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Ethereum (ETH) Whales Accumulate $322M as CLARITY Act Nears Senate Markup

Ethereum　　Ethereum (ETH) Whales Accumulate $322M as CLARITY Act Nears Senate MarkupLarge Ethereum holders acquired 140,000 ETH valued at $322 million over a 96-hour period, while prices remained relatively stable around $2,300.Legislative progress on the CLARITY Act in the US Senate follows a breakthrough compromise on stablecoin yield provisions, with markup scheduled for May 11.Over the last month, ETH has climbed approximately 12%, currently changing hands near $2,305.The next significant resistance sits at $2,400 — breaking through could pave the way toward $2,600, followed by $2,800.Support at $2,200 is crucial; losing this level could push ETH back toward the $1,900 territory.　　Ethereum (ETH) maintains its position around $2,305 while major holders discreetly increase their positions and significant US cryptocurrency legislation advances toward a critical vote.　　Ethereum (ETH) Price　　Data published by Ali Charts reveals that substantial ETH investors acquired more than 140,000 ETH during a 96-hour window spanning May 1 through May 3. This represents approximately $322 million in purchasing power. Total whale holdings increased from roughly 13.78 million ETH to nearly 13.98 million ETH. The accumulation pattern suggests deliberate, sustained buying rather than isolated large transactions.　　Whales have gone on a buying spree, accumulating over 140,000 Ethereum $ETH in the last 96 hours, worth

05-03

BlackRock pushes OCC to rethink tokenized reserve limits

BlackRock has urged the Office of the Comptroller of the Currency to revise parts of its proposed GENIUS Act rules. BlackRock asked the OCC to remove a proposed cap on tokenized stablecoin reserve assets.The asset manager wants reserve rules based on liquidity, credit quality, and maturity risk.BlackRocks BUIDL fund is gaining use as institutional collateral across crypto trading platforms.　　The request centers on tokenized reserve assets and the assets that stablecoin issuers may hold.　　BlackRock filed a comment letter asking the OCC to drop a proposed limit on tokenized reserve assets. The firm opposed a possible 20% cap under draft rules for permitted payment stablecoin issuers.　　The asset manager argued that risk should depend on credit quality, maturity, and liquidity. It said the use of a distributed ledger should not decide whether an asset qualifies as safe or unsafe. The argument raises doubts around treating tokenized Treasury products differently from traditional versions.　　GENIUS Act reserve rules face debate　　The GENIUS Act created a federal framework for payment stablecoins in July 2025. The OCCs proposal seeks to apply that framework to issuers under its supervision, including rules for reserves, redemptions, custody, and reporting.　　The OCC proposal says stablecoin issuers must hold reserve assets that are diverse enough

05-03

Ripple’s David Schwartz denies gag order claims as XRP debate grows

Ripple CTO Emeritus David Schwartz has pushed back against claims that a non-disclosure agreement or “gag order” controls his public comments about Ripple and XRP. David Schwartz denied gag order claims, saying no NDA forces him to mislead XRP holders publicly.He questioned $10,000 XRP forecasts, arguing market behavior does not support those claims today now.Ripple secrecy rumors remain disputed as Schwartz says no hidden plan exists to pump XRP.　　The dispute followed fresh community criticism over his recent comments on extreme XRP price targets.　　Schwartz responded after an XRP community member claimed he may be bound by an NDA that prevents him from speaking truthfully about Ripple or XRP. The claim came as users debated whether his recent comments were too cautious.　　He rejected that view and defended his own integrity. Schwartz said, “I would never lie,” while denying that any post-departure agreement forces him to mislead the community.　　The remarks add to a wider debate around Ripple, XRP price expectations, and long-running claims about hidden plans. Crypto.news reported that Schwartz remains one of the most active public voices in the XRP ecosystem, even after stepping back from his day-to-day CTO role at the end of 2025.　　$10,000 XRP target faces pushback　　The latest dispute also

05-03

Dogecoin whale sits on a $3.87mln loss – Will DOGE’s $0.10 support survive?

Tech　　Dogecoin whale sits on a $3.87mln loss – Will DOGEs $0.10 support survive？　　Source: ArkhamDogecoin demand still remains weak, with profit-taking rising　　Interestingly, with Dogecoin [DOGE] seeing some stability around $0.1, it seems most participants are not fully convinced of extended gains.　　As a result, sell-side activity on the spot market has risen substantially. In fact, the memecoin recorded increased sell volume across major exchanges over the past 24 hours.　　Source: Coinalyze　　Binance leads in selling activity, with volume hitting 524 million compared to 455 million in buying volume. This leaves the market with a negative delta of 69 million, suggesting clear seller dominance in the spot market.　　Furthermore, exchange activity also echoed this sell-side activity. Since DOGE reclaimed $0.1 days ago, sellers have remained active on exchanges.　　According to Coinglass data, the memecoin recorded $737.9 million in Spot inflows over the last five days, while Outflows dropped to $721.7 million.　　Source: CoinGlass　　As a result, the Spot Netflow has remained positive over this period. On five day timeframe, the Netflow rose to $16.17 million. On daily charts, the flow remains the same, with Netflow holding around $792k.　　Historically, increased sell-side activity has weakened the market, causing prices to decline if demand fails to keep pace.　　Can DOGE bulls repel bearishness

05-03

Ethereum whales buy $322M ETH as price holds $2,300

Ethereum whale activity has increased as large holders added more ETH over the past four days. Ethereum whales added 140,000 ETH in 96 hours as price remained near $2,300.ETH must hold $2,200 support to avoid renewed pressure toward the $1,900 zone.A clean move above $2,400 may open Ethereums path toward $2,800 resistance.　　According to Ali Charts, whales accumulated over 140,000 Ethereum in 96 hours, worth about $322 million.　　The buying comes as ETH trades near $2,305.11. The asset recorded a 0.1% gain in 24 hours, while it remained down 1.04% over the past seven days. Daily trading volume stood at $6.8 billion.　　Whale holdings rise as ETH price stays flat　　The chart shared by Ali Charts shows a steady increase in Ethereum held by whale wallets. Holdings rose from about 13.78 million ETH to nearly 13.98 million ETH between May 1 and May 3.　　This points to steady buying by large holders, not a single large transfer. The move also suggests that major wallets are adding exposure while price action remains quiet.　　However, traders are still waiting for stronger confirmation. ETH has remained close to $2,300, and market momentum has not yet followed the whale buying trend.　　$2,200 remains key support for Ethereum　　Ethereum is still trading above

05-03

Ethereum Foundation sends 10K ETH to BitMine again

The Ethereum Foundation has completed another over-the-counter ETH sale to BitMine Immersion Technologies. Ethereum Foundation sold 10,000 ETH to BitMine, marking its third OTC deal in two months.Community members questioned repeated ETH sales after the foundation also unstaked about $40 million in assets.The foundation says ETH sales support operations, grants, protocol research, and wider ecosystem development work.　　The move came as the foundation continued to face questions over its treasury activity, grant funding, and recent unstaking of ETH.　　The Ethereum Foundation sold 10,000 ETH to BitMine at an average price of $2,292 per coin. The deal was worth about $22.9 million and marked its third OTC sale to the company in two months.　　The foundation said the sale would support its operating needs. It wrote, “This sale funds the Ethereum Foundations core operations and activities.” It also listed protocol research, ecosystem work, and community grants as funding areas.　　The latest transaction followed another 10,000 ETH sale to BitMine one week earlier. That earlier deal happened at an average price of $2,387 per ETH. In March, the foundation also sold 5,000 ETH to BitMine at about $2,043 per coin.　　Together, the recent sales have renewed debate around how the foundation manages its ETH holdings. Some community

05-03

XRP’s leverage has been flushed out while price holds

Tech　　XRPs leverage has been flushed out while price holds　　XRPs estimated leverage ratio has flattened at low levels, while price has held near $1.39, with a market cap of $85.7 billion and roughly $1.75 billion in daily volume.　　CryptoQuant analyst PelinayPA flagged that traders reduced speculative exposure, and the price didnt follow them down. When leverage runs hot into a rally, crowded longs introduce fragility, and the unwind tends to mirror the move.　　CoinGlass puts XRP open interest at roughly $2.48 billion, sizable and distributed across a market that has shed the crowded positioning that dominated earlier rallies, meaning a fresh positioning that can return to a cleaner book.　　New long-side leverage entering a cleaned-up market can push price harder and faster, with less stale positioning to shake out first.　　Meanwhile, spot weakness can also close the difference if demand fades and leverage stays subdued, price drifts lower until spot and derivatives reach a new equilibrium.　　XRPs estimated leverage ratio fell from 0.201 to 0.160 between March 15 and May 1 while price held near $1.39.Institutional rails and a cleaner legal backdrop　　CME launched XRP futures in May 2025, with more than $19 million in notional volume on the first day, and CME XRP options are live

05-03

Solana’s Founder Warns AI Could Crack Post-Quantum Cryptography Schemes

Solana co-founder Anatoly Yakovenko called artificial intelligence the biggest near-term threat to crypto cryptography. He said AI could break post-quantum cryptography (PQC) signature schemes before the industry hardens them.　　Bitcoin developers and analysts are converging on a consensus over future quantum threats without disturbing Satoshi Nakamotos holdings.　　Yakovenko Pushes Multisig Defense for Post-Quantum Cryptography　　The Solana co-founder argued the industry does not yet grasp the math or implementation weaknesses of PQC.　　He wants wallets to combine multiple signature schemes through two-of-three multisig. This setup could be supported natively in Solanas transaction processor through Program Derived Addresses.　　“I think the biggest risk is that PCQ signature schemes will get broken by AI, we dont know all the implementation footguns even, let alone the math footguns,” Yakovenko warned.　　Curve Finance founder Michael Egorov asked whether formal verification could close the gap. However, according to Yakovenko, verification helps only when developers know exactly what to verify.　　If we know exactly what to verify. Id still like 2/3 different signature schemes.　　— toly ???????? (@toly) May 2, 2026　　He still favors redundancy across two of three independent schemes.　　Bitcoiners Reach Early Consensus on Satoshis Coins　　Alex Thorn, head of firmwide research at Galaxy Digital, said a growing agreement is forming around Satoshis holdings. He cited

05-03

Oil Price Hits $120 as China Blocks US Sanctions on Five Refineries

Traders had already priced in continued Chinese demand for Iranian barrels through opaque shipping channels. Local media reported Hengli alone faces accusations of buying billions of dollars in Iranian crude since 2023.　　Shadow fleet vessels and ship-to-ship transfers helped mask the origins of cargo along the route.　　However, the injunction shields the refiners only from domestic compliance pressure. They remain exposed to dollar-denominated transaction risks through correspondent banking.　　China says it does not recognize US sanctions on Iranian oil purchases and will not comply with them. pic.twitter.com/5qpRfJp04r　　— Current Report (@Currentreport1) May 2, 2026　　Washington warned global banks last week about handling Hormuz-linked trade flows tied to teapot refiners.　　Macro Signal Carries Weight for Crypto and Risk Assets　　A floor under oil prices keeps inflation expectations sticky. That tends to delay rate-cut bets and pressure risk assets across the board.　　Bitcoin (BTC) has historically tracked oil shock cycles, with Middle East disruptions feeding crypto volatility.　　Meanwhile, the order reinforces broader de-dollarization themes circulating through 2026. China has pushed yuan settlement and digital currency rails for cross-border trade.　　Iran has separately demanded crypto-denominated transit fees from tankers passing the Strait of Hormuz.　　A potential Trump-Xi summit looms on the diplomatic calendar. Markets will watch Mondays open for any sustained reaction.　　???????????????? US military

05-03

300% XRP Ledger Skyrockets: Analyzing What Just Happened

Tech　　300% XRP Ledger Skyrockets: Analyzing What Just HappenedXRP remains trappedPayment volumes dont push　　With payment volume rising by about 300% and peaking at 1.245 billion XRP, there was recently a dramatic increase in on-chain activity. Large-scale transfers, institutional routing, or coordinated liquidity movement are usually associated with this type of expansion, which does not occur at random but rather indicates an abrupt spike in network usage.　　XRP remains trapped　　The issue is that this isnt confirmed by the price. XRP is still trapped in a compressed structure on the chart, fluctuating between a declining resistance trendline just under $1.40-$1.45 and a flat support around $1.30.　　XRP/USDT Chart by TradingView　　This is a traditional squeeze setup, but the moving averages are declining as it forms. The price consistently fails to recover the 50 and 100 EMAs, which are still pointing downward. This is controlled consolidation within a larger downtrend, not bullish positioning.　　Bitcoiners Agree Satoshis Coins Must Remain Untouched　　Ripples Schwartz Shuts Down Gag Order Rumors　　Payment volumes dont push　　What does the 300% spike signify then？ Although they frequently precede volatility, payment volume spikes do not determine direction. They frequently show redistribution–big players shifting inventory between wallets or exchanges. The fact that the price didnt rise right away after

05-03

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