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Ethereum price slips as outflows hit 2024 low: What next?

Ethereum　　Ethereum price slips as outflows hit 2024 low: What next？　　Ethereum traded below the $2,000 level as on-chain activity weakened and short-term technical indicators stayed under pressure.Ethereum exchange withdrawals fell to 16.05 million ETH, their lowest level since June 2024.Failed transactions and exchange inflows have increased slightly as ETH trades below $2,000 support.RSI near 29.69 places Ethereum close to oversold levels, but sellers still control momentum.　　The move came as exchange withdrawal data dropped to its lowest level since June 2024, while failed transactions and exchange inflows showed fresh signs of network and market stress.　　Ethereum withdrawals fall to June 2024 low　　Data from the Ethereum Exchange Outflow 30D indicator showed that total withdrawals from exchanges fell to about 16.05 million ETH. Arab Chain said the reading marked the lowest level since June 2024.　　Lower exchange withdrawals can show that fewer users are moving ETH away from trading platforms. This often points to slower long-term accumulation, especially when price action remains weak or range-bound.　　Binance led Ethereum withdrawals with about 7.00 million ETH. OKX followed with around 1.43 million ETH, while Coinbase Prime ranked third with about 1.12 million ETH. Kraken, Bitget, and HTX Global recorded lower withdrawal activity.　　Source: CryptoQuant　　The drop does not give a direct

05-28

Bit Digital backs WhiteFiber with $100M Ethereum-linked loan

Bit Digital is extending a $100 million loan facility to a WhiteFiber subsidiary as it links its Ethereum treasury strategy with its AI infrastructure business.Bit Digital originated a $100 million loan facility to support WhiteFibers AI infrastructure growth plans.The facility may rise to $150 million if Bit Digital and WhiteFiber reach mutual agreement.Ethereum-backed funding lets Bit Digital retain ETH exposure while seeking returns beyond traditional staking yields.　　The company said the delayed-draw term loan will support WhiteFibers near-term growth plans in high-performance computing and AI infrastructure. The structure also allows Bit Digital to use Ethereum-backed financing while keeping ETH exposure.　　Bit Digital funds WhiteFibers AI buildout　　Bit Digital announced that it originated and served as a lender for a $100 million delayed-draw term loan facility to a WhiteFiber subsidiary. WhiteFiber is the companys majority-owned AI infrastructure and high-performance computing business.　　The loan can be expanded to $150 million if both parties agree. B. Riley Securities purchased part of the term loans from Bit Digital Capital, a wholly owned unit of Bit Digital.　　Bit Digital has established a $100 million financing facility to support @WhiteFiber_s growth, expandable to $150 million.　　The economics are designed to exceed traditional ETH staking yields while supporting the infrastructure expansion of an

05-28

3 Reasons XLM Price is Up 14% Today, May 28, as Stellar Enters Wall Street

Stellar (XLM) price is up 14% today, May 28, to trade at $0.169 at the time of writing. Trading volumes had gone up by 857% to $848 million per CoinMarketCap. XLM price is the only one rising among the top 50 cryptos, and this is because of Stellars entry into Wall Street through DTCC.　　XLM is standing out because its biggest rival, XRP, is down by 3.64% to trade at $1.28 at the time of writing. Bitcoin has dropped below $73,000, and Ethereum is now below $2,000 because of a crypto market decline that has liquidated $934 million in just 24 hours.　　Stellars Partnership With DTCC is Driving XLM Price Gains　　The DTCC said it is working with Stellar to tokenize its custodied assets, and the XLM price went from $0.146 to $0.178 as soon as this partnership was announced.　　DTCC has said that Stellar will enable it to bring traditional assets to the blockchain, and this will lead to deeper liquidity for DTCC users while giving them more transparency. It becomes the latest firm to chase the tokenization hype after Mastercard received a licence in New York to also tokenize deposits.　　The CEO of the Stellar Development Foundation, Denelle Dixon, says the Stellar blockchain

05-28

WORLD token rug pull allegations drag James Wynn back into controversy

For many traders following the situation, the unusually low payout became part of the story itself. Rug pulls in the memecoin sector typically target much larger sums, especially when linked to public figures with large online audiences.　　At the same time, the incident revived discussion around Wynns earlier controversies in crypto markets, particularly his history with leveraged trading and memecoin promotions.　　Earlier memecoin controversies resurface　　Back in October 2025, Wynn faced criticism after publicly promoting a BNB Chain memecoin called YEPE. Shortly after the token surged more than 400%, blockchain analytics platform Bubblemaps reported that insiders controlled roughly 60% of the supply.　　Days later, Bubblemaps said insider wallets had started selling large portions of their holdings, generating roughly $1.4 million in profits while still retaining more than half of the token supply.　　Wynn had previously shared the token address with followers on X while claiming “YEPE is flying” and that the “market has spoken.”　　Long before the WORLD token controversy, Wynn had already become one of the most polarizing personalities in crypto trading circles because of his extreme leverage positions on HyperLiquid.　　During the first half of 2025, Wynn regularly posted screenshots of oversized Bitcoin and memecoin trades using leverage reportedly as high as 40x. At one

05-28

Worldcoin Price Hits 11-Week High as Binance Expands Pre-IPO to OpenAI

Worldcoins WLD token pulled back after reaching an 11-week high above $0.408, as traders reacted to stronger on-chain activity, higher whale participation and new attention around OpenAI-linked market products.　　At press time, at press time, down 9.14% over 24 hours. Despite the daily decline, the token remained up 39.28% over the past week, showing that the latest drop followed a sharp short-term rally.　　Worldcoin, now branded as World, is a co-founded by OpenAI CEO Sam Altman. The project is focused on building proof-of-personhood infrastructure using biometric verification through Orb devices. Its connection to Altman has brought renewed attention as artificial intelligence adoption expands and online identity verification becomes a larger market theme.　　WLD Rally Follows Spike in Network Activity　　Santiment data showed that Worldcoins on-chain activity rose sharply during the latest price rally. Whale transactions reached 64 in 24 hours, the highest level recorded for WLD in 2026.　　Active addresses also climbed to 1,309 in 24 hours, the second-highest level of the year. Network growth reached 379 new wallets in the same period, marking the highest daily reading of 2026.　　Source:　　When whale transactions, active addresses, and new wallet creation rise together, it often shows that both large holders and smaller users are becoming more active at

05-28

Geordie AI Series A raises $30 million for AI agent governance

Geordie AI Series A funding arrives as companies rush to deploy AI agents faster than many security teams can keep up. The London startup has raised $30 million in a round led by Balderton Capital, betting that the next big enterprise problem will not be building more agents, but understanding what those agents can access, connect to, and potentially expose.　　The new round values Geordie AI at $155 million post-money. It also brings in Crosspoint Capital as a new investor, alongside follow-on backing from General Catalyst and Ten Eleven Ventures. For a young company trying to position itself as the independent oversight layer for enterprise AI, the size of the raise suggests investors see AI agent security and governance as a real category, not just a feature.　　The timing matters. Companies are moving from AI copilots to more autonomous software agents that can pull data, call tools, trigger workflows, and act across systems. As a result, enterprises face a new visibility problem, and Geordie is trying to solve it before the sprawl gets worse.　　Geordie AI Series A brings $30 million to enterprise AI governance　　The Geordie AI Series A gives the startup fresh capital to expand engineering and build out its U.S. go-to-market

05-28

Critical Pi Network (PI) Update, Ripple (XRP) Price Crash, and Altcoins in Danger: Bits Recap May 28

There is no local catalyst for the move, and it follows the broader market very closely. It‘s also worth noting that the trading volume increased considerably during the downturn. It’s up more than 42% over the past 24 hours, at $2.44 billion.　　On the other hand, fundamentals associated with the XRP Ledger are seemingly improving, with new proposals aiming to augment the way pools are deployed already underway. The idea is to give more flexibility to pool deployers and developers that would better correspond to the constantly shifting market conditions.　　Altcoins Stress Test: US Govt About to Dump？　　Last but not least for this recap, Arkham Intelligence flagged an on-chain move associated with holdings of the US Government.　　“The US Government just moved $1.9 million of Alameda funds. The USG seized $13 million of Alamedas assets from Binance over 3 years ago. They just moved $1.89M of RNDR, UNI, SAND, MASK, and AXS to Coinbase Prime. Are they about to sell the seized funds？”　　The US Government just moved $1.9 Million of Alameda funds.　　The USG seized $13M of Alamedas assets from Binance over 3 years ago. They just moved $1.89M of RNDR, UNI, SAND, MASK and AXS to Coinbase Prime.　　Its worth noting that the size

05-28

Is IronWallet Legit? A 2026 Look at Security, Custody, and User Trust

IronWallet is a non-custodial multi-chain wallet with no KYC, 10,000+ supported assets, gasless stablecoin transfers, and WalletConnect Pay integration.　　It has grown into an application with more than 3 million users by 2026. New-user searches center on whether IronWallet is legit and what evidence backs the answer.　　Sections below cover what verifies the wallets legitimacy, what custody and privacy architecture protects users, and what concerns are worth weighing honestly.　　Custody Model: Non-Custodial Architecture Verified　　IronWallet security rests on a strictly non-custodial design. IronWallet‘s non-custodial architecture means private keys and the 12-word seed phrase are generated and stored locally on the user’s device, not on external servers. This architecture removes the single point of failure that affects custodial wallets and centralized exchanges.　　Key custody details that verify the non-custodial model:Local key storage: Private keys are generated on the device and never leave it. Server-side breaches cannot expose themZero platform access: The company behind this platform has no ability to freeze accounts, move assets, or recover passwords on a users behalfNo account model: There is no IronWallet “account” to compromise, just a device-stored wallet under the users controlSeed phrase ownership: The 12-word IronWallet seed phrase is the sole recovery mechanism, and only the user possesses it　　This is

05-28

XRP Ledger AMM v2 Proposal Adds StableSwap and Concentrated Liquidity

XRPL Foundation published a new XRP Ledger Standard for AMM v2.The proposal adds StableSwap and concentrated liquidity curves to improve capital efficiency.Vet said the upgrade could improve RLUSD/USDC pricing and help liquidity providers focus capital.　　XRP Ledger developers are moving toward a larger DeFi upgrade after the XRPL Foundation published a new standard for AMM v2. The proposal adds new pool curves designed to improve pricing for stablecoins, FX markets, RWAs, and other assets traded on the XRPL DEX.　　Meanwhile, the network is also facing a separate technical deadline. Validators and infrastructure providers must upgrade to XRPL version 3.1.3 before the fixCleanup3_1_3 amendment activates, or older nodes may lose proper communication with the network.　　XRPL AMM v2 Adds New Pool Curves　　XRPL Foundation said AMM v2 introduces new pool curves for the XRP Ledgers decentralized exchange. The proposal adds StableSwap and concentrated liquidity alongside the existing constant product model.　　According to the Foundation, these curves are meant to increase capital efficiency and stabilize pricing across markets that need tighter spreads. That includes stablecoins, foreign exchange pairs, tokenized real-world assets, and other high-liquidity pools.　　The GitHub proposal, listed as “Amendment XLS: AMM Swappable Curves,” extends XLS-30 with a pluggable curve system. Pool creators would select an invariant

05-28

Robinhood Stock Analysis: 76.6 Resistance, 3 Key Signals

On the daily timeframe, HOOD closed at 76.23, almost exactly on the Bollinger mid-band at 76.21. This placement signals balance after a pullback. (Price at the mid-band often reflects a range equilibrium.) However, the bounce is running into nearby resistance at 76.5–76.7.　　Daily EMAs sit above price: EMA20 76.76, EMA50 78.63, and EMA200 89.06. This keeps the primary trend down. (Being below all three averages shows the longer trend remains unresolved on the downside.)　　Notably, daily RSI14 is 48.54. Momentum is neutral to soft, not yet in bullish control. The daily MACD line is -0.86 versus a -0.52 signal, with a -0.34 histogram. Downside momentum has not flipped positive. (MACD remains below its signal, so the turn higher is incomplete.)　　Daily ATR14 is 3.86. Volatility is elevated and single-day swings remain wide. The daily pivot is 75.44 with R1 at 77.43 and S1 at 74.24. Trading above the pivot tilts near-term risk slightly higher, but R1 looms as the first upside test. The models regime tag is “bearish.” The daily bias therefore stays cautious.　　Intraday setup (1H) for HOOD　　Meanwhile, the 1H chart shows constructive improvement. Price at 76.22 sits above the 1H EMA20 (75.22) and EMA50 (75.52) but still below the 1H EMA200 (76.63).

05-28

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