ethereum in the long term despite temporary headwinds.　　The permabull views the current price action merely as “short-term tactical noise”.　　Lee has stressed that true macroeconomic drivers for the leading altcoins remain firmly intact despite the poor performance of the altcoin.　　Fundstrat expects Ethereum prices to end up rallying because of this once energy markets calm down.　　In the meantime, ETH/BTC recently plunged to 0.027, the lowest level since mid-July.

05-18Ethereum

Samsung Electronics Surges Nearly 4% as Seoul Intervenes to Prevent Massive Chip Strike

Compensation lies at the core of the conflict. The companys primary labor union, which represents more than 45,000 employees, is demanding that Samsung allocate 15% of its yearly operating profit toward a collective bonus fund. Additionally, the union seeks elimination of the existing 50% ceiling on annual compensation. Company leadership has resisted these demands, maintaining that performance-based incentives should determine bonus structures.　　Employees within Samsungs semiconductor manufacturing operations had planned to initiate their 18-day work stoppage on May 21 should negotiations collapse. This rapidly approaching deadline prompted swift action from government officials in Seoul.　　Prime Minister Kim Min-seok warned during the weekend that allowing a strike would inflict “unprecedented economic damage.” He announced Seouls commitment to exploring every available option, including emergency arbitration procedures, to avert the walkout — a legal tool that would suspend any industrial action for 30 days.　　Additionally, a South Korean judicial body warned the union of potential daily fines approaching 100 million won ($66,500) should it proceed with strike activities against court directives.　　President Lee Jae Myung also weighed in, stating via social media that management prerogatives deserve equal respect alongside workers rights.　　Understanding the Critical Stakes　　Samsung represents far more than just another corporation. The conglomerate generates 22.8% of South

05-18Industry

Hyperliquid Jumps 5% as Bitwise’s $4.3M HYPE ETF Debut Triggers Short Squeeze

Just days after plunging nearly 10% on reports that rivals ICE and CME had urged U.S. regulators to target Hyperliquid, HYPE jumped by more than 5% Monday. The tokens surge came amid a sell-off across the market that saw tumble below $77,000 for the first time in more than two weeks.　　Market data show that at midnight, HYPE not only matched its May 15 peak of just under $47, but it also briefly surpassed that threshold. While the token had retreated to $45.50 by 5:11 a.m. EDT, the surge brought its market capitalization to $10.85 billion, a nearly $1 billion increase from the $9.9 billion observed on May 16.　　In the derivatives market, HYPEs climb triggered the of $7.1 million in leveraged positions, with shorts accounting for approximately 75% of the total. According to Coinglass, some 2,279 HYPE traders were liquidated worldwide; at $877,299, the largest single involved the token.　　While the reported attempts by rivals CME and ICE to have regulators scrutinize Hyperliquid seemingly triggered the token‘s Saturday plunge, analysts believe Bitwise’s launch of exchange-traded funds (ETFs) the previous day played a role in its recovery. The first spot ETF for HYPE and the first to incorporate in-house , BHYP officially began

05-18Industry

Bank of America 7 Eleven settlement: $2.25M payouts

Consumers hit with repeated ATM balance inquiry fees now have a path to compensation through the Bank of America 7 Eleven settlement involving FCTI‑operated machines in convenience stores.　　What is the Bank of America 7‑Eleven settlement about？　　The Bank of America 7‑Eleven settlement stems from a class action lawsuit, Schertzer, et al. v. Bank of America N.A., et al., Case No. 3:19-cv-00264-DMS-MSB. Plaintiffs alleged that Bank of America improperly charged customers multiple out-of-network balance inquiry fees during a single visit to certain FCTI-owned ATMs located in 7‑Eleven stores.　　According to the complaint, some customers incurred more than one out-of-network balance inquiry fee even though they believed they were making only one balance check. Therefore, the lawsuit focused on whether Bank of Americas fee assessment practices at these FCTI 7‑Eleven ATMs were unfair or deceptive.　　Bank of America has agreed to pay $2.25 million to resolve the case. However, as is typical in many financial services settlements, the bank has denied any wrongdoing and maintains that its practices complied with applicable rules and disclosures.　　Who qualifies for compensation under the settlement？　　Eligibility is narrowly defined. The settlement applies only to specific ATM transactions and a specific time period. Consequently, not every Bank of America customer who used

05-18Industry

Bitget Introduces Delta Neutral Mode for Hedged Trading Strategies

Bitget, the worlds largest Universal Exchange (UEX), has introduced Delta Neutral Mode within its Unified Trading Account, adding a new risk management feature designed for traders using hedging and arbitrage strategies across spot, margin, and futures markets. The feature applies differentiated auto-deleveraging (ADL) ranking treatment to eligible hedged positions when accounts meet predefined delta neutrality criteria.　　Delta Neutral Mode allows users to combine spot, cross margin, and cross futures trading under a single unified account structure while the system evaluates directional exposure at both the account and asset levels. Eligible positions that satisfy the neutrality thresholds receive lower ADL priority during extreme market conditions, helping reduce the likelihood of auto-deleveraging for properly hedged strategies.　　The feature is designed for traders running funding rate arbitrage, basis trading, market-neutral strategies, and quantitative hedging models. It supports USDT-M, USDC-M, and Coin-M futures across live trading and demo trading environments, with ongoing rollout across web, app, and API access channels.　　“Trading infrastructure continues evolving toward more sophisticated multi-strategy environments where users actively manage exposure across spot, derivatives, and onchain markets simultaneously. Delta Neutral Mode adds more flexibility for traders using hedging and arbitrage strategies while improving how risk treatment is handled within a unified account structure,” said

05-18Industry

Elon Musk and Sam Altman face off in OpenAI lawsuit trial

Two of the most powerful people in artificial intelligence are now sitting across from each other in a federal courtroom instead of a boardroom. Elon Musk and Sam Altman, who co-founded OpenAI with a stated mission to develop AI for the benefit of humanity, are locked in a jury trial that could reshape how the world thinks about nonprofit promises in the age of billion-dollar technology.　　The trial, which began with jury selection on April 27, 2026, in the US District Court for the Northern District of California, centers on Musks allegation that OpenAI abandoned its founding principles. In English: Musk says he gave roughly $44 million to a charity, and that charity turned itself into a profit machine partnered with Microsoft.　　What Musk is actually claiming　　Musk filed the lawsuit on February 29, 2024, naming OpenAI, Altman, and others as defendants. His core argument is straightforward: OpenAI was created as a nonprofit with the explicit goal of pursuing artificial general intelligence, or AGI, for the public good. Instead, Musk alleges, the organization pivoted to a profit-seeking model that benefits insiders and corporate partners rather than humanity at large.　　The approximately $44 million Musk donated to OpenAI forms the financial backbone of his case.

05-18Industry

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