Structural Indicators of Long-term Institutional Ethereum Adoption Building: SharpLink
• Ethereum's price has remained around $2,000 since February, with no significant recovery, despite ongoing long-term institutional adoption indicators.
• Staking activity continues to grow, with 38.7 million ETH staked, while exchange balances have dropped to a multi-year low, indicating a supply constraint.
• Institutional interest in Ethereum is highlighted by major firms like BlackRock and JP Morgan launching tokenized funds, yet these developments have not yet positively impacted ETH prices, which remain significantly below all-time highs.
https://cryptopotato.com/structural-indicators-of-long-term-institutional-ethereum-adoption-building-sharplink/
• Ethereum's price has remained around $2,000 since February, with no significant recovery, despite ongoing long-term institutional adoption indicators.
• Staking activity continues to grow, with 38.7 million ETH staked, while exchange balances have dropped to a multi-year low, indicating a supply constraint.
• Institutional interest in Ethereum is highlighted by major firms like BlackRock and JP Morgan launching tokenized funds, yet these developments have not yet positively impacted ETH prices, which remain significantly below all-time highs.
https://cryptopotato.com/structural-indicators-of-long-term-institutional-ethereum-adoption-building-sharplink/
CryptoPotato
Structural Indicators of Long-term Institutional Ethereum Adoption Building: SharpLink
Ethereum digital asset treasury SharpLink is confident that institutional adoption is increasing despite bearish spot prices.
Pi Network’s PI Attempts Comeback as Team Drops Important KYC Announcement
• Over 18.1 million users have passed Pi Network's KYC verification, with more than 16.7 million migrating to Mainnet.
• Some users remain in "Tentative KYC" status, requiring additional verification to ensure authenticity and filter out bots.
• Despite recent price declines, Pi Network's token has slightly rebounded and returned to the top 50 altcoins by market cap, currently valued at $1.8 billion.
https://cryptopotato.com/pi-networks-pi-attempts-comeback-as-team-drops-important-kyc-announcement/
• Over 18.1 million users have passed Pi Network's KYC verification, with more than 16.7 million migrating to Mainnet.
• Some users remain in "Tentative KYC" status, requiring additional verification to ensure authenticity and filter out bots.
• Despite recent price declines, Pi Network's token has slightly rebounded and returned to the top 50 altcoins by market cap, currently valued at $1.8 billion.
https://cryptopotato.com/pi-networks-pi-attempts-comeback-as-team-drops-important-kyc-announcement/
CryptoPotato
Pi Network's PI Attempts Comeback as Team Drops Important KYC Announcement
PI returned to the top 50 alts by market cap after a brief hiatus.
BTC Recovers From CPI-Induced Dip, Viral Token Plunges by 17% Daily: Market Watch
• BTC dipped below $80,000 after the CPI announcement indicated rising inflation but rebounded to around $81,000 shortly thereafter.
• Binance Coin (BNB) surpassed XRP in market cap with a 2.5% increase, while DOGE solidified its position in the top 10 alts with a 2% rise.
• The total crypto market cap remains steady at approximately $2.780 trillion, with NEAR being the top gainer, rising nearly 6%.
https://cryptopotato.com/btc-recovers-from-cpi-induced-dip-viral-token-plunges-by-17-daily-market-watch/
• BTC dipped below $80,000 after the CPI announcement indicated rising inflation but rebounded to around $81,000 shortly thereafter.
• Binance Coin (BNB) surpassed XRP in market cap with a 2.5% increase, while DOGE solidified its position in the top 10 alts with a 2% rise.
• The total crypto market cap remains steady at approximately $2.780 trillion, with NEAR being the top gainer, rising nearly 6%.
https://cryptopotato.com/btc-recovers-from-cpi-induced-dip-viral-token-plunges-by-17-daily-market-watch/
CryptoPotato
BTC Recovers From CPI-Induced Dip, Viral Token Plunges by 17% Daily: Market Watch
TON, ONDO, and PENGU are also deep in the red, while some TRUMP-related tokens are up by 4-5% daily.
21Shares Hyperliquid ETF Debuts With $1.8M in Trading Volume
• The first US spot ETF tracking Hyperliquid's HYPE token, ticker $THYP, launched on Nasdaq on May 12, 2026, with $1.8 million in trading volume on its first day.
• The ETF, issued by 21Shares, is physically backed by HYPE tokens, has a 0.30% management fee, and allows for staking, though it carries volatility risks.
• Despite a solid debut, THYP's first-day volume was significantly lower compared to other recent ETF launches, such as Morgan Stanley's Bitcoin ETF, which garnered $34 million.
https://cryptopotato.com/21shares-hyperliquid-etf-debuts-with-1-8m-in-trading-volume/
• The first US spot ETF tracking Hyperliquid's HYPE token, ticker $THYP, launched on Nasdaq on May 12, 2026, with $1.8 million in trading volume on its first day.
• The ETF, issued by 21Shares, is physically backed by HYPE tokens, has a 0.30% management fee, and allows for staking, though it carries volatility risks.
• Despite a solid debut, THYP's first-day volume was significantly lower compared to other recent ETF launches, such as Morgan Stanley's Bitcoin ETF, which garnered $34 million.
https://cryptopotato.com/21shares-hyperliquid-etf-debuts-with-1-8m-in-trading-volume/
CryptoPotato
21Shares Hyperliquid ETF Debuts With $1.8M in Trading Volume
While called a "very solid day" by analysts, the $1.8M volume sits well below other recent ETF launches, such as Morgan Stanley's.
Why Ripple (XRP) Accumulation Continued Despite Market Fear and Liquidations
• The XRP Ledger has reached a record 332,230 wallets holding at least 10,000 XRP, indicating a steady growth trend since June 2024.
• The increase in large XRP wallets suggests long-term confidence among investors, who are accumulating the asset despite market volatility.
• Institutional interest in XRP is rising, with potential for clearer commodity classification and significant inflows into XRP ETFs projected to reach between $4 billion and $8 billion by the end of 2026.
https://cryptopotato.com/why-ripple-xrp-accumulation-continued-despite-market-fear-and-liquidations/
• The XRP Ledger has reached a record 332,230 wallets holding at least 10,000 XRP, indicating a steady growth trend since June 2024.
• The increase in large XRP wallets suggests long-term confidence among investors, who are accumulating the asset despite market volatility.
• Institutional interest in XRP is rising, with potential for clearer commodity classification and significant inflows into XRP ETFs projected to reach between $4 billion and $8 billion by the end of 2026.
https://cryptopotato.com/why-ripple-xrp-accumulation-continued-despite-market-fear-and-liquidations/
CryptoPotato
Why Ripple (XRP) Accumulation Continued Despite Market Fear and Liquidations
XRP wallet growth among larger holders accelerated again after a temporary decline.
Bitcoin and Ethereum Arrive on Wall Street Giant Charles Schwab for Selected Retail Clients
• Charles Schwab has launched Schwab Crypto accounts for retail clients, enabling direct trading of Bitcoin and Ethereum, though some states are excluded.
• Users must have an eligible brokerage account to access crypto trading, with a 75-basis-point trading fee and custodial services provided by Schwab Premier Bank and Paxos.
• In Q1 2026, Schwab reported a net income of $2.5 billion and a 16% revenue increase to $6.48 billion, while client assets rose to $11.77 trillion.
https://cryptopotato.com/bitcoin-and-ethereum-arrive-on-wall-street-giant-charles-schwab-for-selected-retail-clients/
• Charles Schwab has launched Schwab Crypto accounts for retail clients, enabling direct trading of Bitcoin and Ethereum, though some states are excluded.
• Users must have an eligible brokerage account to access crypto trading, with a 75-basis-point trading fee and custodial services provided by Schwab Premier Bank and Paxos.
• In Q1 2026, Schwab reported a net income of $2.5 billion and a 16% revenue increase to $6.48 billion, while client assets rose to $11.77 trillion.
https://cryptopotato.com/bitcoin-and-ethereum-arrive-on-wall-street-giant-charles-schwab-for-selected-retail-clients/
CryptoPotato
Bitcoin and Ethereum Arrive on Wall Street Giant Charles Schwab for Selected Retail Clients
Charles Schwab's latest offering is currently unavailable to residents of New York, Louisiana, and users outside the United States.
Pi Network (PI) Price Predictions for This Week, May 13
• PI Network (PI) price is currently consolidating in a flat channel between $0.16 and $0.20, with recent attempts to break the 20-cent resistance being unsuccessful.
• The price has been making higher lows since hitting a bottom of 13 cents, indicating a potential bullish trend if it can surpass the resistance level.
• Low trading volume has kept the price stagnant, and an increase in buy volume is necessary for a breakout; currently, the market remains patient as it awaits momentum changes.
https://cryptopotato.com/pi-network-pi-price-predictions-for-this-week-may-13/
• PI Network (PI) price is currently consolidating in a flat channel between $0.16 and $0.20, with recent attempts to break the 20-cent resistance being unsuccessful.
• The price has been making higher lows since hitting a bottom of 13 cents, indicating a potential bullish trend if it can surpass the resistance level.
• Low trading volume has kept the price stagnant, and an increase in buy volume is necessary for a breakout; currently, the market remains patient as it awaits momentum changes.
https://cryptopotato.com/pi-network-pi-price-predictions-for-this-week-may-13/
CryptoPotato
Pi Network (PI) Price Predictions for This Week, May 13
The price remains in a flat channel. When will it break away? PI Network (PI) Price Predictions: Analysis Key support levels: $0.16 Key resistance levels:
Ripple (XRP) Price Predictions for This Week, May 13
• XRP is currently consolidating above the $1.4 support level and is poised to test the $1.6 resistance.
• A breakout above $1.6 could lead to a rally towards the next resistance at $2, although bullish momentum remains low for now.
• The weekly MACD shows a bullish trend, indicating potential for higher prices if volume increases and buyers become more active.
https://cryptopotato.com/ripple-xrp-price-predictions-for-this-week-may-13/
• XRP is currently consolidating above the $1.4 support level and is poised to test the $1.6 resistance.
• A breakout above $1.6 could lead to a rally towards the next resistance at $2, although bullish momentum remains low for now.
• The weekly MACD shows a bullish trend, indicating potential for higher prices if volume increases and buyers become more active.
https://cryptopotato.com/ripple-xrp-price-predictions-for-this-week-may-13/
CryptoPotato
Ripple (XRP) Price Predictions for This Week, May 13
XRP is consolidating above the $1.4 support. Can it test $1.6 next? Ripple (XRP) Price Predictions: Analysis Key support levels: $1.4 Key resistance
Ethereum Price Analysis: ETH Must Reclaim This Key Level to Restart Bull Run
• Ethereum is currently trading around $2.3k, facing resistance at $2.4k, with a favorable outlook for a potential breakout due to an intact ascending channel.
• The price is consolidating within a symmetrical triangle on the 4-hour chart, with critical support at $2.2k and resistance at $2.4k, which will dictate future price movements.
• A significant spike in Ethereum's funding rate indicates strong long positioning, suggesting that a breakout above $2.4k could lead to substantial upward momentum, while failure to do so may trigger a rapid decline towards $2.2k or $2k.
https://cryptopotato.com/ethereum-price-analysis-eth-must-reclaim-this-key-level-to-restart-bull-run/
• Ethereum is currently trading around $2.3k, facing resistance at $2.4k, with a favorable outlook for a potential breakout due to an intact ascending channel.
• The price is consolidating within a symmetrical triangle on the 4-hour chart, with critical support at $2.2k and resistance at $2.4k, which will dictate future price movements.
• A significant spike in Ethereum's funding rate indicates strong long positioning, suggesting that a breakout above $2.4k could lead to substantial upward momentum, while failure to do so may trigger a rapid decline towards $2.2k or $2k.
https://cryptopotato.com/ethereum-price-analysis-eth-must-reclaim-this-key-level-to-restart-bull-run/
CryptoPotato
Ethereum Price Analysis: ETH Must Reclaim This Key Level to Restart Bull Run
Ethereum is trading around $2.3k and is still anchored below the $2.4k resistance zone that has capped this entire consolidation over the past months.
Japan’s Biggest Corporate Bitcoin Holder Reports $736 Million Valuation Loss
• Metaplanet reported a net loss of ¥114.5 billion ($725.6 million) in Q1 FY 2026, primarily due to significant Bitcoin valuation losses of ¥116.3 billion ($736 million).
• Despite the losses, the company achieved a 251.1% increase in net sales to ¥3.08 billion ($19 million) and a 282.5% rise in operating profit to ¥2.27 billion ($14.3 million).
• Metaplanet's Bitcoin holdings grew to 40,177 BTC, maintaining its status as the largest Bitcoin-holding listed company outside the U.S., while facing criticism over its acquisition strategy and disclosure practices.
https://cryptopotato.com/japans-biggest-corporate-bitcoin-holder-reports-736-million-valuation-loss/
• Metaplanet reported a net loss of ¥114.5 billion ($725.6 million) in Q1 FY 2026, primarily due to significant Bitcoin valuation losses of ¥116.3 billion ($736 million).
• Despite the losses, the company achieved a 251.1% increase in net sales to ¥3.08 billion ($19 million) and a 282.5% rise in operating profit to ¥2.27 billion ($14.3 million).
• Metaplanet's Bitcoin holdings grew to 40,177 BTC, maintaining its status as the largest Bitcoin-holding listed company outside the U.S., while facing criticism over its acquisition strategy and disclosure practices.
https://cryptopotato.com/japans-biggest-corporate-bitcoin-holder-reports-736-million-valuation-loss/
CryptoPotato
Japan's Biggest Corporate Bitcoin Holder Reports $736 Million Valuation Loss
Metaplanet reported strong sales growth from Bitcoin derivative strategies even as BTC valuation losses hammered net earnings.
Ripple (XRP) News Today: May 13
• Ripple has secured a $200 million debt facility from Neuberger Specialty Finance to expand Ripple Prime's services, indicating strong institutional interest in financing solutions.
• Institutional interest in spot XRP ETFs has surged, with inflows exceeding $25 million on May 11, contributing to a cumulative total of over $1.36 billion since their launch.
• Ripple's stablecoin RLUSD, pegged to the US dollar, has gained traction with major financial institutions and exchanges, boasting a market capitalization of nearly $1.6 billion.
https://cryptopotato.com/ripple-xrp-news-today-may-13/
• Ripple has secured a $200 million debt facility from Neuberger Specialty Finance to expand Ripple Prime's services, indicating strong institutional interest in financing solutions.
• Institutional interest in spot XRP ETFs has surged, with inflows exceeding $25 million on May 11, contributing to a cumulative total of over $1.36 billion since their launch.
• Ripple's stablecoin RLUSD, pegged to the US dollar, has gained traction with major financial institutions and exchanges, boasting a market capitalization of nearly $1.6 billion.
https://cryptopotato.com/ripple-xrp-news-today-may-13/
CryptoPotato
Ripple (XRP) News Today: May 13
A closer look at some of the key developments surrounding Ripple's ecosystem.
Brutal Price Collapse for 5 Altcoins After Binance Says Goodbye: Details
• Binance announced the delisting of five altcoins—Automata (ATA), Harvest Finance (FARM), Enzyme (MLN), Phoenix (PHB), and Syscoin (SYS)—due to a review of its listed coins, effective May 27.
• Following the announcement, all five coins experienced significant price drops, with Syscoin (SYS) suffering the most at a 34% decline.
• In addition to the delisting, Binance has expanded its trading pairs and introduced cashback offers for users spending U tokens with Binance Cards.
https://cryptopotato.com/brutal-price-collapse-for-5-altcoins-after-binance-says-goodbye-details/
• Binance announced the delisting of five altcoins—Automata (ATA), Harvest Finance (FARM), Enzyme (MLN), Phoenix (PHB), and Syscoin (SYS)—due to a review of its listed coins, effective May 27.
• Following the announcement, all five coins experienced significant price drops, with Syscoin (SYS) suffering the most at a 34% decline.
• In addition to the delisting, Binance has expanded its trading pairs and introduced cashback offers for users spending U tokens with Binance Cards.
https://cryptopotato.com/brutal-price-collapse-for-5-altcoins-after-binance-says-goodbye-details/
CryptoPotato
Brutal Price Collapse for 5 Altcoins After Binance Says Goodbye: Details
SYS - one of the affected coins - nosedived by 34% in a matter of a single day.
10,000% Gains? Why One Analyst Says the Strongest Altcoin Setup in Years Is Here
• A bullish chart pattern in the altcoin market has emerged, historically leading to rallies of 2,000% to 10,000%, according to trader Mark Chadwick.
• Analysts note that altcoins are showing strong setups not seen since 2020, with some suggesting potential gains of 100% to 300% depending on market conditions.
• Concerns about liquidity and macroeconomic factors, along with regulatory developments like the Digital Asset Market Clarity Act, remain significant hurdles for a sustained altcoin rally.
https://cryptopotato.com/10000-gains-why-one-analyst-says-the-strongest-altcoin-setup-in-years-is-here/
• A bullish chart pattern in the altcoin market has emerged, historically leading to rallies of 2,000% to 10,000%, according to trader Mark Chadwick.
• Analysts note that altcoins are showing strong setups not seen since 2020, with some suggesting potential gains of 100% to 300% depending on market conditions.
• Concerns about liquidity and macroeconomic factors, along with regulatory developments like the Digital Asset Market Clarity Act, remain significant hurdles for a sustained altcoin rally.
https://cryptopotato.com/10000-gains-why-one-analyst-says-the-strongest-altcoin-setup-in-years-is-here/
CryptoPotato
10,000% Gains? Why One Analyst Says the Strongest Altcoin Setup in Years Is Here
The current altcoin structure reflects a long consolidation phase where selling pressure gradually weakened without breaking key support.
Dogecoin (DOGE) Soars 25% in a Month, But Key Indicator Flashes a Sell Signal
• Dogecoin (DOGE) has surged 25% over the past month, outperforming major cryptocurrencies like Bitcoin and Ethereum, currently trading at around $0.114.
• Technical indicators, including the TD Sequential and a high Relative Strength Index (RSI) of 88, suggest a potential price correction may be imminent.
• Despite bearish signals, some analysts remain optimistic about DOGE's future, with predictions of significant price increases, although extreme targets like $12 seem unlikely given current market conditions.
https://cryptopotato.com/dogecoin-doge-soars-25-in-a-month-but-key-indicator-flashes-a-sell-signal/
• Dogecoin (DOGE) has surged 25% over the past month, outperforming major cryptocurrencies like Bitcoin and Ethereum, currently trading at around $0.114.
• Technical indicators, including the TD Sequential and a high Relative Strength Index (RSI) of 88, suggest a potential price correction may be imminent.
• Despite bearish signals, some analysts remain optimistic about DOGE's future, with predictions of significant price increases, although extreme targets like $12 seem unlikely given current market conditions.
https://cryptopotato.com/dogecoin-doge-soars-25-in-a-month-but-key-indicator-flashes-a-sell-signal/
CryptoPotato
Dogecoin (DOGE) Soars 25% in a Month, But Key Indicator Flashes a Sell Signal
Is DOGE's rally running out of steam?
CLARITY Act Faces Wave of Amendments Ahead of Markup
• The Senate Banking Committee's CLARITY Act is facing significant opposition, with over 100 amendments proposed, including more than 40 from Senator Elizabeth Warren, who is pushing for stricter regulations.
• The American Bankers Association has sent over 8,000 letters to Senate offices advocating for changes to the bill's stablecoin yield rules, while crypto advocates counter with their own lobbying efforts.
• Key amendments include prohibiting crypto as legal tender and barring the Federal Reserve from issuing master accounts to crypto firms, creating a contentious divide between banking interests and the crypto sector.
https://cryptopotato.com/clarity-act-faces-wave-of-amendments-ahead-of-markup/
• The Senate Banking Committee's CLARITY Act is facing significant opposition, with over 100 amendments proposed, including more than 40 from Senator Elizabeth Warren, who is pushing for stricter regulations.
• The American Bankers Association has sent over 8,000 letters to Senate offices advocating for changes to the bill's stablecoin yield rules, while crypto advocates counter with their own lobbying efforts.
• Key amendments include prohibiting crypto as legal tender and barring the Federal Reserve from issuing master accounts to crypto firms, creating a contentious divide between banking interests and the crypto sector.
https://cryptopotato.com/clarity-act-faces-wave-of-amendments-ahead-of-markup/
CryptoPotato
CLARITY Act Faces Wave of Amendments Ahead of Markup
Stand With Crypto says its advocates have contacted lawmakers nearly 1.5 million times in support of the CLARITY Act.
ZachXBT Links Teen Crypto Flaunter to $19M Theft Network
• Blockchain investigator ZachXBT has linked Dritan Kapllani Jr. to over $19 million in crypto thefts through social engineering attacks, showcasing a lavish lifestyle on social media.
• Dritan allegedly displayed a wallet with $3.68 million during a Discord call, which was connected to a major Bitcoin theft of 185 BTC worth around $13 million.
• He is identified as "Co-Conspirator 1" in a criminal complaint related to the theft, while also being linked to previous thefts totaling over $5.85 million, with charges delayed due to his minor status until recently.
https://cryptopotato.com/zachxbt-links-teen-crypto-flaunter-to-19m-theft-network/
• Blockchain investigator ZachXBT has linked Dritan Kapllani Jr. to over $19 million in crypto thefts through social engineering attacks, showcasing a lavish lifestyle on social media.
• Dritan allegedly displayed a wallet with $3.68 million during a Discord call, which was connected to a major Bitcoin theft of 185 BTC worth around $13 million.
• He is identified as "Co-Conspirator 1" in a criminal complaint related to the theft, while also being linked to previous thefts totaling over $5.85 million, with charges delayed due to his minor status until recently.
https://cryptopotato.com/zachxbt-links-teen-crypto-flaunter-to-19m-theft-network/
CryptoPotato
ZachXBT Links Teen Crypto Flaunter to $19M Theft Network
A Discord wallet flex allegedly exposed connections between Dritan Kapllani Jr. and a massive 185 BTC social engineering theft.
Why Is XRP Special and Unique? Garlinghouse Reveals Ripple’s Biggest Advantages
• Ripple's CEO highlighted XRP's unique features, including rapid transaction speeds (3-5 seconds), low costs (fractions of a penny), and strong scalability with over 4 billion transactions.
• The XRP community, referred to as the "XRP family," plays a significant role in the token's identity and potential for future success.
• XRP's recent price movements show a decline below $1.45, losing its fourth market cap position to BNB, with analysts noting the need to maintain above $1.445 for a potential breakout.
https://cryptopotato.com/why-is-xrp-special-and-unique-garlinghouse-reveals-ripples-biggest-advantages/
• Ripple's CEO highlighted XRP's unique features, including rapid transaction speeds (3-5 seconds), low costs (fractions of a penny), and strong scalability with over 4 billion transactions.
• The XRP community, referred to as the "XRP family," plays a significant role in the token's identity and potential for future success.
• XRP's recent price movements show a decline below $1.45, losing its fourth market cap position to BNB, with analysts noting the need to maintain above $1.445 for a potential breakout.
https://cryptopotato.com/why-is-xrp-special-and-unique-garlinghouse-reveals-ripples-biggest-advantages/
CryptoPotato
Why Is XRP Special and Unique? Garlinghouse Reveals Ripple’s Biggest Advantages
The chief exec outlined XRP's special features during the Vegas conference.
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Ripple CTO Emeritus Issues Urgent Warning About XRP Scams
• Ripple's CTO Emeritus, David Schwartz, has warned of a significant rise in airdrop and giveaway scams targeting XRPL users, urging caution among the community.
• Scammers are impersonating Ripple and its executives on social media, promoting fraudulent schemes that promise free tokens in exchange for sending cryptocurrency.
• Schwartz emphasized that Ripple has never conducted airdrops, and any claims of such initiatives are likely scams, advising users to stay vigilant against impersonators.
https://cryptopotato.com/ripple-cto-emeritus-issues-urgent-warning-about-xrp-scams/
• Ripple's CTO Emeritus, David Schwartz, has warned of a significant rise in airdrop and giveaway scams targeting XRPL users, urging caution among the community.
• Scammers are impersonating Ripple and its executives on social media, promoting fraudulent schemes that promise free tokens in exchange for sending cryptocurrency.
• Schwartz emphasized that Ripple has never conducted airdrops, and any claims of such initiatives are likely scams, advising users to stay vigilant against impersonators.
https://cryptopotato.com/ripple-cto-emeritus-issues-urgent-warning-about-xrp-scams/
CryptoPotato
Ripple CTO Emeritus Issues Urgent Warning About XRP Scams
This is far from the first instance in which bad actors have targeted the XRP Army.