News
23 May 2026, 18:25
Grayscale backs Sui as network pushes for expansion with free stablecoin transfers

Grayscale has declared a bullish future for Sui and its Staking ETF (ticker: GSUI), which gives both institutional and retail investors a more regulated way to gain exposure to the Sui network. Grayscale’s backing comes just two days after the Sui blockchain removed gas fees for stablecoin transfers . Sui is one of the core assets, like Bitcoin and Ethereum, that Grayscale offers in its growing portfolio of crypto products. Grayscale continues its strategy of backing blockchain networks that are ready for widespread institutional adoption. The asset manager’s track record includes building dedicated products for projects like BTC, ETH, Solana, and others when it identified sufficiently bullish conditions. What exactly is the GSUI ETF? According to the fund’s X announcement , while the Grayscale Sui Staking ETF works like an exchange-traded product, it’s not registered under the Investment Company Act of 1940. This means that the GSUI ETF does not provide the same level of regulatory oversight and investor protections that standard ETFs or mutual funds do, which is something all investors should consider carefully before buying in. Grayscale noted the importance of Sui’s new payment capabilities in its declaration. “Stablecoins are becoming core financial infrastructure,” the firm wrote on X . “The networks that remove friction win. We believe $SUI just removed one of the biggest ones.” Having previously backed major assets like Bitcoin, Ethereum, and Solana, as Cryptopolitan reported , Grayscale has now identified Sui as a top contender for attracting future institutional capital once US crypto legislation passes, placing it in the same conversations as other high-potential networks like BNB Chain and Canton Network. Free stablecoin transfers go live on mainnet The “friction” Grayscale was referring to is gas fees. On Thursday, May 21, Sui Network confirmed that they eliminated that issue by launching fully gasless stablecoin transfers on their mainnet, eliminating all transfer costs for supported tokens, including USDC, FDUSD, USDSui, and several others. Mysten Labs co-founder Adeniyi Abiodun (whose team originally built Sui) called the update a step toward making the network “the global rail for payments.” The new feature will be a permanent, protocol-wide change, according to a press release this Wednesday. Fireblocks (a digital asset infrastructure provider that has processed over $14 trillion in transactions) was also one of the first to integrate support for the gasless transfers before it was deployed. Ran Goldi, SVP of Payments and Network at Fireblocks, stated that Sui was “making all the right moves” by removing “a major point of friction for enterprises building onchain payment flows.” Sui’s reputation is on the rise in the stablecoin and DeFi space The Sui network has handled some significant activity recently, hitting a major milestone by processing over $1 trillion in stablecoin transfer volume since August 2025, according to Abiodun’s remarks at Consensus 2026. Latest data from DefiLlama also shows Sui holding roughly $570 million in total value locked (TVL) across its DeFi protocols, with a stablecoin market cap of about $582 million. According to CoinMarketCap , the SUI token is currently trading around $1.03, which is far below its January 2025 all-time high of $5.35. Institutional products multiply GSUI is not the only investment product focused on SUI. Four SUI-linked products from 21Shares, Grayscale, and Canary Capital have already launched globally in 2026. CME Group will also list SUI futures on May 29, giving professional traders access to regulated derivatives on one of the largest regulated exchanges in the United States. That institutional infrastructure is arriving alongside protocol upgrades, apart from payments. Abiodun also shared that Sui would launch confidential transactions this year and is testing post-quantum cryptographic signatures on its testnet, targeting deployment ahead of EU quantum-resistance mandates expected by 2030. If you're reading this, you’re already ahead. Stay there with our newsletter .
23 May 2026, 18:18
XRP briefly spikes to $50 on Gemini amid liquidity crunch

🚀 XRP briefly reached $50 on Gemini, while other exchanges held steady at $1.33. This wild spike was caused by a thin order book and low liquidity in $XRP. Continue Reading: XRP briefly spikes to $50 on Gemini amid liquidity crunch The post XRP briefly spikes to $50 on Gemini amid liquidity crunch appeared first on COINTURK NEWS .
23 May 2026, 18:10
Ethereum Whale Dumps 20,000 ETH for $41.18M in a Single Hour as $2,000 Support Emerges

A solo ethereum wallet offloaded 20,000 ETH worth $41.18 million at $2,059 in under an hour, adding fresh selling pressure to an asset already contending with ten consecutive days of spot ETF outflows. ETF Outflows Add to the Pressure A large ethereum holder (identified as wallet 0xB4d3) sold 20,000 ETH valued at $41.18 in a
23 May 2026, 18:02
Expert to XRP Investors: This Is Your Best Chance to Buy Cheap. Here’s What Is Coming

Crypto commentator X Finance Bull has argued that investors may be overlooking what he believes could become a major turning point for XRP and other digital utility assets later this year. The crypto proponent stated in a recent tweet that “major bullish catalyst announcements” are expected in 2026 and claimed those developments could create “massive demand” for XRP and related assets. The post focused heavily on current market sentiment, particularly the fear many traders experience during periods of price declines. X Finance Bull questioned why investors remain worried about “red candles” despite the expectation of significant developments ahead. He concluded the post by telling followers that the current market conditions may represent “the best chance to buy cheap.” The statement reflects a growing view among some digital asset supporters that short-term price weakness does not necessarily invalidate long-term expectations for institutional adoption and broader utility-driven demand. There will be major bullish catalyst announcements this year that will bring massive demand to $XRP and digital utility assets. Yet people are still scared of red candles? THIS IS YOUR BEST CHANCE TO BUY CHEAP! — X Finance Bull (@Xfinancebull) May 22, 2026 Debate Emerges Over Timing of Market Reactions Several users responded to the post with different perspectives on how catalysts influence market prices. One commenter, 8lends, argued that catalysts and price action rarely move in perfect alignment. According to the user, markets often “pre-react” before the actual developments occur, suggesting that traders who wait for official announcements may already be too late. X Finance Bull responded by acknowledging that timing in the crypto market is “never clean.” However, he maintained that the combination of market structure, liquidity conditions, and upcoming catalysts could still favor early positioning. In his reply, he asked whether investors would prefer to be early or “chasing later” after prices move higher. Supporters Continue to Focus on Institutional Adoption Other users connected the discussion directly to institutional adoption. A commenter identified as Joshua referenced comments previously made by Monica Long and said large-scale institutional adoption remains an important long-term factor for XRP. Institutional interest remains one of the most discussed themes surrounding XRP. Supporters often point to payment infrastructure, cross-border settlement capabilities , and expanding blockchain utility as reasons they believe adoption could increase over time. Another user, RippleAura, argued that the strongest opportunities often emerge during periods of skepticism rather than optimism. The commenter stated that market hesitation can create opportunities for investors willing to take positions before sentiment improves. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Skepticism Remains as XRP Price Faces Pressure Not every response supported the optimistic outlook. One user, Niko, expressed frustration over repeated bullish predictions that have not translated into sustained price growth. The commenter said similar expectations have circulated for more than a year while XRP’s price has continued to face downward pressure. The user added that many investors now want to see tangible price performance rather than continued speculation about future developments. The comment reflected a broader sentiment among some traders who have become cautious after extended periods of volatility across the crypto market. Despite the skepticism, X Finance Bull’s post demonstrates that confidence remains strong among parts of the XRP community . Supporters continue to argue that future announcements, institutional activity, and utility-focused developments could eventually drive renewed demand for XRP and other digital assets tied to real-world use cases. 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 Expert to XRP Investors: This Is Your Best Chance to Buy Cheap. Here’s What Is Coming appeared first on Times Tabloid .
23 May 2026, 18:00
Hyperliquid ETFs record $36 mln inflows in 5 days: Arthur Hayes adds to the HYPE

Hyperliquid's Options activity and institutional attention increasingly accelerated beneath expanding derivatives-market participation.
23 May 2026, 17:30
Could the $50 XRP Candle Happen Again? The Gemini Slippage Shock That Rocked 2023

The Truth Behind XRP’s $50 Gemini Candle: Real Trade, Thin Liquidity, Big Lessons In August 2023, XRP briefly printed near $50 on Gemini, a move that sparked immediate controversy across crypto markets. According to computer engineer Charusan XRP, it wasn’t a glitch or bad data , it was a real trade print caused by extreme liquidity imbalance, in other words it was a catastrophic slippage. On an exchange like Gemini, price is not fixed; it is built from stacked buy and sell orders. As a result, a market buy order doesn’t pick a price, rather it sweeps through available sell orders from the lowest upward. When liquidity is thin, that sweep can move violently. During the XRP relisting period, the order book reportedly had very few sell orders placed near market levels, leaving large price gaps. As buy pressure entered, it quickly consumed available liquidity and kept climbing the book until it hit an isolated outlier sell order around $50. This single execution briefly printed at that level. Reported estimates suggest it took roughly $37,000 in aggressive buying to trigger the move. Why the $50 XRP Candle Was a Liquidity Event, Not a Valuation Signal The Gemini episode highlights a core market microstructure reality that in shallow order books, even modest volume can create extreme price dislocations. However, this does not reflect XRP’s fair value, it reflects execution conditions on a single venue at a specific moment. Some market narratives extend this into claims that institutions must pre-fund massive XRP liquidity pools to function at scale. In practice, large players typically avoid exposed exchange order books altogether, instead routing flows through OTC desks, internal liquidity networks, market makers, and off-exchange settlement systems designed to minimize slippage risk. What the Gemini print actually shows is that even fragmented liquidity can distort price discovery in dramatic ways, especially on thinly populated books. It is a mechanics problem, not a valuation signal. Meanwhile, XRP price action continues to compress, with a weakening wedge structure forming as price drifts lower. Per CoinCodex data, XRP is trading at $1.33. Adding fuel to the XRP fire, over 4,300 new wallets were created in a span of just 24 hours, alongside notable Binance outflows, suggesting accumulation is quietly building beneath the surface.













































