News
18 May 2026, 17:01
Crypto funds see $1B in outflows as Iran tensions revive risk-off sentiment

Institutional investors pulled capital from Bitcoin and Ether products as Iran tension and rising inflation rattled markets, while XRP and Solana funds continued to attract fresh inflows.
18 May 2026, 17:00
XRP’s Recent Strategic Setup Could Mark The End For Bears – Crypto Analyst Says

A growing sense of optimism is returning for XRP following recent bold forecasts from analysts about the altcoin reaching unprecedented price levels. During this wave of optimism, a crypto expert has outlined a growing setup that signals that bears are losing control of the market once again. Pundit Says “It’s Over For XRP Bears” XRP’s price is hovering around the $1.38 level following a pullback on Sunday. While the altcoin continues to struggle around this key level, Cheeky Crypto, a market expert and investor, argues that the recent price structure could spell trouble for bears. According to the expert, the signal is already flashing that “it is over for XRP bears.” XRP is starting to exhibit indications of a strategic setup that is frequently linked to increased momentum and a potential shift in market control in favor of buyers. “The charts look flat and the ‘to the moon’ crowd has vanished, but this heavy silence is actually a strategic setup,” the expert stated. Although average retail traders are making use of low volume as an excuse to quit, a methodical, silent reset is slowly forming that signals a fundamental market restructuring. This setup could clearly lead to the end for bears as momentum steadily builds underneath the surface. As of May 2026, Cheeky Crypto highlighted that XRP has surpassed Binance Coin (BNB) to become the number four asset in the world with an over $84 billion market valuation. This resilient price action is likely to spur renewed interest among investors, which could lead to a drop in bearish pressure across the market. Cheeky Crypto stated that this is not a funeral for the bears. Rather, it is a coiled spring prepared for a massive move. Adding to this trend is the rising interest in the altcoin among institutional investors, which would play a key role in triggering a move to the $1.80 zone. Currently, institutional players are using the quiet period to build massive positions in XRP via Spot Exchange-Traded Funds (ETFs) , while preparing for the Digital Asset Market CLARITY Act . As the weekly TD Sequential flashes a significant buy signal and the ghost in the ledger displays high-frequency trading activity, the route to the $1.80 target is becoming evident. A Historical 700% Move Incoming For The Altcoin? The price may have pulled back, but CoinForge claims that the XRP structure is looking insanely bullish right now. CoinForge’s analysis is based on historical levels and trends that previously preceded massive rallies for the altcoin . According to the expert, the altcoin is currently sitting at a critical level that triggered a leg up of over 700% the last time. At the same time, the Moving Average Convergence Divergence (MACD) has done a deep Golden Cross, a setup that is primed for an expansion. Should the trend repeat, the goal is slightly below $5, which would represent a 240% increase. “If you’ve been waiting, you’re about to get rewarded,” CoinForge added, while urging investors to remain patient.
18 May 2026, 17:00
Why Bitcoin price faces new risk as exchange reserves rise by 20K BTC

Bitcoin short-term holders breach $78,000 threshold as $1.53 billion in exchange reserves pile up.
18 May 2026, 16:56
Bitcoin and ethereum ETFs see $1.03B weekly outflow

🚨 $1.039 billion left Bitcoin and Ethereum ETFs in a week. Solana and $XRP-based funds attracted strong inflows despite the trend. 🔑 Critical data: Institutions are choosing more diverse crypto portfolios. Continue Reading: Bitcoin and ethereum ETFs see $1.03B weekly outflow The post Bitcoin and ethereum ETFs see $1.03B weekly outflow appeared first on COINTURK NEWS .
18 May 2026, 16:55
Forsage Co-Founder Pleads Not Guilty in $340M Crypto Ponzi Case After Extradition

BitcoinWorld Forsage Co-Founder Pleads Not Guilty in $340M Crypto Ponzi Case After Extradition Olena Oblamska, a co-founder of the cryptocurrency investment platform Forsage, has pleaded not guilty to charges of wire fraud conspiracy following her extradition from Thailand to the United States. The plea, entered in a federal court, marks the latest development in a case that the U.S. Department of Justice describes as one of the largest crypto-based Ponzi and pyramid schemes ever prosecuted. How Forsage Operated and Why Regulators Took Action Launched in 2020, Forsage presented itself as a decentralized application (DApp) that allowed users to invest in smart contracts on the Ethereum, Tron, and BNB blockchain networks. According to the DOJ, the platform was structured to automatically redistribute funds from new investors to earlier participants—a hallmark of both Ponzi and pyramid schemes. The U.S. Securities and Exchange Commission filed a civil suit against Forsage and its founders in 2022, alleging that the platform had raised approximately $340 million from investors worldwide. Blockchain Evidence and Investor Impact Blockchain analysis conducted by investigators revealed that more than 80% of all Forsage investors received less money back than they had put in, with over half receiving no returns at all. The data, drawn from public ledgers, provided a transparent but damning record of the platform’s unsustainable payout structure. Legal experts note that the use of immutable smart contracts made the flow of funds easier to trace, but also gave the scheme a veneer of legitimacy that attracted unsuspecting participants. What the Case Means for Crypto Regulation This case is being closely watched by regulators and legal observers as a test of how U.S. authorities handle cross-border crypto fraud. Oblamska’s extradition from Thailand—a country not typically known for swift cooperation in financial crime cases—signals a growing willingness among international partners to pursue crypto-related offenders. The outcome could set a precedent for how decentralized finance platforms are held accountable under existing securities and fraud laws. Conclusion As Oblamska’s case moves toward trial, it underscores the risks inherent in unregulated crypto investment platforms that promise guaranteed returns. For the broader industry, the Forsage prosecution serves as a reminder that blockchain transparency can be a double-edged sword—exposing both the mechanics of a scheme and the evidence needed to dismantle it. The court proceedings will likely provide further clarity on how U.S. law applies to decentralized financial products that operate across multiple jurisdictions. FAQs Q1: What is Forsage? Forsage was a cryptocurrency investment platform launched in 2020 that used smart contracts on Ethereum, Tron, and BNB blockchains. U.S. authorities allege it operated as a Ponzi and pyramid scheme, redistributing new investor funds to earlier participants. Q2: How much money did investors lose in the Forsage scheme? The U.S. Securities and Exchange Commission estimates total losses at approximately $340 million. Blockchain analysis showed that over 80% of investors received less than they invested, and more than half received nothing. Q3: Why was Olena Oblamska extradited from Thailand? Olena Oblamska was extradited to the United States to face federal charges of wire fraud conspiracy. Her extradition reflects increased international cooperation in prosecuting cross-border cryptocurrency fraud cases. This post Forsage Co-Founder Pleads Not Guilty in $340M Crypto Ponzi Case After Extradition first appeared on BitcoinWorld .
18 May 2026, 16:55
Ethereum Slides to $2,100 as ETFs Bleed $249M, BitMine Adds $151M ETH

Ethereum News Ether tumbled to roughly $2,100 on Monday, extending a 12% retreat from its early-May local high near $2,420 and marking its lowest print since mid-April. The rejection at the $2,400 ...









































