Invest ideasNews
21 May 2026, 16:21
Bitcoin accumulation trends weaken as realized losses jump to $600M
Bitcoin whales and investors shift to distribution as realized losses surge past $600 million, as BTC price declines toward $76,000.
21 May 2026, 16:15
BitForex Founder Garrett Jin Deposits $30M USDC into Hyperliquid, Opens Leveraged Bitcoin Long
BitcoinWorld BitForex Founder Garrett Jin Deposits $30M USDC into Hyperliquid, Opens Leveraged Bitcoin Long Garrett Jin, the founder of the now-controversial cryptocurrency exchange BitForex, has moved 30 million USDC into the Hyperliquid (HYPE) platform, according to on-chain data shared by Lookonchain. The address associated with Jin currently holds a 5x leveraged long position on Bitcoin valued at approximately $39 million, which is currently showing an unrealized loss of around $82,000. Background on Garrett Jin and BitForex Garrett Jin is a well-known figure in the early Bitcoin community, often referred to as a Bitcoin OG. He founded BitForex, a cryptocurrency exchange that grew to prominence before facing serious regulatory scrutiny. In 2023, Hong Kong authorities accused BitForex of fraud, leading to a freeze on user funds and a significant loss of trust among its user base. The exchange has since been under investigation, with many users still unable to access their assets. Previous Insider Trading Allegations This is not the first time Jin’s trading activity has drawn attention. In October 2024, he faced allegations of insider trading after entering a large short position on Bitcoin just hours before a significant price drop. The timing of the trade raised questions about whether Jin had access to non-public information, though no formal charges were filed at the time. The current long position on Bitcoin, opened after the USDC deposit, adds another layer of scrutiny to his trading patterns. Implications for Hyperliquid and Market Observers The deposit and subsequent leveraged position on Hyperliquid highlight the platform’s growing role in high-stakes crypto trading. Hyperliquid, a decentralized perpetual exchange, has attracted significant volume from large traders. However, the involvement of a figure with Jin’s controversial history may raise questions about the platform’s user base and risk management. For market observers, the move signals that large capital is still flowing into leveraged Bitcoin positions despite ongoing volatility and regulatory uncertainty. Conclusion Garrett Jin’s $30 million USDC deposit into Hyperliquid and his subsequent leveraged Bitcoin long position represent a notable, if controversial, move in the crypto markets. While the unrealized loss is currently small relative to the position size, the broader context of Jin’s past legal and ethical issues makes this a development worth monitoring. The story underscores the ongoing interplay between high-profile individuals, decentralized trading platforms, and the regulatory shadows that continue to follow the industry. FAQs Q1: Who is Garrett Jin? Garrett Jin is the founder of BitForex, a cryptocurrency exchange that was accused of fraud by Hong Kong authorities. He is also a long-time Bitcoin investor and has faced previous allegations of insider trading. Q2: What is Hyperliquid? Hyperliquid (HYPE) is a decentralized perpetual exchange that allows users to trade cryptocurrencies with leverage. It has gained popularity for its high-speed order matching and deep liquidity. Q3: Why is this deposit significant? The deposit is significant because it involves a large sum of USDC from a controversial figure in the crypto space. It also highlights the ongoing use of leveraged trading by major players, despite market risks and regulatory concerns. This post BitForex Founder Garrett Jin Deposits $30M USDC into Hyperliquid, Opens Leveraged Bitcoin Long first appeared on BitcoinWorld .
21 May 2026, 16:12
Cardano’s TVL dives 80 percent with ADA at $0.25
🚨 $ADA sinks to $0.25 and Cardano’s TVL falls by 80 percent. Cardano highlights the untapped potential in decentralized Bitcoin bridges. Continue Reading: Cardano’s TVL dives 80 percent with ADA at $0.25 The post Cardano’s TVL dives 80 percent with ADA at $0.25 appeared first on COINTURK NEWS .
21 May 2026, 16:10
US Lawmaker Introduces Bill to Add Bitcoin to National Reserves
BitcoinWorld US Lawmaker Introduces Bill to Add Bitcoin to National Reserves Pro-crypto U.S. Representative Nick Begich has introduced the American Reserve Modernization Act (ARMA), a bill that proposes adding Bitcoin to the nation’s reserve assets. The announcement, made via X on [date of announcement], marks a significant legislative push to integrate digital assets into the U.S. government’s financial strategy. What the ARMA Bill Proposes The American Reserve Modernization Act aims to stockpile Bitcoin as a government reserve asset, arguing that the nation’s reserve portfolio must evolve with changing market perceptions of value. Begich stated that while the U.S. reserve asset balance sheet is a core component of the nation’s insurance policy, backing the dollar and ensuring stability, the definition of a sustainable store of value can shift over time. The bill would also centrally manage digital assets held by the federal government and protect them as reserve assets for future generations. Context and Implications The introduction of ARMA comes amid a broader global conversation about the role of digital assets in national financial systems. Several countries, including El Salvador and the Central African Republic, have already adopted Bitcoin as legal tender, while others are exploring central bank digital currencies. In the United States, the bill faces an uncertain path through Congress, where cryptocurrency regulation remains a deeply partisan issue. However, Begich’s proposal signals growing mainstream acceptance of Bitcoin as a legitimate financial instrument rather than a speculative asset. Why This Matters to Investors and the Public If passed, ARMA could fundamentally alter the U.S. government’s approach to digital assets, potentially stabilizing Bitcoin’s price through government demand and legitimizing it as a reserve currency. Critics argue that Bitcoin’s volatility makes it unsuitable for national reserves, while supporters point to its fixed supply and decentralized nature as hedges against inflation and currency debasement. The bill’s progress will be closely watched by financial markets, cryptocurrency exchanges, and policymakers worldwide. Conclusion The American Reserve Modernization Act represents a pivotal moment in the ongoing debate over digital assets in the United States. While its passage is far from guaranteed, the bill underscores a shift in how lawmakers perceive Bitcoin’s role in the national economy. Readers should monitor the bill’s progress through committee hearings and floor votes in the coming months. FAQs Q1: What is the American Reserve Modernization Act? The American Reserve Modernization Act is a bill introduced by Representative Nick Begich that proposes adding Bitcoin to the U.S. government’s reserve assets, alongside gold and other traditional reserves. Q2: Why is Bitcoin being considered for national reserves? Proponents argue that Bitcoin’s fixed supply and decentralized nature make it a hedge against inflation and a modern store of value. The bill aims to adapt the U.S. reserve portfolio to evolving market perceptions. Q3: What are the chances of the bill passing? The bill faces significant hurdles in a divided Congress, but its introduction marks a notable step in the mainstream acceptance of cryptocurrency. Its progress will depend on bipartisan support and further legislative debate. This post US Lawmaker Introduces Bill to Add Bitcoin to National Reserves first appeared on BitcoinWorld .
21 May 2026, 16:04
Ripple backs Clarity Act for 67 million US crypto investors
🚀 Ripple’s top lawyer pushes for the Clarity Act to protect 67 million US crypto owners. Regulation would clarify which tokens will count as securities or commodities in $XRP and beyond. 🐘 Key point: Congress plans to vote on a unified crypto law by late summer. Continue Reading: Ripple backs Clarity Act for 67 million US crypto investors The post Ripple backs Clarity Act for 67 million US crypto investors appeared first on COINTURK NEWS .
21 May 2026, 16:02
Largest RLUSD Mint Ever Just Happened on XRP
200 million RLUSD tokens were recently minted at the RLUSD Treasury. XRP community validator and commentator Vet (@Vet_X0) flagged the event. This is the largest single RLUSD mint ever recorded on the XRP Ledger, and the transaction is publicly verifiable on XRPScan. RLUSD is Ripple’s USD-backed stablecoin. It operates on the XRP Ledger and represents real dollar liquidity entering the ecosystem. Every mint is institutional by design. Vet confirmed this to a community member, stating that “all RLUSD mints are institutions, because you need to be a Ripple Customer.” XRP and its ecosystem were built for institutional use , and this mint shows high institutional activity. The XRP Ledger continues to build its position as an institutional-grade settlement network, and the $200 million mint signals that a significant institutional player is moving capital through Ripple’s system. The largest $RLUSD mint ever just happened on XRP. https://t.co/iueAZVQBFQ — Vet (@Vet_X0) May 20, 2026 What This Mint Represents The scale of this mint tells a clear story. Vet noted that the first RLUSD mint was for less than $50. The ecosystem now sits at $200 million in a single transaction. That is liquidity ramping onto the XRP Ledger at an institutional scale . Vet also affirmed his belief that the community could one day see a $1 billion RLUSD mint on the ledger. RLUSD mints convert real USD into on-chain stablecoin liquidity. That liquidity can then be deployed across the XRP Ledger’s decentralized exchange, used in payments, or held as a stable store of value on-chain. A $200 million injection does not sit idle. It participates in the network, using up XRP in fees and as a bridge . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Importance of this Institutional Adoption The XRP Ledger is built for payments and asset settlement. RLUSD adoption strengthens that use case. Stablecoin liquidity on the ledger creates deeper markets. It supports faster, cheaper settlement for institutions using Ripple’s payment infrastructure. Rising RLUSD adoption drives direct utility for XRP . XRP serves as a bridge asset in Ripple’s payment corridors. More stablecoin activity on the ledger increases transaction volume. Higher volume means more demand for XRP to facilitate those transactions. The growth trajectory is also significant. Going from a $50 mint to a $200 million mint shows rapid institutional adoption of the ledger as a settlement layer. Each new mint adds to the liquidity base, and a deeper liquidity base attracts more institutional participants. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Largest RLUSD Mint Ever Just Happened on XRP appeared first on Times Tabloid .
