Invest ideasNews
30 May 2026, 20:02
BNB jumps 11 percent to $712 after Binance announcement
🚀 BNB soared 11 percent to touch $712 after Binance’s new product teaser. Trading momentum surged as $BNB broke months-long $700 resistance. 🕵️♂️ Critical data: $700 is now a key support but correction to $640 possible if momentum stalls. Continue Reading: BNB jumps 11 percent to $712 after Binance announcement The post BNB jumps 11 percent to $712 after Binance announcement appeared first on COINTURK NEWS .
30 May 2026, 20:00
40% of Bitcoin holders are in the red: Is a 2022-style bear run returning?
Bitcoin's underwater supply has climbed above 40% as investors question whether long-term conviction can hold.
30 May 2026, 20:00
On-Chain Data Suggests XRP Still Overvalued Despite Weak Price Action — More Pain For Bulls?
The crypto market seems to be returning to its bearish structure as the year’s second quarter has worn on, with large-cap assets taking most of the hit in the past few weeks. With this grim market backdrop, the XRP token has lost nearly 10% of its value over the last two weeks. What’s interesting is, despite its disappointing recent form, the altcoin is being earmarked as one of the assets overvalued by the market in the moment. According to the latest on-chain data, the XRP token could witness a repricing over the coming weeks. NVT Ratio Climbs 20% In A Single Week In a Quicktake post on the CryptoQuant platform, CryptoOnchain hypothesized that XRP appears to have entered the “overvalued” territory. The market analyst said that the altcoin is exhibiting increasing divergence between its network’s market valuation and actual fundamental utility. Related Reading: Can Ethereum Reclaim Its 2021 Highs Against Bitcoin As Fundamentals Strengthen? This evaluation is based on significant changes in the Network Value to Transactions (NVT) ratio, which measures an asset’s network value (market cap) relative to the daily volume transacted on the network. This on-chain indicator provides insight into XRP’s valuation conditions. According to CryptoQuant data, the XRP NVT ratio has been steadily rising over the past week, posting a 20.3% jump relative to its 3-month baseline. “This structural rise in NVT occurs while the price attempts to consolidate near the $1.33 level,” CryptoOnchain wrote in the Quicktake post. Typically, a rising NVT ratio suggests that the market or investors are pricing the digital asset higher than the actual value of the assets being transferred on the network, indicating overvaluation. CryptoOnchain, however, noted that the increasing Network Value to Transactions indicator doesn’t tell the complete story. A look at XRP’s exchange activity shows a dearth of spot market participation; for instance, CryptoQuant data show that Binance inflows and outflows have both fallen by roughly 98% compared to their 3-month averages. Meanwhile, active deposit addresses on the world’s largest crypto exchange have declined by 94%. According to CryptoOnchain, the combination of the rising NVT metric and a decline in spot market participation suggests that the XRP price lacks fundamental support from active investors or network usage. With this setup, the altcoin is in a dangerous position, which could see its price fall to lower levels as it seeks its fair value. XRP Price At A Glance As of this writing, the price of XRP stands at around $1.32, reflecting no significant movement in the past 24 hours. Related Reading: Solana Clings To Critical Multi-Year Support As Breakout Pressure Builds Featured image from iStock, chart from TradingView
30 May 2026, 19:33
XLM jumps 113 percent to $0.2483 but faces volatility
🚀 XLM soared 113 percent to a high of $0.2483. Short-term profit-taking could push $XLM down to $0.15-$0.20. Continue Reading: XLM jumps 113 percent to $0.2483 but faces volatility The post XLM jumps 113 percent to $0.2483 but faces volatility appeared first on COINTURK NEWS .
30 May 2026, 19:30
$1 Billion In Iranian Crypto Seized By US, Treasury Secretary Says
Treasury Secretary Scott Bessent recently revealed that the United States has seized $1 billion worth of crypto assets tied to the Iranian government. This figure has continued to rise amid the ongoing conflict between the two nations. Operation Economic Fury Sends Iran Into Crisis: US Treasury Secretary Earlier in the month, Bessent disclosed that the US government had confiscated $500 million in Iranian crypto assets. On Friday, May 29th, barely a month later, Bessent announced at the Reagan National Economic Forum that this figure has now climbed above the $1 billion mark. These crypto seizures form part of a broader strategy named “Operation Economic Fury,” which, according to Bessent, has squeezed the Iranian government into an economic crisis. The campaign, launched in April 2026, was said to be targeting Iran’s illegal oil smuggling networks, shadow financing, and “regional maritime extortion” around the Strait of Hormuz. Bessent said at the conference: I think between five and a half-six weeks of an incredibly successful military campaign, and then Operation Economic Fury, where we have really cut them off. And they are at the end of their tether now financially. I think 40 or 50% of the [Iranian] troops aren’t getting paid. Police aren’t reporting to the station. Inflation is probably over 200%. They’re having to give out food vouchers. They have turned off the internet. According to the Treasury Secretary, their efforts have been aided by allies in Europe, who have helped with the seizure of villas and other properties believed to have been funded by money stolen from the Iranian people. Bessent revealed that the Iranian regime was stealing $400 to $500 million — shared among a group of leaders — every month. This revelation comes after news that the United States and Iran have drafted a framework to extend their ceasefire by 60 more days, with the agreement awaiting US President Donald Trump’s approval. Despite Trump’s meeting with his national security team on Friday and claiming a “final determination” on Iran, recent reports suggest that the meeting ended without a final decision on a new deal. One of the major talking points still holding up the agreement is the uncertainties around unfreezing the seized Iranian funds, including the crypto assets. While there is no suggestion that this would be the case for the seized Iranian digital assets, it is worth mentioning that Bessent had hinted at using seized crypto (specifically) to build up its strategic reserve rather than buying. Crypto Market Cap Overview As of this writing, the total cryptocurrency market cap stands at around $2.45 trillion, reflecting a 0.24% jump in the past 24 hours.
30 May 2026, 19:19
Ethereum OG Offloads $136 Million in ETH and wstETH as Sellers Test $2,000
An early Ethereum investor has sold roughly $136 million worth of ether and staked-ether tokens over the past week, adding to the selling pressure already weighing on ETH near the $2,000 mark. A Week of Steady Selling The wallet, an early participant holding coins since the network’s first years, sold 55,000 ETH worth about $112.25
