CryptoPotato News (Official)
6.31K subscribers
100 photos
1 file
31.8K links
Stay updated with us. CryptoPotato.com
Be aware: we will never PM you.
Download Telegram
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/
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/
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/
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/
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/
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/
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/
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/
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/
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/
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/
👎1🤡1
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/
BNB Pulls Further Ahead of XRP as Bitcoin Falls Below $80K: Market Watch

• Bitcoin faced significant volatility, dropping to a 10-day low of under $79,000 after failing to break resistance at $81,000.
• Most major altcoins, including SOL and UNI, experienced declines, with the total crypto market cap falling below $2.750 trillion.
• Binance Coin has overtaken XRP in market cap, rising over 9% in the past month, while Ethereum and other altcoins also saw losses.

https://cryptopotato.com/bnb-pulls-further-ahead-of-xrp-as-bitcoin-falls-below-80k-market-watch/
Cardano Whales Keep Buying as ADA Crashes 71% in 9 Months

• Large holders of Cardano (ADA) have been increasing their holdings, now controlling 67.47% of the circulating supply despite a 70% drop in market cap over the past nine months.
• Crypto analyst Ali Martinez highlights the $0.25 support level as crucial for ADA's price, suggesting that maintaining this level could lead to potential rallies toward $0.36 or $0.53.
• Cardano founder Charles Hoskinson defends the network's scaling efforts, stating that ongoing research and development have not been compromised by governance initiatives.

https://cryptopotato.com/cardano-whales-keep-buying-as-ada-crashes-71-in-9-months/
Bitcoin’s Drop Below $80K Was Not Random: Here Are the 3 Hidden Triggers

• Bitcoin experienced a drop below $79,000 due to a combination of reduced exchange outflows, increased short positions in the derivatives market, and significant long liquidations, totaling approximately $109.7 million.
• Analysts noted that a sharp decline in exchange outflows indicated a growing sell-side supply, weakening the market's ability to absorb downward pressure.
• The recent price fluctuations were also influenced by concentrated selling from whale wallets and the release of US inflation data, with Bitcoin currently trading just below $80,000.

https://cryptopotato.com/bitcoins-drop-below-80k-was-not-random-here-are-the-3-hidden-triggers/
Pi Network (PI) News Today: May 14

• Pi Network has over 18.1 million users completing KYC verification and 16.7 million migrating to Mainnet, despite ongoing user complaints about verification delays.
• The project has introduced several protocol upgrades, with the latest being protocol v22, while the deadline for the next upgrade has been extended to May 19.
• Despite advancements, PI's price remains low at around $0.17, with increasing amounts of tokens on exchanges indicating potential selling pressure.

https://cryptopotato.com/pi-network-pi-news-today-may-14/
Why Ethena Just Recorded Its Biggest Network Growth in Over Three Months

• Ethena experienced its largest single-day network growth in over three months on May 12, driven by a surge in newly created wallets and whale activity.
• Grayscale Investments added ENA to its DeFi Fund, contributing to increased custody wallet creation and heightened interest in the protocol.
• Ethena's USDe stablecoin is being integrated into a new institutional lending market on Solana, marking a significant step in its expansion and institutional adoption.

https://cryptopotato.com/why-ethena-just-recorded-its-biggest-network-growth-in-over-three-months/
Internet Computer (ICP) Tumbles 10% Daily: Is Coinbase Responsible for the Plunge?

• ICP experienced a 10% price decline, reaching a one-week low under $3, amid a broader crypto market correction.
• Coinbase's removal of several non-USD trading pairs, including ICP/USDT, has reduced liquidity and impacted investor confidence.
• Technical indicators, such as a low Relative Strength Index (RSI) of 28, suggest a potential price revival, with analysts predicting a possible breakout and significant upside.

https://cryptopotato.com/internet-computer-icp-tumbles-10-daily-is-coinbase-responsible-for-the-plunge/
ETH Profit-Taking Hits 3-Week High Despite 5.5% Price Drop

• Ethereum's network saw its highest realized profits in three weeks, totaling $74.58 million, despite a 5.5% price drop over the past three days.
• Profit-taking is primarily from traders who bought ETH below $2,000 during February and March, capitalizing on their gains even as prices decline.
• Analysts caution that Ethereum is in a technically fragile state, with critical support levels to watch if it fails to regain the 21-week moving average.

https://cryptopotato.com/eth-profit-taking-hits-3-week-high-despite-5-5-price-drop/
Coinbase Becomes Official USDC Treasury Deployer on Hyperliquid

• Coinbase is now the official treasury deployer of USDC under Hyperliquid's Aligned Quote Asset (AQA) framework, aiming to enhance USDC's role in on-chain capital markets.
• The transition will concentrate liquidity around USDC, improving market efficiency and allowing users to convert USDH to USDC without fees during the phase-out of USDH markets.
• Hyperliquid will see future upgrades transitioning to USDC as the quote asset, with Circle overseeing cross-chain services and both Coinbase and Circle committing to staking HYPE tokens for protocol support.

https://cryptopotato.com/coinbase-becomes-official-usdc-treasury-deployer-on-hyperliquid/
Shiba Inu (SHIB) Collapses 60% in a Year: 3 AIs Reveal What Might Trigger a Big Revival

• Shiba Inu (SHIB) has seen a 60% decline in price over the past year, with its peak market cap of over $40 billion in late 2021 not sustained.
• Potential catalysts for a revival include increased adoption of the Shibarium layer-2 solution, a significant reduction in supply through burn rates, and the introduction of a spot SHIB ETF.
• The price movement of Bitcoin and whale investor activity are also crucial factors that could influence SHIB's resurgence in the market.

https://cryptopotato.com/shiba-inu-shib-collapses-60-in-a-year-3-ais-reveal-what-might-trigger-a-big-revival/