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18 May 2026, 22:15

Tenbin Labs shifts $1 billion assets to CCIP from LayerZero

🚨 Tenbin Labs moves all bridges from LayerZero to Chainlink's $LINK CCIP. Entire tGLD, tMXN, tBRL supply will now transfer only through CCIP. Continue Reading: Tenbin Labs shifts $1 billion assets to CCIP from LayerZero The post Tenbin Labs shifts $1 billion assets to CCIP from LayerZero appeared first on COINTURK NEWS .

18 May 2026, 22:05

Bitcoin Dip-Buy Signal Emerges as Retail Fear Overtakes Optimism

BTC’s slide toward $76,000 pushed bitcoin sentiment into bearish territory, according to Santiment. The firm said retail pessimism hit its weakest level in nearly four weeks, a setup it views as supportive for a potential rebound. Bitcoin Sentiment Ratio Turns Bearish After BTC Slide Bitcoin traded near $77,000 around 5:36 p.m. after briefly dipping toward

18 May 2026, 21:48

Tom Lee Links Ethereum Weakness to Rising Oil Prices

According to Bitmine Chairman Tom Lee, rising oil prices are the biggest reason Ethereum (ETH) has been struggling, and he says the inverse correlation between the two assets has hit the highest level ever recorded. His observation has come at a time when ETH is trading near $2,100, down roughly 3% in 24 hours and 12% over the past month. The Oil Connection Lee laid out his thinking in a post on X on May 18, saying that as oil prices climbed over the past six weeks, ETH fell in step. “Rising oil prices is the biggest headwind,” he wrote, noting that the ETH-oil inverse correlation was at its “highest ever.” According to him, the implication is straightforward. Should oil reverse lower, ETH is likely to recover. However, Lee was careful to frame this as short-term noise rather than a structural problem. The longer-term case, in his view, still rests on two things: tokenization of real-world assets and agentic AI. “These structural drivers are in place,” he wrote. “Thus, we expect ETH prices to be stronger as we move through 2026.” The timing of his comments matters. ETH has been grinding lower for weeks, and the drop accelerated on May 18 after fresh geopolitical pressure came from US President Donald Trump, who warned Iran that its “clock is ticking” in a Truth Social post. BTC slid to around $76,700 in response, its lowest level since early May, while over $660 million in leveraged positions were liquidated across the market, with ETH accounting for $256 million of that wipeout, according to data from CoinGlass. The sell-off on Binance and OKX was particularly aggressive , with figures shared by analyst Amr Taha showing that taker sell volume on Binance crossed $1.1 billion as ETH pushed toward $2,100. A Market Cleared of Longs What the liquidation data shows is a market that has been largely flushed of bullish leverage. According to market observer CW, only about $600 million in high-leverage ETH long positions remain , while short positions have reached $6.3 billion, more than ten times the size of the long side. They also noted that a new CME gap has formed around $2,200 and that three unfilled CME gaps now sit between the current price and $3,200, removing a layer of downside technical risk. Another trader, Crypto Ed, said both Bitcoin and Ethereum had entered what he described as “green box” support zones, though he still expected another leg lower before any sustained recovery. ETH hit a 10-month low against BTC over the weekend, with the ETH/BTC pair falling under 0.028, a level not seen since the middle of last year. The post Tom Lee Links Ethereum Weakness to Rising Oil Prices appeared first on CryptoPotato .

18 May 2026, 21:47

Bitcoin lost its hold on $80K, but three events may send it back sooner than markets expect

Bitcoin positions itself for a rally above $80,000 after Strategy's $2 billion BTC buy, crumbling investor confidence in the US Treasury and a potential US-Iran deal.

18 May 2026, 21:43

AVAX drops 2.3 percent to $9 as sell pressure grows

🚨 AVAX price dropped 2.3 percent in 24 hours to $9.05. The majority of recent Avalanche transactions cost less than 0.0001 $AVAX. Continue Reading: AVAX drops 2.3 percent to $9 as sell pressure grows The post AVAX drops 2.3 percent to $9 as sell pressure grows appeared first on COINTURK NEWS .

18 May 2026, 21:30

Curious About What The CLARITY Act Says About XRP? Here Are The Parts To Focus ON

With the US Digital Asset CLARITY Act inching closer to becoming law, many investors and supporters are eager to know how it could shake things up for XRP. A crypto analyst has broken down the specific sections of the bill that could directly impact XRP, Ripple, and its stablecoin RLUSD. These key parts touch on XRP’s status as a commodity, its role in banking infrastructure, and potential yield opportunities for investors. What The CLARITY Act Means For XRP In a recent X post, pseudonymous crypto analyst @Whiplash437 outlined the exact sections of the CLARITY Act that could have the biggest impact on XRP. He started with Section 105, which defines digital assets and supports classifying blockchain-based cryptocurrencies as commodities. Related Reading: The CLARITY Act Is Not The Only Win For XRP, Here Are Other Wins For Ripple According to the analyst, this section matters because it could pull cryptocurrencies out from under the tight, strict grip of the Securities and Exchange Commission (SEC) and place them firmly under the jurisdiction of the Commodity Futures Trading Commission (CFTC). @Whiplash437 noted that Section 105 could build a legal shield around XRP by turning Judge Analisa Torres’ earlier ruling, that XRP’s secondary market sales are not securities, into permanent federal law. He then moved on to Section 110, which requires digital commodity exchanges, dealers, and brokers to register for Anti-Money Laundering (AML) purposes and comply with the Bank Secrecy Act (BSA). The section also introduces the concept of “mature blockchains,” a classification that would fall under CFTC oversight. @Whiplash437 described this part of the bill as a test, noting that the XRP Ledger (XRPL) has already passed the mature blockchain criteria. He touted the blockchain’s growth, noting that XRPL has had 13 years of zero downtime, executed over 90 million transitions, and boasts globally placed decentralized validators. The analyst also said that this section would officially qualify XRP as a digital commodity under the CFTC. How The Bill Could Affect Ripple And RLUSD Beyond XRP, @Whiplash437 also highlighted sections of the CLARITY Act that could be a big win for Ripple and RLUSD once the bill is passed. He pointed to Section 401, which focuses on how financial institutions handle digital assets. Related Reading: Bitcoin And XRP Climb On CLARITY Act News—But Clear Path To Law Isn’t Done Yet Under this section, the analyst said US banks, credit unions, and financial holding companies would be allowed to use digital assets for payments, custody, clearing, and settlement. He also noted that this part of the bill will effectively unlock the entire American banking sector to Ripple’s infrastructure and the XRP Ledger. Finally, @Whiplash437 also flagged Section 404, which bans yield payments on just holding stablecoins. The analyst stated that despite the restriction, the bill still allows crypto users to earn activity-based rewards through staking, governance, and loyalty programs. He believes this policy will play a key role in shaping how RLUSD is offered across the US markets. Featured image from Freepik, chart from Tradingview.com