Author: WebDesk

Bittrex has asked a U.S. federal court to overturn its $24 million settlement with the Securities and Exchange Commission after the regulator abandoned the crypto enforcement approach used against the exchange under the Biden administration. Summary Bittrex has asked a federal judge to cancel its $24 million SEC settlement after the regulator dropped similar crypto cases. Court filings stated that the SEC now no longer considers most crypto tokens to be securities under its current approach. The bankrupt exchange has also requested that the SEC return funds before the money is transferred to former customers through the Treasury Department. According…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is struggling to push above $2,400 as buying pressure builds against resistance that has capped the recovery at every recent attempt. The market is heating up — but a CryptoQuant analyst has examined the derivatives data and found a reading that adds important structural context to both the difficulty at the current level and the potential for what comes after it. The Binance Ethereum Futures Power 30D Change index has moved back into positive territory, registering a current reading of 0.026. In practical terms, this means…

Luisa Crawford May 07, 2026 05:55 Pump.fun traders rebound after years of losses, with 70% in profit by March 2026. What’s driving the turnaround? After two years of persistent losses, traders on the meme coin platform Pump.fun are staging a striking comeback. According to CoinGecko data, 70% of Pump.fun wallets recorded profits in March 2026, a significant leap from the platform’s low point in June 2025, when only 30.1% of traders were in the green. By April 2026, profitability had climbed further to 73.3%, solidifying the trend reversal. Pump.fun, launched in January 2024,…

Solana is returning to the price zone that opened up one of the strongest rallies in the altcoin market during the 2023–2024 period, as SOL currently fluctuates around $88–90 after weeks of sideways movement.Some recent technical analyses have begun to reiterate the “20X rally zone” narrative as SOL returns to the price range that served as an accumulation zone before the major breakout of the previous cycle. However, the current market context differs significantly from the recovery period following the FTX collapse in 2022.SOL Revisits a Key Historical ZoneSOL is currently trading around $88–90, above the local bottom of ~$67…

In a market conditioned to false starts and hollow promises, few catalysts land with the precision of a platform upgrade backed by 950 million users. That is precisely what the TON blockchain delivered in the first week of May 2026 — and the token markets responded with a force that caught even seasoned traders off-guard.DOGS, the meme-adjacent token native to the TON ecosystem, recorded a 43.2% swing in a single 24-hour window — rebounding from a low of $0.0000512 to an intraday high of $0.0000733. Over the broader three-day window following Telegram founder Pavel Durov’s back-to-back announcements, DOGS surged more…

For much of 2026, ONDO remained largely ignored by the broader crypto market. After falling sharply from its late-2024 all-time high of $2.14, the token spent months trading sideways between $0.20 and $0.30 while attention shifted elsewhere. Recently, however, analysts have begun revisiting ONDO as both technical indicators and institutional developments point toward renewed momentum.Technical Signals Suggest a Breakout AttemptFrom a chart perspective, ONDO has spent months moving within a broad descending channel marked by lower highs and gradually stabilizing lows. The $0.20–$0.30 range repeatedly absorbed selling pressure without collapsing further, leading some traders to view the zone as a…

The White House is pushing to pass the Digital Asset Market Clarity Act before July 4, according to Patrick Witt, the administration’s digital assets adviser.Witt said that the Senate Banking Committee is expected to advance the bill this month and that most major disputes have been resolved. On the stablecoin yield question, which had been one of the most contested issues, he said a compromise has been reached though both the crypto industry and banks remain unhappy with the outcome.“I’m very bullish, cautiously optimistic,” Witt said about the bill’s prospects.Senate Banking Committee Chairman Tim Scott described the bill as “in…

Bitcoin is pushing toward $82,000 as the market tests a resistance level that has capped every recent attempt at higher prices. The recovery from the March lows has been constructive, but the next meaningful move requires breaking through overhead that has so far absorbed every bullish effort. An XWIN Research Japan analysis has identified a structural target above the current price that gives the current test a specific forward context. Related Reading The analysis explains a mechanism that experienced Bitcoin traders reference regularly but that many participants have never had fully explained: the CME gap. Bitcoin futures on the Chicago…

James Ding May 07, 2026 01:35 JPMorgan, Mastercard, and Ondo Finance complete first US Treasury fund transfer on XRP Ledger, signaling TradFi-crypto convergence. JPMorgan and Mastercard, working with Ondo Finance, have executed the first cross-border transfer of a tokenized US Treasury fund through Ripple’s XRP Ledger (XRPL). This pilot marks a significant milestone in merging traditional finance (TradFi) with blockchain technology, delivering real-time settlement outside standard banking hours. The transaction involved Ondo Finance redeeming the Ondo Short-Term US Government Treasuries (OUSG) fund on XRPL. Mastercard’s Multi-Token Network routed settlement instructions through JPMorgan’s blockchain…

Key TakeawaysCircle supported OCC rules for payment stablecoins under a national licensing framework.Uniform standards could reduce arbitrage, protect users, and support trusted digital dollars.Final rules may shape redemption, reserves, supervision, and issuer competition nationwide. Circle Backs National Stablecoin Licensing Standards Circle Internet Group (NYSE: CRCL) revealed May 5 that it had submitted comments on May 1 to the Office of the Comptroller of the Currency (OCC) regarding the regulator’s proposed GENIUS Act rule. The filing supports a national licensing regime for payment stablecoins and clearer oversight standards for dollar-backed digital payment instruments. The OCC proposal sets standards for reserves, redemption,…