Ripple’s XRP Ledger (XRPL) is moving closer to the center of global payments infrastructure as major Wall Street and card-network players expand experiments and deployments that use the blockchain for cross-border settlement and tokenized asset transfers—an evolution that markets are increasingly reading as more than a routine “crypto integration” story. According to the report, Morgan Stanley has launched a direct crypto trading service positioned with a lower-fee structure compared with competitors such as E*TRADE. The launch is notable not only for the brokerage-style offering, but...

A growing chorus in South Korea’s crypto community is warning that the country risks missing the next wave of digital innovation if it continues to treat cryptocurrencies primarily as a vehicle for short-term speculation rather than as an open technology stack for building new financial and digital services. The argument was crystallized this week in a commentary from a long-time blockchain journalist, who described a recent encounter with a developer showcasing a self-built ‘hybrid’ wallet—an application that runs on a local network and supports a proprietary stablecoin called ‘wUSDT’...

U.S.-listed spot Ethereum (ETH) ETFs extended their streak of net inflows for a fourth consecutive session on May 6 ET, signaling steady 'institutional demand' even as flows remained concentrated in a handful of products. Data compiled by SoSoValue showed the spot Ethereum ETF complex posted a net inflow of $11.57 million for the day. The run of positive flows has held since May 1, pushing cumulative net inflows to $12.19 billion across the category. Inflow leadership was narrowly split between two funds. Grayscale’s Ethereum Mini Trust (ETH) attracted $10.03 million, while BlackRock’s...

TokenPost’s "Crypto Horoscope” is provided for entertainment and psychological refreshment purposes only, and should not be considered as investment reference material. It is not related to actual market conditions or technical analysis, and does not constitute any form of investment advice. We wish you success in your investments. [Editor’s Note] Aries — “Impulse, with a Stop Button” Index 66: You may feel tempted to use leverage to make the tape talk faster, but this neutral mood favors disciplined timing over bravado. Taurus — “The Quiet HODL Test” Index 61: Sideways sentiment rewards...

The White House is pushing to get a sweeping U.S. crypto ‘market structure’ bill to President Trump’s desk by July 4, a timeline that underscores how quickly Washington is trying to impose clearer rules on a sector that has long operated in regulatory gray areas. According to The Block, Patrick Witt, executive director of the White House Digital Assets Advisory Council, said at the Consensus conference that if the Senate can move the legislation in June, the House would still have enough runway to pass its own version and reconcile differences before the holiday deadline. Lawmakers’...

Roughly $37.25 million in leveraged crypto positions were liquidated over a four-hour window, with losses skewing toward traders positioned for a downturn—an early sign that a modest market rebound is beginning to stress crowded bearish bets. Data from CoinGlass showed short liquidations totaled about $22.98 million, or 61.69% of the wiped-out positions, while long liquidations came in at $14.27 million, or 38.31%. The imbalance suggests recent upward price action has pressured 'leveraged shorts' more aggressively than the long side, a dynamic that can amplify short-term volatility when...

BNY, formerly known as BNY Mellon, has announced the launch of crypto custody services in Abu Dhabi, marking a major step in the banks expansion into the digital asset sector. The financial giant revealed on Thursday that it will initially support Bitcoin and Ethereum custody, with future plans to include stablecoins, tokenized real-world assets (RWAs), and other regulated digital financial products. The move comes through a strategic partnership with Finstreet Limited and the ADI Foundation within the Abu Dhabi Global Market (ADGM). As the worlds largest custodian bank, managing...

Michael Saylor has reaffirmed that Strategy Inc. can maintain its dividend payments indefinitely with only a 2.3% annual increase in Bitcoin price. The statement highlights the companys growing confidence in its long-term Bitcoin treasury strategy as it continues to hold one of the largest corporate BTC reserves in the world. According to a May 7 post shared on X, Strategy explained that even modest Bitcoin appreciation could generate enough value to support perpetual dividend payments without changing its current capital structure. Saylor also confirmed that the company could sell small...

A flurry of geopolitical, regulatory, and market-structure developments rippled through crypto and broader risk markets this week, as reports of a possible U.S.-Iran agreement to end hostilities collided with unusual oil trading activity, while Europe weighed tougher crypto taxation and U.S. policymakers debated stricter ethics rules for digital-asset legislation. Geopolitical tension in the Middle East resurfaced after Odaily cited reports that a vessel in the Strait of Hormuz—a critical chokepoint for global crude shipments—was struck by a missile. Any disruption or perceived instability...

Wealthy crypto investors continued to cluster around ‘blue-chip’ digital assets on Tuesday ET, even as a handful of smaller tokens flashed extreme ‘oversold’ signals on short-term technical indicators—highlighting a market split between defensive positioning and selective bottom-fishing setups. Portfolio data for high-net-worth participants showed Bitcoin (BTC) as the most widely held asset, with an 83% holding share, followed by Ethereum (ETH) at 80% and XRP (XRP) at 70%. Solana (SOL) ranked next at 48%, while Ethereum Classic (ETC) posted a 35% share. The concentration in BTC, ETH, and...