Author: CoinNewsJunction.com

Ripple CTO Emeritus David Schwartz has pushed back against claims that a non-disclosure agreement or “gag order” controls his public comments about Ripple and XRP.  Summary David Schwartz denied gag order claims, saying no NDA forces him to mislead XRP holders publicly. He questioned $10,000 XRP forecasts, arguing market behavior does not support those claims today now. Ripple secrecy rumors remain disputed as Schwartz says no hidden plan exists to pump XRP. The dispute followed fresh community criticism over his recent comments on extreme XRP price targets. Schwartz responded after an XRP community member claimed he may be bound by…

The recently hacked cryptocurrency exchange Grinex intends to compensate customers for stolen assets worth over a billion Russian rubles. The Kyrgyzstan-based coin trading platform is best known for helping Russia circumvent Western sanctions imposed over its invasion of Ukraine. Grinex promises compensation for those affected by massive hack The largest exchange in the Russian-speaking segment of the crypto market, Grinex, has decided to pay clients for assets lost in a hacking attack last month. The Kyrgyz-registered platform was breached in mid-April with the unknown perpetrators draining an estimated 1 billion rubles’ worth of cryptocurrency. The funds, currently worth over $13…

TLDR: LINK trades at $9.20, gaining 1.13% daily despite a 1.75% weekly pullback in a weak market structure Whale activity shows phased redistribution of LINK holdings, signaling steady supply rotation 24-hour volume near $179M reflects active participation amid ongoing consolidation phase Market structure remains range-bound as liquidity shifts between exchanges and private wallets Chainlink (LINK) trades at $9.20 with $179,867,749 in 24-hour volume, reflecting a 1.13% daily gain despite a -1.75% weekly decline. Chainlink whale activity continues to shape market structure as large holders redistribute millions of tokens during consolidation.  This mix of price recovery and ongoing supply shifts keeps…

Riot Platforms reported $33.2 million in debut data center revenue in the first quarter and said Advanced Micro Devices elected to double its contracted capacity to 50 megawatts in its earnings release on Thursday. It is a major milestone for the company as it diversifies beyond bitcoin (BTC) mining, leaning more heavily into serving AI, data center, and hyperscaler customers.  Riot posted total revenue of $167.2 million for the quarter, with $111.9 million coming from its core bitcoin mining business, which declined year-over-year amid lower bitcoin production and lower average bitcoin prices. The company sold 3,778 BTC during the quarter…

Ethereum traded at $2,280.47 at press time, with 24-hour volume at $10.18 billion, according to crypto.news data.  Summary Ethereum’s exchange supply ratio has dropped, but price has not yet formed a matching bottom. Binance ETH funding rates remain negative, showing traders still favor downside positions. Rising short liquidations may add buying pressure if Ethereum continues its recent recovery. ETH gained 0.75% in the past day but remained down 1.56% over the last seven days. Its market cap stood at $275.23 billion, based on a circulating supply of 120 million ETH.  The price action comes as analysts track opposing signals from…

TLDR Gemini secured approval from the U.S. Commodity Futures Trading Commission for a derivatives clearinghouse license. The license allows Gemini to clear and settle trades internally without relying on external providers. Gemini aims to expand into the prediction market sector and compete with platforms like Kalshi and Polymarket. The company plans to offer a full trading ecosystem including futures, options, and event-based contracts. Gemini shares increased by about 7% following the announcement of the approval. Gemini secured regulatory approval to expand its trading operations into U.S. derivatives and prediction markets. The move allows the exchange to handle trade clearing internally…

TLDR: Ondo Finance holds roughly 70% of the tokenized stock market share, with over $825M in total value locked. Holders of 250+ tokenized stocks and ETFs can now participate in proxy voting through Broadridge’s network. Voting recommendations are weighted proportionately based on each token holder’s onchain ownership stake. Ondo tokenized stocks are live on Solana, Ethereum, and BNB Chain, backed by Binance, MetaMask, and Ledger. Ondo Finance has announced a partnership with Broadridge to bring proxy voting to holders of tokenized stocks and ETFs. Through this integration, holders of over 250 tokenized products can now access corporate governance tools. Broadridge…

TLDR Senator Thom Tillis said the Clarity Act is ready to move toward a Senate Banking Committee hearing. Lawmakers resolved several banking industry concerns over stablecoin reward provisions in the draft bill. Tillis urged the committee chair to proceed with a markup in mid-May. The Senate faces a tight legislative calendar with limited weeks before midterm campaign demands. Industry representatives welcomed signs of progress and called for swift committee action. Senator Thom Tillis said the Senate may soon advance the Digital Asset Market Clarity Act toward a committee hearing. He stated that negotiations with banking groups have resolved many disputes…

Pi Network price rallied for the fourth straight day as Pi Network revealed progress towards the project’s technical roadmap ahead of Consensus 2026. Summary Pi Network price rose nearly 7% to $0.199, extending weekly gains to around 20% as user verification and mainnet migration activity accelerate. Over 1 million verified users have completed 526 million KYC validation tasks, supporting migration to mainnet and enabling future token transfers to exchanges. Technical indicators show strengthening momentum, with price nearing key Fibonacci resistance at $0.195; a breakout could target $0.234, while $0.180 remains key support. According to data from crypto.news, Pi Network (PI)…

Polymarket has sought to reopen its main prediction markets platform to U.S. users as it is reportedly engaging regulators to remove a long-standing access ban. Summary Polymarket has been seeking approval from the Commodity Futures Trading Commission to allow U.S. users back on its main platform. A reversal would undo restrictions from its 2022 settlement that forced the company to block American customers and pay a $1.4 million penalty. According to Bloomberg, the company has been in discussions with the Commodity Futures Trading Commission to lift restrictions that currently block American customers from its international exchange.  Approval would require a…