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19 May 2026, 14:07
Bitcoin miner Canaan posts $88.7M net loss in Q1 amid BTC decline
Canaan’s Q1 results were dragged down by a $25 million inventory write-down and a 75% quarterly drop in equipment sales as Bitcoin prices retreated from their highs.
19 May 2026, 14:04
NEAR Eyes $2 Test, Oil Holds $107 on Iran Risk, AI Spam Floods Bug Bounties
Crypto News Companies running bug bounty programs are confronting an unprecedented wave of low-quality, AI-generated vulnerability submissions that are eroding the value of the practice. Security t...
19 May 2026, 14:02
Pundit Has Message for Those Still Hesitant about XRP
Crypto commentator Jenny has drawn attention to a new institutional move involving XRP, arguing that major financial institutions may already be positioning themselves ahead of a broader market rally. Jenny referenced reports that Italy’s largest bank, Intesa Sanpaolo, gained exposure to XRP through an investment linked to the Grayscale XRP Trust. The commentator questioned why some retail investors remain uncertain about XRP, as a banking institution managing approximately $1.1 trillion in assets has reportedly moved into the market. Jenny wrote that investors who still doubt XRP should “follow the flow of funds,” adding that the bank’s reported $18 million XRP-related position could signal growing confidence among large financial entities. The post framed the development as a contrast between retail sentiment and institutional activity. Jenny claimed that while many market participants continue selling XRP, major institutions appear to be preparing for what she described as an upcoming bull market. To all those still hesitant about XRP If you still don't trust your own judgment, then follow the flow of funds. Just now, Italy's largest bank, with assets of approximately $1.1 trillion, just… bought $18 million worth of XRP. While everyone is selling Ripple and XRP, a… pic.twitter.com/DBWP6K4h6F — Jenny (@Jenny_Solstice) May 16, 2026 WuBlockchain Video Details Bank’s Crypto Expansion The X post also included a screen-recorded video citing information shared by WuBlockchain. According to the report shown in the video, Intesa Sanpaolo sharply increased its cryptocurrency exposure during the first quarter of 2026. The report stated that the bank’s crypto-related assets rose from approximately $100 million in the fourth quarter of 2025 to around $235 million by the end of March 2026. The increase reportedly came through additional Bitcoin exposure, a new Ethereum-related position, and the introduction of XRP-linked holdings. According to the video, the bank purchased shares of the iShares Staked Ethereum Trust, giving it Ethereum exposure for the first time. The report further claimed that Intesa Sanpaolo established a new XRP-related position through the Grayscale XRP Trust, holding 712,319 shares valued at roughly $18 million. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 At the same time, the bank reportedly reduced its exposure to Solana-linked investment products. It specifically mentions a decrease in holdings linked to the Bitwise Solana Staking ETF. XRP Continues to Attract Institutional Attention The development highlighted by Jenny comes as institutional interest in digital assets continues to expand across multiple regions. Financial institutions have increasingly explored regulated crypto investment products rather than direct token ownership, enabling them to gain market exposure through established investment structures. The reported move involving the Grayscale XRP Trust is notable because it suggests that some institutions may view XRP as part of a broader long-term digital asset strategy alongside Bitcoin and Ethereum . 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 Pundit Has Message for Those Still Hesitant about XRP appeared first on Times Tabloid .
19 May 2026, 14:02
Bitcoin ETFs Lose $648M as Strive Stacks 382 BTC, HRF Debuts Nonprofit Playbook
Bitcoin News US spot Bitcoin ETFs surrendered another $648.64 million on Monday, extending last week's roughly $1 billion in redemptions and underscoring how quickly institutional positioning has c...
19 May 2026, 14:00
Bitmine buys ‘attractive’ Ethereum dip despite ETH’s 12.6% pullback – Here’s why
Despite ETH staking demand surging to 31%, the altcoin's price has lagged behind.
19 May 2026, 14:00
XRP Exchange Netflow Data Says Accumulation Is Ongoing, But Who’s Buying?
XRP is moving quietly, but the blockchain activity surrounding it is becoming louder by the day. Fresh exchange flow data has sparked speculation that large buyers may be accumulating behind the scenes while the market remains focused on price consolidation. The question now is who is buying all the XRP leaving exchanges, and why it could matter in the months ahead. XRP Vanishes From Exchanges Crypto analyst @Xaif_Crypto has recently highlighted a sharp rise in withdrawals across multiple global exchanges. The CryptoQuant chart attached to his post tracked daily outflows exceeding one million XRP and showed repeated bursts of activity stretching from February into May. While the blockchain data does not reveal the exact identities of the wallets receiving the XRP, the pattern of transfers, which consistently exceeded one million XRP per day, strongly suggests large-scale buyers rather than retail traders. Some of the largest withdrawal spikes appeared during periods when the altcoin traded around $1.80 earlier this year. What caught attention, however, was the fact that the movement continued even after the price cooled into the mid-$1.30 range. Instead of slowing down, exchange withdrawals remained active across platforms, including Binance, Coinbase, Upbit, KuCoin, Kraken, Bitstamp, Bybit, HTX, Bithumb, and Bitget. When activity appears across several exchanges at once, analysts usually interpret it as coordinated accumulation. The timing of the latest withdrawals is also important. Historically, large accumulation phases tend to happen during quieter market periods when prices move sideways, and public interest fades. The current trend has led some traders to believe that larger buyers may be building positions before a potential catalyst pushes XRP into a new price range. If that is the case, the ongoing withdrawals could become more significant later. Following The Big Money The conversation around accumulation grew even stronger as @Xaif_crypto referenced comments tied to market maker AlexisYellow regarding possible future capital flows into the ecosystem. According to the discussion, XRP could eventually benefit from billions of dollars in fresh ETF-related demand if regulatory conditions continue improving in the United States. The argument centers around XRP Ledger’s growing reputation as a blockchain designed for compliant financial settlement and tokenized asset movement. If institutions begin viewing XRPL as infrastructure for regulated finance rather than just another crypto network, demand for liquidity could increase substantially. That narrative has gained momentum alongside ongoing discussions surrounding the proposed CLARITY Act, which many in the industry believe could create clearer rules for digital assets in the United States. A more defined regulatory framework would likely make institutional participation easier , especially for firms that have remained cautious about direct crypto exposure. For now, the blockchain data only tells part of the story. The wallets behind the withdrawals remain unknown, but the pattern itself is becoming harder to dismiss. Large amounts of XRP continue leaving exchanges while the price remains relatively subdued, suggesting that large-scale investors are accumulating quietly while much of the market is still waiting for confirmation.
