Bitcoin At $82K, But Metrics Don’t Smile: Network Activity Down, Spot Demand Negative—What’s Next?
AnalysisNewsBTC2026-05-07 06:00
On Wednesday, Bitcoin reached its highest level since January, crossing above the $82,000 threshold. However, one analyst has warned that the latest u...
On Wednesday, Bitcoin reached its highest level since January, crossing above the $82,000 threshold. However, one analyst has warned that the latest upswing may not be driven by genuine demand. Instead, he describes it as a so-called “speculative trap” and points to signals suggesting there may be little underlying momentum before the market potentially retraces sharply. $83,000 Condition For Bitcoin In a post on X (formerly Twitter), market analyst OxPepesso argued that BTC is moving in a way that looks similar to the “S&P 500 AI bubble,” implying that Bitcoin is largely tracking broader stock-market sentiment rather than showing distinct, organic crypto drivers. OxPepesso suggested that, with the equity market surging, Bitcoin is essentially being pulled along as ...
Ondo Finance Clears First XRP Ledger Treasury Redemption Into Singapore Bank
BitcoinBitcoin.com News2026-05-07 05:40
Ondo Finance has successfully piloted the first near-real-time, cross-border redemption of a tokenized U.S. Treasury fund, leveraging the XRP Ledger a...
Ondo Finance has successfully piloted the first near-real-time, cross-border redemption of a tokenized U.S. Treasury fund, leveraging the XRP Ledger and Mastercard’s Multi-Token Network to bridge public blockchain and traditional banking. Integration of Public and Private Infrastructure Ondo Finance, a leader in the tokenized asset space, announced May 6 the successful completion of the first […]
Toncoin doubles on growing Make TON Great Again momentum
AnalysisCrypto Briefing2026-05-07 05:40
Toncoin (TON) surged as markets priced in Pavel Durovs "Make TON Great Again" roadmap, briefly more than doubling in value.
The post Toncoin doubles o...
Toncoin (TON) surged as markets priced in Pavel Durovs "Make TON Great Again" roadmap, briefly more than doubling in value.
The post Toncoin doubles on growing Make TON Great Again momentum appeared first on Crypto Briefing.
Grayscale Cuts a DeFi Token From Its Fund as a New One Takes Over
NewsBeInCrypto2026-05-07 05:40
Grayscale Investments has disclosed the new component weightings for its multi-asset funds as part of the Q1 2026 rebalancing. The asset manager has r...
Grayscale Investments has disclosed the new component weightings for its multi-asset funds as part of the Q1 2026 rebalancing. The asset manager has removed Aerodrome Finance (AERO) entirely from its Decentralized Finance (DeFi) Fund and added Ethena (ENA) at a 13.59% weight. Grayscale Drops AERO From DeFi Fund, Adds ENA in Q1 Rebalance According to
The post Grayscale Cuts a DeFi Token From Its Fund as a New One Takes Over appeared first on BeInCrypto.
Solana Sees Rising Social Hype, Yet Network Activity Is Falling
AnalysisNewsBTC2026-05-07 05:20
Data shows social media sentiment around Solana has been rising recently, but network utility has actually followed the opposite path. Solana Active A...
Data shows social media sentiment around Solana has been rising recently, but network utility has actually followed the opposite path. Solana Active Addresses Have Been On The Decline In a new post on X, analytics firm Santiment has talked about how a couple of key metrics related to Solana have changed recently. The indicators in question are the Positive/Negative Sentiment and Daily Active Addresses. Related Reading: Bitcoin Breaks $80,000, But On-Chain Activity Signals A Silent Warning First, the Positive/Negative Sentiment compares the bullish and bearish sentiments related to a given asset that are currently present on the major social media platforms. The indicator works by first separating positive and negative comments containing mentions of the asset using a...
XRP Price Weakens Further, Sellers Tighten Grip On Trend
AnalysisNewsBTC2026-05-07 05:20
XRP price started a downside correction from the $1.4550 zone. The price is now consolidating and might aim for another increase if it stays above the...
XRP price started a downside correction from the $1.4550 zone. The price is now consolidating and might aim for another increase if it stays above the $1.40 zone. XRP price started a downside correction after it failed to clear the $1.4550 zone. The price is now trading near $1.4080 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $1.4050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it settles above $1.4220. XRP Price Dips Again XRP price started a decent upward move above $1.3850 and $1.4150, like Bitcoin and Ethereum. The price gained pace for a clear move above the $1.4220 resistance. A high was formed at $1.4570, and the price started a downside correctio...
