XRP Tops on Upbit as South Korea’s “Big 4” to Acquire $670M Stake in Dunamu

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum has been hovering just below the $2,400 resistance for over four weeks. With bulls unable to break this level, the price has entered a correction. At the time of this post, ETH is found at around $2,270 and […]

XRP has been trading above $1.40 in recent days, with buyers still trying to push on momentum after the pullback from the May 10 high. The cryptocurrency’s price has not broken down, but it has also failed to confirm a stronger upside continuation. This leaves the 1-hour chart in an important position. However, the XRP count is still valid.  The current wave count now depends on notable price levels, which include whether XRP can hold above support at $1.40 and avoid a break below the key $1.38 swing low. XRP Pullback From May 10 Still Looks Corrective Technical analysis of XRP’s price action on the 1-hour chart, which was posted by a crypto analyst on the social media platform X, shows that the decline from the May 10 high has not been random noise. The main argument in the analysis is that XRP’s decline from the May 10 high has unfolded as a three-wave move. This has unfolded in an ABC structure, not the kind of five-wave impulsive decline that would precede a trend reversal. Accordi

OKX has moved closer to securing a major foothold in South Korea after entering talks to acquire a substantial stake in local crypto exchange Coinone alongside Korea Investment & Securities. According to Yonhap News Agency, OKX and Korea Investment &…

The post OKX Eyes A 20% Stake In South Korean Exchange — Here’s What It Signals For The Region appeared on BitcoinEthereumNews.com. OKX Eyes A 20% Stake In South Korean Exchange — Here’s What It Signals For The Region | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/okx-eyes-stake-in-sk-exchange-what-signals-region/

The post $2.6 Billion in Bitcoin, ETH, XRP, Solana Options Expire Today, Experts Raise Concerns appeared on BitcoinEthereumNews.com. Crypto market recorded massive liquidations over the past few hours due to Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) options expiry today. Crypto prices tumbled and pared almost all gains after bearish sentiment over the Senate committee advancing the CLARITY Act faded. The latest US macroeconomic data, Middle East tensions, and spiking US Treasury yields, among other headwinds, are sparking Bitcoin selloff jitters. Over $2 Billion in Bitcoin Options to Expire Today According to Deribit data, almost 25K Bitcoin options with a notional value of more than $2 billion will expire on May 15. The put/call ratio of 0.57 indicates bullish sentiment in the crypto market. The max pain price is at $80,000, below the current market price of $80,772. Moreover, BTC implied volatility is falling and 25 delta skew is rising sharply today. It signals that trade

The post Upbit To Temporarily Halt POL And GMT Transactions Ahead Of Polygon Hard Fork appeared on BitcoinEthereumNews.com. Upbit To Temporarily Halt POL And GMT Transactions Ahead Of Polygon Hard Fork Skip to content Home Crypto News Upbit to Temporarily Halt POL and GMT Transactions Ahead of Polygon Hard Fork Source: https://bitcoinworld.co.in/upbit-suspends-pol-gmt-polygon-hard-fork/

The post Ripple CTO Emeritus Details Hidden Tech Keeping XRP Safe From Big Money appeared on BitcoinEthereumNews.com. The public acknowledgment by Charles Hoskinson, who described the XRPL architecture as “very elegant,” sparked new debates about the network’s actual decentralization. Ripple CTO Emeritus David Schwartz stepped into the discussion to explain how the ledger protects itself from covert capture by large corporations. Schwartz points to a classic paradox – in cryptocurrencies, capital usually rules. Large corporations can afford expensive hardware and entire engineering teams, which is why their nodes and validators operate flawlessly and without interruptions. How XRPL stops big tech from buying out the network According to Schwartz, if the creators of XRP Ledger had focused only on achieving perfect technical stability, the network would have quickly fallen under the full control of a handful of IT giants. To prevent that outcome, Schwartz insists on attracting a large nu

The post Could Korea’s social agenda cool the world’s hottest market? appeared on BitcoinEthereumNews.com. South Korea’s transformation over the past year has been nothing short of remarkable. The KOSPI has evolved from one of the developed world’s most overlooked equity markets into the single hottest destination for global capital. This shift reflects far more than investor sentiment: it signals a fundamental reappraisal of Korea’s role in the global economy. In 2025, the KOSPI delivered a staggering 75% annual return, making it the best-performing major stock index in the world. Rather than cooling off, the momentum accelerated into 2026. By mid May, the benchmark had already gained another 88% year-to-date, massively outperforming most global peers, as Seoul continued to attract waves of foreign capital and retail speculation. While most of the rise of the KOSPI since 2025 has been driven by artificial intelligence, there are other important social and political factors to take int